EcomKon
Newbie
- Jul 28, 2020
- 16
- 15
I'm getting statistics left and right on how its is very rare to make money online even though I've struck success myself. I want to see others thoughts.
This post is very controversial but I need a peace of mind *sorry for the misleading title
Here's a list of some statistics below and Cons of different industries from what I've experienced myself and read in articles.
1. 99% of traders losing money in the stock market [don't get me started on mlm's and "forex trading" if you honestly think you can make money forex trading please leave this fourm]
2. Almost half of affiliate marketers make less than $20,000 a year
3. 8% of amazon 3rd party seller make over 100K a year [Revenue]
4. Dropshipping, 8/10 business fail and 3% last longer than 5 years | roughly 29/30 stores fail in the first 6 months
5. [VERY Opinion based, did this myself about 4 years ago] Retail Arbitrage has low margins
I have listed only a few and can give sources to most of these statistics if needed
My message is to HELP not hurt, Please don't give me the spiel on "do it yourself" because I have done everything on the list and only found success in 2
If you can PLEASE share your story under this thread explaining your success making money online.
This post is very controversial but I need a peace of mind *sorry for the misleading title
Here's a list of some statistics below and Cons of different industries from what I've experienced myself and read in articles.
1. 99% of traders losing money in the stock market [don't get me started on mlm's and "forex trading" if you honestly think you can make money forex trading please leave this fourm]
2. Almost half of affiliate marketers make less than $20,000 a year
3. 8% of amazon 3rd party seller make over 100K a year [Revenue]
4. Dropshipping, 8/10 business fail and 3% last longer than 5 years | roughly 29/30 stores fail in the first 6 months
5. [VERY Opinion based, did this myself about 4 years ago] Retail Arbitrage has low margins
I have listed only a few and can give sources to most of these statistics if needed
My message is to HELP not hurt, Please don't give me the spiel on "do it yourself" because I have done everything on the list and only found success in 2
If you can PLEASE share your story under this thread explaining your success making money online.