Understanding The ‘Secret’ To Making Money Online
This is part two in this series of articles on how easily you too can set up an online business and profit from the world wide web. If you missed part one you can pick it up by clicking on this link making money online part1.
One of the things that never ceases to amaze me about people who decide that they want to start making money online is that almost everyone seems to think that there is some kind of magical ‘secret to earning money from the net. ,That there is somehow a mystical power or gift that the people who become successful online, something that the entrepreneurs know that everybody who is not so successful is sadly missing.
The reason that it amazes me is that it is simply not true.
There Is No Secret To Making Money Online
There are Internet entrepreneurs who are making millions of dollars online, that is certainly true, but there is no secret or mystery whatsoever behind their success. Most of them can trace the roots of their success to one central, core factor. That is that they started their online money making efforts as a proper business, no different than any other business.It was not a hobby, or just something that they were playing around with. It was a serious business right from day one, even if it was not necessarily a full-time thing to start with.
Silly as it may sound, running a business online is no different to selling used cars off a lot, or hawking brushes door to door. It’s business, pure and simple.
For those people that are making money online, who have already made millions online (and for those that will do) it is most definitely not a hobby or an interest. Now, that is not to say that you cannot earn money from an online business doing it part-time.
Of course that is possible and, indeed, the vast majority of people who are now huge successes started off doing exactly that. It is not so much a question of how much time you spend on your Internet business. It is a question of attitude.
Treat it like a hobby, a ‘plaything’ and you are almost certainly never going to succeed. Have the right attitude, and be willing to go the extra mile, and you are giving yourself the best possible chance of making it.
And, despite what I said earlier about there being no ‘secret’ to online success, there is something that most of these successful people know, something that many of those who have failed (and will do so in the future) are missing completely. That is that success in an online money making business is about leverage, and how to use it to make the most of the time that you have.
Let me give you a simple example to illustrate the point. Say that I live in a big city and I teach people to play the guitar. That’s great, because there are probably going to be enough people in my locality who want to know how to play guitar to keep me busy earning money. But, let’s say that I live miles from anywhere, that I literally cannot even see my nearest neighbor’s home.
Who do I teach guitar to now?
Plus, even in the big city, and even if I give one hour lessons all day, every day, I can still only teach one person at a time, and can only get paid by that one person for doing so.
Now, if I were to start teaching guitar on the Internet, then I can solve my two biggest problems in one fell swoop!
First, it no longer matters where I live, or how many people live near me. As long as people have a computer and an Internet connection, then I can teach them guitar. Second, I can leverage my efforts, and teach ten or a hundred or ten thousand people to play guitar, all at the same time!
And, of course, I get paid by each and every one of them to do so! So, I have multiplied my earnings power by a factor of several hundreds or thousands, without any more effort at all!
That is leverage and that is the big secret of making money on the Internet. There are several billion people all over the world now online and the numbers are growing fast. And, in theory at least, every one of those people could be your potential customer. So, can you begin to see how important leverage is? I hope so!
The #1 Mistake That You MUST Avoid Before You Will Start Making Money Online!
Some of the most highly paid people in Internet marketing are sales page copywriters, folks who create the sales pages for digital products sold online.
The reason that they are so highly paid is that the best sales copy can sell hundreds of even thousands of units of product, no matter how good or poor that product might be.
I know many such copywriters. They are good! Even after all of my years in the Internet marketing business, I still find that these guys can write such brilliantly hypnotic copy that the urge to get my card out is almost irresistible!
So, I can absolutely guarantee you that you will see sales pages for products that make whatever it is that they are selling sound like something that you must have, now!
Some of the products these guys write about are absolutely brilliant, and every word on the sales page singing its praises will be 100% true. But, do not be fooled, and, much more importantly, do not waste your money buying whatever it is that they are selling.
You simply don’t need it, however much the sales page ‘proves’ that you do! The #1 reason that most people will fail in their efforts to making money online is a lack of focus.
The people who fail generally jump around from one latest ‘big thing’ to the next, and never stay focused on one thing long enough to give it any chance of working. They buy a new ‘wonder’ product and spend a week trying to make it ‘happen’. When it does not, and they don’t become an overnight millionaire, they lose interest, see another ‘guaranteed’ money maker, buy it, and the whole pattern is repeated.
How do I know?
Because I’ve done it, and I know that most other people in Internet marketing have probably done exactly the same thing at some time or another.
We’ve all fallen for the idea that the other guy’s grass is always greener, and anyone who says that they have not is probably not being totally honest! Whatever it is that you decide to do to start making money online, stick with it at least long enough to give it a real shot.
Do not be distracted by this guaranteed money maker or that sure-fire wonder product, no matter how good they might sound, it will be useless and a waste of money if you do not need it!
Stay focused, work on one idea at a time, and do not buy anything that does not fit in with what you are doing right at the moment. Do yourself a favor by keeping your credit card in your wallet until you come across products that you actually need, and will genuinely enhance and build your online business.