Remember Me
forgot your password?

Make Money Online - The Five Golden Rules

It's January. You've just spent the past few weeks relaxing with family and friends over the holiday season. Your batteries are charged and you are ready to put down this year's resolutions.

The most common New Year Resolutions include losing weight, making more money and spending more time with family and friends.

So how can you achieve all three? Let me share some golden rules with you about making more money that'll make you feel better about yourself, give you more energy to undertake a healthier eating plan and thereby help you lose weight; all centered around you not having to work in a job by starting and growing your own home based business.

Here are the 5 Golden Rules To Making Money Online:

1. Get The Right Mindset - The Biggie!

A lot of people start their online business with a job mentality. They expect to start with little or no capital (like in a job) and expect to receive the equivalent of their monthly salary within their first 30 days of business. And they expect this to happen without investing in their business, no advertising, no prospecting or no training. If any of these services are offered to them they expect to get them for free.

By the time 60 days has ticked around they're on their way out of business and are looking for another job. They now have the opinion that home based businesses don't work, network marketing is a scam and online businesses simply are a waste of time.

The correct way to enter a home based business is to have a business attitude. Making money online requires an investment of time, money and 'blood ,sweat and tears'. You are not going to be able to replace your current monthly salary within your first 30days. Yes there will be exceptions but for most it'll take a little longer.

Your attitude needs to be one of giving. Don't look at an opportunity as "what's in it for me" only, but "what you can give" to that opportunity. A mate of mine Rob is a very giving guy. When he holds an opportunity meeting it's done in a stylish hotel or restaurant with finger food and drinks. He could easily charge $50 per head, but he doesn't. He's shouted me countless lunches and dinners. Never once has he asked for a cent. It's about establishing relationships and usually these reciprocate in may ways.

You've got to programme your mind to GIVE!

2. Plan, Plan, Plan And Set Goal Dates

Your in your car in New York. You want to drive to Los Angeles. Do you start driving?

No! You work out a plan. You check the map, determine the distance and time it'll take to do the trip, organise your luggage, grab some fuel and book some accommodation.

So why do some many people start their day, week or month with no plan. How are you going to go from 'A' to 'B' in business without a plan. It's ironic that most people spend more time planning their holidays then their lives.

So get planning. If you're not sure how to do it, 'Google' the term planning or goal setting and you'll be able to get plenty of help.

But one important step with a plan or goal is that you need an end date. You must decide when this plan or goal will be accomplished by. No date equals no end which means your plan or goal will not come to fruition.

3. Invest In Yourself And Take ACTION

Jim Rohn once said that rich people have libraries in their homes. Poor people invest in plasma tv's, gossip magazines and donuts.

My library is building. I've spent countless thousands on books, courses, seminars, dvds and cds. But talk to a 'newbie' or somebody not cutting in their home based business and they'll tell you they can't afford it. But in their next breath they'll tell you about their vacation to the beach or the latest pair of Gucci loafers they've just bought. Go figure. And they wonder why they don't make money online.

However all the investment in the world won't make you a cracker if you don't put it into action. Watching a dvd about how to make money online won't make you rich. You have to action it.

And success might not be instanteous. You'll need to be consistent and persistent!

4. Be Responsible To Yourself

Make sure you action things. Sometimes they don't work. Be prepared to accept that and move on.

Don't get on the 'negative nelly' band wagon and beat yourself up by saying "Nothing I ever do works. I'm a total failure"

Be responsible for what you do. Don't worry about what others think. Do you really think your 'dream slayers' are going to look after you in retirement. No! Get over these people and move away from them. As you become more successful so do the people you associate with.

5. Get Mentored By The Right People

Shortening your road to success!

For years I struggled with my online business because I was trying to do everything. Advertising, website design, marketing, prospecting, lead generation...everything!

I was buying all the 'gurus' stuff but I wasn't moving forward. Sure I was offered mentoring and coaching but I always considered it too expensive.

One day I decided to take the plunge and invest into mentoring and coaching. I still remember how much I sweated as I put through my credit card payment for the service.

But this is what I found. I noticed a significant improvement in my business. My mentor was able to provide me a whole range of new skills. We were able to tweak my sites, blogs, articles and videos to dramatically improve the number of visitors I received. This lead to more sales and therefore more money.

My primary mlm business went from 1 or 2 signups per month to over 1 per day! In fact it's much higher than that now. Using certain strategies I learnt from my mentors (and I teach them to my group) I've been able to create critical mass in my business that it's self perpetuating.

If you wanted to take flying lessons you'd seek out a pilot, wouldn't you? If you want to make $100,000 per year or even a million dollars per year, you'd talk to somebody already doing it, wouldn't you?. Don't sign up with the pretenders.

I've always adopted this attitude. I've been approached by many people to join them in their 'wonderful opportunity', but I'll only ever sign with winners.

And that's why I've partnered with the industry's best like Jonathan Budd, Mike Dillard, Jim Rohn and many others. You need to find your own mentors and enhance your road to success.

If you put the above 5 golden rules into action, you'll be on your way to making money online and a brighter future. Good luck!

Gregory Reed
Greg Reed is the editor of http://WhoIsGregReed.com which offers great tips, ideas and articles on online marketing. To discover online freedom visit Greg at http://www.whoigregreed.com or learn how his business grows by over 20 new people per day, check out http://www.onlinefreedomcoach.com
Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Business Articles
  • More from Gregory Reed

How You Can Make Money and Work From Home

By: Richard Vennes | 03/01/2010
Are you tired of your dead-end job? Tired of going nowhere? Are you worried about your future? Wondering if your job will be the next to be cut? Have you thought about working on the internet? Do you want to run your own business? The internet is very exciting. You can...

Business Use of Limousine Services is on the Rise

By: Stephen A Daniels | 03/01/2010
Businesses are increasingly utilizing limousine services in place of other modes of transportation such as taxis, public transit, or rental cars. While most people think of this form of travel as prohibitively expensive, it can be cost effective as compared to the maintenance of a company vehicle and driver. As far...

Why Outsourcing Can Save You Thousands of Hours Over Time

By: James Trent | 03/01/2010
In order to develop the key aspects for discovering legitimate outsourcing for your business, first and foremost you should spend some quality time online analyzing and researching various options and opportunities that may interest you. A number of experts and authors are available online to advise you on the many ways in developing the correct outsourcing plan for your business.If you are truly serious about outsourcing read this article now.

Look before You Leap When Ordering Flowers Online

By: Michael Atma | 03/01/2010
Buying anything online these days is easy, all you need is a credit card. However, do you really know exactly what you'll be getting for your money when you order flowers online? You might be surprised at where most of your money really goes.

Finding a Dependable Commercial Cleaning Services For Your Company

By: Loren Yadeski | 03/01/2010
For any company looking to develop their operations, they need to include new office space or commercial property. They also must hire commercial cleaning services which is an essential part of the game plan. The appearance of a company's office space is one of the first impressions communicated to a...

Online Payday Loans - How To Find The Lowest Rate On Online Payday Loans

By: Matt Couch | 03/01/2010
Finding legitimate online payday cash advance lenders is not that difficult of a process but you have to know where to look as there are some lenders out there who will try to take advantage of desperate consumers and therefore it is really imperative that you compare payday loan lenders with reviews before choosing a lender.

Locate The Best Rate On Payday Cash Advance Loans - How To Compare And Quickly Find The Best Rate Online

By: Matt Couch | 03/01/2010
Locating reliable online payday loans is not that difficult but consumers should beware that there are predatory lenders who will prey upon desperate citizens and therefore it is very important that you compare payday loan companies with reviews before choosing a lender.

Fast Cash Payday Loans - How To Locate Legitimate Payday Loan Lenders Online

By: Matt Couch | 03/01/2010
Fast cash pay day loans have become increasingly popular among working Americans who are currently experiencing short term cash flow problems and need to get money quick.

Birthday Cards - Are You Sending Them?

By: Gregory Reed | 21/12/2009 | Marketing
It was first considered that the early Chinese were the first to send greeting cards. There was evidence the Egyptians also included them into their scrolls. By the 1400s the Germans started to send cards but the big movement happened in the 1850's when stamps first allowed cards to be sent...

Liberty League - Is it a Scam?

By: Gregory Reed | 27/01/2009 | Business
Online business opportunity seekers searching for the perfect business have been inundated with advertisements, flyers and articles about the latest wealth builder programme, Liberty League offering wealth building information products for members. I'm always a bit skeptical about these types of business opportunities having seen many spruikers in the real estate...

Make Money Online - The Five Golden Rules

By: Gregory Reed | 12/01/2009 | Business
It's January. You've just spent the past few weeks relaxing with family and friends over the holiday season. Your batteries are charged and you are ready to put down this year's resolutions. The most common New Year Resolutions include losing weight, making more money and spending more time with family and...

How Do I Make Good Money in Network Marketing?

By: Gregory Reed | 04/01/2009 | Business
In times of financial trouble people are turning to ways to make more money over and above their current jobs. Network marketing has long been an attraction for people wishing to start their own business without a huge capital outlay. Often called the average persons best chance, network marketing provides a...

Problems With Herbalife

By: Gregory Reed | 22/12/2008 | MLM
But for people considering starting a mlm business there are some problems with Herbalife that need to be looked at before making the decision to join

How Do I Make Good Money in Network Marketing

By: Gregory Reed | 22/12/2008 | MLM
In times of financial trouble people are turning to ways to make more money over and above their current jobs. Network marketing has long been an attraction for people wishing to start their own business without a huge capital outlay. Often called the average persons best chance, network marketing provides a real opportunity for people to not only supplement their income but in many cases, change their careers.

Discovered! How to Create a Video on Youtube, Myspace or Facebook That Pulls a Ton of Traffic

By: Gregory Reed | 22/12/2008 | Online Business
With YouTube being the No 3 traffic site in the world there’s no wonder everybody wants to throw up a video in the hope of pulling some traffic to their website. Get it right and you’ll also be able to upload to MySpace and Facebook, the 5th and 7th ranked sites, and you could be on a bonanza of free traffic back to your main business site.

Submit Your Articles Free: Signup

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.25, 1, w2)