Why So Many People Fail Online

Posted by on Sep 7, 2007 in Earn money online

Why So Many People Fail Online

If you want to be successful in anything you do, it takes time.

It takes time to learn the fundamentals of tennis strokes, playing a violin or driving a car and it takes time to learn the fundamentals of earning money online.

This can take you from a few weeks to many months, depending on:

1. Your source of information:
– is it accurate,
– does it guide you with a step by step process
– does it offer simple tools to get you started

2. You
– are you disciplined enough to follow through
– are you distracted by hundreds of other offers promising you $3,000 in 30 days with 15 minutes of work per day
– how much time do you spend learning and using the knowledge

And of course many other factors. (Feel free to add them in the comments below!)

After you learn the basic principles how this works, you are now able to play. 😉

Do you know how well a tennis beginner plays after he has been practicing for 6 months?

He can keep the ball in play, but still years away from playing good tennis.

Do you know how well a beginner violin musician plays after 6 months?

You don’t want to hear it. 😉

Do you know how much money you’ll be making after 6 months working on your website?

You don’t want to know about it. 😉

In most cases between 0 and a few cents per day.

Here is how my earnings have grown in since I started my first website:

Earnings from online business

I earned my first dollars online with my first ebook: The Mental Manual For Tennis Winners which still sells today for $19.

That was 9 months after my first try attempt to build a website and earn some money.

You can see that I broke the $1000 per month in the 20th month.

By the way, when I started, my goal wasn’t to earn money, it was to share my knowledge. I later realized the potential of internet, mostly through Site Build It.

But the obvious thing is this: it takes a long time to learn, understand and apply the knowledge to your websites, but then things move much faster.

You don’t spend some much time learning, instead, you spend more time working.

You also refine your methods, learn from mistakes and slowly but surely become an expert in this field.

If I could somehow represent with numbers how a tennis player or a violin musician becomes better, the graph would be very similar.

But in our fast paced society where you can call anyone at any time, get anything from the nearest mall and just want more and more as fast as possible, people expect the online business to work the same.

And that’s why so many people fail.

In most cases, this is not true.

And that’s why YOU have a great chance to become financially free. With so many people failing, there isn’t much competition. 😉

With so many people looking for shortcuts, you will eventually come on top in the long term, if you do things the right way.

A website that earns me more than $6000 per month was built on one of the Niche Blueprints by Andy Williams.

100 of blueprints were sold and there are none of the competitors even close to the rankings I hold in Google for that niche.

100 people had the same information, same keywords and same instructions from a very good internet marketer.

My website dominates the niche because I understand the “tortoise process” as Ken Evoy calls it and invested a lot of time and effort in the website.

Most of my competitors were looking for a quick Adsense buck and slapped together a MFA site that no one wants to link to.

Hopefully this helps you get a better perspective on how to succeed online and how this process works.

I’d love to see how your earnings grew from the time you first went online until today and what are your thoughts on this topic.

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    25 Comments

  1. I agree – you cannot get a ‘quick buck’ in blogging – though many people still think so.

    Even so, I often have to keep reminding myself why I’m blogging – because I like it and I want to share the (some what limited 😛 ) knowledge I have.
    Money cannot be the main goal in blogging. If that’s the case, your blog will be full of ads and lacking in content – which won’t get you anywhere. :-/

    At this point, my blog has a Technorati Authority of 9, a Google Page Rank of 0, a RSS Following of about 10, 72 posts, and not a penny of earnings.
    But that’s because I just started.
    So, sorry, but I can’t give you any advice on how my earnings grew – because I don’t have any.
    Who knows, in two-three years I might! But then again, I still might not. (but I hope I shall be able to)

    [Reply]

  2. Woah – I just noticed that you only have about 12 posts here. lol
    But you do have that tennis blog…

    Well, best of luck to you and Freedom Ideas!

    [Reply]

  3. It’s definitely a long slog. I think most people get bored quickly because it isn’t always so much fun. Seems like you’ve done alright though. Good stuff.

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  4. I think this post does make it simple for people to understand. I do have a blog post that talk about the same topic, but it’s totally from a different point of view.

    [Reply]

  5. Thanks for the feedback, Ken.

    You’ve got some great posts on your blog so I’ll make sure to stop by more often.

    [Reply]

  6. At least when it comes to affiliate marketing 95% of the people trying it fail.It takes time to build the traffic you need to make any money online, and most people does not have the patience required.It is also hard work that is needed every day building that traffic.

    [Reply]

  7. There is one more reason not usually stated: People can’t find a viable niche, one that will be salable.

    So far, that’s been the case with me. In SBI’s Niche forum there are people who’ve had SBI for months and still can’t find something that will make money. Also, even after you find something viable, you need credibility which lots of ordinary people can’t muster up if they’re not absolute experts.

    [Reply]

  8. Hi Ana,

    Good point. So why don’t email me and I’ll try and help you out. 😉

    [Reply]

  9. Very wise post Tomaz.
    If you want so-called free traffic from the search engines it takes time, build quality content and quality links, in the end it is worth it.

    Well done, $6000 a month from one site.

    [Reply]

  10. Hey Tomaz,

    Nice write up.
    Exactly what i need.
    I just got a niche from Andy and i have an sbi account.
    I am looking at how to merge them
    Please could you tell me how you wenta bout this.
    You have email,or if i could email you.
    please reply

    [Reply]

  11. Hi Emeka,

    You can email me at tomaz (at) freedomideas.com

    And using Andy’s blueprint and SBI is easy – no need to brainstorm with the SBI tools. Just use the keywords supplied in the blueprint and write articles and then choose T2 and T3 pages.

    [Reply]

  12. I agree. To be in any type of business owner you need to be dedicated, have a great marketing plan, and never quit to succeed.

    Many people get into businessess and expect it to be run like a job where a boss stands over them and schedules their day. Business owners need to be able to motivate themselves to get the job done.

    The people who quit usually don’t put enough time and energy into the business, then they don’t see the results of someone who does and they get discouraged and quit.

    [Reply]

  13. I just started working on my website again after 6-7 months off. I just have to say that you have to keep working on it.

    And reading articles on Freedomideas always gets me motivated! Keep it up Tomaz, more articles now! 🙂

    [Reply]

  14. Hi Tomaz, Very accurate and entertaining information.
    Although there are very few barriars to entry in this business, it is still a tough place to make money. I’m about 7 months in, and still climbing a very steep learning curve, but I’m learning every day.
    Thanks for the post.
    Best Wishes!

    [Reply]

  15. I think that the main reason why so many people fail online, and I know why, is because people don’t persist. They tend to give up when things are not working for them. If you get into a good and solid program, do the work and never give up no matter what.

    When you don’t give up and do what is necessary to succeed, you are that much closer to real success online.

    Tal

    [Reply]

  16. Or what about information overload! I read and learn so much and I simply don’t know what to do first.

    I am 12 months in. Having fun with my site…but not sure where to go next.

    Your article on the importance of keywords in the title has helped. I think I’ll be redoing a bunch of that…. as I remove Amazon links from my site…. I’m in Colorado. They dropped us last week. Anyway I’m rambling.

    Thanks for the readable and understandable blog written so the average person can understand!

    [Reply]

  17. Hi Tomaz:

    I just “discovered” you yesterday when I ran across your post about keywords and brainstorming on the SBI forum. I learned a lot from those 580 or so posts. Thanks for the good work.

    Regards,

    Mike

    [Reply]

  18. Thanks a lot, Tomaz. I abandoned SBI Forums for a while to be able to read everything you write. This particular post made me feel so good, because I have issues with patience. My site is only 7 weeks old, has around 30-45 unique visitors per day and brings me 0 and few cents from AdSense :), but now after reading your story I see the future bright. I just wanted to thank you for what you do for people like me. Thank you!

    [Reply]

    Tomaz Reply:

    You’re welcome, Elena. I checked your site; make sure to break down large chunks of text into smaller paragraphs for easier reading.

    I hope you didn’t miss my post on 5 Must Dos from the SBI forums – it should help you focus on really important things to get more traffic.

    [Reply]

  19. Thanks a lot, I read your post in forums and I will revise my content for breaking it down into more paragraphs. Thanks for your advice!

    [Reply]

  20. Your absolutely Right! I started SBI only a few months ago and have the beginning of success. I learned, through you to make sure your topic has over 3000 searches a day. This has meant i have been able to make many mistakes because the traffic is out there, I just have to take my share. I can make the repairs needed without long term effects.

    I am in a network marketing company, and this has give me the skills to work at my online goals for success. The reason NM has given me the skils is because daily we have to face negatives (loads of them), and theres no way to carry on to succeed without developing ourselves.

    I would advise anyone to pick up some self development ideas from Youtube, cds,or books. People like Jim Rohn have inspired me to change my financial future and learn the inner skills to make it happen.

    Whenever there is a system in place, which SBI is and a top notch one at that, we just have to follow in others steps. I have no need to reinvent the wheel, just learn, follow and be motivated daily by the potential of achieving long and short term goals.

    A couple of quotes i like…

    Failure is not a single, cataclysmic event. You don’t fail overnight. Instead, failure is a few errors in judgement, repeated every day.
    Jim Rohn

    Learning is the beginning of wealth. Learning is the beginning of health. Learning is the beginning of spirituality. Searching and learning is where the miracle process all begins.
    Jim Rohn

    Success is neither magical nor mysterious. Success is the natural consequence of consistently applying the basic fundamentals.
    Jim Rohn

    Thanks again Tomaz

    [Reply]

  21. Thanks for sharing the quotes, Jason!

    [Reply]

  22. good point sharon on info overload and elena on abandoning the forums because thats what I’ve done. I have had conflicting advice that its given me a headache. Tomaz, your stuff is a breath of fresh air. Thankyou, I appreciate your help here and also from when you first gave to me in the forum

    I still havent sorted myself out, no domain no keywords..lol, slowest tortoise eva, I just dont want to fall into this category of ‘why so many ppl fail online’. Luckily I am not out to make any money online, (just want to help my students pass maths) so I am not sure how I can fail (maybe if ken puts my website in the bin)?

    [Reply]

  23. Raks, give me a call on Skype and I’ll do my best to steer you in the right direction… My Skype nickname is tomymenco.

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  24. Just stumbled upon this post again and wanted to say I also broke $1000 in my 20th month! (just very very recent). I really hope my chart will be like yours. Thanks for all the wonderful information. I look forward to meeting you in Feb in London.

    [Reply]

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