I Failed Again! Making Money on the Internet

Making money on the internet is like making money anywhere else.  You’ve got to know what you are doing, why you are doing it, how to do it, and where to do it.  So how and where do you learn these things? 

Well, people learn how to run an internet business, or business in general in many different ways.  Some pay thousands of dollars and invest years of study to get a college education in the field of business (usually just to graduate and go to work for someone else).  Others learn how to run a business from a family member that has already invested the “sweat equity” in the business, made all the mistakes, and now have a successful operation.  Still others are self-taught.  They read, listen, ask questions, observe, research and seek out the knowledge they need to start a business and to make it profitable. 

If you have seen or tried money-making opportunities on the web and failed (meaning you didn’t make your investment back or one dime for that matter) then there is obviously a problem.  Was it the business?  Was it you?  Was it lack of knowledge, resources, guidance, motivation, dedication, fear, ignorance, etc?  Only you can answer that.  The important point about that statement is you have to find the answer to that question.  Why did you fail?  If you can honestly answer that question then you at least have a starting point to solve the problem and move forward.  The next time you engage in a business venture you will at least know why the previous one failed and you can avoid that mistake again. 

One opinion I have as to why countless people fail at home-based, online businesses is because they don’t have the proper knowledge and guidance to show them how to make it work.  People are making money on the internet.  You can’t tell me that they are all Harvard business graduates!  There has got to be, even just a few, average Joe’s like you and I that don’t necessarily have all the smarts and resources to make millions on the web just by joining some online opportunity.  How are these people doing it!?

I think one reason is that the successful people follow a system - a proven system that has been tested over years and has remained viable.  A system that promotes mentorship to the persons that join it.  A mentor that is available to walk you through the steps and guide you in exactly what to do and when to do it.  If it worked for one person, why can’t it work for the next?  Find a business system that is duplicable and repeatable - one that has made money for someone else.  If it can be duplicated then it should work for you. 

Above all, do your due diligence!  You wouldn’t buy a business franchise without spending hour after hour reviewing all aspects of the business model, would you?  If you would stop now – you are destined for failure.  You have to analyze each and every opportunity you are considering and determine if it is a viable business opportunity.  Then and only then can you have a chance at making any money with a home-based, internet business.