Why do most people fail to make money online?
There are a couple of reasons as to why people fail to make money online. I hope this post will serve as a guideline for you and so that you can avoid these mistakes.
1. Want to make money easily/quickly
I wish making money was easy and fast. Unfortunately, it is not. It takes time and effort to make money. Most beginners fail to see this point. They start their initiative and expect to make RM10,000 a month after 1 month of marketing online only to be frustrated when that does not happen.
2. Too little action, too much reading.
Knowledge is good but ONLY KNOWLEDGE is useless. A large number of marketers spend too much time reading on SEO and MMO blogs. Not that they are not good or anything but after learning one thing, you should first APPLY what you know and wait to see the results.
3. Never move out of the comfort zone.
What you need in order to be successfull online is a good blog content, smart marketing techniques/tactics and effective monetisation. Most of us have a natural inclination for one of these skill. The successful ones take the effort and pain to work on things that they are not naturally good at but is required for succes. While people who concentrate on only one of the aspects perform way below their potential. I am aware that many of you firmly believe that content is king so here is an article from seomoz that you must read Great Content Equals Great Ranking, Right? Wrong. Marketing the right way IS necessary for your success.
4. Lack of faith in the idea to start with
I have yet to come across a business that moved EXACTLY as planned. There will be some unforeseen problems. You have to have perseverance because it is only a matter of time before your business start picking up. The point is if you are trying to make money online while you are not sure if it is possible to make money online, you are going to fail.
5. Lack of focus
It is tempting to start working on five different projects at the same time. At least one of them has to work. That is the sureshot way to make sure that ALL of them fail because you are not putting in enough effort in any one of them. I work on multiple projects but I never do it simultaneously. I will take up one project, get it to a logical point and then start working on another project AFTER the first one has started to stabilise.
If you need more information on how to make money online, come spend some 30 minutes with me on Skype and I would be glad to give you a presentation about it. My Skype ID is: drkamalshah
You can download Skype from HERE and after installing it please add me.
Thank you for your time.
To your success,
‘The Coach’Dr. Kamal Shah Pasir Puteh, Kelantan Skype ID: drkamalshah
‘Successful People DO Daily… What Ordinary People DO Occasionally’