You’ve Been Lied to About How to Make Money Online

e-commerce, online business profit, e-business, earn money on internet

Learn how to identify the lies, focus on what works and really learn how to make money online.

What if I told you that you’d been lied to about how to make money online? Yes, it’s true; you’ve been lied to, and it’s hard to believe. How could so many business owners and entrepreneurs have been wrong about such an important topic? There are many ways to make money online, and if you take the time to learn about them, you’ll be able to make much more than if you were blindly following some guru who tells you to do stuff like buy leads or get traffic from Facebook ads.

9 Truths about Making Money From Home

The internet is a massive place, offering many opportunities to work from home. However, there are also some false ideas about how to make money online. Here are nine truths that will set you straight about working from home and making money online.

Anyone Can Do It

Maybe you’ve heard stories of stay-at-home moms making six figures writing online or teenagers making big bucks playing video games. While those exist, anyone who tells you that you can make a lot of money working from home is lying through their teeth. The reality is that unless you have some incredibly specialized skill or are running an illegal business on your computer, it will be hard as hell to make any money working for yourself.

People Don’t Tell the Truth about Making Money from Home.

People are often under the impression that you can make a lot of money from home. While that’s true in some instances, it’s not always true. Many businesses that recruit work-at-home employees pay very little at all. Even if you have one of those jobs, you may have already realized that they don’t pay nearly as much as your old 9-to-5 job.

The Only Person That Can Hold You Back Is Yourself

No matter how easy or hard it is, if you want to make money online, then there’s one thing you have to do: start. There’s no secret formula that exists, no set way of doing things, and no pre-written instructions for making a living from home. You simply have to make up your mind about what you want and then get started.

There’s an Overwhelming Amount of Information out There

You are probably feeling overwhelmed by all of it. Don’t worry; you’re not alone. There is so much information out there that most people don’t know where to start or even make money online. It’s a lot easier than you think. Once you learn how much money is being made online every day, it will be hard for you not to get excited about getting in on the action.

Some Ways to Make Money are Better than Others

When people look for ways to make money online, they’re often skeptical and doubtful. The biggest reason? They’ve been lied to. People buy into get rich quick scheme, and when they try it out, they see it doesn’t work. This turns people off on online income opportunities altogether. However, you can make a significant income online with the right attitude, mindset, and knowledge.

People Don’t Like Taking Risks

There’s a reason that most lottery winners blow through their cash in just a few years. The feeling of winning is so great that people overestimate their ability to maintain that happiness once it becomes an everyday thing. Over time, feelings of euphoria wear off, and people revert to their original financial state—or worse. Studies have found that lottery winners tend to go through a period of increased depression or stress right after hitting the jackpot.

Networking is Key

The internet is filled with snake oil salesmen promising that you can make money online without working or leaving your home. Don’t believe them. If you want to start a successful online business and make a substantial amount of money, it’s going to take a lot of hard work—whether you’re running that business from home or not.

Focus on What you Enjoy and Get Paid for it

What if you could get paid for doing something you already enjoy? Now, stop for a second and really think about that question. Imagine creating an income stream out of your hobbies, knowledge, or talents. What would that mean for you? For most people, it would mean financial security – finally!

How to Get Paid to Do What You Enjoy — Option #1

You know best. You know what you want to do and how to do it. All you need to learn is the business startup stuff like legally setting up your business, getting capital, marketing, etc. If you are running a local business where you sell products and services to a local market (i.e., restaurants, etc.), your local Chamber of Commerce is the best place to start. They have countless resources and advice to put you on the right path.

If you want to do what you enjoy online, blogging is the simplest, low-cost way to get started. Start a blog and write about what you enjoy. You can promote a product or service linked to what you enjoy on your blog. This could be your product/service or promote products and services as a marketing affiliate.

There are tons of information and resources online on how to set up and market a blog, position yourself as a marketing affiliate, and market other products and services. Start with YouTube and Google and just go to work.

Do your research. There is a steep learning curve. Another resource you may consider is a free membership in FourPercent.com, which offers a treasure of educational, motivation, and marketing resources for online businesses. In fact, the story behind FourPercent is that 96% fail, and only 4% succeed. So, ensure you are part of the 4%.

The most important thing is patience, time, and consistency. This will not happen overnight. You will do a lot of work upfront before seeing any financial results, especially if you start with little to no marketing budget. It will take time and patients, and it will not happen overnight.

The chart below represents the typical emotional roller coaster associated with starting a business– online or offline. 95% of business startups quit, as shown. Don’t be one of them. Hang in there, weather the ups and downs, focus on your passion, and make it happen.

How to Get Paid to Do What You Enjoy — Option #2

Collaborate! Collaborate! Collaborate!. What if you can position yourself online where you can benefit from the marketing and funding power of a large Virtual Corporation. Virtual Corporation refers to a corporation staffed with aspiring entrepreneurs and independent contractors working part-time online.

The beauty is that you can simply show up to work online part-time as if you had a part-time job with the corporation, except, here, you are building a business within your field of expertise, area of professional interest, and entrepreneurial niche. Plus, because you benefit from the marketing and funding of the virtual corporation, you can start earning a lot sooner than if you started from scratch with Option 1 above.

However, this option may or may not be available depending on exactly what you enjoy doing or what you are looking to do. But, it doesn’t hurt to take a look at a Virtual Corporation business environment.

Whatever option works best for you, dig in, learn what you need, and make it happen.

About Dwight Chestnut 6 Articles
Dwight B. Chestnut is an ex-engineer turned business consultant and entrepreneur. His core focus and passion is developing, introducing and teaching Income Reengineering Principles and Processes to the general and business public.

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