Does it feel great to receive your paycheck after a long week of work? We’ve all had that feeling and I’ll never forget how happy I was when I received my first paycheck.
As a matter of fact, it’s this paycheck mentality that almost cost me my online business.
If you want to start an online business, the first thing you should get rid of is the paycheck mentality.
The truth to the matter is, an online business is nothing like a job. You’re not going to get consistent steady pay like you would when working for someone else.
Paycheck Mentality Leads To Quitting Mentality
And that is the main reason why most people quit! People with the paycheck mentality are expecting a set paycheck every single week, bi-week, or month.
Let me tell you this right now. Chances are, you will make absolutely nothing for the first 6 months to a year.
If you do end up making money along the way, then good for you because you’re doing better than the majority of the people who are trying to make money online.
Most people with the paycheck mentality would try it out and quit as soon as they realized that they are not going to make money right away.
How The Paycheck Mentality Almost Cost Me My Online Business
When I first started learning how to make money online. I was showered with get-rich-quick schemes. I was told that many people are earning hundreds of dollars per day working from home.
So what do you think I was expecting?
I wanted to get those results of course! I wanted to make hundreds of dollars per day working from home. Therefore, I purchased a few programs and in the end. In the end, I got scammed out of a few hundred dollars.
Afterward, I didn’t believe in making money online anymore. I didn’t believe in starting an online business. That is until I decided to try filling out online surveys years later.
That’s when I discovered my recommended platform. There I learned that making money online is a marathon and do not expect to make money right away.
That’s when I got rid of the paycheck mentality. Luckily I did because I almost completely gave up on the idea of making money online.
Earning A Paycheck Is A Blessing And A Curse
You feel great when you’re earning a steady paycheck. You know exactly when you’ll get paid and how much. Sounds like a blessing right?
Well, the flip side is, your income is limited! You are limited to how much money your employer is willing to pay you. You are limited to how many hours you can physically work without dying. Finally, you are limited by your overall income whether it is monthly or yearly.
Note: Check out my article on the Cashflow Quadrant to learn some eye-opening information on how you can also have financial success.
Making Money Online Is A Blessing And A Curse
Does it feel great to earn a few hundred dollars while you’re asleep? Well, chances are, it won’t happen that often especially when you’re new. You might earn a few hundred dollars one week and earn nothing for the next couple of weeks. That’s the curse of making money online.
However, as long as you’re willing to consistently perform income-generating activities for your online business, you will eventually see the fruit of your labor.
The good news is, your earning potential is not limited to a regular job. There are bloggers out there who earn anywhere from 5 to 6 figures per month! That’s not impossible and you can do it too!
The Golden Key To Success At Making Money Online
You need to accept the fact that you are brand new and will be making mistakes along the way. When you make these mistakes, you’ll want to learn from it, so you don’t make the same mistakes again.
Here are 2 golden questions that I want to ask to see if you are fit to make money online:
- Are you willing to work consistently (producing content, answering emails, marketing, etc)?
- Are you willing to push forward even when you’re not making money in the beginning?
If your answer is YES for both of the questions, then you are ready to start an online business. However, if your answer is NO to any of the questions, then you are not ready to start and should be working a regular day job.
Hopefully, this short article has helped you get rid of the paycheck mentality, so you can improve your chance of success.
Are you ready to leave the life of the regular 9 to 5? Are you ready to take matters into your own hands and control your own life?
Well, my recommended platform is a good place to start! There you will find other entrepreneurs like myself who are more than happy to offer you their assistance. Sign up today for free and explore the opportunities of the internet.
If you have any questions or feedback, please leave them below!