Aleksander Vitkin Podcast

(NSFW) Here's my breakdown of why you should never ever get a job. If you're easily offended, look away :)

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

It used to be that you needed to go to university and you had to study for 4/5 years and you spend your time getting wasted partying and learning how to work in a bureaucracy and learning skills like excel, accounting and so on.

After you graduate from university you go and apply to a job. It takes you 4/5 months to get a job, which is unrelated to the degree that you got.

When you get your job you will get a mentor at work. This is a person who has been doing it for 20 years and is a few steps ahead of you. He is making 50% more money than you. He is not teaching you how to become an entrepreneur. He is teaching you how to work in a bureaucracy. He is teaching you to become what he is right now.

All the time you get told: What do you want to do? What are you strengths and your weaknesses? What do you want to become. Where do you see yourself in 5 years? You tell them your dream and early on you tell them the truth. You tell them what you actually want to do.

You tell them something like: “I want to travel and I want to see the world and I want to do lots of interesting things and do lots of interesting things and meet interesting people.” That is what most people want to do. They will tell you that this is not a dream and that you want to become an accountant.

What do you actually want to do? Do you want to get into business or do you go into a company and be mentored by someone, who teaches you how to pay your duties?

“I worked really hard to get here. When you get to my age you will understand.” Do you want to listen to those guys? Do you want to listen how to become them?

Do you want to listen to your boss? Do you want to be depressed at the age of 40? Do you want to create a business? Do you want to travel the world? Do you want to see places, meet positive people? Do you want to be the person, who is behind the steering wheel? Or do you want to be a pencil pusher in an office in a cubicle, which is how most people in an office work these days.

I cannot believe that this is still the case and I cannot believe that people are still in traffic and spend time in traffic every single day. You have the opportunity to not do that, you have the opportunity to do what you feel like doing.

What is the solution?

Look at people, who are not doing the traditional route. Look at people, who were ridiculed that they took the untraditional path. Look at what those people are doing.

You can replicate almost any kind of success. It does not matter what kind of talent you have, it does not matter what parents you have or what they tell you, because they lived in a different time and most people are stuck in a different time. You do not want to be stuck in the past.

I have been travelling the world for 4 years. I have been in business for 8 years. You do not want to go to a job.

I have been to a job for 8 months. You learn some things and maybe you will get into sales, which us a very useful skill, but it is not fulfilling. There is that empty feeling. Why would you want to that to yourself?

People who have a job and settled in and not moving forward. When you stop moving forward, that is when you start dying. First they dye on the inside and then their body dyes. That sounds very negative, but that is the real truth.

Do you really want to live the traditional life, where you study, get a job and then retire? Have a few children and one of them comes to visit you every few years. It is just not appealing to me.

There are a lot of people who live that kind of life, but for me, I am not satisfied with a life like that and I will not stand for it.

(NSFW) Here's my breakdown of why you should never ever get a job. If you're easily offended, look away :)

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

It used to be that you needed to go to university and you had to study for 4/5 years and you spend your time getting wasted partying and learning how to work in a bureaucracy and learning skills like excel, accounting and so on.

After you graduate from university you go and apply to a job. It takes you 4/5 months to get a job, which is unrelated to the degree that you got.

When you get your job you will get a mentor at work. This is a person who has been doing it for 20 years and is a few steps ahead of you. He is making 50% more money than you. He is not teaching you how to become an entrepreneur. He is teaching you how to work in a bureaucracy. He is teaching you to become what he is right now.

All the time you get told: What do you want to do? What are you strengths and your weaknesses? What do you want to become. Where do you see yourself in 5 years? You tell them your dream and early on you tell them the truth. You tell them what you actually want to do.

You tell them something like: “I want to travel and I want to see the world and I want to do lots of interesting things and do lots of interesting things and meet interesting people.” That is what most people want to do. They will tell you that this is not a dream and that you want to become an accountant.

What do you actually want to do? Do you want to get into business or do you go into a company and be mentored by someone, who teaches you how to pay your duties?

“I worked really hard to get here. When you get to my age you will understand.” Do you want to listen to those guys? Do you want to listen how to become them?

Do you want to listen to your boss? Do you want to be depressed at the age of 40? Do you want to create a business? Do you want to travel the world? Do you want to see places, meet positive people? Do you want to be the person, who is behind the steering wheel? Or do you want to be a pencil pusher in an office in a cubicle, which is how most people in an office work these days.

I cannot believe that this is still the case and I cannot believe that people are still in traffic and spend time in traffic every single day. You have the opportunity to not do that, you have the opportunity to do what you feel like doing.

What is the solution?

Look at people, who are not doing the traditional route. Look at people, who were ridiculed that they took the untraditional path. Look at what those people are doing.

You can replicate almost any kind of success. It does not matter what kind of talent you have, it does not matter what parents you have or what they tell you, because they lived in a different time and most people are stuck in a different time. You do not want to be stuck in the past.

I have been travelling the world for 4 years. I have been in business for 8 years. You do not want to go to a job.

I have been to a job for 8 months. You learn some things and maybe you will get into sales, which us a very useful skill, but it is not fulfilling. There is that empty feeling. Why would you want to that to yourself?

People who have a job and settled in and not moving forward. When you stop moving forward, that is when you start dying. First they dye on the inside and then their body dyes. That sounds very negative, but that is the real truth.

Do you really want to live the traditional life, where you study, get a job and then retire? Have a few children and one of them comes to visit you every few years. It is just not appealing to me.

There are a lot of people who live that kind of life, but for me, I am not satisfied with a life like that and I will not stand for it.

Here's exactly how to make money on youtube without ads, without monetization, without networks, without sponsors.

You don't need any of those if you do what I discuss in this podcast.

Proven and effective.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

You have probably seen other videos explaining how to make money on YouTube and they all say something about building a subscriber base, exchanging subscribers with other YouTubers and then getting paid by advertising or by sponsoring and you will be paid a few dollars per a thousand clicks.

That is the traditional way. That is not what I am going to talk about. That is not a very profitable business idea, unless you have hundreds of thousands of subscribers. I assume you do not and I do not have hundreds of thousands of subscribers either.

I am going to give you a business model that works if you do not have hundreds of thousands of subscribers. You are going to be able to make more money with this business model than with adds on YouTube or anything like that.

You have probably never heard of this business model before.

What if you took the people and instead of clicking the add they click on your link to go to your website. You can even have only a booking page on meetme.so (this is a website for booking pages), where they book a call with you.

What is this call for? This call is not to just chat with you, but just to talk to you, so that you can give them a free consultation session and then you can sell them your coaching or a different product or service.

Why is this good? This is good, because even if you have a thousand of subscribers you will have enough people to build a six figure business. I am not talking random numbers here. This is what I have actually achieved. This is what actually works on YouTube.

This is what happens if you do not just focus on adds and hope that advertises pay you enough for your clicks to be able to make ends meet. This is making a real business and not just relying other people to send you a few dollars.

What can you sell?

Let’s assume that you are an expert in one of the three big niches: health, wealth or money. How can you leverage your expertise into building a business and making money on YouTube?

The way to do that is to start making daily YouTube videos.

If you do not have a good camera, use your phone, put it on a tripod or hold it with your hand and have the light come to your face from a window. And then you start talking.

You can talk about subjects that you researched on Google keyword tool and you look up subjects in your niche. You have to create hundreds of videos in YouTube. This seems a lot of work and it is a lot of work.

Ask people to subscribe to your YouTube channel.

Generally what happens is that you build a subscriber base and once in a while you make a video saying that you have an announcement and you are offering your coaching services. Then they will go to your link in an annotation or below in the description.

They will sign up to your call and then on the call you can sell them anything you want. And then you can learn how to deliver a service or a product.

You need to promote your videos on Facebook and slowly build an audience. This can explode any moment if one of your videos ranks on YouTube and suddenly you can get 300 subscribers per day.

People are still hoping for those advertisement clicks, they sell their YouTube channels to networks. Even a channel with 170 000 subscribers earns only a couple of thousand dollars per month. That is not good compared to what you can do as a coach on YouTube who sells coaching or other packages or services on the phone to his YouTube subscribers.

This is a real business and this is how the big guys do it. If you can pull this off then do it, because I love this business model and so many people who I work with.

Here's exactly how to make money on youtube without ads, without monetization, without networks, without sponsors.

You don't need any of those if you do what I discuss in this podcast.

Proven and effective.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

You have probably seen other videos explaining how to make money on YouTube and they all say something about building a subscriber base, exchanging subscribers with other YouTubers and then getting paid by advertising or by sponsoring and you will be paid a few dollars per a thousand clicks.

That is the traditional way. That is not what I am going to talk about. That is not a very profitable business idea, unless you have hundreds of thousands of subscribers. I assume you do not and I do not have hundreds of thousands of subscribers either.

I am going to give you a business model that works if you do not have hundreds of thousands of subscribers. You are going to be able to make more money with this business model than with adds on YouTube or anything like that.

You have probably never heard of this business model before.

What if you took the people and instead of clicking the add they click on your link to go to your website. You can even have only a booking page on meetme.so (this is a website for booking pages), where they book a call with you.

What is this call for? This call is not to just chat with you, but just to talk to you, so that you can give them a free consultation session and then you can sell them your coaching or a different product or service.

Why is this good? This is good, because even if you have a thousand of subscribers you will have enough people to build a six figure business. I am not talking random numbers here. This is what I have actually achieved. This is what actually works on YouTube.

This is what happens if you do not just focus on adds and hope that advertises pay you enough for your clicks to be able to make ends meet. This is making a real business and not just relying other people to send you a few dollars.

What can you sell?

Let’s assume that you are an expert in one of the three big niches: health, wealth or money. How can you leverage your expertise into building a business and making money on YouTube?

The way to do that is to start making daily YouTube videos.

If you do not have a good camera, use your phone, put it on a tripod or hold it with your hand and have the light come to your face from a window. And then you start talking.

You can talk about subjects that you researched on Google keyword tool and you look up subjects in your niche. You have to create hundreds of videos in YouTube. This seems a lot of work and it is a lot of work.

Ask people to subscribe to your YouTube channel.

Generally what happens is that you build a subscriber base and once in a while you make a video saying that you have an announcement and you are offering your coaching services. Then they will go to your link in an annotation or below in the description.

They will sign up to your call and then on the call you can sell them anything you want. And then you can learn how to deliver a service or a product.

You need to promote your videos on Facebook and slowly build an audience. This can explode any moment if one of your videos ranks on YouTube and suddenly you can get 300 subscribers per day.

People are still hoping for those advertisement clicks, they sell their YouTube channels to networks. Even a channel with 170 000 subscribers earns only a couple of thousand dollars per month. That is not good compared to what you can do as a coach on YouTube who sells coaching or other packages or services on the phone to his YouTube subscribers.

This is a real business and this is how the big guys do it. If you can pull this off then do it, because I love this business model and so many people who I work with.

Here's exactly how to make money on youtube without ads, without monetization, without networks, without sponsors.

You don't need any of those if you do what I discuss in this podcast.

Proven and effective.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

You have probably seen other videos explaining how to make money on YouTube and they all say something about building a subscriber base, exchanging subscribers with other YouTubers and then getting paid by advertising or by sponsoring and you will be paid a few dollars per a thousand clicks.

That is the traditional way. That is not what I am going to talk about. That is not a very profitable business idea, unless you have hundreds of thousands of subscribers. I assume you do not and I do not have hundreds of thousands of subscribers either.

I am going to give you a business model that works if you do not have hundreds of thousands of subscribers. You are going to be able to make more money with this business model than with adds on YouTube or anything like that.

You have probably never heard of this business model before.

What if you took the people and instead of clicking the add they click on your link to go to your website. You can even have only a booking page on meetme.so (this is a website for booking pages), where they book a call with you.

What is this call for? This call is not to just chat with you, but just to talk to you, so that you can give them a free consultation session and then you can sell them your coaching or a different product or service.

Why is this good? This is good, because even if you have a thousand of subscribers you will have enough people to build a six figure business. I am not talking random numbers here. This is what I have actually achieved. This is what actually works on YouTube.

This is what happens if you do not just focus on adds and hope that advertises pay you enough for your clicks to be able to make ends meet. This is making a real business and not just relying other people to send you a few dollars.

What can you sell?

Let’s assume that you are an expert in one of the three big niches: health, wealth or money. How can you leverage your expertise into building a business and making money on YouTube?

The way to do that is to start making daily YouTube videos.

If you do not have a good camera, use your phone, put it on a tripod or hold it with your hand and have the light come to your face from a window. And then you start talking.

You can talk about subjects that you researched on Google keyword tool and you look up subjects in your niche. You have to create hundreds of videos in YouTube. This seems a lot of work and it is a lot of work.

Ask people to subscribe to your YouTube channel.

Generally what happens is that you build a subscriber base and once in a while you make a video saying that you have an announcement and you are offering your coaching services. Then they will go to your link in an annotation or below in the description.

They will sign up to your call and then on the call you can sell them anything you want. And then you can learn how to deliver a service or a product.

You need to promote your videos on Facebook and slowly build an audience. This can explode any moment if one of your videos ranks on YouTube and suddenly you can get 300 subscribers per day.

People are still hoping for those advertisement clicks, they sell their YouTube channels to networks. Even a channel with 170 000 subscribers earns only a couple of thousand dollars per month. That is not good compared to what you can do as a coach on YouTube who sells coaching or other packages or services on the phone to his YouTube subscribers.

This is a real business and this is how the big guys do it. If you can pull this off then do it, because I love this business model and so many people who I work with.

Here's how to sell on amazon, explained step by step. This is the private label method explained in simple terms so you can get started right away. Enjoy and let me know what you think in the comments.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

Amazon is the largest search engine anywhere for people who are holding a credit card and are ready to buy. It is actually better than Google.

If you want to claim part of this hundred billion dollar market, then you need to claim part of the search results. You need to put something on Amazon, sell something. You need to find out what product you can sell. Find a cheap product somewhere else and sell it on Amazon for more money.

How can you actually get started?

You go to seller.amazon.com and you register an account. This account is for people who sell products. You should register as an individual. Later on you will need to register as a business as your revenue grows.

You need an American or European bank account to be able to get money from Amazon. If you do not have that, then you need to join a service like world’s first and then you will be able to receive money from Amazon.

Where should you start on Amazon?

If you want to get started I recommend you start in the American website amazon.com. Later on you can upgrade to a country like Spain, Germany, France, Italy. In the beginning let’s start simple in amazon.com.

You want to use existing information on Amazon to determine what to sell. You will have a hard time competing with some products like phones. For example, it is hard to compete with Apple, Samsung or LG by creating your own brand like AlexVitkin phones.

There are smaller niches with less complicated products that you can compete with on the market. For example, if you go on Google and you type Amazon bestsellers you will find the Amazon website, where all the Amazon bestsellers will be listed by category. You need to choose a good category.

These categories can be accessories for phones, but not phones, baby toys etc. Do not go into super complicated products like cameras. Keep it nice and simple. Find a product, which does not have too many reviews. If your competition has many reviews, it will be really tough to compete with them.

How expensive should your product be?

If you enter the market you will see that most product are around $50. That is enough. If you go too expensive, you will probably not have enough money to buy enough stock to sell. If you go too cheap your profit margin will be too low. Try to stay above $20 and below $70.

The next step is to find a supplier. The best place to find a supplier is alibaba.com. There is a reason why this company became so big. Most of them are going to be from China, but there are suppliers from all over the world.

You need to go ahead and email the suppliers through alibaba and ask for samples and look how easy it is to work with them. Are these people reliable? Do they send it on time? And also look at pricing. Make sure you are not overpaying. Make sure there are discounts once you order bigger amounts. Make sure they have enough supply.

The next step is to create your own brand. What they have is just a white label product, blank sheet of paper.

For example, if you are selling usb sticks, it is just a brand list usb stick. However, if you put your own logo there and you use your own brand, suddenly people will recognize that. If you sell enough of that and people are satisfied, they are going to come back and find more.

How do you get a logo and create your own brand?

You can go on Fiverr and pay someone for a logo and also you need to describe your product in the description in Amazon. Make sure you follow basic sales letter strategies. Focus on the benefits of the product.

Here's how to sell on amazon, explained step by step. This is the private label method explained in simple terms so you can get started right away. Enjoy and let me know what you think in the comments.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

Amazon is the largest search engine anywhere for people who are holding a credit card and are ready to buy. It is actually better than Google.

If you want to claim part of this hundred billion dollar market, then you need to claim part of the search results. You need to put something on Amazon, sell something. You need to find out what product you can sell. Find a cheap product somewhere else and sell it on Amazon for more money.

How can you actually get started?

You go to seller.amazon.com and you register an account. This account is for people who sell products. You should register as an individual. Later on you will need to register as a business as your revenue grows.

You need an American or European bank account to be able to get money from Amazon. If you do not have that, then you need to join a service like world’s first and then you will be able to receive money from Amazon.

Where should you start on Amazon?

If you want to get started I recommend you start in the American website amazon.com. Later on you can upgrade to a country like Spain, Germany, France, Italy. In the beginning let’s start simple in amazon.com.

You want to use existing information on Amazon to determine what to sell. You will have a hard time competing with some products like phones. For example, it is hard to compete with Apple, Samsung or LG by creating your own brand like AlexVitkin phones.

There are smaller niches with less complicated products that you can compete with on the market. For example, if you go on Google and you type Amazon bestsellers you will find the Amazon website, where all the Amazon bestsellers will be listed by category. You need to choose a good category.

These categories can be accessories for phones, but not phones, baby toys etc. Do not go into super complicated products like cameras. Keep it nice and simple. Find a product, which does not have too many reviews. If your competition has many reviews, it will be really tough to compete with them.

How expensive should your product be?

If you enter the market you will see that most product are around $50. That is enough. If you go too expensive, you will probably not have enough money to buy enough stock to sell. If you go too cheap your profit margin will be too low. Try to stay above $20 and below $70.

The next step is to find a supplier. The best place to find a supplier is alibaba.com. There is a reason why this company became so big. Most of them are going to be from China, but there are suppliers from all over the world.

You need to go ahead and email the suppliers through alibaba and ask for samples and look how easy it is to work with them. Are these people reliable? Do they send it on time? And also look at pricing. Make sure you are not overpaying. Make sure there are discounts once you order bigger amounts. Make sure they have enough supply.

The next step is to create your own brand. What they have is just a white label product, blank sheet of paper.

For example, if you are selling usb sticks, it is just a brand list usb stick. However, if you put your own logo there and you use your own brand, suddenly people will recognize that. If you sell enough of that and people are satisfied, they are going to come back and find more.

How do you get a logo and create your own brand?

You can go on Fiverr and pay someone for a logo and also you need to describe your product in the description in Amazon. Make sure you follow basic sales letter strategies. Focus on the benefits of the product.

Here's how to sell on amazon, explained step by step. This is the private label method explained in simple terms so you can get started right away. Enjoy and let me know what you think in the comments.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

Amazon is the largest search engine anywhere for people who are holding a credit card and are ready to buy. It is actually better than Google.

If you want to claim part of this hundred billion dollar market, then you need to claim part of the search results. You need to put something on Amazon, sell something. You need to find out what product you can sell. Find a cheap product somewhere else and sell it on Amazon for more money.

How can you actually get started?

You go to seller.amazon.com and you register an account. This account is for people who sell products. You should register as an individual. Later on you will need to register as a business as your revenue grows.

You need an American or European bank account to be able to get money from Amazon. If you do not have that, then you need to join a service like world’s first and then you will be able to receive money from Amazon.

Where should you start on Amazon?

If you want to get started I recommend you start in the American website amazon.com. Later on you can upgrade to a country like Spain, Germany, France, Italy. In the beginning let’s start simple in amazon.com.

You want to use existing information on Amazon to determine what to sell. You will have a hard time competing with some products like phones. For example, it is hard to compete with Apple, Samsung or LG by creating your own brand like AlexVitkin phones.

There are smaller niches with less complicated products that you can compete with on the market. For example, if you go on Google and you type Amazon bestsellers you will find the Amazon website, where all the Amazon bestsellers will be listed by category. You need to choose a good category.

These categories can be accessories for phones, but not phones, baby toys etc. Do not go into super complicated products like cameras. Keep it nice and simple. Find a product, which does not have too many reviews. If your competition has many reviews, it will be really tough to compete with them.

How expensive should your product be?

If you enter the market you will see that most product are around $50. That is enough. If you go too expensive, you will probably not have enough money to buy enough stock to sell. If you go too cheap your profit margin will be too low. Try to stay above $20 and below $70.

The next step is to find a supplier. The best place to find a supplier is alibaba.com. There is a reason why this company became so big. Most of them are going to be from China, but there are suppliers from all over the world.

You need to go ahead and email the suppliers through alibaba and ask for samples and look how easy it is to work with them. Are these people reliable? Do they send it on time? And also look at pricing. Make sure you are not overpaying. Make sure there are discounts once you order bigger amounts. Make sure they have enough supply.

The next step is to create your own brand. What they have is just a white label product, blank sheet of paper.

For example, if you are selling usb sticks, it is just a brand list usb stick. However, if you put your own logo there and you use your own brand, suddenly people will recognize that. If you sell enough of that and people are satisfied, they are going to come back and find more.

How do you get a logo and create your own brand?

You can go on Fiverr and pay someone for a logo and also you need to describe your product in the description in Amazon. Make sure you follow basic sales letter strategies. Focus on the benefits of the product.

Here are the top reasons people fail in business, so that we can learn to avoid these :) Learn from the mistakes of others so that you can succeed at business.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

What is the first mistake that you can avoid? What is the first thing that I have seen from coaching more than 300 people over the past few years in starting your own business?

1 – People do not focus and they want to chase the new business idea of a new venture. Not everyone should become a serial entrepreneur. In fact 99% of the entrepreneurs should not become a serial entrepreneur.

If you are not able to start your own business successfully and reach it to seven figures, I do not believe that you should go ahead and start multiple businesses.

It is exciting doing the incorporation, it is exciting making the first sale, but people will give up, because they will never reach that level, where the business is solid, because they always try to chase the next dopamine hit.

If you are able to avoid this mistake, you will be able to differentiate yourself from so many other entrepreneurs.

2 – People do not set up their lives properly to support their business. For example, they still live with their parents or with people who tell them that it is too risky and they should get a job.

If you are going to start a business, you will need to dedicate a certain amount of hours to the business. If you do not want to do that maybe business is not for you. But if you want to do that, you should go out, live alone preferably. Make sure you have private space, which you dedicate to building a business.

Find supportive friends even if you have to abandon the old ones. It is worth it if you are committed to building your business. You are going to be able to find new cool friends, who are into business, who want to hustle and make stuff work.

You need a good internet connection. You need to have good sleeping habits. You need to have some stability in your life to build your business. Business depends on how stable and organized your life is. If it is complete chaos, your business will be complete chaos.

3 – People always forget. They go on a 3 week holiday, because they made $3000 and then they lose all sales momentum. If you really want a successful business, you should focus on that business, focus on building momentum and maintaining momentum. You need to believe that you can keep doing it and getting results.

4 – People get rebrain wash by someone with a stronger frame. If you meet a business owner and he likes what you are doing and if he offers you to work for him, then you will have a job. He will mentor you and teach you, but you are working on his dream.

You need to have a balance in your mind and in your life. On the one hand you need to be a little bit paranoyed with people; “Should I trust them? Should I buy into this?”. On the other hand you need to have that believe that people are awesome and they are going to help me. You need to have a balance on that.

5 – People do not keep developing themselves. They do not keep developing their mind, skills, , they do not keep developing every single part in their business.

What happens is if you are coasting along and if you are not hustling enough and making it move forward fast, you are actually going backwards. People go back to consumerism.

You play video games. You play and party all day and you go in debt. If you have those 4 things it is really hard to still be an entrepreneur, because you are focused on all these unimportant things in life and you are not focused on creating and building stuff.

Then you will get a job and you will be in traffic every morning and you are back to being mediocre. Do you want that? Sounds a bit harsh, but it happens all the time. Lots of people give on their dreams like that. Do not become one of them.

Here are the top reasons people fail in business, so that we can learn to avoid these :) Learn from the mistakes of others so that you can succeed at business.

“Want to connect on facebook? Add me on Facebook:

http://www.facebook.com/aleksander.vitkin

Follow me on Instagram: @aleksvitkin”

What is the first mistake that you can avoid? What is the first thing that I have seen from coaching more than 300 people over the past few years in starting your own business?

1 – People do not focus and they want to chase the new business idea of a new venture. Not everyone should become a serial entrepreneur. In fact 99% of the entrepreneurs should not become a serial entrepreneur.

If you are not able to start your own business successfully and reach it to seven figures, I do not believe that you should go ahead and start multiple businesses.

It is exciting doing the incorporation, it is exciting making the first sale, but people will give up, because they will never reach that level, where the business is solid, because they always try to chase the next dopamine hit.

If you are able to avoid this mistake, you will be able to differentiate yourself from so many other entrepreneurs.

2 – People do not set up their lives properly to support their business. For example, they still live with their parents or with people who tell them that it is too risky and they should get a job.

If you are going to start a business, you will need to dedicate a certain amount of hours to the business. If you do not want to do that maybe business is not for you. But if you want to do that, you should go out, live alone preferably. Make sure you have private space, which you dedicate to building a business.

Find supportive friends even if you have to abandon the old ones. It is worth it if you are committed to building your business. You are going to be able to find new cool friends, who are into business, who want to hustle and make stuff work.

You need a good internet connection. You need to have good sleeping habits. You need to have some stability in your life to build your business. Business depends on how stable and organized your life is. If it is complete chaos, your business will be complete chaos.

3 – People always forget. They go on a 3 week holiday, because they made $3000 and then they lose all sales momentum. If you really want a successful business, you should focus on that business, focus on building momentum and maintaining momentum. You need to believe that you can keep doing it and getting results.

4 – People get rebrain wash by someone with a stronger frame. If you meet a business owner and he likes what you are doing and if he offers you to work for him, then you will have a job. He will mentor you and teach you, but you are working on his dream.

You need to have a balance in your mind and in your life. On the one hand you need to be a little bit paranoyed with people; “Should I trust them? Should I buy into this?”. On the other hand you need to have that believe that people are awesome and they are going to help me. You need to have a balance on that.

5 – People do not keep developing themselves. They do not keep developing their mind, skills, , they do not keep developing every single part in their business.

What happens is if you are coasting along and if you are not hustling enough and making it move forward fast, you are actually going backwards. People go back to consumerism.

You play video games. You play and party all day and you go in debt. If you have those 4 things it is really hard to still be an entrepreneur, because you are focused on all these unimportant things in life and you are not focused on creating and building stuff.

Then you will get a job and you will be in traffic every morning and you are back to being mediocre. Do you want that? Sounds a bit harsh, but it happens all the time. Lots of people give on their dreams like that. Do not become one of them.