Making money, 101 to 999...your thoughts?

Cool. : ) Thanks for the share.

Hi GordonJ.

Thanks for the David Schwartz recommendation. Another great book. : )

Regarding "Thinking Big" ― sometimes having low "Self-Esteem" can be the "catalyst" for wanting to achieve more in Life. Something I learned from Napoleon Hill and W. Clement Stone ("Success Through A Positive Mental Attitude") is something they call:

"Inspirational Dissatisfaction." Basically like it sounds: Being dissatisfied by something can be the inspiration for achieving more.

Yes, you are both right (discrat too).

Success has many definitions, and is totally subjective. When it comes to either Entrepreneurship or desire to be independent, those people born without much help as far as DNA or childhood experiences have what Napoleon Hill called the Mastermind association, and the ones who overcome their innate limitations are often found with good mentors, role models and associations.

Sure, not everyone is cut out for Entrepreneurship, but giving the benefit of the doubt to most WARRIORS, who come here to find help, seek mentorship, develop associations and the skills needed to become whatever their version of success means...

I feel that Warriors, for the most part, are not in that group of the people challenged by DNA or circumstances.

If making money is a person's idea of success (and for many it is), I know plenty of stupid people in this world who would be considered very successful.

I'm not trying to argue your points, I agree, just that here, at the WF, I'm going to cut our members some slack, until they prove otherwise.

And as it goes, making money, especially with IM does not require a lot of brain power or even knowledge but it does ask for persistence and focused activity with adjustments in the directions of one's goals.

GordonJ

P.S. To the point of my original post, I wonder how many Warriors use any sort of a Private Label agreement other than PLR? Is anyone getting their stuff via Private Label? I think it would make for a good discussion.

My thinking majorly started to shift when I work on the strip in Las Vegas. I saw people who could make a lot of money a day and not keep a roof over their head . While other people who had been doing it for a decade had bought houses after the Great Recession. . And owned costume he rented out to people to work with him. But he wasn't from the USA

But being out on the strip all hours of the day and into the night was a rough environment and you make 100 dollars in 20 minutes an 20 dollars in the next 5 hours

But I realize the amount of anger I was filled with. And I saw enough people destroying their lives to bury emotional pain that is was the main thing I had to fix when I left Vegas. And I think I a only fully settled down in the Las few months

I understand what you are saying . I am just pointing out why so many people born into poverty in the USA stay in poverty. Or what is considered poverty in the United States.

Where people who immigrate to the USA from much worse poverty . Tend to not stay in poverty generation after generation

I have to be careful because I basically want to say people conditioned to living in poverty and that social environment in the USA . Generally can't adapt to living outside that environment a small number can .

What's weird is that I know what some people did with their check, they came in my store and bought a high end vacuum cleaner.

We used to be located right next to an H&R Block office. People would go in there, come out with their refund check, and walk ten feet to our store, and spend it all.

Many people cannot wait to spend every dollar they get. Stand in any gas station line, and see the people who spend their money on cigarettes, beer, and lottery tickets.

What did I do with our stimulus checks? I just added them to our retirement fund. But that's an older guy with the wisdom of age. A 25 year old Claude would have just spent it on nothing.

I sent it to a good friend.
A paraplegic street musician.
He modified his wheelchair.
He integrated a speaker setup connected to a mobile phone and a karaoke app.
Along with holders for shakers and tambourines.
And he worked alongside his dog, trained to wear a neck-strapped donation bag and walk over to the audience ...

But he completely lost his sole livelihood.
Because of this global crisis.
And our local quarantine policies ...

That stimulus check was for 6K PHP (125 USD).
And it was the best $125 that I gave away ...

Because I learned that the happiest people on the planet live their lives, in their own terms.
He passed, last year, from complications of bone and muscle bedsore infections.

Forums make me snarky for some reason. But wealthy people didn't get stimulus checks. They phased out at $ 75K income for single and $ 150K for married.

Yup.

Another way anyone with a computer can make money is to shop in yard sales and estate sales...put the items on E-bay. I know a few people making a really good living just doing that.

I used to make a small fortune just putting classified ads in newspapers offering to buy specific things cheap, and another ad selling them.

I have been eating pizza all my life. If I never make and sell pizza I can never claim to be in the pizza business.

In the IM world just buying products regularly let people claim to be entrepreneurs and in the IM business .

The cumulative efforts probably don't even amount to anything that be called trying

Trying means you apply effort and something fail. Rather the attitude is the marketing made it look easy but reading through the first few page of this e course . This might take work.

OK, I group them more in the Doers, sellers, business owners.

By that I mean the people who working their business, doing physical work.

Sellers are almost all buying and selling. That's how they make nearly all their money.

The Business owners, i separate because i mean these are the business owners that chiefly are growing their business. I've known all three extensively. To me, professionals are just doers or sellers with a permit or a license on the wall.

Doers. I know, from your post , that you actually met these people. you are right, the majority are anti-social, and that's why they don't have jobs working for someone else. If I need someone to cut my grass, it may take three phone calls to listings before one returns my call at all. I don't know how these guys survive.

And yes, most make a subsistence living.
For example, in my core business of retail vacuum cleaner sales, the majority of the industry is made up of doers...thee are repair people that rent a small space and spend all day repairing vacuum cleaners. To them, they get paid by the hour. Most earn about the same as a decent job. Almost none make enough to grow or save any money. It's week to week.

The sellers are a little different. 90% of sellers barely make enough to survive. But at least 10% actually make a good living. In my retail niche, the guys that actually sell, make far more than the repair guys. But even the sellers in my niche almost never read a book on selling.

In fact, at my industry's annual trade show, about 2,000 retailers show up. These are at least able to afford the trip. These are people who all have a retail location, advertise at least a little, and have a business phone.

Of the 2,000...maybe 1,200 are basically repair people who work for themselves. Maybe 800 actually make sales on a daily basis. How many actually show up to marketing and sales seminars? Maybe 100. and every year, it's the same 100. These are the people that are real sellers. But they are also the ones I call business owners.

Business owners are the marketers. They may also know selling, but not always. But they always study marketing.

My guess is that 5% of people that own a business know anything at all about marketing or selling. Unfortunately, they don't really want to know. The 5% that are actively growing their business are the ones that study marketing, read books on selling, and are friends with the other people at the top of their industry.

You said "Also, in professionals, talked to one of the most successful Commercial Realtors in town, and another, just down the street, one is BOOMING, the other starving. Difference? Don't really know, but just from our chatter, I'd say it was a MINDSET problem for the guy struggling, complaining he can't get listings, too much space available, too little demand, and the other doesn't have enough hours in his days for his business."

Man, that sure rings true. I've been told the same thing by lots of businesspeople that are starving. "Nobody is buying, the economy stinks, all buyers are liars, everyone is a low price shopper, advertising doesn't work in my area...in my business".....and they go on and on.

As I listen, I want to scream "But we are all selling the same people! In the same area, the same consumers, the same economy, the same weather, the exact same prices".

And after decades, the painful truth is this...they are doing it to themselves. And they cannot see it. This is who they are. And if you tell them how to double their business, they won't believe you. Why? It isn't who they are.

If they suddenly made a good living, and started actually growing their business...they would have to change who they are...change what they are, how they think. They would have to change their friends, maybe lose the spouse that is also used to life being a certain way.

When I was a very young man, I remember my car's gas tank was always under a quarter of a tank. I had friends that never had a full tank of gas. One day it dawned on me "For a one time price of $15,(more than I'm spending now) my tank would always be near full. I would never have to worry about gas again".

But for awhile, my self image was the guy without gas in his tank. So I know how these strugglers think.

Anyway, there's probably more, but I'm out the door again. I'm enjoying this immensely.

Sorry for not posting on this thread sooner. I have been in Importing product from China purgatory.

A couple of points that remained in my mind...

The discussion of lawn care individuals and how the heck do they stay in business. I happen to provide services for a good amount of these individuals. The problem is they "Work" so if you call them at 2 in the afternoon, no they do not answer, they are working. The solution I provide for my clients is to "Set Expectations" In all of their advertising and even their voice mail message... "It is best to call between 5pm and 7pm for new inquires" Obviously doesn't work 100% of the time, but it sure helps a whole lot.

And this leads me to the next point. Sales DOES NOT equal work, and Generating leads DOES NOT equal work. How many times have we heard advertising takes to much time or selling takes to much time? Using the lawncare guy above, but you can insert a shop owner or a service provider, or any tradesman into this scenario... They are to busy WORKING 8 hours a day to do any of this stuff that might actually get them business. Pushing a mower is "Working". Standing behind a register in your little mom and pop store is "Working" Being out in the field replacing freon in an AC system is "Working" and in ALL of these instances, the annoying phone call of do you have or can you fix is taking them all away from "Work".

So to get passed this you have to "Grow" In one of 2 directions. Someone else is doing the work, OR someone else is answering the phone. And to be honest finding someone competent enough to do either of these is not an easy task. I know more than my share of people that have delegated to their significant other, and I am not so sure that is a viable answer 99% of the time.

There is a third route in all of this as well. Something that I have personally practiced for years. dedicate a block of time each day for selling. Like the lawncare example above call us from 5 to 7pm right? 2 hours right? In the same time frame every day someone could have taken photos from the work day and posted before and after photos on social media. Or simply just post on social media Hey, I am a plumber and my office is located in X town, and we would be happy to assist you with any plumbing issues you might have.

If I am onboarding a client for each and every service I provide,., if the prospect can not dedicate 2 hours a day.. they simply may not be a perfect fit for me. I can drum up more business for a client than they can shake a stick at, but if they cant answer the phone, then no matter what I do, my services are useless to them, and wasting my time and their money. For me, and my business THIS is critical, for the relationship I hold with my clients AND for personally for my business.

Mastery - 10,000 hours. 8 hours a day, 5 days a week, 50 weeks a year for 5 years that is what mastery looks like. Is all of that time required to be successful? uh no. Does it help to know someone with the time put in already? and the answer I think is YES. I didnt know even close to all I should know to break ground on a hydroponic green house, BUT I surrounded myself with people that did. Trying to think back I am not sure I had 20 hours invested in the idea before I was making phone calls. I had a base knowledge of a small DIY project to feed my sons rabbits, and after that, it was just a matter of scale.

Towards the bottom of this post ( https://www.warriorforum.com/warrior...l#post11494254 ) I shared the amount of time it took to make a silly amount of money in a month selling on eBay. Ironically it was 2 hours a day for 30 days that totaled 56 hours in total.

20 hours in 2 hour a day increments is 10 days in total. In most things in life that one wants to do that should be all that is needed to get into the right direction towards "Success". Its simply a matter of finding someone that knows way more than you that provides their knowledge of the subject within those first 20 hours.

We live in a day and age when anything and everything is right there in front of you, you simply have to spend some time to find it. I would go so far as to say that if you spend enough time, everything you would ever need to know about just about anything is going to be FREE.

Want to know more about copywriting check out Brian Clark at copyblogger com. Want to start an online business look up Pat Flynn at smartpassiveincome com. Want someone to yell at you and ask why haven't you done this yet? check out Gary Vaynerchuk at garyvaynerchuk com

FREE resources are all around you... success isnt having the best idea in the world. Success is directly correlated to those around you. And thats the beauty of living in the current time... you dont even have to KNOW the person to reap the benefit of "knowing" them. There simply are tons of people that wear their watch on their sleeve and take off their shirt.

Hope that Helps!

There are other reasons the top earners live longer.

They tend to be smarter than average. And they need to keep up energy. If you see 100 runners, most will be more successful. They take better care of themselves, because top earners have a healthy self image, and it takes work to maintain it.

Also, they tend not to completely retire. Most don't have jobs they hate. Most people cannot wait to retire....to stop working. But achievers actually tend to enjoy the work.

And...I hate to say this, but we aren't all born with the same health, strength, intelligence, drive, self image, and willingness to do more to get ahead.

One thing that stands out to me though, is that intelligence only helps with financial success up to a point. For example, most wealthy people have above average IQs. But past 140 or so, it doesn't help more.

Spending habits are way different between the top 10% and the rest of us. Not because there is more or less money, but the way they see money. the way they manage their money. What they spend it on.

An interesting statistic in salespeople is that the top 10% of earners earn half off all the money. The other 90% earn the remaining half.

So the average "Top 10% rep" earns an average of 9 times what the average "Lower 90%" earns.

The same products, same industries, same economy, same pricing...different reps.

In fact, a big difference between salespeople and other professionals is a vast one.

With the vast majority of professions, there is an earnings bell curve. The majority of the professionals are grouped at the middle, with a small number at the bottom, and a small number at the top.

With salespeople, that curve is inverted. 10% make the real money, and the other 90% are barely surviving...with almost nobody in the middle.

Why? Because 90% of all of us don't have the ability or initiative to learn how to sell, In other professions, technical ability can make you a great living. You don't need great sales ability to be a high earning doctor, dentist, contractor, plumber, firefighter.

But in selling, sales ability is everything. It's the whole job. So the "non-salespeople" just don't make it very far. But the ones with sales ability, group at the top.

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Some good comments, and they are appreciated. These threads can often hold very interesting and deep discussions on a given subject.

I would like to make a couple of points, first, about Mastery. It is NOT required to make money online. We need look no further than the rise of social media (the precursor to rise of the monkeys??)...and the so-called INFLUENCER to see that mastery or even intelligence is not required to gain a following...

A few dance moves, some make-up, some attention attraction and BOOM, one has followers and that is all that is needed.

For those of us NOT involved in social media that way, to become "someone" (fame?) then we have many other choices.

And mastery is seldom required to extract some moolah from someone's pockets.

However, FOCUS is a requirement. Especially for Warriors who have not yet arrived at their set goals, financial or otherwise.

You must exchange value, in lieu of being "someone" worth following, and your knowledge doesn't need be at a Master's level, in fact, just a little bit ahead of the person who you may be teaching.

Many a grade school teacher only stays a lesson or two ahead of the students in the classroom, but their AUTHORITY comes from location, and force (yea, hard to think kids are forced to go to school, but they are{if not homeschooled})

You don't need to know everything, but what you offer should be actionable or have value to those who would buy from you.

Making Money 101 is a simple transaction, YOU are selling, I am buying, let's make a deal.

One thing here at WF is we see a lot of complication and layers added to that simple way of making money.

LEVERAGE is needed to go from the 101 to the higher levels, where YOU the Warrior may not be a factor, or where the product has demand and you simply fill that demand.

So, we start from a very simple idea, what are you selling?

What is the demand for it? Where? How do you get your sales message in front of the starving crowd? This is the basic premise.

The higher levels are used once your plane gets off the ground, but you can't stay on the tarmac forever, you got to kick out the chocks and get going down the runway.

GordonJ