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Should I Try Making Money Online?

This item was filled under [ Work at Home ]

My blogging colleague Paul Piotrowski recently wrote a great blog post How to Decide if Making Money Online is for You .  I recommend you read the whole thing.  In the post Paul relates how he often gets asked this question:

“Paul, should I try making money online?”

First of all, regardless how well you craft this question so that it doesn’t sound like that is what you’re asking me, it still doesn’t change the fact that you’re asking me that question.

Realize that I am not you, so there is no way I could ever make that decision for you. In fact, there is nobody out there who will ever make that decision for you. Only you can decide the answer to that question….

and offers some cogent advice as to how the questioner, not Paul, should go about answering the question for him or herself.

… Traditionally, what most people do when they are trying to make a potentially life-changing decision like this, is that they try to “weigh their options”. So, they either do it mentally or they get a piece of paper out and they start writing out all the benefits and drawbacks of going down a certain path.

For making money online, their list may look something like this:

Benefits:

  • Can work from home
  • Unlimited income potential
  • No boss
  • More time with the family
  • Flexible schedule
  • Full control over what you do day-to-day
  • Interesting, ever-changing work
  • Get to express creativity, make own decisions

Drawbacks:

  • Lack of stable “salary” compared to a job
  • No guarantee of income
  • Many “proven” systems, but not sure which one to follow
  • Constant changes in the marketplace, must stay current
  • May require some access to capital
  • Higher risk than working for someone else

At first glance, making a list like this may seem like a productive and reasonable thing to do when trying to make a decision. However, for those of you who have actually done this, you may have found – as I have – that making lists like this is pretty much useless. It doesn’t help you make a decision at all. It just complicates things even more….

Paul’s post, and especially his conclusions just rang so true to me I couldn’t resist tiding his coattails on this.

For years I was paid to work as a government staffer and my work very often consisted of nothing more than making pros and cons lists like this for any number of questions our senior leadership had to face.

We often called these tasks ‘Decision papers’, but even though they sometimes had decision recommendation tacked on the end, our generals and senior civilian officials almost always made their own decisions …often as not, contrary to their staff recommendations.

Sometimes we who were back toward the end of the tail were a little miffed when the decision wasn’t what we had worked on .. after all, shouldn’t the tail wag the dog at least once in a while?

But looking back from the perspective of time, these folks almost always made the right decision, the one they were getting paid to do.

We, the staffers, were paid to do research and develop lists of details, they, the senior leaders were paid to make the decisions.

Many of you reading this today are one man or one woman bands.  At first glance you might feel as if this talk of senior leadership is superfluous and over your head.

But I suggest you stop and give that thought another ‘think’.  You, and you alone, are the Chief Executive Officer of your life.  Regardless of your thoughts as to how well you are paid, it is your job and not that of anyone on your staff to make decisions for you.

Gather the information you feel you must have … raw, quantitative information only, the you decide, and if your decision is to execute, the execute, decisively and without doubt, hesitation and second guessing. 

It is, indeed, the only path to success.

And by the way, if you wanted to add this blog to your subscription list and/or Paul’s blog as well, I surely wouldn’t advise against it.

Popularity: 29% [?]

Move You Business to the Home — Second Secret

This item was filled under [ Curmudgeonry ]

Hopefully you came here because you read the first article in this series and you have been eagerly awaiting my second installment ;-) (yeah, right, LoL).  If you haven’t read the first installment, the links is right above where your eyes are focused as you read this ..I use a great WordPress Plug-in call In Series to make reading multi-part articles easy for you, my readers.

OK, I told you that doing something was the single most important thing you could do to get started, correct?  What’s secret number two?  Easy.  Learn! ($$$)

Bored in class
Creative Commons License photo credit: Creeper-Sleeper 

Now I don’t mean go back to formal school or do anything that’s terminally boring, but you must get you mind open and start believing in yourself.  You already know how to be successful, but the problem most of you have is, you won’t allow yourself to succeed. From time to time as I write this series I may try to sell you something like a product that will actually require you to invest in your future success.  Don’t worry, though, I’ll clearly note any time I might chose to do this, though.

Right now I am going to sell you something of great value, literally infinite value to you, and it won’t cost you a dime.  The product?  It’s Y-O-U.

I don’t care if you are a teenager who thinks they know nothing trying to earn a hundred bucks to buy an iPod or some other trendy item, a single mom trying to bring in an extra few bucks a day so your kids can get their teeth fixed, a formerly successful business executive who just found out that J,O.B,s (Just Over Broke) are not forever, or a retiree who suddenly found that your 401k (and other government-sanctioned scams of the working man) is not worth the paper its terms of service are printed on.

YOU (and actually only you, if you think about it) can initiate your own success.  Are you ready to take the journey, or are you going to lag behind and wait to see how the rest of us who have decided to jump on the train are doing?

Sit and watch if you wish, but remember one thing about that course of action … unlike your final destination if you choose to actually do something, I can guarantee your success if you sit and wait … zero.  nada.  Nothing.  Einstein is credited with the saying, “The definition of insanity is doing the same thing over and over and expecting a different result”.

You already know the result of doing nothing … else you wouldn’t even have found this article about Home Based Business … you are taking the first step away from that TV or sitting in the old folks home complaining about how much the government isn’t providing for you.

So let me leave you today with this one action … build a business plan … or more accurately a plan to succeed.  And I don’t mean one of those 30 page super color graphics sort of business school plans (unless you really believe in them … this is one formal planning tool I recommend if you do want to go formal … $$$ not free)

What I mean is one like my plan:

  • I will provide information that people need.
  • As they come to find the information they need, I will provide everything I can from my own resources
  • I will recommend (and collect sales commission for providing same) quality products that will actually help them on their journey.
  • In addition I will also provide commercialized information (for which I will be paid) as visitors make me aware of what they have a real need for.

Can it get much simpler than that?  I said this chapter was about learning … so you probably thought it would be full of all sorts of technical subjects and buzzwords like ‘affiliate marketing’ and “PPC” and “SEO” and all that other stuff that makes you eyes glaze when it is new and strange to you.

Nope, the first step in the learning process is to learn something about yourself.  Many of you may not be interested in being a “publisher” or an “Information provider”.  That is great.  In fact it would be boring if everyone wants to do the same thing.

What will you do, with your own unique talents and desires to succeed?

… Again here is one paid commercial product that really has some good answers inside that I recommend as a learning tool in the process of building your own, income producing venture

but there is no need to buy into anything, except yourself, to start the journey.

Popularity: 12% [?]

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