Winchester
BANNED
- May 5, 2010
- 974
- 1,903
1. Buckle Down with the Two Percent Rule: Sometimes people think that the only way to become rich and successful is to make plenty of money and many people forget that a valuable mental state of many successful individuals it to save money. Take a step back and look at your life, and your business; there is for sure fruitless spending - everyone does it. In fact if the American government cut 2% of spending a year they would be debt free within 8 years! Try and personally cut 2% a month for the first year of your life, after this try and continue to cut out 2% of your spending every year. This could be as simple as downsizing your coffee, finding free entertainment alternatives, or even not using paperclips. Simple cut backs like this allow you to save money for when you really need it - you'll be surprised how much you actually have.
2. Fall off the Horse Sometime: Sometimes we think we're untouchable, sometimes we think we are going to reach a day where we are above repetitive tasks. It's important to be dragged through the mud and kicked when we're down at times. We learn from our mistakes, we learn a humility that makes us understand everyone elses struggle and respect it properly and we know how to better build for the future. In October 2011 I lost a good part of my content empire to a poor host, didn't stop me, didn't phaze me. With in an hour I buckled down and began to rebuild, because turn over happens and it teaches us to refine our process. In the long run those who grow up to be real fighters are those who spent a lot of time coming home with black eyes.
3. Be Nice to a Price: One of the best pieces of advice I was ever given was to "never burn my bridges" always be nice to everyone I meet, try and be helpful, try and be understanding. Because of this I've build many great and long lasting friendships and many people have had my back - yet the important thing to remember is that there will be leeches in your life. People who drag you down to their level, who suck you dry of time, money and motivation and ultimately are bad decision. These are bridges that you SHOULD burn with as much god damn gasoline as you can find.
4. Never invest: This isn't to say that stocks and investing in companies is a bad idea; but investing in your own projects can be. When you first break into the online world you have to understand that it is a secondary revenue for you until it out shines your primary one. There are plenty of ways you can make money online without spending a time so why would you use your hard earned cash from a slaving 9-5 to fund an online project when you can do it just as easily with a few simple tasks.
5. There are two types of people in this world: There are only two types of people in this world. Those who create value and those who spread value around. If you've never made a product, you're in the second category. Consultants, and service hounds and other such jobs are infamous for spreading wealth around. This isn't always a bad thing but in these situations you are limited by an outside source, a limited wealth distribution, a limited capital interest and the service, knowledge and work flow of others. Why have your hands bound when you can create real asset value for yourself, making yourself money now as well as investing in self branding for money later.
6. There is an offline world: There is a world outside the internet, outside of CPA and Google Adwords, and it is filled with a far greater budget for affiliates, advertisers, markets, SEO agents and writers than anywhere else. Sometimes for a younger audience it can be a challenge to walk into an office and make a pitch but it can be worth it. My 3 biggest clients don't even have websites. Grab a suit, learn a good elevator pitch and create a valuable service that connected with a little bit of local PR and some smooth talking can really break down walls in the big wall street world.
7. Ignore the Barriers: 2 of the smartest people I've ever met don't speak a lick of English. If you ask them too it's like speaking to a 3 year old. Luckily I speak a number of languages and can often work my way around such barriers. But, even if we don't have a common language taking the time to communicate can be well worth your while. Everyone has skills, ideas and capabilities and many individuals who struggle with English will be quickly dismissed as unintelligent and invaluable. If you take the time to seek out these individuals and discover their talents you will often find they have less work on their plate than their English speaking equivalents and are far more willing to lend a helping hand that offers way more effort.
8. Work for Pennies: Never think a job is beneath you, if you have the time for a paid job then take it. Even if you think the pay is measly or lower than what you are used to you should still do it. A dollar is a dollar. I work primarily in the offline marketing consulting business with a number of personal clients; but I still take time each day to do jobs on Fiverr. The only time that your time is more valuable than what you are being paid is if someone is willing to pay you more to do another job right that second.
9. You're only half as smart as you think you are - and twice as dumb: This one isn't an insult and it goes for everyone, including myself, and the sooner we all learn it the better. You'll never pull a fast one on anyone on the internet, and you certainly don't know it all. Everything you say will be checked and re-checked; you're going to make mistakes, you're going to get things wrong. Accept it, work with it and learn from it. Don't think you are anything more than you are. I'm sure we all remember mugshots...
10. Do one thing really really well!: Understanding success is about understanding brand focus. Your average corner store or deli carries everything under the sun but starbucks started with only coffee; and one of them is a billion dollar chain. Many people will argue McDonalds and Starbucks have a ton of different items; but that's now adays, once you have a brand you can sacrifice long term brand growth for short term sales growth but in the beginning do one thing really really well. If your forte is writing then just write, build a name as a writer because a focused premium service will sell at a higher price and more frequently than any service by a jack of all trades.
11 Bonus Tip - Visualization is Bullshit!: Anyone who tells you that thinking like a rich person and acting like a rich person can make you rich is full of crap. Rich people don't get rich by acting rich, they get rich by saving money in the right places, focusing their brand (including their own name services), building reputable clients and making smart business choices. Why would you possibly want to think like someone who buys a jet, buying a jet wont making you rich. Being smart, working hard and build your future will.
At the end of the day focus, do what you are good at, network with others and keep on truckin'
Best of Luck Blackhatters,
Winchester
2. Fall off the Horse Sometime: Sometimes we think we're untouchable, sometimes we think we are going to reach a day where we are above repetitive tasks. It's important to be dragged through the mud and kicked when we're down at times. We learn from our mistakes, we learn a humility that makes us understand everyone elses struggle and respect it properly and we know how to better build for the future. In October 2011 I lost a good part of my content empire to a poor host, didn't stop me, didn't phaze me. With in an hour I buckled down and began to rebuild, because turn over happens and it teaches us to refine our process. In the long run those who grow up to be real fighters are those who spent a lot of time coming home with black eyes.
3. Be Nice to a Price: One of the best pieces of advice I was ever given was to "never burn my bridges" always be nice to everyone I meet, try and be helpful, try and be understanding. Because of this I've build many great and long lasting friendships and many people have had my back - yet the important thing to remember is that there will be leeches in your life. People who drag you down to their level, who suck you dry of time, money and motivation and ultimately are bad decision. These are bridges that you SHOULD burn with as much god damn gasoline as you can find.
4. Never invest: This isn't to say that stocks and investing in companies is a bad idea; but investing in your own projects can be. When you first break into the online world you have to understand that it is a secondary revenue for you until it out shines your primary one. There are plenty of ways you can make money online without spending a time so why would you use your hard earned cash from a slaving 9-5 to fund an online project when you can do it just as easily with a few simple tasks.
5. There are two types of people in this world: There are only two types of people in this world. Those who create value and those who spread value around. If you've never made a product, you're in the second category. Consultants, and service hounds and other such jobs are infamous for spreading wealth around. This isn't always a bad thing but in these situations you are limited by an outside source, a limited wealth distribution, a limited capital interest and the service, knowledge and work flow of others. Why have your hands bound when you can create real asset value for yourself, making yourself money now as well as investing in self branding for money later.
6. There is an offline world: There is a world outside the internet, outside of CPA and Google Adwords, and it is filled with a far greater budget for affiliates, advertisers, markets, SEO agents and writers than anywhere else. Sometimes for a younger audience it can be a challenge to walk into an office and make a pitch but it can be worth it. My 3 biggest clients don't even have websites. Grab a suit, learn a good elevator pitch and create a valuable service that connected with a little bit of local PR and some smooth talking can really break down walls in the big wall street world.
7. Ignore the Barriers: 2 of the smartest people I've ever met don't speak a lick of English. If you ask them too it's like speaking to a 3 year old. Luckily I speak a number of languages and can often work my way around such barriers. But, even if we don't have a common language taking the time to communicate can be well worth your while. Everyone has skills, ideas and capabilities and many individuals who struggle with English will be quickly dismissed as unintelligent and invaluable. If you take the time to seek out these individuals and discover their talents you will often find they have less work on their plate than their English speaking equivalents and are far more willing to lend a helping hand that offers way more effort.
8. Work for Pennies: Never think a job is beneath you, if you have the time for a paid job then take it. Even if you think the pay is measly or lower than what you are used to you should still do it. A dollar is a dollar. I work primarily in the offline marketing consulting business with a number of personal clients; but I still take time each day to do jobs on Fiverr. The only time that your time is more valuable than what you are being paid is if someone is willing to pay you more to do another job right that second.
9. You're only half as smart as you think you are - and twice as dumb: This one isn't an insult and it goes for everyone, including myself, and the sooner we all learn it the better. You'll never pull a fast one on anyone on the internet, and you certainly don't know it all. Everything you say will be checked and re-checked; you're going to make mistakes, you're going to get things wrong. Accept it, work with it and learn from it. Don't think you are anything more than you are. I'm sure we all remember mugshots...
10. Do one thing really really well!: Understanding success is about understanding brand focus. Your average corner store or deli carries everything under the sun but starbucks started with only coffee; and one of them is a billion dollar chain. Many people will argue McDonalds and Starbucks have a ton of different items; but that's now adays, once you have a brand you can sacrifice long term brand growth for short term sales growth but in the beginning do one thing really really well. If your forte is writing then just write, build a name as a writer because a focused premium service will sell at a higher price and more frequently than any service by a jack of all trades.
11 Bonus Tip - Visualization is Bullshit!: Anyone who tells you that thinking like a rich person and acting like a rich person can make you rich is full of crap. Rich people don't get rich by acting rich, they get rich by saving money in the right places, focusing their brand (including their own name services), building reputable clients and making smart business choices. Why would you possibly want to think like someone who buys a jet, buying a jet wont making you rich. Being smart, working hard and build your future will.
At the end of the day focus, do what you are good at, network with others and keep on truckin'
Best of Luck Blackhatters,
Winchester
