Only hard work is not enough. You need to understand these points to make money.

1.Truly profitable people calculate probabilities.

Be mentally prepared for failure and reserve the capital and qualifications to turn things around. Don't blow all your resources at once, or you'll be left with nothing. Never say you don't have enough capital. With little money, adopt strategies that suit your situation, and with more money, adopt strategies that take advantage of it. All large sums of money accumulate from small amounts.

2.start as an individual entrepreneur. It requires less investment, has lower costs, and has stronger risk resistance. Earn more when the market is good and avoid being burdened by employee salaries and high fixed rents when the market is bad. When business is booming, collaborate with other entrepreneurs and agents. When there's no business, everyone should focus on minimizing expenses.

3.Never say it's too late.

No matter how difficult or simple something is, someone will do it. What exists now will still have people doing it in three or five years. You may think no one buys music USB drives anymore, but millions are sold on online platforms. You may think no one buys keychains or car key covers, but they sell like crazy on online platforms. In reality, many people are still buying both online and offline. There will always be someone doing most things.

4.Do it a hundred times.

If you decide to embark on a project, do it a hundred times, for a hundred days, a hundred repetitions. Just like shooting short videos, if you can't make a hundred videos, persist for a hundred days, or do a hundred live streams, and you give up, then I'm sorry, but you won't be successful in most things. This is a failure in mindset because you're always looking for short-term, low investment, high-profit endeavors.

5.Consistency is key

Not frenzy. Take swimming as an example. If you learn for two hours every day, continuously for six days, you'll get the hang of it, and you'll remember it for a lifetime. But if you study for twelve hours straight, you still won't get it the next day. Many things are like this. Twelve hours compared to half a day may seem like the same amount of time, but the results are completely different. Consistency is about being persistent, saving energy, and being efficient. Frenzy is about fleeting enthusiasm, spending time but achieving half the results. The same applies to making money.

6.How to succeed in a project?

My experience is as follows: Identify the demand, research the competition, develop the product, start working, and then evaluate and reflect on the process. I can't think of anything more. The reason I can make money, generate traffic, and achieve results is simply because I think differently from others and take that extra step. When I see others being lazy, I secretly rejoice.

7.Break the established mindset

Warren Buffett once said, "You should learn to make money work for you, rather than working for money." In other words, if we want to make big money, we need to first understand that we shouldn't always toil for money, but rather make money work for us. This means embracing the mindset of "making money from money."