“The secret of business is to know something that nobody else knows.”
– Aristotle Onassis
The biggest lesson that I learned from this month’s challenge is how boring making money online actually is. It’s slow, time consuming, and frustrating; just like real work. Contrary to what Tim Ferriss may insist, selling things online is just as labor intensive and exciting as selling things in real life. At the end of the day it’s just a job.
However, it does have some perks that normal employment doesn’t.
- You can work from anywhere.
Working from a coffee shop isn’t super exciting, but it still beats being at a real work place. While I’m still being anti-social and focusing on making money, there is a nice ambiance. That should count for something.
- Dealing with weirdos is minimal.
Aside from tricking on Craigslist, you don’t have to associate with too many strange people. Towards the end of the month my radar for time wasters and complainers improved to the point that I could ignore “clients” who’d never actually purchase anything.
- eBooks are a tough racket.
At last count there were 9,000,000 different eBooks about making money, losing weight, and picking up girls. That’s a lot of competition. If you assume that throwing up a web page that says “click here to buy my book on fitness/sex/wealth” is going to make you rich, you are a fool.
- Making money online is the second most tedious job you can have.
Selling services on Fiverr, writing eBooks, and affiliate marketing are all difficult and mundane jobs. Putting pants on shelves, filing TPS reports, and doing other menial tasks are worse. They’re worse because you’re stuck there. If I felt burnt out from web business I could take the night off, if I felt burnt out from my day job I still had to come in the next day. The freedom of quitting is what keeps me in the web game.
My online businesses are starting to make me money. As much as I gripe about them, I’ll keep at it. I’d rather work hard to have money and free time, than to slack off and only have money.