About W3-E
W3-Entrepreneur is an online business and web entrepreneur blog (what do you mean another one!), written by some Scottish bloke called Steve. He’s not very rich.
Seems a bit stupid for me to admit something like that that in a “Make Money Online” blog but unfortunately it’s true – at the moment… So why should you read this blog?
Well I’ve been a long-time Internet user, I’ve ran a few sites, I’ve made a few $100 bucks here and there but never put much time into it. I’ve never put much time into it because I’ve been labouring under the impression that to make money online, or indeed offline, you need that elusive “Great Idea!”. Or if you don’t have a great idea then at least you need large amounts of cash in order to steal other peoples great ideas.
I know now, that the “Great Idea!” (it really does deserve a exclamation mark) is actually totally untrue. I think we all know, deep down, that it’s untrue. But it is a nice thing to believe. Forgive me now as I shamelessly quote the indomitable Felix Dennis (worth ~$1.5 Billion) to dispel these myths.
What are the biggest myths you know regarding getting rich?
The first is the claim that people did not set out to get rich but became rich by “accident”. “Oh, I only did what I love to do and woke up one day to find myself wealthy.” That sort of thing. It may have happened. But very rarely in my experience.
Some people are merely better at disguising desire, that’s all. Others, usually not those you would care to spend vacation with, have a naked lust for money stamped on their features, evident in even their most commonplace conversations. But a capacity for disguise and dissimulation doesn’t alter the fact that the vast majority of the self-made rich worked, secretly or openly, like billy-o to acquire their wealth.
The second myth is that people got rich by having a “great idea”. While this is a more feasible hypothesis than having got rich by accident, it’s a trap, because it’s a partial truth. All of us have had great ideas from time to time. I had a great idea for a kind of Spiderman gun that would shoot out a sticky web at a burglar in your house and disable them without harming them. Will it get made? Probably not.
The follow-through, the execution, is a thousand times more important than a “great idea”. In fact, if the execution is perfect, it sometimes barely matters what the idea is. If you want to get rich, don’t sit around waiting for inspiration to strike. Just get busy getting rich.
Thirdly, and lastly, I think that perhaps the most destructive myth about becoming rich lies in remarks like: “Well, it was OK for you starting out in the late 1960’s. But times have moved on. You couldn’t do it that way today.”
Perhaps not, but you can certainly do it some way. Times change, but human nature, the lure of wealth and the determination to acquire it remain a shining constant in the world of ambitious men and women. The example of others not even born in the 1960’s is all around you. They prove such thinking to be false.
If you think that it can’t be done and dwell on that thought too long, then you are likely to remain poor. It’s as simple as that.
So there you go, myths dispelled! Now dear reader lets get busy.
Steve
Quote from probably my most recommended book for all entrepreneurs, if you liked that then consider picking up How to Get Rich
