If you were to ask almost anyone nowadays, they would tell you that they’d love to make some extra money online.
However the truth is that the majority of these people will never even make a dime, then blame that there’s no real way to make money online and that everything is a scam.
However as I’ve shown in a previous blog post, ordinary people like you and me are able to make money from the internet and a lot of it!
So then why is that so many people don’t succeed?
Well here are my top 8 reasons why people fail to make money online.
Reason #1 Not Treating It Like A Business
Every time I hear someone say they want to make money online, I hear them say things like…
I’ll try this out for a few months and see how it goes.
I want to make $5,000 a month within the next 6 months.
Or I need to make money within the next few weeks to help pay my bills.
And I can’t help but shake my head every time someone says this, because making money online doesn’t happen quickly or easily ( even though there’s a lot of programs out there that will say otherwise).
You see to make a good income online ( like the kind that can pay your bills and let you go on nice vacations) takes a lot of hard work, persistence, and patience.
Because unlike a traditional job where you get paid a set amount per hour — with an online business you probably won’t make a single penny for a good 6 months.
And this can be very hard for most people after they’ve put their heart and soul into trying to make something work.
But I can assure you that if you start thinking about making money online as running a real business rather than just some side job — you’ll without a doubt become successful.
Reason #2 Afraid To Spend Money
Another problem I hear people make all the time is when they to have to spend money online.
Now look I get it, there are tons of programs out there like this one here that will ask you to pay thousands of dollars up front, just so you’ll to go and resell their course to make a profit.
But that’s not what I’m talking about, and I strongly suggest you stay away from these kinds of products.
Rather what I’m saying is you should spend money on things like hosting, domain names, paid traffic, an auto responder, and a keyword tool.
Which will probably cost you around $50 – $60 dollars ( not including the paid traffic ).
However for whatever reasons, you’ll have people that will not want to invest their money into these things, but in the same breath want to make thousands of dollars online.
But the only way to truly grow your business and income, is by not being afraid to invest money into your business.
So don’t let the fear of having to spend money hold you back from succeeding, because if done correctly it can actually help you earn a whole lot more.
Reason #3 Not Having Proper Training
Without a doubt, I would say this has to be one of the main reasons as to why people never make money online.
Because sadly when people start looking for ways to earn some extra cash on the internet, they usually fall for these low quality products that say they will be able to quite their job and travel the world by the end of the month.
However anyone that has been successful online, will tell you that this simply doesn’t work.
Also everyone I’ve met who makes a full time income online has said their success is not only because of their hard work ethic, but mainly due to having a program with proper training they could follow.
And I can also testify to this that when you buy a product that gives you only pieces of information of how to do things, no matter how hard you work you’ll never become successful.
So instead of jumping from opportunity to the next thinking it’s going to give you some big secret into how to make an income online…
First figure out HOW you want to go about making money online — then search for a product that has a good rating and a method proven to work that you can follow.
Reason #4 People Are Lazy
A lot of people nowadays want to have an online business, but at the same time they don’t want to put in the work or time to make it successful.
And again I blame this partly on all the scams I see online, where they literally say you can click a few buttons and sit back and watch the money come rolling into your bank account.
But on the other hand, I blame it on people just wanting everything given to them on a sliver platter.
You even see this outside of the internet, when you hear people talking about wanting a six-pack or getting an amazing body — but they don’t want to go to the gym or change their diet to get healthier.
However I’ve learned that if you really want something, you need to work hard and consistently to achieve it.
So my best advice to you, is to understand that there is no shortcut to becoming wealthy online — and that you’ll need to work hard and do things that most people won’t do in order to become successful.
Reason #5 Not Focusing On One Thing
Another very common reason why people struggle with making money online, is they can’t stay focused on one thing.
They jump at every and any opportunity they see, and never give any single one of the time or dedication it needs to actually work — which in the online world is called the shiny object syndrome.
And don’t get me wrong, some of these products out there are very tempting and at one point or another I think we’ve all bought something on pure impulse rather than with taking our time to make an educated decision.
But when you do this again and again you never develop the skills you’ll need later on down the road, plus you’ll feel overwhelmed and confused by people telling you so many different things and eventually just give up.
However if you focus on ONE method and use all your energy to promote ONE product — you’ll start to see the results you were looking for.
And believe it or not, it only takes learning one method, building one website, and promoting one product to earn a 5 – 6 figure income online.
Reason #6 Lack Of Consistency
Whenever you start out trying to make money online and build your business, the first few weeks and maybe even months are usually quite exciting.
You’re learning new things, doing things you never thought were possible, and imagining yourself in a little while making a good income from all your efforts.
However as time goes by, it’s very easy to lose that drive you had in the beginning especially when you aren’t getting the results you were looking for.
I’ll be the first to say I’m guilty of this.
So instead of putting in 2-3 hours every day into your business like you did in the beginning — days if not weeks go by and you start to only work on your business when you feel like it.
But if you truly want to become successful, you need to get into the habit of making your business part of your daily life.
For me I work a full time job, and have to drive my wife all day from place to place. But I’ve found that the 2 – 3 hours I have in the morning are perfect for allowing me to work on my business.
But I get it, were all busy and sometimes finding the time in the day can be very hard. BUT if you want it bad enough, you’ll make sacrifices — such as waking up early or staying up late to get your work done.
And a phrase I like to remind myself as I keep working on my website, is that Rome was not build in a day and neither will your business.
You see the people who make a good income from the internet didn’t work hard for one month and stopped — but every day they put in an hour here and maybe a couple hours there, then through their continuous efforts were able to achieve their goals.
Reason #7 Lack Of Patience
Another problem people have is they simply don’t have any patience when it comes to making money online.
They want to rush through whatever training the’re going through, the want to put their site and content up as fast as they can without giving it much thought, and most importantly they want a lot of money coming into their banks as soon as possible.
However as I’ve mentioned already, building a business ( and almost everything in life worth pursing ) takes time. Not to mention you’re going to have several set backs, and possibly fail multiple times at one thing or another.
But by focusing on your long term goal and realizing that you’re running a marathon and not a sprint will give you the determination to keep moving forward no matter what obstacle comes your way.
And whether it takes you 6 months or 6 years to earn the kind of money you are looking for, wouldn’t it be worth it?
So again just take some kind of action toward your business every single day, focus on that one goal your really wanting, and just be patient.
Then before you know it, all that hard work you put it will eventually pay off.
Reason #8 They Simply Quit
Then the last but not least, I would say the majority of people who fail to make money online is due to them simply quitting.
They either thought it was too hard, thought they’re not smart enough, or that making money online simply wasn’t meant for them — so they go back to a 9 – 5 job they probably don’t like.
But I can guarantee you one thing, and that’s I’ve never seen one single person fail at making money online that didn’t give up. Sure it might have taken them much longer than the average person — but they were able to do it nonetheless.
Also not to mention, when you quit you will probably regret it the rest of your life wondering how much better your life could have been if you just stuck with it.
Because I’ve seen people go from making nothing to earning 4 – 5 figures within a year or 2. But if these people simply quit within a few months in when they were struggling or had set backs — they would have never gotten to experience the financial success they have now.
And also to help bring some motivation to you, here is one of my favorite pictures of famous people and their failures:
So just think if people like Michael Jordan and Walt Disney were to quit because they failed, they would of never gone on to achieve the greatness they had.
And the same goes for you.
You can take the easy way out and quit, OR you can stick with it and see what kind of amazing things you can achieve down the road.
I hope after reading this article, that you now understand that the main reason people fail at making money online is simply due to their own faults or excuses.
They say they want to make money online and that they are going to work hard at it each day to make it a reality — but when push comes to shove and it’s time to take action, they have every excuse in the world as to why they can’t do it.
So again my advice to you is not to be like them, but to make building an online business part of your every day life and not have anything or anyone stop you from doing so.
And once you have that drive and self-discipline to succeed online — find a legitimate program online and follow ONLY their training until you become successful.
Personally, this program here is what helped me discover how to make money online by building a website and offering people products and services they were already looking for.
This meant I didn’t have to go out and find people, but rather they come to my site where I offer them helpful advice and products to their problems.
And if you’d like to learn how to do this too, you can click the picture below to read up on my #1 most recommended product online for teaching beginners on how to generate an income online.
So again I want to thank you for taking the time to read this article, and I hope you found it useful.
And if you have any questions or concerns you’d like to ask me, leave a comment below and I’ll be happy to help you out. 🙂