This a post by a friend of mine to answer some questions on making money online. I believe it will be of great benefit to you.
1. How do you know you'll eventually make enough money online to buy you a new house?
Great question. Answer: to generate big dollars you've got to play big, not small. This means operating with a business model that's proven to generate big dollars online.
Within the niche you choose, figure out who's already playing big in that niche and study their business models. Go deep into their funnels. Understand what's generating serious revenue for them. Then commit yourself to duplicating the same core model with your own brand, spin and flare.
2. Okay, you made money this month, but what makes you think you'll make money next month also?
Again, this comes down to the business model you choose to operate with. The ONLY way to make money in this business (like any other) is to make sales. Period. If you want to make money month after month, you need to make sales month after month.
Nothing complicated about that concept. But it's a matter of committing yourself to setting up the systems that will allow it to happen. Having at least one component of recurring or continuity income doesn't hurt either.
3. You can't make money just by staying home and hitting some keys on the keyboard!
That's 100% true... unless the keys you're hitting are providing a specific customer audience with what they desperately *want* at a price they are ready and willing to pay. Again, this ain't rocket science.
4. If all will start to make money online, what will be your chances?
Not all will. In fact most won't. That's the cold hard truth. Only those who want it badly enough ever get it (as with everything else).
5. Show me the money, then I'll trust that you can make money online!
Look everywhere and you'll see money being made online hand over fist. If money couldn't be made online Google wouldn't be the massive giant it is (hint: over 90% of their revenue is from advertisers... people spending money for online ads because they're making *money* from those ads... aka making money online)
The evidence is already there. Anyone who says there's no evidence money can be made online has no understanding of business whatsoever. Then again, most people don't.
6. Even if you make money, you'll lose a lot of them by paying taxes.
True. Taxes are a necessary evil. This is why you need to make even more to offset them.
7. Wouldn't have been easier to have a job, like all normal people?
Perhaps. And yes, a job is the better answer for a lot of people. Why? Because most people don't have the stomach or the commitment for the entrepreneurial game. That's the truth.
8. You've never done IM before. How do you know where to start and what to learn?
Model what's already working.
Model what's already working.
Model what's already working.
9. You're too old to start making money online. There are younger people who'll outsmart you.
Age means NOTHING in this game. Commitment, follow-through and fulfilling customer wants mean everything. Period.
10. Now you want to make money? In recession?
Why not? With traditional industries, institutions and business models crumbling before our eyes, and the internet changing the entire face of business, tell me why now isn't the BEST time to do this?
Ken
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