Jumat, 27 Mei 2011

How to Make a Living Online - and How Not To!

"I make a living online!"

That's a statement right? Right!

But is it a statement of fact?

Who knows?

Well, I do because I know it's true, but how do you know I'm telling the truth?

You don't of course. But there are some things you can look for that will help you decide.

How often have you seen something like:
"Make a ton of cash - now!
No selling
No MLM
No stock to buy
No customers to deal with
Join our upside-down, instant-cash matrix now and get rich!

It goes without saying that the above is dubious to say the least. Yet, many people fall for ads like this on a regular basis.

So, the old saying "If it looks too good to be true, it probably is", could be words of wisdom.

Golden Rule: Go with your gut feeling.

Let's get down to brass tacks (sorry about that, my parents are English and they talk in a strange tongue which rubs off on me sometimes).

Grade these statements:

1. Anyone can make a living online!
2. You don't need capital to start a business!
3. It's much cheaper to start a business online than in the 'real world'!
4. You don't need to sell products or services to make money online!
5. You can make money instantly online!

These are my thoughts on the above:
1, 3 & 4 - generally speaking, true.
2 & 5 - generally speaking, false.
An observation about 1 above is to make a distinction between 'making money' and 'earning a living'. The former could be a one-off 5 cents, while the latter could need to be $100 per day, depending, of course on individual requirements.

My dad often say's; "you don't get owt for nowt!"

Translated into American English it means; "there's no such thing as a free lunch!"

Never invest in an opportunity that you are not sure about. Instead, find something that you are interested in and will enjoy doing. In other words; do what you like doing, and the money will follow.

"Okay Adam", I hear you say, "get to the point".

The point is this:
If you expect to make a living online without doing any work and without spending any cash upfront, go get a 'proper' job instead - preferably one that allows you to daydream a lot.

Hwever, if you're prepared to spend some time, researching, listening & learning and have allocated some kind of budget (we're not talking megabucks here), then it's perfectly feasible to make a living online.

I started an enterprise about seven months ago with $300 and it's now earning me $500 per month residual income and growing. It took some hard work and a steep learning curve at first but now it's got into gear and I could virtually leave it alone to keep increasing month on month.

The Internet is a fantastic source of information - it's up to you to find that information and decide whether it's worth using or just more 'pie in the sky'.

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