Can It Really Be Done? – Making Money Online

If you are thinking of looking into making money by running an online business the question that is most likely at the forefront of your mind is…

Making Money Online – Can It Really Be Done?

A couple of years back, I had this same question going around and around in my head…

I had read countless stories of people making millions online without never really having any experience of running a web-based business before.

I’d heard people tell of how they had made a fortune online selling eBooks, seminars or courses.

I had also heard of how easy it was to make money this way, so easy in fact – anyone could do it.

Being the born sceptic that I am, I was not totally convinced by what I had read or heard, so I decided to dig a little deeper and see if this really was a viable business idea. Could the average person in the street capitalise on it and really have a chance of making money online?

After all, I knew if I was going to do this, I would be taking a big risk, investing a lot of time and a fair amount of money in it.

So I Started digging and I found a few names kept popping up on a regular basis, names such as Robert Kiyosaki, Mark Anastasi, Derek Halpern and Andrew Reynolds to name but a few.

These guys are making millions from internet businesses they set up with very little knowledge or investment and for a price they will teach you how they do it.

Now whilst these guys are at the top of the food chain and making unimaginable amounts of money, as I looked at testimonials on their web pages and investigated the individuals they have taught, I found a lot of the people who have learned from the Mr Big’s have gone on to amass small fortunes themselves.

What’s more further investigation showed that there are literally millions of people out there in every corner of the world making money online, pulling in anything from $1000 a month upwards from their own web based businesses.

So, I guess the short answer to the question is a resounding YES!

We now know making money online can be done, but what if you have no idea what you are doing when it comes to computers or the internet. These guys must all be IT geeks right?

Well surprisingly no, not at all…

Whilst some of the individuals who are making money this way have a good knowledge of computers, the majority had very little experience with that side of things before they started and some still don’t, they just outsource those jobs to others who then do it for them.

You see one of the things I learned when I was looking into this is that in order to make a decent regular income from you own online business, you really don’t need any background in IT or qualifications in computing to be successful, just time, determination and a willingness to learn the necessary basic skills required to make it work.

That’s not to say that if you possess all of the above you will make a success of it, in fact for every person that does make it there are thousands that fall by the wayside.

Individuals that start with great optimism and purpose can soon become disillusioned by how much work you have to initially put in, in order to make small inroads.

Why do they give up?

What reason could there be for them to let go of their dreams?

I found there were a number of reasons all but the most driven individuals gave up, but the majority quit for one of three main reasons…

1. Money

When the uninitiated decide to venture into internet marketing they seem to think because it’s all online there will be little or no cost involved.

This of course is wrong. Even though you are working primarily online, usually from your spare bedroom it is still a business, and no business can be run without overheads.

Assuming they already have a computer, expenses are still going to accrue…

Domain names, Web hosting, advertising, building your customer lists, products to sell (if you don’t develop your own) to name but a few that they will initially encounter.

Of course some of these can be done free of charge or ‘on the cheap’ but that is usually to the detriment of the time it will take before they see a regular income, and some people just don’t have the patience to wait.

Which brings us to the second reason…

2. Time

The reason a lot of us decide to give internet marketing a go is because we have been seduced by the stories of individuals making thousands within the first couple of months of starting up.

Although this can and does happen it is the exception rather than the rule, when I was looking into how long it took some of the more well known names to make money I was surprised by what I discovered…

Chris Farrell (Online Millionaire) was one of the quicker ones to start seeing returns after just six months.

Derek Halpern (Online Millionaire) Built his business up for twelve months before he even decided on a product to sell.

Steven Essa (Online Millionaire) took eight Months before he started seeing any returns.

The world of internet marketing is filled with successful people that spent a very long time trying before they saw any returns on their investments.

The moral of the story?

Don’t give up your day job just yet, but don’t give up on your dream either just because it is taking longer than you anticipated.

3. Commitment

A lot of people getting in to internet marketing are under the illusion that they can be successful by working just a couple of hours a day…

Whilst this may be true for the already established internet marketers it is certainly not the case for someone just starting out, in fact you should be ready to put in the (long) hours that will be required just to get everything into place.

If you are already working a full time job this will mean giving up your evenings and weekends and maybe sacrificing time with your family and friends as well as missing out on hobbies and interests (at least for a while).

After you have got everything set up you will then be facing more long hours trying to build up your customer list, keep your website(s) up to date, writing blogs, marketing your products, developing new products etc. etc.etc.

Believe me when I say there is a lot of time and work that you will need to put in, before you get to reap the fruits of your labour.

In Conclusion.

Making a comfortable income online can be done.However it is not for everyone.

In order to make it work you will need a certain kind of resolve and a strong belief in what you are doing…

You will need support from the people closest to you and the right mindset to overcome the challengers that you will face.

When you look at what is involved and consider the sacrifices you will have to make along the way coupled with all the problems and frustrations of finding the right help, advice and information, it is not hard to understand why so many people do give up on their dreams and go back to what they were doing before they had this crazy notion.

Having said that if you go in with your eyes wide open and are aware of the obstacles you will need to overcome along the way and if you understand that it is a marathon rather than a sprint then your chances of successfully making money online will be greatly improved.

Find out what you can really expect before starting your own online business. Download ‘The Five Things You Should Know Before Starting An Online Business’ here.

Genuine Ways Of Making Money Online

Earning money online is not that difficult until we can find the exact sites to earn money online. Also there are different ways of online earning opportunities among which some are more popular than other.

Earning Money Writing Articles:-

Right now there are many sites which provide money for writing articles. Articles may be related to anything. Some sites gives money for writing particular types of articles and some accept any types of articles. Some sites provide information regarding the topic for writing the article. Some people make this as a full time business too.

Generally writing articles is not that easy job and needs a lot of practice. Article writing is something like a boon which can be achieved but you need to follow some rules and regulations. This makes your articles more attractive and people don’t get bored while reading.

Now coming to the payment, some sites after submitting articles gives offer for your articles and asks whether you like it or not. Some sites informs the money you are going to get before you write articles and some sites gives money according to the number of visitors for your article.

Earning Money Completing surveys:-

Surveys are a set of queries which you need to answer. In general surveys are a series of questions for which you need to give your opinion. Generally earning money through surveys is more in US and Canada because more survey sites are concentrated there. You need to complete your profile in which you need to fill some details like your occupation, hobbies, education status, personal details and lot more. After completing these, you are allotted surveys which match your profile.

Generally each survey varies from $1 to $5. The more money you get for a survey the more time it takes to complete. A typical survey will be around 10 to 15 min. Generally survey sites provide individual payouts, i.e. if you earn $2 for a survey your paypal account will be updated with that money. But some survey sites keep a minimum payout and after reaching that minimum threshold you will be allotted checks.

Earn money writing reviews:-

This is also another popular way of earning money. Here you need to register with the companies first before writing reviews. Generally companies want reviews about products that are new to market as people need to know about the product. More review sites like reviews related to computers, mobiles, gadgets etc as they are the more fast moving products.

So coming to the pay that you will be getting for each review will be around $2. Some sites give incentives and some sites give both straight money and also incentives too. Right now this is also a very good opportunity for earning money.

Earn Money Through Blogging:-

This is one of the most popular way of earning money online. Though this is the toughest way of earning money which takes more time to earn, this is best way of earning money. For the first few months until your site gets some traffic you will not be getting any money from your blog. That will be a very hard time until your blog gets some popularity. Once the blog gets popular then people can start earning money.

Right now its hard to find good blogs because they need to be updated regularly. Generally developing blogs need some patience. Once the patience was lost its difficult to maintain the blog. Generally blog owners, from the starting of the blog try to earn money since the blog has started and if they can’t earn then they loose interest and the blog automatically dies. So, it’s something like a business which needs more patience.

Earn Money By Affiliate Marketing:-

Affiliates are something like a part of a company and the way affiliate marketing works is simple. You need to promote the products they give and if people buy those products from you, then you will be given some percentage in the sale. This is one of the difficult businesses but which can produce shower of dollars if you know the secret. Right now on the internet there are very good tutorials for learning the tricks. So this is also a good way to earn but right now there is a big competition to make money like this. Hence if you are opting then you will enter into a fierce competition and if stand top from the peers then you can see the full time earning opportunity and you can quit your job.

Earn Money Participating In Forums:-

This is also a part of online earning opportunities, which is gaining its craze in the last few months. Right now there are many forums which are giving money for participating. So people are participating in many forums at the same time so all the collected earnings will give you handsome amount of money. But for writing in forums some rules should be followed. If they are not followed then the administrator of the forums will ban the accounts. Hence if the rules are followed correctly then its easy to earn money from these forums. Right now we can earn simultaneously in three ways at the same time actively participating in forums.

It is sure a very good part time and even can convert to a full time if you are to totally dedicate.

So these are most prominent ways of earning money online from which making big money is possible. Hence visit this site to know more about Online Earning Opportunities and also sites which helps you in making money online

How to Make Money Online: Making Money Online Is Not Easy

Making money online is not easy. Even if you read books about how to make money online, it is still not easy. One of the biggest mistakes a person can make is to believe the hype gushing from people who want to offer you this program or that plan when all they want is your cash. Here is the truth, along with some tips if you are really serious.

Making Money Online is Not Easy!

Yep, the same as the title, that’s because it’s true. It is also true that lots of people make money online using what is vaguely referred to as ‘internet marketing,’ but many times more fail to make even what they outlay.

It’s like slots – put in a $100 and get an $80 drop and you say you won. Did you heck! Pay $12 for web hosting, another $49.99 for an eBook on how to make money and $50 on AdWords advertising and make a sale of $9.99 and you think – “Hey – this could just be what I am looking for!” Forget that you are already down $102!

It can get even worse, because when you start online marketing, you already have hundreds and thousands of people trying to do exactly the same as you – in your niche. If you want to know what competition you have, select a keyword that most describes your business and enter it into the Google search box.

Check the Competition: It Can be Humbling

Check out the number of other results just under the search bar. My keyword ‘article services’ provided 3.17 billion other results, which is an indication of my competition for the concept of my website. When I seek the competition for the exact term by putting the search term in quotes, thus: “article services”, I get 234,000 other web pages using that exact keyword.

This will let you know what you are competing against. It’s discouraging, and almost enough to put you off even trying – almost! If you are still serious about wanting to learn how to make money online, then you at least have a chance- but it won’t be easy and it won’t be quick.

Sure, you read about these guys that have made millions shortly after using their new system! They even provide proof! Photoshop and its clones can provide as much proof as they need to persuade you that their program or ‘system’ is the best thing since sliced bread!

My Learning Experience

Yes, many people are able to make money in affiliate marketing – selling other people’s products for a commission. They are fundamentally salespersons who get paid for each sale. When I started out in internet marketing 8 years ago, I paid $12,500 to Cory Rudl’s mentoring program. I was mentored by a guy in Canada. He taught me what is now common knowledge: how to start up a website and advertise it – that’s about it.

This guy was getting paid for teaching me what everybody already knew! Only I was too na├»ve to understand that I had very little chance of making money by doing what everybody else was doing. I failed, and do you know why? Here’s why:

I decided to try affiliate marketing. It’s easy: sell somebody’s product and get paid for it. All these products have a high demand I am told, so I cannot fail. I failed! Then I came across this ‘unbeatable offer’ for software that would source the most profitable affiliate products. Only $99.95! Did it source my profitable products – nope! Then this rich jerk sold me a book showing how he did it – total con – it was what I was already doing, so total failure again!

Making Money is Not Easy…

But it can be done! If you have a skill (mine is writing) and there is a demand for that skill online, then you can make money. Sure, you hear about the successful affiliate marketers, or people teaching others how to make money online. What you don’t hear about are the millions upon millions of others that not only don’t make anything, but they lose money they can’t afford to lose.

Use Your Skills and Knowledge

However, if you have a skill:

  • You are great at crochet or quilting
  • You are a snowboarding expert and can sell advice and equipment
  • You are a children’s entertainer that kids adore
  • You are a martial arts expert starting you own dojo
  • You are a retired teacher offering tuition
  • You are a great writer, and can write bespoke children’s story books or web content
  • You are an expert in any topic or subject and can offer online training or eBooks

then there are millions of people out there looking for what you are good at. Don’t try to copy what others are doing, but be yourself. Do your own thing, and offer it online. Don’t spend $199.99 for the next great way to make money – it might work for 1%, but the other 99% just waste their cash.

How to Make Money Online – Summary

So, to sum up, I make money online writing articles and web content for my clients. Before I realized that I should be using my writing skills, I learned a great deal about failure, and what should be avoided.

Unless you have no skills or knowledge whatsoever, use what you know about and focus on that. It took me time to realize that and start ignoring those who would make me a millionaire – it doesn’t happen! I maxed all my credit cards (why did they give me them?) and have only recently finished paying them off and building my credit score back up.

Making money online is not easy, and forget those that will teach you how to make money online selling other people’s products that another 100,000 are also trying to sell. The statistics say you will likely lose your money – and some even lose their homes! Use the skills and knowledge you possess. Somebody wants to make use of these and you can sell it to them.