Proven Ways To Make Money On The Internet

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In this article, I’m going to share with you 3 proven ways to make money on the internet and 1 proven way to lose money online.

Sounds interesting? It will be more interesting as you read.

I am going to approach this topic from a totally different angle, as I always do. If you find this article confusing, just keep reading. You will get a clearer picture when I put everything together.

Ok, let’s start with the first proven way……

Proven Way #1 - The easiest way to make money on the internet

Do you want to know what is the easiest way to make money online?

It’s to exchange your time for money.

In other words, you make money by trading your time.

For example, you can sign up as a freelancer at elance.com and provide freelancing job to people who need your service. You can also sign up with surveying firms to get paid doing market surveys, or become a mystery shopper to help companies to do market research. If you are good in graphic design, you can also start your own online design company to provide graphic design services.

Trading your time for money is the most basic way to make money. It is also the easiest way to start making money. That’s why most people start with a ‘job’ when they are newly out from school. I hope you can see that a job is just another way to trade time for money.

There is nothing wrong to trade your time for money. In fact, if you are pressed for cash, providing online services, such as freelance services, is probably the best option to start.

Proven Way #2 - The toughest way to make money on the internet

The second proven way to make money online is to exchange your skills for money.

For example, Adsense and affiliate marketing are proven ways to make money on the internet, but you need the skills of search engine optimization, website building, PPC advertising etc before you can make money from these methods.

It is the toughest way to make money because if you do not have the necessary skills, you will have to learn. Learning new skills is ‘tough’ to most people. If you enjoy learning new skills, I’m happy for you. You will be successful soon.

Proven Way #3 - The smartest way to make money on the internet

The third way and also the smartest way is to exchange your idea for money.

The world may be changing everyday, but certain fundamentals will never change. The economy is always looking for means of doing or producing things better, faster, easier and cheaper.

If you can come out with an online idea that can do or produce something better, faster, easier and/or cheaper, you will have your fortune at your fingertips.

Now that you’ve learnt the 3 proven ways to make money on the internet, how about the one and only proven way to LOSE money online?

The Proven Way To Lose Money Online

The proven way to lose money online is to use money to make money.

If you believe that you can make $X and all you have to do is invest $Y, then you are destined to be the victim of the next online scam.

Without time, skill and/or idea, money is useless. Read again!

Don’t get me wrong. Having money will definitely help you to make more money online faster, but it is only true if you use it to buy time, skill and/or idea.

When you outsource your work to freelancers or professional services, you are buying other people’s time and skills.

When you buy into other business opportunities, you are buying the idea.

Do you see what I mean?

Summing up……

In a nutshell, you can either use time, skill and/or idea to make money online. These are the 3 proven ways to make money on the internet. I personally guarantee that. People who fail to make money online are those who refuse to invest time, refuse to learn the skills and refuse to think.

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    66 Comments »

    Comment by Nathan Onn
    2008-09-26 18:12:32

    Great Content, Kenneth!

    Thanks for sharing.

    Comment by Kevin Njoroge
    2009-03-05 23:15:32

    It’s true Nathan this is a great article.
    Many people think they can use money in the thousands to milk more money from the internet.
    They either get scammed or fail terribly.The same old , effective money making models such as the ones explained in a free report at http://www.internetwealthlab.com still work

     
     
    2008-09-26 18:30:13

    Easiest, Toughest, Smartest way to make money on the internet. That’s a great perspective :)

    Blog Comments:-
    Willy Lim
    The Financially Free Advisor
    InterNETwork Marketing in Asia

     
    Comment by Tom Munson Subscribed to comments via email
    2008-09-26 19:56:47

    It’s a fact, Kenneth, that a lot of people coming online quickly get the notion that as long as they plop down their hard earned cash there is nothing else for them to do which results in failure and the mindset of all internet businesses being scams. This makes it harder for us legit internet marketers to convince people that whatever it is that we are doing is not underhanded.

    The other biggest problem I have found is a lack of commitment to actually go out and start working their business on a consistent basis to make it grow. It’s that “oh well, if this doesn’t work I’ll try something else” attitude.

    Great post Kenneth, looking forward to more.

    Comment by lmurray296
    2008-11-18 10:58:32

    Thanks for the encouragement! I have been sticking to generating FREE traffic and leads to my business on a consistent basis and am overtime compounding my results.

    Build Your Traffic Empire while giving away Free Marketing Tools!
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    Comment by Niranjan Ranade
    2008-09-26 20:49:12

    I love LeadsLeap because it’s simple and to-the-point. No fluff. Kenneth provides a great value by updating the blog regularly with useful content. This post is amazing! It’s now our responsibility as readers to apply what Kenneth teaches us and then grow our LeadsLeap network globally so that maximum people benefit :)

     
    Comment by Jason Lamure Subscribed to comments via email
    2008-09-26 21:03:46

    That might wake a few people up.

    Kenneth, you nailed that one!

    No mincing words and fluff in that article.

    Too many people think making money online
    is reserved for special guru dudes like
    Frank Kern.

    Non gurus have the same chance as anyone else
    but as Kenneth stated, you must be willing to
    learn some new stuff and put in some honest
    effort to reach your goals.

    Thanks for the honest words Bro!

     
    2008-09-26 21:33:07

    Thanks for the tips, you always have some of the best ideas online.

     
    Comment by Jacqueline Subscribed to comments via email
    2008-09-26 21:56:30

    Thanks Kenneth for your great post every time you are adding honest and useful informations to your members.
    Wish every program owner be like you.
    Thanks again.
    Jacqueline

     
    Comment by Jodi Pohto
    2008-09-26 22:51:01

    Always look forward to your posts. Thanks for sharing all the great tips and useful information.

     
    Comment by Lana Robinson
    2008-09-26 23:12:17

    Thank you Kenneth for your great post. It’s refreshing to see someone being as direct as you were in that article. We seem to be living in a ‘Microwave Society’ … ready and rich in 2 minutes or less. I believe that investing in yourself is the only key to success - no matter what you are doing. There are so many great internet network marketing programs out there. Anyone looking to join one of these affiliate, network marketing, or mlm programs needs to be aware of their skill-set and choose who they want to work with wisely. Can’t develop a website? Join a team that does it for you. Can’t write a good ad? Join a team that will do it for you. Don’t know anything about Internet network marketing? Join a team that will teach you how to do it for free. I’m looking forward to your next post!

     
    Comment by Leigh-Ann Lemire
    2008-09-26 23:30:42

    Thank you Kenneth for your post. It clears up some misconceptions that I had. Your advice is direct and to the point. Much Appreciated!

     
    2008-09-27 00:26:30

    Thank you for this post. It’s true, if you want to succeed online you MUST work hard, learn, take action, test until you start making money…

    Francisco

     
    Comment by Paul Penafiel Subscribed to comments via email
    2008-09-27 00:30:40

    What I love about this article is that even though it doesn’t provide detailed information or a step by step instructions how to do the ping and trackback process, the explanations is easy enough to understand.

    There are thousands of people who simply don’t have a clue how to do simple things online because it’s too technical but for programmers and computer savvy people, these stuff is like turning on a toaster for them.

    Great article.

     
    2008-09-27 00:55:45

    I just wanted to say thanks this program is one of the best programs I have joined and your newsletters are top notch.

     
    Comment by Alief Hamdani
    2008-09-27 02:43:57

    Hi Kenneth,

    I am just going to be the one that is going to “rock the boat” so that people would just take it to the next level.

    I’m not 100% sure about the point that “…the smartest way is to exchange your idea for money” because if you were to look at history, there are many successful(wealthy) people who have no “idea” of their own, but pure determination and ability to overcome insurmountable obstacles (or maybe luck) that they borrowed/copied/stole other people’s idea and became successful.

    If I were to name a few:
    - Ray Kroc who “stole” the McDonald brother’s idea of the McDonald Burger Restaurant.

    - Bill Gates who had no operating system software but purchased QDOS from an unknown programmer for a few thousand dollars and made Microsoft what it is today.

    - W. Clement Stone who bought over the rights of Napoleon Hill’s “Think And Grow Rich” that made Stone rich and Hill poor.

    - Thomas Edison who may have “copied” the ideas of a poor Russian immigrant who had not enough money at the time to patent his idea ahead of Edison who made lots of money from the invention of the telephone.

    - Anthony Robbins who made a decision to become more than he can be and read as many books as he can about NLP and learnt it from the one who coined the NLP term: Dr Richard Bandler and “copied” ideas from many sources and then made a unique system of his own which he calls NAC and then became THE Anthony Robbins that we know now.

    My point is that if one does not have an original idea of one’s own but saw an opportunity to combine/improve the original idea(s) of other bright people, and make that idea “packaged” as one’s own, then I think he/she has a winner.

    Even if one does have a unique idea that is sellable, he/she may still be a winner…

    But only in the short run because sometimes an entity that is larger and has more “clout” than “the little guy” may just come along and “steal and/or copy” his/her idea and we are back to point one that is to convert time for money or be an employee/self employed or slave to a job.

    I apologize if I’ve ruffled some people’s feathers but I think that we all should realize that “no person is an island” but with an existence of an idea of a networked group of people, then I think that we can have success that is sustainable.

    If you think that it is one person’s idea and that he/she is successful because of his/her own strength, I think that thinking is wrong because even JK Rowling who wrote the Harry Potter series had help from other people that made her net worth 500million pounds!

    My point is that: Yes it is true that to sell an idea for money is a good way to make money BUT I see that people who uses other people’s ideas are making the most money!

    Just my 2 cents worth.

    Comment by Kenneth Koh
    2008-09-27 08:35:44

    Great point Alief.
    Coming out with innovative ideas is not that tough. (I didn’t say it’s tough, did I? :-) One just have to be smart to either ’see’ and copy an idea or combine different ideas into one.
    I should have linked the above article to this post: How To Come Out With Innovative Ideas That Sell
    Kenneth

     
    Comment by Bill Darton
    2008-10-01 10:25:32

    This idea definitely falls under the ‘Nothing New Under The Sun’ category.

    I don’t know about ‘Ruffling Feathers’ but the post seems to take an unnecessary negative slant. One good point is the idea of - The Larger Entity With More Clout. Most people forget to take this into account. In the world of Internet Marketing where we have ‘instant everything’ it is even more important to keep in mind.

    Maybe I am misunderstanding something but, I am not sure what you mean about the Edison comment. The phone was invented in Canada by Alexander Graham Bell.

     
     
    Comment by Jimmy Williams
    2008-09-27 08:32:02

    This is in essence the very reason that many people fail or never reach their goal. When you fail to plan you aare definitely on the fast course to no where. That is what we are trying to teach at Thanks a ton for reminding us all of that.

     
    Comment by Jill Webb
    2008-09-27 17:29:23

    Thank you Kenneth for your no nonsense advice. Your approach is a real breath of fresh air!

    Looking forward to the next post.

     
    Comment by John
    2008-09-27 18:33:52

    Kenneth you have a way of explaining that is always very clear and easy to understand.

     
    Comment by coolingstar9
    2008-09-28 04:33:43

    It is true that we really need to spend time to learn and think.

     
    Comment by Marja Sandstrom Subscribed to comments via email
    2008-09-28 20:47:03

    Well..how many of us have invested in a program or e-book and thought that it would be the solution of our money problems..
    I wonder how many e-books are collecting cyber dust in our computers…?:)
    They will not help us unless we take time to learn the skills that those so called gurus are using - or pay for the job if we can afford it.
    Thanks Kenneth for making it so clear. I guess I might dig up some almost forgotten e-books myself and start learning..!:)

     
    2008-09-30 23:45:50

    As Always you keep it simple and informative. Thanks

     
    Comment by Daniel Espinosa Subscribed to comments via email
    2008-10-01 02:10:51

    Thank you Kenneth you are right on with those points. Always helpful information, anyone in need of guidance with a system already in place must find out if your program provides just that. Anyone wanting to know what url means, how to determine what a squeeze page is can find the right program for that as well, in essence it is very important to gain more insight right off rather then be left alone. Thank you once again for that information Kenneth..
    Daniel
    wondernes@gmail.com

     
    2008-10-01 03:45:06

    Thanks For all the info.

    If anyone is looking for more ways to get free traffic try: http://websitevisitors.googlepages.com

     
    Comment by Paul Penafiel Subscribed to comments via email
    2008-10-01 05:22:34

    If there’s one thing that Leadsleap.com don’t teach and that is spamming other blogs by posting shameless plugs for their websites.

    It is simply a bad habit, I mean would you do business or sign up under someone that habitually or purposely spam other people’s blog? without writing anything constructive.

    Spamming is never a good idea.

    Comment by Bill Darton
    2008-10-01 09:43:31

    Right on the mark Paul!

    Amazing that these people (many times) don’t even have the decency to put their name on their posts.

     
     
    Comment by Shahrir hj ahmad
    2008-10-01 06:53:18

    Thanks for sharing. Good post.

    Shahrir Hj Ahmad
    http://shahrirhjahmad.blogspot.com

     
    Comment by Alfonso Ruiz
    2008-10-01 06:56:47

    Thanks Kenneth, I think that if any marketer have been giving the truth to the newbies like you are doing, many of those who are frustrated about working online could be transmitted other vision and of course earning money.

    Thanks again,

     
    Comment by Bill Darton
    2008-10-01 09:31:51

    Excellent post!

    What a great way to simplify the idea of making money online. People do need to face the fact that there is no ‘Free Lunch’.

    Your teaching is very similar to the approach I use to explain how to be successful in Network Marketing. Learn - Do - Teach!

    Just signing up for a money making program does not instantly transform you into an Internet Marketer any more than getting accepted to Med School makes you a doctor. It is the ‘Learning’ and ‘Doing’ that leads to accomplishment.

     
    Comment by M. Najeeb Subscribed to comments via email
    2008-10-01 15:32:22

    This article is very useful to those interested in online money making. I found it very useful.

     
    2008-10-01 23:57:10

    I just wanted to say thanks for all the information you provide.

     
    Comment by Kenneth Koh
    2008-10-02 11:43:12

    Kenneth, thank you very much for yr great post. I want to quickly post it at my blog before i forget …

    Especially I like the way you mentioned on Proven Way # 3 : “If you can come out with an online idea that can do or produce something better, faster, easier and/or cheaper, you will have your fortune at your fingertips” - Very true.

    Also, I totally agree with you that people who fail to make money online are those who refuse to invest time, refuse to learn the skills and refuse to think. To add to this “These people fail to make money online also because they give up too easily, and they love to complain and whine when they see nothing works for them. :)

    Many thanks,
    Carol Oon
    http://www.nice-biz.com/blog

     
    Comment by Dhir - fastmoneyproducts
    2008-10-15 13:23:15

    Hi Kenneth,

    Yes…you have pointed out best that how newbies need to know to make money on the Internet. Also you mentioned “The third way and also the smartest way is to exchange your idea for money.” is good, but I want to add this two word in above line that ” with honesty”. Becasue when you offer your idea’s to people honestly they 100% sure that what you have & you make money with them.

    http://www.fastmoneyproducts.com

    .

     
    Comment by Mike
    2008-10-22 07:21:04

    Great post. I have to laugh at some of these newbie who think they can throw up a web site and sit back and wonder why they are not making money on the internet and it is not really their fault, they have been taken in by all the work from home scams and hype about making money on the internet. I was reading a post in a forum the other day and someone asked how they could make $3000 online by christmas, then someone else posted back and told them to get a part time job. People need to understand, just because you are working on the internet, does not mean you can work less.

     
    Comment by Jeff Paul Scam
    2008-10-24 12:04:05

    This blog Is very informative , I am really pleased to post my comment on this blog . It helped me with ocean of knowledge so I really belive you will do much better in the future . Good job web master .

     
    Comment by prasant
    2008-11-01 11:33:15

    Very good and very informative. A must read for newbies who are fatally lost in the internet with endless loops.

    One site/link selling a product with another one selling its usage with another one selling some related software which the newbie buyer never knows how to use and associated in between are tall promises claiming to make huge sums through this or that system !!! Oh God this is incestuous.

    Why not build a community to protect this place ( the internet )from these merciless incests.

    To that extent Kenneth through LeadsLeap is doing society a service. God bless him !

     
    Comment by stryger
    2008-11-09 23:45:39

    Hi Kenneth

    This is a great post and so true. So many people are still “caught” day after day with the next promise of quick riches.

     
    Comment by lmurray296
    2008-11-18 10:28:46

    In introduction, I am a computer technician by trade living in Indianapolis,IN. When spending time on the top-rated traffic exchanges and FREE advertising websites as I do, you will view several websites by lmurray296. Please,look around any of the webpages to find what you need for business. Most if not all of them can be joined at no charge.
    For more information I can be reached via mailto:lmurray296@realreply.com
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    just copy/paste the url below into your browser address bar!

    http://www.leadsleap.com/blog/how-an-internet-newbie-made-331140-in-24-hours/?r=lmurray296

     
    Comment by Widi
    2009-03-09 13:04:11

    Yes, it’s true, after a few months online I’ve realize that It’s not so easy for making money from internet but you should do try from time after time. Don’t give up…!

    Thanks kenneth

     
    2009-07-17 15:45:48

    I found your post informative , helpful and easy to digest.
    You have got my best recommendation on this. Keep this coming!

     
    Comment by Emax Subscribed to comments via email
    2009-08-01 18:11:18

    Your three outline proven ways to make money is great, but there is more to that.

     
    Comment by XinXuan
    2009-08-08 05:08:48

    A very great post,it helps me a lot!

     
    Comment by Bronzilla
    2009-12-03 20:24:51

    You are wright. I never thought about make money online like these ways of yours. Very informative.

     
    2010-01-08 10:24:03

    Freelance work is the way to go for marketers who cant seem to get anywhere. It is also a good way to learn and train yourself to be 1# at that job, once your 1# you can create products from the knowledge you have learned.

     
    Comment by search job
    2010-01-31 15:25:22

    Thanks for your sharing info. All of three proven ways to make money on the internet I think the 3rd way is the best way for me because I If I have an online idea that can do or produce something better, faster, easier and/or cheaper thand others so I could make fortune at my fingertips.

     
    Comment by aimstar4u
    2010-02-05 20:25:40

    Your post is great and very useful. Thanks for your tips about the proven way to make money on internet.

     
    2010-02-19 12:22:26

    You are wright. I never thought about make money online like these ways of yours. Very informative.

     
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