Business Mouth - Business Blog

November 28, 2007

Making Money Online: Where You Need to Start

Filed under: Strategy, Principles — Dave Blake @ 3:24 pm

There are a lot of ways to make money online, but many people may have a hard time deciding what they want to start out doing. In this article I would like to go over a few possible ways you can make money.

1. Make Money Filling Out Surveys

Surprisingly, the web offers you the ability to make money off simply filling out surveys. All you have to do is a find a company that pays you to fill them out (which there are a ton of), and you’re set. The main problem with this method, however, is simply that a lot of the times it doesn’t pay well, or pay at all. You have to really do your research if you want to make good money on this, and find the best companies.

2. Make Money Reading Emails

One way to make money on the internet is simply to read emails. Sounds too good to be true right? Well, maybe it is. There are many companies that will pay you to read emails. They can afford to do this because advertisers pay them, and then they give you part of that money. However, a whole lot of these “Paid to Read” companies simply don’t pay, or pay practically nothing per email. One of the major ones I used to use paid like 1 cent or less per email, and with only a few emails a day tops it was pretty much worthless unless you managed to get a gazillion referrals. I guess the point here is that you either have to do really good research, or score a whole lot of referrals with one of the larger “Paid to Read” companies if you want to make decent money.

3. Affiliate Programs

This is the main way I make money online. Affiliate programs pay you either on sales commissions, 1000 impressions, per click, or per lead. The best way to make money off these programs is to develop websites with heavy traffic flows that have affiliate links on them. This will give you an income that is continual and may only require maintenance, rather than one that requires you to read emails or fill out surveys every day. However, it will also likely be harder to get going.

4. Selling Products

Selling products online is a great way to score some big time green. However, there may be a lot of complications you will have to deal with. Are the products real or virtual? If they’re real, where are you getting them? Can you get them cheap enough so that you can mark them up and people will still buy them? How are you going to deal with shipping, warehousing, billing? As you can see, selling products may not be the easiest way to make money online. However, it may yield the greatest return.

November 27, 2007

Is Online Business For You?

Filed under: Motivation, Principles — Dave Blake @ 10:34 pm

business peopleA problem with all the hype about starting you own inline business is this idea that starting one is the perfect opportunity for everyone. In some ways I find myself in agreement with this assertion, and in other ways I find myself at odds with it. Thus, I now wish to further articulate upon this idea.

An online business gives you the opportunity to pick and choose something you are interested in.

Starting an online business can allow anyone to create his or her very own business that is aligned with personal interests. This alone is the main reason I personally find online businesses to be my favorite career choice. Doing something related to your interests ensures you being able to maintain a happy outlook on life. It is the exact opposite of sitting in a little grey cubicle doing pointless tasks that have been delegated to you.

Everyone knows that a bad day at work tends to drag over to your personal life. The main benefit to online businesses in my eyes is the near-full to full elimination of those bad days. You are picking something you LIKE to work on! You are having FUN! Your online business can be likened to the career of a professional athlete. Professional atheletes make their livings doing what they love, and so can you.

But then again:

We have this issue where for some people online businesses simply may not be the right choice.

This issue stems not from the idea of doing what you love for a living. Rather, people should always try to persue a career they find intriguing, for the sake of maintaining personal sanity. What this issue really stems from is the simple fact that many people are not cut out to make a living online. Yep, I said it. I admitted the one thing that most online business advocates will never admit. Online businesses are NOT for everyone.

The reason this truth is kept so “hush hush” is that an entire online industry has emerged which has the sole purpose of promoting online business opportunities. This industry basically acts as an online business opportunity middleman. It provides you with things you could obtain free of charge, makes these things sound better than they really are, and subsequently makes a killing! Avoid this “middleman” industry at all costs!

There will always be a few success stories used to attempt to reel in you and your money. Some of them may be real, some of them may be fake. However, you simply don’t need to pay for the things this industry offers. There is plenty of free information available on any subject you can think of.

Now, let’s go over why online businesses aren’t for everyone.

There’s a certain mentality that goes along with successful online business owners. Part of it is a strong will to succeed, part of it is taking a constructive approach towards failure, part of it is not putting all the eggs in a single basket, and there are other parts as well.

thinking businessmanHowever, there seems to be one main issue I think is many times overlooked. Typically, in order to be successful with an online business you will need to be business-minded. If you don’t know much about business in general including managing a business, running a business, starting the business in the first place, getting a business off the ground, etc., you can’t just expect to waltz into the online world, throw some money at a potential opportunity, and then succeed. That’s simply not how things work. Online businesses are no different than real life businesses other than the virtual aspects. It’s still a business, and it still entails the general things any normal business entails. The specifics are where the differences lie, and they many times give online businesses the upper hand when it comes to things such as overhead and product replication.

So what if you aren’t business-minded? What if you know nothing about businesses? Well, I personally think you are better off not wasting your time trying to start an online business. Can you become business-minded? Sure, I believe anyone can change. And if you do, by all means go ahead and give online businesses a try. However, for those of you who simply aren’t business-oriented in the least nor think you want to go through the effort to change, I would say you’re plain outta luck. Leave online businesses alone, and try to find a stellar job. After all, everyone desserves to be happy in life :)

June 30, 2007

Business Is About Making Money

Filed under: Principles — Dave Blake @ 10:23 am

Ask most people why they are in business and they will give you any number of reasons. Things such as wanting to improve the lives of others; make the world a better place; provide for their family; have more free time; the list goes on and on.

Fact is business is about making money, which means the bottom line is the bottom line. Many business owners, managers and sales people seem to forget this. If you don’t have a strong bottom line you cannot continue to do business for very long. And if you can’t continue to do business you cannot achieve the other primary reasons you do what you do. The way you get a sturdy bottom line is to understand some basic truths about business.

A few fundamentals to running a successful business are to know what your product or service is, who your customer is, who you are, what drives you in business, and what trends are impacting the economy and marketplace.

Many people run their business without these key ingredients. Sure, a company can survive, but is survival all you are seeking? Don’t you want more? As previously mentioned, most people are in business to design a certain lifestyle for themselves and their families. Many are in business to create an experience for their customers. Still others are in business to improve the quality of their community. Unfortunately, many miss the mark by a long shot.

Think about why you are in business. What is it that drives you? Wouldn’t it be great to thrive beyond your wildest dreams and be a contributor to many of the causes you believe in due to the success of your business and professional life?

Regardless of where you are in business, whether you’re just starting out or you’ve been running your company for some time; whether you work for yourself or for someone else there are essential pieces of information that are key to your success. First, in order to thrive you absolutely must know who you are. Not only who you are in the business, but in life in general. You also have to know what you believe in, what your values are, and what drives and motivates you.

Another key aspect of succeeding in business is to understand the needs and wants of your customers. Until you determine exactly who your customers are, you will have a difficult time satisfying what they want and need. That is why it is so important to determine what drives you. If you understand what drives you, what your values are, your beliefs, your dreams and goals, and what your ultimate purpose is, it will be so much easier to figure out who you want to do business with.

As has often been the belief and practice of many business owners, sales professionals, and managers, when asked who their market is, they respond with, “Everyone!” Fact is, if everyone is your market, ultimately no one is your market.

It’s incredible how many people have never taken the time to determine who they would ideally like to do business with. The more clarity you have, the simpler your process of doing business becomes. Do not confuse easy with simple. Running a business is not necessarily easy and yet, the process can be simple when you gain massive amounts of clarity.

Additionally, your existing and potential customers will have a much easier time distinguishing you from your competitors. With a new competitor cropping up on what seems like every street corner, make the decision making process for your clients as simple as possible. By gaining clarity through self-evaluation and customer evaluation, you attract more of your ideal clients. As you attract more of who you want to do business with you can focus more on the business of providing a great experience to your customers.

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