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How do i overcome inertia in life, and make my first $1

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Barracuda

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Jul 2, 2020
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I've always been an ambitious person, but i never had the focus, nor the grit and perseverance to follow something through because i believe either the competition is too much, or it's too hard and what they pay is too low or i fall for the "shiny object syndrome", that is: i chase anything and everything that appears to be what people around me are making money from, but i never finish anything i start. I have a lot of business ideas that can provide value. The flipside is i don't have the money to fund my idea. I tried online jobs, but never a single cent off the internet. I've tried different ways of making money online. But i never broke throughout due to lack of capital to really increase my chances of earning a tangible amount. I've always had the idea that if you can make your first dollar off the internet, making your second would be easier, and then your third. Is it true?... and if it is, is there a practical way anyone can do it?
......and most importantly, what's your most important advice to newbie entrepreneurs?
 

j0elsuf

Bronze Contributor
Dec 15, 2020
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I've always had the idea that if you can make your first dollar off the internet, making your second would be easier, and then your third. Is it true?... and if it is, is there a practical way anyone can do it?
It is but you need to focus on two things tops, be consistent, have no cynicism in your system, follow those who have a proven track record, and treat it like a full-time job.

This is if you are young and have a lot of energy.

For example, over the last three or so years I have tried to make money blogging as well as from freelance writing.

I'm at a stalemate in one (blogging, still have no idea how to do get followers to subscribe because writing is literally the only thing I am good at unless you count bowling which I am kind of good at), and I am struggling really hard in the other (freelance writing) because I still have a limited concept of what I am doing.

Started both of these a little before I turned 35 so I do not have youth on my side. So I need to abandon one for a bit while I get really good at the other.

You see, young people can get rid of all their distractions and sleep like 12 hours for every 96 they stay up and they'll be able to build everything they need to build as long as they just limit it to two things they want to build.

But I'm not 23 and a half. I'm 38 and a half.

And I'm still surrounded by more distractions than I would like to be.

From you asking this, I am assuming that you are young and believe that you can work on like six different ways to make money online and be perfect at all six within a week while still having distractions around you.

Yeah, no.

I would say choose TWO ways to make money online that interest you, work on those after you clock out of your job and go from there.

If you are over 35 like I am then just choose ONE and stick with it until it can replace your full time job. Then you can do the other.

That's the strategy that I'm following.
 

GatsbyMag

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Do what @j0elsuf said.

Most importantly, your biggest problem is DISCIPLINE.

It doesn't f*cking matter how you'll make money online with your kind of mindset.

You need to improve your focus and be disciplined.

It's easier said than done but it's possible.

Until then, no matter what you do, you'll fail.

And guess what? you can't fix your lack of discipline through reading more self-help books or reading in general.

You need to DO something about it.

Boys learn best through action. Go join a boxing or MMA gym with a coach (do it for 3 months exactly). If that's not available, kys.

Just kidding, if it's not available, then go to a gym or get a job (if you don't have one already) and do it for at least 3 months. Do something where someone else can keep you accountable, until you begin to realize the importance of accountability and discipline and you start learning to discipline yourself.

The easy advice is to tell you to join fiverr or start some project. Anyone can do that, but can you do what's hard? Can you do what puts you outside of your comfort zone?

That will set you straight.

IMO.
 

Ronak

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I've always had the idea that if you can make your first dollar off the internet, making your second would be easier, and then your third

Yes, but there are some major caveats.
I've always suffered from what I call "optimism syndrome". I have tended to OVERESTIMATE the value of having achieved that first dollar, and constantly fall into the trap of revenue extrapolation. Eg, I made xx,000 dollars from an opportunity. Now that I have proof/testimonials/experience, all I need to do is use that to get 3x the clients/customers/opportunities, and I'll be home free, making 3x the money.

That usually never happens, which has the paradoxical effect of sapping my enthusiasm which leads me to stop trying as hard and fall into a rut. If you can do it once, you can do it again, but don't expect it to be "easy", maybe just slightly easier.
 

Barracuda

Contributor
Jul 2, 2020
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The Promenade Towers
It is but you need to focus on two things tops, be consistent, have no cynicism in your system, follow those who have a proven track record, and treat it like a full-time job.

This is if you are young and have a lot of energy.

For example, over the last three or so years I have tried to make money blogging as well as from freelance writing.

I'm at a stalemate in one (blogging, still have no idea how to do get followers to subscribe because writing is literally the only thing I am good at unless you count bowling which I am kind of good at), and I am struggling really hard in the other (freelance writing) because I still have a limited concept of what I am doing.

Started both of these a little before I turned 35 so I do not have youth on my side. So I need to abandon one for a bit while I get really good at the other.

You see, young people can get rid of all their distractions and sleep like 12 hours for every 96 they stay up and they'll be able to build everything they need to build as long as they just limit it to two things they want to build.

But I'm not 23 and a half. I'm 38 and a half.

And I'm still surrounded by more distractions than I would like to be.

From you asking this, I am assuming that you are young and believe that you can work on like six different ways to make money online and be perfect at all six within a week while still having distractions around you.

Yeah, no.

I would say choose TWO ways to make money online that interest you, work on those after you clock out of your job and go from there.

If you are over 35 like I am then just choose ONE and stick with it until it can replace your full time job. Then you can do the other.

That's the strategy that I'm following.
This is really insightful. I'm exactly that. I'll read a top 10 article on how to make money online, or i'll discover several ways to make some money, then i pursue it all hoping that I'll make more money than my peers because of my knowledge of it. Thank you for your advice. I'll heed it strongly.
 

cm-devpreneur

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Aug 27, 2020
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I've always been an ambitious person, but i never had the focus, nor the grit and perseverance to follow something through because i believe either the competition is too much, or it's too hard and what they pay is too low or i fall for the "shiny object syndrome", that is: i chase anything and everything that appears to be what people around me are making money from, but i never finish anything i start. I have a lot of business ideas that can provide value. The flipside is i don't have the money to fund my idea. I tried online jobs, but never a single cent off the internet. I've tried different ways of making money online. But i never broke throughout due to lack of capital to really increase my chances of earning a tangible amount. I've always had the idea that if you can make your first dollar off the internet, making your second would be easier, and then your third. Is it true?... and if it is, is there a practical way anyone can do it?
......and most importantly, what's your most important advice to newbie entrepreneurs?

This is what's worked for me. Hopefully some ideas here will be useful to you.

A few things to think about: start with why? Why aren't you committing? Why are you afraid it will be too hard? Why are you afraid of competition?

You need to figure out what you really want. I don't know a way to motivate yourself to stick through with things if you don't really know what you want. Everything feels like a waste of time because maybe you don't really know why you're doing it. When you figure out what you really want the long journey will make sense. It won't matter how hard it will be. It won't matter if the competitors come by the hundreds. You've got your reasons f*ck the competition.

I can relate to what you're going through. Fear of missing out is real and ironically it will lead you to miss out on even more things. You are worried if you pursue business idea A then you won't be able to do business idea B. So you try to find an impossible solution that allows you to have your cake and eat it too. This solution doesn't exist. When you realise that you'll then have to make the choice you could have made ages ago and choose A or B and stick with it. You can't get the lost time back. Sometimes it's hard to choose when all the options are good. But actually if all the options are good then you aren't actually losing much by choosing one over the other.

Sooner or later you have to say "I do" and say no to everything else. This is hard but it's the only solution that makes sense when you really decide to face the reality of your options: You can't do everything.

Do you believe you can make it work? You need to work on becoming someone you can count on. When you can count on yourself it's much easier to stick with things. Because right now you might be thinking why should I go all in when in 6 month's time I'm not even going to remember that I was working on this project because something else will be my focus. Learn to commit.

Watch the excuses. If you sort out all your other problems you'll find a way to find the capital. If capital is really what's standing in your way.

Set realistic timescales. Maybe you get discouraged because the results take a little longer than expected. Be realistic, do some research, ask for advice and set realistic timescales and trust your process. Don't let anything dissuade you. Commit for X number of months and don't even entertain any other ideas until you get to month X at which point you can review your progress. Stick with it or jump ship?

Is perfectionism your problem? Sometimes we don't finish things because we don't want to do it unless we can do it right. But 85% is usually good enough for most clients and you may find 99% is just too expensive and too time-communsing to be worth it for most of your clients. You can change your customer's life with just 85% so if you're starting out there's no shame in aiming for 85%. You can work your way up with experience but at least you'll have started. Long story short don't worry about doing it perfectly just focus on delivering the 20% that gets 80% of your clients' results and pad the rest if you've got the time and resources. (Be open about this part). This could help with the pressure of sticking with something when you think you're just going to disappoint everyone in the end.

In terms of the money-making part of your question. Many on here are more qualified than me as I am more of newbie myself.

I hope that helps
 

afrankmore

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Nov 5, 2020
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It is but you need to focus on two things tops, be consistent, have no cynicism in your system, follow those who have a proven track record, and treat it like a full-time job.

This is if you are young and have a lot of energy.

For example, over the last three or so years I have tried to make money blogging as well as from freelance writing.

I'm at a stalemate in one (blogging, still have no idea how to do get followers to subscribe because writing is literally the only thing I am good at unless you count bowling which I am kind of good at), and I am struggling really hard in the other (freelance writing) because I still have a limited concept of what I am doing.

Started both of these a little before I turned 35 so I do not have youth on my side. So I need to abandon one for a bit while I get really good at the other.

You see, young people can get rid of all their distractions and sleep like 12 hours for every 96 they stay up and they'll be able to build everything they need to build as long as they just limit it to two things they want to build.

But I'm not 23 and a half. I'm 38 and a half.

And I'm still surrounded by more distractions than I would like to be.

From you asking this, I am assuming that you are young and believe that you can work on like six different ways to make money online and be perfect at all six within a week while still having distractions around you.

Yeah, no.

I would say choose TWO ways to make money online that interest you, work on those after you clock out of your job and go from there.

If you are over 35 like I am then just choose ONE and stick with it until it can replace your full time job. Then you can do the other.

That's the strategy that I'm following.
Great strategy... Seriously though I am 35 and although I still feel I have youth on my side, but realizing that I need a minimum of 7 hours sleep proves other wise lol I am right there with ya except I am just starting my journey, working on my project after I clock out and on my days off.
 

Barracuda

Contributor
Jul 2, 2020
36
89
109
21
The Promenade Towers
Do what @j0elsuf said.

Most importantly, your biggest problem is DISCIPLINE.

It doesn't f*cking matter how you'll make money online with your kind of mindset.

You need to improve your focus and be disciplined.

It's easier said than done but it's possible.

Until then, no matter what you do, you'll fail.

And guess what? you can't fix your lack of discipline through reading more self-help books or reading in general.

You need to DO something about it.

Boys learn best through action. Go join a boxing or MMA gym with a coach (do it for 3 months exactly). If that's not available, kys.

Just kidding, if it's not available, then go to a gym or get a job (if you don't have one already) and do it for at least 3 months. Do something where someone else can keep you accountable, until you begin to realize the importance of accountability and discipline and you start learning to discipline yourself.

The easy advice is to tell you to join fiverr or start some project. Anyone can do that, but can you do what's hard? Can you do what puts you outside of your comfort zone?

That will set you straight.

IMO
Thank you @GatsbyMag . This is me 100%. I've always wondered why i always have low energy throughout the day. I've read lots of books, i've tried various forms of meditation, always wondering what's wrong with me. I've never worked for anyone except my mum. And she always pampers me, i wake up whenever i want. That was when i discovered that living with your parents in itself can be the most toxic of all relationships, not only negative friends. I grew up my whole life with a negative mindset towards discipline and accountability, and all values....and when i try to relate with the "outside world", everything is harsh, and everyone outdoes me. I'll go out of my comfort zone. It won't be easy, but anything worth doing will be difficult.
 
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S.Y.

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Do you truly need capital to work on your ideas?

Dropbox started with a video. Close.com had customers before even having a website. If your business truly requires capital, how can you validate the needs and your solutions by other means?

As for making money online, Lex DeVille Deville, Fox, and Sean Marshall have threads that pretty much lay out the steps for you. Andy Black and Biophase too. Have you looked at those?

And also, we tend to look for things that we can do to improve our situations. But more often than not, looking for the things we should stop doing is more powerful. You know the things you should stop doing. Start there.
 

Tourmaline

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What can do you do today to start that does not cost you more than your time and effort?

I'd suggest reading From Mediocrity to Millions, perhaps you'd find it of value for how to get started with zero (of your own) money.
 

Barracuda

Contributor
Jul 2, 2020
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The Promenade Towers
What can do you do today to start that does not cost you more than your time and effort?

I'd suggest reading From Mediocrity to Millions, perhaps you'd find it of value for how to get started with zero (of your own) money.
I'm learning data analysis now. As at last week, i was learning forex, email marketing, guitar, was blogging, learned how to make lofi, was trying to be a car broker online, was learning html and css, wanted to learn java.....all these can be started from zero money
 

Barracuda

Contributor
Jul 2, 2020
36
89
109
21
The Promenade Towers
I'm learning data analysis now. As at last week, i was learning forex, email marketing, guitar, was blogging, learned how to make lofi, was trying to be a car broker online, was learning html and css, wanted to learn java.....all these can be started from zero money
So obviously, this is bad. This a jack of all trade, master of none type of case. It stems from my passion of reading books. I study and go into different genres cause it all sounds amazing. I pay for udemy and skillshare courses on everything. But by doing so, i never get anything done. My energy and time isn't focused, so i end up doing everything but not seeing an output. I got great feedback from the community. My 2021 is going to be geared only towards two things at most, then I'd focus and discipline my self to see it's completion. Progress exists only outside my comfort zone. And most importantly.... nothing matters if i don't change my mentality
 

Barracuda

Contributor
Jul 2, 2020
36
89
109
21
The Promenade Towers
Do what @j0elsuf said.

Most importantly, your biggest problem is DISCIPLINE.

It doesn't f*cking matter how you'll make money online with your kind of mindset.

You need to improve your focus and be disciplined.

It's easier said than done but it's possible.

Until then, no matter what you do, you'll fail.

And guess what? you can't fix your lack of discipline through reading more self-help books or reading in general.

You need to DO something about it.

Boys learn best through action. Go join a boxing or MMA gym with a coach (do it for 3 months exactly). If that's not available, kys.

Just kidding, if it's not available, then go to a gym or get a job (if you don't have one already) and do it for at least 3 months. Do something where someone else can keep you accountable, until you begin to realize the importance of accountability and discipline and you start learning to discipline yourself.

The easy advice is to tell you to join fiverr or start some project. Anyone can do that, but can you do what's hard? Can you do what puts you outside of your comfort zone?

That will set you straight.

IMO.
I think if anyone can change their mentality, everything else will follow. I grew around the most negative environment ever. Sometimes, people want to change, but they'd never change because of the people they surround themselves with. Like the joker said...."all i have are negative thoughts", that's what i think about all the time, because that's the type of environment i grew around, and my negative thinking is strong and always present. For me, I'm moving out. I've started a ritual. I recorded my voice and listen to myself saying " i can do whatever i put my mind to" every night until i believe it and get even just a little bit motivated for the next day. And i think about nothing else and no one. I just do my task for the day geared towards my goal, meditate, and go to bed.
I'll update the fastlane clan with progress
 
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simplymoto

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Probabilistically, your first startup/venture has a 90% failure rate. Second 80% failure rate and so on so fort

Probabilistically, your third venture is the first one that will scale. Scaling means it’s going to grow, but you might still be broke.

Probabilistically, 90% of people lose monetarily (than working for someone) going into startup.

if you can accept the three likelihood, read on.....

FOCUS, FOCUS, FOCUS. Execute one idea at a time, and execute it better than anyone else for at least a year ...,and even that you will still likely to fail, and with the failing you will learn your tricks. Start your second venture and repeat....

You will probably get somewhere by your third venture if you have been laser focus in your first two.... if you are just semi-serious aka f*cking around like a startup wannabe you will not even get there by your tenth startup.

Of course sometimes people hit the jackpot, your roomie might be the next Elon and he happen to need a marketing/bd co founder in you..,.but that’s jackpot, and it’s better to Elon yourself, don’t you reckon ?
 

Barracuda

Contributor
Jul 2, 2020
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The Promenade Towers
Probabilistically, your first startup/venture has a 90% failure rate. Second 80% failure rate and so on so fort

Probabilistically, your third venture is the first one that will scale. Scaling means it’s going to grow, but you might still be broke.

Probabilistically, 90% of people lose monetarily (than working for someone) going into startup.

if you can accept the three likelihood, read on.....

FOCUS, FOCUS, FOCUS. Execute one idea at a time, and execute it better than anyone else for at least a year ...,and even that you will still likely to fail, and with the failing you will learn your tricks. Start your second venture and repeat....

You will probably get somewhere by your third venture if you have been laser focus in your first two.... if you are just semi-serious aka f*cking around like a startup wannabe you will not even get there by your tenth startup.

Of course sometimes people hit the jackpot, your roomie might be the next Elon and he happen to need a marketing/bd co founder in you..,.but that’s jackpot, and it’s better to Elon yourself, don’t you reckon ?
Definitely better
 

poseidn

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save up $5k

Fly to SEA.

Find place with passable internet and as low # of tourists as possible.

Buy modafinil, take 100-200mg every day.

Work for 6 months straight, 12-16hrs a day at ONE thing. Iterate business model as needed.

You will make money.
 

Barracuda

Contributor
Jul 2, 2020
36
89
109
21
The Promenade Towers
save up $5k

Fly to SEA.

Find place with passable internet and as low # of tourists as possible.

Buy modafinil, take 100-200mg every day.

Work for 6 months straight, 12-16hrs a day at ONE thing. Iterate business model as needed.

You will make money.
Hahaha.....it'll definitely work for some crazy geniuses or incredibly creative people. If not, you'd probably kys from dementia and frustration
 

Timmy C

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I've always been an ambitious person, but i never had the focus, nor the grit and perseverance to follow something through because i believe either the competition is too much, or it's too hard and what they pay is too low or i fall for the "shiny object syndrome", that is: i chase anything and everything that appears to be what people around me are making money from, but i never finish anything i start. I have a lot of business ideas that can provide value. The flipside is i don't have the money to fund my idea. I tried online jobs, but never a single cent off the internet. I've tried different ways of making money online. But i never broke throughout due to lack of capital to really increase my chances of earning a tangible amount. I've always had the idea that if you can make your first dollar off the internet, making your second would be easier, and then your third. Is it true?... and if it is, is there a practical way anyone can do it?
......and most importantly, what's your most important advice to newbie entrepreneurs?


If you don't have the money to fund your ideas, stop thinking of great ideas, and work on something that can separate your time from income and increase your cashflow.

Some ideas that are working for me:

Teaching on Skillshare and Udemy:

Teach one class a week on skillshare for a couple of months about anything you know about, and you'll have money coming in.

Growing a social media following and monetizing it:
This takes time, and if you can't stick with anything, this is a waste for you.
1. Grow the following
2.help people in your niche and answer questions.
3. Release a product that can help them.
4. If you can't think of anything to create yourself, affiliate other offers.

Just go for it, man.
 

Tourmaline

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I'm learning data analysis now. As at last week, i was learning forex, email marketing, guitar, was blogging, learned how to make lofi, was trying to be a car broker online, was learning html and css, wanted to learn java.....all these can be started from zero money

So...get to it? It seems like you're completely unsure of what to actually start doing. These are all very different fields that you've dabbled in.

I'd pick one and start doing stuff that produces the results you're wanting.
 

j0elsuf

Bronze Contributor
Dec 15, 2020
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I'm learning data analysis now. As at last week, i was learning forex, email marketing, guitar, was blogging, learned how to make lofi, was trying to be a car broker online, was learning html and css, wanted to learn java.....all these can be started from zero money
I counted 9 things here.

Each of these can pretty much be their own full-time job in that they take 40 hours a week to build and maintain.

Can you hold NINE jobs?

No?

Then why do you think you can do all of these things and be even halfway decent at one of them?

And although those can be started from zero money they take something much more valuable and that is time. At least a year to do each one to some kind of competency and that is if you do everything perfect. So within 9 years, you'll be a little better than "meh" at each of those if everything is perfect.

Again. Choose TWO of those TOPS and that is only if you are not over 35 and don't have a family to take care of and stuff.

Over 35? Have a family to take care of? Then one is all you get at the moment.
 

WJK

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It is but you need to focus on two things tops, be consistent, have no cynicism in your system, follow those who have a proven track record, and treat it like a full-time job.

This is if you are young and have a lot of energy.

For example, over the last three or so years I have tried to make money blogging as well as from freelance writing.

I'm at a stalemate in one (blogging, still have no idea how to do get followers to subscribe because writing is literally the only thing I am good at unless you count bowling which I am kind of good at), and I am struggling really hard in the other (freelance writing) because I still have a limited concept of what I am doing.

Started both of these a little before I turned 35 so I do not have youth on my side. So I need to abandon one for a bit while I get really good at the other.

You see, young people can get rid of all their distractions and sleep like 12 hours for every 96 they stay up and they'll be able to build everything they need to build as long as they just limit it to two things they want to build.

But I'm not 23 and a half. I'm 38 and a half.

And I'm still surrounded by more distractions than I would like to be.

From you asking this, I am assuming that you are young and believe that you can work on like six different ways to make money online and be perfect at all six within a week while still having distractions around you.

Yeah, no.

I would say choose TWO ways to make money online that interest you, work on those after you clock out of your job and go from there.

If you are over 35 like I am then just choose ONE and stick with it until it can replace your full time job. Then you can do the other.

That's the strategy that I'm following.
You remind of the story of the dog laying on a nail. He wasn't happy -- and he was whining -- but he also wasn't uncomfortable enough to move.
 

Abenh

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I've always been an ambitious person, but i never had the focus, nor the grit and perseverance to follow something through because i believe either the competition is too much, or it's too hard and what they pay is too low or i fall for the "shiny object syndrome", that is: i chase anything and everything that appears to be what people around me are making money from, but i never finish anything i start. I have a lot of business ideas that can provide value. The flipside is i don't have the money to fund my idea. I tried online jobs, but never a single cent off the internet. I've tried different ways of making money online. But i never broke throughout due to lack of capital to really increase my chances of earning a tangible amount. I've always had the idea that if you can make your first dollar off the internet, making your second would be easier, and then your third. Is it true?... and if it is, is there a practical way anyone can do it?
......and most importantly, what's your most important advice to newbie entrepreneurs?
I think you don't have money or a time problem. Focus on how you improve your discipline and your mindset. Start going to the gym or wake up at the same time for 30 days (even if it's 8 or 9 am). Read the "Discipline equal Freedom" by Jocko Willink, Can't Hurt Me by David Goggins, and Atomic Habits by James Clear it's not about discipline but it will help implement what you had learned from both books. I really want to hear from you in the future that you made progress.
 

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MARKETPLACE Entrepreneur's Toolbox: Company Formation, Virtual Mailbox, Registered Agent, Remote Online Notary
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Any chance to make it available outside of US? It has been available outside of the US on...

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