RealTalkAJ

It’s AJ, and this is my commercialized blog site, where I can share my lifestyle interests and provide thoughtful insights on topics worth discussing.

Why do most people fail to make money online? (9 reasons explained + 1 Bonus solution)

I’ll be explaining why most people fail to make money online.

This was a lesson I had to learn from numerous businesses I’ve joined over the course of about 10 years.

There’s usually a great partnership that happens early on and unless you’re working directly with the leader you fail.

If you’re lucky enough to join a team with a detailed guide of reference then you might last longer than expected.

But the goal is to make money so unless you’ve done that yet it’s probably something you can do to improve your skills.

Why do most people fail to make money online?

Most people fail at making money online for these reasons:

  • Lack of knowledge
  • Not taking action
  • Lack of patience
  • Conclusion
  • Poor planning
  • Marketing
  • Lack of traffic
  • Tough competition
  • Lack of consistency

These are given if you’re in the content creation game and depend on the success of your online business for income. Continue for my top 2 favorite starters for making money online.

Lack of knowledge

Not knowing the product or the benefit it brings the customer could make your job of educating more tough than it has to be.

Being educated on what your service offers can pay off tremendously when you have something that’s looking to buy.

One of the best things you could do to become more knowledgeable is becoming a product of what’s being offered.

Not taking action

When you’re not taking enough action in pursuit of your audience it puts you at a disadvantage against the more aggressive.

Taking action is doing any activities that are directly related to making sales happen.

Sometimes it might involve reaching out and having discussions before you get people that come to you ready for purchase.

Lack of patience

When you’re not patient enough it doesn’t leave room for you or your audience to grow in knowledge about your product.

Being patient is a divine gift and it has tremendous power when it’s exercised effectively.

Having patience when it comes to someone that’s interested in what you’re selling isn’t just exclusive to business.

It’s a lesson in cooperation most of the time too.

Conclusion

Focusing too much on the outcome ends up being a common problem with online entrepreneurs.

Poor Planning

A sure fire plan beats anyone that just coasts along their day without any goals in mind.

Marketing

Not enough marketing could be a possibility given we have so many platforms available to go viral on and gain exposure.

Lack of traffic

Close to the marketing tactic the goal in mind is to earn traffic towards your website and if you’re not earning a lot of traffic there won’t be many sales.

Tough competition

The competition pool with other marketers can be pretty competitive when you consider how easy it is to get a business started online.

Lack of consistency

If you’re not consistent in the actions that you put towards your businesses then you’ll never have predictable results.

My BONUS solution

My 2 favorite starter vehicles for anyone to try are the companies Paying Social Media Jobs and Wealthy Affiliate.

Final thoughts

There’s plenty of ways you could be missing out on making money online.

Here they are again:

  • Lack of knowledge
  • Not taking action
  • Lack of patience
  • Conclusion
  • Poor planning
  • Marketing
  • Lack of traffic
  • Tough competition
  • Lack of consistency

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12 responses to “Why do most people fail to make money online? (9 reasons explained + 1 Bonus solution)”

  1. Chris Weibert Avatar

    well said
    The article does a great job of outlining the various ways to make money online without having to sell anything. It’s a great starting point for anyone looking to get started.
    Chris

    Liked by 1 person

    1. dreadheadjay Avatar

      Chris knows what it is!

      Like

  2. Bestlg.team Avatar

    -You need to have a good understanding of how to market your product or service.
    -You need to have a product or service that is unique, and not just a copy of another product.
    -You need to find a way to make money from your product or service.
    -There are many ways to make money online, so it will take a lot of hard work, and not just a few lucky guesses.

    Liked by 1 person

    1. dreadheadjay Avatar

      Those are all good points!
      Thanks for sharing!

      Like

  3. BluntPathway Avatar

    This I believe because all the other posts about making money sound the same and make it seem like its easy.

    Liked by 1 person

    1. dreadheadjay Avatar

      Hopefully I’m understood clearly but making money online is more personal development than it is techniques and that change you have to make for yourself is the hard part.

      Liked by 1 person

      1. BluntPathway Avatar

        I hope I get to that point one day.

        Liked by 1 person

      2. dreadheadjay Avatar

        Just keep staying active on the site to learn as much as possible 💯

        Liked by 1 person

      3. BluntPathway Avatar

        It gets easier the more I read posts and interact with other bloggers.

        Liked by 1 person

      4. dreadheadjay Avatar

        What’s your favorite blog sites? 👀

        This is a big question that’ll have to get answered eventually. 🔑

        I personally prefer @quickprofitformula and @travelbloggingacademy 🔥🔥

        Liked by 1 person

      5. BluntPathway Avatar

        Lifesfinewhine, Renard’s World, MiddleMe, Carol Anne etc, there are so many 🙂

        Like

      6. BluntPathway Avatar

        I have just checked out the sites you suggested they seem to have more posts about earning online. I will have a look and study their posts, maybe send emails to ask some questions

        Like

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