Ever since the birth of online marketing way back in 1996 there have been quite a few myths about whether you really can make money online or not, and make decent money doing it. In this post, I want to debunk 5 of these myths and provide you with some hard facts about each one of them. Before I found a legit place to learn about how online business really worked I was just like you and believed these myths.
If you are reading this post now, chances are, you are one of those people eager to make money online, but may be in doubt and wondering if it’s possible or not. Continue reading as I will not only debunk these myths, I will also show you the place responsible for me being able to quit my J.O.B and make triple what I was making, all from the comfort of my home.
5 Myths About Making Money Online And The Truth Behind Them
Myth#1- You Can Make A Million Dollars Overnight- This is probably 1 of the biggest myths in the online marketing industry and this is nothing more than a BIG FAT LIE! This is the reason why most people think that every MMO product out there is a scam because of gurus who put out these garbage programs that brainwash people to think that this is possible.
Don’t you think if you really could make a million dollars overnight that everyone would be doing it? Come on get real people.
Is It Possible To Earn A Million Dollars Online?
Absolutely, but you need to keep in mind that this could take up to 10 years to achieve this depending on how hard you work at it. This is currently 1 of my goals as I’m writing this post and it’s totally possible for anyone to achieve this if they are willing to put in the blood, sweat, and tears to make it happen.
Earning a million dollars online is going to be a long term project and something that you will build up over time. This comes with a huge learning curve and it can be really confusing when you first start out. Like anything worthwhile, it comes with many challenges and struggles, but definitely worth it in the long run.
Myth #2- Any MMO (Make Money Online)Program That Requires You To Pay For Is A Scam- This myth has been around for a while and I have heard several people tell me this. I have actually been on both sides of this and I can relate to those people who believe this to be true.
I would say that close to 95% of the MMO programs out there are complete garbage and nothing more than a big fat scam. However, there are some programs out there that offer lots of value and is actually worth paying for. Why do people think this way? It could be many reasons why they think this way.
Here Are A Couple Of Possible Reasons Listed Below:
- They have got ripped off from several MMO Programs in the past and think that everything out there is a scam
- They simply didn’t have the time or patients to make it work and they gave up right before they saw any results
- They don’t have an entrepreneur mindset and are thinking like the typical person who thinks you shouldn’t have to pay for a job.
I have solid proof that there still are some legit programs online that are worth paying for that are NOT a scam. One of these programs has been paying me a 4 figure income each month with this figure constantly rising. You do need to be careful when getting involved with any MMO program because nowadays, you don’t know who to trust and most companies will drain your bank account and leave you empty handed wanting more information.
Myth #3- You Need To Be A Computer Genius To Build An Online Business- Whenever people ask me what I do for a living and I tell them I build websites, they usually say, you must have to be a computer wiz or go to college for that kind of a job. I tell them, not at all.
I’m not the smartest person when it comes to computers, websites, or any of that technical stuff and I managed to learn how everything works and make a really decent living from it in the 2 and a half years I have been doing this.
You don’t need to go to college or be an einstein to learn how to build an online business. You simply need to have a desire to learn a new skill and be willing to put in the hard work. You also need to have the right training program and think long term.
More than likely when someone tells you this, it’s code for “I’m too lazy to learn this stuff or don’t have time”
I’m living proof that you can do anything that you set your mind too and follow through with a plan of action. This myth is nothing more than people thinking negative and is not true.
Myth#4- Building An Online Business Takes Too Much Time- When you first start out online you could end up spending up to 12-14 hours daily trying to learn everything, write content, and learn how SEO works.
Some people don’t have that much time to invest at the start due to them holding down a full time job and having to take care of their children. The thing that I like about this business is that you are in complete control. If you only have a few hours a day to invest that’s fine.
If you can invest more time, then that’s even better. You will get out of this what you put into it and there are NO required number of hours you need to spend daily to make money with this. I admit that building an online business can be very time consuming, but definitely worth it in the long run as your income potential is unlimited.
Personally, when I first started online, I was putting in 12-14 hr days and sometimes more than that. I had a good reason for that due to the fact that I was unemployed at the time and I had to make this work for me if I didn’t want to end up out on the street.
It all depends on your personal financial situation at the time and how bad you need it to work for you that defines how much time and effort you put into it.
After your business gets established and you really get things flowing it won’t demand as much of your time as it did when you first started building it. I would say 3 to 4 hrs a day once you reach this point. This is another myth that comes from people thinking with a negative mindset and failing to see the big picture.
Myth-#5 You Need Money To Make Money- This myth has been around for decades and this is true up to a certain extent. If you were to start a brick and mortar business in the real world you could end up spending 10’s of thousands of dollars on hiring employees, paying rent, and advertising fees.
Starting a business online on the other hand is completely different. Obviously you will want to invest in your business once you get it going and look for ways to grow it and gain more exposure. When you first start out though, you will need little to no money to get started.
There are actually places that will let you Get Started For Free and test drive their services before you make any financial commitments. You should take this myth with a grain of salt and don’t let it affect your decision to make money online.
My Personal Thoughts
The majority of the myths that I listed above are purely based on having the wrong mindset, a negative experience with another MMO product or service, or simply being uneducated about online marketing in general.
When it comes to online marketing and building an online business you should keep an open mind about it and take any myths you hear with a grain of salt.
There are over 2 billion people online each and everyday searching, researching, and spending their hard earned money online. All you have to do is provide them with a solution to their problem and answer their search queries.
The company responsible for all of my success online is Wealthy Affiliate. I was able to quit my job and triple my salary all in a little over a year all thanks to their awesome training. I really hope this post has helped you out and has given you some insights into some of the most common myths in the online marketing world today.
Please feel free to leave your questions, comments, or any feedback you may have for me in the comments section below and I will get back to you right away.
Your Friend, Scott