Internet Business. The dot-com
bubble may have burst, but there's still plenty of money to be made
from the internet.
Whether you are seeking to add
to your existing income by putting in a few hours on the PC, make
your fortune by risking an investment in an existing internet business,
or develop you own multi-million dollar site, there's still plenty
of opportunities to make money online - and plenty of scams!
Beware - there are lots of scams around - it's a sad fact of life that easy,
low risk, high earning opportunities aren't just handed out to anyone who wants one,
and they certainly don't need to be advertised extensively. If
an online business of online working opportunity seems too good to be true, then it
almost certainly is!
Nevertheless, there is money to be made for those who are prepared
to take risks or work hard, perhaps put in long hours for low hourly rates,
perform mundane, repetitive tasks. If you need
the money you will compromise some of your ideals - but understand
the risks and drawbacks.
All you need - The first 3 steps to your
A PC with an Internet Connection - preferable broadband;
A website - this requires a
Domain Name, a
Web Host (this will cost
a couple of hundred dollars every couple of years) and possible
some software to help produce your site - possible entry level
software includes either Microsoft FrontPage (another couple of
hundred dollars) or Macromedia Dreamweaver (about five hundred
dollars), for another hundred dollars or so you can buy an off
the shelf, professional web template - just plug in your logo,
and data an off you go;
A good idea! This is down to you for the most profitable
ideas, but there are opportunities and internet business
franchises available online. Maybe by investigating some of
these you can gain an understanding of how internet businesses
work that may spark your winning idea.
Basic Internet Business Models:
There are a number of ways of making money on the internet.
Basic business models include:
Online sales - advertising and selling your product or service
online - product purchases can be supplied by mail order or,
depending on the product, by downloading over the internet;
Site membership - members pay a subscription to gain full access
to your site and its services;
Advertising - popular site can make significant revenue through
What to look out for:
Beware of opportunities requiring you to invest up front for
training and materials - whilst this may ensure that start-up
costs are not lost on time wasters, it can mean that you pay out
more than you earn. Be very careful before parting with
any of your money up front - you're looking to earn money not
pay it out! Paying out a couple of hundred dollars to
invest in an opportunity that promises to earn you hundreds of
thousands may look like a good bet - it may be how someone else
makes hundreds of thousands by selling start up packs to punters
like you! Be clear what you are paying for and what it
will achieve for you.
Make sure you understand all aspects of the business model, what you will
be responsible for and what costs you may incur - there may be
hidden tasks and costs that make the work less rewarding.
How much traffic do you expect to see on your site and what to
you need in order to make a profit. Make sure you find out every step involved and all the costs of
supplies and training. Look for someone who has already
done the job to find the pros and cons.
Make sure you understand how, what, and when you will be paid
and who by. When will you first be paid?
Before making any commitments, investigate a few internet business opportunities. You will find a number of specific
internet opportunities as will as directories of available
schemes. Each opportunity will be very different, by
comparing a few that appear of interest to you you will begin to
understand some of the different packages available, how they will
work and what questions you will need to ask. You should
expect to be given full information about the nature of the work,
costs and payment before any commitment is required.
Good Luck and remember this site if you make your fortune.