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[ # ] Why 95% of new web entrepreneur fail making money online
July 9th, 2007 under Word of Wisdom

Many new web entrepreneurs get into the making money online business thinking they can make millions like other experienced web entrepreneurs are doing. But they don’t realize making money online can be really tough especially at the beginning stages. Here are a list of reasons why new web entrepreneurs will fail.

1. Commitment and Laziness- Working on your own hours especially from home is the hardest job to commit to. Most new web entrepreneurs will be committed the first week and then after that they will start losing their desire to work online.

2. Giving up too easily - Many new web entrepreneurs will give up the first week when they don’t see money coming in. They do not realize that some websites won’t even make money their first year.

3. Setting unrealistic goals- Newcommers will set unrealistic goals to make millions in their year. And when their goals are not achieved, their desire will be lost.

4. Distractions and getting side track- Having distractions from the outside world is a key to failures. Losing your focus can put your web projects on hold for days or even years. Have a list of daily tasks of what you should be working on each day.

5. Too many tasks at once- This is one main reasons I failed in my early days. I tried to take on too many tasks that I can handle. Take one idea, work around it and once you have succeed on it, start on another.

6. Lack of Knowledge - Most will fail because they have little knowledge of making money online.  They don’t realize that there are forums (digital point) or information are out there that will help them gain more sense on making money online.

7. Taking the easy out - There is no easy way to make money online. It take a lot of time and hard work.

There are a lot more reasons why new web entrepreneur fail making money online but the ones I mentioned above are from my past experience. I hope blogging about my mistakes will prevent you from making the same mistakes as I did.


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1 Comment »

MyAvatars 0.2 Comment by Wes Mahler Subscribed to comments via email
2007-07-19 11:24:04

Good points absolutely, most people don’t even start either

 
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About Me
"OUCHS" is my family's last name. It does not have a meaning to it. To me each letter in the word "OUCHS" stands for "O"nly "U" "C"an "H"it "S"uccess. The only person stopping you to reach your success is yourself.

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