One big reason why most people fail at online marketing is because of paralysis by analysis.
I used to see this all the time when I taught people how to wholesale Real Estate which is a form of Real Estate Investing.
When first starting out in any new venture you must educate yourself by reading as much free content about your niche as possible.
One way to get good free information is sign up for a few email lists of influencers in your niche.
Another good way to learn without spending money is to join a few Facebook Groups and a few forums that are niche specific.
The problem with the free route is the people that are giving away this information always seem to leave a few pieces of the puzzle out.
This is by design so eventually you need to pay them for “the rest of the story”.
That’s all cool because they need to be paid for their knowledge and for all the hard work they’ve put in to learn this stuff.
The issue is new people to the online space tend to buy too many products and go into debt before they make a dime on the internet.
The thinking is that they are brand new and are too green to start their business.
I’m going to let you in on a little secret… are you ready?
It’s Simple… IMPLEMENT the material you’ve already learned!!!
Chances are you know way more about online marketing than you think you know.
I speak from experience, my first mentor in Real Estate Investing sold me his books and tapes and said call me when you have questions or get stuck.
After reading through the material and listening to his tapes I called him and said Larry…I’m stuck.
He says ok Joe, how many times did you read through the material?
I said 3 times, ok how many times did you listen to the tape recordings?
I replied 3 times and I haven’t made any money yet.
He said how many offers did you make on properties?
He laughed and said, “Joe I never bought a house I didn’t make an offer on.
In other words, implement the stuff you learned from me then call me with your questions.
Looking back, it sounds like I was the “Village Idiot”, but I kept grinding and bought many properties over the years, made plenty of cash and even taught others eventually.
So, guys learn from my mistakes and just keep implementing what you know and learning as you go…
One other piece of advice… a $10.00 report that claims they’ll reveal the secret to just pushing a button to make a truck load of money is not going to happen.
There may be a few good nuggets you can implement, but you’re not going to get rich by implementing the strategies from a $10 report… it’s going to cost you more time and money than that.
I’ve bought my share…but shhhh don’t tell anybody.
Listen, I’m not here to rain on your parade or be a negative Ned…
All I’m saying is to manage your expectations, implement what you already know and allow yourself to make mistakes.
Anyway, I’m done ranting and I hope I’ve saved some of you a few bucks and maybe inspired a few of you also.
Let me know your take in the comments below.