I've been in the business of making money online for a while now and I've tried just about everything, and the purpose of my writing this article is to give some guidance to novices wanting to do the same - mainly to find a way to generate significant income from your home in the hopes of quitting your job and gaining financial freedom. Some of the topics I cover are absolutely free while others require a small investment, but in this article I will be discussing how to make money online with Ebay, Internet Marketing, Writing, Paid Surveys and Investing and Trading (Stocks,
First I will talk about paid surveys. This is actually what I started experimenting with. There are many paid survey sites to choose from, and I won't discuss which ones to go with because this is my least favorite method. The reason I don't particularly like paid surveys is because the amount of effort you have to put into it really does not equal the payout. When I was taking surveys I was having to spend 12 to 16 hours a day just to get any kind of significant income. A lot of times I was not even credited for my participation because there were always more requirements in place for me to get paid. For example, after taking a survey I was informed that I would need to purchase this or that in order to actually receive the incentive. So my advice, shy away from surveys as they are generally not that effective in payout, plus you have to give away your personal information and ultimately end up receiving lots and lots of junk emails and paper mail as a result.
Next there is eBay. eBay is a very popular method of buying and selling everything from tangible goods to digital products. I personally don't use eBay much because I sell digital products and know too many people who have their digital products ripped off through eBay. As far as selling tangible goods this may be good for some but I'm not in the business of packaging and shipping something physical, I believe this defeats the idea of what this article is about, mainly making money on the internet, not off it.
Some people choose to write for a living and make money through freelance writing. If your passion is writing and you have a knack for research and putting together articles, tutorials, e-Books and research papers quickly then you may want to consider checking out some freelance writer websites to sign up with. Basically how this works is someone makes a post on these websites listing a job they need done and the requirements and guidelines. Then freelance writers will bid on the job and list what they want paid, or else offer to do it for a pre-determined payment offered by the poster. Freelance writing is great of you like to write, but it will take some time for you to build up a good reputation for yourself. One way to build a good reputation in writing is to have a website listing some sample articles and works that you've written for your clients to review before paying you for a job. I personally do not use this method anymore, although I think it is a legitimate way for experienced and well-written authors to make a living on the internet.
So we are left with internet marketing and investing, and these are the two areas I like the most and currently cultivate. I started in internet marketing with affiliate marketing. Basically you can sign up to be an affiliate for a certain product and you receive commission for each product you sell. What I would do is sign up, get an affiliate link and post that affiliate link on a website I created. I would give a review of that product or talk about it, then list the affiliate link if readers were interested in buying it. When the visitor clicked through the link and bought the product, I was paid a commission. This is a great way for beginners to earn some startup capital because you are not paying to create the products and you can promote them through free websites and blogs like http://www.WordPress.com, which I recommend using if you try this. As far as finding the products to promote, you can go to Google and type in the name of a product plus "affiliate program". So if you wanted to sell TestProduct, you would Google "TestProduct+affiliate program" to see if there is an affiliate program available.
Once you earn some startup capital I would suggest trying
Forex trades $3 trillion a day and so there is lots of money for everyone to make, but the trading is risky and does involve some knowledge and skills, you should therefore do your research before getting involved with Forex. So in a nutshell here is what I recommend to a newbie trying to make money online: Start off doing affiliate marketing to generate some quick income if you are starting with no money, and then make an investment in Forex after doing your research. Affiliate marketing will create a steady income stream while your investments in Forex will allow you to generate the larger income. Well that's just my two cents, I wish everyone the best of luck in making money online in 2008!