How do you stay motivated when you aren't making any money?
This topic contains 51 replies, has 19 voices, and was last updated by 
Bruce Hoag 6 years, 11 months ago.
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I have a lot of fear when it comes to making money. What if my business is a failure? What if all my hard work amounts to nothing? How do you motivate yourself to keep going with your business when you’re not making any money?
♥ Coach Claire
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If you’re working very long without getting a return, check your systems. Make helping others your goal. The income will follow if the systems are set up to facilitate that.
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Who cares if your business is a failure? You will have learnt a lot about yourself. Providing you do not die of starvation or exposure whether you make or lose money does not matter.
Take the pressure to succeed off yourself. Anyway only you can know if you have failed or not because you are the one who set the expectation of what success looked like.
Susan
God's Lily is "a voice for those frustrated by the slow progress towards a fair society where the needs of the weakest are met in a way that it strengthens them rather than weakens them further" . If that includes you then hop on over and have a look around. If you like what you see it would be a good idea to sign up to receive our blog broadcasts. Oh and you will get a couple of pdf files that explain the what and why behind the site when
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Don’t know about you, but I do it because I enjoy it.
Yes. I want to be paid well for what I do, but I have a day job that pays the bills.
Sometimes, I think you have to be a bit philosophical about it.
It takes a lot more time than most people realize to build a business.
You can take a lot of pressure off yourself by doing your best, and not worrying about when it will pay.
As Sean has said, you have to have everything in place; but you also have to be doing many of the right things in the right way.
I’m not a gambler, but I’ve seen fruit machines in movies and stores.
What does it take to win big?
Everything has to be lined up just right first.
Bruce Hoag PhD
The Internet Marketing Psychologist
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Sean’s call the other day really crystallized this – if you take action and you fail, you’ve learned what didn’t work. But if don’t take action, you’re guaranteed to fail. It was a message I needed to hear because I am one of those perfectionist types, and can be very “green” in personality. Because of this I have gotten stuck a lot of times, even when I have had great ideas.
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Perfectionism, Suzanne, is the first ingredient in the recipe for a nervous breakdown.
Judging from your picture, I’d say that you’re probably too young to remember the Total Quality Movement that became popular 20-30 years ago.
Everything was quality.
The goal was perfection.
I think that Six Sigma came out of that. (Sigma is the greek letter for one standard deviation, and six is an alliterative expression of near perfection.)
Quality is important, but no one cares if it’s perfect.
All people really want is to solve their problem.
And those of us who tend towards perfectionism have to remember that.
Bruce Hoag PhD
The Internet Marketing Psychologist
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Perfectionism ouch! that was part of the nightmare I escaped a few years ago. It was amazing how many times I heard “I cannot do this because I am too unsure of myself.” or “I won’t start in case I cannot do it well enough.” End result nothing gets done and whatever the current coping mechanism is gets triggered.
I like things done well but fine details drive me nuts. Knowing who you are and what you are capable of is incredibly important. Self-acceptance and self-respect are amazingly empowering.
God's Lily is "a voice for those frustrated by the slow progress towards a fair society where the needs of the weakest are met in a way that it strengthens them rather than weakens them further" . If that includes you then hop on over and have a look around. If you like what you see it would be a good idea to sign up to receive our blog broadcasts. Oh and you will get a couple of pdf files that explain the what and why behind the site when
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Not making money makes me a bit nervous and motivates me to keep working. Making money is what is dangerous for me.
I associate activity with making money and quitting as a way to ensure you will fail.
Napoleon Hill said one of the greatest qualities for success was the trait of turning on more determination when you were not getting results instead of quitting. He noticed it first in Edison, then other successful people.
Yes, I am a Napoleon Hill fan. Pay more attention to what he said than his life.
Do as I say, not as I do…
Scott Hogue CChH
Scott Hogue CChH
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Hi Claire,
I must admit I find it difficult to stay motivated. But the decline of my used bookselling business on Amazon ( I remained blinkered for years, telling myself thins would pick up. And more recently the running out of any savings I had have forced me to get serious about earning money online by other means.
My wife now pays for virtually everything, rent, utility bills food etc etc. And things are very tight financially. So as a matter of personal pride and for the sake of my own self worth, along with a craving to give something back to my long suffering partner, are now my chief motivators.
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Good question. If you aren’t making any money, there has to be a reason. For me, the motivation would be to figure out why the heck I’m not making any money.
But here’s the thing. Lots of people associate money with success. Is making money your end game? I understand that money is needed for the necessities of life. But even if you’re not “cash rich,” are you helping people? To me, that’s a form of payment, and in that respect, you are successful.
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Clair,
If you’re not making any money, something is not set up right or is not set up at all. Figuring out what is wrong and adjusting (or adding) it to your business model will start bringing money in and once that starts, THAT will motivate you.
So…first step is to look at what you have that CAN bring money in and fix what is broken or missing.If you're looking for a someone to bounce things off of in the IM world, I'm your guy and I really would love to help you out. Helping others is just who I am!
To Change Your Life Forever check out me out at http://IM-Specialist.com
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You know, I am still just setting up my business… that’s why I haven’t made any money, yet. The right things have to be in place before income is possible and I don’t have everything in place quite yet.
I am always helping people, that is my nature… it’s the making money for my many efforts that I have needed to work on. It’s because I have done everything to avoid money all my life that I don’t have any. Money hurt me and abused me… but, with some added life experience, I can now embrace the fact that money can love me, protect me and take care of me as well.
I also must be addicted to giving myself away. As noble as such a selfless, giving attitude is, it doesn’t provide a very good standard of living for anyone in this world.
As Sean is always saying, I will do my best to begin doing the right things in the right way so I can finally earn the money that I truly deserve.
♥ Coach Claire
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Scott, something to bear in mind about Napoleon Hill.
For him, thoughts were things.
We have to be careful that things don’t become our thoughts.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy-
Bruce, I am locked into a thinking loop over that comment….
Thoughts are things
Things are thoughts?
Thinking about thing thoughts?
Thoughts are things…
Scott Hogue CChH
Follow me in the "Use What You Learn Challenge" as I create a website using what I learn from Sean that is a Platform for my niche:
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Call it hearsay, if you like, but that’s what someone told me who knew someone who knew Hill.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy
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Wow, It is very hard for me to stay interested in any project that does not produce any income.
The time it takes to make money is one of many factors that I use when I consider going into a niche or product.
If I pass the time frame that I set for myself I reevaluate the product or niche and determine whether I should continue or scrap the project.
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I think it depends at what stage you are at if you are just setting up you understand that’s part of the process, but if over time you are not making money if can be hard to stay motivated. This is when you have to do two things reassess what you have to see why you are not making money and see if honestly its your end goal ie if you just love giving out information on something then maybe your goal is not to make an income at the moment.
I have a friend who has being doing something for 5 years now and made hardly any money, but her end goal was to become a TV celebrity and all she as doing was getting herself out there as a brand and she knew the money would come then and it has happened she is now part of a new TV channel being launch next year, not only will she have a program on the station she is also part of the board overseeing the whole concept… her end goal.
Whereas if you need the money to keep going be brutally honest with yourself or find someone you can mastermind with and make it happen 🙂
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Hi Claire,
First I want to say you are not alone in this. In fact, not charging enough or charging at all is very common.
If it weren’t, there wouldn’t be 100’s of programs out there to help you change your “money mindset”.I think entrepreneurship is a lifelong journey of self-development.
So one mindset training is not going to change your life forever. If money is an issue for you, you’ll probably need to confront it over and over again.What I mean is that there is never going to be a free ride to confidence, money and success that you can hop on and go along for the ride.
As much as we’d like it to be that way it happens the other way around.It’s not until you take action in the face of fear that you get courage. If the fear is around money than that fear will NEVER go away (no matter how much mindset work you do) until you set a price and sell something.
But then, once you take the action it becomes that much easier and then even easier the next.
So you might want to start with a low ticket offer and sell multiple at that low price.
I would bet it won’t take long to start feeling like you should get paid more for what you’re offering.Who knows… after a little bit, you might even want to raise prices.
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Terry Dean told me one time that the fear never goes away.
I think that Sean will tell you the same thing.
And I’ve read that quite often what you’re afraid to do is exactly what you should be doing.
Most people, however, shy aware from their fears and as a result never overcome them.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy
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Hi Claire,
First of all… that’s a wonderful question.
I cannot talk for people who have no other job and try to focus on internet marketing to make money online.
I have a full-time job that pays me well. However, I will build my internet marketing business to such an extent that it makes me more money than my job in a year. Then, I will quit my job and focus on internet marketing.
I have been on this field for 7 years, on and off, a little success, some failures and a lot learnt. But what kept me going is the passion and the belief that I will make it big sometime in the future. I guess, without the passion, the understanding that ‘Rome was not built in a day’ and the perseverance, no one can survive in this field.
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Claire
If you are only doing it for the money, then you have to be doing something that makes money . . .
A business is a business . . a coffeeshop sells coffee
an oil change shops sells oil changes
a coach sells coaching
So one thing you need is to package what you do into something folks can BUY then focus on getting folks to the buyer page and go from there . . .
if you are doing things that DON’T lead to your goal . . . anything that doesn’t lead to it . . anything outside of:
create squeeze page
create products
write a daily email
tell everyone possible about your squeeze pageIf you are doing things outside of that and hoping they’ll give you the same results . . . they won’t!
the whole idea here is to encourage you and encourage others and for others to encourage each other – to do THOSE steps and share your work to help you stay motivated to stay on track and do those 4 steps!
Sean
Do you want to learn how to start a coaching program that stabilizes your income and changes lives? If so, visit http://www.AnyoneCanCoach.com
Sean
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I wish I could remember exactly what this guy said, but someone that I met many years ago told me that people buy products.
He stated it more eloquently than that, but he made the comment because I was trying to sell a service; and his point was that even when people buy a service, they’re buying a product.
Took me a long time to understand what that meant.
Bruce Hoag PhD
The Internet Marketing Psychologist
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Years ago, decades actually, I bought my first wife a car. I was at this car lot, it was cold and I was looking over each car I thought would be an acceptable possibility. The salesman in a thin blazer answered a few questions and then said, come inside I want to talk with you.
He told me, “People don’t buy cars, they buy stories. It is cold outside, why don’t you tell me what story you want and I will match that up with the car?”
I was caught off guard at that. I told him I didn’t know how to answer that, but I wanted a car for my wife, something she could carry the children in and we could go to Church in. I was a minister and did funerals, I drove a truck to my factory job, but I wanted a car that would look decent in a funeral procession. I also wanted a car that was taken care of, I needed to get a lot of service out of it and I wanted one that hadn’t been abused.
He said do you like blue? I said I did. He said what about your wife, does she like blue? Sure.
I have your car in the cleanup shop. Let me call them and they will bring it over. I was surprised to say the least.
It was an Olds Salon, a four door Olds Cutlass and it was blue, lot of cloth inside, great paint, seats looked new.
When the guy got out he said, Bobby, where is the pillow? He said, I left it over at the shop. He said, bring it over.
The Cutlass had belonged to a widow woman that has an office job. I saw the paperwork with her name and number where she traded it in. I called her. The pillow is what she sat on in the car, even the driver’s seat looked new.
He said, here is the story, this widow woman drives this car to work here in town. After a year she wants something that doesn’t remind her of her late husband and gets a smaller car here. I have the records where they got it serviced here in town. The motor has a little of a knock when it starts, but all of these 3.8’s do. It won’t hurt it. I have another one on the back lot that has the same engine, you are welcome to crank it and hear it knock when it starts up.
I bought the story and the car. It was a good car. He threw in the pillow.
True story.
Scott Hogue CChH
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Years ago, decades actually, I bought my first wife a car. I was at this car lot, it was cold and I was looking over each car I thought would be an acceptable possibility. The salesman in a thin blazer answered a few questions and then said, come inside I want to talk with you.
He told me, “People don’t buy cars, they buy stories. It is cold outside, why don’t you tell me what story you want and I will match that up with the car?” …
Quite a lesson in this story Scott.
If you are not writing a book, you could compile one using your replies in this forum!
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Claire,
I guess I must have high self-efficacy, because I never think in terms of “What if I fail?”
I always think I’ve got a good idea, even when it turns out to be lousy! LOL
Sometimes I’ll think, “If this project doesn’t work out, on to the next!”
What motivates me? The urge to be creative. And, if I’m honest, the urge to be really, really well-off financially.
My day job (where I barely break even financially) is actually a great motivator. I am convinced I wasn’t meant to live like that forever!
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Jen,
I’m with you on this one . . .I have a hard time thinking of what happens if I fail . . instead I go all out to make sure I don’t fail,. . . that instead I succeed!
Good to see you here and so active posting and commenting!
Sean
Do you want to learn how to start a coaching program that stabilizes your income and changes lives? If so, visit http://www.AnyoneCanCoach.com
Sean
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Sean,
Trust me, I’ve failed BIG before! I am good at that!! 😀BUT…that said…I have always seen it as an opportunity to learn…what to do differently next time…etc.
I know there’s plenty of trainings on how to see failure differently, and so on…I’ve never really struggled with that. I just stay goal-oriented. “It will be a success…” “Didn’t work out? OK, I’m already on to the next one…”And thanks…This site is awesome for a lot of reasons! The only drawback? Too easy to get sucked into interacting on the forum, instead of actually working on my business! 😀
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Here’s an acronym that you’ll love, Jen.
J.O.B. – Just Over Broke
Bruce Hoag PhD
The Internet Marketing Psychologist
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That is TOO true. And I am determined it is not going to be a way of life for me forever! 😉
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If I give up, then I’ll never succeed.
And so I have to keep going.
Bruce Hoag PhD
The Internet Marketing Psychologist
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I am such a procrastinator, I keep putting off quitting…
In the food service company my wife and I quit.
Many times.
Just never at the same time.
Scott Hogue CChH
Follow me in the "Use What You Learn Challenge" as I create a website using what I learn from Sean that is a Platform for my niche:
http://www.threestepstowealth.comThe thread on this group that explains it:
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One thing that motivates me when I am discouraged and think about quitting is remembering the Friday afternoon staff meetings with the woman I used to work for. I would do almost anything to never have to do that again. That painful memory is quite motivating.
I am grateful you are here, asking this question, and for all the people who have taken time to answer. I found the whole page quite uplifting.
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I go back to my “reason why”
Why I do what I do . . how I can impact people, how I have a change to share things, to say things, to teach things, that change lives.
Why I do what I do . . I couldn’t have the lifestyle freedom I do without it.
It doesn’t mean I don’t always work 40 hours but I don’t have to do them 9-5, sometimes after 9 at night, sometimes before 5 in the AM )
time freedom is huge for me
And when I get discouraged, I can look at my reason why . .
I can look here and see people who are meeting each other . . .
I can look through my file with emails I’ve put in when someone tells me I helped them . .
Sean
Do you want to learn how to start a coaching program that stabilizes your income and changes lives? If so, visit http://www.AnyoneCanCoach.com
Sean
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One more thought here . .
it’s not all about the money
when we change lives FIRST – then do the right money things, the money will follow.
What would happen if each day you asked yourself, what can I do today to change one person’s life?
And if you touched one person per day, would that be motivating?
Sean
Do you want to learn how to start a coaching program that stabilizes your income and changes lives? If so, visit http://www.AnyoneCanCoach.com
Sean
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And you’ll know if it’s been motivating if it changes the behavior of that person. If that person does something different than what he/she would have done if it wasn’t for you.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy
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Hi again Claire,
There is an oft quoted saying that is hardly ever challenged… and that is “Money is the root of all evil”
But the correct version of that quote should be, if it isn’t already: “The Misuse of money is the root of all evil”
Money is simply a tool, but a tool which can be as slippery as an eel, when you are bereft of it, and becoming quite desperate (such as myself).
We just have to try our best to remain calm.. take it step by step, and hope that by helping others, in a structured, but unique way, we can be rewarded with access to that tool in sufficient quantities to sustain us, and allow us to lead a life of non dependency upon that elusive “money tool”.
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Neither is correct, Les.
It’s the love of money that’s the root of all kinds of evil. And the reason is that people who love it, who want to amass it, will do anything to get it.
They’ll cheat and call it tactics.
They’ll break the law, and then tell you everyone else is doing it.
They’ll lie, too, and tell you that it’s only a white lie.
They’ll cut corners at every opportunity to feed the accumulation addiction.
It’s why we have to be very careful about what we set our affections on.
Bruce Hoag PhD
The Internet Marketing Psychologist
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Hi Bruce,
Yes I see your more logical choice of words makes it clearer. But I did mean roughly, the same thing, I just didn’t explain it as well. Nevertheless, I believe, we are on the same page.
The love, or craving, of money is certainly the root cause of the evil done in its name.
But misuse and misguided use of wealth on the national level has also sparked more than its fair share of resultant misery for many, many people.
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It’s not my choice of words, Les. It’s in the Bible. 1 Timothy 6:10.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy -
Les & Bruce:
I see both points, and I think you are both correct…stating two different sides of the same argument.In my own mind, I’ve had to analyze whether I have a “love of money”? And the answer is no.
Money is an idea, nothing more. If everybody doesn’t buy into the idea, it’s essentially worthless. After all, paper, gold, etc, are only valuable because we all agree to think and act as if they are.
It’s the time I love…time with my family that won’t be sucked away by some meaningless (or even meaningful, but time-consuming) day job.
I love the ability to not have to clock in every day for the daily grind.
I love the idea of working when I feel productive, and not working when I don’t.
I love the idea of being paid based on my overall efforts, instead of an hourly rate.
I love the idea of reaching and touching “one to many” with what I have to share, whereas with a day job I only benefit one to one (or one to a few).
I love the idea of being able to travel when I want…or need. Sadly, I’ve actually missed a funeral in my family because I couldn’t afford to travel! I don’t want that to ever happen again.
I love the idea of not struggling for the basics, freely being able to help others, saving and giving to my children (& now, grandchild) when they are in need of something…
I love the idea of making a difference on a large scale for some charitable cause…
Currently, at this point in time, because we don’t live in a strictly utopian society, that all requires money.
So, it’s NOT money motivating me…It’s the things you can’t put a dollar value on (time, freedom, feeling useful/valued, etc) that only money can help me accomplish.
I definitely think there’s a distinction!
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What would you do if it did fail, Claire?
Would you give up? Or would you start again?
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy -
This is interesting . . .
what is failure?
is it that our squeeze page didn’t convert like we wanted it to . . .
or when folks read the giveaway it didn’t make a difference?
Are we defining failure as trying something that doesn’t quite work . . and that is failure?
To me, failure is not taking the action of CREATING the squeeze page and then telling as many people as possible . .
and this is just one example of hundreds . . .
can you folks think of more examples of what failure really is . . . rather than how we perceive it when a marketing piece doesn’t work just right?
Sean
Do you want to learn how to start a coaching program that stabilizes your income and changes lives? If so, visit http://www.AnyoneCanCoach.com
Sean
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For me, failure is a noun that describes an outcome that’s less than what I was working towards.
I know that I have to reframe it to mean something else, but a lifetime of thinking doesn’t go away overnight.
Perhaps you, Sean, or others in the forum have some ideas about what worked for you.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy -
Sometimes I think the expectation that “I can do this” even after years of trying and it not happening is in one’s DNA. Decades ago, back when freelancing to magazines was a lot different, it still took the average writer, with no publishing contacts, a long, long while to “make it.” And there might be periods during those dry spells when a time-out had to be called for real money to be made, but somehow the feeling that “I can do this” would return when another issue of Writer’s Digest arrived. And eventually the magic was found. Perhaps today the speed of internet information has caused us to expect success to happen quicker, and when it doesn’t, it’s harder to believe it can be done.
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I think “failure” is the failure to implement.
Now, “what” to implement is the big question.
Answer that + implement = success.
Regardless of results.
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To me, failure is giving up.
You should always be reaching for goals.
Now, the goal may CHANGE – which is OK. You learn by doing, and so you may have to tweak, improve, and change things around a bit.
As the Marines say: “Identify – Adapt – Overcome!”
It requires internal resiliency to keep at it, even when it may get exhausting.
But when you throw your hands up and say you’re not going to try anymore, and don’t…That, to me, is the point of failure.I Use Reviews
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Some of you may have seen this article on the Warrior Forum. I found it helpful.
The title was “When you feel like quitting, know this,” and it includes a graphic that tried to capture the dip we might feel after some of the original excitement has worn off. Knowing the dip exists can help keep us from giving up.
Mark
All About Health And Healing
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Love the graphic Mark.
The problem of motivation comes from the length of time that elapses between the effort that’s required to make it work, and the feedback we get which tells us that it is.
Our society has programmed us to believe that things happen instantaneously. We even read about people who were an “overnight” success.
And so when we work harder than we ever have before and don’t see the results we’ve been promised, then we’re tempted to quit.
Many people do.
For some of us, however, there’s something inside that won’t let that happen. We keep coming back to that niggling problem because it won’t away simply because we ignore it. If anything, it becomes stronger through neglect.
That said, sometimes we get so embedded in what we’re doing that it feels like we’re in the rainforest: No light. And that’s when you have to back away, take a break, and get some perspective.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy
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Quitting is not a success strategy. I wish I could take credit for saying that, but I heard it first from an old boss of mine.
How are you “wired” up?
speaking in general here
Do you expect something for nothing?
Do you think life gives attendance awards for just showing up?
Do you think the world is a hard place to survive and thrive?
When you aren’t seeing success do you have a tendency to fade out and quit or roar on and overcome?
Do you question yourself and your life with endless loop questions that have no answer, like “Why me?”
When your funds are low do you put your energy into worry and dread or into solving the problem?
I don’t think anyone arrives here in the world with a success mindset, we pick up our mindset mostly from the people around us and society.
On the other hand there are countless true stories of people that changed their outlook and changed their life.
I like the saying, “You don’t attract what you want, you attract what you are.”
If you are a person that complains, well, misery loves company. You will find yourself in a world of complainers.
If you are a happy person trying to succeed, then don’t be surprised if happy people that are succeeding show up for lunch.
I think a good outlook is to believe that you will meet with some difficulty at times as you go through life, but you will work your way through your problems and overcome them.
To believe the end is worth the work and to make the journey as rewarding as possible.
If you are doing the thing you were put on earth to do, then how can you fail?
The bible says make your calling and election sure.
Be sure you are on the right track and then go forward!
best,
Scott Hogue CChH
Follow me in the "Use What You Learn Challenge" as I create a website using what I learn from Sean that is a Platform for my niche:
http://www.threestepstowealth.comThe thread on this group that explains it:
http://preneurpal.com/forums/topic/own-the-game-and-win-it/#post-1747-
From the context, it’s clear that to “make our calling and election sure” refers to our salvation, not our vocation.
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy -
I feel it applies to all things too. Yes, the most important of which is salvation.
I wouldn’t care to argue that knowing your calling or place in all things is not important.
I feel the bible is of earthly benefit too, just my take.
best,
Scott Hogue CChH
Follow me in the "Use What You Learn Challenge" as I create a website using what I learn from Sean that is a Platform for my niche:
http://www.threestepstowealth.comThe thread on this group that explains it:
http://preneurpal.com/forums/topic/own-the-game-and-win-it/#post-1747 -
The Bible is of earthly benefit. In fact it gives “everything we need for life and Godliness.” But that doesn’t mean that we’re free to apply what it says in any way that we want. We are to “rightly divide the Word of truth.”
Bruce Hoag PhD
The Internet Marketing Psychologist
The Mindful Writer - for deep and persuasive copy
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