Thus far, I’ve given my definition of what an online business is, and I’ve given you what I feel are a few prerequisites to becoming a successful online business owner.

So now let’s get more detailed as we drill down closer to what you’ll actually be doing. A lot of people say they want to make money on the internet, but they really have no idea what that looks like in real life.

One of the problems is that there are literally thousands of ways to make money on the internet…

(Watch this video…)

eric's tips

Main points:

  • There are thousands of ways to make money online.
  • My way is NOT the only way.
  • Being able to follow a blueprint is great, but I also want you to be able to create your own blueprint when the lessons are over.
  • I want you to see the big picture so that you can look at my business model in the proper context.
  • Avoid the “bright shiny objects” and focus on one opportunity at a time.Some ways to make money online include (see video for details):
  • 1) Ebay – here’s a free Ebay guide I made awhile ago.
  • 2) Info products/Digital products
  • 3) Physical products
  • 4) Affiliate marketing
  • 5) Work from home job
  • 6) AdSense or other contextual ads (Ok here’s one affiliate link… If you really want to learn all about AdSense I do recommend my friend Joel who is the foremost expert: AdSense Secrets)
  • 7) MLM
  • 8] Coaching/consulting
  • 9) Service site
  • 10) Web hosting – Here’s a free 114 page ebook I wrote about how to be a web hosting reseller.
  • 11) Membership site
  • 12) Social network/web 2.0 site – maybe you will start the next facebook?
  • 13) Freelancer – My favorite freelancer site (where I hire the most people from) is Rentacoder
  • 14) Paid Blogger – here is someone’s blog post listing a bunch of paid blogging sites
  • 15) Domainer – my personal domain registration site is LifeDomains
  • 16) “GPT” sites
  • 17) Sports betting arbitrage
  • 18) Trading (Stocks, commodities, forex, etc) – If you decide that this is an opportunity you want to pursue, I highly recommend my Trading Pro System
  • (This is by no means an exhaustive list)
    Action steps:

    Your action step today is optional. And it’s simple:

    1) look around and see how big the picture is, and how numerous the opportunities are.

    If you want to look around and see what else is out there, now is the time… NOT when we’re on lesson #55 and you’re in the middle of following my online business blueprint. Because once we get started, I want you to commit to following through and finishing it, because if you don’t finish it you won’t succeed with it.

    Now IF you do go out and research some of the opportunities I’ve just mentioned, remember what I said in Lesson #3… don’t buy stuff unless you know what you’re doing!

    I know this goes against the grain of what most marketers would do in my situation. I should be reeling you in and hooking you on my own idea. But I don’t want to do that. I want you to understand the scope of opportunity out there, and then choose to follow my lessons because you WANT to. Not just because you feel like its your only option. And if you’re confident in your decision to follow my blueprint, you’ll be much more focused, and you’ll be more likely to stay the course.

    As always, you are welcome to post your questions and comments below.

    Have a great day!


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