If you are thinking of making money by running an online business, the question that is probably on the forefront of your mind is …
Earning Money Online: Can It Really Be Done?
A couple of years ago, I had the same question going around and around in my head …
I had read countless stories of people making millions online without ever having the experience of running a web-based business before.
He had heard people tell how they had made a fortune online selling e-books, seminars, or courses.
He had also heard about how easy it was to make money this way, so easy in fact: anyone could do it.
Being the born skeptic that I am, I was not totally convinced by what I had read or heard, so I decided to dig a little deeper and see if this really was a viable business idea. Could the average person on the street capitalize on it and really have a chance to make money online?
After all, he knew that if he was going to do this, he would be taking a big risk, investing a lot of time and a good amount of money in it.
So I started researching and found that some names kept popping up regularly, names like Robert kiyosaki, Mark Anastasi, Derek Halpern and Andrew Reynolds to name a few.
These guys are making millions from internet businesses they established with very little knowledge or investment and for a price they will teach you how.
Now, while these guys are at the top of the food chain and making unimaginable amounts of money, while looking at testimonials on their web pages and researching the people they have taught, I found many people who had learned from Mr Big’s themselves they have accumulated small fortunes.
Furthermore, further research showed that there are literally millions of people in every corner of the world making money online, making from $ 1000 a month upwards from their own web-based businesses.
So I guess the short answer to the question is a resounding YES!
Now we know that money can be made online, but what if you have no idea what you are doing when it comes to computers or the Internet? All these guys must be IT freaks, right?
Well, surprisingly not, not at all …
While some of the people who are making money this way have a good knowledge of computers, most had very little experience with that side of things before they started and some have not yet, they simply outsource those jobs to others who later do so. make. for them.
You see, one of the things I learned when I was researching this is that to make a decent regular income from your own online business, you don’t really need any IT experience or computer qualifications to be successful, just time. , determination and willingness to learn the basic skills necessary to make it work.
That does not mean that if you have all of the above, you will achieve it, in fact, for every person who does it, there are thousands who fall by the wayside.
People who start out with great optimism and purpose may soon become disillusioned with the amount of work they have to do initially to make small headway.
Why are they giving up?
What reason could there be for them to abandon their dreams?
I found that there were a number of reasons why everyone but the most motivated gave up, but most did so for one of three main reasons …
1. Money
When the uninitiated decide to venture into internet marketing, they seem to think that because everything is online, there will be little to no cost involved.
This, of course, is wrong. Even though you work primarily online, generally from your guest room it is still a business, and no business can run without overhead.
Assuming they already have a computer, expenses will continue to increase …
Domain names, web hosting, advertising, customer list building, products to sell (if you don’t develop your own), to name just a few that you will find initially.
Of course, some of these can be done for free or ‘cheap’, but that is often detrimental to the time it will take before they see a regular income, and some people just don’t have the patience to wait.
Which brings us to the second reason …
2. Time
The reason many of us decided to give internet marketing a try is because we have been seduced by the stories of people making thousands in the first few months of startup.
Although this can and does happen, it is the exception rather than the rule, when I was researching how long it took some of the more well-known names to make money, I was surprised by what I discovered …
Chris Farrell (online millionaire) It was one of the fastest to start seeing returns after just six months.
Derek Halpern (online millionaire) He built his business for twelve months before even deciding on a product to sell.
Steven Essa (Online Millionaire) Eight months passed before I began to see any return.
The world of internet marketing is full of successful people who spent a long time trying before seeing any return on their investments.
The moral of the story?
Don’t quit your day job just yet, but don’t quit your dream just because it’s taking longer than you expected.
3. Commitment
Many internet marketers have the illusion that they can succeed by working just a couple of hours a day …
While this may be true for already established internet marketers, it is certainly not the case for someone just starting out, in fact you need to be ready to put in the (long) hours that will be required just to get everything in place.
If you already have a full-time job, this will mean giving up your evenings and weekends and perhaps sacrificing time with your family and friends, as well as losing hobbies and interests (at least for a while).
Once you have everything set up, you will face more hours trying to build your customer list, keep your website up to date, write blogs, market your products, develop new products, etc. etcetera etcetera.
Believe me when I say there is a lot of time and work you will need to put in before you can reap the fruits of your labor.
In conclusion.
You can earn a comfortable income online.
For it to work, you will need a certain kind of determination and strong faith in what you are doing …
You will need the support of those closest to you and the right mindset to overcome the challenges you will face.
When you look at what’s involved and consider the sacrifices you’ll have to make along the way, along with all the hassles and frustrations of finding the right help, advice, and information, it’s not hard to understand why so many people give up. their dreams and go back to what they were doing before they had this crazy idea.
That being said, if you walk in with your eyes wide open and are aware of the obstacles you will have to overcome along the way and if you understand that it is a marathon rather than a sprint, your chances of successfully making money online will be enormous. improved.
Find out what you can really expect before starting your own online business. Download ‘The Five Things To Know Before Starting An Online Business’ here.