September 4th, 2006
Earning online is great, but not quite stable way to feel you safe. Diversification is the key that in my opinion should help online entrepreneurs to protect themselves from miscellaneous kinds of online instability.
What is diversification? Let us check.
Diversification is the investment strategy of putting your money into a number of different investments in order to reduce overall Investment Risk. The goal is that losses in one or more investments may be offset by gains in others.
If you run a website as a simple way to diversify your online business (and as a result, to make it more stable) is to start a few more websites. It will take more efforts to maintain a few websites compared to one; you will be unable to devote all your time to one resource, but as a reward you will be less dependent on that sole revenue source. And you can always hire some help.
A few websites to replace one is a simple way to diversify your business and reduce the risks. I think a better way is to employ a few online business models – you still make your living online, but use various business models. Below comes the list of online business models. Click on every model to read an extended description and see samples.
- Manufacturer (Direct)
I recommend you bookmaking the list and referring to it occasionally when you are thinking about starting new online projects or about diversification. It helps you to understand the alternate ways you have to earn on the Internet.
Summary: The purpose of this blog is to show ways (the more the better) an average person have to get part or full time income online. In this post you find listed all business models suitable for online business nicely described and supported with samples.
You are not likely to become next Amazon or eBay (but who knows), but with this knowledge of business models – how these companies make money – you can think of your venture that could get its niche online.
[tags]online business models, freelance jobs, how to get a job, telecommuting, networking, online communities, forums, web forums, traffic, links bait, social bookmarking, web 2.0, domain names, text-link-ads, links buying, myspace, seo, internet marketing, affiliate marketing, blogs, content generation, google, make money online, work from home, home based job, duplicate content, earn your living online[/tags]