There are millions of blog posts on the internet. However, there are some that do extraordinarily well, while others are more like failures. This is also seen in the world of investing, and no matter if you are trying to be a successful blogger or trader, you need to have the right education and know what tools to use along the way.
There are many components to investing and blogging is just one of them. How do you get to be among those who succeed exemplarily with their blogs? What’s the secret to being a great blogger and reaping the most out of it? These are some of the questions that when answered, will allow one to be among the best online traders in the market.
Patience is a Virtue
To succeed in the blogging industry, you need one important virtue, patience. In the investment industry, perseverance also pays. Just like it is with investing in stocks and currencies, bloggers invest in their blogs for a long time before they anticipate any returns. If you are impatient, success is a near impossibility. Patience gives you a perfect opportunity to improve, learn iterate and gain more knowledge. You will be shocked at how good you have become over the years.
Consistency is another great thing that gives bloggers an edge on the online trading platform. Considering that investments benefits don’t come overnight, it is important to ensure stability in your trades.
This is something that Tim Sykes, a successful penny stock trader, and blogger who continues to preach to his audience on a daily basis. Tim has made a living out of blogging ad building a brand for himself, while also offering a service to learn his trading methods as well. To find the same results and success that Tim has accomplished, simply doesn’t happen overnight — if ever!
With this in mind, bloggers know that it’s a lot easier to lose their audience than it is to get them. Just like it is important to pick the right broker that has a perfect track record when trading, it is also important to blog as consistently as possible to have a higher subscribing rate. However, try not to be too much to push away your audience.
Understanding the Market
Successful bloggers just like investors take pride in understanding their markets. When a blogger knows the audience better than they know themselves, they have a greater chance of building a good following. In stock trading, it is advisable to always cut the losses at 8% below the initial purchase price. This can only be done if you understand the market clearly.
How is this possible, you might be wondering? Well, with proper upfront research, it is a piece of cake. For traders, getting a qualified brokerage company such as Ameritrade, Etrade or CMC Markets can help you in understanding the stock market. Not only do these sites offer itself as a service, it also offers full training guides, webinars, and resources on how to be a better trader as well — which is something we commonly see with tools and services being offered in the blogging space.
Knowledge is Key
Sharing of knowledge also puts bloggers on top of the game. You can see a perfect example of this in a recent expert post that was featured on Blogging Tips. Members in the world of online marketing and blogging are very open about what they do, and are always more than willing to share success tips and advice for others in the industry.
As an investor, having knowledge about the kind of investments to concentrate on is the difference between profits and losses. For example, it is advisable to avoid volatile investment types such as options, foreign stocks, and futures if you are a newbie. Concentrating on a few premium stocks is a better option than owning twenty low-quality stocks.
Just like successful investors, successful bloggers are not afraid to showcase what they know. You want to give out as much as possible so as to make your audience dependent on you for knowledge. The more you give, the more you acquire.
Avoid Emotional Attachments
To succeed in stocks and online trading, it is essential to avoid getting emotionally involved with the stocks. The best way to go about it is to follow the rules (buying and selling) and not to allow the emotions to be the reason to change your mind. The same applies to bloggers.
Most bloggers write for themselves first. Ignoring the fact that the blog you write will be read by someone else and just flow with your ideas, thoughts, and opinions are how to go about it. Put down your feelings into words and see the magic happen.
Learning from Others
Succeeding in online trading involves learning from stock market winners that are the best in the field. It is also beneficial to perform a post-analysis of your previous stock market trades always to learn from your mistakes and successes.
Bloggers borrow the same concept from traders. They learn from other bigwigs in the blogging industry, and they also perform analysis by involving their current readers and putting up an engaging quote on social media such as Facebook, Twitter, LinkedIn, and Instagram that asks users some questions. Depending on the responses they get, they get to know whether or not it is a great topic to blog about.
Does Blog Content Make You Money?
starts off with a Bali Bang. I slammed into the ground during a wicked motorbike accident. Pain followed. Big time pain. Excruciating pain. What was my life and blogging lesson? Never take your eyes off of the road. I looked at a dog for a split second who’d been hit by a car or motorbike. Shaking my head at his injured paw, I missed the oil slick ahead. Ouch. 2 seconds later, I felt like 40,000 monkeys stabbed me in the back and lungs, after hitting pavement, Superman-style.
Blogging is similar. You will be punished if you take your eyes off of the proven, straight and narrow road of blogging fundamentals. One such fundamental is knowing YOU, not your blog, and not your content, makes money. Sometimes, we say blogs or content makes money because we speak in casual terms to help people see importance in creating and connecting. But getting clear, and helping you understand this simple concept, behooves me to stress how your generous practice, your creations and your connections make you money through your blog. Never, ever is it the other way around because blogs are inanimate objects. Content is an inanimate object too; it cannot do anything, or be anything,
You are the one, the blogger, the being, that puts everything into motion. This involves your generous effort, your willingness to learn a skill and your daily practice, creating and connecting for years, to make your content pop. Sure I sell stuff THROUGH my content but it was me, and my generous effort, and not the content itself, that did the selling. The content is not anything. Content cannot do anything. Content is worthless unless bloggers inject worth into it; see what I mean? The blogger makes it pop, or, makes content a dud, and that pop-dud outcome bases itself solely on a blogger’s generous effort and full commitment to learning their craft, day after day, for years of their lives.
You can and will succeed. You can do it. Really. But you need to understand how you are the center of it all. Everything moves according to your focus, practice and generosity. Content is a tool; like a hammer, if by itself, totally useless. Hammers need humans to work, and hammers need skilled carpenters to really sing. Content needs skilled, generous bloggers to make it sing, too, and the skills increase as your focus and generous practice, and service, increases.
Does blog content make you money? Nope, not at all. Put in the time and energy to helping folks for free. Improve your skills. Increase your exposure. In time, slowly add multiple streams of income to your blogging campaign. Allow cash to flow to you as people see you in all types of spots, making a serious impact where you show up, because of your blogging skills. Everything gets easier if you commit 100% to honing your skills blogging-wise because the content genuinely sings when you get the job done, with your prodigious, polished blogging skills.
Content makes zero dollars.
You, through your practice and generous service, develop the skills through which you make your content top notch. Profits follow.
Why Do You Want to Publish an eBook?
One subsection of my eBook on writing eBooks is:
Know Why You Want to Publish an eBook
Knowing why gives you clarity if you write to free yourself and to free your readers. But if you write just to make money or to be well know, clarity lessons. Fear invades your mind because you write mainly to get, not to give. Shifting from fear to fun intent-wise just takes a little decision on your part. Small potatoes really. But this shift does feel a bit uncomfortable if you are new to the eBook writing process because you need to face fears. Who wants to face fear? Nobody, really.
But facing fear is one tax to pay for being successful in blogging and life. Ditto for your self-publishing journey. I largely faced fears to be who I am today, although I keep uncovering fears along the way. Part of the journey. I am cool with that. I had to ask why I wanted to publish an eBook about 4 years ago when I went on a tear, but even before, in 2014, I asked why I published an eBook in the first place? Simple. I created a new blog and brand in Blogging From Paradise and just believed having an accompanying eBook would help me be successful. I only had one eBook in mind. I never thought beyond the single eBook. But someone told me I deserved to write another eBook so after my first, I wrote and self-published a second eBook. I caught the writing bug.
100 plus eBooks later, here I am, writing eBooks for years, and now, promoting the eBooks effectively. The why, the emotion I chose in writing eBooks, propels me forward because I do what I do to have fun, to spread love and to help you, largely. One small part of me wants to make money online too. This is OK. As long as it is a small part of what you do, eBook-wise. Moving that money aspect mostly to the side gives me the energy to keep writing and to keep promoting, should I choose to write another eBook. Now I am all about promoting those suckers.
Why did you consider writing and shipping an eBook? Be honest with yourself. Think through your driver. Money? Fame? Sweet passive income stream? Each primary driver saps your energy because money, fame and passive income flow to you years or minimum, months, after publishing your eBook. What do you do during that zero dollar time? Money drives you, but you see no money. Since you lose your motivator, you quit. This is why so many authors fade into obscurity. Poor driver. Sell 3 eBooks, get flustered because you made $4.35 over 6 months, and quit, because money drove you but you made no money. On the flip side, bloggers and authors who choose a fun, freeing intent promote and write every day for their online career because the work is the reward. All else feels like a bonus, gravy, extra, or icing on the cake….including money.
Be straight with your eBook driver. Do not bother writing an eBook if you mainly want money because you quit and fail when money does not arrive. Even in rare cases if you make money pretty fast, you lose your heart and feel bad reaching money goals because we are mainly designed to have fun and help people, not to make money.
Do You Believe You Deserve Blogging Success?
My friend Alonzo Pichardo sent me an interview recently.
Pay close attention guys; one concept behind the video can be destroying your blogging success. Sure killed my career, for years.
Boxing legend Evander Holyfield went bankrupt, it has been claimed, as of 2012. He lost/spent $530,000,000 USD, 530 million dollars. Allow that idea to sink in. I read how Mike Tyson reportedly went bankrupt after spending/losing over $300,000,000, 300 million dollars. Most of these ideas astound people because we do our best to manage money effectively. I could live 40 life times on 500 million dollars. Anyway, a recent Mike Tyson interview highlighted one reason why he went bankrupt after amassing 300 million. I deeply suspect Evander blew through 500 million largely due to the same mindset. Iron Mike noted how he believed he did not deserve the big bucks. He saw himself as a broke kid from a rough neighborhood who did not deserve money, because he loved fighting for free, and also, clung to the past, keeping the same self image from when he lived in poverty.
If Tyson believed he did not deserve 300 million, the quickest way to get rid of 300 million is to spend like mad and blow the money irresponsibly. Most humans say he is foolish but this is not true; HIS BELIEF SYSTEM ensured he would do everything to get rid of the 300 million he did not deserve…and it became so.
Blogging and Deserving
Do you genuinely believe you deserve $10, or $100, or $100,000 through blogging? Most bloggers do not believe this, so they never make much money. Other bloggers make some money but lose it quickly through poor financial decisions, ensuring that they do NOT keep the money that they believe they do not deserve. Blogging, money or financial conditions have nothing to do with the money woes. The blogger’s belief system concerning money is 100% the root cause behind the problem. Change the deserving issue, and you change the income. Or cling to deserving problems, and keep slamming into blogging financial problems.
I recall not believing I deserved more than 99 cents for an eBook. I slammed into financial issues, sold few eBooks, then decided to face my deserving issues and deep fears concerning money and my self-worth. I eventually rose all my eBook pricing to $6.99, $9.99 and $20. Why? I deserve to sell 7 to 20 dollar eBooks. People buy at these prices – far more than at the dirt cheap prices – because I BELIEVE I deserve to make sales at those prices. Why? I faced deep fears concerning deserving. But if I never faced deserving-fears, I never make the money. Plus I would quickly lose money I made because if I still believed I did not deserve much money, my subconscious mind would find a quick way to lose my money. My belief system creates the experience. Ditto for your belief system; even if your ego does not agree with this point.
Like I say in my eBook:
you may leave your comfort zone if you learn new, scary techniques for monetizing your blog effectively. One scary and uncomfortable tactic involves observing your money limiting beliefs in the light of truth. If you do not believe you deserve money, you never make money or you make money and lose it incredibly quickly. Belief created the experience. You believing you do not deserve money creates the experience. Clear the fears, release deserving issues and money will flow to you more easily. Plus you will keep the money, too. Pure win-win, if you ask me.
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