Unfortunately, about 95% of those who try to make money online fail something terribly. But don’t give up hope yet. We’re in a new year. Making money online offers a better opportunity than ever.
There are 4 reasons people fail. They’re very common. If you’re not making money, you have undoubtedly become the victim of these pitfalls. Hopefully, after reading this article, you will know why so many people do not make a single dime. Then, you can avoid the pitfalls, settle down and build a successful online business.
Too much information
Most newcomers to internet marketing are studying too much information. They become so confused that they do not know exactly what to do. This results in doing too many things at one time. Instead of doing one thing good, they do several things bad. The result will be failure. Apply this by doing three things. First, stop studying information, and start taking action. Second, as you begin your quest for making money online, come up with one good idea, or one good niche, and stick with it. And third, don’t read any more ebooks until you have followed through and taken action. This will shift you in a different direction, and that is the last thing you want.
After you come up with that one great idea that is going to work for you, stay with it, and follow through from start to finish. Don’t get into the habit of switching your mindset while working, for example, to check your email messages, or to watch a YouTube video. This will severely break your concentration, and you will be hard pressed to get it back right away. If you know what you need to do, do it, and stay away from the distractions. Action means results. No action means failure.
Traffic vs Conversions
Many unsuccessful internet marketers think that once they build a fantastic website, the sales are going to just come in like clockwork. This is not true. If you don’t get traffic to your website, you are not going to make any money. Do I need to stress this any further?
Don’t listen to the Guru’s
The so-called internet guru’s probably do not know more than you do. If they have a miracle “push button” software that is guaranteed to make you money, then why are they wasting their time writing sales letters, developing products, and hosting seminars? Have confidence in your abilities, and trust your own good judgement.