online business mythsI have to admit that I am outraged by the stupidity and cowardice of some people. I mean there are guys that don’t have a job, don’t have any income, but they still manage to spend hundreds of dollars on useless crap, and when you think about it, a few hundred dollars is more than enough of money to start your online business with hosting, auto responders and some SEO included. I mean I can start a blog that will make me money for just $10, which is how much a domain costs, and they are making stupid excuses out of fear or laziness or I don’t know which reason. So here are top 10 excuses that people make when the idea of running their own business is presented and my thoughts on each one of them and why all of them are myths, meaning, they have no excuse, these people are too afraid for no good reason and they end up lying to themselves and withholding some profit, again, from themselves.

Myth or Excuse Number 1 – I’m Not Smart Enough to Run My Own Business

lightbulb ideaAlthough this may not be an excuse but an effect of low self esteem that comes from various reasons, it is still not a good excuse, as I am 100% positive that there is no such thing as a dumb person when it comes to having an online business. All you need is a will to learn and work, if you have those two you can grow your online business. The simplicity of making money online escapes most, they go for Adsense but there is not much money there, maybe you can pay for your hosting. Affiliate income can get you some solid profits, but in the end, if you create your own info product, assuming that you don’t have anything other to sell, you can make solid amounts of money on your own accord.

Myth or Excuse Number 2 – I Don’t Have the Time to Run a Business

running out of timeWell, if you are working two jobs at once to make ends meet, then this may really be impossible for you, but if you have a regular job or no job at all you are only lying to yourself with that statement. You can achieve everything with just 3-4 hours a day, maybe less for some, but 3 hours a day to grow your business is nothing, you probably waste 3 hours of your day anyway, I know I waste an hour or two for sure. The bottom line is, if you want something you will make time for it.

Myth or Excuse Number 3 – I Don’t Have the Funds To Start My Own Business

piggy bankThis is the one that really pisses me off. A domain costs $10 max, you can get a hosting for as low as $50 a year and if you want to take your online business to a prestige level you can get an auto responder that will cost you around $20 a month. So basically you will need $60 to start your online business; and if you want to go big you will need about $25 a month or $300 a year, which is nothing, what other business can you start with $25 a month?

Myth or Excuse Number 4 – I Don’t Have Any Special Skills

Thief-Goat-With-Special-SkillsDid you read somewhere that you need to have some skills? Internet offers everything if you just do a search and read something for 5 minutes. If you find a topic and read up on it you will know more than the average person, and in a matter of weeks you can become an expert on almost any topic there is. Again, not a good excuse, I don’t care if it’s ignorance that runs this one, people that want something go for it, I hate lazy bums that sit on their couch filling out capture pages with titles “make money from home for free” hoping that they will earn something without doing anything, it’s not how it works!

Myth or Excuse Number 5 – I Don’t Have Anything to Sell & Offer

no_image_availableYou don’t need to have a product right away, in fact you may never need a product of your own, although I would suggest that you eventually create your own product. For starters you can sign up as an affiliate and promote products for commission, that is a great way to earn money and learn about a certain niche, and then you can eventually develop your own product.

Myth or Excuse Number 6 – I Can’t Succeed, I Have Competition

competitionBu-huu, so what? If you had an original idea you would already be a millionaire, but there are thousands of people making solid living competing against each other. There are low chances that you will be the first one to start a niche, but you don’t have to be. If a niche is having a great number of people working on it, it means that it is successful, it sells. So find your piece of that niche and try to do a better job than the rest in your niche, try to offer a different angle and you can blast any competition that comes your way.

Myth or Excuse Number 7 – The Only Way to Make Money is By Telling People How to Make Money

make-money-onlineWell, this is partially true, this is a hot niche and there are thousands of people getting rich telling other how to make money online. But this is a perfect example of an excuse made up by lazy people not to work. The fact is that telling people how to make money doesn’t even account to 1% of money making niches online, so believe me when I say it, there are plenty of niches for you to explore and profit from them.

Myth or Excuse Number 8 – I Tried and Failed Several Times, I’m not cut Out For Online Business

fail try againWell, this is the one I can’t demolish, I agree, some people just can’t handle the competition or lack the concentration needed to do their research, but the fact that you tried shows that you have the guts to go for it, so try something else. Maybe what was wrong is that you were trying in the wrong niche, or the fact that you were promoting other people’s products, while you were supposed to market your own business, your own product from the start.

Myth or Excuse Number 9 – It’s Not Worth It, I Need to be Number 1 in Google and That is Impossible

1st place in googleFirst of all it is not impossible to be number 1 in Google; it all depends on your niche. Well, maybe for your niche it is impossible, but there are always variables, you can always go for long tail keywords, which is a smart move. The fact is that you don’t need to be number one in Google to make a solid income online. There are dozens of different strategies that work much better for an online business than getting your website to the top ranks. There are literally ways and ways to drive targeted traffic that converts to your website without having a top rank in Google, although it is useful, it is not necessary if you know how to market.

Myth or Excuse Number 10 – I Don’t Have Funds for Advertising So I Can’t Get My Business off the Ground

money-target-sell-advertisingWrong, this may be true for a brick and mortar business, 10 years ago, but it’s not even remotely true for online business models. You can market and advertise your website in hundreds of free ways or some that are really cheap, no need for high advertising budget. You can have a great free advertising promotion if you use your head and do some manual labor by submitting to press release sites and doing some targeted article marketing, not to mention networking, SMO and other internet marketing strategies that you will learn along the way.

Online Business Myths
So there you have it, 10 stupid excuses people make not to start a business or why they quit their online business. I for one make money online from several business models, by offering my SEO services, by acting as a medium for outsourcing, through my own info products and eBooks, through private label reseller products, through affiliate marketing and of course Adsense. I probably missed something, but being in online business for as long as I have, and I just turned 27, makes everything possible. Trust me when I say this, anyone can make money online, the only thing needed is the will to learn and to work.