Most Dangerous Myths When Making Money Online: Part 1

bykeye

744 followers

Updated 9 years ago

Myth #1: You need a lot of time and years of experience

Reality: You don't need to spend a lot of time, you can spend just 15 to 30 minutes per day delegating to technical experts in the Philippines for $2 to $5 per hour. This means you have more time to do what you really want and you have control of when you want to work,

Myth #2: You need a big expensive team
Reality: You don't need a big expensive team when you eliminate unnecessary tasks and focus on the 20% that generates most of the results. This means you have more money for the things you'd rather spend on.

Myth #3: You need to have your own great product or service. If you don't you can't succeed online.
Reality: You don't need to develop your own product, you can leverage on OTHER people's products and reap 75% to 90% of the profits. This means you don't have to pressure yourself to be creative genius in coming with a new idea or product.

Myth #4: You need thousands upon thousands of backlinks to your website so you can get enough visitors to make money.
Reality: You don't need to build thousands of backlinks to get traffic to your site, you can rank in search engines with just a few well placed backlinks and drive traffic to your site. This means you save a lot of money from over investing in "long Term" search engine optimization that doesn't work after six months or years.

Myth #5: You need to spend HUNDREDS OF HOURS in training, trian and error and costly mistakes.
Reality: You don't have to spend hundreds of hours in training when you mimic a step by step formula - this means you don't have to undertsnad everything and this saves you fro getting overwhelmed.