Friday, September 23, 2016

What Hard Work Looks Like

In yesterday's blog post I talked about the importance of working like a professional and not like a weekend warrior. Now I want to show you what that looks like in the contest of a sports opportunity.

Let's examine the fantasy sports opportunitie we discussed earlier this week and see what hard work looks like. With the other sports opportunities while I can tell you the activities required will be different, the amount of effort required to be successful will remain the same.

If you are a fantasy sports competitor your job is simple. Win as many fantasy sports contests as possible! What type of work does it require to be successful?

Success in fantasy is a LOT more in depth than picking the best player. There are a number of areas that you have to work at in order to be successful over the long haul in fantasy sports. 

They are as follows...

  • Managing your bankroll.
  • Sport selection.
  • Contest selection.
  • Opponent selection.
  • Research and analysis.
  • Putting together lineups.
  • Watching games.
  • Performance tracking and analysis.
  • Hypothesis, assumptions and data analysis.
  • Learning and education.

Now if you just want to play for fun and winning money is a BONUS, then all you need to learn is how to make lineups. Making lineups can be done in 20 minutes or less if you are playing just for fun.

It's like the weekend warrior softball player.

However, if your goal is the same as mine, which is to generate a substantial amount of income from fantasy sports...income that can consistently start to pay some and maybe even one day ALL of your bills, then you have to put in a lot more work.

So what type of effort does it take if you consider yourself a serious fantasy sports competitor? 

Let's use me as an example.

I have a very busy schedule. I work a full time job 40 hours a week minimum. During my busy season which is from February to July that can go up to as much as 60 hours a week.

I have a part time job. My part time hours vary but I would say on average I do about 10 hours a week. It can get as low as 5 or as high as 15+ but generally speaking I'm around the 10 hour range.

I am a father with two children. I have joint custody of my kids. I have my kids every weekend, most holidays that they don't have school and every other full week when they are out of school. So there is time spent with them.

I am actively involved in ministry both within my church and outside of my church. So there is time spent for that.

So despite this very busy schedule I still find time to put in anywhere from 10 to 20 hours a week into all of the activities listed above.
If I only had one job? I would probably be putting in 20 to 30 hours a week into playing. Even more if I didn't have any job.

That's the type of work ethic that it takes if you want to be one of the best.

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