Spreading Yourself Too Thin While Trying to Make Money On The Internet Can Leave You Broke

January 15, 2009 · Filed Under NetBiz Handbook · Comment 

When you first start learning about how to make money on the internet, temptation can take over and send you to a lot of dark places on the net.  For example, you are probably getting bombarded with information about how you can virtually make money overnight.

You see pictures of some guy laying on the beach; he’s all relaxed and sipping on a drink.  And all you’ve got to do to be like him is buy ‘XYZ product’ and just push the button.  And boom! Money is falling from the sky..ha ha!  That is some funny stuff.

I mean if money is going to fall outta the sky on you, why does it always have to involve you giving it away first?  Hey, greed can some times get the best of us.  The trick is to not give in to EVERY temptation that you THINK will end with overnight success.

Seriously though, do you really think that you can make money on the internet by tomorrow night if you still don’t know what the left and right buttons on your mouse do? Do you really think that success is waiting for you on the other side of the door ‘instantly’ if when I say words like FTP, upload, download, hosting, registrar and domain name they just draw a blank for you?

Straight to the point here…You have to master some basic skills before you can move to the more advanced methods.

That’s one of the tricks I’ve seen.  They sell something to you that potentially could work, but you just haven’t crafted enough skills and experience to have the first clue as to what to do.

There are so many different ways to make money on the internet that you can get caught up jumping into too many different things and wind up not making a dime.  Setting up and running an internet business itself can be challenging, and with the added pressure of the ‘learning curve’ you will definitely have a lot on your plate.

Master It, Make Money And Then Move On….

That way you will have at least recouped your investment.

The more internet business ventures you get into without mastering each one, or at least getting a very clear understanding of what its about, the more chances you have of spreading yourself too thin and slowing down or even completely halting your progress.

It’s just like when you were a baby.  You had to learn how to roll over first, then you crawled, then you walked, and then you ran.  Could you imagine a baby trying to run without having learned to even roll over yet?  The baby still has other things to learn while he’s preparing himself to start running.  He has to learn how to hold his head up, how to control his limbs, how to hold his bottle, and how to communicate.

It will be the same with your business.  You have a lot to learn and juggle so start with just one or two streams of income.  Master those first, get a good automatic income stream going, and then add more.

More Interesting Reading:

Best Guidebook to Making Money Online With Internet Marketing … - Make money online is what many many people dream. The idea of working online gives us a lot of benefits such as the freedom of working at your own pace, working.

5 Ways Teen Entrepreneurs Can Make Money | Teen Checkup | Internet … - Here are 5 ways budding teen entrepreneurs can make money without even a dime to their name.

How to make money on the internet without being a couch potato … - Okay, so you’re figured out this making money on the Internet thing and the cheques are coming in nicely, and you’re probably boasting to your friends about how you don’t have to be a wage slave or go into the office any …

6 Easy Steps to Make Money Online Even If You Are Dead Broke!

December 30, 2008 · Filed Under NetBiz Handbook · 3 Comments 

How do I get started? I’m dead broke!

First of all, are you really serious or are you being led by the nose from something you’ve read about getting rich overnight? If it’s the latter, then this article ain’t for you.

Okay, so if you are dead broke, busted, disgusted and you really want to make some money online, here are 6 easy steps you can do without spending one single penny:

Learn Basic SEO (search engine optimization) Techniques

Head on over to Cre8siteforums and read up on starting the SEO process and also a quick start guide to SEO. Then check out SEOmoz Beginners guide to SEO. After reading these you should know the very basics so that you can implement some of these strategies from the beginning.

Keyword Research

Wordtracker, one of the most popular keyword research tools, has a free service that you can use to dig up some keywords. Google has a free keyword tool also, so visit them and more than likely you will discover different keywords between the both of these.

Join Clickbank

Clickbank is an online retailer that specializes in digital products (ebooks, games, software, etc,) that you can buy and download immediately after purchase. They also have a free affiliate program that you can join and promote their products to make commissions.

Find A Good Product To Promote

Clickbank Marketplace is an excellent place to find products that are in high demand and that you can promote for up to 75% commissions. Search Clickbank’s Marketplace for quality products that don’t have a high refund rate. Look at the sales page and make sure that it is something that you don’t mind associating your name with because you are in the beginnings of making a reputation for yourself.

Start A Blog

Now that you have some understanding of SEO, keyword research skills and have a product to promote, you’ve got to get the word out. Having a blog is the quickest and easiest way to get your message out over the internet. Blogs are great for the novice because all you need are some basic computer skills and you can set up and design your blog in less than a half hour. So head over to Google’s Blogger and setup your free blog. There are directions and tutorials on the home page to help you along.

Start Promoting

Start writing articles for publication, look into bum marketing, find a forum and post nothing but quality information and use your signature for promotion of your product if the forum allows this.

Following these 6 steps will get you give you a basic understanding of online marketing and help you learn the skill-set that is required for long term success to making money online.

Here’s a list of more sites that offer some great tips that you can pick up on….

Viral Advertising – Three Easy Tips! … Can you feel the Viral Advertising starting to work for you..? Let’s Refocus! I am just going to go straight into some good Viral Advertising tips.

Long Tail Keyword Research – A Step By Step Guide - Today we’ve got a question about long tail keyword research from Kelvin Tan. Here’s his question: I would like to ask some question about selection of.

Unbiased Guidebook to Tricks For Keyword Anchor Text – You may say, “But the keyword research tools tell me this is how people are searching”, and while there may be truth in that statement, what that tool is not telling you is that this is not what Google’s spiders are looking for. …

Keyword Research Strategy Flowchart : SEO Book.com – Cool flowchart highlighting the keyword research process. Hope you like it and find it valuable! :)

Beginner’s Guide to SEO: Quickie Dos and Don’ts – Beginner’s Guide to SEO: Quickie Dos and Don’ts. by Nick on December 20, 2008. by Stoney deGeyter. Many SEO newbies, or new businesses starting out online, come to SEO blogs such as this looking for some quick and easy solution that …

How Blogging Can Help You with SEO – A Beginner’s Guide : Blogger … – How Blogging Can Help You with SEO – A Beginner’s Guide. December 17, 2008 by bloggerbible. Filed under: Blog SEO · blog seo. Jason Develvis asked: Blogging is fun and easy to do, and you may be interested in learning how blogging can …

Make Money Online By Just Grabbing the Bull By Its Horns!

December 27, 2008 · Filed Under NetBiz Handbook · 3 Comments 

So you’re thinking about grabbing the bull by its horns and getting into internet marketing (a.k.a. make money online) thing?

Did you make the decision to quit your day job and rake in the big bucks?  Be honest.  It’s okay to think that way, but you’ve got to plan that way also.

Making money online is a lot of hard work

make money online 200x300 Make money online by just Grabbing the bull by its horns!Huh?  Yep a lot of long hard working hours.  Yeah, Yeah, what about all that I’ve read about making money online and becoming an overnight success?

Well all I can tell you is that if it sounds too good to be true, then it probably is.

Go with your gut instincts and let that guide you.

Listen, there IS success on the internet, just not the easy and fast way that you may have been hearing about.

In addition, its not a free ride either.

Making money online often requires more money than initially believed.

It seems with all the hype, people have forgotten that they are starting a real live business; and all businesses need “seed money” and “grow me” money.

It takes time to build and grow a business before it starts to pay you back for all the time and efforts you put into it.  So you need to keep a little stash away for ongoing business expenses.

If you’re just starting out, you’ve got a lot to learn

You need to turn into a sponge and absorb as much knowledge as you can.  And at the same time you need to filter out irrelevant information and build you a library of sorts of the most important and relevant material.

You should also look closely at the mistakes that others have made and freely write about.

Why should you look at somebody elses mistakes?

Because the trick is to avoid the same mistakes that others have made so you can cut time off of your learning curve.

I’m not saying that you’re not going to make mistakes because that is inevitable.

But what I am saying is that there is no sense in making the same mistakes as others, especially when they are telling you exactly what they are.

And as you go along you’ll make some different mistakes and you should keep note of those and the actions you took to correct it.

You know why?

Because it could be the making of your own special report or software to help people not make the same mistakes as you did.

People will pay for prevention, and the best part about this is that you will have first hand experience with this issue and can offer specific advice.

Another thing to do is to take a deep look at your competition.  Your competition can reveal some holes that you can easily fill.

Don’t be afraid to even buy some products from them to see how well their stuff really is.  Again you may see some glaring holes that can be your goldmine.

Sign up for their newsletter, go to their forums, read all that they have and learn as much as you can.

Remember, this is your business and not some hobby…well at least I am assuming this to be true.

So now  it goes back to the age old adage:

Treat this like as a hobby and you will be rewarded like a hobby; Treat it like a business and you will be handsomely rewarded like a business!