How NOT to make money online as an entrepreneur

There are a few different things to consider when it comes to making money online- a lot of people will tell you how to make money, but very few will tell you how not to make money online. Here are a few tips:Be careful about MLM- as you can learn a lot from them, such as sales skills and expanding your comfort zone, but more often than not they are a scam and/or have shady business practises. The trick is to follow the money, as this is a sign as to whether it is a legitimate business or not. I recently heard about a documentary called Betting on Zero, which accordingly, exposes Herbalife as the "world's largest pyramid scheme". MLM is good to get into early and/or with a big and loyal following, but it is not something you stick with forever.As a entrepreneur you have to endeavour to appreciate the process more so than the reward- enjoy the process and the grind. You have to enjoy the daily grind and daily process, as well as the reward. You have en enjoy hunting for the rainbow just as much as finding the pot of gold at the end of it. Because, when you do not enjoy the process, it can wear you down...Most gurus about passive income are bollocks, because there is no such thing as true passive income: because you have to work for it. You have to maintain and regulate it and Ii is 10 dark years of work, struggle, and grinding, followed by years of pleasure, reward and caviar. It is possible to be sat on a beach working on your business from your laptop, but it takes time and energy to get to that point as well as to maintain it.Be careful of free advice- whether it is from YouTube or from the 1st page on google, because that information is worth exactly the amount of money you paid for it, as there is a difference between value and price: price is what you pay and value is what you get.Do not jump onto the biggest trend- think for yourself.Do long listen to everyone you hear online, because not every knows what they are talking about. Some peoples' information products may be worthwhile, but you may read 3+ books on a subject and know more than most other people.The secret to success to engage in more voluntarily transactions. Give people more excuses to pay you money. Be consistent, concentrate and co-operate. I am co-operating with people by the podcast I started recently.Question of the day: what are you doing that you know to be wrong?Read more about this in my book: 101 Entrepreneur Mistakes and Lessons.Want to know more: https://www.nantchev.com/consultingLearn more about me: https://www.nantchev.com/Subscribe to me on Youtube: youtube.com/nantchevFollow me on Instagram: https://www.instagram.com/adriannantchev/