Many people have started online businesses and tried to succeed in the internet business world. In terms of their success, three unique and very different types of people can be identified. First is the part-time category. These are the people who are happy with just a little bit of extra income. Next, there are the people who are able to turn their online business into something that earns them a nice, comfortable income, a five-figure income that they are satisfied with and can live on. Finally, there are the people that you hear about all the time who are extremely successful and become millionaires from their online endeavors. They are able to live the life everyone else dreams about because of the money they have earned.
What is the difference between them and what drives these three types of people? What makes one happy with a part-time income, another satisfied with an average income, and another one who will not be satisfied until he or she is enormously successful?
In the first case, the part-timer, it may simply be a lack of motivation. On the other hand, it could be the stage of life they are in. For example, stay at home moms who work online from home have many other responsibilities involving their children that hinder their ability to work full time. Many are happy to earn a part-time income and that is all they need at the present time. At a later stage of life, this same group may have more time to devote to their online business and find themselves achieving a greater income. Sometimes the difference between the first type (part-time) and the second type (average to above-average income) is simply being happy where one is in life.
The difference between the second type and the third type (millionaire type) has been a great puzzle throughout the ages. Many times two people start off the same and much of their business development is the same, but one only achieves a five-figure income and the other goes on to become a multi-millionaire. What makes the difference? You might say luck, and although that does play a roll, something else comes into play which I like to call the satisfaction factor.
One person who builds a business and makes $50,000 a year might have no problems whatsoever with that income. This is because that person might have all their needs met and feel very comfortable and satisfied and not really interested in trying to increase their income further. They just want to enjoy what they have.
However, the person who goes on to eventually become a millionaire is not going to be satisfied with that amount. They want as much money as they can get and instead of spending it on the comfortable lifestyle enjoyed by others, they are driven to continue further in their business development ventures. Instead of spending what they earn, often times they are willing to re-invest that same money to expand the business they have or to invest in another money making venture. They do whatever it takes to get to where they want to be. This kind of person is not satisfied in living the average lifestyle.
Another interesting difference is that a person who has this millionaire mentality has an income figure in their head from the start and they will drive themselves and keep on working until they are making that income figure or more. Do you have an income figure in mind of how much you want to earn? Are you willing to keep going until you achieve that figure? If so, you just might have a millionaire mindset.
7 Habits Of Successful People
First of all, getting started on a concrete objective tends to diminish some of the excitement. When we sit and daydream about what we hope to achieve with a given venture, we are able to tap into a wonderfully abstract sense of unlimited potential. But a goal that has been put to paper, or a project that has been started represents a more grounded, and often not-so-sexy reality that somehow has less appeal than the fantasy version. Such is life.
I usually have a great time in the first concept stages of a new e-book, for example. I often find myself in the car with the radio on, thinking about how great it's going to be to help thousands of struggling net marketers get a grip on their direction. It's always a nice feeling to just imagine the kind of success I will achieve with a new project. How many copies might I sell, and how many emails will I get from people who just loved the book and really benefited from reading it?
Then suddenly, the time comes to sit down at my desk and draw up an outline for the actual structure of the project. (Awwww shoot.)
It's almost always more fun to think about all the "what-ifs" than it is to actually roll up our sleeves and get to work. But the choice is simple:
We can drift through la-la land with no tangible direction and lose money until we go broke. Or we can buckle down, make some plans, then take action on those plans and realize a profit.
Another reason many people avoid the process of taking direct action is the simple fact that it can be scary business. It takes a lot of nerve to commit to a course of action and keep working toward your objective come hell or high water.
But the thing to remember is your plans can always be changed down the road. A goal simply represents the focusing of your intention on a specific objective, and is not some rigid, unforgiving contract that is chiseled in stone.
Mike Filsaime once told me that successful people are able to follow their intuition and make decisions quickly. The direction of these decisions can then be changed appropriately as the need arises.
Unsuccessful people, on the other had, have the habit of taking forever to commit to decisive action, but are then likely to change their direction very quickly. In essence, these folks are afraid to act, and then when they finally work up the nerve to make a decision, they bail out if things don't work out for them in the first ten minutes.
Decide right now to trust your intuition and plot a course for your future without fear or hesitation. Have confidence in your ability to choose your own destiny, and great things will be in store for you.
Both Barbara J. Beddall & Tim Whiston are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Barbara J. Beddall has sinced written about articles on various topics from Depression Cure, Home Based Business and Home Based Business. Barbara J. Beddall is owner of SmarterWay2Work.com and writes on a variety of subjects. To learn more about this topic, Barbara recommends you visit:
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