Why do people not commit to long term online money making?

Peaches

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Domravioli hit nail on the head as to my cause of work gaps recently. Still have my place but lost my studentship funding through extended MH absence and is why I'm now (that I'm back on my feet a bit) in a position of trying to juggle a million and one things to keep going. It's a bugger because this offers great flexibility to do what you can when you can, but as pointed out, the insecurity and lack of reliability is no doubt a stressor in it's own right.
 

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Personal situation matters alot - i have the benefit of having a reasonably well paying corporate job - if my employment situation was different i would be approaching these things with a more "i need to do this" rather than "i want to do this" mindset.

I've tried a few of the various money making routes, and for me there are two major things that keep me from settling on one - boredom and mental energy.

a good example of this is matched betting - it was really interesting learning how to take advantage of the offers out there at first, but once that initial learning rush passed it got dull pretty quickly whilst still requiring time & mental energy to keep it paying out. Whilst the time investment does get smaller once your "in the groove" its still another thing you have to remember to do to keep it ticking over.
Sadly i missed the gold rush on MB, so i only made a couple of thousand before getting distracted by other things

I find most of the other "work from home" sites and apps are exactly the same - the process is not very engaging as an activity whilst still requiring some mental energy. They are still essentially a job, when i think i'm looking for more sustainable income streams - which is why i'm now trying out the RA/Wholesale & FBA routes.
 

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Personal situation matters alot - i have the benefit of having a reasonably well paying corporate job - if my employment situation was different i would be approaching these things with a more "i need to do this" rather than "i want to do this" mindset.

I've tried a few of the various money making routes, and for me there are two major things that keep me from settling on one - boredom and mental energy.

a good example of this is matched betting - it was really interesting learning how to take advantage of the offers out there at first, but once that initial learning rush passed it got dull pretty quickly whilst still requiring time & mental energy to keep it paying out. Whilst the time investment does get smaller once your "in the groove" its still another thing you have to remember to do to keep it ticking over.
Sadly i missed the gold rush on MB, so i only made a couple of thousand before getting distracted by other things

I find most of the other "work from home" sites and apps are exactly the same - the process is not very engaging as an activity whilst still requiring some mental energy. They are still essentially a job, when i think i'm looking for more sustainable income streams - which is why i'm now trying out the RA/Wholesale & FBA routes.
What is it that interests you about RA/Wholesale FBA routes? is it that they are more controllable over the long term?
 

Maifax

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What is it that interests you about RA/Wholesale FBA routes? is it that they are more controllable over the long term?
They feel more scalable and I'm more in control of what happens. With the survey sites etc you have to work when it's available or miss out.. With this I'm driving the metaphorical bus.
 
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Jon

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They feel more scalable and I'm more in control of what happens. With the survey sites etc you have to work when it's available or miss out.. With this I'm driving the metaphorical bus.
 
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David Says...

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It's difficult for some people to make the mental shift from selling their time to building a business.

It's reassuring to do work in return for pay. It's steady and as reliable as you'll get. Doing surveys feels like a job, but without the boss watching over you! Some people think that they want independence from the 9-to-5, but actually like (or need) the perceived safety and sociability of a job.

Building a business needs a more strategic outlook. That's easier to do if you've had experience as a manager, but as a 'shop floor' worker it's more difficult.

We're conditioned by both our education and work systems to work hard and to conform. Running a business is about working smart and finding a way not to conform, i.e. to find a niche (be it in the market we choose, or to do something differently so we are more cost-effective than our competitors).

Running a business is also a much more lonely exercise. You have to make tough choices (and be accountable to them) and there's not really anyone else who you can truly share that with. Again, that's not for everyone.

There are online earning opportunities whether you're an entrepreneur or better suited to doing a job. The former is probably better looking at blogging, reselling etc. The latter is better looking at search engine evaluation, surveys, usability testing and so on.

There is a middle ground which is freelancing: if you have a particular skill then the web offers you the chance to earn more for your time via marketplaces. That might be suitable for writers, graphic designers and translators - and also offers a way for the full time employed to make a bit on the side by moonlighting.
 

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It's difficult for some people to make the mental shift from selling their time to building a business.

It's reassuring to do work in return for pay. It's steady and as reliable as you'll get. Doing surveys feels like a job, but without the boss watching over you! Some people think that they want independence from the 9-to-5, but actually like (or need) the perceived safety and sociability of a job.

Building a business needs a more strategic outlook. That's easier to do if you've had experience as a manager, but as a 'shop floor' worker it's more difficult.

We're conditioned by both our education and work systems to work hard and to conform. Running a business is about working smart and finding a way not to conform, i.e. to find a niche (be it in the market we choose, or to do something differently so we are more cost-effective than our competitors).

Running a business is also a much more lonely exercise. You have to make tough choices (and be accountable to them) and there's not really anyone else who you can truly share that with. Again, that's not for everyone.

There are online earning opportunities whether you're an entrepreneur or better suited to doing a job. The former is probably better looking at blogging, reselling etc. The latter is better looking at search engine evaluation, surveys, usability testing and so on.

There is a middle ground which is freelancing: if you have a particular skill then the web offers you the chance to earn more for your time via marketplaces. That might be suitable for writers, graphic designers and translators - and also offers a way for the full time employed to make a bit on the side by moonlighting.
Good points in here

'Earning money online' is VERY different to ' I want to run a website to earn money online'

The former tends to involve you being spoon-fed work by companies while the latter requires the work to come to you!
 

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