To Darn Many Ways To Make Money
Below is a MRR and PLR article in category Internet Business -> subcategory Web Hosting.
Too Many Ways to Make Money!
Summary:
The world of making money offers a dizzying array of choices: Affiliate Marketing, Google AdWords, Google AdSense, Network Marketing, Niche Marketing, Direct Mail, Real Estate, Stock Market Investing, Direct Marketing, the Forex Market, High-Yield Investment Programs, Direct Sales, eBay and Online Auctions, Information Marketing?"the list goes on. So, where should you begin? Here's a story that might resonate with you and provide some "aha" moments.The Story of Rob
Three years ago, at an Internet Marketing Conference in Orlando, I met an enthusiastic young man named Rob. I was presenting on "How to Create a $5,000+ Monthly Income with eBay and Online Auctions," and Rob was captivated by the possibilities.
After my presentation, Rob immediately invested in my $1,500 eBay training program, which included eight hours of one-on-one coaching. Over the weekend, he invested in several other programs, armed with $10,000 he inherited, eager to escape his job at the airlines.
The Follow-Up
Surprisingly, six weeks later, Rob hadn't scheduled his first coaching session. I called him, and he explained he'd tried several businesses unsuccessfully during that time. It became clear he had unrealistic expectations, so I was determined to address this in our upcoming sessions.
Rob and I began weekly phone meetings. During the first week, he listed 20 items from his home on eBay and sold 16?"an impressive start. By the second week, he made $301 in profit, and by the fourth week, almost $500. By the sixth week, he was earning $711. Rob was on track to become a full-time entrepreneur.
The Disappearance and Return
Then, he missed a session, and I assumed he would reschedule. But I didn't hear from him again until three years later. When he called, he confessed he'd been jumping from one venture to another, making little progress. He admitted he made the most progress during our coaching and wanted to start again, aiming for $3,500 a month with online auctions.
The Lesson
This situation is common: potential entrepreneurs drown in information overload, mastering none. They become jacks of all trades but masters of none. I experienced the same struggle early in my career.
Here's what I've learned:
- Choose Strategies Carefully: Determine if you want short-term or long-term cash flow. Ask yourself about the realistic income possibilities, and remember: sometimes you must say no to good projects for the great ones.
- Commit to a Project: Stick with it until you're profitable. If others can succeed, so can you; the real challenge often lies within yourself.
- Invest in Coaching: The best investment is learning from a knowledgeable mentor. They can significantly shorten your learning curve and multiply your returns. Even top performers like Tiger Woods have coaches!
Thinking Big
Once you find a successful project, think about duplication. A woman from Utah consulted me after spending $2,000 on courses to build a website that earned $5 a day. I told her she needed 999 more sites for real income, highlighting the importance of scaling.
Conclusion
Stop spinning your wheels and focus on mastering the systems and programs you choose. Get a free book, "The Top 6 Cash Flow Systems for 2006," at [http://www.2006Top6.com](http://www.2006Top6.com). Once you've decided, get coaching, become profitable, and scale up!
With dedication and the right guidance, you can transform any endeavor into a thriving income source.
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