bulonja
Autonomous Tech Innovator
LEVEL 1
300 XP
Was low on motivation today and thus thought to vent out my feelings. Hope it helps someone. Why most of the people fail to make money online?
1) The primary reason in my opinion is that people are lazy. Yes you heard it right. Have you have ever thought why most of the online scammers are successful selling get rich quick schemes and fooling majority of people. This is because these schemes promise reward with minimum or no work. In reality there is no such method to make money online without giving sufficient time and effort.
2) Quitting after initial failures is another reason. Once a person fails to earn any money online in his first few attempts, he gives up. He starts looking for alternatives like offline methods.
In reality, success is all about how you deal with failures. You should learn from past mistakes and bounce back.
3) Third reason is not thinking about the long term. When you are providing a service and product, your focus should be to delight the customer so as to retain him for life time. These days when there is so much competition in all niches, only way to achieve this is by providing quality services at affordable prices.
Also make sure that you keep in touch with client and inform if about other related services as well. In most of the online money making methods, it is recommended to focus on building lists.
4) Fourth reason in my opinion is not adapting to changes. In the online world, things are changing quite rapidly. A method that is giving you thousands of dollars a day may dry up completely in few months. At such, it is recommended to remain updated about what is in demand these days and upcoming changes.
5) Finally, some people fail because they had put all the effort and money on single method. They do not diversify to multiple sources of income. If you want to make a living online, it is strongly recommended to learn different independent methods to make money online. For instance, if you are earning money as an affiliate marketer, try to learn blogging as well for another source of income.
1) The primary reason in my opinion is that people are lazy. Yes you heard it right. Have you have ever thought why most of the online scammers are successful selling get rich quick schemes and fooling majority of people. This is because these schemes promise reward with minimum or no work. In reality there is no such method to make money online without giving sufficient time and effort.
2) Quitting after initial failures is another reason. Once a person fails to earn any money online in his first few attempts, he gives up. He starts looking for alternatives like offline methods.
In reality, success is all about how you deal with failures. You should learn from past mistakes and bounce back.
3) Third reason is not thinking about the long term. When you are providing a service and product, your focus should be to delight the customer so as to retain him for life time. These days when there is so much competition in all niches, only way to achieve this is by providing quality services at affordable prices.
Also make sure that you keep in touch with client and inform if about other related services as well. In most of the online money making methods, it is recommended to focus on building lists.
4) Fourth reason in my opinion is not adapting to changes. In the online world, things are changing quite rapidly. A method that is giving you thousands of dollars a day may dry up completely in few months. At such, it is recommended to remain updated about what is in demand these days and upcoming changes.
5) Finally, some people fail because they had put all the effort and money on single method. They do not diversify to multiple sources of income. If you want to make a living online, it is strongly recommended to learn different independent methods to make money online. For instance, if you are earning money as an affiliate marketer, try to learn blogging as well for another source of income.