There are a lot of people out there who offer ways to make money fast, when in reality, they’re the only ones making any money off of their system, and usually off the poor folks who take them at face value and sign on for their cockamamie schemes.
The Business Model
The business model for any online money making opportunity needs to make sense from a logical standpoint. In short, the question of “who is the customer?” has to have a sound answer. There are a lot of business models where the only people spending any money are the supposed “entrepreneurs” who are just buying into a useless business and trying to sell it off to others as desperate as they are. The business model needs to have a clearly defined customer, or who’s buying it?
Realistic Goals and Expectations
If it was possible to become a millionaire with an hour of work a day, everyone would be a millionaire. A realistic money making goal is more like making a modest living at first, and making more money over time. Big promises go hand in hand with big lies. Nobody can deliver the moon, but everyone promises it. Something like affiliate marketing is more realistic: a blog might only earn the marketer pennies for the first few months, but will ultimately pay off much better if they stick with it. Still, seeing those first few pennies trickle in and prove that the system works can be a great source of encouragement, because once that income has been multiplied, it will result in much greater income over the coming months.
For those who need ways to make money right now, today, there are a few options. There are content creation sites, for instance, where anyone who can write can earn a few bucks and get paid at the end of the week. There are auction sites where old junk from the attic can be sold to collectors. There are cash advance companies that lend money even to people with awful credit. When it comes to making fast money in the short term, it’s important to look for straight trades. Nobody’s making a mint in these situations, they’re just covering their bills and making ends meet, and there’s no shame in that. It can hold people over just fine while they pursue greater earning opportunities.
So now that “what to look for” has been covered, it’s time to look at what really goes on in the mind of an entrepreneur.
The real difference between an entrepreneur and everyone else is that they have a mind for strategy on the field of commerce. Most people might dream of running their own bookstore or running a stationary store. They dream of running a business focused on their own personal hobbies and interests. An entrepreneur is only interested in running a successful business. That’s it. They’re not going to start a bookstore out of a sense of fun and adventure. If an entrepreneur starts a bookstore, it’s because they see a market for it, they see some real earning potential there.
Nobody has to be an entrepreneur just to start their own business, but unless the spirit of the business is one of competition and commerce, then it may be better to keep it low-risk. For instance, a one-man graphic design company has zero overhead, it’s just a way to make one’s freelance services feel a little more “legitimate” and bring in more clients.
However, for anyone who is mainly interested in the art of running a business, who simply wants to make a lot of money and command a piece of their chosen industry, the entrepreneur’s mindset is vital. Try it on for a week: look for money making opportunities that offer a real chance for turning a profit. They might not be the most fun and exciting means of making money online, but there are real opportunities for fast cash out there for those with a nose for profit.