This is a guest post by Mark Thompson. If you want to guest post on this blog, check out the guidelines here.
This article is dedicated to all those people who are ready to take the plunge into the world of making money online because today I’m going to highlight some of the most popular myths about making online money so that you don’t fall in them easily or get yourself trapped in any sort of scam.
Myth 1- You can get rich overnight
Sadly, this is the most popular myth in which most of the newbie fall through. There is no such method in this world which can make you rich overnight unless you are an exception and going to launch a service similar to Google.
Myth 2 – This E-book contains everything you need to know
Pay $9.99 for this book and see what experts are doing to earn 6 figures every day.
Or
Pay $19.99 for Step-by-Step tutorial on how to make tons of money online.
Really, you will find this kind of Shit at many places and people would be dying to get this shit. For God’s sake, use your common sense (although it’s not that common). Why would anybody sell a book at dirt cheap prices if he knows the method of earning six or seven figures?
Myth 3- Blogging is the easiest way to earn money.
I am tired of hearing such kind of statements – “Launch blog and earn money with Google Adsense”.
There are already millions of blogs on the web and if you don’t have anything valuable to add to it then it’s better not to start a blog. Blogging is not an easy job and demands lot of patience and hard work before showing any results.
Myth 4 – I don’t need any money to market online Business.
Are you kidding? Really, people think that they just have to buy a domain name, install shopping cart, pay for web hosting and now they are set to sell products online.
If you are thinking that there is no need to spend any money in marketing the online business then think again. If you want to earn real money from online business, then be prepared to spend money in its marketing. Business means business. It don’t matter whether it is online or offline.
Myth 5 – I would be having plenty of free time.
To earn money you have to work hard, there is no easy way to earn money. People who are earning their livelihood by working online work very hard harder hardest. So if you are thinking that you can earn huge amount of money doing nothing, then I am sorry there is nothing for you in online world.
Myth 6 – Nobody makes money online.
Most of the people think that online world is full of scams and nobody can make money online. I agree that there are douchebags out there who scam people but it doesn’t mean that if you are unable to make any money then nobody’s making money online.
Myth 7 – My dog can also earn money online.
I have encountered many articles about making money online which mentions something like “making money online is not rocket science” or “Anybody can earn money online”.
This is completely wrong. To earn money you need some skills either is it web designing, marketing, writing or anything else. If you don’t have any skill then you won’t be able to earn any money.
These are the most popular seven myths according to me about making money online. Now I would love to hear myths you had. So feel free to share them in the comments.
About Author :
Mark Thompson is a freelance writer and loves to write on landing pages, making money online, affiliate marketing, web 2.0 and conversion rate optimization.
About Lee Ka Hoong
Spot on, Mark.
It’s a shame that so many still believe some of them.
Another one…
“I’ll guarantee to get you to the Google number one spot…Overnight”
No-one can guarantee that!
Andrew
.-= Andrew @ Blogging Guide´s last blog ..Make more affiliate commission with this plugin =-.
Hey Andrew, That is a great point for SEO myths
How to get Google number one rank spot ?
.-= Kevin Chong´s last blog ..Nd:YAG Laser-Assisted Liposuction for an HIV patient =-.
Agreed. It’s refreshing to see some honesty injected into the “making money online” space. Andrew, the people who claim that they can launch your site to the top of Google overnight aren’t always bs’ing. But, they will charge you a boatload of cash for Adwords, lol.
I hate it when the seller do not tell you that you will need to invest more money.
.-= Agent Deepak´s last blog ..MARKETING vs SELLING Your Blog =-.
I am discovering the myths first hand since i started my blog … i am using all online advice and techniques to see what works and what not.. but it is interesting to see the myths summed up though :)
.-= Wannabe´s last blog ..Who said it was easy? =-.
anybody who says making money online is easy then either he is trying to sell something or just completely misleading you. Nice article though
.-= Sushant @ Techooze´s last blog ..How Many USB Ports Do You Really Need =-.
Yeah, make money online not that easy to do. Many online people always mislead us to understand it is easy.
.-= Kevin Chong´s last blog ..Cellulite? Try organic Indian knickers =-.
Because beginners are easy to fall into this and easily mislead to wrong direction. Nice article.
.-= Alvin Lim Fong Yee´s last blog ..Bart Simpson Likes to Read limfy.com Blog =-.
I got to say nothing but to agree that the myths are exist and haunting some of us!
Yes, there is no easy way for a huge success. Put your effort if you really want it. I always keep that in mind =)
.-= BloggerDaily´s last blog ..Web Hosting Rating: Find The Best Web Hosting For You =-.
Sorry but I have to disagree on #4: I don’t need any money to market online Business.
While it is much better to have a marketing budget, there are many ways you can do free marketing. You can use free marketing techniques to build up an income stream which can then be reinvested in marketing.
Ok, Even free marketing techniques require money, you have to hire SEO experts, content developers etc etc.
You can’t do everything yourself and even if you are doing everything yourself it requires lot of time, the time which you could have used to earn something
It depends on the nature of your blog and your skill set. Many bloggers know enough about seo & marketing to at least get the wheels turning. While it is ideal to outsource some of the marketing/seo tasks, it is possible to do a lot of it yourself. I would think that 99% of the blogs out there start with little or no budget. You may find that it is a lot of work to do everything yourself, but most people simply do not have much to invest in starting a blog. The trick is to reinvest in things like freelancer outsourcing when you can afford it. I just don’t think it’s mandatory to invest in marketing at the start.
I find the most myths in this list. Yeah — many making money buddy fall because of that myth.
.-= Dana @ Blogging Update´s last blog ..Easy Way to Put Social Media Button in Blog =-.
There is no magic bullet when it comes to making money online. Hard work, dedication, and patience are key. You have touched on, in my opinion, the major myths.
You are right! There are some people still believe on some of the points you stated. I think hardwork is important if we really wish to make money online. I’m a new blogger and wish to make money online. Although i do not make much money from it, i’m still learning and love to do it too. Thanks for your sincere sharing!
.-= Kok Siong Chen´s last blog ..Cri du Chat Syndrome – Human with Cat-like Cry =-.
Firstly, thanks to Mark for writing those myths. I’m a blogger who never spend any penny for ebook because I know they (IM) only make money by selling information product. This is the only way they can make 6 figure per month.