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Thread: Do you need talent to make money online?

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    Moderator Kay is a Premium Member
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    Do you need talent to make money online?

    This was the subject heading of Flippa's latest email newsletter, which I received today. Dunno why really, but it made me laugh. They went on to say that you don't need any talent, just hard work and determination. Do you agree with that premise or do you think you need a bit of talent too?

    I think you do need bit of talent at least. If you're a business bozo, can't write for peanuts, and can't do anything else that's useful in earning money online, then I'm not sure how you could be very successful.

    Perhaps I misunderstood and Flippa is suggesting that their site is a good place for people without any talent to make money online. What do you make of it?
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    I haven't received the newsletter (yet, I guess) but I don't think talent is necessary to make money anywhere, online or off. By definition talent is a special natural ability or aptitude. You don't need special abilities or aptitudes to make money. It sure helps having one or two but it's not necessary. And it doesn't mean you're an idiot if you have no talent whatsoever. To make money you have to create value. All it takes is identifying what value needs to be created and, yes, hard (smart) work and determination to create it.

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    Quote Originally Posted by Kay
    They went on to say that you don't need any talent, just hard work and determination. Do you agree with that premise or do you think you need a bit of talent too?
    There is no substitute for work, You can possess all the talent in the world, and without hard work it is useless. I believe anyone can learn whatever they set their minds to learning. There are no limitations to each person's potential, when the determination to persevere exists.

    Not everyone is blessed with a God-given talent but, I believe anyone can be whomever they choose to be and achieve whatever they set their minds to accomplish in life.

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    Moderator Kay is a Premium Member
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    Not everyone is blessed with a God-given talent but, I believe anyone can be whomever they choose to be and achieve whatever they set their minds to accomplish in life.
    Sure, it's possible to learn things and do them if you're determined and work hard. But is it not better to play to your strengths? I don't have much talent for music or languages. Is it not better for me to concentrate on the areas where I do have talent rather than try to become a professional musician or linguist?

    I think it's the same with business. There's a lot can be learned, and people can do things by rote, following recipes. But a talent for business and numbers and being able to communicate clearly will help to set you above the herd in business. Unless, of course, it's as Flippa suggests - no talent required, build a site to a recipe and flip it to some other person without any inherent talent for business.
    British Expat - helping people to live and work abroad since the year 2000.

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    Administrator Clinton is a Premium Member
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    Quote Originally Posted by Kay View Post
    They went on to say that you don't need any talent, just hard work and determination.
    Every MMO scheme has an incentive to make it sound achievable. It doesn't matter whether talent is required or not required, you'll sell more copies of the program if you say that no talent is required.

    It also depends on how you define talent. There are clueless people I've tried to help get started online, including dear members of my own family, but failed miserably. Some people have neither a rudimentary concept of business nor basic money management skills nor the smallest iota of common sense. They run hospital departments, they run schools, they work in government ... but they should only ever be trusted with other people's money (as politicians are) because they've not the blindest idea how to manage their own. They should not be playing with buying online businesses.

    People who shouldn't be encouraged to run online businesses without a serious slap around the head first:
    My neighbour who thinks that if you throw money on marketing you can make any dog of a site into the next Google
    The chair of governors at the local school who has the attention span of a juvenile goldfish
    My ever optimistic cousin in London who sees a half empty glass and calls it almost full and is always in debt because he's chasing the gold at the end of the rainbow
    My good friend at Rotary who thinks the world owes him a living and if he creates a site about his daily musings, he'll make a million bucks
    I could go on...
    Find the right business brokers to maximise the value you extract from your business and improve the chances of selling your business.

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    Publishing Mentor dsieg58 is a Premium Member
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    I think you have to qualify the question. If you have LOTS of money, then you're in a position to buy the talent of other people, in that case YOU don't need any personal talent...you just need money. But if you don't have any money, and have to do everything yourself, then yes, it does require talent and lots of of it, in lots of different disciplines.

    Hard work and determination helps, and that could seen as a talent in itself. However, internet is full of people who work hard, yet never make a dime. So it takes more than that.

    The same question could be applied to any business. Do you need talent to be an accountant if you have a calculator? Probably not (Although most accountants would probably disagree) but it certainly helps. At the end of the day, as some has already said here, you have to provide value. Talent in any business, or in any form, is the fuel which defines the value of the product or service.

    People tell me all the time "I just got lucky" (and I did....after 10-15 years of hard work) To all the nay-sayers who say it doesn't take any effort, or talent to make money online, (in the offline world) I have two words..."prove it."

    Slap up an ugly, tacky website, from a free template, selling the product of your choice with no background research. Don't use graphics, any marketing or copy writing skills, or SEO and lets see what happens.

    On the other hand, with no talent whatsoever, I could buy the best web designers, product/niche/keyword researchers, graphic artists, copywriters and SEO specialists around and I would probably "make money" but there is still no guarantee of "success."

    "Success" requires hard work AND talent. Or perhaps, it is where hard work and talent intersect.

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    Moderator Kay is a Premium Member
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    Absolutely brilliant posting, thank you.

    Quote Originally Posted by dsieg
    I think you have to qualify the question. If you have LOTS of money, then you're in a position to buy the talent of other people, in that case YOU don't need any personal talent...you just need money. But if you don't have any money, and have to do everything yourself, then yes, it does require talent and lots of of it, in lots of different disciplines.
    Sure, but you need some talent or at least the sense to hire the right people to do things for you.

    Hard work and determination helps, and that could seen as a talent in itself. However, internet is full of people who work hard, yet never make a dime. So it takes more than that.
    In my experience of making money online, I've often found that the rewards aren't correlated with the efforts. You can put a heck of a lot of work, blood, sweat, and tears into something and it doesn't reward you financially. Even when it's good work, carefully crafted, and done diligently. So I definitely agree on that point.

    Do you need talent to be an accountant if you have a calculator? Probably not (Although most accountants would probably disagree) but it certainly helps.
    Oh, that's very cheeky! LOL. I used to be an accountant and had a tribe of bookkeepers with calculators. Why would I need one? Accountancy is about providing information to enable decision making and also about financial reporting. There's more, of course, but it's not just about totting up columns of figures. Well, that's how I see it anyway.

    "Success" requires hard work AND talent. Or perhaps, it is where hard work and talent intersect.
    Yep, that's pretty much my point. You need to have some inherent ability or talent for what you're doing if you want to succeed.
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    Publishing Mentor dsieg58 is a Premium Member
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    Sure, but you need some talent or at least the sense to hire the right people to do things for you.
    Well, since I have so much money, and I'm so talentless, I can hire people who have the talent to hire the right talented people.

    In my experience of making money online, I've often found that the rewards aren't correlated with the efforts. You can put a heck of a lot of work, blood, sweat, and tears into something and it doesn't reward you financially. Even when it's good work, carefully crafted, and done diligently. So I definitely agree on that point.
    Or you can get an immense amount of satisfaction from what you're doing. While not a tangible success of making money, personal satisfaction and self respect is also worth something. I know a lot of "broke writers" but it gives them such self satisfaction, that they continue for the sake of the art, not the money.

    Oh, that's very cheeky! LOL.
    I seem to be accused of that a lot lately...

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    interesting question.

    to me online business (actually i guess any business) is all about the execution - getting stuff done. muddling through, always doing the fundamentals. whatever route you try.
    most people I speak to about getting started are just not prepared to get stuff done.

    we work with a lot of small business clients - we have to turn many down because simply they are not prepared to get stuff done that will lead to them making money online. they are not prepared to write, they are not prepared to test, they are not prepared to invest - etc. etc. etc.

    the fundamentals of making money online are pretty simple.
    I agree the detail is quite complex - but you don't need to be talented in the detail to make money online - you just need to get stuff done and get help if you need it on the detail.

    if every new person I spoke to just took 50% of the time they invest in reading stuff online to actually creating stuff online they would be in a lot better place.

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    Moderator Kay is a Premium Member
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    Well, since I have so much money, and I'm so talentless, I can hire people who have the talent to hire the right talented people.
    But how do you know you're hiring the right people to hire the talented people if you don't have the talent for doing that?

    Look, I can solve your problem, I need some work and will work for ten shillings a week plus a tin of dog food every two days.

    Or you can get an immense amount of satisfaction from what you're doing. While not a tangible success of making money, personal satisfaction and self respect is also worth something. I know a lot of "broke writers" but it gives them such self satisfaction, that they continue for the sake of the art, not the money.
    Yes! I could make more money if I tried but I enjoy life much more by doing things I, er, enjoy. It's not fun, though, if you don't make enough to pay your bills. That's a bit of a worry. It's about balance. I just do my own thing and then if I need help then I'll find a proper paying job somewhere. But it's still good, cos I only ever accept jobs I enjoy. No more washing dishes in a restaurant (yes, I've been there).
    British Expat - helping people to live and work abroad since the year 2000.

    The joy of Internet delivery - the cartoon illustrating this will make you laugh!



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