Saturday, March 28, 2009

The Illusions Of New Ways To Make Money

As a well "plugged in" neteprenuer (read to mean subscribed to many email lists), no month will pass before you get an email in your inbox about a new way to make money online.In Russell Wright's Market Domination report, he notes " the idea that there are constant new ways to make money online is an illusion...under this illusion and [at a] rush to make a fortune online through this new methods, [you] actually miss out on getting the simple facts and skills that will bring you long term success'.

Holding on to sound business principles has never been as important as it is in the internet business.And as Wright points out, there are simple facts and skills, however they are not obvious.The internet has such a knack for supporting warped business concepts due to ease of reach and access to a large gullible populace.

The illusion that there are constant new ways to make money breeds in the fertile grounds of the first illusion discussed here last week - that of constant change.Wright nails it when he says, "whenever 'the next big thing' comes along, there is always another internet market product for me to buy that is supposed to be the best way to cash in on the latest changes online"


The new ways of making money ride on the fact that things are changing.

And by being an early adopter you can cash in before everyone else.And though there is truth in profits being first to market, you need to note there has to be a market; a sizable sustainable market.Otherwise you will be dealing with a passing fad rather than an incoming trend.This is the difference; trends are usually evolutionary and not revolutionary as is always presented by fads.Market trends are gradual events, overtime, many times building on the past hence evolutionary.This is opposed to fads that easily come out of the blues and jump on you.

Even with trends you really do not have necessarily a new way to make moneys, rather a different way.Often this way is more convenient, cheaper or better or some other positive adjectives as far as the market is concerned.

This illusion of new ways to make money can be blamed on particular cliques of prominent internet personalities that feed their email lists with the fear of change.These cliques then profit from selling the purported anti-dote to the change through joint ventures and affiliate programs.However what is not clear is whether this is done as a well planned rip-off or they too are disillusioned.

These cliques consist mainly of individuals that entered the internet business in its early ages when the internet was still getting its footing in the world's economics.This was a time of perpetual change as the human race expected big things to happen with the internet but were not exactly sure how it was going to happen.With the entry of email list these individuals managed to gain access to many netprenuers inboxes.So their ideologies tend to spread like wild fire.Obviously when they hold on to wrong ideologies they tend to infect a whole lot of people.

But a word of caution from king Solomon, the wisest man who ever lived, "Is there anything of which one can say Look!There is something new?It was here already, long ago; it here before our time." So if it's new, buyer beware.


About the Author

The author recommends an All-in-One Small Online Business solution by SiteSell, see the SiteBuildIt Review here.

It is a product by Ken Envoy.

Relaited Links:

Labels: , , ,

Is Running An Internet Marketing Business Right For You?

Making an internet marketing business work, especially one centered around the relatively new introduction of the ebook can be more difficult and more rewarding than most people would know.The sad fact is that many internet businesses that come up never actually make any money, recession or not.

Time, effort, intellect, and a little planning are all needed in the right dose just to get things even remotely in the right direction.A level of passion and commitment is thoroughly required to make it through it.While it's not making money, it's a labor of love and despite all the movies and songs saying otherwise, it's a tough road.Without the guts to keep pushing during those tough times, you're pretty much doomed to failure.

Another idea that you need to focus on to make your ebook endeavor worth it is that you should realize very few businesses actually start making profit off the bat.You need to work off the initial costs and so forth.If you're new, you're bound to make a mistake or two.Even though mistakes can slow you down, they can also provide you with the best first hand learning experience you could ever ask for.

And when victory comes, it will all be worth it.

An ebook based internet business still requires a large number of things to go right.Setting and sticking to your goals is one of the first things you should do and keep doing.Adjustments may have to be made, sure - most plans never survive first contact.Maybe the topic doesn't have enough of a paying audience.Perhaps it's changed enough that you're no longer comfortable getting deep into it.

Either way, if you do change your plans, it better not be because it's too difficult - it had better be because you're looking to optimize your system and your internet endeavor even further.

Discipline, like in gambling, like in any competitive sport, like in any real venture, is truly a must and double for anything that involves money.It can be easy to stay in bed, maybe skip a day of work.Eventually, you might end up missing half or more than half a week of work, and your website's no longer the rocking dynamo that your website used to be.Internet marketing allows you a lot of free time once your systems are up and running for you, but it needs a lot of heart to keep doing day by day in the beginning before you make any real profits.

Attention to detail can make a good electronic book into an amazing digital work.The web is full of details now - people are spoiled with information.Ideas and concepts and even myths are so easy to confirm or bust with just a little research now.Pay attention to how you write it, what you're writing about and how much you're writing.A little mistake can make your ebook an internet memory rather than the moneymaking machine you intended.

There are no shortcuts, no get-rich quick schemes that truly work without beating lottery-like odds - but for the most part, with the right aspects and details, you can make a lot of money.An internet marketing business based on ebooks, is one that could set you up for life.


About the Author

Scott Boyd is an author of Internet Marketing and Health related Books.

See more information about writing, publishing, and selling eBooks at Writing Selling EBooks.

Check out my jam packed Writing Ebooks Blog where you will discover a wealth of free information for a lifelong resource.

Relaited Links:

Labels: , , , , , ,