Is this best for a person who gets bored easily?

45 replies
So here's the deal.....I find a new project/business to do within my current business (Adult). I get excited about it, work hard at it for anywhere between 3-12 months and then boom my excitement is gone, it becomes an absolute drag to do and trying to get myself to do the work is like getting a dog into the vets!
But when I work hard at it for the 3-12 months, I work SUPER hard at it. Enough to get it right off the ground and moving steadily somewhat.

I have come to the acceptance that I get bored easily. So here's the other thing, I want to make allot of money. I do want to attain wealth and believe I can do so based on my skills, knowledge, hunger to learn new things etc. But I also am aware that most people succeed because they invest all their time and focus into ONE thing. They become a pro in whatever it is they want to do and that's exactly why it succeeds. I fear due to my 'easily bored' personality, I won't be able to give something this in the long term.

So I figured perhaps the whole passive income avenue is best suited to me. The ability to do anything from e-books, blogs, affiliate marketing, Amazon FBA, courses and everything else in-between.

Is this suited for someone like me and still be able to attain wealth? Aka $250k + a year income down the line. Or is this something that is a terrible mix for someone who get's bored easily.
Are there other options I may not have considered?
#bored #easily #person
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  • Profile picture of the author GordonJ
    Originally Posted by kimberly91 View Post

    So here's the deal.....I find a new project/business to do within my current business (Adult). I get excited about it, work hard at it for anywhere between 3-12 months and then boom my excitement is gone, it becomes an absolute drag to do and trying to get myself to do the work is like getting a dog into the vets!
    But when I work hard at it for the 3-12 months, I work SUPER hard at it. Enough to get it right off the ground and moving steadily somewhat.

    I have come to the acceptance that I get bored easily. So here's the other thing, I want to make allot of money. I do want to attain wealth and believe I can do so based on my skills, knowledge, hunger to learn new things etc. But I also am aware that most people succeed because they invest all their time and focus into ONE thing. They become a pro in whatever it is they want to do and that's exactly why it succeeds. I fear due to my 'easily bored' personality, I won't be able to give something this in the long term.

    So I figured perhaps the whole passive income avenue is best suited to me. The ability to do anything from e-books, blogs, affiliate marketing, Amazon FBA, courses and everything else in-between.

    Is this suited for someone like me and still be able to attain wealth? Aka $250k + a year income down the line. Or is this something that is a terrible mix for someone who get's bored easily.
    Are there other options I may not have considered?
    You need to fit your goals into your way of "bingeing" start-ups or ideas.

    If you are not familar with Michael Senoff, get to visit him today. at hardtofindseminars

    Listen to a few interviews, especially guys like Art Hamel and other serial Entrepreneurs.

    No time to go into it, but here is a thumbnail sketch. Create and build with the idea to sell, or to become a silent partner, use your skills, and looks, as I assume they are a valuable asset, to get a % of someone's business.

    You don't have to start huge companies, you can be a successful serial Entrepreneur at much smaller, local levels.

    You must learn to leverage your initial businesses, and then plow all profits back into growth, you like to push the rock up the hill, for a little while, so you need to look for hills, and not mountains, where that 90 to 180 days of focus sets up a foundation. I'll be back in a couple of days with some examples, in the meantime, listen to some of those great interviews Senoff has done to get your juices flowing.

    You can reach your goals, IF you make your "Attention Deficit" or Quick to Boredom, a part of your plan and work around it, or actually work with it to set short term goals for long term profits. Hope others will have something else.

    Also, toys, fads and gag gifts are a viable option for you too. More later.

    GordonJ

    PS. I've had too much deleted here, so I don't waste too much time posting. Here is a link, might get deleted, to a post I did here, but then it disappeared, but, thankfully, I save all my posts and in some cases post them at my own forum. https://bit.ly/2GlDbA6
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    • Profile picture of the author Chetr
      Hey, Gordon. I got hooked by the keyword in Kimberly's post; BOREDOM. And I know about this, cause I experience it a lot...AND, I've been given a lot of (not useful) advice about it...But this is the first time I've heard something so sensitive and sensible!

      That is very useful and smart way of thinking about and leveraging what could potentially be a 'defect."

      Thanks.
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  • Profile picture of the author yukon
    Banned
    You're probably getting burnt out and losing focus from working alone. It happens.

    Sometimes just getting away from it all helps.
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  • Profile picture of the author laurencewins
    You shouldn't work 7 days a week every week or you will burn out, regardless of what you're doing. Write lists of goals you want to achieve per day, per week, and so on. That's one key to making money instead of being all over the place and grabbing all the latest shiny objects.
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  • Profile picture of the author kimberly91
    Maybe I gave the wrong impression. I wouldn't say I work myself into the ground. Usually 4-5 days a week, 4-6 hours a day. But I have great focus & commitment on one thing and then after it's established & profitable I get bored and lack enthusiasm for what I'm doing and feel ready for something fresh,new and exciting.

    Thank you Graham, I will get researching those names recommended and report back.
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  • Profile picture of the author Frank Donovan
    My guess is you're "easily bored" because you're using the money as your motivation. Of all motivators, financial goals are among the least effective.

    Find a project that enthuses you in itself - either for the satisfaction you take in doing it, or the service you bring to others. Even then, there'll be times when your enthusiasm wanes. That's when you need to apply a little self-discipline.

    No business is perfect - but try to keep your focus on the big picture.
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  • Profile picture of the author Jason Kanigan
    Common for the Quick Start entrepreneur.

    Suggestions:

    1. Keep track of your ideas, and evaluate them every 2 weeks or monthly. Assess which will make you money, which won't, which you are most excited about...and which you are no longer interested in. Refuse to jump into implementing an idea just because you are temporarily enthused about it.

    I was quoted in Inc. Magazine about time management and productivity. But after many years of believing this was the deepest you could get on the issue, I discovered there is a core level:



    My days are very different now since discovering this.

    Manage your energy carefully. You have a lot, but it is not inexhaustible.

    2. Accept the fact that you are an Initiator, not a Manager.

    Hire someone to take over projects you initiate. They'll manage them after say the 3 month mark.


    I am not a manager. I'm trained to be one, but I hate being stuck with the same stuff day after day. I like projects with a beginning, a middle, and an end. I have an operations director and tech people and salespeople I delegate tasks to because I'm done starting with them. My co-founder is even more a Quick Start entrepreneur. Trying to manage everything month after month is misery lol.
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  • Profile picture of the author allenross356
    Hi kimberly91,
    I have experimented with various models and have had success with following models:

    1) Ratings based business (building authenticity and rankings by getting customer reviews and 4-5 star ratings): Where traffic depends on your ratings and reviews. Models include selling stuff on amazon as a seller, selling services on freelancer.com, selling services on fiverr.com, selling self-designed products on red-bubbles, selling travel packages on expedia, selling rooms on airbnb, etc.

    2) Engagement Based business (where relationship is built with people over time before promoting products to them): Where traffic depends on engagement and relationship with community. Models include forum marketing, email marketing.

    3) Brand Based Business ( traffic is converted by targeting them again and again): Where conversions happen because the customer sees you everywhere. Models include domain domination with content (for example hundreds of videos on youtube or article directory), remarketing through adwords, product launch model, etc.

    For anyone who is living in USA or Canada and is starting out to make money in easiest way, he must start with Amazon Dropshipping model (Not Amazon FBA). There are various strategies to do it some with investment and some without investment. This model is most scalable and least time consuming.

    For anyone who is living in countries like India, Afghanistan, Khazakistan, etc, he must do ratings based business on peopleperhour.com, fiverr.com, etc.

    Other models just require too much time in content creation and a person may give up unless he has a good amount of staying power or unless he has learned all the ways already by working as an online marketer for a company. (TIP: one can learn those techniques by selling online marketing services to customers online thus following ratings based business model first)

    So if you are desperate for money, then dont start with 2nd and 3rd types of business models. Do only 1st types of business models. You can achieve them without having any skills or owning any inventories. Like how subcontracting or outsourcing works. When an order comes at a higher price, deliver it by ordering somewhere else at lower price. You may also call it arbitrage.

    Once you have enough money in your bank account and are not desperate anymore, then you can dive into the more advanced models of 2nd and 3rd types out of curiosity, or else just stick with the 1st type models and continuing scaling up.

    My first month, I made about $1700 in profits by selling services on freelancer.com. However, in my case I got lucky, and also I worked my a** of and slept only 3-4 hours a day during that month because I didn't know how to optimize the business processes at that time.

    All the best !

    Regards,
    allenross356
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  • Profile picture of the author infocraze
    Over working on anything would kill your motivation, you just need to manage your time better.
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  • Kimberly91,

    I think it's a matter of preference. I found out through the years that I'm motivated by considerable challenges; and
    I'm inspired by watching my creative ideas turn into something that gives me significant rewards. So:

    I recommend trying to find the exact types of challenges that can motivate you, and also the exact types of rewards that can inspire you to keep on tackling your preferred challenges each day. For example:

    On one hand, I want challenges that can motivate me to immediately work on it right after I wake up, lift weights, have breakfast and brush my teeth. Here are my favorite types of challenges:

    1. Creating new projects that laterally expand from my ongoing projects and campaigns to other subject areas, i.e. I started out pitching to my target international software companies the content marketing and SEO services of a small team of work at home moms and dads that I built, which I then grew to more than 140 content marketing and SEO agents in less than a year (most of whom are persons with disabilities), and I expanded my operations later on by creating a new department for Web development and social media marketing, and I again expanded my operations after a year to the multi-lingual call center industry, and after another year, I expanded to the AI software and wearable hardware tech development industry;

    2. Collaborating with new groups every so often, i.e. I started my consultancy work by collaborating with government, non-profit and commercial institutions locally and internationally in ICT and disability affairs since I'm completely blind myself, which resulted to me becoming a representative delegate of our country at APEC, ASEAN and UN conferences, and I'm now working with our national government's Department of Science & Technology as a recognized AI scientist and inventor for government-funded tech development projects, which I then expanded to consultancy work that aims to help out international and local universities and tech start-ups with their projects in directly and laterally relevant industries;

    3. Building new things that can increase the efficiency and cost-effectiveness of whatever I'm currently doing, i.e. Scripts and AI-powered platforms for my company's operations, incremental software / hardware component changes and additions to the prototypes that I create for my government-funded AI projects, back end processes and front end systems of projects and prototypes that I'm currently in collaboration with other public and private institutions locally and overseas; and

    4. Learning new things from time to time that are relevant to my interests, and implementing the things that I recently learned (I learn better by doing after extensively studying something, and I can't have it any other way), i.e. As a hobby, I started learning a few years back all about money economics, quantity theory of money, blockchain technology, cryptography and speculative commodity trading, which then resulted to me building custom mining machines, modifying hardware BIOS and overclocking it, creating software miners from open source code that I modify, developing and testing an AI script that partially automates my day trading campaigns.

    On the other hand, the types of rewards that I want from the results of whatever I'm doing are those that can inspire me to keep on coming up with new ideas, to keep on creating new things from these ideas, and to keep on building new back end processes, front end systems and new technologies. Here are my favorite types of rewards:

    1. Consistent income that steadily grows, enough for me and my family to live comfortably, go anywhere we want, invest in things that can positively impact our personal asset portfolio, keep on doing these things even if some or all of my ventures go south (God forbid) and have sufficient resources to start new ventures, and enough for my company to keep on offering gainful employment opportunities to skilled job seekers especially to persons with disabilities locally and internationally;

    2. Consistent positive results for our clients from the direct and lateral results of whatever my company's doing for them, enough for our clients and my company to expand and grow our operations;

    3. Consistent results that steadily increase the direct and lateral benefits that our target beneficiaries get from our projects and collaboration work, enough for our new projects and collaboration ideas to get funding from government and private groups;

    4. Awards and recognition from our national and local government offices, from non-profit institutions and from private groups, enough to steadily build the overall reputation, credibility and authority of my company and myself as a consultant in the industries that we specialize in; and

    5. The luxury to do entirely something else whenever I want to, without negatively impacting any of my ventures significantly, i.e. I enjoy the ability to pick any 1 or more hours of the day, any 1 or more days of the week, any 1 or more weeks of the month and any 1 or more months of the year to suddenly take a break, travel with my family, have some drinks with my friends, attend a local or international conference, have my driver drive me around while I'm enjoying coffee and cigarettes, among other things ...
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    • Profile picture of the author kimberly91
      Wow! What you do is incredible, I admire what you are doing and the people around you that you are also create opportunities for. I find this utterly inspiring as even though we ultimately work to pay the bills and gain some kind of wealth. It sounds like the way you do things, ticks so many more boxes. Things that help others, gain you wealth and time freedom, things that are educational, help society etc.
      I'm going to have another read back through everything you've said to see how I can apply this to what I am currently doing and hopefully to stop making it all about the money and more about other things.
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  • Profile picture of the author OptedIn
    Wow! So far, not a single post telling you to "just follow your passion and you will never get bored and are guaranteed to be wealthy." Some people around here are slipping, or possibly maturing. :-)
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    • Profile picture of the author kazimuhith
      Originally Posted by OptedIn View Post

      Wow! So far, not a single post telling you to "just follow your passion and you will never get bored and are guaranteed to be wealthy." Some people around here are slipping, or possibly maturing. :-)
      Absolutely. Go with your passion. Focus on a single goal and stop shuffling around. When you see the results coming in and you see a bright future, motivation will come flying in. You will fly man! Just do the right stuffs.
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    • Profile picture of the author Frank Donovan
      Originally Posted by OptedIn View Post

      Wow! So far, not a single post telling you to "just follow your passion and you will never get bored and are guaranteed to be wealthy." Some people around here are slipping, or possibly maturing. :-)

      Now see what you've done.


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      • Profile picture of the author OptedIn
        Originally Posted by Frank Donovan View Post

        Now see what you've done.
        Mea culpa. I should have known better. Apparently there is no way to put a stake in the heart of this ridiculous belief. So much for maturity taking root. lol
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    • Profile picture of the author kimberly91
      I won't lie, I was expecting that too.
      Passions too can get dull when doing them everyday. I don't really believe in turning hobbies into a business either. That can easily turn a perfectly nice hobby into a dread.
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      • Profile picture of the author OptedIn
        Originally Posted by kimberly91 View Post

        I won't lie, I was expecting that too.
        Passions too can get dull when doing them everyday. I don't really believe in turning hobbies into a business either. That can easily turn a perfectly nice hobby into a dread.
        OMG!!! Someone actually gets it. Good for you. This display of common-sense is a good precursor to you finding a solution to your problem that will serve you well over the long-term.

        The only thing left to fully grasp, is that no one here has a viable solution to your quandary. While you can use these posts to evaluate the diverse propositions presented, ultimately you are going to have to look deep inside yourself for the answer that will serve you best.

        Unfortunately, people always want to think that what is good for them, will be just as good for you. That's nothing more than a technique used by them to assign extra validity to their life choices, regardless of how unhappy they might actually be, in them. Misery loves company, but no one wants to admit they are miserable.

        Lastly, you are correct in making the observation that many people have not carefully read your post and digested it before rushing to comment on it. They're not really interested in you, or your problem. They're just interested in you getting to hear what they think, regardless of how irrelevant it might be to what you are looking for.

        Of course, I want you to hear what I have to say - but I did carefully read and digest your post and sincerely hope that my response will give you something to consider as you look for ways to end your plight.

        We've all been there. :-)
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  • Profile picture of the author autodidactwar
    How can you force yourself to work every day without a holiday? Your body (and your mind too) is not a robot and with this simple understanding you can work and perform better.
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    • Profile picture of the author kimberly91
      I never said that? I said I work hard at something for 3-12 months. I never indicated at all that I force myself to work everyday, neither did I say I don't get holidays. I don't think you read my post at all.
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  • Profile picture of the author kimberly91
    I honestly don't know what I said in my post (and I re-read it back several times) to make you guys assume I am some robot working 24 hours a day with no sleep/holiday.

    I never said anything even remotely similar to indicate that. I said I work hard at a project for 3-12 months. Doesn't mean I am working every hour under the sun. My issue isn't burn out, exhaustion, working too hard. My issue is boredom.
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  • Profile picture of the author affmarketer101
    Thanks Jason Kanigan for sharing really nice model.
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  • Profile picture of the author tagiscom
    Originally Posted by kimberly91 View Post

    Wow! What you do is incredible, I admire what you are doing and the people around you that you are also create opportunities for. I find this utterly inspiring as even though we ultimately work to pay the bills and gain some kind of wealth. It sounds like the way you do things, ticks so many more boxes. Things that help others, gain you wealth and time freedom, things that are educational, help society etc.
    I'm going to have another read back through everything you've said to see how I can apply this to what I am currently doing and hopefully to stop making it all about the money and more about other things.
    Not sure if you are referring to the sales pitch, which does sound professional, but not much else.

    This is like reading how Rockefeller sunk an oil well and almost went bankrupt, then made tons helps. It helps in motivation, but that is about it.

    Originally Posted by kimberly91 View Post

    I won't lie, I was expecting that too.
    Passions too can get dull when doing them everyday. I don't really believe in turning hobbies into a business either. That can easily turn a perfectly nice hobby into a dread.
    Lol, passions, yes, if l stayed with Ceramics 10 years ago, l would be in all likelihood near broke today, and probably indulging in self abusive opportunities.

    But l may have become slightly above broke, and still indulging in self abusive opportunities.

    Using another two artists l knew, as an example, likely struggling and mainly doing a side of ceramics l prefer not to do, while doing what l am crazy about for the occasional exhibition, (and probably not selling many).

    The economic depression we have had since 2008, seems to be here for good, with slow wages growth and stupid individuals causing more human suffering than a first world economy should endure, is common.

    Definitely not the time to something that you are crazy about, and is a non necessity.

    I am concentrating on the online stockmarket currently, or spent the last three weeks learning and testing, with good results.

    Do l love doing that, not really; and am l sick of learning that, sure, but l will be cutting back on it soon.

    I have an interest in it, it is working and it can be scaled up, relatively easily, which leaves ceramics in the dust.

    This also took about 10 years to reach after trying one thing after another online, and l gave ceramics my all, but after 4 years and seeing the substantial drop of more talented artists incomes around the year 2008 l knew it was not the best way to go.

    I would never get bored doing ceramics, but most likely get fed up with living in abject poverty, borrowing from everyone and being one step away from having to move.

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    • Tagiscom,

      Originally Posted by tagiscom View Post

      Not sure if you are referring to the sales pitch, which does sound professional, but not much else.
      Not sure if you're referring to my post, since I think Kimberly91 was referring to it when she commented what you quoted her?

      If yes, then I am offended by your accusation of my post being a sales pitch, sir.
      I recommended Kimberly91 to pinpoint the exact types of challenges that can motivate her (I assume you're a lady because of your username, can't see your photo since I'm completely blind as I mentioned, so please forgive me if my assumption's wrong) and the exact types of rewards that can inspire her to keep on working at those challenges each day; and

      Just like the things that you mentioned in your post below - I shared the exact types of challenges that keep on motivating me as well as the exact types of rewards that continue to inspire me throughout the years, and my purpose was to show some examples of challenges and rewards that could also potentially motivate and inspire Kimberly91.
      Also, I have very old sales threads here that have not been updated for the past couple of years. There aren't many tech companies here with multi-lingual call center and multimedia marketing needs that can give us significant contracts. These old threads are in the Warriors For Hire section (the exact place in this forum where service sales pitches are supposed to be posted), but the last time I talked to our admins who are also members here - They haven't updated those because the teams they handle aren't able to offer any service at the moment; and

      And no, it's not in my interest to offer my ICT dev't and consultancy service here as what I want is to work on my innovations while collaborating with gov't, non-profit, university and commercial projects that benefit persons with disabilities locally and overseas.
      Reckon it'll just be a waste of time since I neither expect to find those here, nor do I actively promote my service online; and
      I get all the projects I can handle from the network of public and private organizations I have worked and currently work with, as well as from the network of colleagues with the same interests (ask inventors and consultants who collaborate with groups in similar networks, and many of them'll tell you the same thing).

      Plus, I'm not into offering coaching or any info product related to Internet marketing and MMO - My weakness is teaching - I tried, but I just can't do it.
      My idea of teaching someone is to give them links to whitepapers and tell them to get back to me if they have questions. Ha. Ha.

      Well, if you aren't referring to my post, then just simply ignore this, sir, or better yet - Mention the post that you're referring to.

      Originally Posted by tagiscom View Post

      This is like reading how Rockefeller sunk an oil well and almost went bankrupt, then made tons helps. It helps in motivation, but that is about it.
      Are you saying someone who's bored at their entrepreneurial ventures and is currently seeking advice on possible ways to fight off that boredom won't find it useful to learn about the exact ways that work for other entrepreneurs in terms of motivating and inspiring themselves to work on their ventures?

      Originally Posted by tagiscom View Post

      yes, if l stayed with Ceramics 10 years ago, l would be in all likelihood near broke today, and probably indulging in self abusive opportunities.

      But l may have become slightly above broke, and still indulging in self abusive opportunities.

      Using another two artists l knew, as an example, likely struggling and mainly doing a side of ceramics l prefer not to do, while doing what l am crazy about for the occasional exhibition, (and probably not selling many).

      The economic depression we have had since 2008, seems to be here for good, with slow wages growth and stupid individuals causing more human suffering than a first world economy should endure, is common.

      Definitely not the time to something that you are crazy about, and is a non necessity.

      I am concentrating on the online stockmarket currently, or spent the last three weeks learning and testing, with good results.

      Do l love doing that, not really; and am l sick of learning that, sure, but l will be cutting back on it soon.

      I have an interest in it, it is working and it can be scaled up, relatively easily, which leaves ceramics in the dust.

      This also took about 10 years to reach after trying one thing after another online, and l gave ceramics my all, but after 4 years and seeing the substantial drop of more talented artists incomes around the year 2008 l knew it was not the best way to go.

      I would never get bored doing ceramics, but most likely get fed up with living in abject poverty, borrowing from everyone and being one step away from having to move.
      I don't consider your post a sales pitch for online stock trading products, sir. Instead, I think you tried to share the exact ways that work for you in terms of motivating and inspiring yourself to keep on improving, growing and expanding your entrepreneurial ventures?
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      • Profile picture of the author tagiscom
        Originally Posted by Marx Vergel Melencio View Post

        Tagiscom,

        Not sure if you're referring to my post, since I think Kimberly91 was referring to it when she commented what you quoted her?

        If yes, then I am offended by your accusation of my post being a sales pitch, sir.
        I recommended Kimberly91 to pinpoint the exact types of challenges that can motivate her (I assume you're a lady because of your username, can't see your photo since I'm completely blind as I mentioned, so please forgive me if my assumption's wrong) and the exact types of rewards that can inspire her to keep on working at those challenges each day; and

        Are you saying someone who's bored at their entrepreneurial ventures and is currently seeking advice on possible ways to fight off that boredom won't find it useful to learn about the exact ways that work for other entrepreneurs in terms of motivating and inspiring themselves to work on their ventures?

        I don't consider your post a sales pitch for online stock trading products, sir. Instead, I think you tried to share the exact ways that work for you in terms of motivating and inspiring yourself to keep on improving, growing and expanding your entrepreneurial ventures?
        No, l agree that your first post wasn't a sales pitch, (after checking out your sig, area).

        Lady, hmmm, no, anything else but.

        As for bored, l doubt that he could replicate Rockafellars success, considering that he had an almost bankrupt oil well, and almost got killed on a train going to see another richer industrialist to sell it to him. Then after that he went down the a man of destiny, route and didn't get bored, but got richer.

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        • Tagiscom,

          Originally Posted by tagiscom View Post

          No, l agree that your first post wasn't a sales pitch, (after checking out your sig, area).
          Thanks for indulging my curious request to re-check your claim, sir ("A burning itch to know is higher than a solemn vow to pursue truth, and there is a time to confess my ignorance and a time to relinquish it", research fellow Eliezer S. Yudkowsky of Machine Intelligence Research Institute).

          Originally Posted by tagiscom View Post

          Lady, hmmm, no, anything else but.
          Ah sorry, was referring to Kimberly91. Let me edit that line here (when I fail to achieve a correct answer, it's futile to protest that I acted with propriety, so I take specific actions in anticipation of my own errors):

          Originally Posted by Marx Vergel Melencio View Post

          I recommended Kimberly91 to pinpoint the exact types of challenges that can motivate her (I assume Kimberly91's a lady because of the OP's username, can't see Kimberly91's photo since I'm completely blind as I mentioned, so please forgive me OP if my assumption's wrong) ...
          Originally Posted by tagiscom View Post

          As for bored, l doubt that he could replicate Rockafellars success, considering that he had an almost bankrupt oil well, and almost got killed on a train going to see another richer industrialist to sell it to him. Then after that he went down the a man of destiny, route and didn't get bored, but got richer.
          Wasn't talking exclusively about Rockefeller's story, sir, because I know nothing else about Kimberly91's exactly relevant circumstances aside from the things in the OP, so my point was - I'm subscribed in this specific use case to the belief that learning about the ways that others have done to motivate themselves to continue moving forward with their entrepreneurial ventures, especially in the face of adversity and in Kimberly91's case boredom, would most likely help the OP more than be detrimental.
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  • Over working makes a man like a robot. Work is need for success. But more work like as robotic. Robotic work kills creativity and happiness. So everyone should adjustment between work and vacation.
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  • Profile picture of the author GordonJ
    Originally Posted by kimberly91 View Post

    So here's the deal.....I find a new project/business to do within my current business (Adult). I get excited about it, work hard at it for anywhere between 3-12 months and then boom my excitement is gone, it becomes an absolute drag to do and trying to get myself to do the work is like getting a dog into the vets!
    But when I work hard at it for the 3-12 months, I work SUPER hard at it. Enough to get it right off the ground and moving steadily somewhat.

    I have come to the acceptance that I get bored easily. So here's the other thing, I want to make allot of money. I do want to attain wealth and believe I can do so based on my skills, knowledge, hunger to learn new things etc. But I also am aware that most people succeed because they invest all their time and focus into ONE thing. They become a pro in whatever it is they want to do and that's exactly why it succeeds. I fear due to my 'easily bored' personality, I won't be able to give something this in the long term.

    So I figured perhaps the whole passive income avenue is best suited to me. The ability to do anything from e-books, blogs, affiliate marketing, Amazon FBA, courses and everything else in-between.

    Is this suited for someone like me and still be able to attain wealth? Aka $250k + a year income down the line. Or is this something that is a terrible mix for someone who get's bored easily.
    Are there other options I may not have considered?
    Well, you've gotten some good comments, lots of options. Let me expand on my original post (because I said I would).

    First a story. Knew a guy, had a cookie route, hired someone to do it for him, kept it for several years, making a small but steady income, then he sold it. WINDFALL. Got 7 times what he paid for it. This is an example of starting a business, letting someone else do the work (after the initial set-up), maintaining, albeit SMALL profits, then cashing out.

    Here is a good article at Entrepreneur about another guy and his start-up:
    https://www.entrepreneur.com/article/290031

    Routes are amazing. Many are absentee owned. People are surprised at how much a route (a form of rack jobbing) can cost. I mentioned absentee owned businesses in the first post, now I'll elaborate. Bear with me.

    My two golden mentors, both serial Entrepreneurs, were Ed Barr and Burt Morgan. Both successful men, great people and offered great advice.

    Ed owned restaurants, oil wells, gift and card shops, horses, a stable, and a ton of real estate. He got to the point where OTHER PEOPLE ran his businesses.

    Burt was one of the last great industrialists, and he also had several businesses going, including a bank, real estate and as an Investment Capitalist. His company, CONCEPT DEVELOPMENT actually sought out ideas and people who wanted to start their own businesses.

    NOW, what I learned from these two (an others) and which is hopefully relevant to your situation , is the art of INTENSE START-UP and OPE, other people's efforts. You have the energy and drive for short periods of time,

    and this is pretty typical for most of us, once the biz gets up and running, the daily grind, or in the case of boredom the DAILY MUNDANE, takes over and we just don't want to do it any longer. As an aside, I no longer chant PASSION, long ago, my passion for golf was hot, then when my dreams came true, my nightmare began.

    I'm not big on turning hobbies into businesses, UNLESS, you do it in such a way, OPE for one, so you maintain your time for the fun part of the hobby, the Biz-Time needs to be outsourced.

    OK. How can you apply the OPE and Serial Ent. ideas? Well, you scale big ideas down.

    Ed Barr owned restaurants. I scaled this down to own a hot dog route, you've seen these in convenience stores, where the dogs are on roller grills, not as glorious as running a restaurant, but an EVERGREEN niche, decent margins, OPE, small profits, and a cash out. Also built a singing telegram business, got it up, runnning, sold it off.

    Did the same with a Resume business. FOCUSED on getting it going, profitable, then sold off for a profit. My brother did something similar with a car lot, although kept a piece of it.

    So, you are in the ADULT market. 1001 niches, like FETISH. The toe and foot crowd, the costumers (don't know what they're called), the leather S&M crowd, the sex improvement niche, the toys, the how to. LOTS and LOTS of potential.

    One idea, as has been suggested, turning your expertise into a MASTER CLASS of whatever it is you have done successfully, but you might want to create a BRAND, something seperate from your name, I think Doc Johnson does pretty well with his sex related products.

    See, you start a project with the INTENT and by DESIGN, to build it, make it profitable and then sell it off, rinse and repeat OR, you hold onto a % of the business let the other guy buy it from you with profits, and it won't take a lot of those to get you to your goals.

    A NY, NY Tropicana Route has a $275,000.00 CASH FLOW to it, so once you start getting your profits from your efforts, you parlay or reinvest them with the idea you will be an absentee owner, and there are scores of opportunities.

    Sex isn't going away anytime soon. Think HOW TO, info, instruction, consulting,products...all can be started with BURSTS of energy, and then kept going by someone else.

    Use your energy for the Start-Up, then let OPE, Other People's Energy give you a cash stream you can add to your river of profits.

    Start where you are at, with what you have, SET GOALS, know and use your skills, and your limits, build, sell, build/maintain, build/create, let others do the work while you make the money.

    Good luck to you.

    GordonJ
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    • Profile picture of the author kimberly91
      Thank you Gordon, extremely helpful and useful information. I certainly have had a slight blindfold on in terms of making passive income and focusing on passive niches within the industry I am already a part of. It's got me thinking of all sorts of options within this industry. Thank you again, I appreciate the time and help you put into my posts.
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  • Profile picture of the author mostCPA
    The main reason is " you haven't find the reason of excitement" in your life
    Just sit back and relax, now think
    What you want? / What excites you? / What is there that you really want to do?
    / Whats that you can do non'stop? / What satisfies you?


    Good Luck kimberly !
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  • Profile picture of the author Steve B
    Originally Posted by kimberly91 View Post

    I also am aware that most people succeed because they invest all their time and focus into ONE thing. They become a pro in whatever it is they want to do and that's exactly why it succeeds. I fear due to my 'easily bored' personality, I won't be able to give something this in the long term.

    I agree with your assessment about focusing your time and effort on one thing in the beginning.

    Still, it seems to me you have three choices:
    1. Find some niche where you won't be easily bored. There have got to be some of your interests that you have maintained over the years (certainly longer than 3 months).
    2. Find a partner, get a VA, or hire an employee to do all the work for you in whatever niche and business model you choose. There are always marketers and freelancers looking for gigs related to running an online business.
    3. Don't go into Internet marketing. There are other ways to eventually make your desired $250K/yr. Learn how to invest for future income - there are many available routes you can learn.


    Originally Posted by kimberly91 View Post

    Are there other options I may not have considered?
    There is the option of changing your behavior and mind set. Just because you're been easily bored in the past ... doesn't mean that you have to consign yourself to that limitation or stigma for the rest of your life. People with big goals and ambitions change their personal beliefs and actions all the time so they can realize their dreams!

    The best to you,

    Steve
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  • Profile picture of the author John Durham
    I would say get into "Niche Site" building.

    I have had several businesses that I ran out of gas on... and the problem was that they all revolved around my personal involvement, and if I separated myself from them even for a month, they would begin to fail.

    It was exhausting, no matter how much I loved it, and my customers, to feel that I had reached my limit, as far as the full potential, but yet I couldnt move on and grow in other areas... was difficult .

    In those types of models, you have to be there every day... and NIGHT...because these types businesses demand "YOUR PRESENCE" every day, and every NIGHT.

    They work well, but you cant get a break, and as Kannigan said , "Your energy is not inexhaustible"

    Niche site building , with say an affiliation to Amazon (for example) is a model whereby you can work on a site, build up the content, monetize it...get it to where it makes a few thousand a month... then walk away from it, and perhaps never even look at it again, yet it still brings you money.

    Then... every 30 to 60 days you build another one. This is the key to passive internet income.

    If you get real personally involved, you can make alot of money for a few years, and maybe even delegate some of the work to some others over time... but your PERSONAL involvement will never cease...

    With "Niche Sites" , you build them to a moderate or high level of success, and then move on, and you dont need to delegate anything if you dont want to, and they dont require your personal interaction much.

    Ideally, they should even continue "growing" on their own.

    Maybe none of them make a million dollars, but over a couple of years time you could have that coming in on autopilot. Its a longterm, passive income building plan.

    You work on a project only until it meets its goals, if the site is good, the income will grow on its own, as the site naturally gains authority and back links.

    Its really one of the most solid passive plans... but you have to see the long haul, it wont get you rich over night, in most cases.

    That's my two cents.
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    • Profile picture of the author kimberly91
      I really like this business module, have you had personal experience from this yourself? How long does it take you to start making decent income from your niche sites?
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  • Profile picture of the author cearionmarie
    Over work usually ends up in burning out. Working alone would also add on your stress. Manage your time, and schedule days for rest and recreation. Consider looking for a partner to help you out because there is a limit to how far you can produce results alone.
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    • Profile picture of the author kimberly91
      Again, as I repeated 100 times over now. I am NOT over working myself I work PART TIME HOURS. Why not read my post first?
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      • Profile picture of the author OptedIn
        Originally Posted by kimberly91 View Post

        Again, as I repeated 100 times over now.
        Keep, going! You're half-way, there!!! :-)
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        "He not busy being born, is busy dying." - Bob Dylan • "I vibe with the light-dark point. Heavy." - Words that Bob Dylan wishes he had written.

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      • Profile picture of the author tagiscom
        Originally Posted by kimberly91 View Post

        Again, as I repeated 100 times over now. I am NOT over working myself I work PART TIME HOURS. Why not read my post first?
        No one here is sure about who you are talking about, but pressing the quote button works wonders.

        And pressing the Multiquote more so!

        Signature

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        • Profile picture of the author kimberly91
          No one here is sure about who you are talking about, but pressing the quote button works wonders.

          And pressing the Multiquote more so!
          You learn something new everyday haha
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          • Profile picture of the author TelZilla
            Originally Posted by kimberly91 View Post

            You learn something new everyday haha
            If you're not learning you're stagnating or dead.

            You've received a ton of good advice in this thread... Which direction are you heading?
            Signature
            Don't get so wrapped up in making money that you forget the important things in life.
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  • Email marketing is great because to simplify the business, you are setting it up once, adjusting things to perfect it, and than just running ads to the autoresponder.

    Without knowing anything about you, it is important to have multiple streams of income.

    Now, if you are good at developing a business that is profitable you can always sell the business, make some money and move on to the next thing that peaks your interest.
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  • Profile picture of the author 55sadhikar
    People get bored because they lack purpose. Its like dragging a 50lb weight on your shoulder for 5 miles or it could be your 50lb son who needs medical emergency and the nearest hospital is 5 miles away. Would you take him by your shoulder no matter how much pain and adversity you face. I assume in the 1st situation you would never make the 5 miles because you would get dead bored...
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  • There is no question to bore in our work. If we do not like our work, we will be bored easily. In digital marketing and content writing, people are easily bored. I think, we should start meditation in the morning and clear our goal.
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  • Profile picture of the author JohnVianny
    FOCUS only to one thing and a strategy and STICK IT for at least 60 days...


    then evaluate the results.

    Maybe you truly need a mentor to keep constant on the track. Doing by ourselves could be quite hard in the beginning.
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  • Profile picture of the author ryanbiddulph
    What do you love doing beyond the 3-12 month stretch? Sit in a quiet room. Find that out; gotta do it on your own. And you will have your niche and income model that helps you live your dreams.
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    Ryan Biddulph, Blogger, Author, World Traveling Digital Nomad
    If you want to become a full time blogger you can buy my eBook here
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  • I think you need to have a supporting manager who can help you always. You know sometimes it is tough to give time at work after you served for 24*7 hrs for 3/ 6 months. I read a news article of Martin Crow, Former Cricket Player of Newzeland, Topic name, "The mask we wear". In that article he discussed about work stresses.

    If you get bored when you are in stress, then you need to take rest twice in a every week. If you continuously getting bore after earning money and reaching your goal, then you have something more to do. You need to concentrate on your desires.
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  • Profile picture of the author Trey Morgan
    Work hard for those 3-12 months, and then automate the business so it can run without much work from you.
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