Blogger BlogNet23975

Is it Still Possible to Make Money Online?

Published Thursday, October 9, 2008 by bloggerblognet4542 | E-mail this post

The answer to the question is a resounding yes. It is still very very possible, easy even, to use the internet to generate a healthy online income. For instance, I published a new small website this week which took me about 10 hours to author and publish and it earned $40 in just 2 days with minimal effort marketing or promoting the site. The website focuses on marketing a niche health related product. I am confident that this site will generate an consistent income of about $400 a month and there is very little that I need to do now that it is up and running. This is just one of many projects that I am working on at the moment. 10 projects with a similar success rate would generate $4000 per month; 50 projects with a similar success rate would generate $20 000 per month.

In my opinion the secrets to successare simple.

Firstly, don't try to beinnovative and creative. This takes time, and time is money. Just copy the methods that others have used. Many successful entrepreneurs are prepared to reveal the secret to their success for a fee and there are many ebooks available from some of the nets biggest successes. It's just a matter of finding the decent advice amongst the not so good advice whichpollutes the net. This is difficult! However, having spent many hours researching and trying some of these methods, some of the advice is absolutely fantastic and really really works. I use many of the methods that I have learnt from these invaluable resources.

Secondly, think small to earn big. Aproject that generates $10 a day is successful. Rinse and repeat over and over again and it all adds up to a substantial amount of money.

In my experience I have personally never been able to make decent returns from online auctions - millions upon millions people sell this way as a hobby and a prepared to do so for tiny returns. This makes it difficult to earn enough to make the effort worthwhile. In addition, I have never been able to generate any income via e-commerce or dropshippers. The web is heavily dominated by the big boys which makes it impossible to compete in terms of price or the quality of service, unless you find a niche which can be readily exploited.

There are however opportunities and methods out there which really work. You just need to find them!

Andy is an amateur web designer who has established methods of using the net to generate multiple streams of online income. He is associated to the website http://www.smallonlineincomes.com

Blogger BlogNet23975

Is it Still Possible to Make Money Online?

E-mail this post

0 Responses to “Is it Still Possible to Make Money Online?”

Leave a Reply

Blogger BlogNet23975: Is it Still Possible to Make Money Online?

Previous posts

Archives

Links