Sunday, September 5, 2010

Deciding on a Make Money Online Strategy

May 19, 2010 by Admin  
Filed under Make Money Online Decisions

There are a lot of factors that go into deciding what strategy to use for making money online and how and where to apply it.  I’m going to talk about what I think about when it comes to applying strategies.

The first thing I think about is, is it feasible?  What is the earnings potential?  How long do I think it will take me to become profitable?  How much time and effort is it going to take?

It depends on the person and their skills, it depends on the strategy and it depends on the market.  Certain strategies don’t work very well in certain niche markets.  The big thing is you should play to your strengths.  I can write very quickly, so any niche or any strategy where I can write and make money, are good situations to put myself in.  I’m heavily involved in product creation, in a number of different niche markets because it is so easy for me to write and create products quickly.  I also enjoy writing, so it is an added bonus.  I would hate to have to do things that I absolutely despise.  Creating big websites from scratch is one of those things that drives me crazy.  I’m not a big technical guy either.  I can do most of those technical online activities, but it drives me crazy. It takes me a long time and I find it to be so darn boring that I would never want to do very much of it.

A lot of people that get into Internet Marketing are people that don’t like their job and they want to like their job.  If you quit your job and become an Internet Marketer and you don’t like the work you’re doing as an Internet Marketer, then you are kind of defeating the purpose of becoming an Internet Marketer.

Loving what you do is a big part of it.  It is something that you really can’t put a price on.  On the flip side of that coin, one of the great things about Internet Marketing is that you work your own hours.  You can put in that hard work early on to build your business and gradually scale back how much you have to work.  I started out putting in probably ten to twelve hour days, on average.  I’m now putting in about three hours a day, on average.

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