Some Online Business Advice I Wish I’d Known Sooner…
Are you familiar with the statical concept of bimodal distribution?
No wait! Don’t leave yet! I promise this article isn’t as boring as you think! In fact, what I’m about to explain is super easy to understand could be critical to your own personal success.
Bimodal distribution just means that there are two common outcomes.
In law, for example, most first-year lawyers make $50,000 — $70,000. Or, they make $180,000–$190,000. In other words, where a new lawyer goes to work has a huge impact on their future earnings potential.
Picture a fork in the road where one route takes you to six-figures and the other does not.
Something similar happens when you start an online business.
How you position yourself has the biggest impact on your long-term success.
All else is irrelevant.
The Importance Of High-Ticket Sales
Being a viral hit-maker or “popular” doesn’t automatically translate to money in the bank.
YouTube pays between $20 — $100 for one million Shorts views. If you could produced a viral hit per day, you’d be making less than most fry cooks and gas station attendants.