Saturday, April 11, 2009

How to Find Real Internet Business Ideas

There are virtually unlimited ways to make money online but just because you earn money doesn't mean you have a real internet business. Unfortunately there are scams, outdated ideas & opportunities, and other ways to make a little money on the internet but they aren't real businesses. In this post I will take a closer look at these possibilities and tell you how to find real internet business ideas that you can implement to help you make money from home.

* Online Business Scams

You will see the word "scam" being thrown around a lot when it comes to making money online. Just about anytime someone is unhappy with a program or opportunity they have tried they are quick to call it a scam. However, this is often unfair and is usually not actually true. It implies that you have been intentionally deceived and defrauded. This does happen but it's a lot more unusual than you might think.

A couple examples of scams would be where you send money for a product that doesn't even exist, or you pay for business coaching and never get it. You can usually avoid having this happen to you by checking online forums or searching Google for reviews and information on the product or service that you are considering.

* Outdated Ideas and Opportunities

When you are browsing for ways to make money online you will undoubtedly come across some internet business ideas based on outdated methods that no longer work or don't work very well anymore. The internet changes very quickly so what works one year may not work the next year, and any online business strategy must be very flexible and keep up with the changes.

For example, a few years ago it was possible to make a lot of money with Adsense by building websites that automatically created thousands of spam pages to attract traffic from a ton of different keywords. The search engines figured this out and started dropping and banning those types of sites. They also changed their algorithms so sites like this wouldn't rank highly anymore. Google also made sites like that against the Adsense rules. Needless to say, that technique doesn't work anymore but you still see plenty of people promoting it as a great way to make money online.

Adsense is still a great business model and you certainly can make money with adsense. But you have to do it in a way that works right now, not a way that worked a few years ago or even last year. Internet marketing techniques change very fast so you need to continually learn how to make money online with adsense and keep up with the times.

* Is it a Real Internet Business?

Many people make money online working for others and think they have a real internet home business but they actually don't. This can be about any type of home job from writing website content to working in customer support. Many people are happy doing this type of work but it really cannot be called an internet business. Somebody is employing you, even if you never meet them or even talk to them other than through email or messenger.

There is a fine line between doing a work at home job for someone else and running your own online home business. One way to see the difference is to look at who sets the price. Is someone paying you a certain amount of money for doing a certain task? If so, they own the business. Or are you setting the price and accepting clients who take it, or doing things where you are in control of how you make the money and how much you can make? If so, you own the business.

* Where to Find Internet Business Ideas

One of the best ways to find home business ideas is to observe other successful businesses. Many people will offer to teach you how to make money online if you read (buy) their ebooks and products but you can often learn more from watching how they sell this service to you.

Even better, visit a site where websites are bought and sold to see the exact ways that the owners are making money from these sites. It is hard to get an idea of the money making potential of a website just by looking at it, but someone who is selling you the site will tell you exactly how much money it makes and how.

You can see profitable websites and real online business being sold at places like the Sitepoint Marketplace and Digital Point Forums. Look at the premium and established sites for sale and click through to the details. The owners will often provide detailed reports, screenshots, and PDF downloads of how they make money from the website.

You will see at these marketplaces that there are a massive variety of existing online businesses available to buy. Even if you want to build your own website instead of buying an existing one, visiting the site selling markets will give you a ton of home business ideas. Make sure you write them down so you don't forget all the details of these profitable internet businesses after the sites are sold.

I will finish by saying that it's not easy to build a real internet business that brings you in significant profits on a consistent basis. You will have to spend a lot of time learning, researching, working, and implementing new ideas and techniques. Don't expect to make money online fast and don't be fooled into thinking you can join some business opportunity then sit back and wait for the money to roll in. That's not going to happen!

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