[Success Story] Newbie Revisits 1 Year Later - Lessons Learned A long The Way

19 replies
Hello Warriors,

It's almost exactly 1 year since I found and registered at the Warrior forum. I was quite the newbie and hadn't earned a single dollar online. To this date I still haven't "worked" a single day. I'm enjoying the benefits of living life on my own terms and being able to travel the world - the last year I've lived or traveled in Asia, South America, USA, Europe and Scandinavia. It's been quite the journey and I've learned a lot about everything from business and marketing to languages and argentinian bife de chorizo.

The sole purpose of this post isn't to brag, but rather to inspire and share a few short lessons I've come to learn a long the way. My business focus is on the offline market, however i knew from the start that i still wanted to be mobile and flexible which lead me to structure the business in a different way than most people do. For me, this isn't so much about economic goals as it is about lifestyle goals. There's no point in earning a lot of money if you're still stuck in an office doing something you don't really like all day long, right?

1. Learn Sales - Sales is the heart of any business. If you're great at sales, you can literally get a well-payed job anywhere you want in the world, anytime. I know what you're thinking, "Yea, but my goal isn't to be a great salesperson, I'll be the one hiring them instead...". Neither is it my goal, however if you learn sales and the psychology behind it you will be so much more likely to get what you want, whether it's that blonde girl by the bar or some business partnership. When you think about it, a lot of the things we do is related to "selling", whether we think about it or not... meeting a new person at a party, job-interviews and so on.

2. The thing that you least want to do is often what needs to be done. Have you been dragging yourself around cringing to start cold calling? Do it. Thinking it might be good to go to a networking event but you're a bit scared, or you don't have a business card, or you dont have this or that? Just do it.

3. Have someone who can hold you accountable. Business partner, friend, mentor or whatever you choose. Have someone who will let you know when you don't follow through and do the things you said you would.

4. Stay consistent, and have laser beam focus. I think many of us entrepreneurs have this problem, we start working on something for a few weeks, even months, but then after a while it starts itching in that nerve, we found something new we want to try out. Learn to recognize it and stay focused on your goal. Another specific kind to this forum is what I call the "WSO-addicts", the name says it all (sorry WF-Gurus).

5. Ask yourself, is this worthy of my time? If it's something more important you could be working on (i.e working on growing your business vs. doing a web design project), you probably should. Of course when you're first starting out you might have to do it all by yourself, but pretty soon after your first profits starts coming in you will have the option to start delegating/automating. When I outsource something it's for either one of two reasons, profits or pain. The last one meaning it's something I really hate doing - however try to see the difference between "hate doing" and "outside your comfort zone". If it's the latter, it's most likely worth doing it.

6. Read the good-old books. The internet is amazing for learning new subjects, however don't forget about real books and even old books. It's where some of my "best learning" comes from.

If you want more specifics and details, I just did a blogpost on "how I did it". Click the first link in my signature to read it.

To all of the people who contribute valuable content to this forum - you know who you are, thank you and keep doing what you're doing. I will do my best to give back, if there's any questions for me don't hesitate to post below. Will do my best to give a good answer.

Cheers,
Carl
#learned #lessons #long #newbie #revisits #story #success #year
  • Profile picture of the author JCoffey
    Thank you for this post, Carl. I continuously relate to a lot of what you're saying in this thread, I keep stacking up different projects; and never get anything done that actually means something.

    Enjoyed the post.
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  • Profile picture of the author Greige
    Great post, thanks for the info. I spent some extra time reading your other blogs on your site. Cheers!
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  • Profile picture of the author nextgeneration
    Completely agreed with all your points especially 3 and 6. If you have nobody to hold you accountable then you will never get anywhere that person can be the landlord who you owe money or your wife and kids. As for your last point regarding the books, I actually have been checking some of those old, old books out of the library and there is some interesting stuff in them. (i use the library because they have a return policy that forces me to read them so i don't get fee'd)
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    • Profile picture of the author payoman
      Great post, but I'd love to hear a few more specifics about your business, such as :

      1. What has been the most 'efficient' lead generation you have used? Cold calling? Paid advertising? SEO?

      2. Do you do monthly services? If you do, what are the monthly costs VS profits of these services?

      3. Do you do just small business websites, or have you done larger sites for bigger companies?
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      • Profile picture of the author Carl Fridsjö
        Originally Posted by Greige View Post

        Great post, thanks for the info. I spent some extra time reading your other blogs on your site. Cheers!
        Thank you Greige, hope you enjoy the blog. I plan on continuously post a lot of good stuff on there.

        Originally Posted by nextgeneration View Post

        Completely agreed with all your points especially 3 and 6. If you have nobody to hold you accountable then you will never get anywhere that person can be the landlord who you owe money or your wife and kids. As for your last point regarding the books, I actually have been checking some of those old, old books out of the library and there is some interesting stuff in them. (i use the library because they have a return policy that forces me to read them so i don't get fee'd)
        That's a cool trick. I don't remember the number but I once heard what percentage of books that actually gets read and it was ridiculously low.

        Originally Posted by payoman View Post

        Great post, but I'd love to hear a few more specifics about your business, such as :

        1. What has been the most 'efficient' lead generation you have used? Cold calling? Paid advertising? SEO?

        2. Do you do monthly services? If you do, what are the monthly costs VS profits of these services?

        3. Do you do just small business websites, or have you done larger sites for bigger companies?
        Thank you Payoman.

        1. The most efficient lead generation for me have been Email marketing and cold calling. I have a system that automatically sends about 100 emails every weekday to targeted businesses. Brings us quite a lot of work every month for about 40 bucks and 5 minutes time

        About the cold calling there isn't much to say really. We have been working with a call center that book meetings for us but the quality haven't been great so we're looking into other options like in-house callers.

        2. The big majority of our revenue this year has been web design projects, just because it's a good foot in the door and also easily outsourced. We are however just about to launch, i guess you could call it a "upselling program". For the upsells there will be monthly services.

        We have done social media marketing, email marketing and SEO monthly. I did some other odd monthly project that brought us up to 6k/m but for different reasons we don't do that anymore. Our price for the "regular stuff" have been about 900/m, the cost is next to nothing because the monthly stuff me or my partner have mostly just done it ourselves since it hasn't been that much.

        3. Just small biz. Of course we would do bigger projects if the chance presented itself but we are targeting small businesses.

        Hope that answered your questions, any more just shoot me up, I'm happy to answer.
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        • Profile picture of the author agonce
          Originally Posted by Carl Fridsjö View Post

          1. The most efficient lead generation for me have been Email marketing and cold calling. I have a system that automatically sends about 100 emails every weekday to targeted businesses. Brings us quite a lot of work every month for about 40 bucks and 5 minutes time
          Hi Carl, great success story and advice!

          Can you share what type of businesses you're targeting and where are you finding them(ones that have no website)? Most of the businesses you can scrape online have their own website. Also, would you be able to share part/s of the e-mail you send out, or just bullet point what's important to include in a prospecting e-mail?

          I appreciate your time.
          Thanks,
          Agon
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  • Profile picture of the author mitchmelkonian
    Banned
    Thanks for sharing!!!
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  • Profile picture of the author Ninja Ana
    Awesome success story. Very inspiring.
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  • Profile picture of the author Jon Martin
    Well written and well formatted. NICE!

    #2 is definitely a game changer. This was a nice read - a lot of knowledge here and some key tips for a newbie like myself to pick up. Thanks for taking the time to post an organized and educational thread of this stature. Much appreciated by myself and surely many others.

    PS- Which countries did you end up checking out while in Europe? Which were your favorites? Just curious!
    Signature
    "Be the hero of your own movie."
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    • Profile picture of the author Carl Fridsjö
      Originally Posted by Alanis Morissette View Post

      Well written and well formatted. NICE!

      #2 is definitely a game changer. This was a nice read - a lot of knowledge here and some key tips for a newbie like myself to pick up. Thanks for taking the time to post an organized and educational thread of this stature. Much appreciated by myself and surely many others.

      PS- Which countries did you end up checking out while in Europe? Which were your favorites? Just curious!
      Thanks for your kind words Jon.

      I live close to Stockholm which is a beautiful city in the summer (june-aug), check it out if you get the chance. Famous for its beautiful and friendly women I'm not quite sure about my favorites, it depends on what kind of trip you want to go on. I did like Spain, Madrid. Crazy nightlife, nice food, nice people and so on.

      I am going on a small vacation sometime this week, haven't decided where yet.. maybe Ireland or Italy. Maybe I'll have a favorite for you then
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    • Profile picture of the author Carl Fridsjö
      Originally Posted by Jon Martin View Post

      PS- Which countries did you end up checking out while in Europe? Which were your favorites? Just curious!
      Just got back from Amsterdam & Berlin. I really liked Berlin, nice city and very cheap. Me and a friend lived in a 4.5star design-hotel for about 50 bucks a night per person.

      I were only there for a couple of days but I'll def. go back to berlin sometime. A lot of cool and friendly people. Nightlife is obviously pretty sick as well. I might be wrong but I think they also got a pretty big start-up/entrepreneur community going on which is pretty cool too.

      It's one of those places I'd probably go to live & work for 2 months or so.
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  • Profile picture of the author Robert Grossman
    Hi Carl,

    That is a fabulous post. Thanks for sharing some of what you've learned along the way.

    Your second point really resonates with me - isn't that the truth? We most avoid doing whatever it is we really, really should be doing.

    Good luck to you in your second year!
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  • Profile picture of the author moinqg007
    Book Espana offers travel packages and give advise about things to do in Madrid, such as
    bullfighting, flamenco and wine tasting.
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  • Profile picture of the author Ashwin83
    Hej Carl, Hur ar det?
    Inspiring post! That is my dream lifestyle too. I am psyched to see a warrior live it!

    Your right about being good at sales. So much of life is about selling. I've noticed the correlation between (what it takes) to be good at sales and to be good with women, too. haha. It takes stepping out of your comfort zone for both.
    Props to you for becoming successful right out of high school. I wish I did it but I wasn't so "matrix aware" back then.
    I did have a question for you, how much time a week do you spend running your 5 figure business?
    takk!
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    • Profile picture of the author Carl Fridsjö
      Originally Posted by Ashwin83 View Post

      Hej Carl, Hur ar det?
      Inspiring post! That is my dream lifestyle too. I am psyched to see a warrior live it!

      Your right about being good at sales. So much of life is about selling. I've noticed the correlation between (what it takes) to be good at sales and to be good with women, too. haha. It takes stepping out of your comfort zone for both.
      Props to you for becoming successful right out of high school. I wish I did it but I wasn't so "matrix aware" back then.
      I did have a question for you, how much time a week do you spend running your 5 figure business?
      takk!
      Thanks man. "matrix aware" haha, think I'll borrow that expression sometime

      How much time I spend.. it varies a lot. Some weeks I do 16 hour days, some weeks I just turn my cell off and travel or something else. I'd say I probably average the same 40 hour weeks as everyone else.

      The difference is that I'm very flexible and I don't work because I must but rather because I want to. And of course I can work in my underwear... But there's no getting around it, starting a business is hard work. Anyone who try to sell you something else is full of sh*t.

      But it's also extremely rewarding. it's worth it, but you probably already figured that one out since you're here!
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  • Profile picture of the author Carl Fridsjö
    Originally Posted by Robert Grossman View Post

    Hi Carl,

    That is a fabulous post. Thanks for sharing some of what you've learned along the way.

    Your second point really resonates with me - isn't that the truth? We most avoid doing whatever it is we really, really should be doing.

    Good luck to you in your second year!
    Thank you Robert, same to you!

    Originally Posted by Marcinao View Post

    "My business focus is on the offline market, however i knew from the start that i still wanted to be mobile and flexible which lead me to structure the business in a different way than most people do. For me, this isn't so much about economic goals as it is about lifestyle goals. There's no point in earning a lot of money if you're still stuck in an office doing something you don't really like all day long, right?"

    Can you write more about this? I'm involved a little in offline market, but my true passion are 100% online businesses because of the aspects you mentioned. It'd be great to see how you structured your business, especially that you're not from US/UK/AU.
    So how did you set everything up, how much and where do you outsource, etc.?
    Well, if you got a internet connection you also got yourself a phone. The only thing you need to eliminate then is face to face. Even if I'm in my hometown I don't do a lot of face to face.

    This means either one of two things:
    1. You eliminate face to face entirely and only sell & work with phone, email and other tools.
    2. You get someone else to take the meetings for you.

    Either one works, we mostly do option number one but occasionally one of my colleagues/outsourcers will go to a meeting. You just have to present yourself in a slightly different way to get the prospect to understand that a meeting isn't necessary.

    It's not that hard, most of the time clients won't even mention anything about meeting.

    I might write more about this in my newsletter if people would find that interesting. Let me know!
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    • Profile picture of the author Ashwin83
      Originally Posted by Carl Fridsjö View Post

      Either one works, we mostly do option number one but occasionally one of my colleagues/outsourcers will go to a meeting. You just have to present yourself in a slightly different way to get the prospect to understand that a meeting isn't necessary.

      It's not that hard, most of the time clients won't even mention anything about meeting.

      I might write more about this in my newsletter if people would find that interesting. Let me know!
      Hey Carl, I would be interested to know this different angle of presenting yourself to your clients. I am already on your newsletter. thanks!
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  • Profile picture of the author Carl Fridsjö
    Thanks for your comments guys. Seems like a lot of people are interested in the emailing-system. I'll get back and write more about this, I'm super busy at the moment, planning and implementing an expansion to the US. I won't forget about this though.
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