Remember Me
forgot your password?

How To Waste Your Time And Money In Internet Business

The internet is a great way to make money while sitting on your bottom. You lounge around in your pajamas, and the cheques drop in your letter box. Sure, that happens. For some.

There are many ways to waste your time, money and energy online. Many people give up on their internet business because they get caught up in these snares:

1. Content Is King.

You can write hundreds of eloquent, informative pages, only to have them ripped off by a 'scraper'. You can be _the_ definitive site on a topic, only to have sites which have better SEO and SEM outrank you. You need something that is unique, or near it; something a lazy spammer can't duplicate easily.

Also: Anyone who uses the word 'content' to describe what they're offering is halfway to being a spammer. Think about an 'elevator speech' for your site. How would you describe it in five words to someone? (That someone is also a non-techie, by the way).

You've got to be able to tell Joe Public what the main benefit is in a short and simple sentence. If you can't, you're probably wasting your time. People don't want 'leveraged media aggregation services'. They want sex, money, power, beauty, laughter; something that helps _them_.

2. The Latest $197 Software.

You need a script. You try to 'Google' it. You find one for $197 which seems OK. What you didn't realise is that you could search through popular freeware directories first; likely there's a free version of what you seek, that thousands of other webmasters are using. Or a cheaper one you could adapt.

Beware: There's a class of cookie-cutter one-page internet marketing sites out there. Anyone researching how to make money on the internet will soon find them. They sell over-hyped, latest-trick software which will deplete your bank balance, or worse, get your site banned.

By the time a newbie gets to hear about a wheeze, it's already been sucked dry by the inventors. In the middle are hucksters who claim to have made $1000s with it, and now they're letting you in on the 'secret'.

Fact: When you've got a sure-fire way of making a lot of money, you keep it close to your chest. You only let it go when it's tapped out.

3. Reciprocal Linking.

Someone told you this works. Someone else told you it's useless.

The truth: I'd say it works if you trade links with related, high-quality sites for a while, then stop. You get some search engine attention, then you work on getting links from different sources. This makes your backlink profile more 'natural'.

If all your links are reciprocal you risk being flagged by a search engine algorithm. Engineers are constantly on the lookout for signs of quality, and signs of spam. Too much of one form of promotion too quick, and BAM!, you're penalised, or banned.

4. Drudgery Which Should Be Automated.

You've heard you need backlinks. So you start submitting by hand to directories. This is boring and time-consuming. What you didn't know was that there are submission services which will do 1000 in a day, for $50.

You need a software. You learn PHP to write it yourself. This takes ages, and bug-fixing is a chore. What you didn't realise is that a freelance would code it for $200, and support it for six months.

In summary: You have limited time. Spend it thinking up ways to make money. Anything related to computers can be automated; that's what they're for.

T. O Donnell

T. O' Donnell is an entrepreneur publishing Wordpress theme, loan and mortgage softwares in London, UK.

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest ECommerce Articles
  • More from T. O Donnell

La diffusione dei servizi internet nel nostro paese

By: Martinapp | 26/11/2009
Internet è diventato davvero indispensabile nelle nostre vite, dallo studio al lavoro, infatti uno dei servizi più diffusi sono gli acquisti online, che anche in Italia stanno prendendo sempre più piede.

What a Good Merchant Account Provider Is

By: meliza mateo | 26/11/2009
How would you distinguish a good merchant account provider from one that is not. Here's exactly what you need to know about the better one.

Don't Lose Money to Internet Scams

By: Terry Mitchell | 24/11/2009
The best way to protect your money from Internet scams is to avoid them altogether. In a perfect world, you never would, but even the best of us get taken in once in a while. The most common type of scam is the one in which someone offers something for sale online, takes your money, and then never delivers a product. If this has happened to you, what can you do to get your money back?

Secrets of Tracking the Wild Click

By: Jay Jennings | 24/11/2009
Making a sale online by accident is fine, it's still a sale. But the problem is, you can't duplicate it. By tracking the links you use to drive traffic, you will discover which technique is the most profitable.

Going Light On Your Business

By: Mark Ccole | 23/11/2009
People are always on the go, they hardly stay on one place anymore. This why SAP decided to bring the company with you whenever, wherever.

These Trying Times

By: Mark Ccole | 23/11/2009
Like a fish swimming against the tide, these business owners have shown that, with proper planning of strategies, the impossible can be made possible.

Getting Close With SAP Business One

By: Mark Ccole | 23/11/2009
You know what the most exciting part is when you get your first gadget, let’s say an iPhone, for example? You get all giddy as you open the box.

Becoming One With SAP Business One

By: Mark Ccole | 23/11/2009
Meet SAP Business One, a simple business application that integrates all core functions across your company doing away with the need to install several software applications to separately handle each business function.

How To Set Up A Niche Web Site In A Day

By: T. O Donnell | 24/12/2007 | Online Promotion
Are you looking for ways to set up web sites more easily? Are you tired of slaving over a hot PC? Here are a few tips on how to set up a niche web site in a day.

How To Waste Your Time And Money In Internet Business

By: T. O Donnell | 21/11/2007 | ECommerce
The internet is a great way to make money while sitting on your bottom. You lounge around in your pajamas, and the cheques drop in your letter box. Sure, that happens. For some.

Getting An Offshore Bank Account Via The Internet

By: T. O Donnell | 20/11/2007 | Banking
Do's and don'ts (mainly don'ts) of getting an offshore bank account.

Mortgage Tips For The Frantic

By: T. O Donnell | 20/11/2007 | Mortgage
Tips on preparing for and getting your mortgage, and what to do when you've got it.

Simple Tips For Getting Your Loan

By: T. O Donnell | 20/11/2007 | Personal Finance
What to do, and what not to do, when preparing to get a loan.

How To Get And Stay Healthy

By: T. O Donnell | 20/11/2007 | Sports & Fitness
Here are six tips that are guaranteed to work, if you follow them all religiously. There's no point eating well, then taking drugs and staying out late!

10 Tips On Buying Real Estate

By: T. O Donnell | 20/11/2007 | Real Estate
Get involved in the buying process. Hiring a real estate professional will help you but you should not allow them to do everything.

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.34, 6, w1)