Where 90% of people fail at making money online

in #money6 years ago

As an example, Jimbob Footshoe has created a YouTube channel all about beekeeping. Jimbob uploads consistently and has affiliate links at the bottom of his videos. After a month or two, Jimbob loses motivation stops uploading and doesn’t make money. Why?

After a certain amount of time (usually depending on your niche) you’re going to plateau or maybe even lose growth. On top of that, it’s usually pretty early in the process so it’s not bringing in very much money. This causes most people to give up and want to find a new niche or give up completely. They don’t know that if they stick to it, the pot of gold is going to be there, it just takes time and effort.

I’m not telling you that some projects shouldn’t be given up on, at the end of the day it’s what you decide.

Personally, I’d say 90% of my projects bring in a fair amount of revenue, enough to where I can say that my money works for me. It just took work ethic and time.

If you’re seeking out projects, please keep this in mind. It can apply to almost every business whether online or offline.