Black Mentality About Online Business

WHY DO MOST ONLINE BUSINESSES FAIL?

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Most people don't make money from online business in Ghana due to three main reasons:

1. Ignorance, lack of knowledge and wrong information
2. Laziness

3. Lack of patience and perseverance

Let's look at each one of these reasons in greater detail.

1. Ignorance, lack of knowledge and wrong information:

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Making money online is not an easy task. To succeed you need to have specific knowledge coupled with insider details and information from those who have done it and actually made money not just once but repeatedly. You need to understand how the internet works; how online advertising and marketing in general works. You need to be aware of the hidden methods and secrets of growing an audience or a list of prospects. You also need to understand how search engines work and how they can affect your revenues.


Unfortunately, most people who venture into this business do not have the complete knowledge about how these things work and what they should or should not do. Many of these people come across partial information from sources like websites and badly written e-books etc but because the information is not complete or partially correct, they end up failing in their venture.


Many of such websites and e-books are created by people who tried the business but failed so they want to make money by hoodwinking unsuspecting people into thinking that they are gurus. Meanwhile all they offer is the same incomplete, irrelevant and sometimes wrong information that they themselves could not make money with. For you to succeed, you need to learn from people who have actually done this thing and succeeded. Learn from their experience and valuable insights.


2.Laziness

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This mainly has to do with people who learn about this business for free or who were deceived into thinking that they can make millions overnight by doing little or nothing. When things are not moving as fast as they imagined, they easily give up. They got the info for free, got a website for free, tried it for a couple of weeks, saw no results, got discouraged and gradually lost their commitment because they had nothing to lose by giving up. But as I always like to say: if setting it up had cost them GHC10,000, these people would have taken the business much more seriously and shown far more commitment.


In fact this is the exact reason why I will chose to sell some POWERFUL MATERIALS on BLOGGING, AFFILIATE MARKETING, FREELANCING & WEB/INTERNET CONSULTING and not give them out for free like this 7-days training even though I am trying to help the youths of Ghana to empower themselves. Charging for this POWERFUL MATERIALS is to ensure that anybody who buys them must take the business very seriously and show the needed level of commitment.


Seriousness, commitment and dedication are the major ingredients that got me to where I am today so it is a must that anyone who is attempting this online business must view it with the utmost seriousness for him to succeed. If someone knows that he has put in money to obtain this information then he will always consider the cost of failure and be motivated to put in his/her very best. Only when you are damn serious about it can you succeed in this business of ours.


3. Lack of Perseverance and Patience

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People are not willing to wait for money to start flowing in like a waterfall. They start today and expect to see big profits overnight. The problem is that many of the fake "gurus" give people the impression that they can make money overnight without having to do much at all. Unfortunately it doesn't work that way. Only in extremely rare cases can this be true but most of the time, it's false.


In online business, results can be very volatile and unpredictable especially when you do not already have a proven strategy that works. In my case, it took me about 5 years of failures, anxiety, setbacks, trial and error before I was able to evolve my present methods. Luckily for you, you will not have to go through the same stress because all you need to do now is to learn from my experience and follow my lead. But this does not mean that you won't fail at least once. The trick is not to give up even if you fail.


Although there is a certain kind of business that can actually get you profits within a few weeks, the majority of online businesses typically take between 9 and 12 months before you can expect to start seeing any tangible yields and results. Until then, it's virtually all sweat with little returns. The only way you can speed the process up is to spend money on advertising. But if you want to follow the free, no-expense, no-capital method, then you need to prepare yourself to wait for 9 to 12 months or more before you can expect anything above GHC400 or GHC500 regularly.


Some people are not ready to wait for a year. They forget that if they don't take action and start something today, they may still be looking for a job one year from now. One year is a short time and the sooner you start the better.


Even if you are a worker, student or otherwise currently engaged in some occupation or activity that takes up your time, you can still do it part time. Online business has the long term potential to give you revenues many times higher than what you will ever receive as a salary earner.


Therefore the earlier you start out on the journey, the better!

DEVELOP THE RIGHT MENTALITY

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For you to succeed in online business, you need to cast away all doubts and believe that you can and will succeed. You should not expect too much too soon and don't set your expectations too high so that you will not get disappointed or discouraged when they are not met on time.


In my whitepaper titled..The Psychology of Online Success, I posited that success in any online business is hinged on three key pillars which I call 3M: MINDSET, METHOD & MOTIVATOR.


Mindset

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You must believe that you will succeed and expect to succeed. You must set goals for yourself and strive to reach them. Do not expect too much too soon. Always seek to learn more and improve on your skills.


One of the very first people that bought my e-book in 2012 actually took the pains to go to a computer school to improve on her computer skills before embarking on her online business. In just six months she was already making an average GHC500 monthly. I spoke with her recently and she informed me that she has bought a land and is now planning to get a car. All from doing online business using the techniques in the the e-book, Blogging professional.


This could also be your story. Imagine having the money to do anything you want to do. You can take care of your family, your children, your parents, build your own house, settle down and get married (if you are still single). Therefore you must continually tell yourself that you will succeed in your online business and that you are prepared to do whatever it takes no matter how long it takes you. Develop this mentality and pretty soon, you will become rich beyond your wildest imagination.


Method

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You must use the right methods that have been proven to work and you must continue to experiment, refine and seek out information and better methods that will generate the most gains from the least effort.


Motivator

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This third pillar has proved to be controversial for some of my critics because it recommends religion or a strong belief in a higher being or a higher cause as being a success factor for online business. But I always tell these critics that I speak from my own experience.


I have come to understand that a vital aspect of man's success and prosperity lies greatly in how much he/she believes in and is motivated by a noble cause or a higher intelligence. Having a motivating force is vital for online business success.


I attribute the entirety of my success to Almighty God. He is my motivator and I look up to Him for guidance, inspiration and support. Every single piece of knowledge in my brain was brought my way by Him and He also gave me the intelligence to understand the information and put it to profitable use. I give generous offerings, give alms and give aid to the needy and underprivileged according to what He asks of us. I'm not blowing my trumpet but I'm trying to make a point. Give and it shall be given unto you is a law of nature. The more you give, the more you get in return.


THE IMPORTANCE OF FAITH AND BELIEF

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I do not mean to say that you must be a Christian or Muslim to succeed. What I mean is that you should believe in a higher power other than yourself. This power you must look up to for help, motivation and inspiration.


Psychologists have confirmed that a strong belief in something, usually a higher power, can bring about strong changes and trigger the processes that cause our strongest desires to happen. No matter what religion you belong to, you must go the extra mile to do the things required of you to ensure the success of your activities. You must also learn to give to others in cash and kind according to your beliefs.


FIND YOUR MENTOR

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A mentor is someone whom you can continually look up to for advice and guidance. This must be someone who has actually made (and is still making) money from online business. There are many of these possible mentor types online both in foreign lands and few here in Ghana. Although the most successful guys are actually the foreigners like Jeremy Shoemoney, Darren Rowse etc.


All of these people are accessible through their websites and as you go along, you will definitely come accross more of them. You don't have to stick with one mentor. In my case, I learn from all of them to better myself and I suggest you do the same too.


You can become a big time millionaire just working online at home. Just keep on learning because life doesn't stop teaching!