Are you wondering why most people fail to make money online? The truth to the matter is, most people who are trying to make money online, don’t actually make any money.
Despite the crazy claims that you hear out there. You should always take other people’s results with a light grain of salt. Here at Smart Affiliate, I do try to keep things transparent to provide you with accurate information.
This article is in response to a few readers who asked me why they are not making any money.
At the end of this article, you should have a pretty clear understanding of why most people fail to make money online and how you can prevent yourself from falling into that category.
Most People Don’t Put In The Effort
Usually when I get emails asking me why they are not making money after paying for my recommended product and services.
I would always ask if they’ve started applying what they’ve learned. For example, when a reader of mine signs up with Wealthy Affiliate. I’ll know about it and I do check on their progress every now and then.
Unfortunately, the majority of those who signed up with Wealthy Affiliate never did anything else beyond the signup process.
In fact, most don’t even bother completing their profile with their image, biography, etc. In order to succeed, you not only take the first step but also follow through with what is being taught.
Most People Are Consumers, Not Producers
If you want to make money online, you don’t want to only be a consumer. You want to be a producer as well! For example, when you sign up for Wealthy Affiliate, you are the consumer. If you want to get something out of it, you must become a producer.
A lot of people spend too much time and money buying different products that claim to make them rich overnight. The only people making money are the ones behind those products. The consumers, on the other hand, are the ones spending money.
There’s no get-rich-quick method, so it’s best to get out of that mentality and stick with what’s realistic. The things I recommend will eventually make you money, but it does require your effort.
The Gambling or Lottery Mentality
When people tell me that they’ve purchased my recommended platform, but they’re not making any money. First of all, most of these people haven’t even set up their first website. I usually categorize these people in the gambling or lottery mentality.
A person with a gambling or lottery mentality:
- I’ll go and buy a lottery ticket and if I win, I’ll become rich!
- I’ll spend money on Eric’s recommended product and services and the money will come raining down on me!
There is no magic bullet when it comes to making money online. You need to have the right mindset when starting an internet business, so you can live a life with little to no restrictions.
Like any business, it requires customers, repeat customers, ongoing effort, and ongoing expenses. It’s not like buying a lottery ticket, where you spend the money and you’ll either win or lose.
If you want to make money online, you need to have a business mentality, not a gambling or lottery mentality.
Conclusion
When it comes to making money online, you are your worst enemy. First of all, you do need to put in the effort! I use this example a lot, but it makes sense.
Making money online is similar to working out and getting fit. Most of us would love to be physically fit, but not many of us are willing to endure the process of getting fit.
As the producer, I can provide you with the best type of training with all the secrets revealed. It won’t get you very far though if you’re just going to consume the information and not produce the work.
Again like working out, paying for the gym membership is not enough. You have to actually work out if you hope to see results.
Lastly, your mentality is very important. That’s why I always emphasize that my information or recommended product and services are not in any way going to get you rich quick.
For those who are looking for instant gratification, you are better off working a regular 9 to 5-day job or going to the casino.
Hopefully, this answered most of your questions as to why you are not making money online. There are no secrets, it’s just up to you to decide if you want to be successful at it.
Most of my recommended products and services are FREE especially my recommended platform. It comes with free online training! You can learn more about this training course by clicking on the laptop image below:
Hopefully, this article gave you the perfect answer as to why most people fail at making money online. If you have any questions, comments, or concerns. Please leave them in the comment box below! Also, please share this with your friends.