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Other Ways to Make Money

2009.02.24 05:39:24
At Professional Investment Services (powered by Financial Gain) (my financial planning company) we focus on how to help clients achieve their financial goals and so I am often asked what to invest in and where.

As a financial planner I am trained and educated in the traditional methods of creating wealth and protecting wealth however people are often looking for either faster or simpler ways to accomplish these two things, especially the first.

So this blog is in no way the views of Professional Investment Services (powered by Financial Gain) but my personal opinion on alternative ways to create wealth.

I say alternative ways to create wealth because I use both these methods and the traditional methods, i.e buying real estate, shares and managed funds as well as using vehicles such as trusts, companies and superannuation so this blog is not about those traditional thins however my experiences with alternatives.

The fist such alternative is obviously owning your won business however the biggest issue here is that you need to give up your day job or work insane hours each week as you are effectively doing two jobs.

I have been looking at ways that someone can side track that whole working two jobs thing and the internet provides us with the answer.
The internet is exciting because to begin with an internet business is working 24 hours a day and 7 days a week whether you are or not.

This got me thinking, how do you start an internet business with little risk and also not a whole heap of time. Remember the aim is to give you more income without taking up too much time.

I started with my very own online web business where everything is already created for you, the products, the website the whole lot and this has proved to be great as the business grows (slowly because I have not been advertising it) each and every month and because there are residual orders this gives me a residual income stream.

Visit this link to find out a bit more about the business, there are two options and each one is less than about $220US per annum with one option only $149USĀ  …. Be a Reseller

You can see what the store looks like at www.essentialinternettools.com , this is what you get and it is open 24 hours a day and 7 days a week so for something simple and easy for you to get your teeth into this is the way.

As your confidence grows you can start to get into more complex opportunities on the web with things such as affiliate programs, pay per click marketing and parking programs which are all easy ways to start making money on the web.

An example of an affiliate program is Day Trading Robot where if you follow the link and go to the page you will see a lot of information about a trading program that is supposed to make you lots of money (It looks good but I have not tried it as I am not a day trader I’m a long term investor). At Day Trading Robot if you like the program you can purchase it and because I introduced you to it I would receive a commission. Thats affiliate marketing. Pretty easy isn’t it.

A parking program is a program where you can just “park” your domains and it’s kind of like renting out your back lawn. A company like Sedo place advertising links onto a web page and link that to your domain. There is nothing for you to do and you get sent a commission check every month for any clicks that have been made on that web page. This is probably the easiest way of making money however it is also the lowest paid unless you have a really great domain name that people are always going to. Sedo is also a great place to sell domains if you want to sell them for a profit.

Selling domains for a profit can be very rewarding however it can also be quite frustrating. Take for example that you can buy a domain at www.lowcostdomains.co.nz for $29NZ and I have sold some for well over $1000 this can be a very lucrative way of making money. So you buy the domain at Low Cost Domains for $29 and hopefully sell it for many times that at either Sedo or Trademe. I use Sedo because they don’t charge you to list the domain and they have a world wide audience.

An example of a pay per click program is difficult to demonstrate here because most of the advertisers will not accept traffic from NZ so the program would be created on a .com domain and you would only recieve revenue from the countries that the advertiser is allowing traffic to come from. If you followed the link from a country where the advertiser is not taking traffic from you would be redirected to another website which is the advertising company.

Another simple way of making money on the web is to create your own website and offer services that you know a lot about, a hobby or a passion. I have created Big Tez (The IT Company) to assist with that as the only thing that stops people from engaging in the creation of their own website it that they know alot about say fishing but they don’t know about html , programming or source code.

Big Tez (The IT Company) will joint venture with people who want to try building business on the web but want to partner with someone who knows how to build sites.

So Money can be quite easy to make using the internet. Give it a try. Follow some of the links and you never know what you might achieve.

All the best until next time

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