Wow, almost every one of these posts have answered this almost dead on. I think one of the keys to not succeding is because there is always another lure dangled in front of you on the net to make extreme amounts of money in a different way. People are just chasing their tails this way never mastering one practice.
I have no idea about the veracity of the 97 percent statistic, but I do have some ideas on the reasons why some (wannabee) internet marketers fail: Not creating actionable, realistic and attainable goals Not creating a realistic plan Failure to attain wise advise from people who have reached their goals Not tracking progress and making changes as necessary to acheive ones goals Giving up too soon Following bad advice Not taking action There are more reasons, but I think these pretty much cover the basics -- and they apply to traditional businesses as well.
They fail because the are looking for a magical solution. A slution that will earn the 1000´s of dollars a day without them having to do anything. But the fact is: If you dont do anything, you dont earn anything...
1st of all basic knowledge... people just go throw wht others says.. i don't even bother to read or understand the actual parameters..
Many people want to make money quick and don't have patience. If it doesn't work out within the first months, they will just dump it.
Schnups, those are Golden Words! This is so true! The internet attracts many 'opportunity seekers'. The internet is like any other business. If you started a super store, would you expect to make untold fortune of profits from day 1? They why do people expect to make untold fortune from the internet and that too very fast, often in the first month?!
Most of the internet marketers failed because they don't have proper information about the user's who are using the internet allover the world. They don't feel secure on the internet payment. There are many chances of fraud. That's why the fail.There strategies are not good.
Lack of Focus and Effort - everyone wants something for nothing and when you see products advertised like I made $500 in the last 2 hours people just presume its easy to make a boat load of cash. When they read something and realise they have to do a bit of work to get something out of it then they move on and waste their time looking for the next golden egg!
I guarantee you its in the 90 something percent. This pattern is also the same in the "real" world. Some 3 - 5% earn earn most of the money being earned, so it shouldn't be too shocking.