An interesting question asked to me yesterday was, “Can an entrepreneur succeed online and make $50,000 a year with enough hard work and perseverance?” I think it’s an interesting question worth some exploration. I’ll do what I can to answer this question now.
I start with the assumption that there are no guarantees in life – even with all the technology and knowledge we have, life still has unknowns. I can be healthy today and dead tomorrow. Bad things happen to good people. There’s plenty enough that can go wrong in life, and because of that the first answer to the question is a resounding “NO.”
Now, assuming that one has no tragedies, such as dying tomorrow, I think the answer is, “Almost yes – you can give yourself a pretty darn good shot.”
With Enough Hard Work, You Can Become a Master
I believe with enough hard work, one can become a master at something. It may take a decade or two, but it is possible. The violinist, Lindsey Stirling, has been at it for 20 years now and has a YouTube channel with 1.5 million subscribers. Pretty incredible and the cost of the channel to her is nothing except her time and production costs for her videos. Pretty sweet that is. She is a master.
I believe this can apply to other fields. For myself, I look at programming and web development. I’ve been at those for over a decade now and feel like I am about half-way there to mastery. At the very least, I’m at a point now where I can get paid a decent salary that allows me to live comfortably because software developers are in such high demand. I’m glad I was born to a father who valued technology!
Once one becomes a master at something, the next step is to communicate with others and sell that skill! I’m an amateur when it comes to selling, so I can’t speak on it much more than it is necessary to get paid for what you do. If you have an online website, you have to write in such a way that attracts visitors and keeps them on your website. This might be good information or you might be so entertaining that they stick around. If you’re a master, you can talk with authority on your skill.
Luck also matters. As I mentioned above about worse case scenarios, there are things that happen which we just can’t foresee. I made a prediction tonight that SF would win the Football Super Bowl. But they did not. They came close. And the point is, we can’t be right all the time. But we need to be skilled and right enough so that the opportunities that present themselves are something we can take advantage of. What if a company is hiring software developers? Have you worked hard to become a coder? Have you worked hard to sell your skill? You might have some good luck if you live in Utah then :)
Luck is simply the result of our hard work meeting up with the things we cannot see ourselves except when the opportunity presents itself. There’s enough people in the world that with hard work and perseverance along with becoming a master at our craft, that someone in the multitude of people will see you selling your skill and choose to buy :)
Mastery and luck are really the two key pieces to the puzzle as I see it. I’m sure others online will have more to add to this discussion. I’m working on a new project right now. I haven’t announced what it is yet :) I’m still at it and it is now day 34 of the new year. If I can master this and have some luck, I think it’s a lock for me to earn $50,000 and then some a year. But it’s going to take a lot of hard work along with some blood, sweat, and tears.
What else matters for success besides hard work, mastery, and a little luck? I’d love to hear your thoughts.
- How To Get Good At Something
- Chasing Greatness
- The Gladiator’s Life
- Saw Mark Zuckerberg Speak Today
- The Power of the Twin Flame