Making Money Online Is Like…
Hi,
I scoot around the web looking for interesting posts, especially when I’m not feeling too energetic — having been down with a cold/flu for almost a week my energy levels are hitting bottom… but I still managed!
If you’re surfing the web, have you ever been over at John Chows Cows’ site? You should visit it, he posts some interesting stuff. One post that caught my eye is this - Making Money Online Is Like A Clogged Toilet. The post was actually written by a guest blogger.
One item from the post:
The point I want to make with this post is that the Making Money Online niche is saturated. So much so, it is like a clogged toilet. The same information and advice on how to make it rich, although it may be good, keeps circling the Internet toilet bowl.
I follow several MMO blogs and well over half the posts from those blogs are just re-packaged versions of the same stuff we always hear about. 10 ways to increase your blogs traffic. 7 ways to get more RSS subscribers, The top 5 ways to monetize your blog, etc, etc.
He mentions that the MMO niche is saturated. I agree, yet disagree…
Now according to an old Wired article from 2002:
In January alone, at least 41,000 people created new blogs using Blogger, and that number is always increasing, Williams said. Some have put the total number of weblogs at more than 500,000.
According to the Technorati State Of The Blogosphere - Q4 2006:
- The blogosphere is now 70 million weblogs wide
- About 120,000 new weblogs are created each day, or…
- 1.5 million posts per day
- 1.4 new blogs are created every second
- 17 posts are made every second
You can read the full report over at Dave Sifrys’ site. The report itself is in the public domain via Creative Commons for-attribution license so it can be reprinted anywhere provided you give credit. I’ve not reproduced it here since it’s pretty long.
So with so many new blogs being created out there - first off, how many are MMO related? That’s hard to say since there are no stats that I know of that track blogs to that level of detail, however it would be safe to say that between 60% and 80% of blogs are abandoned within months of being started for many reasons (that number is based on what I’ve been able to research on the Internet).
The primary reason will probably be loss of interest, expectations (quick money) not in-step with reality, too much work, got onto another MLM-type scheme - that last one was my own addition.
You can find a pretty decent article over at BlogHerald that discusses the bloggers own experience with blog abandonment.
Unfortunately the guest blogger does their best to dissuade you from starting a blog, or even trying to start a blog in the MMO niche. Should you take the advice and just stop? Well, that is entirely up to you.
James Brausch talks about the 2% of people that take action and the 98% of people that sit on the sidelines. Where would you like to be? Do you know this saying “It is better to have loved, and lost than to never have loved at all” - put into business terms why not try? Give it your 110%? If you don’t try then you will never know, right?
Set-up checkpoints for yourself - say every 3-months and see where you are at. Has your traffic grown over that time? Are you gaining attention by posting on other blogs? Are you participating and encouraging participation on your blog? Are you providing quality information, or has it been repackaged?
What checkpoints you set depend entirely on what your goals are.
But I will tell you this - if you are expecting to make $10,000 (insert ANY figure) as soon as you start, you are in for a rude awakening. It doesn’t work that way. There are exceptional cases (check out Alan Johnsons’ blog The Rating Blog) - however even in those cases the bloggers worked damn hard to get where they are. There are actually two posts that I would suggest you pay attention to on Alans’ site:
My argument is if John Cow, John Chow, James Brausch, Richard Lee, Jack Keifer, Aaron Brandon — and a host of others gave up by being told “the MMO niche is over saturated” — where would they be today? Would you even be reading about them? Probably not.
You need to Set Yourself Apart For Long Term Survival, so regardless of anyone saying that Making Money Online Is Like A Clogged Toilet you will have done your homework and have prepared yourself for the best (and for the worst).
Where are you going to be 3-months, 6-months or a year from now? Are you going to be kicking yourself because you DID NOT take action? Or will you be happy that you took action and set-up a plan for yourself and are either making it (depending on what your definition of making it is) or had atleast tried?
We all learn from our mistakes; however the only way to make a mistake is to try.
Regards,
Mohamed
P.S. The image above is from the website http://www.noveltp.com/gallery/ that has some rather, interesting, pictures. :-) The choice was either something clean, or a real clogged toilet - something that was a little too graphic for me!! 
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I have to agree with you on the blog post about MMO. It seams that everyone and their uncle is always trying to come up with some new fangled way to make money online these days, but like you had mentioned, they’re just repackaged stuff. It really isn’t all that new.
One of the things that I hate the most is those MLM opportunities that everyone is promoting these days. Every time I read the word upline, downline, matrix, or whatever is related to MLM, I run like it is the plague.
I have been working in Internet marketing for quite some time now, and I have been working on a rather interesting project called Ebook By Blog. This is an executable ebook that utilizes the power of the blog to make up the entirre ebook itself.
You can check it out at the following address below.
Click Here To Get Ebook By Blog
What people have to realize is that it takes action in order to make a business work online. That’s why 95 percent of online marketers faile these days. They fail because they don’t take action, and they expect to make the huge sums of money that they were promised in a month or so.
It doesn’t work that way. It takes a lot of time to build a business, and that includes an online one. You see, that’s what people seam to forget that working online is a real business.
They don’t realize that like a brick and morter business, they ahve to put a lot of muscle into it and make it work. There are things that they have to do and there are things that they have to learn.
As an Internet marketer myself, it really frustrates me to no end to see people just give up. However, I fully understand why they give up. They give up because they want it fast, and it is not working for them that way.
Well, all I can say to those folks is; welcome to the real world. You ahve to do something in order to ahve a business online. You have to communicate with people, develop a web presence, develop products and services and so on. It doesn’t come easy.
It is truly amazing to see so many people just give up on Internet marketing just because they didn’t make their fortunes in a few months or so. It is also amazing to see that people really believe that they’re going to make that kind of money in that short period of time without much experience at running and managing an online business.
I hear it all the time, stuff like, you don’t need a web site, you don’t need a product, and you don’t need to contact anyone but you can become fabulously wealthy online. You know, all that bogus junk.
none of that stuff works and all they’re after is your money. The ones touting that stuff are the ones laughing all the way to the bank, not you.
However, I am not like that. I am not that kind of marketer. That’s why I am offering people the Ebook By Blog ebook because it is a complete Internet marketing education that they can get for free.
I sincerely hope that everyone who visits this blog goes and checks it out and see for themselves what they have been missing for so long.
Ebook By Blog is truly a great resource for beginners, as well as well-seasoned marketers. The best part is; is that there is absolutely no hype inside Ebook By Blog, and there never will be either. I constantly update the material in the book almost on a daily basis, and it is truly a labor of love.
I love marketing online, and I love dealing with people. People are my specialty, and I love to teach them and give them knowledge that will help them with their businesses online.