Did you know that you can actually make money online – and did you know that thousands of people have become rich doing it? Of course, there are thousands more who did not, and who ended up on the losing end, but it was only because they didn’t use their Three M’s in the Internet arena. What are the Three M’s? Map it, Market it, and Mine it!
Indeed, Internet Wealth can be as easy as 1-2-3 – and in three easy steps, you can find your way to financial superstardom, all because you dotted your i’s, minded your p’s and q’s, and put the Three M’s into practice. With a little bit of effort and a whole lot of resourcefulness, you can certainly be rich.
Step 1: Map it, Plan it Out, and Love the Details!
In any business, whether online or offline, you always need to know the details. What are you going to do? Are you going to sell products or services? Are you going to have an online store, an offline store, or both? Will you be promoting online, offline, in print, on the radio, or on television? Are you going to need a lot of raw materials, and if so, what kind of raw materials and what’s the lowest price that you can get for them? How much are you willing to invest in your Internet business? Who else is willing to invest in it?
In other words, you need to draw up a business plan. First, you need to figure out what you are especially good at. If you want to sell online, you need to find something that you are truly passionate about. There’s no time to simply force yourself to earn money; you have to enjoy doing it, too! Besides, the more you enjoy something, the more appetizing it is for you to keep on working, and thus, the more money you will earn, right?
Also important in your business plan is your exit plan. Just in case your online business goes bankrupt, you need a contingency plan, and you need to have your finances in the right place. An exit plan will also help you set up the necessary finances to help you through tough financial times. Many offline businesses failed simply because they could not deal with financial loss, so be careful!
Step 2: Market it!
Get a website, grab some ads, talk to people on forums, disseminate the news on online groups – the World Wide Web is a whole wide world of opportunities, so use it to market your goods and services! With the thousands of websites out on the market today, you can easily get lost in the noise and fuss of the Internet. You need to stand out.
Start with a great website. Make sure that it is attractive and easy to navigate. Nothing keeps people hooked on a website faster than good text, useful content, and stuff that’s easy on the eyes and on the mouse. Then, spread the word: join online groups or forums of your target market, and invite people to visit your site. Word-of-mouth can go a long way, and especially online!
Step 3: Get a Little Help from More Friends
Mine your website by joining an affiliate program such as Google AdSense or Bidvertiser. Such programs can help you earn money by posting advertisements at your site. Each time your clients click on these advertisements, you get commissions. All you need to do is update your site regularly and have a good amount of keywords in useful articles.
As long as you give your customers the best products and services, and as long as you have a great website with great content, you can make a lot of money online. Just mind your Three M’s and you’ll be laughing all the way to the bank soon enough!