Why Do We Fail To Succeed In Making Money Opportunity Online

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Creative Commons License photo credit: Don Fulano

The mere fact of finding a making money opportunity online is not sufficient enough to earn money fast or have a profitable marketing business from home. We have to find out how to make this idea work out for us, how it can make us money.

The magic power of internet can bring you financial freedom and I suppose if you are fed up of your 9-5 job then turning toward internet can be the best choice you would ever make to finally free yourself and do the things that you always dreamt of doing.

But let’s stop dreaming as there are some fundamental things that are required even before you think of becoming rich. There is no such thing as get rich quick. No matter what background you are coming from you need to know something about internet. You need to follow courses to master the various techniques required to launch a profitable online business.

Things that you should really look at:

  • How to earn money online : There are various methods, affiliate marketing, opening up an e-store, blogging, article marketing, email marketing, etc.
  • What are my traffic generation and list building methods? Do I use free methods or paid advertising to generate traffic?
  • What am I actually promoting? Other peoples product or my own product
  • Who do I target?
  • What is my market?

Have you ever considered these factors? Starting an online business can be the easiest thing to do as very low cost and if properly applied, you can earn money fast. As usual there is always a big BUT. How and where do I start?

Every business success lies on the efforts that you put into it. The more devoted and motivated you are in achieving your goals, the quicker you will be able to accomplish them. But it takes time and effort, and this is what many lack. All these rumors about making tons of money in the next 30 to 90 days have upset many newbies. Seeing only failure have made them jump from one program to another, time after time, spending thousands in the hope of achieving that financial freedom.

Then there is procrastination. How many times have you bought a product and never looked at it or did not have the time to do it, always putting it aside for another day. Procrastination can be your worst enemy for online business success

The promise of the hidden treasure seems so close yet they are never achievable. Needless to say, that no one ever told us that to make any business profitable we have to keep trying consistently over and over again and only with one method/program.

There is an old saying, that I sure your have heard of. Try, Try, Try Again Until You Succeed”. I have learnt this in school and my main motivation is based on these simple but very effective words. It has kept me moving forward towards my goals.

Many who start as a newbie with online business face common failures of lack of ideas for a business. It is nothing uncommon, so many competition and so many markets but to find the ones that are making money opportunity can be very daunting.

We don’t want to start with a market where you are just a small fisherman in a big ocean with a variety of fish neither do we want to start in a pond with multitude of fishermen catching the same fish. What we are looking for is the exact kind of fish that we want to catch in a place where it is unknown to the other fishermen.

That is where micro-niche market comes in.

It is important to have the combination of two factors that are important for success

a) To have a market with a high demand and

b) To be in a market where there is low competition.

To sum up the two, we need to find a market where there is reasonably good level of demand and with very low competition.

But to come to a stage where we can identify these factors, it takes time. You have to be persuasive, consistent, motivated and devoted to your business. Then, you develop your skills with practice and experience. The more you put your heart and soul to it, the more you will find it exciting and a great desire to succeed.

There is a learning curve which we don’t want to accept and are always looking for the next golden opportunity.

So my final advice to you: stick to whatever method/program you are working on and try it once, twice, ten times before you say STOP it will not work for me.

Remember one thing nothing is easy in life but if we are motivated and passionate about it, then it can be ACHIEVED.

About Nurul Chowdhury

Nurul Chowdhury is a Certified Business Coach, specializing in helping you find your true passion and converting it into a lifestyle Business

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3 Responses to Why Do We Fail To Succeed In Making Money Opportunity Online

  1. Steven H September 29, 2010 at 12:06 am #

    I think a lot of it is because we find it hard to stand out from the crowd and offer our audience something new that they can’t be offered anywhere else. It’s about innovation.
    Steven H recently posted…BrainstormingMy Profile

    • Nurul September 29, 2010 at 10:18 pm #

      Thanks for your comment Steve, you are absolutely right, we try to copy others but what we need to provide is uniqueness and that is by providing valuable new stuff.

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