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Thursday, June 3, 2010

Online Business Article

Free Home Business Tips

There are virtually unlimited ways to make money online but just
because you earn money doesn't mean you have a real
internet business. Unfortunately there are scams, outdated ideas
& opportunities, and other ways to make a little money on the
internet but they aren't real businesses. In this post I will take a
closer look at these possibilities and tell you how to find real
internet business ideas that you can implement to help you make
money from home.

* Online Business Scams

You will see the word "scam" being thrown around a lot when it comes to
making money online. Just about anytime someone is unhappy with
a program or opportunity they have tried they are quick to call it
a scam. However, this is often unfair and is usually not actually
true. It implies that you have been intentionally deceived and
defrauded. This does happen but it's a lot more unusual than you
might think.

A couple examples of scams would be where you send money for
a product that doesn't even exist, or you pay for business coaching
and never get it. You can usually avoid having this happen to you by
checking online forums or searching Google for reviews and information
on the product or service that you are considering.

* Outdated Ideas and Opportunities

When you are browsing for ways to make money online you will
undoubtedly come across some internet business ideas based on
outdated methods that no longer work or don't work very well
anymore. The internet changes very quickly so what works one
year may not work the next year, and any online business strategy
must be very flexible and keep up with the changes.

For example, a few years ago it was possible to make a lot of
money with Adsense by building websites that automatically
created thousands of spam pages to attract traffic from a ton
of different keywords. The search engines figured this out and
started dropping and banning those types of sites. They also
changed their algorithms so sites like this wouldn't rank highly
anymore. Google also made sites like that against the Adsense
rules. Needless to say, that technique doesn't work anymore but
you still see plenty of people promoting it as a great way to make
money online.

Adsense is still a great business model and you certainly can
make money with adsense. But you have to do it in a way that works
right now, not a way that worked a few years ago or even last year.
Internet marketing techniques change very fast so you need to
continually learn how to make money online with adsense and
keep up with the times.

* Is it a Real Internet Business?

Many people make money online working for others and think they
have a real internet home business but they actually don't.
This can be about any type of home job from writing website
content to working in customer support. Many people are happy
doing this type of work but it really cannot be called an internet
business. Somebody is employing you, even if you never meet them
or even talk to them other than through email or messenger.

There is a fine line between doing a work at home job for someone
else and running your own online home business. One way to see the
difference is to look at who sets the price. Is someone paying you
a certain amount of money for doing a certain task? If so, they own
the business. Or are you setting the price and accepting clients who
take it, or doing things where you are in control of how you make the
money and how much you can make? If so, you own the business.

* Where to Find Internet Business Ideas

One of the best ways to find home business ideas is to observe other
successful businesses. Many people will offer to teach you how to make
money online if you read (buy) their ebooks and products but you can
often learn more from watching how they sell this service to you.

Even better, visit a site where websites are bought and sold to see
the exact ways that the owners are making money from these sites.
It is hard to get an idea of the money making potential of a website
just by looking at it, but someone who is selling you the site will tell
you exactly how much money it makes and how.

You can see profitable websites and real online business being sold
at places like the Sitepoint Marketplace and Digital Point Forums.
Look at the premium and established sites for sale and click through
to the details. The owners will often provide detailed reports,
screenshots, and PDF downloads of how they make money from
the website.

You will see at these marketplaces that there are a massive variety
of existing online businesses available to buy. Even if you want to
build your own website instead of buying an existing one, visiting
the site selling markets will give you a ton of home business ideas.
Make sure you write them down so you don't forget all the details of
these profitable internet businesses after the sites are sold.

I will finish by saying that it's not easy to build a real internet business
that brings you in significant profits on a consistent basis.
You will have to spend a lot of time learning, researching, working,
and implementing new ideas and techniques. Don't expect to make
money online fast and don't be fooled into thinking you can join some
business opportunity then sit back and wait for the money to roll in.
That's not going to happen!

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