I assume the first thing that came to mind when you read this post’s title was “clickbait”, the lemon-squeezer of clicks.
But here you have it, you are reading the very words in this post which I have written for you 🙂
If you’re anything like me, you were probably thinking the content of this post would most probably be nonsense when you decided to click on it, yet there was a tiny hopeful voice thinking you might just find out the “secret” this time. The very same secret most people are after –
What it takes to earn a lot of money.
If you think you will find a magic solution between the lines of this post, a quick easy way to earn bundles – I’m sorry to disappoint you but you couldn’t be more wrong. This is not that kind of post. If that’s what you’re looking for, a quick google search will link you to hundreds of articles with speedy magical solutions that will most likely not work for you (nor for anyone else, for that matter).
To be honest I had no intention of writing any post on this subject.
The subject didn’t feel important enough for me to swing back into consciousness. The truth is it feels quite exhausting and slightly fishy. But in recent years, since my brand “Hedonistit” has become more successful, I receive more and more inquiries about how to succeed as a digital entrepreneur, especially in regards to the financial aspect.
Whether in a private consultation, email, or Instagram messaging – it seems that what interests people most is to know more about the business strategy and tools that have led my business to where it is today. From a girl always in between jobs, I started a small business that grew, against all odds, in the most isolated city in Israel, I can say that today I am the owner of a very successful and profitable business.
One of the most frequently asked question in consultations is-
“So how can I actually begin earning money from my blog? How do you create collaborations?”
Legitimate question, don’t you think?
The problem is that this question most often comes from people who don’t have a blog or business yet, and they’re expecting some easy trick that will transform their (non-existing) blog overnight into a money-making machine.
Sounds a little less legitimate, doesn’t it?
But this question, in any shape or form (not only concerning blogging), is a lot less common than you think.
Truthfully, you may have clicked on this post since this question has popped into your head more than once or twice.
The reason why I chose to write this post is not to give over strategies or other made-up solutions that simply sound good. In fact, my goal is to provide you with food for thought, hoping it can influence your mindset and essentially change your life for the better.
So, as I mentioned in this post’s title – there’s only one thing to be done in order to earn a lot of money.
(And no, I am not referring to robbing a bank or winning the lottery).
In order to earn a lot of money, you need to invest.
This may come off as obvious to you, but do read on…
What does invest really mean?
According to Cambridge Dictionary, to put money, effort, time, etc. into something to make a profit or get an advantage, or:
to put money or effort into something to make a profit or achieve a result.
So first thing’s first, it is not a magic trick, it does not happen immediately, rather it is built over time. Second, it involves effort.
You know those dream jobs that promise you'll be earning money in your sleep? Well, I’m not saying that’s total nonsense – many of them actually do keep their promise, I myself earn money while I sleep, but don’t kid yourself – this achievement is reached after much effort.
Investment (Time + Money) = Financial Gain
As you can see, investment comes in two forms:
1. Financial investment
Investing a sum of money in order to make it larger in the future. This type of investment is most common, for example – investing in real estate, in the stock market, an independent blog, digital or non-digital courses, hiring an employee, etc. In this kind of investment, money is used as leverage that helps us reach a certain result faster. Of course the more money you have to invest, if you work according to a well-thought-out plan, your financial capital can be increased at a faster pace. This can also be done in a minimal amount of time because of the simple fact that you can pay someone to get all of the hard work done. This is actually one of the reasons why the rich keep getting richer.
So how does one who is not a descendant of the Rothschild family become wealthy?
You’ll need to wisely choose the things that are worth investing in. These things can serve as a springboard to get forward and as tools for the sake of developing your own business – meaning smart investment as leverage. The rest of the things that you cannot invest actual money in you’ll have to fill in by investing your time.
2. Time investment –
Here is where I hit your sensitive spot – your time.
‘I have no time’ is the most commonly overused excuse, and the funny thing is that in almost 99% of all cases, time is by no means the source of the problem.
If you have time to binge on Netflix, get your mani-pedi done, sleep late on the weekends – that doesn’t mean you have no time, it just means those things are prioritized higher than other “less fun” things to do.
The truth is almost everyone wants to make some sort of change in their life, but almost no one wants to do the work. Lots of people want to change, and try to tap into it, but they’re not willing to seriously commit. This applies to many areas in life – weight, love, education, and especially the subject we’re talking about here… people always say “I want to make a lot of money”, but the idea goes no further. They’re not willing to take the necessary steps in order to turn their wish into reality. They haven’t changed their mindset in order to commit and stick to the task.
Tony Robbins once mentioned in one of his lectures that our lives are not the product of how we partially spend our time, rather it is made up of the things we do on a constant, regular basis. Nearly all of our wins and losses in life are not the product of a one-time event, nor something that occurs overnight. Often it is about the minor decisions and small steps taken throughout our life.
I couldn’t have said it better myself…
The trouble is that most people have no patience, they want it all, now. They wish for it to be achieved through minimum time and effort – and if possible while sipping a mojito on some faraway exotic beach – even better.
People tend to give up and jump to the next thing iff the result is not immediate, or if there have been failures along the way. The problem is, it is unrealistic to think that the next thing will come with no difficulty, failure, or challenge. If you wish to earn more profit and improve your life you have to understand the process. A process that entails much effort, deliberation, fears, and failures, but also many moments of clarity and realization, power, pride, and success.
So how did I go from switching jobs as if they were socks during a relocation in Eilat, to starting a tiny business that grew against all odds in the most isolated city in Israel, to being the owner of a successful and profitable business?
I invested a lot then and still do 🙂
At first, I invested much of my time. As you can imagine, I was fresh out of university and found myself living in Eilat with not much money, so I had to be careful about how and where I invest financially.
With time, my investment of time paid off, because thanks to that I was able to earn more and more money from the business I built – So I got to the point where I also had a lot more opportunities to invest money back into the business.
Today I invest lots of time, and money, in my business. I am constantly aspiring to develop it and reach new peaks.
So what would I like you to take from this post?
So what would I like you to take from this post?
I hope you can embrace the mindset that anyone can succeed, earn money, and advance in life. It’s all about perception and making a decision. If you have the desire and initiative, and you’re not afraid to invest time and even fail at times, you can totally do it.
Remember – everything in life is a matter of priorities and decision making. You can live a lifetime of well-being and be a thriving entrepreneur, it's up to you.
Don’t seek out quick fixes because they don’t exist. Avoid wasting your time looking for unrealistic short cuts, and start thinking about what you can do to improve your quality of life and how to bring it into being.
Do you feel like you’re investing enough to turn your initiative into a success and establish yourself financially?
Or, do you mostly feel as if you’ve wasted your time looking for quick fixes?
What kind of changes are you planning on doing on your way to success?
Leave me a comment below ♥️