The Truth about Making Money Online
One of the best ways to do well financially is to own your own business. It allows for more creativity and flexibility in your life than most employers could ever give. However, the barriers to opening a business can be high.
I get mad when people say or think running a business should happen with very little work – which is what they mean when they say it’s EASY. It can be easy, but in most cases it’s going to take SIGNIFICANT investment of either time or money or BOTH.
When someone lies to you about how EASY and EFFORTLESS their program is, they are lying to you. It flies against the basic laws of economics. When demand is high and supply is high, value drops.
Compared to other businesses, starting an online business is a BARGAIN. In an offline business you usually have to open a store, buy inventory, hire employees, etc. If you don’t know how to run the business you’ll have to get a franchise and pay them to teach you. And still work really long hours. Other people start their own business and it’s their whole life.
So if you expect to make money just putting in a few hours a week or on occasion, you’re dreaming. However, it can be fun, it really can be. Why? There is the challenge and adventure of learning. There is the feeling of knowing you created your own future.
SUCCESS has a price. And it’s not $90 for an ebook.
But online businesses have so many advantages, even if you pay someone to teach you. Even if you buy an existing web site that is already profitable (which is a good option if you don’t want to build it yourself). Of course you’re going to pay for it – need capital. BTW, you can also sell your web site.
Yes, you’ll have to learn new skills to build an online business. Yes, it will take time. It’s not like you build a web site and suddenly people buy from you with no work or investment in marketing it (just like in the offline world). However, a lot of the marketing is FREE or low cost. It takes your time. Sometimes marketing online is tedious, but it’s an investment in your future.
The more unique your concept or business the less work marketing will take. Because word of mouth takes over – people start talking about you. Ask how much marketing Twitter has done.
So to sum up: If you want success it’s going to take prolonged effort over time. It’s also going to take money. But the rewards and satisfaction can be bigger than you dreamed. Then everyone else will look at you and think it was easy for you. They want what you have. And they can have it, but they too have to pay the price. That’s just how it works.
Free Business Cards from Vistaprint (you just pay about $5 shipping)
3 Responses to “The Truth about Making Money Online”
Leave a Reply
June 9th, 2007 at 2:18 pm
I couldn’t agree more. Success is a process, not an event: you have to work hard for it. If it were easy, everybody would be rich!
Great article!
June 9th, 2007 at 4:01 pm
Vido,
Thanks for writing, I’m glad to find your blog with tutorials. My students will probably benefit.
Janet
June 12th, 2007 at 12:51 pm
Hi! My English is poor, so to the point:
Your Blog is Great!