How to Start Making Money Online
How can I start making money online? That's the question
I wanted to answer before I counseled my friends or
took the plunge myself.
It was not too long before I found the answer. It
was really quite simple.
In every case of failure I studied, people started
off with the wrong strategy. And as they say in
the venture capital business, "If you start
with the with wrong strategy, no amount of effort
will succeed, short of changing the strategy."
A strategy is the steps you take and the order in
which you take them. To accomplish a given goal
Someone like you, with little or no capital, can
now start a business that will make as much, or
more, than companies that were started with millions
of venture capital dollars and teams of talented
people. This is truly a revolutionary time in business
Here are some options for online wealth:
Create an Online Store - With an online e-commerce
store there is no need for a physical retail store.
No need to pay rent or employees and no need to buy
product. The automated software is thirty times CHEAPER
and works 24 hours a day and takes no vacations. Now
that's leverage - doing more work with less effort!
All you need to do is make a deal with a company for
a particular product and have them drop ship the product
directly to your customers. You simply pass the order
details to that product distributor and you make a
commission on the sale of that particular product.
A Yahoo Store can make this process simple for any
newbie online entrepreneur. You can find out everything
you need to know about a Yahoo Store at http://smallbusiness.yahoo.com/ecommerce/.
For under $40 a month, starting a business couldn't
You'll be able to build a website that operates twenty-four
hours a day, displaying an online product catalog
that automatically takes orders over the Internet,
collects the money online from credit cards, and forwards
the orders to the product distributor for mailing
to the customers. But best off all, instead of having
a potential market of people who live within 25 miles
of your physical store, your potential market has
expanded to the hundreds of millions of people on
the Net, from all around the world.
Create Your Own Products - People like you can create
new businesses, selling information products AKA
e-books to customers around the world, with little
or no capital. If you have knowledge about a particular
topic you can write a book about it or hire someone
from sites like www.Elance.com or www.Guru.com.
There are thousands of writers willing to do the
grunt work for you. You simply pay them a couple
hundred dollars. Then once the book is completed
set up a link checkout system with sites like www.ClickBank.com.
Once people looking for the information you have
written about land on your site or someone else's
site that is selling your product and then purchases
your product, you get paid! Think about it, this
is an automated process. Once you set up everything
once, you never have to do it again. All you have
to do is get the traffic and sales then sit back
and collect your checks! And best of all, you can
make as much money, and in most cases a lot more,
than the same 'offline' bookstore business that
requires 75-to-90 percent more capital to start.
This has never been possible before.
Join an Affiliate Program - An affiliate program
is simply a program that allows other website owners
to earn a commission from a sale of another website
owners product simply by placing a linking code
on their website. If a visitor clicks on that link
and makes a purchase, than the affiliate makes a
sale but also the person promoting that affiliates
product will make a commission from that sale simply
by referring that visitor to that particular link.
Starting to make money online is attainable if you
have determination, persistence and faith. Are you
beginning to see why online information businesses
are your best prospect for making some serious money
to transform your financial outlook? Now you're beginning
to understand the power of the Internet and why so
many people are going online to seek their fortunes.
About the Author:
Wayne Van Dyck is a former venture capitalist and
serial entrepreneur. As an online infopreneur, he
is the founder and developer of http://www.SimpleMoneyMachines.com.
Simple Money Machines is the first complete Internet-Business-In-A-Box.
-- Simple Money Machines provides all the technology
and training required for people getting started online.
To get a FREE copy of "EARN WHILE YOU LEARN -
The Two Step Automated System" go to: http://www.SimpleMoneyMachines.com.
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