Making money online is real simple, but it takes time and hard work before you see cash trickling into your account. In other words making money online is hard and requires a lot of hard work, dedication, big heart and lots of genuine research on several key areas.
In this article i am going to examine how to set realistic goals and achieving them.
1. Identify the source of online income
- There are several ways to which you can earn money online however though one needs to be a bit careful in making his choices right.Among the many alternatives there are the majority scams, and others not so genuine ways. Rip off reports shows that at least 90% of online money making schemes are scams capitalizing on the booming market and unwitting desperate internet users.
Some of the genuine methods of making money online are:
a) Google Adsense
b) Freelancer
c) Affiliate marketing
d) Amazon Mechanical Turk
e) Online Forex Trading
2. Is is a business or just interested of some money?
- Many people who once were determined to make money online failed miserably after they failed to determine whether they are starting a business venture or they are just interested in getting some money online. The difference if clear; If you are starting a business you will be more focused, realistic and with specific objectives of what you want to achieve within a given time frame and how you would like it achieved. As a result you will probably have a time line of how to reach your objectives.
- i would advise you to think of making money online as a business rather than a passtime activity.
3. Investment or no Investment?
- Another aspect that will determine your success in making money online is whether you need to invest or not and how much you should put in as your investment. An investment is a planned activity which requires feasibility study of the market, trend, competition, returns and viability. Without taking feasibility study your investment might be as well as dragged downstream in a fast moving river.
- Although it is not a must to invest in order to make genuine online income, a long term continuous income may require investment. Take an example of an individual who is after making money online but does not think of this as a permanent source of income; he is most likely not interested in investing. What about you and me who are interested in creating a steady and continuous source of income? the answer is obvious.
4. Set you Daily minimum income expectation and work towards achieving it
- With a set target of a minimum daily income, it will be easier to work to achieving it rather than leaving your daily income target blank.
5. Choose the way to go
- From the list of your preferred methods of making money online select the one the provides the best alternative. Take off and do not look back remember "Making money online is hard and requires hard work, determination and dedication"
In the next article i will highlight on the alternatives i provided above to show you why i prefer them and how you can join and start earning online.
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