Newbie's Guide
"Questions and Answers for Newbies"
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"Is making money online for real?
Yes, it's real.
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"How to make money online?"
There are several ways to make money online and the most common ones are:
Internet marketing -- that is selling or promoting products online
Fill up online surveys
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"Which one earns better, Internet marketing or online surveys?"
Internet marketing earns very much better because it requires specialized skills on your part such that the better your skills are, the more money you can make.
But some people would rather go for online surveys because it's easier to start with since you don't really need much skills and no experience is required, all you need to do is give off your genuine opinions and you can make money.
Note!Income from taking online surveys is always capped by the amount of time you can spend on it and you won't get rich by doing that even though you spend your entire life on it, unlike Internet marketing which simply has no limit.
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"Is it true that we can make money online while we sleep? I've seen this many times and I wonder if it's a hype?"
This is true only if you own a website.
Look, your website is running 24/7 across the world wide web where it's accessible by all Internet users.
While you're sleeping like a baby, some people from other parts of the world where their time zones are different from yours could have hopped on your website and made purchases.
And when you wake up the next morning, you'll surely get hyper when you see so much sales have been made during your sleep.
This is something that you cannot achieve by running an offline business unless you're running a 7-11 store.
Get it?!
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"If I were to go into Internet marketing, which kind of products are most profitable for me to promote or sell online, and why?"
Information.
You can't live without information, can you? Everyday, everybody is exchanging information with one another, that makes information the most valuable asset online that you can leverage.
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"How long does it take to see results if I go into Internet marketing business?"
Well, results vary across different individuals.
It really depends on how serious you treat your Internet marketing business and how much time, money and effort you're willing to block out for it.
Results also depend tremendously on whether you're always possessing a positive learning attitude or not.
Nobody can guarantee your results except yourself.
However, generally a committed person should see great results within 2 - 5 years, depending on her level of skill and knowledge, backgrounds, how fast she could learn etc.
Those who are able to achieve success faster usually have a great "master" to learn from. The "master" could be the person himself or his resources.
In other words, you may not need his physical presence, you can also learn from the information he has produced in the forms of ebook or audio/video, etc.
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"Do I need to come up with any capital and how much is required?"
Yes, you do need to set aside some money for doing Internet business.
The money will mainly be used in setting up your website and advertising.
And it should roughly costs you less than $300 (advertising actually costs more) per month especially if you're a newbie.
Expert will need to inject more capitals because they tend to expand their online businesses when they earn more. Business expansion will inevitably incur high operation costs per month.
But by the time you reach that level, spending $10,000 per month for running your online businesses will be chicken feed since every month you could be getting back $100,000 or even more than that without breaking a sweat.
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"Is it true that setting up online business is cheaper than offline business?"
Yes. It's very much cheaper than setting up an offline business.
For example, if you choose to rent a cheap storefront online, you probably need to pay less than $10 per month only, but an offline storefront will require you to pay at least $3000 onwards per month.
Also, renovating your store front and getting furniture, advertising, hiring employees etc will cost you an arm and a leg altogether. This amount is huge enough for you to run 100 online businesses for 10 years with no additional costs incurred.
That's why nowadays many people with tight budget prefer to start up their business online rather than offline.
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"How do I start?" / "Where do I start from?"
There are whole bang lot of things you have to learn if you're going into Internet marketing. That could take you longer time to master if you're starting from scratch without a proper guide.
I'd suggest you to pick up some great resources to learn from so as to shorten your learning curve and fast track your success.
However, if you feel contented with the life you're having now and just want to make some spare time cash, then take up online surveys instead.
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"Is it necessary to have a website?"
You can make money online without a website, and you can make MORE money with a website. So, is it necessary to have a website?
Think about it.
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"Do I have to set up website myself?"
Yes and no.
You can pay some pros out there to help you with the setup, if you're running a big business online or you're way too busy to do it yourself.
However, if you're setting up just a one-man show kind of website, then I'd strongly advise you to save money on that and do the setup yourself since you'll be running the website all by yourself.
Setting up website by yourself has the advantages of knowing how exactly your website runs and what more do you need to make it even better, etc.
And the good news is setting up a website is almost idiot proof.
You don't need to be a specialist or technical person to perform set-up, anyone can do it.
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"How to get visitors on my website?"
This is the crux of a successful online business. Whether your business will live or die will very much depend on this.
In his money making "encyclopedia", Ewen will show you the best effective methods to drive ready-to-buy visitors to your website and the step-by-step procedures on how to use each of the methods to obtain maximum sales results.
Well, that's all for this Q & A session. By the way, did you get all your questions answered here? If not, email me now and I'll be more than happy to help you with that.
iOneMoney.com