How Not To Make Money Online Or Anywhere Else
Sometimes the best way to really know something, is to truly know its opposite.
I know a lot of people that make money online, either as a living on the Web or as a second income.
I also see a lot of people fail to make money online.
Time and again.
They either chase the wrong things, follow bad advice, or don’t know who to learn from.
Strategy, skills, and persistence pay off (in more ways than one.)
Maybe this post can help shed some light on the differences that make the difference?
How many ways can you not make money online? Let me count the ways …
OK, here are 5 easy ways on how not to make money online and anywhere else and underneath each one, the smart thing to do instead.
1. Follow The Herd
By the time you hear about it, it’ll probably have peaked. The time to grab a niche is looking around you, seeing what people are looking for, and giving it to them, fast.
Not recommended: Revenue shares, money cyclers, shady cryptocurrency schemes, High Yield Investment Programs (HYIP). These will all make money for the guys very early in the game or running the show, not you.
Do your own research. Internet forums are full of the past, not the future. You can learn your trade, but not the latest wheeze. You think if someone’s got a really sweet idea, they’ll blab it in a forum? Only if they’re vain or stupid. Or they’ve already made their bit, the idea is washed out, so they make one last profit by getting the newbies excited about it.
By the time you hear about it the herd will have spammed the hell out of it.
2. Not Following The Herd.
Sometimes the herd is heading over a cliff. Sometimes it’s heading to green pastures. You can’t start a revolution on your own; it’s too much hard work. So find something there’s already a demand for, and set up a stall offering it cheaper, faster or better. Or all three!
Tip: Exhaust internet research before starting your new career. It’s likely someone has already done what you’re thinking of, at least in part. Maybe you can walk the trail they blazed, rather than hacking your own?
3. Do Something You Dislike.
You can’t put your heart in a job or business venture you dislike. You’ll find that you can’t summon the energy. The old inspiration doesn’t flow. Why? McJobs turn your brain to hamburger. Your subconscious (your heart) will not supply the energy to do something it’s against, even if the head says ‘Go!’.
Solution: Take the time to find something you truly enjoy: your vocation.
4. Do Something Which Doesn’t Pay Well.
Just getting by means you’ll go broke someday: one bit of bad luck, then bammm!
Plenty of jobs out there which pays just enough to survive on. That’s how capitalists get rich; they make the profits, while you do the legwork. And that’s as how it should be. You want the big bucks? Be a super salesman, or an entrepreneur; they take all the risks, so it’s only right they get the gravy.
Most employees will dislike their boss; he/she has real power over them. He will not care about their little problems. He will not owe them anything beyond their wages and a civil word. He will be largely oblivious to the employees’ mutinous grumbling. All he wants is for his staffs to come in on time, do the work, and clear off at the end of the day. He set the business up, so he deserved the lion’s share. He has to worry about keeping the whole place going.
If you were a boss, and it was your money, just how generous would you be to your employees? Oh yeah, suuuure! And I bet you’re a big tipper too!
Solution: If you want to work for someone else, and be happy, find a job or venture into a business opportunity that pays well. Easy!
5. Do Something You’re Not Good At.
It’s easy to be mediocre at a wide range of jobs. To be a master, it will takes years, sometimes a lifetime.
Solution: You know you’ve got a knack for something. If it’s something you like, which can pay well, and which you’re good at, consider doing it rather than fuming in your cubicle. At the very least, you’ll enjoy the ride!
If you’re not sure, find a fat list of job titles somewhere and skim through it: who knew that jobs like chicken-sexer or house-sitter existed?
Do you agree with this article? I would love to hear your thoughts about this in the comment box below!
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Ari Tumijo is a full-time Brand Consulting Practice Executive as well as Head of its Digital Strategies with Rayan Daniyal Consulting (RDC) brand practice. He possesses 5 years of digital marketing experience and this website is the result of his continuous seeking and sharing of knowledge. With RDC, he is responsible for developing the solutions for clients seeking to improve their digital presence and brand equity in the social media space. In addition to account servicing role, Ari is also involved in business development for Brand Capital, a subsidiary brand of RDC. He has a Diploma in Mechatronics Engineering and spent his early career years in F&B Management and Semi-conductor industry.