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Should You Get out of Debt by Trying Making Money Online?

I just read this post on the Warrior Forum:

Living in Debt $1000

I have seen this story thousands of times during my 10 years online. Someone falls into debt. Or someone loses all of their money.

In a desperate effort, these people turn to the internet to help them erase debts or to make money for eating or for putting a roof over their heads.

So….should you get out of debt by trying to make money online?

NO!!!!!!

I added many exclamation points and wrote in CAPS LOCK to drill the point home: the absolutely worst idea possible is to see making money online as a potential solution to your money problems.

If you fear losing money or fear running out of money you will continue to lose money or run out of money until you feel calm, confident, detached and chill around money, to the point where you feel in harmony with money, having a loving, chill relationship with it.

The guy above is making the biggest mistake of his life if he tries to make money online while fearing going deeper into debt; he will do stupid, money-repelling things online because his fear of losing money will dominate his mind, his actions and his results.

If you fear losing money you will lose money. Matters not if you try to make money. At least business-wise, your fear of loss dictates loss. Happens again and again, as I’ve seen this story play out.

What Should You Do?

If you feel desperate about getting out of debt spend the next week landing a job. I do not care if you scrub toilets or bag groceries or sell hot dogs from a cart; money is money. Humble yourself, get paid for a job, pay off your debt, and hop online from a calm, detached, patient energy, the perfect energy for doing smart things with the right vibe for the next 1-2 years so you lay the foundation for building a full time income through your gig.

The Exception

If you feel totally chill/relaxed/not worried about your debt, feel free to hop online to begin a business based on sound fundamentals, from a patient space. You can succeed if you’re online to follow your passion, to have fun, and to patiently allow money to flow to you over the next few years.

But for everybody else who fears losing money or going deeper into debt, predominantly, you are completely delusional if you believe that you’ll make money quickly when you’re terrified to lose money.

The Online Business Delusion

Starting an online business is easy. Whip out a credit card, invest, start.

Or perhaps you try to go the route of starting a business online sans spending a cent.

Since it seems easy to start a business online most folks believe making money online is equally easy, being bat crap delusional about making big bucks in days, weeks or months, because their fears aka horror of losing money goads them to feel it’s easy to make money online.

Fear turns the rational, sane person into an irrational, insane, deluded person who believes it’s easy to make money online and no skills are needed to prosper online.

But the truth stings these fools over weeks, months or years of struggle.

The Truth

Making money online is a skill that takes years of your life to develop.

I only began making money regularly when I spent 6-7 days every week learning, creating and connecting for many years of my life.

You will be in the same boat.

The internet is not your ATM, for your own personal use, to pay off of your debt.

Get a job, any job.

Pay off debts.

Begin an online business with a generous, patient, persistent, detached attitude.

eBook

If you want to make money online with integrity buy my eBook:

How to Make Money Online without Selling Your Soul: 7 Tips

Ryan Biddulph
 

Ryan Biddulph is a blogger, author and world traveler who's been featured on Richard Branson's Virgin Blog, Forbes, Entrepreneur, Fox News, The Huffington Post and Neil Patel Dot Com. He has written and published 126 bite-sized eBooks on Amazon. He can help you retire to a life of island hopping through smart blogging at Blogging From Paradise.

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