What I share most with my offline disciples about how to make the first bucket of gold:
- Change the existing perception and mindset about making money.
- Implement and achieve tangible results in a specific project.
- Maintain personal growth and development.
Expanding on this:
Firstly,
Many people have misconceptions about make money, which is why they struggle to earn it. Just like observing my parents, who have never ventured to big cities, their understanding of the world is extremely limited. Their perception of making money is confined to their own experiences.
In the past, relatives and friends from my hometown often advised me not to spend all my time playing computer games at home, urging me to find a proper job instead. I used to tell my parents that I would be making millions annually by the next year. They would dismiss my aspirations as fantasies, impracticalities, and a lack of focus, as they had worked hard their whole lives, with their savings peaking at a few tens of thousands, never having seen what a million looks like. They tried to educate me based on their understanding of the world and making money, albeit with good intentions, but it didn’t align with the current market environment.
Fortunately, I persevered and achieved many of the ambitious goals I once boasted about.
(I’ve seen many entrepreneurs love to boast. Here, boasting isn’t derogatory; most of the time, we boast first, then work hard to achieve it. Because entrepreneurship is full of endless possibilities, the term “boasting” can be understood from another perspective: maintaining self-confidence.)
Why do people move to big cities? Why do people engage in upward socializing? Why do people continue to learn?
It’s all about making changes, isn’t it?
Secondly,
The Internet is highly developed nowadays, and while there may not be information gaps due to the rapid dissemination of information online, they still exist. Typically, the most optimal information is exchanged offline rather than unearthed online.
Moreover, because there’s an overload of information, many individuals struggle to differentiate between what’s genuine and what’s not, leading to erroneous choices.
Additionally, many people don’t really aim to excel in a project and earn money. Instead…
I call it: seeking opportunities.
Merely seeking opportunities without taking action is equivalent to: seeing but not doing.
I’ve always emphasized that projects themselves are neither good nor bad; what matters is execution, execution, execution.
Because…
Only by executing a project, achieving results, can you understand what it takes to excel in a project, what it should encompass.
Start with Project A and transition continuously to projects that suit you best, cultivating them over the long term.
When you know nothing, it’s basically impossible to find a project that suits you best. Therefore, start with what’s available, then search for better options later.
Over the years, I’ve undertaken many projects, but in terms of suitability or personal interest, there aren’t many. Most of the time, I entered a particular industry because I saw others making a lot of money and having a high success rate in certain projects.
Lastly,
While projects may not be classified as good or bad, they certainly differ in scale.
Different projects bring different experiences and values to individual entrepreneurs.
Therefore, when selecting a project, some filtering mechanisms are still necessary to filter out projects that don’t contribute to personal growth.
For example, projects like idle fish without a source of goods are essentially no different from driving a taxi or delivering food offline. They are suitable for individuals seeking a part-time job or side gig, not for entrepreneurs.
Even after working on such projects for 3 or 5 years, they don’t enhance the individual’s time value. Consequently, it’s challenging to create higher value and income in the future through such projects.
Unless you turn such projects into products and switch to the marketing track, can you generate higher returns.
For individual entrepreneurs, in the early stages of entrepreneurship, personal growth is the key.
(In the online world, the most valuable and closest-to-making-money skill is: generating traffic = creating content.)
For team entrepreneurs, keeping the team afloat is crucial.
Otherwise, when opportunities arise, individuals may not have the capacity to seize them, and the team may dissolve before catching the tailwind.
