Danger! Every Senior Who Tries to Start an Online Business Should Avoid This!

The idea of having a profitable online business is wonderful. You get to work from home, earn money while you sleep, work your own hours, have no boss, etc. It’s a dream lifestyle that’s perfect for seniors.

The good news is that this dream can become reality if you start marketing online. However, adopting a Pollyanna attitude and going in blindly can lead to a loss of money, time and energy.

This is a business model that can yield highly profitable results. At the same time, the industry is rife with scams, shady vendors and pitfalls that will trap you in a virtual quagmire if you don’t watch your step.

In this article, I’ll give you five tips that you should sear into your memory and recall often along the way. Thousands upon thousands of people have fallen victim to internet scams and the road to online marketing success is littered with the virtual corpses of the many who have tried and failed.

Don’t panic just yet. Keep reading and you’ll discover five very important points to note.  They will keep you safe if you adhere to them.

Don’t Let Yourself Be Infected With Shiny Object Syndrome

Shiny object syndrome refers to a problem common among people in this industry where you keep buying one product after another, but never act on any of them.

Many times, they will be focusing on one course of action when they receive an email from a marketer telling them about the newest and fastest way to make money online that just came out.

People infected with “shiny object syndrome” will then neglect what they were doing and buy the new product… and they will be halfway through that when another email comes in about another brand-new method that they can use to easily and quickly makes thousands. They again stop what they were doing and buy the new “shiny object!”  And this cycle repeats itself over and over…

Months, or even years, later they realize that they have spent thousands and gotten nowhere – maybe never made a cent online! This is the story for more than 90% of the people who try to start a business online. Do not be one of them!

Don’t Believe All the Hype

It’s not uncommon to come across products that claim to allow you to make $2,436.75 in 6 minutes without any work on your part. Almost all these products are pure rubbish that are designed just to get you to part with your money.

The statistics that are displayed on these snazzy sales pages are often questionable at best, and may be absolute lies at worst. NEVER, ever, believe the hype.

Many seniors tend to be more trusting and believe what they see online. This is one of the biggest mistakes that you could make. Unethical vendors have no qualms about lying on their sales pages just to get your money.

The internet has tons of these liars running loose. You MUST be smarter than them. Ignore the hype.

There certainly are many vendors who are honest, trustworthy, dependable, and who provide good products.  Choose a proven online business model and stick to it. Find vendors you trust and stick with them.  But, still, be careful not to let yourself buy things you don’t yet need.

It will probably take you a few months to get the ball rolling, and there will be quite a bit of work to do, but that’s what a REAL business demands.

Get Off Their Lists

If you do buy any of the rubbish products (and you probably will at some point), you’ll find yourself on the email list of marketers who send you multiple emails daily trying to sell you more products. You will probably get on some lists even without buying any of their products. And, once you get on the list the emails will not end.

In some cases, even when you do unsubscribe from their lists, you’ll find that they add you back on it. That’s how desperate they are. Some of them buy and share lists with each other.

If you’re receiving incessant emails from marketers who are trying to sell you everything under the sun, unsubscribe from their list. If you can’t seem to get off their list no matter what you do, mark their emails as spam and that will be the end of it.

Do NOT believe their ‘recommendations’ and buy what they’re promoting. Many seniors do not have money to burn. Save your money for your business and use the funds wisely.

You Make Money Only When You Sell

This is a simple concept that escapes many people. If you’re not selling online, you will NOT make money. You have to sell either products or services. If you’re an affiliate marketer, you’ll still be helping to sell other people’s products.

It doesn’t matter if you’re 10 years old or you’re 100 years old. This principle never changes. Sell more, buy less. Be a producer and not a consumer. That’s how you make your money online.

Buy What You Will Use and Use What You Buy

Finally, use what you buy. If you buy a WordPress plugin, use it. If you buy a marketing course, learn and apply it.

Don’t buy products for ‘future’ use just because they’re on a special deal now. Very often, the products will be forgotten, and you’d have moved on to something new.

These purchases will become little white elephants that are destined to roam around the virtual grasslands in your hard drive. Spend your money wisely.