WOW! I can’t believe the response I got from my last post.
In light of that I wanted to do a follow up post on what I’ve learned through this whole experience.
In a nutshell here’s the TOP 5 things I learned :
#1 NOTHING LAST FOREVER
No product, or traffic source lasts forever. In particular, if your business is dependent of ONE traffic source for 90% of your sales you’re treading on thin ice.
Whether it’s PPC, SEO, mail order or whatever, it can dry up FAST.
You NEED to have several SOLID traffic sources that are making you money.
As far as products, every product has a life cycle and unless your coming out with (or promoting) new product on a regular basis your business is on it’s way to a slow death.
#2 SAVE MONEY FOR A RAINY DAY
I had a good chunk of change saved up in the form of liquid assets that got me through these last 6 months, and paid for my investment costs.
#3 FOCUS ON THE POSITIVE & DON’T LET FEAR TAKE HOLD
Fear is the only thing that will cause you pain, keep focusing on what you’re trying to accomplish and get busy working towards it.
The more you focus on the past and what you could have done differently OR on what will happen if you were to fail, the more pain you cause yourself.
EXPECT to WIN. And keep working towards building (or re-building) your business.
I know the feeling of FEAR. Fear so bad that your stomach and back starts hurting.
When you push forward in spite of that level of fear, NOTHING WILL STOP YOU.
#4 YOU HAVE NO IDEA WHAT YOU’RE CAPABLE OF
Until you’re pushed WAY out of your confort zone, you have no idea how POWERFUL YOU REALLY ARE.
There’s a power within you that is GREATER than any obstacle you’ll ever face.
#5 BURN YOUR BRIDGES
My mindset has always been : “I will succeed or die trying!”
If you don’t burn your bridges, you’re NOT a 100% committed.
If you’re not 100% committed, you’re dead in the water.
I’ve always been reluctant to burn my bridges – letting fear get to me. Thanks Profit Swami – feeling much braver now.
Hi Amit,
Good to see this post. These are golden nuggets! As for multiple streams of income (Rule #1), that’s a must with online marketing. But you MUST master one thing first before moving on to the next thing. That’s the major change that has made the biggest difference in terms of income growth. After mastering, outsource it.
Cheers,
Anthony
Wow. Great Amit. The golden words that really matters.
Cheers
Javier
“If you don’t burn your bridges, you’re NOT a 100% committed. ” that’s some heavy shit…sounds great, but how many of us have the guts to do this? Is this the only way?
its really true to keep away from fear to achieve great success in life
Hi Amit,
Good info.- How does one go about meeting you?
Thanks for the great post Amit! It was very uplifting and encouraging.
Also, I couldn’t agree more with #1 on your list. I’ve recently been thinking about different ways to diversify traffic sources because I realize I’m relying way too much on Google.