Many individuals who set out to start making money online are able to succeed; a fraction of those individuals succeed in a huge way—earning a substantial income. There are other individuals, however, who attempt an online career only to fail. These are the individuals I want to talk about—and talk to—in this blog post.
This post is going to get a little real. If you aren’t making money online and you fall under any of the five topics I am going to discuss, you have to step up and realize that you are setting yourself up for failure. Every online entrepreneur or online business owner makes mistakes. What is important is that we realize those mistakes and learn to move past those mistakes and earn an online income.
Take a look at the three reasons you aren’t making money online I have listed below, and ask yourself “Am I guilty of this?”.
You’ve quit before you’ve gotten started. If you have told yourself that you are going to make money instantly with your new online business, you are kidding yourself. Making money online is harder than earning money at a normal job—especially if you are marketing a product or relying on website traffic. When you start your online career, you need to expect that you are going to have a waiting period—a waiting period where you will have to work hard in order to see some success. You will have to jump a few hurdles in your online business and that will take time. Don’t quit after two weeks thinking you should have instantly built an income.
You assumed making money online would be easy. Get that thought out of your head right now because making money online is not easy. Now there are a few exceptions to the rule; people who have rolled out a new idea that instantly blew up the market. Unfortunately, the odds are that person won’t be you. Don’t worry, it wasn’t me either. I have, however, learned how to earn a good income online—but I had to work to make it happen. Working online is harder than holding an outside job because in many aspects—especially if you are going to have to work your way up to sales.
You didn’t plan ahead. There is a lot I could say about this topic. First off, if you are quitting a job to start your online adventure ( a job that offers you a weekly paycheck ) you need to plan ahead before you quit. You are going to have to have money to live on while you are building your online income—and you may not want to dip into your savings if you have any. Don’t just quit and think you will make money right away (see topic 2 again), know how much money you need to get by and don’t quit until you can financially afford it.
You will also need to have an online business plan. Know exactly what you are going to do to make money and have at least two backups, just in case the first one doesn’t pan out. I believe in multiple streams of income. I don’t just make money with MCA, although it is my main breadwinner at this point. I earn income with a few other things—so if my MCA income isn’t huge one week, I still made some money from my other ventures. Don’t put all of your eggs in one basket! Plan everything out. Research all of the different online money making activities you want to participate in—before you begin your online money making journey.