Thursday, February 2, 2017

Make Money Online Fast: The Myth Unravelled

The myth of making money online fast.
We've all seen the ads, promising us we can start making hundreds, or even thousands of dollars online within the next few days, if we buy this or that (usually quite expensive) program.
Secretly, we probably all wish that would be possible! After all, it would be like winning the big jackpot!
Let me be clear about this from the start: most of these ads are frauds.
Unless you already have vast online resources, or a vast knowledge and experience in the online marketing world, there's no way you will be making hundreds of dollars a day online (regularly) in just a few days, or even weeks.
Building any kind of business from scratch, online or offline, takes time, experience, and in the case of an online business, many different skills. Skills which most people have to start learning at the moment they decide they want to make money online.
Relativity
Most, if not all of these ads, play with the relativity of words such as "fast" and "quick". Words like fast and quick only get true meaning when used in a comparative context.
When you compare the evolution of most real world businesses with that of online businesses, one could indeed conclude that certain online businesses start making money much faster than real world businesses. Especially when you consider that in most cases, brick and mortar businesses require loans to start-up. Loans which must be paid off before you start making any real money for yourself!
In most cases, it will take a few years before an offline business will be generating some serious money.
With an online business, this can indeed be much faster. That is, if you know what you're doing!
What they don't tell you
In all honesty, I must say that some of the ads and programs out there do have some validity in that they actually do give you the opportunity to start making money in a relatively short time.
However, apart from the relativity aspect, there are usually also a few things they don't tell you in the ads.
First of all, like in virtually all kinds of businesses, money means speed. If you can spend $1000 a month or more, on top of what you paid for the program, you will start making money online much faster than someone who can only spend $100 a month.
After all, most forms of effective marketing and outsourcing cost money, which is not included in the original fee you paid for the program. The more you can spend, the faster you'll have results.
Secondly, creating any kind of business takes time and effort. No matter how much money you pay for any kind of online business program, it will not work if YOU don't put in the work!
In this case, putting in the work usually means learning the necessary skills first, after which you can really start working to make money online.
These things take time, and if you already have a full time job, your available time is limited and it will probably take you many months before you see any financial result at all, unless you have tons of money to spend.
At the other hand, if you don't have a job and not much of a social life, you could be spending 60 to 80 hours a week on learning the necessary skills and developing your online business model, in which case you have a realistic chance of starting to make money online within 2 or 3 months.
At this point, your choice of business model will become extremely important, because it is this choice which will determine how much money you'll be making and how fast you can scale your online income.
Conclusion
It is possible to start making money online in a relatively short time period. However, how short that period will be and how much money you'll be making will strongly depend on your background knowledge, your financial situation, and last but not least, the time you have available to learn and develop your online business.
Online businesses are not the goose with the golden egg, or a winning lottery ticket. They do however provide possibilities which are extremely difficult to find in the offline world, and they are definitely easier and cheaper to build.
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