When No One Will Hire You, Hire Yourself!

So let’s go back a few years; back to 2007 to be exact. Do you remember what happened? Did it affect you in some way as it did to millions of people?

Let’s review: in 2007, the United States economic system entered a mortgage crisis that brought on world-wide panic and monetary disorder. The financial markets turned volatile and the effects are still being felt today. The subprime mortgage crisis was the direct result of flawed or criminal lending practices, largely based on the belief that home prices would only increase.

Your Online Business
The American Dream.

Being a homeowner is the ultimate “American Dream.” However, it will probably be the costliest expense you ever make in your life as homes don’t come cheap and you need to borrow the money to make the purchase.

Sometime in the early 2000s, there were a record number of home buyers. Back then the interest rates were very low, allowing potential home buyers to get fairly large loans with lower monthly payments. Some payments were cheaper than actually renting. As a result of this, home prices increased considerably, so purchasing a home seemed like a smart investment, and it usually is. Banks believe homes are great collateral, so they had no problems lending the money as long as things remained on the up-swing.

Regrettably, disaster began to heighten in 2007 as home prices froze or slowed down from the extremely rapid pace that it had managed to maintain. Home prices began to topple downwards in 2006. Homeowners, who took out loans much bigger than they actually needed, ultimately stopped making their payments. To make things worse, as adjustable interest rates rose, so did the monthly payments.

Borrowers with un-affordable houses were left with few choices: foreclosure, renegotiate with the bank, or just walk away. Many chose the latter. Soon after, massive layoffs started to occur. So not only were you losing your home, you were also losing your job; your only means of sustainability. It has taken years for the economy to get back on course, however, things are still not the same as they were in the 90s.

Waiting for your site to be perfect before it even exists.

The one thing that can stop you from moving forward in your internet business is perfection. Yep, I’ll say it again, perfection. You want all your ducks in order before you even begin the actual process. You want to know it all before you even get a domain, much less a name for your business. This will definitely hurt you. You make every effort to learn all aspects of your business. Whether it’s the building of the website itself, and worrying about how you are going to get traffic to your web site. My advice to you is. Stop being a perfectionist and start creating. You should not worry about making mistakes, having everything correct, etc.

In general, people are scared to fail. That’s just the honest truth. In fact, you should embrace the idea that things will go wrong at some point. In order to succeed, you must fail. This is a requirement of success. Take a look at any famous entrepreneur today. If you read about them, every single one failed at the beginning, sometimes to the point of throwing it all away. But persistence pays off. You fail, you get back up and you find out how to do it right the next time.

Remember, you do not have to know everything to get started in an online business. You do not have to follow all the gurus; buy all their material; get stuck learning very long and very expensive (boring) courses. This is not where you should be spending your time. There will always be another piece of software, webinar, guru, etc.

The best way to learn anything is to do it. Yes, it will be a bit painful at the beginning, perhaps very confusing. However, what matters is that you take action which will lead to knowledge, then to success. Take the ‘learn as you go’ approach. At least you’ll have something to look at and then make your changes. Whatever that is: commercial site, blog, video channel, etc.

In conclusion, if you do not start, you cannot make any money with your internet business. So get something going today. Don’t let the unknown stop you.

To your success.