10 Reasons Why People Fail to Make Money Online
You’ve found an amazing business opportunity, and you are so excited to get started.
In your mind, you said this could be IT!
This could be my ticket to get out of my miserable job and live a life of freedom.
You started to mingle around and chat with people who had the same epiphany as you when you were sold to the business opportunity.
This is Great!
They say, to be successful you have to surround yourself with like-minded people.
Your ego is up! Your self-esteem is up! You are all set to rock and roll! … You could really feel that success is within your grasp, and NOTHING could make you give up on this opportunity.
You were so excited that you went home and told your friends and family about the amazing business opportunity you’ve found.
You would have expected that they are as excited as you, but…
All you’ve got were an unenthusiastic look on their faces, and you said to yourself, “Just wait till I become successful! Till then, you will beg me to show you into the business”.
Weeks or Months down the road, you have implemented all the things that the program (the business opportunity) taught…
…BUT…
Why haven’t I gotten any success?
Other people have gotten at least a commission or a sale, buy why not me? Am I stupid? Is there something wrong with what I did?
I’ve poured my heart and soul into this, but what I’ve got a big fat zero in my bank account.
… Alright ….
Does this sound like something you have been through?
If you have… What did you do after that? (Leave a comment at the end of this page)
… Now …
Don’t be surprised that only 20% of the people who tried starting an online business will experience what I’ve described above…
Wait! Shouldn’t it be everyone who has ever tried a business opportunity? What about the remaining 80% of the people?
The truth is, 80% of the people who’ve ever purchased a make money online product, didn’t even get started, and that’s the sad fact.
Luckily for you, landing on this page would mean that you are a part of the 20%.
And, you are still looking for answers to justify your failures.
As a person who’ve been on both sides (at the brink of failure and having actual success), I have gone back in time to recall my past failures and have identified the reasons that held people back from their success.
If you are a person who is serious about your future, this could be the bridge to your success…
Reason #1: The Fear of Failure Overpowers True Potential
“I’ve tried once, but I’ve failed… Nah! It won’t work the next time. I quit!”
So you’ve encountered failures…
You’ve poured your heart and soul into this business opportunity, and have done everything you could, but you still failed…
You are emotionally drained and you have lack of financial resources to keep you going… The bills kept piling, and life took the best of you…
At this point… It is where your success or failure is decided.
People who Fail takes the easy way out by saying “I can’t do this further, I QUIT!” – I was one of them.
But, successful people (even when they didn’t know that they will become successful) say, “let’s keep going till we hit the jackpot”. – It’s only years later that I became this person.
It’s scary. Honestly.
Having to keep walking the path that led you to failure the first time (the second time, and so on), and you don’t even know if the end is near.
Most people (the majority) will take the easy way out, because it’s easy, it’s common sense, it’s the human nature.
My personal story…
I didn’t achieve success the first time, or the second time, or the third…
Honestly, I’ve lost count on the number of failures I’ve encountered in my life.
I’ve tried Online trading, Multi-Level Marketing (MLM), Affiliate Marketing, basically I’ve tried almost every make money online opportunities.
For some opportunities I’ve made a little money, but overall, I’ve lost.
I didn’t condition my mind to be successful, I didn’t tell myself that I need to “keep trying” on that one business opportunity. But, I naively took the leap whenever there’s a reasonable opportunity.
I was one that kept jumping from one opportunity after another.
Trusting gurus after gurus, spending thousands after thousands.
It is only when I snap myself out of this spiral that eventually got me to success.
It is when I decided that this one opportunity that I am in, I must succeed!
Failures after failures on the same business opportunity lead me to my eventual success.
If I were to quit after one failed attempt, and I didn’t pursue on the same opportunity, and instead jump to yet another opportunity, I would have NEVER found success.
Learn More about my Success. Chat with me on Facebook Messenger
Reason #2: Limiting Believe in Yourself
“You brain is like a circuit switch, once you believe you are something, you actually embody it.” ~ Jaret Grossman”
“I am not good enough”
“I’m not smarter than anyone else”
“I’m not good at speaking”
“I’m not good at writing”
“I’m sure I can’t be better than that person”
These are the sentences that we made ourselves believe.
I often get asked this question, “I can’t write well, can I still be successful online”?
“Are you able to face a camera to do videos then?”, I replied.
“I’m too shy, I don’t think that is possible”, that’s normally the reply I got.
What do you think? Can that person be successful?
You see, when I started this website, there were already so many other successful review sites, and trying to compete with them was really an uphill battle.
And, the longest article that I wrote before I started this website was 300 words, and I failed in the Cambridge English exams.
Do you think that I am qualified to write any articles?
Looking back, I didn’t think I was a tiny bit qualified, but eventually I did it, with practice every single day for the past 3 years. Writing a thousand word article is now my norm.
If you want to make money online, you need at least some form of personal exposure, be it through words (like an article), or videos, and if you can’t do both, you won’t succeed.
If you su*ked at something, practice it everyday till you su*k less, and the more you practice, the more you su*k less so much that you actually become good.
Start believing in yourself that you can achieve better, you just need more time to practice every day.
There’s an old saying “practice makes perfect”, and it still makes perfect sense today.
Reason #3: Lack of Determination – Go BIG or Go Home
What exactly do you want to achieve with your online business?
There must be an inner spark that ignites your motivation to do something.
As human beings, if we are left alone without any goals or dreams, we will be lazy and useless.
I believe you have something you want to achieve when you are starting out your online business. It could be financial freedom, it could be for charity or it could be anything.
But, what I want you to think about is, what kind of persona you want to be online. In other words, what do you want others to perceive you as? An expert in your niche or just another person trying to make money online?
For example, the reason I started Barenakedscam.com was because I wanted it to be one of the most trust worthy review site about online business opportunities, and by doing so, it will help guide people to legitimate business opportunities (I have been scammed many times, and that’s why I want to protect others).
This is the fundamental reason for me to strive for excellence whenever I write a review. Someone else might write a review without actually trying the product, but I chose to experience the product before writing any review, which is why my reviews are super in-depth, and therefore it creates trust.
So, think about it, what is your source of motivation to get you started with your online business?
People fail to make money online because they didn’t find the source of motivation (the purpose) for starting their online business, and that’s why they gave up eventually.
Reason #4: Afraid of Other People’s Opinion
“The only way to avoid pissing people off is to do nothing important” ~ Oliver Emberton
As you know, I run this “Scam Review Site”.
And, because of the nature of this business, people sometimes get angry when they see their business opportunity being called out as a “Scam”.
Some people hate to believe that their decision is wrong.
Of course, everyone is entitled to their opinions, and my opinion is not stronger than the next person.
With that, people curse and swear on my reviews almost every day.
I received hate mails from people all over the world (yet there are more people who thanked me for my honesty), and to be honest, I was deeply affected at first.
I thought I was doing a good service by exposing business opportunities that are not worthy, and directing people to legitimate opportunities that I and many others have success with.
The problem with this is that people see it as my way of discrediting other businesses, and promoting my own.
However, people don’t see that I am a few steps ahead of them because I have tried so many opportunities and I know which are the ones that are genuine and which ones are not.
True enough, the “opportunities” which I discredited, closes down or are being shut down by the government within a year or two.
Good examples are Fanbox, Empower Network, Digital Altitude and The Four Percent Group.
People were singing praises for them, and called me a liar, a cheater, etc.
As a human being, it is inevitable that we feel emotionally distraught, because the belief that you are doing a good service to the public is being questioned.
However, like the video above mentioned, as you build your empire, there will be enemies who will try to belittle you and force you out of business. There’s really 2 options:
[OPTION 1] To surrender because you just can’t take the emotional stress
[OPTION 2] To fight back, by fighting your own emotion
I chose option 2….
I gave up having arguments with negative people who are just not worthy of my time, and I divert that attention to people who really needs and wants my help.
Over the years, I’ve helped hundreds of people find success online, and they are the reason I am in this business, and they are the reason I became successful.
My advice is, don’t be afraid of what others think of you. As long as you have a powerful purpose behind your online business, and you can justify your actions, there is no reason to feel upset because of someone else’s negative comments. Divert that attention to people who wants and needs your help.
Reason #5: Lack of Discipline
“There are 2 kinds of people, (1) I am going to wait till I feel like it before I do it, and (2) I gotta do it till I feel like it” ~ John C. Maxwell
This is a tough one, and probably one of the hardest!
But…
If you have this in control, it will be the key to your success.
I don’t say it because many others say it, I say it because I live it every single day.
I would say that Self-Discipline is one of the most difficult hurdles in your online business.
Because when no one is watching, you get to do what you want to do.
“Oh! My favorite TV series is showing, I’ll start work after watching this”
“What? There’s another episode after this? I gotta know what happens in the next episode”
“I’m so tired today, I don’t think I can work”
“I haven’t finished my game, give me 10 minutes and I’ll start work”
These are just some of the excuses I gave myself when I didn’t feel like working.
I’m sure you have excuses that stop you from doing meaningful things, and I invite you to share your “Excuses” at the comments section below.
My True Story
Honestly, the toughest challenge as an online entrepreneur is self-discipline.
Because no one else is watching you, except for yourself.
If you don’t work on your online business, it’s no one else’s fault but yourself.
Even today, I struggle with Self-Discipline.
You see, I earn passive income online which means that I’ll still earn a decent income every month even if I don’t work at all.
The problem is, I use this benefit as an excuse for me to laze around at home.
Some days I don’t feel like working, so I didn’t, and this is destroying my life and my business passively.
It’s really a tough nut to crack because you have to identify the things that distracts you, and you have to exterminate them so that you can concentrate on your work.
For me, watching TV series is a killer to my productivity, because it sucks my attention so much that I’ll probably end up watching TV the entire day.
So, my solution is a little extreme. I created two user profiles on my computer, and I block all websites that streams TV series on the profile I use for work.
The password to the other profile is controlled by my wife, and only a certain time of the day I am allowed to get the password from her. Lol!
And, I force myself to pay my wife a hundred dollars if I didn’t work for a day.
If you have a solution to help with Self-discipline, I’d love to hear it. Please share it with me in the comments section below.
Here’s an interesting video I found about Procrastination:
Reason #6: Consistency
“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” ~ Aristotle
You’ve started your online business, and you’ve worked on it for a few days.
Then, when life gets tough, you stopped working on your business, and days after days, months after months, you are only dreaming about building your online business without actually doing it.
Building your online business needs to be a habit. It has to be a part of your life that you can’t give up on (if you want to be successful).
If you want to build a successful online business, you have to be consistent, you have to work on it every single day, and it has to be in your mind during your waking hours.
When I first started my online business, I was still working in my miserable job, and I didn’t have the luxury of time to work on my online business.
So, I did something extreme which is to wake up 2 hours early before going to work, and I use that time to work on my business.
Week by week, it became a habit (a routine) for me to wake up early in the morning (even during weekends) to work on my business.
And, even when I was working, I kept thinking about how to grow my business. It is sort of an addiction, but in a good way.
You see, many people who started their online business didn’t build their online business as a part of their life.
Most of the time, people are just “trying out”, and as we know, it usually don’t work out.
My suggestion is to first identify your source of motivation (your purpose for creating your online business), then you have to follow a step-by-step training course that will guide you to work on your business every single day.
It is through consistency that will eventually lead you to success (but of course you have to follow and get support and guidance from the right people).
Still don’t know where to start? Need Guidance? Chat with me
Reason #7: Stick to what is working
This is a common problem I see in many entrepreneurs.
They start their online business, and they achieve small success.
And then, when success gets into their head, they started to diverge to other ventures.
Leaving the business that got them to their initial success.
Success is not a sprint, but a marathon.
If you find something that works, you have to stick with it and keep working at it. You can’t leave it to start another venture.
I have a friend who once told me that rich people have many businesses, and so he went out to “build” many businesses, yet none of them made him any money.
I also have a friend who have a successful business and he was thriving, earning hundreds of thousands of dollars in his first year, but because of his success, he ventures out to do many other things, and forgot what got him to be successful in the first place. Now, he failed miserably.
One misconception that many entrepreneurs have is that rich didn’t become rich by starting many businesses, they start by building one successful business that eventually allows them to expand.
And, when you find some success with what you have been doing, stick with it, and make sure that it grows! Successful people don’t give up on their successful business unless they have an opportunity to sell it at a super high price.
So, if you ever find small success with what you are doing, keep working on it.
Reason #8: Fail to find your passion
“You will not find that passion in things, and you will not find that passion in money, because the more things and the more money you have, the more you will just look around and use that as a metric, and there will always be someone with more” ~ Randy Pausch
It’s all about the money, it’s all about financial freedom!
If you have that mindset for your online business, you will most likely fail.
Every business in this world serves a purpose, whether it is to solve a problem or to provide an innovative solution. There is not one successful business that focuses only on financial gains (other than a Ponzi scheme).
Have you heard of the term, “follow your passion and the money will follow”?
That is the exact attitude that you need for your online business.
Focus on how you can serve the people you want to serve, and not focus on how much money you can make from them.
Because, when people see that you are genuine and sincere, they wouldn’t mind giving their money to you as long as you can help them achieve what they want.
So my take is not to focus on the financial gain of your business, but to focus on providing value to the people you want to serve.
Wanna talk business with me? Chat with me on Facebook Messenger
Reason #9: Lack of Support and Guidance
Now, you noticed most of the reasons behind a person’s failure are mostly personal.
I want to get into the secondary reason people fail to make money online.
You see, most of the online opportunities I’ve found are either a scam or they don’t lead you anywhere.
Most of them just give you the surface information and leave you to find the missing pieces.
Without proper support and guidance, 99% of the time people will fail.
Unfortunately, for most online opportunities, they are more interested to take money from you than to provide you with any value.
And, that is what makes me furious. Furious enough to create this website to discredit those unscrupulous programs.
So, if you want to find out what programs are legitimate, you can check out this list of legitimate programs, and if you want my opinion on the best online business that provides the best support and guidance, I would suggest that you check out Wealthy Affiliate.
Reason #10: Unable to Accept Constructive Feedback
I’ve worked with so many aspiring entrepreneurs over the years, and I realized one common factor that stops some entrepreneurs from progressing.
That factor is Egoism.
You started out by learning from others and you implemented the stuff that people taught.
You keep learning and learning and you think that you are an expert in the field, but you just didn’t make any money.
And then you seek for help, asking people to give you valuable feedback.
When people started questioning the very strategies that you’ve implemented, you started to be defensive.
You are so full of yourself that you believe that everyone else knows lesser than you (even when others are earning a lot more money than you) and you think that you’ve done the right thing.
So, why ask for feedback in the first place, right?
Believe me, this is a true experience that I’ve encountered when I was coaching somebody who is full of himself, and what happened to that person? He failed.
Listening to others, in my opinion, is one of the most important characteristic an entrepreneur must have, because that is the way that you can learn and grow.
Never take criticism personally, when people criticizes you, ask for the reason(s) and learn from it.
I know it is not easy to admit that you “Su*k”, but you have to learn from those mistakes to “Su*k” lesser. Lol!
My final word…
“Entrepreneurs are the ones who are willing to jump down the hill, and build a plane on the way down”
You see, the reason people fail in their online business is the same reason people fail in losing weight.
Most of the time (given that the business opportunity is legit), it is not about the opportunity that determines your success, it is the mindset that sets people apart.
Most people that I know of, buys into business opportunities after opportunities without taking any action (I was one of them).
They think that the “next” business opportunity could be their way out.
Someone once told me a story that the road to success is a million miles away, and people’s subconscious mind dreams about being at the end of the road, that’s why it’s called a dream.
To reach that dream, it all started with the first step, and most people got on to the first step.
But, just like you are trying to swim across the uncharted waters without knowing where the end is, most people swim back to the shores.
The dream is obviously still there, and they tell themselves that “someday” I’ll reach there….. “When I get enough knowledge and resources”.
This sends people down the spiral road of chasing opportunities after opportunities.
Because the fear of drowning is too great that people don’t stick to what they set out to achieve. Subconsciously, they are afraid that once they drown (fail), the dream of becoming successful drowns with them.
My sincere advice to you, from an entrepreneur to another, is to find a legitimate business opportunity, and stick with it (work on it consistently) till you find success.
Honestly, I am not a professional motivator like Tony Robbins or Gary Vaynerchuk, but I hope this article can inspire you to achieve what you were meant to achieve in your life.
I hope you enjoyed this article like I’ve enjoyed writing it.
I hope this can help you with your journey to your online success.
If you need guidance from someone who have walked a thousand miles in your shoes, you can chat with me on Facebook Messenger.
I would appreciate so much if you help to share this article by clicking on the social media buttons.
And, if you wish to discuss on this topic, you can leave a comment below.
Thank you so much and all the best for your online business.
Your pal,
Jack
Reasons You Are Failing In Your Online
It has been suggested that the ultimate reason for business failure is poor leadership. According to business guru, Brian Tracy, ‘Leadership is the most important single factor in determining business success or failure in our competitive, turbulent, fast-moving economy.’ Based on a study by the US Bank, the main reasons why businesses fail are: poor business planning poor financial planning poor marketing poor management. Proper application of these key factors is a function of good leadership. According to the study, in the business planning category, 78% of businesses fail due to the lack of a well-developed business plan. Remember the old saying: ‘If you fail to plan, you plan to fail.’ Leadership is about planning for success before it happens. Sun Tzu, the 6th century Chinese philosopher, in his epic work The Art of War, gave some sound advice that still applies to business today: ‘When your strategy is deep and far-reaching, then what you gain by your calculations is much, so you can win before you even fight. When your strategic thinking is shallow and near-sighted, then what you gain by your calculations is little, so you lose before you do battle.’ In the financial planning category, 82% of businesses failed due to poor cash flow management skills, followed closely by starting out with too little money. Business leadership is about taking financial responsibility, conducting sound financial planning and research, and understanding the unique financial dynamics of one’s business. Half of the UK’s small businesses fail within the first three years because of cash flow problems. They either run out of money or run out of time. Consumer debt, personal bankruptcies, and company insolvencies are all now on the increase. The third business failure factor profiled in the study, and a critical one, was marketing. Over 64% of the businesses surveyed in the marketing category failed because their owners ignored the importance of properly promoting their business, and then ignored their competition. Again, as a business leader, you must be able to effectively communicate your idea to the right people and understand their unique needs and wants. Leadership is all about taking initiative, taking action, getting things done, and making decisions. If you are not doing anything of significance to market and promote your business, you are most likely headed for business failure. You must also know your competition. Leadership is about providing value to customers; if your main competitors are all providing a better quality and lower priced product, how can you possibly create any value? Either you harness your strengths to provide different benefits (such as speed, convenience, or better service), lower your price and improve quality, create a different product for an unmet demand, or get out of the game. Finally, one of the most important reasons why businesses fail is due to poor management. In the management category, 70% of businesses failed due to owners not recognising their failings and not seeking help, followed by insufficient relevant business experience. Not delegating properly and hiring the wrong people were additional major contributing factors to business failure in this category. An interesting, alternative method of classifying reasons for failure is provided by Richardson et al (1994), who use the analogy of frogs and tadpoles: 1 Boiled frog failures These are long-established organisations which exhibit the often observed organisational characteristics of introversion and inertia in the presence of organisational change. This category can be illustrated by the problems faced by ICI. 2 Drowned frog failures Less to do with management complacency and more to do with managerial ambition and hyperactivity. In the smaller company context, this is the failed ambitious entrepreneur, whereas in the bigger context this is the failed conglomerate kingmaker, perhaps typified by Robert Maxwell. 3 Bullfrogs Expensive show-offs who need to adorn themselves with the trappings of success. The bullfrog exists on a continuum from the ‘small firm flash’ to the ‘money messing megalomaniac’. The behaviour of bullfrogs often raises ethical issues due to a failure to separate business expenditure from personal expenditure (for example, Conrad Black). 4 Tadpoles Tadpoles never develop into frogs and represent the failed business start-up in the small business setting. In the large business context, the tadpole is typified by the business which is dragged down by a big new project which turns out to be such an expensive failure that it destroys its parent. New products and services often fail, such as the Sinclair home computer. Small tadpoles usually fail to become frogs because of over-optimism, a failure to make contingency plans and a lack of interest in overall success as a result of too much focus on the product. aVOIDING FAILURE Perhaps the best way to avoid failure is to examine the myriad explanations for business failure. Many books and articles have focused on identifying reasons for failure as a remedy for prevention. One of the more significant earlier works was by Ross and Kami (1973); they gave ‘Ten Commandments’ which, if broken, could lead to failure: 1 You must have a strategy. 2 You must have controls. 3 The Board must participate. 4 You must avoid one-man-rule. 5 There must be management in depth. 6 Keep informed of, and react to, change. 7 The customer is king. 8 Do not misuse computers. 9 Do not manipulate your accounts. 10 Organise to meet employees’ needs. FURTHER REFERENCES Altman, E, 1968. Financial ratios, discriminant analysis and the prediction of corporate bankruptcy. Journal of Finance. Altman, E, Haldeman, R G, Narayanan, P, 1977. ZETA analysis: a new model to identify bankruptcy risk of corporations. Journal of Banking & Finance. Argenti, J, 1976. Corporate Collapse: The Causes and Symptoms. McGraw Hill. Beaver, W, 1966. Financial ratios as predictors of failure. Journal of Accounting Research, Supplement 4. Ezzamel, M, Brodie, T, Mar-Molinero, C, 1987. Financial Patterns of UK Manufacturing companies. Journal of Business Finance & Accounting. Richardson, F M et al, 1994. Understanding the Causes of Business Failure Crises. Management Decision. Ross, J E and Kani, M J, 1973. Corporate Management In Crisis: Why the Mighty Fail. Prentice Hall. Taffler, R J and Tishaw, H, 1977. Going, Going, Gone: Four Factors Which Predict. Accountancy, 88. Taffler, R J, 1983. The assessment of company solvency and performance using a statistical model: a comparative UK-based study. Accounting & Business Research, 15. Tzu, S, Zi, S, Giles, L, 2006. The Art of War. Filiquarian Press. http://www.companywatch.net http://www.insolvencyhelpline.co.uk http://www.briantracy.com
Hi Gopal,
Great insights and great references! Thanks for sharing!
Cheers!
~Jack (BareNakedScam)
Jack, this is a great article. I particularly loved the Master Procrastinator video. I feel that really wraps up your comments.
Ciao
Helen
Thanks so much Helen!
Cheers!
~Jack (BareNakedScam)
Hey Jack
Thanks for the article. I am just starting out as an online marketer. I have heard that 99% people who start online business fails. I can work long hours consistently and I have a very good self-discipline. But when you see all the negativity around you feel like you have entered in the wrong business. People told me that online business is saturated and you should not be wasting your valuable time. But I refused to give up and I decided to keep working. Thanks for reinstalling the belief in me that I can make it.
That’s the spirit! There’s definitely a chance for anyone to succeed online. Those naysayers are the ones who didn’t achieve anything, but seems to act like they know it all. Never heed advice from those people, they will ruin your chance of becoming successful.
You can surely become successful Sagar! I wish you all the best in your journey! Feel free to ask me help.
Cheers!
~Jack (BareNakedScam)
#5 is the big one for me. I tend to go on streaks of self-discipline, then fall off for a couple months. I really like the idea of creating a self punishment for not working. Bet your wife likes your choice of punishment too…lol! Do you have any other suggestions of ways to keep yourself in the groove and working steadily?
Hey Ryan!
I believe meditation or a 5 minute routine in your bathroom (like look yourself in your mirror and talk to yourself) or maybe watching some motivational videos in the morning will help keep you in the groove. For me, its the latter that works.
Cheers!
~Jack (BareNakedScam)
This was an enjoyable read. I especially liked reading the part about “Limiting Belief In Yourself”.
The human brain is a powerful machine and no one can deny the power that we have to influence our state of mind (positive or negative).
Practice makes perfect seems like an easy process to follow but we both know it takes persistence and hard work.
Thanks for presenting this in an easy-to-digest way – it made it fun to read through. 🙂
Thanks so much for your comment Dom!
All the best to you!
Cheers!
~Jack (BareNakedScam)
Hello. Wow I didn’t realize the ration was 80%to 20% on who fail versus who make it on online business. I know I am trying to make it right now and I found your reason to be very beneficial to me. I am going to hang on to this site to continue to reverse the reason I may not succeed. Just like you mentioned you have to believe in your self and not have the fear that you won’t succeed. Be a great bit of advice to refer to thank you
Hey Melissa,
Thank you for your comment!
If you reverse the negative reasons that will stop you from becoming successful, and turn them into positive motion, you will definitely find success. I have no doubts about it.
Keep it up and I wish you all the best in your journey to success.
Cheers!
~Jack (BareNakedScam)
Hi Jack,
What a great article. You pointed out exactly what it is that makes people give up and what you’ll need to make it. Doubt is really the biggest problem apart from a lack of self-discipline and persistence.
It does help to have step-by-step training that makes you feel like someone is there to help you out or a community that gives you words of encouragement.
Thank you for your wisdom. Looking forward to reading your next article.
Thanks so much Petra!
Will definitely inform you when I have written a new article like this.
Cheers!
~Jack (BareNakedScam)
Hi Jack,
I struggled for many years and only the last few months I have started to earn some money online.
I think my main problem was my limitation beliefs. I always had doubts that were leading to lack of confidence and consistency.
My suggestion to every beginner is to work on their beliefs.
Thanks for sharing.
Totally agree with you Llias. Our belief system is what cause our actions, and if we believe that we can do better, we will eventually get there.
Thanks for sharing Llias!
Cheers!
~Jack (BareNakedScam)
Hi Jack! Congratulations on your great article. I was reading and watching it all. It is a great motivational piece for anybody, for life, business, school, sport (by the way I am coming from the sports field and this is just totally right for it as well), work.
You need to be passionate, motivated, disciplined, focused, determined, healthy, and you got to love what you are doing to succeed.
I am starting my marketing site, and something great happened yesterday. I was ranked with one of my posts on the first page of Yahoo SE on rank 9, just two days after creating it.
That was the great success for myself. I was so happy about it. It gave me another motivation for it. But, what I wanted to say is that I loved to write that article.
This is the key. Just love what you do, be passionate and keep doing it. You will succeed.
Your article teaches all such stuff and that is why it is so great.
Keep up the good work and wish you a lot of success.
Igor
Thanks so much for sharing Igor, and thanks for your kind words!
Hey Jack, really cool article and so super much information in it. you really have some very good points in it, but I think the last picture hits the nail on the head. I have made this mistake one and maaaaaan I was so pissed of… but I learned from that 🙂 another great point is that entrepreneurship is not a sprint it really is a marathon. I just saved your site to my browser so I can come back here when I want to give up again ;P (which would be never) but seriously to come back again and get inspired or just to see that I’m not the only one who tries. .) thanks for the post. 🙂
Thanks so much Aaron! I’m glad this article can inspire people. That’s what I was hoping for when I wrote this article. I think I’ve done a good job (*pat on my shoulder*).
It’s an honor that you saved this article on your browser.
Cheers!
~Jack (BareNakedScam)
Didn’t know when I started this article that it’d be such an eye opener 😛 there are definitely a few things in that list that I’m guilty of… You’ve reignited my motivation to continue with my business so thank you! I haven’t been as consistent as I could be so I’m going to endeavor to work harder at it in the future.
Awesome Bryce!
I’m glad that this article helped you find your motivation. I’m rooting for your success!
Cheers!
~Jack (BareNakedScam)
Wow… This is so helpful and I have been dealing with so many of these issues myself. When I first started making my website, I was so into everything and writing everyday. Now a week passes and I only write one short article.
You are right… the key is to build it into your everyday life, to make it into a habit. Thanks for the advice!
You are most welcome! I’m glad this helped!
Cheers!
~Jack (BareNakedScam)
Hey man good article, you come up with some good stuff and your writing style is getting good too. I do agree though people needs to keep gonig and not give up if they dont make money right off. I am not making anything yet but im still going i have only been here for about 3 months now but i am making progress. Keep up the good work!
Thanks Justin!
Slowly but surely dude! I know you will make money someday.
Keep fighting!
Cheers!
~Jack (BareNakedScam)
Oh my word you seriously made me think of myself, I have had a lot of experience in failure for good reasons that is.
Your article made me feel a lot better, I see why it was I failed. Yes I don’t really have the support I needed, and now I know.
It’s not about what family and friends say it’s about you and what you want. I know that in the future I can be successful, your article is something I will treasure for the rest of my life.
I really learned a lot here today. Thank you so much.
Thanks so much for your kind words Angeligue!
I never knew that my article can have that kind of impact on someone’s life, and I am glad that it can!
Spending so much time writing this article is definitely well worth it!
I sincerely appreciate your kind comment once again!
Cheers!
~Jack (BareNakedScam)
Hi Jack!
Great article on the 10 reasons people fail to make money online. I am trying to make money online by blogging and I really needed to read this. I am more prepared now as I know the hurdles I will be facing in my pursuit to make money. I am already struggling with the fear of failure.
We all have to overcome our circumstances if we ever want to succeed on the things we set out to achieve. We are definitely not good at something at the start but as we keep working towards our goal and overcoming the adversity, we will eventually succeed.
I hope you will find your success soon Melanie! Don’t be afraid of what others think of you. Don’t let the negative force in your life affect your potential to greatness.
Cheers!
~Jack (BareNakedScam)
#5 and #6 has been my top problems. I watched both videos and they were inspiring.
I always get depressed when I see what procrastinating had done to me.
I’ve been overcoming this by being disciplined consistently. I’m starting to see positive results in being a disciplined proactive person.
I’ve been being extreme in reference to my online business. I’ve started going to bed early on the nights I don’t have to work in the evening.
I get up at 4am just to get my day started. It has actually improved my productivity.
I had to learn from watching TV all the time that Watching other people success isn’t helping my own. So I’ve also reduced my TV intake.
This post encouraged me not to give up keep, being disciplined and stay consistent.
Yeah Jamie! That’s the spirit!
I am sure you will find success, it is just a matter of time.
Keep being consistent and make them all into a good habit!
God knows what you can achieve if you keep doing what you are doing.
Cheers!
~Jack (BareNakedScam)
Thanks for the honest advice! (I love the way you found the “discipline” to stay away from TV series–) I can relate to all 10 of your reasons for failure, unfortunately. I like to write, but I’m hugely insecure about using videos. Does WA offer any instruction and/or support for marketing using videos?
WA has a small section on video marketing, but I am sure they will focus on that topic more in the coming months.
Cheers!
~Jack (BareNakedScam)
Hey, I have used the procrastination monkey video in one of my blogs too. Brilliant article and I think you can write really nice and clear. Yeah the self doubt is a tough one, I am dealing with it almost everyday. On top of it you get the self discipline. It is just so easy to go 5-9 because you can just switch off after. But is it full filling? For the first time in forever I realized, that I am in charge now. No boss no one to tell me, get up and work. But I am doing it. Thanks again
Hey Hendrik,
Yeah man! No boss is the best, but it also means that you have to be your own boss. If you don’t boss yourself around, you’ll never get things done.
seeing that you are also your own boss, I think you totally get what I am talking about, and congratulations on finding true financial freedom!
Yeh, the procrastination monkey video is one of the best videos about productivity I’ve seen. I’m curious which article of yours did you embed the video.
Cheers!
~Jack (BareNakedScam)
I’m definitely one of those people that has tried to make money online, but has never succeeded. I’ve started 2 blogs, and although I usually enjoy writing blog posts, I don’t get much traffic and therefore, don’t make any money from affiliate links or advertisements. It’s such a struggle!
I think my biggest obstacles are believing in myself (and what I can/can’t write about) and a lack of discipline and consistency. I have my ups and downs of wanting to get in my groove and really go for it, while also just wanting to give up because nothing is working. Reading your post, I’m sure the biggest way for me to succeed is to really push myself and write about my passion while not caring what other people think. I’m the one that holds myself back and impede my own success.
I plan to take your advice to heart and make a plan to succeed and accomplish my goals with passion this year!
Awesome Jen! I’m glad this article inspired you to push further. That’s the exact reason that I did this post!
I wish you all the best and I hope to see you succeed this year!
Cheers!
~Jack (BareNakedScam)
Hello,
Your post really talked to me and made me cry at a point because I recognized my behavior so much in many things, especially in the lack of consistency and the main focus on money. I struggled so much in life that I forgot that I had to focus on helping and informing people first instead of dreaming about money only. Once I changed my focus and became more consistent with my blogging, I noticed a change in my revenue. I wouldn’t say that I’m a millionaire with my blog already, but I see more and more people coming to my blog and clicking to my ads. So it’s very encouraging for me and I keep going. I’ve even decided that I wouldn’t check my Adsense account more than twice a week right now! Thanks for the wonderful message and keep up with the good job!
Thanks so much for your comment!
It’s great to see someone who resonates with this post, and it is definitely great that you’ve overcome your shortcomings and become successful. Congratulations!
Cheers!
~Jack (BareNakedScam)
Hi there
I have to say what hit me the most on this post was the fear of failure. I really think that does hold 99% of people back. If you look at the results of the population financially I think thats the biggest problem. They let their paradigm kick in and they go back to doing the same old stuff day in and day out. Really well done. Whats been the biggest thing that you have noticed for you?
AJ
Hey AJ,
Thanks for your comment!
The biggest thing for me was the lack of discipline. I struggle with it every single day.
Also, my other problem was my limiting believe in myself.
I’ve always wanted to stand in front of the camera, but there’s always a shadow that tells me that I can’t speak well like others because I don’t have the “English” accent. I just didn’t like how I normally speak.
Man, I got to get over this!
Thanks for your comment once again AJ!
Cheers!
~Jack (BareNakedScam)
Hi Jack,
This is a great article not only because of the content but because of your honesty. Your examples of both success and failure deal with every individual and every way of life. Whether that be business, sports relationships or marriage.
We have all felt how you have described and it is only those who keep trying and never give up that win.
Setting goals and having strong enough whys can help with discipline and resolve.
Excellent stuff mate
Thanks
Paul
Thanks for your kind remarks Paul!
Cheers!
~Jack (BareNakedScam)
I can tell you put a lot of time and thought into this article because there is so much content. I like the style in which you write, it is very nice. These pointers you present are so inspiring, and my favorite is reason #8 because even if you do succeed if it is not your passion, you will be unhappy. Specifically, I agree with the idea that money cannot buy happiness, but it is a tool to find happiness, and it can be a measure of how much you give to people. I like what you are doing, so keep it up. I will come back for more inspiring tips, thank you!
Thanks Marques! I wrote this article simply because I want to inspire others who have tried but failed in their journey to online success. I truly believe that anyone can achieve success online, but sometimes there are just some limiting factors that stop us from progressing, and I hope through this article, it can help unclog the negative thoughts in a person’s mind to move forward in a more positive direction.
Cheers!
~Jack (BareNakedScam)
what you are saying is so true. When it comes to success and making money online these are the keys that one needs in order to have success. Every success story uses these keys to get to the top. Your post is well detailed and is a good help and I am sure that your readers will learn a lot from what you are sharing.
Thanks for your kind words Norman!
Cheers!
~Jack (BareNakedScam)
I think number 4 is definitely one of the most important aspects of trying to earn an income online; you’re unlikely to be successful unless you are willing to really have a set schedule and goals that you stick to. In the long run, it’s actually easier to work from a routine- human beings are creatures of habit.
Totally agree with you Danny!
We are all habitual creatures, and when we instill good habits to our daily lives to improve ourselves, there is really no limits to what we can achieve.
Cheers!
~Jack (BareNakedScam)
Hi Jack,
Really in-depth article and inspiring.
Your story mirrors so many of my own experiences it’s scary. Keeping focused and being patient are the hardest of the disciplines I find.
I think that one of the things most folks don’t do is take breaks from time to time, which helps with the stale feeling you get when things bog down.
What are your thoughts on stepping back and taking breaks, while still maintaining a healthy business?
Great point EJ! Sometimes your brain gets cluttered after doing things over and over again, and you just need to take a break and re-organize yourself. Thanks for this!
Cheers!
~Jack (BareNakedScam)
Wow, after reading your story I have to be grateful that Wealthy Affiliate is the only online program I’ve ever purchased and it just so happens to be legitimate.
I agree that fear of failure and being afraid of other people’s opinions are huge obstacles.
Another reason I haven’t been successful online (yet) is due to fatigue/apathy from still having to work at a job I now hate. It takes dedication and pushing through the negative feelings to make a difference.
Hey Jo,
Thanks so much for sharing!
I too had that experience before. I hated going to work every single day because I just didn’t feel that my work was appreciated and that my superiors are just too difficult to work with, and eventually they stab me in the back while I supported them to their promotion. It is definitely unhealthy to work in this kind of environment, and especially you don’t find the passion to grow in your industry anymore.
But, you just can’t quite yet, because you may have someone at home who is depending on you. So, major sacrifices need to be done, like spending more time on your online business than to watch a drama series after you got home or waking up early in the morning to get things going for your online business.
I am sure you will find success soon if you keep working on your online business, and please, seek help and guidance from other successful affiliate marketers as well. I am sure there are good folks (like myself) in Wealthy Affiliate who are willing to help you out.
Cheers!
~Jack (BareNakedScam)
I definitely can relate to that. Getting all fired up about a new online course or project that could earn me big… only to see that fire dying down on me eventually.
Reading your article I could find myself in some of the points there. My main one was failing to find a passion or niche in my case that I feel comfortable with and could stick to long enough to start seeing results. And that’s another one of your other point lack of determination.
Feeling alone is also a big thing. Having no one to turn to that can understand what you are trying to do and can encourage and support you in your effort.
Thanks for sharing your side of the story Guy! Knowing that you have been working hard on your online business for so long, you are sure to be successful now. Your input definitely helps aspiring entrepreneurs understand what it takes to be successful.
Cheers!
~Jack (BareNakedScam)
Something that really stockout at me was when you said that people say “I’ll make it to the top when I have more knowledge and resources”, I thought to myself that you can’t really gain any knowledge if you don’t have experience. Plus an integral part of gaining that experience is failure.
I am also inspired by your willingness to wake up early to work on your business as well. I started using my lunch breaks and 2 15 minute breaks for working on something related to my business.
Awesome Jessie! We only have a limited amount of time per day, and it is how we maximize the time that matters.
I forgot to mention as well, when I first started, every breaks that I have from my day job, I used it on my business as well.
Of course, we have a choice to either spend our breaks with our colleagues gossiping or we use it on our own business. It is the sacrifices that we make that will lead us to our eventual success.
Thanks for sharing your piece Jessie! And, all the best to your online business.
Cheers!
~Jack (BareNakedScam)
Hey there,
That’s quite some honesty and genuine motives right there. I have seen you have been numerous times and would want to protect others, as a result.
I have been trying to make money the wrong way myself and thus have not been able to make a cent. I have bookmarked your post so that I can remember what you have said.
Thanks a lot for that. I really appreciate. You have changed my life.
Hi Dave,
Thanks so much for your comment and I am glad this article was helpful.
I truly hope that you will be able to find success online soon.
Feel free to chat with me if you need my help.
Cheers!
~Jack (BareNakedScam)
Hi Jack,
What a great article. while I was reading it through I found myself in many points there. Especially where you talk about the self-discipline. I think it the hardest one too if you want online success in a business.
Another point I like is the perseverance you are pointed out as the final key to success.
Very well put together. I will follow your recommendations for sure.
Hi Babacar,
Thank you! It’s been my pleasure sharing my past experience and I believe many people will have felt the same way as I did.
Hope you find your success too Babacar!
Cheers!
~Jack (BareNakedScam)
Hey Jack,
Great article, man. I love reading the personal development aspect of online marketing.
I feel like those 8 reasons can be applied universally to any skill set or business endeavor.
I just recently started, like three weeks in, and I’m really digging in to all the content and support.
It definitely looks like you’ve been at this for a while by the look of your website. Nice and clean!
Wilson
Hey Wilson,
Thanks for your comment!
Yeah! Been an affiliate marketer for years. I believe anyone can do achieve success if they have all the 8 elements I’ve mentioned. The key is really the consistency.
If you keep improving every single day, there is no reason that you will fail in anything.
Cheers!
~Jack (BareNakedScam)
These are great Jack and they are soooo true! It is so easy to let the doubt creep in to your head so before you know it you have failed before you even got started. I have been doing affiliate marketing for over a year now, in fact, I got started because of you so thank you! It takes a lot of patience and trust that you are doing the right thing but if you just keep pushing it will come. I am proud to say that I am currently bringing in 3k a month now simply because I wasn’t going to allow myself to fail any more.
Awesome Nate! Glad to hear that you have achieved your passive income too!
The key is always consistency. If you keep doing what is right and you progress every single day, you will eventually become successful.
Keep striving for excellence and you can breakthrough to any income levels.
So happy for you Nate!
Cheers!
~Jack (BareNakedScam)