Everyone wants to make a lot of money, but unfortunately, not many people want to make that money through value exchange!
If I get asked, What is the most realistic way to succeed in online entrepreneurship based on my personal experience? my answer will come down to this:
Let me start by giving you an example.
Recently, one of the main clients I work for hired a high-ticket digital marketing agency. He paid a big amount of money to them while they promised big results. Unfortunately, after three months of working with them, he had to fire them because they were not able to provide any results despite getting paid a large amount upfront and spending a lot more money on marketing campaigns that generated no returns at all.
A lot of the failure was because of their lack of dedication to providing the right service that matched the price they were paid.
For example, in the middle of the project, they decided to go on vacation for a week and paused all marketing campaigns. Even though they were supposed to be experts, they ended up asking for my help with many tech tasks that they should have taken care of.
You will find this problem in many places—people just want a lot of money but don’t care about providing the right value in exchange.
Why I Credit My Success to Value Exchange
I personally credit a lot of my success in my career to doing everything I possibly can. If I get hired to do a task, I make sure it gets done right!
I strongly believe in value exchange, which is why I never have any interest in “get rich quick” schemes.
Anything that promises a lot of money with no work in a short time is not of interest to me. More often than not, if it sounds too good to be true, then it is NOT true.
Avoiding the Trap of Get-Rich-Quick Schemes
I can recognize get-rich-quick schemes when someone advertises a way to make a lot of money within a few days with very little to no work. Most times, the people who advertise these schemes start by saying, “This is not a get-rich-quick scheme.”
Sadly, there are way too many content creators on YouTube who share misleading and unrealistic get-rich-quick information.
Knowledge is super important—without it, you cannot go anywhere. But you have to be very careful about who you get that knowledge from. If you listen to just anyone on YouTube, you will probably end up chasing too many unrealistic ideas and doing things that will never work for you. In the end, you might give up, thinking this whole online entrepreneurship thing is not for you.
Finding What Aligns with Your Strengths
Everyone is different. Even if I give you a step-by-step process of how I did something and achieved results, and even if you follow the process exactly as I did with no mistakes, you might not achieve the same results. This is because we all have our strengths and weaknesses. That is why it is a good idea to try different things and find what aligns with your strengths.
But while you try different things, do it with a clear intention of providing value to someone in exchange for money. If you focus on making money through value exchange, then you are on the right track to finding something that will change your financial future.
A Lesson from the Dead Stock Cult
I recently watched a video from James Jani’s YouTube channel about a “dead stock cult.” It is about how someone took a risk and bought the stock of a company that was clearly dying. Everyone thought he would lose all his money, but luckily for him, the stock rose and made him a millionaire almost overnight.
When that happened, a lot of people started rushing to buy the stock, wishing to become overnight millionaires too. However, the stock kept going down and losing value to the point where the company filed for bankruptcy. Thousands of people lost all their money, but they refused to accept reality and kept putting their money into other stocks, continuing to lose in pursuit of overnight riches.
That is the sad reality for most people. Some people win the lottery, but since some people win, do you think it’s a good idea to leave everything and chase winning a lottery? There’s a huge chance that if you do that, you will spend your entire life chasing it without catching anything.
Here is my final advice: If you really want to change your financial future, embrace hard work, be willing to outwork everyone you know, don’t get distracted by get-rich-quick schemes, avoid shiny object syndrome, find a way to turn off your desire for instant gratification, and finally, never give up!
I would like to end this post with some dramatic words. As 50 Cent once said, “Get Rich or Die Trying.” 😊