I see people ewhoring, SE'ing, reselling cracked accounts and what not to make a quick buck.
But, I want you to snap out of it and think for a minute.
What are you actually doing?
Are you building high-income skills which makes business owners WET and they GLADLY pay you top rate for it?
Are you building assets (like personal brand) which you can leverage later?
Are you getting clients which would be happy to refer you to others?
Or, are you mindlessly chasing short term money and wondering why you are always broke...
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chasing short term money and wondering why you are always broke...
Quick money is good but is just that. I always try to be kind and helpfull to my customers. The mouth to mouth advertising is very profitable.
I'm building a brand (national range) and a name (international) for my vbucks shop.
I'm not learning any new skills with this bussiness but I can feed my family with it.
Short term money isn't that bad, sometimes it can be easier for people to chase after short term money instead of building a huge business from scratch with zero investment. Sometimes this short term money can be used to build a business that will generate long term money too.
Very true indeed, I feel like this has been driving me for some time. I want to go for a longer term money plan, planning on starting a identity design and brand strategy firm soon! Do you have examples of high-income skills?
(Jan 12, 2019 09:44 AM)BlackMessias Wrote: Very true indeed, I feel like this has been driving me for some time. I want to go for a longer term money plan, planning on starting a identity design and brand strategy firm soon! Do you have examples of high-income skills?
High-income skill is any skill which makes businesses more money.
Facebook ads, copywriting, CRO, web design, building funnels, email marketing.
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quick money goes 10% savings, 15% for personal use, 75% for investments building income streams
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People are too lazy to plan for the future.
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It's not about short term vs long term $, it's about what you do with that money
I can make $500 on a good day for me, and i could spend it on shit I dont need, but I usually choose to invest it.
(Jan 12, 2019 10:41 AM)PerfectStorm Wrote: People are too lazy to plan for the future.
Yup.
Long term thinking is a must, IMO.
Short term isn't an awful concept. If you do have good sales and reputation on what ever short term method you're using it can add up, currently my business is reselling streetwear, but holding on to profits and using the initial investments to buy the sought after piece and flipping for mainly a 30-50% increase can add up and those profits earned are going to a start up long term process. Yes Long-term thinking is far superior, but you have to first earn what you're willing to invest
“Hustle till the haters ask if you’re hiring”
(Jan 13, 2019 01:40 PM)ＢＯＢＢＹ ＴＡＲＡＮＴＩＮＯ Wrote: Short term isn't an awful concept. If you do have good sales and reputation on what ever short term method you're using it can add up, currently my business is reselling streetwear, but holding on to profits and using the initial investments to buy the sought after piece and flipping for mainly a 30-50% increase can add up and those profits earned are going to a start up long term process. Yes Long-term thinking is far superior, but you have to first earn what you're willing to invest
I totally agree.
But the problem's when people ONLY chase short term money.
Is this you? Always looking for quick money?
Give this a read.
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Short term money always. Having a job is needed no matter what. I feel as though my internet income is just the cherry on top. Though I am laid off right now meaning it is my only income. Always only looking for extra cash though.
Quick money means unsustainable money.
I was tired of the highs and lows, I would rather have the money work for me and have a business model that absolutely slaps
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