ray smith

R. The Stream

Practical advice for entrepreneurs.

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The #1 Excuse That Limits Your Success

“I don’t know how.” — This common excuse gives you permission to not even try. However, this excuse simply doesn’t hold water.

At no time in the history of mankind has there been so much information available. Want to start a charity? There are hundreds of books on the subject. Need to lose 100 lbs? There are thousands of resources available.

One of the best ways to figure out how to do something is to find a qualified mentor. Another effective option is to simply try and then adjust your approach based on your results.

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Top 5 Ways to Motivate Yourself

Motivation never seems to last for long, but that’s okay. There are so many ways you can rekindle your motivation.

Reward Yourself →
Give yourself something to look forward to! It could be something as simple as a book or as elaborate as a trip to Thailand.

Visualize Success →
See yourself being successful and experience how great it feels. If you expect to feel good about completing something, you’ll be more likely to do it.

List the Advantages →
Try using logic to your advantage. Remind yourself of what you’re getting out of the deal.

List the Disadvantages →
Use pain to your advantage. You can gain a lot of motivation by recognizing the advantages and disadvantages of taking, or not taking, an action.

Remind Yourself →
If you’re lacking in motivation because you doubt yourself, remember how well you’ve done before.


The Takeaway
Avoid worrying if your motivation seems to run low. There are many ways to regain your lost motivation. Motivation is temporary, that’s why it’s necessary to re-establish it on a regular basis.

Motivation is the juice that allows us to get things accomplished. Knowing how to generate it at will is a powerful skill.

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Stop Swapping Time for Money

Want to be wealthy?—Stop swapping your time for money.

Many of us were taught to do well in school, get a great job, work hard, and you’ll eventually make a lot of money. This may be true, but there is a great limitation to working for someone else.

That limitation is TIME.

There are only so many hours in a week and mo one can buy or create more. If you want the opportunity to make a tremendous amount of money, it’s important to find ways to earn without your presence being necessary.

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Combating Mental Fatigue

Mental fatigue can definitely take its toll on a person’s well-being.

It can actually be worse than physical fatigue because of a person’s inability to think clearly or express their feelings and frustrations.

Worse still, mental stress is known to cause physical fatigue and illness, too!

Mental fatigue or exhaustion may be a result of your work, family life, conflict, or even a lack of quality sleep.

If you have to make an important decision, mental stress can take its toll on you and can even lead to severe depression.

This is all the more reason to avoid the consequences and implement strategies to overcome mental fatigue!

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Self-Development for Entrepreneurs

Entrepreneurs are in a challenging situation. We have to be good at so many things but are strapped for time.

Most Entrepreneurs have limited time, energy, and other resources available to spend on self-development.

Yet, at the same time, entrepreneurs are in a position to gain the most from improving their knowledge and skills. It’s a tough balancing act and one that must be managed well.

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How To Make Money From Your Hobby

GUIDE

Teach → Someone out there would like to learn what you know. Don’t make the mistake of believing that you have to be one of the world’s top ten leading experts on something in order to make money at it.

Sell a Related Product or Service → Hobbies require supplies. Other people may as well be purchasing those supplies from you. Trust me — once you make a little money from your hobby, the wheels will really start turning, and you’ll be surprised at all the other ideas that come to mind.

Just think of how great it would be if you could make money from the one thing you actually choose to do when you have free time. What could possibly be better than that?


If you want to dig a little deeper on this topic, grab my guide on ‘How To Make Money From Your Hobby’

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Make Money from Your Hobby: Online Monetization

CASE STUDY

Many of us dream of finding a way to make money at our hobby online. Wouldn’t making money at something you really love be a thrill? Plus,if you set your business up properly, maintenance may take very little work.

For example, Sam turned her love of dolls into a part-time business with a full-time income.

Sam has always loved dolls. Even as she got older, this never changed. She collected them and even had several antique dollhouses.

Her husband eventually got a little irritated at the cost of this hobby so Sam decided she would show him that her collection is more than a cash sucking hobby.

She brainstormed for a couple of days and decided she would finance her hobby by making money with it.

Sam thought this might actually be fun. Plus, she already knew a lot about her hobby, so she wouldn’t have to learn much. She did have a lot to learn about putting a business online, however.

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Make Money from Your Hobby: Offline Monetization

CASE STUDY

We all have things we like to do when we have free time. Some of us prefer to read, others like to collect things, and others feel energized by creating, whether through woodworking or writing.

So wouldn’t it be great if you could take something that you love to do and make money at it?

Think of all the things you do now to make money — you probably don’t like a lot of them.

By adding something you actually like, you may slowly be able to eliminate the income sources that aren’t as enjoyable for you.

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How To Develop a Present Moment Mindset

GUIDE

Do you struggle with being still?
Are you desperately looking for a sense of peace?

My goal with this guide is to inspire you to find daily moments of inner peace and calm. This guide can help give you a fresh view into the world of introspection, daily peace, and joy.


Get the complete guide today and learn ‘How To Develop a Present Moment Mindset’

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How To Develop a Fearless Mindset

GUIDE

Few words elicit an emotional response more strongly than the word “failure.”

One of the biggest obstacles to success is a fear of failure. In fact, most people are more motivated to avoid failure than they are to achieve success.

Most people don’t even have written goals because of a fear of failure. When you set a goal you’re defining success, but you’re also defining failure!

However, failure is a necessary part of success and successful living. Failure is a common result. It’s a lot more common than success. Failure is a short stop along the path to success.

There is no significant success without a significant amount of failure, too. Perhaps failure is something that should be welcomed, or at least considered neutral and expected. You should anticipate a fair amount of failure along the way.

If you’re not failing, you’re not trying.


Get the complete guide today and learn ‘How To Develop A Fearless Mindset’

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