Coaching Student Question
Posted by: Socrates Socratous on: Jun 4th, 2007A few days ago I got a question from a coaching student
of ours and I got her permission to post the answer on
my blog because I felt it can help you too:
(Note: we just completed our 4 week intensice coaching
program and we are getting ready to start the new one
on July 1st. More info about this here…)
Here is the email i got:
Dear Socrates,
It is very cool to meet internet marketers who are so
sincere in helping others.
You and Henry really know a lot about staying ahead of trends.
How do you do this? This is the secret to everything I suspect.
I love all of the knowledge I have gained. I am ready to kick this
into high gear, but not until school is finished.
Teaching is a dynamic, stressful enterprise and to do
anything well, I prefer working well, that means not
too much a day and still taking care of my health.
It is overwhelming when there is too much to do.
I know that in teaching, people actually study and come together
in groups similar to what you and Henry do.
What seminars do you attend? How do you stay a little bit ahead
of others? What page ranking numbers are best to maintain over
the long term ?
Some of the answers I have heard are that you watch your
competitors. That watching and efficiently managing internet
tasks perhaps better than others gives you tremendous advantages.
Henry and Gina really know how to drive traffic.
I have laid out my tasks and have prioritized how I will accomplish
my goals. I can not believe that I am not even a marketer yet and
my list of things to do is long. But I love the goal list.
I have a retirement future that looks extremely cool. I hope that
whatever happens with you in my classes that I am able to contact you,
Henry and Gina and share my successes.
You see I am near the end of my first plan, which is to retire
from teaching. This is plan one. Plan two is learn, understand,
implement internet campaigns. Yeah, this one is extremely exciting
to me because I will choose how I will use my time for my business,
health, and well being. When I grow up I would like to be like you,
Henry, and Gina. You are all such a passionate turn on.
Sincerely yours, Renate
=========================================
My reply:
========================================
Hello Renate
Socrates here,
I am very genuine when it comes to helping others,
however what makes me sad is that a lot of people
get excited, pumped up temporarily and then they
go back to their old selves without really doing
anything with the powerful information I share.
The difference between people that get success and
the people that watch the former get what they want, is
that they learn, and take action on what they learn,
continously pushing their way forward.
It is not how many seminars I attend or the ranking
numbers. It is all about learn -> plan -> execute.
It is all about momentum. People that want overnight
success have better chances of getting it by
playing the lottery.
There is an even worse group that wish they won
a million dollars in the lottery, but they dont
even play!
Success comes slowly (phase A) but grows rapidly (phase B)
through leverage and momentum. The secret is to be able to
keep pushing through phase A and get to phase B.
you can visualize this by thinking of the snowball effect.
A small baseball sized snowball is rolled down a freshly snowed
slope. It grows slowly as it rolls down the hill but
it REALLY grows massively AND faster as it gains momentum
one cent will become 2, 2 will become 4, 4 will become 8
after you double it 3 times.
If you double it 18 times you make $1,310.72 (still in phase A)
and it took hard work to double it 15 times.
If you double it 3 more times, you make $10,485.76 (getting
into phase B). Double it 7 more times and you are a millionaire
10 more times and you are a billionaire.
All started from one measly cent. In fact here is the progression:
1 $0.01
2 $0.02
3 $0.04
4 $0.08
5 $0.16
6 $0.32
7 $0.64
8 $1.28
9 $2.56
10 $5.12
11 $10.24
12 $20.48
13 $40.96
14 $81.92
15 $163.84
16 $327.68
17 $655.36
18 $1,310.72
19 $2,621.44
20 $5,242.88
21 $10,485.76
22 $20,971.52
23 $41,943.04
24 $83,886.08
25 $167,772.16
26 $335,544.32
27 $671,088.64
28 $1,342,177.28
29 $2,684,354.56
30 $5,368,709.12
31 $10,737,418.24
32 $21,474,836.48
33 $42,949,672.96
34 $85,899,345.92
35 $171,798,691.84
36 $343,597,383.68
37 $687,194,767.36
38 $1,374,389,534.72
This is a figurative example to show you how exponential
progression works. This is how success works too.
You most probably wont double your money every month.
But if every month you make a 10% impovement from the month before
$5000 become a million after 32 months and 2 million 7 months later.
A dayjob works in a LINEAR fashion. If you make 5,000/month,
after 32 months you will make $160,000 and 195,000 7 months later
at your dayjob.
I hope this helps you see things clearer and understand the
power of momentum.
Talk to you soon,
Partner to your success,
-Socrates Socratous
P.S. I would like to post this along with your email on my blog
if it ‘s ok with you.
To join our next 4 week intensive Coaching Program starting
on July 1st, Please Click here.
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Hi Socrates,
The advice you provide in your newsletters and what you have given Renate are very motivational. The analogy to a snowball gathering bulk and weight was very apt and it struck me that the figures you have shown is not impossible to attain with the right mindset and tactics.
Continue to provide more of the same.
Bye for now,
George
Socrates:
I am already enrolled in an internet marketing program.
Thanks Gary
Hi Socrates,
that is awsome example where the snowball effect can generate huge wealth over time. Its gets faster nearing the end. My name is Raymond and from Singapore. I have a day job and a internet marketer by night. I am looking for help to help me make my internet marketing (IM) into a stream of income to replace my employment income, now Income generated from IM is pretty weak. I need some form of coaching in this part of the world. Can you advise or help?
Thank you
visit my website at:
http://expresslearner.com/
http://web.singnet.com.sg/~raindeer/
Hi Socrates:
Sixto here.
What I cannot seem to get straight is how to
put everything in order. Guess I am kind of
slow when it comes to doing business on the
internet. I have gotten a lot of tips how to do
this and that. I have bought a lot of ebooks
and they just sit on my hard drive collecting
dust. I spend many hours on the internet and
just cannot seem to get a handle on it. Some
say that someone like me want’s it done for
them which is not true. If I did that I would
never learn. One I do one website from scratch
then I can kick but on my own. I have had this
website up and running for about two months
and still no success. Tried free ads and did
a lot posting and no success there either.
Do not know what else to do. I am a believer
that money can be made on the internet. And I
firmly believe I will eventually make it. I will not give up. Kind of hard headed I guess.
Just a few things I had to get off my chest.
Sincerely,
Sixto
Hi Socrates, like Renate I have a day job that doesn’t pay me much or give much incentive (financially). I like your example of exponential progression. It sounds cool too! Thanks.
Hi Socrates,
I am at also; each email I get has videos or twitter on them. They offer training; but it is on video, every things on video.
What about the written word; where has it all gone.
I have started to delete any email’s that have videos because it takes my network on dial up 3 hrs just to download 1.5mb.
I am a slow reader but in that time I could read at least 3 medium size eBooks and have it sink in a lot faster that going back time and time again to check on something I has missed; it is also very hard to watch and do at the same time; click here, click there, click back here then click back there.
It is alright for those people that have money that can buy a couple of PC’s and pay for satellite also have everything that you need to watch these thing.
People with slow PC’s as well as slow dial up need this information too, so how about one or more of you so called experts do a copy of both, video and eBook at least we could get something for our money.
Hell if someone would pay me to transcribe a video for them I would gladly oblige but they would have to send me the video to do it otherwise it would not work being so slow to download them.
It seams to me that everyone takes it for granted that all applicants are in the states.
we have plenty of other countries in the world that could use this as they are not as affluent as the US or England, here in Australia we have the money people and the no money people there is a section in the middle but only small. If this could be done then those on small budgets have a chance of getting ahead the same as those with money.
Please if you have any influence on the net try and do something for those who truly want to better themselves but cannot because of the issues above.
Thank you for your emails.
Take care
Dale