Can A Newbie Makes 5-figure income in his 1st year?
This post is taken from the orgy Warrior Forum. But it is worth it for you guys to see how these gurus think. See the irony of the following post from the great Mike Filsaime.
If no one ever did it, how would you react right now?
If ONE person did it, what would you do right now?
If 100 people do it per month, what would you do right now?
I do not think it matters at all!
It will only define a FRAME around you to what is acceptable.
That will distract you as you will set your goals to achieve
what others have done and you will be discouraged when you
do not have the same success at the same rate.
If I told you I made NEGATIVE $-7000 for my first 5 months
and then I found the "secret" and I made $5000 my very next
month (month number 6) and made more money every month since
I started, what does that mean to you? NOTHING!!!
What does matter is that you SET A GOAL, WRITE IT DOWN,
and work with a MENTOR that will keep you accountable.
Some advice I go by.
#1 - NEVER EVER buy a tool or course that
- Will distract you from your current project
- Will send you in a total 180 from what your current goal is.
- that you are NOT ready to use right now.
#2 - Don't fall for hype. ONLY BUY WHEN...
- you are at a point in your business when you
can not go forward without the tool or the information
you need.
#3 - Don't be afraid to pay for information, as long
as it is what you need when you need.
#4- Stay off messenger. Use Yahoo and stay invisible.
Chat is treading water. You need to swim forward.
#5- Stay out of forums....
Use them as a reward AFTER you complete you work for the day.
I post mostly only before I go to bed after I had a chance to
get my work done.
#6- Prioritize your work for the next day and write a new
to-do list each night before bed and work on it the next day.
Wash...Rinse...Repeat
The first of EVERY month write a 30 day goal based on your
current projects and do not get distracted. Keep your head
down and work on your goals and projects and to-do lists.
#7 - Have a 6 month goal and review/modify it every 3 months.
Set your goals on projects etc... not money. Do not say
"I want to make $5000 per month" Rather, say, "I want to
complete this ebook, launch the site, have 50 JV partners,
and have 500 opt in members in the first 30 days and 50
sales in the first week."
#8- Form a mastermind with positive people, a INNER CIRCLE
of people in your niche, mentors etc. FIRE all of the
negative people in your life and focus on associating
with "Do'ers" and "Winners"
Your income is the average of your 4 closest friends. So
associate with the people you want to be like.
#9 - Invest in your education when you start to make money.
#10 - When the money comes in, start to out source so
you can leverage your time better and your income will
explode. Pay attention to when you are stating to TREAD WATER,
if that happens, out source so you can SWIM FORWARD.
Know what your time is worth and never do anything that is
not worth "your rate." Outsource it and concentrate on
maximizing "Your Rate" to what you do best.
Finally, as STEPHEN R. COVEY says, Begin with the end in mind.
Make sure you set your business up now with the right structure
so when it becomes a real business, it does not become a "JOB."
So make sure you infrastructure like support is ready for when
you make $1Million per year. Make sure your have email accounts
for:
- Billing, product purchases paid subscriptions (aka...
billing@mydomain.com)
- Good Newsletters (Newsletter@mydomain.com)
- Affiliate Programs (Aff@yourdomain.com)
- Personal and JV (bus@yourdomain.com)
- Junk Squeeze Pages (pass@yourdomain.com)
- Non Business (yournameonly@yourdoamin.com)
If you use one email for all, you will start to hate
life and there is NO TURNING BACK!
Use outlook to sort these to folders
I know this was a bit long, but if you study the basics,
Copy, List Building, SEO, Affiliate and JV Marketing, Testing,
tracking and Conversion... there is nothing you can't do if
you follow this formula.
Good luck!
Mike Filsaime