01
Mar
2008
Posted by Mehul as Internet Marketing, Making Money Online
In todayâs troubled times, many people are looking for a technological solution to their financial struggles, and the easy accessibility of Internet Marketing is both luring and frightening. No longer is most commerce done face-to-face, and when conducted over the web you canât look someone in the eye and sense deception.
Yes there are incredible stories of rag-to-riches, but for every true story, there are a 1,000 scams, copycats and outright fabrications. No one wants to admit theyâve been deceived, so before you dive into an online business, take a few minutes to learn the difference between the Fantasies and reality. Possibly these tips will help you avoid the marketing pitfalls along the road to financial freedom.
Fantasy #1. Making Money Online is a Piece of Cake
So youâre starting to look for a home-based business and you Google âMake Money onlineâ; you end up with a torrent of offers promising tons of money can be made in just 30 minutes a day — if you first send them $49.99. âHurry this offer expires today, just give up your credit card number, and youâll be rich!â Hogwash!
Reality Check: Itâs not easy; it takes hard work and dedication. If it were that easy, everyone and their Granny would be e-millionaires by now. They would teach it in public school and no one would ever leave their homes to go to work again â now wouldnât ruin the world. While it is possible to learn the skills necessary to conduct an e-business, itâs simply ridiculous to believe you can make $1Million in just 30 minutes a day.
Fantasy #2: Anyone Can Make Money Online
âAnyone can do it, itâs as easy as Flying an Airplane Too!â âYou donât need brains to make money online cause we do all the work for you!â
Reality Check: Can you fly an Airplane (well I can, but thatâs another story)? You might be willing to learn, but it would take you 6 months to a year, and cost a lot of money. Are you willing to work hard to fulfill that dream? The same logic applies to making money online but only a few will pursue that dream with hard work, determination, and a bit of luck. Not every one has what it takes âThe Right Stuffâto pursue that goal, and more than 90% fail because they make common mistakes, or just donât stick with it. That being said, it is also true that: if you donât try, donât take action, you wonât make money online âever, no matter how many times you read this article!
Fantasy #3: Get Rich Quick!
âThatâs right folks, just join my Super Secret Club, and youâll make millions while you sleep tonight and you can kiss your boss goodbye tomorrow!â This kind of hype is fraudulent and cheapens the honest programs that are available online.
Reality Check: Regardless of the program you join, thereâs no such thing as an overnight success. Any achievement will come from persistence and hard work. Letâs clarify âquickâ: most would think a few weeks, or month, that in the right niche market the dough will automatically start rolling in, but thatâs simply not the case.
Most honest IMâers will tell you it takes year or more of dedicated work before most will see any kind of a sustainable income so itâs important to be reasonable in your expectations so as not to become discouraged and quit.
Fantasy #4: Zero Cost to Make Money Online
Reality Check: There is no such thing as a free lunch. While you wonât have the costs associated with âbrick-&-mortarâ business, such as overhead, salaries, etc., there are always costs involved in starting a business. Some of these costs may not be apparent as first, such as the hydro to run your computer and your Internet access, and your working budget will significantly impact your timeline of success.
For the beginner there are free resources available but âyou get what you pay forâ, but if you have no budget you can use them, but be aware some investment will be required along the way. Personally I like this rule of thumb: âDonât spend online what you havenât earned.â With that in mind, see my article on Blogging + Adsense = $Money.
Other costs that you can expect and should be prepared for may include:
You will also need proficiency to build websites, and mostly it will cost you TIME and patience. Donât go spending money on every e-book or program out there and use the free resources as much as you can. Remember: your goal is to make money, not build up dept!
Fantasy #5: It’s Too Late to Start Now âIâm too old to learn!
â I didnât grow up with computers, I canât understand them, and Iâm retired.â Donât even attempt to become a Google or a Johnny-come-lately MSN. You might just fail before you begin.
Reality Check: Itâs never too late to learn a new trick. If youâve read down this far and understood everything I said, you can learn to make money online. Just think of your favorite niche (thatâs a focused target sector of the market) as a solution to your budget-tight income. If youâre a little afraid of the internet (you canât be too afraid if you found this article âcongratulations), then find a local 12-year old to help you out!
Fantasy #6: If you Build it, They will Buy it.
Remember the movie, so just create any old web site, and even if there are 1,000âs like it, people will flock over the digital highways to buy from you!
Reality Check: Why should they? How will they find your site from the Millions that are out there? How will buyers even know your site exists? Now donât get discouraged, there are ways to help buyers find you! . If you have designed a site, have a good business plan, implemented it effectively, then the buyers will come to you. Gradually at first, then more as word spreads but not a moment sooner.
Fantasy # 7: Only Techno Geeks and Gurus can make Big money on line.
Reality Check: Well Bill Gates isnât one of those, and heâs made oodles of dough —because he knows how to outsource, or hire people with skills. Technology has advanced so rapidly that no one can keep up with it all, but the software available today helps you do most things with a click of a button. Now, with the help of What You See Is What You Get (WYSIWYG) editors, templates, tutorials, etc even a Granny can create her own website in minutes, or get your 12 year old grandson/daughter to do it for you!
Fantasy #8: Itâs all Just Hype, Smoke and Mirrors
Reality Check: Where thereâs smoke thereâs Fire! People arenât crazy to discard secure jobs to venture into online marketing. Not every storyâs just hype, but itâs not a piece of cake. Between the 2 extremes you must find the viable, intelligent, working system that will help you achieve great success, as long as you are ready to work hard and work smart.
The only failures in live are those who stop trying. Abraham Lincoln lost over 10 political elections before he ran for President â and won! Keep trying.
2 Responses
silvana cukrov
March 2nd, 2008 at 1:14 am
hi again,very nice post!
Nice job ,dear Friend!
Have a nice day and Regards
Business Info World
June 25th, 2008 at 11:47 pm
Hi Mehul,
Great work dear…Yes, You are absolutely right..there are lots of fraud marketer available in world so I have to aware of it…Even I have also lots of money from this kind of service…Well, can you tell me which kind of service you are providing?
Waiting for your response.
Thanks,
Business Info Worlds last blog post..How to decide effective white hat search engine optimization services
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