Shawn here and today I just wanted to share 10 reasons why 99% of people fail to make money online. Now before I get started, please don't quote me on that percentage, but the point is that it's a lot : )
Reason 1: S.O.S - also known as "Shiny Object Syndrome" is one of the biggest problems for most people, especially when first getting started. Everywhere you turn there is some new Power System or Push Button Magic Formula. I admit I am still guilty of this from time to time : )
Reason 2: No Plan - If you have ever heard the saying "Fail to Plan, Plan to Fail". Unfortunately if you don't have a goal in place and a way to achieve it, then there is no way to succeed. It's like using your GPS, but not putting in a destination.
Reason 3: Paralysis by Analysis - You may have heard this saying before and guilty of it. If not, it basically means that too much time is spent on trying to perfect everything that nothing really ever gets done. Just remember, whatever you put out the first time is the worst it can ever be. You can always go back and tweak later to make it better when you see some results.
Reason 4: Invest in Current Needs - This kind of relates to the S.O.S reason #1. There are always cool new software and tools that come up on a regular basis that can help automate your business. Before you buy them always ask yourself this question "Will This Help Me Right Now With What I Am Doing?". If the answer is No, simply mark it down and revisit it once you have a direct need. If it's a quality product it will still be around.
Reason 5: You Are Not Alone - So many times I see people give up because they can't do something in their business. Maybe it's some technical stuff or maybe creating web pages and graphics. The point here is that even though you can't do it, there are a ton of talented people that can. Never let these types of excuses stop you from moving forward.
Reason 6: Buy Things - A lot of times you will see someone that will have a bit of success and make a few bucks and then to celebrate by going out and buy things. Maybe they buy some new clothes, electronics or whatever. The point is, that when you are just starting out, it's important to take those small successes and reinvest back into your business.
Reason 7: Pick Your Passion - So many times you will see people get into a business because they see everyone else doing it and before long they get bored and want to move to something else. Instead, if you can choose an area that you are obsessed and passionate about, you will come across more genuine and actually enjoy what you are doing. "Enjoy What You Are Doing" ... What a concept : )
Reason 8: It's All About "ME" - I understand we are all in business to make money. That being said, if you focus solely on your results and the bottom line you are missing out. Instead if you focus your energy on helping and serving others, your business will grow exponentially and you will actually feel good about making a difference.
Reason 9: Sell Something - Now this one is going to sound a little funny, but I see it happen all of the time. In order to make money online, you need to sell something. It doesn't matter if you sell other people's stuff as an affiliate or your own products. In order to make money, You Need to Sell Something... Period.
Reason 10: No Action - I have left this one specifically to the end as I feel that this is the most important. The main reason why most people fail and give up with internet marketing is that they don't take consistent action. They may try a few things and stop and then try a few more things and then stop. For true success, you need to form daily habits and take action on the tasks that are going to push your business forward. By doing this consistently, you will see that each of those actions compounds on top of each other over time. This is where results and success are achieved.
By no means is this an exhaustive list, but some of the more common ones that I have seen in my experience. Can you see yourself in any of these?
Would love to hear your thoughts about these and any others that I may have left off that are holding you or others back.
No Fear No Excuses