The Biggest Risk When It Comes To Making Money Online

On this episode of Driving with John Chow I talk about the biggest risk you will encounter when it comes to making money online. In fact, this is the biggest risk you will encounter in life. This thing is so risky, yet the majority of people are doing it, and they don’t even know it. Time to wake up.

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6 thoughts on “The Biggest Risk When It Comes To Making Money Online”

  1. Ron says:

    Whenver I see your in expensive cars, I feel like what the hell I am doing with my life with nothing on my pocket. You have really found a way to live life king size.

  2. Amen John. Your mindset has rubbed off on me.

    I left so many of those excuses behind many years ago, and almost all of them recently. I too understand that folks would feel this way as I don’t like feeling like a failure, feeling like a failure, feeling sheepish, but feeling these emotions is SO much better than to take the biggest risk of all: not doing a darn thing.

    This is the greatest risk of all, no doubts. Even more, it is life’s greatest tragedy. So many folks tell me they want to travel the world or do what I do, being a pro blogger who circles the globe, yet they do nothing to make it happen. Or they give in to their fears. Again; God knows I am aware of how scary this feels in the beginning. Terrifying. But I learned that feeling that terror in moments, or minutes, is worth living in Fiji for 4 months as a pro blogger.

    That day does arrive when you cannot trade time for money. Then you are totally screwed unless you built businesses based on generating passive income.

    Once you have assets, and you have built up a big time web presence, with minimum work you can make money. A good deal of money if you busted your tail for months or years, or if you did highly uncomfortable things to build a well known business.

    I’ve kinda programmed myself to see opportunity versus risk. This helps me see gain, versus loss, because all life is one big old opportunity and we never really lose anyway if we learn and love in the process.

    I could write this comment and nobody sees it. Or nobody clicks through to my blog. Did I waste my time? Did I lose anything? Heck no. 10 minutes of soaking up your valuable lesson and having fun writing, that is only gain to me. I lost nothing. I risked nothing. It was a fun opportunity to add value, to form bonds, and to write, and of course to learn from the online master.

    Gain, gain, gain. Loss may appear to happen but if you gobble up prospering opportunities, learn, and master the concept of release you will do really really well online and inspire a bunch of folks in the process.

    Thanks John 🙂

    Ryan

  3. Mirv says:

    Hey, sometimes I get a 500 server error when I view your website. Just a heads up, cheers

  4. Jame says:

    Awesome Post ! Thanks you for sharing

  5. Susan Velez says:

    Hey John,

    Awesome video and I love your car! You’re so right about the risk is when someone chooses to work for “the man” for 20 plus years and at the end they have nothing. I totally agree that that’s the riskiest thing to do.

    I understand people not wanting to venture out and do things on their own. It’s scary and it’s a lot of hard work. Much easier to rely on someone else to just hand you a paycheck for your hours worked.

    However, that’s not the way that I choose to live. I don’t mind hard work as long as it’s for myself. Plus like you said, I don’t want to be a part of the 98% of people who are either dead or broke by 65.

    I currently work as a WordPress freelancer, when I was building my business I thought, yeah I get to work for myself from my home. However, what I didn’t realize was that I was building a JOB for myself. I am still trading hours for dollars.

    So now I am working on removing myself from the equation to earn money. Like you said, it’s much better to be in a situation where you don’t need to be involved to earn money. Definitely, the right way to be.

    Sure it’s risky to start an online business. However, getting started online is so much less than buying a franchise business or any other business venture. If you fail, which many people do their first time around, so what.

    You just have to get up and try again. Sure your family and friends may make fun of you or talk about your craziness. (mine did at first) However, once you actually reach your goals, they will stop talking like your crazy.

    Plus you shouldn’t care what anyone else says or thinks. Set your goals and just go for them. That’s the only way to financial freedom. You just have to know that it’s going to take a lot of hard work.

    There are no push button systems in place. Thanks for sharing this video with us and helping us realize what the real risks in life are.

    Have a great day John 🙂

    Susan

  6. Alvin says:

    Thanks for the video John!

    I’m taking a risk to see whether I can succeed online with my blog. I agree that if you don’t do anything, you won’t achieve anything.

    Cheers.

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