What Is Holding You Back From Becoming A $6 Figure Earner?

I agree with you. I get overwhelmed with all the info. I always wish I could get the absolute best info on any given topic, without having to sort through all the mediocre.

Which way do you learn better? Audio, videos or are you a reader?

Lol I'm with you on that, I also want to be able to do such stuff myself before even thinking about outsourcing it. I had contact with people that offer the complete funnel including product creation for $5k,- but what do they know about my niche. I bet the end product would suck or be as basic as it can be.

Actually what are we talking about here? 6 figures a year or month?

Yes you said it, you have named your biggest handicap. Jim Cockrum always says, people with skills work for people with ideas. If you spend months or years perfecting web site and funnel making skills, you'll probably be so broke and dissillusioned you'll quit. You need to outsource to people who can do a far better job than you in 1/10 the time at little cost. Outsource. But where?
You need replacemyself.com

@art72 funny that you mention that, because I talk about this ideal of being a Superman
How To Manage Your Business & Not Be a Superman

Totally understandable, now it's time to clone yourself.

Agreed! I could have started 10 different things in the time I've spent analyzing, studying and planning, and (I believe) would have learned far more from the outcome, even if failures, of spending time on all the preliminary distractions.

Trying to learn from that mistake.
More: Doing;
Less: Anything else!

Was referring to $100,000K plus not $6. Sorry for the confusion.

Lol!!! That is too funny.....

That's too funny... I've been using the quote; "Burn the ships, and take the island" as my main motivation all month. My 43 birthday is tomorrow. I am still working full-time, and building online full-time, so basically working 70-80+ hours every week, and getting burned out fast!

I had planned on making a decision to quit my job by today (April 22nd...) but unfortunately, logic and reality has delayed that decision, as I am not making enough online to replace my current pay. I have imagined; "What if" I did quit right now?" - "Would having my back against the wall force me to pursue my success online with more vigor?"

- I sincerely believe it would, and have considered doing just that on multiple occasions!

Then... the little voice in ones head kicks in... (the excuses... second guessing... FEAR!)

Since I have other people relying on my income to meet the demands, and due to deadlines and commitments, I momentarily cannot "Burn the ships, and take the island" - unless, I am willing to risk my 23 year marriage... (which I've also considered a few times, lol.)

At age 18, I set a goal to be financially comfortable (*semi-retired) by age 45.

I knew early on, there's was no way in hell; I wanted to spend my entire life working for others, or to be forced to work until I was too old to still do and enjoy the things on my bucket list. *It was never about money...just freedom, and unfortunately, freedom costs money.

In short, every goal I set out to conquer in my younger days as a swimming pool sub-contractor was achieved quickly, despite EVERYONE telling me I was crazy, and my goals were impossible!

I had actually made (lost & spent) over $2.25M in the pool industry (from age 19 - age 35) over a 16 year span, nothing ever came easy or free, but not a bad income for a high school drop-out nonetheless.

Then, in 2005 I lost everything. Having worked my arse off for the better part of 20 years and averaging a $100k per year with no formal education, or degrees, the economy took a nose dive... and I went down with the ship.

The housing crash wiped me out, and for almost 10 years now, has left me searching for a "business model" that was not reliant on my geo location, changes in the economy, or my fading physical abilities.

That search is exactly, what lead me here, about 5 years ago.

While, I may not take down millions in the next 24 months online, it would be nice to know, I can work part-time from a laptop anywhere in the world, make a decent (easy) living, and still be semi-retired by 45... worth every bit of 5 years I have invested in studying all things IM.

Truth is, I really don't give a flyin "F" about the money... I just want my freedom... to be able to wake up when I want, travel where I want, and not be restricted by the typical enslavement a typical job (or even small business generally) demands... makes IMing the perfect solution!

Especially, when most jobs today pay far less then I am used to earning for my many skill sets, and trade skilled jobs today barely pay enough to survive, let alone afford an 'actual' living.

I'm definitely, sticking with IMing, I don't think there's a better solution to meet my goals, or to help others escape the 'time-clock' mindset.

Aside from dying, I've yet to find anything that holds as much promise to experiencing 'actual' freedom. Faking it in a cubicle, office job, or even making $100k strapped into a business that demands 80+ hours per week (as I experienced for years) certainly "IS NOT" something I would recommend others should be deceived to believe is a path to "FREEDOM" - it's a lie, been there, done it.

Now, even reaching my $50k a year goal on a laptop has yet to happen... but, I'm inclined to believe 24 months from now... I'm never looking back, and I damn sure won't be hearing no alarm clocks buzzing at 5am!!!

That's the most helpful and meaningful answer to that question, I've heard.

I've read that it's 'desire', or 'passion', or some other motivation, but the fundamental motivation is "need." Need makes people passionate, desirous, and otherwise willing to fight, or die trying. Most people (98%) just don't "need" it bad enough. Sure they 'want' it, but need? Nah.

Great answer! Made my day.

It sounds like you've read a book or two. (Think and Grow Rich?)

Since I'm new to internet marketing and the Forum, I just wanted to thank you for the post as it has reminded me to give it my all and constantly evaluate my WANTS and NEEDS.

"Those who make it are those who fight and overcome obstacles."

Having been a 6 figure earner both in my offline career and now online I think it comes down to 3 things.

- skills
- motivation
- effort

Skills are probably the biggest things Internet marketers lack in their quest to be a 6 figure earner. If you are truly motivated and willing to work hard developing the right skill set can make or break you.

I definitely think some how along the way we lost touch with that industrious hard work ethic and providing superior quality in favor for always trying to find the easy button.

No. Definitely not true at all. Not even a little.

Most who make 6 figures and more online never made much at all offline.

Plenty of testimonials from gurus and non-gurus about this. You may want to believe it, but it's just not true, period.

And for countries where 60K USD is not even a remote possibility, yet myself and others make much more than that online.

Trust me, what this guy said is the absolute truth! There's absolutely no two ways about it...

Interesting! Could you elaborate a little(A lot of fake guides)?
Do you mean information or teachers or both?
Thanks

Quite simply people have no clue where to begin or how to go about it. There are necessary skills you need to make that happen and those take time to develop. People are impatient and for whatever reason they think because it is the internet making 6 figures should happen overnight. I have a sales career offline where I make 6 figures, but that did not happen until my 3rd year of busting my rear and acquiring the necessary skills.

Excellent point! Thanks

I think that's part of people's problem with earning great money...they want to hold out and find that one amazing home run idea that changes everything. And most of us simply won't find it...or if we do, we won't have the resources to capitalize on it.

So forget about earning $8,333 a month for a moment.

Can you build an affiliate site that can earn $833 a month? Or what about just $83 a month? That seems a lot more possible, right?

So if you want to earn $100k a year, you need ten sites that earn $833 a month or a hundred that earn $83 a month. And the best news of all is that you don't have to build all of them today- just get one. Take that one small idea and try to make $10k off it this year, and simply rinse and repeat with nine other sites over the next several years.

I know it sounds difficult but honestly, it just takes working like mad for 3-5 years and you can be at the $100k mark. And I'm not there myself from building my own sites, which is something I seriously regret. I wish someone had told me what I just told you 5-10 years ago.

WOW. This is the sharpest comment I have read in this post... This is the Factual key for us newbies not reaching 6 figs. But can we drive IM outside of the big G? or can we start a new business over a new loophole?

any way we want to start there is always a Wall that stops the strategy. Thtat´s why I started focusing my interests in email and video, also been trying amazon... maybe I can focus on things I really know and blow a NANOniche...

I´ll try to figure out if I can work on a niche that is so tiny I can only fit Myself...

I say for most people its lack of motivation combined with a shiny object syndrome and not taking the proper action. Also agree that a good mentor is sometimes needed...It also seems that the only time people take action is when there is no other option but to do so...for ex. if someones back is against the wall and they have not one dime to spend and bills have to be paid and kids have to be fed...only option is to take action...Remember if your making progress your one step closer to becoming successful, your not going to go from zero to 6 figures in a day(very rare), but if you can make $1 today and then $2 the next day and then $3 then your in the green

I second that. A great mentor with a solid game plan is the way to go.

So many products popping up every minute does may it hard to stay focused. Some marketers have a way of making you feel inferior if you don't have the latest ("Google Slap Yo Mama In The Face") gadget.

Great point! Maybe the key here is to organize all the information you currently have and systematically apply it to your business.

I do think that luck has SOME to do with it (but not as much as people think). I like to think of the quote "Success happens when preparation meets opportunity" (or something like that )

What does this have to do with the discussion?

Yes it is definitely possible. Looking at the comments that some people have posted will tell you the principles to get started. You always have to start off with the principles and foundation to succeed in anything.

I'm pretty sure it's my resistance to outsourcing certain things in my business. I feel my ability is superior to most VA's or assistants, so I cling to doing the tedious tasks myself.

Friends do the same thing I do and make 5 figures monthly, but they have one or more hired helpers to do the work. I'm certain this is what holds me back but it's getting over that mental blockade that I'm helping my business rather than hindering it by taking in employees.

There's also the dread of training these people proficiently enough to profit from hiring them *sigh* lol This is something I'll have to do soon enough, but for now I'm shouldering all the work.

I think you make a great point, there is an answer to just about any question we can run across today. If not here in Warrior Forum, there are plenty of other authoritative blogs, journals, etc where we can get answers when we need them, not 6 months before we launch something.

Gurus and courses are OK for a period, but the time definitely comes to just launch and ship something. I've got a hard drive filled with stuff that looked interesting (and maybe it was great) but I should have put that money into my site, product, service, etc and not into more training I didn't need.

(emphasis mine) I think that was one of my major mistakes my first time around, spending the money as fast as I earned it. No surprise that I crashed and burned, despite grossing six figures.

Now my goals are more along the lines of earning six figures but living four figures. That's probably too extreme for most people, but you might want to at least think about touching on money management, savings, investing, and so on. Too many people, myself included, have been guilty of thinking and acting like lottery winners, and lose everything.