As I thought, I actually had more questions than I did answers. Is it the people themselves that create the failure or is it the industry we are in? I don’t know that I am the one to expertly answer the question; but, I do know that to succeed at an online venture, a plan and some skills are required. You can possess those skills when you start, you can learn them or you can buy them. None the less, to succeed online, you must be able to offer something to somebody that they want or need, compel them to get it from you and then deliver said “thing” to them. You then get paid for you effort. Simple enough it all seems.

Why then, if making money online is really just that easy why do so many people fail? My answer, failure to plan! When I started my first online endeavor I hardly knew how to get past the start page from my ISP. With all the hype in today’s media, more and more users are pouring onto the information superhighway everyday. Many of them have no more experience that I did when I got started. Regardless of the hype you may read, a lot goes into creating a successful online business.

How do you get products or services, how do you build a website, do I really need a website, do I need to accept credit cards, how will I get visitors to my website? Like a child in an ice cream store that can’t decide what flavor to pick, choosing an online business opportunity is much the same. They all look so good, which one do I chose? All too often the flavor that looked so good in the case just doesn’t satisfy like it was supposed to. So it goes for online business opportunities, as well.

If you are truly serious and you want to make money online; you need to make a plan and stick to it through thick and thin, no matter what. First, decide exactly what it is you would like to do; there are thousands of different ways to make money online, then educate yourself about operating that type of business online. The making money part will come later.

Once you have some vision about what you would like to do, make a plan to get there. You should learn in your research what exactly is needed to operate the type of business you are interested in. The list can go on and on, to make it manageable, break it down into steps that you can take to measure your progress. Don’t try to do it all at once.

Expect that in the beginning you will fall down, loosely translated, fail; many times over before you find the combination that creates a successful online endeavor. Because an idea doesn’t work, doesn’t mean you’re a failure, it means the idea didn’t work, period. If something doesn’t work like you thought it should, figure out what didn’t work so well and press on. All the while, follow the plan you have created for yourself.

When I say follow your plan, what I am trying say is this; just when it seems all is lost in an endeavor and you are frustrated, another opportunity always seems to come along to divert your attention. If you jump ship to something else, all the effort you put into your first endeavor is lost. Soon you find yourself awash in a sea where nothing seems to work and you have spent a lot of money for nothing; it becomes easy to quit. Where as, had you followed your original plan and overcome the hurdles that came up, you would be so much further ahead. A breakthrough usually occurs when you are at the end of your rope. The old adage “The grass isn’t any greener on the other side of the fence” is so true when it come to online endeavors.

So, what’s the secret ingredient to make money online? In one word lies the answer: Persistence.

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As I thought, I actually had more questions than I did answers. Is it the people themselves that create the failure or is it the industry we are in? I don’t know that I am the one to expertly answer the question; but, I do know that to succeed at an online venture, a plan and some skills are required. You can possess those skills when you start, you can learn them or you can buy them. None the less, to succeed online, you must be able to offer something to somebody that they want or need, compel them to get it from you and then deliver said “thing” to them. You then get paid for you effort. Simple enough it all seems.

Why then, if making money online is really just that easy why do so many people fail? My answer, failure to plan! When I started my first online endeavor I hardly knew how to get past the start page from my ISP. With all the hype in today’s media, more and more users are pouring onto the information superhighway everyday. Many of them have no more experience that I did when I got started. Regardless of the hype you may read, a lot goes into creating a successful online business.

How do you get products or services, how do you build a website, do I really need a website, do I need to accept credit cards, how will I get visitors to my website? Like a child in an ice cream store that can’t decide what flavor to pick, choosing an online business opportunity is much the same. They all look so good, which one do I chose? All too often the flavor that looked so good in the case just doesn’t satisfy like it was supposed to. So it goes for online business opportunities, as well.

If you are truly serious and you want to make money online; you need to make a plan and stick to it through thick and thin, no matter what. First, decide exactly what it is you would like to do; there are thousands of different ways to make money online, then educate yourself about operating that type of business online. The making money part will come later.

Once you have some vision about what you would like to do, make a plan to get there. You should learn in your research what exactly is needed to operate the type of business you are interested in. The list can go on and on, to make it manageable, break it down into steps that you can take to measure your progress. Don’t try to do it all at once.

Expect that in the beginning you will fall down, loosely translated, fail; many times over before you find the combination that creates a successful online endeavor. Because an idea doesn’t work, doesn’t mean you’re a failure, it means the idea didn’t work, period. If something doesn’t work like you thought it should, figure out what didn’t work so well and press on. All the while, follow the plan you have created for yourself.

When I say follow your plan, what I am trying say is this; just when it seems all is lost in an endeavor and you are frustrated, another opportunity always seems to come along to divert your attention. If you jump ship to something else, all the effort you put into your first endeavor is lost. Soon you find yourself awash in a sea where nothing seems to work and you have spent a lot of money for nothing; it becomes easy to quit. Where as, had you followed your original plan and overcome the hurdles that came up, you would be so much further ahead. A breakthrough usually occurs when you are at the end of your rope. The old adage “The grass isn’t any greener on the other side of the fence” is so true when it come to online endeavors.

So, what’s the secret ingredient to make money online? In one word lies the answer: Persistence.

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I promised I would share with you my own successes and failures in pursuing each of the 5 strategies. Of course it’s important to understand how success is achieved, but most of the gurus in time have confirmed that they learnt more from making mistakes. It was in correcting the mistakes that they found success, so it follows that getting out there and taking action, any action, may not lead to immediate success but will almost certainly lead to a mistake or learning experience that will propel you forward to success if you persevere.

It is also worth pointing out that these are just my personal experiences based on what has worked for me.

Before we dive in, it’s worth considering that the five methods we have been talking about in this article series can either be applied individually, or maybe a couple adhoc or even all of them collectively as part of a higher level meta strategy. In other words your approach will depend on the time, money and resources available to you, and your grand vision in your quest to make money working online. You can either find one that works for you and just stick at that. Or you can work on several together or pick the strategies off one by one.

In fact if you stop to analyse the methods you will perhaps notice that the order we have covered them is almost a stairway or building block that will allow you to make real money online. Advertising is easy, low cost and quick to get you off the mark. Yet to make money through Participation methods at the top end you generally need to invest a lot more time, effort and resources and really need to have built up a following or customer base, some of whom will be prepared to pay for your high end participation products. This system is what you may generally have heard called the sales or marketing funnel where you start with free or low cost items through blogging or affiliate marketing, and then build up to ecommerce and participation products and services that tend to be higher ticket items. Strategy 1 – Advertising

As we have previously established, this generally refers to making money online by selling your advertising space on your site(s) or blogs. Personally I had 2 issues with this strategy. Firstly I felt that the time and effort in setting up and configuring services like adsense that places content relevant adverts and links on your site did not match the small rewards.

The other issue for me was that my overall goal was to sell my own products and services and so I did not agree with the principle of sending traffic that had landed on my site to another site via the advertising. This is why many internet marketers set up dedicated blogs or traffic sites which are purely there for the purpose of driving traffic to their links. So if you are going to pursue this strategy as your best way make money online, that would be my advice – set up specific traffic sites or blogs. Blogs are free so are a great cost effective way of doing it.

For me, having quit my job and with 2 young children, I needed to make money online fast so I had a couple of websites that were there to promote my own products and services as part of my overall strategy. So it did not make sense to divert potential customers away from my sites by using them to advertise just anything.

My approach to advertising therefore was not so much to make quick money online from it, but to trade advertising space with reciprocal links to other established service providers to my target market who also had existing traffic. This worked tremendously well as it meant I kept my costs low, got very targeted traffic for free, and built my brand and reputation quickly by association.

This reciprocal approach has served me very well. Although I did not understand it in the early days, it has also helped with search engine optimisation and placed my sites higher in the search rankings – generating extra traffic for free.

In future articles I will share my experiences of affiliate marketing, ecommerce, participation, and subscription.

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I promised I would share with you my own successes and failures in pursuing each of the 5 strategies. Of course it’s important to understand how success is achieved, but most of the gurus in time have confirmed that they learnt more from making mistakes. It was in correcting the mistakes that they found success, so it follows that getting out there and taking action, any action, may not lead to immediate success but will almost certainly lead to a mistake or learning experience that will propel you forward to success if you persevere.

I’d just like to point out that these are my personal experiences and may not be the same for you. Thankfully there is usually more than one pathway that leads to success – you just need to find the best way to make money online for you.

Affiliate Marketing

This is where you basically get paid for promoting somebody else’s product. It can be a book, service or goods, and you get part of the sale proceeds and part goes to the original retailer/writer. This really can be one of the best ways to make money online fast. The secret is research to find your target market with sufficient willing buyers for the right product. Then set up a simple one page website or review blog to tell people about the product – often give them some info for free. Then set up a Pay Per Click campaign to attract interested prospects to send along via a link to the sales page of the person promoting the product. Any sales are then linked back to you so you get your commission. No handling money, customer queries or stock.

As you can see, this is relatively simple and something that you can turn on or off and leave pretty much on autopilot once you have your adwords campaigns working well. There are of course other ways to attract traffic for free including article marketing, blogging, social bookmarking etc but pay per click allows you to turn on the traffic almost instantly – if you know what you are doing.

And here we have one of the two major issues with affiliate marketing. If you don’t know what you are doing with pay per click then it can be very, very time consuming and very expensive to constantly monitor, test and tweak your campaigns. It is an amazing traffic tool but I personally found that whilst the basics are relatively easy to follow, to be successful at it is a really steep learning curve. It is also a very competitive arena and the methodology is constantly updating. For me I found that whilst I really wanted to master it as I love technology, it was just too time consuming and I did not have the luxury of time as I was on a mission to replace my income by finding the best way to make money online fast.

The potential way around this of course is to find someone who is an expert in pay per click and outsource the task to them. We won’t go into that now but suffice to say that as with any service providers there are good and bad ones so always try to go by recommendation if you can. Elance is a good online site to find IT people you can source tasks to. Personally I found someone skilled I could trust and traded my skills and services with theirs to achieve win-win for us both.

The other issue with affiliate marketing of course is finding the right product that is going to make money online. Again this is a topic in its own right and is where I failed in not doing sufficient research on keywords and market share to ensure there was a sufficient pool of willing buyers out there to target.

Affiliate marketing is a superb strategy that works and the beauty of it is that it can be set up to be fully automated to make money online fast and hands free.

In future articles I will share my experiences of advertising, ecommerce, participation, and subscription.

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“100% of the shots you don’t take don’t go in.”
- Wayne Gretzky

I have been working on a work at home business in my venture to make money online for about 3 years now. I have tried to introduce people to my business opportunity, and have managed to get many people to join.

I am the kind of person who is willing to work very hard at helping people who have joined my business to be successful. This is because you are only successful if the people who join your business are successful. People helping people, right?

Well, what I tend to find is when one is not making any money say in one month, two months, three months, etc., they complain and then quit and tend to place the blame on the company.

This is the conclusion I have reached. Many people want a business because they want the money, the rewards immediately, but they don’t want to do the work to get there nor do they want to spend the time to get there. It would be so nice to not have to work hard and just reap the rewards for doing nothing.

I am sure there are businesses out there where you can make money in less than a month. I have yet to see one. It is usually the individual with the ability to market and sell who usually does very well, but most people new to having their own business do not know this. Many think that if someone can make money in less than a month, then they should too.

If this were true, then why is the failure rate for most work at home businesses so high?

Having your own business requires a lot of work. It is not easy. You have to be honest with yourself. Ask yourself, am I willing to work hard and stay in for as long as it takes in order to have success? If you are not, more than likely, you will not be successful. This is the nature of the beast called having your own business. It takes time.

I think Robert Kiyosaki said that after his first big success and big failure, it took him another ten years before he could say that he had reached a point in his life where he was successful. And he had a head start. His rich dad taught him early in life about having a business. Most of us don’t get the training that Robert did, so why do we expect so much for so little. I just don’t get it.
If you want to me to help you set up and run your very own successful website business with help every single step of the way… just visit my website (see link given below) and take a look.

You will not regret it. I promise!

Best Wishes.
Veena Furtado
Internet Business Developer
Team Trainer/Coach/Mentor/Friend
http://www.veenamakesmoneyonline.com/newsandmentoring.html

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Quote, “Making six figures a yearly is possible through this revolutionary money making system designed to help people work at home and make a lot of money – in their sleep – for free. Yes, it is totally free and you won’t force you to spend money or purchase anything.”

Not true. Crazy talk. Just a bunch of lies.

Making money online can definitely be done. It can be achieved through hard work but jumping into something that just seems way to good to be true is probably a hook to get you to open your wallet.

There is one thing that’s true. Making money online today is getting easier and easier if you remember to bring along some business logic. If you jump into programs thinking you’ll be getting cash handed to you, then you got another thing coming.

Making money online is a great thing when you realize real effort equals real rewards. You can be your own boss and you work whenever you want but you’ll need to realize YOU’RE the boss and not the other guy trying to open your wallet.

Getting you knuckles bloody. Learning the guts of online marketing.

Making money online is not something you can learn in books. You can surely learn things to maximize your chances of making money online and minimize the risks of taking the wrong turns, but in the end you have to try and learn from your errors. Making money online is now considered to be one of the fastest growing areas for people to invest their time in because they are tired of the 9-5 routine. There is no quick fix solution or a fast track to profits. We all have different skills and what will work well for one person might be a complete disaster for another.

Making money is about timing – yes. But effort is more critical.

Making money online is a great opportunity if only you find the appropriate opportunity that gives the realistic, accurate facts and provides you the chance at making real money. There are good programs out there offering attractive earnings potential, great training, support, and information on marketing your business. The common thread to all of these is honest information, little hype, and a continuous theme of real money comes from real work.

Making money online is not as easy as the gossips say it is. Yeah, making a quick buck here for there is easy but really making a living online is no small challenge. Making money online is all about capitalizing on the successful opportunities, and knowing when to phase out the ones that are not turning a profit. It’s about focusing on one or two activities at once. Stretching yourself too thin or getting involved in something that requires a PHD to understand the compensation plan is a recipe for disaster.

Don’t sugar coat the facts: Most online programs take your money – not make you money.

Millions upon millions of people are interested in becoming successful and rich via online money making systems, yet most of them are not willing to make the necessary sacrifices. They seem to somehow think that searching for that secret formula which will make everything seem like a piece of cake is the way to go. Unfortunately for them, they couldn’t be more wrong.

Anyone that is thinking about ways to make money online will find himself confronted with countless options. This all makes choosing the right online opportunity confusing as well as mystifying. Millions DO work every day out of the comfort of their homes to earn a little extra money or to earn a full-time wage. But you can bet, they all work for legitimate programs that they built up over time and require significant effort – not money – to running and successful.

Getting your ducks in a row and building your online money maker

Let’s say you’ve got all three ducks lined up. You think you have your head turned on straight. You’re confident you can see the BS from the real scoop. Boundless ebooks to help you get started making money online. Step by step instructions are often included to help earn money.

Read these ebooks and reports but keep a close eye on the honesty and sincerity of the author. Most people have pretty good internal voices that let them know when something seems fishy. Trust this voice as you explore a plethora of money making opportunities available online.

Making money online is possible. Remember, it will take real work.

The Internet has brought opportunities that most of us never even imagined were possible. This includes the ability to quickly start a business with very little investment. A true indicator of the “respectfulness” of a program can reside in its’ upfront cost. Expensive programs that require monthly product purchase are scary. Stick to something manageable, like $5 bucks as an initial budget. Stick with opportunities that have a solid business plan behind them and a proven, multi-year track record.

My advice if you want to make money online, you must first come to grips with what you mean by success. Traffic exchanges are often attractive because they are non-intrusive and are usually free. Finding new opportunities to make money online is easy. It takes common sense, logic, and the understanding that “work = money”. Anything else is just a pack of lies.

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It may seem basic, easy, or it might not seem that profound.

But, let me say this…

I think the most beautiful and the most powerful ideas in the world are simple. If an idea is that complicated, then it’s hard to repeat. If it’s hard to repeat, then it’s hard to be consistently successful at it. If you can’t be consistently successful at it, then when it comes to making money, you should quickly move on to something that works everytime.

Making money should not be difficult. It should be easy if you focus on an idea that has proven to work, and work it the way it has been shown to be successful.

Here are the three steps to making money fast online. Heck, these are the steps to a successful home business…period.

1. Find a hot, targeted, passionate market. What in the world does that mean? It means to find a group of people that are spending money on a particular subject. It could be a hobby, organization, business, or interest. Why does it matter if they are spending money on that subject? Because it’s one thing to talk about something, it’s another to walk the walk. When a group of people have proven that they are so interested and passionate about something that they spend money on it, then you have found a group that, when give the right product, they would spend money on it.

2. Find exactly what a targeted market wants. This step is extremely important. You can’t guess what they want. You can’t think you know what they really want. You can’t be pretty sure. You have to know exactly what they already want to buy now. You have to know what type of “how to” information they are looking for, and/or what problems they are trying to solve. When you know this, then you are only one step away from making money fast online.

3. Give your hot, targeted, passionate market exactly what they already have proven that they want to buy. This is the key to the money vault. You’ve gotten to the third and final step, and the easiest, if you completed the previous two steps. Just give them what they want. The market you are dealing with here is a market that knows they have a problem and are actively seeking out a solution. Let me say that again…The market that you should be dealing with knows they have a problem and are actively looking for a solution!

These are the three steps to making money fast online, or in any home business for that matter.

If you would like to start making money from home and you would like to start making that money fast, then do not skip any one of these steps. In fact, you may want to print out this article and refer to it when you need it. If, during your work hours, you are not finding a hot market, finding out “exactly” what they already want to buy, and giving it to them, then you are wasting your time.

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Follow the advice here and you can catch the big trends and make triple digit gains.

1. Understand the long term

Making money fast is all about taking and holding the long term trend. This means focusing on the trends that last for months or even years.

Forget, trying to get small size moves or day trading, you will never cover your losses let alone make a profit!

It’s the big trends you need and they give big profits. PERIOD. Check any currency or commodity chart and you will see them, now its time to catch them.

2. Buy High

Most traders like to be in at the start of a trend, but most big moves start from market highs. As most traders like to buy “low and sell high” they never get in on the trend, they wait for a pullback that never comes.

Check any chart and you will see that the major moves occur from new market highs.

It’s hard to do this (and that’s why traders don’t) as you miss the first bit of profit. This is not a worry however, as you cannot predict a market turn, it’s best to get in on the market and make big profits when it breaks out.

So you missed some?

That doesn’t matter though if the trend piles up triple digit gains! Picking tops and bottoms is impossible, don’t try and predict the move wait for confirmation and follow it.

Don’t forget that a trend in motion is more likely to continue than reverse, so buying new highs is very lucrative.

3. Learn to accept huge gains

Most traders can’t do this, but it is the only way to make money fast.

Most traders get so excited they have a profit; they can’t contain themselves and take it, even if it’s small. They fear losing it, or even worse it turning into a loss. The bigger the profit the more tempted they are to take it.

As the market has normal small dips, they panic and then bank the profit and then see pile up huge gains.

To make money fast, you need the guts to hold the trend LONG TERM and below we will show you ways to make this easier for you.

4. Don’t move stops too quickly

If you trade a breakout to new market highs, the trend normally will accelerate quickly away from the breakout. If this happens, put stop below breakout and don’t move it too quickly.

Keep in your head that you need to allow the trade room to breathe and market to correct. Moving stops too quickly, is major reason traders get bumped out of a trend early, so don’t do it.

Wait until you have a great profit and then insure it for peace of mind

5. Use covered write position

These involves going long a future and short a call option (with short time to expiry) in bull market and doing the reverse in a bear market.

This is an insurance policy The covered write will benefit from the futures position going your way and time decay on the option.

You therefore gain protection and can use a wider stop on your futures position as you can keep it far enough back not to stopped out by normal volatility against the prevailing trend.

6. Trade infrequently

The big moves only come a few times a year so only focus on trades that if they breakout are likely to attract serious buying or selling. In a breakout keep in mind the following:

1. The more times a breakout point is tested the more valid it is

2. The longer the time period this support or resistance has held the more valid it is

The big moves come only a few times a year so only trade SIGNIFICANT support or resistance breakouts

Making money fast by holding long term trends sounds easy, but it is not. You need the right mindset to hold on for the long term and the discipline not to be distracted by short term swings in equity.

However if you follow the above advice you could soon be making triple digit gains from the big trends that make the big profits. Accept the above and alter your mindset think long term trends and big profits!

Follow the advice here and you can catch the big trends and make triple digit gains.

1. Understand the long term

Making money fast is all about taking and holding the long term trend. This means focusing on the trends that last for months or even years.

Forget, trying to get small size moves or day trading, you will never cover your losses let alone make a profit!

It’s the big trends you need and they give big profits. PERIOD. Check any currency or commodity chart and you will see them, now its time to catch them.

2. Buy High

Most traders like to be in at the start of a trend, but most big moves start from market highs. As most traders like to buy “low and sell high” they never get in on the trend, they wait for a pullback that never comes.

Check any chart and you will see that the major moves occur from new market highs.

It’s hard to do this (and that’s why traders don’t) as you miss the first bit of profit. This is not a worry however, as you cannot predict a market turn, it’s best to get in on the market and make big profits when it breaks out.

So you missed some?

That doesn’t matter though if the trend piles up triple digit gains! Picking tops and bottoms is impossible, don’t try and predict the move wait for confirmation and follow it.

Don’t forget that a trend in motion is more likely to continue than reverse, so buying new highs is very lucrative.

3. Learn to accept huge gains

Most traders can’t do this, but it is the only way to make money fast.

Most traders get so excited they have a profit; they can’t contain themselves and take it, even if it’s small. They fear losing it, or even worse it turning into a loss. The bigger the profit the more tempted they are to take it.

As the market has normal small dips, they panic and then bank the profit and then see pile up huge gains.

To make money fast, you need the guts to hold the trend LONG TERM and below we will show you ways to make this easier for you.

4. Don’t move stops too quickly

If you trade a breakout to new market highs, the trend normally will accelerate quickly away from the breakout. If this happens, put stop below breakout and don’t move it too quickly.

Keep in your head that you need to allow the trade room to breathe and market to correct. Moving stops too quickly, is major reason traders get bumped out of a trend early, so don’t do it.

Wait until you have a great profit and then insure it for peace of mind

5. Use covered write position

These involves going long a future and short a call option (with short time to expiry) in bull market and doing the reverse in a bear market.

This is an insurance policy The covered write will benefit from the futures position going your way and time decay on the option.

You therefore gain protection and can use a wider stop on your futures position as you can keep it far enough back not to stopped out by normal volatility against the prevailing trend.

6. Trade infrequently

The big moves only come a few times a year so only focus on trades that if they breakout are likely to attract serious buying or selling. In a breakout keep in mind the following:

1. The more times a breakout point is tested the more valid it is

2. The longer the time period this support or resistance has held the more valid it is

The big moves come only a few times a year so only trade SIGNIFICANT support or resistance breakouts

Making money fast by holding long term trends sounds easy, but it is not. You need the right mindset to hold on for the long term and the discipline not to be distracted by short term swings in equity.

However if you follow the above advice you could soon be making triple digit gains from the big trends that make the big profits. Accept the above and alter your mindset think long term trends and big profits!