The hottest question on the Internet these days is “how do I make money online?” Well, that is a really tough question to answer in just a single article. The reason is that there are probably a million ways to make money online and the methods continue to grow and grow.
The “dot com boom” in the early 90’s and the subsequent crash was a major concern for many people which prevented them from entering the internet marketing field. But when you come to look at the people who actually make money online, it becomes apparent that the quitters really missed out on huge opportunities.
To be honest with you, making money off the internet is never easy and there is no get quick rich scheme. There are dedicated courses (check out Blogussion’s From Planning to Earning course) available to give you the resources and knowledge needed to actually make money.
But that’s all general information for how to do it. How many of those courses and guides tell you why to do it? The internet is an excellent medium to make money on, but some just lack the important mindset to do it, despite how much they actually know about the topic.
But why choose the internet? Blogging? I can’t stress enough how hard it is to actually make a decent living off of the internet, but is it something to pass up? Absolutely not! The internet has plenty of potential to make you a living, you just need to take advantage of that potential.
No Money? No Problem
Consider yourself starting a brick and mortar business. Such a business would mean serious start-up investment, personal attention, taxes, record keeping, etc. etc. Not everyone can and are fit to start a local business. The main problem many people face is getting their hands on the startup funding. You can also depend on loans from banks, but how confident are you of your business start-up?
But when it comes to the internet, the scenario is completely different. One business you need little or no investment is an online business. There will be costs related to web hosting and such if you plan to go the professional route, but there are opportunities to start-up free as well.
But going back to my point, the internet business model is the perfect method for making some quick cash with minimum investment of money.
The Learning Curve is there
If you are the kind of person always looking out to learn some new things, then the internet business is the right kind of business for you. With that attitude you will make money for sure and I am 100% confident in that. When I started out I had a lot of confidence that I can win and I took the time to learn the facts even though it occurred to me pretty late.
Making money from the net is something which will include a learning curve. You will come across a lot of opportunities and each of these opportunities will spawn another opportunity. I’ve learned many things, and even like to think my knowledge in topics such as search engine optimization and internet marketing in general has increased.
Those are two topics that I was passionate about, wanted to learn about, and just did. All because I wanted to.
It takes a bit of time to get you off the ground and so patience is absolutely necessary. There is no shortcut to success, and definitely no short route to making money from the internet either.
You are Your Own Boss
This is my favorite part. Making money online does have its merits like having no one one to answer to but yourself. No fixed work hours, complete freedom to implement your ideas, the ability to decide what business to do, and I can just go on and on.
These are all particularly helpful when it comes to making money online a side business. Given that you have total control over what lies ahead does not mean that you have the entire world to yourself. There are limitations such as:
- You choose to be lazy
- You get stuck at some point of time
- You give up too soon
These are only some of the factors and hence you need to have a mentor who can guide you. I will touch on this topic soon enough, but for the time being realize that with every opportunity there arises a threat.
Make Money While You Sleep
This is not a scam heading, but a reality. The one advantage people value most in internet marketing and making money online is the ability to rake in money even when you sleep.
This happens according to how wide your audience is, and how well your blog targets the readers and gets them to spend money (which makes you money). That’s like having your local business open 24/7. You may have a e-commerce store and people can buy a product at any time and from any place in the world.
That is like having outlets in each corner of the world; each corner of everyone’s house! If you are too serious into making money online then you can add customer care executives to whom your clients can converse effectively. It will be much cheaper and efficient than having 20 sales representatives out there.
Do Multiple Promotions
You can choose to promote multiple products and earn money online via various income streams. There is no need to be limited to a single product or a range of related products.
Unlike local start-up businesses you have limits to which you can promote something. If you have a pet store it would be pretty misleading if someone walked in to find you selling bed sheets. So you would need another store to promote that product.
On the internet, you either rack up an e-commerce store with everything or just start different websites to promote different products. That is how easy it is. But mind you that the start is easy, it’s what happens after that’s tricky. You need to commit yourself to making money online just like you commit to your local business.
What is the Future Like?
The future is looking bright and no time is too late to start. Start now and do not wait. Here is what Shoemoney, one of the famous bloggers I respect has to say about the future of marketing
- Internet traffic is expected to double over the next five years
- 60% of this traffic will be made of consumers (That’s 340 million people!!!)
- Over 80% of the consumers do at least some shopping (WOW!!!)
So do you want to just wait or jump-start ahead of the people who wait to see others make money from the internet? Start an online business and become your own boss NOW.
Did you know that there is a free give away of the Blogussion theme over at Adarsh’s blog? Head over to the giveaway and enter the contest for a chance to win!
32 Discussions
I think a lot of people think online money equals easy money, whereas the people I know who do really well with their online businesses work a lot of hours to make things happen. The beauty of it is though that the work can usually be done from anywhere and there is not a boss standing over your shoulder telling you how to do things.
Jean Sarauer´s last blog ..6 Things That Get Easier About Blogging if You Just Keep Going
That’s right Jean. Ever wondered why most people who start out to make money online have their first website which is about “making money online” itself?
very True jean..the internet and the websites in them are just tools…if one does not understand how a tool works ,he or she can’t use it right.
money can be made online but is not just surfing the web..it gives leverage but the principles of making money online is not too different from how entrepreneurs make money offline.
Jean has it right. I think without having a boss always looming around, making you stretch one task over the entire work day, you can’t ever focus on being 100% productive. When you work online you have to do everything yourself – that’s when ingenuity comes ins so you can really make your mark.
Murlu´s last blog ..5 Best Benefits Of Working Online
Not having someone to look over you or control you can turn counter productive for many people too. Most freelancers waste much time doing nothing.
Hey Adarsh,
Nice Post man. There are many people, who start blogging for making money online and end with no results. Many people think it’s easy to make money online. But i think it is much harder then any other business because (As Murray said) without having boss, looming around and doing one task over the entire day..!!
“Make Money online takes a lot of hard work and patience”.
Thanks for sharing this great Post.
~Dev
Dev | Technshare´s last blog ..How To Professionally Conduct a Interview?
Yeah Dev. Many people think it’s so easy to make money online. The reason is because so much self proclaimed money making gurus make it seem that way
Great views Adarsh. I couldn’t agree more, and I also felt complimented in some ways, when I was reading the “The Learning Curve is There” part. Then I realized that I was really made for this industry, since I’m always hungry for new things as well as in challenging myself to learn all the important aspects of the business, or perhaps just to learn how things work and reinvent them.
Based on the stats you have given on the last part of this entry, it looks like we’ll all be well off for the next 5 years, I believe so
Thanks for sharing those facts. A good wake up call for newcomers. Enjoyed this one! 5-star!
Regards,
Jason Acidre
I absolutely agree with this post.
The thing I love the most are the flexible hours. You can choose what timings to work at. Some people are really productive in the night, while some are productive in the morning. With a web business, you can choose your own timings.
I also want to point out the myth/concept that “there is no work involved to make money on the internet.”
The internet attracts many ‘opportunity seekers’. The internet is like any other business. If you started a super store, would you expect to make untold fortune of profits from day 1 and that too without working?
Then why do people expect to make untold fortune from the internet and that too very fast, often in the first month?!
The answer to your question is there in my reply to Dev. Most products or money making magical solutions sold entice the readers to think that way. Only when it really comes to the reality people begin to think “Did my magical solution for making money online fail???”
I think many people quit trying to make money online to quickly, it takes time be successful making money online. But once you do it is very rewarding doing something that is for yourself and not somebody else.
Danny´s last blog ..Indian Shores Vacation Rental 106
Yeah, that’s right Danny. It’s something people need to understand. Even Darren Rowse stopped revealing in detail about his earnings because he felt he was misleading his readers.
You made some great points man.
The internet is one of the best places to make money, for many reasons. One being that the internet is constantly expanding and is the way of the future, two you don’t need any resources apart from owning a computer. The internet is where the future is heading and that’s why I find it so important to know as much about it as possible! Haha
CJ
You are right. At the same time the internet is becoming more and more competitive as well.. You need to be REMARKABLE as Glen of viperchill points out
Being your own boss and making money while you sleep. Now those are some real benefits. Yes, you do have to be disciplined but it’s well worth it.
Mike Roosa´s last blog ..Did The Contest Work?
We tend to be lazy and that is the number one obstacle we have to overcome when we start working from home
Being a blogger is great, because you tell random strangers your thoughts and sometimes they want to pay or love you for them. However blogging is only one tool. I believe you can sell anything on the net (look at ebay) but a blog for any online business is essential, otherwise you fall short to speak to your audience.
Great guest article btw!
Blog is to build a community, build trust and share your ideas. Other forms of e-commerce are purely what the name says “Commercial activities”.. When you have a blog, you have a lot more to do and share
these are indeed good reasons. I’d like to also add that I personally can attest to the fact that having an online business enables us to spend more time with the most important people in our lives – our family and friends
Julius´s last blog ..The Challenges of Deaf Blind Internet Users
That is great.. But what I feel is if you are really into your online business, it will take more time away from you. That is what I have experienced. Many bloggers take a break once in a while to spend time with their families.. Sure you can be with them, but do you really find the time to hang around with them like a 9-5 job?
Excellent posts. The internet has made it possible for anyone who has the desire and dedication to run their own business to do just that. You can get started with zero capital.
This being said…If you do start your own online business with no money you must realize that you will have to wear several hats. Including…
Seo expert
webmaster
marketer
copywriter
etc…..
marcus´s last blog ..Ideas for making fast and easy money online – In 6 simple steps
Very informative post! I agree that people should bank on the internet. I watched counteless sites start out slow and grow successful. They all had one thing in common, a niche.
I discovered that banking on the internet is not as easy as 1-2-3 about a year ago. I believe if you have a solid team it could make things easier but not everyone wants to take risk. People are happy with running on the salary treadmill ever day.
Patrick Freeman´s last blog ..Final Destination 2010
you know why i love online money making…because of the fact that I am my own boss….although i have a day job and had never thought of leaving it, i thinks blogging completes me (sounds little philosophical)…
sometimes i wonder how people spend their time on internet without a blog…how can one stick to facebook for 3-4 hours continuously….
seriously, blogging rocks
Tushar´s last blog ..3 Things You MUST Have Before You Start Blogging
Really Great Post!
The truth is already laid out, the earlier you start, the better it is.
Thanks a lot for the great post,
-Onibalusi
I have enjoyed working from home for years now. I just wouldn’t have it any other way. It is a process though for preparing in your head. You have to give up the mentality that only people with money can make money.
Brandon Connell´s last blog ..The 7 step program to becoming a leading blog
Working from home is great. Not only I get to be my own boss, I also am able to spend a lot of time with my family. But you need to get into it as early as possible.
karnivoras´s last blog ..How to pay off loans updated Sun Jun 6 2010 5:31 am CDT
Excellent post there. I would like to say that you can succeed in making money online, but there is a problem. The simple yet powerful factor that deters our success. PROCRASTINATION. Learn to get rid off this and start working if you need to succeed
rebegila´s last blog ..Streaming TV Shows updated Sun Jun 6 2010 1:51 pm CDT
Main thing is you are into that profession which you enjoy most. You can work even at 2 AM or take break for one week.
# You can do your business from any where, no restriction no boundaries. Just you need laptop and internet connection.
ZK @ Web Marketing Blog´s last blog ..Online Strategies for Pest Control Advertising
If you know how to make money online properly, you don’t need to works hard to make it, but, to know how to make money online properly, you must works hard. So, you works hard to learn about it, not to make it.
Reza Winandar´s last blog ..Nikon S210 Black
Yeah I guess.
But I think this is a problem. People are just jumping on the Make Money Online bandwagon without knowing whats in store.
It takes hard work, time and dedication. People over hyped and then think it’s easy.
90% of all blogs don’t even make enough to live from (that included my own)
Stefan Jacholke´s last blog ..4 Tips For Longer Battery Life in Netbooks
Exactly to the point of what will be installed for anyone that has successfully earn a living making money online from home.
it was rather a case of random encounter that i stumbled upon the beauty of internet marketing to make money online.
I mean i have always wanted to be my own boss and not having to deal with the upper heads. I know i wanted to succeed ( to be rich of course ) ever since i don’t know when. I always believe i will.How ? I have no idea.
I ran through books, read up on inspiring stories of money ! stuff like the millionaire mind, rich dad poor dad, bla bla bla… and so the list goes until i stumbled upon one that caught to my attention.
a book about how children are earning more than of their parents!
i found my holy grail ever since. You bet the answer is internet marketing.
It was tough work. having to start learning apparently something new out of my own. from books the internet. Having to stumbled upon a few mishaps but trial and errors are what made me grew faster.
I learn of many ways to make money online but i have to stress the importance of focusing on only one. Nothing beats the power of focus!
Never regretted ever since. Making money online beats the crap out of having a full time 8-5 job! =)
cheers mate
Febap Liew@Making Money Online´s last blog ..The Perfect Guide for Students to Make Money Online
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