Have you been trying to make money online but haven’t had any luck?
There is most likely a reason behind that, so let’s take a look at 10 reasons you might not be making any money over the internet.
Confusion
There is so much content on the internet that it can be confusing and you might get overloaded with information on how to make money online.
Stop trying to read every single guide you come across, just take it step by step and you will eventually learn the ropes.
A good rule to live by is to only get information off of websites that have been proven to be reputable and accurate.
If you keep reading from different sources, you are bound to run into misinformation which will just lead to more confusion.
Not Enough Money for Your Business Type
A lot of people love to think big, which is great, but if you are trying to start a business that requires a lot money that you don’t have, it won’t be successful.
A good way to avoid this is to come up with a business plan that includes all of the startup costs before trying to actually run it.
Remember, there are plenty of other ways to make money over the internet that doesn’t cost anything, such as blogging.
Not Enough Traffic
This is a bump in the road that everyone runs into. If you don’t get traffic to your website, you won’t make any money.
This is a part of the learning curve that all webmasters have to go through, so don’t get discouraged when you don’t see a great number of people going to your website.
Just keep marketing and figuring out the best ways to attract your target demographic.
Don’t Know How to Search Engine Optimize
Search engine optimization, also known as SEO, is one of the most important parts about online marketing.
The higher you are ranked on the major search engines, the more overall traffic you will see, which increases the chance of you getting sales.
A fast website also plays an important role in your search engine optimization so you should also consider getting your website a good host.
SEO takes a lot of time to master, so don’t expect to get a #1 Google ranking right away.
Ever feel like you just want to do the work later? Well, so do a lot of other people who never make any money online.
Procrastination is one of the biggest reasons people will never make money because they can always just do it later.
To counteract this, you should set goals that have a set date.
This will also help you to track how well you are doing and how effective your efforts are.
Following Get Rich Quick Schemes
STOP IT!
If you run into anything that sounds too good to be true, then it is.
So many people have been derailed by programs that claim to get them money within weeks, but really are just trying to get money themselves.
If you notice any programs that makes a 100% guarantee that you will earn money, ignore it.
There is no 100% chance to make money online.
Even fully experienced webmasters have had failed online businesses, nothing can be for sure and it will definitely take more than a few days.
Trying these programs will only delay you further.
Not enough Patience
Online businesses take time.
If you are in a rush, you will most likely fail.
It takes a lot of time and hard work to make your website popular and profitable so don’t assume that once it is up and running you will be making money.
Don’t Know the Proper Tools to Use
Tools can be a great help when doing business online.
Knowing which ones can help you in certain situations is almost essential for a smooth running business.
So do a little research on the tools that are available to you.
Are Uninterested in Your Own Business
If you started a business in an industry you hate, then you won’t even want to put in the time or work that it takes to make it profitable.
Why start an online retail store that sells purses when you are really passionate about something else?
Do something you love!
Wrong Mindset
Thinking that it is impossible to make money online, not believing in yourself, and other negative mindsets will push you away from your goal.
You should be excited and proud about your business because your mindset will reflect on your overall business.
Image courtesy of Stuart Miles at FreeDigitalPhotos.net
Hi Erik,
Lack of patience and being confused are huge reasons Erik. Smart post! Get clear on your niche, target your audience with keywords and stay consistent. Money flows in following targeted value, and of course, growing in proportion to your network.
Thanks!
That’s right, Ryan.
We need so much patience to make our projects realize, both for online and offline world.
You added some nice tips.
It’s always great to see you commenting, my friend.
Enjoy your week! 🙂
well written post. i’ve also been into this kinda wondering too. when i’m into blogging new, i taught have 6-7 blog is the best way to make money online but i later discovered that right mindset, patience and the right steps is the key. keep up the good work.
Hi Emmanuel,
thanks for sharing your view.
Much appreciated! 🙂
I think the number 1 cause is lack of patience as you rightly stated! Many don’t have it all and hence will really find it difficult for them to make money online.
Persistance is the key!
Thanks for commenting, Emmanuel! 🙂
thank you very much