I’m going out on a limb here and say that if you’re interested in an Internet Marketing Business you already know about its benefits. Benefits such as additional tax breaks, being able to expense things for our business, creating our own work schedule etc…
Plus having your own business is highly recommended by major entrepreneurs like (Trump, Kyiosaki, Allen, T Harv Eker, Mike Filsaime)
So ask yourself this question – With all the benefits that come with operating an Internet Marketing Business, why do approximately 97% of all Internet Marketers continue to make what I believe is the #1 mistake in the industry?
Owning your own business and becoming an independent is supposed to lead you the land of the free and wealthy, correct?
Being your own boss or entrepreneur is where all the benefits are, right?
In his book the Cash Flow Quadrant, Robert Kyiosaki explains that being an entrepreneur and leveraging the efforts of others will dramatically result to an increase in your bottom line profits.
Again – Why is the failure rate in internet marketing so high?
Well I believe to answer this question you must first ask yourself the following question:
Can Anyone Make Money In Internet Marketing?
The short answer is NO.
The reality is not everyone is ready and cut out for owning their own business.
Please focus on the word business for a moment.
What happens to a majority of businesses in the off line world?
They don’t succeed.
Look this is not a bring you down post and I’m not being negative. I’m just stating some pretty obvious facts here.
Many people have fallen into a category of what I call “Opportunity Seekers.”
You know the opportunity to earn a little extra cash – call it a part time job from home.
What really hooks them is the lure, in their mind, is extreme financial wealth. The “opportunity” to earn extreme monetary wealth with very little effort.
And when it doesn’t occur a time frame they believe it should occur, they abandon their dream and say it was a scam or go to another opportunity.
They view the 3% of the top earners and wonder “How can I get there and fast?”
They’re blinded by the nice cars, the fancy suits and the exotic vacations and yet fail to understand how much effort went into achieving those rewards.
Do you know what the top 3% earners have that the 97% don’t?
The majority of people who enter start an internet marketing business, it’s actually their first attempt at starting a business.
Congratulations to them for taking a bold first step.
However starting something and seeing it through to completion is two different things.
Now you’re faced with learning a whole new skill set within internet Marketing such as:
- how to set up a squeeze page
- use an autoresponder
- create a blog
- traffic generation strategies
- do online presentations
An Internet Marketing Opportunity Is A Business
As with anything you new, you need to develop new skills, new ways of looking at things, new thought processes. Whey you enter into a new business, you must develop a new set of skills to prepare you for that business.
Mindset plays such an important part at this point.
The development and mastering of new skills takes time, with unexpected road blocks appearing from no where and sky rocketing your frustration levels.
Lets use the example of golf:
In golf approximately 10% of golfers break a 100 with any great consistency. Trust me, breaking a hundred is a huge milestone and if you play golf you understand this point. A golfer wanting to break a hundred will invest in books, videos, coaching lessons, funny looking equipment and training aides.
They’re attempting to learn new skills, practice these skills at a driving range, then take their game to the course to see the results.
Developing new skills in your business is no different?
Establish the correct mindset, accept that you have to invest in yourself, skill development and training and you’ll achieve faster positive results.
You’ll make mistakes along the way, everyone does!
You will question yourself more then once and you must keep moving forward.
What Separates The 3% From The 97%
Please understand that the difference between the 3% and the 97%…is well…nothing.
They’re not smarter then you or me and for certain they’re not super human.
They’re just willing to
work a little harder
invest in themselves a little more,take their knowledge and take action on it
move forward regardless of what happens
They get up earlier and stay up later honing their skills to become better at building and succeeding in their business. They take the actions necessary to put themselves out there…they have the correct mindset…a strong belief in what they are doing is right.
And when they fail, (because they do)…
They don’t view failure as if it’s something to be avoided and not talked about. To them it’s feedback.
Well that didn’t work and they move onto the next thing on their list believing it will move them forward towards their goal.
Perhaps you’ve heard the story of Thomas Edison who attempted more than a thousand times to create the light bulb before achieving success. A thousand times!
How many people quit after one or two failures, throwing their hands up in disgust and claiming “this stuff is a scam or this doesn’t work”
Look the bottom line is this, to Achieve Online Business Success you need:
“Man often becomes what he believes himself to be. If I keep on saying to myself that I cannot do a certain thing, it is possible that I may end by really becoming incapable of doing it. On the contrary, if I shall have the belief that I can do it. I shall surely acquire the capacity to do it, even if I may not have it at the beginning.”Mahatma Gandhi
1869-1948, Indian Nationalist Leader