I will survive: ‘how-to’ for a little online entrepreneur?
Want to earn your 100% living online? In my opinion the most efficient way (if not the only one) to do it is to diversify – otherwise you can’t compete with big online companies and agencies, you need some small (if not tiny) niches that do not attract ‘big shots’.
All these tiny niches combined should provide you with a nice stream of income. And it is best to run a few small projects in a number of areas:
- online service applications. Best sources for inspiration (as far as I know):
techcrunch.com
readwriteweb.com
springwise.com
mashable.com
- online stores. Get inspired here:
internetretailer.com
ebay.com
amazon.com
- content rich projects. Need ideas?
wikipedia.org
associateprograms.com
Yahoo! Answers
- PPC arbitrage and cost-per-action affiliate marketing are a nice addition to the mix
- also provide some webmaster services locally or globally: design, coding, SEO
Summary: Do you think it is next to impossible to cover all this for a single person? I am sure it is if we talk about full time job, and those who have spent in online business a few years are likely to share this opinion.
On the one hand, it seems that they are completely different, but in fat they all function according to the same rules – marketing techniques you need to promote your online store are similar to those that you will apply for your content project, etc. They are all interrelated and help each other.
In return you get a feeling of safety due to diversification, broader vision that helps you to make your projects better and more attractive, bigger income streams. I think it is worth it.
[tags]earning online, ppc, cpa, arbi, arbitrage, seo, internet marketing, affiliate marketing, make money online, earn your living online[/tags]