There are a lot of reasons that may cause your failure making money online, but these 7 reasons are the most common:
Always looking for fast and easy money
I think it’s the major reason why the majority of people seeking to make money online fails, and they even loose their own money trying to make it fast by looking for blackhat methods and get rich quick schemes.
Joining the bad networks
You should be selective and careful about the networks that you choose to work with, try to avoid programs which are time consuming and non-trusted.
Relying on classic & old programs
I see a lot of people that think that we can make real money online and generate a steady income by working with paid to ( click – surf – promote ) programs and they try hard to get the maximum of referrals to earn pennies a day from their hard work, crappy work!
Being broke
Yes, it’s true! When you are facing financial problem, I suggest you to not start an online business, because your need of money will cause you a disaster that you will worry to much about your bills and debts that you will not follow the correct strategy.
Believe in the wrong person
Don’t trust those crafty marketers who always ensure you with tons of hypes but broken promises.
Unskilled start
Let’s face it, starting an online business in order to generate money online and make a living required some basic knowledge as some marketing, writing and computer skills. So try to learn as much as you can in order to have a good start.
It really required good planning, discipline, and hard work if you really want to establish an online business that can make you a reasonable income that guarantee a living.
5 Comments
Jon
August 1, 2008 at 14:54hi Zak,
This is nice post but I find more than 12 reasons people fail to make money online.
For example wrong niche market
wrong keyword
don’ know how to used the basic tools available for them.
and so much.
by the way you have a good blog.
Nicholas Chase
August 4, 2008 at 17:59Zak, so true!
I started with the (free!) Black Ink Project and Black Ink 2 telecourses with Jeremy Palmer, at Quit Your Day Job, (still free to join). He goes over the basics, having a solid business plan, getting a business license, choosing Sole Proprieter, LLC or S-Corp.,selecting your niche, researching your competition for the niche, designing your landing page(s), tracking your performing keywords (free Optimize My Site software!),and testing, testing, testing.
This is the professional approach to making money online, just like the ‘big boys’.
Your post’s are always consistently informative. Respectfully, Nicholas Chase
Jumbo
August 9, 2008 at 13:37Zak, on the whole, i feel it is the niche that one markets into is what is necessary. If a blog is gonna rattle about anything and everything, i really dont think that’s gonna add much value.
do let me know your opinion on this pal.
Zak
August 13, 2008 at 00:54Well, I really don’t care too much about the niches because the most important thing is to dominate the niche that you work on, that’s the point. I just got yesteday 19$ for 7 clicks from Google Adsense on a Wallpaper website that I run, so did you notice that the niche is not too important? You can make good money if you have good traffic! If you look only for high paying niches that you don’t know much about you’ll find big problems to promote your business in order to get good quality traffic.
Jack
December 25, 2008 at 20:32Nice post, and I totally agree with your point Zak.
Nice blog.