I recently read a story about some advice that Billionaire H.L. Hunt shared with some of the people around him, and it's very instructive to take note of if you are trying to succeed with your online business. Bunker was born into a farming community, he worked hard for many years, but eventually ended up bankrupt. But after learning how business worked and applying the two things you are about to learn, he became extremely wealthy. His advice for anybody who feels like their life isn't as they would like it to be is amazingly simple. And sometimes it can be very difficult to apply at the same time.
by RockyTapscott


I recently read a story about some advice that Billionaire H.L. Hunt shared with some of the people around him, and it's very instructive to take note of if you are trying to succeed with your online business. Bunker was born into a farming community, he worked hard for many years, but eventually ended up bankrupt. But after learning how business worked and applying the two things you are about to learn, he became extremely wealthy. His advice for anybody who feels like their life isn't as they would like it to be is amazingly simple. And sometimes it can be very difficult to apply at the same time.

His advice?

1) Put the goals you want to achieve in writing

2) Pay in advance

Your brain responds best to written commands. When you write down the things you want to achieve, whether your goals are for today, next week or 5 years from now, somehow your brain picks up the vibes and goes to work on helping you accomplish them. You've no doubt seen this for yourself. When you set up your day in your diary and plan your tasks and objectives, you tend to accomplish a lot more than on days where you just coast along without any sort of written plan to follow. Writing down your goals is absolutely crucial to your long term success.

I guess it stands to reason. The vast majority of the world's population never really get around to writing their goals down on paper. And as we know, the majority of the worlds population is stoney broke, even people who live in the so called 'wealthy' countries where opportunities exist everywhere. These days, making it should be relatively 'easy' in most parts of the world, and yet for most people it's not.

Many people don't write their goals down, they simple set them in their heads and think that this will be enough. But a goal in your head is like an idea that comes and then is quickly gone. Don't risk leaving this critical task to chance. Committing your goals to paper and reviewing them regularly ensures that they will be at the top of your thoughts as you go through your day. But written goals are only half the story, as Bunker said, you also have to pay in advance.

What do I mean by paying in advance?

You've most likely seen a farmer carefully planting a crop. He can never be certain his crop will actually grow to maturity, or if he will receive enough rain, or if a plague of locusts, a fire, or some other disaster will destroy his hard work. He has hardly any control over the price he will receive when he takes his produce to market. And yet he takes the chance and pays for his seed in advance. And when that seed grows to maturity, he takes the results of his hard work to market and is rewarded because he paid for his seed and did the work that had to be done in advance.

As online business owners, we need to do the same thing as out farmer. Building a successful online business comes with a price. You have to pay in advance. You have to be studying, learning and investing in your education all the time, to become what you want to be in the future. There's simply no way around it, you have to learn before you can earn :-). When you pay in advance, another important thing happens. You are motivated to get things done because you've invested in yourself and you want to see the results from your investment. Bottom line? These two simple factors can make the difference between success and failure...

1) Put your life's goals in writing

2) Pay In Advance

I know from personal experience that this works. I never used to write down my goals, I always just 'knew' what they were. And I never got anywhere. An old friend, let's call him David, has always set comprehensive, written goals in every area of his life, but particularly in the financial area. He lived through the hard times, studied everything he could, found a mentor and learned some more... and he became a millionaire several times over...

Now I have a set of written goals that guide me every day.

And when I see people who won't invest in tools and information to move forward and grow their businesses, and when I hear them complain that they have to spend money on their education. Or when they tell me how expensive things are and how they 'can't justify it', then I know in my heart that unfortunately those people will really struggle to have a profitable online business. Information gives us the chance to keep moving forward in our lives. It's that simple. I've invested heavily in information products over the last 6 years (often when I couldn't really afford it) and like the farmer, it pays be back every day.

I can only give you the advice based on my own knowledge and what I've seen others do. And I'll tell you this. Write down your goals and pay in advance. Learn what you have to. Pay the price now, and you'll be rewarded in ways you can't even imagine at the moment.

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