Monday, May 5, 2008

Want to Earn a Full Time Online income?

By Mark Thompson

How many of you reading this have seen those ads that tempt you with pictures of Ferrari's, yachts and big houses. Do those programs work? No, not unless you are the owner. You are probably wondering if there is actually a way that you can make an online income

The short answer is yes but you need to put in a lot more time than a few hours per day to start with. When I first started Internet marketing I worked up to 12 hours per day building an income to replace the one I lost when I left my previous job. I had to work so hard because I was trying this with any help or advice. I was making mistakes and then learning how to rectify them. It takes dedication and focus and slowly but soon your income will grow to the point that you can cut back your hours and get some quality time with your family.

If you want to make money online you first need to have a reason for making that income. Spend sometime working out exactly what you want from life. Forget big houses and fast cars these are only transient things. There will be a bigger and better house that you'll want next year. Think about what really matter to you.

What about watching your children grow up, meeting them from school, spending afternoons with your wife or husband doing what you want to do. Taking the morning off to visit an exhibition without being worried about what the boss will say. Think about being self reliant and not having to wait for a monthly wage from your employer. If you can be realistic about what matters then you will make an income online.

Ok so now you know what you want it's time to look for a strategy that will work. The fist thing to do is to get yourself a strong foundation in place. Your foundation should be a steady reliable form of income. Once you have that income in place then you build on it. It 's a lot like building a house start with strong foundations then add walls and finally a roof.

When I started my foundations were based on 3 types of income that had a long history of paying out on time every month. Amazon, Adsense and Clickbank. I created good quality sites and then focused on driving traffic to them using article marketing. It took a while to get a decent income but when I did I then turned my focus to the walls.

When it comes to building the walls for our income house it's time to take some risks and have a bit of fun at the same time. Investigate other income streams that you could use. Buying and selling domains might be one good type of project. Also consider buying websites then flipping them for profit. Use what you learned on the foundation stage to improve any sites you buy.

You now come the the final part of our house. It's time to add the roof. In you case the roof should be your own products such as e-books or video guides. You will have a lot of knowledge that you can share with people who are in the same position you were in only a short while ago. The best way to do this is to create products for them. Only please don't use pictures of Ferrari's or yachts!

The really good thing about this strategy is that you don't need any money to get started. There are now enough free resources around that you can create your first income without spending money.

If you are focused and you stay realistic about what you want you will achieve it.

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