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3 Myths About Making Money Online

People have the notion that having some form of online business will make them rich overnight. However, as a mentor once told me, there’s no such thing as a get- rich-quick scheme and that those who promise such are probably just scams. According to that mentor, the only way to get rich is to work hard for it.

That said, people can surely make a fortune from conducting business online, but it would take a lot of time and effort, too. For one, you would need time and effort to increase your site’s page rank. It would take time and effort for you to increase your site’s position on the Search Engine Results Page. In addition, it would take time and effort for you to increase the traffic on your website.

I can just set up my website, leave it alone, and still earn

Sure, this may be true. You may still earn from your website even if you leave it alone, but if you want your online business to be your main source of income, you have to constantly work on it by regularly adding new content and continuously creating back links to your site. In addition, you must do this for a considerable number of websites if you also want to earn a considerable amount of income.

Online businesses are infallible

Some people think that having an online business means a guaranteed source of income. However, although it’s considerably cheap to maintain a website and it’s unlikely to get deleted from cyberspace unless you intentionally delete it, online businesses are by no means spared from the possibility of failure.

Just like any traditional business, online businesses also come with risks, and if you’re not vigilant, your online business can instantly lose its potential. For example, just a single change in Google’s algorithm can drastically decrease your website’s traffic; and hence, your income.

The moral

Treat your online business just like you would a traditional business, that is, something that you need to nurture and develop over time. Keep abreast of the latest in web technologies and the latest news about SEO and search engines in order to be prepared for any changes that might shake the online business world.

Author Bio:- Reina Marie Gonzales is a professional technical writer who currently works full time as a freelance writer. Click < academic writing jobs online to find out more about freelance writing jobs

{ 3 comments… add one }
  • Hassaan Khan

    October 24, 2012, 3:21 am

    Its true, people think that its just some magic or it can be a part time work. I find people asking that ‘how much anyone can earn from website/blog’. I suggest them the answer that if you think this way ‘Don’t Expect even a single penny’. Work tirelessly hard and then think about earning. Blogging’s essence is to give full dedication to your blog. I always say, when a blogger ends himself in a year with the struggle, then a blog starts paying back.

    Good Post!

    Reply
  • Rabia Akram

    October 24, 2012, 11:14 am

    Thanks for recommending some useful tips for making online money and clearing some false myths.You do not have to be somebody to make money online,an ordinary employee and a boss can have a same status when it comes to business.

    Reply
  • Ajay

    October 24, 2012, 4:11 pm

    Thanx for the information buddy

    Reply

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