- Be realistic. Most quick money-making schemes are suspect and few will deliver what they promise. Know how to spot the frauds:
- Don’t send off your own money to make money – if you are really needed, they’ll pay you, not the other way round.
- Remember that it’s a crowded online world with a lot of people hoping to make money without doing an awful lot, which also means there are a lot of suckers for scams. Don’t be one.
- Do your homework and background research before joining any “get-rich-quick” scheme online. The same scams are online that have already thrived offline.
- Beware pyramid selling schemes and MLM (multi-level marketing). Most of these are ways to take your money, not make you money.
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Find your own pathway to making money online. Some are quicker than others, so you will need to weigh these up against your time needs:
- Selling stuff in auctions. You can make around $3000 immediately in an online auction selling stuff you don’t want from around your house. After which, you’ll need to start sourcing stock from somewhere. But what a good start!
- Blog and advertise. You can use Google adsense or direct advertising. Of course, you will also need to be a very good blogger and this won’t make you rich in any hurry. But it can be a good thing to be building up while still working, with an intention to leave your job eventually.
- Run a website with members-only services that require regular payments. This can anything from games, advice, to facilitating communities with like experiences or interests.
- Start a store online. There are sites like Etsy and eBay that will host your store, or there are sites that will let you build a store from scratch. You could sell all sorts:
- Handmade craft or jewelery
- New stock sourced from warehouses
- eBooks of your own compiling and writing.
Provide services online. This will also take time to build but can be a great way to share your abilities. Provide services such as editing, proofreading, writing freelance, advising on social media, horoscope readings, etc.
Find companies that require help online. The best means for doing this is to be employed by a company with a real office that can be found doing a company search – even better if you can visit them in person. Offer your skills in:
- Social media networking and updating
- Guest blogging
- Community networking
- Engineering software, games, etc.
- Media additions such as video, audio, etc.
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