I used to envy bank managers.
They ride in posh, luxurious cars.
Their children attend the best, high quality schools around.
The houses they live in are BIG and in secured environments with good water and power supply etc.
You may need to see some of them yourself around the area where I live in Lekki, Lagos.
And they live this kind of lifestyle because…
Their Monthly Salary is X6 of What The Average Person Earns In a Month.
Even though I envied them, I never wanted to be ONE because the truth is that … they Work Way too HARD and Too Long For the Money They Earn.
I want to be able to wake up when I want.
Get Away From Work Whenever I Want to…
And still earn a lot of money to live a plush lifestyle.
And that is ONE thing that the internet has made happen for people like me and some of my friends.
So, How Do You Create An Online Income Stream That Allows You to Live a Bank Manager’s Lifestyle?
It starts with the 4 steps I will be sharing with you below.
STEP 1 – Have a PROPER UNDERSTANDING of Money:
This is not just about online business alone.
To really become a master of money, it starts with having a conscious understanding of MONEY.
I wasn’t a good Economics student in school but I still remember that in Economics…
Money is Defined as a Means of Exchange.
A Way to Trade What You Have for What You Want.
Once you understand that statement, you will SEE how the internet can make you more money faster while working lesser.
Check out this equation below:
Value = Money
…and money equals value.
The reason why a young man who works for about 4 hours per day can make more money than the manager of a bank online is because…
You can take advantage of the technology of the internet to run your business and the internet also allows you to reach millions of people all over the country and even globally. You only take care of the human part of the business.
STEP 2 – Have the RIGHT mindset
A lot of people have the wrong mentality as regards the internet.
Some think it is all about porn.
Others think it is all about scams.
Sure, there are lots of scams online but the same thing applies to the offline world.
Another thing is that anyone who wants to do business online needs to know that it is not for lazy people. It’s not a money dumping ground where you will come and pick money like some people say.
You need to realize that there is a BEGINNING for everything and be ready to learn and not give up early.
A lot of people fall for various online money making scams because they want to get rich quick without learning the ropes.
Of course, the internet is the most powerful system ever created to make tons of money fast BUT you should understand that it won’t happen make you a dime if you do not have a good understanding of how it works.
And the understanding comes when you make up your mind to sit down and learn what you need to get started.
How fast you learn and get results will depend on if you follow the advice in the next 2 steps.
STEP 3 – Pick JUST ONE proven internet business model to start with and FOCUS on it.
This is probably the SINGLE biggest mistake that people who are new to internet business make.
Pay attention to it and you will start getting results faster than you ever thought possible.
Picking an internet business model where you have 80% chance of succeeding fast is crucial.
But focusing on it until you have fully mastered it is more important.
The truth is there are several internet business models that you can pick from.
Some are capital intensive.
Some take too long for you to start making good money. E.g Blogging.
When people ask me to recommend an internet business they can start with and make a lot of money, I ALWAYS tell them to look at the time they have and the amount of money they are willing to invest and make a decision based on that.
When you have focused on one model and you have made a success out of it, you can now move into another model and also make it successful.
STEP 4 – Get a Mentor
When I started to make money online some years ago, I had no mentor.
Everything I did was trial and error and it cost me a lot of time and money because I made a lot of mistakes.
Since then, I have learnt that fastest way to achieving results with anything in life is by getting 1 or more mentors with experience in what you want to achieve.
Mentors help you to avoid silly mistakes and help you to focus on things that will actually get you results
I wish you success.