Wondering when you will make money online? How can you stay motivated??
By matt On March 6, 2009
Under Make money online
How to stay motivated to stick it out and make money online….. The case with a lot of inexperienced entrepreneurs is to start their online business with the expectation that they will start making money online within a matter of days and if not weeks. The reality is that it is extremely difficult to make any money for quite a period of time. This time frame can vary depending on the industry your involved in, your experience and expertise at what your doing and how much time and money your investing into your new online venture.
So how can you keep yourself motivated and not lose faith that your business will succeed?
Lets assume that you have started a blog that is discussing the topic of how to make money online. Similar to my blog here. First of all, its an extremely difficult area to crack into. Why? Because everyone is trying to do it. So lets assume that you still want to target this very popular market and start another make money online blog. How do you keep motivated and stick with it?
Well, first off, be up front with yourself and realise that you are going to have to consistently work at your blog for probably the next 12 months before you see any organic traffic, a dedicated readership and any money from your labour. You are going to have to build relationships with other blog authors and negotiate and organise links to your blog from their sites. Remember, this is all before you have even seen one cent from the work you have done online. You have probably even spent a few hundred dollars by now to get a domain name, hosting, some graphic design work on your blog and everything set up. Obviously it can be done for much less but it all depends on your experience and time. If your busy then its much easier to outsource to someone who can do it properly and quickly. I know for myself I have experience with IT and coding etc, but if its a job that will take me a few hours that I don’t have, I’m more than happy to outsource it to my developer to sort out. I know it will then get done ASAP and will be correct and I can spend that time doing things that are higher up on my priority list.
So back to the topic at hand. How to stay motivated. Well, with any internet business / online venture, you really need to look at the big picture. This is a long term project. If you came online to create thousands of dollars within a few weeks then really you were kidding yourself. I must admit, things are easier than when I first started, especially with tools such as social media and the free video training that is available.
If your in a smaller niche, then things do tend to happen a lot faster. Google will index your site quicker, your traffic will be more highly targeted and it will be easier to get a dedicated readership.
My advice, if your wanting results faster go for the smaller niches which don’t have as much return potentially, but will allow you to possibly see results earlier. If your prepared to work at this blog thing for a couple of years then go for the massive target audiences, and hope that in a couple of years it will pay off. 95% of blogs that are started with the purpose of making money online usually become stagnant after a few months, which isn’t going to help Google rank you higher. While time does matter, you still need to be actively contributing content that is useful, relevant and interesting to people. The better your content is, the more links you will get to your site.
The thing that is frustrating for me when people send me emails asking how they can make a few thousand dollars over the next month urgently, is that this is not a get rich quick scheme. To make money online properly requires careful planning, lots of hard work and dedication. Be prepared to put in a lot of hours getting your site setup. Remember though, it is worth it! My various sites now have many links to them, generating thousands of views a week and this has only occurred through a lot of hard work. Now though, it almost occurs on auto-pilot. The hard work is done. I simply write new, fresh articles and the rest of the stuff takes care of itself.
The important thing is to create your make money online business in an area that you love. If your not passionate about it, it will be almost impossible to keep at it for the long term.
Feel free to add in the comments section what keeps you motivated and your eye on the ball (so to speak) to make money online.