9 Surefire Ways NOT to Make Money Online
Have you read enough tips on how to make money online? Well, here are some tips to help you NOT to make money online.
1) Do nothing. Seriously. Just keep on reading tips about how to make money online, research to your heart’s content, buy all sorts of ebooks and info products… But never, ever follow through with any of the money making ideas and tips that you have.
2) Insist that it’s really too easy to make real money online. If it’s too much like work, then it’s just not worth doing. Follow those get-rich-schemes. Believe that you’ll be an Internet Millionaire if you just find that One Great Online Business.
3) Have too many projects going on at the same time. This way, you can come up with several so-so money-making ideas and you end up wondering what you’re doing wrong if none of them take off.
4) Copy what already works. I mean, why come up with your own idea? You heard that blogging about making money/digital photography/gadgets/(fill in the blank) helps this other person earn thousands of dollars a month. Or, that person who sells embroidered shirts on eBay is a Power Seller. So, why not do the same thing? Brilliant.
5) Start something that you don’t care much for. Who cares if your passion is really knitting? Someone said that cameras and beauty products are the best ways to make money online. So, you’re off to do just that - even if you can’t care less about the latest news and issues that surround photography or beauty.
6) Believe that your interest in something is all you need to succeed. You just need to love online dating, in order for you to start an online dating site, right? Forget any other possible business skill that you need in order to make a venture succeed. Who cares about planning, accounting, marketing…?
7) Listen to every single person who says it’s impossible to make money online. There’s just no way you can get cash from the web. Everyone on the Internet is just off to take advantage of you and do really, really bad things to you.
8) Start a project and forget about development. If it’s ‘out there’, then it should just start raking the cash in, right? Just start a blog then never mind the quality of the content and don’t worry about promoting it and such. Open an online store and just stock it up without doing much else. Sign up for an affiliate programme and don’t come up with innovative ways to promote it.
9) Quit at the first sight of trouble. Not enough dollars in Adsense? Just forget it then. No one’s buying your handmade bags? Close your online shop.
How difficult is it NOT to make money online? Easy peasy, right?
NOTE: This is in response to JMMO’s Open Mic topic of the week AND b5media’s Business Channel theme.
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Technorati Tags: advice, bad advice, humour, make money online, online money, tips
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POSTED IN: General: Making Money Stuff
20 opinions for 9 Surefire Ways NOT to Make Money Online
b5media - Killing Your Business Softly… and Effectively
Sep 25, 2007 at 3:45 am
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Sep 25, 2007 at 5:25 am
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Laura
Sep 25, 2007 at 10:35 am
Great list of things not to do. I’m sure that people make these mistakes every day. Hopefully, at least a few of them will read this post.
Make Money Online Opportunity
Sep 25, 2007 at 1:57 pm
A good list of not to do things for bloggers. I am definite that most of the online entrepreneurs has the same problem thanks for bring out this great list.
Donald Mckenzie Jr
Sep 26, 2007 at 12:43 pm
Thanks a lot for this blog post. I will surely use this information to help me in future with my business. Keep up the great work!
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Sep 27, 2007 at 12:21 am
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Sep 27, 2007 at 12:45 am
[…] I told you that’s it Bad Advice week? Well, other than my advice on 9 Surefire Ways on How NOT to Make Money Online, a few of our Business Channel bloggers shared 99 Ways to Kill Your […]
Shai Coggins
Sep 27, 2007 at 1:02 am
Laura, MMOO, Donald: Thanks! Glad you found it useful!
Elizabeth
Sep 27, 2007 at 1:15 pm
I will be sure not to take this advice.
Or, something like that.
Donald Mckenzie Jr
Sep 29, 2007 at 1:02 pm
hahahahah… that’s a great post. In some ways it is a little wake up call to those who cry about failing to make online money and are lazy about it. Keep up the great work.
Kadir
Sep 30, 2007 at 12:36 pm
Damn sure… These are the ways most of the money making bloggers are doing. Once they have known about these sure fire ways, I bet they’ll make money online.. Otherwise, they will make no money online…
Shai Coggins
Oct 4, 2007 at 7:13 pm
Elizabeth: Lol. Yes. :-D
Donald: Thanks! I’m glad you enjoyed it!
Kadir: I’m sure not just bloggers but other online entrepreneurs too. ;-) Thanks for dropping by and sharing your thoughts.
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Nov 20, 2007 at 10:02 pm
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Dec 17, 2007 at 10:35 pm
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veeran
Dec 18, 2007 at 4:40 pm
good
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Jan 3, 2008 at 12:59 pm
[…] my emails, started to post an announcement to look for a new writer, pulled up my new iGTD (thanks, Shai) and thought, “let’s get organized!” And then it hit me: I […]
Zeeshan Parvez
Jan 6, 2008 at 2:42 am
Hmmm…no wonder I failed. I did everything I wasn’t supposed to do. Guess I have to start over again.
Shai Coggins
Jan 6, 2008 at 9:32 am
Zeeshan: Can’t have done everything wrong. But, in any case, I wish you well.
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