The Sacrifices on The Way to Success: Why Are They Necessary

the sacrifices you make on the way to success

Great achievement is usually born of great sacrifice, and is never the result of selfishness.
Napoleon Hill

In order to get, you’ll have to give.

And that’s not bad. Just the contrary, it makes it all meaningful, lets us enjoy the reward, lets us deserve it.
But people don’t like to have ‘less’ of something. They feel they’ve lost this way.

And that approach gets them nowhere most of the times.

Truth is, sacrifices are just one of the steps on your way to achieving what you want in life that can’t be skipped.

Here are a few examples:

• in order to finish your book, you sacrifice all your time for a certain period;
• getting up early means not going to the party the night before (or at least going home before the best part starts, if you’ve got that amount of willpower);
• getting fit requires you to give up on your favorite foods;
• for a new business you invest all the money you have;
• before a test you sacrifice many nights of sleep;
• to be with your loved one you’re ready to say ‘no’ to every other person you can be with and to accept the chance of being hurt;
• in order to do your best on your current project, you stop working on many other things and pay your full attention to it;
• to become a doctor and make your dream come true, you invest most of your life in getting the right education and experience;
• saying ‘yes’ to one job opportunity means saying ‘no’ to many others;

and so on.

And the first thing you have to do is accept the sacrifices.

They’re a crucial part of your personal development.

And everyone who’s ever succeeded has done it.

Here’s what Mark Manson (one of my favorite bloggers) says in “No, You Can’t Have it All”:

“If you’ve ever taken an economics class, one of the first things you learn is a concept called “opportunity cost,” an idea often illustrated with the quote, “There’s no such thing as a free lunch.”

Opportunity cost means that essentially everything you do, no matter what it is, costs something, even if indirectly. The classic example is when someone takes you out for a free, hour-long lunch. Despite gaining the value of the lunch during that hour, you are still giving up all of the other productive activities you could have potentially been doing.

So you give up doing an extra hour of work. An extra hour of sleep. An extra hour of sales calls that could net you a new client. Or, as in the case with El-Erian, an extra hour with your 10-year-old daughter.

In our culture, we regularly celebrate people who become rich by doing exceptional things. But the nature of those “exceptional things” often requires extremely high opportunity costs. Bill Gates famously slept in his office five days a week and remained single well into his 30s. Steve Jobs was a deadbeat father to his first daughter. Brad Pitt can’t leave his house without being bukkaked by flashbulbs and cameras. The man has stated that he’s gone through periods of depression due to the social isolation caused by his extreme fame.

The point is that doing anything truly great requires some sort of inherent sacrifice that may or may not be immediately obvious.”

So are sacrifices necessary?

Absolutely. And they’re a great thing.

Here’s why:

5 Reasons Sacrifices Need to Be Made to Reach Your Goals

1. Balance is an illusion, we can’t have it all with all the opportunities offered these days.

So we say ‘no’ to at least a dozen of things, when we say ‘yes’ to something we want.

2. To make a dream come true, you need to be fully concentrated on it and focus all your energy and effort into doing something about it daily.

For that to happen, you need to give up on all the others things that are distracting you, and that you may like or enjoy, but which aren’t as important as this one dream.

3. They make you stronger, build your willpower and discipline, and help you grow.
4. Only by making sacrifices can you truly appreciate what you get.
5. If you decide to have it all, you don’t enjoy anything.

So many things will require your attention that you’ll end up being discontent and stressed.

So that’s why sacrifices are a necessity.

Next time you give something in order to get more of what you desire, don’t feel bad. Don’t feel like something’s being taken away from you.
Instead, know that you have a priority, know what you want in life, are working to get it, and are willing to give up comfort and stuff that gives you instant gratification in order to achieve it.

That’s the way to success.

What do you give in order to get more of something else? Do you invest time, sleep, effort and energy, or give up some of the stuff you’re used to and enjoy doing?

What sacrifices do you make?

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How This Family Guy Makes $10,000/Month Online Teaching Others How to Make, Save and Invest Money

How This Family Guy Makes $10,000/Month Online Teaching Others How to Make, Save and Invest Money - Interview with R.J. Weiss from TheWaystoWealth.com

This is an interview-style post with R.J. Weiss from The Ways to Wealth.

Hey R.J. What’s your background and what do you do?

I blog about all things personal finance at The Ways to Wealth.

Before I went full-time into blogging, I spent ten years in the financial services industry. Specifically, helping families buy the right type of life insurance.

During my time with a full-time job, I’ve always had different side hustles going on. From freelance writing, Amazon FBA, conversion rate optimization, to website design — there were many projects I pursued outside of work.

How did you start your career in finance?

I got started in finance straight out of college working for my the family insurance business. As I love the financial planning side of things, I choose to specialize in life insurance planning. This led me down the path to obtaining the CFP® Certification.

What made you start blogging?

The Ways to Wealth, which I started in 2016, has been my 5th blog.

The others mostly fizzled out most due to a lack of interest. But, in 2009 I started a personal finance blog called GenYWealth.com (no longer around) that had some success.

The idea GenYwealth.com was to write about what I was learning about studying to take the CFP®. The blog was, by all means, a success. I was able to gain valuable knowledge, pass the CFP® exam, earn some extra money and build up a good community.

I then took this knowledge and started a business blog, which allowed the insurance agency I was working for to generate leads.

I started The Ways to Wealth because my passion is personal finance–from investing to travel hacking, I love the challenge of optimizing my finances.

How was The Ways to Wealth born?

I didn’t have much of a plan for starting The Ways to Wealth when I purchased the domain name.

I was actually thinking it would be a niche site, which was inspired by Pat Flynn’s niche site duel. Then, I came across the income reports of Michelle Schroeder-Gardner and wisely changed direction to a more traditional blog.

This change came about 6-months after starting to blog.  I did a timeline of the site in one of my income reports.

What worked best when trying to grow the site?

I had a decent knowledge of SEO. So at first, I started growing the site with email outreach. One of the first posts I had about best investing books of all time, had about 15 links to it.

This was nice to start with but was quite slow to build up, as it can take a while to earn Google’s trust.

The big turning point came when I started to understand Pinterest. I spent a few frustrating weeks on the platform, then it finally started paying dividends.

I went from about 100 sessions a day to 1,000, which was huge for me at the time.

How did you get to 3 million monthly viewers on Pinterest?

the ways to wealth pinterest 3 million monthly views

I lay out my Pinterest strategy here. But at the core the idea is to:

1) Write high-quality content that Pinners want to click through, read, and share.

2) Pin to my own and high-quality group boards, with a keyword-rich description.

3) Continue to Pin my best pins across my own boards/group boards, ruthlessly eliminating Pins that don’t perform well.

One thing to keep in mind is impressions don’t mean much on Pinterest. What counts are clicks to your website. So, you want to design not for impressions but clicks.

What aspects of the online business are you outsourcing or automating and how?

The first thing I outsourced was Pinterest design. I’ll design about 30-40 pins a month, so this was big time saver for me.

Of course, it took some work to get going. At first, I hired 5 or so people on Fiverr. I found one decent designer but the work quality deteriorated over time.

I then went to Upwork and posted a job for a  graphic designer. I found a great team down in Argentina, who I’m very happy with.

I’m currently experimenting with working with a ghostwriter. A few of my latest posts have been transcribed from my recording, with the ghostwriter making sense of it all.

I can compile about 3 posts in 90 minutes, then take another 90 or so minutes to prepare them. Saving me around 3-4 hours per post this way.

What’s your main income stream and why do you think it works for you?

My main source of income for the blog is affiliate revenue. It works because the partners I do have are high-quality businesses, who deliver value and solve real problems. This makes it easy to naturally link to such a partner.

When did you start making more than $10K/month and what was the turning point?

My first month over $10K was in January of 2018. In December of 2017, income was around $3,000 and in July of 2017 around $500. So, it was definitely a jump.

What happened then in January?

First, personal finance is at its peak interest in January.

Second, I had multiple Pins go viral.

Third, in November I started driving traffic via Facebook to the site. So, in January I could take campaigns I’d been fine-tuning for a few weeks and scale them.

How do you balance work and family life?

I have a routine I stick to Monday through Friday.

When inside of my designated working hours, I work. When outside of these hours, I’m not.

This is a lot easier said than done. But the thing important for me is not to take work everywhere I go. This means I don’t have any apps on my phone that are work-related (email, analytics, etc..)

What are you 3 best finance tips for newbies?

  • Focus on your savings rate. How much you save is the most important decision you’ll make.
  • Small incremental improvements add up over time. My favorite example is increasing your savings rate 1% every quarter, means you’ll be saving 20% of your income in just 5 years.
  • Study happiness. Become a student on how to increase your level of happiness. The natural result is you’ll want less overtime, making the game of personal finance a lot easier to win.

What books, blogs or podcasts help you stay motivated along the way of growing an online business?

I read a fair amount to keep fresh ideas in my head.

My favorite podcast is The Tim Ferriss Show.

Two blogs I enjoy reading are:

Farnam Street
Barking up the Wrong Tree

And as far as books. I try to read one a week. A few books I would recommend to online entrepreneurs would be:

Deep Work by Cal Newport
The Compound Effect by Darren Hardy
The Four Hour Work Week by Tim Ferriss

Pin this post if you enjoyed the interview.

Check out my interview with R.J. from TheWaystoWealth to see how he entered the finance niche, started making money blogging, began bringing traffic from Pinterest and monetizing it with affiliate marketing, and is now making $10,000/month from his online business. #blogger #interview #blogtraffic #incomeideas #income