I have been making money online for more than 7 years now. I have seen many systems, business opportunities, products, and people come and go.
Some people who started at the same time as me either live comfortably like myself or quit and are now teaching English in Latin America.
The reason for my success is finding something that works and sticking to it, and the reason for many failures is that they believed in the lies they were told.
Most of the time, people who try to make money online have just lost their jobs and are desperate to make some kind of cash to survive. Scammers know this and use it to exploit many innocent people.
Guarantee to make you rich overnight
This is a lie; there is no such thing as overnight success. Most people who you see succeeding spend a lot of time failing and trying, learning, implementing, and finally succeeding. If you see someone offering you an overnight success run.
You cannot fail
This is another lie; there is nothing that has a failure rate of 0%. Actually, according to statistics, more than 90% of people who start an online business fail to make a single dollar online.
I know a lot of people who have quit over the years because they could not justify spending all the time online and making zero cash.
You will fail, but you need to learn from your failure and use that experience to improve, and this is how you will be successful.
Risk-free
Each online business has a risk; even if it costs you zero money to start it, there is a risk that you can lose money invested in buying training and tools, there is a risk that you can waste a lot of time and make zero cash, and there is a risk that someone can hack your blog, social media account, or business account and lose everything.
The risk is there; you just need to learn how to manage it and minimize the possibility of it happening.
You will be a millionaire in two weeks
Everyone I know wants to be a millionaire, but very few become millionaires in their lifetime. Yes, online business can make you a millionaire, but you will not do it in a week or even a year; it will take you time and effort to build the skills and assets that will make you a millionaire.
Anyone can succeed in this
This is another common lie; you see, the failure rate in online business is more than 90%. There is a higher possibility of people failing than succeeding.
Each product or business model has its advantages and disadvantages; each business model requires different skills and personalities.
What you need to do is assess your skills and personality and find a business model that suits you; do not start a YouTube channel if you don’t want to make videos, do not start a blog if you do not like writing, etc.
Those are the 5 most common lies sold to people looking to make money online. What lies have they ever told you? Let me know in the comment section below.
If you want to learn my favorite online business model, please check out the free webinar below.
