Hey everyone, I've recently finished up putting together a service and now I'm going to begin my marketing campaign. It feels great when you put yourself in the position to succeed. What I'd like to discuss today is about the reasons why people fail to make money online. I would actually like to start a list of reasons why people fail to make money online. Why? Because if you know the reasons why people fail then you can easily avoid those mistakes, obstacles, improper thinking, etc. So I'll start off with 2 reasons why I believe some people fail to make money. First reason is... They DON'T take action! You can dream all you want about all the riches you're going to have. But if you don't take action towards making that dream a reality, then sadly you won't see it happen. Every successful person out there wasn't handed their success on a silver platter. They had to go out there and GET IT. You can't be afraid to put yourself in position to grab as much of the pie as humanly possible! If so, then you're going to be stuck in the same place while you see others making big money simply using the internet. The second reason is... The Competition! Where ever there is money to be made you can bet your bottom dollar that you'll find competition there as well. And when it comes down to making money, only the strong survive. You gotta be confident and highly aggressive so you don't get blown out the water by your competition. Also working smart has a big role here. Instead of competing you can always strike a deal of cooperation! Having a strategic alliance with another person who is making money, makes it all the easier for you to make money, and out compete the rest of the competition! So those are my 2 reasons why I believe people fail to make money online. If you feel like you can add to the list then it'll be highly appreciated. The more reasons we come up with the more we can educate ourselves and avoid costly mistakes, obstacles, roadblocks, improper mindsets and attitudes, etc. Thanks
mhmm, people take action, but don't stick with it. Before you know it, another opportunity comes along and off goes the focus. IMO it's all got to do with the burning desire to achieve a particular goal. If you don't have that, then you're easily distracted by something else. here's a great little book (no need to read the entire thing, it's short one-page sections on all kinds of "getting things done" topics) which is on Christmas special offer at the author's site (and no, I don't get paid for this, I just have the book and think it's awesome) www DOT markfritzonline DOT com/fritz-get-started-synopsis.htm (sorry, can't post links yet) if you buy from the author's site, it's even cheaper than amazon (at least over here in Europe) Veit
IMO the main reason most people don't make money online is money making websites. Ironically this is also the reason why some DO make money online. There are literally millions of websites selling ebooks that show you how to make money, and most of them are written by people who struggle online or whose main source of income is...... wait for it...... selling ebooks. This leads people into thinking that it's easy to make money and that the key to success is following to the letter a simple algorithm that can be found in these ebooks. It's not. In fact it takes a lot of hard work, dedication and most importantly knowledge. The people who go for these get rich quick schemes are the Joe Sixpacks who, through no fault of their own, are doomed from the start. There is money to be made here, but it's not easy. In fact it's just as hard as making it in the real world.
Information over load is what holds back a lot of people. Focus on one idea and work on it, don't get side tracked.
Promotion is also good.Sometimes we don't have enough fund to promote our products.Then will fall behind our competitors. By the way,customer service is also important.It help you keep your brand and old customers.Never overlook it.
Hey guys, Thanks for posting your reasons. I hope that everyone can take note so they can be wise to these pitfalls!
I can think of a number of other reasons as well. However it is a good start. Thanks for sharing sire.
The number one reason people fail to make money online can be attributed nonchalant attitude to work. The younger generation of which i belong to today expect to have everything handed to them. Perhaps they need to e told that the missionary way (hardwork) is still active.
I agree with some ove the above. It's important to decide what method you want to use...whether it be creating & selling info products, selling someone elses products or whatever. Then get into a work mode and keep doing it. If you write how-to guides, look for niches outside of 'how to make money' (My latest which I just put up is on how to makes sausages at home!) do your research and go for it. But keep going for it. Then - just as importantly - when you are making money in that way - Look for another way as income from anything is never guaranteed to continue, especially on the net
Yup main reason i think is the laziness of the people , they think that without working hard they can make money easily but i guess hard work is most important if you want to survive the competition and only few could do it.
Giving up too soon is a major reason. Although it is easy to do if you are not making money immediately.
I find I get into a bad spiral like this: 1. Read a lot 2. Start a method 3. Read one negative thing about that method and give up. 4. Start reading a agin
One of the big factors I find is that people don't treat making money online as if it's a business. Just because it's online and things can be done quickly, doesn't mean that you don't have to: Plan Do research Work Hard Invest time and money Be accountable Have accounts (real and forcasted) and all the other things that go into having a business...