Original Source - Seojims.com
Jims Here,
I want to share a story with you guys on how I lost about 23,935 thousand In Bad Investments. I remember when I was 16 years old.. I told myself when I earn my first $20,000 Online.. I’m going to invest and turn that $20,000 In millions.. But that Didn’t happen.. You know what happened I end up losing the $23,935 in some pretty bad investments.. I thought would work out.
Before you start throwing your cash around, here are a few things you should keep in mind:
Don’t Spend A Dime Till You Have That Aha Moment.
The biggest lesson I learned was that don’t go out and spend any amount of cash before you have the brilliant idea that you sure will work or can be tested. I find out I was spending too fast and too soon without letting the money sit in my business bank account. And for that reason Before I knew it that 23,935 was nearly gone.
Key Takeaway: Don’t spend till you get that insane idea that you can test and evaluate. Until then don’t spend a dime/
10 1 year careers vs 1 10 year career
The second biggest lesson that really hit me hard right in the face was trying to create small niche business that didn’t have potential to last 5+ years. You know those business you see on google about reviews and random services, I was those type of person.. Making websites and just ranking for keywords that would bring income for that year without thinking long term. I end up investing 20% of the 23k Into niche website that work out but got burned and lost income when google push them down In ranking.
The biggest takeaway I learn from 10 1 year careers was that just because it’s a good idea to make a business for the income.. You should also focus on building that 1 business that will last 5+ years and more.. That don’t rally on google traffic or PPC to thrive.. Just pure brand power. It was thanks to Chris at Chris.Money I learned this valuable lesson.
Ranking is temporary, but a brand last forever
The last lesson I learned.. Building a brand is far more important than ranking for the keyword that will drive the most traffic. Because, Majority of ranking right now are temporary and won’t last forever. But a brand that resonate with people last forever and survive the harshest of storms.
Conclusion
I hope you, not the type of person that wait to get burn to learn a lesson. I hope that you took something valuable from the lesson I shared and don’t repeat the same mistake I did. I eventually learned after losing so much money on how to better invest and make money from little to no amount. And Addition remembers don’t spend a dime till you know where and how the money will work for you to make you more money.
- See more at: http://seojims.com/3-lessons-learned-from-losing-23935-in-bad-investments/
Jims Here,
I want to share a story with you guys on how I lost about 23,935 thousand In Bad Investments. I remember when I was 16 years old.. I told myself when I earn my first $20,000 Online.. I’m going to invest and turn that $20,000 In millions.. But that Didn’t happen.. You know what happened I end up losing the $23,935 in some pretty bad investments.. I thought would work out.
Before you start throwing your cash around, here are a few things you should keep in mind:
Don’t Spend A Dime Till You Have That Aha Moment.
The biggest lesson I learned was that don’t go out and spend any amount of cash before you have the brilliant idea that you sure will work or can be tested. I find out I was spending too fast and too soon without letting the money sit in my business bank account. And for that reason Before I knew it that 23,935 was nearly gone.
Key Takeaway: Don’t spend till you get that insane idea that you can test and evaluate. Until then don’t spend a dime/
10 1 year careers vs 1 10 year career
The second biggest lesson that really hit me hard right in the face was trying to create small niche business that didn’t have potential to last 5+ years. You know those business you see on google about reviews and random services, I was those type of person.. Making websites and just ranking for keywords that would bring income for that year without thinking long term. I end up investing 20% of the 23k Into niche website that work out but got burned and lost income when google push them down In ranking.
The biggest takeaway I learn from 10 1 year careers was that just because it’s a good idea to make a business for the income.. You should also focus on building that 1 business that will last 5+ years and more.. That don’t rally on google traffic or PPC to thrive.. Just pure brand power. It was thanks to Chris at Chris.Money I learned this valuable lesson.
Ranking is temporary, but a brand last forever
The last lesson I learned.. Building a brand is far more important than ranking for the keyword that will drive the most traffic. Because, Majority of ranking right now are temporary and won’t last forever. But a brand that resonate with people last forever and survive the harshest of storms.
Conclusion
I hope you, not the type of person that wait to get burn to learn a lesson. I hope that you took something valuable from the lesson I shared and don’t repeat the same mistake I did. I eventually learned after losing so much money on how to better invest and make money from little to no amount. And Addition remembers don’t spend a dime till you know where and how the money will work for you to make you more money.
- See more at: http://seojims.com/3-lessons-learned-from-losing-23935-in-bad-investments/
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