39 replies
Successful internet entrepreneurs aren't looking to win. They aren't looking to put their names in the internet entrepreneurship hat and hope their name is pulled to be the next huge income earner.

Instead they rely on their confidence to take action and do whatever it takes to be successful.

Do you or have you ever had a "lottery mentality" or do you have an "action mentality"

be honest

FYI, check out the how rich people think book...I'm reading it now and it's good!
#lottery #mentality
  • Profile picture of the author sidneyng
    Very good question.

    I think as long as one remains in the lottery mentality - one will always be a consumer / on a buying frenzy for that next best winning number.

    LOL. On the side, Not too sure about elsewhere, but we have a funny culture of jotting down the plate number of cars after an accident - in hopes of winning the lottery.
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  • Profile picture of the author nickgd
    I agree with the sentiment that life is not a lottery. We have the power to determine our own path in life by making the right decisions and choices. The problem most people often encounter is having the confidence to make these choices and take action. Most of us crave the security of certainty, so we self-sabotage ourselves into thinking that the best route is the safest route.

    Just imagine if some of the greatest minds in history had taken that approach. Where would we be now as a species?
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    • Profile picture of the author the brewer
      To many people want the millionaire lifestyle but are not prepared to work for it. They buy and ticket for the lottery and spend their time dreaming about how they would spend their winnings.

      It seems to have crept done in to society as a whole. You ask a young person now what they want to be when "they grow up" and they say "I want to be famous". They don't know how they will be famous but they just want to some how automatically become famous.

      I had many people who have over time said that I was "lucky" as in my previous profession as a brewer I brewed all over the world and had a lot of fun doing it. People said if they had my opportunities they would of loved to have done the same.

      I always reply the only barrier stopping people doing what they want to do is themselves. My education was pretty average when I started out and I just decided what I want to do, where I wanted to go and set out to make it happen.

      I tell others you can do the same.......you simply have to REALLY want to do it (not to talk about it). Then take action to make it happen. It doesn't have to be big steps too.

      Thinking in the right way and saying to yourself I want to this. Is a great first step.
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  • Profile picture of the author tritrain
    My retirement plan is hinging on winning the lottery.
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  • Profile picture of the author cjp214
    Originally Posted by Kenster View Post


    Instead they rely on their confidence to take action and do whatever it takes to be successful.

    Good post, and I definitely agree with the difference in the mindsets. But I just had to pull out the part above because for me, I've actually relied on my action to create confidence.

    I spent too much time waiting to "feel confident" enough to start marking big moves. I only started to see significant progress when I took what little confidence I had at the time and forced myself to act.

    In my mind, the decision was the key. "I am doing this, no matter what."

    So don't let a lack of confidence hold you back. Act and rack up a bunch of small wins, and your confidence will grow.

    Good luck,

    Corey
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  • I agree the best path to becoming successful is through good effort and steady performance over time. When value is given on a regular basis without hesitation, the client will be well taken care of. We will become successful in the long run.

    LLS
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  • Profile picture of the author natebunger
    It's all about the proper mindset. People who rely more on luck are lazy and will find every reason they can think of so they don't have to do much or anything at all. I take action because I know that unless I do so, I won't be getting any good outcomes.
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    • Profile picture of the author nickgd
      Originally Posted by natebunger View Post

      It's all about the proper mindset. People who rely more on luck are lazy and will find every reason they can think of so they don't have to do much or anything at all. I take action because I know that unless I do so, I won't be getting any good outcomes.
      Mindset is indeed an important factor. Unless we have the right mindset, success will always be elusive.

      The required mindset is one where limiting beliefs are removed and self-belief in one own's ability to success is paramount. The other essential ingredient of this mindset is that you not reticent when taking action.
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  • Profile picture of the author cajtrixie
    Originally Posted by Kenster View Post

    Instead they rely on their confidence to take action and do whatever it takes to be successful.

    Do you or have you ever had a "lottery mentality" or do you have an "action mentality"
    I think that luck can (and often does) help, but it won't make you successful. There are those people who have the occasional fluke media storm, but I don't consider that real success. It's not sustainable (and often jeopardizes their moral character).

    Real success comes from having a good attitude, not being afraid of hard work, and having endless perseverance.

    I've always believed that if you work hard, good things will come. Whether directly from your hard work or from "luck", it has to start with you.

    The universe can't help guide someone forward when they are standing still, or worse, going backwards.
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  • Profile picture of the author Joe Mobley
    Are you talking about How Rich People Think by Steve Siebold? And you would recommend it?

    Joe Mobley


    Originally Posted by Kenster View Post

    FYI, check out the how rich people think book...I'm reading it now and it's good!
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    • Profile picture of the author Kenster
      Originally Posted by Joe Mobley View Post

      Are you talking about How Rich People Think by Steve Siebold? And you would recommend it?

      Joe Mobley
      Yep, pick it up! Very easy and short read but very good.
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  • Profile picture of the author Jeff Schuman
    Good post Kenster.

    I have read "How Rich People Think" by Steve Siebold and he refers to the rich as World Class and the rest as Middle Class. There is definitely a distinction in how people think and the Lottery mentality unfortunately trumps the action mentality most of the time.

    I think we have all been guilty of that at one time or another.
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  • Don't forget that an "action mentality" is useless if you take only blind action and rely on guesswork.

    Always figure out how that particular action adds value to your business (and what it will cost you in both money and time).
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  • Profile picture of the author AlexGeorge
    A lot of people tend to just wait around in life hoping luck will come their way. They rely on a lucky lottery win, and aren't willing to go out there and put the hard work in required to make money. Unless you take action, the chances of succeeding are pretty much nil.
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  • Profile picture of the author Stefan Pylarinos
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    • Profile picture of the author cajtrixie
      Originally Posted by Stefan Pylarinos View Post

      Excellent point! I personally don't want anything that I didn't personally earn. The process is more important than the result. For example, if you look at people that win the lottery, they often lose everything and go back to where they were before simply because they didn't incorporate the habits of someone that is successful. They didn't develop the money management habits, or the mindset. I'd always be fear of losing that money, since you wouldn't have the PROCESS to get it back.

      Whereas if I went through the process and earned a million dollars, I'd have the confidence and skills to get it back if I lost it.

      Very excellent post!

      That's a really good point!

      It's the same reason that diets don't work; once the diet is over, they go back to their old habits. It has to become part of your lifestyle, or you'll never be able to keep it up! ^_^
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  • Profile picture of the author HeadStartSEO
    I've heard self development junkies say, "I don't want to win the lottery; I would miss out on all the lessons life has to offer." To me this is a naive viewpoint because it misses a fundamental truth: money buys experiences -> experiences lead to growth -> growth begets growth. I suppose it depends on whether or not you have reached a level of emotional maturity and centeredness to know how to spend lottery winnings in a way that would develop yourself.
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  • Profile picture of the author desley
    One of the main things not within the education of children at schools, high schools or even university levels or undertaken by their families: is how to become financially literate. Hence, money does become a pie in the sky ideal/hope/dream - like winning the lottery.

    Maybe if children were taught from age 5 - the value of money, how to manage money, how to make money work for you - then no doubt the lottery business might potentially go out of business.

    However we live in a society where everything has to be immediate; and must have the latest whiz bang stuff. Internet marketing is based on this also - the internet has and is turning people into more of immediate is the norm, patience is bad and if one doesn't have everything with all the bells and whistles then maybe one is not successful.

    Hence, I guess society in many respects is continually perpetuating the lottery mentality in so many different ways to children, young people, and adults alike.

    We have so many wealth creation gurus informing people - that hard work is not really a genuine part of gaining and maintaining wealth. I get emails all the time from internet marketers promising me the next big thing will give me immediate wealth and quite frankly some of the numbers are totally outlandish to put this mildly. Little wonder that people continue to have a lottery mentality.

    Breaking free of the lottery mentality is very, very challenging. We want to earn money for as little work as possible. Nothing wrong with this - to a certain degree - however when it starts to dictate one's decisions, then maybe one really does need to check in within oneself a wee bit more.

    As the saying goes, the grass is always greener on the other side. Yes, we've become rather middle class in out attitudes to the lottery mentality. What I try to remind myself is something I realised many years ago: if I want to sit on the mountain, then first I have to climb it!
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    • Originally Posted by Stefan Pylarinos View Post

      For example, if you look at people that win the lottery, they often lose everything and go back to where they were before simply because they didn't incorporate the habits of someone that is successful. They didn't develop the money management habits, or the mindset.
      Nobody is born knowing how to manage money; it's a skill. And sadly, not many people have it:

      Originally Posted by desley View Post

      One of the main things not within the education of children at schools, high schools or even university levels or undertaken by their families: is how to become financially literate. Hence, money does become a pie in the sky ideal/hope/dream - like winning the lottery.

      Maybe if children were taught from age 5 - the value of money, how to manage money, how to make money work for you - then no doubt the lottery business might potentially go out of business.
      YES!! It amazes me that no one else has picked up on this. Money management can be easily taught, so why would any instruction about it be so rare?

      If everyone had to learn how to manage money, I honestly think that the poverty rate would be close to zero.
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    • Profile picture of the author Joe Mobley
      Let me ask "who would teach them?"

      Broke, unionized, school teachers with a social agenda and no "value of money" skills of their own?

      Overworked single parents with poor decision making abilities and devoid of the disciplines necessary to make sound financial choices for themselves?

      It would be wonderful if most people had a lifelong relationship with sound financial principles (among other things.) I do think that the solution is easier to talk about than to actually implement.

      Joe Mobley


      Originally Posted by desley View Post

      Maybe if children were taught from age 5 - the value of money, how to manage money, how to make money work for you -
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      • Originally Posted by Joe Mobley View Post

        Let me ask "who would teach them?"

        Broke, unionized, school teachers with a social agenda and no "value of money" skills of their own?
        If those same broke, unionized school teachers can understand a "Rich Dad, Poor Dad" course (and I'm willing to bet that most of them can), they clearly have the ability to teach pre-planned lessons. It doesn't take a Ph.D. in Economics.

        Not that the solution would be quick or easy, but I doubt it's anywhere near as much of a challenge as you think.
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      • Profile picture of the author BambiFox
        Originally Posted by Joe Mobley View Post

        Let me ask "who would teach them?"

        Broke, unionized, school teachers with a social agenda and no "value of money" skills of their own?

        Overworked single parents with poor decision making abilities and devoid of the disciplines necessary to make sound financial choices for themselves?

        It would be wonderful if most people had a lifelong relationship with sound financial principles (among other things.) I do think that the solution is easier to talk about than to actually implement.

        Joe Mobley
        Joe Mobley is right on it....

        There will never be a Utopian world where everyone has everything they want because humans vary so widely in their motivations to acquire or conserve.

        If Americans overnight became squirrels, at least half of them wouldn't last the winter. :rolleyes:

        Bambi
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        • Profile picture of the author Kenster
          Originally Posted by BambiFox View Post

          Joe Mobley is right on it....

          There will never be a Utopian world where everyone has everything they want because humans vary so widely in their motivations to acquire or conserve.

          If Americans overnight became squirrels, at least half of them wouldn't last the winter. :rolleyes:

          Bambi

          Haha...

          btw, are you from America Bambifox?
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        • Profile picture of the author cajtrixie
          Originally Posted by BambiFox View Post

          Joe Mobley is right on it....

          There will never be a Utopian world where everyone has everything they want because humans vary so widely in their motivations to acquire or conserve.

          If Americans overnight became squirrels, at least half of them wouldn't last the winter. :rolleyes:

          Bambi
          Not to mention that we almost never really know what we want. We think we do, but what we "want" usually actively works against what we ACTUALLY want.

          If someone gave us what we actually want without giving us what we "want", we'd complain about not getting what we "want"!
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        • Originally Posted by BambiFox View Post

          Joe Mobley is right on it....

          There will never be a Utopian world where everyone has everything they want because humans vary so widely in their motivations to acquire or conserve.

          If Americans overnight became squirrels, at least half of them wouldn't last the winter. :rolleyes:

          Bambi
          The fact that people can never create a perfect world is no excuse to let society decay.

          If you teach someone to fish and he still won't fish, at least you've taught him. That alone has value.
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  • Profile picture of the author Don Grace
    In IM especially I think a right of passage is going through and breaking away from that mentality. I had it when I started... I'd make a few bucks, but in the back of my mind I'd wonder how come I didn't make a million overnight (Like the sales letters implied). So I would make excuses and sabotage any momentum instead of scaling up.

    It really comes down to the fact people don't want to work hard or think too much. They want to have the fantasy and the sales letter gives that to them, even if only for a short half hour high.

    In fact the formula for finding the primary driver in a market is "How to get _________ in no time flat for doing nothing"

    Examples...

    How to get free money for doing nothing.

    How to lose 32 pounds in 2 days by lifting 12oz beer bottles, eating pizza, and watching TV for 12 hours.
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    • Profile picture of the author Kenster
      Originally Posted by Don Grace View Post

      In IM especially I think a right of passage is going through and breaking away from that mentality. I had it when I started... I'd make a few bucks, but in the back of my mind I'd wonder how come I didn't make a million overnight (Like the sales letters implied). So I would make excuses and sabotage any momentum instead of scaling up.

      It really comes down to the fact people don't want to work hard or think too much. They want to have the fantasy and the sales letter gives that to them, even if only for a short half hour high.

      In fact the formula for finding the primary driver in a market is "How to get _________ in no time flat for doing nothing"

      Examples...

      How to get free money for doing nothing.

      How to lose 32 pounds in 2 days by lifting 12oz beer bottles, eating pizza, and watching TV for 12 hours.

      Exactly correct. Which is why unfortunately there are so many bad products in every major IM niche...because anybody can claim that positioning...but not everybody can deliver
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      • Profile picture of the author IM Inc
        By default, everyone has a lottery mentality unless of course we train ourselves to be action takers.

        Most people don't want to put in the effort yet want to reap the reward.

        Everyone wants to build a massive list of subscribers in 30 days or less but only few are willing to put in the effort required.

        Think and Dream big, and work equally hard.
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  • Profile picture of the author keith88
    Originally Posted by Kenster View Post

    Successful internet entrepreneurs aren't looking to win. They aren't looking to put their names in the internet entrepreneurship hat and hope their name is pulled to be the next huge income earner.

    Instead they rely on their confidence to take action and do whatever it takes to be successful.

    Do you or have you ever had a "lottery mentality" or do you have an "action mentality"

    be honest

    FYI, check out the how rich people think book...I'm reading it now and it's good!
    Funny thing is I just went an amazing event called LeadandSuccess 2013. All star panel of speakers including Les Brown,John Walsh, James Smith, Tom Hopkins, Steve Forbes plus more. I said to my buddy I wonder how many people will leave this event and not change 1 thing in their life based on what was said.

    REAL CHANGE comes from changing in mindset AND habits. THATS IT.
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  • Profile picture of the author joesfortune
    If it is that easy, then why are we not all successful?
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  • Profile picture of the author johnbrown12
    That's true Kenster , people does not wanna take action ,they just wanna read and read
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  • Profile picture of the author justlikemagik
    The Millionaire Fastlane by MJ Demarco is a book you should read if you haven't, In fact, it should be required reading for anyone wanting to make some serious money in a short amount of time. He talks about how sales, success, making money, etc. are all PROCESSES and not EVENTS. The average person views these things as events that magically happen. The vast majority of millionaires got there through process. Only a few got there solely through an event (lottery, inheritance).

    The proper mindset is to align oneself with a system (a series of processes) that allows you to retain as much control as possible, divorces your time from the equation (making money 24 hours a day), and has unlimited upside potential. Too many people aren't focused on any of these things. They think that the world owes them something. Usually, it's the other way around.
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  • Profile picture of the author benbro
    I love this phrase that you've coined - lottery mentality. Namely because its so apt and so accurately describes the mentality of far too many online marketing devotees.

    But as you've correctly pointed out, successful outcomes begin as successful mindsets. And its amazing how just something as simple as one's overall outlook can make such a major impact on one's life - but it does. Our thoughts matter, thanks for the reminder Kenster!
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  • Profile picture of the author harpo
    What the lottery allows people to do is to dream and fantasize. There is a time for that sort of thing, but it's much more important to get into life, learn to solve problems, and develop confidence.
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    • Profile picture of the author Kenster
      Originally Posted by joesfortune View Post

      If it is that easy, then why are we not all successful?
      Because too many people don't have the right mindset (many have the lottery mentality as per the OP)

      Originally Posted by johnbrown12 View Post

      That's true Kenster , people does not wanna take action ,they just wanna read and read
      Not that they don't want to...they just don't have the discipline to. Want and Willingness are two very different but critically important things

      Originally Posted by harpo View Post

      What the lottery allows people to do is to dream and fantasize. There is a time for that sort of thing, but it's much more important to get into life, learn to solve problems, and develop confidence.
      Amen!
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    • Profile picture of the author CupcakeCandyWolf
      Originally Posted by harpo View Post

      What the lottery allows people to do is to dream and fantasize. There is a time for that sort of thing, but it's much more important to get into life, learn to solve problems, and develop confidence.
      Yup, and that is exactly why gambling can become an addiction. Because people want the "fantasy" and some blow off tons of money trying to gain money, then they don't realize they are doing the exact opposite of what their trying to achieve in the first place.
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  • Profile picture of the author MJ Collins
    You CAN'T lose if you don't PAY (play) the lottery.
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    • Profile picture of the author Kenster
      Originally Posted by Michael John Collins View Post

      You CAN'T lose if you don't PAY (play) the lottery.
      It's the worst financial investment ever. Maybe not the worst, but certainly not a good one.

      I've always been totally against the lottery.

      Until recently

      Now I realize that the true value in playing is hope...and hope has value.
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  • Lottery is the next an alternative to earn an easy money especially if your business is not successful.
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  • Profile picture of the author abdovic
    If you want advice on how to win the lottery, then read this article. This will give you good advice on how to pick lottery numbers will increase your chances of winning.

    Fortune is one of the hopes of many people, especially for those who are unhappy in their lives. There are those who would like to know how to win the lottery, because they are not satisfied with their financial situation. Many people want to be as rich as Bill Gates, but many also wonder how this can happen.

    Lottery! How to win the lottery? For other poses, is one of the easiest ways to be rich. The number of people trying to choose their lucky numbers and play their expectation. This game is very popular in many countries.
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