Make Money and Live Online

What, you just jumped into the internet business without a business model? Then what happened? Running all types of internet business but still struggling?

I think I know the answer… you had wasted a lot of your time online and the bad part is most of your 9 to 5 income goes down the drain with the so called ‘internet business’.

You’re not making the money you had expected. You are frustrated and feel betrayed by all the good promises you read about earning a lots of money online. Oh boy… what when wrong?

At this juncture there will be two types of personality. The first is the person who will lost all hope in making money online and gave up. The second is the person who is not easily deterred to go forward and take another try and…

…which type of person do you belong to? I just hope that you’re of the second type who never ever give up.

Yes never give up, but first you must put everything it is perspective. You must have the passion on what you’re doing. You must make it clear and be truthful to yourself – are you’re doing online business for fun or profit? Going for both? Really.?? But can you have fun if you failed? So it’s fun only if you’re making a lot of profits but it’s HELL and no fun altogether if you’re slapped with credit card debt from your online business.

Again, if only you’re the kind of person that never gives up easily sooner or later you’ll be making the money you has been dreaming all the while. It’s not difficult to make money online – just copy any proven method that has been used by other succesesful marketers, it’ will work. But, first you must decide which business model you want adopt.

There are a lot of online business models, all you need is to choose one or two which is of your passion and you feel that you will be really enjoy working on it. As an example, doing business on ebay.com is totally different a model if compared to running a membership site, and running a one time firesale promotion is different from making money from adsense sites.

You must know the differences among these business models that are available and choose one or two which you love most. I bet that you cannot do all at once. It’s better to concentrate on one business model and make a lot of money from it rather than trying to go all round but not making enough profit to pay your bills…(LOL… that’s me.. ha ha ha…).

Ok, now let’s see the types of model that you can adopt to make money online. The models that I can think of right now,

1. Selling digital product on your own site ( can be your own products or other people products).
2. Selling digital products or tangible products on auction sites such as ebay.com.
3. Affiliate marketing – promotes other people products and earn commission
4. Run sites/blogs with paid advertisement such as adsense, adbrites, textads, etc.
5. Run directories and charge listing fees.
6. Run classified ads sites (check my site)
7. Create paid membership sites (check my site – free to join)
8. Offer your service – writing articles, creating graphics or websites
9. Selling leads from your sites.

You get the idea? Ok, for now why not sit back and think it over. You must ‘study and calculate’ the pro and cons – the time, money and effort that you’ll be putting in – including the learning curve which is time consuming.

Hey, it’s better to study the model now rather than to be jumping in and out of different models later and waste a lot of you hard earned money and time (this is my bad experience… anyway it’s a good living example for you).

It doesn’t matter if the model you chose is not the same with someone who is successful that you had just read. Go and find success stories on the model that you chose to keep you exited and moving… with passion.

I hope you got my message, choose your business model wisely and read materials which are related to the model that you chose. Avoid reading too much about other models at the same time since this will distract your concentration and thinking on the model that you had adopted or plan to adopt. Remember the first posting of information overload?

Ok for now, and my next article for newbies will be on setting your objectives and in the mean time choose your business model that you love to do.