The Only Two Ways to Make Money Online

During the past 3-4 years I’ve probably researched and read about every possible way you can make money online.  And I’ve found that every money making method fits under one of two categories.

You can make money online by helping others make money.  Or you can make money online by helping others solve their problems or achieve their dreams.

How do you make money online by hleping others make money?  You get paid for advertising their products, you become an affiliate (working on commision) or you send them traffic for an agreed upon payment.  This is a great place to start when you are new to the internet.  However this isn’t where the big bucks are.  But it’s certainly a great place to get your feet wet and experiment.

The second way to make money online is by helping others either solve their problems or acheive their dreams.  This is where the big bucks are.  You basically find a group of people online (through forums, blogs, social networking sites) that have a need or a want that’s unfulfilled.  You research their need or want.  You learn all you can about it.  Then you created  a product (ebook, audio or video recording) that has the solution they are looking for…

With this method, the smaller the intial group the better.  Lets say you have a friend who wants to learn how to train her hamster but can’t find any books on the topic.  This might be a great opportunity for you to do some research and create an online hamster training guide that you can sell.

Now what are you waiting for? Go out there and start making money online.