I don't give up. And neither should you.

Yes I agree, persistence can really pay off.

But for some being too persistence and less realistic can be a problem as well.

For instance, if someone has been in IM for 3 years and has yet to make a profit it might be prudent to evaluate the situation and more or less come to the realization this may not be for them.

I get what you are saying but their are circumstances where people may just not be cut out for this
Therefore they should 'write off' the costs and just give up

- Robert Andrew

Like Robert says, this is not the best advice in all circumstances. The more experienced you become, the easier it is to recognize which projects to continue investing time and resources in, and others where you should probably cut your losses and try something else. There's little point persevering with something just for the sake of not giving up - you need to be reasonably confident you're going in the right direction.

You also risk getting caught up in the Sunk Cost Fallacy

.

I have to agree with Robert, but my suggestion is that you give your business "your all" for 6 months.

If you haven't seen progress within your specific niche within that time frame (yes it's somewhat arbitrary) you need to stop and evaluate what you're doing wrong. If it's not obvious, pack up the tent and move on. Seriously.

Kenny Rogers said it (sang it) best: "You've got to know when to hold 'em, know when to fold 'em." There are business niches and models that don't produce much income. Why beat a dead horse to death? Cut your losses and move on.

I'm not saying you should necessarily abandon online marketing . . . just saying you should try a new niche, new business model, new product or service, etc.

Life is too short to be satisfied with eating crumbs and scraps when there is such an abundance waiting for anyone.

Steve

Depends.

I would give this advice to a degenerate gambler, for example. The more he loses the harder it is to come on top in that particular situation.

Same goes for internet marketing.

I understand the point you are trying to make in your post though but sometimes the best advice is to actually give up. Just let it go and move on, your talents lie elsewhere.

Also: you gotta cave in some things to get to others. This is especially true if you are good at some things but not remarkable at others. Focus on your strengths and forget about your weaknesses. Delegate those instead.

Cheers
Dan

I agree with you completely on this, Mate

Persistence always pays and it should you for you too,

Although there are no guarenteez for anything

But from my personal experience i can say,It will work for you

Cheers

Hello
In my life I have always collected when I sowed good.
Now you have to be really honest with yourself, to understand if what you have done so far, is really all you can do.
And if what you have done so far has been quality.
Analyze well these two points to understand if it is right to continue or change.

good luck

Sounds like you gave up on this thread in your first sentence, to me!

You need to focus on being persistent with the RIGHT goals.

Chasing after goals you are ILL-EQUIPPED to achieve is a sure RECIPE FOR DISASTER... regardless of how persistent you are.

Very true.

Most people just need some consistent results. Maybe $5 profit per day, everyday. That's enough motivation to keep most newbies to keep going. Yet they suck at marketing so much that they can't even achieve this trivial goal. If you don't want to give up, then find something online where you know consistent, easy money will come from. This way this can serve as the ambition and determination to GROW your business.

I see where you're going with this. If you've decided you want to start your own online business, and you're truly committed to it, then you must not give up at any signal of discomfort or disappointment. Some form of adversity is always guaranteed when you attempt to start something new such as building an online business from the ground up.

There will be times when you will need adjust and make changes in the way you go about achieving a goal, but you must stay committed, because success is unpredictable and you never know when your time will come to experience significant success. If you quit, you will always wonder what if....

However, if you are not making any progress whatsoever within 3-6 months, then you're obviously doing something wrong and you should seek advice from trusted individuals. If you feel like giving up, at least get some other opinions from people who actually understand what you're doing and can help you make a decision based on logic rather than emotion.

That's right!!

Being Persistent and Consistent are very important keys in this industry!

No matter what happens, and no matter how long it takes - you have to keep going. Keep learning, and keep growing forward. Only those who make the SETTLED decision to make it happen, Will!

That's the right attitude!

Keep it up!

Much success! ...and thanks for the reminder!

Completely agree with this. Persistence. And the importance of a good coach/mentor. When I set up my first product, it was a friend who was very well versed in IM who kept me going. The business is not brilliant by any means but has generated a consistent income.

Getting there initially was really hard. So don't give up!

This is actually bad advice for about 95% of newbies.

I started my online business in 2005. I join this forum by accident in2010. And I finally made my first money in 2012. Yes... I don't give up!
If you love it. If you love to do it, then you must not give up at all costs. That's true.
But if you don't have an idea of what you really want on a journey, then you should give up at the very first moment.

Inspiring words. Will keep that in mind. Thanks!

Sometimes you have to give up... There are only 24 hours in a day. If you're wasting part of that time in something that is not going to bring you good results, you have to quit...

The problem happens when you become a serial quitter. When you start to see a pattern of letting things unfinished.

Knowing when to give up is a vital business skill it means you don't launch products that won't sell and that you pull products that aren't selling enough. If you look at all the top business there closet is packed with failures like Microsoft Zune and New Coke.

These companies learnt (possibly too late) that you don't throw good money after bad.

It's easy for people to say don't give up and just believe in your self but if you haven't got the the right product, infront of the right market through the right medium at the right moment then you are in trouble.

Now giving up doesn't mean giving in. Look at the history of Listerine to see the importance of changing one of the four M's.

I agree with you 100%.
Having persistence is one thing,
But you need to move in the right direction.

I have persistence,but was moving in the wrong
direction and wasting valuable time.

Finally,now I am moving in the right direction,
so persistence will pay off.

Develop a plan every few years and throw it out and start over when it doesn't work. I work for a good company now and I'm very happy in life. That's my plan and I'm sticking to it.

At times, there is no option but to give up.

That is a good advice but it does not always apply to all cases. you might be patient and persistent but you are in the wrong field. So, what you need to do is recheck your steps, know and learn why you are struggling. after this then you will know when to give up or persist. thank you.

what a motivational way of living. patience is a virtue. #nevergiveup #ipromise

You should not give up. but you if you are not successful you should stop and think what I'm doing wrong and change things. Einstein "you can't do the same thing twice and expect 2 different results"

Earning a living online is usually a slow yet steadily growing trickle rather than an instant torrent. There is no "money tap", unless you have $$$ to spend on PPC but even then you can wind up with still no traffic if you play it wrong!

I've been making an respectable full time living from my various websites for a couple of years now, and it took a lot of patience. But once I made $10 a day THEN I never gave up because I knew I could work, scale and invest time and money and take that $10 a day to $100 and beyond. But at the same time if you are busting your ass for a year with no results it's definitely smarter to quit and try something else online.

Looking at this from an 'offline' perspective, just under 10 years ago I refused to quit my trade after earning over $100k per year for over 15 years.

When the US housing market & economic downturns began, I too believed; "I could pull my business back up to the 6-figure level."

Not only was I wrong... It cost me everything! Over $500k in losses in just under 6 months, lost my home, business, and entire lifestyle!

Not giving up... caused my wife, 3 children, and myself to experience homelessness!

While I learned a lot in that experience, to this day... it perplexes me to imagine what caused me to 'not give up'.

Had I sold my home, equipment, tools, and business... I could have easily lived well for 10 years, even if I didn't work!

Instead, I refused to give up... and in that decision - I WAS WRONG!!! - and lost everything! (except my wife & kids... they remained loyal. Disappointed, of course... but, they stood by when the shit hit the fan!)

Therefore, speaking from real world experience, sometimes hindsight needs to be 20/20...and quitting isn't always wrong.

While I've yet to go all out for 6 months online, I can say this; there are far more opportunities online for far less the costs of an offline business start-up... and while I haven't tackled the full-time online income goals I have... the problem isn't quiting, it's having the confidence to "go all-in".

When you aquire the right knowledge, the right tools, and properly utilize those resources... failure is not an option.

I committed myself to a relentless pursuit of online knowledge, with no initial intention of getting rich.

Thetefore, my reason for being here, in this arena is not all for the money... It's to save others from experiencing the shit storm my family experienced at my expense, and to make damn good use of the knowledge, tools, and resources available online.

Honestly, I already know this business will recoup my losses, and in time allow me to avenge the hell I experienced offline.

Once I accept that I've earned the right to exercise this knowledge... Money will not be a problem.

Just taking my time getting there, cause I enjoy the challenge this industry has afforded me for less than $1000 investment per year. (I used to spend more than that per month on gas!)

Truth be told... in the next few months (3-6 months) I plan to be generating full-time income online.

Mainly, in conclusion to the reality, the offline trades I possess ain't worth jack shit these days... unless $15-$20 per hour is considered good money... cause in my mind, it's time to quit being distracted by such limitations.

IM Freebird!

Yes starting time we can face several problems and invest number of money without any profit but we need to give some time for that after that you can see great ROI from internet marketing. Once you have get top ranking and start displaying ads then you see good traffic on the website and increase online sales.

I get where you guys are coming from when you say sometimes it's a good idea to give up on a project. But this is the small picture your looking at.

I have given up on a few projects, as you need to know when to quit if its not working or you will dig yourself a deeper hole.

But what I'm trying to say is don't give up on the big picture of making it in IM.

Ok a few projects don't work out and you lose money. Change your strategy and start from scratch until you hit the sweet spot.

Persistence is key but you also have to know when something isn't working and cut your losses, and move on to something new.

Just use Fiver r apparently this has all the right things that makes you money fast, and all the other BS that goes with the site!!! and then you to can rip other people off with pirated stuff they flog on there

Don't give up but never keep repeating the same methods you failed with. Regard your failures as experiments and tweak them until you get the results you want.

My thread on a similar theme was moved to the Mind Warriors. Strange to
see this one here.

-Ray Edwards