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This article shows the beginner the basics on how to start an online money-making venture as quickly as possible.

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Copyright 2006 Anwar Ahmed Ally

Okay, you’re reading this because you want to make money online. You are fairly new to this, so you want some assistance. Well, you’re reading the right article. I will attempt to show you the basics on how to start an online money-making venture as quickly as possible.

The internet, through its sheer size, can be a bit overwhelming for a newcomer especially if there’s so many different types of lucrative opportunities out there. Follow these simple steps to get started.

STEP 1: Understand how money is made on the internet

In its simplest form, money can be made on the internet in roughly three ways:

By setting up your own web site

A web site can be an ideal way to make money online. However, it should be pointed out that you have to be prepared to put in a lot of hard work and have a great deal of patience. Your web site can make money by you offering a product or service on it or by earning advertising revenue or both. You can sell just about anything on a web site but it is recommended that you start with items that are instantly downloadable like software or ebooks. This spares you the agony and extra work of having to specially ship physical items around the world.

You will start by choosing a domain name, registering it and hosting your site. You need to design a site to suit your needs and what you have to sell. You can use the services of a web designer to do this for you or if you are the creative sort with reasonable computer knowledge and some good common sense, you could do this yourself –it’s not that difficult!

You will also need the ability to accept credit card payments from your customers. This has become reasonably easy to do these days by simply making use of a third party processor. Search for these on the search engines. You then need to market your web site either by way of paid ads or by using good Seo (search engine optimization) techniques to get your site ranked well in the search engines.

An alternate method of making money with a web site is by offering free, useful and quality content that appeals to users. Once you have built up a decent amount of regular visitors, you host Google Adsense ads. Google will pay you a commission on all their ads that are clicked on your site. You can also offer paid advertising to other web sites on your own by way of text or banner ads.

By doing some sort of online work for a company

There are numerous genuine companies out there that offer part time work to ordinary individuals. You can find research work, taking of surveys, data capturing, typing, etc. You can source these companies by searching for them on the search engines.

By participating in affiliate programs

Affiliate programs are popular with work-at-homers. An affiliate program is simply an advertising/marketing program run by company/web site in which they get members to refer visitors to their site. Members are paid per visitor or per sign-up or a combination of both. Most affiliate programs are free to join and the company will provide you with marketing/advertising aids in the form of text ads, sales copy, banners, etc to use. It is quite alright for you to participate in more that one affiliate program at the same time – this greatly increases your chance of success. Incidentally, affiliate activities create a great deal of internet traffic. To further increase your chance of success with affiliate programs, only join established companies that offer well respected and popular products or services.

STEP 2: Decide what you feel comfortable with

Now that you have a brief idea on the most popular money-making methods, you need to decide which one appeals to you. Once you have, feel free to do more research in that area and try to get as much information as possible. Play around with a few ideas until you are sure what you want to do.

STEP 3: Finding the right opportunity

Once you’ve decided on what you’d like to do, you now need to find the right opportunity. If you’ve decided to start your own web site, you need to determine what it’s going to be about. It’s best to base it upon something you have a fair knowledge of or are passionate about. If you’ve decided to take the affiliate route or to do online work for a company, make sure you are dealing with a reputable company that pays promptly. Use the search engines to find possible companies, then email these companies with any questions you have. Ask for references (people who are doing work for this company) and contact these people about their experiences.

Following these simple steps should put you on the right track very quickly. All the best!