Many people today go online to start an internet business either
to supplement their income or to gradually replace their offline
income from their job with an online income. Most people happily
join business opportunities and money making ideas online filled
with hopes, aspirations and dreams of great wealth, thinking
that their financial woes are over. Many business opportunities
promise such things if you did a quick search through google.
But what most people fail to grasp is whether the particular
business opportunity will work for them. This article will
examine different money making models online to let you evaluate
whether which type of business suits you.
1.Internet mlm programs
These are programs that require you to recruit downlines online
and convert online customers into paying members by calling them
on the phone. Another way to make money with these programs is
to sell their products either online or offline. So in other
words, if you are not the type of person who loves to call
people on the phone or sell stuff offline in flea markets or
tell people about your products, you will not make money with
these products. That said, with some automated email followup
systems, it is possible if you generate a lot of signups to
allow the system to convert the signups into paying members. But
that said you still get a higher conversion ratio if you call
them.
2.High Yield Investment Programs These are online programs thatincome from their job with an online income. Most people happily
join business opportunities and money making ideas online filled
with hopes, aspirations and dreams of great wealth, thinking
that their financial woes are over. Many business opportunities
promise such things if you did a quick search through google.
But what most people fail to grasp is whether the particular
business opportunity will work for them. This article will
examine different money making models online to let you evaluate
whether which type of business suits you.
1.Internet mlm programs
These are programs that require you to recruit downlines online
and convert online customers into paying members by calling them
on the phone. Another way to make money with these programs is
to sell their products either online or offline. So in other
words, if you are not the type of person who loves to call
people on the phone or sell stuff offline in flea markets or
tell people about your products, you will not make money with
these products. That said, with some automated email followup
systems, it is possible if you generate a lot of signups to
allow the system to convert the signups into paying members. But
that said you still get a higher conversion ratio if you call
them.
take your money and supposedly invest it online in forex and
other types of securities. Do note that these are high risk
investments and mostly are Ponzi in nature. That being said, the
strategy with all these programs is to take out your principal
and then compound the initial invested amount partially and earn
more and more each month. You need to be able to take the loss
of your principal in your stride as the returns are high and the
risks that the administration of that particular HYIP program
running off with your money is high as well. Spend some time
daily to check the HYIP forums to see if a particular HYIP is
paying before investing any of your hard earn money into it.
3.Doubler programs
These are basically programs that double your money invested
with them after a certain period of time. These programs require
you to spend some time each day reading the online forums of
that particular program to check whether the company cycle time
is going up and whether they can afford to pay their members. If
you have the time to read an consider whether any program you
are in is a sinking ship, this kind of money making activity
online may be the one for you.
In conclusion, choose a way of money making online that suits
you and spend time to learn all you can about that form of money
making.
posted by Ymoney
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