• Section: Money Guide - Category: Online Business
• Written by Timothy Patin

One question that really bugs a lot of genuine online business seekers is whether its possible to earn a decent income on the internet?

You see, I am used to an 8 to 5 job and many times worked beyond my usual hours. I believe I am not alone in this predicament- if i can call it this way. For most, it has become a norm and accepted 'fate' to live life in a 'no choice' scenerio.

Recently, I figured out a way to break out of this mould - using the Internet!

Read on to journey with me........

The internet means different things to different people. For most, its simply a form of entertainment. To some, for research. While to a certain groups (and the number is growing by the day), its simply a medium of starting their own business! A means to live out their dreams.

The problem, for most who wants to start their own business on the internet is that there are simply too much information overload to be digested in order to start it

right.

I have had the opportunity now which i know will cut short many of your endless searches for making money on the internet. BUT, before i do so, let me give you few models for you to choose. Afterwhich, i will let you know which model i think is the easiest and the reason why.

Basically, there are 7 basic models i like to share with you.......of course, there are new ones added to the basic list rapidly nowadays

1) Affliate Marketing (Where you sell people's good and thus leverage on their creations. No inventory, No hassles, No extra time spent on handling refunds)

2) Ebay (Selling goods via wholesales or dropship arrangements. Dropship allows you no inventory but lesser profit margins. Whereas wholesale offer higher margin but with the burden of carrying inventory)

3) Public labels (take an existing product and put your name on it) and resale right (sell the product as if it were your own)

4) Creating and selling products on public domain (Create an ebook without writing a thing. Then sell via ebay or your own online store. )

5) Sell knowledge via paid e-classes or teleseminar (Put what you know into an ebook and charge on per download/sale or host teleseminars to conduct classes)

6) Turn knowledge to Video (Video are in high demand now and what if you could sell your "how to play guitar" video product online?)

7) Freelance (Doing copywriting, web designing, typing, etc, and offering your services online e.g www.elance.com)

Whichever models you choose, they had been proven to work by many people already.

However, some models are easier & more advantageous than others.

But if you are a beginner, I would recommend "Affliate marketing" for a start.

It is basically promoting someone elses product and earning as high as 70 percent for some products.

The best product would be in digital form like e-books,software,music, etc, as you do not have to worry about inventory, shipping or refunds. The BEST part is that delivery of the product is completely hand-off on your part and you only need to focus on promoting your affliate links (creatively of course! )

For every product people purchased, you will be able to see it on the merchant's web report and cheques should be coming in your house mailbox regularly! Once you got the hang of one product, you can use the same tactics for more products to create a multiple stream of online income. Its easy once you start seeing your first cheque. The rest are simply repeatable processes!

Now, to be fair to newbies, i have to warn you that a lot of times, just because you do not see the physical products, you may feel that you are not running a real business. You WILL have to change your mindset on this wrong thinking! Your customers buying online through your affliate links are REAL people looking for a product that they like. The only difference with setting up a stall selling a plate of noodles and an online business is a matter of the medium. But the end results from your efforts are the same- PROFITS!

I had my fair share of such a pitfall and it would be worth sharing this wi

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