The 6 Biggest Myths About Making Money Online

When it comes to making money on the web, everyone has their own perception of what it means to make money. Some people think making money is impossible, while others think it is a piece of cake.

To help address some of these myths about making money online, I wanted to address some common myths that are often portrayed online. You will often see multi level marketers selling these ideas in order for you to buy their product. While everyone wants to buy the magic product that will grow you money from thin air, the reality of making money online is much different.

Myth #1 – Making Money On The Internet Is Easy

Making money online easyThis is probably the biggest myth that you will hear coming from a lot of sales people online.

“Look how I made $100,000 in 6 months and You can TOO!” is a common sales tactic that you will see people sell to their readers. The truth about making money online is that it takes hard work and focus. If you think you are going to simply set up a website, write a few articles, and forget about it, you are going to get nowhere.

Gone are the days when you could set up a domain name using a targeted keyword and rank just off the keyword. The internet has evolved at a rapid pace and now the search engines rank QUALITY over QUANTITY. If you have a site that you put your heart and soul into, there is a good chance that over time that will be rewarded.

While there once was a time when gaming the search engines and making money online was actually easy (the good old days), in this day and age you need to put in the work NOW, to get a possible reward in 6-24 months. The timeline of the reward will depend entirely on how well you market your website and the quality of the content you produce.

Myth #2 – You have to Be Smart (Computer Skills) to Make Money Online

SmartWhen people think of internet bloggers, they often think of those smart guys in the computer labs. While there are definitely a lot of nerds who are making good money online, a good majority of the online bloggers are regular people like you and me. You don’t have to be a computer science nerd or a programmer to make money online.

What is more important than technical knowledge is the ability to connect with people. If you are able to connect with your audience and have good people skills, this will carry you a long way in building up a relationship with people around you.

Managing relationships is the best way to truly build an audience and gain fans of your website.

Tens of thousands of people who are making money online come from a whole range of various backgrounds. You have people who are carpenters, painters, architects, real estate agents, entrepreneurs, computer programmers, teachers, and coaches, just to name a handful of their skills, who are making a full time living teaching people their craft on the web.

Myth #3 – You Have To Be An Expert On A Topic

Expert On SubjectThere are a lot of people who make money online who are not “experts” in their fields. While it is definitely advantageous to know a topic inside out, you can always learn as you go and write about your experiences learning your craft. Personal blogs about adventure, training, or learning are some key things that come to mind.

There is plenty of money to be made by recommending affiliate programs and offers to other people online.

While you should be knowledgeable about a subject before you try to pass yourself off as an expert, there are many ways that you can make money on the web without selling your own product.

The key is to look at your skill set and your passions and try to choose a topic based on that. If you don’t find something that you like writing about, you will have a really hard time making money on the web.

#4. You Need to Be Sleazy To Sell Products to People

Salesman

There are some online marketers out there who only focus on selling people the dream of making money on the web. These marketers usually have courses labelled like with cheesy headlines like “the Six Figure Income” or the “Live Your Dream Lifestyle,” that are designed to make you want a piece of the dream.

They will sell you on the “dream” and try and hold out the carrot stick in front of you to get that dream. What they don’t tell you is that they are making millions of dollars off the backs of people who are buying into this false dream.

Real people who make money on the internet are actually making the world a better place. They are selling services or products that are useful to the people who read them. Honest marketers like Pat Flynn, have showcased that you can make millions of dollars, without using cheap sales tactics and tricks.

#5. You Have to Be A Good Writer

Writing SkillsFor a lot of people, writing is the biggest reason they don’t start a blog. To be honest, this was the issue that gave me the most fear when I first started blogging many years ago. While you need to be able to write down your thoughts, you don’t actually need to be a good writer.

I am a perfect example of that. Throughout my years in University writing was always my weakest subject. If you compared my writing to my peers, they were all leap years ahead of me. Even to this day, my writing skills are nothing special, yet I still manage to get my message across.

While I might get a comment every few months with a grammar correction, most people are pretty understanding when it comes to reading blogs. Obviously if you are going to be blogging about “How to Write,” then you probably should be a good writer. But for 95% of people, you don’t have to worry about your writing skills.

There are plenty of people in every niche imaginable, who are just average writers, who are making a full time income on the web. The key is to be willing to learn and work on your writing as you go along. While you don’t need to be a good writer, you should understand basic formatting and how to structure an article of a blog.

There are hundreds of websites that focus on teaching people how to copywrite for blogging, which are great at teaching people how to write blog posts etc.

#6. Working For Yourself Is Easy

easy jobWhile there are definite advantages to being your own boss and setting your own schedule, the biggest challenge with working online is creating a routine and maximizing your time spent throughout the day.

When you work for a company, you have someone who holds you responsible when you don’t get work done. This forces you to work, regardless of how you are feeling that day.

The problem with online work is that you can choose to work or not to work.

Because you are not getting an hourly wage/salary and you don’t have a boss looking over your shoulder, you can slack off easily.

While it might be easy to stay motivated and work hard when you are making a six figure income online, if you are making $20 a week, you have a hard time staying motivated.

If you want to work for yourself you need to learn how to be disciplined and focused. This will require you to learn how to shut off all the distractions around you and focus on the things that are important to you.

Put in the Time and Reap the Rewards

The more time you dedicate yourself to building a blog and creating a brand, the more chance you have at success. If you spend one hour a day on a blog, then it will take you 40 days before you put a full 40 hour work week. Someone who can manage to spend 60 hours a week on their websites, are going to be 12x more productive in work.

Time and Effort = Results (Maybe)

The key to being successful with a web business is putting in the time and getting started. Even if you work full time, you should still dedicate your weekends and evenings to work. This will speed up the process of being able to develop a full time income on the web.

While earning a living on the internet is not easy by any means, if you follow the right process and are driven, you can succeed. The key is to be persistent and don’t give up if you aren’t “succeeding” at this very moment. Focus on the process and you will be able to find success, no matter how big or small it is.

Leave a Reply