|
|
During the last years the web changed from a little used network of data into an essential tool that everyone uses. Independent of the way you use the web, be it for emails, tweets, facebook, or whatever other sites, you are probably in contact with the web every day.
This change has provided a great opportunity for people interested in money generation. The reason is that you have at your disposal a channel for promoting your products and increasing awareness of what you’re doing, no matter what it is.
Using the Internet as your platform, you can easily create a new business and spread the word about what you’re doing. It is a process that is so much simpler than it was 10 years ago, because you can do everything from the comfort of your house. You don’t even need to have an office these days, specially if your business is 100% on the web.
Most people, however, have little interest in using the web to generate wealth. Many of them are happy just to spend the day reading news, or mindless gossip blogs, where they are not learning anything useful. Many of these people, however, will later complain that they have no opportunity to generate more money in their lives.
If you want to use to web to make money, there are so many ways. The most traditional one is to start your own web site, choose a niche for your content, and start to generate interesting pages that others will enjoy to visit. You can make big profits by creating something that you and other people like. A website like this one can become a really powerful money generation tool.
However, this is not everything! These days, people spend a lot of time on social networks, such as twitter and Facebook. You can use them for your profit tool. Just make sure that you spread the news about products that you are promoting. It doesn’t need to be in a way that will become a nuisance to your friends, but you can always talk about something that makes your life easier, and add an affiliate link for example.
A lot of people, even famous ones, make money like this. You can too, maybe just a little initially, but in the end you will get traction.
The most important use of the web, however, is to bring your business into attention. You can certainly use email, Facebook, and all these wonderful tools to promote the things that you consider important.
Did you create a new web page? Let your friends know. Have you written a new ebook? Why not let everyone following your tweets have a free chapter? All of these are simple actions that use the web as a secret cash machine. They amplify your communication power, and therefore put leverage in your hands.
Now, the next time you use the web, think about this. You can either read aimlessly through the sea of stupidity that you can find in the Internet these days, or you can use it to further your financial goals. At every level, you can use the Internet to promote the things you do and to increase awareness of your business or brand. Why not take this opportunity and use the Internet to print money for you? I think this is the smart thing to do.
When we want to develop a certain skill, be it in the arts or science, we start a particular training program to improve our abilities. For example, a young basketball player you spend several hours per day trying to improving his basic skills. In the same way, a stock trader will try to improve his trading abilities doing a large number of small trades, until he “gets” the basics of the activity.
However, when it comes to making money and wealth generation, we don’t treat this as a learned skill. People think that you are born an entrepreneur or not, when in fact nothing can be further from the truth.
How to Learn to Make Money
Learning to create businesses can be taught, as long as a person is willing to do the required work. It may take time to figure out how to do product creation and marketing, for example, but once you learn how this works you can apply the skill anywhere.
The sad thing is that people stop doing things without even trying it first. It is like saying you don’t like chocolate without having even tried it. It is incredible! But people do this everyday with their money generating abilities. They say to themselves: this is something that I cannot do, I would never like to have a company with several employees… And this will create barriers that are artificial.
While there is no guarantee that you will became millionaire from doing one business, it is important to understand that generating your own money has several advantages.
First of all, you are not an indentured slave in a job. What happens if your company is not there tomorrow, or next year? What kind of security you have if you cannot decide the next step in your career? You boss is the person making the decisions for you, is most cases.
When you decide to make money for yourself, on the other hand, you learn not only a particular skill, but also how to take charge of your destiny. You can create any business you want, based on your own desires, not something that others have imposed to you. Moreover, once you create your own business, you have the control over the money it generates.
For example, can you increase your bonus for the next year? Most probably not, because your boss is taking the decisions, which may be unfair depending on how much time you are spending. However, if you learn money generation skills you will be able to give your own salary increases, by just selling more products in the market.
Practicing Your Skils
To increase your wealth generation skills, you need only to practice them. Start with a small business. Internet business are the perfect stage for this phase, because you can start one with little risk, and then grow the business as you work more towards building it.
Then, another step is to work on your business full time — or, better yet, the time you would like to work. In this phase, you will be able to make a full time living from your online business. Then, you can progress to start other companies and businesses, if you so desire.
At the end of this process, you will start to achieve freedom, thanks to your own effort and money generating skills. You will have learned something really useful this time!
In the quest to generate wealth fast, people will do a lot of things that seem to help on their quest. Ultimately, though, many of the traditional tactics used to generate more money don’t work as expected.
One of these techniques is trying to work even harder for money. If you ask poor people what they need to do to make more money, they will immediately tell you that they need to work more. This is a traditional view that comes from the work ethic so present in this country.
However, working harder ultimately doesn’t make sense if you want to become very rich. The reason is that the quantity of work doesn’t equate with the amount of money you make. In fact, sometimes just the opposite happens.
The Problem with Working too Hard
When you work too hard, you get out of your good mood and start to act mechanically. It is a process where instead of creating new opportunities you are working daily under the same assumptions. As a result, your work gets worse, quality deteriorates, and you may end up making less money as a result.
The other problem is that most people work under a fixed salary. However, there is only so much time in the day to use in a job. After you used all your available time, there is no way to increase your salary further.
To become wealthy, you need to increase your income by orders of magnitude. You cannot do this by just working harder. To get such increases you need to control a wealth generating asset.
Examples of such assets are companies, real estate, and web sites. If you create one of these, you can control the money generation for these assets in a way that can increase dramatically your wealth.
Controlling the Source of Wealth
For example, by starting a web site you can control how much content will be there, and what services will be provided. You can advertise the web site so that you can get more users. You can also hire people to improve the web site and get even more users. Finally, you can determine how to add advertisement of payed areas to the web site, which generates cash.
In the example above, you control all aspects of the money generating asset. The web site can be improved until you get potentially millions of users and, consequently, millions of dollars.
The same is valid for any other business, as long as you are able to control it and improved as much as you can. Compared to working harder, this is instead working smarter.
The nice thing about having a money generating asset is that, after it is created, you can just put somebody else to work and still control the money. Alternatively, you can sell the asset to an investor, and make even more money. For example, if you create a web site as in the example above, you could sell it for millions of dollars — and use the money without having to do any additional work.
If you listen to the media and the financial gurus that have space on national TV, you will hear the solution that is given to all financial problems one might have: save more money, and you will have a million dollars or more after 50 years.
In their fantasy land, financial advisors tell you that saving a laté every single day will propel you into millionaire status as you get older.
A lot of people think that this is a difficult advice, that it is pretty hard to save this money everyday, while at the same time denying ourselves small pleasures. Well, it seems hard, but the only reason they give this advice is that this is the easy way of making a fortune, and also, more importantly, because it is all a fantasy.
World of La-la Land
It is a fantasy because you don’t become a millionaire by saving a few cents per day. Although I recognize that money adds up, and you want to use this to your favor, it is hardly enough to save little money. To get rich, you really need to make lots of money, and then save it as you go.
The reason this is the easy path is that it requires no knowledge, no special effort. Just deny yourself something for a long time, and you will be an automatic millionaire (in fact, this is the name of a famous book in this area).
What these people fail to tell you is that you cannot get millionaire like this for several reasons:
It takes so long to become millionaire this way (40 to 50 years), that a million dollars will not even be a lot of money. By that time, $1 million will have the purchase power of less than $500K – and this is the optimistic view. It will probably be more like $100K, which you can easily spend in one year.
In fact, people started already to say that $5 million is the new $1 million, since a million cannot be used to maintain a good life standard by itself.
The other reason is that you don’t save money every month like this for your whole life. There is always something that may happen: an accident, a lost job, a big loss in the market. All of these can reduce your capital and make it even harder to achieve your millionaire dream.
What Really Works
What really works is what every rich person knows: create assets that generate a lot of money. The asset is usually a business, but can also be real estate, books, or other types of money generating assets.
If you are not creating one of these assets through your work, it becomes really hard to become rich. In other words, the solution is not to save in the first place, but to generate wealth, and then save it to make it last. This is the plan that made the fortunes of almost all rich people out there — with the exception of lottery winners. If you expect to become rich from a job, you desperately need to do something else, unless you’re able to become CEO of a major corporation.
Everyone thinks that making money is a really hard process. The main reason they think this, however, is that the only way they have is the hard one: a job.
For example, if you tell me that you make $100K per year, then this probably means that you think you can make $50 per hour. But what if I told you that you can make $1000 per hour?
You would probably look at me in disbelief, because you know that $50 is the norm! Well, this is the problem with jobs, they train you to think that you can only make a specified amount of money…
The reality is that there are thousands of ways to making money. Each business is a different way of making a profit, and there is nothing preventing you from doing the same. The only thing you need is to decide to take the opportunity and make it happen.
Using the Internet for Wealth Generation
Take the example of the Web. Creating an online business is the simplest way to reach a large number of people. You can use methods such as online marketing to find customers and shape the product that they want. All this can be done very quickly.
If you listen to traditional web marketing people, they will tell you only the most common methods of generating money on the web, such as eBooks, web sites. Nothing against these methods, but they are not the only ways.
Nowadays, one can create whole new businesses, delivering software, music, even traditional goods, using the web. It is a whole new way of creating businesses and generating wealth that anyone can have access to.
Finding Clients Anywhere
The only requirement to participate on this wealth creation system is to be creative and to use the Internet to find clients, wherever they might be located. Once you find clients and keep contact with them, using email, Facebook, or other means, you can launch products that make $1K, or even $100K per hour.
More frequently than not, if you use the web to advertise your product, clients will be waiting for your release, instead of the other way around. Therefore, you see that the prospect of making a lot of money in one hour is not something hard to achieve, but a concrete possibility.
|
|
