The Top 3 Major Myths of Making Money Online
Everyone likes to make money online, especially Internet Marketers and popular bloggers around the world. So I thought I compile some of the top 3 major myths of making money online. In hopes to help you better understand the REAL picture behind this business.
Myth No.1 – You Can Make $5,000 in 7 days
Seriously it is real and it can be done, I done it not once but 3 times! Can you do it in 7 days yourself? Well maybe not. Why? Because I have something not many people build on and that is a big list, or connections to big joint venture partners. How long it took me to get either of one of them? Well about 6 months of soul searching online and many countless late nights talking to people online to get to know friends.
The only tip I can give about making this possible is the first thing you need to do is change the way you think about yourself. And you can do that easily by just telling yourself that you can MAKE IT! Make some changes to your life and purse what you think was impossible and make it happen! Always do the impossible to obtain the impossible!
I would strongly recommend you always push yourself to the limits of your capabilities and look far and aim high. After all who is to judge if you are capable enough?
Myth No.2 – Make Tons of Cash On Auto Pilot!
Well it’s true! You can make tons of cash on auto pilot. But the real truth is that it is not 100% auto pilot, you will need to spend maybe about 2 to 5 hour weekly to maintain it. What you mainly do every week is basically looking for more people to join your programs every week and do prizes to attract more customers.
It’s really lots of hard work to achieve auto pilot status, let say for example you want an auto income of about $1,000. I would say you need to spend at least 10 hours daily everyday to attain those results. On the average I spend about almost 5 to 10 hours daily on my online business, so it’s not as easy as it “sounds” but it does get easier and easier as you start getting results.
Myth No.3 – The New Secret Weapon To Get Traffic By The Thousands In Hours
We see all these programs very often online, especially in clickbank. Which basically tells you that if you follow the formula given you will get tons of traffic in the few days. Does it work for everyone? Well it depends how much work you put into it. What I can say that even free information you find online if you take MASSIVE ACTION on them it does work, it also applies to these get tons of traffic programs!
You will be amazed the amount of things I learn from just FREE information I find online or from reading just from article directories alone. Tactics shared online are quite unique in general so any traffic tactic out there all really do work but just that you need to focus on one method rather then tons of them to see a major effect.
Summary
Make money online is really possible but it is all possible as it all about a numbers game! That’s is why only 10% of the world get rich and 90% do not, as the 10% people will always do 10 times more productive work compared to the 90% of people.
Also lots of people know only on how to focus on the problems but fail to understand that they just need to understand why they fail on the situation and work on it to build more traffic to create sales. A smart online marketer will always see failures as lessons learnt and chance to improve in his work.
Once you master the art of driving massive online traffic and generating sales, all you need to do is perfect your skills in them and if you are smart hire someone to do it for you =)
|
If you’re new here and like what you read, please subscribe to my blog feed or sign up for free email updates. Thanks for visiting! |
Your site is interesting. I would take advantage from your blog contents.
By all means =)
Nice post…
The truth is it does take effort to start making money online, there is allot to learn. My advice is when you are starting out be like a sponge and soak up as much information and knowledge you can, blogs like this and mine give useful information, digest this information and use it to your advantage. It isn’t going to happen for you, you have to put in the effort, but the rewards will come if you do it right.
Matt Houldsworth
Earning From Affiliates
Hey thanks a lot for this post. It has helped me a lot with my online business tactics. Keep up the great work. I will be bookmarking this page for sure.
Great work Alvin. I will be back here soon.
Its like any buisness or doing anything where you are trying to “come out on top” you are compeating against many other people who are giving it there all. So to make money online you have to give it your all, and that may well mean 10 hours per day.
Wise advise, Alvin.
Reminds me of the typical mlm business model.
Myth 1: An mlm leader can show you his weekly income in four figures.But he did not share with you the hard work and effort that he put in to build his downlines.
Myth 2: Makes money on autopilot
In the early days, the maintenance fee or money is downplayed.You need some form of maintenance to go on autopilot.Well nowadays,people understand about the maintenance component in mlm.
Myth 3:
Just teach two people and the two people will teach another 4 people and before you know it,you get exponential growth of downlines.
Cheers,
philip
Nice post, dude!
You could be a great motivational speaker.
Who knows.. maybe one day.. haha
Hi Philip,
It seems that you are a very practical person. I am into MLM since 2000 and do understand well what do you meant here. But at the same time, it is also a fact that, a mlm leader can share all of his secrets that how his weekly income in four figures.
Koli
Blogging is all about sharing and I love to share as much as I can =)
All it means: 1. Mindset 2. Hard Work 3. Update yourself