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Wednesday 30 April 2014

Is making money online really that easy! But where do I start?

In my last blog post I touched on 3 of the most popular internet business you can chose to venture into, but the fundamental question is how do I know which one to start with? reading a book about internet marketing isn't going to answer that question, nor is watching a few videos online, and that's where I come in. You see folks I can sit here and tell you stories about how much I've made online but that's not the purpose of this blog. If you are serious about starting your online business then stick around.
So where do you start? Well first off let's address the issue of getting paid, because at the end of the day the real reason why you have been thinking about or want to start an online business is purely to make BANK on the internet and earn interest in your sleep just like the wall street fat cats do.
The real question you should be asking yourself is, "do I have the time"? and "am I willing to put the effort in"?
I'm not going to polish or sugar coat this for you but it takes an awful lot of learning to really make a lot of money on the internet, depending on which route you take. Yes it could be done with no experience! that's not the issue here, people with enough knowledge in any field can write an ebook about something useful and in demand and sell it online, that's one route to go down. But bear in mind it takes time to build up a stream of traffic to your website where your product is.
Network marketing/MLM on the other hand is a lot simpler, if you don't want the hassle of doing tons of
research on how to write an ebook you can give these businesses a shot.
But know this before venturing into any Network Marketing or MLM company.
COMP PLAN (how you get paid) The compensation plan is key as this will speed up your decision process.
(see books on network marketing/mlm comp plans in amazon store)
The reason why major corporations get into this form of marketing is to strategically outsell the competition, with the adaptation of recruiting people, the main objective behind this is to drive sales, with the emphasis on recruitment of others over actual sales. The more people that join a company initially the more you have to recruit to build your downline in order for you to get paid, you see the more product you and your team sells the more you get compensated. And the bigger your team the better for you. Make sure and do some research on joining fees, some companies charge a joining fee, this can vary depending on the company. Some has no joining fees, but the sales and recruiting motto stays the same.
Don't let this put you off because it doesn't stop there, the online world is fast my friends and I will let you in on some secret tips when starting your business online. I will touch on selling other people's or company's product online and get paid to do so with minimal effort or cost.

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