7 Reasons Why You Are Not Making Money Online

I started my first blog several years ago with very little information and understanding of the workings of a blog and how not to fail at it. Armed with the little Knowledge i was able to garner, as my patience would permit me, i jumped into it with all enthusiasm. I posted one or two scrawny articles and kept checking my revenue. Of course it did not come and i started to get discouraged.

The above is a personal testimony which unfortunately a lot of bloggers can relate to.

Below are some of the salient reasons why people (bloggers and online writers) fail to make money online.

 

 

1. Not Taking Action

People sometimes wait indefinitely before starting their online business. They read, buy products, subscribe to newsletters but still are hesitant to start working on what they have chosen to do. For some it could be the fear of failing that keeps them back or just plain old laziness. The more you delay, the more time that you could have used to build up and learn what works and what doesn't you lose. You've got to take the plunge

 

 

2. Unrealistic Expectations

The online success Stories you read or hear about inspires you to start yours and in little or no time expect that huge return on investment which was highly insufficient to start with. Any online business takes time to build, from starting and nurturing it to maintaining it, to keep it viable. The success does not come overnight although most people want to make money right away.

 

3. Inadequate Information

A lot of people start out without getting to know the basics of making money online. After several attempts to get my blogging back on track (because i quit several times) i realized i knew next to nothing about what i was doing. I put everything on hold and i began to read and learn as much as i could. With Sufficient knowledge, i relaunched and put everything i had learnt into use and i began to see changes. The learning did not stop there, i continued to learn on the go.

 

4. No Patience

Most aspiring online entrepreneurs want to throw the coffee in the water and see it turn brown immediately. It doesn't work like that online-you've got to be patient. Success online does not come overnight, there is a lot of work to be done. Anyone telling you otherwise is only wasting your time and not helping you. Any business regular or online requires a lot of input to make it a success.

5. Inconsistency

Consistency is very important for an online business, for any business for that matter. You must keep working at it constantly till you achieve the desired result. You must work hard equally in every area so it can all come together nicely. Do not jump from one method or technique to another, follow through thoroughly and evaluate your progress carefully after sufficient time to decide whether to try a different approach or not.

 

 

6. Wrong Ideas

The web is full of loads and loads of information but hey, not all of them are useful. Some will just confuse and set you off track. You have to learn to sieve through data and pick out those that will help you. There are info-preneurs in all fields trying to shove one product or the other down your throat with one hand and the other reaching down your wallet. Don't be in a haste to part with your money. My advice to you here is to follow due diligence

 

7. Failure To Build A Following

You've got to build a following if you are to do well in your online business. This you can do by building a trusting relationship with your audience. Let them get to know you, get familiar with your style and deliver always making sure your products are top-notch. This you can do by taking advantage of social media platforms.

 

Conclusion

It is possible to make money online. What you should know is that it takes time, effort and perseverance. Learn what works for you and don't be in a haste to jump upon every offers scheme you come across. With time, you'll find your footing.