5 Reasons You Fail to Make Money Online

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5 Reasons You Fail to Make Money Online

By: Tim Koester

1) Get Rich Quick Scheme Congratulations! You have made the decision to make money online. However, watch out for one of the first traps you can fall into, that will ruin your chances at becoming successful. That is, the “Get Rich Quick Scheme”. We have all seen them and many have succumbed to their greed. These are the hollow promises of Instant Wealth, without any work. Yes, there is a lot of money to be made online, but it is going to take time and work to become successful, otherwise, everyone would be instant multi-millionaires. Don’t buy into them because they will make your lose the money you have, and you will not be any closer to making money online. 2) Don’t Treat it Like a Real Business If you want to make real money, you need to operate a real business. What does this mean? Create a business plan and set achievable long and short term goals. This will help you when you need to make business decisions, like how much to spend on advertising. By writing the business plan down, you can review your decisions to see if they line up with where you want to be. 3) Lose Focus Now if you implemented the solution to step 2, this will not be a problem. Maintaining focus is so important to being able to make money online. If you buy every opportunity that you come across, and you are currently using fourteen different methods to do so, you will not be able to put enough into one to make it successful. 4) Listen to Naysayers As a general rule, I would not listen to these people, in any situation. So why do we? Many times these people can be some of our closest friends or family. Politely, redirect them onto another topic, or maybe don’t hang around them so much, at least until you business gets off the ground. Be careful though; do not confuse this with constructive criticism of someone who knows what they are talking about. 5) Lack Patience Many times people fail to make money online because they lack the patience to see their work through to becoming successful. Stop giving up, before you have given it your best effort. It comes back to that work thing. Once you have put in the work necessary, you will find that you will make money online. Probably even more than you thought was possible.

Article Source: http://www.sooperarticles.com/business-articles/e-business-articles/5-reasons-you-fail-make-money-online-38002.html

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