Making Money
There are two ways of making money In the first way, you trade your time for money. It's called working for a
living. It doesn't matter if you're a factory worker, salesman, doctor, lawyer or any other working profession. If
you don't work you don't get paid. In the second way, You work to put something in place but once you set it up
it brings in money without requiring any more of your time. It works for you. You can take money you've worked
to earn and invest it so that it works for you. You can write a book or a song and if they sell, they make money
for you. You can start a business and if If you have people to run it for you, it works for you. But if you have to
work at it every day it falls into the first category. Many things are a blend of both but the more that something
that you put in place earns money for you, the better off you are. You want money, people or things to be
generating money for you. Income that you no longer have to work for is called residual income. When we talk
about making money online, we will separate it into those two categories. Of course some will be a blend, but
the more we can put it in the residual income category the more desirable it will be
Getting A Website
There are places like the dollar store or other business opportunities that will give you a website for free. These
are okay if you want to do that business. The problem is you can't use them for anything else. It's very easy to
get a website that you own, with your own domain name. Some are less than $10.00 a month. I own this site.
Another site that I own is tonyknows. I can do any kind of business I want with sites that I own. A place where
you get your own site is called a host. There you get a domain name and build your website. I use Yahoo. I
have been using it for many years. They has everything that you might need to take your business to any level.
They offer a good quick start on line site building tool called Yahoo! Site Solution. It s give you a good selection
of site designs and page layouts. They then create a series of pages that any typical business would use. This
is a fairly new site building option at Yahoo. They also offer a great off line site building tool called Sitebuilder.
This is the one that I use for all my websites. It is a flexible, full featured option that gives total control over your
website. It is not offered as an option when you sign up. You have to go looking for it. Go to the Web Hosting
Control Panel. Click on the Create & Update tab. Toggle open the Other Site Building Tools to see the list. At
the bottom you will see the link to the information and download page for Site Builder. For information on
getting and building a website go to the Getting Websites page. Click on the banner below to learn more about
web hosting at Yahoo.
Making Money With Your Site
Once you have your site, how do you make money. I f you have products to sell, you can sell them through
your website. You can use a Google program called adsense. You let Google put ads on your site related to
your content. If the ads get clicked on by visitors to your site, you get paid. You could become an affiliate
marketer. As an affiliate marketer, you sell the products of other companies. There are many companies that
have these programs, even well known ones like Amazon. Go to my web site, tonyknows, to see this type of
advertising. So now you have a website. It's open for business. What's left? You need visitors, It's called traffic.
It's common sense that without traffic, you can't make any money. Getting traffic is the most critical part of your
Internet business. This is new website and I will be covering many topics in depth but I am going to cover and
offer resources for building traffic first. Although I started with a website, You can actually build traffic first and
even earn residual income before you ever get one.
Getting Traffic
There are two ways to get traffic. You can pay for it or you can get it for free. Just like any business, you can
pay for ads on or off the web. This would be very expensive. When you do a use any search engines, you see
sponsored ads. It gets you at the top of the search engine results but again it's expensive. One way that can be
fairly economical if done right is adwords. It's the other half of adsense. You bid on adwords to have them
placed on other people sites. You only pay if they get clicked on. Some play the game of using both adwords
and adsense. They hope that the adwords will bring them enough visitors that will click on their adsense ads for
them to make a profit. I am first going to concentrate first on free ways to get traffic. The first way is natural
traffic. You build a website with great content. Search engines find your website. When someone does a search
on a topic that you have on your website, you hope they find yours. The words that they search with are called
keywords. You know that when you do a search, millions of results show up. If your not on the first few pages,
chances are your site won't be found. You would hope to be on the first one or two pages. The process of
getting there is called SEO or search engine optimization. My website, tonyknows, gets a fair amount of natural
traffic. It has a lot of great free content. Having good content is a requirement, if you want to get noticed by
search engines. There are other ways to get free traffic like traffic exchanges and free ads. Most of these sites
offer a free and a paid version. The safe list below is one that I use. Since traffic is the key to Internet success I
have given it it's own page. Go to Getting Traffic. There you will also learn how you can build traffic and earn
residual income before you ever even get a website.
©2010
I have a knowledge based website with lots of free content. The largest section contains lots of free music
lessons. I also have a section teaching about money. There is a section on building websites. I have a book
review section reviewing non-fiction books on various topics. Click on the link below to get there. There will be a
link on the home page to get you back here.
My Knowledge Web Site
Making Money Online
Google the title of this paragraph, you will get over 200 million results. With that many ways to make money, it
should be easy. But if you've tried it, you know it's not. Working online, the same two ways that we discussed
above apply..First there is trading your time for money or working for a living. Online reading paid to click e-mail
ads or doing paid surveys and any other type of online activity that only pays you when you work, would fall into
this category. Selling products online is a way to make money. E bay is the most well known. If you have to stock
and ship the products, you are in the working for living category. The second way is to receive residual
income. If you have a website there are a number of ways to earn residual income. You could sell information
or a service. You could be an affiliate selling other peoples products for a commission. For a great free ebook
on affiliate marketing called "Click Bank For Newbies" click on the link below. There are opportunities to do
things the first way. You probably won't make a lot of money that way but it's easier because the second way
has a major drawback. It's very easy to set some thing up, but getting customers is another story. Let's look at
an example. Suppose you would like to have an online dollar store. I Googled "your own online dollar store". I
got nearly 25 million results I clicked on the very first result. They set you up for free with your own website.
They stock and ship the products. You get a commission on what you sell. They give you all kinds of training.
After the first free month, it's $39.95 a month. So with little effort, you have your own online business. Then
comes the hard part. Out of the billions of websites out there how do you get anybody to come to yours. What
you need is traffic.