#44 – 7 Reasons You Aren’t Making Enough Money From Your Websites

What you will learn

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Why not seeing something through is a leading cause of failure
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Why you should never drop what you are doing and to copy another idea
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How vanity metrics mislead 97% of people
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Why trust matters
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How focusing on the wrong things leads to lower profits

A lot of people aren't making as much money as they could be from their websites. The same problems seems to keep appearing again and again.

In this episode, we look at 7 reasons why you aren't making enough money from your site.
Full Transcript
Mark: Hey guys, welcome to the Authority Hacker podcast. Today I am here again with Gael.

Gael: Hey, how is it going guys?

Mark: Today is actually the part two of our three-part launch series. On Monday we are going to be launching Authority Hacker Pro, that is Monday the 12th of September, and so we're doing this series, kind of as I alluded to promote that. If you haven't checked out episode one which came out two days ago, please do that first, this kind of follows on from it. In episode one we were talking about all of our failed sites, which we've done over the years. Today, we are at part two and we are going to be talking about seven reasons why you are not making enough money with your site.

Gael: I think the first mistake people make, and I am going to start with it, the first one is giving up too early. Sites take a long time to succeed, and actually as time goes, it takes longer and longer, and we are having these discussions with Tung from Cloud Living, with Perrin etc, before we would be able to publish thing on even established sites, and within three to six months we'd get some traction. And now, it's up to a year for content to get any kind of traction from Google and so on. And we talked about examples of sites yesterday, like the ancestor of Authority Hacker which was TrafficTeo.com where we gave up well under a year, I think people miss evaluate how long it's going to take for them to do well and that is one thing that I think people do with these sites.

Mark: Yeah, I don't think it's they are miss evaluating it, I think it's they are being sold this idea of make money online- what I think of that phrase, the first thing that comes to my mind is all these cheesy sales pages with pictures of Ferraris and stuff, i think that back in the day, 10, 15 years ago, it was possible to make a lot of money very quickly, but the fact is it's not like that anymore, I don't know anybody who makes big money in year one in online business.

Gael: It depends on what you call big money, but you can make a 100 k on year one if you do really well, but you won't make tens of millions of dollars.

Mark: That's the exception, that's not the rule, so, it takes a least a year for most people, probably two to really get to the I would say quit your job level, do you think that's fair?

Gael: Yes, once again, I don't like putting time on success, because that incentivizes people to say okay, it takes two years than I am just going to do nothing and wait two years now when my site is online. And, so I want to say, that includes working hard during that time, right?

Mark: Yes. I mean not just working hard, but working harder than you have ever worked before, during that time.

Gael: Yeah, because, I see so many people asking me how long is that going to take, how long is that going take, and I see a lot of these people if I ever answer that question they literally just wait that time and do nothing in the meantime.

Mark: I guess there is a time element in what you are alluding to, like Google taking a certain amount of time to- I don't know what you would call it-

Gael: For me,