If you are truly serious about making money, you need to have a plan to reach the level of income that you want to achieve. This is a lesson that many people miss, even in other areas of life. However, it’s especially important to have a goal and a plan if you want to make money online. It’s easy to generically say that you want to make money blogging or go into affiliate advertising. It’s another thing to actually get into the business and become successful.
It’s important to set clearly defined short term and long term goals to keep things in perspective. Set yourself a big picture goal. What do you want to achieve in a year? five years? Your goal can be a certain amount of earnings, or how much traffic you are seeing on a daily basis.
Don’t be afraid to set your sights high on your long term goal. Some of you may be afraid that you may feel overwhelmed by setting a high long term goal. However, remind yourself that this is a big picture goal. Once you set it, put it aside. Your next step is to set some short term goals.
Your short term goals would be what you do on a day to day, or week to week basis to do that. When you set realistic short term goals for yourself, the long term goal becomes more achievable. Your short term goal can be as simple as posting 5 comments a day on a blog in your niche. Or earning $20 in a month. Make sure that your short term goals are progressing you to your final goal. But at the same time, make sure they are achievable. You will find that if you set simple goals on a day to day basis, you will over achieve. Then over time you can set the bar higher.
Taking the simple stepetting a goal will help you keep your focus on where you want to go with your online business. So, as you start on this path of making money online, take the time to sit down and plan out some of your short term and long term goals.
Then do some research on how to achieve your plan. There are a number of great resources on this site and others to help you out.
“Both authors are successful and profitable probloggers and here they reveal at last some of their secrets.” (The Bookseller, Friday 14th March 2008)
A complete how-to from two of the world’s top bloggers Thousands of aspiring bloggers launch new blogs every day, hoping to boost their income. Without solid advice from experts, most will fail. This bestselling guide, now fully revised with new and updated tips and tricks from two of the world’s most successful bloggers, provides the step-by-step information bloggers need to turn their hobby into an income source or a fulltime career. Earning a solid income from blogging is possible, but tricky; this book details proven techniques and gives aspiring bloggers the tools to succeed Even novices will learn to choose a blog topic, analyze the market, set up a blog, promote it, and earn revenue (more)
You’ve all heard the phrase “knowledge is power.” In the online world, this translate to knowledge is money. I discussed earlier about how to find your niche, but that is only half the battle. The next step to making money online is to educate yourself on your chosen niche. When you educate yourself, you build your credibility.
In any field, education is the key to your success. One would not trust their lawsuit or life saving surgery to a fly by night lawyer or doctor. The same is true when you ask your audience to trust you with their hard earned money when you recommend a product or advertise a service. I’m not saying you need a PhD before you can blog about a subject, but you want to start the process of educating yourself. As long as you have a genuine interest your niche and make the effort to learn about the subject, you can start blogging as you go. If your interest in the subject is genuine, your audience will pick up on it and follow along.
What are some of the steps that you want to take when you are learning about your niche?
The internet is a wealth of free information. You can start with a simple google search on your subject and read up on some articles and other blogs on the topic. However, you need to be careful to do your fact checking. You often don’t know the source of the information you find on the internet, so it’s often a good idea to check a fact with several sources.
The library is an often neglected resource. I’m a strong advocate of supporting your local library. You can check out books on virtually any subject. It’s the one place where the masses have equal access to the same resources. It’s like Matt Damon said in Good Will Hunting, there’s no need to spend money on “an education you coulda got for $1.50 in late fees at the public library.”
E-books is the next best place to look if you can’t find it at the library. You can download free Ebooks on any subject here.
The Amazon bookstore is another good resource to check after you’ve gone through all the free sources above. Sometimes you may want to buy a book so you can mark up your copy and keep it nearby as a reference. There’s more than a few books that I’ve found to my liking enough that I wanted to keep my own copy on the shelf.
Finally, when you start to get a handle on your subject matter enough to ask in depth questions, you may want to look up some experts in your field and start talking to them. Asking questions is always a good way to round out your knowledge of a subject.
These are a few good research methods to help you begin an education on any topic. While this post may seem more about education and learning than about making money online. The two go hand in hand. You may be able to earn some money here and there by picking a niche and winging it through on your blog. You might even find some pay per post programs that pay out 20-30 dollars a post, but you limit your potential earnings. If you want to fully tap your money making potential, then educating yourself on your niche is the best course of action.
Remember, you are asking others to trust you with their money. In order to do that, you need to make sure that you are giving them good advice.