Realities of Making Money Online
If you hope to make money online or an aspiring online entrepreneur then you ought to know these harsh realities about online money making.
1. You Will Not Get Rich Quick
Making money online is not as easy as you think.
Forget about all the get rich quick schemes you see online. To be able to make money online you need to be patient, learn what works and what does not.
There are a couple of successful entrepreneurs that banks over $100,000 monthly but they did not become successful over night.
They worked, learn from mistakes and today they are successful.
2. You Will Not Make Money Without Working (Autopilot)
Just as you need to work to earn money offline, you also need to work in order to make money online.
To make money online you need to be willing to learn, persistent and hard working.
It takes a lot of work to make passive income online.
3. You Have to Take Risk to Make Money Online
Well, i know you don’t want to hear this but its true.
You need to take risk to make money online.
When i first ventured into domain flipping i bought a domain for $150 and sold it for $40.
Also my first micro niche adsense site was a compete mess.
I spent hundreds of dollars on domain, hosting, hiring writers and S.E.O but i was not able to rank the site and all the money went down the drain.
4. Making Money Online is Not As Easy As You Think
This is another bitter truth but its true.
If you think you can start making money online with the push of a button then you might fall prey to online scams that promise over night riches.
Like i said earlier you have to work to earn.
5. You Cannot Make Money Online Without Investment
There is no such thing as making money online without investment.
Whether you choose to set up a blog, flip a domain or set up an adsense micro niche site or any online money making strategy you choose, it requires one form of investment or the other.
Am not saying that you can’t make money online as a newbie.
I just shared some harsh truths about making money online so you don’t get your hopes too high and expect to start making money soon and get discouraged when the cash does not start coming early.
(Photo: Addicted 2 Success)