Tuesday, July 21, 2015

Why Is Making Money Online Like Going to School?

“Oh, this is going to be easy. All the making money online gurus say that MMO is a piece of cake.”
Yeah, right. That was me 4 years ago. 4 years later I make a nice living prospering online, traveling the world. I lived in Bali for 4 months, Phuket for 5 months, and a host of other tropical paradises for a long time.
This was not easy in the beginning. I struggled. Because I did not treat MMO as if I were going to school. I was lazy at first, and over confident, and foolish. Then I woke up. Committed. Succeeded.
My recent Southeast Asia trip lasted 2 years. Why? I treated making money online like going to school. I became a student of prospering.
Think of it this way: if you walked into an advanced Physics classed and got pissed off because you did not receive your PhD in one week, this would sound absurd, right?
So why are you frustrated by not making $30,000 after your first week online? Because you refuse to learn a skill. You refuse to apply your skills for a period of time. You are greedy or delusional and want your laptop to be a trusty ATM.
Reality Check: you will generate cash online after you study, learn new skills and apply these skills for weeks, months and years.

1 – You Must Pay a Tuition

School tuition can be paid by check. Online money making tuition is paid by spending your precious time and energy learning a skill inside out.
People making millions online paid their tuition. They learned and applied skills for months and years before making big bucks.
Be patient. Pay your tuition. Then you can receive your degree, AKA, get paid.

2 – Class in Session

Show up to class. Miss class, you are doomed, unless you are brilliant. You need to learn from your teacher as an offline student.
Use a text book as a reference and follow up by attending classes to soak up knowledge from your professor.
In the online world you need: 1 – A System, 2 – A Mentor.
Your textbook and your teacher. Partner with a trustworthy, helpful mentor and plug into a proven system based on sharing value and targeting your ideal prospects.
Class is always in session. Select your teacher and system carefully, show up and work.

3 – You Must Take Notes

I do not care how hungry you are to soak up knowledge. You generate some 40,000 thoughts daily.
Read this post without taking notes on these lessons and you forget most lessons in 5, 10 or 20 minutes. Take notes. Drill these concepts deeply into your mind so you remember the lessons presented here.
In school I know you filled pads with notes on lectures or lessons. Use the same strategy online. Read a blog post. Take notes. Acquire information to digest at a later time.

4 – Study Time

You spent hours studying in class and out of class to receive your diploma. Study time was a critical part of your academic career. You have notes. You review the notes. Through repetition these notes become part of your knowledge base.
Same deal online. Review your notes frequently. Set aside some time late in the day to review your making money online notes. Review the concepts I shared in this post. Think through the analogy.
I guarantee you will be thinking like an online money making student in no time. Review. Remember.

5 – Test Time!

Test time or exam time revealed to you what you learned and what you did not learn. You attended class, took notes, studied the notes and then it was time to take a test. You passed or failed.
Online entrepreneurs receive tests each day. You apply what you learned and either grow your online ventures and make money online or fail.
Either you are generating home business opt ins or attracting new customers and prospering or you fail to grow your business.


Well, having made money online for over 4 years I can tell you, if you wish to prosper, and succeed, and do stuff like traveling the world, you need to spend time studying THEN applying what you learned each day.
Imagine how much time you spent in class and studying during your high school or college days. Some days you spent 6, 8 or 10 hours acquiring knowledge.
Same deal online. If you do your gig part time spend 2-3 hours daily, or more. If this is a full time gig, 6, 8, 10 or more hours seems practical.
You are learning a new skill. This takes a serious commitment on your behalf. Show up for class daily. Take notes. Put your knowledge into action. Succeed.

Your Turn

Do you treat making money online like going to school?
Are you struggling to make a cent online?
What success tips can you share?

Why majority of new blogs fail?

In the recent history, blogging was started as a hobby where one used to express his views and experience regarding the various things around. Earlier,an individual’s blog was too much centered on his life and philosophy, but since it was about views, it had no limits. Within no time the views became public and blogging took a new turn.

Now sticking to the basic and stepping in future, people started writing their views about various other things in the surroundings, also technology and advancement gathered the attention of a big crowd. Now hobby was about knowing about the technology and expressing it smartly.

That was not the end! Rather it was a mere beginning. Next shooting advancement in the field took place when the word “monetize” was introduced. Yea, it was about money. With change in economical prospects of various countries, people explored new ways of making money. Good blogs emerged out to be right place for online marketing and has been providing appreciable returns. Bloggers also realized this fact, and became more active towards it and entered into a competitive market. Towards the end of the last decade, blogging was turning into a huge business concept rather than a mere hobby. In a few years, market got flooded with n numbers of blogs and ours may be from one of them.
As a business entity, concept on blogging got related with monetizing the traffic and the concept of hobby got shaded away by big money. Since the numbers of competitors are increasing in market, 95% blogs are nothing but a failure of admin. The fact is hard to accept but gone are the days when every individual used to make money. It is team work and management what decides the success of a business at present. Knowledge is good, but SMART approach is the immediate need to stand in market.

In present scenario, the advancements in blogging call for regular updates in terms of articles, Search Engine Optimization, technological aids and many more. Highlighting back on article’s heading, it won’t be wrong to mention here that marked numbers of new blogs are introduced on web by school/college students as individuals. Nothing unexpected, at their level, it is tough to manage big things in real time. With the work load of studies and peer pressure time becomes biggest problem and finance as a follower. Starting from scratch is interesting initially but later it becomes a boredom due to less monitory returns and hence motivation level  goes down. If we focus on alexa rank, this term is hardly unknown to any blogger. It is easy for them to attain a rank of 2,00,000 but the real game starts after that. In order to monetize blog traffic, this can be one of the appreciable factors to project site market standards. Google Adsense is considered as a very efficient way to make money online from blogging and if we look in the west, it is a primary source of income there, for many. For a newbie’s effort, disabled adsense account is other fear factor of failure. People lose interest after making few hundred dollars followed by blocked account; may be fraud clicks activity.

As a blogger, if you want to succeed on web, first decide to work, have a plan, make a team and follow the right track. Most important and regular steps for success is accurate and timely follow up. A good blog is a result of science of web and art of management.

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