Thursday 16 March 2017

9 Reasons Why People Don’t Make Money Online



            
            It is quite unfortunate that not everybody who comes online truly makes money.
            Some fail as a result of jumping into every make-money-quick scheme they come
            across, hoping to make it the easy way without knowing that it requires efforts
            and much analysis for one to succeed online. While the other group suffers from
            inconsistency: they would quit before realizing income, and many other reasons why
            a lot who who come online do not always earn income.

            There are many reasons why these people do not make money, and these are what
            I have come to explain and ways you can avoid them and build your way
            through the right way of making good money online.

            Below are 9 reasons why people don’t make money online:

  1. They Buy Everything They See Online

It is very good for you to spend your money buying lots of online products, because every other guru does that. But you need to follow one expert and build your knowledge through his materials and teachings, and then you can build your own business.

For instance, if you had developed interest in affiliate marketing, purchase all products related to affiliate marketing, and not buying affiliate marketing materials and at the same time buying into blogging, facebook marketing, SEO marketing and product creation e-books.

Also try to get an idea of the area you want to go and work out the processes. That’s exactly what a lot of us do: maintaining one area of specialization and expanding in the field. Even if you want to expand to other niches, you must wait until you have fully set up one and then you can go into another.

  1. They Refuse to Take Action!

A lot of people who complain of not making money online actually sit down in one place doing nothing. How can you make money when you refuse to work? If you had learned all the different ways of making money online without implementing what you have learned, you would still remain penniless.

Making money online is not all about what you know but mostly about what you do. So it is high time you get up and take action to join those who are reaping the fruits of their labor.

  1. They Are Not patient

Many people who come online to make money do not wait for result in one business model to do one thing aright. They would try one thing out this month and the next month they would jump into another new business idea.

There are many things that pay online if you really know what you are doing. If you want to make money blogging, then you should know that there are a lot of works to do, ranging from creating blog contents, driving traffic, building SEO, as the list goes on. Don’t expect to be successful overnight; it takes hard labor and patience for your labor to mature, and then the money will come.

  1. They Don’t Have Vision

For an individual to make money online, that individual needs to develop a good planning scheme. Vision acts as a dream catalyst. Therefore, for those who come online to make money to actually make it, they need to set goals and plan for the future. Vision keeps passion on and moving. So develop a stable focus for success in anything you do.

  1. They Are Confused

After reading a lot of materials about making money online, many people get confused about where and how to start. A blogger would tell you that blogging is the best, and at the same time an internet marketer would tell you how much you need to become an internet marketer in order to hit it big.

All these get people confused about what to do next. They don’t know whether to become a blogger, affiliate marketer, internet marketer, or to combine the whole make money schemes and start them at once. These people may not know that they need to develop one make money system, become successful with it by making some money before thinking of another business to go into.

Most people, after reading a material about making money with one particular scheme, need someone to take them by the hand and show them what they need to do. When they can’t find somebody to lead them, they get discouraged and prefer to look for something offline where they see people everyday.

  1. They Run a Complicated Website or Blog

A website or blog that doesn’t define a purpose within seconds of receiving a visitor will not make the owner any money. A website or blog that was built for the main purpose of making money should not have many tabs on it, and it should quickly tell people what the owner wants them to do.

Moreover, it is wrong to operate a multi-purpose website or blog. A well-defined niche gives meaning to the people, and not a truck-load of niches running on one website or blog, causing confusion to any visitor it receives. 

  1. They keep Procrastinating and Waiting for The Perfect Time

A lot of people who come online to make money spend too much time thinking, calculating and researching, for them to become completely perfect before actually doing anything. These people do not know that knowledge without action is completely useless.

The truth here is that you must not wait to be perfect before starting off online, if not you will spend the whole of your life waiting for the most perfect time to start. It’s good to acquire knowledge and skills online, research and learn enough, but you must not waste too much time in cogitation.

With enough good research you can start offering services to website owners, or rather start a fresh business online. As time goes on you correct certain areas where you make mistakes, pick up from there and continue. Feedback helps you to make changes and improve. You really have to work before the money will start rolling in. You will make money but not overnight.

  1. Poor Educational Background

Some make-money-online-quick schemes in the likes of Ponzi and Pyramid schemes have gained advantage on people’s poor education and burning desire to earn online.

It is only a person with enough internet knowledge that will know there is no easy way to making money online. Many of the BIG names I know have a website and dedicate time to working on it daily until they begin to see results.

Even if you prefer to offer services to companies and websites to get paid in the long run, you still need to build a portfolio, and your web presence is your most valued portfolio that will convince people to trust you and offer you job. 

  1. Lack of Money

Lack of money to pay for a domain name and hosting, social media adverts, Adwords for traffic, and materials for acquisition of knowledge and skills is often one of the reasons that people don’t make money online.

Money is also needed to pay for services like ad copy, copy for landing page, sales letter, keyword research software like WordTracker, e-book cover design, and so on.

When there is no money one gets stranded online and begins to do petty online jobs like free referral, data entry, paid to click emails, ads and signups that don’t take one anywhere. Most of them do it to get capital for building a real business online.

Conclusion

These nine are some of the reasons people don’t make a dime when they come online. If you are really going online with the purpose of making money, you should avoid these mistakes that many people make and join those who smile all day long.

Has this post helped you in a great way? Use the comment box to tell us how you feel after reading it.

If you did not get what you expected, or if you know other reasons why people don’t make money online that I did not include in the post, feel free to tell us on the comment box. Good luck!

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