stop watching make money online videos

Summary

This video highlights the major issue of getting stuck in the cycle of watching 'make money online' videos instead of taking action. The creator stresses that these videos often serve the creator's profit, not yours, and keep you in a state of analysis paralysis. The key to success is real implementation—picking a business model, such as e-commerce or copywriting, and committing to consistent effort. Success comes from massive action and learning through doing, not endless research. Stop watching and start executing to achieve real results in online business.

Takeaways

• 😀 Stop watching endless 'make money online' videos, as they may be keeping you stuck in a cycle of analysis without action.
• 😀 Many of these videos are created to profit off of you, either through ad revenue or by selling something on the back end.
• 😀 These videos often lead to 'mental masturbation,' where you're constantly researching and analyzing instead of taking real action.
• 😀 All business models, whether it's e-commerce, dropshipping, Amazon, or affiliate marketing, can work, but the key is taking action, not just watching videos.
• 😀 Choosing a business model, like Shopify, is important, but execution is the most crucial factor to your success.
• 😀 Avoid the trap of 'inaction' by overthinking the process and instead focus on doing the work required.
• 😀 Fear of the work ahead is often the real obstacle. Stop procrastinating by consuming content and start executing.
• 😀 The real key to success is volume—whether it's in business or developing a skill like shooting basketballs, the more you do, the better you get.
• 😀 Understanding that making money online isn't easy or quick. Prepare to 'eat a lot of dirt' in the beginning and push through challenges.
• 😀 Pick your vehicle (e.g., e-commerce or copywriting) and execute with relentless volume to get results and stand out.
• 😀 The best way to improve your chances of success is through constant execution and learning by doing, not through passive learning by watching videos.

Q & A

What is the main problem the speaker highlights in the video?

The main problem the speaker highlights is that people waste time watching 'make money online' videos, which leads to analysis paralysis and inaction, preventing them from taking real steps to make money.

Why does the speaker say most 'make money online' videos are not helpful?

Most of these videos are created to profit off viewers, either through ad revenue or by selling something on the back end. They keep viewers stuck in a loop of information gathering without real implementation.

What is the 'Trap of Inaction' the speaker refers to?

The 'Trap of Inaction' is when people keep consuming content and doing research but never take the actual steps required to start a business or make money, thereby staying stuck in the planning phase.

According to the speaker, why are business models like e-commerce, dropshipping, and affiliate marketing not the real issue?

The speaker suggests that all these business models work and have made millionaires, so the real issue isn't the business model, but the mental barriers and lack of execution that prevent success.

What analogy does the speaker use to explain the importance of action over research?

The speaker compares the process of becoming a great shooter in basketball to making money online. He argues that just like Stephen Curry spends countless hours practicing shots rather than just analyzing other shooters, people should focus on taking action and putting in the work instead of just researching.

What mindset does the speaker say people need when starting a business?

The speaker emphasizes that people need to understand that success in business will require hard work and dealing with obstacles from day one. Having the right mindset means accepting the struggle and focusing on execution rather than finding the 'easiest' way to succeed.

How does the speaker suggest people use their time more productively?

The speaker recommends stopping the consumption of endless videos and instead focusing on real implementation and execution. He presents a two-step process: pick a business model and then focus on putting in a lot of work.

What two business models does the speaker suggest as good options for making money online?

The speaker suggests two options: 1) E-commerce with Shopify, and 2) Becoming proficient in copywriting and offering that service to businesses.

What is the key to success according to the speaker?

The key to success is executing a large volume of work. The speaker emphasizes that success comes from putting in the hours and continuously practicing, rather than overthinking and researching endlessly.

What is the speaker's attitude towards watching videos for self-improvement?

The speaker believes watching videos alone won't help people improve or succeed. Instead, he advocates for taking action and implementing the information learned, rather than staying in a state of passive consumption.