Why 97% of Online Entrepreneurs Do Not Earn a Profit
I want to talk about one of the main reasons why 97% of online entrepreneurs never make a profit. That is right only 3% of online marketers actually earn a profit. The problem is unrealistic expectations that cause people to quit much too soon.
The reason that online marketers are not profitable is unrealistic expectations. Many people do not look at online marketing as a business, they look at it as a way to get rich quick and approach it as a hobby. I like to quote Chris Widener, a well known Author and Speaker, "most online marketers have there short term expectations set too high, and long term expectations too low." This is the best way I have ever heard it said.
We all come into this business seeing videos and reading testimonials of how much income so many others are making and from that, we assume the online marketing business is easy. Well it is easy, compared to whatever you are doing now as a job, but you must approach it as a business. If you do and you stick with it, the reward will be tremendous. The people in those videos may have done it in two months or two years, the point is if it takes you longer but you still get there are you a failure. No, you cannot fail unless you quit.
I am going to give you a number that should a long-term commitment easier. Statistically on average online marketers that have been consistently doing it for 5 years, earn $80,000 a month. Is that worth a five-year commitment, of course it is?
To be a successful online marketer you need to do four things...
1. Make a long-term commitment 2. Take Action toward your goal consistently on a daily basis 3. Be Accountable (honest with yourself or someone to hold you accountable) 4. Above all DO NOT QUIT
If you are serious and motivated and you can do these four things, then you have what it takes to be one of the 3%. If you want more information about an online opportunity and to join our team of six and seven figure earners, go to the website in the bio. I hope this article was helpful and I wish you the greatest success in your business.
Why 97 of Online Entrepreneurs Do Not Earn a Profit - To learn more about this author, visit Jim Whittaker's Website.
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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