Big mistake n.1:

Buying too much stuff.

The offers are sometimes so tempting that we might end up buying dozens or hundreds of products or services so that we can receive dozens or hundreds of other products or services as free bonuses.

But even the totally free products are not going to be helpful to you unless you have the discernment to know when, and how, to use them... If every day you are receiving new stuff then every day, unless you are just storing this stuff away meticulously, you will be spending a lot of time getting to know these new products and discovering how they are going to fit into your business, or how you are going to apply them in your life.

Don’t get me wrong, there really are many fantastic deals that offer, for a small payment, huge amounts of free stuff but suddenly we may find that we've overspent (a little bit here, and a little bit there, adds up eventually!) and we may also have no time to get to grips with all the new software, e-books, courses, coaching and conference calls. (Conference calls are a great way to get direct coaching, but if you're in Europe taking part in conference calls or webinars broadcast from the US then you might find yourself desperately trying to stay awake from 2-3am to accompany the call – that’s what happened to me).

The saying goes, "Time is money." Well, if you're not careful you'll find yourself with no more time and no more money (and we all need at least a little bit of time to generate our income - even if it's to put a 'passive income' system into place).