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Couple of questions from a beginner

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Varun

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Hi,
I've started a website for affiliate marketing in the fitness industry. I know my goals, there's no control. In it for industry experience, to raise some capital and ultimately create my own product based on need/pain points etc.

My question is - how do I know when I've become good enough to delegate work - so that I can keep focusing on what actually makes me the money, and separate my own individual time from the business?

I'm about to start writing my first article, I know there's a long way to go(maybe 2 years of consistent work). Just curious about when the next step comes so I can scale income.

Also, how do I differentiate between legitimate knowledge gathering and action faking? I know I have to execute and I'm a perfectionist/procrastinator myself. But surely, I must keep gathering new information every day. What ratio do you recommend for execution and knowledge gathering? 80/20?

In case you have read Stephen Covey's 7 Habits, this is the P/PC balance that I'm talking about.

Edit: I tried posting it in the marketing forum, but for whatever reason, when I click on create thread, it just doesn't create the page.
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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