I started trying to make
money online when I was 14. Like today, there were
a lot of scams out there, and being so young I was
especially vulnerable. I wasted hundreds of dollars.
The weird thing was I was
a pretty smart kid. I knew the value of a buck.
But when I came online I didn’t think that
“real world” rules applied.
All too often people come
online and lose all sense of reality like I did.
I see two types of people who fail online.
The first type of person
thinks EVERYTHING online is a big scam. They don’t
think they should have to pay for information in
e-books or for tools they will need.
If you have to put money
into your Internet business, it’s a definite
scam. They also may be freebie seekers and try to
suck all your time and knowledge away for free.
Don’t get me wrong.
You should always have your “Scam Radar”
up when you’re online. But let’s think
about this logically. Can you startup an offline
business without investing any money into it? Even
a small family owned business requires some startup
capital.
So why would an online business
be any different? Starting up an online business
is a lot cheaper than starting an offline one, but
the same principles apply. This is what economics
is all about. People make money by providing a product
or service to their customers. It works the same
way online.
The second type of person
thinks the total opposite. They throw all judgment
and common sense out the window and usually dive
headfirst into a whirlpool of scams.
They join downline clubs,
gifting clubs, “Send $5 to everyone on this
list” programs; they usually spam people and
end up wasting a whole lot of money. I should know.
I used to be a Type 2 when I first started out!
I don’t know why, but I just figured the Internet
was a magical wonderland where money fell from skies
of gold. Then I woke up.
Type 2 people give legitimate
online businesses a very bad name. In fact, they
are usually the ones who turn people into a Type
1! After seeing all these scams, it’s no wonder
some people look at the Internet as one big con.
Type 2 people usually give
up eventually and walk away with a bad taste in
their mouth. They also end up looking at the Internet
as one big scam.
Then there is a third type
of person, and hopefully you fall into this category.
They see the wonderful potential of the Internet
and online business, but also realize that the same
universal laws of business apply. They are willing
to learn what works, invest time and money in their
business, and be patient and persistent.
I realized after awhile that
you shouldn’t try to “make money”
online. That’s too vague. You should start
a legitimate business and treat it as a real one.
And that’s what type 3 people do.
Don’t these people
make the most sense? They also make the most dollars
(Get the pun?! ;)