Sunday, March 15, 2009

How to Make Money Online

Through the years, more and more people are becoming more open to home based setup in terms of job opportunities and business ventures. If you only know where to look, you will find lots of money-earning schemes by using the Internet. This is definitely good news to new entrepreneurs. You can take more risks in terms of setups and execution because you don't have to spend as much capital as you would on your affairs offline.

New entrepreneurs must take advantage of this opportunity. There are many ways in which they can profit from this avenue. So it will be best if you will learn the tricks of the trade this early. Here are some tips that you can follow when in pursuit of such scheme.

1. New entrepreneurs must invest in setting up their own website. You must think thoroughly about the matter. If you don't have the capabilities to create one, you must resort to professionals to handle the tasks for you. You just have to tell them about your visions regarding the site that you want to put up. You must tell them the kind of people whom you think are going to be interested with what you have to offer. This way, they can create designs and include the kinds of elements that will appeal to your target audience.

Once your website is live and visible to visitors, you must make your offers tempting so that people will find it hard to resist purchasing items from you. You must use high quality images and video presentations of what you are offering to these people to hook them more.

2. New entrepreneurs can also place ads on their website in order to gain more profit. You just have to be sure that you don't spam your audience and they do not click on links that may harm their PCs and other security information.

3. In order for people to find your website among the hoards of other sites that offer the same services, you must learn how to optimize your page. You can do this in a range of ways. You can start by creating good content that people will be interested devouring over and over again. You have to gain a following as you last in the cyber world. This way, your dream to succeed and thrive on this venture will be easier to attain.

4. You must promote your site through various ways. You can opt for paid services, like you can place banners on popular sites that contain products related to what you are offering. You can also be creative on this regard and select avenues that won't cost you a dime but mere effort and time that you will be spending on the project. For this type, you can resort to social networking sites, participate on forums and promote your link. You can also create promotional videos that you can upload on popular websites that allow such practice.

There are many other schemes that new entrepreneurs can try online in order to obtain more profit. The idea here is to look for the right spots that will help you land on the right links.

A New Phenomenon

Ideas have been crated and trashed by entrepreneurs since the introduction of the internet and utilizing its accessibility as a tool for marketing. So just imagine how many are those ideas already and others are still floating in this new phenomenon called the World Wide Web. Although it is true that an idea's longevity can be measured of this new phenomenon's usefulness to the clientele, other factor that should be considered is an idea's resistance to change. When we say, resistance to this new phenomenon it means, that the products is flexible enough to suite and match a variety of changes over a period of time. To set my point clearly, roughly 20 years ago the fad of whitening soaps, age defying creams and other beauty products are now wiped out by the more scientific and enhanced option of plastic surgery. But, the central themes with these trends lie in the fact that these merchandise are all for the sake of beauty.

The following checklist will help internet entrepreneurs assess and therefore gain valuable insights on how to improve outdated internet schemes and merchandise and at the same time prevent the untimely drop of your newly introduced internet product in the market.

1. Do your research. Everything is in the need. From the top ten things that clients hate about the recent product in the internet on baby care to the archives of the latest 100 top selling products in the 20th century. To sum it all, everything that you will ever need when looking for old products and the reasons why they didn't last long is just in the touch of that mouse button.

2. Experiment. On of the reasons why a product is unsuccessful in the market is due to some entrepreneurs' failure to meet the clients' standards. Hence, it is the duty of a product designer to see to it that every inch of the new products meets both specific and general criteria. The problem with commodities that focuses on specific factors is the danger of being easily left out especially if they cater to a certain age generation and cohort. While on the other hand, dwelling on the general needs makes a product less prone to changes. To cite an example, fad and hyped products such as those in response to fashion star statements often do not last long as compared to general lingerie and clothing line. Naturally, in dealing with general trends, always keep in mind to add a touch of what is new, what is more adaptive to the situation and what is more reasonable. The experimentation comes in with the proper market assessment and product innovations.

Remember that we are dealing with internet users here and these people might have seen that product somewhere and sometime a few years back. Therefore your priority as an entrepreneur is to wisely maneuver the positive points of a product coupled with your researched solutions that answered its shortcomings. Further, keep in mind the basic principle of market strategy. Old merchandise that is re-invented to meet a new phenomenon in the World Wide Web will certainly not last long in the market considering its competitive environment. On the other hand, the market success of an old commodity or an invention is higher when it is re-furnished to meet a general standard and by keeping it free from its former shortcomings.

Sunday, February 22, 2009

10 Easy Steps to Succeeding Online

Success is all about attitude and mental strength. Here are 10 ways to develop a strong, successful mindset:

1) Minimise the pressures on you as far as possible.

In my experience, if your IM business is not properly funded the pressure to start making money becomes intense - very quickly. And when that happens you usually start making bad decisions.

So minimise the pressure on yourself by making sure your IM venture is properly funded. That can mean doing it part-time along side your day job until you start to build up revenue, or using a redundancy pay off to fund your new business, or using your lottery winnings.

Whatever you do, make sure you're properly funded.

2) Set short term goals - daily or weekly - and make sure you have full control over achieving them.

A goal that you have full control over is something like 'Learn CSS this week'.

'Earn $100 this week' is not something you have control over (not total control, anyway) - so don't set that as a goal.

To set yourself a goal over which you don't have full control is crazy. You're setting yourself up to fail. Setting goals over which you do have total control, and achieving them on a regular basis, gets you into a successful mindset. And that's the foundation for success.

Make sure that your short term goals all lead you towards your vision, or 'why'

3) Set out your 'why' and stick it up where you can see it each day.

Your 'why' is the reason why you want a successful online business. It could be to spend more time with your family, to become financially independent, to escape the rat race - whatever.

Times will get tough. You will get frustrated. You will feel like giving up.

Having your 'why' stuck above your computer screen will help you get past these roadblocks.

4) Be sure to track what you're doing so you can measure your progress.

Do this by ensuring your short term goals are constantly moving you forwards. If you've learnt CSS make sure you're doing new and more things with it each month, or learn something else - as long as it moves you forward in your business.

5) Trust your gut feel.

If something doesn't feel right it's probably not.

6) Don't do stuff in your business that you wouldn't want to talk to your family about.

People are increasingly suspicious of scams, particularly online, so your online reputation is even more important than your real life one.

So create an impeccable online reputation, and keep it.

7) Don't listen to people who are not encouraging - the nay-sayers.

Let me say that again: don't listen to the nay-sayers. There will be plenty of them.

Some people (probably including some of your family members) will try to discourage you from doing anything new. They don't want you to succeed. They will destroy your self belief and when the going gets tough you'll quit.

Don't listen to them and don't talk to them about your business. (That's the exception to the previous point!).

8) Don't get taken in by stories of mega success.

Whatever stories you read almost certainly didn't happen. Very, very, very few people achieve success overnight, and those that do don't talk about it - at least not publicly online.

9) Play to your strengths and strengthen your weaknesses.

Look at yourself and evaluate your weaknesses. Do so honestly and then find ways to mitigate them. This could include finding a business partner who has complementary strengths, taking a training course, or whatever.

10) Stay focused.

Whether it's on the niche you've picked for your site, or your tasks for the day, staying focused will get you to where you want to go. Losing focus will not.