One of the Fastest Ways to Increase Your Online Income

4 replies
After 14 years online... if there's one thing I've seen that can boost your income faster than anything else, it's this:

Stop Buying and Start Selling.

In other words, instead of buying into the next "latest and greatest" shiny new toy... decide to learn one skill, or one niche, and start creating content and products in that niche.

If you're always buying stuff... you're always LOSING money, unless you actually take action and use it to further your business and your profits.

I'm not saying to never buy stuff. Heck, after 14 years online, I've bought a lot... from Cory Rudl's course, to John Reese's Traffic Secrets, Marlon Sanders courses, etc...

But at a point, you have to switch from being a buyer... to being a producer.

A constant buyer will always spend money... while a constant producer will always make money.

That one change can literally double your online income, pretty much in a month or less.

Again, get good at one thing... and begin producing content in that area you can sell.

Maybe you want to focus on email marketing, or solo ads, or Facebook, or adswaps.

Whatever you decide... just get good in one area and become a producer of content in that area.

E-books, webinars, videos, courses, DVDs, special reports, newsletters, etc...

Once you start producing this stuff and selling it... of course your income will rise.

But, if you're always in buying mode, looking for the newest shiny toy to try out, you'll continue to spend money.

Most people online do not make any money because they keep spending too much of it on too many different courses.

Soon, they're confused and have no idea what to do, or what to start with.

Anytime you're not producing content... you're not making money.

So, if you keep buying ebooks, programs, or courses... you're spending money and also taking time to read those programs.

Doing that once or twice is fine... since you NEED to be educated enough in something you can become good at, and offer value to others.

But once you figure that out, it's time to become a producer.

Producers not only sell, but they offer value to other people, in exchange for that money.

That's why producers make money.... it's because they're offering information or advice that's valuable and that others will pay for.

When you're always a consumer... you're not offering value.

Again, you can buy a course, and then use it as a springboard to a business... so it's more of an investment.

But what keeps most people struggling is... they spend way too much time and money on consuming and buying.

At some point, you gotta start producing if you want the money to come in.

The only way you can make money online is if you help other people get what they want.

And that can only be done if you're producing something. An ebook, a course, coaching calls, etc...

I promise, each morning before you start work... ask yourself:

**Am I going to be a consumer today or a producer.

Once you start producing more stuff, you're able to sell more stuff and therefor, make more money.

That one distinction is what will separate those who make a lot, from those who don't.

Those who don't spend a lot and consume a lot... failing to take action PRODUCING value for others... which is where the money is made.

Hope this helps!

Shawn
#fastest #income #increase #online #ways
  • Profile picture of the author discrat
    Yeah it is a tough concept for many to switch on in their psyches. They get so used to buying Dream after Dream ,and I think in an unconscious way they are addicted to this insanity.

    That being said, once you do start selling more and more and becoming more and more successful , you NEVER can educate yourself too much.

    So I myself continue to buy here and there to improve on my knowledge and improve upon my business practices



    - Robert Andrew
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  • Profile picture of the author PLR Basket
    I've learned more about IM from this forum then all the pdf's that are rotting in my hard drive.
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  • Profile picture of the author Vikram Anand
    I totally gree with you. As rightly explained, one cannot make money by being a consumer. Only when you think and act like a producer, you can expect to make money in due course of time.

    Here I would like to add one more way of making money....by being a trader!

    What a trader conceptually does is selling someone else's products and earning commission out of it. That's the foundation on which the affiliate marketing business actually stands.

    Initially you can act like a trader, get some confidence and then become a small producer. As you get more experience and confidence, you can turn into a big producer and eventually make big money.

    Hope I make sense with your philosophy?
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  • Profile picture of the author C G
    Agree.

    When learning a new skill. You should spend 80% of your time on reading and studying and 20% on creating and taking action.

    Then gradually increase the percentage of action until your taking 80% action.

    Cheers,

    C.G.
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