Making money online at first thought seems easy. After all, you only have to post an article or a video there and wait for people to see it. If you have enough people liking your articles or videos on Facebook, you will easily make money online. Right?
Wrong! Making money online is not easy as it may seem at first. You can put a lot of effort into promoting your posts and still not make a single dime. With all the online opportunities out there, you may wonder why some people are making money while others are failing in their quest for success.
In this blog post, we will go over the main reasons most people fail when going into an online business!
You’re Tricked Into Thinking It’s Easy?
I’m sure you’ve seen all the Youtube vidoes. “How I Make $7,000 online doing nothing.” Well, that’s a lie! You have to work hard if you want to succeed in any online business.
The first thing you need to learn is to tune these people out. Online business is not easy at all and it takes a very long time to achieve your goals. To make a full-time income online you need to work full-time hours.
How About Outsourcing?
You can go the outsourcing route, and in that case, you can essentially make money online without doing anything but that’s going to take a lot of money upfront in order to get it going.
The problem with outsourcing everything is that you won’t completely know the business. Putting in the time is sometimes good because it allows you to acquire the skills you need if you have to do it yourself.
Start the business yourself, learn how to gain momentum and once you have, then outsource.
Lack of a Plan
Some people fail because they simply don’t have a plan. They make a website and try to figure out what to do next… But if you don’t know what you’re doing, you will waste time and money! Take the time to research before you leap. Get your plan together first and then go for it.
Are You Willing To Learn?
You can’t be a successful internet marketer without learning! And not only the basics… But you have to keep on learning as well. There is always something new coming up, and if you don’t want to get left behind then you need to learn how to use it properly.
Keep yourself up-to-date with all the new things that are coming out, sign up for updates from certain websites, visit forums and always read articles that will help you learn something new.
Taking a course with a yearly membership is a great way to stay up to date. For blogging, I took the Passive Income Geek Course by Morten Storgaard which has a great community and also updates to let me know what’s going on in the blogging world that’s new.
If it wasn’t for this course in the first place I wouldn’t have a good game plan and I would be winging it.
Do your due diligence and you won’t ever have to worry about failing (or it will at least lower your chances by a wide margin).
No Consistency
Most people struggle with consistency when it comes to online business. They start strong for a few months and then they lose motivation.
The reason most people lost motivation is that online income could take years to get going.
The biggest thing to train is your discipline. The biggest consistency with successful people in this world is discipline. It’s the people who go even when they don’t want to go, who keep faith when everything seems lost, that achieve great results.
You have to stay consistent with your work ethic if you want any chance of succeeding online. It takes a lot of dedication and it’s not always easy… But once things are starting to pick up, consistency is what will make the difference between success and failure.
Below Are Some Things You Can Do To Increase Your Attention Span And Discipline:
Ditch Your Phone
If you’re working on an online project that doesn’t require using your phone, put your phone in a different room and get to work. For most of us, the biggest distraction we have is different apps like TikTok, Instagram, Facebook or whatever addictive thing people are using these days.
These apps train our brains to have a short attention span due to instant gratification.
Do Some Meditation
Meditation is a great way to train our brains to stay in the moment. The better we can get at focusing on the now, the better we can stay focused on our goals and task at hand.
Meditation is a great way to improve your attention span and discipline.
Time Blocking
This one is huge for me. Blocking out times for certain tasks is a great way to ensure that you get the work done. Once you’re done then you can take a twenty-minute break to go on your phone. Then it’s time to get back to work.
Get Good Enough Sleep
Last but not least, sleep is crucial. Our brains are not capable of working well when tired, so make sure you are getting enough rest each night.
I hope these tips will help you improve your attention span and discipline to increase your chance of success online.
Fear Of Judgement
A lot of people love the idea of making money online but when to comes down to it, they are intimidated by the judgment of others.
“What will my family and friends think? Will they make fun of me?” The answer here is simple…
Do whatever makes you happy and confident in whatever decision you make.
Don’t let anyone stop you from achieving your goals, and if they do… Well, you have to ask yourself if this person is a good friend or not.
I struggled with this one for a while, but then I realized no one even needs to know I’m blogging. Because I took action, my fear of judgment has decreased significantly. This even led me to start two of my own Youtube channels as well.
Taking action creates a domino effect because you realize it’s not that bad after all, so go out and just take action.
Skepticism
When it comes to most people, their first go around with making money online is something that’s not very realistic, or they fell victim the hands of a guru who claimed they can make money online in thirty days.
When things like this happen to people, they become an instant skeptic and are doubtful when diving into another online business in the future.
The key is to find the REALISTIC online businesses and when diving in, know it takes a long time to be successful.
Some realistic online businesses include:
- Blogging
- Youtube Channel
- Affiliate Marketing
- Dropshipping
- eCommerce
Conclusion:
These are the biggest reasons most people fail when starting an online business. Which one of these is holding you back? Leave in the comments below what holds you back the most.
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