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Video on 7 Reasons Why You Aren't Making Money Online

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7 Reasons Why You Aren't Making Money Online
Randy Mclean
You are not alone. It is often reported that only 5% of people starting an internet business will succeed. Yet, deep down in your heart you know you can do this. You just need to figure out how.
If this describes you then I think you will find the 7 tips below helpful. See if you can identify with any of them.
1. Lack of focus.
You must learn to avoid program hopping. The thought that the grass is greener on the other side is a tempting one but don't be deceived. It is better to just pick one thing and stick with it. That is how you build momentum.
2. Doing something you hate.
If you don't like what you are doing you will never stick with it. Doing the same thing each day is a lot easier if you are passionate about it.
3. Paralysis by analysis.
Research is important but there comes a time when school is out. Take some time to learn the fundamentals and then dive in. Sometimes you learn by your mistakes.
4. Not knowing what to offer.
People have often spent months developing a product only to find out that it won't sell. It is better to do market research first to find out what people are buying. Don't become married to an idea.
5. Giving up too soon.
Things can often seem bleak when you are working for hours and hours a day and seeing no returns. This is normal and you must fight the urge to quit. You could be at the verge of success without knowing it.
6. Lack of discipline.
You must make a plan and stick with it. Just because you are online doesn't always mean you are working. Things like email and research have their place but don't let it dominate all of your time.
7. No coach or mentor.
If you are doing this alone, things can seem so confusing. On the other hand, if someone who is already doing it shows you what to do things become crystal clear.
Often there are certain elements you probably have never thought of before. That is when you get one of those "Ah-ha" moments! In a way it is like leveraging your time.
If someone can you show you in 10 days what it took them 10 years to learn wouldn't that speed things up for you? Of course it would. You don't need to reinvent the wheel.
In summary, do a little research, pick something you love, make a plan, dedicate yourself to work your plan and find a mentor. You will be shocked at the results.
Keeping these 7 tips in mind will help you to explode your online business tremendously. They can mean the difference between success and failure.
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