Top Ten Myths of Making Money Online

There are many reasons people use for not starting a home business and making money online even though they want to make a better life for themselves. Most of these “excuses” are nothing more than online business myths that they have been convinced are true.

Here are ten of the top online business myths, in no particular order:

Myth #1: I don’t have enough time to build an online business.

This is simply not true! Most people are really not as busy as they think they are. Sure you might work full time, have a long commute, family obligations, etc… but if you really sit down and prioritize your time, you will find that you do have a couple hours a day to spend on building your home business. Most people with successful online businesses started in the same boat you are in. If you desire something strongly enough, you can always find time to make it happen.

Myth #2: It costs too much to start a home business.

The truth is that you can start an online business for very cheap, and it just keeps getting cheaper. The cost of web hosting, domain names, website design, business opportunities, tools, resources, information, and everything else you may need for an online business only add up to a few dollars per day. And you can do it for even less if you are willing to take the time to do more of the work yourself.

Myth #3: I’m not smart enough to run my own online home business.

This is highly doubtful. I will admit that online business isn’t for everyone, but I do know that it is more than possible for almost anyone. If you are reading this right now then I would bet you are smart enough to make money online. There is more than enough information and resources available for you to learn everything you need to run an online business.

Myth #4: I don’t have any expertise in anything.

First of all, that’s most likely not true. You would be surprised how many things you really do know a lot about if you think hard. Second off, you don’t have to be an expert in anything to start making money online. I was working as a correctional officer in a prison when I decided I wanted to start an online home business. I started researching and learning as much as I could about making money online. It wasn’t long before I was very knowledgeable on the subject and business just got easier and easier.

Myth #5: I don’t have a product to sell.

You don’t need your own product to start a home business online. There are plenty of products and services in every niche that you can promote as an affiliate. You can sell these existing products as an affiliate for a certain commission until you figure out the whole online business world. Then, you can create your own product to sell later on.

Myth #6: I can’t compete with everyone else already making money online.

There are millions of people everyday searching for any number of things you can be making money off of. And there are thousands upon thousands more people who are getting online everyday that could be in your target market. Your market is virtually endless! Remember, if you have to compete with people to make money from your idea then all that really means is that it’s a good idea. You can compete, trust me!

Myth #7: I’ve tried all types of different home business opportunities and failed at them all. Working at home is just not for me.

It’s possible you are right, but most likely you aren’t. Your failure is probably just from not sticking to one business and building it up. If you jump from one opportunity to the next without ever really giving any one of them a fair go then you will certainly fail. You must put in sufficient time and effort in any online business before you will make money online and find any level of success.

Myth #8: The only people making money online are the people selling “how to make money” products.

I hear this one all the time. It’s actually just a lame excuse that has no truth to it at all. I built a very successful home business and made a full-time income online for over four years before I ever came out with any product dealing with how to make money online. Your online business online can be whatever you want it to be. You don’t have to jump in with the “make money online” crowd if you don’t want to. There are thousands of other very profitable niches out there.

Myth #9: I’d need a lot of money to advertise or I won’t get any customers.

This is absolutely not true! The internet is the perfect resource for marketing your home business without breaking the bank to do so. There are literally hundreds of ways to market and advertise your business online and a large portion of them are free or very cheap. I’ve been running my online business since May of 2003 and to this day, I have never spent a large sum of money on any advertising method.

Myth #10: Getting ranked at the top of search engines is impossible and I need to if I want to build a successful online business.

Wrong again! It is true that in some very competitive, high demand niches it’s nearly impossible to achieve top search engine rankings. However, it can be done even in those niches if you really want to. I’ve done it and I am far from being an SEO expert. And the fact is that you don’t need to be ranked at the top of search engines in order to build a successful online business. There are many other very effective ways to bring in customers.

That’s it. Ten of the top online business myths and the truth about them. Don’t convince yourself, or let anyone else convince you that you can’t build a successful home business and make money online. You can achieve the dream of financial freedom and create a better life for you and your loved ones.

Ramblings Of An IM Junkie – Avoiding The Train Wreck

Have you ever seen a train wreck? It’s not pretty. Actually, it’s downright ugly. For that reason, I tend to try to avoid them at all costs. Oddly, Internet marketers seem to love train wrecks, especially when they’re right smack dab in the middle of one. Oh, I know, you have no idea what I’m talking about do you. Well, I wasn’t expecting you to. See, this is the kind of train wreck that we’ve all come to accept as Internet marketers. The reason is because most of us, especially the guys first starting out, don’t know any better. If they did, they’d get out of that passenger car as fast as possible.

Okay, I’m going to stop talking all cryptic here and try to explain some of what I am talking about…

When most internet marketers break into the online business world, they tend to go to where they think the money is. For the real green newbie, that means heading for the “make money online” niche (I did this MANY years ago, even then it was not pretty, and it’s way worse now). This is the niche where the new marketer writes a book on how to make money on the internet and then tries to sell it or starts a blog about making money online. Now, if you can’t for the life of you see what’s wrong with this and why it’s a train wreck in the waiting, let me explain…

First of all, where does this new marketer get his info from? He’s brand new, so he hasn’t actually ever made any money online, yet he’s going to teach others how to do it. Okay, whatever floats your boat. But still, he has no idea what is actually going to make him any money so how does he write his book?

Well, for most of these newbies, they write their book from information they read from… you guessed it… other books (or blogs). Now, unless they know the person who wrote these books personally and know of their credibility in regard to the subject, they don’t know if this information as any good or not. Still, they take it and put it into their OWN book, passing it off on their own and then hope they can sell it.

Well, this is a train wreck on so many levels that I don’t even know where to begin.

For starters, the info could be erroneous, old, or flat out crap. So the person buying it could be getting something that simply doesn’t work. Then they put it into action and sure enough, they don’t make any real money doing it. So somebody tells them, “Don’t worry, just write a book on how to make money online and sell it, or start a blog.” They say, “Hey, that’s a great idea.” And the cycle of garbage “how to” books continues, each one telling the other to make money online by writing a book or blog on how to do it.

Of course, to sell these crappy books, they have to get testimonials. So what do they do? They go back to the guy who they bought THEIR book from and ask him for a testimonial on his new how to book. Now, not wanting to offend the person, they agree. After all, if they say the book isn’t any good, the person would just say back to them, “But I got this info from what you taught me. If it’s not good then YOUR book isn’t good either.” So the person is locked into giving a testimonial for what he knows is a piece of crap book. Heck, he should know… HE wrote it.

I think you get what I’m trying to say. This train wreck has been going on for so long that it’s a joke. Well, there is a way to avoid this train wreck and that information will be coming in the follow up series to this article. So stay tuned.