Tuesday, July 7, 2009

Sir, Teach Me How To Make Money

By David Lim

I am currently running a website about home based businesses that I started a few years ago. It is a simple guide to home based businesses. It is basically an informational site and the main revenue is from ads and not from product sales.

Occasionally, I will get an email from someone that wants to know how to make money on the web. Normally, it will have only a single sentence that will go something like this:

"Sir, teach me how to make money."

At first, I would send him a proper reply. I would tell him that making money on the web is not something that you can do just like that, and that hard work and skills are needed. I would enquire about his background and skill sets.

That will be the last I would ever hear from them. After a while, I got the feeling that the sender was looking for something that he could register to, pay the membership fee, do a few simple tasks, and make real good money.

I did remember a nice email from somebody who said he liked my site very much. He said that he liked it so much that he wanted to join my site. I told him that my site only provides and that I do not promote any business opportunities that he could register in.

I studied electronics engineering at a local college for 3 years. I did electronics design for a further 10 years. It is only after this period of time that the industry considered me good and experienced enough to be earning a few thousand dollars a month.

On the Internet, many business opportunities are marketed with claims that a few hundred to a few thousand is attainable in the first month. And the potential income claimed will skyrocket after that. And they will claim that any Tom, Dick and Harry can do it, with no experience and an hour or two a day.

What can I say except, "Use your head."

I mean, if somebody were to offer you a lot of money to do something anybody can do, would you do it? Say you were offered $100 to deliver a parcel to a nearby address. Would you do it?

You will run away like you have never run before right?

You know that he is not going to practically give you $100 and that there is definitely a catch involved. He is probably hoping that you will stick around to find out and he will convince you into doing it.

The Internet might seem somewhat magical since you can't see it, or touch it, or hold it in you hands. But it is as real as the offline world and exactly same rules apply. There is no free lunch on the Internet and the sooner you realize that, and the sooner you will put in the work needed and reap the benefits.

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