What is your Wealthy Affiliate Mindset?

Starting online business. What mindset do you have?

90-95% of people who start an online business give up within 12 months. I have seen this quoted time and time again. Is it true? How can that be possible? Is an online business just another job?

Wealthy Affiliate says?

Wealthy Affiliate tells us that one in 8 starter members become premium and start on their online journey. When you look at this it means that 12.5% of people move forward and 87.5% don’t.

Many of these people will be people wanting to build an online business but are unsure and often think that they will find some easy way to do it. Of course, there are some who join just to see what we are about and then choose to move in a different direction.

I was reading a blog of an ambassador who said that he got 300 starter members, and 27 joined as premium. This seems to follow the same pattern.

Of the 12.5% who do move forward, we often see that some people feel the need to leave and either try their hand at doing things on their own with cheaper hosting or feel that they have learned everything that they can from the Wealthy Affiliate training.

Other ways to make money online

There are other ways to make money online without Wealthy Affiliate like selling goods through Amazon, writing books and having Shopify stores. Wealthy affiliate can’t cover everyone’s requirements.

My WA journey

I joined Wealthy Affiliate 2 years ago this month and I am still finding new information. I just keep looking. I admit that I do follow a few YouTube channels to get some added input, but as most channels are all about selling their own product, I do just look for different view points rather than a different education.

Every so often, I see a member who leaves this community, which saddens me because they are one of the 12.5 % who began their journey and will probably not become one of the 5-10% who do make it.

Many of these people leave because they don’t have the funds to safely host their websites or even continue their training elsewhere. I have personally been the victim of a highjacked website, so I do know the risk of not have a quality hosting.

Money means different things to different people. Expenditure or investment.

I was told by someone that I didn’t understand that people had bills to pay and just couldn’t afford the membership fee. As someone who lives way below the poverty line, this is certainly not the case. I simply prioritize my spending.

I rarely spend money on takeaways, I cook from scratch and probably have gone to the movies a half a dozen times in the past ten years – without drinks and popcorn. I am careful of my expenses and ensure I have the funds to continue.

I recently cancelled my husbands’ and my own life insurance and put my health insurance on hold for 6 months, but I paid my Wealthy Affiliate annual fee. This is how important my Wealthy Affiliate membership is to me. It is my investment in my future.

An ongoing adventure.

Over the past couple of months, I have been working on posts and plans for my blogs and started to work through the Super Affiliate challenge from last year. I did not apply this year because I know I won’t have good internet access all the time and could not make a weekly commitment. I was pleased to see that I was able to access the information on this year’s challenge anyway. Thanks Kyle.

I have been handwriting posts and concentrating on learning and writing. I have about 30 posts in draft format ready to update and publish. This has meant that I have not been able to spend a lot of time within the community.

I have been working on social media marketing plans to build and grow so that I can direct followers to my blogs as they improve. Many of my content ideas have come from reading blogs from within Wealthy Affiliate past and present.

I hope I will become of the 5-10% who are successful.

What about you? What are you prepared to do to make it to the top?

Next time you pay your Wealthy Affiliate membership fee, ask yourself – Do I see this an expense or an investment in my future? If it is the latter, are you taking some action everyday to increase your investment potential?

Could a change in mindset make a difference to your future?