If you think that you make money online then you are mistaken. You make money from ideas. In fact you make money from just 1 idea. Finding that 1 idea may take trying different ideas but ultimately its just 1 idea that makes you money.
So why dont you make money online. Well I say this because you will come up with the idea in your mind. Its this power in your mind to come up with ideas and turn them into money that separates most entrepreneurs from the rest of the bunch. Sure there are mechanisms on line for money to change hands but really its the idea that makes money and that happens in your mind.
There are going to be different technical mechanisms for processing a transaction but first and foremost you need to have an idea.
So how do you come up with an idea that is going to make money?
1- First off you need to know what your market is. This market needs to have some distinct characteristics like size and money. It needs to be large enough and have enough money changing hands that you can have some of the action too.
2- You need to be good at what you do. People want to buy from someone who knows what they are talking about. If reassures them that they are making the right decision and they dont need to look elsewhere for the information or service or product. Like Ben and Jerry Ice Cream, you know its good because it tastes good. It does what it says and it does it every time.
3- In order to get good you need experience and also some guidance. If you can have someone show you what ideas work and what ideas dont then you can cut straight to the chase and get good at doing the things the work.
4- You need to be passionate. People see passion even when you are not directly in front of them. Most people will buy into passion because they know that even if that person does no know right now they will find the right way later and in a way it becomes an investment that will bear fruit one day.
You may not make money online, you make money from ideas but you still need to know how to translate those ideas into money be it online or offline.
Friday, 12 March 2010
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