Have you seen that iceberg already in my Wealthy Affiliate review?
In my opinion, it illustrates greatly the price for success. How do you understand success?
One great definition of success is “The correct or desired result of an attempt.” In other words, you do something and when you get the desired result, you have succeeded.
What does success mean in online business? For many people, it means extra income, full-time income or financial independence. What is a success for you in online business? $200/month, $1,000/month or $10,000/month?
There is Always a Price for Success!
Let’s say that you want to earn the full-time income online, working from home. In order to achieve that, you need to work a certain amount of time. You need to learn the skills to provide value for people. Then you need to reach the people for example in your website, social network or on the email list.
First of all, this requires time. You can’t expect to learn everything in one day. But you can expect to learn it in one year.
But the interesting thing is that when people start the online business and confronts the first failure (see the iceberg), many people quit. Some people succeed for the first try but most of the successful people have failed many times before making the real breakthrough.
Thomas Edison failed 10 000 times before inventing the light bulb. How many times you are willing to fail?
Before I thought that failure is the opposite of success. Now I know that failure is the part of success.
Disappointments and THE GOOD NEWS
We disappoint usually when our expectations don’t come true in the real world. That may happen in our life. We don’t know what the future brings.
But remember the Good news! There are also a lot of situations when you get more than you have expected. Like this guy who started earning over $10,000/month after working online for a bit over one year.
Don’t let your expectations define your success.
Sometimes you will get more than you expected, sometimes less.
Focus on giving your best and you will get what you earn. If you get fewer rewards than you expected think how you could work better next time and get rewarded bigger.
Price for Online Success
Success online isn’t different than success offline. There are no shortcuts. (Although some scammers so claim falsely!)
You will need to work. You will need to learn. You will need to be persistent.
But think about the consequences. Work for a “normal job” for 3 years. You start by earning $2,500/month. And after 3 years you are still earning $2,500/month or if things go well $2,600/month. Would it be better to work online for 3 years and start earning $10,000/month?
I’m not saying that you will automatically earn $10,000/month after working 3 years online. It depends on highly how much you are willing to work and pay the price. As I said before you will get more or less as you have expected. But don’t let your expectations define your success.
Having an online business requires also some discipline as any other important thing. You may just want to scroll Facebook news feed but that doesn’t build your business. You need to focus on the most important things. Good concentration will give you better results in less time. (Remember Pareto 80/20 Principle)
Good Concentration -> Good Results. Bad Concentration -> Bad Results.
Are You Willing to Pay the Price?
Those who pay the price will get the prize. Nothing worthwhile in life comes without work and the price. You know it’s easy to get a fast pleasure eating fast food, drink beer, horse around with your friends or and doing things like that.
If you want to be fit, earn $10,000/month or achieve something worthwhile, honestly, sometimes you need to delay the gratification.
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But think about the prize. Is it worth it? Where do you want to be after 3 years? If having an own online business and earning passive income would be great results start your own online business in Wealthy Affiliate for free today!
Great post friend and I think it is a lesson for everyone. I think if everyone actually looked at all the successful people in the world they will find one thing in common.
All have work hard, had ups and down’s,dedication and for me personally Patience!!
I think patience is a killer in any business and it is one of those emotions that really needs to be kept in check.
But it truly is hard to do and I struggle every week with it but I just keep on going 🙂
Nice insights Joel. Patience is interesting. I think that the lack of patience happens when our dreams don’t come true as we sometimes would want. For me motivational thoughts and videos give me patience to work and wait for the results. As the world-known motivational speaker Zig Ziglar said “People often say that motivation doesn’t last. Well, neither does bathing – that’s why we recommend it daily.”
I hope that you will have enough patience until you see the results 🙂
I know of a very few people that are willing to work for 3 hours extra a day to build their own business. Some people think that if they work for 30 minutes a day that they will make $10 000 per month in just 6 months.
It takes a lot of blood sweat and tears to make it in this industry but once you get there, then you will realize that it was all worth it.
That’s true Viljoen. Many times people tend to what “events” where they would make big success but usually it’s a process.
Yes, it takes “blood sweat and tears” and 30 minutes/day won’t be enough for $10,000/month. I talked with Colton James who started making $10,000/month after working about a year online. He said that in the beginning he was very ambitious and some days he would even work 10 hours a day for his business. And the most productive days he wrote 3 blog posts/day. That’s what I call “Hard work” 😉
I wish you success Viljoen!