This report that you hold in your hands contains 3 simple ideas that have
helped me make tens of thousands of dollars in online profits. In the same
way, they will also help you achieve amazing results for yourself when you
implement them.
If you’ve gone through all the ebooks and training courses, but don’t have
much to show for it, then this report is for you.
If you’ve ever felt that the gurus who are holding back information from
you, that there’s just too much to learn, or there’s some secret or unknown
knowledge that’s preventing you from success, then this report is definitely
for you.
I used to be in a similar boat. I bought Clickbank products like it was my
job. I collected more WSOs than college textbooks during my 4 years at
Penn State.
After first finding out about internet marketing 6 years ago, I became
hooked. Over the years, I kept trying to find the perfect online business
opportunity that would allow me to enjoy streams of passive income and
unlimited time freedom.
Eventually, it finally dawned on me that I was spending more money
buying products than I was actually making, I started getting worried. I
knew this horrible habit was hurting my finances, but for some reason, I
couldn’t stop and kept consuming, hoping to find the magic solution in the
next product.
But I could never find that magic pill.
It got so bad that whenever I sat down to work, I got this clenching feeling
in my gut that I had been scammed with this whole make money from
home promise. Maybe I was just wasting my time and money trying these
online schemes.
As you can imagine, this killed my productivity and focus, making me feel
even worse about myself.
Not only was I embarrassed to admit to my friends and family that I wasn’t
making a dime online, I felt more and more lonely because of the amount
of time I spent in front of the computer. I felt extremely stressed about the
gap between my dreams of “being my own boss” and my actual reality.
I began to grow resentful of all the marketing promises that were made
but had not been fulfilled.
One day, I started wondering if it was my personal mindsets and habits
that were responsible for my lack of success, and not the actual techniques
taught in the courses I bought.
I started studying business mindset material. I read tons of classic wealthcreation books, a few of which you’ll find at the end of this report, in the
resources section.
I started to see where I was screwing up; where my incorrect thinking and
habits were preventing me from making my desired income online.
After making an effort to correct these, things finally started to “click”.
Soon, I had my first $500 week. A few weeks later, I had my first $3,000
week. A few months later, I had my first $2,000 day!
I noticed an interesting pattern: whenever I implemented the 3 tips you’re
about to learn, the money would roll in. And whenever I didn’t follow them,
I would hit a dry patch.
This was extremely eye-opening because for the first time, I realized that it
wasn’t faulty strategies and lack of clear step-by-step explanation in the IM
courses I was buying that were causing me to fail, but how I was going
about building my online business.
In this report, you’ll learn the top 3 ideas that made the biggest difference
for me. These tips are easy to implement and when you follow them, you’ll
find yourself lot closer to your goal of financial freedom and having
more time to do the things you truly want.
Let’s get into it, shall we?
Success Tip #1: Make Speed of Implementation Your #1 Priority
Eben Pagan says that the number one thing that separates successful
entrepreneurs from those who fail is speed of implementation.
Speed of implementation is how fast you take action on an idea after you
first learn about it.
As you can probably guess, the faster you can take action, the higher your
chance of success.
Many people get stuck in trying to figure out all the pieces of the puzzle
before doing anything. They try to research every little detail and do
everything right. As a result, they often end up with the debilitating habit
of analysis paralysis.
However, when successful business people hear an idea, they immediately
apply it to their business, without the unnecessary over-thinking.
The 60 Second Rule For Making Decisions
“A good decision today is better than a perfect decision tomorrow” -
Winston Churchill
Jason Fladlien taught me something called the “60-second-rule”. The rule
is simple: take no more than 60 seconds to make a decision.
Why? Because delaying a decision is worse than making the wrong
decision. You can fix bad decisions, but you can’t fix indecision.
When you make this a habit, you’ll be amazed at how much more you
accomplish.
Keep in mind that the 60 second rule applies to decisions that won’t
drastically affect your business or life. If you’re deciding which house to
buy, you should obviously spend longer than 60 seconds. If you’re deciding
which color to use for your website, then spend no more than 60 seconds.
In the internet marketing world, there’s SO much information that it would
be impossible to apply everything. There’s just not enough time.
The solution is to follow a minimum baseline ratio of time you spend taking
action to time you spend learning or studying.
From now on, maintain a study:action ratio of 1 to 1. Meaning take 1 hour
of focused action for every 1 hour you spend learning.
This is the minimum ratio you should start with. As soon as possible, you
want to start ramping up that ratio and start taking 2 hours of action for
every 1 hour of studying. Then 3, then 4 and so on.
I noticed that the times when I was making the most money online were
the times when I was taking the most action and doing things. And the
periods where I was barely making anything were the times when I would
get caught up in trying to learn everything and make everything perfect.
Action Steps
Take out a post-it note right now and write these 3 things on it:
• Speed of Implementation
• 60 Second Rule
• 1:1 Study:Action Ratio
Post this somewhere near your computer where you can see it every day.
Do this. Right now!
When you start developing the habit of making decisions taking action
quickly, you’ll build positive momentum and consistently stay in “action
mode”. You’ll accomplish (and profit) more in a few days than what you
used to in weeks!
Success Tip #2: Stick To ONE Business and ONE Business Only
Many newbie internet marketers tend to develop “shiny object syndrome”.
They abandon whatever they’re currently working to and jump on the
latest money-making opportunity. This overly-opportunistic mindset can be
one of the biggest obstacles to your success.
I’ll admit, I was a victim to this type of thinking when I first started. I
would always rationalize that the business I was currently working on
wasn’t worth the work I was putting in and my next business, which I will
build with total commitment and dedication, was.
After I got bored with the initial excitement and passion of starting again
from scratch, I would find a new make-money-online opportunity and the
vicious cycle would repeat.
If you find yourself constantly starting new projects, but never finishing
them, then you too are the victim of opportunistic thinking.
If you’re quitting your current project because you hit a road bump, what
makes you won’t quit the next time you hit a road bump.
If I had to start all over again, this is what I would do: I would find a
marketer that I really connect with and buy his flagship product. Then, I
would follow only his stuff and no one else’s.
If an issue came up, that stopped me from proceeding to the next step, I
would try to get that issue resolved as quickly as possible. And if another
potentially profitable business opportunity shows up, I would quickly say no
to it.
In practice, this means you should only be do the things that will help grow
the business you’re currently working on. Only buy new products if they
directly relate your current business (read: do not become a WSO-whore).
The other important thing is to not fall into the thinking that one specific
business model is more profitable than another.
By the way, if you find yourself buying a lot of internet marketing products,
but not using many of them, you probably notice that you feel better about
yourself and your chances of success immediately after you buy them.
Why is this? You feel that each product you buy will make your success
easier, since it contains information that you need to know. You believe
that success will automatically happen when you have the right resources
or some secret information.
This, of course, is not true. What will determine your success is not your
resources (products, software, knowledge), but your resourcefulness
and ability to take focused action (speed of implementation). From now on,
stop spending the majority of your time looking for resources and instead
fully leverage what you have and focus on executing your projects, goals
and important activities.
There is no single “easiest”, “fastest”, or “lowest-risk” way to success in
internet marketing. And that’s something you’ll rarely hear any “goo-roo”
admit.
For example, a Facebook marketing goo-roo will always claim that
Facebook is one the easiest, fastest way to make money online. After all,
he’s trying to sell his Facebook course, so why would he say anything
otherwise?
I have friends who make thousands per day with affiliate marketing. I also
have friends who make thousands per day from selling their own products.
I’ve made thousands in a day with website-flipping.
My friends and I are not successful because we’re in the business of
affiliate marketing, website flipping or product creation business. We’re
successful because we committed to our business models and figured out,
over time, what works and what doesn’t.
Action Steps
Make a commitment to finish building a business you’ve been working on
or started on in the past but quit.
I know it can be tempting to start over from scratch and tell yourself that
this time, you’ll do everything perfect, but instead, go with you already got.
Commit the next 30 days to focusing exclusively on this project. This
means do not even consider any new money making opportunities- no
matter how simple or hands-free they seem.
(It’s fine to purchase products that are related to your business and will
help you. For example, if you do video marketing, then it’s totally fine to
download the latest YouTube course since it probably contains information
that may help you. It wouldn’t be smart to get a Facebook course
however)
When you try this, you might begin to have doubts that continuing what
you’ve doing is a waste of time/money and not going to work, keep in
mind that these doubts and worries are just a habitual way of thinking that
have prevented you from succeeding in the past.
See them as just that- mere thoughts. Don’t make them into reality and
press onwards.
At the end of the 30 days, you may be surprised with how much you’ve
accomplished. Chances are, you will be making much more progress and
money than you imagined.
Success Tip #3: Create A Must-Do List With Time Limits
If you’ve ever felt worried that you don’t have enough time in your day to
do the things you need or want, then you’ll love this tip.
In internet marketing, there are an infinite number of things we can do to
grow our business and make more money. We can always be creating
more content, getting more traffic, tweaking our conversions, and so on.
That’s why it’s crucially important to pinpoint the few tasks that will
actually make us the money and focus most of our efforts on those. When
you do this, you’ll be doing the things that actually put money into your
bank account, rather than waste your time on something that won’t make
much of a difference in the end.
This is exactly what a Must-Do list will help you accomplish. This is not a
to-do list where you write down every new task that pops up in your head
and hope you’ll get around to doing it (chances are, you never will).
This is a list that you must complete by the end of the day. You can’t go
to sleep without finishing them. Imagine someone held a gun and would
shoot you unless you got everything done. Treat it that seriously!
Again, this list is not for things you would like to get done. Create a
separate list for that and work on those if you have time.
Your Must-Do list is where you write your most important priorities; the
crucial things in your business that result in profits.
Here’s How To Create Your Must-Do list, Step By Step
1. Write down all the tasks you need to complete in the short term (this
week). Then, identify the top 20% that are the most important and need to
get done first.
2. Think about exactly what you would need to do in order to do each task
well and give yourself a time limit (x minutes or x hours). Write that time
limit next to the task.
3. Start doing the tasks on your list the first thing when you sit down to
work every day. Don’t check email or Facebook. Turn your phone off. Lock
yourself in your room. Remember, someone has a gun to your head!
This may seem overly simple, but unless you are already creating lists and
setting deadlines, do not discount how powerful this system is.
I used this exact task-management system to create a product that sold
5x as much compared to a previous product I created without this
system. Not only did I make more money, I also spent 8x as LESS time!
Why is setting time limits and deadlines for ourselves so important (and
profitable)?
See, when you set time limits and deadlines, your force yourself to finish
the task in the allocated time. This is known as Parkinson’s Law, which
states, “work expands so as to fill the time available for its completion”.
For example, If you gave yourself 2 hours to create a 500 word article,
you’d probably take your time with researching, writing, and proofreading
your article.
But if you gave yourself a strict 30-minute time limit, you’d still get
everything done, but you would work faster because you have the pressure
of a deadline. If you’ve never tried this, you’d be surprised at how
efficiently you can complete the same task, without sacrificing much in
quality.
Here’s an example of my short-term tasks list for Genius Profits…
• Finish free report (what you’re reading right now)
• Create squeeze page
• Buy domain from Name Cheap
• Install Wordpress
• Install theme and plugins
• Play around with theme to make everything look pretty
• Write About page
• Write an epic blog post
• Publish post
• Set up list
• Write an epic guest post
• Contact bloggers and offer guest post
• Create epic forum post
• Create 20 Q and A videos
This list isn’t complete, but you can see that I have blog admin tasks,
content tasks and traffic tasks.
Right now, I’m not going to worry about traffic or blog stuff. Some people
want to have a clean looking website up first, but I don’t care about that
stuff. I want to focus on having killer content ready first.
So my Must-Do items for today are…
• Finish free report
• Write ‘About’ page
• Write an epic first blog post
I’m not going to go to sleep until I complete these 3 things.
Next I’m going to set a time limit for each one, based on my estimation of
how long it will take me to do a good job.
• Finish free report (3 hours)
• Write ‘About’ page (30 minutes)
• Create an epic first blog post (4 hours)
I’m going to hold myself to those deadlines.
Sure I can spend 2 hours creating the perfect ‘About’ page for my blog. But
will that extra 90 minutes really be worth it?
It’s hard to say, but I think making it “good enough” and moving on to the
next tasks is a much better strategy than aiming for perfection and
delaying action and implementation.
(By the way, I’m perfectly fine with spending significantly more time on
creating content for my audience because I want put out the highestquality stuff possible.)
Tomorrow, my Must-Do list will probably look something like:
• Buy domain (5 minutes)
• Install Wordpress (5 minutes)
• Install themes and plugins (15 minutes- I use a template so it doesn’t
take that long)
• Create squeeze page (30 minutes)
• Play around with theme to make everything look pretty (30 minutes)
• Publish About page and blog post (10 minutes)
• Set up list (30 minutes)
I’m sure I can spend all day playing around with the theme and making my
new blog look nice. But a much prettier theme going to make me a lot
more money? I doubt it.
I would rather spend 30 minutes tweaking the theme so it’s “good enough”
and move on to more important tasks – publishing my content and setting
up my list.
The day after, I’m going to start doing the tasks to get traffic.
Hopefully you now understand the importance of creating deadlines for
every task you do. Doing so refocuses you on the big picture and prevent
you from getting stuck on one particular thing that probably won’t make
much a difference anyways.
Action Step
Using a pen and paper (I prefer actual pen/paper to typing on the
computer), create your own Must-Do list.
Fill out this list for the next day’s tasks before you go to sleep, or before
you start working every day.
It will take some getting used to at first since you’re probably not in the
habit of setting deadlines. Keep at it and eventually, you’ll be a productivity
machine!
You might be wondering, how what does becoming more productive have
to do with making money?
Um, everything!
Imagine what it would be like to finish every project you start, in less time
than you expected? Would you agree that you would probably be a lot
farther along and raking in bigger profits than you currently are right now?
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