Fastest way to make profits, and why it's a bad idea...

If you've been chasing the fastest way to make profits in your online venture you might be making a huge mistake, and here's why...

The fastest short term profits are usually acheived by spotting a 'gap' that most other people have not seen, so it's not competitive, and so it's easy.

So you can make some quick profits while that gap is open IF you act fast enough and execute.

HOWEVER...

There are some major flaws to this that traps so many people in a desperate cycle...

- It won't be long before that gap closes. It usually gets saturated and smart long term thinkers figure out ways to squeeze out the competition.
- By doing something easy, you don't develop skills and knowledge that helps you in the long term... in fact the opposite...
- Every time you chase a short term goal over the long term, you build a habit of doing that... you value ideas over execution, and fail to follow through.


I've seen so many people get caught in this cycle, and while they may get lucky at some point for a short time, they end up starting over again in a cycle of stress and desperation. You end up working much harder in the long run and don't build up real assets and skills.

You'll have much better success following a long term strategy and applying it in a small area and/or niche, and building on that over the long term. It might appear harder in the short term, but it is actually a lot easier.

Eventually you know more about your niche and your method than most other people, and so it continues to work, and you build a habit of long term execution, rather than short term trend jumping.