Wait... what? Back up a second. Having a lot of options isn't always a good thing? The trouble with having a great deal of viable money-making options is that most new online business owners want to try them all. I know I did. I started making money with one method, but instead of sticking to only that method, I heard about something else that worked and tried it. And guess what... that made me money, too!
I got to the point where I was earning a few bucks here and there employing all these various strategies, but I never mastered any of them. As a result, I was earning around $400-600 a month. I was able to pay my rent with it, but little else (actually, nothing else). That's certainly a good thing, but my goal was to quit my job waiting tables, and this was hardly the kind of income that would allow me to do this.
Eventually, I wised up and made the commitment to stick to just one thing and work it ferociously and consistently. That single decision, combined with daily action, enabled me to stop working for wages and start working for profits... full time! It feels awesome knowing that I won't ever have another boss again (unless the internet ceases to exist) and that I can work when and if I want.
Okay, so enough about me. Today we're going to talk about how you can make money online. And this stuff is 100 percent legal, ethical, and effective. There's no scam you need to worry about, as you never need to pay so much as one cent to make your living online. But it's up to you to put it into action and make it work for yourself.
How Can I Make Money On the Internet? Here Are 3 Powerful Ways:
1. Provide an online service to internet marketers. There are thousands of online product owners and affiliates (more on this in a moment) who've got their wallets open and are just begging for help. They need articles written, links to their websites, videos and graphics, proofreading, blog commenting, and all sorts of other little tasks that you can do for them in exchange for instant cash deposited directly into your PayPal account. In most cases, they'll even pay you before you do their work!
2. Buy low, sell high. This is the life's blood of virtually every retail business on the planet. It can be particularly lucrative online. Once upon a time, folks used to hit their local thrift stores, antique shops, and yard sales where they could find little treasures to sell. They would then polish these items up a bit, list them on eBay, and make a nice profit.
Today, this is still practiced, but it has also extended to Craigslist and even the services market. If you can display just the tiniest bit of creativity, there is no limit what you can accomplish with this business model. Of course, doing this with physical products may require travel, inventory stocking, and shipping responsibilities. Therefore, this certainly isn't for everyone.
3. Internet marketing. This is easily my favorite method of making money on the internet. It's fun, relatively easy, and can very feasibly be transformed into a passive income that can last for years. I have websites and articles that I put together in 2008 that are still putting money in my bank today, with absolutely zero intervention on my part! Work once and get paid over and over again.
There are many different individual business models that fall into the category of internet marketing. The main ones are CPA marketing, contextual advertising, product creation and promotion, and my fave of all faves, affiliate marketing. How can I make money online with no product or website of my own? Affiliate marketing is the way.
In essence, you simply find a product you would like to promote (there are literally hundreds of thousands of them to choose from), write simple articles or make videos or choose a promotion method you're comfortable with, and then encourage folks to click on your special affiliate link. When a sale is made, you are paid a commission.
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