This is a guest post by Onibalusi Bamidele. If you want to guest post on this blog, check out the guidelines here.
You are most probably trying to make money online or maybe you have made a few dollars online. This post is not for those who are established or those who are making great income online, it is for those who are yet to make money online or those who are still struggling with little income.
Having a business plan or a list of things to follow will help you ease your work and guide you through doing things successfully; the purpose of this post is to outline some great things to consider before ever trying to make money online.
1) Learn From Others Who Are Already Making It
It is very evident that one of the easiest ways to shortcut your success is by learning from those who are already there.
Information is good and learning is great but I must confess there are just too many people without experience posting what they don’t know on the internet, many of them will try to sell what does not work to you and many of them might just give you inaccurate information (maybe for the benefit of their search engine optimization).
One of the best ways to grow and achieve success easily is by learning from those who are already there; it might either be by reading their blogs, buying their e-books, joining their membership sites, or getting it for free. One such great free product that might help you kick-start your making money online is my free e-book.
2) No Such Thing as Overnight Success
Making money online is already over hyped in the offline world and you will see people who know nothing about making money online telling you that they will soon start in the online world and begin to make thousands of dollars online, these type of people have deceived the majority and many people just think you can come online and begin to make money online.
Making money online is not that easy and if you really want to make decent money online your first year, you will have to work very hard and wisely.
There is nothing like making money online overnight, it takes time. You first have to build your reputation and do many other things so take your mind off making money online overnight.
3) Having Money To Spend Makes It Easy
Making money online is an act of wisdom, I mean the wiser you are, the more you will make. There is a great difference between those making $100 online monthly and those making over $1000 online monthly. It is all about being wise.
If you really want to make it big online then you should have money to spend, I mean the money you can use to take your business to the next level.
Money like this can be used to outsource most of your tasks, pay for hosting and the likes – expecting everything for free won’t help and might eventually cripple your online business.
4) There are too much Scams Online than You Could Ever Imagine
This is the truth many people won’t like to hear, but what do you expect to happen in a world where there is no police and where anybody can come onboard and do anything irrespective of who the person is and where the person comes from. A criminal can certainly sit in a prison and be making money online scamming others (once he could get access to the internet).
“Not all that glitter is gold”, don’t expect every opportunity to be unique. It is true that there are real people making money online who are ready to share their formula with you but you must be very careful because in the same vein, we have those who do their best to scam people online – The truth is, these scammers are becoming wiser and wiser by the day so you must beware of who you buy from, make sure the person is credible and reliable.
5) Have a Business Plan
Another very important thing to consider is having a business plan. This should be the most important thing in your online business, you should know what to do when this happen and where to go if that happens. You shouldn’t just rely on one thing but you should be able to diversify, improve upon and keep on testing new things because this helps you in your overall business life.
Wrap Up
Not all that glitters is gold and you can truly make millions online but the most important thing is how you go about it, are you planning to play with fire or do the right thing and get the right result. The above are 5 great things you must consider when trying to make money online.
About Author :
Onibalusi Bamidele is a 16 year old entrepreneur who blogs at http://www.youngprepro.com. Get his free ebook on how to make money online at http://www.youngprepro.com/successebook
About Lee Ka Hoong
Great Post Onibalusi.
I agree with your points. A web business/online business is like any other business.
It takes work, time and effort, just like any other business.
Many people believe that the web is just a magic wand, which will give them untold fortune.
Many people also give up very early on in their web business. This is also because of the hype created by scammers, which give them hope of having success in ONE night!
Nabeel
Hi Nabeel,
Yeah! Exactly.
People want to get rich quick and that is the major problem affecting them.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Get Quality Traffic to Your blog
in my 2 years of blogging, i completely agree with the fact that you need to invest in your business….from a small money for domain to a big money for theme, you have to empty your pocket or you will end up as a just another blogger
Tushar recently posted..How to Get Sponsors for Your Next Contest?
I do agree strongly that you need a business plan! In fact i have a daily action plan which i stick to consistently.
Consistency is the key to Success. Many people will give up half way because they realize they cannot get rich overnight. Fact is there is alot of hard work involved.
Hi Tushar,
Exactly! Many people are not even ready to spend.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Get Quality Traffic to Your blog
Hi Onibalusi! Nice to see your guest post again here. Making money online is not an overnight effort. However, i still believe that our hard work will be paid off if we can persistently develop our blog. Thanks for your sharing! :)
Kok Siong @ Cancer Research recently posted..Apoptosis | How our Cell Die
Hi Kok,
Yeah! It’s been a long time I wrote here and it is mostly due to my exam (not over yet).
Yeah! Exactly! Your hardwork will not go unrewarded.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Get Quality Traffic to Your blog
Great points – all of them. No overnight success in this business – or in any business for that matter.
Anne Moss recently posted..Engagement – At the Core of both Content AND Promotion
Exactly Anne!
That is what most people don’t know.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Make Money Online
Onibalusi Does it once again. Great Post mate.
Every busy offline or online needs investments. Blogging has some little advantages that sometimes you can start free (like in blogger.com, wordpress.com) and then as you start earning some money you can invest into getting a hosting and domain and so on. So I must say investment is really needed in online MMO. But I see many bloggers out there who are not willing to invest. Hope so they will get to know the tricks someday.. And ya making money online is not at all easy, we need to do a lot of hard work.
Shiva@Web Magazine recently posted..Clearing up the Comment Links Mystery!
Hi Shiva,
Exactly! You are absolutely right.
Making money online is really not easy but your hard work will definitely not go unrewarded.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Make Money Online
Onibalusi Does it once again. Great Post mate.
Every business offline or online needs investments. Blogging has some little advantages that sometimes you can start free (like in blogger.com, wordpress.com) and then as you start earning some money you can invest into getting a hosting and domain and so on. So I must say investment is really needed in online MMO. But I see many bloggers out there who are not willing to invest. Hope so they will get to know the tricks someday.. And ya making money online is not at all easy, we need to do a lot of hard work.
Shiva@Web Magazine recently posted..Clearing up the Comment Links Mystery!
The planning stage can be crucial but never let it get in the way of your success. If you’re getting caught up with every little detail, you’ll never launch!
With that being said though, there are plenty of resources online to get you started. Like you said, just learn from those that have been there.
Murlu recently posted..How To Setup A Domain With Hostgator
Yeah! Exactly!
You are absolutely right.
Learning from those who are there is one of the best things you can do.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Make Money Online
A very good research you have done. :) cheers. Enjoyed your article.
- Robin
Robin recently posted..iOS4 Available for Download
Hi Robin,
Thanks so much for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Make Money Online
Having a business plan is what I consider a very good point because if that is in your mindset making money online will be seen like a real business and not just a quick to make some money online and your point about seeing more scam than any real thing, you just have to be very careful, we are all greedy in some way but working with a plan might help in helping us keep our hard earned money!
Exactly!
Having a business plan helps you take the right steps easily instead of wasting your time on useless thins that brings no results.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Make Money Online
Thanks for reminding me about No success overnight :) I have a hard time starting up my blog about Magento but now I find joy again. It’s hard to always keep yourself positively and love what your are doing rather than money :)
Mike@Magento resources for bloggers recently posted..3 business types that you can use Magento for
Yeah Mike!
Exactly, there is truly no success overnight – hardwork and consistency will really help a lot.
Thanks a lot for the nice comment,
-Onibalusi
Onibalusi Bamidele recently posted..21 Powerful Ways to Make Money Online