Answers to Your Questions

Very insightful questions

Thank you to all those who participated in the questionnaire I shared. I feel some of the questions need a straightforward answer. So, I am going to answer a number of them.

Q: How to figure out what you can do well to make money?

A: First, do not focus on the money. You can make money doing anything if you can think outside the box. Focus on what you love doing that is valuable to another person. When you discover what you enjoy doing, then focus on it to become very good at it. Become among the top 10% globally at that skill. Then, position yourself to be at the top. Getting rich is majorly about positioning. About passive incomes, start with one and make it solid. Then, you can start thinking of another.

Q: How happy are you?

A: For me, happiness is not a feeling, rather, it is a state. I live in that state 24/7. If something wants to take me off, I consciously bring myself back.

Q: Affirmations? Do they work to get you where you want to be?

A: The work of affirmations is not to get you where you want to be. It is to keep your mind focused and stayed on the state you want to be. This is why you must feel it every time you say it. Don’t just recite it without any emotions.

Q: How do I convince customers that I'm not just an employee or a freelancer? How do I get their C-suite respect?

A: People take you at face value. Mostly it’s about how you look physically. Dress for success. And speak with confidence. Act like a boss and people will start treating you like one.

Q: Things (results) money (really) can’t buy or produce

A: There is a whole area known as spirituality. I don’t want to laud my beliefs, but apparently money can’t really help you in that area. Money is an amplifier. It amplifies the kind of person you are. Also, money can help with relationships but money can’t make up for having a despicable personality.

Q: You seem to have a mindset that keeps offering fresh perspective. What got you started on the journey you are on and influenced your thinking?

A: I can’t answer that question in detail without going deep into my spiritual beliefs. My thinking is majorly influenced by the books I read and the people I listen to. And also, the things I hear that I disagree with. But I try to turn it into a positive tone.

Q: How to forge a broad and deep (self-gained/learned) knowledge into money? ;-)

A: There are many ways. An online course seems to be the most famous right now. You can write about it on a platform like Medium. You can create your own blogging platform. You can start a podcast or start making videos. There are several options.

Q: Why don't you try to make money from other things not writing?

A: Haha. I do. But first, you should understand that writing is my core skill. Almost everything else I do layers on it somehow. Yes, I make money from other things. That’s why I always talk about “my writing income”. That is different from my total income. I have several business interests. The writing income from Medium is the one I talk about openly. I have writing income that is not from Medium. And I have big business deals also. For example, there is a mining deal (real mining, not cryptocurrency) in which I am a partner. Maybe I’ll write about my crazy journey into that soon. I have investments, although I have taken a break from active investing for many months to focus on improving my earning ability.

Q: It would be great if you could use another blogging platform asides from Medium.

A: I have plans to start rolling out content asides Medium soon. Maybe video. And over the next couple of months, I will be giving myself a better exposure in the real world. I have some good things cooking :)

Q: How to increase income without selling, especially cold.

A: You have to sell something. You are always selling whether you realize it or not. If you learn how to sell cold, you will be very rich. And the way to do it is to know how to warm up prospects. You don’t walk up to people and start asking them for money. Have a system. Develop rapport. Understand people’s pain before you pitch them anything. Don’t go with the mind of selling things to people. Go with the mind of being their link to the next level they want. If they don’t want what you sell, then you will figure out a way to sell what they want.

Q: How do you prioritize your revenue-generating activities? I love mindset stuff and what not but I find I spend too much time 3-4 days a week on figuring out "what to work on" than actually doing work.

A: Just do it. Don’t think too much about anything you want to do. It is a habit you develop. The moment you think about doing things, just do it. Successful people make decisions very fast and change it very slowly if they ever change it at all. Make a habit of doing things the moment you think about it. Do it and move on. “Thinking” about what you want to do is a trap of poverty. Start before you are ready. Do the thing and you will get the energy to do the thing. Don’t wait till you have the energy.

***

That’s all for now. I hope you learned something

- David

[Feedback Required] I don't normally do this...

This is highly necessary

This newsletter just crossed 200 subscribers. And I want to say thank you to all of you, especially those who have brought in other subscribers.

But going forward, I want to improve my content.

I want to do things a bit differently. I want to serve you better. And I want to give you more value on the time spent on my emails. I want you to know that each time you open my mails, it is something relevant to you.

To make that happen, I need to know what you want.

I have an anonymous questionnaire here for you. Pls, be truthful as you fill it. It will guide me in understanding your needs. It will make me look for concepts, insights, ideas, and solutions tailored to your condition.

https://forms.gle/HFpkkKmngwBi4uUDA

It will take only a few minutes.

Gracias.

- David

P.S. There is a part in the form where you can ask me anything and I will answer it right here on the newsletter.

P.P.S. You know I normally don’t send anything else except on Tuesdays, so pardon this interruption. It is for the best, trust me. Don’t postpone filling this, you know how the things you procrastinate get forgotten. Just do it

My writing income doubled again

[Photo included, relevant to a previous lesson]

My writing income broke the $5,000 mark for the first time last month. And it showed me the power of a very important business lesson.

It is not so much about what is being said. It is about who is talking. If I came to talk to an audience about the state of the US economy, and right next door is the Secretary of Commerce of the United States making a speech on the same subject, who would you listen to?

Lucrative writing is not about writing. It is about branding. And very few people know about branding.

I am currently preparing a course for Medium writers. A kind of guide that will get them making steady $1,000 in a month. I just shared a sneak peek on one of the most important lessons with you. The course will be less than $1,000 though, but it won’t be cheap. So, if you are interested, get ready for that. I’ll get you more details later.

Branding is very important in business. Branding is simply what people see that makes them form a notion about your business. What idea or impression are you giving people? Only God looks at the heart, everybody else looks at what you are showing them.

Think about this.

- David

P.S. You remember I told you I was going to frame a quote on my wall. Well, I wasn’t kidding. Look at it:

This is it on my table, fresh from my supplier.

And this is its temporary home right in front of me. I am looking at it right now as I type this.

This is no game or marketing gimmick. Surround yourself with things that inspire you.

Release your brakes

Stop accelerating with your brakes on

Most people think they need a better strategy. They believe they are in the wrong business. They are looking for how to get rich in every venture except the one they are into.

I have seen people who have made millions in the cleaning business. In fact, there is a man I got to know that makes billions yearly cleaning oil vessels. It’s the same cleaning business some people beg to be paid a small change for.

You don’t need a better strategy. Your new strategy will not work until your mindset can make it fly. If you upgrade your mindset, you will be surprised how the very strategy you think is not working will start working effectively.

I read a book by James Newman recently titled Release Your Brakes. And the concept is based on the fact that most people are trying desperately to move forward in life while they are subconsciously holding themselves back. This is the same pattern of thought I had discovered from the work of Bob Proctor.

Do you think you can make 10 times what you are currently making doing basically the same thing you are doing?

What was your reaction to that question? Did you snicker at it? Or you couldn’t bring yourself to nod in affirmation? If you can’t bring yourself to recognize your roadblock, you won’t be able to go beyond it.

Before we go further, I must say this. If you are on a career ladder where the company or organization pays you based on time and promises you safety and security, you need to get out of there if you want to maximize your potential. Think of a work where you can determine what you earn by your productivity. That is a good place to start.

If you have that right already, I want you to study the top performers in your business, industry, or work. And by this, I mean the people making the most amount of money. Find out as much as possible about these people. They are usually very few and easy to recognize.

The next task is the hardest. I will keep repeating it. And this is it: Start behaving like the top performers. Do it in such a way that people will easily mistake you for one of them. Then, make sure your work ethic keeps up.

Dress like them. Talk like them. Walk like them. Treat clients like they treat clients. If a certain behavior is common to all the top performers you found, don’t say it doesn’t matter. JUST DO IT! It matters. It is the tiny details that separate the top earners in any industry.

There’s more. But chew on this for now. And I’ll keep reminding you about this.

This is the best time to be living on earth.

- David

I am framing this on my wall...

A little piece of advice worth seeing every day

I am tempted to start writing another book. But I am trying to hold myself back to market this one I’ve got. And I shared an interesting concept on Medium recently. The concept is to take one idea from the “Don’t Work for Money” book to implement every week.

If you have someone who is always asking you for money, get the book for the person. Some of my friends are putting pressure on me to coach them. But I don’t have a structure for that yet, plus I don’t know if they would take it that serious coming from me. I guess I will just charge them big.

I have had quite a lot of success on Medium and I am thinking of doing a course to teach people the best practices to earn on the platform. All this is going on in my mind and the thought of another book is creeping in. Whoosh.

The concept of the new book is on the importance of certain habits that make people millionaires. But that would be next year, I guess. I have to figure out how to sell 100,000 copies of this one before December. I know the book will change anyone’s financial life if they implement the things in there. And I know people are looking for such content.

(The book link and other things are on my website: davidolarinoye.com)

While all of that is dancing in my head, I got a quote from Dan Pena Sr. And I am going to frame it and hang it on the wall of my office, facing my setup. It says:

Get ruthless about trying something different

This quote made me do something very uncomfortable the day I saw it. What I did is still a little nervy even now. Maybe I’ll share it with you later. Or maybe not.

If it scares you, and it is moral, ethical, and legal, you should do it.

Don’t hold back. Give today your 120%. Tomorrow will take care of itself. Act on these things.

- David

P.S. I shared a piece of advice with some friends recently. And there is a part of it that strikes deep (if you are young): Work 120 hours a week. Live to work, don’t work to live.

Loading more posts…