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Friday, August 21, 2009

Building An Online Business - Here's Two Simple Strategies For Unlimited Success

Posted by patrick

By Rocky Tapscott

I recently read an article that discussed some advice Billionaire H.L. Hunt shared with many people in his circle of influence, and I had to share it with you. Bunker was born into a farming community, he worked hard to try to make something of himself, but ended up bankrupt for his trouble. But after pulling himself together and applying what you are about to learn, he became extremely successful. His advice for anybody who feels like their life isn't as they would like it to be is amazingly simple. And sometimes very difficult at the same time.

His advice?

1) Put your life's goals in writing

2) Pay in advance

Your brain responds best to written commands. When you write down the things you want to achieve, whether your goals are for today, next week or 5 years from now, somehow your brain picks up the vibes and goes to work on helping you accomplish them. You've no doubt seen this for yourself. When you set up your day in your diary and plan your tasks and objectives, you tend to accomplish a lot more than on days where you just coast along without any sort of written plan to follow. Writing down your goals is absolutely crucial to your long term success.

I guess it stands to reason. The vast majority of the world's population never really get around to writing their goals down on paper. And as we know, the majority of the worlds population is stoney broke, even people who live in the so called 'wealthy' countries where opportunities exist everywhere. These days, making it should be relatively 'easy' in most parts of the world, and yet for most people it's not.

Many people don't write their goals down, they simple set them in their heads and think that this will be enough. But a goal in your head is like an idea that comes and then is quickly gone. Don't risk leaving this critical task to chance. Committing your goals to paper and reviewing them regularly ensures that they will be at the top of your thoughts as you go through your day. But written goals are only half the story, as Bunker said, you also have to pay in advance.

What do I mean by paying in advance?

You've no doubt seen a farmer planting a crop. He has no idea if his crop will actually grow, or if he will receive enough rain, or if a plague of locusts will destroy his hard work. He has little control over the price he will receive when he takes his produce to market or who will end up buying it from him. Yet he pays for his seed in advance. And when that seed grows into a beautiful, lush crop, he takes the results of his hard work to market and is rewarded because he paid for his seed and did the work in advance.

As owners of online businesses, we need to do the same thing as the farmer. Building a successful online business comes at a cost. You simple have to pay in advance. You have to be learning, studying and investing in your education all the time, to become what you want to be in the future. There's really no way around it, the fact is that you have to learn how the game is played before you can earn :-). When you pay in advance, another important thing happens. Because you've invested in yourself, you become motivated to get things done and you want to see the results from your investment. So what's the bottom line? Success ultimately comes from two simple factors...

1) Put your life's goals in writing

2) Pay In Advance

I know from personal experience that this works. I never thought it was necessary to write down my goals, I always just 'knew' what they were in my head. And I never really got anywhere. On the other hand, an old friend has always set comprehensive, written goals in every area of his life, but particularly financial goals because that's how he liked to keep score. He lived through many hard times while he was paying in advance, he studied everything he could, found a mentor and learned some more... and he became a multi millionaire...

Now I set written goals and things are moving forward really well.

And when I see people who won't invest in tools and information to move forward and grow their businesses, and when I hear them complain that they have to spend money on their education. Or when they tell me how expensive things are and how they 'can't justify it', then I know in my heart that unfortunately those people will really struggle to have a profitable online business. Information gives us the chance to keep moving forward in our lives. It's that simple. I've invested heavily in information products over the last 6 years (often when I couldn't really afford it) and like the farmer, it pays be back every day.

I can only give you the advice based on what I've done, and what I've seen others who are successful do. And I'll tell you something important. Always write down your goals and pay in advance. Learn what you have to by paying for the best information you can find. Pay the price for your education now, and you'll be rewarded in ways you can't even imagine.

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