WAYS TO MAKE MONEY
WAYS TO MAKE MONEY: #1 Make money selling your own product
Yes, you can do this without spending money. This is the path most small business take - and probably the most profitable one.
It is also the most difficult one of the 4 ways to make money without money. It's difficult and time-consuming. If you're forced to do it without a budget, it will be even more time-consuming. But you're determined to build a profitable, long-term Internet business, right? Hard work is not a problem. Right?
The most difficult part of this method is the product development.
What can you make without spending a penny? Something that people will still buy from you?
The answer lies in information products. We all have marketable skills. You're an expert in something.
Do you know a lot about cars?Write a mini-book on basic engine maintenance.
Know a lot about kids?Write a book called "101 Ways To Keep 2-year olds entertained" - you've already got your first buyer right here!
This is really doable. There are people who'd pay to know what you know.
Get nitty-gritty advice on creating your own product. Get the very short, very powerful e-book called "Ways To Make Money On The Net". No hype. Just dead-accurate advice. This document will save you two years of trial and error! Guaranteed.
WAYS TO MAKE MONEY: # 2Make money selling someone else's product
When you sign up as an affiliate / reseller for Internet company X, it means that you refer people to them. When someone buys, you get a cut.
It's still hard work, but this is probably the most doable of the ways to make money without money.
You can't believe everything you read about affiliate programs, but they can really make money. A significant portion of my own Internet income is from affiliate programs. There are a couple of things you have to get right though.
That book I mentioned above also looks at some of the best ways to make money with affiliate programs.
WAYS TO MAKE MONEY: # 3Make money selling advertising space
The idea behind it is to offer free information from your web site to pull in high volumes of traffic. Once you've achieved that, advertisers would pay you to display their advertisements on your site. This is probably one of the oldest and most hyped ways to make money without money.
It worked really well until the end of 2000. It's how Yahoo became big. With the dotcom bust in 2000, even Yahoo was forced to look to alternative revenue streams. Advertisers began to realize that, in most cases, web advertising is just not cost effective.
Most people don't click ads right? I don't.
But wait... there's life in this baby yet...
Contextual advertising (like Google's AdSense program) is now a big thing in online advertising. If done properly, it is far more effective than any other form ads so advertisers are again spending money online.
WAYS TO MAKE MONEY: # 4Make money doing what you already do
This is not for you if you're looking to build a serious small business on the Net. It's the easiest of the ways to make money without money, but because it's easy, it doesn't pay much.
Very little in fact.
It mostly involves getting paid to surf the Internet and getting paid to take surveys. It's like stuffing envelopes for money. If that blows your hair back, type "getting paid to surf" into the search box at Google and hit "Enter". Take your pick. Don't expect to get rich though.
