So You Want To Make Money Online

A lot goes into starting a new business. One of the simplest ways to start a business is by having a blog or website. Once finding something you can write about on a daily basis, you will have to do a few things in order to make money online. You will constantly have to reflect on your goals and what you want to accomplish. If you have a desire to be successful online, here are some of the personal qualities that you should posses:

Have the end result in mind.

When ever you start a new business, project, program or event, you want to know exactly what your desired outcome is so that each step you take is efficiently going towards your goals. For example, if your goal for the next month is to increase adsense revenue, you are not going to focus on finding an affiliate product on Clickbank. What you will probably do (or should do) is adsense research. See what other successful people are doing and what you can incorporate on your site, such as including a leaderboard if you don’t have one.

Learn from your mistakes.

One of the most important things about starting in an area you have little experience in is that you learn a lot – both about the business (or blog) and a lot about yourself. No one is perfect; so if you have not met some of your goals, be sure to take the time to reflect on where you went wrong. Ask yourself why were your goals not met, and set new goals that are SMART (Specific, Measurable, Attainable, Realistic, and Timeable).

Take the initiative!

Take baby steps. If you are beginning in the blogsphere, you won’t make money online overnight! Patience will be key, but taking risks will be even more important. Entrepreneurs often have strong beliefs about an opportunity and are willing to accept a high level of personal, professional and financial risk to pursue it.

Going through the process can be as valuable as making it big online. You learn what works and what doesn’t but you should concentrate on starting out small; maybe you have an idea that will get other bloggers to link to you, or maybe you have a contest that would benefit your readers. Those are both examples of the opportunities you can take that show initiative. It may or may not work, but you won’t know unless you try.

Take responsibility.

You may have multiple sites that you are starting or too many consulting projects or not enough details from clients. What ever the situation, you need to take responsibility for what you are doing and concentrate on making the best of what you have. If you have too many web sites that you can’t manage, concentrate on what you can manage. If you have too many consulting projects, odds are your quality will start to be affected. It’s better to be great at one or two projects than poor with eight or nine. Wword of mouth spreads about your reputation. Take responsibility for what you have and the tasks at hand. This will help make you an effective online entrepreneur.

Visualize your success.

Success is more than just money; when it comes to your business success is about what you have created. Think big, and don’t let the small things keep you from reaching to the top.

Recognize those that have helped

Don’t forget to acknowledge the people who have helped you along the way. This can be in the form of links, blogroll, posts or an email. Show them you realize they helped and that it will not be forgotten.

This post was guest blogged by Jane May. She teaches readers how to create and monetize blogs on Daily Web Ideas.


53 thoughts on “So You Want To Make Money Online”

  1. ianternet says:

    great intro – I am trying to learn all I can even from my mistakes, that is why my blog is basically about failing on my way to success, doing all these trials and errors that I run into – which I think is a god niche or specific.

    thanks jon

    1. JaneMay says:

      As long as you keep your eye on the end result, don’t lose track by focusing on every mistake (although your niche), because you might catch yourself thinking one day all you do are mistakes. That’s the last thing you want to happen.

      1. Mason says:

        yea.. looking at where you want to be is very important. it’s like setting goals. something I need to do more of πŸ˜›

    2. Kumiko says:

      Aaaah mistakes….I could easily devote an entire website to them…but I’d need to upgrade my hosting package to fit them all in!

      1. Marc says:

        I’m in the same boat. Though the upside is that theoretically I should be wise now.

    3. Andy Dang says:

      Just keep doing what you love and everything you need will follow. You don’t need to be like john, kumiko, or jane to create a successful site. Everyone is different. If you just be yourself, then you’ve already created the most unique sites.

      Just do what you love and be yourself.

    4. ouchs says:

      Great tip, I am doing the same to learn my mistakes!

    5. You will certainly help alot of people avoid some of the common pit falls. I know I can use all the help I can get. Thanks for that! πŸ˜›

  2. Erik karey says:

    Great article Jane. All those qualities are true, especially taking initiative and responsibility. You have to make time for your projects and sites everyday if you want to succeed.

    1. JaneMay says:

      Exactly. It’s about what you value and want to accomplish then setting steps and accepting the process of getting those steps done as your responsibility.

      1. Jane what are you using to keep track?

        Calendar, email reminders, iphone? Blackberry?

  3. I might respond to this with a follow up over on my blog.

    The other major ingredient it to get your Attitude or mindset right. It’s the belief in and about YOU the confidence etc. Whatever you want to call it.

    If your attitude sucks guess what?????

    So does everything else.

    1. Jamie Harrop says:

      The millionaire mindset vs the employee mindset.

      Grr. You guys keep referencing things that I’m passionate about. πŸ˜†

      I once blogged about the difference between the millionaire mindset and the employee mindset. In a sentence, you don’t ask “How much money will I make this month?” (That’s what an employee with a set wage would do). Rather, you ask “How am I going to make X amount of money this month?”.

      I’m waiting for a blog entry from Jane about expanding your comfort zone. πŸ˜€

      1. JaneMay says:

        You touch on things that remind me of reading Rich Dad Poor Dad. It’s all about perspective and how you approach things.

        1. Jamie Harrop says:

          Ya know, Jane, I haven’t even read Rich Dad Poor Dad. 😳

          A few times a week I’ll hear somebody make a reference to it but I have never got off my rear to purchase it.

          Wait. That’s what the Internet is for. /Jamie heads over to Amazon\

          Thanks for the reminder! πŸ™‚

          1. It’s a good read.

            I did a bit on one of his other first that gets alot of reference too. You can read my bit on it if you choose.

            http://www.stephenwelton.com/24/book-buzz/

          2. Jamie Harrop says:

            Thanks Stephen. πŸ™‚

            I’m reading your blog now, and I may be in touch soon. It’s a habit of mine to make contact with the bloggers whose blogs I read. Making contacts is good fun. πŸ™‚

          3. Agreed. The power of connections….

            Appreciate your involvement on my blog.

            😎

  4. Sofcore says:

    This post is very well done!

    As a newbie myself, I find your entry quite down-to-Earth and a very good introduction to the world of money-making blogs/sites.

    Baby steps, learning from my mistakes and patience are all things to remember.

    Regards,

    1. That SMART acronym is actually made up of very useful guidelines in aiming for any kind of goal.

    2. JaneMay says:

      I’m glad it was down to earth. That’s one thing I try to do, although not always successful.

    3. Mason says:

      same here.. I’m new and this post is one of the very few posts that I can REALLY relate to.

  5. Noorazimah says:

    πŸ™ don’t seem to get to register with agloco. sigh… my potential referrers getting edgy and impatient. i’m new to all these. but i enjoy reading your ramblings while picking up a lot of techy things to learn. thanks

    Noorazimah
    http://agloco-dazzle.blogspot.com/

  6. Tom says:

    John:

    Its true that you have to have the end result in mind but you should also analyze your journey along the way.

    A lot of what I do is stick to a few topics and then use data mining to seek clues in my readership trends. This is relatively easy and anyone can use open source software to do some really cool analysis of their traffic.

    From that I can fine tune my posts to attract a larger audience and give the people what they really want to read, in my chosen topic field.

    Stop by my blog sometime to see how I do it.

  7. JamesT says:

    Great tips Jane. Patience is certainly key. I’ve seen so many people give up on projects due to not seeing immediate results. Stick with it people!

  8. I’ve actually learned that in setting your goals, you have to specify which ones are short-term and long-term. If you know what you want (let’s be optimistic yet realistic at the same time here), you’ll have an idea what things you need to do to attain them.

    1. Jamie Harrop says:

      Exactly. And all those short-term goals should build up to the ultimate long-term goal.

      Generally, I find setting one long term goal and then breaking that down to create many short term goals is the most effective way to set goals and measure performance.

      With goals, you often have to work backwards. From the top (or where you want to be) right down to where you are today, setting milestones and goals at regular intervals between the two.

      Does anybody else ever get the feeling that many people under estimate the power of goals until they have tried them? I tend to find that many people say they don’t help. I used to think the same, until I started setting myself clear goals and working to achieve them. Once you do begin that process, you soon realise they create a clear path.

      Once those goals are set, I’m a big believer in writing those goals down and reading them on a regular basis. I have a crumpled set of small papers in my wallet with almost all my life and business goals written on. I don’t go anywhere without them, and I read them a couple times a week at least.

      Again, it’s all about reminding yourself of what you’re aiming for, rather than falling in to the trap of becoming too comfortable with the daily chore of running a business.

      1. I think you would enjoy taking on the challenge I just put out to all bloggers.

        I would value your involvement and discussion on the topic.

        Steve by the way nice to meet ya.

  9. SEO Blog says:

    Solid post Jane! I’ve bookmarked it as suggested reading on a new project I’m working on. Not only does it offer good advice but it inspires as well. That’s not easy to do.

    1. JaneMay says:

      I look forward to hearing more about your new project.

  10. Great post! Like you mentioned, a blog is a great way to make money online. There is much less to learn with a blog than a complex website; at least for me!

  11. Amanda says:

    Has anyone heard that sponsored reviews are bring down your PAGE RANK?

    someone mentioned that to me?

    1. Jamie Harrop says:

      If you stick to paying for reviews on Web sites relevant to your content, I would be very surprised if that is the case, Amanda.

      PageRank is calculated on the number of links coming in to your site. The PageRank that those sites have which are linking to your site, and how relevant the site that is linking to you site is to your content.

      Unless you’re paying for hundreds of reviews a month, or you’re paying for reviews on sites which are not relevant to your content, I would be very surprised if your PageRank value was reduced.

      If you are paying for hundreds of reviews each month, I guess Google *may* treat it in a similar way to how it treats hundreds or thousands of links from directories. By that I mean you may be penalised by Google.

      Having said that, I’ve never heard of a case of Google doing this due to blog reviews.

      Keep the reviews to a limited number and keep them to sites which are relevant to yours and you should be fine. πŸ™‚

  12. Amanda says:

    no I meant if you’re a publisher?

    1. Jamie Harrop says:

      Ah. Sorry Amanda.

      I’m not entirely sure how posting reviews on your site would reduce your own PageRank. Last I heard, PageRank simply doesn’t work that way.

      Was there any explanation of why this might occur from the person/people who said it may?

  13. Stephen says:

    Thanks for the info man. Will try it on http://www.jesusaffiliate.com

  14. Suzie Cheel says:

    Great post Jane,

    What you have outlined is is great, and emphasis on what I believe is so important, the KISS principle. It is so easy with all the various avenues of making money online to totally lose focus and flounder, wondering what to do next. I know I have experienced this. Since I placed my main focus on my blog , I have actually got excited about blogging and becoming a blogger. It’s also a great way to make new friends around the world. My partner Des Walsh said yesterday when I checked my technorati ranking and this had changed for the better in a day, that I was now a real blogger. Now off to write today’s blog post.

    1. johnny card says:

      To change the subject a bit:

      Here’s the response I received from jane may via email:

      Hi johnny card –

      I just wanted to send you a quick note and thank you for taking the time to
      visit my blog. Since I am trying to cater to all of my readers, I hope you
      found value in your visit.

      I appreciated the comment you left on http://www.janemayblogs.com/what-bloggers-can-learn-from-paris-hilton/
      and I hope you will consider subscribing to my RSS feed (http://feeds.feedburner.com/JaneMayBlogs).
      This way you do not miss out on any blockbuster posts πŸ™‚

      Thanks and hope to see you again shortly!

      Your Friend,

      Jane

      My reply:

      hey jane:

      although u sounded like a machine (robot), thanks for replying, but i would really like to (demand) hear u show some compassion with paris hilton having to go to hard-core solitary confinement. a closed cell for twenty-three (23) hours a day is hard-core!!! Not for the likes of paris Hilton. we all know u r not perfect and if this happened to u, how would u handle it? this was an unfair treatment and she and nobody else deserves this kind of punishment for basically drinking a margarita (in your case, a tecate). again, do u know what solitary confinement is??? if not, try hanging out in your closet for a while and then we’ll talk. i’m sooooo over people thinking they r above paris. guess what? they’re not. and unless u can prove u r a saint, either r u.

      if i don’t hear from u again, it’s kool, i can already see u r not worthy.

      johnny card

  15. Marc says:

    Hey Jane, nice post.

    I especially like the “start with the end in mind”. I’ve embarked on ventures that were explorative with no specific end in mind. They’ve been less successful than those I’ve undertaken with a clearly defined goal.

    It’s so easy to lose steam on an aimless project because you never feel like you’re making any progress.

  16. Good point(s). Seeing the light at the end of a tunnel is definitely something I strive to do. Whether in business or in life, the principle is a great one to follow.

  17. Sugianto says:

    wow…
    This is a really great site…
    just found it when I click ad sense.
    I thought it just another seducing web to make you buy their story…
    I know you making a lot of money too…
    but you also shared so much…
    Thanks…
    Hope a greater success for you. πŸ˜›

  18. Learning from your mistakes is a great way to be successful and visualizing your success relates a lot to the “Law of Attraction”.

  19. SEO Blog says:

    “Don’t forget to acknowledge the people who have helped you along the way”

    I wrote a review about your site a month ago and never got on a batch…are you not following your own tips?

  20. Jane is giving great articles in two blogs! Great work girl!

  21. Mason says:

    Wow this post really speaks to me. I too am a noobie that just recently started. Sometimes reading blogs like johnchow.com can be encouraging and discouraging at the same time. encouraging because it’s awesome reading about someone like john, but discouraging because it will take me awhile to get there myself.

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