“Henry, I don’t know what’s wrong. I started an importation business a year ago which crumbled to the ground with no fore warning. Some importation gurus told me it was because I was not importing trending goods. I think making money online is a mirage.”
“Mr. Henry, nice of you to reply my previous mail. I have launched countless blogs in the past and I still can’t make money. When people talk about making money online, I feel it’s a scam. I’m totally confused and don’t know what to do.”
“Hello sir, why is it that I still can’t make a living as a freelancer here in Nigeria? I have register with lots of platforms like fiverr and yet, no order seems to be coming. I feel deep down that I’m doing something wrong, but I can’t place my hands on it”
“Sir Henry, I’m currently depressed as I write you this mail. I think I’m in a verge of explosion cause nothing seems to be working out for me. It seems everything is against me, even the online world.”
If I’m to fish out all the mails I get daily, I think this page won’t be able to contain them all. It’s disheartening, especially when things aren’t working like expected. But if we can take a moment, we’ll discover that the problem isn’t on the system, it’s on us.
In this article, I’m going to discuss top 5 reasons why your online business isn’t paying off. Making money isn’t a mirage, it all lies on you the starter.
Top 5 Reasons Why Your Online Hustle isn’t paying off yet
1. NOT SOLVING A PROBLEM
The internet is same with the offline world, it’s all about giving and taking. Why most people don’t make a dime or perhaps, makes peanuts online is because they are yet to solve a real problem. The internet is the biggest marketplace, but for you to tap into its wealth, you must be able to offer something of value to people. I am trying to solve the problem of unemployment in Nigeria, what problem are you solving? It’s not about you, it’s about your target market, your audience.
2. QUICK RICH MINDSET
Nothing good comes easy. Why people fail to make it online is when they believe that they will get rich overnight. After a month of trying with no tangible result, they quit. The online world needs time to mature if it must turn to a reliable investment, just like offline businesses. It’s online doesn’t make it magic. It doesn’t make it easy. It only means that you’re 24/7 accessible.
3. NOT LEARNING
No matter your business field in the online world, you need to keep learning. Whether as a blogger, freelancer, importer, affiliate marketer etc. You need to keep learning. You need to know how to learn using the power of the internet. Many people want to earn online, but don’t even know how to use the right keyword on search engine that brings the required results.
4. TOO LAZY TO ACT
This is another set of online hustlers. They know everything that is needed to be successful. But their problem is indecision. Even when they did decide, they are too lazy to execute their decision. It’s not always about learning, it’s about being able to implement that which you’ve learnt. If you like, learn all the tricks there is, if you don’t start acting, you’ll remain where you are. A lot of people are in this ugly wagon.
5. GIVING UP TOO SOON
Life is not easy, but it’s fair. When you fail, that isn’t the end. The only option you have is getting back up, not quitting. Don’t ever quit because you haven’t seen result yet. Don’t throw in the towel yet. You can still make money online with the right mindset, tools and knowledge. With patient, the sky will be your starting point.
What kind of business are you into online? Have you ever feel like giving up?