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10 Powerful Tips for the Newbie Internet Business Entrepreneur

If you’re a newbie Internet business entrepreneur, these 10 unwritten rules may help you avoid ‘skidding into the ditch’. Make a point of reading them monthly and keep a focus on your goals.

1. Our first and foremost goal is to examine the advantages of creating an online income. Our place of business is open 24/7, so we can work whenever and for as long as we want. Many of our regular tasks can be done on autopilot, allowing us more time to spend with family, friends, and family members. As a result, you will have a less stressful working environment and you will be in control of your own rewards to a certain extent. You should remember, however, that most ‘Get-Rich-Quick’ scams on the Internet are not successful. You should approach it in much the same way as you would if you were starting an offline business, where success requires commitment and a positive attitude right from the start, with little reward at first. 

2. In your spare time, it’s helpful to try out a few programs, especially early in your Internet career, as part of your learning curve, to get a feel for the world of Internet marketing. You can learn HTML, and scripts, create appealing images, and even build your own website while getting a feel for the Internet marketing arena. This can all be done in your spare time. If you’re focused, it’ll be worth your time to learn how to earn regular income before you fire your boss. If you have a lot to learn, don’t sack your boss before you are confident you can earn a regular income. 

3. NEVER.. get involved in ‘get paid to read email’ sites, they’re scams, and you won’t earn a penny, nor will they respond to your complaints! MLM, or any website that promises that you will double or triple your money in a matter of days, or that you will become rich overnight, is a scam. Traders that are bona fide can be found on the Internet, so keep an eye out for offline contact points like an address or phone number. It is a good idea to send them an email before you sign up to see how promptly they respond. Avoid the ‘Get-Rich-Quick’ schemes. They won’t work. 

4. If you discovered a way to earn a lot of money online, would you then share your ‘secret formula’ with everyone? I don’t think so! There will surely be those who will claim they have discovered such a recipe, and they will no doubt offer to share it with you. You will not only lose money but also waste your time in the process. I advise you to beware of words like ‘Secrets’ or boasts of huge income. 

5. Consider this… would a guy who earns several million dollars a year bother to write and market an eBook on how he did it? Probably not! Follow your instincts, they are usually quite reliable. 

6. Don’t be too concerned about images of earnings checks or bank statements purportedly demonstrating the account holder’s earnings; it is easy to create whatever you want with a little imagination. It’s no different from recommendation letters or testimonials. Anyone can write them or get their coworkers to write them. They may con some, but don’t let them con you! 

7. You would find that successful Internet marketers all have one thing in common if you looked closely at them, and you would find they are all positive and focused at all times. The ‘quick buck’ doesn’t matter to them, and they don’t lose heart if nothing comes together today. They are prepared to work hard and long to achieve their goals. This point cannot be stressed enough to you…  

8. You should keep all of your business activities logged and documents filed in the right folders. You should regularly check your email accounts and file the important ones. Don’t be afraid of naming files and folders with long names (within reason). You should be able to access any file, folder, software, or email within 30 seconds. A tidy desktop can save you so much time! 

9. Make sure you follow basic Internet Marketing etiquette. Don’t send out a lot of unsolicited emails (spam). It will not be worth it. Make sure you read the Terms and Conditions when you join an Internet marketing program and if you decide to join. adhere to those terms. You’ll make useful contacts during your campaigns. Do not ‘stand on toes’. 

10. Don’t put large amounts of money into online marketing or promotion websites! Most websites have a strict policy on spamming and if you are accused (rightly or wrongly) of sending unsolicited emails, your account will likely be closed, and you will lose funding as well! 

There you have it! Not rules… more a collection of simple guidelines intended to make your Internet Marketing experience safer and more enjoyable!

3 Most Popular Ways of Making Money on the Internet

95% of people starting an internet business fail. There is a lot of noise and hype on the internet these days, but not many people realize that all the ideas and techniques you can find are useless if you don’t first understand what your business model is or how you’re going to make money online. It doesn’t matter how remarkable your internet marketing technique is if you don’t understand how to use it.

The 3 most popular business models are:

Affiliate Marketing

Affiliate marketing is one of the most popular programs out there, and is a good place to start for newbies. Anyone can sign up for an affiliate program for free and promote a product or service. Commissions begin to accrue if someone purchases the product or participates in the program. As affiliate marketers, there are no risks involved, since they are not responsible for creating the product, they handle customer service, and they do not need to know the intricacies of internet transactions, like merchant accounts, autoresponders, reciprocal links, etc. Even without a website, it is possible to become an affiliate.

Affiliate programs may not require a large investment up front. Many are free. That is why almost everyone promotes affiliate programs at some point. The Internet is so overrun with banner ads and ads today due to affiliate programs, and that is no surprise. 

Affiliate marketing is a huge industry with millions of marketers, but only 5% ever make any money and only 1% make really big money. The “Super Affiliates,” as they are referred to, do things very differently, so they make a lot of money.

Writing an eBook or other type of information product, recording an information CD.

This is a great strategy because there are thousands of possibilities for the type of product that you can create. There are so many niche markets that you can write about. There are endless topics that online marketers could cover, including Japanese gardens, how to start your own babysitting business, how to sell your artwork, how to take care of your dog’s ears, and many others that have not yet been covered. If you don’t want to write the information yourself, you can hire a ghostwriter or hire someone to produce the CD for you. 

Compared to affiliates, eBook authors must invest more. Affiliates are able to get something for free, but eBook authors need to learn a lot more than affiliates do. It is necessary for them to spend some money to get the business up and running, but when done correctly, this online business model pays off very well. 

A very, very low production and maintenance cost allows these marketers to make more money. Once a product is produced, it costs nothing to produce thousands of copies. By selling a few copies of very high-margin eBooks, you can cover your start-up costs. You can even recruit hordes of affiliates to take care of the selling.

Adsense

There are tons of testimonials from people making outrageous incomes from AdSense. 

Webmasters can display advertising from Google’s extensive list of advertisers on their sites, and when someone clicks on the ads, Google pays them a commission. 

With Google Adsense, ads are delivered that are highly relevant to the content of a page using technology. By scanning the page’s content, Google’s engine determines its topic, and then it serves relevant ads. You only need to build a website filled with content related to your desired niche or topic, and then register in Google Adsense to get started. Following approval, you paste a code into your page, and the ads appear immediately after uploading the changes.

Google is silent on how it shares revenue per click with its partners, but how much you will earn depends on the topic and the product you are advertising. You will most likely get a lower pay per click with products with profit margins of $10 for the advertiser than with products with profit margins of $100. Additionally, high-converting ads will usually pay you more than less effective ads, since they can afford to pay more per click, with some of that money going to you.

Whatever business model you choose, ensure you understand the basics. Stop buying courses or information that is not applicable to your business. Information overload can stop you from starting.

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