Many want to make money on the Internet, but only a few succeed. News stories about online success motivates people to get started on their online business. More often than not they give up once they realize how much work is involved, or when the results don’t come fast enough.
We live in a instant gratification world, and building a business simply does not work that way. Somehow people think that the Internet can magically remove the hard work required to build a successful business. Many end up thinking that it is way too difficult to make money on the internet instead of realizing that they lacked the essentials to build success.
You have to pay your dues. Your expectations about the process, and the journey need to match the reality of making money on the Internet. The skeptics always have a reason why it can’t, won’t work. People make excuses all of the time. If only I had started back in 2005. It was easier back then. There was less competition.
I guarantee you that in the next two years you will be reading about several successful entrepreneurs that started today. There really are no excuses.
In order to make money on the Internet, there are a few absolute essentials. The first essential is passion.
Make money on the Internet essential #1 – Passion
This is the most important ingredient that separates success, and failure online.
What is going to keep you going when the times get rough other than passion? Times will get hard. Success online is not linear. Expect ups and downs.
Many times I have started an online business in a lucrative niches like web hosting, credit reports, or online dating. When I sat down to work on these websites, I lacked motivation. These ideas were doomed from the very beginning no matter how lucrative.
Some really strong motivation has to keep you going when the times get rough.
The potential financial gains were not enough to keep me going, but it can be for some. Is the pursuit of money your passion, and driving force?
You have to find a business idea that you are truly passionate about. If you are not sure what your passion is, please check out the following article. How to find your passion. It should help give you some clarity.
Without passion it will be extremely difficult to work on your idea day in and day out when no one is visiting your website.
Passion has to be the fuel that keeps you moving forward.
Make money on the Internet essential #2 – Pleasure
The people that succeed online are consistent. Week in and week out they continue to create great content that people really enjoy. They enjoy the process, and expanding their idea. They get pleasure out of what they are doing, so they just keep on going, and that is what brings them success.
I’ve been studying online entrepreneurs for years, and there is a recurring theme. They started out doing something because it was fun, and it grew into something amazing.
Pleasure creates the consistency that drive online success.
You have to enjoy whatever business you choose to start.
Make money on the Internet essential #3 – Expertise
Many fail to build a successful online business simply because they don’t know what they are doing. Part of building a successful online business is reading books and blogs to educate yourself on what you have to do to succeed. You have to evolve and innovate.
You have to figure out how to get traffic to your site, how to blog, how SEO works, and a lot of other skills. You have to focus on constant self development, and apply what you learn. Things conceptually don’t always work the same in reality. A big part of your education will come from doing.
Continue learning, and then apply it in the real world to build your expertise.
Make money on the Internet essential #4 – Work
People that make money on the internet work extremely hard on their business.
I talk to many people who say they want to make money on the Internet. They have registered a domain name, they have set up WordPress, but when I ask about how their business is going, they say I haven’t worked on it in ages.
There are always excuses about how busy they are, or how bad work is. Two years from now someone in their same situation will be rich.
If you really want to succeed online, you have to put in the work.
Make money on the Internet essential #5 – Great Content
Great content is what makes you stand out from the crowd. It gives people a reason to visit.
There a lot of websites that have extremely short posts that don’t really answer the question you googled. I am often surprised how certain pieces of content make it the top of Google searches.
Each piece of content you create is like a magnet, or doorway into your website. How many people are drawn to, or choose to enter your site is determined by the quality of your content. Great content helps get people to your website, and makes them stay.
Far too many people focus on quantity over quality. It all goes back to the instant gratification thing, and trying to take shortcuts. Create content that actually helps people.
Great contents gets you links. On the Internet links are currency. The more quality links your website attracts the more traffic your website will get from Google.
Make money on the Internet essential #6 – Content Promotion
Great content alone is not enough. When your website launches no one knows about it. When you publish content, no one knows to read it. This frustrates a lot of people and causes them to give up. This is probably the number one reason why people don’t make money on the Internet.
You must learn how to promote your website, and content. Go find your audience wherever they are online, and interact with them there.
Leveraging social media, and building relationships with influencers in your niche is extremely important.
Find your audience on Twitter, Facebook, on online forums, through commenting on other blogs, and by doing guest posts.
Continually learn about website promotion, and experiment until you find the formula that works for your business.
Don’t neglect building relationships with key people in your niche through social media, and their websites. When they share, or link to your content, you gain exposure. Get to know the influencers in your market, and build strong relationships with them. Help them promote their content, and hopefully they will do the same for you.
Put your great content in front of as many people as possible.
If you combine all of the essentials, you can succeed in creating an online business. It does not come easy, but those that apply themselves the most end up at the finish line.
These 6 ingredient are the only thing separating you from the success you desire. These are the essentials to make money on the Internet. Strive to find an idea that combines of all of these elements.