Have you ever heard the saying that you don’t have to “re-invent the wheel”? It is so true. Maybe you can innovate the wheel in some way to improve it, but the wheel is something that cannot be improved upon too much. It’s been around for a long, long time, and would be hard to improve on.
The same is true, although not to the extent of the wheel, when it comes to making money online. You don’t necessarily need to come up with something totally new. Look at models of what people are doing now, and figure out how to adapt those models to your own situation. You have a product that you want to sell online? Well, there are dozens of online shopping cart solutions available, you just need to choose the one that fits your needs. Want to write a book about your subject of expertise? Well, lots of people are writing and selling e-Books, and you can too. Honestly, there are thousands of ways to earn money on the net, and there are thousands of “wheels” out there for you to emulate.
What you need to do first is to choose some good blogs about how to make money, and read them. Read them everyday. Read them more than once per day, if you like. But, read them regularly. If you don’t, how serious can you really say you are about earning a living online? Yes, I would be happy if you decide to read this blog regularly, and I would thank you for doing that. But, I am far from an A-lister when it comes to this niche – how to make money online. I earn a nice living online, but others have much more experience than I do.
For me, the best source of information on this niche is Darren Rouse, the Problogger. Darren writes several articles every day, usually 7 days per week. When it comes to blogging, Darren is the best source for how to make money. How about affiliate marketing? If you want to learn about that, Shoemoney gets my vote for the best source on Affiliate Marketing. In my case, I have made money in many different ways. I have made money blogging, sales through my online stores, selling on eBay and other methods. I would say that the niche that I try to fill on this blog is not the huge “make money online” niche, but rather “make money online while living in the Philippines” niche. It’s a different niche, believe me.
Anyway, the place I am going with this is to choose a half dozen or more sites that are about making money online, and read them religiously. If you are serious about wanting to make money online, reading these sites is part of your work for the day. It is just as important as picking up the hammer and swinging it, if you are a carpenter. You will pick up a lot of new ideas and methods by reading sites like these.
Another tip, very important – beware of which sites you are using for your research. A lot of people put up sites about how to earn money online. The problem? A lot of these guys who put up such sites have never earned any money online! Have you ever heard the old saying – “Those who CAN do – Those who CAN’T teach.” Make sure that you are learning from one of those who “Can,” and the best way to know that somebody can earn money online is that he/she IS earning money online.