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Silent Sales Machine Radio

#255: Top 10 pitfalls that will take you out of the online biz game

Silent Sales Machine Radio

Jim Cockrum

Entrepreneurship, Careers, Business

4.8811 Ratings

🗓️ 3 February 2020

⏱️ 58 minutes

🧾️ Download transcript

Summary

Over the past 20 years I've seen it all. I've seen the most unsuspecting people thrive and build incredibly profitable and fulfilling businesses, and I've watched the most capable give up because of one of the pitfalls that I list in today's episode. Observing literally 1,000's of businesses has given me an advantage. Over time I've detected obvious patterns and I have some insights to share on these timeless, crucial lessons. Avoid the list of pitfalls that I share in this episode, and you'll stay on the road to financial success as a business building warrior! These are timeless lessons and strategies that will serve us all well if we embrace each concept.
 
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Transcript

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0:00.0

Welcome back to Silent Sales Machine Radio.

0:04.9

This is your host, Jim Cochrom, and I've got an episode today that is a list.

0:11.4

Let's call it a top 10 list, if you will.

0:14.2

Although I may go a little past 10 here.

0:16.8

I've actually got 11 things.

0:18.3

I'm going to run past you here.

0:20.4

And these are the most common ways that I've seen got 11 things. I'm going to run past you here. And these are the most common

0:22.0

ways that I've seen people go off the rails and, quote, fail at online business. Although you've

0:31.9

never actually failed until you quit. But these are the things that I've seen really derail people and take their focus

0:39.7

off of the prize. Maybe they were determined to have a full-time business. They wanted to use the

0:46.7

internet and they wanted to have that flexibility versus having a traditional job. And it was probably

0:52.6

one of these things that threw them off and made them decide

0:57.3

that for whatever reason, they weren't going to pursue internet business any longer, and they were

1:02.3

going to go back to something more traditional. And there's nothing wrong with that. It happens,

1:07.0

you know, people do that. And it's great. People have great careers that they love. They have jobs

1:10.5

that they love. That's beautiful. But for those of us who want to have the flexibility of an internet

1:16.0

lifestyle, what are those things that can throw us off that track? Now, obviously, not generating

1:23.9

enough revenue to be able to pay the bills and live the lifestyle that you want,

1:28.9

that's ultimately, just like every plane that's ever crashed, it was gravity that brought them down.

1:35.2

Same thing every time. But what malfunction happened, what misstep or miscalculation or poor

1:42.4

judgment went into gravity taking over, well, that's what we're

1:46.0

going to talk about today. So obviously, if you're making significant enough money, you can maintain

...

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