I have created a new and improved version of K Money Mastery which is called, Mastering Book Publishing!

Amazon publishing is one of the most accessible, lucrative and cost-effective ways to make money online.

I had the pleasure of interviewing my brother Andreas, who is a successful Kindle publisher on Amazon. He is going to share with you his online business journey. In particular, how he built a $70,000/month Amazon publishing empire.

Amazon is the world’s biggest online retailer. As of the first quarter of 2016, the e-retailer reported more than 310 million active customer accounts worldwide. With numbers like these, why wouldn’t anyone want to take advantage of the opportunities that this platform provides?

The traditional publishing process is long gone. With the help of the Internet and the rise of e-readers, like Kindle, and Audible, people’s interest in e-books has risen. This has inspired self-published authors to jump in and take advantage of this growing demand.

It's fair to say that self-publishing has changed the author game. If you want to learn how you can build an Amazon publishing empire, this is an interview that you don’t want to miss!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/661333-plm-541-how-he-built-a-70-000-month-amazon-publishing-empire-kindle-createspace-audible.mp3″ background=”default” ]

Do you want my proven step-by-step system for publishing books on Amazon? CLICK HERE to purchase my new and improved Mastering Book Publishing course!

Are you interested in getting coaching from Andreas? CLICK HERE to learn more about how he can help you!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

An Amazon publishing business can change your life forever.

Virtually anyone can become a self-published author and have their book live on Amazon in 48 hours. According to Author Earnings, there were 485,538,000 ebooks sold on Amazon by 20,000 unique publishers. This business is booming, and it’s here to stay. Think about the earning potential.

There is no opportunity out there like Amazon. Their marketplace is massive and it continues to grow on an exponential level, every year, which means that there is no better time than now to take create an Amazon publishing business.

Here is a sneak peek of my interview with Andreas, where I pick his brain on how he built a $70,000/month Amazon publishing empire.

Since the last interview that we did together, can you share with people how your life has changed and how you have been able to grow your Kindle publishing business?

I started my Amazon publishing business back in 2014. I had great success during the first 4 months, making $0 to over $6500 per month, which motivated me to go all-in with this online business model. Over the next year, I continued to experience success and I hit some pretty big numbers. I soon realized what a big opportunity there was to make money on Amazon, so I decided to venture into selling physical products on Amazon.

I continued selling physical products and publishing books on Amazon from 2015-2016. By January of last year, I had established a decent self-publishing portfolio of 700-800 books that was generating $70-80,000 per month in revenue. My physical products were also doing really well. I got my wife got into the business and she was making $60-70,000 per month, so we were making over 6-figures per month in both of our businesses.

In 2017 I started to notice that over the 2 years that I had been selling on Amazon, a lot of changes had occurred, which is why I decided to create my own online business that would allow me to not become so dependent on Amazon as a money-making platform. I wanted to leverage the power of Amazon and create a funnel that would attract traffic and build my own audience. This would allow me to have repeat customers, instead of always looking for new ones, which tends to happen on the Amazon platform.

I started to build relationships with consumers and continued to sell my products on a regular basis. More importantly, I started to upsell my customers from an eBook to a physical product, or whatever other product I had the desire to create; like a series of books or utilizing another platform, like Audible. This was a lot more effective than putting up a product on Amazon and trying to make money from it, month to month.

This led me to building an online brand, which really transformed my online business. Whereas before I was leveraging Amazon’s brand, everything that I create today is focused on my brand. I'm always looking for a way to steal Amazon's customers, but I continue to use their platform as a resource for traffic.

I still believe that Amazon is one of the best ways to learn and grow your business. Today, I have published over 1,100 books, and it was by leveraging the power of Amazon that I was able to make that happen. Eventually, I wanted to challenge myself and see if I could build my own audience and market outside of Amazon. When I started coaching and helping people build their Amazon publishing businesses it made sense for me to evolve and go down this path.

What strategies would you recommend to someone who is just getting started building an Amazon publishing business?

First and foremost, someone has to determine whether or not they have patience because, in the online business world, this is a skill that you need to understand and master. Ask yourself, “Am I someone who wants to see results fast and beat the learning curve, or am I someone that has patience and is willing to take the time to build success?” If it’s the latter, this business is for you.

Conversely, if you are more aggressive in your approach and don’t have patience, seek the help of a coach, a mentor, or a mastermind group who can guide you through the process and teach you a system for how you can skip the learning curve and not become so inefficient in the business. That is a common problem that happens to a lot of people. They do too much at once.

I encourage you to start by publishing a few books and going through the Mastering Book Publishing program because I think that it is the best resource for teaching you the step-by-step process for how you can build a Kindle publishing business. You need to learn the fundamentals of managing a business – everything from mastering the research process to creating and improving a product to engaging with people and getting their feedback on your product to hiring a team and outsourcing.

Keep in mind that, with each book that you create, you won't make large amounts of money right away. It takes time. If you are doing things the right way, then your 2nd book should be better than your 1st, and so on. Sometimes the money doesn't show that, but the quality can.

Most entrepreneurs that enter into the online business world need to understand that the opportunity cost of learning will determine how much money you can make in the long-term. When you get into a business you can't necessarily look at the ROI of how much money you are going to make on your investment, because you are gaining experience, knowledge, and skills.

The Amazon publishing business is great because it doesn’t cost a lot to start, relative to most online business models today, it's easy to learn, and its great for people that only have a few hours every week to start a venture and put a little capital in it. Keep in mind that a business needs nurturing. The more you put into it, the more you are going to get back. That is true for any online business.

The biggest reason why people fail in this business is that people have unrealistic expectations. They want to make $10,000 in 4 months because I did it. But the business has changed. There are a lot more demands, higher expectations in regards to quality, and consumers are spending their money differently than they did 4 years ago. Just because someone achieved a big milestone doesn't necessarily mean that you should set the same goal.

When it comes to building your Amazon publishing business, it's great to have long-term goals, but I encourage you to start with small, realistic goals that will help to build up your confidence and keep the momentum going so that you can keep grinding away and grow your business.

A lot of people are wondering if they can still make money publishing on Amazon. Moving forward, what do you see as the potential to make money publishing on Amazon?

Amazon has gone through a lot of changes. They have started to put a larger emphasis on quality within their platform. They are working really hard at adjusting their algorithm and their site so that people who create books and publish them on their platform have to create quality. For example, if you are doing a keyword search and you type something into the search bar, you will notice that the screen pauses.

What Amazon is doing is redirecting that search into a sub-category for the person’s browsing history. They've taken the 150,000 books that are in there, and they are breaking them down into smaller subcategories, making it easier for consumers to find products because, under the existing search, the algorithm isn't working to find quality.

Amazon is putting pressure on people and making sure that they are doing their due diligence. In doing so, they are making their platform more efficient for consumers. In that process, they are creating a new loophole, so if all good books are starting to show, primarily ones that have large search keywords, then you will find more high-quality books. In whatever business you are in your consumer counts, so if you focus on that, in addition to providing high-quality content, you will do well.

Even though they have made it a bit harder to rank your book organically, I think there is even more opportunity to make money on Amazon for those people who are creating high-quality books. Why? Because once their quality has been recognized, they will have more success over a longer period of time.

When I started in the Amazon publishing business, Amazon wasn’t the leader in eBooks. Today they are the world’s leader. Their strategy has changed. They know everyone goes to Amazon first, so they know that they have to keep their consumers happy.

It’s no longer about volume. Rather, it’s about quality. If you've got a good strategy that involves driving traffic, getting good feedback, engaging with your audience, improving your product, and creating unique content, then you will be successful.

Amazon is a real business now. Before you could get away with putting content online and making money from it, but now every book that is submitted has to be unique. That doesn't mean that it has to be a book that nobody has ever seen. Rather, it has to be a book that produces leads for Amazon. If you have a chapter that is unique, that is something that will get Amazon's attention and they will promote you for it.

Building a business takes hard work and commitment. That's the only reason that I've had success in my business. I worked hard, was patient, committed to learning, and applied myself. Because of that, I was confident that my products would sell. Today, I keep trying to find a new angle so that I can stay one step ahead of everyone else that is publishing and creating products.

Last year was a breakthrough for me because I started focusing on building my brand, which made it easier to engage with an audience and sell the next version of my products. I feel way better about my business today because its a real business.  It doesn't matter what is happening on Amazon because I am creating high-quality products that are generating consistent revenue, and that is how I've stayed ahead of the curve.

What are the keys to success in 2018 and beyond in the Amazon publishing business?

As Amazon keeps evolving into 2018, you need to be better prepared for the changes that will occur. When you learn something, you need to ask yourself, “Is this a short-term trick or a long-term plan?” Invest your time and energy into learning things that will stay with you long-term. There is a lot of white noise out there, and if you are paying attention to it, then you won't be able to grow your online business.

Focus on information that allows you to gain skills that are in alignment with your long-term vision. If you do that, you will groom yourself to develop a mastery mindset. Also, now that Amazon is a real business, you need to know that there will be days when you are grinding. If you aren't grinding, you aren't growing. Until you make it and are able to cash-in from your efforts, you have to be committed to working hard and making sacrifices. I think that Amazon will force entrepreneurs to act this way.

You also need to invest more in your Amazon publishing business. The days of hiring a freelancer on Upwork and getting the lowest dollar offer are over. There are too many entrepreneurs out there that are hungry, motivated, and inspired to create high-quality content. Pay for quality and find the right people to work for you.

Don't be proud because you found the cheapest writer. That's a sign that you are doing something wrong because a lot of people are paying for quality. When it comes to marketing your eBooks, this may mean that you need to invest in Google ads or Facebook ads in order to create visibility.

I know you do a lot of coaching now and help people create 6-figure Amazon publishing businesses. Can you share a little bit more about the coaching that you offer and how people can learn more about it?

I coach a lot of people about the process that I implemented in the first year of building my Amazon publishing business. I also teach people about branding and how they can create multiple revenue streams within a brand, and how to build a physical products business. I also have programs related to investing and real estate, for those who want to diversify and have some extra cash flow.

To anyone that wants to get into the online world, I always recommend that people build their cash flow first, and then look at alternatives to diversify yourself. You can learn more about the coaching programs that I offer, simply check out my website. If you want some more information that you can't find on my website, please don't hesitate to reach out to me on Facebook and I will answer your questions.

If you want to learn how you can build an Amazon publishing empire, I highly recommend that you work with Andreas.

He has truly committed himself to the mastery of this process and has helped a lot of people build successful Amazon publishing businesses. If you've been looking for a way to create true financial freedom for yourself, Amazon publishing is the way to do it.

Do you want my proven step-by-step system for publishing books on Amazon? CLICK HERE to purchase my new and improved Mastering Book Publishing course!

Are you interested in getting coaching from Andreas? CLICK HERE to learn more about how he can help you!

How would your life change if you became a multi-millionaire?

I had the pleasure of interviewing my friend, Matt Clark, who is the co-founder of Amazing.com and the Amazing Selling Machine. Matt is an award-winning entrepreneurial thought leader and multi-millionaire, who built three multi-million dollar online businesses before he reached the age of 25.

Together with co-founder, Jason Katzenback, he dedicates his work to teaching people how to build life-changing businesses, by leveraging the power of Amazon. 

If you have the desire to be an entrepreneur, or want to take your business to the next level, this is an interview that you don't want to miss! Are you ready to learn how you can become a multi-millionaire?

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/658025-plm-538-how-matt-clark-built-amazing-com-to-a-multi-million-dollar-online-business.mp3″ background=”default” ]

Are you ready to learn how to build a profitable online business selling on Amazon? CLICK HERE for instant access to my free training series! 

If you are reading this, chances are that you have the desire to become a multi-millionaire.

With the rise of Internet multi-millionaires, starting an online business has become the new rage, but it takes a special kind of person to create a multi-million dollar online business. If you believed every article that was written about how to become a multi-millionaire, you would think that everyone and their dog was doing it. This is far from true. 

Learning how to build a multi-million dollar online business doesn't happen overnight. It takes grit, hard work, and passion. If you have a get rich quick mentality, you will be doomed for failure. Like every entrepreneurial success story, there is a process that you need to go through in order to create your ultimate dream lifestyle.

You may be wondering, “How do I achieve this kind of success?” This is where Matt Clark comes in. If you want to be the best, you need to learn from the best.

Here is a sneak peek of my interview with Matt, where I pick his brain on how he became a multi-millionaire.

Can you share a little bit about the company that you co-founded with Jason Katzenback?

Our company is called Amazing.com, and we help people start and grow businesses. We have a heavy focus on Amazon. It’s our bread and butter. We help people with our program, Amazing Selling Machine, which walks people through everything, from what Amazon marketplace platform to sell on, how to pick a product, how to find suppliers, how to scale a business, and how to do marketing. Basically everything that you would ever need, including a large community and top software to help build your business. That is what we are best known for.

We also have a membership over at Amazing.com that gives you an a la carte selection of different trainings that you can go through in order to scale an Amazon business, whether you want to learn how to increase conversion rates or run PPC ads. Our whole mission as a company is to give people freedom, whether that's financial freedom, freedom to live wherever you want, or the freedom to work for yourself.

The best avenue for us to accomplish that mission is through Amazon's business model. We know nothing better than this right now. We have members that are making as much as $30 million dollars per year with businesses that they built starting with our company. It's been incredibly fulfilling for us. That is why we are here and what keeps us going.

How did you guys start Amazing.com?

Ever since I was in high school I knew that I wanted to start and run my own online businesses. I never really wanted to work for someone. I went to college and finance was one of my majors. The plan was to go out in the world and work for an investment bank for a few years, and then start my own fund after that. I was 7 months into my investment banking job and I soon realized that it sucked.

I didn't want to be there for one day longer, so I left the job and I started to expedite my plan to start my own online business. I had no idea what I was going to start, but I ended up fumbling my way into selling different high-end health supplements online that, in today’s world, have become a lot more mainstream. I had no idea how to sell online, but through the help of a guy that I had met, who was an employee at an agency, it was enough to get my e-commerce store up and running.

I learned everything that I could. I went to all of the conferences, I read every book, article and blog, and I took seminars on Google Adwords. This knowledge allowed me to get my e-commerce business to go from $700 in the first month to doing $2 million a year during the second year of operation. I was growing the thing like crazy, but at the time, I had about $100,000 on American express cards at the age of 22. I had no idea how I was going to pay it off.

Sure, I had a couple of million dollars in revenue, but profit was not good at all. It was pretty much non-existent because I was buying so many ads and trying to get inventory in, that I didn't know how to run an online business. I got out of this situation by focusing on the conversion side. I knew how to buy ads and convert them, but I didn't know how to get those people to buy more stuff afterwards, that didn't cost me any money. 

That's when I dug into email marketing and copywriting and that's what really turned things around for me. I was able to get my e-commerce business profitable and ended up being able to sell it. Jason and I met and we decided to form a partnership. I knew a lot about selling on Amazon, just through trial and error, and he was skilled at creating training, courses and software that could help other people take this information and build businesses for themselves.

We created a course called, “Amazon Money Machine”, which ended up becoming the Amazing Selling Machine and the rest is history. We kept growing from there, and soon realized that we were changing a lot of lives with our program. This is what motivated us to keep going. Since then, we've really gone all in, with regards to fulfilling our mission of helping more people change their lives and become multi-millionaires.

You started by selling a course, but you have now built a successful brand. What has the transition been like for you over the last few years?

There have been a lot of learning lessons. I've learned so much about the nature of business, how to grow a business, and who I am along this journey. Things have gone really well, and at times, we've tried to grow our staff very quickly and push ourselves into 52 different directions. We've learned a lot in the process. Fortunately, we've maintained good value.

We value our customers. At the end of the day, we know that we don't benefit at all as a company unless our customers are getting incredible value. Our customers love, respect and trust us. Through all of the dumb mistakes that we've made, that is what has kept us going, and why we have been able to become multi-millionaires and create a thriving online business. 

What would you say are some of the biggest challenges and failures that you've faced along your entrepreneurial journey, and how were you able to overcome them?

The biggest mistakes that a lot of entrepreneurs make when they are first getting off the ground is trying to go too wide, instead of deep. I don't know why we are wired this way, but as soon as something works, we want to do 52 different things, in 52 different directions. It happens to a lot of people who sell on Amazon, and it's happened to me as well. This is not the direction that you want to take if you have the desire to become a multi-millionaire.

Let's say that you get one product working on Amazon, and it makes $10,000 a month. You then start thinking to yourself, “I want to make $100,000 a month, which means that I now need to sell 10 products.” Not true. A much smarter approach that will keep you sane, not mess up your operations, and likely make your online business more profitable is to say, “How can I get this one product to do even better than it is already doing?” This is the mindset that I encourage people to have when striving to become a multi-millionaire.

When you do this, you don't have to manage multiple suppliers, train employees on your products, or manage two different listings. We've made this mistake before. Because we knew how to get people selling on Amazon, we decided to teach people everything that there is to know about how to build a multi-million dollar online business – everything from accounting, to social media, to management, to Amazon e-commerce apps. You name it, we wanted to teach it! This was NOT a good idea because we didn't have this kind of expertise in all of those other areas.

We went way too wide and we didn't do as well as we wanted to, so we had to really narrow our focus to what we knew best. That is the point at which our business really grew. That was a huge learning lesson for us. You need to have the discipline to stay focused, knowing that, at the end of the day, you will have a much better business and a lot more stability in the long-term.

I used to study success and tried to figure out how it worked, and then at some point a lightbulb went off in my head and I realized that there is only really two things that you need to succeed in business – focus and persistence. As long as you can get those things going, and you keep at it long enough, there is no reason why you can't become a multi-millionaire. A lot of people don't focus or give up too early.

What is your mindset and approach when it comes to failure?

I've never looked at anything that I've done as a failure. I've probably started 20 online businesses that didn't end up working out, but I always perceived those experiences as things that I didn't really like anymore, so I changed my direction. Somebody could look at what I was doing and think to themselves, “No, you are starting these businesses and completely failing at them,” but that was never my mindset. To me, it's more based on iteration.

No matter how much research you do, you don't really know how well something is going to do, unless you put it out there and see what happens. On the other hand, I can hopefully save you a lot of money and heartache by teaching you how to fail, the right way. We've taken so many big risks in our company that we were almost out of business, and that's not a situation that you want to be in or have to be in. Experiment and fail, but learn how to do it smart and on a small scale.

I am a big believer in morning rituals. What does your morning ritual involve?

I've tried a lot of different things. At the end of the day, I always ask myself, “What am I trying to get out of this?” I'm a big believer that your mornings are an important time to condition yourself so that you are able to face whatever crap you need to deal with during the day. It's about building resiliency first thing in the morning.

I go to bed fairly early so I'm up by 5 or 6 am. The first thing that I do is throw on some clothes, go outside and walk. I start to think about what I'm grateful for, before I start thinking about what I want. From there, I start to envision what it is that I want to get out of my day, what I want to bring to my day, and what I'm excited about.

I'm a huge fan of the device, heart math. I use it during my morning ritual in order to see what is going on inside my body. You clip the Inner Balance technology to your ear and it analyzes and displays your heart rhythm, measured by Heart Rate Variability (HRV). It shows you how your emotional states are affecting your nervous system. The app then gives you focus exercises that you can engage in, in order to calm your stress levels.

Then I'll have a cup of coffee, do a workout, and look at my priorities for the day. As part of this process, I will review my weekly, monthly and yearly goals, as well as what I've already planned to do for my day, and then I will dive into work.

Recently, I've tried to divide up busy work from focus work. As a society, I believe that we've lost the ability to focus. If you can set aside time to get meaningful tasks accomplished, then you will have a competitive advantage. Do your best to shut everything off, set a timer and get hyper focused, with zero distractions.

Anyone can become a multi-millionaire, but not everyone will.

Are you up for the challenge? If you have a desire to be a multi-millionaire and be your own boss, travel the world, or create financial freedom, I encourage you to check out Matt Clark & Jason Katzenback's company, Amazing.com.

Their teachings have changed thousands of people's lives, including my own. Now is the time to create the life of your dreams.  Seth Godin said it best, “Instead of wondering when your next vacation is, maybe you should set up a life that you don't need to escape from.”

Are you ready to learn how to build a profitable online business selling on Amazon? CLICK HERE for instant access to my free training series! 

Do you work ON or IN your business? If it's the latter, it's time to make a shift. If you want to grow your business and sustain it, long-term, it is imperative that you work smart, not hard.

A lot of entrepreneurs adopt the mindset that they can do most things in their business better than anyone else. This may be true, but you can't do it all, nor should you.

When you work ON your business, you adopt the role of a “doer”, managing all of the daily operations that come with running a business.

In the words of Robert Kiyosaki, “If you're not working to get your business to operate without you, you're thinking too small.”

Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Hester Taylor Clark, the founder of The Hester Group, likens managing a business to parenting. It's about having the awareness of when your child or your business has grown enough to be given freedom. Do you work ON or IN your business? Here are three strategies that you can employ to ensure that your business continues to grow:

1. Get Out Of Your Own Way

If you want to run a successful business you need to focus on your strengths. Doing so allows you to be “in the flow“, a place where you are fully engaged and working at your best. Great leaders have an awareness of their weaknesses and delegate accordingly. Yes, nobody knows your business as you do, but it's not about you. It's about your business!

If you are spending copious amounts of time focusing on tasks that take up your time and mental capacity, this means that you aren't growing your business. Drop your ego, work smart, and get help.

2. Hire The Right People

As the leader of your business, you are responsible for finding a talented team of people who can free up your time so that you can work ON your business. What are you currently doing that could be better delegated to someone on your team? Don't engage in anything that is not the best use of your time or skills.

I have a strong leadership team behind me that I trust and respect. When you hire the right people, it allows you to stop wearing so many hats so that you can focus on what matters most to your business success.

3. Create Systems and Procedures

In order to ensure that your business operations run smoothly, make sure that your business is dependent on systems and procedures, rather than people. Utilize tools that will help improve the efficiency of your business processes.

This is the best way to ensure that your team is able to job their job well, and actually accomplish the goals that they set out to achieve. Once you have a winning team of people in your corner, you also want to share your goal(s), strategy and the vision for your business with them.

Every 90 days, my team and I engage in a game-changing business ritual, that not only ensures that our business keeps growing – but it also allows me to focus on tasks that I excel at, and that is of value to my business. Do this every 90 days, and watch your business transform.

Every entrepreneur wants to grow their business, but oftentimes they get stuck because they are too busy trying to do everything. If you want to achieve success, you need to get out of your own way and adopt the role of a leader, so that you can focus solely on tasks that promote the long-term growth of your business.

Do you work ON or IN your business? One path leads to business mastery. I'll let you be the judge.

Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

Here is the best entrepreneur advice for beginners.

At the beginning of an entrepreneurial journey it can feel like a roller coaster ride, filled with highs and lows. If you want to succeed in the startup world, you need to learn how to navigate this bumpy terrain so that you come out on top.

The reality is that 8 out of 10 businesses fail in the first year. How would it feel if you could avoid the mistakes that 80% of people make? If more entrepreneurs were armed with the right advice, I think that these numbers would be lower.

Starting a business requires a myriad of personality traits; like hard work, grit, patience, sacrifice, energy, and a passion to succeed. Only the strong survive. Are you one of them?

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”http://www.buzzsprout.com/9299/566419-plm-471-best-entrepreneur-advice-for-beginners.mp3″ background=”default” ]

Do you want to learn the 7 online business models that have made me an Internet millionaire? CLICK HERE for instant access to my free course!

In this book, The Entrepreneur Roller Coaster: Why Now Is the Time to #JoinTheRide, Darren Hardy says that people who make the jump into entrepreneurship just aren't ready, prepared, or equipped.

I want to share with you the best entrepreneur advice for beginners, comprised of 5 skills that every entrepreneur must master:

1. Believe in Yourself

Making the choice to become an entrepreneur takes courage, especially when family or friends don’t support your vision, which is why you need to believe in yourself.

The most successful people in this world didn’t get to where they are today by doubting themselves. Talk to yourself as if you are a winner.

If you don’t believe in yourself, who will believe in you? This is your life, your choices, and your destiny. Make it count. As Henry Ford once said, “Whether you think you can or think you can’t, you’re right.” 

2. Master Your Emotions

If you want to succeed at anything in life, it starts with going inward and learning how to master your emotions. Successful entrepreneurs don’t let their emotions drive their decisions. Rather, they remain calm and calculated under pressure.

A business that is based on reactive decisions will only result in failure. Yes, you will get triggered, but it is up to you to learn how to calm your ‘emotional storm’ so that you can master any challenge that stands in your way of success.

3. Enjoy The Process Of Success

If you want to be a successful entrepreneur, you need to learn how to enjoy the process of success. If you only focus on external rewards from your efforts, you will always be in the rat race. Don’t be a slave to your external environment.

Even when you start making a certain amount of money and become financially free, it won’t be enough. You will always be looking for the next best thing.

The chase will never make you happy, which is why you need to become less attached to the final outcome and enjoy the process of success. That is where the real growth lies.

4. Focus on Contribution

Take a moment and think about how lucky you are to be able to do what you love. Having an appreciation for your accomplishments carries more meaning when you are able to give back and make a positive impact on the lives of others.

At the end of the day, contribution is the ultimate reward in life. I believe that we are all here to give and contribute something, beyond ourselves. Not only does it give you a sense of lasting fulfillment, but it also serves to accelerate your success at a much faster pace.

In the words of Zig Ziglar, “You can have everything in life you want, if you will just help other people get what they want.”

5. Don’t Be Afraid Of Failure

If you have experienced failure in the past, great! Failure is a normal part of the learning process of life. Thank your failures for the lessons and then let them go.

Accept and learn from your past, but don’t live there, because it doesn’t dictate your future in any way unless you allow it to. If you keep doing what you’ve always done, you will get what you’ve always gotten.

It’s easy to feel shitty when things don’t go your way, but if you want to truly succeed as an entrepreneur you have to use pain as motivation, and develop the mindset and the willpower to keep pushing despite the obstacles that stand in your way.

Use failure as a tool for growth and change. It has the ability to propel you forward and prepare you for what lies ahead.

Being a successful entrepreneur doesn’t happen overnight. It’s a long-term commitment, but the payoff is sweet. This is the best entrepreneur advice for beginners. I challenge you to start utilizing these skills in your business. The result? Business mastery.

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I would like to share with you 4 ways to build your mental toughness. In today's fast paced and complex world, the ability to effectively adapt, remain calm under pressure, and change at a moment's notice is a necessity.

Your mental toughness, or “grit” as they call it, plays a very important role in achieving your goals in health, business, and life. Nobody in the business world needs mental toughness more than an entrepreneur.

Being your own boss and designing the life that you desire is great, but unfortunately not a lot of entrepreneurs possess the skills that are needed in order to weather the storms of the online business world.

The good news is that mental toughness is a skill that you can learn. Steve Siebold, mental toughness expert and author of 177 Mental Toughness Secrets of the World Class: The Thought Processes, Habits and Philosophies of the Great Ones, 3rd Edition, teaches that a person of modest means can become world class by implementing the thinking, habits, and philosophies associated with mental toughness.

Are you ready to learn 4 ways to build your mental toughness so that you can master your online business?

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You can have amazing organizational skills, be highly productive, and be passionate about your online business. But without mental toughness, you won't be able to stay on course when things get challenging.

Below are 4 ways to build your mental toughness in order to ensure that you stay one step ahead of the game:

1. Embrace Change

Mentally tough people are constantly adapting to changing circumstances. They strive to get outside of their comfort zone on a daily basis because they welcome challenges and see them as opportunities for growth.

Making it a daily habit to engage in activities that force you to step outside of your comfort zone, take risks, and embrace the unknown is a great way to expand your capacity for mental toughness.

If you want to become the best version of yourself in your business and in your life, you need to take risks and do things that make you feel uncomfortable.

2. Practice Mindfulness

Mindfulness is all about staying present in the moment. Entrepreneurs often find themselves stretched in multiple different directions, which can effect their concentration.

This is why focusing on the here-and-now is such an important skill for online business owners to learn.

A University of Miami study showed that one of the best ways to build mental toughness is through practicing mindfulness on a consistent basis.

One of the greatest benefits of creating a mindfulness-based practice, like meditation, into your daily life is that it allows you to effectively manage the myriad of stressors that can come with running an online business.

3. Be Active

There is no doubt that a healthy body contributes to a healthy mind. Numerous studies have demonstrated that the higher one’s mental agility and stability, the more likely they are to achieve and maintain a healthy body.

If you run an online business, it is imperative that you commit to staying active. Hours in front of a computer can be taxing on your physical and mental state.

According to the Mayo Clinic’s Dr. James Levine, in the U.S. people spend more than half of their waking hours sitting down, which can result in a myriad of health problems.

I highly recommend investing in a LifeSpan treadmill desk. It has radically elevated my productivity, enhanced my business, and transformed my health. Getting your heart pumping in the morning is a great way to stimulate your brain for optimal performance and prime you for success.

4. Master Your Emotions

In order to become mentally tough, you need to master your emotions. Running an online business requires that you are able to make strategic decisions under pressure, which is why it is important that you are able to stay calm and objective, regardless of your emotional state.

It is impossible to be mentally tough if you are unable to fully understand and manage your emotions. This is where the power of emotional intelligence (EQ) comes into play. Research shows that 90% of top performers have high EQs.

Unlike IQ, the good news is that EQ is a skill that you can build and master over time. Research shows that 90% of top performers have high EQs. Robert Kiyosaki said it best, “The strength of character and emotional intelligence to face your failures and learn from them are at the core of success.”

I have some exciting news! Warren Buffett has revealed his best investment advice. Known to be worth $75 billion dollars, he is one of the most successful self-made investors in the world.

Warren is a role model for any entrepreneur, investor, or business person that aspires to achieve financial greatness. Referred to as, “The Oracle of Omaha”, Warren Buffett had an entrepreneurial mindset from an early age. As a young adult, he was always looking for innovative and creative ways to earn money, which is how he made a net worth of $6,000 at the age of 15.

Many of the most successful people in the world attribute their success to sheer determination and commitment to their goals. While this speaks true, Warren Buffett offers a different perspective. Although the end goal of success usually equates to making money and getting rich, it isn’t what matters most in life.

You may be wondering, “How does one man become so successful?” The answer may surprise you. Are you ready to learn how to invest, the ‘Warren Buffett way?’

Watch the video below:

(Click here to watch on YouTube)

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Warren Buffet believes the single best investment that he ever made was a lifelong commitment and curiosity for learning. In his own words, “Invest in as much of yourself as you can, you are your own biggest asset by far.”

When Warren Buffett was young he was terrified of public speaking. He wanted to master this fear, so he attended a Dale Carnegie public speaking class that ended up changing his entire life. Even to this day, he has his public speaking diploma hanging on his wall in his office.

You never know how one book, course, or seminar can change your entire life. Live with that positive anticipation that there is always something good that will come from having an optimistic mindset.

Chris Munger, the Vice Chairman of the Buffett’s Berkshire Hathaway Corporation, once said this about his colleague:

“Warren Buffett has become one hell of a better investor since the day I met him, and so have I. If we had been frozen at any given stage, with the knowledge we had, the record would have been much worse than it is, so the game is to keep learning.”

If you want to become the best that you can be, you need to adopt the mindset of a lifelong learner. I attribute most of my success in life to my love of learning. It has brought so much joy to my life, and it has allowed me to grow and evolve my online business at a much greater speed. If you look at my May 2017 Monthly Goals Report, you will see how much I invest in myself.

Who I am today is vastly different from the person that I was many years ago. I was a shy, depressed, insecure teenager who was broke and struggling, BUT I was committed to investing in myself.

If I wanted to master all areas of my life, I knew that I had to stop doing what I had always done. I found mentors, read books, attended seminars, went to workshops, and created networking events, all with the purpose of learning. I realized that what one man can do, another man can do.

Finally, Warren Buffett also believes in the power of investing in an index fund, otherwise known as a type of mutual fund with a portfolio constructed to match or track the components of a market index, such as the Standard & Poor's 500 Index (S&P 500).

From a historical standpoint, the stock market has always gone up, no matter what is going on in the world. The beauty of index funds is that they allow you to own 500 of the biggest companies in the U.S. There is no better way to create a simple plan for building your retirement savings.

How much time and money do you invest in yourself? The reality is that the more you learn, the more you earn. When asked to reflect on Warren’s success, Charlie Munger said, “Warren is one of the best learning machines on this earth. The turtles who outrun the hares are learning machines. If you stop learning in this world, the world rushes right by you.”

If you are already investing in yourself, awesome. If you have yet to start, I hope Warren Buffett’s investment advice has inspired you to do so. It all starts with you.

Do you want to learn cutting-edge tools and strategies for mastering all areas of your life? CLICK HERE to join my Life Mastery Accelerator program!