Making Money Online: Three Key Factors That Guarantee Success
Somewhere, sometime, you would have surely come across websites or emails screaming out loud: "Make money while you sleep", Make millions in minutes", "Mint cash while you are relaxing in your pajamas/underwear at home", and lines like that. Nine times out of ten, these lines will easily hook you in immediately. And, once you're hooked in, you'll be enticed with photographs of under-25 year old kids in their own private yachts, yuppies driving the latest Mercedes Benz Sports model, etc. – luxuries that the websites will say these Richie Riches purchased from the obscene money they earned by joining these "Get Rich Quick" websites.
Get rich promises such as these, and misleading but enticing web copy are pure banana oil and the photographs you see are not the real thing – most likely they are pictures of yuppies on the dole who're desperate to make a few bucks. If you've signed up for such a scheme, then nothing could be further from the truth but for the fact that you have been dealt a sucker punch. And, you're sure to see your hard-earned money flushing down the drain because the "get rich quick" site loaded you with stuff that's impossible-to-sell.
Where do you go from here? You want to make money online but you've just been told that the guys who are filling your ears with get rich promises are hanging around on the web trying to get rich themselves! So, are there any chances that an excited Internet entrepreneur can become a millionaire? The answer is YES. Any Internet entrepreneur can realize his dream into reality provided he sticks to the tasks and builds in the following three key factors into his online business model:
Key Factor # 1: Invest Time
An Internet entrepreneur has to put in some time into his site. An average 2 hours per day must be invested into the site on adding content, checking statistics, building links, maintenance, marketing the site, submitting it to directories, etc. The results are sure to follow – but not immediately. The entrepreneur must have the patience for at least 4–6 months for the money to start rolling in.
Key Factor # 2: Invest Money
The only thing that you can expect for free is oxygen – and even that's running out nowadays. So, if you are an Internet entrepreneur and are serious about doing business online then you must invest money in it. A good website has to be neatly designed and flawlessly programmed. The domain name needs to be purchased, the website needs to be hosted on a robust server, the site needs to be marketed and payment gateways need to be built in.
The good news is that designing and hosting a well-built business online does not cost as much as it used to a year back. To be realistic, it will cost you a few hundred bucks (excluding marketing costs) or so to set up an online presence, but this money is worth spending. If you do not invest any money into your website, you will get back nothing in return.
Key Factor # 3: Invest in Knowledge
If you are new to the Internet, and if you are hell-bent on establishing an online business, then you have to learn how Internet technologies work and you must keep yourself up-to-date with the latest Internet trends. Of course, no is asking you to learn programming languages, but you must at least know what they are all about and how they can help turn your website into an user-friendly one. Think about an Internet business as another profession, for example, a doctor's profession – If you want to become a doctor, don't you have to go through the grind before you graduate? The same logic applies to an Internet business too.
These are the three key factors that can help you succeed in your online mission. So, go right ahead and develop that killer website you feel will make you a millionaire – but go about it with a business-like approach and not as a casual pastime. Keep in mind the three key factors listed above and in time, you will come out trumps.
By Adrian -- The Key member of Internet success network
Tuesday, May 15, 2007
Wednesday, May 09, 2007
Internet Business – Earn Your Living
Experiencing success online is possible. It’s not a dream, and that means you probably won’t be sitting in your underwear at your kitchen table making hundreds of thousands of dollars online. If you want a successful online business the first thing you’re going to have to do is recognize that it will have to be run like a business. Too many people are giving poorly thought out, mostly false, information about how easy it is to succeed online. It’s a business so you’ll need a solid plan, an excellent work ethic, and the vision to know when adjustments are called for.
Here are some tools to help you improve your chances for online success.
First, unless you invent, fund, and create your own products or services, you’re probably want to go with a formula that has already proven itself to be successful. You can sell the products of another company and collect a nice commission on every sale. In the online world it’s called affiliate-based selling. It’s similar to owning a franchise in the offline world, except it’s easier and cheaper to join an affiliate-based company.
If you’re going to join one of these companies do some research and choose one that has been successful, is something that you would buy, and also make sure it has a generous compensation plan in place. A good commission is about 15% and up. Also, make sure that the company has an effective support team in place, ready to help you along your way. Talk to current successful affiliates of the company if you can. Choosing the right affiliate-based company can be the most crucial component to your online success.
The next thing you’ll need is a webpage of your own. Some people say it’s not necessary to have your own website, but if you want to have a successful online business – you’ll need it. There’s no excuse not to have one in 2007, so if you’re a seller and you don’t have a website, people will be suspicious of you and you are guaranteed to lose potential customers. You can get a domain name for under $10. You can get a webhost for under $20 per month, and you can even get a nice-looking, professionally designed homepage made for you for around $100. I’m not here to push one company over another so do your research or contact me if you can’t find anything in your budget range.
Once you have your website up, it’s time to get people to visit. It’s time to start marketing. Now, there are more and more methods of driving traffic to your website invented everyday, but there are some tried and true tactics that have always been around. Email marketing is one such method. As you develop a list of email addresses from people you know or who have entered it on your website, you can send them emails promoting the products you showcase on your site. Just remember to always include a way that people can choose to stop receiving your emails. It’s the law. It’s ethical, and it’s good business. You can also market your website by using Article Marketing, Forum Marketing, Banner Advertising, and Link Exchanges to promote your website, but I’ll go into more detail about those methods in another article.
The next tool you should use to help you succeed online is to become a student of those people who are already successful Internet business owners. How was their situation similar to yours? What helped them succeed that you could do as well? What made them better? What made them stand out? Remember, in life you are always going to be learning, and that goes doubly for life in business. Whether you need to read books, get interviews, or listen to audio programs – always learn from those who have already succeeded.
The final, and possibly most important tool you must employ, is other people. Find those other people who have similar interests, desires, and goals, and team up with them. Napoleon Hill – author of “Think and Grow Rich” – called this practice of gathering with similar people, the forming of your ‘Mastermind Group’. He knew the importance and significant benefit that naturally occurs when people of like mind come together to reach an objective. That’s where the saying: “Two heads are better than one” comes from. Meet on a regular basis with your group – once a month or once a week. Talk about each other’s goals and progress. Share ideas and insights. You help them with their goals and they will return the favor. It’s a powerful tool that largely goes unused.
You have the tools. Is there more for you to learn? Absolutely. Yes. But you can use just the information from this article and have 90% of your business up and running. Success online is possible, and if you do something with the tools you’ve just learned, your success will go from possible to PROBABLE.
By : Alex Chan
Alex Chan an Internet Marketer, with his team “Internet success network” helping many to achieve success on net. www.chanalex.com or www.internetsuccessnetwork.com and www.successwithu.blogspot.com
Experiencing success online is possible. It’s not a dream, and that means you probably won’t be sitting in your underwear at your kitchen table making hundreds of thousands of dollars online. If you want a successful online business the first thing you’re going to have to do is recognize that it will have to be run like a business. Too many people are giving poorly thought out, mostly false, information about how easy it is to succeed online. It’s a business so you’ll need a solid plan, an excellent work ethic, and the vision to know when adjustments are called for.
Here are some tools to help you improve your chances for online success.
First, unless you invent, fund, and create your own products or services, you’re probably want to go with a formula that has already proven itself to be successful. You can sell the products of another company and collect a nice commission on every sale. In the online world it’s called affiliate-based selling. It’s similar to owning a franchise in the offline world, except it’s easier and cheaper to join an affiliate-based company.
If you’re going to join one of these companies do some research and choose one that has been successful, is something that you would buy, and also make sure it has a generous compensation plan in place. A good commission is about 15% and up. Also, make sure that the company has an effective support team in place, ready to help you along your way. Talk to current successful affiliates of the company if you can. Choosing the right affiliate-based company can be the most crucial component to your online success.
The next thing you’ll need is a webpage of your own. Some people say it’s not necessary to have your own website, but if you want to have a successful online business – you’ll need it. There’s no excuse not to have one in 2007, so if you’re a seller and you don’t have a website, people will be suspicious of you and you are guaranteed to lose potential customers. You can get a domain name for under $10. You can get a webhost for under $20 per month, and you can even get a nice-looking, professionally designed homepage made for you for around $100. I’m not here to push one company over another so do your research or contact me if you can’t find anything in your budget range.
Once you have your website up, it’s time to get people to visit. It’s time to start marketing. Now, there are more and more methods of driving traffic to your website invented everyday, but there are some tried and true tactics that have always been around. Email marketing is one such method. As you develop a list of email addresses from people you know or who have entered it on your website, you can send them emails promoting the products you showcase on your site. Just remember to always include a way that people can choose to stop receiving your emails. It’s the law. It’s ethical, and it’s good business. You can also market your website by using Article Marketing, Forum Marketing, Banner Advertising, and Link Exchanges to promote your website, but I’ll go into more detail about those methods in another article.
The next tool you should use to help you succeed online is to become a student of those people who are already successful Internet business owners. How was their situation similar to yours? What helped them succeed that you could do as well? What made them better? What made them stand out? Remember, in life you are always going to be learning, and that goes doubly for life in business. Whether you need to read books, get interviews, or listen to audio programs – always learn from those who have already succeeded.
The final, and possibly most important tool you must employ, is other people. Find those other people who have similar interests, desires, and goals, and team up with them. Napoleon Hill – author of “Think and Grow Rich” – called this practice of gathering with similar people, the forming of your ‘Mastermind Group’. He knew the importance and significant benefit that naturally occurs when people of like mind come together to reach an objective. That’s where the saying: “Two heads are better than one” comes from. Meet on a regular basis with your group – once a month or once a week. Talk about each other’s goals and progress. Share ideas and insights. You help them with their goals and they will return the favor. It’s a powerful tool that largely goes unused.
You have the tools. Is there more for you to learn? Absolutely. Yes. But you can use just the information from this article and have 90% of your business up and running. Success online is possible, and if you do something with the tools you’ve just learned, your success will go from possible to PROBABLE.
By : Alex Chan
Alex Chan an Internet Marketer, with his team “Internet success network” helping many to achieve success on net. www.chanalex.com or www.internetsuccessnetwork.com and www.successwithu.blogspot.com
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