3 Questions You Need to Ask Yourself Before Making Money Online

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Questions You Need to Ask
Are you ready to make money online? I only ask as you may be unknowingly unprepared to dive into the online realm.

I recently spoke to someone about joining my online team. This individual seemed ready for a change and was eager to get started, but their mindset was totally unprepared for what it would have entailed. This isn’t uncommon, I myself had a poor mindset when I first started making money online – I admit it!  Back then, I thought like a scared, broke person before I even started and even though I attacked my online business venture with bags on enthusiasm, my mind was not right.

This is why I struggled for months before eventually prospering online. I never asked myself specific questions, never qualified myself. I was just not fully prepared to start earning online, so I ended up struggling to prosper.

You CAN make money with your website, but in all honesty, you need to know what making money online will entail before you start anything.  Believe me, it will benefit you in the long run!

Here are 3 key questions that you should ask yourself before looking to make money online.

1. How Much Time Will You Spend Working On Your Online Business?

Questions You Need to Ask

This is a key question that many people overlook when first starting out.  How many hours will you spend working your online business every day?  Think this one through carefully before committing to your online venture.

Let’s say that you decided to open a traditional store in your local area. Think through all of the planning, all of the hard work, dedication, blood, sweat and tears you would need to put into your operation to make it a success.

Now visualize yourself starting an online venture and you can quickly see that you will be working 6, 8 or 12 hours daily to make this thing work. Just because you are working online, it doesn’t mean that there is less work to be put in.  You cannot succeed online unless you are willing and ready to work as much as you do at your current job, or as much as an offline business person would work.

2. What Are Your Goals?

Questions You Need To Ask Yourself

I remember back when I was an online business newbie. I had zero direction, no goals in place when I started my venture and because of this, I struggled for a long, long time.  You only succeed online if you have clear and definite goals in place before you set out to reach your final destination.  You need to figure out where you are headed, otherwise you end up working aimlessly on tasks that don’t seem to get you anywhere.

Let’s say you like travelling and want to run your online business whilst on the road – great!  Now list out each travel destination that you would want to visit before you take a step further. I myself have lived in Bali, Phuket, Penang, Hoi and other tropical locations for months at a time.

Now you can set up income goals, personal goals, or any goals for that matter that you wish to establish. Just be quick to write out your goals as a framework for ordering your mind toward a definite end.

3. Are You Ready to Give?

Questions You Need To Ask Yourself

Back when I first started, I was set and raring to go and make money online. I wrote one blog post, checked my email and found no opt ins. Oh well. So I wrote another blog post, and then another and another. I saw no opt ins, no comments, no money. I was crushed! I felt like I was wasting my time, or so I thought. But what I failed to realize was that I needed to give in order to receive.

Giving freely precedes online success. Be of service and adopt the mindset of being a servant, of helping others and of course be open to receiving. If you are hungry to make money online, ask yourself the giving question and be ready to write, to give, to connect and to help individuals reach their own goals.

You can succeed if you are ready to give, but you will fail miserably if you are stingy, refusing to give at all, because everybody can sense a selfish person and will run from you when you try to offer your product or service.

So, are you thinking about making money online? If so, have you asked yourself these key questions?

If you asked yourself these questions and are currently running an online business, is it maybe time to ask each question again? Maybe you need to re-commit?

What questions would you like to add to this list? How can you better commit to your venture? How can you let online newbies know what they must do before making money online at a regular clip? Please let us know by leaving a comment below!

About Ryan Biddulph

Former fired security guard and current world traveller, Ryan went from having a net worth of 4 cents to generating steady cash flow online while travelling to tropical paradises like Bali, Phuket and Hoi An. How does he help you magnetize yourself to cash? To find out Click Here. You can learn more by following him on Twitter or Google+.