How do you scale up your internet business and earn $1,000,000?
Simple: Start at making just $1.
$1, that's it.
Then slowly scale up from there.
Once you can achieve $1 in your online business, then the next goal should be $100.
After that, $200. $400. $800. $1000. $2000. And slowly scale up from there.
Why do so many people attempt to get rich quick and try to sprint their way to wealth?
Take your time. You have time on your side. Business is a marathon, not a sprint.
Make money slowly… and within a few years, you can be at that $1,000,000 point you always dreamed about.
Watch the video below:
(Click here to watch on YouTube)
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Video transcript
All right guys, let's talk about making money. Now, I think one thing that's important to understand is that making a lot of money and achieving success is a very gradual and slow process, meaning it doesn't happen overnight. Nobody just gets rich quick because getting rich is not just about receiving a large lump sum of money one time and winning the lottery. That's not wealth.
Wealth was about building your net worth
It's not even about what you earn, it's about what you do with what you earn. It's about building secure, reliable, consistent streams of cash flow that you can depend upon over a long period of time, that's wealth.
I think in order to achieve wealth and make money you need to have financial goals. I think you need to have the short term realistic goals, and then the long-term unrealistic goals. I never really bought into the theory that you need to have these crazy unrealistic goals over the short term and I think a lot of people get confused with that.
If you set the goal, if I want to make a million dollars in the next 30 days and you never even made $100,000 in your entire life, then the chances of that happening are zero, that's not going to happen, that's just unrealistic. Sure enough, you're not going to have a strong belief system to achieve that and so you're not going to take the necessary actions to build your business.
That kind of thinking is the wrong kind of thinking anyways because you need to recognize the process and what you learn, there's a lot more value in that than just making money. What you learn, the skill sets that you attain in the process of building businesses and making money, that's going to give you the ability to make millions of dollars in your lifetime and it's a lot more valuable. You have to place value on the knowledge, the learning that you're accumulating along the way.
Now, having crazy unrealistic goals, those are important but those are important over the long term. Over the next 5, 10, 20 years of making whatever, a billion dollars or whatever it is that you want to achieve in your life. You need to have those because those motivate you, that provides that vision that you need in order to achieve the long-term success and really keep you going and moving forward with it.
However, in the short term, your goals need to be realistic, they need to be attainable. One thing that I learned and what I did for myself when I first built my online business, was my very first goal was to make $1 online, that's it. Make $1 online.
John Reese
I learned this from John Reese who was the very first Internet marketer to make a million dollars in a day. He said that if you can make $1 in your business, $1 online, then you're 95% of the way there to making $100,000 because once you made $1 that validates to you that that works. That whatever it is that you're doing it works and it shifts your belief system and it gives you this confidence, it gives you momentum.
Then, all you have to do is find a way to scale that up. Either find a way to do more, find a way to drive more traffic, to publish more products, whatever it is. Sure enough, over a period of time you can scale up your business and earn $100,000, and that's for me exactly what happened.
My first goal is to make $1. Once I achieve that … That $1 that I made I still remember it, it has significant meaning in my life. Once I achieved that I knew that I could achieve $100 in a month, and that was my next goal, I slowly scaled up. $100 in a month.
Once I achieved that, that gave me even more confidence that I could achieve the next milestone, which was $200 a month. Then, once I achieved $200 then it was $400. Once you achieve $400, then you scaled it up to $800, and then $1,000 in a month. Then once you achieve $1,000 in a month, then your next goal is to make $2,000, and then $4,000, and $8,000, $10,000, $20,000. You slowly scale it up.
It starts off very, very slow, almost like the grass is growing, you don't even notice it at first. Like I said, in the beginning, it's not really going to change or impact your life. You have to value the future more than today. You have to be willing to sacrifice.
Invest today for a better tomorrow
If you can do that and just slowly put aside the ego or whatever it is that you have of trying to make a lot of money in a short period of time and just slowly chip away at it, I can promise you over the next year, 2 years, 3, 5 years, your entire life can transform. It all starts with just starting small, slow, it's very gradual at the beginning but then you get the snowball effect where things just take off.
If you look back at my goals that I share on my blog and my YouTube videos over the years that's exactly what I've done. I never even to this day try to significantly raise my income by a crazy amount of money. All my goals are always really realistic and attainable for me, based on where I'm currently at. If you look back a few years ago when I had the goal of making $20,000 in a month, my goal after that was to make $40,000.
Then it was $70,000 and $80,000 and just slowly scaling it up and chipping away at it because it's, like I said, it's not even just about making a lot of money in a short time, it's about making sure that your income and your business is sustainable over the long term. It's secure. It's something that you can depend on and rely upon over a long period of time throughout your life.
Take it slow guys, understand that it's a marathon and not a sprint. This can be applied to any goal that you might have. Be patient, take your time. Invest in yourself. Invest your time and make sacrifices today for a better tomorrow. It's a pretty simple equation guys, just pay your dues, take action, invest in yourself. Set small realistic goals, $1, $100, $200.
Slowly scale it up based on where you are. Find ways to be more efficient, optimize, and just do more along the way. Like I said, if you can keep that momentum going, then over a long term, that 5, 10, 20 years, and you can achieve those crazy unrealistic goals that you might have for yourself in your life.
That's the process of making money
Understanding guys that it's a slow process, it's a gradual process. You have to earn it, it's not going to be given to you on a silver platter. You have to earn it over a period of time. It's not until you've earned it and you're worthy of it that you'll receive that in your life. Hopefully, you guys enjoyed this video, I'll see you guys in the next one.