How much does "mindset" play into the success of your business?

Looks like 70 / 30 as an important factor.

I don't know if my sticking with IM despite the difficulty is mindset per se. Maybe I'm just stubborn or too proud to quit.

I'm definitely obsessed, but learning and growing in this field energizes me. And I do think being positive is way better than being negative.

Anyway, lots of great feedback. Good to see that mindset does play some role.

I LOVED READING THIS SO MUCH. Thank you

well your fat doctor can do the same thin .. buy telling a person they need to eat right and exercise more ..and take your med right ..because they need to tell you some advice you will probably ignore

telling someone to have the proper mindset without really trying to explain what it is.. is the same as the doctor telling someone to eat right and exercise more .. without getting into any real depth what that would be for that patient..

because with current research and genetic testing . you can test and find out what food are actually healthy for you to eat based on how your body responds

There's a lot more to mindset than pep talks and positive thinking, Claude. We should discuss it sometime.

Why do you say it's almost impossible to teach?

I can say stories usually do the trick, giving an example...a person has to change their own thinking, their own beliefs, but if you put an example in front of them they can pick up on it.

Let me use a real world for-instance. Ever watched the show The Profit? Marcus will often take a "down in the dumps" business owner he just partnered with to an operation across town or in a nearby city that is an example of a similar business. But this business is running right, it's bustling, it's organized, and it's profitable.

That example shows the new partner that "it can be done." Their attitude perks up because their mindset has changed.

Instead of focusing on the failures and what is wrong, they start focusing on the new picture of success that's suddenly possible for them in their business.

That's a mindset shift.

Another example...

One of the big factors determining mindset is Money Tolerance. In my experience it's one of the 20% of the limiting beliefs that determines 80% of the reality an individual experiences.

So if you think "$500 is a lot of money," you'll probably struggle. Your marketing will be aimed at $500 customers because you think that's "a lot of money" and therefore everybody else must think it is, too. Prices of say $1000 or more will scare you. Even if the opportunity to sell something for say $5000 was put in front of you, you'd not even try out of disbelief or you'd find ways to screw the sale up.

Money Tolerance can be deliberately shifted, like moving the goalposts, if you're aware of your current belief and want to change it. I can't come in and force a change on this for you, but I could show you that and how other people are selling at a higher level and that could pave the road to change for you.

Mindset is huge. As I said above, if you don't think you can do the thing, you won't even try to do the thing. You can have an effective sales process, but if you don't believe you're a salesperson you won't try to sell.

a minor mindset shift would be to drop the internet part from internet marketing ..and be a marketer ..

I'm gonna give you an example here.

Let's say I give you a system to make $2Million a year by making 4 X $500K profit sales.

You probably won't do it.

Doesn't matter how good the system may be. Everything may check out. You may like it. The idea may even excite you.

But $500K is probably an "unbelievable" amount of money for you to earn in one go.

So your Money Tolerance, which is a key factor of mindset, stops you.

Happens all the time. Some fella who's been selling cell phones for $400 in a store, $100 down or whatever, is told, "Wow, you're so great at selling! Why don't you try selling luxury cars at the Lexus lot?" Goes to the Lexus lot and fails. Why? The price tag of the luxury car sale is way over his money tolerance. Doesn't see himself as the guy who sells $100K automobiles.

Everyone has a money tolerance. It's a moving goal line but for most people that line is subconsciously (= not deliberately chosen) set. And it's usually L-O-W.

So IMO the system is what's overrated. The newbie concentrates on the system (how many times have you seen "Just tell me what to do and I'll do it"? Yet those are the worst action takers around.) Somebody with sufficient money tolerance will do the work and figure the system out for themselves.