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This is what every one is looking for, right? The real hidden secrets of online money making industry. I will keep things very simple and straight to the point. If you can get the following simple things right, Nobody in this world can stop you from making money. If somebody tries , you can laugh all the way to the bank.

1. Do not go on forums and say “I am a newbie”.
It is just like announcing that you are a loser. There is nothing wrong with starting something new. But You do not have to announce that you are a newbie. Every time you repeat this phrase it will be printed in your mind. If you want to become a pro, Start acting like a one.

I started this blog 3 months ago and I knew nothing about blogging back then. I read lot of forums and spent lot of time on great web sites like “problogger”, “copyblogger”. Once I was equipped with this knowledge I knew what I was talking about. So I did not have to play stupid on well known web master forums.

To tell you the truth, All the questions a new internet marketer asks, have already being answered some where. If you spend some time on Google, I am sure you will find all the answers to your questions. Spend time on digital point, warrior forum and learn things.

They all will help you become a pro internet money marketer.

2. Do mistakes as much as possible. If you have never failed, You will never succeed.
Failing does not make you a loser. It will give you enough motivation to rise from the dust. Many billionaires in this world today have made huge mistakes in their lives. The important thing is, learning from the mistakes.

My first ever online transaction was depositing good part of my school savings in a HYIP. I lost everything. I was 17 back then. I did not know anything and I was jumping from one Hyip to another. Then to network marketing schemes and cyclers. Once I got my hands on a copy of “rich jerk” it virtually changed my life.

But My first 2 websites was a flop. One was for adsense and the other one was for promoting virus guards as an affiliate. I thought once I put up those sites, people are going to come and click my ads, purchase those brilliant anti virus protections through my links. What more could a 17 year old guy from Sri Lanka can expect? Oh Boy, didn’t I came a long way from that point.

All thanks to learning from mistakes.

3. Be in a market which spends money and have a problem to be solved.
If your market users are not willing to spend a dime, there is no point wasting your time on that niche. For example lot of people have tried to sell myspace layouts. Why would they wanna buy something like that when it is freely available.

And make sure your target market is old enough to own a credit card. The system here is very different from a offline market. 80% of the sales are due to impulse thinking. Do not expect your visitors to bookmark your page and purchase your product on a later date. the Chances of that happening is very slim.

Internet is full of people who are looking to get answers to their problems.
How can I make some more money?
How can I reduce my weight?
How can I cure my acne problem?

If your market has a problem like this, and If you can come up with a solution with a good value, You are a winner. Remember , You do not always have to create products to solve problems. Or you do not always have to own the product. That is the wonder of affiliate marketing.

4. Do not give up too early. At least give it 4 months.

You cannot be a instant success. It does not happen that way. You will not make much money in the first few months unless you have a handsome advertising budget.

Most search engines will not even know that you exist. Do not give up at this stage. Even if you are not making any money.

Gradually improve your site and the overall strategy of hooking your visitors with your product. Read , Read and READ. Search , Search and SEARCH. If thousands of other people could do this, Why not you?

And also, it is important to know when to quit. If you are in the same stage after 6 months, Give UP. There is no point holding on to something if there is no improvement. If it does not show good results or potential after 6-7 months, consider that project as a flop. Move on with your life. Do something better next time.

5. Be prepared to spend some money.
What you get for Free is Free. Got what I mean? If you spend $250 for a project , You will double it in no time. ( Given that you know your basics.) But if you are only spending $25, then it is plain gambling. Nothing else.

If you are completely broke, at least spend enough money to buy reliable hosting and a private domain name.

6. Know inside out of the service / products you offer.
This is not the case if you are hiring copy writers and Support Personnels. If not, you should have a thorough understanding about the product you are promoting. Otherwise you will not be able to write the perfect sales pitch nor give reliable feedback to support tickets. If you fail in above 2 departments , there is no way that you can succeed as a online money maker.

7. Set short term targets and set deadlines.
When you first start, if your goal is to become a millionaire in 2 years, that will not happen. 2 years will fly by but you will go no where. If your target is to earn $100 in the first month and $200 in the second, that is more realistic and achievable.

If you set a goal for 2 years , you will forget it in 4 months. That’s the human nature. So if you really want to become successful, set short term goals and always set deadlines.

Deadlines are very important. Deadlines will drive you towards your targets. Otherwise you will leave everything for tomorrow. And that tomorrow will never come.

8. Have a passion for what you are doing.
This is really straight forward and I do not think it needs any more explanation. When there is no passion or desire, it is really difficult to get motivated and start accomplishing your plan. You can forget this when you a pro money maker and have more than dozen successful projects going on.

There will be a stage where everything you touches turn in to gold. Just like the time I am going through right now. And I am loving it. When you are in this stage , you can hire people and get the work done even if you do not have the passion for it. You don’t have to let a good money making opportunity pass by just because you don’t have the passion for it.

But until you reach that level, be involved with something you really , really like.

9. Do one project at a time.
This is a one big mistake most of the new comers are doing. They try to build a blog, adsense site, afiiliate promoting site, game arcade and a forum all at the same time. I was guilty of doing this when I first started out. I learned my lesson. This is not simply possible. Wait until one project is successfully off the ground.

10. Delegate your work.
You do not have to do the entire project by yourself. Leave the technical work to others. You do not have to master php, mysql, html and SEO. There are enough skillful labor that you can hire for few bucks. There is no harm knowing the basics in all those areas. But your time is more important. Your mission is to make money. So let others take care of coding work and you strategies your money making plan. That is far more effective.

11. Start doing it now.

You know, there is a very large gap between planning and implementing. You might be equipped with all the knowledge in the world. But if you are not using it what is the point of having it?

I know people who are day dreaming with their “income plans”. If I make $10 a day with this and if I can launch 10 projects like this I will be making $100 a day. That is $3000 a month. Wow ! I will be filthy rich soon. But when are you going to make this happen?

It is very easy to say something or plan something. It is much easier day dreaming everything. But those calculations will be just numbers if you do not start working on your project today. You might have a great idea. But no one will know you unless you execute it.

Kevin rose could have been just Kevin Rose if he did not create ” Digg”.
Mark Zuckerberg could have been just another Harvard graduate if he did not create “facebook”.
If Darren Rowse kept all his ideas to him self, there will not be a “problogger”.

They all are multimillionaires now because they started acting on their dreams. You will be no body and die with all your great plans if you do not start executing them today.

These are my little secrets of online money making. I am sorry If you expected some dark magic, It would have been nice if I could give you some, but the reality is you do not need any majic in order to make money.

Everything related to this industry has already been discovered and revealed. If there is something new, they all will be updated in web master forums sooner or later.

If you can use your basic money making knowledge with my 11 guidelines, No one can stop you from making money.

If you are completely new to this industry, I suggest you to spend some time on warrior forum and digital point forum. Look for new money making ideas. If you are too lazy to go through the threads, get your self a copy of a great money making guide. There are plenty available in the market. Do your research and you will be able to find one. If you need some recommendations, contact me here. If you already have the knowledge let’s start using it. You got to be in water in order to learn swimming. If you find any obstacles ? I am always here to help you.

If you appreciate the effort I have put in to writing this, please do stumble, Digg and reddit. Stay tuned to my next post, ” How to get in to alexa top 100k in 3 months? ” Subscribe here to get all our latest updates for free. Thank you for reading and wishing you all the best.

Do not forget to read,
Murder your competition with killer “sales techniques”
How to cheat your visitors to sell more ?

Many people love to run a business but simply give up the idea due to capital formation problems. But there are few ways to get around this problem. Ever heard of Drop shipping? If not, it is high time you start learning it.

I found about drop shipping when I ordered a wristwatch from ebay. The seller was from USA but my parcel arrived from Hong Kong. I was curious enough to do a little research on this and I found out that most of the ebay power sellers are actually drop shippers. And they are cashing in millions thanks to this concept. Good thing is, there is no rocket science here. An average guy like you and me can very easily get in to the system and raking it in.

What’s the story here ?

If done correctly wholesale drop shipping can be a very luxurious business opportunity. What happens here is, when some one orders something from you; you contact the whole seller and give the order to him. The customer pays money to you and your seller directly ship goods to your customer. You pay the wholesale price to your seller. The difference in these prices is your profit.

This way, you do not need to have any physical stock with you. Remember, you can do this both off line and online. But if you are planning to do this off line you need to purchase samples in order to show to your potential customers. Drop shipping solves one of our biggest problem of finding capital.

Beware of scams.

Although this business sounds very luxurious, this is possible only if you have a good whole seller who is willing to do drop shipping for you. If you are planning to do this online you must make sure that your seller is not a con artist. To tell you the truth 90% of the online whole sellers do not have any stock with them. So you must select your sellers carefully.

Many people are selling drop shippers lists these days. Do not buy them. If I have a good whole seller I can make more than enough money from him not to sell out his details. I would rather keep his details to my self. These lists gives names of companies which drop ships and many of them could be the same company in different names or just an individual with a phone without any actual product with them.

If you find your seller online, it is always better to visit him. Or have someone check on them. There are lot of firms which does back ground checks on other companies for a small fee. I know this can be costly. But by doing this, you can start your marketing activities without any doubts.

If your seller scams you, eventually you will become a scammer from your customer’s perspective. And that is not pretty. That is why I insist you to chose your sellers carefully. ( Do not worry, There are plenty of good whole sellers. Otherwise there won’t be an ebay.)

How to find a whole seller for you to drop ship?

You can find many good whole sellers who are not new to drop shipping at alibaba and at worldwidebrands. Read this article to figure out how to not get scammed by whole sellers.

One of the best ways to find out whole sellers is to do a search off line. If you can approach them and present your idea, there is a high chance that they will agree to do the dirty work for you. After all, it brings more sales to them.

However it may not be easy as finding a whole seller online, but it has more benefits and it is much more secure.

What you should sell in order to cash in ?

If you are planning to make a fortune from drop shipping keep this simple factor in your mind. Sell high end niche products with a profit margin that leaves you plenty of room to advertise! This way you do not have to worry about advertising cost. ( PPC is the best. ) If you are selling a product for $15 and it costs you $5 to get a customer, there is not much in it.

But if you are selling something for $400 and your profit margin is $100 then there is plenty of room for you to advertise. Even if you spend $25 to get that new customer, so what, you’ve still made $70.00!

Go high end niche and cash in. After all, you’re drop shipping and there is no need to carry any inventory, so go for the gold! Plasma TV’s , LCD’s, snowboards, high end phones are few examples that comes to my mind.

Let’s make some money.

Now you have a very clear understanding about how drop shipping works. Now the matter is getting customers for you to sell your products. You can proceed with the traditional way of making a web site and driving traffic through PPC. It will work; there is no doubt about it. But there are much easier ways of doing this.

You can practice this method on world’s largest online market place, “ebay”. As I said earlier, most of the ebay power sellers are actually drop shippers.

I have run few successful campaigns with ebay and drop shipped N95’s when the market was big for Nokia N95. This was back in June- September last year. I had a supplier in Singapore who supplied N 95’s @ $580 for me. Back then the retail price on ebay was $ 700-$850.

The above image you see is a picture I used in my ebay listings. I had few phones with me as samples because most buyers need some photo proof before placing an order.

I had a nice run till they introduced the N95 8GB. My supplier could not extend his deal with Nokia and our relationship ended unfortunately.

And the other great place to sell your products is “alibaba.com”. I love their market place. When you post a sales lead it is almost guaranteed that you will have at least few inquires within the few hours. And you can always reply to buyer leads and find new customers. They have a great system and the house where I am living at the moment was bought from the money I earned from alibaba.

Ebay gives you one sale at a time. Alibaba gives you $10,000 worth sales at a time. I was drop shipping Nokia N95’s and E90’s to Australia, Germany, USA, UAE and UK. And 50% of my assets in fixed deposits also come from alibaba sales.

Do your self a favor and join this great market place. It is totally Free to join and to do business. Once you are a member, download the “trade manager”. It is a chatting software like msn messenger but the difference is all your contacts are wholesale buyers and sellers.

Build your profile with correct information and post few sales leads with accurate and complete details. If you do everything right you can expect buyers to contact you within few hours. And remember, you can use the same method to find suppliers for you too.

I have given all the information you need without holding anything back. If I have not revealed anything here, that would be my current supplier’s details for gaming consoles. And I am not going to trade that information for anything.

I hope you would appreciate my effort of writing this post. You can share your thoughts in the comments section and if you like the post please give it a thumbs up. That is the best thing I am expecting from you.

Do not forget to read,
How to not get scammed from alibaba sellers.
This is too much work for you? The easy money is at Forex.