Can we be honest? Brutally honest?

6 replies
Hello

I am a very old WF member. I used to post a lot, which also generated some money for me. And then one day, I just stopped. Couldn't tell you why if you asked me back then. But now I can...

I am not an internet marketer. I tried to be one, but it just doesn't sit well with me to promote dating sites that have unbalanced sex ratios, biz-opps that flat out don't work and can't work, weight loss pills that can't really substitute real dietary discipline and exercise routines, to be reselling insurance leads to ten different boiler rooms, and so on.

Not that I made decent money with it either. The only way I did make money was through incest. Teaching others how to get rich. Right here on the WF. Like many people still do.

Now - get this. I am all for feeding your family. If you gotta hustle a sucker by promising him riches to feed your daughter, go all in on it. So this is not me on my high horse. This is me on my most pragmatic one.

Back to my story...

I decided to go my way, and look for ways to own and run a real business.

I will be honest with you... I had to struggle some. Not a lot, but some. Nobody handed me a $20,000 check the minute I decided to learn something new. I couldn't really honestly say I had much experience.

Now, for my teenage self, it wasn't a question of ethics. I was hungry for money, and morals took a backseat for me back in the day. I'd lie if that'd get me more money. But it turns out, people are smart. Especially people who are successful, self-made and wealthy.

They are fiscally conservative no matter what their station in life may be.

And the only way I could get through to them was through authenticity.

It took me years to get where I am today. Today I am successful. Well, at least if the yardstick is made of my own goals when I set out for all this. And that brings me to the purpose of this post.

I learned long ago that a tenet of authenticity is never lying to my own self about my intentions. So let me start with why I am posting on WF again, after so many years.

Since I rely on radical honesty now, I'll give you all the real reasons why I am posting.

1. Nostalgia. I used to write here everyday. Now I write elsewhere. As a matter of fact, I am trying as hard as I can to write in a style emulating someone else, so as to not accurately represent my own writing style.

2. Hope. That at least one, two, or a few readers will rethink and analyze their paths just a little bit. and succeed faster.

You see, Internet Marketing is not all it seems.

You may or may not believe this... and I expect some people to violently oppose this. But it's not all it seems. It's but a shadow that you chase, and the odds of ever catching it are so slim that you ought to be warned.

So I'll be brief, and share what I have learned over my years in the world of business.

1. Succeeding online is significantly harder than succeeding offline. I know several dry cleaning millionaires, several laundromat millionaires, several gas station millionaires, and several restaurant owning millionaires. I even know several millionaires who have regular day jobs in the Corporate world. But I have not yet shaken hands, after all my years, and all my travelling and mingling, with three internet millionaires.

The world works the way it works. Not the way you want it to.

2. Every business must solve a problem for a group of people in a way other businesses don't, can't or won't. If there is no problem to solve, there is no business. And if someone else comes up with a better solution tomorrow, your business could start counting its days.

3. Everyone dreams to be rich, good looking, sexy, and attractive. Most people won't apply the readily available science of disciplined wealth creation, health preservation and strength of character. Dreams are cheap, and ambition is rare.

4. No market can contain two market leaders. And in the end every market consolidates to two or three major players, arranged in the ratio 4:2:1 in terms of marketshare, who own the lion's share of that market. All others fight for table scraps, and stay poor.

When Dan Kennedy books are selling for $19.99, trust me, I don't need yours. When Jay Abraham is showering his business wisdom for free, I don't need Kern or Walker. Breakthrough Advertising taught me more about market shares, persuasion and USP development than all the $2000 courses I bought put together. And I did buy a lot, and studied a lot.

You are competing with sharks with resources in these worlds. And you don't have the resources. Nor the know how. It's cut throat.

You might be bleeding, and still in denial.

5. Inflation is transferring your wealth to, well... my pocket. Inflation doesn't create wealth. But it doesn't destroy wealth either. It simply transfers the savers' wealth into the borrowers' pockets.

You can't change the system. You can't stop them from printing bills. But what you can do is stop being the sucker who pays for it all. And it's your own responsibility. Your obligation, if you will, towards your family's future in addition to your own. To study up on how the invisible economics work. To find ways to protect, preserve and even grow your wealth irrespective of political and economic climate.

6. The rules of Supply and Demand are still fancy. When there are too many lawyers in a city, many of them are forced to live horrible lifestyles. When there are too many "SEO and PPC" experts in a city bothering business owners regularly, guess what happens?

Worse, when there are too many internet gurus teaching "how to make money online" guess what happens?

7. Abundance is not just a state of mind. You need skills for being abundance minded. You need positive references for that. You can't just throw a switch over and say, "OK MIND, let's abundance". Never in the history of mankind has that worked.

8. Some people really need a job. If you need cash today, get a job.Flip a burger if you must. Mop floors. Mow lawns. Do whatever it takes to put dollars in your pocket first. A successful business can be borne out of any profitable endeavor given certain fertility of environment. But to chase after the dream that hundreds are competing with you for is folly. And a dream based in a world of lies? Well, you do the math.

If I lost my income today, I'd get a job. Never needed one after the very first freelancing thing I did before I'd turned 18. But I'm just saying. If I lost my income, and my savings, I'd get a job. I wouldn't start a "startup." I wouldn't do internet marketing. I'd save some money, and then go for a boring, proven old business.

I'd feed my family before my ego anyday.

9. Capitalism requires capital.

If you have $500K, I can show you in half an hour how you can make $200K per year sitting on your ass for the rest of your life... That too adjusted for inflation. Hell if you have $50K I can show you a reasonable plan to make $50k per year or more working way less than a full time job.

If you have squat, I'd tell you to go get a job, and save some first.

When I walk into a bank, and I already have $200k sitting in my account, it's not hard for me to get a $400k line of credit for a business. I still need to show them the business works and is profitable, but it isn't hard.

10. You are personally responsible.

The guru isn't. He's hustling for there's a sucker born every minute. The other guy who bragged on WF isn't. He's just trying to feel better for himself. Your parents aren't. You're alive and well. They did their job, no matter how shabbily. The government is, but you can't really do much about it except take responsibility for your own financial future.

You, and you alone are responsible. For any success you have, or don't have.

I hope I'll inspire at least some people to do some soul searching, and think about what they're really doing with their time, and by extension, life.

I see so much potential - squandered over a worthless dream that sucks. I don't want to be hiding behind a computer screen for the rest of my life. I'd rather outbid competitors in bidding wars. I'd rather close the deal on the phone.

I don't want to conserve my energy. I'd rather give so much of it, that every night brings in its womb the deepest sleep for me that any infant ever slept.

Lakshay Behl
#brutally #honest
  • Profile picture of the author Jack Gordon
    Very well said, Lakshay.

    You have posted something a few thousand people desperately need to read.
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  • Profile picture of the author YourBizAid
    Banned
    Well said. However, I disagree with the Kern side of things. Jay has his own methods, and Frank has his. Frank's angle comes as fun and friendly marketing; Jay is a good ol' dude with his own loads of wisdom.

    Kern's methods might work for some younger bloke who found Jay's boring. That's it.

    For Jeff Walker... Well...
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  • Profile picture of the author nicheblogger75
    The OP has created a very well thought out post that certainly has it's roots in reality.

    I disagree, though, that it's harder to become a millionaire online than offline. I think it's just as difficult either way. Becoming a millionaire is no easy task no matter what business you are in.

    However, the principles of business are the same whether you start an online or an offline business. I think more people fail with online business because they simply don't understand the concept that an online business is really no different from an offline business in terms of the work, time, and money you need to invest.

    Too many people think that starting an online business is simple and easy and requires no real work. Nothing could be further from the truth. I've said time and again that starting an online business is no different than starting a brick and mortar business. Every aspect that is necessary for a brick and mortar business is also necessary for an online business.

    A major part of the problem stems from unscrupulous marketers who have no problem telling aspiring online entrepreneurs that they can make exorbitant amounts of money in just days or weeks. I often find myself wondering who would actually believe that nonsense, but I've come to the realization that there is no shortage of people ready to dive right in to the myth headfirst.

    There are lots of desperate folks out there who simply want to believe that a lot of the things they read about getting rich online are true. Even though their mind is probably telling them it's nothing more than hype, they often want to believe it so badly that they ignore their rational self.

    I have also come to realize that when it comes to an online business, people always seem to think that they are either going to make enormous amounts of money or completely fail. There doesn't seem to be any in-between. If people would set realistic goals for themselves that they actually have a chance of achieving, then I think the failure rate of online businesses would decrease considerably.

    In reality, when people open a brick and mortar business, I'm pretty sure they want to be successful and make a comfortable living for themselves, but I don't think people aspire to be a millionaire right off the bat. They understand that this will take years because they have to nurture their business and achieve steady growth. I often speak to new Internet Marketers who have set outrageous goals for themselves such as earning a million dollars in their first year. Your average brick and mortar business owner is not likely to set that kind of a goal.

    Overall, I think online business has come a long way, but it's basically still in its infancy and I think most people have a lot to learn when it comes to being an online business owner. I think if many people would begin to treat their online business more like an offline business they would inevitably achieve a much higher level of success.
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    • Profile picture of the author Steve L
      Originally Posted by nicheblogger75 View Post

      The OP has created a very well thought out post that certainly has it's roots in reality.

      I disagree, though, that it's harder to become a millionaire online than offline. I think it's just as difficult either way. Becoming a millionaire is no easy task no matter what business you are in.

      However, the principles of business are the same whether you start an online or an offline business. I think more people fail with online business because they simply don't understand the concept that an online business is really no different from an offline business in terms of the work, time, and money you need to invest.

      Too many people think that starting an online business is simple and easy and requires no real work. Nothing could be further from the truth. I've said time and again that starting an online business is no different than starting a brick and mortar business. Every aspect that is necessary for a brick and mortar business is also necessary for an online business.

      A major part of the problem stems from unscrupulous marketers who have no problem telling aspiring online entrepreneurs that they can make exorbitant amounts of money in just days or weeks. I often find myself wondering who would actually believe that nonsense, but I've come to the realization that there is no shortage of people ready to dive right in to the myth headfirst.

      There are lots of desperate folks out there who simply want to believe that a lot of the things they read about getting rich online are true. Even though their mind is probably telling them it's nothing more than hype, they often want to believe it so badly that they ignore their rational self.

      I have also come to realize that when it comes to an online business, people always seem to think that they are either going to make enormous amounts of money or completely fail. There doesn't seem to be any in-between. If people would set realistic goals for themselves that they actually have a chance of achieving, then I think the failure rate of online businesses would decrease considerably.

      In reality, when people open a brick and mortar business, I'm pretty sure they want to be successful and make a comfortable living for themselves, but I don't think people aspire to be a millionaire right off the bat. They understand that this will take years because they have to nurture their business and achieve steady growth. I often speak to new Internet Marketers who have set outrageous goals for themselves such as earning a million dollars in their first year. Your average brick and mortar business owner is not likely to set that kind of a goal.

      Overall, I think online business has come a long way, but it's basically still in its infancy and I think most people have a lot to learn when it comes to being an online business owner. I think if many people would begin to treat their online business more like an offline business they would inevitably achieve a much higher level of success.
      I agree with this. How many restaurants open and fail? A bajillion. Offline business requires more capital and can be just as hard.
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  • Profile picture of the author Mark Singletary
    Very good points - much needed by many.

    I think that there are other options instead of IM only versus offline only. I personally have both in place.

    One is to make your own way in the IM world by doing all the things you said offering value, etc. in your own ethical and moral way which means you wouldn't follow many of the guru and guru wannabees examples.

    I would never sell the things you mention for the same reasons you wouldn't but I would (and do) sell things that work, things that are helpful, things that enrich people's lives in some way and sell them in a manner that is moral, ethical, legal and passes the "smell" test. Sometimes things are legal but they smell scammy.

    For example, many people sell WP themes or plugins that have big launches then the developer quits supporting them once the launch is over. The promised lifetime updates never come. Bugs don't get fixed. That isn't a model I would follow no matter how much money there is to be made.

    But I would sell the same thing with proper support, ongoing updates, etc.

    Your post here kind of makes my point. You have created and added a lot of value to those willing to listen. You have helped. You have done something good. And because you took this approach, some people maybe are more likely to buy your book or look up your consulting site.

    Again thanks.

    Mark
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    • Profile picture of the author Shana Walters
      You can be brutally honest with me, I can take it.

      Best Regards,
      Shana Jahsinta Walters.
      Signature
      Write until my fingers fall off. LOL!!!
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