10 Things I Wish I Knew When I started Making Money Online – I know there’s a ton of people every year who go looking for the dot-com lifestyle/dream, a little percent makes it work and continues, sadly the bigger percent eventually has to let their dreams go and give up with money-making online. So, I wanted to do a quick video/article that will show you all the little things that you need to know about making money online in order to be the person who stays and makes it their life. This is a useful/motivational article, so please stick around till the end. – Sharing is caring.
#1. Lies And Methods That Just Don’t Work
One of the first things I’ll go over are the good and bad money-making methods that are scattered over the internet. Money making methods can be found on chat boards, forums, websites, blogs, eBooks, WSO, and in Information products all over the internet. Some are extremely awesome and the majority are fake and just created to gain profit through some sort of affiliate program.
The problem I had started at the beginning. Like most of you I only had a certain amount of money saved that could be used to keep myself afloat while trying to make money online. I started searching the internet for little money-making ideas. I was thinking if I found 10 little ideas that earned $10 per day I could easily keep myself afloat and upscale my little brand. Boy, was I wrong.
As you probably already know, about 9 out of 10 money-making methods that you find on forums, blogs and eBooks are untested, out of date or more than likely, just don’t work.
Sadly I made the mistake of not listening to my gut and trying hundreds of these little money-making methods that don’t work, this took time and cost a lot of cash. I also made the mistake of following other money-making bloggers religiously.
For instance John Chow. Personally I think he’s a lovely guy, but I just don’t believe in he’s writing. It seems to me that he only knows how to make money on the big scale, with a big investment and lots of marketing. That’s fine for someone who’s already making big money and can afford to lose money, but for the average money-maker it’s just not possible. He also makes online money-making look a lot more glamorous than it really is. I mean I honestly don’t know one person making money online that only works 2 hours a day part from him.
John Chow is just an example, there are hundreds of others that do it 10x worse, I just personally follow John Chow and he’s one of the most high-profile online money makers and I expect more from him.
So What can I teach you from these mistakes:
- Never sign up to an affiliate program that makes you pay.
- Don’t trust money-making bloggers that never having anything bad to say about a product.
- Don’t trust high-profile blogs that have lists articles that all have the same content.
- If you’re going to try loads of money making methods, do one at a time and start with the ones that cost no money. (they’re always the best)
- Open a blog right away and document your journey.
- Don’t rush and be scared to tread on people’s feet.
#2. Concept Of Time Is BS When It Comes To Making Money Online
When you start money-making online you’ll quickly realize that there’s no 9to5, you’ve got to work the hours that get the job done. I personally get up somewhere between 2am and 4am throughout the week. That’s just because it’s peaceful and I can usually get the hard work done before people are even out of bed.
You’ll need to find what suits you the best and then quicker adapt to it. If you’re not in a job/part-time job try to change your work hours and see what happens, get up earlier or go to be later, just do some testing and see where you’re most productive.
#3. Never Form A Partnership Online
Movies, Forums and Books make partnerships seem like a great idea, and they’re not. If you’re starting your money-making journey online then it’s sometimes a good idea to have some company, but that company shouldn’t be involved in your business, especially if you’ve not met them in real life.
All you need to do is search online partnership scams to understand why it’s a bad idea.
However partnerships aren’t always bad, if you’ve got a person in real life that’s going to help you out, then it may speed up the process of earning money online, just makes sure you trust them and be extremely clear about your arrangement and what you expect from each other.
#4. People Won’t Ever Understand Your Working Hours
If you’ve got parents, sisters/brothers, girlfriend/boyfriend, friends, or just about anyone in your social circle, be prepared for them to not understand your working hours.
You might wonder what I mean by this? Well all of the people mentioned above will get annoyed at you sometime in the near future. Not because the amount of money you’re earning or the fun you’re having doing your job, no. Because you’re not free when they need you.
People will assume that your job isn’t real for about 5 years, in my case even after 5 years people still think it’s not a real job. I seem to annoy at least 3 people every day by the fact I can’t go out with them, look after something, sort someones problem out, go for a drink, etc.
People assume that just because you work for yourself that you can give yourself 5 days off a week to partying and being the perfect person, when in fact it’s the opposite and you’ll have a lot less time and don’t worry, when you try to explain this to them, they’ll take it the wrong way and end up starting an argument.
Just something it’s better to understand before you get into the money-making world.
#5. You Either Earn Little To No Money Or Loads Of Money
In the past 5 to 6 years of working online I’ve only met a handful of people who earn a normal salary. Money making online seems to have 2 categories, either just earning enough to live or earning thousands everyday.
This is something that took me about 4 years to realize. The reason why it’s so important is because once you understand that principle, it becomes more important to aim higher. There’s no point in working your butt off making money online unless you’re going to aim ridiculously high and go for what you think you deserve. So, aim high, create a plan and go for thousands per day, not hundreds.
I don’t know where to start. All I can say is this: As soon as you get enough money to get a lawyer, get one.
#7. There are Scammers Just Waiting For You
A big part of 101geek.com is testing money-making methods online, it’s only once you start trying money-making methods on a daily basis that you realise how corrupt a lot of webmasters on forums are. I’ve seen some of the highest level people on forums scamming people for the sake of a few dollars using sayings like: “If they’re stupid enough to buy it, I’m going to sell it to them”.
Even now I still waste money testing money-making methods that are scams. It’s just getting impossible to tell a scam from a real method these days. I’ve personally seen members with 3000 + posts, on high-profile forums, release products and services that don’t work or are extremely outdated. They then just get their friends and create fake accounts to comment on the thread saying how amazing the product is, and of course if you see people with 500 + posts talking about how great a service is you’re going to believe them.
That’s why you’ve always got to use your gut and also remember the famous saying: “If it’s too good to be true, it usually is.”
#8. You’ve Got To Keep Going
It will take time, not days, not weeks, not months, but usually years. You’ve got to be ready to give up a normal life for a while, in order to get to a great life in the future. You’ve just got to keep going.
Don’t make excuses to people for why you don’t want a normal job, if you’ve got to explain to someone why you don’t want to be ‘normal’ and do a ‘normal’ job then their not worth being around.
There’s no pride in doing a normal job when you know you’re capable of more. People always take whats called the safe option. The truth is, the safe option isn’t so safe, especially when you see people who’ve worked in the “safe” job for 10 years get fired. The non “safe” job turns out to be much safer because you’ve at least got an idea of what the future holds.
So, don’t give up, keep going and don’t worry about taking a risk and what people think. You know where you’re going and that’s all that matters.
#9. Don’t Question Yourself Or Ask People Who Don’t Make Money Online For Reassurance.
When I started my journey, everyone was worried and wanted to give me some sort of negative input as to why I couldn’t do it. This lowered my confidence and made it harder for me to succeed. I very quickly learnt that only my opinion matted and that of someone who’s already earning big money online.
After about 2 years of trying to make money online, I started taking more advice and listening to people who I knew, again even though I was proving people wrong, all they wanted to do was tell me I was wasting my time. It reminds of when I was a kid and you’d see something someone else wanted and automatically you’d wanted it more, even to the point you’d just take it from them.
As we get older you start understanding law (most of us do anyway) and you realize you can’t take something that someone else owns just because you want to it yourself, you’ve got to earn it. But with making money online it’s not something that can initially be brought. So instead they just try to make you think it’s a bad idea, because they don’t have the motivation to go get it themselves, but they also don’t want you having it either.
So, never listen to people with negative feedback, even if you think you can trust them.
#10. Create Content For People And Not For Google.
This is Easily one of the biggest mistakes that I’ve made on more than a few occasions.
When I got into money-making and blogging Google was all everyone cared about. It was all about SEO, creating optimised content and getting high page rank.
So, like everyone I learnt tons of SEO tips and tricks, started optimising all my content and slowly lost touch with what good content was. I would stretch 500 good words to 1500 bad words in order to optimise it and make it as Google friendly as possible and I even released articles on 101geek that now I’d be ashamed of.
Recently I started looking into becoming more of an authority in the money-making industry and I realized that if I’d only cared about the reader,back when I started this there’s a good chance that by now my content would have better spelling, grammar, a lot more readability and most importantly authority in my niche.
So as I end this article I really do recommend you ignore Google for a while and make the content for your users and not for long tail keywords ;). I hope you enjoyed and I’d love to hear from you all in the comments below.