Translate

Thursday 25 April 2013

When can you say it's enough?

When can you say it's enough?

This is a hard question. I'm going to talk about business, but this go to a lot of subject.

OK, you started a business and you wonder what you should expect to get back. There's a lot of things that would need to be addresses here. And I'm going to talk about a few ones only.

- In reality, most business owner will say that you can expect to make a profit after a few years. I would say that it's all about how long you can keep it working without taking much out of it. How long can you invest most of the money you get from your business without living on the street.
- How much does your business cost you? How much are your ready to risk into a business? You should never go over what you can afford to loose. Even if it's 5$, you should not invest it if you can't loose it.
- Why are you into building a business? Is this a second income? Would you like this to become your first income? Are you in a situation where you don't have anything coming in anymore and want to invest all your time and money (left) into this new business? If you're in the third situation, you should think really hard about this.

There's a lot of money to be made on the internet, but to become a major earner you'll have to become a top marketer. Becoming a top marketer is a long time work. You have to invest lots of time and energy. Get your self out there. Build your reputation. Build your contact and grow your branding. This is hard work and there's also a lot of things you need to learn. You'll make mistake and need to adjust on a daily basis.

Reaching the enough is different for each of us. My enough is not yours. And you should know that the difference between someone who's getting the big buck and someone who's only getting the little one is all about consistence and doing more then the average. The more you do, the better you get. The better you get, the more result you get. The more result you get, the more money you'll make. There's no short cut. It can be done in a short time, but it would need to become a 18hrs / day investment.

A good movie that goes along with this.

The pursuit of happiness with Will Smith

No comments: