Time to pull the trigger. What should I Pick?

[RazorCut]

Your first issue is mindset. Stop chasing after money as it will always prove elusive. (Honestly chasing money just makes it run away and hide from you).

Your goal should be to forget about money and find some way to help as many people as possible. The money comes as a by-product.

I'm really struggling to find a idea to focus on, I've tried to look around for a problem to solve or something that can be improved but I don't find anything that I can fit the CENTS.

With a successful history of "Addicted to failure" I would't worry too much about meeting all the CENTS criteria. What you probably need right now is a win under your belt regardless of size. That will inspire confidence and take you on to bigger and better things. So pick something that doesn't fulfil the CENTS dream but you can get passionate about and focus in on it, as in move the needle forward EVERYDAY until it is successful.

It's not speed that will make it successful, it's probably not phenomenal execution either. What will make it a success is consistency, day in and day out. Putting up content regardless of having no readership. Perfecting a product that most people would find acceptable. Getting obsessive with the details. Learn that craft and do your best to perfect it. It will put you in a much better place.

While you are doing that you will more than likely hit a point where you see the wood from the trees and will be able to pivot your fledgling business into something bigger and closer to CENTS.

Also ask yourself why your previous ventures failed. There are a whole load of lessons to be learned right there.

 

[ZCP]

Wow. I have 12 items on my to do list today. Each will take me approximately 1 hour.
My company is losing money every moment I am not selling.
Employees, customers, kids I coach .... all missing out.

I invest that time in a young man trying to get started.

He wants to wait until this weekend.
He's going to give it a 'try'.
Then asks for what's next after that.

F*ck me....

Other forum members are hitting me up to give up and quit wasting my time.
Here's the thing..... I am not doing this for @raad182. One year from now, he'll still be in that cube. Talking about 'trying' something.

My hope is that those coming behind us see this thread one day. They might be at the same point. They read @raad182 's posts and identify with him and where he is in his journey.

Then instead of 'trying', they F*cking go do something and get started.
If that is you, if you are getting started and have actually done something after reading this thread, PM me when you get to that point. I will be glad to help you.

God helps those who help themselves - Wikipedia

 

[ZCP]

I'll reword your answers below.....
-------------------------------------------------------
Thanks for the reply.

I won't lie to you as any young wantrepreneur my 1st dream was to find my pot of gold and work on it with all my drive and focus.
My illusions fell apart when I read the MF where MJ explain the Process/Event concept.

Since that I've been asking the same questions you put...

When are you going to provide value?
I really don't know what kind of value I could bring to the table.
This is too hard. I want it easy.

Solve a problem and make it go away?
I've tried to look around, talk and ask people, listen to people, research on the internet but wasn't able to find any problem that I could provide a solution. Most of the little everyday problems are already covered and Im not a master at any subject.
I have done nothing and really just want someone to do it for me.

Fix a pain point for a lot of people?
I've tried to build a public persona so I could build an online fitness brand around it but as you may think there are tons of people already doing it better than I could.
It got hard so I gave up.

Have no ideas? Buy a business that is already started.- No money. I like making excuses.
Have no money to buy a business? Hustle to get money - Trying to find one. If I was homeless and starving I would just lay in the corner and give up and die.
Don't know how to hustle? Focus today on turning $1 into $2 by providing value. - I can't think on anything that could be done online. I don't listen to advice and look for the easy way from the comfort of my room.

As you said, I just want to get started but its really hard when you are totally by yourself and without budget.
I have a defeatist mindset and give up easily.

I was planning to invest on my fitness persona on Instagram but everybody is doing that.
I provide no value and it will be too hard.

Now Im going to give a try on Forex Trading.
I am moving onto the next failure instead of looking for a pattern from all my previous failures and using that knowledge to direct my next path.
--------------------------------------------------
@raad182 read back through this thread. What is everyone telling you?
Two suggestions:
1. Go read @Get Right 's thread on getting out of your comfort zone. Do some of those exercises.
2. Find a way to buy something and sell it for more than you bought it for (hustle). Do not go to bed tonight until you have done so. Make it your sole focus of your entire existence. Nothing else enters your mind. Make it happen. Make $1.

And when that whiney excuse voice enters your head, tell it to F*ck off and get back to work.
'How can I' is your new mindset. Report back tomorrow.

 

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[MJ DeMarco]

I've just read your book last week and was a game changer for me. I know that I need to make a few adjustments on my mindset but I'm working on it.

Which book? And how? I'm hearing money chasing, event-modalities, and no focus on value attributes or value skew. Unscripted details how to incrementally skew value, you don't have to invent the next big thing.

Now Im going to give a try on Forex Trading.

Pardon my frustration.

I appreciate and thank you for reading my book, I'm assuming TMF .

But how on earth does someone read TMF , moreso Unscripted , and then come to the conclusion of "Forex"????

 

[MJ DeMarco]

Things on my mind for the next year
- " How to make money " niche blog - Its not a thing here, weak competition. This one is my main idea for the next year as I have a business management degree and could sell some financial services on the side.

- Get back on the fitness/bodybuilding niche with a website, YT channel and build a brand around my name. High risk here as it is a crowded market.

- Small things like Fiverr gigs, Online Courses, Fashion Brand, Poker, Forex, Stocks...These are on my mind but I don't see the potential live the fastlane through them.

None of these things are focused on value, solutions, or improvements.

You don't see that as a problem? A "more of the same" answer to your past failures?

 

[ZCP]

- No money to invest (just created my 6-month emergency fund)
...what makes you think you need money?
- 9-5 corporate job
...so you have a safety net. good, that eliminates that excuse.
- 27yo
...so you should be past this 'ego' and 'always right' phase
- 10 years of bodybuilding but don't have a license to be a trainer
...limiting belief
- Good with communication (speaking,writing,talking in public) English isnt my main language
...terrible at listening
- Business Management Degree
...need to turn it back in or get the books back out and reread
- Hate to deal with people but can fake it
...finally some self awareness
- My friends often praise my courage and risk taking attitude.
...they obviously haven't seen this thread

With all respect but What kind of business would you try if you were on my place? Im asking to you because I don't have anyone around me to give this kind of advice.

You ARE MISSING THE POINT!
Just get started.

How are you going to get there if you won't even get in the car to go to the gym???

Time to put the fear, and the analysis paralysis, and the worry, and the hubris, and the 'can't's aside and JUST GET STARTED.

If your first reaction was to ask 'on what?' ..... scroll back to the top of this thread and read it out loud to yourself. Then go look in the mirror and ask the person staring back at you 'what the F*ck are you waiting on??'. Stop arguing and throwing your hands up and get to work.

Make $1 from something that is not your 9 to 5 and report back tomorrow. Get started. Now.

 

[RazorCut]

I know that sense of urgency can make you want to rush in but I would do whatever you can to quell it. I've been there and it never brings you any good (or success).

These things have a habit of working themselves out on their own. That's why I suggest you find something to focus on and build and let the worries about the BIG IDEA fade into the background. You will be surprised how it will show up when the time is right.

My main weakness is that I'm a jack of all trades but master of none.

Don't see that as a weakness but as a strength. A well rounded background that gives you a broader insight into the working of the world. It also puts you in a much better position to decide in which area you would like to focus your energies on to the point of mastery.

We have a wonderful collection of experts here from all walks of life. Copywriters, Facebook Marketing Pro's, Adword Experts, Novelists, ECommerce Masters, Brand Builders, Inventors, Importers, Investors in money markets, Real-estate Investors, etc. etc. etc.. Many would freely admit to being a jack of all trades at some point until they felt a calling to one particular field.

Take heart, you have a lot to be thankful for.

 

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[ZCP]

So, more of the same and another failure?

When are you going to provide value?
Solve a problem and make it go away?
Fix a pain point for a lot of people?

Have no ideas? Buy a business that is already started.
Have no money to buy a business? Hustle to get money
Don't know how to hustle? Focus today on turning $1 into $2 by providing value.

Before posting this, I went back to your OP......... looks like you have the same problem I see a LOT here and with people starting. You are trying to create a $10M company to start and using it as an excuse to give up and not work at all. Try creating a $10k company to start. JUST GET STARTED!

Once you are going, ideas will FLOW! @Greg R may have something to say here.

 

[ZCP]

I really like your challenge of reselling something for a profit but how that would help me? I'm not introvert and Im not bad at selling but I don't like to waste time either.
Of course I could buy something for $1 and sell for $2 but at the end of the day, what should I expect from that?
My goal is to create a passive income stream to make me at least $2k/month from what I've seen here its not that ambitious.

So if a bodybuilder further along the path than you told you to do 10 pushups and report back, would you question it?

Quit wasting time. Get to work.

 

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[ZCP]

I'm not questioning just want to know...Buy for $1 and sold for $2, what kind of experience I will earn from this?

Im not trying to be a arrogant prick but I grew up surrounded by hustlers and saw this " buy for X, sell for 2x " my whole life and none of them have the lifestyle Im aiming for.

Fair enough.

Because my guess is that your biggest weakness is JUST GETTING STARTED.
Go do this task and you will be on the path of DOING instead of finding excuses.
You will begin to network. Opening your mind to possibilities. Opening up opportunities.

You are VERY blessed. You have business training, a safety net, and this forum.
You are VERY cursed. Your mindset limits you from greatness. You are afraid. You are too comfortable.

Putting you out there doing this will help you through the hardest part.
As a final nudge off the high dive, each person I have gotten to do this now has a growing, thriving business and is finding more opportunities every day.

Now, pretty please, go get F*cking started.

 

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[whiz]

Agree with the others here.

Don't make this out to be some massive mega event - just start helping people

You said before that you didn't see the point of a small action like "buy for $1, sell for $2"

But when you do it, it'll all make sense. Your brain makes the connection and then you build on top of that

It's like if I told you to bench press just the bar.. you'd be like "what's the point"

But if you were a complete beginner and you didn't start with the bar, chances are you're gonna have super shitty form

How could you ever bench 3 plates if you never benched 2?
How could you ever bench 2 if you haven't benched 1?
How could you bench 1 if you haven't benched the bar?

I really don't know how to find the right words - but anyone successful here will tell you that it just makes sense. Your brain somehow seeks out little fragments of shit, collects them and starts building things with them. You just have to give your brain some soil - a foundation of sorts


Below is a thread I posted with easy action you can do in not even 5 mins
An action that you could build off of - an action that opens up a ton of ideas about what is possible
An action that's scalable as well

If you don't know where to start, or you aren't doing any entrepreneurial action today, just do this

5-10 mins of your time to open up your brain:

How To Get Started RIGHT NOW (Step by Step)

Also check @Andy Black thread

Help one person at a time

Good luck dawg im 27 too - let's make something of ourselves so we can come out of our 20s on top

 

[RoadTrip]

I also don't understand why groceries will take such a huge chunk out of your time? I assume you don't have kids? Only then you will understand how much spare time you really have now, even if you work a 9-5. Get started now, you'll have way more time to spend on your business.

The reason @ZCP is getting frustrated is because he can read your mindset from your replies. There is no "trying". If someone would tell you he is trying something, what does that sound like to you? That he will push through no matter what? Or that he will quit with the first obstacle he encounters? Entrepreneurship is hard, and you need perseverance to succeed.

 

[raad182]

You spend 15 hours in the grocery store?? 5p today off work, 30 min to store, 15 hours in grocery store, 30 min back, back at work at 9a.

No wonder you can't get started. Always an excuse. Tomorrow = never

You are killing me. Feel like I am being trolled.

I'll set this starfish down and work on another one for a while....
https://starfishproject.com/the-parable/

Sorry ZCP, there is a misunderstanding here, this is what I did yesterday...

5:30pm - Off work
6pm - gym
8pm - grocery
9pm - cleaning the home (to host my mom)
10pm - bath, eating, some social media
10:30 - Practicing some forex on a demo account while listening to pro traders on youtube
00:30 - Sleep
06am - wake...

I'm in a hurry right now but I really appreciate your words.
Have faith in me

@raad182 ... you do this a lot:

• Yes, but

We’re all trying to sell you on yourself.

You don’t realise all your objections and the problems you foresee are just the stepping stones on your journey.


I’m going to help someone, AND I’m going grocery shopping later.

I will start to help people, the next days I will spend time with mom, I will try to identify how I could make her life better... I guess this is a good starting point.

Replace 'why can't I' with 'How can I' .....
Replace 'but' with 'And' ......

No two greater life changing gifts could you give to someone....

Thanks!!!
Im changing my mindset step by step...To be sincere since I joined the forum it feels like Im in a entrepreneurship gym...Getting hit hard by the most experienced folks but learning really valuable lessons.

First lesson: fire walk in TMF forum These guys are on your side, and I am too. They're being tough, probably because your language sounds like you're not really committed. I think you're good just for trying to figure out what to do, so keep it up.



@Andy Black is right, this reads like limiting beliefs. I'm not saying "start a youtube channel to compete directly with thenx," but you can also think about things differently.

Let's look at the idea that there are loads of experts in the fitness niche. Actually this has been true for decades. Remember Jane Fonda's VHS tapes? Maybe not, but I promise it was a thing. Delivery methods and personalities change, but the need will persistent as long as calorie-dense foods and low-energy occupations dominate the 1st world.

Not only that! Needs evolve. If we all sit on forums long enough, we get rounded shoulders, internal arm rotation, and early-onset "dowager's hump." Wasn't as much of a problem in the Jane Fonda days as it is now. You thought "apron fat" or "muffin top" was a problem? Now people go to chiropractors when they should be doing rows. Or actually rowing boats. But maybe you could help them.

Secondly, examine the idea that being an influencer is not something you have control over. Did the influencers just win the lottery? If you believe that, you'll have a hard time defining the actions you need to become an influencer, if that is indeed your goal. It's the kind of statement that is only true if you let it be true. Does YouTube have some arbitrary powers that relate to discovery? Yes, but if that becomes a problem, you don't have to depend on youtube. If the herd is all solving the problem the same way, you can solve it a different way, right? That's opportunity.

If you investigate all the business opportunities you can easily think of, I'm guessing you'll discover these two things:

1. A solution exists in some form
   
2. There is already some competition

To that I would say, don't worry about it. Your job as an entrepreneur is to solve problems, but you don't have to be the first to solve them. The market will respond if you understand the actual need, beyond just the current solutions. It's not that people need some guy to be on a youtube channel. It's that they need to fix their posture so their neck and shoulder stop hurting; or they need to feel confident about taking their shirt off at the pool; or they need win a fitness contest.

Get down to those needs in just about any subject area, and you can make an offer that people will take, regardless of what anyone else is doing in the space. You'll make the market by correctly identifying a need, and communicating your offer to people with that need.

After that you'll need to figure out some business operations so that you don't stick yourself in an owned job, but I agree 100% with starting by getting some response, at least, from your market.

Thanks!

I'm guilty here, when I was active with my Youtube Channel my main concern was " When these people will praise me as Im their leader " without thinking on what I could bring to the table. My mind was always me me me me and what I could gain from each situation but now (thanks to this forum) Im changing my mindset and focusing on how I can improve the life of others.

But on the otherside, I see a lot of Instagram stars who doesn't seem to provide any real value to other people maybe entertainment (?) and they are living the real fastlane... Earning thousands by uploading photos and videos. Take a look at this dude Lazar Angelov (@lazar_angelov_official) • Instagram photos and videos, he is the role model of what I was trying to do...What kind of value is this dude providing? Pay attention that he isn't giving free advice or anything of that, he barely writes anything.

Okay let's analyze the "luckiest" Twitch influencer of all time: Ninja. He streamed (streamed - this does not include editing, partnership discussions, emails, tournaments, sponsorship with Red Bull, etc.) 3800 hours this year. This is 73 hours per week, or roughly 10 hours and 25 minutes per day, everyday, this year.

Here's an average comparison of his Twitch subscribers count over time:

View: https://www.youtube.com/watch?v=pnOfIw0tNqo&t=4m56s
(from 4m 56s until 5m39s).

Yet, he's just "ANOTHER" twitch streamer happening to be playing Fortnite. He's excellent at the game, but he's not the best (he's more of a pub stomper than a competitive player). What made him become famous so quickly ? His personnality, his own touch. His crazy reactions. That's just himself. He made himself stand out from the crowd because he's genuine. There's no lottery there. He's working like crazy, 70+ hours per week simply playing a video game, even when he's having a bad day. Why ? Because consistency is the key.

Sell $1 items 10 hours per day, and one day, whether it's in weeks, months or years, you'll have no trouble selling $100 items everyday. See the scaling ?

You don't have enough time ? Wake up earlier. Don't watch TV after dinner. Don't lose time on mobile games or social medias. If you don't have enough time it's because you just don't take the time.

Look at @ZCP post where he talks about his busy schedule. He took time off his schedule for this thread. Why ? To provide value to people that need it (thank you very much by the way, ZCP and others who contributed to this thread).

Although the progress is not there yet, This thead should become notable just because of the advice it contains, @Andy Black. Just my $0.02.

Thanks!

Funny is that bodybuilding have been teaching me this lesson for the last 10 years... Without consistency there is no growth. I already do this with the gym life, I just need to reply this on entrepreneurship.

I see a huge mindset issue to overcome here OP. Open your mind and consider, just consider you might be wrong and the people here with more experience than you, actually know what they are talking about.

I here alot of excuses and zero interest in taking actions that will get you to where you want to go.

Everyone has some mindset issues to overcome, the question is if you can put your ego aside and actually listen.

Everyone just wants to help.

A huge part of me thinks your trolling.

Im not trolling and I know that I have a lot of mindset issues to fix.

It has been 5 days since I joined the forum and each reply sounds like a valuable lesson for me, a lesson that I can't get from my near environment. Im reading books like crazy, researching, burning my mind day and night... I wouldn't say that Im not taking action but yes...I can give, do and provide way more than I did previously.
Have some patience, Im just warming up...One day I will be here sharing my story of sucess.
I've been asking these kinda questions on Quora, reddit and many others forums but here sounds like everyone is really trying to help and I appreciate that.

 

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[Rabby]

First lesson: fire walk in TMF forum These guys are on your side, and I am too. They're being tough, probably because your language sounds like you're not really committed. I think you're good just for trying to figure out what to do, so keep it up.

By now its a crowded niche with loads of experts, coaches and trainers and Youtube changed something that even having 19k subs my uploads barely hit 300 views these days.

I've always thought about build a following and becoming a digital influencer but its not something you have some control over.

@Andy Black is right, this reads like limiting beliefs. I'm not saying "start a youtube channel to compete directly with thenx," but you can also think about things differently.

Let's look at the idea that there are loads of experts in the fitness niche. Actually this has been true for decades. Remember Jane Fonda's VHS tapes? Maybe not, but I promise it was a thing. Delivery methods and personalities change, but the need will persistent as long as calorie-dense foods and low-energy occupations dominate the 1st world.

Not only that! Needs evolve. If we all sit on forums long enough, we get rounded shoulders, internal arm rotation, and early-onset "dowager's hump." Wasn't as much of a problem in the Jane Fonda days as it is now. You thought "apron fat" or "muffin top" was a problem? Now people go to chiropractors when they should be doing rows. Or actually rowing boats. But maybe you could help them.

Secondly, examine the idea that being an influencer is not something you have control over. Did the influencers just win the lottery? If you believe that, you'll have a hard time defining the actions you need to become an influencer, if that is indeed your goal. It's the kind of statement that is only true if you let it be true. Does YouTube have some arbitrary powers that relate to discovery? Yes, but if that becomes a problem, you don't have to depend on youtube. If the herd is all solving the problem the same way, you can solve it a different way, right? That's opportunity.

If you investigate all the business opportunities you can easily think of, I'm guessing you'll discover these two things:

1. A solution exists in some form
   
2. There is already some competition

To that I would say, don't worry about it. Your job as an entrepreneur is to solve problems, but you don't have to be the first to solve them. The market will respond if you understand the actual need, beyond just the current solutions. It's not that people need some guy to be on a youtube channel. It's that they need to fix their posture so their neck and shoulder stop hurting; or they need to feel confident about taking their shirt off at the pool; or they need win a fitness contest.

Get down to those needs in just about any subject area, and you can make an offer that people will take, regardless of what anyone else is doing in the space. You'll make the market by correctly identifying a need, and communicating your offer to people with that need.

After that you'll need to figure out some business operations so that you don't stick yourself in an owned job, but I agree 100% with starting by getting some response, at least, from your market.

 

[RazorCut]

Now Im going to give a try on Forex Trading.

That very sentence says you will fail.

 

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[Andy Black]

From your rep points, I see that you are a really good member here but Im not getting the overreaction. You are just making conclusions out of nowhere...

He wants to wait until this weekend. - My mother who lives 2000km away is coming to spend some days with me...This is why this lazy pal will wait until the weekend.
He's going to give it a 'try'... - What were you expecting to read?
Then asks for what's next after that... - I thought that you had some kind of road on your mind when you mentioned my 1st step. Something like " After selling a pen you could try sell that on comission or negotiate that so you can learn how to persuade and etc... "

But I got it, I need to learn how to put things on fire, to take massive action, to do something instead of planning.

The reason behind all my Why, Whats, When, Where, How is that Im trying to plan my year from the start so I can get a clear view of what is ahead.

Yesterday I couldn't sleep on how excited I was with the Forex idea just to find out today that I was daydreaming a bit and this is the thing I hate, not being able to focus on one thing and go with laser focus. I just want to know what are some real options for someone in my conditions, so I could analyze them and pick one.

But you and MJ already gave me the answer, this is something that I need to figure out by myself.

The over-reaction is intentional, to try to get you to take a step forward. You’ll thank @ZCP later for it.

You don’t need to take “massive action”.

You don’t need to analyse anything else.

You don’t need to view the year ahead.

You just need to take a small step and engage the market.

Study the three quotes in my signature. They’re my touchstones.

Pick a direction. Get started. Keep going.

 

[ZCP]

Replace 'why can't I' with 'How can I' .....
Replace 'but' with 'And' ......

No two greater life changing gifts could you give to someone....

 

[Jeff Noel]

I've always thought about build a following and becoming a digital influencer but its not something you have some control over.

Okay let's analyze the "luckiest" Twitch influencer of all time: Ninja. He streamed (streamed - this does not include editing, partnership discussions, emails, tournaments, sponsorship with Red Bull, etc.) 3800 hours this year. This is 73 hours per week, or roughly 10 hours and 25 minutes per day, everyday, this year.

Here's an average comparison of his Twitch subscribers count over time:

View: https://www.youtube.com/watch?v=pnOfIw0tNqo&t=4m56s
(from 4m 56s until 5m39s).

Yet, he's just "ANOTHER" twitch streamer happening to be playing Fortnite. He's excellent at the game, but he's not the best (he's more of a pub stomper than a competitive player). What made him become famous so quickly ? His personnality, his own touch. His crazy reactions. That's just himself. He made himself stand out from the crowd because he's genuine. There's no lottery there. He's working like crazy, 70+ hours per week simply playing a video game, even when he's having a bad day. Why ? Because consistency is the key.

Sell $1 items 10 hours per day, and one day, whether it's in weeks, months or years, you'll have no trouble selling $100 items everyday. See the scaling ?

You don't have enough time ? Wake up earlier. Don't watch TV after dinner. Don't lose time on mobile games or social medias. If you don't have enough time it's because you just don't take the time.

Look at @ZCP post where he talks about his busy schedule. He took time off his schedule for this thread. Why ? To provide value to people that need it (thank you very much by the way, ZCP and others who contributed to this thread).

Although the progress is not there yet, This thead should become notable just because of the advice it contains, @Andy Black. Just my $0.02.

 

[Andy Black]

I've always thought about build a following and becoming a digital influencer but its not something you have some control over.

Huh? You realise that’s what’s called a “limiting belief”? (Google it and beware of your own speech patterns.)


Anyway, forget what you did previously for the moment.

Who will you help THIS week?

Forget getting paid for the moment. Just start helping people.


Business is simple: Add value. Get paid.

The reason it’s so hard is because people over-complicate it and get in their own way.


Listen to that 24 minute recording of a call I had with Tony here:

• Who have you helped?

 

[ZCP]

You spend 15 hours in the grocery store?? 5p today off work, 30 min to store, 15 hours in grocery store, 30 min back, back at work at 9a.

No wonder you can't get started. Always an excuse. Tomorrow = never

You are killing me. Feel like I am being trolled.

I'll set this starfish down and work on another one for a while....
https://starfishproject.com/the-parable/

 

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[Andy Black]

@raad182 ... you do this a lot:

• Yes, but

We’re all trying to sell you on yourself.

You don’t realise all your objections and the problems you foresee are just the stepping stones on your journey.


I’m going to help someone, AND I’m going grocery shopping later.

 

[Timmy C]

I'm going into " Addicted to failure " mode and looking forward to turn my ideas into actions.

What I did
- 10years of bodybuilding
- Youtube channel (3M views + 19k subs)
- Porn blog (wasn't consistent with the content)
- Men's blog (not profitable)
- Sports betting (win some, lose some)
- Actually on a corporate 9-5 job

Things on my mind for the next year
- " How to make money " niche blog - Its not a thing here, weak competition. This one is my main idea for the next year as I have a business management degree and could sell some financial services on the side.

- Get back on the fitness/bodybuilding niche with a website, YT channel and build a brand around my name. High risk here as it is a crowded market.

- Small things like Fiverr gigs, Online Courses, Fashion Brand, Poker, Forex, Stocks...These are on my mind but I don't see the potential live the fastlane through them.

I'm really struggling to find a idea to focus on, I've tried to look around for a problem to solve or something that can be improved but I don't find anything that I can fit the CENTS.

I see a huge mindset issue to overcome here OP. Open your mind and consider, just consider you might be wrong and the people here with more experience than you, actually know what they are talking about.

I here alot of excuses and zero interest in taking actions that will get you to where you want to go.

Everyone has some mindset issues to overcome, the question is if you can put your ego aside and actually listen.

Everyone just wants to help.

A huge part of me thinks your trolling.

 

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[Suzanne Bazemore]

Also, your title to this thread is catchy, but you are not a zero. You have saved a 6 month emergency fund. Don't cut yourself down. Believe in yourself.

 

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[raad182]

Your first issue is mindset. Stop chasing after money as it will always prove elusive. (Honestly chasing money just makes it run away and hide from you).

Your goal should be to forget about money and find some way to help as many people as possible. The money comes as a by-product.



With a successful history of "Addicted to failure" I would't worry too much about meeting all the CENTS criteria. What you probably need right now is a win under your belt regardless of size. That will inspire confidence and take you on to bigger and better things. So pick something that doesn't fulfil the CENTS dream but you can get passionate about and focus in on it, as in move the needle forward EVERYDAY until it is successful.

It's not speed that will make it successful, it's probably not phenomenal execution either. What will make it a success is consistency, day in and day out. Putting up content regardless of having no readership. Perfecting a product that most people would find acceptable. Getting obsessive with the details. Learn that craft and do your best to perfect it. It will put you in a much better place.

While you are doing that you will more than likely hit a point where you see the wood from the trees and will be able to pivot your fledgling business into something bigger and closer to CENTS.

Also ask yourself why your previous ventures failed. There are a whole load of lessons to be learned right there.

Thanks a lot for the valuable reply!

Yes, I was chasing money until I've read the MF since then I've been looking for a problem to solve or what kind of value I could bring to the table. My main weakness is that I'm a jack of all trades but master of none. When I look back, the only thing I've been doing with consistency is hitting the gym but I was young and grew up without my parents to guide me so I needed to figure things outs by myself so this is why those previous enterprises failed, I didn't have the mindset about being accountable but now seems like I just woke from a dream and I want to find something to focus my drive, I just don't know what and there is this sense of urgency to just enjoy my life without sitting on a desk the whole day.

 

[MTEE1985]

Nobody is trying to drag you down, I sincerely think this is worth a read for you:

GOLD! - Sorry, But the Forum Can't Make Your Life Decisions For You!!

Of course I could buy something for $1 and sell for $2 but at the end of the day, what should I expect from that?

Because if you can do that then you can buy 2 things for $1 and sell them for $4. Do the math, in a very short amount of time you will have learned how to make the $2,000/month that you seek.

 

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[Rabby]

Good... keep working on things, you'll do fine. Be honest with yourself, watch out for excuses and limiting beliefs.

But on the otherside, I see a lot of Instagram stars who doesn't seem to provide any real value to other people maybe entertainment (?) and they are living the real fastlane... Earning thousands by uploading photos and videos. Take a look at this dude Lazar Angelov (@lazar_angelov_official) • Instagram photos and videos, he is the role model of what I was trying to do...What kind of value is this dude providing? Pay attention that he isn't giving free advice or anything of that, he barely writes anything.

Notice that his instagram is just the top of a funnel. 5MM followers, of which maybe a few thousand per year will be motivated enough to click onto his website. He's making a soft offer: listen to me, and I'll tell you how to get results like these. On his website, for those who intuit the message, he offers videos, courses, virtual fitness training, maybe some other value ads like live or phone consultations. I didn't look at all he offers, but at a glance you can see he's drawing people into an "education and training" offer. That's where he provides the value. He's making offers, promises, and a few hundred or a few thousand people (maybe more! who knows?) will take him up on it to the point of getting out their credit card. If he's good at making a marketable offer, and pricing, and operations, and product design, then he's probably making a great income.

Is he living the "real fastlane?" That's hard to know. Photos don't tell you much, especially when people are hacking their image for celebrity. I know a model who was once "the top magazine model in the state" according to several publishers and photographers. She was shocked to hear this, as she didn't even get paid for most of the shoots... she thought she was just opening doors, but the image others had was that she had "made it." She was broke and way in the red on that career. Ridiculous. The million dollar view and the jet and the boardroom and the Ferrari in the photo mean nothing. Or more accurately, they only mean that those things are in a photograph.

Another thing to consider. If you have a "celebrity business," you are the business. That alone does not make for persistent assets, and I don't think it really meets the "fastlane" criteria in MJ's books. You need to add something like licensing and royalties, or employees, or some other persisting asset, to make it permanent when the photos stop.

I've met a lot of business people who can not leave their business. You might look at them and think they are "rich" because their income is high enough to finance an expensive car and a large house. However, they live in very expensive prisons. I remember talking with one guy about buying his business, which he wanted to sell so that he could do what he "really wanted." He was desperate to get out of a business with a 1%-er paycheck, but he couldn't do it without a cash offer that was more than the business was worth. At least, not without giving up part of his expensive prison. So don't assume. I don't know what the case is with the instagram guy, but you can't just assume people have "made it" and they're "free." It's fallacious. The nondescript guy wearing jeans and driving a pickup truck is equally likely to have "made it" financially.

 

[Andy Black]

I'm really struggling to find a idea to focus on, I've tried to look around for a problem to solve or something that can be improved but I don't find anything that I can fit the CENTS.

How about looking around to see if there’s anyone you can help?

Who can you help?

Who have you helped?

Learnings from 700+ PMs with fellow forum members

 

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[ZCP]

Have Mom read this thread. What are her thoughts?

'Do or do not, there is no try' - Yoda

You do not need a step by step yet. You need to start producing results.

Want me to continue on this journey with you? Do something today as if your very life depended on it.

Read some lines a while back, no idea where it came from to give the appropriate credit...... here it goes:
Take a trip to a local lake, pool, ocean. Walk out into the water as far as you can. Get to the point where the water is at your neck. Take another step. Now your mouth is covered. You can still breathe if there isn't a wave. Take another step. You have to want this more than you want to breathe. Take another step. You have to be willing to do whatever it takes to succeed. Take another step. You have to quit thinking and start doing. Take another step.

Get started.

 

[Andy Black]

Replace 'why can't I' with 'How can I' .....

How! vs How?

 

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[Timmy C]

Huh? You realise that’s what’s called a “limiting belief”? (Google it and beware of your own speech patterns.)


Anyway, forget what you did previously for the moment.

Who will you help THIS week?

Forget getting paid for the moment. Just start helping people.


Business is simple: Add value. Get paid.

The reason it’s so hard is because people over-complicate it and get in their own way.


Listen to that 24 minute recording of a call I had with Tony here:

• Who have you helped?

I'm guilty of this... I got paid today by simply providing value I refused money he still left it.