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Blackhat Success: Ten things you NEED to know but no one ever told you.

Discussion in 'BlackHat Lounge' started by Winchester, Oct 24, 2011.

  1. Winchester

    Winchester BANNED BANNED

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    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
     
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  2. jamunkala

    jamunkala Regular Member

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    Thanks for letting us know :)
     
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  3. proudlytwisted

    proudlytwisted Regular Member

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    Quality post my friend... thank you for taking the time.
     
  4. Emmett

    Emmett Junior Member

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    Very good advice man, thank you :)
     
  5. mrk89

    mrk89 Registered Member

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    Thanks for this ,,really quality tips
     
  6. SahL

    SahL Elite Member

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    awesome post winchester!
    Thanks +rep given!
     
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  7. keinehabe

    keinehabe Supreme Member

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    ready for copy/paste and stick other dumb ebook on dp/warriors forums :D
     
  8. Stemar

    Stemar Registered Member

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    Really quality post. Thanks.
     
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  9. Tirade

    Tirade Registered Member

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    Isn't this advice contradictory? Wouldn't saving money, focusing on your brand, and making overall smart business decisions indeed be "thinking and acting like a rich person"? You're essentially telling us to ignore all of the wise advice you gave in the previous points. ;)
     
  10. Sleinad

    Sleinad Senior Member

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    That is sort of true, but if you were trying to act rich, you wouldn't be saving much as you would be blowing it on fancy clothes, cars, and whatever else.

    I don't think the idea is stupid, but you go to far and end up wasting all your hard earned cash. If you are always thinking about sad things, then you will end up being sad, and if you always think of being healthy, then you will end up being heathly. So I think the theory is true, but you just need to always being thinking of money and being rich, and not actually doing things that rich people do like buying a supercar etc.
     
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  11. Tirade

    Tirade Registered Member

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    Then wouldn't it be more accurate to say, "Don't blow all of your money on shit you don't need" rather than make a blanket "Don't act like rich people" statement as the OP did?

    I agree with what you're saying (and what I think the OP is trying to say). I'm just questioning to awful way the OP's last point was worded.
     
  12. thetraveller

    thetraveller Senior Member

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    Great words, many thanks.
     
  13. Winchester

    Winchester BANNED BANNED

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    Let's put it this way, rich people were all not rich people before they got started. If you think they got to where they are today by thinking, visualizing and acting rich then you go ahead and do that. I'm going to continue scraping, saving, and focusing on my business rather than let some grandeur dream of money distract me. To many good ideas are lost to powerful dreams and "what ifs"
     
  14. ryanjm

    ryanjm Junior Member

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    Eventually I believe you will find this to be unwise. This is an issue we started to have a few months ago. For example: Let's assume you can create an affiliate site that will make you $200/mo but will take you 3 days to create. Let's also say that someone is offering you $100 right now to build some links for them. Unless you need the money right now, then your time would be better invested in creating long term wealth for yourself.

    That wasn't a perfect example, but every day there are opportunities to make some short term cash, while ignoring the more valuable skill-set that you have which can create a passive long term income. It's very easy to fall into the trap of doing tedious repetitive tasks to save a dollar when you could outsource it and focus on building your empire using the skills that make you valuable, instead of doing the manual labor tasks that anyone can do.
     
  15. Sleinad

    Sleinad Senior Member

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    Yes that is true...but what you are doing is in order to try and get rich or to be successful or whatever your aim is, and you wouldn't be doing that without thinking of being it.

    In other words, if you didn't think about expanding your business then you wouldn't. You have to think 'hmm i want to get xx% more profit by next year' or 'if i continue to build my business up then i can support my family' or whatever the reason is for making the money.

    Its really hard to explain, but you can't become something that you haven't thought about becoming...

    Few examples...mark zuckerberg would have thought about how rich he will be as Facebook began to expand, and what he could do with all the money etc. Same for bill gates, richard branson and anyone else, they all would have thought about being rich and what it would be like to be rich
     
    Last edited: Oct 24, 2011
  16. supahsmooth

    supahsmooth Junior Member

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    I disagree with point 4. Never invest.

    Sure there are a lot of people who are just buying crappy software at the promise of getting rich with a single click. But real internet marketeers should invest. As long as they are certain that they will earn the money back and have seen proof that it is really goiing to happen.

    If I didn't invest I would still be writing content myself and creating useless blogspot blog's hoping to make a few dollars on amazon or adsense.

    My rules to live by are: With money you can generate more money. Don't work hard (like the milions of other average people in this world), work smart.

    Cheers
     
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  17. acotut

    acotut Elite Member

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    Yea,there are many things that aren't really good advices there lol :D but in some cases they can apply.
     
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  18. Winchester

    Winchester BANNED BANNED

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    If you went on to rad it basically says don't take sacrifices with primary funds, but you can entirely invest with secondary funds. Anyway this is advice I wish someone had given me years ago, take it or leave it, there will always be exceptions.
     
  19. kideze

    kideze Elite Member

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    realest s*it ever wrote
     
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  20. LongBanana

    LongBanana Regular Member

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    Great thread and things posted. It's so true and I learned a bit. :)
    Thanks & +rep
     
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