#1 Reason Why Most People Fail To Make Money Online Earn and Succeed
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#1 Reason Why Most People Fail To Make Money Online
June 20, 2008 | By Kenneth Koh |
Do you know what’s the #1 reason why most people fail to make money online?
The #1 reason is indecision!
They can’t decide if internet marketing is for them. They are getting mixed messages from everywhere, messages like:
“You can make a million trading the stock market.”
“You can achieve financial freedom with MLM.”
“No, I think I should be a REAL brick and mortar businessman. Internet marketing is not a career!”
One of the secrets of success is that when you make a decision, everything else will fall into places. It’s one of the secrets of the universe, as important as the law of attraction.
The tough part is to make a decision.
If you haven’t made up your mind that you’re going to create a full time income from internet marketing, I hope this article can help you to make a decision today.
Ok, let’s compare Internet Marketing with Stock Trading, MLM and a Brick And Mortar Business.
I’ve been through all the 3 other options and I believe I’m qualified to share with you my experience.
Internet Marketing vs. Stock Trading
I see stock trading as a form of wealth management. You should learn how to park your extra money in the stock market to get better ROI (return on investment) than putting money in fixed deposit.
But trading the stock market full time is a bad idea, unless you package it into a business, especially an online business. If so, you’re back to the idea of internet marketing.
The truth is most stock trading experts make money teaching people how to trade stocks! They create courses, software and books to teach people and make huge profit from there.
In stock trading, there is no sure-win. If you get a return of 50% consistently, you are considered an expert.
But do you know that you can get 1000% ROI in internet marketing? For example, I can invest $200 to get freelancers to rewrite articles, create a website and build links. In the years to come, this website will easily earn me more than $2000. That’s a return of more than 1000%!!!
My risk? The worse case is I break even. These days, I hardly have a website that lose money. It’s just a matter of time before I break even.
My advice is, trade stock if you are interested, but spend more time building your online empire because you can get better ROI at lower risk.
Internet Marketing vs. MLM
The dream of MLM (Multi-level marketing or network marketing) is that you can achieve time and financial freedom. This is the idea that most MLMers will try to sell you.
To me, the true value in MLM is mindset training. Success is all about mindset. Good MLM companies have good training that can instill the millionaire’s mindset into you. This is something internet marketing can hardly achieve.
Other than that, I really can’t see any advantage over internet marketing.
If you talk about financial freedom, internet marketing can definitely give you financial freedom. Online income is definitely more passive than MLM income. In fact, you can have multiple streams of online passive income, which makes it more stable than just 1 source of passive income.
If you talk about time freedom, MLM can give you time freedom ONLY after you are successful. During the process of team building, it’s hell!! Your working hours are nighttimes, Sundays and public holidays. These are times when your family members are free but you are not!
Internet marketing, on the other hand, gives you time freedom EVEN before you are successful. You still have to work hard, but you chose when you want to work. You can work when everyone is sleeping. Or you can work an hour and play with your kids for the next hour. It’s all up to you.
Moreover, if you truly believe in the power of MLM, you should explore online MLM instead of the old-school brick and mortar MLM. The old-school MLM is really a time waster.
Internet Marketing vs. Brick And Mortar Business
Ever since I tasted the goodness of online marketing, I’ve never thought of doing brick and mortar business again!
I started out running traditional business and it was a relief when I converted my entire business to online. When I ran my offline business, my mind was all about how to pay my rental, my staff’s salary, how to bring in customers etc. I hardly have time to think of business strategies and expansion.
But online business is almost stress-free. When you are small, you work alone. There is no worry of office rental and staff cost. You spend most of your time thinking of business strategies and how to expand your business, which is definitely more important than working hard to pay bills!
Another important difference is in offline business, you can hardly find people who are willing to show you how to make money. But in online business, many people (too many in fact) wanting to show you how they make money. Some of them may charge you, but you are talking about $47 or $97. That’s cheap!
Final Remark……
I hope I’ve been impartial in my comparison. I’ve been on both sides of the equation and I just hope that my experience can help you make a better decision.
Remember, regardless of which decision you make, once you make the decision, everything else will fall into places for you!
http://www.leadsleap.com/blog/#1reason-why-most-people-fail-to-make-money-online/?r=pkannan
Sunday, June 29, 2008
Wednesday, June 25, 2008
Selling stuff you don't own
Affiliate marketing is selling stuff you don’t own to people you never see!
So if you, as the affiliate, don’t have to do any selling, stocking products, shipping to the customer, or answering their questions about the product, what in the heck DO you do?
Sounds like the world’s cushiest job to me.
Well, it is in many ways. But that means that you have to be good at the few things you DO have to do, which include:
· Getting people to come to your site (I'll show you how to create your own web site quickly, so don't worry about that if you don't have one -- or the site you represent as an affiliate). You do this basically four ways: 1. Search engine optimization; 2. Publicity via article writing and press releases; 3. Pay per click campaigns; 4. E-mail.
· Sharing with those people who come to your site in a way that makes them want to “click-through” to your merchant. You do this by writing helpful articles about the products you represent, and/or using audio and video on your site to tell about your products.
· Capturing the name and e-mail address of those folks who come to your site. You do this by using either a “name squeeze page” or a pop-up or an opt-in box on your site.
· Following them up with interesting and enticing e-mails that make them want to come back to your site or the site of the merchant you represent. You can do this by subscribing to an auto-responder service and then sending out a series of helpful e-mails on a sequential basis – daily, weekly, or whatever. An alternate to this is using RSS (Really Simple Syndication) I cover all that...
And that is what this e-book is all about -- how you can develop a full-blown web business right at home in your family room without having to have or create your own product.
Here are just a few of the companies you can represent from the comfort of your family room:
American Express
WalMart
Amazon
Lands End
1-800 Flowers
KBToys
Cingular
Omaha Steaks
Apple
Musician's Friend
Dell
Radisson Hotels
PetSmart
Golfballs.com
Western Union
Iomega
Thrifty Car Rentals
Drugstore.com
and hundreds more!
http://www.family-room-internet-business.com/?hop=payourbill
So if you, as the affiliate, don’t have to do any selling, stocking products, shipping to the customer, or answering their questions about the product, what in the heck DO you do?
Sounds like the world’s cushiest job to me.
Well, it is in many ways. But that means that you have to be good at the few things you DO have to do, which include:
· Getting people to come to your site (I'll show you how to create your own web site quickly, so don't worry about that if you don't have one -- or the site you represent as an affiliate). You do this basically four ways: 1. Search engine optimization; 2. Publicity via article writing and press releases; 3. Pay per click campaigns; 4. E-mail.
· Sharing with those people who come to your site in a way that makes them want to “click-through” to your merchant. You do this by writing helpful articles about the products you represent, and/or using audio and video on your site to tell about your products.
· Capturing the name and e-mail address of those folks who come to your site. You do this by using either a “name squeeze page” or a pop-up or an opt-in box on your site.
· Following them up with interesting and enticing e-mails that make them want to come back to your site or the site of the merchant you represent. You can do this by subscribing to an auto-responder service and then sending out a series of helpful e-mails on a sequential basis – daily, weekly, or whatever. An alternate to this is using RSS (Really Simple Syndication) I cover all that...
And that is what this e-book is all about -- how you can develop a full-blown web business right at home in your family room without having to have or create your own product.
Here are just a few of the companies you can represent from the comfort of your family room:
American Express
WalMart
Amazon
Lands End
1-800 Flowers
KBToys
Cingular
Omaha Steaks
Apple
Musician's Friend
Dell
Radisson Hotels
PetSmart
Golfballs.com
Western Union
Iomega
Thrifty Car Rentals
Drugstore.com
and hundreds more!
http://www.family-room-internet-business.com/?hop=payourbill
Friday, June 6, 2008
Do you need money?Who doesnt?
Hi everyone,-everyone needs money
There's a "new" kind of website these days - one that "FORCES" money into your pocket!
The days are now over where you were left with just "chance" on your side when it came to making money on the Internet.
A brand new "technology" has been developed that makes websites pay you by "force!"
Short of putting a gun to people's heads and making them take their money out of their wallets and pay you without choice, this new technology might as well be the exact same thing.
This breakthrough was developed by a New York Virtual Marketing Firm, and is taking the Web by storm!
Already some pretty famous names are taking note of this new "money making invention" that "forces" money out of the Internet directly into your bank account!
A spokesperson for the NYC firm boasted proudly:
"Imagine the Worldwide-Web as an ocean of money ... our new technology merely makes a way for YOU to be able to dig a big trench from that 'cash-sea' directly into your backyard!"
And that's obviously a pretty amazing feat to say the very least!
People get a webpage that's NOT ordinary by any means!
The webpage "captures" a huge segment of the daily visitors it receives and winds up upselling them repeatedly with a predictable conversion each and every time!
Plus, the webpage has a "built-in" device that allows it to generate "free traffic" without end!
So considering the fact that you get free traffic, along with a predictable and steady stream of sales conversions, you get a guaranteed source of endless income!
Additionally, the webpage you get already contains a PROVEN digital product that no online marketer can live without, and one that is delivered where all your orders are filled automatically by another firm on behalf of you, the webpage owner! (And at no costs!)
Not only that, but the webpage contains a video that makes further an irresistible offer so that people must surrender their contact information, and which also becomes a VAST double-optin list!
This list is maintained by yet another separate online firm on your behalf, and that has the HIGHEST track record for getting over 98% deliverability for follow-up emailings (the same that convert another 378% more sales for you!)
So in a nutshell you get:
o An amazing website! o A website that converts sales automatically! o A website that puts "forced" money directly into your pocket! o A website that's run by another firm for you (at NO charge!) o A website that continues to promote for you over & over! o A website that grows & cultivates a proven list! o A website that functions automatically (so you never run it!) o And a website that you get Free H0STING for!
So as you can easily see you get the whole "Sha-Bang!"
Without wasting another moment of your time, why not go to the new site that shows you how you can get this site for yourself (if you'd like) for next to nothing? ...
~~~> http://payourbill.forcemoney.hop.clickbank.net
*But I must warn you that they are only giving away a very limited number of these "forced money" websites that forcibly pour money into your pocket! - So please [for your sake] HURRY!
Just though you might want to know ...
-Prema
There's a "new" kind of website these days - one that "FORCES" money into your pocket!
The days are now over where you were left with just "chance" on your side when it came to making money on the Internet.
A brand new "technology" has been developed that makes websites pay you by "force!"
Short of putting a gun to people's heads and making them take their money out of their wallets and pay you without choice, this new technology might as well be the exact same thing.
This breakthrough was developed by a New York Virtual Marketing Firm, and is taking the Web by storm!
Already some pretty famous names are taking note of this new "money making invention" that "forces" money out of the Internet directly into your bank account!
A spokesperson for the NYC firm boasted proudly:
"Imagine the Worldwide-Web as an ocean of money ... our new technology merely makes a way for YOU to be able to dig a big trench from that 'cash-sea' directly into your backyard!"
And that's obviously a pretty amazing feat to say the very least!
People get a webpage that's NOT ordinary by any means!
The webpage "captures" a huge segment of the daily visitors it receives and winds up upselling them repeatedly with a predictable conversion each and every time!
Plus, the webpage has a "built-in" device that allows it to generate "free traffic" without end!
So considering the fact that you get free traffic, along with a predictable and steady stream of sales conversions, you get a guaranteed source of endless income!
Additionally, the webpage you get already contains a PROVEN digital product that no online marketer can live without, and one that is delivered where all your orders are filled automatically by another firm on behalf of you, the webpage owner! (And at no costs!)
Not only that, but the webpage contains a video that makes further an irresistible offer so that people must surrender their contact information, and which also becomes a VAST double-optin list!
This list is maintained by yet another separate online firm on your behalf, and that has the HIGHEST track record for getting over 98% deliverability for follow-up emailings (the same that convert another 378% more sales for you!)
So in a nutshell you get:
o An amazing website! o A website that converts sales automatically! o A website that puts "forced" money directly into your pocket! o A website that's run by another firm for you (at NO charge!) o A website that continues to promote for you over & over! o A website that grows & cultivates a proven list! o A website that functions automatically (so you never run it!) o And a website that you get Free H0STING for!
So as you can easily see you get the whole "Sha-Bang!"
Without wasting another moment of your time, why not go to the new site that shows you how you can get this site for yourself (if you'd like) for next to nothing? ...
~~~> http://payourbill.forcemoney.hop.clickbank.net
*But I must warn you that they are only giving away a very limited number of these "forced money" websites that forcibly pour money into your pocket! - So please [for your sake] HURRY!
Just though you might want to know ...
-Prema
Monday, March 24, 2008
Saturday, February 16, 2008
Six Things You Need To Know For Financial Success
Now that we have gotten settled into 2008, let's take a look at some of the New Year's resolutions we have all made for this year. Getting in shape? Me too. Dedicating yourself to improving your skills at work? Great resolution. Working on furthering your education? Excellent! But I suggest taking that goal one step further: make it a life-long goal to increase your financial education. Start here with a financial game plan for 2008. 1.Get real with yourself. Take a good hard look at your finances and choose to manage your debt. As Robert Kiyosaki says, there is good debt and bad debt. Get out of the bad debt, or debt that generated from credit cards, consumer debt (aka, debt that doesn't pay itself off). And maximize your good debt or debt that has the potential to put money back into your pocket like Real Estate or building a business. First things first, you need to ask yourself the tough questions like, how much do I owe? What are the interest rates? Am I in debt to the IRS? After all, the only way to get to where you want to be is to know from where you are starting. 2.Start to minimize your taxes to the greatest extent possible. The worst way to do this is by remaining an employee. I say just because there are ways for employees to minimize their taxes and put one foot into the world of the wealthy. This is by starting a home-based business or owning your own business. Other than that, there is little to nothing that a person who earns a living as an Employee can legally do to minimize their taxable income. 3.Create a savings and emergency funds for security when “life happens” because it happens to us all, whether we're rich or poor. Create a buffer between the things that come up in life and reduce the stress of when they do. Put away at least 10% of what you earn into this account and breathe easier. This account should hold up to 3-6 months of your monthly expenses. 4.Build your financial fortress to withstand any storm. In our litigious society today, no one is immune from those who want to work less and take your wealth from you. Ensure you, your family and your assets are protected with the proper legal entity (i.e. NOT just in a family trust). Seek out legal professionals who will help you set this up for your business. This is NOT a place you want to cut corners just to save a buck… Your family and your dreams will appreciate it in the long run. 5.Build a legacy for yourself and your family. Start investing like the ultra wealthy and well connected. If you don't know where to go with your money, don't get lulled into the security of a “financial advisor”, but rather do some due diligence and find a company that will educate you on wealth-building investments. 6.And perhaps most importantly, enjoy the time and money freedom you have earned for yourself and your family. After all the previous steps are complete, you are truly an enlightened wealthy person. Donate extra time and money along the way and feed your spirit and soul. But most of all find experts and mentors along the way to help the journey be a little less tumultuous. Build a team of professionals who are good at what they do and you will be well on your way to building a long-term legacy for generations to come. Take the steps in 2008 to start your new financial future. It's as easy as steps 1-6.
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