When it comes to making money online.
Most of the time it’s not even us having to learn new skills that are preventing us from success..
Most of the time it’s about giving up the things that we think we know and unlearning everything else that we were originally taught on how to make money and earn a living..
So today my fellow freedom fighters we are going to go over the 5 things you need to give up RIGHT NOW if you want to have any chance to make money online
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Newbie Entrepreneur? Learn The Simple Tactic I Used To Make an Extra $1K Per Day While Traveling the World
#1 GIVE UP YOUR EXCUSES
When it comes to making money online, you have to understand this universal law:
“As excuses go down, income goes up.”
On the other hand – as excuses go up, your income goes down.
In order to fix this “excuse” problem, you will need this thing called SPEED OF IMPLEMENTATION.
Now one of my favorite shows of all time is How I Met Your Mother.
In the show, Barney, one of the main characters, always goes to the bar and talks to women. While Ted, the other main character, usually just sits there extremely shy.
But whenever Barney is talking to a girl, he will suddenly say, “Have you met Ted?” and throw him into the conversation as Barney disappears.
Forcing Ted to either face his fears and talk to the girl he likes or to awkwardly walk away.
Usually, it’s the time in between the idea and the action that the excuses start appearing in Ted’s head.
”Oh she has a boyfriend.”
“Oh she doesn’t want to talk to me.”
But if he was forced into the social situation before he can actually logically think of an excuse, then he will be better equipped to get a positive result in the interaction.
It’s the same thing when I first started in business.
Whenever I had a business idea, I would spend time thinking if it was a good idea or not.
But since I had a lot of time to think, it was really easy to think of more bad things that can happen than the amazing things that were possible if I just took action.
I would have excuses like “Oh what if I lose money, what if I fail, what if my parents don’t support what I do, what if my friends think what I do is dumb?”
And then I would GIVE UP before actually starting.
What changed in my life was when I committed to speed of implementation.
It’s when I forced myself where whenever I had a business idea, I literally gave myself 5 minutes to MARRY that idea with some type of forward moving action.
One example is when I had the YouTube and blogging idea.
I bought my domain and created my channel within 5 minutes.
The moment I did that, I couldn’t get stuck in my head and let the excuses start coming in because I was already invested and took one small step towards my goals.
Usually it’s the first action step that’s the hardest.. But using the speed of implementation, you can start gaining the momentum that’s needed to actually get to where you want to go.
What is one thing that you can do RIGHT NOW that will kill your excuses?
Is it buying that domain name, launching your first $5 ad, applying for affiliate networks.. PICK ONE and do it within 5 minutes after reading this blog.
Go out there and commit to at least doing this one thing.
#2 GIVE UP PLAYING THE VICTIM GAME
Here’s the truth with life and success:
“If you were born poor, that is not your fault. But if you die poor, that is 100% your fault.”
So many amateur entrepreneurs come to me and they complain and think that failure is just a special occurrence that only happens to them.
Shut the hell up man!
Failure happens to EVERYONE.
But the moment you start feeling pity for yourself and feeling depressed for your lack of results, is the moment that you should just throw in the towel and give up.
Because it is in that moment that you just threw away your dreams.
Life doesn’t happen to the people that feel sorry for themselves, it happens to the risk-takers.
Life happens to the people that are willing to get uncomfortable because they understand that this uncomfortable realm, is where results happen.
What changed for me when I started gaining my initial success was when I threw away my victim mentality.
I began taking responsibility for my own life.
My mom was working 16 hours a day and my dad was killing himself working every single night shift trying to pay for my college.
This was before my little sister even had the opportunity to go to College.
Do you think my victim mentality and me complaining would fix that situation?
NO.
Do you think feeling sorry for myself and for my lack of results could actually pay for my little sister’s education?
Hell NO.
And even though it was a really crappy situation, I’m grateful for it because it was that situation that gave me the hunger that I needed to succeed to help my family out.
#3 GIVE UP ON JUDGMENT FROM YOUR LOVED ONES
When I first started working online, my parents thought it was the weirdest thing.
They came to America from the Philippines where it’s deeply rooted in our culture that the only way to survive and to be “successful” in life is to get a well-paying stable job.
From there, my only option was either to become a nurse, an engineer, or a mailman (which are oddly the popular choices for Filipino parents for their kids)
By the time I actually had the idea to make money online and to help my family‘s financial situation..
My parents literally shut me down and they judged me for it even though I had every single good intention.
And for the longest time, THEY DIDN’T SUPPORT ME.
And right now my fellow freedom fighters, you have this amazing beautiful vision of how your life was meant to be, but the people close to you are JUDGING YOU for it.
Don’t blame them, they were never given your dream, they have never seen that vision that you saw.
But whatever you do, DO NOT LET THEIR OPINIONS sway you from your destiny..
Instead of taking in these negative opinions, what you need to do is prove them wrong with your results.
My parents didn’t support me for the longest time but do you know what changed?
WHEN I STARTED PAYING FOR MY LITTLE SISTER’S college tuition.
Instead of quitting on your loved ones account, use that as fuel to prove them wrong.. And more importantly, proving yourself right that you DO deserve what you really want out of life.
At the end of the day, you decide what you want in life..
Not your parents, not your loved ones, it is YOU.
#4 GIVE UP ON THE RESULTS-ORIENTATED MINDSET
Do you want to know what is the slowest way to make money online?
It is through having results-based goals.
So many people get into learning how to make money online with the goal of making $10K/month within 3 months.
Do you know what happens after that?
Every single day that they don’t accomplish their goal, they start losing motivation.
They start losing inspiration, and they end up listening to other people’s advice that don’t have the results they want.
Now that is because they are tying their happiness and their achievement to a results based goal.
So how do you change that?
By becoming PROCESS-ORIENTED instead.
When I first got into YouTube, one of my biggest goal was to make at least $100 a day every single day from just the Youtube ads that play before the video.
And guess what? It took the longest because I kept on getting discouraged on the fact that I was not getting the results that I wanted.
What changed was when instead of focusing on the end result, I started focusing my sense of achievement on the process.
Instead of my goal of hitting 100/day (results-based) my new goal was to publish 2 highly actionable videos a week (process-based).
And guess what happened?
I hit the results based goal regardless because I focused on the process.
Now you need to do the same my fellow freedom fighters..
Give up your results based mindset right now and start asking yourself what daily processes can you make your goals?
Maybe it’s testing 3 new products a day, or maybe it’s writing for 30 minutes a day.
It doesn’t matter.
The importance is that when you focus on the process, the results happen naturally.
So stop telling yourself you want to earn $10,000 a month because when you don’t hit it in the time that you wanted to – and it’s going to happen because it happens to everyone – you’re just going to feel this negative feeling inside of you that’s going to prevent you from actually taking action towards your goals.
#5 GIVE UP ON SHINY-OBJECT SYNDROME
This was one of my biggest problems when I first got into making money online.
Whenever I was close to getting success, I immediately shot myself in the foot and gave up on it the moment I learned of a “new way” of how to make money online.
This is what is known as the shiny object syndrome, which is going from opportunity to opportunity and not ever focusing on one thing.
In short, the shiny object syndrome is a form of mental laziness that prevents you from actually focusing on the problems that you have at hand.
Give it up RIGHT NOW!
Guys, there are so many ways to make money online and every single way is valid but the BIGGEST thing that’s going to stop you from achieving success is not the opportunity that you are in, it is YOU.
Let me save you some time and tell you the only businesses you need to focus on.
- Cash-flow Business
A cash flow business is something that you can leverage a traffic resources like Facebook Ads to immediately get you results the fastest.
- Personal Brand
As good as cash flow business are, the downside is when you depend on only one traffic source like Facebook Ads, you don’t own the traffic. All it takes is for your account to get shut down and you don’t have a business.
But when you become a personal brand, you become the traffic source.
And guess what?
This is something that you can own for the rest of your life.
Think Tai Lopez, Gary Vaynerchuk, Grant Cardone.
They don’t depend on any traffic source for their business because THEIR NAME is the traffic source.
That is exactly what I did. And I recommend you do the same.
You can start by using speed of implementation and creating your YouTube channel within the next 5 minutes.
And if you are really serious, you can create your blog as well.
It’s all about leverage guys.
You start with your cashflow business and use the results that you got to leverage your way into a personal brand.
So hopefully that helps!
Your fellow freedom fighter,
Mike V.
QUESTION: What do YOU personally have to GIVE UP to get to where you want to go?
And for more tips on how to make money online make sure you check out the following:
