Make Money Online

Why Do People Fail To Make Money Online?

I’d imagine you have an interest in making money online and you are very aware of the fact that that there are countless people out there doing it. At the same time, you probably realize that there are many who have tried and failed. However, have you ever asked yourself what the difference is between those who do succeed to make money online and those who don’t?

There have been all kinds of statistics thrown around out there with regards to the percentage of who fail and those who succeed. The number I often hear and read about seems to be around 97% or 98%. Supposedly, roughly 97% of people who make an attempt to start and run a successful online business end up failing to achieve this feat. I don’t know what the real statistic is or whether or not a lot of these online success rate statistics are just made up for whatever reason. In any case, I’ll tell you what I know to be the case based on what I’ve seen from my own experience.

First and foremost, I will say that I’ve seen such an incredibly wide and diverse range of people succeed online. It’s not about having the technical know-how or having grown up in a certain era or decade. It’s not even about being talented in a particular area. Often times, with the stories I read, it’s always the people who didn’t have a choice that end up succeeding online. The ones that had to make it work are the ones that typically saw the quickest results.

The ones who I’ve seen usually not succeed are the ones for whom building an online business is optional; it’s not a “make or break, do or die” situation for them. They’re the ones doing it simply because they want to improve their lifestyle, or so they can run their businesses from anywhere and sit on the beaches of the world. Their primary motive is not often always about making more money; it revolves more so around the freedom and flexibility that comes with running a business online.

A lot of these people who start an online business based on this idea of having more freedom and flexibility are in a situation where they have job or a stable career or even another more traditional offline business which enables them to comfortably pay their bills. They essentially are not in a situation where they would end up on the street if their attempt at an online business doesn’t work. As such, there really is no pressure to succeed.

If you ask me, I would say that along with quitting too soon, this is probably amongst one of the top reasons why people do fail to make money online. As a matter fact, I sadly find myself in this camp. I believe this is probably the biggest reason why I’ve been messing around on the internet on and off on a very part time basis since 2009 without really having had anything significant to show for it. Sure I’ve made a few thousand dollars over the years but I’m still not in a comfortable enough position to leave my “safe” corporate 9-5 job if I wanted to – as of the time of this writing.

So have I failed to make money online? No. But on a personal basis, I would say I have failed “THUS FAR” when I look at my big picture and the ultimate goal that most who jump online strive for – which is making money online on a full time basis. I say “thus far” because I haven’t stopped trying and won’t stop until I succeed. So here’s what I’m getting at: the reason people fail to make money online is because they quit. In fact, some quit waaay too soon. Those who eventually succeed are the ones that are stubborn enough to not quit and are persistent enough to keep going until they reach their ultimate goals no matter what.

This is only my fourth post on this blog and the beginning of what I figured/decided will be my first significant thing I’ll have to show for my online money making efforts 😉

Because there are countless different methods and tactics you can employ to make money online, it is very important that you stick to one in the beginning until you start to see results. There’s nothing worse than being pulled in all different directions online and trying to do too many things at once because you’ll end up doing nothing in the end as I’ve come to learn the hard way.

So, my method of choice to really get me rolling is going to be blogging here on this site. A healthy portion of my posts are going to be product reviews on a variety of products in the internet marketing/make money online niche. I’ll essentially be looking to drive traffic to the blog and make affiliate commissions from the products I review or talk about in general; pretty straight forward and nothing particularly fancy on the surface.

Why this method you might ask? Well, it’s tried and tested and I’ve seen so many people succeed with it. More importantly, I’ve had some small success with it in the past but then got completely scared away when google came by and “picked my pocket” clean with their Panda algorithm updates. I stopped making money from my sites literally overnight and essentially gave up on the idea of using search engine optimization to rank my sites and make affiliate commissions. Looking back, I shouldn’t have completely abandoned blogging the way I did and wish I had just continued so here I am starting all over again trying to make up for lost times :p

So you might saying to yourself, it didn’t work back then for me so what makes me think it’s going to work this time around. Well, let’s just say back then I was doing things with my sites that I shouldn’t have been doing and as a result, I got penalized for it by big daddy Google. This time around, I won’t be trying to take shortcuts and will try to focus on providing much better quality content that’s more useful to others. Sure it’ll take more time but it will pay off in the long run.