So you’ve gotten a successful campaign, but what now? What are the pitfalls you should now be keeping your eyes open for? Hopefully, by sharing some of my past hiccups, I can help you avoid the same costly mistakes!
Avoid Becoming Lazy!
One of the biggest mistakes I made when I first started becoming successful online was becoming lazy. It’s very easy once you start making some decent money online to become lazy which is why I think so many people fall prey to laziness! It always starts off so innocently with something simple like just skipping a blog post here, or not tuning your keywords just this one night, etc… but very quickly it becomes a nasty habit that you don’t even realize you’ve developed until it’s too late!
Laziness is by far the single most often culprit to online marketers failing and losing their business after working so hard to grow it. Once you start making some decent money from your online endevours it’s time to start putting in double the effort to make sure it continues growing!
Don’t Quit Your Day Job!
The second biggest mistake I see from time to time is new web entrepreneurs that start making some money and they decide that it’s time to quit their day job and work full time for themselves. While this is the ultimate goal, it’s very possible and again, easier than you think, to do this too soon! Quitting your job and working for yourself is something to be very proud of, but you need to make sure it’s the right time. I don’t believe there’s any magic number of how much you should be making before you quit your job, but I’d personally say you should at least be making double what you are from your day job.
Quit Your Day Job Already!
On the flip side of the last statement, I also see online business owners businesses start to take off and do well and instead of quitting their day job they continue to try to work both which only holds them back from growing their online business and thus stops growth dead in its tracks, whereas, if they’d just quit their day job they could easily triple or even quadruple their income almost overnight!
Again, this isn’t something that is necessarily an easy decision to make, but you need to quit sometime and you better start thinking if now is the time or not! I’m not encouraging anyone to quit their job if they’re not making enough to support themselves, but if you are and you are just holding onto your day job for security, you could really be hurting your business and yourself!
Don’t Buy a Crap Load of….well CRAP!
Making money is great, however, if you’re not careful you’ll quickly start spending all your hard earned money on senseless stuff that you don’t need to be spending it on when you’re first getting started. A new car, going out to dinner three times a week, or even that new computer that caught your eye at your local electronics store.
The bottom line is that while it’s great you’re making money and eventually you’ll be able to spend it, in the beginning, you need to reinvest that money back into your business. While it is possible to build a steady, long term business online, it doesn’t happen immediately, in fact, most often new online businesses are very up and down in terms of how much they are making a month. One month you may make 5k but the next you may only make 2k. You need to realize this and not increase your monthly spend and bills only to find out that your income has dropped a few months later and you can no longer afford the stuff or keep your business going.
Conclusion:
While all of the above may seem like stupid simple things that any moron could figure out, 50% of affiliates that start making a little money will lose it all because of one of those reasons! So instead of saying you would do any of the above, count on doing ALL of the above and start watching for it now that way when you don’t fall victim to these things you can come back to me and tell me how wrong I was and how you did it! I’ll be happy to hear it!
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January 20th, 2009







Know yourself, if you are not self-disciplined being self-employed may not be a good answer. You need to be self-motivated and discplined to be successful.
I have multiple source of income from my offline businesses. So, I have stopped my day work long time ago. Becoming lazy can kill all our opportunities and killing our existing source of income.
I have recently did a post on problems with work at home and most of my commentators give two options to stay clear:
- Discipline
- Take care of distraction
If we can master these two problems, then we can reach a new height every single day.
Amen, I got lazy about a year ago after I found that magic mix of Adwords campaigns. Well guess what, competitors aren’t lazy when you are in the lead and it doesn’t take long to land on your ass.
Thanks for the great reminder and more people need to see this.
Yeah alot of people think that once they start making some good money from this business that it’s cool to start “taking a break” but like you said your competitors aren’t and they’ll quickly take over your spots and enjoy the leads you use to get!
laziness is actually a sense of overconfidence which truly creeps in online marketeers for sure. After some time one feels.. hey.. this is easy. let me lie down for a while. And before you know you are snoring and your site is hurtling down.
Unless you see someone else speak about it you tend to think its a myth.
Good reminder
I just bought three domains after hearing you pimp the tax season on your radio show.
Still looking for some better campaigns. I found one at Blue Phoenix and one at Never Blue. Hope to have two of the three sites up by the end of the week with some decent traffic.
Copeac has a TaxBrain offer right now that has an 8 dollar payout! Check it out.