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

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With product launch after product launch and info products launching every day if not every five minutes, many of you have tons of products sitting right on your hard drive.

Some of you have also taken a big leap - which is definitely commendable, seeing how some people do nothing, to go as far as attending high priced seminars and bought big ticket information products, building up more and more debt on your credit card or having your spouse or significant other give a very cold stare that screams, What in the hell are you doing? or Don't you think it's time for you to get a real job?

Obviously all the information we need is abundant and plentiful.

So, my question is What is holding you back from becoming a $6 Figure Earner?
#back #earner #figure #holding #six figure
  • Profile picture of the author jfrombk
    Originally Posted by AskShawn View Post

    With product launch after product launch and info products launching every day if not every five minutes, many of you have tons of products sitting right on your hard drive.

    Some of you have also taken a big leap - which is definitely commendable, seeing how some people do nothing, to go as far as attending high priced seminars and bought big ticket information products, building up more and more debt on your credit card or having your spouse or significant other give a very cold stare that screams, What in the hell are you doing? or Don't you think it's time for you to get a real job?

    Obviously all the information we need is abundant and plentiful.

    So, my question is What is holding you back from becoming a $6 Figure Earner?
    A great question. Probably too much information out there and the fact that it is sometimes hard to just focus on one. A good mentor is needed as well.
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    • Profile picture of the author dog8food
      Originally Posted by jfrombk View Post

      A great question. Probably too much information out there and the fact that it is sometimes hard to just focus on one. A good mentor is needed as well.
      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.
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    • Profile picture of the author AskShawn
      Originally Posted by jfrombk View Post

      A great question. Probably too much information out there and the fact that it is sometimes hard to just focus on one. A good mentor is needed as well.
      Which way do you learn better? Audio, videos or are you a reader?
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  • Profile picture of the author art72
    Damn good question. I honestly think the main reason I'm not pulling down 6-figures online, is not because I lack the knowledge, but rather... second guessing too much, and spending too much time being a perfectionist.

    While I realize my really only handicap is trying to learn all the technical aspects like quality web design, setting up proper access permissions, and download deliveries... I sincerely believe; once I overcome a few more technical related challenges...the rest will be a cake walk.

    Ironically, I started this adventure to pursue my writing passions. Yet, I spend 90% of my time trying to assemble the sales-funnels, web design, autoresponder optins, etc...

    Yep, I probably have enough product on my hard-drive to make 7-figures right now, if I could just get past the designing 'tech' issues. I refuse to outsource, until I know with confidence, I can build an entire sales-funnel from scratch.

    So, to answer the question honestly... I am a stubborn, hard-headed egotistical entrepreneur who just has to learn it all, and do it myself, before I'll hire someone or outsource anything... prob, my biggest handicap.
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    • Profile picture of the author wedreamseo
      Banned
      Originally Posted by art72 View Post

      Yep, I probably have enough product on my hard-drive to make 7-figures right now, if I could just get past the designing 'tech' issues. I refuse to outsource, until I know with confidence, I can build an entire sales-funnel from scratch.

      So, to answer the question honestly... I am a stubborn, hard-headed egotistical entrepreneur who just has to learn it all, and do it myself, before I'll hire someone or outsource anything... prob, my biggest handicap.
      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?
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    • Profile picture of the author jaspodeman
      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
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    • Profile picture of the author DavidScarpitta
      @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.
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    • Profile picture of the author fly4fun
      Originally Posted by art72 View Post

      Damn good question. I honestly think the main reason I'm not pulling down 6-figures online, is not because I lack the knowledge, but rather... second guessing too much, and spending too much time being a perfectionist.
      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!
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  • Profile picture of the author David Beroff
    Personally, $6 seems like too low of a goal to me, but I guess there are still places where six dollars seems unachievable.
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    • Profile picture of the author AskShawn
      Originally Posted by David Beroff View Post

      Personally, $6 seems like too low of a goal to me, but I guess there are still places where six dollars seems unachievable.
      Was referring to $100,000K plus not $6. Sorry for the confusion.
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    • Profile picture of the author Tony_Brayley
      Originally Posted by David Beroff View Post

      Personally, $6 seems like too low of a goal to me, but I guess there are still places where six dollars seems unachievable.
      Lol!!! That is too funny.....
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      • Profile picture of the author Tony_Brayley
        I had a very brief discussion with Dennis Becker, about something very similar. He made a point about my real estate career. I do okay for myself selling real estate. His thought is this: If I my real estate biz wasn't doing well, and therefore I was hungrier, it may propel me to take the IM business more seriously. I think he's right.

        This was a discussion I had with Dennis a few weeks ago. It's funny, though. If I was desperate, my thinking may not be so clear, and may cause me to make bad choices. You know, like chasing the fast cash, and perhaps not offering true value to customers.

        Some essential ingredients are mindset, time-management skills, knowledge, some CA$H, and a burning desire to succeed.

        I also think a lot of people don't realize that the truly successful marketers run an IM business. Many of the aspiring marketers don't treat IM with the respect it deserves. It's a business, not a hobby.

        I have my own real estate biz, I also used to own a bar. There was a significant investment required from me, in order to have that bar. Hundreds of thousands of dollars. So, when I read that people are trying to start an IM business, but don't want to invest any of their money....I shake my head. Not saying it can't be done, but on any meaningful level, there will be the requirement of a cash investment. For basics, like an autoresponder, webhosting, advertising, outsourcers, mentorship etc.

        Think like a business-person, and success will follow.

        Just my 2 cents...
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  • Profile picture of the author ContentPro22
    Because most people only WANT success...they won't NEED it. There's a huge difference. When the famous Hernán Cortés made the decision to "burn the boats", his men fought harder and eventually won (despite being heavily outnumbered). It's because they had NO choice...succeed or die. Let it sound hardcore, but I treat internet marketing the same way. I only make a little over six-figures a year now, which is fine since I only live with my girlfriend, but I can guarantee that as soon as I have my first daughter or son, I'll break past this limiting belief that I currently have...because again, my WANTS have transformed into NEEDS (college funds, etc.).
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    • Profile picture of the author art72
      Originally Posted by ContentPro22 View Post

      When the famous Hernán Cortés made the decision to "burn the boats", his men fought harder and eventually won (despite being heavily outnumbered). It's because they had NO choice...succeed or die.
      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!!!
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      • Profile picture of the author AskShawn
        My 43 birthday is tomorrow.
        Happy Birthday@ art72 and wishing you the best. Since you're working 70-80+ hours every week hopefully you get to go in relax and chill mode today. You definitely deserve it
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        • Profile picture of the author Devilfish168
          I feel is " not a constant income "

          unlike wage worker where by most people are..
          every month wait for pay day come. Confirm you will have this xxx amount come in every month.

          for IM , I view like open a shop selling things

          some days no business even week! some days earn like madness
          some months earning drop some months don't have any earnings etc

          next IM also a fav place for scammers ....
          a lot been scam into buying programs which never earn but the seller is the only person getting all the profits out of it which give false promise to buyers..
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    • Profile picture of the author Sub2MD
      Originally Posted by ContentPro22 View Post

      Because most people only WANT success...they won't NEED it. There's a huge difference. When the famous Hernán Cortés made the decision to "burn the boats", his men fought harder and eventually won (despite being heavily outnumbered). It's because they had NO choice...succeed or die. Let it sound hardcore, but I treat internet marketing the same way. I only make a little over six-figures a year now, which is fine since I only live with my girlfriend, but I can guarantee that as soon as I have my first daughter or son, I'll break past this limiting belief that I currently have...because again, my WANTS have transformed into NEEDS (college funds, etc.).
      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.
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    • Profile picture of the author Kickass Code
      Originally Posted by ContentPro22 View Post

      When the famous Hernán Cortés made the decision to "burn the boats", his men fought harder and eventually won (despite being heavily outnumbered). It's because they had NO choice..succeed or die...... WANTS have transformed into NEEDS (college funds, etc.).
      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.
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  • Profile picture of the author GelidMind
    The only thing holding anyone back from becoming a 6 figure earner is themselves. It shouldn't be a matter of if, but when.

    If you are someone getting started with IM you have to remain consistent with whatever route you choose to go with online business.

    For some it takes longer than others, but those who make it are those who fight and overcome obstacles. Yes there is tons of information on the web.

    The issue comes in with making it all make sense. That's what this forum is for and other resources on the net.

    Hang in there and keep pushing, keep learning, and keep growing.
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    • Profile picture of the author AskShawn
      Originally Posted by GelidMind View Post

      The only thing holding anyone back from becoming a 6 figure earner is themselves. It shouldn't be a matter of if, but when.

      If you are someone getting started with IM you have to remain consistent with whatever route you choose to go with online business.

      For some it takes longer than others, but those who make it are those who fight and overcome obstacles. Yes there is tons of information on the web.

      The issue comes in with making it all make sense. That's what this forum is for and other resources on the net.

      Hang in there and keep pushing, keep learning, and keep growing.
      "Those who make it are those who fight and overcome obstacles."
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  • Profile picture of the author Richard Weberg
    The best route in my opinion to a consistent 6 figure income online, is to focus on selling products or services that are highly consumable..And you get paid a monthly commissions on, making sure to choose companies that do not just pay you a one time.

    autoresponders
    webhosting
    Content
    Tracking services
    Good lead capture builders
    Traffic
    etc

    These are some of the things that every marketer and online business needs every day, 365 days a year.

    Example: I have been paying for webhosting and my autoresponder for over 10 years. Someone has collected commissions off of me for ten years without doing any additional work or support. I need these things to do business online...

    Making commissions over and over again without any additional effort is very nice

    I own membership sites and my own products, and I would much rather go back to just being an affiliate selling for other companies, then doing support and having to constantly create stuff...This will drain you, and alter your focus. It is much easier and faster in my opinion to earn 6 figures online being an affiliate and truly live the dot com lifestyle.

    I never wanted another full time job...
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  • Profile picture of the author kk075
    Here are some of the things I've picked up over the years to keep me on the right track.

    - Reach out to those closest to you and tell them your goals. While it's great to fantasize about making big money, it will only happen if you're doing something to make that happen every single day. So use your friends and family to push you hard.

    - Likewise, become friends with others in Internet Marketing and share your experiences and ideas. You need people that you can turn to and ask specific questions, so find those people and treat them well.

    - To be successful in anything, you have to be a passionate learner. If you want to build brick houses, for example, then you should be tuned into all the channels where the best bricklayers in the world share info. Never assume that you're an expert and there's nothing left to learn; that ultimately makes you the fool.

    - Learn the value of time...and how much you can accomplish in one day if you really put your head down and go all-in on something. Watch less TV. Delete those dumb games from your smartphone. Stop hanging out with friends every night or taking trips once a month because you have a little bit of money in the bank. That's a poor man's philosophy and guarantees that you'll never reach your potential. I'm not saying not to have fun, but you have to put your success first and save the goofing off for just every now and then.

    - Talk about goals often and keep them fresh in your mind. Write them down on paper and tape them on your bathroom mirror and the fridge. Stay focused on your goals and envision exactly what it will take to make them happen....and then go fill in the blanks wherever you don't have the answers.

    - Finally, stop confusing money with success and happiness- the three things have absolutely nothing in common. So don't set your ultimate goal to "make $100k". Instead, get specific and focus on long-term success and your plans to make it happen. The money is a result of meeting that goal, not the goal itself.
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    • Profile picture of the author Jeff Schuman
      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.
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      • Profile picture of the author AskShawn
        Originally Posted by Jeff Schuman View Post

        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.
        What specific skills do you recommend are the most important?
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  • Profile picture of the author wolfmmiii
    My family, quite simply. I already earn 6 figures as an IT consultant and 5 figures part time online. However, with 5 kids and a wife to support, job security is more important to me than growing a business.

    In 4 years, when my youngest turns 18 and most of the others are out of the house, I may give IM a full-time go. For now, I'll take the full time job and benefits of those to support the family and use IM as walking around money and to pay down debts.
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  • Profile picture of the author MarcoYandun
    The problem I see is that people only want quick rich schemes. I've seen many people (I chose a couple of them to become my mentors) which are making 6 figures or even more, but ALL of those people do work hard and I think at the beginning the even worked harder. If you have a full time job as well you will have to work hard. Not much difference between working for others or having your own business: in both cases you have to work hard, but having your own business you have more control of your time. I always remember the old saying: "Current big corporations once upon a time they were a small business whose owners knew how to do things well"
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    • Profile picture of the author AskShawn
      Originally Posted by MarcoYandun View Post

      I always remember the old saying: "Current big corporations once upon a time they were a small business whose owners knew how to do things well"
      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.
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      • Profile picture of the author ben500
        Originally Posted by AskShawn View Post

        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.
        Very true.

        Though the cynic feels in me like an ebook or similar might be appearing on this thread very soon......
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        • Profile picture of the author AskShawn
          Originally Posted by ben500 View Post

          Very true.

          Though the cynic feels in me like an ebook or similar might be appearing on this thread very soon......
          I think we can all learn from your expertise and wisdom.
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      • Profile picture of the author Leatherman
        Originally Posted by AskShawn View Post

        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.
        The ability too choose makes us humans unique, most likely in the entire universe! No need to give up the choice of freedom and independence for some cash. If you like 6k figures - well that:s your choice and may be well chosen, but setting up cash figures and hard works as professional goals, that is not working out for myself on the long run. Just my 2 cents - I like your thread,
        regards
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  • Profile picture of the author Path Theory
    I think it comes down to a few different factors. Motivation, skills, direction and connections.

    I can directly point to those four things as being responsible for my success.

    Motivation - I got into trouble out of high school, despite going to college and holding down decent jobs (below 40k a year). My wife got pregnant with our first child and I knew I had to do something to really change our lives. I don't think most people doing IM have that type of motivation. There's not many things that are stronger than a parental ambition.

    Skills - This one is obvious. A lot of it comes natural, but they can be learned if you work hard for it. Creativity cannot be learned though, and that's one of the largest factors.

    Direction - I was extremely lucky in this regard. My brother was already a 6 figure earner by the time I stepped in. He gave me the direction I needed, but I had to put in all the work myself. He let me know what I needed to research, and what skills I needed to learn. I think a lot of people on here have zero direction. Like others have said, there is so much information it's nearly impossible to tell where to start. A lot of the information on this forum is harmful for newcomers, and downright wrong at times. It's filled with half truths and hardly ever a whole story/picture.

    Connections - You can be successful without good connections, but you will always make some on the way. Use these to further your success and brainstorm ideas. For instance, I had someone PM me the other day. He had a few questions about fb advertising and account building. He builds 5 or so new accounts a day (hes a pretty successful affiliate marketer). I could tell he was a good guy, and a good connection to have. I gave him my quick step by step process to bypass the phone verification on new fb accounts. Doing so saves him from having to purchase 5 new sim cards everyday, plus countless hours messing with it. We have a solid relationship now, and he's helping me to monetize my old subscriber list because I don't have time for it.
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  • Profile picture of the author hbennick
    I hate to sound fatalistic, but 6 figure people are always 6 figure people. If you never made more than $60k.year offline, don't expect to make $250k online. The people who are smart and work hard will be successful in almost any venture. People who are not so bright or not so driven will not be successful, ever.
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    • Profile picture of the author Joan Altz
      Originally Posted by hbennick View Post

      I hate to sound fatalistic, but 6 figure people are always 6 figure people. If you never made more than $60k.year offline, don't expect to make $250k online. The people who are smart and work hard will be successful in almost any venture. People who are not so bright or not so driven will not be successful, ever.
      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.
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      • Profile picture of the author RafaelThaGreat
        I completely agree with you, his point isn't valid.

        I know people who made over $600K online and never had a real job offline besides in high school.
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    • Profile picture of the author YourBizAid
      Banned
      Originally Posted by hbennick View Post

      I hate to sound fatalistic, but 6 figure people are always 6 figure people. If you never made more than $60k.year offline, don't expect to make $250k online. The people who are smart and work hard will be successful in almost any venture. People who are not so bright or not so driven will not be successful, ever.
      Trust me, what this guy said is the absolute truth! There's absolutely no two ways about it...
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  • Profile picture of the author microscopes
    If they knew the answer to that question, they would be 6 figure earners...
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  • Profile picture of the author techforce
    A lot of fake guides that cause confusion especially to the beginners in this field is a key point in answering your question
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    • Profile picture of the author AskShawn
      Originally Posted by techforce View Post

      A lot of fake guides that cause confusion especially to the beginners in this field is a key point in answering your question
      Interesting! Could you elaborate a little(A lot of fake guides)?
      Do you mean information or teachers or both?
      Thanks
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      • Profile picture of the author techforce
        Originally Posted by AskShawn View Post

        Interesting! Could you elaborate a little(A lot of fake guides)?
        Do you mean information or teachers or both?
        Thanks
        I think fake teachers will produce fake information especially when it comes to the proof of the results
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    • Profile picture of the author kkummerer
      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.
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  • It's not usually about the content itself.

    It's mostly about the delivery of content and the..

    Implementation/Execution < This is the most important
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  • Profile picture of the author Steve B
    Originally Posted by AskShawn View Post

    Obviously all the information we need is abundant and plentiful.
    If information was all that was needed (it's "abundant and plentiful") earning six figures a year would be within nearly everyone's reach.

    But creating a profitable and consistent business that nets, at a minimum, $8,333/month on average . . . is not an easy task.

    Anyone can write a book . . . all the tools and knowledge about how to do it are freely available online to anyone. But how many have the skill to write a book that sells $100,000 worth per year consistently?

    Information alone is not the answer. Every business needs a
    • profitable niche
    • paying customers
    • products/services that people will buy
    • a trusted and safe mechanism for consummating financial transactions
    • traffic (a way to promote the products and services)
    • trust (on the part of the prospect)
    • additional income streams for those customers that buy the first or main product
    All you have to do is get one of these things wrong and it could stop you from making six figures a year.

    So when you say "What's holding you back?" it could be one or several things that are missing from your business.

    Sadly, most marketers give up before they even have everything needed in place. They have been victims of the "Internet business is a cinch" cry of all the scammers and con artists.

    Steve
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    • Profile picture of the author AskShawn
      Originally Posted by Steve B View Post

      If information was all that was needed (it's "abundant and plentiful") earning six figures a year would be within nearly everyone's reach.

      But creating a profitable and consistent business that nets, at a minimum, $8,333/month on average . . . is not an easy task.

      Anyone can write a book . . . all the tools and knowledge about how to do it are freely available online to anyone. But how many have the skill to write a book that sells $100,000 worth per year consistently?

      Information alone is not the answer. Every business needs a
      • profitable niche
      • paying customers
      • products/services that people will buy
      • a trusted and safe mechanism for consummating financial transactions
      • traffic (a way to promote the products and services)
      • trust (on the part of the prospect)
      • additional income streams for those customers that buy the first or main product
      All you have to do is get one of these things wrong and it could stop you from making six figures a year.

      So when you say "What's holding you back?" it could be one or several things that are missing from your business.

      Sadly, most marketers give up before they even have everything needed in place. They have been victims of the "Internet business is a cinch" cry of all the scammers and con artists.

      Steve
      Excellent point! Thanks
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    • Profile picture of the author kk075
      Originally Posted by Steve B View Post

      If information was all that was needed (it's "abundant and plentiful") earning six figures a year would be within nearly everyone's reach.

      But creating a profitable and consistent business that nets, at a minimum, $8,333/month on average . . . is not an easy task.
      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.
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      • Profile picture of the author Phil Essex
        QUOTED 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. END QUOTE
        ]
        This was good advice - you have to do the math - figure it out like this. A workable plan is far better than a single big score. By breaking things down you can find a way to approach it that is workable.
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  • Profile picture of the author Rory Singh
    I am not making 6 figures yet but I am on my way there.

    What held me back for years was relying on a 'mindset' that didn't support me.

    Here is the meaning of mindset taken word for word from wikipedia:

    In decision theory and general systems theory, a mindset is a set of assumptions, methods, or notations held by one or more people or groups of people that is so established that it creates a powerful incentive within these people or groups to continue to adopt or accept prior behaviors, choices, or tools .[citation needed] This phenomenon is also sometimes described as mental inertia, "group think", or a "paradigm", and it is often difficult to counteract its effects upon analysis and decision making processes. Here is the direct link to this

    I had negative beliefs regarding money, the MMO industry, people getting started then quitting before they got any results ETC.

    I had to release these limiting beliefs that were holding me back (and I still have more to work on).

    I had issues about people paying me to 'join' me Online and then most of them quitting based on their 'own' mindset and decisions.

    In this industry, people get started everyday and they quit every day. I had to make peace with that.

    As marketers, the best we can do is try to help the one's who are 'willing'. There is nothing we can do with everyone else.

    I have not removed all my mental 'blocks' but I have removed many.

    The good news is I am on my way to 6 figures.
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  • Profile picture of the author Brent Stangel
    What Is Holding You Back From Becoming A $6 Figure Earner?
    For the average newbie - no business knowledge, experience or acumen.
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  • Profile picture of the author CoolAmp
    Originally Posted by AskShawn View Post


    So, my question is What is holding you back from becoming a $6 Figure Earner?
    muthafukkin' google. every time i come up with a good way to cheat they always say [whiny voice] "you cant do that. that's against the rules." [/whiny voice]
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    • Profile picture of the author ococco
      Originally Posted by CoolAmp View Post

      muthafukkin' google. every time i come up with a good way to cheat they always say [whiny voice] "you cant do that. that's against the rules." [/whiny voice]

      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...
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  • Profile picture of the author Phil Essex
    I guess the big question is why do you want six figures - it never works just saying I would like to have it - It's like a construction worker saying he wants to build a bridge - but really does he have the drive and will and the skill to do it?

    Not to mention the incredible amount of time involved to actually find someone to teach them. Everyone online wants to be self-employed but its kinda like saying you want to be an Olympian without training. It can be done but not easily or quickly.

    I think what holds most people back is really just no proper approach, no systematic plan, no business plan, no training and not realizing online marketing is work - maybe good work compared to ditch digging but still work.

    To reach those kind of goals you have to go through hell a bit - but it's like Winston Churchill said - If your going through hell - keep going...
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    • Profile picture of the author getmoney015
      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
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  • Profile picture of the author erikastanley
    Information overload. Sometimes when I get tons of information, I will be confused and don't know which one I should try. Then these information just keep piled up without even being read at all
    Procrastination as well maybe.
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  • Profile picture of the author mark healy
    I think the biggest thing is mindset and too much learning and not enough action backed up with a well defined and proven game plan. Having a mentor to guide you along your journey is crucial and I think too many people get caught up in current events, current fades and shiny objects that they lose focus.


    If you believe its possible it will happen for you provided you get the correct advice along the way.
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    • Profile picture of the author dhiraj192
      Originally Posted by mark healy View Post

      If you believe its possible it will happen for you provided you get the correct advice along the way.
      I second that. A great mentor with a solid game plan is the way to go.
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    • Profile picture of the author AskShawn
      Originally Posted by mark healy View Post

      I think the biggest thing is mindset and too much learning and not enough action backed up with a well defined and proven game plan. Having a mentor to guide you along your journey is crucial and I think too many people get caught up in current events, current fades and shiny objects that they lose focus.


      If you believe its possible it will happen for you provided you get the correct advice along the way.
      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.
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  • Profile picture of the author Lokki08
    Great amount of money brings great responsibility and there's big danger of being slave of money rather being master of money. Best thing to do would be giving much of that money to people who are in need otherwise that money could change the nature and personality at least for specific amount of time.

    But to the main question. I would say that because of lack of dedication and taking action. Those two big elements are reasons of what I see it.
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  • Profile picture of the author mdvs42
    Great Question Shawn as many of us have asked that question Im sure. it dawned on me recently have you ever thought maybe just maybe (excuse the paranoia here) could it be that I continually here as some one mentioned above, there's an over whelming amount of information out there, that we are suppose to ingest and absorb! Well, has anyone ever thought maybe thats the plan? by that I mean, hey if we keep em' busy with all this barrage of information who the hell has time to get anything done?, like focus on our own business? I mean we all know were tripping over each other likes rats to cheese, so maybe by throwing the bone is one direction that leaves the steak for others? Which is why I have vowed in 2015 never to attend another webinar,Im done! theres nothing new on Webinars! There I said it, its all rehashed repackage puke! with a sales fest at the end.I said this year Im focusing on me and my business and thats it, no chasing the latest and greatest. but hey thats just me./ Great question maybe others will ask themselves the same thing!
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    • Profile picture of the author AskShawn
      Originally Posted by mdvs42 View Post

      there's an over whelming amount of information out there, that we are suppose to ingest and absorb! Well, has anyone ever thought maybe thats the plan? by that I mean, hey if we keep em' busy with all this barrage of information who the hell has time to get anything done?, like focus on our own business? I mean we all know were tripping over each other likes rats to cheese, so maybe by throwing the bone is one direction that leaves the steak for others? Which is why I have vowed in 2015 never to attend another webinar,Im done! theres nothing new on Webinars! There I said it, its all rehashed repackage puke! with a sales fest at the end.I said this year Im focusing on me and my business and thats it, no chasing the latest and greatest. but hey thats just me./ Great question maybe others will ask themselves the same thing!
      Great point! Maybe the key here is to organize all the information you currently have and systematically apply it to your business.
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  • Profile picture of the author tchouken
    Lack of focus, luck and early discouragement.
    Do you consider luck like a factor that can afflict someone's online success?
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    • Profile picture of the author ContentPro22
      Originally Posted by tchouken View Post

      Lack of focus, luck and early discouragement.
      Do you consider luck like a factor that can afflict someone's online success?
      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 )
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  • Profile picture of the author Greg Sain
    Any answer other than, "I don't think (feel, know, believe, etc...) I deserve it." is telling yourself and others a lie.

    Here in Minneapolis, I remember hearing so many Minnesotans saying about ex-Viking Randy Moss, after getting the largest contract for a wide receiver at the time, "How can he think he deserves that much money???"

    I would always (after choking back the desire to spew insults about the "hayseed, Midwestern, farmer mentality" inherent in most Minnesotans) say the same thing, "There are two parties that believe Randy deserves that money: The MN Vikings...and Randy Moss!"

    Most have been programmed to believe that there is something "wrong" with making a decent income, especially if you didn't get dirty, sweaty, oily, or muddy to make it.

    It comes down to one word: MINDSET.

    Your MONEY MINDSET determines your INCOME THERMOSTAT.

    If it's set low (say 30k-50k a year) anything above that feels uncomfortable, like being too hot in a room, and you will do WHATEVER IT TAKES to drop back into your "comfort zone".

    This explains why so many professional actors, musicians, and athletes figure out a way to throw millions of dollars away before they retire.

    Here's the "simplified" formula...

    MINDSET CHANGE + INCOME THERMOSTAT CHANGE = WEALTH CHANGE.
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    I don't need your name, email, OR phone number, because unlike most, I MAKE MY LIVING ONLINE without MARKETING ONLINE!

    (Go ahead...ask me. I dare you.)

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  • Profile picture of the author aspire7
    I guess for me.. Its me! I have never tried. I dont think I do any of my online projects to make money. I have enough to make me happy.

    My online ventures have never been about making money they have always been to solve a problem, make the internet a better place or to help people.
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  • Profile picture of the author southcoaster
    If you can make one website that makes $10 a day then go out and build 100 more just like it. Problem is that takes a huge amount of work and a certain amount of resources, but it seems to be the most effective and simple way to achieve serious money.

    I agree that the "one big idea" that help you make it is not something you should trust your living on. Much better to be pragmatic and just scale as much as you can with the resources and time you can commit to it, especially when you factor in the certain amount of luck that is involved with making your living online.
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  • Playing with different markets.
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  • Profile picture of the author MrMoneyClark
    Originally Posted by AskShawn View Post

    With product launch after product launch and info products launching every day if not every five minutes, many of you have tons of products sitting right on your hard drive.

    Some of you have also taken a big leap - which is definitely commendable, seeing how some people do nothing, to go as far as attending high priced seminars and bought big ticket information products, building up more and more debt on your credit card or having your spouse or significant other give a very cold stare that screams, What in the hell are you doing? or Don't you think it's time for you to get a real job?

    Obviously all the information we need is abundant and plentiful.

    So, my question is What is holding you back from becoming a $6 Figure Earner?
    I've taken action of a few products that I've purchased and have not had any success with them at all. It tough to be positive and optimistic when things aren't working
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  • Profile picture of the author Dhairaz
    Originally Posted by AskShawn View Post

    With product launch after product launch and info products launching every day if not every five minutes, many of you have tons of products sitting right on your hard drive.

    Some of you have also taken a big leap - which is definitely commendable, seeing how some people do nothing, to go as far as attending high priced seminars and bought big ticket information products, building up more and more debt on your credit card or having your spouse or significant other give a very cold stare that screams, What in the hell are you doing? or Don't you think it's time for you to get a real job?

    Obviously all the information we need is abundant and plentiful.

    So, my question is What is holding you back from becoming a $6 Figure Earner?
    FEAR is the biggest factor. How to overcome? The fastest way is to learn from who had succeed. (Read books, mentoring, coaching, training etc)
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  • Profile picture of the author rbeckwith
    I'll give you the secret here in 2 quotes

    "Whether you think you can or can't do a thing, you are probably right" ...Henry Ford Confidence is everything...you must believe to achieve...sounds cliche, but it is true in every aspect of your life.

    "Action is the foundational key to all success" ...Pablo Picasso
    You can't watch videos and read PDF's all day an night without stopping to put the plan into action and let people know that the mousetrap has been built....then yell at the top of all of the hills you can think of to let people know....and keep doing that until you achieve the results you wish...and then do it some more, etc. ad nauseam.

    First you must have the right mindset and then have an actionable plan that you work at.

    End of story folks..."No Hocus Pocus, Just Focus"

    I have made a lot of $$$ online (well over 7 figures total) and can tell you that it takes hard work, time and nothing ever turns out exactly as expected good or bad. Get out of your comfort zone and just do something from Alpha to Omega....no excuses...just do it! You may just surprise yourself.

    Rod
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  • Profile picture of the author seattlecathy
    The highly successful people I know seem to have a combination of
    -- drive: they *really* want it
    -- an intuitive grasp what the market wants (like having some degree of perfect pitch in music)
    -- ability to satisfy something the market wants intensely, being seen as the credible source of solution, and knowing how to communicate the message and built relationships about their solutions.

    It also helps to be photogenic with a big warm smile.
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  • Profile picture of the author exhibia
    We are launching a new auction site called www.exhibia.com. I expect to make six figures easily.
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    • Profile picture of the author Tony_Brayley
      Originally Posted by exhibia View Post

      We are launching a new auction site called www.exhibia.com. I expect to make six figures easily.
      What does this have to do with the discussion?
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  • Profile picture of the author websachi
    Can it is possible online, can u give me idea on this. i am intrested
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    • Profile picture of the author AskShawn
      Originally Posted by websachi View Post

      Can it is possible online, can u give me idea on this. i am intrested
      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.
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  • Profile picture of the author pstallone
    The incredible amount of misinformation and scams on the web, 98% seems like useless crap. TIME, I need to survive while I develop my internet strategy, and having a limited amount of time while filtering through all the "noise" takes a lot of time. If I had 2 years salary in the bank, and could devote all my time to another venture, maybe I can get somewhere.
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  • Profile picture of the author theonlyway
    If l stop wasting time reading the same regurgitated, spun and repurposed information presented using different fonts on MOST IM blogs on;

    Creating websites..... pros and cons of using WP, Blogger ....... and the associated themes and plugins.
    Keyword research..... long tail keywords, rank tracking
    Content creation ... content is king, find solutions to people's problems, write for people not search engines, use your target population's language ....... plus social sharing of the content.
    SEO .... Tags, links, headlines, long articles, article submissions, Google Panda, Penguin, mobile optimisation..........
    List building ... 'money is in the list', irresistible offers, opt in options, exit intend, landing pages, Call to Action Buttons, pictures that convert........ associated auto responders and swipe files.
    Marketing through Youtube videos, FB, Twitter, LinkedIn, Pinterest etc.

    and start implementing what l know already.
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  • Profile picture of the author UW
    I am a firm believer in the theory that when your back is against the wall is when you can do some crazy things. You can become ultra focused on your goals and you will accomplish 10x more than usual.

    I have come across this already a couple of times in my life, the first being when my parents said I needed to get a job in the summer(I was told this around February, so I had about 4-5 months). From the thought of having to work all summer long doing something I hated(Moving boxes and furniture) I began to work extremely hard on my online income. I went from $0 to close to $1.5k a month from a Forex membership site that I ran in those 4-5 months.

    I worked every day and night on that site, often times staying up past 2am trying to get work done and then going to high school in 5 hours later.

    All of that work paid off, I was making more money than all of my friends who had summer jobs and I was doing something that I enjoyed. I don't think that I would have been able to accomplish what I did if I wasn't threatened of having to get a job.

    Another example of this happened this year. I am currently a Freshman in college and my parents make me pay $2k each quarter for my schooling. So that ends up being $6k that I need to make in 9 months.

    At this point, I was not making money from my Forex membership anymore and I needed a new way to make money. I read and learned everything I could about niche sites and learned everything I could about private blog networks. I combined these two things and started to make money from ranking niche sites with PBN sites.

    This school year is coming to an end and I have made over $25k already this year, easily enough to pay for college.

    I was driven to make money since I knew that I had to pay for my schooling or I wouldn't be able to go anymore. Ironically I hate school and would rather make money online but that's another story.

    Nonetheless, I just wanted to share some stories in my life where having my back against the wall helped me make more money.
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    • Profile picture of the author heavysm
      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.
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  • Profile picture of the author daverh
    Ha, Ha...Sorry to go off-topic, but I'd be happy with the $6 for starters. I've been through Mark Ling's Affilorama, and Anik Singal's Profit Academy, and guess what? Bupkis, that's what. No more gurus for me. I keep reading in this thread that a good mentor is important. What is a good mentor? Certainly not a gooroo I hope.
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    • Profile picture of the author fly4fun
      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.
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  • Profile picture of the author jvbiz
    Not having that "missing puzzle piece" is holding me back.

    Failed for two years, burnt out, no profits.

    Paid money to 'gurus' and put in the effort, found no success.
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  • Profile picture of the author linuspersson
    Banned
    2 reasons.

    People don't know the "Formula" to make money online.

    Or they need a coach/mentor to teach them how to make money online.

    I can tell you the formula i use:

    Step #1: Create a product

    Step #2: Create a sales letter

    Step #3: Create a salespage

    Step# 4: Create a jv page

    Step #5: Get affiliates

    Step #6: Launch your product

    Step #7: See your income grow

    Now there is a lot of work to these steps. But this is basically the formula i use to make a living online.
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  • Profile picture of the author AskShawn
    Hi Warriors,

    Thanks for all the great input.

    I'm putting the final touches on my training on earning and living a 6 Figure Lifestyle. I will be giving this training away free to the first 50 people on this post.

    Let me know all of the challenges you have and topics that you would like me cover so that I can provide you with the best material.

    Wishing you much success,
    Shawn
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    • Profile picture of the author David Beroff
      Originally Posted by AskShawn View Post

      ...earning and living a 6 Figure Lifestyle....
      (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.
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  • Profile picture of the author Shane Dolby
    A lot of people come on the internet and think they can make money without spending any money. because all the ads say you can yea some people can because they have a skill that is in demand but without any skills its not a viable plan. You should have a plan and figure out what your costs are going to be. Then find yourself a mentor/course that is reputable and learn properly. Work hard you are not going to be able to step into a lifestyle without planning. And what you cant do or learn your self outsource.
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