Your mindset going into business online is very important. In fact, your mindset can make or break you. What is the right mindset?
Well, let’s begin with some of the obvious principles:
- 1. Taking your business seriously (more on this further)
- 2. Believing in your ability to succeed
- 3. Being willing to put in the effort necessary for success
- 4. Understanding how much and what type of effort is necessary
- 5. Commit to a business plan/strategy
Those are the ‘common sense’ principles every business owner follows. However, there is another aspect to having the ‘right’ mindset, and its one that is often overlooked. And that aspect is:
Being able to see progress in graduated steps
What does this mean?
Have you heard of the 5 Bucks a Day guy?
Dennis is a perfect example of what kind of success you can achieve when your mindset includes the ‘graduated steps’ approach to measuring your progress.
Basically, Dennis went from years of barely making a living online, to racking up a monthly income equivalent to his yearly income. He did it by learning to set smaller, more realistic goals for himself.
His ‘aha!’ moment came when he realized it was easier for him to conceive of earning $5/per day, than earning thousands overnight. So he set about creating dozens of mini-income sources, each of which made him $5 per day and sometimes far more than that.
You see where this is going? Pretty soon all of his $5/day projects added up into hundreds of dollars in profit per day. So, I’m recommending that you employ a similar confidence boosting trick. Your goal here is to make your first $1,000 online in roughly 30 days, correct? It might seem difficult when you look at it in those terms, so try breaking it down:
$1,000 in 1 month = $250 per week or $33.34 per day
Wow! Now, that should get you excited. Certainly you can make $33.34 per day? Remember, this works in reverse, too. You might come across, for example, a great looking affiliate program, only to pull back when you see that they’re paying $25 or $30 per sale.
You might think, ?Well, that’s probably not worth my effort.? What if the program converts really well and you’re able to make at least one sale per day? You’d be looking at an extra grand per month in your pocket, and that’s not chump change.
So, in order to make your first $1,000, start off with the idea of just getting your first few sales rolling in. Once that happens, focus on multiplying your efforts to getting the equivalent of a sale every day of the week. Play with the numbers until you come up with one that motivates you. Something that looks like ?child’s play? on the surface, but which leads to serious profits when you total things up over time.
