Do you know what the #1 reason why most people fail to make money online is?
The #1 reason is indecision!
They can’t decide if internet marketing is for them. They are getting mixed messages from everywhere, messages like:
“You can make a million trading the stock market.”
“You can achieve financial freedom with MLM.”
“No, I believe I should be a true brick-and-mortar entrepreneur.” Internet marketing is not a career!”
One of the secrets of success is that everything else will fall into place when you make a decision. It’s one of the universe’s secrets, as important as the law of attraction.
The tricky part is making a decision.
Suppose you haven’t decided that you’re going to create a full-time income from internet marketing. In that case, I hope this article can help you make a decision today.
Let’s compare Internet marketing with stock trading, MLM, and brick-and-mortar businesses.
I’ve tried all three options and am qualified to share my knowledge with you.
Internet Marketing vs. Stock Trading
Stock trading is a form of wealth management. You should learn how to park your extra money in the stock market to get a better ROI (return on investment) than putting it in a fixed deposit.
However, trading the stock market full-time is only possible if packaged as a business, particularly an online business. If so, you’re back to the idea of internet marketing.
The truth is most stock trading experts make money teaching people how to trade stocks! They create courses, software, and books to teach people and make huge profits.
In stock trading, there is no such thing as a sure win. You are considered an expert if you consistently get a return of 50%.
But did you aware that you can get a 1000% ROI in internet marketing? For example, I can invest $200 to get freelancers to rewrite articles, create a website, and build links. In the years to come, this website will easily earn me more than $2000. That’s a return of more than 1000%!
My risk? The worst-case scenario is that I break even. These days, I hardly have a website that loses money. It’s a matter of time before I break even.
If you are interested in trading stocks, my advice is to spend more time building your online empire because you can get a better ROI at a lower risk.
Internet Marketing vs. MLM
The dream of MLM (multi-level marketing or network marketing) is that you can achieve time and financial freedom. This is the idea that most MLMers will try to sell you.
The actual value of MLM is mindset training. It all boils down to mindset. Good MLM companies have a good exercise that can instill the millionaire’s mindset in you. This is something internet marketing can hardly achieve.
Other than that, I can’t see any advantage over internet marketing.
If you talk about financial freedom, internet marketing can definitely give you financial freedom. Online income is definitely more passive than MLM income. In fact, you can have multiple streams of passive online income, which makes it more stable than just one source of passive income.
If you talk about time freedom, MLM can give you time release only after success. The process of team building, it’s hell! Your working hours are nights, Sundays, and public holidays. These are times when your family members are free, but you are not!
Internet marketing gives you time and freedom even before you are successful. You still have to work hard but choose when you want to work. You can work when everyone is sleeping. Or you can perform for an hour and play with your kids for the next hour. It’s all up to you.
Moreover, if you genuinely believe in the power of MLM, you should explore online MLM instead of old-school brick-and-mortar MLM. The traditional MLM could be a better use of time.
Internet Marketing vs. Traditional Business
Ever since I tasted the goodness of online marketing, I’ve never thought of doing brick-and-mortar business again!
I started running a traditional business, and it was a relief when I converted my entire business online. When I ran my offline business, my mind was about paying my rental, my staff’s salary, bringing in customers, etc. I hardly have time to think of business strategies and expansion.
But an online business is almost stress-free. When you are small, you work alone. There is no worry about office rental or staff costs. You spend most of your valuable time thinking about business strategies and how to expand your business, which is definitely more important than working hard to pay bills!
Another critical difference is that you need help finding people willing to show you how to make money in an offline business. But in online business, many people (in fact, too many) want to show you how they make money. Some may charge you, but you are talking about $47 or $97. That’s cheap!
I hope I’ve been impartial in my comparison. I’ve been on both sides of the equation, and I hope my experience can help you make a better decision.
Remember, regardless of which decision you make, once you make the decision, everything else will fall into place for you!