We all know that there are plenty of success stories to be found when it comes to the online marketing industry. Some people have built million dollar businesses right from their homes. But what about those who simply gave up. Let’s keep looking at some of the common reasons. But, maybe you are asking yourself: why does this guy want me to see what people who failed did? I want success!! Well the answer is simple: because you sometimes need to see where people messed up so that you don’t repeat their errors. There is a quote that I often like to use: “The wise man learns from his mistakes, but the genius learns from the mistakes of others.” Now let’s get back to seeing some of what causes people to give up:

• They Let Others Talk Them Out Of It

This happens, and it does quite often actually. Somebody could have a million dollar business plan, but then their friend/wife/mother/uncle/dog tells them that “that’s stupid, it will never work” or that “you can’t make money on the internet, it is all a big scam” and then they simply put their plans behind. To have success in any business, whether its online or not, you have to believe in yourself. Do you really think that nobody was laughing at Bill Gates when he quit college to start Microsoft? Well, considering the fact that he’s now the richest man in the world, I somehow have a feeling that these people are saying: “Damn! If only I was more friendly with that geeky guy in glasses!!”.

• They Wanted Someone To Hold Their Hand Every Step of the Way

Part of running any business is that you need to be able to make the right decisions by yourself. There will be nobody explaining to you what you have to do, how to do it and when to do it. YOU will need to look up the information necessary to build, operate and expand your business. While you may partner up with others who can give you advice, remember that these people also have their own businesses to run and therefore won’t want to constantly be looking out for you.

• They Had a Problem or Setback and Quickly Got Discouraged

Again, this is a common occurrence. If I said to you that everything will always be A-OK in the online business industry, I would be lying to you. Things can go wrong. Sometimes, your ads and sales pages will not convert as well as you want them to. A “super money maker method” could turn out to be completely worthless. An affiliate network could go bankrupt, leaving hundreds of affiliates high and dry. This happens. Deal with it. When a problem occurs, the best thing to do is to start thinking of logical solutions: what could I have done differently so that this doesn’t happen to me again in the future? That is the question that you need to be always asking yourself in case of an issue with your business.

I’ve been following this guy for awhile called Mike Filsaime who is a very successful affiliate marketing expert who makes his money from online sales via a large network of websites he manages.

Mike started out as a general manager of an auto dealer before he decided to give this up to start his own online business to which he has built up to a multi million dollar business.

Mike is now an author, software developer, renowed speaker, personal coach, business consulant and an affiliate marketer.  Mike spend most of 2006 and 2007 as a speaker at many internet marketing conferences and has helped inspire many millions of people which is how he first become well recognised.  Although now adays he has retired from public speaking inorder to spend more time on his online businesses.

Mike made over 10 million sales between 2005 – 2007 and over 8 million dollars in sales in 2008.  He now expects to make near $10million in sales for 2009.

Mike first started out on his own and has now grown to a team of 36 staff all around the world helping manage his portfolio of successful websites.

His aim is to build up his business to a $100 million company which he isn’t far from doing at his very fast success he has made online.  From quitting his job as a general manager for an auto dealer he became an online millionaire within 3 years from affiliate marketing.

One of his greatest websites was the butterflymarketing.com which made $700,000.00 in sales in under 24 hours and went on to hit 1 million sales in under 5 days.

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