So you have been inspired to get started in affiliate marketing. Maybe I have inspired you. You get started with your 10 free lessons (If you haven’t yet, you can subscribe to the newsletter) and are off to the races. You work on your website for a few months and see no results. Then the self-doubt starts to kick in. Then you start asking yourself if your friends, colleagues, and family are right? Is Affiliate Marketing a waste of time?
What the statistics say
There is a suggesting that says that only 10 percent of affiliate generate about 90 percent of the sales. That 140,000 websites are created each day. Off those 140,000 daily websites, 90% fail.
Despite this, there is a way to defy the odds. The way I do it is through a beginner friendly affiliate marketing course. Another is through keyword research tool that gives me accurate keyword data and affiliate programs.
What people will tell you
A lot of people are going to tell you to not take a risk. That someone else is already doing it (Do you think Lyft was listening to the people that said Uber was already doing it?). That you should just stick to what is safe (whatever that means). Don’t follow your dreams because you will get hurt. To be honest with you, they tell you this because they are afraid of you failing. They don’t say these things to be malicious. It’s just that they care about you.
But here is what I would like to tell you. If you listen to the statistics, you will probably end up just contributing to it. Obviously, I don’t mean that in a good way. Whether affiliate marketing is or it isn’t a waste of time, either way, you are right. You just get decide which one you are right about.
Is it? Putting Time in Perspective
I want to give you some encouraging words and give you a resounding no. At least from where my mindset is coming from. The reason for this is that all good businesses take time to build. Remember, the average business doesn’t break even for at least 5 years. These are the expensive brick and mortars too. But you aren’t on a brick and mortar. I have seen youtubers who have broken through after year 3. How? By continuing to work on their business and not giving fuel to their self doubts.
So before you quit, remember that most people would rather consider staying at or above average for 40 years if not a lifetime is a long time. They do this without even thinking about it and questioning your dreams. Making it to the success of your dreams in a 5 or 10 year time span is a lot faster in the grand scheme of things. But for most people, they think waiting that same 5 or 10 years is way too long of a wait. Remember, this a difference in mindset between a person stuck in the trap called the rat race and someone who wants personal financial freedom as well as time freedom or at least flexibility.
If you had the choice to retire at year 10 or even year 20 as opposed to year 40 or never, which one would you rather take?
When is it considered a waste of time?
It is only considered a waste of time if you quit. Why? Because quitting is a guaranteed zero percent return on investment or loss of investment and definitely a zero percent return on time. Here’s the thing to, you don’t get that time back either way. Either you throw away your time in either trying to make your business work, or you throw it away for your employer. You make that choice at every single turn. Sometimes you do both at the same time if you are doing it on the side. But either way, time is always going to be a burned resource.
What you should do instead
You should continue to work on your business while you are going through your self doubts. It’s going to take time. It’s going to be hard. But in the end it is all worth it. Just keep on working at it. I have seen many new affiliate marketers leave their website behind because they didn’t see any results within 6 to 9 months.
My suggestion to you is that you at least work on it for 5 years. If it doesn’t work out, then you can quit and move on to another venture. But until then, DON’T QUIT! If you work on it and take it seriously for the next 5 years, I promise you will go somewhere you have never been to before.
Thanks for reading and let me know your thoughts in the comments below. Where you ever close to quitting? Did you find a way to not quit? What were your results after making that choice? If you know someone that feels like they want to quit, share this with them.