5 “Secrets” To Failing Online

why people fail online

I’ve been talking about how to succeed online all the time. Today let’s have a change of appetite shall we? Let’s talk about why people fail online – more specifically the 5 “secrets” to failing online.

There are a few ways how you can go about to fail online:

1. Buy Information Products All The Time

This is a biggie. Every day there are new info products being launched in the internet marketing space, each promising you the next big thing and selling you hope and dreams (that almost everyone can’t achieve).

They tell you how awesome their product is and all the only thing you need in the world is to get your hands on their product and you’ll be as successful as they are.

(Funny thing though when they said this and the very next day you get another email from the same product owner asking you to buy his friend’s awesome guide…)

How many times have you seen headlines like this:

“How to make $30,000/month from Clickbank in 2 weeks from now working only 2 hours per day”

Fact is, a lot of times they don’t tell you the whole story. Okay, so the product owner has managed to earn $30,000/month and he’s showing you how to do exactly the same. However he doesn’t mention his background, the learning curve he has to go through, the advertising expenses he has to pay, how long it took him to be where he is today (so much so that he only needs to work 2 hours per day to earn $30,000/month).

He may reveal some of this inside his guide – which is why he is saying you need to get it so that you don’t need to experience the same painful learning curve. While it’s true that learning from the mistakes and experience of others will help you succeed faster, it’s HIGHLY UNLIKELY that you are going to make $30,000 from Clickbank per month in 2 weeks from now working only 2 hours per day!

Coming back to the topic at hand, if you buy information products all the time, when are you going to have the time to implement what you have learned?

I call this NALO (no action learn only).

Learning isn’t going to make you money. Getting things done is the key to making you money.

(…and you still ask why people fail online?)

Make a commitment to yourself that the next time you are tempted to buy a new info product, ask yourself if you have implemented at least ONE technique from the last info product you bought. If you haven’t then don’t buy again because it’s a waste of your time and money and doesn’t contribute to your bottom line.

If you want to fail online though, then be sure to buy every info product that comes your way. This way you’re guaranteed to fail.

2. Don’t Treat It As A Real Business

You want to “try” this online business thing and see how it works out for you.

The thing is, if you just “try”, you most likely will fail.

I’m sorry but the “try” mentality is just not strong enough to propel you to success in this game. This is a highly competitive and tough industry to be in. If you just try, you are only going to give 50% of your efforts.

If you put in good efforts, you’ll only achieve mediocre results.

If you put in great efforts, you’ll only achieve good results.

If you put it excellent efforts, you’ll only achieve great results.

Instead of just “trying”, you need to give it your BEST shot!

Of course, if you want to fail online, then go ahead and give only 50% of your efforts.

3. Stingy (also known as Total Freebie Finder)

The third reason why people fail online is because of the stingy factor.

There are a lot of people who want to succeed in this business yet they don’t want to invest any kind of money.

By “investing” I’m not talking thousands or tens of thousands of dollars. I’m talking about a few dollars, or sometimes a few hundred dollars.

Man… where else can you start a business with only a few hundred dollars other than doing it online?

Yes I’m talking about people who don’t want to pay for hosting fees (as low as $10/month for unlimited domains), people who don’t want to buy domains (as low as $10/year), people who don’t want to use autoresponder services for their list building efforts (as low as $20/month).

By the way the 3 things I’ve just mentioned is ABSOLUTELY COMPULSORY if you want to run a real, profitable, and sustainable business. NO exceptions!!!

You have money to spend on movies and dining out, but you don’t have money to invest in your online business? Then don’t build your business in the first place. It’ll save you tons of hurdles and disappointments.

Please be stingy if you want to fail online… this I can confidently guarantee.

4. Expect Instant Results

Those who expect instant results are no doubt going to be utterly disappointed when they can’t achieve success overnight.

After all, the info product they’ve just purchased claimed that they can achieve financial freedom in 2 weeks by working only 2 hours per day. They’ve already worked 16 hours per day and it’s been 3 weeks – how come they haven’t made a single penny yet?

If you expect instant results, then you’re on the right path to fail online.

5. BEJ

BEJ stands for blame, excuse, and justification, as I’ve previously briefly talked about them in this keeping a positive attitude post.

People who blame other people for their own failures, and people who always find excuses to justify (in a wrong and irresponsible way, and most of the time it’s not because of them but rather because of other people or factors) why they haven’t succeeded yet – will NEVER EVER going to succeed their whole life!

So if you want to keep failing, go ahead and continue to play the blame game. Go ahead and continue to find excuses to justify your failures.

The above are 5 “secrets” why people fail online. If you want to fail online, be sure to go ahead and follow them on a step-by-step basis…

14 Responses to “5 “Secrets” To Failing Online”

  • John on September 5, 2011

    “I call this NALO (no action learn only).”

    The number of people suffering from NALO in this industry is so huge, many gurus are thriving selling information to this group alone.

    The reason may be information overload and the get rich quick attitude.

    It’s real easy to fall into this trap and I feel you have nailed it on the head on how to overcome it too.

    Good job!

  • Sabrina on July 18, 2011

    I agree that you should not expect instant result for your online business. There’s no overnight success here. You must work hard and concentrate on your goal to succeed.

  • Eva on February 8, 2011

    Hey Welly – you’re so right with everything you say in your article. There is no such thing as over night success in business. An online business is just the same as any busines – it requires ‘real’work to make it happen. I kinda learnt a few things the hard way when I started out – bought into a few ‘get-rich-quick’schemes before I figured out theres no such thing – and put into practice a proper business strategy and proper business methodology. Yes there is a lot of money to be made online and applying the correct approach to managing an online business will mean getting a good share of it.
    Cheers
    Eva

  • Jamie Northrup on October 13, 2010

    I definitely agree with your 2nd point, people that don’t treat online business like a real business don’t tend to last too long.

  • Karen Mae Farro on October 5, 2010

    Failing should not be a treat to all of us… We should see it as a challenge and as a positive push for us to go on and do our best to succeed. There is nothing wrong with failing. What is important is that we learn to get up and do better next time.

  • Robert on September 23, 2010

    Hi Welly,

    I learned long ago that there are no magic buttons to push for overnight wealth. It is unfortunate that so many people get caught up in all the hype and buy into those products promising to stuff your pockets with instant cash.

    No matter what business you’re in, whether it’s online or offline, if you want to succeed, be prepared to work hard, be dedicated, be persistent, be patient and take action when necessary.

    To your continued success!

  • Udegbunam Chukwudi on September 21, 2010

    While I do agree with you that being stingy could cost you your success online, I’m still worried about spending money anyhow when it’s evident that I’m yet to make any to offset that expense. Stuff like domain name and hosting are a TOTAL must for me but I ain’t so comfortable paying someone $20/month when I ain’t making enough money online to offset the “loss”.

    • Welly on September 21, 2010

      I feel you because I’ve been in your situation before a few years back when I just got started.

      The thing to consider is this. Are you spending $20 to dine out, to socialize and have fun (that has nothing to do with your business)?

      If yes, then you’re viewing these activities more important than building your business (a list is one of the most important assets in your business).

      If no and you’re still having trouble coming up with $20/month, then I’m sorry to be blunt but it’s very hard for you to make big bucks.

      • Udegbunam Chukwudi on September 21, 2010

        lol. I get the message man. We’ve all got to sacrifice some of our daily pleasures for our business to thrive ;-)

  • igor Griffiths on September 15, 2010

    Hi Welly

    Good article and covers all of the stages that I have been through.

    No one is really going to give you a wholly automated business to run, They can’t, a major part of business is your personality.

    They maybe making $3000 per month but part of the reason for this is their relationship with the traffic to the offer and this takes time to develop and cannot be packaged into a PDF.

    Build your own world in your own style, use their tactics but personalise everything that you do. This will allow you to make progress in your own way.

  • Jared Detroit on September 14, 2010

    You find a lot of people that expect instant results in a lot of industries. I come from a real estate background and it’s the same thing. I’ve talked to multiple people that have spent $50,000 on educational materials but haven’t done anything.

    There is always going to be a new technique, a new trick, and a new way to make money. What people need to do is pick one thing and learn how to do it really well, make money at it, then expand. You’ve put together a great post here to show that.

  • Hiram Goicochea on September 14, 2010

    Dear Welly M.,

    Excellent article. The truth is in the results and you have hit five great points on why people fail online. I purchased more programs that are collecting dust on my hard drive than I know what to do with. Many of the programs become obsolete if they are not used within a certain time period. Experience accounts for some success in any business and these headlines make it appear as if all you have to do is wish it and your dreams will come true. I no longer buy into the hype of overnight success and I have curbed my buying even though some programs are so inviting. Thanks for the article and I will pass the advice along.
    Success,
    Hiram G. Wealth

  • Jacky Chan on September 14, 2010

    Welly Mulia,

    Thanks for the articles, and i am very happy because i discover that i do not have all the characteristic that you mentioned in the article. So, i believe in myself that i will success in one day later.

    Jacky

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