For Those Asking "Why Am I Not Making Money YET?"

14 replies
Man, I remember the days before I join the warrior forum. I tried a few things, but by 5pm that day. I would ask this question....

And I know how frustrating this can be too!

But lets be frank, open and honest here and not sugar coat it!

The 3 Top Reason You are failing with this whole online marketing stuff is simple You pick and choose! :-


1] Brain Explosion On Information Overload

2] Procrastination

3] "Want Money Now" Syndrome



You might be suffering from just one, or hot diggity all three at the same time. Dont worry, it is common. But as a warrior I have been here before and would like to give my tips on how you can over come these and start earning some of the green stuff!


1] Brain Explosion On Information Overload :-


I am sure you know the feeling. Your brain feels like a ticking time bomb ready to go KAABOOOMMMM! market research, PPC, Articles, blogging, traffic, traffic, copywriting, conversions, autoresponders, aggghhhh makes you want to tear your hair out???

I am sure you know what I mean. I was there long ago, and I just felt like tossing everything away, and going to get a job at walmart or wherever.

It can get you stressed, it can get you down and you may even become depressed because of it. WTH, I thought this marketing stuff was meant to make you happy? right?

Solution

Well........ Here Is The BIG SECRET Almost anyone these days can come out with their own product. I mean anyone, even Aunt bertha can come out with her own IM product these days and make money from it.

Let's face it, even if you have bought 10 products about article marketing, they might be different but the message is clear. Write clear precise articles and make sure they contain really good info and make sure they are SEO'ed for ranking purposes. Yes, one product might be better than the other in terms of methodologies, but they all carry the same type of message. It surprises me to this day why people do not see this??? That is one of the main reasons for the info overload people find themselves in. Once you get stuck in this trap it is very VERY hard to get out!!!

Realize that many people have their own spin on the same methodologies. Accept it for what it is worth and realise that simple works. My highest earning site I have recently found is so successful because I have the simplest sales funnel. I get people on my list, I give them cool stuff, and if they like it they buy. I follow those buyers up with a simple 5 line email and some of them join my membership continuity program or newsletter.

There are 834 ways I can do this, and software to manage all of this, and ways to make the process better and earn more. But I just set it up to make something that works and that will bring in money even while I am asleep in bed.

Dont get caught up on the little intricate variations of the methods it takes to make money. Just get it done the way you know how. You can improve on it later. All that will be is just testing. The moral here is to get something, anything going. Doing nothing, and having nothing sitting in place on your website is not going to bring any money!

Stop buying different variations of the same method, and stop trying to learn everything at once. Do things step by step, and go to a well known guru or mentor and get shown how they manage and formulate their plans for making money online.



2] Procrastination :-


Don't you hate to ride the procrastination beast. It eats away at you without even knowing it. I can relate here because I use to spend so much time learning stuff, I never really had the time to sit down for a day and actually implement it. I would always tell myself, I will do it in a few days. YEAH RIGHT!

You learning the latest biggest CPA trick, learning from a stack of videos you have saved in your inbox, the latest secret article trick that has been updated. Have you ever stopped to realize the hours you have just wasted could have been spent doing something that could bring in money. Or learnt your own little tiny powerful secret trick that no one else has caught onto yet.?

I use to get caught up in the latest email, product, video trick yada yada, I was watching so much stuff I never had time to apply it. Its a vicious circle we seem to get in, and do not worry its not your fault. It just that we become addicted to being 'info gathers' and not action takers.

Solution

If you are stuck in this rut, it is not as hard to get out of it as you think. The thing I use to do is set a time limit in the morning say from 9am to 11:30am. For me that was a time where I banned myself from reading, and watching stuff, and I knuckled down and spent this time doing things, even if it was smaller like setting up an autoresponder message.

The whole thing is that you need to break free from your mind wanting to become an accumulate duct machine. So just like if you are quitting smoking, you cant go cold turkey, you have to gradually ween yourself off the cigarettes, i found the easiest way to do this was ween myself off all the info slowly. Do it less and less. If I got caught up again and found myself doing things that were not earning me money, I used and egg timer with about 30 mins cut off. So I could watch stuff and read stuff for 30 mins straight, and then when it run out, I would get back to work, and use my time for things I knew what make me money.

Realise the time you spend trying out the information you have learnt is crucial. But you just need to do it. I have a sign up on my wall above my monitor, with the NIKE sign. And we all know what that says "JUST DO IT!" and every time I look at that I know I need to get back to work and stop day dreaming!!!! Doing things will make you money, procrastination will get you NO WHERE, other than the deep dark depths of Info overload again, and we do not want to go down that road.

LEARN.....APPLY......LEARN......APPLY...... that is the quickest way to success I know. For me now it is about 30 - 70, meaning I spend 30% of the time learning. And 70% of the time applying. Ever since I have been doing this, and properly I am not surprised to see my income is increasing more and more.


3] "Want Money Now" Syndrome :-



I will be honest, This is related to the problem 2, putting things off till tomorrow. You want to get hold of something that can make you money by 5pm today! Not tomorrow, not next week, and not in 6 weeks from now.

In our society we want things now. But if you are not wealthy, with lots of money in your bank account dont expect it to happen. The worst thing here is that we try one thing, maybe buy a WSO, it doesn't work. So we throw it in the bin, and try to start something else also without thinking about it. Like flipping a switch we go walking mindlessly like a zombie trying to figure out how we can find that special instant money system like we were promised.

It aint gunna happen!!.

solution

You need a game plan, and work out whether or not you want a real business. Sit down and work out a specific plan for what you want. Create a vision and then work out the smaller steps you need to create to get there. You do not just want a money spinner, you want a real business. What niche do you want to be in? what products do you want to sell? What delivery methods will you be using?? etc etc....

First create a vision, & goals and then work out how to reach these as fast as possible. That is the quickest way to success. Be committed everyday and constantly view your plans and goals and then make it work. That will not just bring a few sales here or there, this will make the whole thing a lucrative venture. Don't tally up your sales, or keep checking sales stats, and your gmail every 5 minutes. Instead ask yourself have you done the best to serve and help your customers or people on your list. That is when you will start to see a real difference in your business and money coming in FAST!

Be persistent with this and watch how things will change quickly. It did for me! It is hard at first but with a little bit of time and patience you can really see improvements over the short and long term.

====

P.S. Here is the biggest tip of ALL! Never give up, I mean never ever. You will get it, it just takes time. Most of the people I see give up, do that right before their brain clicks and they "Just Get IT!" Make sure you don't give up before this happens.

Good luck, and I wish you all the best for your business!. May all your dreams and desires come into fruition quickly!

Celente.
#why am i not making money
  • Profile picture of the author charlesburke
    Amazing, isn't it, how those who are succeeding all sing the same song. Basics and execution, basics and execution. Thanks for the reminder - yet again. It's always timely.
    Signature
    MisterEbook.com
    Special offer for all Warrior authors... MisterEbook.com/warriorsonly.html
    {{ DiscussionBoard.errors[2819088].message }}
    • Profile picture of the author brendawyles
      Success is never been a one way process. No matter how great strategies are, without proper using it and without determination to succeed, then nothing will really happen.
      {{ DiscussionBoard.errors[2819131].message }}
  • Profile picture of the author everetro
    Thanks for a great post just when I needed it. I've been doing this for a couple of months now and the issues, especially the procrastination aspect, are starting to become prevalent. I suppose, in my case, it's the fact that I'm actually enjoying the process of producing content and the fact that, through certain methods, I could make money out of it makes the whole process even more enjoyable.
    {{ DiscussionBoard.errors[2819216].message }}
  • Profile picture of the author Roy Carter
    Nice post Celente.

    I would think that every single sucessful online marketer has suffered the 3 things you mentioned when they started out. I know I did.

    Once I realised that actually taking action and getting stuff done, rather than continually learning without implementing was the way forward, that's when things started to roll for me.

    People seem to fear the process of actually implementing rather than learning. You have to sometimes just get on and do it, even if it seems a little scary. Step outside your comfort zone just a little because that is where success often lies.

    I know that my biggest pet scare was public speaking. I had to make myself get over that.

    Since those days I have now spoken on stage many times, including at the World Internet Summit 4 times etc.

    So I repeat...Step outside your comfort zone just a little because that is where success often lies.

    Roy
    Signature
    "How To Hang Out On Various Exotic Islands Whilst Still Making Shed Loads Of Money...and stuff!" - Get your FREE ISSUE entitled...'A Quick, Easy $2,000 In Your Pocket By This Weekend!'
    >> ---> http://LettersFromASmallIsland.com/sq1.html <--- < <
    {{ DiscussionBoard.errors[2819252].message }}
    • Profile picture of the author celente
      Originally Posted by Roy Carter View Post

      Nice post Celente.

      I would think that every single sucessful online marketer has suffered the 3 things you mentioned when they started out. I know I did.

      Once I realised that actually taking action and getting stuff done, rather than continually learning without implementing was the way forward, that's when things started to roll for me.

      People seem to fear the process of actually implementing rather than learning. You have to sometimes just get on and do it, even if it seems a little scary. Step outside your comfort zone just a little because that is where success often lies.

      I know that my biggest pet scare was public speaking. I had to make myself get over that.

      Since those days I have now spoken on stage many times, including at the World Internet Summit 4 times etc.

      So I repeat...Step outside your comfort zone just a little because that is where success often lies.

      Roy
      Roy, congrats on your success....you hit the nail on the head there buddy!

      This might sound weird.... I would just like to thank all my failures right now.... LOL yes there have been lots of them....some very costly...but I did pick myself up and hit the ground running.

      Now I know what to do more of, and what to less off. Plain and simple.
      {{ DiscussionBoard.errors[2819283].message }}
  • Profile picture of the author woonkiat
    In my case it's more frustration as I've been doing things I was told to do but still no result! But still need to keep at it.
    Signature

    Old school inbox million blueprint = $18,000 into my clickbank account in 24 hours! Limited copies available at $67 for full step by step documentation...
    Get review copy on e-book
    --->Click here for full details
    Blog--->http://www.moneycritical.com/blog/

    {{ DiscussionBoard.errors[2819266].message }}
    • Profile picture of the author Tracey_Meagher
      Originally Posted by woonkiat View Post

      In my case it's more frustration as I've been doing things I was told to do but still no result! But still need to keep at it.
      Keep at it Woonkiat, you'll get there

      I'm beginning to the think the info overload/procrastination/want money is part of the natural process of maturing into a successful online marketer. Just like a kid growing up, IM'ers have to learn the landscape of this new world (info overload phase), think about how we're going to function in it (procrastination) and have dreams about our success in it (want to make money).

      The real secret is to get through it as quickly and smoothly as possible!
      {{ DiscussionBoard.errors[2819288].message }}
  • Profile picture of the author paulie888
    Great post, Celente. In reference to point #1 above, this can really drive anyone nuts if they've learned from 10 different products with 10 slightly different variations on the same method/theme. It confuses and perplexes us, which very often leads to procrastination as you then want to evaluate and examine which variation is "best", and this can lead to a vicious never-ending cycle which may never stop if you don't realize what you're doing!

    As you've mentioned, in many cases simple is best, especially when you're starting out and just want to implement something quickly. The more complicated the method, the higher the chances you're going to get bogged down in technicalities and get confused.

    For newbies starting out in IM, here's an important lesson for you - just pick a simple and proven system and implement it. Don't go for convoluted and complicated methods (at least initially), as these are probably going to get you mired in technicalities and unforeseen issues, resulting in procrastination and utter frustration!

    Paul
    Signature
    >>> Features Jason Fladlien, John S. Rhodes, Justin Brooke, Sean I. Mitchell, Reed Floren and Brad Gosse! <<<
    {{ DiscussionBoard.errors[2819301].message }}
    • Profile picture of the author celente
      Originally Posted by paulie888 View Post

      Great post, Celente. In reference to point #1 above, this can really drive anyone nuts if they've learned from 10 different products with 10 slightly different variations on the same method/theme. It confuses and perplexes us, which very often leads to procrastination as you then want to evaluate and examine which variation is "best", and this can lead to a vicious never-ending cycle which may never stop if you don't realize what you're doing!

      As you've mentioned, in many cases simple is best, especially when you're starting out and just want to implement something quickly. The more complicated the method, the higher the chances you're going to get bogged down in technicalities and get confused.

      For newbies starting out in IM, here's an important lesson for you - just pick a simple and proven system and implement it. Don't go for convoluted and complicated methods (at least initially), as these are probably going to get you mired in technicalities and unforeseen issues, resulting in procrastination and utter frustration!

      Paul
      Paul brings up a very important point.

      I once attended a seminar hosted by none other than Mr. John Reese.

      I remember him saying, dont sit there reading, just do something. Even if it is crap! LOL.

      Let Me Explain!...

      He said the best thing with a crap site, is at least you have something out there and have taken the first step many people simple havent done... TAKEN ACTION, you can work that crap, improve that crap, and even test other crap.... the main point is work and get something done!

      Start somewhere then test things to make that crap better, and even ask for help to get the site earning a little bit of money and then keep going, and soon (obviously depending on your niche also) you will realize you are on to a winner.
      {{ DiscussionBoard.errors[2819320].message }}
      • Profile picture of the author paulie888
        Originally Posted by celente View Post

        Paul brings up a very important point.

        I once attended a seminar hosted by none other than Mr. John Reese.

        I remember him saying, dont sit there reading, just do something. Even if it is crap! LOL.

        Let Me Explain!...

        He said the best thing with a crap site, is at least you have something out there and have taken the first step many people simple havent done... TAKEN ACTION, you can work that crap, improve that crap, and even test other crap.... the main point is work and get something done!

        Start somewhere then test things to make that crap better, and even ask for help to get the site earning a little bit of money and then keep going, and soon (obviously depending on your niche also) you will realize you are on to a winner.
        John is obviously a seasoned marketer, and I like to call this "imperfect" action, where you just implement things without knowing for sure what the outcome will be. I think one of the main reasons why so many people fail at IM is because they are afraid of taking this "imperfect" action, instead wanting to read and learn until they feel that their actions will be "perfect" so that they can see positive results right away.

        I'm sorry to say that this is a complete fallacy that will prevent you from ever having success in IM, so get rid of this fear of failure and just take action. Even if you fail initially, you'll learn something valuable.

        Just use what you've learned so that the next time you take action you'll be a bit better! Rinse and repeat until you achieve your desired results...it really is as simple as that (if you learn to take the right kind of action).

        Paul
        Signature
        >>> Features Jason Fladlien, John S. Rhodes, Justin Brooke, Sean I. Mitchell, Reed Floren and Brad Gosse! <<<
        {{ DiscussionBoard.errors[2819539].message }}
    • Thanks for the reminder. It's funny how I can see myself in all of this. At first I had info overload but kept reading courses. I came to a point where I found that 99% of the info is being repeated in every new course on the same topic, so I stopped doing that.

      But then the procrastination came...so much knowledge, but where to start? What would be the best to start with? Would method A make more money than B in the same amount of time?

      I stopped that as well and got down creating mindmaps and plans...but now I'm stuck with that again...keeping planning and mapping and not getting anything done. Unfortunately, I'm a perfectionist, so whenever I stumble upon a new step in my own system that I don't know much about, I go back and read up on the topic and get caught up in step 1 again...it truly is a vicious circle and I already waste a lot of time with this. I really hope it "clicks" soon.
      Signature
      [ENDORSED BY LMC]
      Stop Building Backlinks The OLD Way, Use >THIS< Instead!


      >Let Me Build HIGH QUALITY Backlinks For You!<
      {{ DiscussionBoard.errors[2819327].message }}
  • Profile picture of the author jesus72knight
    Ouch! Just ouch! Sounded like me!
    Signature
    PLATINUM RESELL RIGHTS
    High Quality Resell Rights
    & Resell Rights Products
    {{ DiscussionBoard.errors[2819338].message }}
    • Profile picture of the author Dap
      Nice post Celente.
      {{ DiscussionBoard.errors[2819515].message }}

Trending Topics