#1 Reason Why You’re Not Making Money Online

by Matt Poc on May 5, 2011 · 46 comments






#1 Reason Why You're Not Making Money Online

Lots of people try to make money online, but 95% of the people who try to make money online fail. It is a horrible fact. Here are the reasons why they fail:

#1 Reason – They try to do way too many things

Almost every beginner internet marketer suffers from information overload. That happens simply, because they try to do way too many things. They try to learn 10 absolutely different traffic generation strategies, how to create a site, what’s the fastest way to make money online at the same time.

You don’t need to know everything

The reality is you don’t need to know everything to make money online. You just don’t have so much time to learn everything and to apply all that stuff.

The key is to master just one strategy

The key to overcome information overload is to put a strategy that works on steroids. If you get lots of traffic from article marketing, than learn how to get even more traffic from articles, rather than learning new stuff. You will save a lot of time and energy and the final result will be better.

You will become a leader

By mastering just one strategy, you will become a leader and the competition will be much lower, because most people don’t know anything about advanced stuff…

Don’t create multiple streams if you don’t have any streams

If you decide to get traffic from article marketing, then why the hack you should try to get traffic from videos, if you don’t get any traffic from articles???

It is more than stupid! But I have to say, that when I was a beginner I was stupid, because I did that… Don’t make this mistake and add other strategies only if your current strategies work on autopilot.

The key to success – just do it

Everyone knows this. But nobody does. When I was a beginner internet marketer, I was reading forums, ebooks, watching videos about article marketing every day. I learned a lot of stuff. But I was still searching for more information, because I wanted to get as much traffic from every single article that I write as possible. But I wasn’t taking action. When I decided to take action, I created a 14 step system. It was so complicated… and I haven’t started taking action.

Keep things simple

It was a big mistake. I just made things too complicated. Now I would take action even if everything what I knew about article marketing is just submitting articles to article directories. I would write articles and learn at the same time. I would add different steps into my system as soon as I learn something new. It is the key. Nobody knows everything about anything. Just do that. It is the best way to learn.

Just start by writing 1 article per day and submitting it to article directories. Later on, you will find out that it’s better to submit your articles to popular sites or blogs in your niche which accept articles . It works really better.

After a couple of weeks you will figure out that, if you create a video from your articles you will get even more traffic… and a couple days after that you will discover that taking your voice from videos and submitting that to podcast directories will generate even more traffic for you… and taking slides from your video and submitting that to specific sites will generate more traffic… and so on.

Tweak your systems

BUT, if you try to apply this all stuff in the beginning, you will lose motivation very fast. Just keep everything simple and continue tweaking your systems. It is essential. By doing that your competition will get lower and lower and lower, because nobody is doing that! People are lazy. Don’t be lazy. Just do it. It’s simple if you keep it smple!



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{ 45 comments… read them below or add one }

Jym from Online Lead Generation May 29, 2011 at 9:51 am

Great advice Matt.

Two cliches spring to mind…

‘the Jack of all trades is a master of none’ (I think Mavis mentioned that in her comment above)

and K.I.S.S. – Keep It Simple Stupid!

Become an expert in one area. Implement the things you learn. Stay focused!

An opportunity seeker dabbles in many things. A strategic entrepreneur focuses on one thing and sees it through to success.
Jym @ Online Lead Generation´s last [type] ..Internet Marketing Success with Archimedes – Less Effort- More Results

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Matt Poc May 29, 2011 at 10:07 am

Yeah, K.I.S.S is a very important thing!

Thanks for reminding it!

Reply

Laura June 24, 2011 at 9:17 pm

Hi Matt,
Great article! I also made this mistake at the beginning, I tried to do too many things in the same time. You are right,it’s very important to focus only on one strategy until you become an expert in that strategy.
Thanks for sharing!
Laura

Reply

Abhijit from Online Money Making Ideas July 31, 2011 at 4:44 pm

Hi Matt, You are right it’s very important to learn only one or two marketing system and become master of it. But all most every newbies are doing the same mistake. Trying to learn too much thing and not taking any positive action (including me).
It’s so helpful for newbies.

Thanks Matt,
Abhijit……….
Abhijit @Online Money Making Ideas´s last [type] ..Right Keyword Selection Can Boost Up Your Website Ranking

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Mary from Making Money Online August 17, 2011 at 3:31 pm

I agree with all your reason, you have mention which are great point in not being success.

I would say that we shouldn’t divert our mind to many methods of making money online but we should stick with one method, this way we can focus on that way and then we would be able to concentrate and we can go dipper in a particular method of making money.
Mary from Making Money Online´s last [type] ..Making money online

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sasha gibbs from wholesale directory August 29, 2011 at 5:39 am

Hi,
Obviously if we will not focus on it than it is not easy for us to earn money online. You have to be professional, hardworking and perfect in marketing techniques to earn otherwise it will be useless to work in any business .

Reply

Robin from Samsung Tablet October 2, 2011 at 6:14 am

focus and stick to what you are doing are the key for long term. Plan and repeat and I am sure you will start making money. Thanks
Robin@Samsung Tablet´s last [type] ..Samsung Tablet PC – New Samsung Series 7 Slate PC Review and Price

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Abhi from Host Then Profit October 16, 2011 at 4:49 am

Hi Matt,

You are right my friend. One should master of any marketing system. If you know SEO then stuck with that until you get the success. But almost all newbies are trying to learn too much internet marketing systems without taking any real action. The result is “FAIL”.
So, make yourself master in only one area and implement that to your work.

Thanks for this awesome post Matt,
Abhi…..

Reply

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