Sunday, September 26, 2004

My First Mistake

My first mistake in trying to build an online business was to "believe the hype".

Like most novices, I would see the "get rich quick sign" and ...SHAZAM... there I was... joining up,doling out cash, and expecting to make a lot of big money in return. Months or sometimes a year later I was still shelling out cash but making little or no income.

This cycle repeated itself over and over until my lack of cashflow forced me to take a serious look at myself. "WHAT WAS I DOING WRONG?", I asked myself.

The biggest thing I was doing wrong was believing the hyped up claims and not taking the time to do the math. You can save yourself a lot of headache and cash by just crunching the numbers. For example, if the claim says "make $5000 a day with our matrix" don't just assume you or anyone else will get to that point. That matrix might pay $5000 a day but it may take several hundred or several thousand people in your downline to get to that point. Look at the figures and run the numbers for yourself.

There is also one figure I never knew about when I first started on the internet. A whopping 90% of people will fail. Why do I leave you with such a dreary thought? Perhaps it will spur you to avoid becoming a part of that group who fails. I would surmise that the majority of those who fail do so because they don't take the time to learn how to succeed. It's easier for them to go from program to program hoping that a bogus claim will true.

It's ironic, but if people spent more time on learning to be successful the 90% failure rate would turn into a 90% success rate.
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1 comment:

Daniel O'Leary said...

thansk for the advice. -Dan
http://dankoleary.squarespace.com