Most of my posts focus on what you should do, but you can learn more from what not to do.
Here’s some excellent advice from my mentor, a multi-seven-figure income earner, who now can look back and see what he would never do if he wanted to make his first six figures and then go on to make seven figures.
𝟏.) 𝐘𝐨𝐮 𝐝𝐨𝐧’𝐭 𝐧𝐞𝐞𝐝 𝐦𝐮𝐥𝐭𝐢𝐩𝐥𝐞 𝐬𝐭𝐫𝐞𝐚𝐦𝐬 𝐨𝐟 𝐢𝐧𝐜𝐨𝐦𝐞
One of the most prominent lies gurus try to sell you is the need for multiple income streams.
Thinking about it… Why do they tell you that you need multiple streams of income?
Simple, it’s profitable for them when you keep buying more products you don’t need.
Multiple income streams are great once you’re a millionaire and have lots of money to invest in growing your wealth.
The reality is you have yet to become a millionaire, so trying to create multiple income streams is costing you the ability to make a lot more money.
What you focus on grows.
When you spread your focus and you’re a one-person/woman operation, your primary source of income will come crashing down.
The old stat that the average millionaire has 16 sources of income is no longer valid.
You can make 1 million + with just one offer. Thousands and thousands of people have done it.
If you can’t make one source of income work, I guarantee you will not make numbers 2, 3, and 4 work.
𝐺𝑜 “𝐴𝐿𝐿 𝐼𝑁” 𝑜𝑛 𝑜𝑛𝑒 𝑡ℎ𝑖𝑛𝑔.
Once you’re crushing it and have a team to help you, then you can diversify.
𝟐.) 𝐃𝐨𝐧’𝐭 𝐅𝐀𝐊𝐄 𝐢𝐭 𝐮𝐧𝐭𝐢𝐥 𝐲𝐨𝐮 𝐦𝐚𝐤𝐞 𝐢𝐭
Nowadays, everyone is trying to look like they’re successful and play business instead of building a real business that makes lots of money.
Once people realize you’re full of it, all trust is burned.
We live in a “transparency” society, and people would instead do business with honest people, help them, and add value to their lives.
So spend less time trying to look successful and convincing people and more time learning the skills and helping, and you will make all the money you could dream of.
𝟑.) Give 𝐕𝐚𝐥𝐮𝐞 𝐟𝐢𝐫𝐬𝐭 𝐚𝐧𝐝 𝐬𝐞𝐥𝐥 𝐬𝐞𝐜𝐨𝐧𝐝
I see many affiliate marketers being very aggressive in their approach.
They’re desperate to get a sale, so everyone they come across they try to pitch them a product to buy.
No one gets on social media to buy stuff.
We get on social media to destress, learn, and connect with friends.
Lead with value by trying to help people, and you will make insane money because you’re doing the opposite of what 99% of people do.
I’ve been delivering value for years by learning, improving, and sharing what I learn.
By doing this, people want to do business with me.
This is what I call the role of the “relatable beginner.”
No need to fake it until you make it.
Just show people you care by doing your best to help them.
You only need to be a few steps ahead of the person you’re helping.
You get better and better over time and make more and more money.
𝟒.) 𝐃𝐨𝐧’𝐭 𝐬𝐭𝐚𝐫𝐭 𝐰𝐢𝐭𝐡 𝐩𝐚𝐢𝐝 𝐚𝐝𝐯𝐞𝐫𝐭𝐢𝐬𝐢𝐧𝐠 𝐰𝐡𝐞𝐧 𝐲𝐨𝐮’𝐫𝐞 𝐚 𝐛𝐞𝐠𝐢𝐧𝐧𝐞𝐫.
Over the last nine years, I’ve spoken with thousands of people who lost as much as $50,000 on paid ads because they bought a course and some guru told them to start with paid ads knowing they had zero marketing experience.
They tell you that fast money only happens with acquiring advanced skills and a deep understanding of marketing and converting leads into paying customers.
If you have level 10 skills in marketing and you’re running ads against pros with level 100 skills, they’re going to bury you.
Focus on mastering organic marketing(free traffic), and once you can convert customers well with organic, you can make a lot of cash with paid ads.
I do pay ads and organic marketing, but I would tell a beginner to do paid ads if they can convert free traffic first.
Master the basics, and then you crush it with ads.
𝟓.) 𝐁𝐮𝐲𝐢𝐧𝐠 𝐚𝐧𝐨𝐭𝐡𝐞𝐫 𝐜𝐨𝐮𝐫𝐬𝐞 𝐰𝐢𝐥𝐥 𝐧𝐨𝐭 𝐦𝐚𝐤𝐞 𝐲𝐨𝐮 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥
The reason most people fail is not that the courses fail.
I firmly believe systems work and people fail.
It needs to be more focused; that is the problem.
Sure, are there some horrible courses out there… absolutely.
But the reality is if you have purchased many courses and are still waiting to make money, you need to fix how you think.
Once you learn to focus on one business model, one mentor to teach you, one product to sell, and one traffic source to master, and you do that for one year… you’re going to crush it!
𝟔.) 𝐃𝐨𝐧’𝐭 𝐛𝐞 𝐚 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐛𝐞 𝐚 𝐏𝐑𝐎𝐃𝐔𝐂𝐄𝐑
The #1 lesson I teach my students is less consuming and more productive.
Most people are “getting ready to get ready.”
The reality is you will never be truly ready.
It would help if you consumed 20% and produced your content 80%.
Think about it… Who makes all the money?
Producers do.
What does that tell you that you should focus most of your time on?
Most people get into an endless cycle of consuming everything they come across from many mentors, and they remain stuck because every mentor has a different way of doing things.
This is a guaranteed plan to confuse yourself and end up overwhelmed.
The key to making lots of money is saying “NO” to 95% of what you’re presented with and only focusing on 5%.
If you spend all your time-consuming other people’s content, there will be no time for you to create your own.
I don’t create content because I enjoy it.
I create content because it makes me lots of money.
I produce 90% and consume 10%.
Think less, consume less, and spend 90% of your time producing your content and connecting with potential customers.
If you’re not making a six-figure income in 6 months after doing this, I would be highly shocked.
𝟕.) 𝐆𝐞𝐭 𝐓𝐇𝐈𝐂𝐊 𝐒𝐊𝐈𝐍 𝐚𝐧𝐝 𝐛𝐞𝐜𝐨𝐦𝐞 𝐟𝐫𝐢𝐞𝐧𝐝𝐬 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐛𝐥𝐨𝐜𝐤 𝐛𝐮𝐭𝐭𝐨𝐧
The internet is a fantastic tool we have to become wealthy.
I’ve met some of my best friends and people I love.
I’ve also met some people who are negative, bitter, spew hate, and want to tear everyone down.
These people leave nasty comments, try to make you feel insecure, and love drama.
Sometimes it’s even your competitors because they’re jealous watching you level up while they stay stuck.
The best thing you can do is ignore it.
When people are not happy with themselves, they try to tear others down.
I’ve never posted a single negative thing about anyone in the history of the internet, even if they say negative things about me.
I never take part in arguments or try to tear others down.
When someone does this, I feel sorry for them that they’re so miserable with their lives they want to HIDE BEHIND THEIR KEYBOARD and try to tear someone else down who is working on improving their lives.
Become friends with the block button, and don’t allow negativity in your life.
Those are my seven tips; if I could go back, I would tell myself to avoid them.
I made most of those mistakes myself at different points in my career, and if I had avoided them from the start, I would have had success earlier.
Hopefully, this was helpful for you and will help you avoid some of the costly mistakes I made.
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