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Today we’re going to figure out if you have what it takes to earn a living online.

But first: I have some good news for you.

And that is that there are literally endless opportunities out there for earning money online.

For example, I put together this article that lists 101 different ways you can make money online.

Just to name a few:

  • Designing greeting cards
  • Becoming a voice talent
  • Working as a virtual bridal consultant
  • Becoming a mock online juror

These aren’t just ideas.

They are actual online job opportunities that you can apply for today, and do from anywhere in the world.

Here’s another article that lists 90 different creators on a platform called Patreon, and how they’re making money.

This is my favorite: a guy teaching the ukulele online has 1600+ people paying him a combined $6,000 per month! 2


And it’s also brilliant, because if some random guy can earn $6,000 per month teaching the goddam ukulele, then surely there’s a way – dozens of different ways, actually – for you to earn a living online as well.

Now, having read that, I hope you’re feeling optimistic, I hope you’re feeling excited…

Okay, good.

But you might also be noticing that little voice in your head piping up and saying something like:

“Yeah, I’m sure there are lots of opportunities out there, but I can’t take advantage of them because of X.”

And you know what, you might be right.

But let’s not make any assumptions here, okay?

Instead, let’s go through 6 common reasons why you might struggle, or even fail, to build an online business.

“I Don’t Have Any Skills!”

So you might be thinking you don’t have any skills at all that you could use to start earning money online, not even basic ukulele skills.

Well, first of all, that’s probably not true.

Well, the ukulele thing is probably true, but trust me, you most likely DO have lots of offline skills that ARE transferable to the online world.

And hey, even if not, there are a whole bunch of skills you can learn very quickly to start earning good money online.

For example, a former student of mine, Justin from the USA, started out with no skills to speak of, learned enough in two months to start earning money online, and a year later was getting paid $50/hour consistently.

I actually spoke to Justin on Skype a couple of weeks ago and he told me he was traveling around Southeast Asia and had just landed his first client at $100/hour.

That could just as easily be you in a year or two.

So, if you don’t have any skills right now for working online, that’s okay. Many other people have felt like that, and they’ve gone on to build successful online businesses anyway.

You can do the same.

Another reason you might think you’re likely to struggle or fail to build an online business, another limiting belief you might hear from that voice in your head is:

“I’m Not Good With Computers!”

That’s fine, too.

Look, here’s a list of 50 non-technical founders in technology.

These people built billion dollar tech companies like Amazon, Reddit, Linkedin, and YouTube without being very good with computers.

All you really need to know how to do on a computer is navigate the web effectively.

Because for every question you might have, for every roadblock you might run into, there’s an answer out there at the other end of a Google search (or two), just waiting for you to find it.

So, not having any skills and not being good with computers… those excuses should NOT stop you from earning a good living online.

They are overblown and largely irrelevant.

Now, let’s look at some legit reasons why people often struggle and even fail to earn a living online.

The first is…

“I Don’t Have Enough Time!”

If you’re already super-busy and barely have time to scratch yourself, that’s a bad sign.

Because honestly, it does take time to build an online business.

Unless you’re waaaaaaay smarter than everyone else, or have some other kind of exceptional advantage, you’re simply NOT going to build a successful online business in only 4 or 5 hours per week.

I’m sorry, but if it truly was that quick and easy, everyone would be doing it.

So I recommend you set aside 10 hours per week – at the absolute minimum! – to build your online business.

And if 10 hours per week sounds like too much right now, or it’s simply not possible, then keep an eye out for an upcoming lesson all about how to free up more time.


“I’m In Debt / Struggling To Pay The Bills”

It’s like this: most of the people I’ve seen succeed in building an online business have been calm and thoughtful, not frantic and frazzled.

If you’re in debt or you’re struggling to pay your bills at the moment, you’re going to be stressed and somewhat desperate, and that kind of mental state is not conducive to building a business.

Go get yourself a regular job instead, pay off your debt, build up some savings.

Once the pressure’s off and you feel like you can breathe again, then you can start thinking about earning some money online.


“I Have A Poor Track Record Of Providing Value”

Let me ask you this:

If I were to call up your last three bosses and ask about your performance in the workplace, would I hear good things?

If not, that’s a bad sign.

Because the people I see struggling the MOST to earn a good living online are those who also struggle to earn a good living offline.

These are people whose primary interest is getting paid the greatest amount of money while providing the least amount of value.

Let me say that again:

These are people whose primary interest is getting paid the greatest amount of money while providing the least amount of value.

Such people tend to struggle working online, just as they tend to struggle working at regular, offline jobs.

Because ultimately, you succeed the same way at both: by providing value.

That’s what money is exchanged for, whether you’re working at a supermarket checkout, an investment firm, or doing something online.

So if you’ve never done well in a regular job, if you’re not experienced at providing value in any kind of workplace or business setting, before attempting to build an online business I recommend you go get a regular, offline job, where the stakes are much lower, and practice delivering value there.

Once you get good at that, you’ll be much better equipped to earn a good living working for yourself online.

(By the way, if you’re stuck in a job you hate right now, read this: 5 Things You Can Do When You Hate Your Job)

Okay, one more and we’re finished:

“I Hate Working In Isolation”

For me personally, I can quite happily sit here all day on my own in my apartment, working away, just me and my laptop.

But that kind of isolation might make you quite sad and lonely and depressed.

Now you can of course use coworking spaces, or cafes, or become part of a remote team, or get together with some friends for work sessions… so this one isn’t a deal breaker by any means.

But I did want to mention it here because some people find it quite jarring to go from a busy office environment or working outdoors, to mostly working alone in front of a screen all day.

So take that into consideration before you go building the next big internet business 😉

Quick Recap

Here are the 6 reasons why you might struggle to earn a good living online:

  1. I don’t have any skills
  2. I’m not good with computers
  3. I don’t have enough time
  4. I’m in debt / struggling to pay the bills
  5. I have a poor track record of providing value
  6. I hate working in isolation

The first 2 you don’t need to worry about.

The last 4, you do.

Are you up for a challenge?

I want you to tell me two things in the comments:

  • What is your greatest strength for working online?
  • What one weakness or obstacle will you need to overcome to build your online business?

Leave your comment below, then check out the next lesson.