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Copyright © Nikki Mhlanga
http://www.smart-homebiz.com

Since the advent of the Internet, a lot of people have been trying to make money online. Some have succeeded; some have not only failed, but have also lost a lot of money; and some are still trying, hoping their luck will change.

The list of ways to make money online is long: Affiliate programs, Multi Level Marketing (MLM), High Yield Investment Programs (HYIP), Surveys, Resale Rights Products, creating and selling your own products, niche/content websites, writing articles for content sites, paid to surf, and the list goes on.

Although there are a lot of genuine and legitimate ways to make money online, the internet has also been flooded by many frauds and scams that promise people instance riches overnight.

So those wanting to try their hand at making money online, or to change their luck for the better, ask: Is there really THE best way to make money online? The simple answer is NO.

The basic fact is that what is a good way to make money online for one person may not be for the other person. What makes someone else a million dollars in six months’ time may only make you a few hundred dollars within the same timeframe. Your dedication, effort and knowledge is what normally makes the difference.

Each person has to find what works for them and their experience and skills and interests. Everybody have their own ways to make money online – there are no BEST ways, and there are No easy ways.

It is noteworthy that an online business is no different from any other business. You have to make the investment, in terms of time, money, effort etc. You should be prepared to learn a lot, work hard and you must have lots of patience.

So what constitutes the ‘best’ and easy way to make money online?

Whatever you feel the most comfortable with. It is important for you to explore what interests you and be confident in the products or services you represent. If you are passionate about your online business and the products or services you represent, and work hard at it, you can easily succeed.

A business that will give you a repeating income and does not rely solely on your own efforts. Residual income is what set apart the winners from the losers on making money online – you must do the work once and get paid five years from now. Instead of relying on only your efforts to build your online wealth, you can build your wealth through the efforts of many sub-affiliates. Instead of making your online wealth from 100% of your own efforts, you can make it from 1% of 100 sub-affiliates. A good online business is one which earns you some residual income.

A business that will give you multiple streams of income from diverse business ventures. Do not put all your eggs in one basket. A good online business can be a combination of several affiliate programs, or sites setup in all sorts of niches, free/paid membership sites or selling your own or other people’s e-books.

A business that gives you a secure and lasting way to earn a living online such as selling a product which you can develop or upgrade over time. A well executed site targeted to a very specific refined area selling a hard to find product or e-book is a good online business. These can be your own products or someone else. An online business is similar to any other business – long term security is important. It is therefore advisable that you start an online business that has long term success potential.

A business that suits your skills and experience. For example, for most people, affiliate programs tend to be the easiest way to start with. They have minimal investment requirements and some very good ones come with a step-by-step guide to help you start making money with the affiliate programs.

A good online business is one for which you have a well executed marketing plan. How you market any business can make or break that business, so the marketing plan you have for your business – whatever it is – and how effective that marketing plan is, will determine how good your online business will be for you. How you decide to promote what you choose to do online will make the difference.

A business with which you can have a long term focus, which you will be able to work on consistently to grow it. The key to making an online business succeed is to work the opportunity every day without fail, and to stick to it. A lot of people come across good online business opportunities, but most of them quit before finding financial freedom, and they jump onto the next online business opportunity. This is mainly because the internet is full of ‘business opportunities’ some of which are scams, and also, some wealth seekers think that there are some easy and quick ways to make money online. Pick a proven online business that suits your interests and experience, focus on it long enough, do not get distracted, and you’ll make money.

Regardless of what you will consider to be the ‘best’ online business for you based on your interests and experience; in order to make real money, you will need to have some ‘leverage’ and use some tips which will ensure that your online business is a success.

Whatever the type of online business you will take on, you will need the following to succeed and make your way of making money online THE best way to earn money:

Build your own subscriber list or affiliate program which will become an asset that you can draw money out of continually over time. You will need a customer base to make money with any online business.

Whatever your business is, set up your web site so that you can get free organic and viral traffic. This is a very powerful form of leverage that will offset your marketing expenses.

Have an in-demand product, which can easily be leveraged to recruit affiliates, perform joint ventures, build a list or even sell resale licenses.

Build a solid reputation. This form of “leverage” will exponentially increase your sales over a competitor, can help you easily get into joint ventures, and will literally market your products and services for you.

If you identify a strategy that is working ‘best’ for you then you can put more effort there! It is recommended that you diversify by having for example affiliate programs, offline businesses, MLM, own products etc.


The Stench of Truth 232 I want an investigation into Goldman Sachs and a renewed call to remove Geithner and prevention of Storch from taking the position at the SEC, in enforcement no less! Text of letter to congressman/senator follows: October 16, 2009 Dear Senator Specter: I was dumbfounded to see in the news today that a Goldman Sachs executive, Adam Storch (VP of Goldman Sachs Business Intelligence Group) was named by the SEC as the Chief Operating Officer for enforcement. This is a complete TRAVESTY. Is it not bad enough that former Goldman Sachs employees have been so firmly entrenched in the Obama administration that there is no difference between government economic policy and Goldman Sachs policy? Here is a list of people with ties to Goldman Sachs: Bob Hormats Under Secretary of State for Economic, Energy,… Diana Farrell Deputy director of Obama’s National Economic… Faryar Shirzad Global Head of Government Affairs at Goldman… Gary D Cohn Gary Gensler ex-Goldman Sachs executive, Chairman of Commodity… James A Johnson Vice Chair of Perseus and Goldman director;… James C Langdon Jr Senior Executive Partner at Akin Gump and Bush… Jason Furman Obama Campaign Economic Policy Director John Whitehead Banker and public official (ex-Goldman Sachs) Jose Fourquet Investor, Goldman Sachs & Co. Karthik Ramanathan Acting Assistant Secretary for Financial Markets Larry Summers Obama Administration – Director of the National… Mark Patterson Chief of Staff to Tim

Real estate investing is tough at the best of times. What about the worst of times. Is it possible to invest profitably in real estate when the market is like it is right now?The real estate market is in meltdown right now. House prices are plummeting, foreclosures through the roof, people living in their cars and houses selling for $1. I’ve been watching a lovely 4 bedroom home in Florida that is listed on eBay right now for a starting bid of $1.Real estate investing success relies on a few simple parameters. Rising house prices and good rental returns. If an investor can secure a house that will rise in value over time and returns enough rental return to come close to covering the expenses of the mortgage and other holding costs, then that investor will, over time, make a profit.Ideally the rental returns from the tenants should exceed the costs of holding the property, and it is then in positive cash flow, and the investor makes a return on investment both from the income from the property and from the capital gain as well.It’s all pretty simple really. There’s dozens of real estate investment seminars around, however that’s the basics. If you buy a home for an investment, and the value of that home goes down over time, you’ll lose money.If you’re making a loss on the rental return over time, you’ll also lose money unless you can sell that home in the future at a price that is sufficiently higher than the purchase price to cover the rental losses and make some return on capital.Simple stuff. But hard to achieve, even in the best of times. When the market is good, like it was up until a while ago, you made money if you we’re a good real estate investor. If you chose well, bought well and tenanted the property well, you were in front.Not any more. The basic premise of real estate investing is rising home prices. If you’ve got rising home prices then you’ve got a good chance of doing well. Buy just about anything and by default you’ll make money.Now prices are falling.So right now there are no real estate investment opportunities right? Wrong. There are good real estate investment opportunities. But if you’re trying to find them yourself you’re almost guaranteed to fail. There are some professional real estate investors now who are trying, and if you’re a professional investor with significant real estate investment experience you may do well. Or you may well do badly too.But if you’re beginning real estate investing now you’d be better to stay out of the market. Unless……Imagine for a moment. A solid American public corporation, experienced in real estate investment. Well capitalized with a well thought out proven strategy for investing in real estate regardless of market direction.The corporation invests in buying homes in demand. Not your McMansions that are on eBay right now, but the sort of houses that millions of working Americans live in right now, or need to live in. Basic properties that exist in their millions right over the US.With sufficient capital it can buy hundreds of homes at a time. From government, charities or any organization that owns large numbers of homes in a single area. And because it can buy like that it can buy at way below market value. Hundreds at a time purchased in a suburb with all the right characteristics including high demand for rental properties and, in some cases a backlog of demand for up to 15 years.Then it refurbishes those homes to a high standard. While doing so it spends money on the suburb building parks and playgrounds and community facilities. And within a period of time a suburb has been totally transformed. New community attractions, high quality homes that people want to live in. Suddenly everyone wants to live there.Up to 40% of the profits are ploughed back into the local community.Demand rises, people want to live there, both to rent and buy. The corporation has created it’s own capital gain, regardless of market direction.And then it sells these properties to individual investors. No money down, loan provided, tenant provided with a rental guarantee. Immediate equity to the investor of around 15%. The investor owns the property and can hold it or sell it and keep 100% of the profits.Now that’s successful real estate investing in a bad market. But it takes experience, commitment to a community and to the investors, and a solid background of real estate experience, and a lot of capital.Sound too good to be true? Maybe it’s not.


www.ted.com Negative images of Africa dominate the news famine and disease, conflict and corruption. But Ngozi Okonjo-Iweala, the former Finance Minister of Nigeria and now a director of the World Bank, says there’s a less-told story unfolding in many African nations: one of reform, economic growth and business opportunity. Cracking down on corruption — and the perception of corruption — will be the key to its success. She tells how high-ranking Nigerian officials taking money illicitly have been jailed, and how citizens and prospective business partners are getting at least a partial picture now of where money flows.

is there a real HYIP or are they all scams, is there a real opportunity to make real money on the net?

Hey guys.

I know that there are MANY HYIP’s that are SCAMS, but in fact, there are a couple of them that have been running for about 3 years or so, that I’ve seen proof that they DO give you your money back, and the percentages that they promise. Example: NanoMoneyCorp, InvestmentForge, and Genius Funds.

Now, are these legal? I think that’s all I wanna ask..

Thanks a lot!

I own the house I live in (a small part of it), a condo I rent out, and I’m looking to expand. I have excellent credit, money to make a 20% down payment, and I’m looking at buying a relatively cheap pre-forclosure house. I’m getting high monthly payments estimates from mortgage companies. I’d make next to no profits. How do people afford to buy and make money off of investment properties? Is there secret funding somewhere?

I need their names or url’s.

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