Wednesday, September 02, 2015

Reasons Why Most Lucrative Online Business Fail

Image result for online business


Welcome to this Online e-training course.  

Online business can be an extremely lucrative endeavor and there are numerous individuals here in Nigeria who are really profiting doing it. Yet, regardless of this, it is additionally genuine that more than 95% of the individuals who wander into the business in Nigeria (and in reality the world over) wind up falling flat.


Hence, it is of key significance that before we go into the low down of beginning online business legitimate, we should first examine the reasons why most online organizations come up short and what you can do to keep yourself from likewise fizzling as well.

Three Main Reasons:

Most people don’t make money from online business in Nigeria due to three main reasons:

1. Lack of awareness and wrong information
2. Lack of seriousness and apathy
3. Absence of tolerance and tirelessness

 Let us take a look at each one of these reasons in greater detail.

1. Lack of awareness and wrong information:

Making money online is not an easy task. To succeed you need to have specific knowledge coupled with insider details and information from those who have done it and actually made money not just once but repeatedly. You need to understand how the internet works; how online advertising and marketing in general works. You need to be aware of the hidden methods and secrets of growing an audience or a list of prospects. You also need to understand how search engines work and how they can affect your revenues.
Unfortunately, most people who venture into this business do not have the complete knowledge about how these things work and what they should or should not do. Many of these people come across partial information from sources like websites and badly written ebooks etc but because the information is not complete or partially correct, they end up failing in their venture.
Many of such websites and e-books are created by people who tried the business but failed so they want to make money by hoodwinking unsuspecting people into thinking that they are gurus. Meanwhile all they offer is the same incomplete, irrelevant and sometimes totally wrong information that they themselves could not make money with.
For you to succeed, you need to learn from people who have actually done this thing and succeeded. Learn from their experience and valuable insights. The only challenge you might face is how to know who is fake and who is real. But not to worry, at the end of this mini-course you will be in a much better position to distinguish between scammers and genuine gurus.


2. Lack of seriousness and apathy

This principally needs to do with individuals who learnt about this business with the expectation of complimentary or who were tricked into doing so as to feel that they can make millions overnight little or nothing. At the point when things are not moving as quick as they envisioned or were told, they effortlessly surrender.

They got the information for nothing, got a site for nothing, attempted it for two or three weeks expecting moment results, saw no outcomes, got demoralized and bit by bit lost their dedication on the grounds that they don't had anything to lose by surrendering. Be that as it may, as I generally get a kick out of the chance to say: if setting it up had fetched them 1 Million Dollars, these individuals would have considered the business a great deal more important and appeared significantly more responsibility.

Truth be told this is the accurate motivation behind why we chose to begin charging for our Masters in Online Business bundle of ebooks and not give them out with the expectation of complimentary like alternate ones, despite the fact that we claim to be attempting to help the young people of Nigeria to engage themselves. Charging a little token for the bundle is done to guarantee that anyone who purchases them must consider the business important and demonstrate the required level of responsibility.
I used to give my Ebooks for free but noticed that people were not taking it seriously enough so I started charging for the course and behold, I suddenly started getting a lot of testimonies.
Online business is full of challenges and I have since realized that people will only show the needed level of seriousness when they have to pay for the e-books because then they will feel that they have something to lose if they do not put in their best. I only have time to teach serious people so please don’t ask me to help you by giving you the materials for free because that will not help you.
Seriousness, commitment and dedication are the major ingredients that got us to where we are today despite the many failures we experienced so it is critical that anyone who is attempting this online business must view it with the utmost seriousness for him/her to succeed. If someone knows that he has put in money to obtain this information then he will always consider the cost of failure and be motivated to put in his/her very best. Only when you are damn serious about it can you succeed in this business of ours.


3. Absence of tolerance and tirelessness:

Making money online is not easy at all. Please don’t let anybody deceive you into thinking otherwise just because they want you to buy their e-book or software. Most times the gains of online business do not come immediately and you may sometimes need to keep working and learning (and even failing) for up to one year, maybe more before you will start seeing profits.
The good side of it is that once you gather enough experience and start making money, it will get to the point where it keeps on increasing and increasing every month while your work load will keep decreasing and decreasing until you won’t need to do anything much for the money to continue coming.
Truly it is a beautiful thing and there is no other business like it in existence today. People are not willing to wait for money to start flowing in like a waterfall. They start today and expect to see big profits overnight. The problem is that many of the fake “gurus” give people the impression that they can make money overnight without having to do much at all. Unfortunately it doesn’t work that way. Only in extremely rare cases can this be true but most of the time, it’s false.
In online business, results can be very volatile and unpredictable especially when you do not already have a proven strategy that works. In our case, it took us about 10 years of failures, anxiety, setbacks, trial and error before we were able to evolve our present methods. Luckily for you, you will not have to go through the same stress because all you need to do now is to learn from our experience and follow our lead. But this does not mean that you won’t fail at least once, twice, thrice or even more.
The trick is not to give up when you fail but to try and try again every time you fall. Even the gurus still have failures. Some projects will work and some won’t. So you have to keep trying until you find something that works. If a project of yours fails, ditch it and try something new. But never ever give up trying.
Although there is a certain kind of business that can actually get you profits within a few weeks, the majority of online businesses typically take between 9 and 12 months before you can expect to start seeing any tangible yields and results. Until then, it’s virtually all sweat with little returns.
The only way you can speed the process up is to spend money on paid advertising. But if you want to follow the free, no-expense, no-capital method, then you need to prepare yourself to wait for 9 to 12 months or more before you can expect anything above N40,000 or N50,000 regularly. That’s aside from the time it will take you to learn the techniques (which is generally 3 to 6 months).
Some people are not ready to wait for a year. They forget that if they don’t take action and start something today, they may still be looking for a job or for a better life one year from now. One year is really a short time and the sooner you start doing something, the better.
Even if you are a worker, student or otherwise currently engaged in some occupation or activity that takes up your time, you can still do it part time. Online business has the long term potential to give you revenues many times higher than what you will ever receive as a salary earner. Therefore the earlier you start out on the journey, the better because, sincerely, time no dey again (there is no time to lose).

Develop the Right Mentality

For you to succeed in online business, you have to cast away all questions and trust that you can and will succeed. You ought not expect an excess of too early and don't set your desires too high with the goal that you won't get frustrated or disheartened when they are not met on time.

Mentality

You must trust that you will succeed and hope to succeed. You must set objectives for yourself and endeavor to contact them. Try not to expect an excessive amount of too early. Continuously try to take in more and enhance your abilities.

One of the first individuals that enlisted for our Training really went to considerable lengths to go to a PC school to enhance her PC aptitudes before leaving on her online business. In only six months she was at that point making a normal N35,000 month to month. I talked with her as of late and she educated me that she has purchased an area and is presently wanting to get an auto. All from doing online business utilizing the methods as a part of our ebooks.

Companion, this could likewise be your story. Envision having the cash to would anything you like to do. You can deal with your family and friends and family, your kids, your folks, assemble your own home, purchase autos, begin different organizations, seek after your fantasies or settle down and get hitched (in the event that you are still single). In this way you should constantly let yourself know that you will succeed in your online business and that you are readied to do whatever it takes regardless of to what extent it takes you. Build up this mindset and really soon, you will get to be rich past your most out of control creative ability.

System


You must utilize the right systems that have been demonstrated to work and you must keep on testing, refine and search out data and better techniques that will produce the most picks up from the minimum exertion. For instance, the strategies clarified in our digital book bundle are techniques which we have created and refined through the span of numerous years.

In spite of the fact that what we recommend in the course is not by any means the only approach to do online business, the critical thing is that the procedures portrayed in it are what we are utilizing and they are working for us and for hundreds other of our understudies who are likewise utilizing it. This makes us sure that in the event that you take after those same systems and with God on your side then they will likewise work for you. Later on in this course I might speak more about the bundle and how you can get it in the event that you are intrigued yet for the time being we should discuss the third pillar.

Motivator.


This third pillar has proved to be controversial for some of my critics because it recommends religion or a strong belief in a higher being or a higher cause as being a success factor for online business. But I always tell these critics that I speak from my own experience.
I have come to understand that a vital aspect of man’s success and prosperity lies greatly in how much he/she believes in and is motivated by a noble cause or a higher intelligence. Having a motivating force is vital for online business success.I characteristic the sum of my prosperity to the Christian God, The Almighty Yahweh the Merciful and Supreme God. He is my spark and I admire Him for direction, motivation and backing. Each and every bit of learning in my cerebrum was brought my way by Him and He additionally gave my accomplices and I the insight to comprehend the data and put it to beneficial use.

I was conceived a Catholic Christian and went to Church routinely until 2007 when I halted. This was at the tallness of my disappointment and I felt there was no compelling reason to recognize God and perspective His matter with any reality. This period was likewise the tallness of an unethical life for me. In spite of the way that I was discovering life extremely troublesome, close disappointment constrained me to begin drinking, smoking and following young ladies attempting to lay down with them.

Be that as it may, by the Grace of God, on the first of March 2009, God drove me to a Church administration without precedent for a long time and it was extraordinary. I've been going to Church following the time when and I've encountered incredible changes and restored motivation and inspiration through my closer contacts with God and faith in His incomparable power and in His Son Jesus Christ the King. What's more, this has been the best consider my online business achievement.

The Importance of Faith and Belief

I do not mean to say that you must be a Christian to succeed in Online Business. What I mean is that you should believe in a higher power other than yourself. This power you must look up to for help, motivation and inspiration.
Psychologists have confirmed that a strong belief in something, usually a higher power or higher cause, to whom one looks up to for help or inspiration, can bring about changes in our situation and trigger the processes that cause our strongest desires to happen. No matter what religion you belong to, you must go the extra mile to do the things required of you by your religion to ensure the success of your activities. You must also learn to be good to others, tolerant of other people’s views and give to others in cash and kind according to your beliefs.
For a Christian, confessing, believing and accepting the Lord Jesus Christ as your Saviour is paramount. Tithing, offering, praise, worship, repentance from sins, thanksgiving and testimony are also very important. All these things I try to do and I can testify that this is the REAL secret of my success online. If you are not a Christian, find out the things that your religion or belief system requires you to do to succeed in your activities and then do them.

Find Your Mentor.


A mentor is someone whom you can continually look up to for advice and guidance. This must be someone who has actually made (and is still making) money from online business. There are many of these possible mentor types online both in foreign lands and here in Nigeria.
You don’t have to stick with one mentor. In my case, I learn from all of them to better myself and I suggest that you do the same too.
That brings us to the end of today’s lecture.


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