Home > 3. Attitude (Millionaire Mindset) > Lottery Ticket Mentality in Online Business

Lottery Ticket Mentality in Online Business

December 9, 2009 Leave a comment Go to comments
I am sharing a very important thing I learnt by listening to an interview with John Reese. You may know that John Reese is in a way like Roger Bannister, who was the first person to run the four-minute-mile. John Reese is the first person in online business to make more than $ 1 million revenue in 24 hours.  This is what John has to say about the lottery ticket mentality …
  • Most of entrepreneurs (and people who want to grow themselves) can probably relate to this experience: We bought this course or that course, and when we spent the money buying these things, it promised us to make us a bunch of money (to be successful). We got this warm fuzzy feeling when we made the purchase. But then it quickly wore off when WE DIDN’T TAKE ANY ACTION. And eventually we saw another course, and we bought it, and for a brief moment, again it was that warm fuzzy feeling. You take that course and stick it on the shelf, and it still makes you happy to have it, coz it represents hope. That’s what it represents – it is hope.
  • In fact buying a lottery ticket for the weekend lottery is just like that, It is like never looking in the newspaper to see if your ticket number won. So, for as long as you hold the ticket and don’t really see if you lost or not, there’s still that hope that, may be you’ll get rich, may be you’ll make money.
  • Well, product development (and success in life) can be the same way. You may have this product (or idea or learning), but haven’t launched it (FOLLOWED THROUGH or TAKEN ACTION) yet, and you put it aside maybe and start working on something else. This is because you are afraid. You know the moment u go to launch it, that’s the moment of truth, to see how much you are going to make from it (whether you will succeed or not).
  • But if you want to succeed… you just have to get it out there (FOLLOW THROUGH, and TAKE ACTION) and start making money (success) from them. Don’t look for PERFECTION, work on making PROGRESS.
  • As Dan Kennedy says, “It doesn’t have to be good, just good enough.”
    As Alex Mandossian says, “Floppy success is better than perfect mediocrity.”
    As Mike Litman says, “You don’t have to get it right, you just have to get it going.”
    So my friends, the secret to success is this, without it, we cannot succeed. The secret my friends, is to FOLLOW THROUGH, and to TAKE ACTION.
    Binod Maliel
    (a follow-through tool online to help you take action)
    1. February 22, 2010 at 7:27 am

      Excellent post! Many people spend too much time ‘thinking’ and too little, if any, time acting. Action is the only way to achieve success. If it’s sloppy at first, practice makes perfect. Just get on with it and don’t procrastinate. Procrastination is the thief of time!

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