One of the most discouraging and frustrating aspects as a beginner trying to make money online, is overcoming the instant satisfaction mindset.  You must continually work at building your money-making ventures in order for them to be successful.  It will take a lot of time, social interaction, energy, and effort – but the results can be extremely rewarding.  Getting into the mentality that making money is a journey that is constantly changing and evolving will help you facilitate your own success.

How many ventures have you tried and given up on because there was no immediate gratification?  There are thousands of new sites and blogs that start each day, with only a fraction of them ever achieving some level of success.  The reason many fail in making money online is that they give up (or give in) too easily and can’t see the long-term potential.

Building a foundation for success

The ability to make money online is determined proportionately by the amount of effort you put forth (persistence) and the value that you provide your visitors (quality).  These two factors are the lifeblood of your blog or site and will determine whether you succeed online.  So how do you build a site that will attract more people and continue to grow?

• Persistence

  You must acknowledge that you will have to keep working at making your site better, keep adding content regularly, interact in your industry circles, and continually build your site.

• Consistency in production

  Whether you are coming out with new products, adding new blog posts or articles, or building your social profile, you need to do these things on a consistent basis.  For products – continue to make your existing items better.  For content – set yourself a schedule for releasing new articles or posts on a regular basis.  For social networking – build allies, friends, and trust with those who can help you achieve your goals.

• Don’t sell out

  Be real and helpful to your visitors, don’t sell out and promote products that are junk.  Don’t recap the news that you have read on other sites – unless you have something significantly meaningful to say or a very unique approach to the topic.

• Provide ongoing value

  The reason that many sites achieve the level of success that they do, is because of the value that they continue to provide to their users.  Providing your visitors something of value will give you consistent returns in the long-run.  A perfect example is DoshDosh who hasn’t posted in many months, yet still has an RSS subscriber count of over 30,000 people.

• Don’t give up

  The single biggest reason that people fail to make money online is their inability to persevere through their initial steps.  You need to acknowledge and accept that it may take a lot of time before your results will pay off and many times it may feel like you’re alone and talking to yourself, however, you need to accept the fact that you need to push through and persist in order to succeed.