Profitable Web Business: How Loose change + Time Can Equal Real Money

Its pure economics in reality, the biggest cause of business failures is running out of money. Or in  corporate speak: undercapitalisation.

In a lot of cases these businessess had a good chance of success where it not for a lack of capital when that business needed it the most. Which is when that business just starts and income is at its lowest.Now in military circles there is no business speak, just clear understanding of a problem: therefore in military terms they say “amateures talk about strategy whilst professionals talk about logistics”. This should be true in most businessess but you would be surprised that it’s not.

Now there are widgets, scripts and social media sites that promise to propel your business to the moon. Less sexy and more work is the reality of taking proven stategies and make your business profitable with:

  1. No money
  2. limited time to dedicate to that business
  3. Few technical skills.

There are literally dozens of ways to make money online.  However, in most cases you would be swapping one boring over stressed job for another, so whats the point. Setting up an account at Rentacoder doing website work, is exactly that WORK so thats another job. There is nothing wrong with this approach especially when you first start to exploit the power of the web for profit.   But what we really want is a real business that produces real money and if possible real “Residual” money that produces income everyday passivelly and with little or no extra work on our part.

So lets create our wish list of our ideal business model for that website:

  1. Make money with little effort from us.
  2. little start-up cost
  3. Little or no recurring operating costs
  4. No heavy learning curve or technical skill required.
  5. Capability over time to replace your real job.
  6. Capable of being built and maintained in our available time.

Now this all sounds rather complicated and hard work, when in fact its neither of these things.  There are two web business models that have everything we need to turn our fledgling website into a money generator.

Adsense.

Google’s adsense program has lost favour in recent times because it takes time to see any return on your investment. However there is, with some dedication and effort the possibility to make large amounts of money from adsense. The program is free to join and takes absolutelly no technical skills.

Affiliate Marketing

There are lots of affiliate programs out there which for the most part are free to join. These are ideal resources of passive income because the product generally comes with some pedigree and sales already being made. Someone else has done all the work the marketing and the coding, all you have to do is drive people to that product to make some profit. Done in its simplest format affiliate marketing requires no technical skill either.

Thats enough for today. I am going to need 5 comments made on this blog post before I will post part two of this multipart business analysis. So leave your thoughts below  and comeback soon for the rest.

Please take a moment to comment below.

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