Today I’m going to share with you how to increase your odds in online success. It’s simpler than what you think, really!
First of all, do you know that 9 out of 10 entrepreneurs will give their lifeblood and fail?
When it comes to online, I believe the same odds applies.
So, how do you ensure that you are the 1 out of 10 online entrepreneurs who succeed?
Simple. All you have to do is to be an online entrepreneur 10 times!
Mathematically, if 1 out of 10 will succeed, it means if you do it 10 times, there will be 1 time when you succeed!
Some of you may think this is nonsense, but it’s not.
Many people quit too early. In fact, many people quit even without trying!
I didn’t succeed in my first online business. I have registered at least 5 domain names that I hardly do anything with. I also have at least 2 ‘BIG’ websites that I’ve spent at least 2 months preparing but they are now sitting somewhere in the web, collecting virtual dust.
But so what?
I don’t need all my websites to be successful.
Even if you talk about Adsense websites (I have about 70 of them now), the highest earner can make me $500 a month and there are some that are just earning $5 a month.
Again, so what?
All I know is the more websites I have, the more money I make.
Am I disappointed with those websites that fail to perform?
I am. But that only motivates me to continue looking for other ways to bring traffic and make money online.
How about promoting affiliate products through PPC advertising? There is no guarantee that your first campaign will be a success. What if your 4th campaign is going to be a great success but you quit at the 3rd?
The good thing about being an online entrepreneur compared to being an offline entrepreneur is that you can hardly lose your shirt.
I lost $50,000 in 6 months in my first offline business. Question is how many $50,000 can you afford to lose before you hit the jackpot?
But when it comes to online, if you invest $500 on an online business, which is already considered a lot, 10 businesses will only cost you $5000. 1 successful business can easily recover all your losses.
So, if you are thinking of quitting, why not think about what your next project is going to be?
If you persists and keep improving, success is inevitable.