Magic Ingredient To Make Money Online
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Let me ask you a blunt question: “Do you make money online?”
If not, why not?
Statistics show about 95% of the people who want to make money on the Internet fail.
The question is: Why?
Well, visiting forums, blogs and social media sites, the most heard answer to that question is: they don’t…
Photo Credit: Pixel Addict
While that may be true, this answer is just too easy, because the next logical question is: “Why don’t they take action?”
From my personal experience I can tell that one of the reasons it took me a while before I made money online was my believe that I wasn’t knowledgeable enough to sell, let alone to tell others how to do that. It took me some time to get rid of that feeling.
To a certain extent, I find that a valid reason.
An individual who wants to make money selling fishing gears online but who is not knowledgeable about fishing will surely fail. Even if his friend is doing well in that particular niche and tells him everything he knows, it doesn’t mean that this individual will also become successful. You have to educate yourself, because…
Is One That You Know About.
Still, lots of people are knowledgeable, yet they don’t make money online. So that still doesn’t answer our question. We have to dig deeper.
Thousands and thousands of future Internet marketers are learning. They buy one ‘make money’ opportunity after the other, because the latest one always seems better than all previous ones. All they do is keep learning and never try something. They are stuck in the ready-aim, ready-aim, ready-aim phase. They never fire.
Probably that’s because they can not make up their mind and make a decision to dedicate themselves to give a project a try. They just don’t…
And why is that?
If you ask me, it’s because most people are just looking for that one and only simple and easy to implement secret to become wealthy. They just will not accept that making money online -as most things in life- requires a lot of hard work, motivation, perseverance and dedication! They just don’t have the…
And that, dear reader, may be the real cause of failure.
In one of his latest post, famous marketer Terry Dean debunks 7 Make Money Online Myths. While he doesn’t explicitly talk about failure, his post contains a lot of the same elements mentioned in here.
A great solution for these problems is to find a mentor and it certainly will not harm you to go with Terry as he has an outstanding track record making millions online. And I’m confident that he will teach you everything you’ll need to become successful online, only..
Terry can’t force you to have the right mindset, to focus, to get an education and to take action.
Famous blogging expert Yaro Starak goes one step further. He says, that Sometimes You Have To Reinvent The Wheel, meaning that you have to have a special, even magical ingredient to become really successful.
But in that same post, Yaro states that not many students who took his Blog Mastermind course will build a profitable blog.
Believe me when I say that course is excellent. I took it myself and I will wholeheartedly promote it when Yaro opens doors again.
But my point is that you finally have to take action yourself.
I’m quite confident that Terry and Yaro feel the same and if they don’t I challenge them to comment on this post.
Make a plan, stick to it, get education where necessary and then… Take Action!
Any comments on this point of view?
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March 20th, 2008 at 4:31 pm
Hi Case,
I agree with what you said and this is definitely an interesting topic.
I think most people fail because they are so emotionally off track with what they want to achieve. It takes willpower to get what you want.
March 21st, 2008 at 6:00 am
Hi Yaro,
Seems we are in agreement for the most part.
Thanks for dropping by.
March 21st, 2008 at 8:49 am
This is very interesting, focus is I think the very important ingredient here..
Stumbled and Bookmarked!
nhick
March 23rd, 2008 at 9:02 pm
Thanks for sharing this great topic. I agree also focus on the things that you do is very important. And take ACTION to what you are planning to do. This two are important to achieve success.
March 25th, 2008 at 12:54 am
Case
I’m writing a section for Nathan Hockley’s new project, and this is exactly what I’m targeting. I’m doing up a case study for him of two guys who were in the same job two years ago. One still is - because he never took action. The other is living the dream life that the first one envies, because he took action.
It’s really so simple. Just do it!
Kevin
March 25th, 2008 at 4:18 am
@nhick Thanks for the stumble!
@Martin Taking action is the only thing that really counts and it’s as simple as that like Kevin says.
@Kevin Curious to your contribution. Could you make an extract from it and post it as a guest? Wink, wink.
March 25th, 2008 at 5:19 pm
If success was easy, everyone would be rich. You are right. It takes work and dedication. We as humans have a tendency to give up and quit. It’s trying to find you niche that takes the most work.
You gave a good reminder of what we need to do.
March 25th, 2008 at 6:09 pm
No success without action. Absolutely true.
It needs to be wise action (eg the need for focus).
I’m not sure we know all we need to know for wise action in the blogosphere yet. It’s awfully hard to get good information. The information there is tends to be hedged with doubts about its accuracy (eg what does a Technorati ranking really mean? Are google analytics much better?)
Also, people aren’t necessarily successful for the reasons they think they are. Sometimes we’re just in the right place at the right time. (There are two famous people who acknowledge that this was part of their success - Yaro Starak and Darren Rowse. How I wish there were more with their humility and honesty!)
We need to know of those who enrol in courses who succeed and who don’t and why. Very few courses even ask their students about this. Until they do we won’t be getting the kind of information we need.
Action is essential. Wise action is better. And we need lots more information before we will know what solid wise action is.
March 26th, 2008 at 3:55 am
@LaRene True. Now only those who persevere eventually will become successful, but at a cost: work!
As for finding niches: look at trends people follow and pay money for.
@Evan If you’re looking for great stats for your blog, Google Analytics is the best option imo. Technorati is more of a blog search engine.
Yes, Yaro and Darren are great, modest bloggers, but there are more of them. You will be amazed how many of these A bloggers will help you or at least respond to you when you ask them questions!
In any situation, no one knows exactly what solid wise action is. That’s why we also are entrepreneurs. We learn from our own mistakes and if we do, we can only become better and better.
Thanks for your comments guys.
April 1st, 2008 at 8:51 pm
Another interesting and inspiring topic! Thanks for sharing.. I agree, how would you become successful if you don’t put into actions all your plans and ideas?
April 3rd, 2008 at 9:50 am
Good points! I agree — if you want something, you have to get yourself out there and take action! Creating opportunities for yourself is one of the best ways to be successful!
April 16th, 2008 at 11:16 pm
This is an awesome post. I am a huge fan of taking action because I know what can happen when I have taken action myself.
Very inspiring and positive post I actually linked this to my own blog as its such a good post.
Taking action is amazing and so simple so just do it!!
To your success,
Tristan
April 22nd, 2008 at 4:05 am
The article was really nice and the reason why many people fail is because of their attitude to succeed in the first attempt itself and they don’t look beyond that.I believe that nothing is granted in this world including success.
April 30th, 2008 at 2:00 am
To make money online is a large percentage of today’s population goal in the recession that is upon us. Small business owners and most major companies are looking to make money online too. With webhosting ranging from 6.95 to 20 dollars per month start up cost and monthly fees are far less than running a brick and mortar business.
May 13th, 2008 at 4:30 pm
making money online is harder than it seems. When I first started it seemed like abundant riches were only a few weeks away. When I finally hit my first $500 profit day over 2 years later victory tasted all the more sweeter. Now I guess I have to pick up a drug habit and head off to drug rehab