Main picture credit to lifeaccordingtofrancesca.com.
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You know for the past 30 years or so I have been trying to find a way to truly make some additional money each month. Look I am not trying to get rich, I just want to build a nest for when I retire, where I won’t be a burden to my kids or wife for that matter. Maybe the opportunities have presented themselves over the years, and possibly somehow, I just blew it. Now, the other day I was scrolling through social media, I believe it was Instagram, and this ad or wait, a post appeared. It was the story of a woman who began day trading and within a year she was able to have her husband quick his 9-5 job and the rest of the video shows them living the life. Of course, within the comments, people mentioned that they tried as well and were not successful, and maybe she was doing something different. Well, she replies to that one comment about doing something different she talks about “mindset” and goes through this whole story about it. I thought about what she said and maybe there was some truth behind it, well at least in my case, but then I thought about it more and I said to myself, “no, no, no that’s not it, what I lack is support”. I am not going to get into a pity post, but I believe I lack a support system in my life, and by that, I mean those people around me, that should support me so that I could dedicate the necessary time to these business ideas and get them off the ground. Instead, what I have in my life is whether I bought them something, what am I going to make for dinner, are you cleaning the kitchen, are we going anywhere for spring break, can you do laundry, and so on. I honestly believe if the support system was there since the beginning, I would be in a different place, and maybe one of these business ideas would be generating income by now, well enough income to allow me to save for retirement without sacrificing my current life. Right now, I work paycheck to paycheck, barely squeaking through each month while trying to save for retirement. It is a lot and somehow, I am doing it, but I am stressed, and sad at the end of the day. Now, don’t get me wrong, I am blessed, but for some reason, I don’t feel umm, what’s the word, umm, “fully Realized”, “Accomplished”, I don’t know. I feel like I have this hole in my soul and I just can get past it.
This is where the title of my post comes in. I wish I could pay off my mortgage, only my mortgage, because then I could do so much, and that would alleviate a lot of the money concerns that my wife and I are having. I am not sure if you remember but my division at work was on the chopping block and they were going to give me a nice severance package. Now. during that stressful time, in the back of my mind I had this idea of starting a brick-and-mortar business, if I was let go. I was thinking of a restaurant or possibly a bar. I was going to look for a partner and go for it. Of course, the company kept us and I am still working my 9-5 job.
Now, the other piece that goes along with my post title, and I might regret posting this, because I am sure I am going to get a lot of direct message or comments, but here it goes. During my short-day trading endeavor, I signed up with this day trader that was doing the same trading method I was, and he had a lot of good reviews and seemed to be successful – I believed him. But after my failed attempt, I said to myself why can’t I find someone (honest) that is really doing this well in their niche that is willing to take my money (to say) and duplicate their system for me and keep, say 40% of what they make on my account. For example, Fred is a day trader, who is honestly making 10k a month, he started with 10K so that is what he needs from me. Now, let’s say Fred is willing to duplicate his efforts on my account and keep let’s say 40% of the revenue, profits, whatever. So, if Fred makes 10K on my account simply by duplicating his great system, he keeps 40% of 10K which is $4,000 and I keep $6,000 – this is my,” I Wish I Could” statement.
Another example, Barney is a great affiliate marketer and makes 40k a month, right, that is what we see a lot of in social media isn’t. These folks claim to make 40k a day and things like that – right. Let’s just say for the sake of this example that Barney is truly making 40k a month with his system. Barney started with say 15k for his business and that is what he needs, from me, to get things going and successful. Barney duplicates his efforts, maybe I can help somehow, and the site or whatever his or her niche is gets to the point of generating 40K a month – WOW – right. So, Barney is a tougher negotiator than Fred, and he wants 60%. So, 60% of $40,000 is $24,000; I keep $16,000.
Now, wait I know what you are thinking and I have seen those ads or commercials or whatever you call them about companies or individuals looking for partners to launch an eCommerce business that generates a six-figure income. They do all the work, manage, advertise, and so on, but they want you to give $25,000 to $50,000; sounds like what I am looking for the right, but then you read the fine print and there are no guarantees, yadda-yadda, yadda-yadda, yet they are making constantly six-figures – so how does that work? I know, I know all businesses are different, all individuals are different, all scenarios are different, etc. Now you also hear everywhere that you need to think about the investment as something you can afford to lose. I got that, no worries, but imagine these folks selling 15 people a year on this dream, that is $25,000 X 15 = $375,000; of course, they make six figures from those 15 people that got the no guaranty – who wins here.
I am just saying, and honestly, if I had some system that truly generated 1k, 5k, 10k, 40k, or even 6-figures a month and I could duplicate it myself, I would invite people and do the work myself. Of course, I would negotiate a reasonable percentage, but along the way, I would show them exactly what I am doing so they can keep doing it. Hey this sounds like all the ads we see day in and day out, yet I am sure there are thousands of people taking a risk, buying into these so called business opportunities doing the work exactly how they were told/taught, but never getting anywhere. Then when they ask for help from those individuals that sold you the idea, they give nothing, or they simply tell you that individual performances differ from person to person. The thing is, I still believe, besides selling dreams to people, that there is a system that will truly generate extra income that we are all looking for, whether it is 1K, 5k a month, or six-figures a year – it’s out there.
I don’t know, my drop shipping business gets about 800 to 1000 visitors a month, but no sales. The affiliate links I do have are doing ok but I just can get them past a certain point. In my blog, I am trying to put more content, but some days my life gets the better of me, but I do keep trying, and maybe like the one individual said, it could be my mindset. All I know is I wish I could pay off my mortgage, find a partner to start a business or find someone that has a system that is willing to duplicate what they are doing – truly duplicate a successful system, because I am sure there are a lot of scam-artist out there and people fall into their traps – sad but true. I think I fell into one of those traps with AliDropship; I spent $700 for an exact copy of a site, have spent thousands in promoting the site using their material & guides, and have had but one sale, which was refunded. Now wait a minute, I haven’t given up on the site and I was thinking, that maybe I will try my hand again at Day Trading, but this time with a different mindset (laughter).
Hey, thanks for stopping by and I leave you with this thought, “There are a lot of scammers out there, individuals and companies. Just do your homework and whatever you invest it, you must think about it as money you already lost, invested in your future. Don’t give up on your dream, because there is something out there.”