10 Facts About Making Money Online
The opportunities to make money online are in abundance, but it is important to understand how things work and how you should move. People spend years going through trial and error only to become frustrated and give up. While I believe almost anyone can start an online business, understanding the process and knowing the steps to take will cut months—even years—off of your journey to profitability. I created the 7-Day Online Business Launch to show the average person how to get an online business up and running in seven days or less.
1. You have to learn to be consistent in one venture - Don't jump from one money-making offer to the other. You will be tempted to jump on everything that comes by you. There will always be someone talking about how they are experiencing success online, which can very well be true. You have to fight the urge to jump from what you are doing to chase the new thing, especially in the beginning when you are trying to get off the ground.
2. Making money online is just like your regular offline business; most times you don't get huge profits in the first 3 months. Build and be patient. The opportunities we teach in the 7-Day Online Business Launch are not get-rich-quick schemes. These are opportunities that require energy, effort, and commitment like any other legitimate opportunity. However, when you are consistent in your efforts, you will achieve the desired results.
3. You need a positive mindset to make your online business work; don't give up too soon. One of the top causes for failure in business is throwing in the towel too soon. Don’t give up on your business. Value the opportunity, because many are wishing to be where you are and would do almost anything to get there. Hold your position and push through.
4. Action! Action!! Action!!! Commit to performing at least one task for your business every day. If you do just one thing every day, you will be surprised at how far you will be in a year.
5. Your business is dead without traffic (paid, organic, direct, etc.). We cover this in the 7-Day Online Business Launch. Business is about numbers, and the more traffic you can drive to your page, site, profile, etc., the more success you will experience.
6. Ensure credibility in all transactions; once you get your name soiled, you are done for! You will make mistakes, but acknowledge them and make things right with your clients.
7. Have at least 98 percent control of your business e.g. If you invest in High Yield Investment Program; they could shut down tomorrow leaving you in pain and frustration but if you are into information marketing, you pay for hosting, auto-responders and manage your sales, if anything goes wrong at least you could fix it. One of the biggest benefits of small business ownership is you control how you move.
8. Always give value for money - Never sell sub-standard products. My great-grandfather taught me to always leave people with more than I walk away with in every situation. I make sure my clients get more than what they are paying for, justifying my prices.
9. To enjoy multiple streams of internet income, you have to build one at a time; grow it to at least $1000 guaranteed monthly then focus on another. This is the beauty of this approach. You can keep building and adding streams—automating systems as you go.
10. Lastly " NO PAIN NO GAIN"
If you don’t have multiple streams of income to hedge your primary income source, you need to take advantage of the leverage that the internet and social media provide to create streams of income online. There is no excuse not to do this.