The Best Advice For 'Making Money Online'..

bahi0100

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Hey,

I've been online since 2006... and I've been making a full time living online for a few years. I run my Internet business from my laptop whilst I travel the world (at this very minute I'm in Koh Samui, Thailand).

One of my favourite marketers is Seth Godin, everything he puts out is pure awesome...

He just posted a blog post containing some of the very best advice for people new to this game - I wish I'd read it many years back..

I've a lurker on the Blackhatforum for a while and I think it's worth a few reading..

1.The first step is to stop Googling things like, "how to make money online." Not because you shouldn't want to make money online, but because the stuff you're going to find by doing that is going to help you lose money online. Sort of like asking a casino owner how to make money in Vegas...

2. Don't pay anyone for simple and proven instructions on how to achieve this goal. In particular, don't pay anyone to teach you how to write or sell manuals or ebooks about how to make money online.

3. Get rich slow.

4. Focus on the scarce resource online: attention. If you try to invent a way to take cheap attention and turn it into cash, you will fail. The attention you want isn't cheap, it's difficult to get via SEO and it rarely scales. Instead, figure out how to earn expensive attention.

5. In addition to attention, focus on trust. Trust is even more scarce than attention.

6. Don't worry so much about the 'online' part. Instead, figure out how to create value. The online part will take care of itself.

7. Don't quit your day job. Start evenings and weekends and figure it out with small failures.

8. Build a public reputation. A good one, and be sure that you deserve it, and that it will hold up to scrutiny.

9. Obsessively specialize. No niche is too small if it's yours.

10. Connect the disconnected.

11. Lead.

12. Build an online legacy that increases in value daily.

13. Make money offline. If you can figure out how to create value face to face, it's a lot easier to figure out how to do the same digitally. The web isn't magic, it's merely efficient.

14. Become the best in the world at something that people value. Easier said than done, worth more than you might think.

15. Hang out with people who aren't looking for shortcuts. Learn from them.

16. Fail. Fail often and fail cheaply. This is the very best gift the web has given to people who want to bootstrap their way into a new business.

17. Make money in the small and then relentlessly scale.

18. Don't chase yesterday's online fad.

19. Think big, act with intention and don't get bogged down in personalities. If it's not on your agenda, why are you wasting time on it?

20. Learn. Ceaselessly. Learn to code, to write persuasively, to understand new technologies, to bring out the best in your team, to find underused resources and to spot patterns.

21. This is not a zero sum game. The more you add to your community, the bigger your piece gets.

I've bolded the ones I think are the most important but seriously all of this should be followed! It's complete gold!

You like?
 
I actually wanted to post something like this last week, very nice post for newbies, I don't agree with everything it says but it definitely has some ground rules that every one from beginner to pro needs to keep in mind.
 
Should remember these rules all ALL THE TIME.
Thanks for sharing. Preventing a lot of beginners waste tons of money
 
Really helpful rules!
Now somebody need to make a rap song about these rules (like Notorious B.I.G. with his "Ten Crack Commandments") :)
You get 5/5 stars from me :-)
 
nice post ....... hope a lot consider your point. its worth :)
 
Really helpful rules!
Now somebody need to make a rap song about these rules (like Notorious B.I.G. with his "Ten Crack Commandments") :)
You get 5/5 stars from me :)
 
It's great that people like you know how to go back to your roots and share your experiences with those just starting with this business. Keep it up!
 
Hey,

I've been online since 2006... and I've been making a full time living online for a few years. I run my Internet business from my laptop whilst I travel the world (at this very minute I'm in Koh Samui, Thailand).

One of my favourite marketers is Seth Godin, everything he puts out is pure awesome...

He just posted a blog post containing some of the very best advice for people new to this game - I wish I'd read it many years back..

I've a lurker on the Blackhatforum for a while and I think it's worth a few reading..

1.The first step is to stop Googling things like, "how to make money online." Not because you shouldn't want to make money online, but because the stuff you're going to find by doing that is going to help you lose money online. Sort of like asking a casino owner how to make money in Vegas...

2. Don't pay anyone for simple and proven instructions on how to achieve this goal. In particular, don't pay anyone to teach you how to write or sell manuals or ebooks about how to make money online.

3. Get rich slow.

4. Focus on the scarce resource online: attention. If you try to invent a way to take cheap attention and turn it into cash, you will fail. The attention you want isn't cheap, it's difficult to get via SEO and it rarely scales. Instead, figure out how to earn expensive attention.

5. In addition to attention, focus on trust. Trust is even more scarce than attention.

6. Don't worry so much about the 'online' part. Instead, figure out how to create value. The online part will take care of itself.

7. Don't quit your day job. Start evenings and weekends and figure it out with small failures.

8. Build a public reputation. A good one, and be sure that you deserve it, and that it will hold up to scrutiny.

9. Obsessively specialize. No niche is too small if it's yours.

10. Connect the disconnected.

11. Lead.

12. Build an online legacy that increases in value daily.

13. Make money offline. If you can figure out how to create value face to face, it's a lot easier to figure out how to do the same digitally. The web isn't magic, it's merely efficient.

14. Become the best in the world at something that people value. Easier said than done, worth more than you might think.

15. Hang out with people who aren't looking for shortcuts. Learn from them.

16. Fail. Fail often and fail cheaply. This is the very best gift the web has given to people who want to bootstrap their way into a new business.

17. Make money in the small and then relentlessly scale.

18. Don't chase yesterday's online fad.

19. Think big, act with intention and don't get bogged down in personalities. If it's not on your agenda, why are you wasting time on it?

20. Learn. Ceaselessly. Learn to code, to write persuasively, to understand new technologies, to bring out the best in your team, to find underused resources and to spot patterns.

21. This is not a zero sum game. The more you add to your community, the bigger your piece gets.

I've bolded the ones I think are the most important but seriously all of this should be followed! It's complete gold!

You like?


Connect with me on Skype what is your Skype?
 
Hey,

I've been online since 2006... and I've been making a full time living online for a few years. I run my Internet business from my laptop whilst I travel the world (at this very minute I'm in Koh Samui, Thailand).

One of my favourite marketers is Seth Godin, everything he puts out is pure awesome...

He just posted a blog post containing some of the very best advice for people new to this game - I wish I'd read it many years back..

I've a lurker on the Blackhatforum for a while and I think it's worth a few reading..

1.The first step is to stop Googling things like, "how to make money online." Not because you shouldn't want to make money online, but because the stuff you're going to find by doing that is going to help you lose money online. Sort of like asking a casino owner how to make money in Vegas...

2. Don't pay anyone for simple and proven instructions on how to achieve this goal. In particular, don't pay anyone to teach you how to write or sell manuals or ebooks about how to make money online.

3. Get rich slow.

4. Focus on the scarce resource online: attention. If you try to invent a way to take cheap attention and turn it into cash, you will fail. The attention you want isn't cheap, it's difficult to get via SEO and it rarely scales. Instead, figure out how to earn expensive attention.

5. In addition to attention, focus on trust. Trust is even more scarce than attention.

6. Don't worry so much about the 'online' part. Instead, figure out how to create value. The online part will take care of itself.

7. Don't quit your day job. Start evenings and weekends and figure it out with small failures.

8. Build a public reputation. A good one, and be sure that you deserve it, and that it will hold up to scrutiny.

9. Obsessively specialize. No niche is too small if it's yours.

10. Connect the disconnected.

11. Lead.

12. Build an online legacy that increases in value daily.

13. Make money offline. If you can figure out how to create value face to face, it's a lot easier to figure out how to do the same digitally. The web isn't magic, it's merely efficient.

14. Become the best in the world at something that people value. Easier said than done, worth more than you might think.

15. Hang out with people who aren't looking for shortcuts. Learn from them.

16. Fail. Fail often and fail cheaply. This is the very best gift the web has given to people who want to bootstrap their way into a new business.

17. Make money in the small and then relentlessly scale.

18. Don't chase yesterday's online fad.

19. Think big, act with intention and don't get bogged down in personalities. If it's not on your agenda, why are you wasting time on it?

20. Learn. Ceaselessly. Learn to code, to write persuasively, to understand new technologies, to bring out the best in your team, to find underused resources and to spot patterns.

21. This is not a zero sum game. The more you add to your community, the bigger your piece gets.

I've bolded the ones I think are the most important but seriously all of this should be followed! It's complete gold!

You like?

Nice share! Thanks!
 
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