How long would you give yourself to be successful?
I saw this question posted on the Wealthy Affiliate blog and wanted to write an article about success and timing.
How Long Would You Give Yourself To Be Successful? –
What is Success?
I started thinking about what would constitute “success” in my eyes.
Would it be making a lot of money?
Is it being respected as being at the top of my field?
Is it learning something new?
I like to do all of those things. What about when you build something that is amazingly fulfilling but has no commercial success? (I have done a lot of those.)
Is that a success or a failure?
Did it prepare you for the next creative effort that might ultimately be a success?
When I was creating entertainment productions, I got better the more and more I did it. Looking back, I realize my earlier efforts were a train wreck and how much I have improved. I needed those train wrecks to learn what audiences wanted to see and how to motivate crowds of spectators.
My first software app crashed on the first day, and was a considerable embarrassment. I look back at the user interface and ask myself what I was thinking. Now, I have a much better handle on software development and processes I would never have had if my first app wasn’t an unmitigated disaster.
Success is personal. It is what you believe. It is the first step you take in physical therapy after an accident; it is learning how to conjugate a verb in a different language for the first time or taking the leap to do something new.
How Long Would You Give Yourself To Be Successful? – Why the time limit?
Also, why the a time limit? I know that time is your most valuable resource, and everyone’s time decreases each day, but we don’t know exactly how much time we have.
From the examples above, if you wanted to walk again, would you quit after one day? Two days? How long would you give yourself to be successful?
If you want to do something, the time it takes should not matter at all. You want to do it. Adding a time limit adds a layer of stress and pressure on yourself that is entirely manufactured.
If you want to start your own business and it is not making money yet, work a side job (or a full-time job) until your business gets off the ground. If you want to be your own boss, be your own boss.
You are already your own boss in the enterprise of you – expand a bit into different enterprises.
The Psychology of “Get Rich Quick Schemes”
Why ask the question: “How Long would you give yourself to be successful?”?
I read a lot of the comments and saw that “success” was primarily equated with earning a lot of money quickly. There was a bill due or some other necessity for making money quickly, which was the reason for the time limit. This business endeavor needs to produce money speedily, or it is not worth doing.
Preying on this mentality is the basis of all “get-rich-quick” schemes, from buying the hot stock tip to the latest “make-money-for-doing-nothing” business. It is not sexy when someone says that it took 20 years of working 16 hours a day, losing money, and taking tremendous risks all along the way to make your first million.
It takes a lot of grit and mental toughness to keep plugging away when everyone tells you you will fail.
It is human nature to want a shortcut, whether it be making money, losing weight, or learning a new skill. Resist that temptation. Success doesn’t happen overnight.
Take a look at the lottery. You can make millions overnight if you win, but the odds are astronomical against you winning.
Look at who plays the lottery. Are they successful? Does Warren Buffett buy lottery tickets?
I touched on the psychology behind “get-rich-quick schemes” in my article “Run away from people marketing with Porsches.” Part of marketing is creating an image of what product “X” can do for you and connecting success to the product being marketed.
You are trying to create a powerful “IF – THEN” logic chain in the prospect’s mind.
Here are some examples:
IF you borrow $200,000 for a college degree, THEN you will get a great job.
Nope. We can see the college and university marketing departments working overtime on that one. There are a lot of people with undergraduate, master’s, and doctoral degrees that don’t even work in their fields and cannot repay the debt they have taken on for their education.
IF you wear this type of shoe, THEN you can be an NBA star.
An incredible stretch, but shoe marketing companies have been able to sell this to the public. They have even made it go further into the belief that you can also emulate the NBA star’s lifestyle by buying other things (like headphones, cars, fashion). It becomes the basis of what I call a “lifestyle fantasy” that enables you to sell virtually anything to the prospect. (The premise of the “influencer” concept.)
IF you buy this course, THEN you will make millions.
You see these all of the time. The commercials usually contain a private plane, Lamborghini, or a giant mansion in the background. Using luxury items in ads is done to subconsciously create that IF – THEN connection. IF you purchase this “buy real estate with no money down” course, THEN you will be successful (by getting the plane, Lamborghini, and mansion).
Oh, there are typically a lot of bikini models in the commercials as well, so you get them too.
When you think about it, all of these marketing ploys are fake.
BUT they WORK.
Ignore the marketing – what is reality?
Ignore the marketing aimed at separating you from your money. Look for the actual value.
What education do you need for what you want to do? Is there a paid internship? I have found that I learn faster when I am dropped into the fire and have to produce. I’ve also found that what you do in your profession is not necessarily what you learn in school.
I have a degree in Psychology from a top university in the US, and I ended up producing entertainment. Not even close to what my $100,000 degree is.
I used what I learned in Psychology and employed that in my profession, but I didn’t become a psychologist (unless you count motivating performers to get over their fears and go on stage).
What about the $300 tennis shoes? Do they make you jump higher? Are you in a profession where you need to jump higher? Do they last longer than the 1-year that athletic shoes typically last? Is the price justified, or is it a marketing ploy?
The last example, the value of a “no money down” real estate business course, is most applicable in our instance, in that we evaluate the tools and business models on Levered Income.
What are they selling?
They are selling a “shortcut” of dubious value. Ask yourself if you know what you are doing.
How much do you know about real estate? (Probably nothing, if you are interested in the advertisement.)
Are there any free sources of information? (Yes – all over the internet. See articles on this website about real estate crowdfunding, REITs, and making money with rental property.)
What skills are you bringing to the table? (If you’re bringing limited or no skills, why would a property owner finance your purchase of their building, or why would a lender lend you money for 100% of the purchase?)
Part of being resistant to these types of pitches is knowing yourself.
So, how long would you give yourself to be successful?
I don’t like this question, and I think it ventures down the path of a poor mindset. You are applying several levers against yourself, and it will lead to frustration, self-doubt, and failure. Time will always work against you, and you will still perceive people who are “more successful” than you (even if that perception is inaccurate).
If you need money now, the quickest and safest way to achieve this goal is to get a job that pays you a salary or hourly. That has nothing to do with success. You need money now. Get it.
How long would you give yourself to be successful? I try to be successful every day. I try to learn something new each day, focused on the direction I want to go and what I want to do.
- Did I get a new perspective on something from my wife during morning coffee?
- Was I able to learn something new while coding a new website?
- Did I learn a different way to analyze a stock investment?
- Did I find a quicker way to break down the profitability of a direct real estate investment?
- Was I able to implement what I learned or use any of the new perspectives gained?
- Did I help anyone today?
As I said earlier, the definition of “success” is a personal thing. It can be money, free time, health, relationships, family, saving an animal in need – virtually anything you can imagine—no need for a time limit.
That definition changes over time, depending on a person’s needs or wants, self-understanding, and maturity. A successful day for one person might be making $1,000 using a new trading algorithm, or for another person, it could be rescuing a cat.
“Success” is rooted in an understanding of self. I learn something new about myself every day and try to be a little better every day.
If I had to answer the question of “how long would you give yourself to be successful,” I would say my entire life.
So, how long would you give yourself to be successful?
Thanks for sharing this article, I’m starting my business and it requires a lot of time, I have to do many things and I also have a job that allows me to get the money to put in my business. When it comes to time I feel too much pressure from friends, family and sometimes it makes me lose faith in what I’m doing, but after reading your article I feel like I’m going in the right direction.
Thanks for reading and the comment.
One of the hardest things about starting your first business is the act of going out on your own. There will always be people that doubt you (including yourself!), but if you believe in yourself and persevere, you can make it happen. Good luck!
I don’t believe in “get rich quick” whether a scheme or a scam business. I just like a business I can apply my skills to it. I prefer buying and selling.
I agree. There is no such thing as a “get rich quick” business. If you like buying and selling, there are tremendous opportunities in online businesses. For example, people have created big businesses in buying items in swap meets, flea markets, or on liquidation websites and then selling them through eBay.
You don’t even need to make a website – just open an eBay account!
Being successful means you are eager to try new things. I really admire those persons who will gamble just to be successful.
I agree that a step to success is the ability to try new things, however, I don’t think it is a gamble. It is more of a gamble to work one job and have one single income stream that can be cut off at any time. A job is great, but use that time to create backup income streams and protect your future.
The definition of “success” is indeed a personal thing, we all want to be successful. Those who have achieved great success are those who have clearly understood what success means to themselves, it is not just about money, fame, power, education, relationships, and a thousand other things.
Agreed – once you realize that, you remove a lot of unwanted pressure in your life.Thanks for reading.
I always run away from the get rich quick scheme. But our success depends on our effort to be successful in life. This article has said it all with its complete contents. Thanks for sharing this post.
Thanks for reading and taking the time to comment!
Success is a personal thing in my opinion, and no one should use another person standard of success to determine their’s. Moreover, there is no set time for success.
Thanks for reading and taking the time to comment!
I think success means different things for different people. For some people it could be financial freedom, for others it could be the feeling of contentment they get from having touched other people’s lives.
Success is a personal experience and defined by you, not others. Letting someone else impress on you what “success” is, is the road to unhappiness. Thanks for the comment.
I really like that IF…THEN twist you put on the article. Written like a true programmer haha!
Ha! Thanks for the comment!
We should all avoid get rich quick schemes like a plagues. I can confirm from experience that it never ends well.
There are whole industries built on separating you from your money. If you really believe that there is no such thing as purchasing or investing in a “get rich quick” scheme, you will always dig deeper into the “opportunity” until you find the truth.
Attaching a time limit to your success can be extremely helpful. It helps you stay focused and not lose sight of the end goal.
The concept of “success” is that it is a life goal – one that continues until you die. It is the journey, not the destination.
I put time limits on individual productivity goals to get things done, but not on far-reaching, self-defined concepts like “success.”
For example, what if you say that “I will be a success if I have a $1,000,000 in the bank.” How do you get there? What are you going to do once you have the money in the bank? Does a bunch of paper (or number of zeroes on a statement) define you?
Is “success” a life goal of self-discovery or a thing (car, house, money)? You mentioned not losing sight of your “end goal.”
What is the “end goal?”
I was feeling rather disillusioned before reading this. Thanks for sparking some motivation in me. I want to get up right now and pursue my success!!!!
Good luck Daphne and thanks for reading!
Your story about having failed multiple times when you started making apps is so touching. I’m at a similar place right now and I sure hope things look up.
Thanks for the comment Teddy – just keep going! It gets better and you get better!
It’s very true that humans by nature prefer shortcuts to get what they want. Getting rid of the shortcut mentality is the first step to success.
Absolutely. It is just difficult for people to stop believing in something that they so wish to be true (easy money). It is not easy. If it was easy, everyone would do it.
Your articles have a way of imparting some vital life skills whenever I read them and this is no exception. I do look forward to even more great content from you.
Thanks for the kind words Chantel.
I have found that setting small goals and doing all you can to achieve them helps a lot. Before you know it you’ll be close to achieving your wildest dreams with those small daily successes.
Agreed – it is always easier to break up a huge goal into much smaller goals that eventually get you where you want to go.
This has made me rethink my whole understanding of what success is. I am happy to have read it 🙂
Glad you like the article and thanks for the comment.
I always try to look at how people I consider successful live their lives. It has always been a big source of motivation for me.
They say that smart people learn from their own mistakes and geniuses learn from other people’s mistakes – great way of looking at the positive converse and learning from someone else’s success Sylvia!
After reading this, it made me realize that I need to start towards my success. This is definitely an eye opener. I’ve given myself enough time and I am now going to start. Thank you for making this amazing article!
It may seem daunting to start, but if you break it up into small pieces it won’t seem like a mountain in front of you. Also, if you view failures along the way (don’t worry we all have them) as learning opportunities to get better, it will help you with the self-doubt that comes along with trying something new.
Try to change the typical “mistake mindset” ingrained in us all from being a negative to a positive.