5 Reasons Why You’re Not Making Money Online
Making money online isn’t the easiest thing to do but hell, it doesn’t stop thousands of people from trying. Most people fail at making anything decent. If you’ve been trying to make make online but aren’t, then here are 5 possible reasons why that may be.
1. You don’t know what you’re doing.
With all of the information on how to make money online, you’d think figuring out what to do would be a piece of cake. It would be if there weren’t so many damn scams and useless information out there. So many people are just out there to make a buck knowing damn well they’re taking people’s money without giving something of equal value or more in return.
Just look at all of those make money ebooks on Ebay. If those ebooks were of any value, why would the people selling them sell them for so cheap? Ah, because their method of making money is in selling ebooks on making money. It’s like network marketing where you obtain your dream by getting other people to buy into a system to obtain their dream but without the recruiting.
So what do you do to make some cash online? The answer is to provide tremendous value whether it’s a product, service, or just plain information. If you’re an expert at something, there are likely to be others who want to know what you know and would gladly pay for that information. If you’re not an expert at anything, then you can find products/services that you find tremendously valuable and see if you can get paid to promote them through affiliate programs.
Once you figure out what sort of value you can provide, your focus needs to be on getting exposure. If you build a site that is just out of this world awesome, word will get around and you’ll get plenty of exposure. However, for most of us, we’ll have to rely on various sources to get exposure such as search engines, social media, word of mouth, referrals, leveraged traffic from 3rd party sites, and so on.
Keep in mind that getting exposure and building traffic takes a lot of work. Programs or courses that try to sell automated crap where you basically don’t have to lift a finger to make money should be avoided unless you happen to be allergic to money and just need to get rid of it.
Different businesses will require different strategies. If you want to make money from your own websites, you can learn what to do here.
2. You’re a lazy bum.
Who said making money online is easy? Sure, there are ways to make a few bucks here and there without much effort but most of us want something that can be sustained. Success is hard. Making enough money to not worry about money is hard. It takes work, and lots of it. Unless you have the money to pay other people to do your work, you’re just going to have to accept the fact if you’re lazy, you’re not going to get very far unless you’re lucky.
Can you believe there are people who have figured out what to do to earn money online, step by step, and still don’t do it? I’m not talking about merely putting in a week’s or even a month’s worth of work. Anyone chump can do that. I’m talking about sustained work, over a long period of time. If you want sustained income, you’re going to have to work over a long period of time to get it. If you’re not willing to put in the work, then you don’t deserve to make a dime online.
3. You’re way too emotional.
Now there are some folks who figure out what to do, put in the hard work, but get discouraged over and over again. Building a business online is not like having a job. The income can fluctuate. One day you can be making the most you’ve ever made and the next day you can make less than half that amount. Yes, running your own business is risky but that’s why the rewards are so high. People who go into the right business can freakin’ retire in 5-10 years. How many people do you know who have jobs that can say they can retire within 10 years of starting the job?
Learn to deal with the ups and downs. If looking at your earnings or traffic every hour can make you discouraged and even depressed, then here’s thought: Don’t check your earnings/traffic every hour! I know that is almost childish to say but if you can’t handle seeing those low earning days, then don’t check your them so often. The longer you wait to check your earnings or traffic, the better your chances of seeing an acceptable average.
4. You don’t believe it’s possible for you.
Seeing other people making money on the internet is great but for many people, that’s not enough. Perhaps they think the people who succeed online are lucky or super talented or have tons of connections. Maybe they tried it once or twice but failed likely due to not really knowing what to do. Whatever the reason, because they don’t truly believe that it’s possible for them, they don’t give this business the effort it needs to even stand a chance.
When I first started out trying to make money online, I told a few people what I was doing and what the possibilities of having an online business are. Their reaction? Some said, “That’s cool, tell me how it turns out.” Others would continually bring up whether or not I’ve found a real job even though I told them this is what I’ve chosen to make my living from.
In their minds, because I wasn’t making much money at the time, they didn’t believe making a decent income online was possible for them. You may say thinking like that is reasonable and I agree. At the same time though, when I started, I didn’t know anyone personally who made a living online. All I had was success stories to go on but it was enough for me to at least see if it was possible and once I made that first dollar online, that was all of the proof I needed to know success online was possible for me.
Several of those friends are now wanting to get into the business after seeing me being able to financially support myself without a “real job” for nearly 2 years. Seeing my results gave them more confidence in the possibilities of this business.
5. You’re too impatient.
Making money online can take time. You can put in weeks and even months of work just to make a couple of bucks a day. Most people either have the get rich quick mentality or the job mentality.
The get rich quick mentality is thanks to all of those rip-off programs and courses that claim anyone using their crap can a ton of money in only a few weeks without much work. We want instant results. We want to step on the treadmill, walk for 10 seconds, and see if we lost any weight. Working hard for 10 years is for chumps. Buying the lottery is a great investment because for only a dollar, you can win millions without having to work.
With this mentality, putting in the work day in, day out without seeing much results in the beginning is going to drive you insane. You need to think more long term. Even if it takes you 10 years to make enough money online where you never have to work, wouldn’t it be worth it? Most people quit trying within the first year and that’s why the failure rate for online businesses are so high. Most people don’t even give their seeds enough time to get above ground.
The job mentality is basically, “I put in X amount of hours, I expect to get paid X amount of dollars.” In business, it just doesn’t work that way. Sometimes you will put in a ton of hours and not see very much money from it. The work you do today may not make you any more money until 3 months down the line but when it does, it can keep making you money month after month if you build the right business.
I made less than $10 nearly 8 months into trying to build my online business. Most people would say I would be nuts to continue at the time. Most people would advise me to just give up. Fortunately, I understood that this business can take time and because of that, I now enjoy a type of income that most people can only dream of having. Being patient is critical.
To Your Success,