Showing posts with label make money online. Show all posts
Showing posts with label make money online. Show all posts

Thursday, October 11, 2012

How to make money online

How to make money online

  1. The first step is to stop Googling things like, "how to make money online." Not because you shouldn't want to make money online, but because the stuff you're going to find by doing that is going to help you lose money online. Sort of like asking a casino owner how to make money in Vegas...
  2. Don't pay anyone for simple and proven instructions on how to achieve this goal. In particular, don't pay anyone to teach you how to write or sell manuals or ebooks about how to make money online.
  3. Get rich slow.
  4. Focus on the scarce resource online: attention. If you try to invent a way to take cheap attention and turn it into cash, you will fail. The attention you want isn't cheap, it's difficult to get via SEO and it rarely scales. Instead, figure out how to earn expensive attention.
  5. In addition to attention, focus on trust. Trust is even more scarce than attention.
  6. Don't worry so much about the 'online' part. Instead, figure out how to create value. The online part will take care of itself.
  7. Don't quit your day job. Start evenings and weekends and figure it out with small failures.
  8. Build a public reputation. A good one, and be sure that you deserve it, and that it will hold up to scrutiny.
  9. Obsessively specialize. No niche is too small if it's yours.
  10. Connect the disconnected.
  11. Lead.
  12. Build an online legacy that increases in value daily.
  13. Make money offline. If you can figure out how to create value face to face, it's a lot easier to figure out how to do the same digitally. The web isn't magic, it's merely efficient.
  14. Become the best in the world at something that people value. Easier said than done, worth more than you might think.
  15. Hang out with people who aren't looking for shortcuts. Learn from them.
  16. Fail. Fail often and fail cheaply. This is the very best gift the web has given to people who want to bootstrap their way into a new business.
  17. Make money in the small and then relentlessly scale.
  18. Don't chase yesterday's online fad.
  19. Think big, act with intention and don't get bogged down in personalities. If it's not on your agenda, why are you wasting time on it?
  20. Learn. Ceaselessly. Learn to code, to write persuasively, to understand new technologies, to bring out the best in your team, to find underused resources and to spot patterns.
  21. This is not a zero sum game. The more you add to your community, the bigger your piece gets.
A few years ago I put my book The Bootstrapper's Bible online for free. You can find it here.

Wednesday, April 08, 2009

Make Money Online

Making Money on the Internet Requires SMART Goals
By C. Mark Babcock

When you start any business, you must set out goals for yourself, A home business is no different. You need to have clearly defined and achievable goals in order to have success.

The acronym S.M.A.R.T. is a great way to start. Specific, Measurable, Attainable, Realistic, and Time Sensitive.

Specific goals are essential. Know what you want and be very clear. If you have a vague idea it can not possibly come about, but if you know exactly what you want it is an achievable goal. If you know of a house in your town you want to own, take a picture of it and put it on your wall. If their is a university you wan to send your kids to, write it down.

Measurable goals allow you two things. One, you know when your goal has been achieved, and two, you gain momentum in your business as you achieve. If you have the goal of earning $5000 a month, when you start to earn you have a way of knowing you are achieving that goal. Use your measurement as motivation.

Attainable goals are necessary to keep your mind focused on building your Internet business. Create both short term and long term goals. Have a way of knowing that as you build, you are seeing success.

Realistic goals will give you that sense of urgency. If you want your business to pay your credit card off, start with gaining just the monthly payment, and a second goal of the entire balance. By keeping it realistic you will not get discouraged.

Time sensitive goals give you the deadlines to achieve. By setting an actual date you have the ability to come up with an action plan to achieve your goals.

When you use the S.M.A.R.T. method for your goals you have a basis for action. Always write down what your goals are and a plan of what you need to do each day to achieve those goals. By taking baby steps each day you can achieve your goals and then set new ones.

C. Mark Babcock http://www.cmbwealth.com

Article Source: http://EzineArticles.com/?expert=C._Mark_Babcock

C. Mark Babcock - EzineArticles Expert Author

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