While I work with many fine, big businesses to help them grow their business using business blogging software to generate online leads, I also find that I end up mentoring a lot of people on creating Internet businesses. The problem is that they do not like what I have to say, which is that it takes time and work.
Here are 10 reasons it takes longer than people think (or hope) for building online income.
- Google sandbox – while this is unofficial, most SEO people know that the first 6-12 months are much harder on a website with a new domain. It does not get consistent good ranking from Google until it ages. If you just quit your job and started an Internet business, I hope you were planning a year in advance and set up some niche sites.
- No email list – Sure, there are faster ways to build a list. But starting from zero is just going to be a lot of work, especially if you have not done it before.
- Selling something they are unfamiliar with – lets face it, no one likes to sell something that they do not understand. If you just started and you are selling a money making opportunity, and you are not making much money yet, how are you going to convince other people?
- Lots of Internet marketing courses – If you are buying a lot of Internet marketing courses and programs you are probably not taking action – just learning more. Make sure to take action asap.
- Focusing on one site – It is OK to focus on one site – but only if you are well targeted and are going to really make an incredible effort on that site.
- Not testing – If you are spending money on pay per click or advertising but you are not building your list or making sales to a decent percentage of visitors, you are going to burn through your money with little outcome. Traffic is not the goal – conversion is the goal.
- Not planning goals in tiers – Your goal cannot be to make $100,000 in 6 months from zero. OK, you can have that goal if you want to, but consider this. I always suggest someone set daily goals and when you are just starting out, learn to make $10 a day. I know that cannot support you, but until you know how to make a little you cannot scale up and make a lot.
- Pick products that can be sold, not one’s with the highest payout. The places I make the most money besides working with clients are mid-priced products that have incredible quality and are very valuable.
- Too complex of a plan – remember that people will not find your new website unless you promote it day and night. Keep your plan simple and focus on relentless promotion, value and content.
- Giving up too quickly. Lastly, people do not make money fast so they think everything is wrong and they jump to the next idea. Unless you focus on a few things and do them well for an extended period, you cannot be successful.
Bonus: Especially when you are just starting, do not build many different business models. There are a lot of ways to make money on the Internet but you cannot do them all. Really master one and then learn a second.