Business

5 Important Laws of Online Wealth Building

Masters of Money LLC One Day I Want To Say I Made It Picture Quote

When the internet first started, few could ever imagine how far reaching its effects will be more than a decade down the line. It’s a fact of life now that the internet will continue to change virtually every aspect of our everyday life. As the world’s internet population keeps expanding, so does the opportunities for entrepreneurs and ordinary folk looking to escape the rat race of a 9 to 5 job.

Online wealth building is for everyone. The sheer amount of opportunities presented online enables anybody to start building wealth online. There are just so many areas to explore and regardless of your level of talent, skill or interest, you will find something that suits you. Someone once said that you can turn any passion into profit online and this is truer now than ever before. It seems like the biggest problem is not in finding a suitable program, but rather in not getting distracted by all the various options that we get bombarded with. Every single day new opportunities open up and it’s our natural tendency to get in on the action. Online wealth building however relies on focus and having the discipline to not get distracted.

If you are committed to building your wealth online, it holds many obvious advantages. The freedom to work on your own clock and answering only to yourself are the main reasons why so many make the shift from the office to the spare room at home. Many online wealth building programs create false illusions that leave many aspiring newbies out in the cold after investing their valuable time and money. The internet is a tough world when it comes to making a living, but then again so is it out there in the real world. Don’t expect an easy ride, but don’t be put off either. There are just so many opportunities online that you are bound to find your place sooner rather than later.

I would like to offer you what I consider to be the five laws of online wealth building, that can help you greatly towards creating long term success online. I would encourage you to use these laws to evaluate potential opportunities or just to evaluate your current position.

1. The Law of Excellence

Things tend to move really fast online. It is critical that you commit yourself to excellence and to always keep learning and improving. If you don’t you will most certainly fall behind. Strive for excellence. You can’t keep doing the same things and expect to improve, nor does doing more of what doesn’t work won’t make it work any better.

2. The Law of Quality

I like the term wealth building because it implies that it’s not some instantaneous thing. Quality always gets rewarded long term and although some of the get rich quick schemes online work, they rarely work long term. There is a big difference between making a quick buck and building wealth. Whatever you create online, strive for quality first as this will ensure sustainability in what you do.

3. The Law of Choice

Wealth is a choice. You’ve probably heard this before, but never really understood it completely. Being wealthy starts with a choice and it’s a choice you have to make daily. The internet is responsible for the largest distribution on wealth in history. The power is shifting from the big corporations to the guy (or girl) in his garage with a single laptop. You can choose to be part of this or to keep doing what you’ve always done.

4. The Law of Persistence

When it comes to online wealth building, for some the learning curve will be greater than for others. Regardless of your skill level you will face many challenges and often consider packing it in. This is where persistence and perseverance come in. Realize that you will always meet with much difficulty before you succeed. it’s essential for your personal growth and developing to a level of success.

5. The Law of Value

Whatever you do online, be a team player! I cannot overemphasize that enough. Your wealth and success are directly proportional to the amount of value that you add to other people. If you want to be more successful, just think of how you can add more value to other people’s lives.

Financial success is most certainly obtainable for virtually anybody. There is however a big difference between obtainable success and sustainable success. Just think back at the story of The 3 Little Pigs you want to build your house from brick and make sure that your success is sustainable long term. After all, who wants to quit their day job only to go back after 6 months?

The Most Common Wealth Building Myths – https://www.therealmjtheterrible.com/the-most-common-wealth-building-myths/

Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

About Michael "MJ The Terrible" Johnson

Michael "MJ The Terrible" Johnson, founder of Masters of Money LLC, is a world-famous computer hacker, marketer, entrepreneur, and adventurer. You can say what you want about me but I'm the guy that does the jobs that have to get done. "Don't settle for less than everything you want. Know when to shut up and collect the money. It's better to get paid than be right. Money doesn't buy happiness, but it can afford you the time to find happiness. Without a challenge, you can't rise to anything. Pick your battles. Push your limits. Ask for more. Demand better. Eliminate should from your life by doing. Live a life without regrets, by trying everything that interests you in the least, and don't waste time, because time is the most valuable commodity in life." Michael "MJ The Terrible" Johnson - Founder & Owner - Masters of Money, LLC.
View all posts by Michael "MJ The Terrible" Johnson →

Leave a Reply

Your email address will not be published. Required fields are marked *