There are hundreds of ways to make big money on the internet and every week more people are cracking the code and are adding additional income streams to their bank accounts. A little at first but over time and with more experience those small income stream grow and grow until those very same people are pocketing in some serious change on a regular basis.
I’m doing it and you can too.
It’s not hard and IF YOU FOLLOW THE RULES there’s no reason why you can’t become a member of that group.
But there is one fatal flaw in the process that results in the majority of those attempting to create those additional income streams to fail.
It’s called Paralysis by Analysis
Because the internet provides SO MANY WAYS to make money online, people become overwhelmed and spread themselves so thin that they fail, give up and badmouth the system as a ‘get rich quick scheme.’
It’s not because if you do it right you don’t get rich quick, but you do learn how to make money online and the more you do it the more money you make.
So here’s how you start. First create a business email address. Since you are entering the online business community you need to have a business address. They’re easy to get just go to Google gmail or yahoo or outlook and create one.
Next, THIS IS THE MOST IMPORTANT STEP AND WHY MOST PEOPLE FAIL. You need to choose a niche. A niche is the type of business you want to be in.
As you can see, I’m in the information/online learning business niche. The Underground College provides tutorials that teach new business skills and videos on how to start your own business.
But you need to find your own AND IT NEEDS TO BE A NICHE THAT FEATURES A PRODUCT THAT PEOPLE WANT TO BUY PLUS THE COMPETITION MUST BE LOW.
Pat Flynn teaches people how to go about finding their niche and more importantly, one that will make them money. Pat is a highly respected member of the online business community so if you really want to make money online he’s the ‘go-to guy’ so grab a cup of coffee and a pen and paper (you’ll want to take notes) and watch the video. (for some reason it starts 17 minutes in, so you’ll need to scroll back to the beginning to see the whole tutorial) Here’s the link
How to Find Your Niche
As you can see Pat uses Market Samarai Tool to quickly access the niche value. You can get a 30 day free trail of Market Samuarai (no credit card required unless you decide to buy) at this link:
So sit back, watch the video and kick around ideas on how your going to spend all that money