Tuesday, June 28, 2016

Failure or Success?

Over 95% of all people who try to make money on the internet fail. This is an incredibly high number, don't you think so? And that with all those "guaranteed" money machines out there.
So what is the problem? Why do most people fail while others make fortunes online? The answer is very simple. It's all about "stick-to-itiveness".
But let me explain it in more detail. Therefore we have to digress to offline businesses. Have you ever heard of anyone opening a shop in the city center and closing in up again after just one week to move on to the next business opportunity because there were not enough customers showing up during the first seven days? I am sure you haven't, because people do plan and execute offline businesses differently.
They have an idea, they do some market research, the look for suppliers, they rent a shop, they do some advertising, they have an opening party, etc. And after all the time and effort that they have invested they stick to it and work hard to make their new venture a success. Offline entrepreneurs just don't give up if their business is not in the profit zone after the first week.
But what happens on the internet? Your inbox flashes an offer of a "completely done for you automated money machine". You click on the link and watch their sales video which is really very convincing with all those account statements proofing that the system can generate thousands of dollars. So you buy into their program. You go through the tutorials - but usually not in-depth - and you set up your system; if you do... Because this is already the first big challenge. Though everybody promises a "copy-and-paste" system, it is not always that easy and many people already give up at this point. But let's pretend that you have set up your system. In the "business blueprint" that they sold you it all sounded so very simple: copy, paste, and drive traffic.
But there you have the next challenge. Unfortunately it is not that easy to generate high converting traffic for your offer, especially if you are new to the internet business. So you do not bank your first $800 in your first week as promised by the seller of the money-making-system. By the way: Nobody really promises that you will make a certain amount of money with their system. It's all just marketing. Just have a look at their disclaimer!
Anyway, we have reached the crucial point here. If the money does not start to roll in as expected, all those new "fail-proof" offers in our inbox get just too tempting. And you buy the next make-money-fast program that sounds still better than the first.
I actually believe that in the end, you can make money with every single one of those systems. Better still, if you set up an ethical, "real" internet business, selling true value to your customers. There are hundreds of different ways to make money online and most of them will work (unless they are scam). Just take a decision for ONE money-making-method and stick to it, until this business is in the profit zone. Then you can move on and start a second venture in another field to diversify your income streams.
So if you finally want to start making money online, all you have to do is to develop that stick-to-itiveness that all offline entrepreneurs have.
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