Wednesday, February 18, 2009

Which Online Business Opportunity Is Right For You?

With the economy the way it is these days, many people are turning to the Internet in hopes of finding something to make some extra money at. Many want to start an online business from home while others are looking for an online business opportunity to work part time.

The good news is that there are many business opportunities on the Internet waiting for the right people to start. These business opportunities could be worked entirely online while other could be started online and worked offline.

But which one is right for you? Not everyone is cut out to sit in front of a Computer all day long. Perhaps you just want to start a Lawn Service or make crafts in your Woodworking shop. The Internet is a great way to advertise offline businesses like these. It's also an excellent place to find resources that will help you get such endeavors off the ground.

I think it's safe to say that many people are looking for an online business opportunity that they can work from home, in their spare time, that is easy and can be done on the computer. At least that has been my experience talking with hundreds of would-be entrepreneurs.

Again, there are many, many opportunities for a person to start online. Here is a rundown of just a few.

Online Paid Surveys. This industry has gotten a bad rap in recent years due to all the fly-by-night companies and individuals out there taking advantage of people. Thankfully, the image is getting better as these crooked companies and people are being outed and legitimate online paid survey companies are taking their place.

The way online paid surveys works is that you sign up to fill out surveys from major companies. In return for your opinion, they reward you with cash, products or even travel. While you won't get rich from being paid to take online surveys, you're likely earn enough to help make ends meet. Furthermore, many people who do this on a full time basis probably get more products like laptops, digital cameras and vacations than they do hard cash. These are products you can turn around and sell for cash if you'd like.

Online Auctions. Online auctions sites like Ebay has transformed hordes of stay at home Moms and other people into unlikely business people. The opportunity that ebay affords people to make money online is nearly endless. There are so many ways to make money with Ebay it isn't funny.

For someone looking to get started with using ebay as an online business, I would caution you before jumping in head first. Sure, you can make money visiting Garage sales and Estate Auctions to find stuff to resell on ebay. But to make some serious online income, you need to find a system where you can get products shipped directly from the warehouse or manufacturer. These are called wholesalers and dropshippers and you need to find of list of these. This is how many of the Power Sellers on ebay make six figures or more selling on Ebay.

Freelance Writing Jobs. More and more people are finding it profitable to start as a Freelance Writer. You don't need any formal education in English. If you can write the way you speak, there is probably an opportunity for you to earn money online writing.

Some people will simply start visiting online forums to advertise their services while others may advertise in places such as Craigslist or Facebook.

Those who make a lot of money doing this are usually part of a membership site where individuals and companies post jobs. The way this works is that you log into you account on one of these sites and then check to see if any jobs have been posted. If so, you decide if you want to take one or not. If you decide you want to accept the job, the requirements will be outlined and once the work is completed, the funds are placed in your account.

These are just a few ways people are starting their own online businesses. I'll be covering other other ways people make money online with an online business opportunity. You just need to be sure and check any opportunity out before spending time or money on it.

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