I always get asked, “How can I make money online?” I smile back at the person who asks me this question and the first thing that I tell them is that it is not easy but it is not impossible. When people not familiar with the Internet World think about how Microsoft is a multi-billion dollar company and they hear about the whole Silicon Valley craze, they think that anyone and everyone who is into the Internet business is making money and they want to also jump onto the band wagon. I kid you not; this is not a fun band wagon to be on. It is very bumpy and a lot of people easily fall off.

I do not blame some people who think it is easy. They look at the likes of the young men that started up YouTube and how they have made millions in a short space of time, or the university student who started up Facebook and is now sitting on a potential fortune. The first perception many have is that; all this ’stuff’ is being done by young people so surely it can not be that hard. Well believe me, if it were very easy we would all be millionaires. What differentiates these ‘young guys’ from the rest is that they have come up with a unique idea which no one had thought of before and have been able to develop an application, online, which can carry out their idea. Once millions of people are ‘hooked’ on this application, the money starts to role in.

The ’secret’ to making money online lies in the ability of coming up with a unique concept that will differentiate you from the others. You may not have a totally unique idea but maybe you can build upon what someone else has done and find a way to better what they have done. Making money online is all a ‘numbers’ game. The moment you have millions even thousands of visitors using your application or visiting your website, you are half way done in your battle to being a millionaire. As I always say, “Content = Traffic = Money”. If you can come up with a website or application that has great content or is a great benefit to its users, you will in turn get a lot of ‘traffic’ i.e. many people will use or visit your website or application. Once you have a lot of ‘traffic’ then you can convert that ‘traffic’ to money by various models; The most common model of converting traffic into money is through selling advertising on your website or application. Another option is to sell a subscription for the website or application. For total profit satisfaction, you maybe lucky to find someone who wants to buy the website or application from you for millions of dollars and thus you have made your money.

In conclusion to answer your question; come up with something that will be of value to the people, and you have to make sure people will use it and preferably a lot of people will use it. Once you have that in place then you can make money online.