They say: ‘I have my business on the Internet’, but…
Yes, I am going to have a good old moan. And I’m starting this article late in the evening. I see it’s almost 10pm on the clock. And I am going to talk to those people, who say that they have online business, but they still think like they were employed in ordinary full-time or part-time job. Or even better, they tend to say: ‘I invest on the Internet’, but they don’t think ‘I may lose’, although it’s been repeated to them tens of times. Until they got tired of hearing about it.
I have recently realized, that many people who brag on the Internet about their online earnings, and their presence in this or that program, and who also post those colorful screenshots of hundreds of dollars that they make… still tend to think (even if they deny it) like those who are in a regular, full-time employment.
Attention: Full-time or part-time employment is not bad at all! But it does not have much in common with running your own business or being an investor with awareness about all risks that come with it.
How does a person with ordinary job think?
I have job security and stability, so I can take a mortgage for a house, as I should be able to pay it off.
How does a person with ordinary job not think?
I have a week, 2 or 4 weeks of notice, so that’s how much time I will have left after being dismissed. Plus my debt.
And most importantly: a person in ordinary employment does not try to sell as much as he/she possibly can, to provide a profit for the company. In general, this person just wonders how to survive from Monday to Friday and get the salary at the end of the month. People don’t often reflect on where their wages are coming from. They work, they do as they’re told, so they expect a payment. Simple, isn’t it? Well, it is not. Their wages come from their company’s profits. If this company stops making money, they will not be able to pay their employees. And that’s when they’ll start making people redundant. Companies do not earn money just because we are sat in our workplaces. What we do is calculated to equal our wages. People work for a reason, and this reason is to provide a profit for their employer.
Imagine that you are an employee in a shop that sells clothes. Every day you sell goods for a total of $200. It ads up to $1000 a week, so $4000 a month. From that, you have to take away cost price – the amount that a retailer had to pay for items. If it’s 50%, it would equal $2000. Then, there are all the other bills and taxes that have to be paid too. Let’s say that if a company is lucky, they’ll have $1500 left, and from that they have to pay your wages. If you are contracted to earn more that $1500, a company will start losing money, because you did not sell enough for them to make profit.
It’s sad, but it’s a fact. Your performance and efficiency in your employment has an impact on your wages. You will either contribute to making profit, or a company will have a dilemma of what to do with you.
But… a person in ordinary employment hardly ever thinks about putting all their effort to increase sales. It’s easier to keep your eyes away from customers, last another day and go home. That’s the usual thinking of a person in full-time/ part-time job.
Unfortunately – the money does not fall from they sky.
Whatever you do, you are a subject to the same rule: if a company makes profit – you earn too.
Well, that would be it for an introduction of what I mean. My point is that many people who work on the Internet, behave like they’re in ordinary employment and they assume they’re definitely going to earn the money. Just like that.
They say: ‘I have my business on the Internet’, ‘I earn through revshare programs’, ‘I make big bucks by clicking ads’, and so on. They also say: ‘yes, yes, I aware of all risks’, ‘yes, yes, I know I may lose’, etc.
But… they are completely not interested in how a company earn the money, or WHAT ARE THEIR SALES. Just like they were in ordinary employment. It’s really fascinating!
Because why would anybody care about the sales in the program they’re using?
Well, I’m writing about it since I’ve started my blog: revshare programs share their profits only if they make it. Meaning: if a company earns money, you’ll earn some too, but if they don’t, you won’t get anything as well. Full stop. If a clothes shop manages to sell enough goods, then they’re able to keep all their employees, if not, they’ll have to make some of them redundant, or close a store. It’s so simple, that I am surprised that many people do not get it.
Most people just flick through all I’ve written and quickly forget about it.
All they see is percentages:
20% in 60 days.
10% in 44 days.
15% in 3 months.
Dear people! This money does not fall down from the sky! A company needs to make sales to achieve their profit, so if they don’t manage to do it, they won’t give you anything.
If you say: ‘I have online business’, and you mean any of recommendation or revshare programs, then do not think like you were in ordinary employment!
High percentages = need for high sales = high risks.
In recent months, revshare sector has (finally) started to change. Or maybe not exactly change, but more people with common sense began to work in it. I mean people who are not emptying a program like crazy, who are admins, that promote a program with their name (which is important for them, as they’re risking reputation) and they’re aware that they cannot offer mega high percentages, which they might not manage to pay out. Those amounts are pleasing to look at, but they have to be earned too.
That’s why we may notice, that program in which the owners PLAN for the good future of their business – they introduce many improvement, news, products and services, that will all contribute to making profit.
Because of all those things, they’ll be able to earn enough to share with their users. For a long time! There are other admins, who don’t want to bother with selling extra product and services, so they openly say that they invest their money: e.g. on cryptocurrency markets, forex, etc. Because of it, they earn and their company earns too. And at the end: we are able to get our share. It’s vital to know how to invest in these places. And not everybody would be able to do it.
We clearly see, that revshare market is continuously changing.
Of course, not every revshare is good, and not every admin is honest. For many people who are in this business for long, it is easy to open a new program every 2 or 3 months, run it for a while, then take all the money and shut it down. It happened many times and it will happen again. But within those hundreds of programs, who just appear online and then disappear after a while – there are some, which admins WANT something more. They are run well and for long, because of people who create them.
One thing that I’m quite convinced of: earning through GOOD revshare programs, if you do not use recommendation’s possibilities, you just by your own packs – will get lower. So you have a choice: you can carry on jumping from one program to another, or you can choose few of reasonably reliable programs and just focus on those. Because they are more likely to stay online for longer. You can also change the business sector. It’s up to you.
Guarantee? There is none.
Diversification of sources? Always.
Risk? It is everywhere.
Is it possible? Yes, as long as you do it wisely.
But what’s the most important: do not think, like you were in ordinary employment. It is not a full-time or part-time job, where you work for someone else: here, you have to remember, that if the company does not make profit, you wouldn’t make profit too. And there is no assurance of ‘employment’. Just the same as in ‘stable’ ordinary job: We are sorry Mr. Smith, but the company is going through difficult times and we decided to make you redundant with 2 weeks notice. And that’s it for your stability.
Are you entitled to something? Yes, to benefit from things that you wisely worked for. Will your boss or admin be able to promise continuous employment to you? Yeeeah… right.
And as for the ending, I have few questions:
How much did you earn last month for the company that pays your wages?
How many goods did you sell?
How much did you buy from your company yourself? – WITHOUT EXPECTING THIS MONEY BACK? 😉
That’s the question.