Who should read this post and what you'll learn
Have I made a fortune yet? No. Did I quit my first job as a business studies graduate after 7 months? Yes.
So, if you'd like to be able to fire your boss, this post might be helpful to you.
You'll learn the best things I've learned within 2 ½ years of making money online, a little bit about my mindest and the the things I do and those I don't do (anymore).
#1 You need to make earning money online a must
Altough there were nice people and the money was fine, I hated my job. I knew I had to get out of there asap. Never would I've been able to quit without being this serious. My goal was not to buy a nice car or something ... instead I wanted my life back.
#2 Define the goals you have as clearly as possible and you'll be likely to reach them before the deadline.
I quit the job months before the deadline. Wonderful things happened when I got that serious.
On the other hand, after reaching this goal I struggled to set new, clear goals with a big enough why (see #1). That is why I did not get that much ahead since the moment I had gotten my life back.
So, after writing this list I'll write new, specific goals down with a deadline and a big enough WHY.
Please, please, please do the same if you do not have your goals written down already.
#3 Focus on one project at a time
For me, it's been a authority site in the health niche. Business model: advertisment (a little bit of adsense and mainly selling premium advertising spaces). I've been working on ONLY THIS ONE project for two years. And I'd always do so if I had to start over again.
To me it makes no sense at all (and it never did) to start a gazillion projects simultaneously. Would you start a bakery, an auto shop and a whatever at the same time? I guess you wouldn't. So ... why do you think that's a different thing online? After all, building a business stays building a business. This gets us to #4.
#4 It's about building a business
**** all get rich schemes. All of them. Always ask yourself: do I really create a sustainable business or not? If not, stop doing anything and change your direction.
#5 Build a business that you have real interest in
If you don't love cars then you better forget building a business around them NOW. Why? Because you won't be able to throw your full heart into it. Chances are good that you'll cancel the project long before it's getting profitable.
This is something I underestimated. The health niche is not that interesting to me. So it has often been way harder to motivate myself than it would have been if I followed my passion right from the beginning.
I'm working on project number two which is about a topic I really really really really love. Anything else is just a waste of your life. You'll just be not that HAPPY, passionate, and hard working when you don't work within your fields of interest. Wish that I'd had listened to those words myself earlier. I'm sure
#6 Don't do it all alone
Since the beginning of my MMO-journey, I've worked together with a partner. There's nothing more helpful when times get tough, nothing more fulfilling than celebrating successes together and nothing more helpful than discussing decisions with somebody who is involved in the business the same way that you are.
I actually tend to be some kind of a lonesome rider. Yet, having a business partner is priceless to me.
#7 Do the work
There's a great book out there called „Do the work". If you haven't please read it. That book opened my eyes. I avoided product creation as strongly as I would love to get my own, helpful little products out there.
Beeing creat-ive (as in „product creat-ion) is so hard when you're a perfectionist like me. That's something I need to learn. Just sit down, stay there and do your work. Wether it's creating an ebook, a video serious or a newsletter. And then ... get it out ... even if it's not perfect.
#8 Growth happens in stages
At least from my own experience, growth comes along in big steps with plateaus in between. You need to stay on track when things seem to stuck ... the next wonder is already around the corner.
This is why you shouldn't give up.