Self Education

It’s cool to have a G.E.D.  A High School diploma is grand,  and it’s really awesome of you have a college education.  But regardless of those things, it’s what you do with them that counts!  Some of the most successful and wealthy people have no formal education.

Here are some quotes from some of the world’s most successful business leaders, and as you can see – every single quote centers on YOU going out and making it happen:

Shoe Dog – Phil Knight

“The cowards never started and the weak died along the way. That leaves us, ladies and gentlemen. Us.”

Think and Grow Rich – Napolean Hill

“Tell me how you use your spare time, and how you spend your money, and I will tell you where and what you will be in ten years from now.”

The Millionaire Next Door – Thomas J Stanley

“Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.”

Rich Dad, Poor Dad – Robert Kiyosaki

“Complaining about your current position in life is worthless. Have a spine and do something about it instead.” 

Expert Secrets – Russell Brunson

“Here’s to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They’re not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can’t do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.”

The E-Myth – Michael E. Gerber

“I believe it’s true that the difference between great people and everyone else is that great people create their lives actively, while everyone else is created by their lives, passively waiting to see where life takes them next.”

The 22 Immutable Laws of Marketing – Al Ries and Jack Trout

“You’ll get no further with a mediocre idea and million dollars than with a great idea alone.”

How to Win Friends & Influence People – Dale Carnegie

“If you want to conquer fear, don’t sit home and think about it. Go out and get busy.”

The Hard Thing About Hard Things – Ben Horowitz

“Note to self: It’s a good idea to ask, “What am I not doing?” 

Blue Ocean Strategy – W. Chan Kim and Renée Mauborgne

”Key to winning over your detractors or devils is knowing all their likely angles of attack and building up counterarguments backed by irrefutable facts and reason.”

Are your daily habits blocking success?

“Depending on what they are, our habits will either make us or break us. We become what we repeatedly do.” ―Sean Covey

You are the sum total of all your daily habits. Do yours block your path to success? Do you even notice the damage your bad habits cause?  The self-control required to develop good habits serves as the foundation for a strong work ethic and high productivity.

Pay attention to who is in front of you

When you sit with someone to have a meal or a a conversation, focus all your energy on them. Nothing is more disruptive or irritating than a person on their mobile device, listening with half an ear.

Giving credence to toxicity

Save your emotional energy for those things and people who enrich your life, not those things that destroy our inner peace.  Breathe in the good stuff, breathe out the bad stuff.  Easier said than done, but with practice gets easier every day.

Do you use your phone, tablet, or computer before bed?

This can disrupt your sleep and tomorrows’ productivity. Blue light plays an important role in your mood, energy level, and sleep quality. It also halts the production of the melatonin hormone. Laptops, tablets, and phones emit bright short-wavelength blue light. A poor night’s sleep can have disastrous effects on your productivity tomorrow.

“Surfing”.

It’s so easy to mindlessly scroll through Facebook, IG or Twitter.  Doing this keeps us from actual productivity – and we all do it!  The more we pull focus from our actual work projects, the less productive we actually are. 

Click in and out to scroll enough times, and you can go through an entire day without experiencing any real production.

Electronic notifications

Pings are a nightmare to your productivity flow. Check your messages and notifications at designated times, not every time you hear one go off.  If you can’t resist the urge, silence the notifications.

Learn to say NO

“No” is a powerful word that should not be looked at in a negative light. It’s critical to your productivity and work/life balance.  It can be the difference between stress and success.

Multitasking has its place

During a set meeting isn’t it.

Waiting for perfection

What are you waiting for?  Perfection doesn’t exist. Do something. Anything.

Don’t worry about imposter syndrome

Do you compare yourself to others?  Think you cant do something because someone else knows more than you?  Stop!  No one starts out knowing it all, even the person you are comparing yourself too.  Chances are, they feel the same.

Learning to think differently about your daily habits and self talk can have a significant impact on your personal and working success.

Lack of Motivation? Or something else…

Procrastination??

It may not be that you lack motivation, but that you simply practice procrastination. Procrastination is defined as deliberately delaying or putting off something that requires your attention — even though you know that the outcome may cause negative consequences.  But in all honesty, you may be avoiding your task based upon some form of fear.

Most humans tend to gravitate to those things we find pleasurable and put off what we find painful in some way.

The trigger point of procrastination differs with every person. Often the cause of this problem might be due to anxiety – such as worrying that the outcome won’t be perfect, or even worse — flat out failure.

Ask yourself:  What is the worst that could happen?

Then: Take Action. Run toward your goals. Failure at some point is inevitable – but to get where you want you’ll have to face it head on.  Tell yourself that Thomas Edison made over 1,000 unsuccessful attempts at developing the lightbulb.  And you can now thank him that you can see to read this

Why are you building someone else’s income stream?

Imagine if you will – a good paying corporate job, nice home, happy family, club sports and yearly vacations?  Now, have you considered what might happen if you got your walking papers tomorrow?

Today’s corporate working environment is much different than the long term, work for a company from graduation thru retirement and get a pension that our parents enjoyed:

  • Companies are regularly bought and sold, and workers are terminated. There is very little loyalty
  • “Contracts” are renegotiated on the regular – commissions or salaries are cut to bring company profits in line with changing market dynamics

That’s where the Side Hustle comes in.  If you spend time building your own multiple income streams, rather than depending on someone else’s business to take care of you, a pink slip won’t panic you.

Notice I said Income Streams. As in Plural.  The reason being – things change on a regular basis.  The affiliate commissions you get could dry up if the company goes belly up.  The leads you get from FB or IG can go away if FB decides to randomly suspend your account (hey, it happens!) The MLM you promote changes it’s terms and your commissions get cut.

If your entire business is built on someone else’s goodwill and they change the terms — you have no business!  Being dependent on someone else in your life and business takes control out of your hands and adds anxiety. 

The bottom line is — and let me quote my Grandmother, “Don’t put all your eggs in one basket.” 

But How do I choose my Side Hustle?

As you can imagine, I belong to several online mastermind groups where we exchange ideas, teach and learn from others who are all looking for  and working in one or multiple side hustles.  They are amazing platforms to learn what to and what not to say.

The number one question usually posted by newbies in these groups is: How do I find a side Hustle?  The 2nd most popular question is: are MLM’s my only side Hustle option?  Well…the answer to the 2nd question is easy: NO.

The first question is much more difficult to identify — its a very personal choice.  In your world, you more than likely have limited time, so your side Hustle needs to make sense to your situation.  And hopefully, you can make it something you are interested in and will enjoy spending your side time on. How do you prioritize your limited time for maximum results?

5 questions to ask yourself when identifying what to choose:

  1. Are you passionate about your idea?
  2. Do you know where your first customers will come from and what type of revenue can you expect?
  3. How much time do you have to devote to it?
  4. How much time and money will it take to get started?
  5. Is the business something you can sell for a profit later on?

Make a pro/con list for each idea.  Compare them when making your choice. There are SO MANY options to consider.  Here is a list off the top of my head:

  • Affiliate Marketer
  • eBay flipper
  • MLM
  • Freelance on Fiverr or other sites
  • Online tutoring
  • Resume writing
  • Blogging (your own blog or contribute to others)
  • Shopify store (selling your own handicrafts or others)

This list is by no means complete, and your options are limited only by your own imagination — so get out your notepad and start brainstorming!

Wake up with determination. Go to bed with satisfaction.

The desire to achieve success is inherent in most every human being. But, successful people don’t just become that way. Happiness, wealth, a great career, are all the result of motivation, hustle and hard work.

Use each day as an opportunity to improve, to be better, to get a little bit closer to your goals. It might sound like a lot of work.  But, a hunger for success means you have the power within you to achieve your goals if you apply that motivation consistently.

What you do consistently every day will turn into habits over time. Choose those that will lead you to success, like positive thinking, self discipline, utilizing your time well, and learning new things. In time, they will become automatic, not requiring thought, attention or effort. 

We are a sum total of our daily habits.  Spend time up front setting goals and breaking them down into manageable, bite sized steps: 

Define your dream.  What is your big picture?

Stay focused and disciplined. The art of getting sh*t done is huge.

Turn off your phone, email and TV.  Create a space conducive to focusing on your tasks.

Write down your goals for the month, week and day. Post them where you can see them.

Focus on your to-do list and get it done.  Cross off tasks as they are completed.  There is great satisfaction in watching your immediate progress to help you stay on track.

Treat your time like the valuable resource that it is.  Spend it on the things that add value to your life and lead you in the direction of your goals.

What is Passive Income?

What do you think of when I say the words “passive income”? For me, I like to think of it as making money while I sleep — or better yet, while I vacation.

Passive income is generally defined as a stream of income earned requiring minimal to no effort by the recipient to maintain it or to grow it. Examples of passive income can include rental income and any business activities in which the earner does not materially participate.

If you want passive income for life, however, you have to get to the point where your assets are earning for you. But first, you’ll have to put in one of three things: time, money, work, or all three.

You can earn passive income whether you work a 9-5, own a business, are a blogger, or just have extra cash set aside to invest.

The seeds you plant today are the money will grow tomorrow.

Here are several ideas ranging from starting with no money to investing money to make more money:

Reverse passive income: cutting your ongoing monthly expenses And putting away the savings for a rainy day or an investment opportunity!

Rent or sell an existing asset: Renting out even a single room in your personal space, or equipment you own can be a great way to earn income passively on things you aren’t currently using.

Credit Card Rewards: Earn passively just from spending the money you already do, in the form of Cash back, gift cards, and travel awards.

Take advantage of sign-up bonuses for new cards — earning the equivalent of 20% — 40% cash back in travel or statement credit.

Do you write a blog, have a website or a YouTube channel?  Two words: advertising dollars.

Display ads like Google Adsense might be a great way way to earn a few passive dollars from your Blog or website traffic.

If you don’t want to clutter your site with ads, you might consider Non Display ads.  These allow advertisers to place retargeting scripts on your site, allowing companies to gather information and market to your audience on Facebook or other channels.

Utilize Google’s built-in monetization tools for YouTube accounts with 1,000 or more followers.  Sell the ad space in your uploaded videos.

Affiliatize your blog.  This is a passive income technique where you can sign up to promote certain products or services on your site, for which you will be paid a flat fee or a percentage of the amount of the sale.  Just by referring business their way, you can earn a percentage of each sale generated.

You can find affiliate offers by contacting vendors directly or on dedicated websites such as ShopHerMedia.com.

Invest in CD’s: CDs are simple, straightforward, and a low risk way to earn interest.  If your goal is to make money while you sleep, there isn’t anything more passive than CDs. The longer the CD length, the higher the interest rate typically is. Your rate is locked in, regardless of how interest rates fluctuate during the length of your investment.

Dividend Investing: Buy shares in companies with a history of good dividends, and reinvest the dividends automatically back into more shares.

Buy cash-flowing assets: This is how you make money with money. These options include  dividend investing, business lending, real estate. These are great options — if you have money to invest!

There is no reason you CAN’T make some form of passive income, regardless of how much money you have to start. Start big, start small…just START.

Should you GO FOR THE NO??

Raise your hand if you have been a victim of the GO FOR NO sales mentality in Network Marketing.  If you belong to an MLM, how many of your Upline have trained you in this aggressive way?

Let’s be honest.  This is a tactic, which in its core, takes advantage of the timid consumer, and for the majority, this doesn’t build a long lasting relationship, rather a quick, one time product sale just so you will stop harassing them.   This gives the whole industry an unfortunately bad reputation it may not deserve — Network and MLM marketing should be fairly viewed on their merits as a legitimate business with great products.

A no doesn’t have to mean the door is closed. But…and it’s a big one; the hard sale should be replaced with relationship building.  This is a much softer way of massaging a NO or a skeptic into a long term relationship.  A shift in your mindset may cause a shift in theirs — build a trust factor with a customer, friend, team member for the long haul.

Remember, a NO is inevitable. However, the goal should be to build relationships, not an immediate, one-time sale. Stay with people for the long-haul. Offer them value, show them genuine interest, and follow up. The prospect that said no the first time may eventually become a yes.

What, exactly, is Direct Marketing?

Direct marketing is a when a business communicates directly to a customer and offer a method to procure a direct response.  Direct marketing gives you the opportunity to promote your products and services directly to your customers in a targeted way.  It should focus on promoting a specific product or service, and call on customers to act – to ask for further information, visit a website, or make a purchase.

A good direct marketing campaign should:

  • help you build relationships with customers
  • prove which marketing approach appeals to your target market
  • increase sales

The most important step to an effective direct marketing campaign is to identify and know your ideal target customer.  

  • Who are they? 
  • Where are they and what are their shopping habits? 
  • What is their pain point, and how does your product or service help them?  

By taking the time to research and identify the customers who are most likely to need or want your products and services, you can focus your marketing efforts when and where you have the highest chance of achieving results.

Targeting your message to a specific audience can help you set realistic sales goals and improve results on a limited marketing budget. Businesses can run effective marketing campaigns at a fraction of the cost of traditional advertising.

Utilizing data you collect, you can personalize offers to potential customers to create an immediate connection to your business.  In addition, by combining direct marketing with customer loyalty programs, you can build stronger customer relationships (redeemable points, coupons, discount offers, invites to upcoming sales).  This technique should realize a better sales success rate than mass marketing to people who may not be interested in your products or services.

Direct Marketing

Direct marketing campaigns also allow you to test new tactics, measure the effectiveness of ads, and easily make adjustments to maximize results. Imagine if you email 100 customers a discount code for your website, and 20 use it for a purchase, the campaign had a response rate of 20%. By working out the cost of creating an email campaign, as well as the profit you made from each customer that utilized the code, you can directly correlate the effectiveness of your direct marketing campaign.

Direct marketers also have multiple opportunities to close sales. A telemarketer can ask questions to learn why a person is hesitant to make a purchase and find ways to overcome to make the sale. Companies can obtain names and emails of prospects,  then send email messages with additional information, special offers and incentives to make sales.  The primary objective of Direct Marketing is making it easier for customers to learn about your product and buy from your company.

Need some extra cash? Here’s some ideas…

Bulletin board extra cash

No matter where you are in life; a teenager, newlywed, new parent or set in a career, sometimes you just need some extra cash.  There are many ways to make a few bucks on the side, most of which you can do from home or on your own schedule, that take no specialized training.

Before we get too deep into what legitimate jobs you can try, know this: when searching the internet for your side gig, watch out for scams.  Anything that requires you to pay money up front should be suspect.

The past few years have absolutely exploded with people working in home based, remote, and time flexible side jobs.  Bloggers, Social Media Managers and Web Designers are 3 of the most popular.  But there are other ways that get much less press that we want to share here.

Virtual Assistants:

This year’s hot job is a Virtual Assistant.  This job is a great way to put your administrative and organizational skills to work for bloggers, Entrepreneurs, and other businesses in a virtual atmosphere.  All it takes is a computer, an internet connection and a drive to succeed. Duties could include follow up phone calls, emails, bookkeeping, customer service, websites, and social media. 

A VA can often find work at  job boards like Upwork or Fiverr.

Proofreader:

If you have a computer, an internet connection, a good command of the English language, and an eye for detail, you can work as a Proofreader. Proofreaders are hired to search through documents, books, and blog posts for errors. 

Proofreaders that can  specialize in certain areas – such as proofreading transcripts for court reporters. 

Transcriptionist:

Businesses and bloggers using podcasts and video to reach their audiences often need a transcriptionist to turn their work into written content for marketing or training materials.

Medical, Legal and Governmental transcriptionists are more qualified, requiring additional specialized training.

Transcribe Anywhere is a great course for aspiring transcription professionals.

These jobs can be done freelance with a computer and internet connection.

Online Tutor:

With the right set of skills, becoming an online tutor can be a great way to make some extra cash. Online tutors are needed for many different subjects. Make sure to do your research for reputable companies when applying for online tutoring jobs.  For general tutoring jobs, try sites like Tutor.com and Varsity Tutors . Online tutoring jobs may require a degree or professional certificate. However, some jobs only require some sort of prior tutoring or coaching experience.

Selling Online:

Selling items on eBay,  Shopify or other online storefronts is a great way to make some cash quickly, if you are willing to spend some time scavenging for treasure.

Buy designer clothes, coins, collectibles and other unique items at thrift stores and yard sales, and resell them online

Sell Your Photos:

A free app called Foap is a platform to turn your photos into cash just by downloading the app and creating an account.

Then, upload your photos to the app’s marketplace.

Users that like your photo may buy the license to it for $10. You make $5 For each sale.

Taking Online Surveys:

Surveys can be a decent way to make small amount of extra pocket change without much effort.

Companies like Survey Junkie, Vindale Research and EarningStation pay in cash or gift cards.

Watching Movies:

InboxDollars will pay you to watch movie previews, celebrity videos and the latest news. Playlists may run from just a few minutes to an hour, and you must watch the entire list to get paid. The availability is subject to change, but it’s possible to earn up to a couple hundred dollars a month.

Food Delivery Driver:

Try delivering groceries, takeout and even retail purchases with Postmates. You’ll take home 100% of your earnings when you make a delivery –  no service, booking, or transaction fees like other apps.

Doordash.
As a “Dasher,” you can work as much or little as you want, earning a $6 fee for each delivery, plus 100% of your tips. All you need is an insured vehicle, bicycle and a smartphone.

As you can see, there are many great ways to make side cash, from just a few bucks to potentially creating a Side Hustle that replaces you primary income.  Use your imagination, there are many more ways not listed here.  Share with us your awesome ideas!