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#Earn Online Income Now! RSS Feed Earn Online Income Now! Atom Feed

Earn Online Income Now!
Earning From Online Income Opportunities
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You will fail in earning online income

It's been two months since my last post. You may be wondering what kept
me busy. The short answer is, I've been studing how to earn online
income through an online business. Yes, I spent time, money and a lot
of EFFORT to learn about internet business opportunities.

So what was the result of these two months research? I'll summarize it
in one sentence:

You will fail in your Online Business.

failure1 It's sad to read about it but surveys and research have showed
that 95-98% of all those who try to earn online through an
internet-based business will fail in the first year. From the remaining
2-5% that actually succeed in the first year, only 1% will last the
first 5 years.
Everyday, more and more people are getting interested in having an
online business. More and more people are become part of the statistics
of failure. Why do people fail to earn online income and fail to
succeeed in their internet business? I've researched on those questions
and read so many ebooks, articles and discussions and I've narrowed it
down to these four: Information Overload, Wrong Approach, Lack of
Determination and Discipline. There are other reasons people will fail
but these four are the most prevalent and disastrous.
Let's discuss each one.

Information Overload
There is just too much information on the internet especially on how to
earn online. You've probably received offers on your email, ads on
websites, posts on your favorite blogs. There seems to be a lot of
people that earn online income. Many of these so called internet
business "gurus" would encourage you to buy their products. Just when
you thought you already bought the best formula for online success,
you'll receive another email saying that this system is better than the
rest.
You'll also read tons and tons of webpages claiming to be legitimate
sources and giving unbiased reviews but in the end they are just
promoting products. The more "informed" you are, the more confused you
get. In the end you'll just give up because of the confusion and
frustration.

Wrong Approach
Opportunistic approach vs Entrepreneural Approach.
Opportunistic approach is what most online business seekers use. To
describe it best, I'll quote Rich Schefren from his highly rated free
ebook,"The Internet Business Manifesto":

An opportunity seeker is always looking for their big opportunity to
make lots of money from the hot opportunity of the moment. Their
only criteria is, "Can I make money from this?" So today it's
Adsense, tomorrow it something else, and yesterday it was some other
hot concept already forgotten. Opportunity seekers buy lots of
products, and they use only a few of them, and the ones they do use
get abandoned when the next so-called "easy" way to make money comes
by. The question they ask themselves is, "What?s the easiest way for
me to make money right now?"

On the hand, the entrepreneur (those who use an entrepreneural
approach, has a clear vision of their goals for their online business.
Quoting, Rich Schefren again:

A true entrepreneur, on the other hand, is a completely different
animal altogether. An entrepreneur has a clear vision of what they
want the business to become. Because they have a vision they can
analyze their own strengths, their competitor strengths, the
marketplace preferences and devise different strategies for
achieving their vision. After reviewing the pros and cons of each
strategic alternative they pick the one strategy most certain to
successfully achieve their vision. The entrepreneur knows that their
biggest opportunity is always inside their business, following their
ideal strategy and not the hot product that everyone is mailing for
this week.

Lack of Direction
Having no sense of direction in your business is a good sign that it
will fail. Without a proper system, or business process, you're efforts
will be wasted and scattered. Lack of direction also means you don't
have a clear goal or target and concrete methods on getting those
goals.

Lack of Determination and Discipline
The last, but definitely not the least of all reasons why people fail
to earn online income is they lack determination and discipline. If
you're an opportunity seeker, you'll be frantically moving from one
system to another, not giving enough time for each system to be fully
implemented and succeed. Like all businesses, an online business needs
effort and attention. If you don't allot time and energy for your
business, it will not succeed. If you have the get-rich quick mentality
you'll fail, big time. You need to be determined to succeed, and
disciplined to focus on the system you have carefully selected to reach
your business goals.

If you are experiencing the four reasons why you will fail to earn
online income through your online business, don't worry. Here's four
ways to ensure that you overcome them.

To avoid information overload, stick to one approach.
This doesn't mean you stick to only one system forever. You just focus
on one approach first, and focus on learning all about it. For example,
if you selected to base your online business on Pay Per Click schemes,
make sure you know everything about doing PPC. Don't try to mix and
match methods simultaneously. This way, you filter out the information
you receive. Another good practice is having a separate email address
for your online business and for your personal use. This way, you can
focus on reading personal email and not be distracted with all the
email offers and tempting bonuses you get in your inbox. Once you
mastered one method you can move on to another.

To avoid having the wrong approach, adopt an entrepreneural approach.
I highly suggest you read Rich Schefren's Internet Business Manifesto,
The Missing Chapter, and The Final Chapter. These are FREE business
PDFs that have been download by millions because of their empowering
content. You'll also discover the biggest reason internet business
owners struggle and fail and why it's not too late for you to start and
grow a successful business online. To download the said PDFs, just
click on the download link at the end of this post.

To have the proper direction in you business, select a good system or
process.
Without a proper system or process, you can waste your efforts to earn
online income. But how do you know it's the right system? The answer
lies in you. If you know your strengths and weakness, you can easily
find a system that fits you, thus making it easy for you to follow it.

To have determination and discipline, ask yourself why you want to have
an online business.
It's easy to start something and if you're not totally committed to it,
it's even easier to give up. Knowing why you are in this business will
drive you to succeed. Perhaps you are in this to give your family a
better future, perhaps to give yourself an early retirement. For
whatever reasons, just focus on those and you are sure to drive
yourself to succeed.
You should also have a good support system. This can be in the form of
a business coaching program, friends in the same business that you can
communicate with, or through memberships to established online business
communities or forums. These can help you when things gets you down or
when you're getting a little lost.

In conclusion, You will definitely fail in your online business if you
meet the four reasons above. But with proper guidance, focus,
discipline, and determination, you can overcome failure and succeed in
your busines to earn online income you deserve.

To download Rich Schefren's FREE PDFs, Click Here.

Be the first to comment - What do you think? Posted by admin - March
15, 2010 at 7:43 pm

Categories: Online Income Tags:

Earn Online Income as your Passive Income

What is passive income?

Passive income is income from trade or business activities in which you
do not materially or actively participate in generating that income.
For example, your day job generates your active income since you
actively participate or work for that income. If you have investments
on stocks or shares or bonds that actually earn profit, then that's
your passive income since you didn't actually work for the profit. It
was your money doing the work for you.

Why is passive income good?

The most obvious reason why passive income is good: you're not working
actively to earn it. You do some work (e.g., invest in stocks) and
that earns you income while you're sleeping. It's supplemental income
to your main income source. Who wouldn't want to earn extra income?

Why earn online income?

In my example above, I mentioned investing in stocks as a passive
income generator. But one thing to consider about investing in stocks
is: you need money to earn money. To earn more money, you need to
invest more money. Why? An investment of 100 dollars earning at 50%
would earn 50 dollars. If you want to earn 500USD you need to invest
1000USD. The higher the target the earning, the higher the investment.
But the risk of losing money in stocks investment is also high, your
initial investment of can be lost overnight when the value of the
stocks go down. Imagine, you invested 100 dollars then the value of the
stocks you invested in goes down by 10%: you end up losing 10 dollars.
Stock prices volatility (instability) is a hard reality of investing
on stocks.

Now let's look at earning online income, specifically from affiliate
marketing. To go into affiliate marketing can cost you money, but the
beauty of it is, you can also do it for free. The basic strategies of
affiliate marketing actually doesn't cost you anything, and you can use
the free services in the internet, like blogging and article writing,
to promote and market.

How can something free earn you something? What's the catch? Well the
catch is, you have to invest a lot of efforts initially. Your initial
effort will then produce income for you, while you sleep, or while you
do your primary work or active income. Another benefit of earning
online income is that it can be exponential. You may earn small change
in the beginning but this will grow and accumulate over time as your
marketing strategy propagate across the Internet.

In Short

Having an active income is a good way to sustain a regular and
consistent income. But if you find yourself looking for additional
income, consider learning passive income sources like how to earn
online income. You can try affiliate marketing for free, removing the
need to invest a lot of money just to earn passive income. All you
need is do is dedicate some time and focus regular effort, and soon
you'll see the income trickle in.

If you want to learn how to do affiliate marketing, check out this free
training program from Ewen Chia, one of the most successful internet
affiliates marketers. The link is:

earnonlinenow/recommends/affiliate/

You can also try his Autopilot Internet Profit System where he shows
you the basics of affiliate marketing and how to automate it. The link
is:

earnonlinenow/autopilot/

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Be the first to comment - What do you think? Posted by admin - January
2, 2010 at 6:40 pm

Categories: Online Income Tags: affiliate, affiliate marketing,
income opportunity, internet marketing

Review of Ewen Chia's Work From Home Internet Success System

As I mentioned in my previous post, I'll be doing a review of Ewen
Chia's products. My first review is for the Work from Home Internet
Success System.

wfhsmall
Work from Home Internet Success System screenshot-

Work from Home Internet Success System screenshot

So here's how my review went: Continue reading "Review of Ewen Chia's
Work From Home Internet Success System" �

Be the first to comment - What do you think? Posted by admin -
December 5, 2009 at 5:29 am

Categories: Online Income, Reviews Tags:

Who is Ewen Chia?

I was researching on online income opportunities "gurus" and came
across "Ewen Chia". He's one of the MOST successful people in the
internet business field. He's Singaporean, which makes him more
interesting for me, since he's the first real person I met that
actually succeeded in earning from online income opportunities.
Continue reading "Who is Ewen Chia?" �

Be the first to comment - What do you think? Posted by admin -
November 25, 2009 at 7:35 am

Categories: General, Online Income Tags: affiliate, income
opportunity, internet business, Online Income, work from home

5 Things To Know Before Going Into Work From Home Jobs

Are you thinking, or planning, to try out Work from Home opportunities?
I am. I've been researching about it for a week already as part of my
online income story, and I've come to realize the following points.
Before you jump into the "work from home" bandwagon, read the following
paragraphs: Continue reading "5 Things To Know Before Going Into Work
From Home Jobs" �

2 comments - What do you think? Posted by admin - November 20, 2009 at
4:04 pm

Categories: General, Online Income Tags: internet, internet
marketing, Online Income, opportunity, things to know, work from home

My First Online Income

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HAHAHAHA!
Ok, I just checked my account status in one of the online income
websites I joined, and lo and behold, I earned $16.78! That amount
maybe considered small, no, TINY, but I got it while I'm still studying
online income opportunities.
I became an affiliate of a work from home product, posted a link to it
on my blog, then forgot about it.
To say I worked hard for that amount would be lying. It was one of
those spur of the moment things, and it bore fruit. This looks
promising. I'll update you when there's an improvement on the figures.
Wish me luck!
If you're interested on the product I checked out, click the links
below:
earnonlinenow/workfromhome/
earnonlinenow/autopilot/

Be the first to comment - What do you think? Posted by admin -
November 14, 2009 at 11:06 am

Categories: General, Online Income Tags: affiliate, first, income
opportunity, Online Income, opportunity, work from home

The Start of Something BIG!

Have you ever thought of "what if you can earn additional income to
supplement your day job salary?"
What you could do with that extra cash? Or, for a more ambitious idea,
what if I can earn enough for my needs and yet have more time and
hopefully, more money, to do the things I want?
If you've thought of these questions, you're not alone. I had these
same questions for a long time now, and this blog will be my continuous
documentation of finding the answers to these questions.
Ok, now you may ask, why call the blog,"My Online Income Story"? Good
question. Well, frankly speaking, earning online or through online
income opportunities is the only logical option I can think of. Why?
Here's some points:
* It will not require me to leave my day job.
* It will not require me to spend a ton of money on investing in
tangible products to sell.
* I don't need product stocks (I don't have the storage space for
them anyway).
* I can do it on my spare time.
* and, I have unlimited internet connection, why not maximize it.

So join me (or just read my entries) in my online income story.
Thanks for reading!

Be the first to comment - What do you think? Posted by admin -
November 1, 2009 at 10:32 am

Categories: General Tags:

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* Recent Posts
+ You will fail in earning online income
+ Earn Online Income as your Passive Income
+ Review of Ewen Chia's Work From Home Internet Success System
+ Who is Ewen Chia?
+ 5 Things To Know Before Going Into Work From Home Jobs
+ My First Online Income
+ The Start of Something BIG!

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