Connect with us

Success Advice

7 Fatal Habits Slowing Your Entrepreneurial Success

Published

on

7 Fatal Habits Slowing Your Entrepreneurial Success

You work hard. You buy the courses, read the books, go to the seminars, but your business is still growing small or maybe even non-existent.

You just KNOW that the secret to your success is in there somewhere. If you could just copy their talent, or their skills or even some daily habit you know you will see your productivity increase and your results skyrocket. But is that really the case?

So many times when we see successful people we wonder what can we do to copy them, or what are we not doing that we could be to follow in their footsteps and see those same results. But the reality is that it is not necessarily about learning a new skill or talent, or even adding something new at all. Sometimes the biggest gains we get are from stopping or altering your current habits.

 

Fatal Habit #1: Letting others control your morning

If you are having trouble getting a lot of things done, first look at your morning routine. You probably wake up groggy almost every morning, hit the snooze button once or twice before dragging yourself out of bed, and what is the first thing you are likely to do? Probably check your phone.

That’s the problem. Right away you are putting other people’s agendas ahead of your own. Their texts, their emails, their Facebook posts. Why not make yourself the first priority in the morning? What could you do instead that puts your goals and your life as the main priority?

Here are a few options:

  • Read a book, just a chapter, heck just a few pages would be better for you than checking email. It will give you some new ideas just to start your day. It might trigger a new idea for a blog post, or someone you should be reaching out to. Either way, your business improves right from the start of the day. Your mind actually has all day to work on developing solutions for whatever ideas you got from your early morning reading.
  • Meditate, either on your own or with one of many awesome guided meditations out there (I personally love guided meditations because I struggle to sit there myself…my mind tends to wander).
  • Listen to an audio book (same benefits as reading a book without even needing to open your eyes).
  • Listen to a podcast. This might take a little bit longer than the other options, but again it will teach you some interesting things that can foster creativity and inspire new ideas for your business.

All of these are fine. They will wake up your mind and get you ready to attack your day far better than the useless junk that is probably in your inbox or on your newsfeed. In fact, try turning email off on your phone and see how much better your morning is.

The best part of this change in your morning routine is that it takes up less than 10 minutes of your morning. If you say you don’t have 10 minutes in the morning, try getting up 10 minutes earlier to get this done. The result will be huge for you.

The MOST IMPORTANT thing that you can do first thing in the morning, is to work on your biggest, most pressing challenge for at least 25 minutes before you ever think about looking at your phone or checking your email. I would recommend giving yourself a full hour. By working on your biggest challenge first thing in morning you will ensure that you are putting in enough time to eventually blow past it and move on to other tasks to continue growing your business.

 

Fatal Habit #2: Losing focus from your current project

This is one of the more common habits we face as entrepreneurs today, as there are just so many distractions: television, social media, netflix etc. And then there’s all the things going on in your social life, the text messages from your significant other, kids running around the house. Sometimes it is just hard to stay focused and it gets us knocked off track, costing us valuable work time trying to restart after each interruption.

Additionally, sometimes even when our phones aren’t going crazy and the kids are not running around the house, we still are not as productive as we could be because we are not entirely sure what we should be doing. We have all seen tons of people who recommend creating huge “to-do” lists with like 8-10 tasks on them, but this is not ideal.

Why? Because it is incredibly difficult to get 8-10 things done each day, especially if the business is not your only focus. Instead of motivating you, it ends up demoralizing you because everyday you feel incomplete because you are never completing your entire list. Try creating a list of just the three most important tasks for you to get done that day. This gives you an achievable number of tasks each day. You actually look forward to getting them all done because then you can enjoy some time with your family, your friends or a hobby guilt free.

But here’s the trick to really make sure you get things done. So many times we will write down that we need to get this done, but will stop completely when we hit any kind of resistance. So how do we ensure that we know exactly what to do to complete our three daily tasks? The night before, write them down before you go to bed.

By writing down the necessary steps to complete each task you will be able to plan out the exact steps you will be taking to complete each task. This helps you from getting stuck or being unsure what your next move is. When you complete all the steps for each task, you are done, go enjoy yourself for a bit, write your three tasks for tomorrow and do it all over again the next day.

“Whenever you want to achieve something, keep your eyes open, concentrate and make sure you know exactly what it is you want. No one can hit their target with their eyes closed.” – Paulo Coelho

Fatal Habit #3: Doing non-income producing activities first

Far too often we get bogged down in unimportant tasks that do not grow our business. But because we are doing something we think we are being busy and/or productive. The reality is that we are actually neither. The reality is that all tasks are not created equally and you need to know how to prioritize which tasks to do first, and which tasks can be put off until later, outsourced or scrapped entirely.

There are 4 different types of Business Activities:

1. Income Producing Activities

These are the activities that will immediately provide you with sales. This can include webinars, writing sales pages, writing email launches or creating sales videos (for a service based business this would be actually performing the service). The simple rule for this group is if it won’t make you money it doesn’t belong here, this will be your top priority tasks.

2. Asset Creation

These are the tasks that will create useful pieces of your income producing processes. This includes creating products, making website pages (for sales or products), building out new sales funnels and guest posting. These activities are generally related to either product creation or list building.

3. Active Asset Nurturing

Once you have an asset created this is when you are providing additional work/value to the asset. Tasks in this category include creating new bonus modules for courses or sending out a value adding email to your list (notice how I did not just say send out an email, a sales pitch email…whether your product or an affiliate product does NOT qualify here, that actually is higher up). Basically, these tasks are providing additional value to assets that are already up and running.

4. Everything Else

This is everything else. The basic rule here is that if it’s not one of the first three tasks you either delay it, delegate it (outsource it) or discard it. There’s nothing here that is an immediate priority and you should avoid spending as much time on these tasks as possible. Doing $10/hr work will not get you moving toward your goals.

Set up a spreadsheet with the 4 types of tasks, list all the tasks you do or need to do and put them in each category. List all the tasks that you do, whether daily, weekly, monthly or even yearly. For the category 4s, figure out what you will delay until you have free time, what you will outsource and what you will just delete from your list of tasks.

 

Fatal Flaw #4: Poor personal health habits

Many times we expect that we have to “grind” our way to success. Unfortunately that means we end up thinking we need to just work on business and ignore everything else: fun, family, friends, but the most important thing that we cannot ignore is our personal health.

Sir Richard Branson has said the number one “secret” to improved productivity is to work out. Because our body is the single most important investment in your life. Working out increases your energy, your sleep and your focus, all things that you need to do your best work. The good news is that you can work out fairly easily, because you don’t need to be the next Mr. Olympia to receive the benefits of regular exercise.

For me, I like to do some kind of quick workout right after getting out of bed to get the blood flowing, and also because getting in a light workout before eating a meal allows your body to burn more fat as it will pull from your reserves since you haven’t recently fed it anything for it to burn.

This can be a simple program consisting of stretching, pushups and body squats (or whatever types of bodyweight exercises you like to do). You can do a full workout later in the day, or after work if still at a 9 to 5 job. If you are a morning person feel free to go nuts and do your full workout first thing in the morning. Additionally you have to fuel your body properly in order to get peak performance. If you eat better your body will react better: better focus, more energy, happier.

Again, much like workout plans there are tons of options for nutrition plans online. I personally like the Tim Ferris Slow Carb Diet. It is simple, easy to follow and starts giving you immediate results (I lost 5 pounds the first week I did it, that made it easier to get past the adjustment period and keep going). This allows you to be healthy and still enjoy your cheat day (FREE TIP: Don’t drink away your calories…save that for your cheat days).

 

Fatal Flaw #5: Not taking action

It is great if you have the best morning routine, you eat the best foods, drink enough water and even find time to workout. But what about your business? It’s great that you have the entire Dan Kennedy library of products (Dan Kennedy ROCKS, by the way), but your business will not grow unless you take ACTION. The only way you will make money is by taking action.

All those “think about the money and it will come” mantras are simply woo woo crap. It takes real work to build a business that makes money versus one that is just an expensive hobby. Why expensive? Think of all those courses that we buy, hoping that each one provides that ONE secret that explodes our business. So we just keep consuming course, after course after course, and yet the results never seem to come.

A good course is not designed to be consumed in full. It is designed for you to go through a module, and then take action on what you’ve learned, and then go to the next module. Rinse, wash and repeat.

A good rule of thumb is that for every one hour of training you should take 3 hours worth of action. Now some will take longer and some will be shorter, but that should be the goal (especially since you should end up having some ongoing tasks that you will have to keep doing over and over again, such as writing emails, making sales funnels or writing guest posts).

“Never confuse motion with action.” – Benjamin Franklin

Fatal Flaw #6: Allowing negative influences into your life

Honestly, I was tempted to make this #1, because one of the biggest flaws that we make is keeping negative influences in our life, this can include television, radio or even other people. To be successful we need to RUTHLESSLY keep those negative influences away from us. They can be poison to our mood, our minds, and our productivity.

Both television and radio have too many things you cannot control. Things like commercials or news stories that will not help you. Food commercials that give you unhealthy food cravings, medicine commercials about different diseases and side effects…it is all just really sad and depressing. And they both hurt you physically, mentally and emotionally.

But I’m also not going to tell you that you have to cut it out entirely (although that is obviously ideal), as I’d be a hypocrite because I love Shark Tank, The Profit, and Major League Baseball. As for the radio, that one is much easier to replace. You can listen to an audio book from a source like Audible or your local library, or use an app to listen to one of your favorite podcasts. By turning your car into a classroom you can get literally days worth of extra learning in during the down time of driving.

But use it as a welcome break from your hard work rather than something that you do out of habit. Treat it like a small reward for a good couple days of work rather than an everyday event.

The worst negative influences of all, can be our friends and family. While you cannot let them try to destroy your dreams (and they will if you let them). So you really have two options: Avoid spending time with them as much as possible (understanding that they are your family and friends so you will likely see some of them a bit even if they don’t support your business goals) or try to turn them into an ally by asking them for advice, put them in your shoes and then asking what they would do if they were you.

And finally there are those people who are just so negative that you may just need to cut them out of your life entirely. I had former teammates who I haven’t spoken with in years now because of how unsupportive they were about my entrepreneurial ventures.

“Surround yourself with only people who are going to lift you higher.” – Oprah Winfrey 

Fatal Flaw #7: Not measuring your progress & results

Baseball great Yogi Berra once said “If you don’t know where you are going, you’ll end up someplace else.” This is true with our businesses as well. We can do all this work to try and get results, but how do we know what is working and what isn’t? One word; metrics.

But not just any metrics, pick metrics that are based on your goals. For example, if you want to get to 1000 subscribers on your email list, you will likely care about metrics such as total subscribers each month, and your conversion rates from your opt-in page or other lead capture devices. If your goals are mostly based on income then our metrics will be based more along sales and expenses.

But the key is to give yourself specific numbers to shoot for: 1000 subscribers, 25% conversion rate, $100k in sales etc. Then give yourself specific time frames to measure (I personally like monthly, quarterly and yearly goals). This gives you a few short term goals to make changes on, as well as the full year goals that give you a full picture of your business.

 

Thank you for reading my article! I would love to hear your thoughts in the comment section below!

BJ Pivonka is the founder of Athletic Entrepreneurs (bjpivonka.com), where he helps former college and professional athletes successfully transition from their playing career into their own profitable entrepreneurial venture. At his website you can get hisFREE 5-day email course to get your first profitable idea and start earning money even if you do not have an idea yet.

Advertisement
26 Comments

26 Comments

  1. Alexander

    Sep 27, 2017 at 10:08 am

    Great article, it help everyone to be more focus
    benz service

  2. Matt Lancaster

    Jan 21, 2017 at 7:41 pm

    Habits can be very powerful – or destroying, holding you back.
    Really Really nice article.
    Thanks

  3. MD Farhad Hussain

    Jan 7, 2016 at 6:50 pm

    Great Article. I was suffering with #6. Even though I know what to do, this article clarifies all things again.

  4. Geraldo Angel

    Jul 11, 2015 at 2:41 pm

    That was amazing! Sometimes one of those habits happened to me but with the time I get better and better

    • BJ Pivonka

      Jul 12, 2015 at 9:48 pm

      Geraldo,

      Thanks for the kind words.

      And yes, as long as you know about the habits, you can work on fixing them and continuously getting better.

  5. Mohinish Nirwal

    Jul 11, 2015 at 2:08 am

    Great article. I had my tongue in teeth on 4th one… From past few years I am not able to do physical exercises the way I used to do in college and later… I’ll stick to it.
    Thanks BJ Pivonka.
    Mohinish Nirwal

    • BJ Pivonka

      Jul 12, 2015 at 9:50 pm

      Thanks Mohinish!

      You don’t even need to go crazy and do some instanity type stuff, James Altucher just goes for walks everyday. I know guys who do sprints.

      And then there are sites about doing five minute workouts to do some high quality exercisein a short time.

      You have tons of options, just find something that works for you and keep doing it.

  6. Sija Mafu

    Jul 10, 2015 at 9:09 am

    Geez! I see a lot of my own flaws in this article. I’ll do what I need to in order to adhere to them. Thanks for sharing,

    • BJ Pivonka

      Jul 10, 2015 at 1:39 pm

      Sija,

      Glad you enjoyed the article. It’s a matter of just taking small steps to keep getting better in each area. Once you keep that up you’ll starting disproportionate results.

  7. Ernie

    Jul 10, 2015 at 12:56 am

    Very wise advice my friend! Even correcting just one or two of these flaws is enough to build some solid momentum. Great article.

    • BJ Pivonka

      Jul 10, 2015 at 2:28 am

      Thanks Ernie!

      glad you enjoyed the article.

      And I agree, you don’t need to fix all 7 right away. Fix one or 2 at a time and you’ll start seeing huge results.

  8. Janette

    Jul 9, 2015 at 11:01 pm

    Oh wow! #1 is definitely talking to me! ” Right away you are putting other people’s agendas ahead of your own. Their texts, their emails, their Facebook posts” that’s exactly what I do…but not from tomorrow morning that’s for sure!

    Thank you! Mwah x

    • BJ Pivonka

      Jul 10, 2015 at 2:29 am

      That is what I’m talking about Janette!!

      Great start.

  9. Adrian

    Jul 9, 2015 at 10:28 pm

    Yes, negativity is one of the worst thing ever if you want to start good life.

    I started making money online because my goal was that $$$ per day and I reached it in 12 months.

  10. Arnold Chitwa

    Jul 9, 2015 at 6:57 pm

    I think i want to use this article as a daily guide, to make improvements on areas that i have been underachieving, its reaching out to me in practical and Big ways, i have to give a shot to every piece of advice i have received here.

    • BJ Pivonka

      Jul 9, 2015 at 9:23 pm

      Thanks Arnold. Glad you found this useful.

      Come back here and let us know how it went.

      or just shoot me an email with the results: bj@bjpivonka.com

  11. Muqadas

    Jul 9, 2015 at 4:44 pm

    Woho, What an article. Agreed on each of it’s point.

    • BJ Pivonka

      Jul 9, 2015 at 9:25 pm

      Muqadas,

      Glad you enjoyed it. Each point is CRUCIAL.

      Let me know what kinds of results you get.

  12. Matimba Ngwenya

    Jul 9, 2015 at 12:05 pm

    This article hit me hard. Fatal Flaw #5 speaks to me most. I know what to do, and how to do it. My follow through however is not consistent, and I have not been prioritizing my action. Thanks for the wake up call Pivonka

  13. ssenyonjo wilberforce

    Jul 9, 2015 at 9:49 am

    wow!!!!!,its a good information en it has given me courage.

  14. Stefanie

    Jul 9, 2015 at 7:46 am

    Great article! I totally agree, that habits can be very powerful – or destroying, holding you back. Your article reminded me it’s important to continuously check my own habits. Thank you!

    • BJ Pivonka

      Jul 9, 2015 at 4:48 pm

      Thanks Stefanie, glad you enjoyed it.

      I picked out these specific habits for a reason. They can not only set the tone for you day, but determine your energy level for the rest of the day when you should be doing income producing activities.

      Thanks for your support!

  15. Lawrence Berry

    Jul 9, 2015 at 12:56 am

    This is some great information and I completely agree with everyone of them. I think your morning routine is what will determine if you make it in business or not. The morning is the foundation for your day, so you should really take care of yourself and your mindset. I have read about alot of successful people and they all do something in the morning that get them started for the day, such as meditating, exercising, or just eating a great breakfast. Take care of yourself and your mind. Great post.

    • BJ Pivonka

      Jul 9, 2015 at 4:49 pm

      Lawrence, YES. That is exactly the case. The morning routine sets the tone for the rest of the day and also determines what kind of energy you have left for the rest of the day. That’s why I made it #1 on the list.

      Thanks for reading and commenting.

  16. Heitem Ak

    Jul 8, 2015 at 2:50 pm

    Nice one Pivonka!

    I completely agree on the metrics.

    Specific goals keeps you on track through hard times!

    Just like jogging, if you run without metrics, you are likely to stop running as soon as you start getting tired!

    Keep them up,

    Heitem Ak

    • BJ Pivonka

      Jul 9, 2015 at 4:50 pm

      Heitem, absolutely. You need to know what direction you are headed so you know whether to change course or not.

      Otherwise you’ll just wander around aimlessly doing things that won’t get the results you want and never actually get there.

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

5 Non-Negotiable Things Millionaires Do Every Day

Published

on

habits of millionaires
Image Credit: Unsplash

No matter how busy you are, if you’re an entrepreneur, there are some things you should aim to do every single day. With that in mind, there are some habits that millionaires do on a daily basis that you can adopt in your days.

Below are 5 non-negotiables to include in your daily routine every single day:

1. Reviewing Your Goals

Every morning successful people review their goals to keep focused on what they are waking up for; so they can align their tasks for the day with their goals. Viewing your goals means that you have to write them down first so you’re clear on what you want to achieve.

Looking at them only once a week or once a month isn’t good enough because you will lose focus easily since there are many distractions in this day and age. Writing down your goals for the day and viewing them regularly is a good habit to form. When you’re going to set your schedule for the day and have your goals in front of you always ask yourself, “Will this task get me closer to my goals?” If not, then perhaps you shouldn’t be doing it at all.

“Review your goals twice every day in order to be focused on achieving them.” – Les Brown

2. Completing Your MIT First Thing

MIT stands for Most Important Task. This is the task that has the greatest impact on your bottom line and propels you dramatically closer to your goals. This can change throughout your life as your goals change or you and your business go through different stages of maturity.

There’s an important thing to note here, doing your MIT first thing after you wake up and after your morning routine is essential, as you never know what distractions could come up throughout the day. It also keeps you productive since after completing it you will feel fulfilled knowing that you have completed the most important task of the day.

In fact, in most cases, completing your MIT of the day in the morning means that you could do whatever you want for the rest of the day if you choose to do so.

3. Learning

Learning isn’t optional if you want to keep growing throughout your life. Surely, you wouldn’t want to stay in the same spot where you are right now for the next 10 years would you?

Learning is not about just reading books. In fact, many millionaires consume their knowledge through audiobooks on fast speed so they can consume more in less time and during a commute. It’s no wonder audiobooks have become more popular in recent years.

Nonetheless, this isn’t about audiobooks or physical books. It’s about not letting your hate for reading that most people have stop you from learning and growing. You can be creative about the way you consume your knowledge. Ideally you want to spend at least 60 minutes per day learning and growing your mind so you can enhance your skills and creativity to do different things.

4. Physical Wellbeing

If you want to be a high performance individual then you must take care of your body. The last thing we want is for your body to fail you when you most need it. Be careful about what you put into your body and make sure you are active throughout the day to keep your energy up.

One of the ways I’ve found to be helpful to keep your energy up throughout the day is to jump around, do some jumping jacks or some pushups whenever you are feeling a bit low on that energy.

Exercising 2 or 3 times a week is good, yet that’s not what we are talking about here. What I’m talking about here is just being active everyday, whether it’s a rest day or not. You can go out for a walk or do something light each day.

“Training gives us an outlet for suppressed energies created by stress and thus tones the spirit just as exercise conditions the body.” – Arnold Schwarzenegger

5. Viewing Your Finances

Yes, everyday have a look at your bank account. If it depresses you to look at then perhaps that’s something we need to work on, don’t you think? Not looking at them isn’t the solution, it’s just trying to pretend the problem is not there. The point of looking at your finances is similar to when you look at your goals, except with one slight difference.

When you look at your finances it’s not only to keep you focused on growing them, but also to keep track of how you’re doing financially and whether they’re getting better or worse over time.

You can act successful and pretend your business is doing fine but your finances never lie. By looking at your finances you’re giving yourself a reality check and you’ll be able to know if what you’re doing is working or not.

Remember to focus on your daily goals, complete your most important tasks, learn every day, take care of your wellbeing ,and review your finances to ensure you’re progressing every single day.

Which one of these 5 non-negotiable routines resonated with you the most and why? Let us know your thoughts below!

Continue Reading

Success Advice

10 Secrets to Success From Clickfunnels Top Affiliate Spencer Mecham

Published

on

Spencer Mecham
Image Credit: Spencer Mecham

Are you looking to be an affiliate? You have to acquaint yourself with a couple of tips which guarantee great success. Affiliate marketing you will not get paid until some kinds of actions are taken by the readers.

Identified and explained hereunder are ten secrets for successful affiliate marketing which are proven to guarantee higher values to your readers and the likely maximization of success:

1. Aim at meeting the needs of your target market

Your reader is by far your best asset. When appropriately satisfied, the chances of them taking the necessary courses of actions are raised. For this to happen, you have to understand them inside and out. Do so by inquiring about their pain points, their tastes and preferences, and their expectations of your blog.

Yogita Aggarwal avers that promoting the wrong product is a sure path to failure. To mitigate this, you have to conduct thorough market research.

2. Maintain a fair degree of trustworthiness

Readers are generally smart, and they can easily spot an affiliate link when they come across one. You should not attempt to promote an irrelevant product or bombard them with too many adverts. They will just lose interest, leave and possibly never come back.

You should hence aim at building a pool of repeat visitors. They are the ones who are more likely to drive traffic to your site, place orders and refer others to your site. You can only build good relationships by marketing quality content.

As you do this, be sure to prioritize value addition by sharing only those products which you are confident of being relevant, valuable and sincerely helpful to your readers. Make it a point of disclosing any links or relationships you have with your vendors. This will go a long way in solidifying the trust.

3. Be passionate about what you are doing

It is essential to be passionate about what you are doing or attempting to do. It is almost impossible to succeed in what you do if you don’t truly love it. Avoid marketing only for the sake of money. It is only then that you will be able to generate new ideas and marketing perspectives which are crucial for the success in the field.

“Passion is energy. Feel the power that comes from focusing on what excites you.” – Oprah Winfrey

4. Approach the issue one step at a time

Do you desire to manage $5,000 in your first month? Hold on! You will first and foremost have to achieve $1 then $10 and eventually someday to $5,000+. This requires time. You will have to comprehend the psychology and behaviors of your client base first and foremost. After doing that, you will be able to build on that information for higher profit margins.

5. Be helpful

To maximize the possibility of eliciting positive responses from your readers, you have to go further than just letting them know of the existence of your products. Take some time to provide in-depth reviews of the products on sale. Highlight their features and offer brief explanations of just how beneficial they could be to the user.

Preferably, share a personal testimonial or case study in the affiliate link in your review. These build trust and verification which in turn enhance the experience of the visitors considerably. Higher sales will naturally follow after that.

6. Be an ambassador

Instead of promoting the products as a marketer, you are strongly advised to develop them as though they were your own. To do this:

  • Review the products by laying particular emphasis on why you think they are better than their competitors.
  • Produce tutorials showcasing their use or services.
  • Put in place a landing page to enlighten your referrals rather than merely pointing them to your site.
  • Recommend one product alongside why you prefer it. This will help undecided buyers make rational decisions.
  • Enforce some bonuses for the high-value affiliates and joint ventures deals

The steps above will let your affiliates make their decisions from a more informed position. On the same note, they will enable you to gain added influence and authority for your own, not to mention deepening relationships between your provider and you.

“Trust is built with consistency.” – Lincoln Chafee

7. Uphold great transparency in your affiliate relationships

It is necessary that you uphold a significant degree of transparency in your affiliate relationships. Your readers will definitely appreciate your honesty and will gladly contribute to your earnings. They will often track any dishonesty readily. This will definitely scare them away from your site and drive them to the websites of your competitors.

To further stand out of the crowd, you might want to offer a bonus for any action taken from your site. This is extremely useful when in a field that is saturated with many other players.

8. Choose the various affiliate products keenly

Take some time to go through the list of various products that are available. In particular, match them with the expectations, tastes, and preferences of your target market. As you promote them, alter the ads every now and then, attempt different graphics and texts to find the most effective ones.

You will have to spend some time before arriving at the best formula possible. While at it, you will also realize the need to rotate or alter ads from time to time to captivate the attention of the audience well.

Generally speaking, digital ads are better options. They have higher conversion rates and generate higher commission rates. For maximum profits, consider promoting products that are highly priced and those that renew each month.

9. Work on a strong reputation within your niche

Affiliate marketing is generally more sophisticated and highly profitable. Rather than building one-page campaigns, focus on putting in place a sales funnel, assets, and other things which have a higher value. Identify the best niche and stick to it. These steps will not only earn the trust of your visitors but also develop stronger relationships with your advertisers.

10. Generate and post high-quality content

Your content marketing strategy should be your highest priority. The content serves as the foundation and the lifeblood upon which your site is hinged. Readers will only be interested in your site if it contains helpful and valuable content.

This being the case, you should aim at excellent furnishing contents and effective monetizing strategies which are proved to work out well. You will lose readers if you make the slightest attempt to compromise your content. That, of course, will lead to the forfeiture of the opportunity to make any money from your adverts like referral-based and cost-per-click.

All said and done, the quality of your content is the single most contributing factor of the credibility of your blog, website, or business. Hence it is in your best interest to invest heavily in it if you ever hope to make any meaningful success!

Which one of the above 10 secrets to success from Spencer Mecham resonated most with you? Let us know your thoughts below!

Continue Reading

Success Advice

Success Isn’t Rocket Science, but There Is a Simple Equation

Published

on

success equation
Image Credit: Unsplash

People all around the world are looking for the secret to success. There are countless answers out there: personal connections, wealth, good luck, positive mindset, hard work, determination, passion, and on and on.

Some of those things might be true for some people, but I don’t think success comes from just any one variable. I also don’t think there is a single tangible answer that can be replicated by the masses. It seems that the more we look for one, the more questions we tend to find.

What is the secret to success? Is it enough to be passionate and hardworking? Is it enough to have a positive mindset? What steps can we take to become more successful?

Well, if you have been pondering questions like these, look no further. I believe success comes from, not one variable, but a combination of variables, an equation if you will. I’m not talking about anything too complicated or complex, like rocket science. This is an equation so simple it practically solves itself:

(Intrinsic Motivation + Action) x Momentum = Success

“I’m not a math whiz! What does this mean?” Don’t worry, as my high school algebra teacher could attest, this isn’t real math, but I can assure you that it works very well. Allow me to explain each variable.

Intrinsic Motivation

Intrinsic motivation is your internal, innate reason for wanting to do something and it’s the vital first part of the formula for success. Without it, everything we try to do will most likely fail, but what is intrinsic motivation?

Let me ask you a question: what do you like to do in your free time? Do you volunteer because it feeds your soul to help others? Maybe you love doing puzzles because you love the feeling you get when you solve a problem? Do you go hiking because you love to connect with nature?

If no one were paying you, would you still volunteer, solve puzzles, or go hiking? Of course you would! You receive intrinsic rewards when you do those things, and therefore you have a strong, internal motivation to keep doing them.

Another way to look at this is to know your “why.” Your “why” is your deep-rooted reason for doing something. Simon Sinek talks about this a lot, and Tony Robbins says, “If you have a strong enough ‘why,’ you can do anything.” It’s a great concept, but there is another side to this coin.

Having a weak “why,” or no “why” at all, means that you have no intrinsic motivation to speak of. You’re practically a rocket ship with no rocket fuel. I don’t know about you, but I’ve never seen a rocket get too far without fuel.

To achieve success in any endeavor, you must start with your intrinsic motivation – you must start with why. Why do you want to achieve success in your life?

“Challenges are gifts that force us to search for a new center of gravity. Don’t fight them, just find a new way to stand.” – Oprah Winfrey

Action

Now that you know what motivates you and you have a strong “why,” you have to take action towards your dreams. Action is the second part of the formula for success because, without action, we wouldn’t get anywhere in life. We might have fuel in our tanks, but we still have to hit the launch button.

I see a lot of people who spend time learning, planning, learning some more, trying desperately to perfect their strategy before they start. But the reality is, you are going to discover the most valuable lessons along the way.

It is impossible to plan for every situation, so trying to do so only delays your success. Author Karen Lamb says, “A Year from Now You May Wish You Had Started Today” and that’s true. “Someday” is a common code for “never.”

Sure, jumping in without having everything figured out will cause you to run into the occasional obstacle or setback, but again, you can’t plan for every obstacle. If you have a strong enough “why,” you’ll overcome obstacles and press on.

So, whether you’re ready or not, you need to take action towards your goals to achieve success. The only way to achieve success is to start taking action and build momentum. What one thing can you do today to take action towards your goals?

Momentum

In my opinion, momentum is the most critical aspect in the formula for success and here’s why: Starting isn’t worth much if you keep quitting. Remember that rocket ship analogy from before? If not having a “why” is like not having any fuel, then starting and stopping is like using up all of your fuel only to land again immediately.

Building momentum, however, is like breaking free of the atmosphere and reaching space. Once there, the zero gravity keeps the rocket afloat, and the pilot only uses relatively small amounts of fuel to propel and steer the rocket through space.

I read an article from The Huffington Post and it said, “In 1967, Apollo mission to the moon, the Saturn V rocket’s needed over 500,000 gallons of fuel just to break free of the Earth’s atmosphere. The final stage of the trip only required 86,059 gallons of fuel. That means it took nearly 5.8 times as much effort to launch as it did to keep the momentum.”

So, the next time you think about quitting, remember how much energy and effort it took to get started in the beginning. Do you want to go through that again? Do you really want to waste that much energy when you could keep going?

Don’t quit! Instead, keep taking action towards your goals, day after day, month after month, and year after year. Doing this will help you create radical momentum in your life and in your goals.

“Momentum solves 80% of your problems.” – John C. Maxwell

So there you have it, the formula for success. It doesn’t matter what you’re trying to do – land on the moon, lose weight, start a business, run a marathon, save a million dollars – you have to know why you want to achieve success. You have to have fuel in the tank.

Once you know what’s propelling you forward, you have to take action every day and never quit. This will allow you to build an unstoppable momentum that will carry you to the success you seek.

It’s not a matter of if, it’s a matter of when. Success takes time. There are no shortcuts. There are no quick fixes. There are no overnight successes. To be successful, you have to intrinsic motivation for the long haul, and no matter what, you cannot quit taking action.

Continue Reading

Success Advice

The Power of Personal Reviews: How It Can Skyrocket Your Success in Life

Published

on

personal review
Image Credit: Unsplash

Do you want to elevate your personal success? If so, do you know what the number one thing that’s keeping you away from that success? You could be doing everything right in terms of setting goals and going after them, and still not make progress if you’re not doing this.

The secret is personal reviews. As goal-getters, we’re conditioned to take action and work hard to make our goals happen. But if you’re not measuring the effectiveness of your actions, then the outcome may be no better than if you were running around in circles. In order to not be stuck in the same place, you have to be continuously adjusting your strategy.

The key is knowing exactly what to do differently in order to achieve your goals and accelerate your success. This is where personal reviews come in, because they answer the most important questions such as: What parts should you keep on doing? What parts should you do differently? What exactly happened last time that prevented you from reaching your goals? How can you get to your goals even faster the next time?. The victory path often isn’t linear, and reflecting on it will improve the process, which is the most important part for speeding up success.

According to Harvard Business Review, people were shown to be more productive and less burnout after thinking about and planning their day than those who didn’t. Studies cited in the same Harvard Business Review have also shown that employees in call centers who spent 15 minutes at the end of the day reflecting on the lessons learned performed 23% better after 10 days than those who did not reflect. If you work in an even more complex role, imagine the benefits you would gain from consistent reflections. Ready to take on your own review?

Here are the three parts of a personal review and how each part will help you achieve personal and professional success:

1. Get Clear On Where You Are to Make Better Decisions

It’s hard to get to your destination if you don’t know where you are right now. Luckily, personal reviews are similar to a GPS, where it can accurately pinpoint your place in life. By getting clear on your current situation, there are three main benefits that’ll contribute to your success.

One, it reaffirms your goals. As I often find working with clients doing their own personal sprints to success projects, goals can be easily forgotten without regular check-ins. Each personal review helps bring these goals to top of mind, and align all your actions so that each one will move the needle.

Two, it keeps you on track. Once you are clear on your goals, it’ll become much more obvious whether you are on your way to hit your target or if you have strayed off the path. This will help you focus more clearly, and save time from unnecessary distractions and course-corrections.

Three, it builds momentum. By regularly reviewing how things are going, you can celebrate the wins, and improve on areas that didn’t go well. After all, success comes from consistent action and making progress towards your goals.

“What you can measure, you can improve.”  – Peter Drucker

2. Discover the Roadblocks That Are Holding You Back

Now that you have a solid understanding of where you are at, it’s time to get down to the why. Why are you where you are currently, and how can you go even faster? The second part of personal reviews is where you’ll discover the golden nuggets of insights that you can use as your secret weapon.

Maybe you realized that you usually only get one or two important things done each day. Why is that? Is it because there are too many distractions? Or is it because your energy levels are low? And is there a filter you can set up to differentiate between what’s important and what’s not?

These are all incredible insights into the decision-making process and the factors that contribute to your success. If you stumbled, think about what parts you wouldn’t do again next time. If you achieved your goals, think about which parts you can repeat to succeed again. And as you collect more data points, the easier it’ll be to pinpoint how to 10x your productivity and results. And the more frequent you do reviews, the faster you’ll be able to progress. For example, if you conduct weekly reviews, you’ll be able to move four times as fast as someone who does monthly ones. Now, you can work smarter, instead of harder.

3. Fast Track Your Success Through Feedback Planning

Once you have the clear understanding of exactly where you are and what you need to do differently, you can use this feedback to make powerful changes to your plan. This is the last part of personal reviews – setting and prioritizing goals to accomplish by the next review.

These new goals will not be something that you’ve haphazardly put together, but rather it will be a combination of your insights and your vision of success. These reviews can be massively effective productivity tools and accountability structures that you can use to review the past and set in place the steps to take for the future.

For high potential professionals who do not conduct weekly reviews, one of the top reasons is that they either don’t understand the process, or can’t see the benefits. Now that you know how it works and the huge impact it can have, I invite you to take charge of your life, and face your goals and fears head-on.

“Every minute you spend in planning saves 10 minutes in execution; this gives you a 1,000 percent return on energy.” – Brian Tracy

After all, in order to stay a high performer and relevant, you must grow. And whether you want to become more focused, motivated or productive, personal reviews will carve out the path for you to get there and skyrocket your success.

How do you envision yourself accelerating through personal reviews? Leave a comment below!

Continue Reading

Trending