Why So Many People Fail Online

Posted on September 7, 2007 
Filed Under Earn money 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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Comments

13 Responses to “Why So Many People Fail Online”

  1. Brian Purkiss on September 7th, 2007 8:23 am

    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 :-P ) 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)

  2. Brian Purkiss on September 7th, 2007 8:27 am

    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!

  3. Angel on September 10th, 2007 6:26 am

    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.

  4. Ken - Hoobin.com on October 31st, 2007 3:23 pm

    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.

  5. Tomaz on October 31st, 2007 9:18 pm

    Thanks for the feedback, Ken.

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

  6. Hoobin Secret Seeds System : Secret Seeds System PowerPosts Linking # 1 on November 7th, 2007 4:21 am

    [...] we both write a post name call “Why Most People Fail In Making Money Online“, Tomaz approach the topic from the personal development point of view, which is interesting. [...]

  7. Tom Lindstrom on November 29th, 2007 11:48 am

    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.

  8. Ana on February 13th, 2008 4:44 pm

    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.

  9. Tomaz on February 14th, 2008 1:25 am

    Hi Ana,

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

  10. Jeremy Hier on May 2nd, 2008 5:37 am

    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.

  11. Emeka on May 21st, 2008 5:33 am

    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

  12. Tomaz on May 21st, 2008 10:12 am

    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.

  13. Tina on June 19th, 2008 8:58 pm

    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.

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