(Home Based Business) - Why (Make Money Online) My Adventures in

1. Making money online is NOT EASY

First things first. You need to put this in your mind first.

Making money online is never easy. In fact, I want to be honest and up front with you: Making money online is damn HARD!
Hard but not impossible.
It will take you hard work and time to make good money online. There is no such thing as overnight success simply by doing nothing.

Cripes, that only happens in your dream and Disneyland! (please note that I don’t have anything against Disneyland, I’m just trying to make a point here).

2. Focus on 1 thing at a time

I know there is a lot of information out there to be consumed, but the thing is, you don’t have to consume all of them at once.

If you’re learning a specific skill, say how to build a WordPress blog, then you should focus your time and effort on learning that specific skill. Don’t be distracted by other non-related ebooks or courses that talk about Adwords, Adsense, how to JV with others, social bookmarking strategies, etc.

Only when you have successfully built a WordPress blog, and only when you have become familiar on working with a WordPress blog, should you move on to other skills or areas.

It’s a lot better to be really good at 1 skill, than to be average at 10 skills.

3. Focus on the things that you are good at

Do you know that to build a profitable business online, you don’t have to know everything about Internet Marketing?

Take for example myself.

I don’t know everything there is to know about IM. If I say I knew everything, I’d be lying to you.

I just know what needs to be done and if I’m not good at doing certain things, like SEO, I simply find someone or some kind of SEO services to do SEO work for my sites so they rank well in the search engines. If I know nothing about programming, I’d find a programmer.

Focus on the areas where you are good at, and outsource other areas or skills that you are bad at.

4. Focus on the things that matter the most to your business
When you are just getting started in Internet Marketing, chances are you probably don’t have a lot of money to spend to outsource tasks to other people.

That is perfectly fine. You just need to analyze your current business position, and find out which tasks are more important than others, and do those more important tasks first.

Not all tasks are created equal. The Pareto Principle holds true in your online business.

20% of your efforts will determine 80% of your results, and the reverse is true as well. 80% of your efforts will determine 20% of your results.

Your duty is to find out the 20% that will produce the 80%, and then work like mad on that 20%.

5. Build beneficial relationships with your list

If you want to build a real, sustainable long-term business, you must build a list.

There was a saying that goes like this “The size of your list is directly proportional to your online income”.

I strongly disagree.

In my opinion: “The relationship you build with your list is directly proportional to your online income”.

To be able to sell products and services to other people, you MUST build beneficial and trusting relationships with them first.

Sure, you may get a few sales here and there even without building good relationships with your prospects, but these sales are inconsistent and short-term.

If you want to have consistent sales coming in, you must build beneficial relationships with your subscribers so that they trust you and see you as an expert in your field.

If you want to find out how you can create beneficial relationships with your list, you can see an article I’ve written: Give And Create Value First, Receive Second.

6. Never, ever, give up

When things don’t go the way you expected, especially when you have invested countless time and effort but the results are disappointing, it’s normal to be discouraged.

But whatever you do, do not ever give up, EVER!

These are just temporary setbacks that you have to undergo if you want to be successful.

Let me rephrase that for you just in case you don’t see what I’m trying to convey. Read this very carefully:

In order to succeed, you MUST fail first!

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