How To Make Money Online - Part 1

Hello Everyone!

Back for Day 2 of my blog. I was thinking this morning of the best possible post I could make to my blog today.

I decided that I was doing to do a three part series of “How To Make Money Online”

After part 3 of this series, you should be armed with enough information to start making money online.

Alright, first and foremost I am going to go over what I believe is the hardest step to take to make money online.

It’s called TAKING ACTION.

The problem is that 95% of people in this world today are programmed like sheep.

Go to school, get a degree, get a good job with benefits, start a family, grow old, live modestly.

Well, quite honestly, who wants to live like the 95% of everyone else in the world? Do you want to just be a sheep running around like your supposed to or do you want to make your own mark on the world?

Do you want to be on the company telephone directory listing OR do you want to be the guy that OWNS the company?

Do you want to be sitting in a cubicle staring at the clock everyday OR do you want to be rewarded for your hard work?

If you’re prepared to really make a change then I promise you the money is out there. No longer will you be a normal part of society that lives life having everything planned for them. You’ll have rough times, but you’ll have great times too.

The first part of my series is you need to decide and plan how you want to approach making money online. From the way I see it there is two ways to make money online.

#1 - You can be a part of the large service industry online

This means you are providing a service to businesses, marketers, professionals, etc - It could be anything from designing graphics, designing webpages, coding webpages, writing reports, distributing articles, doing SEO work, ANYTHING. There’s so much out there and your paid IMMEDIATELY no matter the results of the project.

OR

#2 - You can create your own wealth by being the guy that CREATES the business. This means your the guy that spends $1500 to create the next Craigslist, the next job posting site, the next huge forum, the next myspace, etc. It doesn’t matter what you create, but you’re only paid based on the results of your project.

The great things is #1 and #2 both have a LOT of potential for anyone that gets involved. I’m never going to talk about my current businesses specifically mainly because I worked hard to get my businesses where they are and I want to urge anyone that wants to get involved to have some sort of creative mind.

You need to ask this question to yourself:

Do you want to be paid PER hour or PER project that you work?

or

Do you want to take the gamble of creating the next big idea on the internet? Can you deal with success and failure? Can you handle not making any income on your project for 6+ months?

I’ll be honest, I’m still a part of #1 but I’m trying my hardest to really develop businesses that pay me over time. I’m trying to get to #2 but its a long hard road. When I work per hour or per project I make an average of $30-$40 hour and if you are HUNGRY to make money it’s easy, but it’s pretty depressing knowing you are doing work that could make someone else rich.

If you can afford to take risks in your life then I definently recommend trying to go route #2.

You really need to sit down and think, “What does the internet need?” , “What does my city need on the internet?” , “What does this industry need on the internet?”

Trust me, there is PLENTY of room left for new businesses to be able to flourish. All you have to do is use some creativity and put your heart into the project.

Okay, so this is what I want you to do between today and tomorrow.

Decide WHICH sector you want to be.

Do you want to be in the service industry (meaning your paid per hour of your work) or do you want to create your own wealth? (your only paid if the project is a success)

Think long and hard where you want to be in your life in the next 3-5 years. Anyone can make $15-$20 an hour on the Internet, but do you really want to be doing that in 5 years?

I’ll be back tomorrow with my next post!

Thanks guys

3 Responses to “How To Make Money Online - Part 1”

  1. daniel Says:

    what do you doing right now for make money in internet?

  2. sean harris Says:

    where are some of the service sites so i can get started today

  3. Laurel Says:

    Great video Michael! I am really impressed with your grasp of how to make money online - and the pros and cons of each. Let me tell you - you had more content and more good advice on this video than I have seen on many other videos online - you are the real deal - I know you will go far with this and I wish you the very best :)

    Laurel

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