Too many people make the mistake of getting involved with too many different business models on the internet. Yes, there are many in which you can succeed with, but you extremely limit your ability to succeed with any of them if you spread yourself too thin. Here are a few reasons why it is important to focus on only one at a time.
First of all and as I mentioned above, spreading yourself thin with too many websites means that you aren’t giving enough attention to any of them to be able to make an ample amount of money. Succeeding with an online business often means you have to promote it in mass and in order to do that, you have to devote time and action to it every day. If you have 20 websites to focus on, there is a good chance that you probably aren’t going to be able to do something every day for every website.
Even if you think you have the time and ability to take on a massive task like promoting many websites at once, all of the stress and work will eventually catch up to you. When you start really seeing the amount of work that is required for each one, it becomes easy to get overwhelmed and experience a good amount of procrastination. Procrastination often arrives after you realize the vast amount of work that needs to be done and that the small daily tasks seem trivial in comparison to the overall goal.
Most successful internet marketers will tell you the same thing. Make sure to focus on one thing at a time. Not only will this give you the best chance to succeed but once you do start making money with it, you can then take that money and start outsourcing the tasks that need to be done. This will give you the opportunity to automate one business model and then move on to succeeding with another.
You see, in that regard it is certainly possible to make money using a few different business models and websites as long as you are making enough to automate one before you move on to another. Over time and with enough work, you could be making quite a lot of passive residual income from many sources. This is always good because it is never wise to put all of your eggs in one basket. Find a business model that uses your strengths and focus solely on it until you can afford to automate it.