Don’t believe what all the Guru’s tell you it’s not easy to make money online. Via my Blog and forum I get to chat to lots of people who all have one thing in common they want to make money online. Often this is to supplement a poorly paying full time job, to bring in some extra money to help out with bills or just so that can get away from a mundane 9-5 job. Unfortunately about 95% of these people won’t get to realize their dreams and be able to make a significant online income. There are 5 basic mistakes that people make when they set out on an online career. The sad thing is that most of these can be easily avoided with a bit of planning and preparation. Let’s look at the mistakes and how you can avoid them.

1. Not Planning

Working online is like any business you need a business plan. You also need to know your strengths and weaknesses. If you don’t feel you can write articles and you don’t have the funds to pay for a writer then you should avoid anything that needs a steady flow of unique content or articles. Find a source of income that will allow you to use your abilities. Don’t be afraid to treat the first 6 months of your online career as an apprenticeship and learn new skills which will help in the long term.

2. You Believe all the hype in sales letters

It’s a successful Internet marketer’s job to make you believe what you read in their sales letters. Having read the sales letters or email you’ll be certain that you need whatever product they are promoting this week to be successful. STOP! You don’t. There is no replacement for hard work. Learning how to do things yourself without relying on some tool will be the best long term investment you can make.

3. You don’t control your spending

If I wanted to depress you I would tell you all about the people i know who have spent thousands of dollars on tools and books that are cluttering up their hard drives. Many of these people have still to make more than $100 online. You will only make a profit online if you make more than you spend. If you spend $1000 on useless tools you will need to make $1001 before you see any profit. Think before you buy any more tools!

4. Failing to Focus

Earning money online takes time, if it was easy everyone would be doing it and then who would deliver your mail and work in your local stores? Most people tend to forget this and if they don’t earn money in a few weeks they convince themselves that the methods don’t work and try something else. The methods do work but they take time and you need to learn all the skills required before you can master them.

5. You think you know all you need to know.

Recently I’ve had a number of emails from well know marketers who take great delight in telling me that Hubpages and Twitter are the next big things to happen to Internet marketing. I’ hate to tell them but I’ve been using these for over 9 months. The Internet marketing world is developing at such a pace that there are new methods and sites being developed each week . You need to keep abreast of the situation and not think that you know all you need to know.

If you are reading this and can confidently say that you aren’t making any of these mistakes well done. You are on your way to a good online income. If you do find yourself making some of the mistakes above well now you know what you need to do to make money online.

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