While it can be easier to learn from your OWN mistakes (because you learn your lesson well) it can also be a darn sight more painful and costly! It’s much more sensible to learn from someone else’s – let them have the hassle!
With this in mind, today I’m going to share with you my biggest online mistake. My business has already suffered as a result of this – don’t let yours.
As I’m sure you know by now, you can make money online in many different ways. One of the first big decisions to make is just how YOU are going to make money. I reckon I wasted over 6 months signing up to every online marketer’s list just to get their take on how to make money – yet I don’t count that as my biggest mistake. To be honest, I don’t think it was a mistake at all. I believe I benefited from immersing myself totally in the subject, and from it I decided I would make money by creating and marketing my own product.
The decision to do this wasn’t in itself my biggest mistake, but it led to it.
There’s nothing wrong with creating your own product if there’s a ready demand for it. In fact, most marketers recommend producing your own products – bigger profits when you sell them yourself, and you can make them available to affiliates so that they too can promote them.
However, when you START OUT by creating your own product, there can be just too many challenges and if you make the project too ambititious, as I did, then every challenge can take an age to overcome. Add to the mix that it is YOUR own baby and you can get very proud and possessive over it. Before you know it, ALL your online activity is focussed on just one product.
THAT was my biggest mistake.
No matter how good any product is, selling just one will not give you a realistic online income. And if that first product does not come to market quickly, then more months will pass as you earn ZILCH!
So, what have I learned from this?
- create your own products LATER, rather than sooner
- start with the aim of getting multiple streams of income up and running as soon as you can
- promote affiliate products first
- when you’ve found a successful system, replicate it over and over again with other products
Now just as you can learn from others’ mistakes, you can also learn other people’s systems. I’m always investing in new products with the aim of improving my online business; I’m especially interested in new SYSTEMS to make money, but I have to say, not all products live up to expectations and I’ll never promote them to you.
So when I bring a product to your attention, you can be sure that I’ve:
- bought it
- used it
- consider it good value for money
Below, I’m going to give you a link to the latest product I bought some two weeks ago. It contains not one, but two, systems for making money QUICKLY online; furthermore, one of those systems can be easily replicated over and over again with multiple products.
In short, it’s got everything I wish I’d started with; and it might be just what you’re looking for.
