What To Do If You Are Facing Hard Times

What To Do If Desperate | The Internet Marketing Place

 

This article is for those who are desperate to make money in Internet Marketing, and may be in a bad financial situation and/or needing help.

I have personal reasons for writing this article, as I met a close friend yesterday who has gone downhill financially, and I wanted to write something that would help those who are struggling with debt and want to get out, to build their dream business.

Many Entrepreneurs have been there at some point in their life… Donald Trump made his millions to then lose them all again; Theo Paphitis came from a poor background after his parents moved from Greece, but he started his Entrepreneurial career by selling sweets at the school tuckshop – and Alan Sugar started his career by selling tar that had been dug up from the road as fire-lighters!

The thing that they all have in common is that they persevered, and they all achieved greatness again.

And you can too.

 

If you want to have a great Internet Marketing business, and you dream of being financially free then you need to start with two areas:

1.) Getting to a Point of Stability To Build Up From

2.) Getting the Correct Education to Learn How to Sell Online

 

Let’s cover getting to a point of stability first.

Do you know the number one reason why most businesses fail?

Because of a cash-flow problem.

And it goes without saying that the business having cash-flow problems usually causes the owners of the business untold levels of stress and problems too!

Having a business starts from home – you need to be great at managing your own finances before you can hope to run a successful business.

So where to start?

Make a Plan!

Your plan is the foundation that your business and future wealth will grow from. And that plan has to start at home.

First assess whether you have access to the basics – have you got food to eat and water to drink? Have you got a roof over your head? Have you got clothes on your back?

If the answer to those three questions is yes, then fantastic – you are better off than many others in the world!

You are lucky.

The next step is to build up cash-flow so that you can start building your wealth on a solid foundation.

There are ways to make money online fairly fast, but depending on your situation, you may need to get a job locally while you build your business. Having a job is a great idea short-term, as it gives you a solid base to work up form so that you can build your business in your free time.

 

Now, I mentioned that there are some ways to make money online fairly fast, here are a few ideas:

 

– You could sell unwanted items from your house on Ebay, or you could find a way to source products locally for low cost, and then sell them on Ebay for a decent profit.

– You could go on Craigslist and look for gigs. These are normally cash jobs, so are a great way to earn money fast.

– And the best way in our opinion – you could look for service jobs on outsourcing sites such as Fiverr, Elance and oDesk which you could do for cash. Are you a good Writer? Could you do market research for somebody? Could you help somebody set up a piece of software that they own, but don’t know how to use? These services are all great ways to earn money online, and are generally quick, cash jobs.

 

Now you have a cash-flow from a job and from online, you need to be keeping a heavy watch on your expenses to make sure that you grow your money pot, and not reduce it.

That means cutting down on unnecessary expenditure such as expensive gym memberships, meals out, and even your TV!

Anything that you can cut from your monthly budget that will get your net worth rising will be of great benefit at the moment.

 

Here’s a BIG factor in your success – Make sure that you save 10-20% of your monthly earnings each month, and invest that money over the long-term.

 

Saving and investing money over the long-term is a key factor which has affected my life drastically.

Joanne and I have hit rock-bottom before – yes £0 in the bank.

And selling unwanted things, getting a stable cash-flow and this no.1 rule got us out of it.

Without this rule, you wouldn’t be reading this today.

So save and invest 10-20% of your profits as a minimum, to achieve long-term growth.

 

We have covered building a stable foundation, now let’s cover getting the right education.

Getting the right education to learn how to set up your internet business is critical to your success!

It goes without saying that the internet is getting bigger and bigger. There is some much competition out there these days, and considering your competition is both national and international, you need to know what you are doing to succeed in this business.

It is certainly worth investing in a good course or a mentor if you have the funds available, as buying a good education is investing in yourself, which will pay you huge dividends for a long time. If you are in this game for the long-run, then you need to get educated.

If you haven’t got the cash to get a mentor yet, then there are plenty of resources that you can get started with for free – our blog is one of them! We love posting up content that we know will help you guys, so stick around, drop up a comment and ask all the questions that you can think of – we read all of our comments and love helping you!

There are also many internet marketing forums online which are a great place to ask questions, get involved and learn. The biggest internet marketing forum online is called the Warrior Forum – Google it and check it out!

To get your internet marketing education started, I would also like to offer you one of our Ebooks for free, because I really think that it will help you out.

Fill in your details below to grab your copy of ‘The 17 Principles of Online Success’ now:

17 Principles of Online Success | The Internet Marketing Place

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Good luck on your journey – we will be here to support you!

Speak Soon! :)

The Internet Marketing Team

Send us your questions to yourquestions@theinternetmarketingplace.com – we would love to answer them!

 

Christian Swift

Christian Swift

Christian is the co-founder of The Internet Marketing Place. He is an avid Internet Marketer, Entrepreneur & Writer who enjoys helping others turn their passion into a cash-flowing business online!

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About The Author

Christian Swift

Christian is the co-founder of The Internet Marketing Place. He is an avid Internet Marketer, Entrepreneur & Writer who enjoys helping others turn their passion into a cash-flowing business online!

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