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Top 5 Mistakes I Have Made While Trying to Make Money Online

By Edited Mar 18, 2014 1 3

It's far easier to make mistakes than it is to fly on your way to success without them. In the end, if you learned something from them then you can carry that with you and you may even be able to help others. I have learned a lot from my mistakes because I have made a whole book worth (at least). In fact, this was originally going to be the Top 10 Mistakes, but it was so long that I had to split it into two parts! You can learn from the mistakes that I made while trying to make money online so that you don't have to make them on your way to success. 

5. Avoiding Keyword Research Like It Had a Plague

I heard about keyword research years and years before I actually did it. I didn't want to do it because it seemed complicated, everyone seemed to have their own method or an expensive tool to use, and it seemed like it would push me away from a love of writing and into a money making monster. However, because I ignored it for ages I wrote hundreds (and hundreds) of articles around the Internet and had hit and miss success.

Lesson Learned: You can still writing on the topics that you want. Even if you don't want to do a lot of research, you really should take the time to do at least a little bit of research. The very least that you should do is to make sure that you are using keywords people are searching for. I wrote hundreds of good articles, but few used good keywords and simply by choosing keywords that have more monthly searches may have made a huge difference in my earnings.  

4. Limiting the Number of Baskets

When a revenue sharing site that I was writing for changed their rules, kept my articles, and stopped revenue sharing with me I decided that I wanted a lot of baskets making me money so that it didn't feel so painful when or if other sites were taken from me. I have several websites, but now a new concern has originated. With people getting their Google AdSense accounts banned and others getting their Amazon accounts banned, the whole basket thing takes on a new look. Not only do I want several sites, I also want to be getting revenue from several different companies. Currently most of my money comes from Google and Amazon. While I am lucky that I haven't had issues with either company and am working hard to keep it that way, there is always risk with any company we are making money with. 

Lesson Learned: Working on revenue sharing sites with more than one option is really good. InfoBarrel is a great example since it uses Google, Amazon, and Chitika. You can also find different ways to make money online such as selling eBooks, writing and selling your own info products, and finding other ad networks. You want to have a lot of different ways to make money, at least eventually.  

3. Not Being Productive Enough

This is a mistake I continue to make each day. It is amazing how much time I schedule for working on my Internet business and make money online goals that I manage to fluff away doing crap. It's easy to check email and even the forum is a great way to get sucked in doing something that isn't progressing my overall plans or goals.

Lesson Learned: You have to find ways not to distract yourself. Make it so that you can get more done in the time that you have rather than trying to find time where there isn't any. This makes it so that if you have only 15 minutes then you will be able to do it well. If you have 2 hours you can get even more done. However, this is a lot easier said than done.  

2. Not Working Through the Tough Days

There are days that are really tough. It's hard to believe that I am getting anywhere. In the past I have burnt myself out really bad. Usually I spend four to six months working really hard. I work until I type my keyboard to death (seriously, I am on the fifth keyboard in seven years). Then I can't talk myself into anything and I go eight months to a year without doing anything. I sit at my computer and tell myself to get some writing done and then I don't do any. One of the biggest mistakes that I have ever made and hopefully have gotten through is not pushing through on those hard days.

Lesson Learned: If you can only write 1 article a week and you do it every week for 52 weeks that's better then writing 3 articles a week for 4 months and then not being able to write for the rest of the year. If you can do more than one article a week then you should go at whatever pace works for you. That doesn't mean you shouldn't challenge yourself, but you should make sure that you aren't working so hard that there will come a day where you just don't want to do anything more for months or even years.  

1. Not Having a Clear Plan

Of all the mistakes I have made I think the worst one is that I haven't had a clear enough plan through most of it. I have never been a good organized person and it has really shown through. I want to get to the point where my online income meets what my husband makes at his full time job after we pay taxes. This is because we want him to be able to quit his job and start helping me. While that is the general plan, I haven't done the best of job planning it all out. This is one that I am still working on fixing.

Lesson Learned: Have a plan. Make sure that you pay attention to the details. You not only need to know what you want, but you need to know how you are planning on getting there. This something you may need to make changes to as you go along, but it will help you stay focused on your goals each step of the way.  

Five or even 10 mistakes can't really cover all of the mistakes that I have made. However, I am well on my way to meeting my goals and dreams and doing it while taking care of two small children at home. It's good news for those out there who are struggling with their motivation and trying to avoid these same mistakes. You can do it. It isn't always easy, but it can be done. 

You will have to work on it on a regular basis and sometimes that means daily basis. I didn't want to writing today at all, but have gotten two and a half articles (around 3,000 words) written today). I am still working on making better plans and avoiding distractions (except the kids, I haven't figured out how to turn them off for awhile so they are less distracting). You can do it too. 

If you are new here and would like to leave a comment or to start your path toward earning money with your writing then sign up here. I would be happy to help you along the way and you can add me as your friend so you can ask questions directly. You can write for InfoBarrel and make money. 



Apr 30, 2012 6:04pm
I hear you Aiden..done them all. One of the things I love about Infobarrel is the continuous learning curve (supported by a remarkable and helpful forum. It's also nice to be able to go back and fix your older articles. I try not to repeat my mistakes because I find I'm very capable of finding new ones.
Nice article.
Jul 18, 2012 4:22pm
Thank you I have goals also. Your article has reminded me of what you write about and has urged me to stay on track. Thank you very much I appreciate it.
Jul 19, 2012 12:04pm
I Think many of us reading this would say, yes I agree to everything- especially post panda and penguin when sites are hit for apparenty no reason- diversification seems to be the name of the game
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