Read on Twitter
Lot of you are spread too thin...
- Monday you& #39;re selling ebooks
- Tuesday you& #39;re trading stocks
- Wednesday you& #39;re flipping on ebay
Here& #39;s a better strategy...
- Choose one *good* plan
- Find it& #39;s primary levers
- Focus on them exclusively
Your wallet will thank you.
- Monday you& #39;re selling ebooks
- Tuesday you& #39;re trading stocks
- Wednesday you& #39;re flipping on ebay
Here& #39;s a better strategy...
- Choose one *good* plan
- Find it& #39;s primary levers
- Focus on them exclusively
Your wallet will thank you.
This one really resonated with people, so let& #39;s make it a short thread
WARNING
I& #39;m gonna fire off a couple shots
Things will get mildly spicy
WARNING
I& #39;m gonna fire off a couple shots
Things will get mildly spicy
The first thing to note as that spreading yourself around is defensible in the very beginning
There& #39;s some utility in throwing a few things at the wall and seeing what sticks
This period should not take longer than a month or two, though
Test a bit, then go all in
There& #39;s some utility in throwing a few things at the wall and seeing what sticks
This period should not take longer than a month or two, though
Test a bit, then go all in
The second big point is understanding what a "good plan" is
This mostly comes down to your business model
In my opinion, there are two elements to consider
This mostly comes down to your business model
In my opinion, there are two elements to consider
The first is upside
You should choose something that will either pay you extremely well or is highly scalable
This is why I& #39;ll never recommend a flipping course
Stay out of thrift stores
Instead, do something that& #39;ll eventually pay you $100+/hr or provide equity in an asset
You should choose something that will either pay you extremely well or is highly scalable
This is why I& #39;ll never recommend a flipping course
Stay out of thrift stores
Instead, do something that& #39;ll eventually pay you $100+/hr or provide equity in an asset
The second is making sure the downside matches your level of competence
Choose something that isn& #39;t going to bankrupt you when you make beginner mistakes
So stay away from stuff like stock trading and expensive ecom brands
Most of you will lose
No course will change that
Choose something that isn& #39;t going to bankrupt you when you make beginner mistakes
So stay away from stuff like stock trading and expensive ecom brands
Most of you will lose
No course will change that
So, what are some examples of a good plan?
Here are three...
1. Sell a service
2. Build a social media following
3. Dropship, be an affiliate, or sell info with paid traffic
The first two have almost no risk/downside
All can be scaled and lead to big paydays
Here are three...
1. Sell a service
2. Build a social media following
3. Dropship, be an affiliate, or sell info with paid traffic
The first two have almost no risk/downside
All can be scaled and lead to big paydays
In short, find a business model that...
1. Works for you
2. Has low downside and real upside
Then, put almost all of your time into building it
~ END ~
Thanks for reading
If you liked this thread, click the link below and check out my free products #free-products">https://charlesmillertalks.com/ #free-products ">https://charlesmillertalks.com/...
1. Works for you
2. Has low downside and real upside
Then, put almost all of your time into building it
~ END ~
Thanks for reading
If you liked this thread, click the link below and check out my free products #free-products">https://charlesmillertalks.com/ #free-products ">https://charlesmillertalks.com/...
