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View Full Version : I'm Stupid, You're Smart...


rimam1
03-17-2008, 10:11 PM
So I've had my fair share of entrepreneurial blunders. You name it I've tried it:

*multi-level marketing (pre paid legal)
*mystery shopping
*creative real estate investing

I've been a complete failure. I kept jumping at the next thing that people were talking about until I came to a realization...Everything in life takes hard, smart work. Just because other are saying they're making money doesn't mean that you automatically will. In most cases, they're making money because they got in before the market got saturated and copy-cats jumped onboard. These people know that there are no shortcuts and they expected to be met with much resistance. I read about people trying to increase traffic to their blog, but every successful blogger will tell you that no matter what technique, hack, or trick you use, there's no substitute for providing consistently good material.

With that in mind, I have a much more realistic (and resilient) attitude towards my muse. I currently have an offshore software development business that I started in college. I didn't do much with it during my "get rich quick" mentality, but have dedicated myself to it and the results have been great.

Since I'm stupid, and most of you are smart, I'm interested in knowing what obstacles and roadblocks you encountered when starting your muse. I'm sure money didn't fall in your lap from the sky. I'm interested in your challenges, and how you overcame them. What did you have to go through before you finally turned the corner and built a profitable muse?

Raza Imam
http://SoftwareSweatshop.com

coollikeme
03-17-2008, 10:28 PM
This story may help you, never give up stay focused.
I always had this desire to be a broker, mainly of the stock market variety. I started noticing ads for Forex all over the place. So my wife and I went to a Forex seminar to check it out. I loved it; it was something I thought I could do. The program was 3000 dollars to join, and we did not have the money to join. We could not afford it. I was upset, we were always broke!! That was one of the reasons why I was ready to try something new. "My wife said there is got to be a cheaper way to learn about investing in the forex". We decided we were going read, and do everything on your own.

So after a year of reading, and going on the Internet and learning what we can. We finally saved up 700 dollars and we were ready to go. We established a forex account, and the trading began. It was great knowing we could get up every morning having a chance at making some money. The first day we tried it; we made $51.14. "Yah baby" trading was on. Day 2 we made $23.62, it seemed all are hard work paid off. Then reality set in. We lost a lot after that, and in about 6 months we lost the 700 dollars we put in. This is where a lot of the books we read help us.

We were obviously pissed off!! But even in losing money we were learning from are mistakes, and knew we needed to learn more. So with in another year we managed to save more money, and do more studying in that time. Now we took on the challenge of doing not only Forex, but also the stock market to. We have a trading account for each. We are doing a lot better at trading now. Some day we will be doing this full-time. Glad we did not give up. Lots of times I read blogs about whatever business you are trying to run people, just give up. Don't give up!! If something does not work try something different, and be a little patient. Just never give up. I lost 700 dollars 3 years ago, now my account is up to
$3120.52 on my way to millions. I can't say it enough. Don't give up.

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