I’m going to say it again; Starting your online business and building Passive Income isn’t rocket surgery. It is actually quite easy to get started and build a basic site that you can start generating passive income with.
That being said, when you are ready to take it to the next level or just have some of the challenges I’ve run into it can be frustrating and discouraging if you have some idea what you’re doing, and downright intimidating if you have no idea where to start.
If you’re not super committed to learning, trying things on your own and able to problem-solve here are some reasons you might NOT want to start your own online passive income website.
You Might Have 1000’s of Bosses
Were you hoping that you’d be 100% your own boss? Well you kind of are, except that you still are accountable to your web site visitors or readers. You might not have direct feedback or commands from them, but without them you will not succeed. Keep that in mind in all your dealings online.
You’re Still at Someone Else’s Mercy Still
What happens when your web site(s) go down? It will happen and many times through no fault of your own. You might not even be able to do anything yourself other than beg, plead and cry for someone else to look at it. The more you can do on your own, the better but no doubt you’ll be relying on someone else even if it’s just your web hosting company.
You Might Have to Pay Others When You Can’t Afford To
If your site goes down, Google or another search engine changes algorithms, or your site gets hacked you’ll need to respond. It may be the worst time financially – perhaps your car broke down, your daughter just got married, you got let go from your day job or whatever the case may be – you may still have to shell out some coin to get your site back online.
You Might Not Be Self Motivated
To be honest, I don’t really understand when someone says they aren’t self motivated. Who else can motivate you? Sure, someone else can inspire you but at the end of the day you’re the one who has to get off your butt and get going. Whether you are able to feel that you do it yourself, or find some inspiration at the end of the day you’re the one who has to make the decision. If you don’t feel like you can, then this might not be for you.
You Don’t Have Supportive Friends or Family
Most of us don’t respond positively when those around us tell us we’re crazy or going after something unobtainable. I know some people have enough attitude and willpower where this will just be a challenge for them to prove those people wrong, but for the rest of us having supportive spouses, girlfriends, family and friends is very important. If you have only negative-nellies around you, it can be much more difficult to venture out on your own.
You Lack Focus
I suffer from shiny-new-toy syndrome quite a bit. I may run across a search term that seems like a good market and want to build a site for it or feel like I would rather go fishing occasionally. Or more often than that. I won’t lie, I have been distracted quite often and lacked focus. Sometimes it is a short term item like this, other times it has been me just wanting to go in a different direction. You can only go in one to go deep in so I recommend you pick one and go all-in that direction.
You’re Easily Distracted
Squirrel! Uh uh. It is SO easy to be distracted. I swear it’s getting worse too. Here’s what I battle a lot: Email,/Twitter/Facebook notifications, phone calls, dog wants out, dog wants in, dogs barking or running around, life appointments (oil changes, doctor appointments, grocery shopping, etc) having to use the toilet, work out, and on and on. There are just so many things you can do so if you can’t keep them scheduled reasonably, you can be in a completely reactionary state all the time. This won’t lead to getting things done.
You Hate the Computer/Twitter/Facebook/Email
If you don’t like spending time on the computer and communicating online, this really isn’t for you. Unless you can change how you feel about this, it will be very difficult to succeed.
It’s Not All Gloom & Doom
All these things can be overcome with effort. If you’re willing to give it the effort you need to succeed, you can overcome any one of these points. Hopefully you don’t have too many of them to deal with.
What About You?
Do you struggle with other things? What do you do to get past those things? I’d love to hear about your experiences in the comments!