Thursday, August 21, 2008

How NOT to make money online when you have a few minutes of time If you have a computer, an internet connection and a few minutes of time, you can make some money online. Yes, it is that easy - but there’s a catch. The hard part – and this is what other articles don’t tell you – the hard part is that what you’ll make each time is probably either going to be very little, or very infrequent. Let me give you an example. Do you want to make $10 right now? Well, one way is to sign up with an online casino. Most will give an incentive for first-time members, usually in the region of $20. The condition is that this money will be required to be placed in a bet before it can be withdrawn. All you need to do is to place two bets of $10 each on odds of 50-50 and you’ll have at a 75% chance of making at least $10. 25% of the time you’ll make $20. I will not give you any links to online casino websites because I do not condone gambling, nor do I encourage this method. But do a search on Google and you will find hundreds, if not thousands of websites that will give you a bonus for signing up. Just search for “online casino”. Say you use this method once during your coffee break and once before you leave the office. And say you work 5 days a week. You’ll average an extra $100 per week, $430 per month and $5,200 per year. Not bad, huh? In fact, this is the type of information that is sold in get-rich-quick ebooks that advertise how you can make $5,000 per week without any selling. The only difference is you’ll need to do it (very) much more frequently. I hope you can see the problem with this method, because if not then you may not get what I am trying to tell you. (If that’s the case then perhaps you should stop reading and try it out for yourself.) This method is good for short term beer money, but not for the longer term. This is because the rate at which you make money won’t increase. In fact, it will decrease because it gets increasingly harder to find new online casinos. The real way to make money online is to create an income stream that has an increasing rate of return for your effort. I cannot stress on this enough – the RATE OF RETURN is the single most important thing. Let me give you an example. First, think what your hobby is. Something that you are really passionate about. Let’s just say you’re a fan of cars. You visit an online forum to check on certain opinions. You ask a question. In a separate thread you reply with your own opinion. And you read one more topic just out of interest and leave a comment. This takes less than 10 minutes of your time, and it’s something that you’ll happily do. Now let’s say in each of your posts you automatically leave a link. Anyone that reads that post will see that link, and might click on it. The link will bring them to a website. If they like what they see on that website, they might buy it – and you will make some money. The more you use this simple method, the more exposure your website gets. The links that you previously placed will always be visible. And with every new link you place, you will exponentially increase the number of visitors to your website. In the past 10 minutes you would have left 3 links. Let’s just say each link makes you just one sale per month. In this case, let’s say you make just $2 from every sale. Now let’s assume you did the same in the casino situation which means surfing forums twice a day, 5 times a week. Within a month, you would have made $258. The next month – remember, the links you place will remain there forever - you will make $516. In the third month, you will make $774. Doesn’t sound like much, right? But cumulatively, over a year you will make $82,680! Doesn’t this sound so much better? All you need now is a website that sells something that appeals to a wide range of audience. It needs to be able to automatically collect payment and send the goods. It needs to be well written. It needs to be frequently and automatically updated. And most importantly, it needs to be proven to work. Here’s one such website: http://www.twodollars.biz/join.php?a=533315 Report Spam | Terms & Conditions | Contact Us © TwoDollars.biz 2006 - 2008

Thursday, August 14, 2008

Achieve financial freedom via the power of cumulative online streams of income Financial freedom is a situation where you are constantly making more money than you are spending, without having to work. To achieve this, you need to have multiple streams of income. An example of a stream of income is renting out apartments. If you have two properties that you can rent out for $1,000 each, then you are said to have an income stream of $2,000 per month. To make money without having to work is of course a very ideal situation, but it can be hard to achieve using traditional methods. The three most popular ways are: Collecting income by renting out properties Keeping profits as a business owner Living off the dividends as a shareholder of a public listed company All three of the above require you to have a lot of money invested in the first place. Traditionally, making returns of $10,000 per month requires you to have at least a million dollars in modal. Today, with the use of technology, there is a fourth method that is fast becoming very popular. It is now possible to cheaply create online steams of income via the internet. The prerequisites are: A computer An internet connection Basic knowledge on how to surf the internet There are two parts to achieve financial freedom – “Finance” and “Freedom”. Let’s start with “Finance”. To make money online, you will need something to sell. You need a product that interests a wide range of audience, that is easy to sell, and that is profitable to you. In the most ideal of situations, your profit is 100% of the selling price. To obtain “Freedom”, whatever you sell needs to be able to automatically sustain itself. What this means is that you need a website that that can automatically collect payments, send the product, update itself regularly, and provides its own market materials. Sounds very theoretical doesn’t it? A website that: Is easy to sell Let’s you keep 100% of the profit Automatically collects payment Automatically sends the product Updates itself regularly Provides marketing material How much would you pay for an opportunity like this? And I haven’t even mentioned yet that such opportunities should be cheap for you to join as well. Well, the truth is that such websites are hard to find, but they do exist. One example is TwoDollars.biz. This website is probably the cheapest and fastest way to start making money online. Of course, as you might already have figured from the domain name, making $2 each time is not a lot of money. The trick is to do it many times, over and over again. This is known as an accumulative stream of income. With TwoDollars.biz, all you need to do is to link to the marketing material this is provided. You can link to it via any form of online communication – emails, forum posts, blogs, social networking sites, etc. Everytime someone clicks on one of your links and makes a purchase, you will make some money. The more links you leave, the more money you will make. The more creative you are at getting people to click on your links, the more money you will make. The longer your link stays visible to people, the more money you will accumulatively make. Once you establish a network of such links, you will have an additional stream of income. For ideas on how to create such a network, please have a look at: http://www.twodollars.biz/?a=533315 Please copy and paste below URL in your explorer. http://www.twodollars.biz/?a=533315

Wednesday, August 13, 2008

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