WHY You Can’t Make Money Online!

This is a guest post by Kelvin Igbinigie from Entrepreneurs Discuss

Yes! You really cannot make any money online and I’m not scared to say it and in case you thought that was a mistake please read it again… I said “You can’t make any money online”.

Let me put this clear to you, if you think you can just go online or just buy those e-books or videos from those self acclaimed internet business gurus and just start having money sent into your bank account then you had better wake up from your dream.

Also don’t think you can make money online by opening a PayPal account or make money by reading eBooks that teaches you fast ways to make money online.

Some other people think they can just design a website or create a blog and start making money from the internet in few days.

I know many bloggers are scared to admit this fact but I’m telling you the truth: “You really might never make any money online all your life time”.

Now let me prove my point on why you can’t make money online… I’ll give you just 5 reasons why you really can’t make money online:

Make Money Online


1. You buy every e-book or video you come across that talks about making money online

This is one reason many people don’t make any dime online. Do you think you can just make money by buying e-book? Get this: the truth is that most times, the more e-books you buy the more confused you become which eventually stops you from making money online

2. You are lazy

Even when you are privileged to read the right eBooks you end up not doing anything about it because of one truth you have to admit: You are simply lazy. Many of you read good e-books and after reading you don’t just do anything about it. You can never make money online if you don’t take action.

3. You don’t want to sell anything

This is a mistake that is very common among newbies. They expect to make money online without selling anything. There is nobody making real money online that is not selling something. Google is selling advert spaces, Facebook is selling ads, Amazon is selling too, eBay is selling store spaces…

List them for me and I will tell you they are all selling something. Either a physical product or a service. So why are you trying to make money online without selling anything? Sell something or check out!

4. You have only one source of income

This is also another common mistake made by most people doing business online. You can’t just tie yourself up to one source of income and expect to make good money online. Don’t just stick to one affiliate product or just Google Adsense and expect thousands of clicks to make real money online. You will end up poor that way.

You should have at least three-four source of income… try adding Adsense and some CPC, try selling some good affiliate products, try selling ad spaces on your blog privately, try creating your own product etc. All of these will create multiple source of income.

5. You don’t have a focus and plan

How do you expect to make money when you don’t even know how or from what to make the money. Many of you just jump into the internet and put your hands on every opportunity you see. At least try to come up with a winning business idea. Have a plan and a focus before you start your online business. Your plan might not be 50 pages… Just a sketch of where you want to start from and what you want to achieve.

Now you can see some of the reasons why you have not made more than $10 online for 2 years now. Now you know why you are not making any money online.

Stay away from these mistakes and you will start making money online.

Now quickly let me help you a little with 4 tips on how you can start making money online:

  1. Patience: How patient are you when it comes to making money online? Don’t think you can make money over night.  The mindset most people have is that when they read eBooks that promises them $1,000 every week they expect to make that amount of money the very first night they started acting on the information. You must be patient enough to see your business grow. Do not give up too early also… this is the problem with many bloggers: They give up after three months of blogging without making a dime. Be Patient!
  2. Get Mentors: As simple as this is it is very important if you must succeed in your online business. Meet those that have been in the business for years and learn from them. This is one thing I really don’t joke with. I have mentors online… I read blogs that are way ahead of mine, I ask questions a lot. One benefit of getting a mentor is that you have the opportunity to learn what your mentor learned for years in an hour or less.
  3. Motivation: Motivation is what you need after creating the plan for you business. Try and create a mental picture of your dream and learn to see it every time to create motivation in yourself. You are motivated easily when you see and talk about your vision or goal of your business.
  4. Effort: Motivation helps you apply effort into your online business. Putting effort here means taking action towards making money online.  Effort is really needed from your end to move your business forward. Someone said “nothing works expect there is a worker”. So also you cannot make any money online until you start working towards it.

So what do you want to do now? Are you going to continue to struggle with making money online or you are going to start taking steps towards making money online?

Act now on that idea that you have!

Feel free to add to the list because I can’t exhaust all in this post.


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119 thoughts on “WHY You Can’t Make Money Online!”

  1. Thanks Ejaz… You made a point there about many people who know a lot but don’t act…Laziness and lack of determination stops them from acting most times…

    Thanks

  2. Too many people see “making money online” as a shortcut to having to do any legitimate work. I’ll start a blog about glass artwork and I’ll make millions!! People on the internet are savvy consumers as they are in person. You can make a professional site with great promotion and top-of-the-life SEO and everything, but if your content isn’t INTERESTING or WORTH LOOKING AT, then no one will stick around. It is baffling to me to see people say that they are trying to “make money online” and then talk about being lazy with updating their blog or website. Would you fail to update your department store and just have empty shelves for customers to see? Would you wait until you ran out of products to replace them? If you don’t have a REASON for making online content other than to make quick money, then you will get ignored.

  3. This is excellent guide for beginners.many newcomers think that reading those stupid ebooks from Internet (fraud) gurus will make you rich overnight,whereas they fail to realise that those gurus are actually making money from these fools.

  4. You just hit right on target. A lot of newbies buy everything that come their ways, just looking for the next best thing. They do not understand that they should get good at one thing, work it until it work then move to the next. Another point that I like, they do not want to spend any money. You need money to make money. You might not need a lot, but you need some. This is a great article. Thank you for sharing.

    1. Thanks Angel for sharing your comment also… many newbies are looking for ways to make $1000/day without spending a dime… That is why they end up frustrated… Even time is money in another sense… So there is no way you will ever make money without spending a dime..

  5. Very intersting article Kevin! I like how you shake everybody up on the first part but on the conclusion you share some helpful advices. All your tips were very useful and to be more specific I strogly agree with the one about getting mentors. Speaking from my personal experience, I could not figure out and learn some techniques and tips about blogging if my mentor and personal friend was not around! I believe that everyone should have someone to turn to and ask for advice.
    Thank you for sharing Kevin.

  7. Admittedly, my main problems are distractions …. and not being in the mood to write content on some days . My 2 blogs are under 6 months old. I have to put more “pep” in my step and get more involved

    1. Thanks Wayne for your sincere comment… My advice for you is that you better fight those distractions before they leave you broke… Be determined n focused…

      Waiting to hear your success story…

  8. The point you mentioned about selling is 110% true in the online world, because you cannot survive here if you are not selling anything online..

    Most of the bloggers are stuck with Google Adsense only which is quite insecure way to make money, because they can disable your account any time. And once you will be victim of this all of your confidence will loose..

    and Patience is the Key to Success.

    1. Thanks Kulwant for your comment… Many newbies really want to succeed online without selling anything and they end up been frustrated.
      Patience truly is needed for any business to be successful…

  9. Kelvin, in your post you mention a topic of ‘one source of income’. I guess it causes the biggest troubles for everybody who wants to earn some money. When some job is a key to your future life and you’re scared of loosing it then you can’t work effectively. It’s the end of your career.

    1. Thanks Anny For your comment…

      One source of income can never make anyone wealthy even in the real world… So we must make newbies understand that fact…

  10. I agree with every single tip that you gave, especially the part about patience. Success does not happen over night, unless you are fortunate enough to win the lottery and the chances of that are? Great post!

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