The quickest ways to go broke...
You know, I remember at the age of 15 when I first got started in IM and I
made my 1st $85 commission check. It was no other feeling ever. Now, at the
age of 15, I had several choices on how to spend this money. I could of easily
threw it away on a new Playstation game or on something else that would bring
in no return at the time.
I learned a valuable lesson quickly...
Instead, I took $70 out of the $85 check and spent it on a Text Link Advertising
campaign that brought in $595 for the duration of that campaign. I was excited
and decided IM was what I wanted to do from that point on. Now, the point I'm
trying to bring home is that, you have to SACRIFICE at times in order to gain.
I hear people saying all the time, well - I don't have money to put into my
business at the moment. Then, they turn around and buy the new IPhone 5.
Priorities are backwards, and sad to say, they wonder why they go broke.
It doesn't take money to make money, but it takes money to make a LOT of
money. If you want to want to get ahead in IM or any business, you are going
to have to spend at some point. It may sound like a lot to spend $300 on a
Solo Ad or $100 on a Text Link Advertising, but you have to think of the long-
term benefits, spending that $100 could possibly bring you $300 if you know
your websites conversion.
One big mistake people make is taking all the money they make from their
business and spending it on things that only fills a temporary void, but will
never bring any type of results back to the table. Most people will never tell
you this, but if you look at any of the well known marketers, they had to
sacrifice to get where they're at. They had to spend a decent amount of
money on trial and error to get there.
To make a long story short. When you put money back into your business and
back in to your training, that's when you will start to get ahead. That's when
you will start to learn how to leverage the money you make to have it make
more money for you, over and over and over.
Once you learn to acquire this skill, you learn how to flip what you have to
double, triple or even quadruple your profits and create even more leverage.
This is how it's done. Then, with the money you've made back, you will have
more options on buying the things you want. If that means, no redbox DVD's,
no $500 cellphone, or anything that you don't need at the moment that you
can do without in order to spend on what you do need and will bring in return,
it has to be done.
Key point being, Invest in yourself and your business for the long haul. In the
beginning I've went countless nights/days without having what I needed with
the knowledge in mind that I'm investing in myself and business and I will be
able to spend and double my investment, therefore being able to get it later.
Believe in yourself, invest in yourself, sacrifice and good things will come
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