Monday, February 16, 2009

Why 99% of people fail in Internet Businesses Part 1

You and I both know that the vast majority of people who attempt to make money online end up not only never making a kobo, but also loosing what they started with. This doesnt have to be the case, but it is. As a result many have become skeptical about anything that has to do with the Internet.
Lets look at some of the reasons why:

1) The vast majority of adverts you see offering online opportunities dont tell the full story. For example in today's Complete Sports there is an ad with the caption: "Make N200k monthly selling information online" Its for a seminar with a N7500 FEE. What a prospective attendee needs to ask among other things is:
a) How much money do I need to get started after I have paid the N7500 attendance fee?
b) Can the trainer share his own personal experience on how he got started?
c) How saturated is the market presently?

2) Most people expect to make money online without doing any work. Read this and never forget it. You cannot make money without working expect you have money and then give it to someone to do the work for you (investing). Even thieves have to work to get money.

3) It was Mrs Roosevelt who said" All success proceeds from some sort of action." You have to do something and continue to do that something and other things to make your online effort work.

4) Don't forget that if it was so easy to make money, EVERYONE would be rich.Unfortunately VERY FEW people are financially rich.

5) Without a "List" you can't make real and lasting money online.

6) There is a vast difference between selling information on how to make money online and actually making money online.

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