Just thought this would be an interesting topic. List the ways you are making money online, and are all your efforts enough to make a living online without working offline?
Those who know me know that I pretty much dabble in everything. From affiliate marketing, creating my own e-products to sell, running forums, blogs, and entertainment sites, domain investing and parking, etc.
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Re: How are you Making money online and Is it Enough?
Adsemse, affiliate sales thru my sites, direct ad selling, own product. Just recently started putting more efforts to own product as it seems to be the most sustainable way to do business
Re: How are you Making money online and Is it Enough?
I started online in 2002 and heard some good advice. A guy told me he would rather make $200 a month from 100 different websites or programs than to make $20,000 a month from one.
This became my philosophy and has served me well. I make money with affiliate marketing, network marketing, my own article writing company, plr products, email marketing and so on.
Diversifying is good only after you are making money in one thing. I have seen people jump around and never make any money in anything and that does not work.
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Re: How are you Making money online and Is it Enough?
Quote:
Originally Posted by jschuman
I started online in 2002 and heard some good advice. A guy told me he would rather make $200 a month from 100 different websites or programs than to make $20,000 a month from one.
This became my philosophy and has served me well. I make money with affiliate marketing, network marketing, my own article writing company, plr products, email marketing and so on.
Diversifying is good only after you are making money in one thing. I have seen people jump around and never make any money in anything and that does not work.
I really agree with you and very much like your idea. I will diversify my current income generator by doing survey to something else.
Re: How are you Making money online and Is it Enough?
Interesting,
Always nice to read how others are doing and their strategies, but I agree most with the comment on working 200 web sites to earn $20K, rather than the 1 web site to earn $20K.
Just like with having 1% from a hundred people rather than 100% of my own efforts making money, it works with web sites the same way, it is basic law of leveraging, which is the basis for most online opportunities such as MLM or affiliate marketing.
What we are all doing is learning as we go, and no doubt, in these crazy economic times, it is getting smarter to work multiple income business portfolio which is a far better strategy in a recession. Having talked to hundreds personally, and read hundreds of forums, this seems to be the latest trend to increase either your business portfolio or the amount of web sites you promote.
My strategy has changed many times over the years, but as with each of us, we live and learn, so thanks to everyone for your input, it is good to hear how others are doing, and what other programs I can add to my portfolio. I have shifted all my on recession proof businesses for obvious reasons, and it is starting to pay off as the recession deepens, which it is, so hang in there everyone.