Money
Proven 50+ Ways to Not to Make Money Online | How not to Make Money?
A lot of people will search for the easiest ways to make money without having a skill set. But they fail to earn money at times. By checking the given top 50 ways how not to make money, you can know mistakes, bad ideas. Go through these methods and find the difference between what you have to do, what not to generate income online.
Most people may consider making money online as their second income. When you raise a question how many ways can you not make money online? you have to find the answers to a bunch of questions. First of all, know are the parameters to make money online i.e do you have a product or service, can you create a customer, are you spending time on profitable activities. So learn some business skills, other useful skills to start making money online.
- Top 10 Ways How Not to Make Money 2022?
- Lack the Skills and Psychology
- Don’t Start a Business
- Fail to Create a Customer
- Don’t Consider Customer Opinions
- Dive Into a Niche without a Market
- Don’t Learn SEO
- Execute without a Strategy
- Chase One Get Rich Quick Scheme After Another
- Follow Your Passion
- Hope Your Hobby Pays Off
- Other Simple Ways to Not to Make Money
- Books to Learn To Make Money Online
- Conclusion
Top 10 Ways How Not to Make Money 2022?
At first, learn how not to make money if you want to make money online. The proven methods list is given here. By using any of these simple techniques you can know the tricks to make money easily.
Lack the Skills and Psychology
According to the famous philanthropist Tony Robbins, what holds people back to earn money is the lack of skills or strategy. If you have skills & strategy, then a lack of psychology leads to your failure. Psychology includes making better data-driven decisions, limiting beliefs, failure to pay concentration on what you are working on, lack of mental toughness, and getting emotionally wrapped up in things. If you overcome all these skills and psychology related issues, then you can easily start making money online through business or job.
Don’t Start a Business
If you really don’t want to earn a lot of money online, this idea works well. A blog is not a business. Just you have to gather information on what to sell? If you found no answer, then it is a good choice to don’t have a business. Websites don’t make money, businesses make money.
Fail to Create a Customer
Another great way not to make money online is to fail to create a customer. Educator Peter Drucker educated that “the only purpose of business is to create a customer.” If you fail to create a customer, means you don’t have a business. If you don’t have a business, it’s unlikely you will make a living off the internet.
If you don’t know who you want to serve, then you might create customers you don’t require.
Don’t Consider Customer Opinions
To get popular in your business, take suggestions and comments from the customers and try to implement them. But, do you know what people really want? Have you ever used any customer research or information markets to find? Customer research and knowing customer’s pains, needs and desired outcomes can be marketing strategies to earn money from the business.
Do you have empathy for your customers? If yes, then you have high values insight. Otherwise, you are probably off to a great start in never making money in a significant way.
Also, Check: Real Ways to Make Money from Home
Dive Into a Niche without a Market
Every market has a niche, but every niche does not have a market. This is another popular way how not to make money. If you go on research on a niche that does make a dime or no market, you can get a niche that has a market and makes money by accident.
During the niche research, you have to observe what type of products and services are people already spending money on that niche, do you have a way to differentiate, and does it adds strengths and abilities. You can start a blog or website with a domain name that you thought was catchy. What you don’t think about is whether it’s in a niche with a market or not.
Don’t Learn SEO
When you search for something on the internet, how many times do you click past the first page of the search results? There are three main patterns of messing up here:
- Competing where you’ll never win, or it will be a perpetual uphill battle
- Optimizing for traffic that’s browsing, not buying (so you never find “the search phrase that pays.”)
- Gaming it in ways that penalize you big time and lay waste to your efforts
Execute without a Strategy
One of the top ways how not to make money online is to skip your strategy. A strategy is a plan of action that is designed to achieve long terms goals. In a business or job, just go for your thoughts without executing a strategy. Sometimes strategy is a neglected piece of the process unless you realize that none of your approaches is working pretty. The strategy was not a piece of a puzzle it is how you put the puzzle in the best place.
Do Find: Top ways to make money online with Google
Chase One Get Rich Quick Scheme After Another
There is a saying, “If something looks too good to be true, it probably is.” This is a proven practice to continuously avoid making money. If you want money for nothing, and checks for free, then you are looking for magic. You can get rich slowly by following some programs and learning skills.
Always it is better to go back to the basics and start earning to get rich slowly. Have a look at a few checkpoint questions like who is the customer, what are the products and services people are paying, what unique value you are offering, and many more.
Follow Your Passion
Follow your passion so that money will follow you. There is money in the niche and if you are good at what you do, then someday you will actually get paid for the work. Passion comes after you put in the hard work to become an expert at something valuable.
Hope Your Hobby Pays Off
If your hobby has a market, and if you sell your hobby so that people are interested to pay, then you are in business. Try to monetize your hobby as it is convenient, then not only you can make money, but you can even kill your passion for the hobby. In some cases, we stop liking what we do when we get paid for it.
Also, Refer: Best Business Ideas to Make Money
Other Simple Ways to Not to Make Money
The remaining proven methods on how not to make money from Google are as follows.
- Don’t Have a Business Model
- Compete Where You Don’t Stand a Chance
- Don’t Know Your Customer’s Pains, Needs, and Desired Outcomes
- Don’t Test Your Business Idea
- Build It, and They Will Come
- Look Like a Fly-by-Night Shop
- Don’t Learn the Ways to Monetize
- Avoid Building Brand
- Don’t Learn Social Media
- Use the Wrong Mentors, Models, and Maps to Learn From
- Follow the Money
- Do It for the Money
- Dabble In It
- Don’t Love What You Do
- Fail to Build a Tribe of Raving Fans
- Don’t Create a Customer List
- Execute without a Plan
- Fail to Execute
- Don’t Get Educated
- Ask All the Wrong Questions
- Fail to Create Extreme Value
- Don’t Capture the Value
- Take More Than You Give
- Be Boring
- Don’t Pay Attention to Awareness, Usage, and Satisfaction
- Be a Commodity
- Don’t Build Trust
- Don’t Innovate in Your Process and Product
- Spend More Time on Tangents and Distractions
- Don’t Spend Enough Time on Income Generating Activities
- Get Disrupted
- Don’t Partner
- Don’t Grow Your Traffic
- Monetize Your Traffic Before You Have Any
- Work Harder
- Don’t Build a Platform
- Fail to Scale
- Do the Same Thing Everybody Else Does
- Lose Sight of the Customer
- Do Something You’re No Good At
- Don’t Diversify
Books to Learn To Make Money Online
There are great sources that are helpful to build confidence in you to start a business.
- Success Secrets of the Online Marketing Superstars, by Mitch Meyerson
- Platform: Get Noticed in a Noisy World, by Michael Hyatt
- How I Made My First Million on the Internet, by Ewen Chia
- Instant Income: Strategies That Bring in the Cash, by Janet Switzer
- APE: Author, Publisher, Entrepreneur-How to Publish a Book, by Guy Kawasaki
- ProBlogger: Secrets for Blogging Your Way to a Six-Figure Income, by Darren Rose and Chris Garrett
- How to Write & Sell Simple Information for Fun and Profit: Your Guide to Writing and Publishing Books, E-
- Books, Articles, Special Reports, Audio Programs, DVDs, and Other How-To Content, by Robert W. Bly
- Get Known Before The Book Deal: Use Your Personal Strengths To Grow An Author Platform, by Christina Katz
- The Six Figure Second Income, by David Lindahl
- Make Money Online: Roadmap of a Dot Com Mogul, by John Chow and Michael Kwan
- How Not To Make Money: A Novel Book by Raj Kundra
Conclusion
We are hoping that the information provided here on this page regarding how not to make money is useful for your business growth. If you have any queries do reach us so that we can get back to you.
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