- If you are unwilling to fail, sometimes publicly, and even catastrophically, you stand little chance of ever getting rich.
- If you care what the neighbours think, you will never get rich.
- If you cannot bear the thought of causing worry to your family, spouse or lover while you plough a lonely, dangerous road rather than taking the safe option of a regular job, you will never get rich.
- If you have artistic inclinations and fear that the search for wealth will coarsen such talents, you will never get rich. (Because your fear, in this instance, is well justified.)
- If you are not prepared to work longer hours than almost anyone you know, despite the jibes of colleagues and friends, you are unlikely to get rich.
- If you cannot convince yourself that you are “good enough†to be rich, you will never get rich.
- If you cannot treat your quest to get rich as a game, you will never be rich.
- If you cannot face up to your fear of failure, you will never be rich.
The above is from this fascinating article in the Sunday Times. I found Dennis’ tone and voice to be charming and accessible and not at all like the usual advice on money management or wealth creation. The honesty about what it really takes (tons of hard work, imagine that) is refreshing. I’ve engaged in a bit of entrepreneurialism here and there (selling custom WordPress templates, web design, SEO work, etc.) so stuff like this intrigues me more often. I’m moonlighting outside a regular job (a decent one with benefits, at that) as a way augment my main stream of income, but not too long ago everything I did was contract work or freelance. The pressure and the anxiety were incredible. Some months, I made what seemed like astounding sums of money, only to be followed by a dry spell where my wife and I were practically without food. I was eating ramen in front of a $500 monitor.
I’m certainly not rich (though I can support my wife, step-daughter, and granddaughter), but as I said, it’s becoming a point of fascination to observe who becomes rich and how they do it. I don’t care about people who were born rich, only about people who start out poor and then become rich. There’s no end to the get rich quick schemes on the web, but there are some good points from them, such as automation and multiple streams of income. The schemers would have you believe that income is passive, but in fact it takes a lot of work to manage these systems. Many people claim to be able to help you get rich, but anything they did to make money online was done and over with a long time ago, and now they make all their money by taking advantage of others’ greed and laziness. Greed + laziness = sucker. It wasn’t the prospectors that made gold in the gold rush, it was the people that sold them all their equipment.
It’s difficult to filter through all the garbage to get any kind of good, specific advice, but I have found a couple of resources. I’ve been keeping my eye on two people for a few weeks, following their feeds, subscribing to their email newsletters, and listening to podcasts. The techniques and resources they offer could be used for either legitimate or for splog-type setups, but it’s not the technology—it’s what you do with it. In any case, here are the links:
Shoemoney
Jeremy Shoemaker has an informative site and a podcast, where you can learn all manner of legitimate techniques and get a lot of tips from people who have been doing SEM, SEO, and affiliate marketing for a while. The number one point in his philosophy is: “Embrace new trends and look for opportunities to exploit them.” As a person who strives to stay on top of trends, myself, I can only but agree.
Make Easy Money with Google and AdSense
Eric Giguere has one of most informative blogs I’ve ever seen about really getting something out of AdSense and everything related to it. He’s written a couple books (real ones, not get-rich-quick ebooks), which I haven’t bought but if I were so inclined to spend money on such things, I would trust it based on what I’ve read on his blog so far—a classic case of using your blog to show expertise and build trust. Eric has an automated email course you can subscribe to that I found genuinely informative, with no gimmicks. I got a few very useful bookmarks out of it.
Enjoy the links. Hope you find them useful, and if you do, that you will recommend this post to others.
Technorati Tags: adsense, making money online, memwg, shoemoney, getting rich, finances, business, ecommerce, blogging
Thoughts Aside…
Most of the people now want to start up a small business of their own. Most of them opt for work at home business while at the same time others apply for credit card and spend the money they get out of job rather than starting their own business. For people who work from home the chances of having a bank credit card are higher as most of the time such people are struggling to find a way of bridging loan.