10 Reasons Why People Fail To Earn Money Online

They fail to write a business plan. If you fail to plan, you plan to fail. Not having a business plan means you don’t have any firmly set goals. Along with a business plan you should have a marketing plan that clearly outlines your advertising budget and what you plan to do if something goes wrong.

They can’t stick to what works. Instead of having and focusing on a few affiliate programs that work for you, become a chronic opportunity seeker and hop from one work at home business opportunity to another. You never give yourself a chance to grow a single business.

They don’t know their business. People never get to know their business inside and out. They don’t know what sets them apart from the rest, how their business helps to serve the public and what strategies to use to make it better.

They put more emphasis on the “home” part of “work at home”. They are so caught up with the notion ofgetting to work from home that never they actually come to terms with the fact that this is work. In fact it may be one of the hardest things you ever you do.

They don’t put advice into practice. There’s a lot of information out there. Good, useful information to help you earn money online can be found both online and offline. Your business can take a 180 if you only implement it. But many people get information and tuck it away somewhere without ever using it.

They put web creation before content creation. They spend so much time trying to make their site “pretty”, that they forget to add any real information to get browsers to come back. Your flashy welcome sign can only do so much.

They neglect their babies. It’s either because they have too many websites or they get bored, whatever the reason many people forget to revisit their websites and look at it from a consumer point of view. Do your links work, is your content up to date, is it easy on the eyes. Even if you have 50 websites you have to show them a little TLC every now and then.

They lose touch. They don’t keep in contact with their list frequently enough. It’s not as if your list is holding their breath waiting for an email from you but they did take the time to sign up to your newsletter, you can a least drop a hello.

They trade dollars for hours. You’ll never earn money online by trading dollars for hours. It won’t kill you to miss your favorite TV show or opt out of a movie. But many refuse to sacrifice a few hours of “fun” to make money online. They spend more time surfing the net for jokes and gossip than actually working. Quit surfing the net and get to work.

They don’t understand the concept behind the task. If your promoting because its part of the job description your wasting your time. It’s not enough to just do things, you need to know why you are doing it. Otherwise you’ll fail to see the bigger picture and you’ll continue to make the same mistakes over and over again.

The Potential of Internet Income: Part 3

THE POTENTIAL

These three factors—Moore’s Law, acceptance of digital environments, and convergence—assure us that the potential of the Internet for the home-based entrepreneur is nothing less than incredible. In fact, the belief in these three factors has been driving our economy for some time now. Venture capitalists are pouring hundreds of millions of dollars into purely digital ventures. In the digital world, the large corporations have to compete, not just with each other but also with the home-based entrepreneurs. The large conglomerates no longer have the exclusive advantage. Given the low cost of computing power, individual entrepreneurs now have at their disposal the raw materials to develop digital products and processes and make them available to the world. Even more importantly, individual entrepreneurs can ban together in digital environments (such as SFI’s Full-Circle Success) to combine their skills and knowledge and use convergence to their advantage in a very efficient way, rivaling the large companies with the results.

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HOW TO POSITION YOURSELF

To obtain convergence, you must bring together computing power, media content, and information processing. To obtain the economies of scale, you should position yourself within a digital community where resources can be shared. Despite the low cost of computing, there is still power in numbers with regard to media content and information processing. To position yourself as a marketer for one of the fastest growing digital communities in existence is without doubt the smartest move you could possibly make right now. Having done that, you can use your individual creativity, skills, and resources in an environment of freedom employing the low cost computing power at your disposal to obtain your financial goals. Due to the three factors discussed in this lesson, there is an unprecedented opportunity available to you right now as an SFI affiliate. You have but to take advantage of it.

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WHAT’S COMING NEXT

This lesson introduced you to the big picture. True success, however, is in the details. Beginning with our next lesson, “Introduction to Internet Traffic Patterns,” we will begin to address the details you need to master in order to become a successful e-commerce entrepreneur. In that lesson, we will start you thinking about how traffic flows across the Internet. Understanding those traffic patterns is crucial to your ability to interact with Internet traffic in a successful way.

The Potential of Internet Income: Part 2

ACCEPTANCE OF DIGITAL ENVIRONMENTS

The next factor that ensures continued growth for Internet businesses is the acceptance by consumers of digital environments. People have taken to Cyberspace. Despite the many predictions to the contrary, people have warmed up to digital environments with enthusiasm. Many Web communities have been formed and their participants report feeling all warm and cozy in those digital environments. Participants have developed a strong sense of identity with some of the digital communities. As Moore’s Law continues to operate, our technology becomes more and more capable of producing engrossing digital environments in which even larger numbers of people will enthusiastically participate. Online communities are forming in much the same way that communities have formed in the physical world throughout history—only much faster. The success stories of Yahoo! and eBay and others make it pure folly to think that brick-and-mortar business will go on as usual, unaffected by the Internet.

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CONVERGENCE

The third factor assuring a prosperous future for Internet entrepreneurs is convergence. Simply defined, convergence is the coming together of separate things. Convergence is now occurring at both the industry level and the consumer level. On the industry level, computing, communications, and media companies are merging to form such multimedia ventures as MSNBC and Disney’s Go Network. On the consumer level, new devices are being used to combine computing with phones and televisions. In the very near future, consumers will replace their phones, TVs, and PCs with one central media center (which may have several satellite devices for convenience and portability). Even our money is fast becoming digital, as we have automatic bank deposits of our earnings while we buy things with credit and debit cards. What this means is that digital products and processes become more and more important as the Internet gets closer and closer to people’s everyday lives.

Lesson 2: The Potential of Internet Income Part 1

WHAT YOU WILL LEARN

In this lesson, you will learn the three factors which assure us of continued exponential Internet growth. These three factors are: Moore’s Law, acceptance of digital environments, and convergence. You will learn how these principles prove that Internet marketing will have exponential growth and exponential results for decades to come. You will learn how to best position yourself as a home-based entrepreneur to take advantage of the digital opportunities that lie ahead.

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MOORE’S LAW

Moore’s Law describes the falling cost of digital technology. When my daughter was born in 1980, the price of the memory chip for a home PC was $1,000.00 (not the whole PC, mind you, just the memory). When my daughter was one year old, the same amount of memory cost only $500.00. When she was three years old, the price was $250.00. When she started the first grade, the same amount of memory cost only $62.50. When she graduated from high school in 1998, the price of that same amount of memory had fallen to less that $0.25. Now, as she begins her junior year in college, the cost for the same amount of memory as in that original PC is just pennies. I assure you that nothing else we have purchased over her lifetime has decreased in cost anything like that! We, of course, upgraded the amount of memory we used over the years. Each time we upgraded, we spent about the same amount of money but got more and more computing power. So, what really happened was that our computing power increased by four times every three years for the same cost.

Gordon Moore, one of the co-founders of Intel Corporation, made mathematical observations in the 1960’s of the engineering practices which allowed miniaturization in semiconductor technology. This miniaturization applies to processors and other computer components as well as memory chips. What he observed mathematically is that computers can be made four times more powerful every three years for the same cost. Some argue that this same formula has held true for a full century, if you include the mechanical computers of the early 1900’s and the old-fashioned transistors that followed.

If you knew that you could get four times more raw materials every three years with no increase in cost in a given business, would you want to get into that business? The overwhelming answer everywhere is, of course, a resounding “yes!”

All businesses, even traditional brick and mortar businesses, must market their goods and services. Because businesses look for the lowest cost to perform their processes, more and more marketing information and marketing processes, even for brick-and-mortar businesses, will become digital.

Moore’s Law ensures that Internet businesses, especially Internet marketing, will continue to grow and flourish at an astounding rate. Will Moore’s Law continue to hold true in the future? Can engineers keep making computer chips cheaper? Intel’s engineers assure us that Moore’s Law will continue to operate for several more device generations, if not indefinitely.

No Spamming When Advertising: Part 1

WHAT YOU WILL LEARN

In this Lesson, you will learn what spam is and why it is prohibited. You will learn how to avoid spamming. You will learn that there are many effective alternatives to lead generation on the Internet that do not involve spam. You will learn the “Rules of Thumb” to avoid spamming. You will learn how not to be overwhelmed by the many different sources of spam rules and definitions, but rather to use your common sense and the Rules of Thumb to avoid spam while still maintaining an aggressive Internet marketing program.

INTRODUCTION

The first thing you want to know when starting any new endeavor—and the first thing you are usually told—is what NOT to do. You need to know what to avoid in order not to get in big trouble while learning the ropes of Internet Income. You can get into big trouble by using unsolicited commercial e-mail (UCC), commonly called “spam.”

A subsequent lesson will address the formal definitions and rules of spam. For now, let’s take a few minutes to just talk about spam. Unless you are very unusual, you will never memorize all the definitions and rules pertaining to spam (for there are many) and, thus, will never have a foolproof system of avoiding spam technically. If you gain a relatively simple understanding of it, however, you can safely avoid spam just by using your good common sense.

WHAT IS SPAM?

There are many definitions of spam. For example, Netscape defines spam as the sending of more than five e-mails in bulk to persons you do not personally know. Most others define spam more strictly. The most general definition of “spam” is “the sending of unsolicited commercial e-mail.”

When you open your snail mailbox everyday and see numerous unsolicited commercial advertisements that have been delivered to you by the postal service, it makes you wonder why unsolicited electronic e-mail is outlawed. Like all laws and rules, however, we should look more to history than to logic to understand why they came to be. Although the Internet did not become popular with the public until the early 1990s, the Internet has been in existence for a long time. Prior to the early 1990s, the Internet was used primarily by the military and university scientists. These users were conducting what they justifiably felt was important business which could not be interrupted by any commercial correspondence. For most of the Internet’s history, ALL commercial correspondence was completely banned. Only recently has commercial use of the Internet been allowed at all. Although this total restriction on commercial use was lifted, a restriction on unsolicited commercial e-mail remains—and for good reason.

E-mail is for communicating, not for advertising. Unsolicited commercial e-mail is annoying! Without restriction, it has the capacity to come in such large numbers as to render your e-mail completely useless and even to shut down your e-mail server altogether. This is due to the fact that, unlike snail mail, e-mail can be sent in tremendous bulk with very little effort and very little cost. Because it is so cheap and easy to send, we would all receive thousands of messages a day from each of thousands of sources were it not prohibited. Since many people break the no spam rules and send it out anyway, we all have had some taste of what it would be like if it were not prohibited. Spam understandably makes people mad. When they get mad, they report spammers to their ISPs or other organizations or to the government authorities. Bad consequences, such as losing Internet service or even facing civil and criminal penalties, result from spamming. Therefore, you want to make sure that you never spam!

The Internet covers the entire world. There are many different laws in many different jurisdictions pertaining to spam. Plus, losing your Internet service or having your domain blocked due to spam is a matter of contract that varies from provider to provider, each having its own specific rules about spam in its “Acceptable Use Policy.” So, how can you possibly avoid spam when there are so many different rules and regulations? The answer is to use common sense. In a subsequent installment we will discuss the technical rules and contracts, but for now, let us just show you how to use your common sense to avoid spam.

Following Up With Prospective Affiliates You Would Sponsor