11/8/07

How To Really Make Money Online


It seems to be all the rage recently. Everyone thinks that they're going to make money online by setting up a website, throwing up an offer and some content and watching the big bucks start magically rolling in, but anyone that is actually making money online knows that it's hard work and there's no such thing as "magic money". So what exactly do you need to do to make money online? Well, the first thing you need to do is roll up your sleeves. No, I'm not talking about getting ready to go to work, I'm talking about getting ready to duke it out with the many thousands of other aspiring new Internet marketer's that want to start by stepping all over your toes and then work their way up until you submit and either quit or look for another niche. Yes, in some markets it IS that competitive. Don't get discouraged though. There's still plenty of pie left so you can still have a slice of it, but you'll need to start by doing the following things. Read on...


#1. Find your real passion in life, or at least try to. Many experts will tell you to come online and do what you love to do to make a living. That's all well and fine, but if the market that you love is saturated with half a BILLION others that "love" it as much or more than you do then you're probably going to be disappointed. However, it doesn't mean that you still can't do something that you "like" to do, "enjoy" doing or know a lot about. Make a list of 10-20 things that you love, like, enjoy, don't mind doing and know a lot about and then research them until you find something that's not too competitive and where there's some competition already. Competition is a good thing because it means that people are making money in that market. Also, make certain that you've got a product or service to sell that people WANT, not "Need". Trust me on this one.

#2. Find someone else that's successful at what it is that you want to do and mimic everything they're doing. Buy every book, ebook, course, ect. that this person has to offer and then see if they offer "one on one" mentoring. Make certain that what they're doing is realistic first. I do NOT recommend MLM, Network Marketing, Pyramids or anything like them.

#3. Get ready to work your rear end off. I still put in 50-60 hours per week, but I also enjoy what I'm doing. You'll get to a point in your business where you can begin outsourcing quite a bit of it. This will free up more of your time to either spend with your family, focus on new projects or simply enjoy life.


There are a few "gaps" in this plan that will need to be filled, but that's really about it in a nutshell. Make certain that there's a market for what you're trying to do, make sure there's some competition, find someone who's doing well in it, learn everything you can and get to work. Best of luck to you!

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