What separates the people who make it big from those that fail?
Everyone that gets into the Internet Marketing game is looking to make a fortune. Some do and most of them don’t. Most of them actually fail miserably or give up too quickly. So, what separates the people who make it big from those that fail?
It’s all about the mindset that you take and the willpower that you exude. These people who make it big have an undeniable confidence in themselves and are supremely confident in their own abilities. When this confidence is shaken and they are down, they exude their willpower and get back on the horse and ride harder towards their goals than ever and with more resolve than ever!
You see they are not afraid of taking chances. Life is about risk and sometimes you have to take chances in order to be successful. If you are going to be a successful Internet Marketer, you’re going to have to learn to take chances. That doesn’t mean that you’re going to be reckless, but take calculated risks instead. Was there risk involved in creating Microsoft? Google? Etc. Sure, a person is taking a big risk by opening a business. A lot, of bad things can happen, but a lot of good things could happen as well.
Where to Start
The greats always have the end in mind when they are beginning. They not only have their goals in place, but also a detailed plan. This goes for not only your whole life, but for every project that someone undertakes. As an Internet Marketer, you will probably partake on hundreds of projects.
Plan each of them out with the end result in mind, what do you want to get out of this project? What do you want to accomplish with each and every project that you undertake? Try and get all of the projects working towards the same goal or goals of yours.
Too many people get in to Internet Marketing with aspirations of making all this money and making all of their dreams come true, but few ever have a plan to make this happen. They don’t take the time to sit down and think out a business plan for themselves and their business.
They depend on other people to provide them with this information. At the end of the day you have to come up with your own plan of action. You can certainly take all of the information that you get from other people and apply that to your business plan, but don’t expect anyone to provide you with one.
Everyone has different goals and are at different stages of their lives. The individual has to come up with their own individual plan. It is also an ongoing process that needs to be adjusted from time to time, in order to, fit the individuals life.
After you have formulated this plan, take action and don’t look back. Focus on your plan and don’t get distracted. That is a tough thing to do when there are always all these new fads that come and go in the Internet Marketing field. They come and go, they maybe make a few quick bucks with them, but after they go they have nothing to fall back on and they are searching again.
I call these Internet Marketers “Searchers” they spend so much of their time searching, instead of building something of meaning. That is why you build up your business with sound Internet Marketing techniques that, at their core, won’t be going anywhere.
Multiple Streams of Income
The Internet Marketing field can be a very volatile area. It is filled with ups and downs and is full of change. The best thing that you can do to stabilize the situation is to diversify your earnings. Don’t put all of your eggs in one basket.
It’s somewhat like the stock market, when it is going good you can pick and choose single stocks and make good money. When it isn’t so good and things are volatile, professional money managers will diversify their stocks and spread their money around to avoid the big loss.
I’m not going to just focus on one stream of income because what happens if that stream starts to slow down or die out completely, I’m in big trouble then. If I have several different streams, if one gets in trouble hopefully another one can pick up the slack until things pick up again.
The main reason that people fail in the IM field is obviously because they don’t make enough money. Well one way to avoid this is to keep a constant stream of income coming in while you’re getting started building your business.
Start making some money right off the bat. It will give you something to live on and give you some money to invest in your business. Money to buy domain names, web hosting, maybe outsource some of your work. It also gives you some confidence going forward. Sometimes the toughest dollar to make online is the first one.
Some ways that you can do this is to take up a part-time job online. If you don’t want to do that then you can do some freelance work. If you don’t want to do that sell some things on eBay. There are countless other things that you could do, get creative. Money is money, whether it’s earned online or offline, have a garage sale, cut back on spending, just so you have enough to invest some money in your business. It goes a lot quicker if you have some money to invest.
Build Assets
Earlier I talked about searchers and they are searchers because they haven’t taken the time to build their business. They have no assets to fall back upon after their fads dry up. Instead of improving and growing, they have been squirreling along looking for acorns, while the people that are building a business are growing a tree. Acorns come and go, but the tree stays, the tree is a powerful asset.
If you’re creating your own products then build your mailing list at the same time. You should also build yourself a web site or sites to sell your product and gain other revenue from affiliating other products or monetizing the site in a way of your choosing.
These things are all assets that you can rely on for the rest of your life. Having several products that you can sell over and over again are great assets to have. Web sites are good assets to have and a mailing list is the grand daddy of assets. When you combine all of these assets you have a powerful business going forward for years to come.
You just keep on creating more and more products, expanding your web site or web sites and keep adding to your mailing list and keeping them happy. You will see your bottom line rise week to week and month to month. The feeling of progress is not only a great feeling of accomplishment, but the success gets addicting and you keep striving to make more. Produce more assets and make more money.
Taking it to the Next Level
Once you start making some money online, it’s a good thing, but you want to take it to the next level! Take it to the big time. When I got to this stage, I wondered how that I was going to do it. I had some products and I had started building a mailing list and I had dabbled in a few different areas. Well I came up with a plan and a schedule.
I remember it was on a Sunday night, perfect for planning my week. I knew that I wanted to expand across the board in a number of areas. I didn’t just want to grow one area at a time, so this is the plan that I came up with.
I planned on putting in 40 hours this week, eight hours per day.
Monday
- 2 hours writing new e-book on x topic
- 2 hours working on my web site, that sells my own products and affiliates others
- 2 hours getting as much traffic as humanly possible to my sales page that my best product was on
- 2 hours spent towards becoming an eBay powerseller
The next four days were scheduled identical to Monday. An easy enough set-up, but I started to see some real results across the board, I was building assets and gaining more streams of income. I was also building my list by having everyone who bought my products, sign up for my list.
So, as you could see, in just one week I was building a great thing that I was going to be able to rely on for years. The top dogs keep on improving, they keep on pushing for more and are never satisfied.


