I strongly believe you are still poised for action in making 2020 your year to finally achieve all you’ve been dreaming of. Even though we’re in the last quarter of 2019.
Whether you are just starting your online earning journey or you’re hoping to take your current income to the subsTANTIAL level. Today’s guide is assured to place you on the route to success.
Yet, to do so, I’m not going to provide you with the information you would probably expect:
- I’m not going to give you a niche (an Industry) with little or no competition.
- I’m not going to talk about a new product or business idea which is going to make you millions of dollars in the next twelve months.
- I won’t be sharing with you any tips that will send millions of traffic or customers to your website.
- I won’t also be asking you to “opt-in” into my email list for some secret hack, eBook, or service that promises bread and butter without taking action.
That type of stuff hasn’t worked for you earlier before. If it had, you wouldn’t be curious to read the rest of this article.
Allow me to be totally blunt with you: the rest of this post has lot’s to do with life in general as it ought to do with making legit money online.
It took me far too many of my five years (5 years on the internet is lots of years) of building websites to recognize this, however, the strategies for success in both certain appear to go hand in hand.
While there are in reality excellent resources accessible to help you succeed online, they’re everywhere. The larger majority of the populace is still going after resources that promise quick riches.
So, if you are on the lookout for such promises then this article isn’t meant for you. There are lots of content’s written on the subject matter promising you bread and batter without any efforts.
However, knowledge in the hands of people who don’t use it is far worthless.
How To Make Legit Money Online: An Unexpected Approach.
Making legit money online is not as difficult as you have been made to believe. But today I want you to consider achieving online success in a new light.
Not on the basis of the niche you choose. A trending way to generate traffic or customers or what to sell them. But what you can achieve by what you become.
And the way a new angle on work and lifestyles can dramatically increase your chances of crushing both.
I must confess.
I am not a productivity guru and haven’t made millions online (Yet) but my new found motivations will surely see me through my hundred thousand dollars year target.
This guide is written for me as much as it is for you.
To make it online in 2020, there is a need to reevaluate your working attitude. Consider success as an iceberg. In a distance, you only see the apex (these are the success stories circulating on the internet).
However, what most entry-level online entrepreneurs and many struggling ones like myself don’t see is the number of working hours our celebrated heroes put in behind the scenes to get to where they are today.
It is only a positive change in ATTITUDE in the world of mathematics that adds up to 100%. So with a simple twist in your working attitude will work the magic for you come 2020.
I assure you there isn’t any magic book anywhere to read or buttons to push to build a profitable online business.
Besides perseverance, hard work, and dedication (Ph.D.) to what you build.
With that out of the way, what I’ll be revealing below will help catapult your success in 2020 and beyond.
1) Learn to Put A Clock To Your Dreams.
We all have dreams.
But the difference between successful entrepreneurs and Uthe S (less successful) is this: they know how to put clocks to their dreams.
How many times have you postponed doing something important in your life?.
What have you gained from such behaviors?. How long will you hold your success hostage?
2019 is ending, just look back and audit yourself. How many of your goals did you accomplish?
However, all is not lost. You can make 2020 the year to change everything.
Your dreams are too big, break them into four quarters.
Thus first, the second, third, and fourth quarters as we have in the year.
Set deadlines for your task. Promise yourself not to miss the date.
Get productivity tools like Pomodoro, and the likes from play store or apple store to help you keep track of your progress.
Do you have a To-Do list? If you don’t, it’s time you get one. It’s one thing having a to-do list and the other side is sticking with the list.
I would encourage you to have an effective plan for 2020 and beyond if you’re willing to effect positive changes towards your financial dreams.
2) Live Like You’re on a Commission, Not Salary
I have two siblings Ruth and James. Ruth is a school teacher in the public school district whiles James is a salesperson in one of the private insurance companies.
On one stormy Monday morning, after the heavens have heavily poured blessing on us. At the breakfast table, the following conversation took place.
Ruth asked, do you think the weather will be ideal for work today? It depends on whether you live on salary or on commission.
If you live on the alary it’s easy to phone your principal and tell him you can’t make it to school due to the unfavorable weather.
Yet you’ll receive your salary in full at the end of the 30 day period.
On the contrary, in the case of James, the more sales he closes the higher his commission, hence whether rain or shine he has to go and make the sale. He has no reason to call his boss to take the day off due to bad weather. Other than making the sales else he won’t eat.
In either scenario, there’s a different WHY:
- Then why would I go?
- Then why would I not go?
2a) Why would I go mentality: The Employee’s Mindset?
This situation happens when you (the employee) are on a fixed set of salary. Knowing very well that, you are going to get paid at the end of the month whether you work hard or not.
Action taking on the job is ridiculously low. This usually pans out in most public workplaces rendering lower productivity in exchange for higher wages.
However, your desire to build a legitimate internet business this year requires the need for you to fined tune your mindset. And properly define your why’s before you dip your feet in the ocean else you’ll add up to the failing online businesses.
Key Takeaway: You have to get well defined (achievable) goals along with the desire to succeed (Ph.D.) as bad as you would want to breathe before you get started.
Breakaway from the shackles of salary earning (why would l go) mindset? And get to work. Else it’s a total waste of your time and money.
Remember intentions alone are not enough in getting you the greenbacks. Rather Action Taking is the ultimate key to your online success.
Building your life around the commission pillar will ensure your happy retirement package.
When you’re paid a salary, it doesn’t matter how much additional work you do, you still get paid the same amount. Yet when you’re working for a commission, the more you sell, the more you get.
2b) Why Would I Not Go: The Entrepreneur’s Mindset?
This is the real deal for most entry-level entrepreneurs gunning to make a substantial living on the internet. To have the commission mindset means you are living on life support without it your life is ending.
When you have to put food on the table you will do everything to make it happen.
- Do you really want to succeed as bad as you want to breathe?
- How will your family fair should they depend on your online business?
- Are you trying to attract a certain personality in your life?
- Are you eyeing a dream house or car?
Depending on your reasons for creating an internet business in 2020, your attitude towards your work ethics is going to be the game-changer for the success and failure of your business.
You will fail many times but your ability to pull yourself up from the ground will determine your success level.
I never said living the commission lifestyle is going to be easy (more on that later).
All successful entrepreneurs like Thomas Edison, Bill Gate, and Warren Buffet whom the world know and celebrate today all have one trait.
They stubbornly refuse to quit on their dreams period.
We live in a time and day where one can wake up one day and say l want to become an online millionaire. And truly make it happen.
You have a PC or a mobile device with an internet connection and a way of inputting words into ideas onto the internet. That is all that it takes to commence your internet business adventure. The rest is your commitment to put in the work to make your dreams see the light of day.
Key Takeaway: Taking the route to live on a commission requires a total transformation of your attitude towards work. It doesn’t matter the number of times you have failed in your attempts to make legit money online.
However, doing the same thing repeatedly and expecting different results is the definition of insanity.
What you put in is what you get reminds me of the famous IT acronym “GIGO” meaning garbage in garbage out.
But, with our new found motivation and a renewed spirit, the sky is only the limit. Just buckle up and enjoy the ride to the city of success.
3) Trust In The Compounding Frequency.
Compounding in the investing world is defined as the ability of an asset to generate recurring earnings, which is then reinvested in order to gain their very own incomes. So the earnings you generate from your previous income are a result of compounding effects.
I hope you remember this adage: “little drops of water make an ocean”.
So the little efforts you put in your internet business opportunities will results in bigger things in years to come. That is the whole concept of compounding effects.
This is an important lesson to keep in mind and work with. Since we live in an era where we’re all caught up in the rush hour for the quickest ways of doing stuff such as:
- A quick way to make money online without breaking a bone
- Fast way to lose tummy fat or bodyweight
- How to find the perfect partner tonight
- An easy way to learn a new language under a week
Patients are something our generations do not have anymore. I remember back in the day, when I was a student, we visit the post office to post our letters to our pen friends. It may take months before we get a response from our friends.
We now call is snail mail today.
However, because of the technological advancements, the electronic mailing system (email) was born. With just a click of a button, our letters or documents will be within the reach of our pen friends.
In spite of this, it wasn’t fast enough for us. Intensive research was conducted in an attempt to solve this problem and the outcome is the birth of instant messengers (IM) like WhatsApp, Skype, Facebook messenger, etc.
By means of nanoseconds, your message has been received and replied.
I’m not saying it’s a bad thing.
Technology has made life much better to live but when it comes to tapping into the internet business opportunities, positive results tend to find you a lot quicker when consistency becomes your focus, rather than speed.
A change of attitude will surely bring in the greenbacks ($$$).
I’m not asking you to build the empire state building in a day. Neither will I ask you to memorize and recite every word in the dictionary.
But when you add 20 words a day to your vocabulary, in a week you’ll notice you have one hundred and forty words added to your library. And in no time you’ll be speaking eloquently.
Such is the fundamentals of building a profitable business online.
It’s not the big things that tally up in the end, rather the hundreds, thousands, and millions of your little efforts that separate the ordinary from extraordinary.
A very practical example is the story of creation in the Christian biblical books (Genesis chapter 1).
God, with all his magnificent powers, could have commanded the world to appear in a day.
Instead, he consistently builds upon his work day by day during creating the universe until the world was born before he rested.
You may be wondering where am driving?
All I am asking of you is, take a step in building your business gradually, following the steps of God and you will be reaping success in no time.
Many of us have brilliant ideas and we sit idle and watch it die because we’re not willing to put in the effort and stick with our idea. So the ideas don’t live to see its potentials.
Key Takeaway: Always be patient, persistent, hard work, and make consistency your focus rather than speed. Attitudinal change and a prepared mindset are going to warrant your business growth.
4) Avoid Procrastination & Make Motivation Your Habits.
Successful people in the world today all have one thing in common; the desire to succeed in their chosen discipline. Having the motivation to succeed in other to have more for themselves, family and others is the fuel driving their system to arrive at the city of success.
Make it a habit to be an early riser and start your dream business today, instead of procrastinating your launch date.
Remember there are over 7 billion people on earth all fighting for the top spot of the success ladder. The longer you hold onto your ideas another person somewhere is thinking the same as you and will build your dream.
Try not to wait till the sandstorm clears before you embark on your success journey. If you don’t build your dream today, someone will hire you to help build theirs.
Starting out isn’t as simple as ABC; it takes time to be seen as an expert in your chosen field. Lionel Messi and Christiano Ronaldo are known for their artistic and phenomenal skills displayed on the field of play.
Remember they didn’t wake up one day to gain such a level of recognition. They have the desire to play, and the motivation to be the best in their profession.
I encourage you to have a renewed spirit today and start your internet business adventure today.
Most people quit their dreams when they do not see financial gains in the budding stage of their business. Many of us fail to realize that starting a profitable online business is synonymous with bringing up a child.
- You will learn how to craw.
- Teach him how to stand on your feet
- How to Speak (a word at a time before rattling words)
- How to walk (a step at a time) before he or she starts to run marathons.
Such is the nature of building an online business that will help you quit your 9 to 5 job.
Key Takeaway: Always develop the motivation and the desire to build your dream from grounds up till you see the results raining. You will get to a point with reasons to quit, remember that Rome wasn’t built in a day. Stay motivated and build the desire to succeed no matter what. It is better to try and fail than to sit idle and do nothing.
5) Fix Your Eyes On One Thing
The internet is filled with resources that promise entry-level online entrepreneurs ‘quick success’. There are tons of products and services out there that promise the user riches beyond imagination yet fail to deliver on what it promises.
It’s rather difficult asking beginners, who are just starting to make money online to stay away from these get rich quick products.
Yet this advice always falls on death ears.
If you’re an intermediate or Professional internet business entrepreneur, cast your mind back and reflect on some of the products and services you bought and you will affirm what I’m saying.
Most of the products may have lived up to their expectation but you lack the motivation at the point where you need to take action. All these products are on your computer gathering ‘binary dust’.
6) Let Passion And Focus Be Your Friend
“Passion for something leads to disproportionate time practicing or working at it. That time spent eventually translates to skill, and when skill improves, results improve.
Better results generally lead to more enjoyment, and more passion and more time is invested. It can be a virtuous cycle all the way to extraordinary results”.
Source: The One Thing by Gary Keller
You may have one niche idea, one traffic source, or whatever you’re passionate about. All you have to do is to focus on that one thing you value much stick with is for a long time till one of the following happens:
- You gave it your ALL and didn’t work.
- You’ve figured it out completely and you’re ready to move on to the next level with your skill sets
If you’re really serious about making this year your year to achieve all your dreamy projects then you need to get glue with one idea and avoid the jack of all trade syndromes.
Because you’ll be master of none
Focusing on your passion for a long time will help build your skill and confidence you need to move to the next level of your online money making a career.
Key Takeaway: It’s ideal to always stick with your online project for a long time before you abandon it. I have seen lots of potential internet marketers given up on their dreams because they lack the passion and focus to stick with their dreams.
Internet marketing is like dating. The longer you stick with a partner the better you get to know and master his or her character and adjusting yourself to a successful relationship resulting in marriage.
An internet business opportunity is run on a similar path. The longer you stick with your projects and the better you learn the rise and fall resulting in bountiful earnings.
7) Network With The Right People: If You’re Serious About Making Money Online 2020.
If you are ready to take your life and career to the next level, then it’s high time you start looking at the people you hang out with. Look at the people in your social circles and ask whether they are the kind of people to help take you to the promised land.
Hanging out with the wrong crowd guarantees your chances of failing in your quest to secure financial gains online. Your social circles have greater chances of influencing you either negative or positive depending on the members of your circle.
When you relate to drunkards and addicts your probability of becoming one is high. Your friends tell who you are. And where you wish to go in life
To make this year the turning point of your life and career, you need to take this section very seriously. Linking up with the right people will always put you on your feet in other to take massive actions.
When you hang out with Bill Gates, Warren Buffet, Glen Allsopp, Tony Robbins, Spencer Haws, and Pat Flynn you will end up becoming a programmer, stock investor, SEO (Search Engine Optimization) expert, financial adviser, niche site builder, and affiliate marketing expect respectively.
Key Takeaway: Your current social circles can make or break your dream of achieving your financial freedom. Keep your circle small and only keep those that share your dreams.
8) Stop Wasting Your Productive Hours: If You Want To Make Money.
Many of us dream of becoming millionaires, yet, most of us fail to use the productive hours on our hands to build our dreams.
Reflect on your life today and see the number of hours you spend watching television, browsing your favorite social media sites, and the time you spend hanging out with your buddies.
And the amount of time you spend on building your dream business. Compare both scenarios and be the better judge if you can materialize your dream.
To be successful this year, you need to be true to yourself and make sure you pinpoint where you spend your productive time.
Whether you’re productive in the day or not you will be the better judge.
I am not trying to tell you to live your life like a robot that is programmed to do specific tasks.
It’s good to have fun alongside building your business.
One of my mentors Seth Godin was ones asked: how are you able to write many books and publish so many blog posts?
Here is his response:
“Well, I don’t watch TV, so there are 3-4 hours per day I get over the average person.”
Key Takeaway: Starting your day on the right path, is the only way you can build your life and career.
Avoid spending all your productive hours on television, social media, and hanging with friends for a long time.
And success is within reach.
9) Make Time For Reading.
I know you may be thinking, what at all have made money got to do with reading?
Well, the answer is simple; in everything you do there is the need to be knowledgeable about it.
Many famous and successful people in our time are avid readers.
It’s okay to say you hate reading when you were in school, however, now that you are serious about earning a substantial income online it’s time you take reading seriously.
- Warren Buffet, the world’s most successful investor, says he spends up to eighty percent (80%) of his day reading.
- Bill Gates, who created Microsoft and is now extra targeted on being a billionaire humanitarian says that he gets through a book per week and has done for years.
- Elon Musk, the co-founding father of PayPal and founder of Tesla and SpaceX, has spoken of his love of reading autobiographies of beyond greats like Howard Hughes, Benjamin Franklin, and of the route, Nikola Tesla.
- Mark Cuban, the proprietor of the Dallas Mavericks, insists on reading 3 hours an afternoon.
- J.K. Rowling, the first-ever billionaire creator, read ‘really something’ as an infant.
According to Business Insider, President Obama, Albert Einstein, and Facebook’s COO Sheryl Sandberg are all avid book lovers, too.
I am personally not a fan of fiction books although they broaden your imagination and help you have a bigger picture of your imaginations.
The books I enjoy reading are all business-related. And those that affirm the belief that I already have. Reading can ignite an idea for a business, make you smarter, helps reduces stress, improve your analytical reasoning and most of all make you look sexier.
If you are looking for a book, to begin with, I recommend the 10X Rule by Grant Cardone.
10) Take Massive Action
You are where you are today (In terms of your financial standings) because you fail to take the necessary steps needed in bringing your business to the spotlight.
There is no way you can convince me that you put in your best and did not see the results.
I didn’t do much myself in 2019.
And I hope to correct them this year.
I spent far too much of my time focusing on the wrong things. There are no justifications for my actions and would be correcting them this year.
Focusing all your efforts on the wrong things will not only derail your success.
Rather it will also cultivate the habit of procrastinating in you, which in the end leads to failing to materialize your dream.
There’s a small, simple quote from Eric Thomas that I like to keep in mind, “You can’t cheat the grinds”. We’re in the first quarter of 2020; but, you can wake up today and decide to make amends for your lost time in the past.
Never let your past failures demoralize you in achieving your present goal. Even if you are working on nonpassionate things or boring niche. Always remember you’re WHY you started your business in the first place.
That why will motivate you to bring the best in you out? Never put the blame on the economy, politicians, and your parents for not giving you a perfect start. When you knew you didn’t do what is expected of you. What are you doing to help eradicate your current situation?
11) Establish An Expert Reputation For Yourself.
As long as there are products and services to offer, consumers will forever be looking to read, listen, or watch expects point on an offer before they make a purchase. Becoming an expert helps separate the ordinary from extraordinary.
Our knowledge of the subject you are selling to your audience will separate the ordinary from the extraordinary. Have you ever wondered why a specialist in the bar makes more money than the general law practitioners? Why do financial consultants are rated higher above ordinary accountants?
It’s obvious that accident lawyers and physiotherapist have established themselves as an expert in their chosen careers and will be getting a higher payout than their generalist colleagues.
So I encourage you to build yourself with the required knowledge in your chosen niche in other to make the required monies online. When people see you as expect they will pay huge sums to access your service.
Specialization and value addition in your skills is the only sure way of cashing in the big checks in 2020 online.
4 Reason Why You Should Consider Becoming An Expect;
- Eliminate the competition.
- You have the ability to be more efficient.
- Become more profitable.
- Increase your visibility.
11.a) There are Fewer Competitors when you narrow down your professional offerings
The larger the pool the more swimmers in it. Where ever there is a demand for products and services, there is also the vast majority of service professionals devoting their energy to trying to meet the needs of the larger marketplace. After all, if there’s so much room, there must be room to accommodate them all.
This accounts for a large number of generalist professionals who compete for huge markets.
So how do you stand tall in the evergrowing crowd of generalist offerings on the job market?
The answer is Specialization; people who need legal counsel, people who need an interior decorator, and those seeking backache reliefs are going to seek the services of the segmented market that devotes their energy serving only this group of buying clients with bigger pay. Hence narrowing the level of competition.
11.b) You Have The Ability To Be More Efficient
The more specializes you become in your chosen serving market, the more effective you will be. There are lots of financial planners out there. Assuming you have three clients,
- one is planning toward retirement
- saving for the child’s college education
- the other is thinking of buying a house.
Each client’s needs require different advice. So quickly you need to do some hasty research in all three scenarios so you can meet the needs of all these.
However, if you were a financial planner focused solely on helping clients plan for their a happy retirement. You will be more knowledgeable on the subject matter that, your advice or service rendered to these clients will skyrocket your potential of scaling your business to the next level.
Whenever a friend, family needs similar services who do you think she or he will recommend? Word of mouth is like bush fire. This should be your focus in 2020 as you embark on the journey to making money online.
11.c) Become More Profitable When You Specialize
How much do you pay your mechanic for servicing your car at the garage? 30 dollars an hour I guess. Let’s say, you own a Maserati which you spend about $100,000 buying this luxury.
When you want to serve this beauty luxury, will you be willing to leave it at the mercy of any mechanic?
Or a mechanic specialized solely on Maserati who charges $100 an hour. Even though it’s the same spark plugs both mechanics will be changing yet, you are more than willing to pay that 100 dollar bill for the Maserati expects to service your car for you. So there you go again, branding yourself as expect is more rewarding than being a generalist professional.
11.d) Increase Your Visibility As An Expect
Word of mouth travels like bush fire. The more happy or satisfactory clients you have the more exposure you will have. When a relative is in need of your services who do you think your previous client will recommend.
You of course.
As you focus on rendering services to more happy clients, your exposure will increase and the media will be knocking at your door for your expert opinion on the service or even an interview.
12) Focus on Buying Assets, Not Liability
According to financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Current assets include inventory, while fixed assets include such items as buildings and equipment.
A liability, on the other hand, is a company’s financial debt or obligations that arise during the course of its business operations. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services. … They can also make transactions between businesses more efficient.
In our questing to make money in 2020, it’s our duty to acquire assets in our portfolio. According to Rich Dad Poor Dad by Robert T. Kiyosaki, the difference between the rich and the poor is the rich’s ability to amass assets while the poor focus on building a portfolio of liabilities.
Let take this a step further, how many clothes, shoes, pieces of jewelry or personal effects do you have? how many do you frequently use? It’s evident that you haven’t used some for over six months, sitting idle in your closet gathering dust and yet you keep buying new ones.
Why don’t you sell them?
In your attempt to sell them to your friends, on eBay, or to your local dealer you will notice that they are depreciating in value instead of appreciating.
On the contrary, should you have purchased bonds, real estate, and treasury bills with the time you will notice its value appreciating bringing in profits instead of taking money out of your wallet?
So anything that takes money out of your wallet directly or indirectly is a liability. While those that put money in your wallet is considered an asset.
The following day to day activities contributes to the liabilities we add to our lives which hinders our chances of making money.
- Owning more than one car
- Using expensive smartphone plans instead of cheap ones….liability
- Extravagant living (showing off)
Key Takeaway: If you really mean your words to make this year, the year to finally cash in the dollar bills, then its high time you begin acquiring businesses that generate income even in your absence. There are lots of businesses you can start either offline or online to make passive income to build your asset portfolio.
For example Dropshipping webstore, affiliate websites, blogging (takes time but the payouts are lucrative), etc. These businesses require some initial startup monies but with perseverance, hard work, and determination the sky is the only limit you can reach.
CONCLUSION AND FINAL THOUGHTS:
Earning money on the internet has never been easy than it is today. One can wake up and fire up a laptop, tablet, or mobile device with an internet connection.
And start his internet business journey. Realigning your thinking about the possibility to achieve greatness over the internet is your key.
Whenever you are lack motivation to make legit money online, just do a google search for success stories.
You will be amazing the number of people crushing it from their homes and offices. Always remember to live a commission lifestyle rather than a salary.
Avoid postponing your dream and get the job done. You don’t need any magical books or any motivational quotes to get you up on your feet to do what needs to be done. like;
- Keep your social circle small and only socialize with like-minded people.
- focusing on one thing
- Establishing your expect status
- learn to acquire asset instead of liabilities
- be determined to live on commission not salary
- Taking massive action towards accomplishing your goal
- kick out procrastination syndrome
- Network with like minds
Doing this and more will tremendously affect your chances of making 2020 your year of making legitimate money online. Also if you’re in for the kill I recommend you check out our article on how to start a successful online business.
Thanks for taking the time to read, If you enjoy what you read, kindly share with your circles who want to make legit money online. We would also like to know which other profitable ways you’re using to crush in the greenbacks online? Share with us by leaving a comment below
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Please understand that I have experience with all of these companies, and I recommend them because they are helpful and useful, not because of the small commissions I make if you decide to buy something.
Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
Our Recommended Books
The Compound Effect by Darren Hardy
The 10X Rule, by
- The 15 Invaluable Laws of Growth, by John C. Maxwell
- Give and Take, by Adam Grant
- Soar, by Bishop TD Jakes
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