Monday, 3 August 2009

The Newbie Secret To Making Money Online

Newbie is an affectionate name for someone new to making money online. In truth we are all newbies when we first attempt to utilize the Internet to generate money. After fumbling around some of us figure out a way to earn money that works for us. In this article let's take a look at one secret that can help you get started earning money online as an Internet marketing newbie.

I for my part think the most significant thing you should do is identify why you wish to make money. You do not have to to sit down and write out a lengthy list of goals either!

Understanding why you want to make money online will then allow you to focus on discovering the best way to do that. Believe it or not there are so many diverse ways to earn money on the Internet that you can waste your time trying things that you have no likelihood of succeeding in.

Let me provide you an example of what I mean by this. If the reason you want to make money online is to make $200 a month then opening a home business is probably not what you need to do. You are better off doing things such as taking surveys, or data entry. These are the types of income opportunities where you are typically trading your time for dollars.

If your ambition is to create a long-term income you might want to contemplate starting a blog of your own in a role you enjoy. There are many examples of people earning full time incomes online as bloggers who never made a penny for the first several months they were blogging.

It didn't matter to them because they enjoyed writing about the topic their blog was on. Over a period of time they developed so much content that the search engines rewarded them with high traffic.

They were then able to direct that traffic into an income stream by selling advertising on their blog. This never would have been achievable if they didn't understand why they wanted to make money online to start with.

There are many reasons why an individual wants to make money online. Some that come to mind include quitting your job, paying bills, sending a child through college, traveling more often, increasing charitable contributions, and many more. The most widespread reason that people come online is to make money to pay their bills.

However as a newbie you need to recognize exactly why you wish to make money online before you can decide how you are going to attempt to do it.

So the secret for all us newbies is WHY? WHY? WHY? and that is another subject as well. Having a strong WHY when starting any business is essential.


8 Comments:

Blogger GT said...

Hi, Phil:

Interesting food for thought. We do need to know why we are in business so that we can properly motivate ourselves to do the business.

:-) GT Bulmer
Work From Home

4 August 2009 at 03:27  
Blogger Truby Johnson Jr. said...

Hello Phil,
thanks for sharing the secret because this information you have provided will save a lot of newbies from making some coastly mistakes. Unfortunately I learned this a little late when I came online but I did finally learned it. Thanks again for helping.



Truby

5 August 2009 at 02:21  
Blogger holm303 said...

Hi Phil,
You have provided some valuable
info. here. A person should really know what their goals are when starting out. By setting goals you can determine how serious you are about your business.
LyleH

http://www.monthlyincome-fromhome.com

5 August 2009 at 13:14  
Blogger Linda Green said...

Hi Phil
You make a very good point here.
If you don't know why you want to be in business how can you decide what your goals will be.
Good post
Linda
http://www.onlinehomebased.com

5 August 2009 at 21:20  
Blogger Unknown said...

Hi Phil,

Thank you for your time saving tips.

I wish I had the benefit of this advice when I started but newbies will find this information of great help,

thank you for sharing,

Mal.

5 August 2009 at 21:44  
Blogger Walt Gemmell said...

Hi Phil,

Sound advice for anyone starting a business.If you don't know where you want to go you certainly won't have any idea where you may end up.

Walt Gemmell
http://www.wcgem.com

7 August 2009 at 02:13  
Blogger Michelle said...

Hi Phil

This is very good advice for anyone looking to make money on the internet. It is true that once you work out your why and what it is that you require from it, then it is easier to decide what to do.

Michelle Jayes / Online Income Opportunities

7 August 2009 at 20:39  
Blogger Ros Bott said...

Hi Phil

You are quite right. It is very important to know WHY you want to start an internet business, as this will guide you into the right kind of business.
Ros

Find Multiple Streams of Income

10 August 2009 at 18:16  

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