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Make Real Money Online – Is It Possible?

Make Real Money Online – Is It Possible?

Author:

haroldkurt

Certainly we have all heard about those who have ‘struck it rich’ on the internet. Companies like Google, Amazon, eBay and Facebook are legendary. Of course we all know that those success stories are rare.

However, if you set your sites between those two extremes (neither as high as Facebook, nor as low as your neighbor), it is quite possible to earn a considerable income on the web. Those who succeed typically take one of two approaches.

Paths To Help You Make Real Money Online

The first approach uses a system in which you build multiple streams of income by partnering with experts with the necessary skills and knowledge. The second approach is to put all your energy into building one business that offers a service or product that is in high demand. Let\’s look a little more deeply at those two alternatives.

Multiple Sources Of Online Income

Some of the most successful internet entrepreneurs build a business that relies upon the expertise, services and products of other businesses. The most familiar of these models is affiliate marketing.  However even the most profitable affiliate marketers frequently take advantage of other income opportunities, including Google\’s Adsense or other online advertising programs. Some business people add other ways of generating revenue to their personally mix of opportunities.

One of those is ZibZoom, which offers a franchise opportunity to earn money through their various portals such as the ZibZoom Search Engine (a very different approach to earning than Google offers) or DealConnex  (a discount/coupon service connecting local consumers to local and national businesses). While the investment in such businesses is low, a wise business person is still able to leverage the expertise of the franchise distributor to build the revenue in order to dramatically add to the total income of the new business.

The advantage to the strategy of developing multiple streams of incomes is that the approach typically provides some income sooner than the single business approach, and that earned income can be reinvested in your efforts to build other revenue streams. In other words (all other things being equal) you will begin to see money coming in sooner than you will under the second approach.

Concentrating Upon A Single Business To Make Real Money Online

The other common system to truly making genuine money online is to start a single internet business, focus all your attention upon it and build it until it grows to the size that you desire. In most cases, this effort will take more time (and, perhaps, more financial investment) to develop to the point of actual profitability than will the ‘multiple streams of income’ approach. In the long run, if you have the time and financial resources, what you dedicate to the building process may be worth it.

You must first identify what product or service you can offer. Second, you must do the research to make sure that what you are offering has sufficient demand. Third, you have to come up with a unique selling position (USP). Your USP can be any one of a number of things, but it must be strong enough to command the attention of either the consumer or business to which you are offering your service or product.

Here are some things with regard to your USP that might work to your advantage in this approach:

  • Same or very similar product or service at a considerably lower price
  • Clearly superior product or service at a price close to competitors offering the lesser product
  • Demonstrably better service with the same or similar competing services
  • Far better guarantee than offered by competitors
  • More appealing USP presentation than the competitors

Remember that, as the newcomer, you must prove yourself in some trustworthy way before potential clients will be willing to buy. Your competitors will have proven themselves by longevity or other means.

Summary

If you have lots of money and time, the single business approach may be best for you. Otherwise, we suggest that you follow the path for the model that encompasses the multiple streams of income approach. Either way will allow you to make real money online.

Article Source: http://www.articlesbase.com/home-business-articles/make-real-money-online-is-it-possible-4854964.html

About the Author

To read more from Harold Kurt, please visit his blog at http://HaroldKurtOnline.com

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Feature Article: Starting a Home Business on a Shoestring Budget

Starting a Home Business on a Shoestring Budget
Copyright Josh Fritze
http://www.TheGreenbackDollar.com

Whether seeking a supplemental income or a full-time income, many folks have undertaken the task to discover a viable home based business solution to meet their personal needs.

For most folks who contemplate a home business, a low-cost or no-cost solution is not only nice, but also very necessary. Many also seek to find a home business that will permit them to maintain their regular day job in order to protect their base income.

Taking the cautious approach to a home based business and keeping one's job during the start-up period is often a very good decision. By maintaining one's job, one can maintain the health of their personal finances while permitting their home business grow healthy and strong.

Fortunately, most home based businesses can be started with little or no cash, can be maintained on a shoestring budget, and can be operated successfully with only a part-time investment.

One day, the business will be strong enough to support itself and its owner. When that time comes, it will make good sense for the business owner to leave his or her outside job to dedicate more time to growing and maintaining their new thriving home based business. You will know when that time has finally arrived.

The nature of a home based business makes it easy and very realistic for most folks to take the plunge into home business ownership.

Yet, many folks put off starting their own home based business, because they have the misconception that they will have to risk thousands of their own hard-earned dollars at start-up. Then later, if their business fails, they fear they may be forced to take out a second mortgage on their house just to stay out of bankruptcy.

Are you one of these folks? Do you let your fears of failure keep you from reaching for your dreams?

If so, then allow me to introduce you to a few home business ideas that you can start for less than $100 and can be started and operated very profitably as a part-time business.

THE LIFEBLOOD OF ALL SUCCESSFUL BUSINESSES

First of all, let me advise you to search out a business model that will deliver steady and repeat business. It is the one thing --- above all others --- that will assure that your company can survive the test of time.

HOME-BASED MAIL ORDER:
Home-based mail order is a good example of how one can quickly grow a home business income. Mail order is a low cost start-up business that can be launched for around $100 USD.

With proper planning, your home-based mail order business will not require up-front inventory purchases. In the mail order business, it is not uncommon to rely upon drop-shippers for product fulfillment services.

By utilizing drop-shippers, we can sell the products, collect the money and then purchase the products from the wholesale outlet. The wholesale outlet will then put a return address for your company on the product packaging and deliver the product directly to your customer.

Your primary expense in the mail-order business is advertising. Classified advertising tends to be a relatively inexpensive form of advertising with thousands of outlets available to the small business owner.

WHOLESALE BUSINESS:
Buy low --- sell high. You can acquire high quality, top-of-the-line merchandise for a fraction of the retail cost.

AUCTIONS:
Auctions can be an excellent source for buying cheap and selling high. Both government auctions and Internet auctions can lead to some excellent profit opportunities. Auctions are an excellent tool for both acquiring and selling merchandise.

MAKE AND SELL YOUR CRAFTS:
Crafts are a hot seller at country fairs, swap meets or anyplace where people gather. Make your own crafts and sell them for a tidy profit!

SELLING INFORMATION:
Selling information by mail is another good example of an inexpensive home based business start-up. One can gain the resale rights to information for usually about $50 USD. Other costs will include printer cartridges, paper and postage. There are plenty of free classifieds sites on the Internet, in which to successfully advertise your information.

WRITE INFORMATIONAL BOOKLETS:
Write and publish your own informational booklets; sell them at a high price! All you need is a little know-how, a printer, paper and stamps. This is a GREAT home business idea! You can also sell the resale rights to others, for extra profits. In this age of the Internet, you may also take advantage of the fact that selling information is one of the most profitable endeavors one can pursue online.

OFFICE SERVICES:
Offer office services for hire in your local paper. You'll be surprised at the amount of regular office business that can be gleaned from one little classified ad. Word processing, typing, accounting, data entry, proofreading, transcription, promotional letters and newsletters. All these tasks can be accomplished right from your own home office.

AVON REPRESENTATIVE:
Yes, Avon's been around for eternity, hasn't it? Then it's not such a bad prospect as a home based business, is it? I once knew a woman who did so much business as an Avon rep. that she had people calling her and knocking at her door wanting to order products at all hours of the day and night! Once you are an established Avon representative, you, too, will turn a good profit.

CONCLUSION:
On your search for the ideal home based business, try not to get caught up in any scams that will run off with your money. There are thousands of scam artists out there just waiting for the next sucker to come along. Remember, if it sounds too good to be true, then it probably is. Just use your good judgement and invest wisely in proven methods of earning extra income.

About the Author:

Josh Fritze is the owner of http://www.TheGreenbackDollar.com and reviews popular home business ideas and opportunities. ^FIRST_NAME^'s top home business recommendation is the Plug-In Profit Site at: http://www.PlugInProfitSite.com/main-29796/freesetup.html where you can get your own money-making website setup in 24 hours!

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