Starting out, Getting skills, Overcoming wantrapreneurship - please help

by jt rum 16 replies
Starting an e-commerce business has been a goal of mine when I was still in the Navy before college, so 8 years? Even my Business degree, I thought, would help me. Yet I've made exactly zero progress towards it.

I've read a ton of books. Probably 3 or 4 a month, on a bunch of topics, but I always come back to the ones on the topic that serves this goal. E-Myth, Think and Grow Rich, Immutable Laws, 4HWW, Managing Oneself, etc etc. And nothing.

I know the goal post. Working from home, setting my own hours, increasing income to what I think I'm worth (probably overestimated but eh..)

Copywriting looked liked a route for me to get some side income going to invest. But I sat down to write my UpWork profile tonight and realized that I just don't want to do what the higher earners in the field have done to get there.

So where does that leave me but once again feeling lost and confused.

Someone kick me in the ass, please.
#mind warriors #overcoming #skills #starting #wantrapreneurship
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  • Profile picture of the author SARubin
    Originally Posted by jt rum View Post

    Starting an e-commerce business has been a goal of mine when I was still in the Navy before college, so 8 years? Even my Business degree, I thought, would help me. Yet I've made exactly zero progress towards it.

    I've read a ton of books. Probably 3 or 4 a month, on a bunch of topics, but I always come back to the ones on the topic that serves this goal. E-Myth, Think and Grow Rich, Immutable Laws, 4HWW, Managing Oneself, etc etc. And nothing.

    I know the goal post. Working from home, setting my own hours, increasing income to what I think I'm worth (probably overestimated but eh..)

    Copywriting looked liked a route for me to get some side income going to invest. But I sat down to write my UpWork profile tonight and realized that I just don't want to do what the higher earners in the field have done to get there.

    So where does that leave me but once again feeling lost and confused.

    Someone kick me in the ass, please.
    jt,

    You've just answered your own question, my friend.

    If you're looking for some easy way to make the big bucks, there are plenty of GooRoos (translated = Scammers) out there who will sell you the keys to the kingdom.


    You know your goal post... but a goal without a plan of action is just a pipe dream

    You've read a ton of books... But knowledge without concentrated action is only "potential" energy.


    Do you see a theme beginning here? 1 concentrated ACTION towards a goal, is worth more than 100 ideas never acted upon.


    You say you want to work from home, set your own hours, increasing income to what you think you're worth... But WHY do you want those things?

    Think deeply about this. Because without a strong "reason why" you want it, as soon as things get a little tough, most people quit, because the obstacles are bigger than their motivation to succeed.

    Your "reason why" will give you motivation through the hard times. But if your reason is not strong... then it's weak.

    So think hard about why you want to be an entrepreneur. ("I just want it, because I want to be my own boss"... is not gonna get it done!) Why do you want to be your own boss? Go a couple levels deep to find what achieving your dream will actually do for you, and the world around you.


    Mostly, quit whining about wanting to be your own boss, and just take some action!

    Go build your e-commerce site... find something to sell (something that people actually want)... start using some of your book learning to actually market your site... learn from your results... improve your methods (rinse and repeat)

    Hows that for a "kick in the ass?"
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    SARubin - Direct Response Copywriter / Advertising and Marketing Aficionado
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  • Profile picture of the author Jason Kanigan
    You have to pay the price for what you want.

    If you're not willing to pay the price, then you won't get it.

    You need three systems to make money:

    > a lead generation system
    > a qualification system
    > a closing system.

    The first brings in people to talk to. The second makes sure they're a fit for you and you're a fit for them. The third gets you the orders.

    If you're unclear on how any of these will work for you, then you need to work on that because not having clarity on these three will suck the enthusiasm from you. So check.

    Upwork is one platform and a low ticket one at that. Its promise is in the leads department: you will be able to get leads on projects there. But you still have to qualify and close those leads to get orders and make money.

    Out of the books you've mentioned, Think And Grow Rich is the one you should return to. You need to get your PLAN written down, as SARubin noted. You don't have anything to systemize yet so 4HWW and E-Myth are not as useful yet. (That's the 4th system, a Fulfillment system. You need customers and the experience of working with some of them to make these other books useful.)

    If you want fruit, you have to be willing to plant an orchard...or at least take care of a tree.

    If you want a ton of potatoes, or wheat, or eggs, you have to pay the price of being a farmer.

    If you want money, you must pay the price of setting up and running those three systems.

    I've written and made videos about the price of success: it is not a pleasant thing and often you will discover it is not what you expected it to be. Sometimes it is fun. Sometimes it is awful. The Unexpected will stalk you at every turn.

    But I believe you could say those same things about farming, or refining oil, or writing a fiction book series, too. There is no escape from paying the price. The question is: are you willing to pay it?
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  • Profile picture of the author tagiscom
    Originally Posted by jt rum View Post

    Starting an e-commerce business has been a goal of mine when I was still in the Navy before college, so 8 years? Even my Business degree, I thought, would help me. Yet I've made exactly zero progress towards it.

    I've read a ton of books. Probably 3 or 4 a month, on a bunch of topics, but I always come back to the ones on the topic that serves this goal. E-Myth, Think and Grow Rich, Immutable Laws, 4HWW, Managing Oneself, etc etc. And nothing.

    I know the goal post. Working from home, setting my own hours, increasing income to what I think I'm worth (probably overestimated but eh..)

    Copywriting looked liked a route for me to get some side income going to invest. But I sat down to write my UpWork profile tonight and realized that I just don't want to do what the higher earners in the field have done to get there.

    So where does that leave me but once again feeling lost and confused.

    Someone kick me in the ass, please.
    Kick you in,....pffft, lol, l asked how can l make as much online asap, when l signed up 7 years ago, and got Half past eleven, and other silly answers, but get it now, but you clearly want brutally honest, not silly.

    Self help books, yes, l also read a box of them, and that was a reasonably big box, but slowly realized that l was only making them rich while l got little from it.

    So l sold them off, and kept a few that actually were of benefit, namely, Talk and Grow Rich, (Think and Grow, is entertaining but useless, unless you want to sink an oil well) and Robert Koyosaki's, Rich Dad, Poor Dad.

    One shows you how to program your subconscious, to give you great ideas, (which actually works, to a point), and the second, shows you how creating an asset, is paramount, to success.

    The E Myth is good, but unless you want to open a bakery, not so much.

    A business Digree is also pretty useless, as it covers theory and how to set up a business by the book, but less so in the real world.

    I am also doing a business or have done Micro Business Management, which covers graphs, charts, cashflows, tax, 2 year projections and so forth.

    But it doesn't give you success on a platter, you have to go out and grab it.


    I have tried creating sites from scratch, (created almost 10, including a blog) and software, and name lists, and WSO's, and products and PDF's and anything else l could try,.....and PPC.

    And it has all been a failure fest for the most part, but l have also learned what doesn't work, or used the process of elimination.

    And got some small breaks alone the way, (picked up tools and skills).


    It took me 6 years to figure out that the number one issue to create wealth online is traffic.



    Solve that and the biggest obstacle is gone?

    So l concentrated on hub sites with their own traffic, (usually Adwords) and tried Fiverr, (limit of 20 products, and only service based, but it does make some money, but up to $700 a month is probably it).

    Then concentrated on other ones with no ceiling, and you can sell products 24/7 on autopilot.

    Graphicriver, or one of its other sites.
    CreativeMarket, (hard to get in, but no review).

    And others which are pretty useless at present, for flyers, at least.


    I have also figured out how to do flyers at speed, so believe that l can make a success of it over time.


    So for you, probably concentrating on hub sites, working hard, thinking critically when needed, and by that meaning, think like Spock, with a gun at your head.

    And keeping at it no matter what!

    When you think like that, then all of he BS, disappears, and the emotional attachments, and working hard at dead ends, and clarity of thought and getting rid of stupid self set limitations takes it place.

    Don't underestimate what l said, .....maybe l should write a book, "Critical Thinking for Dummies", nah.

    Good luck.

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    • Profile picture of the author Jason Kanigan
      Originally Posted by tagiscom View Post

      (Think and Grow, is entertaining but useless, unless you want to sink an oil well)
      That's odd...I used TAGR's "brief" idea to land my first plant manager job at 25, 17 years ago.

      I've returned to it again and again over the years because it shows you how to imagine a better business and life for yourself.

      Where I find most people fall down is on the "accurate thinking" part. Accurate thinking is often unpleasant. It forces you to confront the truth. Those who would rather blame others don't like that at all.

      TAGR gives you a framework for organized thinking. It's valuable. The question is whether people put it into action or not. How many people have read about the "brief" idea? And how many of those actually made one? In my experience, besides me, zero.

      Maybe consider revisiting this one? It's free on Kindle and as a pdf online.
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      • Profile picture of the author tagiscom
        Originally Posted by Jason Kanigan View Post

        I've returned to it again and again over the years because it shows you how to imagine a better business and life for yourself.

        Where I find most people fall down is on the "accurate thinking" part. Accurate thinking is often unpleasant. It forces you to confront the truth. Those who would rather blame others don't like that at all.

        TAGR gives you a framework for organized thinking. It's valuable. The question is whether people put it into action or not. How many people have read about the "brief" idea? And how many of those actually made one? In my experience, besides me, zero.

        Maybe consider revisiting this one? It's free on Kindle and as a pdf online.
        Critical thinking ok, l might take a squiz at it in a bookshop, l read it several times, almost 10 years ago, so.

        Organised thinking sounds like what a scientist would do to achieve some aim.

        True, way too many idiots about that don't confront the reality of a situation, and dismiss the obvious, at least til it is proven, then some still act like idiots, but in a more psychotic form.

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        • Profile picture of the author Jason Kanigan
          Originally Posted by tagiscom View Post

          Critical thinking ok, l might take a squiz at it in a bookshop, l read it several times, almost 10 years ago, so.

          Organised thinking sounds like what a scientist would do to achieve some aim.

          True, way too many idiots about that don't confront the reality of a situation, and dismiss the obvious, at least til it is proven, then some still act like idiots, but in a more psychotic form.

          Marketing IS scientific. You post a thesis (I think this traffic source will like this offer) and test it. Then adjust based on feedback. Experienced writers get better starting guesses and faster adjustments in place.

          Order and movement are the core of success.
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  • Profile picture of the author posinfo1
    You need traffic (leads), a QUALITY free offer that the traffic want to opt into. You then need to offer to the guys that have opted in for the free product some low cost QUALITY products and then you should funnel customers to big ticket high end products ($1,000 plus) that you also get an affiliate commission from.

    Ideally you should join a successful program where the front and back end products are already in place.
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    • Profile picture of the author Jason Kanigan
      Originally Posted by posinfo1 View Post

      You need traffic (leads), a QUALITY free offer that the traffic want to opt into. You then need to offer to the guys that have opted in for the free product some low cost QUALITY products and then you should funnel customers to big ticket high end products ($1,000 plus) that you also get an affiliate commission from.

      Ideally you should join a successful program where the front and back end products are already in place.
      Well, that's one funnel structure...it's not the only one.

      That's not the model I follow in my business, for instance. And we should acknowledge the money tolerance of your target market here: a well-known marketer asked on FB what people expected out of a $1000 program, and the majority of the answers were, "Not much." WF is its own low ticket ecosystem and the rest of the world is not like this place. People would do well to keep that in mind.
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  • Profile picture of the author Odahh
    are the goal pot even really yours.. or are they the hip goal posts to say you have after reading all the book and going through man biz opps ..

    so you have been in the navy(and thank you for your service ) and you have a business degree ..you have not wasted the last 8 years so nothing to feel bad about ..where you a good sailor and did you study hard to try and be near the top of your class in college .to get your degree .

    If you have no family to support right now .and you do not know what you want to do business wise .. look for jobs with start ups working around and with real entrepreneurs and get your hand in as many roles as possible to learn as many skills as you can .

    Because it is a start up it may fail..so lean to save money and build a side income from your extra time . and a network of other people .
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  • Hi, Mate

    Sounds exactly how I was feeling.

    Confused and overwhelm OMG, that was stressful.

    But don't GIVE IN!

    I found that ecom can take alot of work with very little return at the start especially when you are not making any money.

    (Im not saying its not profitable, its very profitable, but I have gone into it now after I made money and got money to test)

    So, iwas also in the make money mindset, which is wrong it should be build a business.

    Over the years I learnt so much but was always distracted by the "make money from laptop lifetsyle"

    Cutting along story short.

    I went into Local Consulting WHY?

    1. Very profitable
    2. Competition is next to nothing
    3. You dont have to be an expert to get results

    So my advice generate some revenue by providing local businesses then when you got disposable income reinvest into other models.

    I took my local cuslting business from zero to 7 figure revenue in 18months.

    Local business NEEEEEEEED it like crazy!!!!!

    Any questions please ask
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  • Profile picture of the author Bayo
    Here's the kick in the behind for you. Brace yourself.

    Maybe you don't really need or want what you think you want. Maybe you simply don't want whatever you currently have and think that the "goal" you had so many years ago is still valid.

    I'd strongly recommend that you get clarity on what your ideal day looks like and then work back from that ideal ay to identify the outcomes you need to achieve to take you from where you are now to that place in the future.

    Bayo
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  • Gotta figure the dead kinda opposite from a bein' reader is bein' a regurgitator.

    Sumthin' comes out, prolly sumthin' went in along the way.

    Question then is, HOW DO I REFINE THIS PUKESTREAM?

    Quit throwin' up, you got nuthin'.

    Mess too hard with tryin' to control input, you mebbe diss yr innate transmutationals.

    Which leavesya with VOMIT.

    Deal then becomes TALKIN' UP THE VOMIT.

    Call this Motivation On A Frickin' Stick or Projectile Stoopidity From a Self-Proclaimed Expert, but if we gonna keep quotin' that schmuck said start where you are use what you have do what you can I would wanna poola my own vomit over sum f*cker else's any day.
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    Lightin' fuses is for blowin' stuff together.

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  • Profile picture of the author ryanbiddulph
    Hi JT,

    I don't think you need a kick in the rear.

    What do you feel passionate about? What do you genuinely enjoy doing? When you do something online you have fun doing, the work is the reward, and you dive right in, and keep doing it, learning, practicing, studying, improving, and succeeding, over time.

    Tie your passion into some pressing problem. This is one way to get your online mojo going because when the fun of getting to work overcomes the fear of starting, you reach the critical tipping point for beginning to build your business.

    Ryan
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    Retire to a Life of Island Hopping through Smart Blogging at Blogging From Paradise
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  • OMG! i want to blow up
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  • Profile picture of the author tagiscom
    Originally Posted by Princess Balestra View Post

    Gotta figure the dead kinda opposite from a bein' reader is bein' a regurgitator.

    Sumthin' comes out, prolly sumthin' went in along the way.

    Question then is, HOW DO I REFINE THIS PUKESTREAM?

    Quit throwin' up, you got nuthin'.

    Mess too hard with tryin' to control input, you mebbe diss yr innate transmutationals.

    Which leavesya with VOMIT.

    Deal then becomes TALKIN' UP THE VOMIT.

    Call this Motivation On A Frickin' Stick or Projectile Stoopidity From a Self-Proclaimed Expert, but if we gonna keep quotin' that schmuck said start where you are use what you have do what you can I would wanna poola my own vomit over sum f*cker else's any day.
    This isn't a blue alien thing is it?


    Originally Posted by sauthienthu01041999 View Post

    OMG! i want to blow up
    I am glad that we cannot discuss religion here!

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  • Profile picture of the author Quenton Fyfe
    Just wanted to pick up one thing you said, because it’s been nagging me since I read your post a couple of days ago:

    >Working from home, setting my own hours, increasing income to what I think
    >I'm worth (probably overestimated but eh..)

    Having a figure in mind that you think you’re “worth” sounds quite odd to me - and I think that’s because it comes from an employee mindset rather than a business owner mindset.

    As an employee, I think it’s easy to imagine that there’s some amount that you “should” get paid. Probably based on some combination of what you got paid in the past, what your boss gets paid, what your colleagues or friends doing similar work get paid, and what you’d like to get paid.

    It’s probably a bit more than you get paid now, (because most people think they’re underpaid) - but I bet it’s nearer double than 10x your current earnings.

    Well from an entrepreneur’s point of view, the whole concept of being “worth” some amount makes no sense to me:

    I believe the amount of money I make is determined by the value of what I do for each customer, multiplied by the number of people I do it for.

    So if I sit on my backside, and don’t deliver any value to anyone, I’m “worth” precisely zero in financial terms.

    If I deliver $10 of value to 100 customers every month, then I’m worth $1,000 per month. No more.

    If I deliver $5 of value to 10,000 customers every month, then I’m worth $50,000 per month.

    It doesn’t matter how hard I work in any of the above scenarios - it only matters how much value I deliver. So there’s no ceiling or limit on your earnings - if you want to make more money, you simply have to find a way to deliver more value to more people.

    Some people make their money delivering a lot of value to a small number of people. Others deliver a small amount of value to millions of people.

    Don’t place an artificial limit on your potential. There’s no reason you couldn’t 10x the number in your head for what you’re “worth” - no reason at all.

    I’m not writing this to criticise what you said “jt rum” - I just wanted to show you a different way of thinking about your potential earnings.

    Hope that helps.
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