Blogging is a thing I enjoy greatly and being a netrepreneur constantly drives me to scour through the blogosphere for intriguing posts…especially posts that match my current level of understanding on a particular subject I am interested in. The other morning I found such a post on the highly successful Problogger.net blog which deals with 9 truths about making money online.
It begins by painting often hyped up pictures of lavish livings and luxuries attained by a would-be internet entrepreneur – or as prefer to call “netrepreneur” – that I am sure you’ve heard by now if you’ve been on the internet for a while. Then the author makes an abrupt 180 degree turn with the subject matter and actually tells 9 hard-nosed, not so lavish, unadulterated truths. One which rang a particularly strong resonance for me was:
“You’ll Fail More Than You Succeed…”
…although I tend to view these “failings” as the required feedback needed for modifying your strategies in order to get the results you’re after, but nevertheless, this is a reality you must come to terms with as opposed to the 6th Truth which one might find difficult to come to terms with.
But there is one frustrating factor I did not see on the list which brings us to a 10th truth: The Internet Moves Fast. Fast meaning the quick pace of evolving and ever changing information and technology on the net.
It seems as though just when you have finally understood one particular ideology or method, then up comes another one or an upgraded version of the previous one which without you’d be left behind like some caveman traveling barefoot while others speed pass you in their Ferrari’s.
I have experienced this time and time again whether it was with pay per click marketing, article marketing, or SEO. You have to maintain the attitude/mind of a student at all times and be quick at implementing your learnings so you’ll always be ready for that next level. And in the classroom of making money online it doesn’t pay to be a “C” student, you have to shoot for the honor roll and stay there!
Hmmm…with the above in mind, perhaps the 6th Truth is not so hard to come to terms with after-all:
“Some People Just Won’t Make It…”
Now I know that sound like a slap in the face for all the hard work involved with making money online (HARD WORK ironically being the first Truth!), yet unfortunately it is a Truth that can be applied to almost any endeavor in life.
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Why do the so called Internet Marketing Guru’s never show a niche that has actually made them money? It appears to me that everyone plus their grandmother is peddling how to get rich on the net.
Is there actually any OTHER niche?
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Weez
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May 18th, 2010 at 3:07 pm
@Steve
I know just what you mean. I think it has to do a few things:
*The newbie has just been extremely inspired from an affiliate offer which made it extremely easy for him to sign up right there on the same page she/he’s already reading making for a quick entrance into the “game”(this of course greatly helps out the owner of the affiliate program!)…
*“How To Get Rich on the Net” is so appealing to one of the strongest of desires: TO MAKE MORE MONEY! Therefore, it is often times assumed that this would be the logical niche to start in…
*The market research involved in finding good niches is very tedious and time consuming…sort of on the “geek/nerd” level…
*and Probably the most obvious, not many marketers want to reveal their profitable niches because of fear of competition…
…the list could go on and on, but with the right software one could find some highly profitable niches or even doing something simple like browsing through ads in the various types of newspapers and magazines noticing the ads that constantly repeat over time. One thing you can bet on is that those advertisers would not continue to advertise a specific offer unless it’s converting because advertising is NOT cheap.
p.s.
You could also just purchase some turnkey plugin and play type sites that are already in proven and successful niches, here are 2 good resources: 12 Niche Websites Kit and 47 Turnkey affiliate Websites
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Wow! I normally don’t do too much commenting on blogs, but I have to say that this was a excellent post! Keep the great posts coming and I will be sure to bookmark your blog
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Thanks for the great content. I’m always searching the net for content that will give me some new ideas for my own blogs and legitimate online businesses.
Great blog and thanks for the great article.
Brad
http://yourdesiredlifestyle.com
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It is very nice and i like it..
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One thing you can bet on is that those advertisers would not continue to advertise a specific offer unless it’s converting because advertising is NOT cheap.
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There are definitely a lot of things, beginning marketers are missing when trying to earn online. This was an informative and interesting article. Thanks for sharing! Looking forward to reading more on similar subjects.
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Overlooked truths about making money online http://bit.ly/aeuGUL
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