To make money online, good research is crucial. Any online venture should be looked upon as a business rather than a hobby - and the distinction is crucial. In a hobby you might be prepared to spend any spare money, whereas in a business you will look upon any purchase with a much more critical and realistic eye.
The second you start researching this topic you will find numerous e-books and software being advertised, claiming to show you the special secret to make you rich. You don’t need it. The reality is that much of these e-books are being “on-sold” by people who are using those e-books as the method to make themselves rich. Often times the content will either be out of date (methods that worked 2 years ago may be no longer useful) and/or simply a cut and paste job of random information from around the internet. Would you pay $50 in a bookshop for a book that was a total mystery to you?
Or maybe you are tempted by the guaranteed method to “beat on the online casinos” offered on some websites. This may or may not work - I haven’t properly tried myself. But do bear in mind these procedures require a disciplined approach that can often go against normal human nature i.e. on spin 100 of the wheel you may bet on the wrong colour, and lose all your hard earned money.
Save your money - the information is out there and best of all, there is enough free information on the web. Spend some time on google, and find out what works. Undoubtedly some methods require a little more technical know how than others, but there is something for everyone.
For me, phase 1 will focus on the affiliate marketing stream. Simply put, you help established sites sell more of their products, and you get rewarded for each sale that is made. I have chosen this concept myself because I know that I am reasonably comfortable with the internet … and chances are that if you are reading this, you are too.
At this point in time, I have spent most of the evenings of the last week researching … and I believe it has paid off big time, to the point that I am now ready to go and get this business started.
In the next installment, I will describe the setting up of the business … in the mean time, some useful areas to research on google are :
- affiliate marketing
- clickbank
- adwords and adsense
- making money with blog sites
… and any and all combinations of the above.
Take the time … more time spent now will have bigger rewards in the future.
leave a reply