Ruling Fear – A Real Life Example

Looking for more ways of bringing income into my life, I took a chance when I found a good deal and purchased some hardware to turn around and sell on eBay. After it was delivered, I’ve waited almost a week to post the auctions because I’m afraid of losing money. I know it’d be almost hard to considering the deal I got, but it seems like I’m afraid of not making as much as I’d hoped and it prevents me from taking the effort to create the auctions. Now I’m going to break through the fear and I’ll follow up with the links to the auctions in my comments, as a commitment to my audience and a demonstration of success through action and kicking procrastination’s ass. :)

4 thoughts on “Ruling Fear – A Real Life Example

  1. Ok.. total rewards for my effort topped out at $23. It’s not exactly the kind of profit I expected, but it’s more than what I started out with. I learned a few things that may make it more successful should I decide to do it again in the future. I should have gotten the auctions ready while I was waiting for them to be delivered. I should have listed the auctions immediately upon arrival, or perhaps even before.

  2. Joshua,

    I have NEVER sold anything on eBay, but I have heard the day you start and end your auction can also make a difference. Unfortunately, I don’t know what day they are talking about.

    Good luck with future auctions.

  3. Hold the Dollar Rule Your World

    Today, all Americans are engrossed with the news reports of the stock market decline. You’ve heard the news reports and said to yourself “ I’m glad I am not obsessed with money like the rest of the country.” The question you should be pondering is “Why is our country obsessed with the stock market?”

    The stock market represents the bedrock of American society – capitalism. The stock Suppose an individual invested $1000 a year every year from 1925 to 2000 in companies that revolutionized the 20th century – AT&T, Ford, General Motors –, their estate would have grown to more than $$69,559,828. (This assumes no additional deposits and an average rate of return of 12.70%)

    The average American enjoys enormous accumulation of wealth/capital/money via the stock market. This wealth/capital/money has given them freedom; hence they are very concerned about the upward and downward spiral of the market.

    You are thinking “Freedom?! How can money bring freedom? We have freedom given to us by the Constitution.” Yes, we have implied freedom, yet the magnitude of freedom an individual or family enjoys can be directly related to their wealth ranking in society. This philosophy has been fundamental in America.

    Case in Point #1 Ross Perot. Perot utilized his millions to establish a separate political party to steal Liberal Republican votes from George Bush causing him to lose his bid for presidential reelection. Could an ordinary person do that?

    Case in Point #2 Oprah Winfrey. Who would have imagined that middle class, female Caucasians would hang on the every word of an African American spokesperson like Oprah. Their love for her has afforded her the title—“The Richest Woman in Showbiz.”

    Despite the fact that all Americans have freedom, the degree of freedom is not the same. All of the individuals in these cases illustrated have the ultimate freedom to do what they want, when they want to, where they want to. In essence, if you “hold the dollar” you have the freedom to “rule your world.”

    Ida B. Byrd-Hill is the President of Uplift Inc. and http://www.livinginstyleonline.com. She was the President of The Harvard Group Wealth Management L.L.C. for 10 years. She created investment portfolios, insurance plans and residential/ commercial financing. She is President of She has served as guest columnist for the Michigan Front Page for 2 years and a speaker for the Better Investing television show hosted by David Chilton, author of The Wealthy Barber.

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