A Bullet From A 14-Year-Old Is Just As Effective As The Top 7 Mistakes Newbies Make While Building Their Online Empires

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The Top 7 Mistakes Newbies Make While Building Their Online Empires

The internet started in the 1980s and went mainstream in the 1990s, when companies like Yahoo, Amazon, eBay, and Google quickly built their empires. By the mid-2000s, when YouTube, Facebook, and Twitter opened their doors for mass participation, the world had become one giant flat global village. Today, we are citizens of the world. Nineteen Eighty-Four, first written by George Orwell in 1949, is here, but unlike the dire predictions of 1984, the Internet has democratized communication and commerce and nothing can stop it step forward.

While it took many global brands hundreds of years to achieve MNC (Multinational Corporation) status, the internet is producing global corporations and billionaires at a speed and speed unheard of in history. Before the dot-com boom, there was only one documented employee who went on to become a billionaire, the late Roberto Goizueta, the former chairman and CEO of a global brand, including Including Steve Ballmer, Tim Cook and Meg Whitman, to name just three, who became billionaires while serving as directors and employees of Microsoft, Apple and eBay respectively .

Jeff Bezos, Larry Page, Sergey Brin, Jack Ma, Mark Zuckerberg, Jack Dorsey and other founders of global e-commerce giants needless to say, let alone The top echelons are all billionaires. By 2018, Jeff Bezos was not only the world’s richest man, but the richest man in modern history, with a net worth of more than $104 billion, just 23 years after he founded Amazon.

Judging from public information, Amazon, Google, Facebook, Alibaba and other global Internet giants have several millionaires among the top 5% to 10% of their employees. Of course, the Internet has also helped other global giants such as Berkshire Hathaway, Apple, Microsoft, Hewlett-Packard and General Electric to achieve further explosive growth, while also making more employees millionaires than ever before.

While you needed millions and thousands of employees to scale your business operations to make it big leagues before the internet, today you can be a millionaire with just your laptop and an internet connection. Indeed, how much and how quickly you can grow into a millionaire today is only limited by your imagination.

To show how imagination can win online, let’s take CD Baby founder Derek Sivers as an example. An introvert, in search of a cure, he joined a circus and became a clown; perfected his guitar playing skills; started making songs; and became a musician and artist. Long story short, he made a music CD and the store near him wouldn’t stock it. To solve his problems, he set up a website called CD Baby in 1998, where he began selling his music and inviting other musicians to join him. Just ten years later, he sold CD Baby in 2008 for $22 million.

Americans, Western Europeans, Australians, New Zealanders and Israelis are expected to dominate the internet, but anyone anywhere in the globe can join. As someone who has studied Internet phenomena for some time, these are the top seven mistakes newbies make from my own opinion to the Internet. Read on and learn how to wind your way to Internet success.

1. Only hang out with Internet “experts”: Beware of experts. They are in a class of their own. While most of them made their fortunes online, most of the more familiar names made their fortunes before the Internet. Why follow the masters when you’re not in the same league as them? It’s like learning the 100-meter dash and heading to the Olympics to compete against the likes of Usain Bolt, Florence Griffith-Joyner and Magic “Bullet” Johnson. You will only end up frustrated. The solution, find someone who is three to five steps ahead of you and learn from her.

2. Try to do many things at once: Doing so will be your fastest path to failure because you will be a jack-of-all-trades, jack-of-all-trades. Do you want to build an eCommerce, marketplace, membership site, or do you want to learn HTML, how to code, develop software, or do you want to learn SEO, develop electronics or apps? Single-mindedly decide and focus until you gain the upper hand in one area before jumping to another.

3. Not putting in enough effort: It’s easy to be led into thinking that making millions is a walk in the park and anyone can do it. Thanks to motivational speakers, you can believe that anything you can imagine and believe, you can achieve. Beware, if it were that easy, we’d all be millionaires. Granted, it is easier to succeed online than offline because you can easily scale, however, you still need to stay up late, put in time, toil and sweat, and enough capital investment and learning before you start to see the pointer move in your favour. direction to move.

4. Lack of skills or reliance on superficial skills: When people read books and watch YouTube videos with titles like, How I Made My First $1 Million Online, How I Sold 1 Million Ebooks Online Book and get everything ready, then go have fun and watch the millions roll in who take what they hear about hooks, nails and sinkers. Again, if it were easy, everyone would be a millionaire. As Tony Robbins always said, “It’s not what you know, it’s what you’ve been doing”. While thousands of people are successful online, the techniques for achieving great success are powerful and beyond the grasp of most. So get ready to learn new skills such as video production, copywriting, scripting, podcasting , webcasting, conducting webinars, etc. While you can outsource things that are beyond your capabilities, you still need to know who you can outsource to, and even what.

5. Not developing online properties early: Online properties such as websites, blogs, YouTube channels, vlogs, electronics, to name a few, allow you to scale quickly and monetize early. The mistake most newbies make is to wait until they are perfect. You don’t need to be perfect to get your first website up and running. Sometimes newbies think the site is about beauty. It is not. It’s about functionality. While aesthetics have their place, functionality is paramount. Can people easily interact with you and your website or blog? Without an online presence, it’s hard for people to get to know you, get to know you, and have a conversation with you. So get someone to design a website for you tomorrow. If you don’t have anything to post, just post your pic and say hello, my name is new to the internet. You might say I’m on Facebook; just know they serve different purposes.

6. Failing to hire a coach early: Derek Bork, former president of Harvard University, quotes the following quote: “If you think education is expensive, try to be ignorant.” The biggest mistake is going it alone. You can, but be aware that you could spend years trying to figure out how to do it, and what you already know or are popular with is outdated. Of course, you can learn almost anything with Google and YouTube, and bright newbies can be mentored and mentored to show them the way of the web. Some newbies think they can’t afford a trainer or trainers because they mistakenly believe that trainers are for elite tennis players like Serena Williams, elite boxers like Floyd Mayweather, and For elite golfers like Woods. But in fact, it’s not. Anyone can afford a coach. It all depends on where you look. Go out and get a coach and you’ll get over all the other mistakes in one fell swoop.

7. Lack of mental toughness: This is a resilience mistake that needs to be overcome. Novices who lack mental toughness are easily discouraged and give up prematurely. If you haven’t read The Land of Diamonds, check out your local library and read it. Mental toughness means believing in your vision, mission and purpose. It’s worth noting that Amazon lost money for 58 quarters (roughly 14 years) before turning a stunning profit. If you lack all other ingredients but develop a strong willpower, you will win.

I put the bugs in order, with the ones that break or drop easily at the top, and the ones that are harder at the bottom. Mindset overrides all other errors. Take care of your mindset and your mindset will take care of other mistakes. Don’t just believe in your vision, start doing it, start implementing it, start executing it, start doing it! You don’t need more knowledge. All you need is total confidence in yourself, trust in what you already know, and an effective coach to show you the tweaks, bends, and turns of the internet, and before long you’ll be cutting yourself a slice of the internet pie and loving those.

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