Treat Your Business Like Education (If You Want Success)

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Today, I want to discuss an important topic about perspective. We've been conditioned to follow a certain path in life: elementary school, secondary school, and for some, university.

During university, we spend a lot of money on education, anywhere from $40k to $100's of thousands, even up to a million dollars for becoming a doctor. But during this time, we aren't making any revenue from our education, while we are getting educated.

When starting a business, many expect to earn money immediately. I've seen people spend sixty thousand dollars on school with NO JOB and no revenue from their education, and then expect to earn from their business within a month (and sometimes for free).

If they don't, they quit. This logic is flawed.

You spend years in traditional education without earning a cent, but expect quick returns when building a business online. This expectation often comes from bold industry claims like "earn a thousand dollars by next week."

The reality is, the time and effort you put into your business is what you will get out of it.

Key Takeaways:

  1. Education Before Earnings: Just like traditional education, you need to invest time in learning before earning from a business.
  2. Realistic Expectations: Give yourself a realistic timeframe. It might take a year or two to build a successful business.
  3. Investment: A business requires time, effort, and sometimes money. Even a small investment can go a long way.
  4. Vast Opportunities Online: The internet offers vast opportunities with billions of people and millions of products you can promote.

Be realistic about the time and effort required. Sometimes, a small financial investment is necessary. Our starter membership allows you to "test" our platform and tools before making a full commitment.

I’d love to hear your thoughts on this topic. Drop them in the comments below and let’s get the discussion going. :)

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Recent Comments

122

Kyle,

Shoot I totally get the message here! I will tell you my opinion, we are in the age of instant gratification.

My intent is not to offend anyone, but the new generation has this gratification issue, and we are seeing an influx of the new generation. There are unreal expectations of building a lucrative business and the amount of time it takes to earn successfully with it. This is accompanied by a lack of commitment.

I hope this isn't too blunt or offensive.

Stacie



And a lot of luck IMHO. Otherwise I don't see how it can work.

The not-so-ethical players build up the idea that you can start earning money immediately, playing into the instant gratification model. I hate seeing those online ads and how many people will fail with that analogy. People need at least one year before earning money; sometimes, it takes a little longer. But the more you put into it and the more patient you are, the greater your success will be. It does take money to get started and keep it going, but at the same time, it is a field you can enter with minimal investment. There is no real-world business, or brick-and-mortar business, that you can start with so little. But it is going to take money and time to invest first. There is no getting around that.

Great video, Kyle.

Nancy

As a nursing student, finding reliable help for my essays has been a struggle, but these folks really know their stuff. Whether it's discussing healthcare ethics https://www.nursingpaper.com/writers/ or diving into the latest nursing research, they've got it covered. If anyone else is in the same boat as me, struggling to keep up with assignments, I highly recommend giving them a try!

Welcome to Wealthy Affiliate and thanks for the information. College is a baptism by fire, but you can do it so hang in there. And as you will find out no one has to struggle for lack of reliable information on WA. If you need to know something, create a hub about it. The hub will bring the information to you. Then fact check using your university library or online resources like PubMed. Even though it's a little harder than someone doing it all for you. You will get a well written paper and also learn and retain more by doing it this way.

Yes Kyle you are perfectly right. Most of us tend to forget about monies we spent while in school. We are anxious to become millionaire as sooon as we step out of school without setting realistic goals (expectation).
To grow a business from scratch demand strategies commitment and time to get it running.

Yeah, we spend 4 years (or more) and $10,000's on an education, with the expectation to get a normal job. Yet we want $100,000's in passive income in the first year within the online world, without the time or any money investment. It doesn't add up, and for those wanting those numbers to add up, it is unlikely they will every achieve any level of success.

Indeed "t is unlikely they will ever achieve any level of success." I think this is a very crual subject that need to be part of step-by-step training and should be a welcoming address to new comers. This is because we joined WA with certain expection, thinking it can be realised within a short period of time. When this doesn't happen, frustration set in.

I remember after college, there were so many business "gurus" I was seeing sponsored on my Instagram and TikTok. Mind you that these were kids around age 18-20. They were always saying "You can make your first 20k or so in just less than a month if you click here now to learn about this model that set me free!" The unfortunate thing is its just a lie they are saying to people to get them overly excited and then only to realize they have to pay them thousands of dollars just for their course. So it makes me think they are only getting rich from their course or courses, rather than their actual model. I'm saying this, because this is the experience I went through. No, I did not spend my money, but I wish I didn't fall for those lies.

The reality is these gurus NEVER want to explain to anyone about the effort and patience it takes to launch a business. It is quite noticeable. So when you have people fall for the guru scams, they lose all their motivation to continue, because they don't want to go through the effort. They just have this mindset of waiting for money to fall from the sky and into their lap. And that's exactly what most gurus are doing. They are telling people that making money is super fast and super easy. Which I've learned that is simply not the case....

Yeah, that is how it works. Often times you see such programs claiming "instant riches" are built around selling their "thin" program, and to recoup the costs, you see the people that buy into it, doing the same thing to others. Eventually these collapse when people start warning them of the program and when they start to run out of buyers.

In our 18 years online, there isn't a company that still exists from when we started out. That should be pretty telling of the industry, and speak volumes to our approach of constant evolution, and constant improvement.

Money can be made online, and a lot of it. It takes time, it takes effort, it takes persistence, and it takes access to the proper training and tool set...and having access to mentors and support systems certainly help. This is what we strive to provide in the most current, forward thinking manner. :)

Mmmm, Jax, I've experienced the same thing. That's why they call themselves gurus and make a killing from their dependent followers!

As Kyle always says, anything worth doing is worth taking the time to do properly. We are building trust, and it bears no comparison to the get-rich-quick schemes! So, I've turned all the so-called gurus and cash machines off!!

No compromising my values and ethics any more!! 🌺

Totally agree. Unfortunately so many people offer unrealistic advice as you said.
Setting up any business, online or not, takes time and money.
If people just slowed down, did the work etc, they will succeed.
It might also mean thinking outside the square and linking diffểrent businesses together.
But learn and earn and take your time until you get right.
There is a lot more involved than I can say in this brief message, but that will be saved for a blog I think.
Steve

Like you said, slow down, learn before you do, learn while you do, and adjust based on what you have learned. That is business. It is not a linear process, where you get educated, and then get a job.

You are getting educated while you are building your business, and you are creating high value skill sets the entire time. The keys are a proper education, access to help when you need it, efficiency tools, and the ability to put forth the effort, time, and persistence.

That formula works for everyone, when you achieve success is different from one person to the next, but it will happen if you give yourself no other choice.

Thanks for sharing your thoughts here Steve. :)

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