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Making Money Online Tips and How To

Updated on July 18, 2011

Making Money Online - Scam or Dream Come True?

I have been making money online for about four years. I dabble in a little bit of everything so I don't get bored. How do I earn money on the internet? There are many self employment ideas on the internet. I write for many websites, I design t-shirts and other goodies, and I sell photos, plus a few other miscellaneous projects.

It hasn't made me rich. But using various ways to make money from home have enabled me to find new ways to make extra money. I help with the household budget and stay home. I can travel when I want. I can have a sick day or vacation day whenever I choose. So, I'm pretty satisfied.

When the subject of making money online is brought up, people seem to be in one of two camps. Either they believe that making money online is a complete myth, scam, and impossible to do, or they think that all it takes to make money online is a few minutes of blogging every day or working on a website, and voila, money magically falls from the sky and you become rich overnight.

Of course, with all of the online moneymaking gurus around, I can see how people have come up with both ideas. If you've gotten an email, browsed a website, or watched an infomercial about making money online, all of the moneymaking internet geniuses claim that anyone can do it, it just takes a few hours a week, and you are guaranteed to get filthy rich. The possible reactions would be either it's a bunch of baloney or complete awe.

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The Truth About Making Money Online

The truth is, making money online is somewhere in the middle. Yes, you can make money online, and lots of it. You may even get rich. Yes, pretty much anyone can do it. Does everyone make money online that tries it? No. A lot of people even lose money trying to earn it online. And everyone certainly doesn't get rich making money online.

However, if you are really determined to learn about making money online, you can do it. As a matter of fact, with the right mindset, making money on the web probably has higher odds of success than other business models. It is possible to start making money online with very little cash outlay, or even for free. Making money online doesn't require the right connections or knowing the right people. (Although if you know certain people online, it certainly can help, just like with any business.)

Here is the part about making money online that most people don't want to hear: Making money online requires work, patience, and time. Lots of hard work. Infinite amounts of patience. And the time frame will vary, but it definitely won't be overnight.

And there is quite a big learning curve in the beginning. Well, heck, overall. I'm still learning and still don't know anywhere near as much as I should about making money online.

Steps to Start Making Money Online

In this regard, making money online is no different than any other business. There is no magic formula or shortcut. You have to put in the time and work. Make sure that each and every day you do something to further your internet empire. Even if you work and have other responsibilities, set aside some time, even 30 minutes, to do something for your internet career. Even the busiest person on earth can find 30 spare minutes a day.

Next, don't become a victim of information overload. This is probably the single biggest thing that trips up people trying to make money on the internet. You start reading all of the tons and tons of information available about how to make money online. You see debates about using one online moneymaking method versus another one. This guru says to do this, and the other guru says no, do it this way.

Your brain simply can't focus on one specific thing and you give up before you start. Don't let yourself fall into this easy trap. I still get distracted reading about different ways to make money on the internet. Here's how to avoid it:

First, start with one method of making money online that you can understand well. Then stop reading about any other methods. Concentrate on that one moneymaking method until you learn it backward and forward and start making a profit. Then if you wish, you can learn about new ways to make money online and try them.

Also, don't waste time every day trying to learn more and more about the particular online method you choose. Set a time limit of say 30 minutes a day or a couple of hours on the weekend to read and learn more (about your specific method only). And don't ever let this time cut into the time you've set aside to actually do tasks that will help you accomplish your moneymaking goals.

One Other Reason Many People Fail at Making Money Online

The other reason most people fail at making money online is that they simply don't take action. Like mentioned above, they read and read about ways to make money, but they never actually do anything. Or maybe they actually buy a moneymaking course or ebook. They either don't bother reading it at all, or they read through it, and then shove it in a bookshelf. And that's it. They give up before they start.

In order to start making money online, you have to do things differently than the rest of the crowd. Stop reading and procrastinating and start doing! It doesn't matter if you don't get it perfect at first, or never. Just do it! There are many ways to make extra money on the internet, and one day you may be able to make a full-time living making money online.

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