Showing Solopreneurs the Path to Profits Online or Otherwise

Can Anybody Make Money Online?

By on Aug 10, 2012 in Internet Marketing Business | 0 comments

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Make Money Online

Make Money Online

Odds are, at some point in time, you were at least a little intrigued by the idea that you could make money online. It’s alluring, right?

Imagine…

You do some work, go to sleep, and you wake up to an inbox full of order confirmations. You’re rich!

Okay, let’s both come back to Reality. While the above scenario can happen, it is a very rare event for even the best marketers. You’d be better off buying $100 worth of lottery tickets—the odds of success are much higher.

However, none of this is to suggest that you cannot make money online. You can. But let’s think about perspective.

It’s far better to focus on building a business than on “making money online.” After all, if you build a successful business, not only will you have made money in the process, but you will have also built an asset that you can sell if you want to, so it’s win-win.

Now, I’m not here to tell you that you need to go get an attorney and an accountant, set up a corporation or LLC, or put together a business plan—if you are really serious, you may want to pursue these topics.

No, what I am telling you is to behave like a real business. What does this mean? It means you offer products and/or services that people want and need and are willing to pay for. You treat your customers with respect and dignity and you don’t complain when they complain.

As Bill Engvall would say, “Complaints are your sign.”

Complaints are your opportunity to improve your business.

Now, moving on…I mentioned that you can sell products or services or both. If you sell products, you can sell your own or others’ (in which case you would be known as an “affiliate marketer“).

The fastest way to begin making money online is to sell your own services. You have talent and skills that other people don’t. You just have to match up with people who need your services. Easier said than done! However, this is the way a lot of very successful internet marketers began—guys like Marlon Sanders and Jason Fladlien began writing copy and articles for others for a price.

They obviously branched out from there :)

Set your rates to match what your competitors are charging, at least at first. Don’t sell yourself short! Setting your prices too low makes you look cheap—if anything, once you have some sales under your belt with some solid reviews and/or testimonials, charge MORE than your competition. Doing so will set the perception that you are better than your peers.

This is a great thing!

As you earn more and more more-than-satisfied customers, you can parlay that success into creating products and programs that leverage your services. For example, if you write copy as a service, you are limited in delivering the work product to single customers at a time.

On the other hand, if you can turn that one-time service into a digital product—or better yet, a coaching or how-to program—you will reap manifold benefits from doing so.

Note, however, that you may have difficulty selling these products or programs if you don’t have any real-world experience in serving customers. That will come in due time.

Let’s summarize:

  • You can make money online.
  • You make money online by building a building a business just like in the real world.
  • You begin by selling your skills and talent as a service. You are trading time for money.
  • You transform that “one and done” service to a repeatable program or product.

Simple, right?

If you want to learn how to build a solid income online, even if you don’t have your own product or service, check out Jason Fladlien’s Webinar Legend eClass. It’s awesome sauce.

About

Bill Davis is an internet marketing expert who can show you how to build an internet marketing business that is profitable, successful, and popular.

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