Top 3 reasons why so many people fail to make money online.

Ok I've been in the internet marketing industry for about 6 months now, not long, I know. But enough time to realise what is causing failure. So heres a top 10 list of why people fail at making money online.

1) They follow instead of lead. Followers are the people with employer mindsets, therefore they will be lucky if they make any money at all. Leaders, like people who start MLM's or people who are gurus (even posers) are the people that make money.

2) They jump from opportunity to opportunity. This is most definitely THE biggest problem with affiliate marketing, and MLM. So many people are what Kiyosaki and many others refer to as "tire-kickers" People who join up under you then see another opportunity and chase that. You may notice as I have that many of your downline, if not all are like this. Especially if the MLM is free like the Spiderweb Marketing System. I have got about 14 or 15 in my downline and only one has gotten to stage 13. But all of them have failed to complete all the ridiculously simple steps. Actually, the person who got to stage 13 hasn't really done anything. Stupidly, he tells the system he has completed a stage, when in fact he hasnt (I check my affiliate commissions). Which is gonna get all of us no where fast. This scenario will probably sound similar to anyone else here who is part of mlm's.

My dad who was part of amway, a classic mlm. Is a great source of information about pretty much anything. Happy fathers day dad! =). He informed me about this very interesting statistic:

10% of the population actually do something, they are go getters (ie leaders... entrepreneurs... employers)

10% of the population have no idea about what is going on.

80% of the population watch. (tire-kickers, employers, etc).

It's not quite the 97% vs 3% stat that so many "gurus" love to use. So if you learn how to be a leader, execute, thenyour 79million+ competitors in mlm/affiliate marketing will reduce by a heck of a lot. You will already be in the top 10% of mlm'ers/affiliate marketers if you actually do something and lead. Instead of opportunity hop.

3) You don't know how to market, and you dont have a big, high quality list. This is why Kiyosaki and Trump love mlm's and networking so much! Because they already have a butt-load of loyal followers that will sign up under them and complete all steps necessary for the mlm to work. If you get 450$ per successful referral... you can see how much money leaders will generate... Especially trump and kiyosaki.

0 comments: