So you want to make a million dollars online.
Well folks I don't want to disappoint you but that is not likely to happen.
We all have this view that there is a way to make money based on not having to work real hard.
Is this really possible online?
I have found out that it is easy to find sites where you can actually make $10.00 to $30.00 in one sitting. Not too bad huh?
Well lets just look at it this way. If you were paid $15.00 per hour and you worked 2 hours you would make that $30.00. If you are spending 4 hours to get $30.00, then you are really working at half the rate.
In the early eighties, there were a proliferation of multilevel marketing programs that promised........You will not have to trade your time for money. A few people did well but most of the people on the bottom rungs never made money and they traded a lot of time for no money. I have known people in Amway, World Connect, Primerica, Nikken. I remember a lot of people started out and said that they were making good money. With the exception of Amway, most of the people lost down line as the trends in the US changed. Is it possible to make money with a MLM? The answer is yes but for most people the odds are fleeting.
The online revolution came along in the late nineties and promised to decimate the whole brick and mortar retail business. Everyone is going to be shopping online. Of the few survivors, there are Amazon.com and eBay. Thousands of .com failed at the year 2000. Was this the y2K? No it wasn't. It was just a failed business model. Yes it was. The few that survived to today are the ones that had good business models. Alas, brick and mortar is still around
When blogs hit the web with force, a person could write what they wanted and sell advertisements on his/her blog. Many people thought that they could make good money just writing what they wanted. It turned out for most as the old saying goes, "You are lucky to earn enough to buy a good cup of coffee with your monthly earnings" As with the MLM's only a few sharp people make money with blogs.
Now there are a lot of new ways to make money on the web and I will research these.
Right now I am starting many of these programs and my hunch at this point is that there is not anything out there that will make a person really wealthy quick. There are some sites that a person can make some pocket cash but that is likely about all they'll make.
There is off course eBay and online investing where a person can make a lot of money. To make money on eBay, a person has to be good merchant. This is the same as any other brick and mortar retail establishment. To make money on online investing, a person needs to have a lot of money behind them and a lot of experience.
The old adage, "You can't get something from nothing" applies here on line. In almost all cases, you are going to need to put time in to make money.
I wish everyone success.
Monday, June 23, 2008
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