Million Dollar Income 

How to Manage Your Time and Get Started Online With Very Little Money Upfront

One thing that is absolutely critical when you are working online (or when you are working anywhere, for that matter) is time management. You must set aside the time to make your online business succeed. Only you can determine how much time is needed. But I can say this, that until you get to the point that you know exactly what you are doing online and you have become efficient, the more time you spend online, the more money you can make.

Creating a solid business online is not get-rich-quick. You will have to put in the time and the effort to build your business. You will have to work hard at first, to get things rolling. But one thing that is nice online is that once you build it, you can generally let it go. Once you have built something, and fine-tuned and automated it, you can generally leave it on auto pilot. You might need to tweak it a little, but if you want take a one month cruise in the Caribbean and leave the laptop at home, you probably could.

Financial Aspects

There are two ways to do things online---on a shoestring or with a budget. If you are operating on a shoestring, you are going to need to do things like article submissions, forum posting, and other free traffic methods. If you have a budget, you have the flexibility of adding in ezine ads, PPC, and paid article marketing.

You need to decide up front how much money you can spend online, and then you need to stick to your budget. If you have a campaign that is not making you any money, you cannot continue throwing money at it and have it start making money. You will just be spending more money. Every campaign you do will either bring in less than you spent, you will break even, or you will make a profit. This sounds simple, but I think that too often people forget that every campaign they do needs to make money. Just because you are making more than you are spending online is not enough. You must make changes to every campaign that is either breaking even or losing money--even if you have plenty of others that are making you money.

If you decide to go the ‘free’ route and generate traffic without spending any money, know one thing: you will pay for your ‘free’ traffic with time. And there is nothing wrong with that, as long as you know it up front. You will need to commit several hours per day to generating traffic. If you do, you should make it online. If you do not, you will not make money online.

This has been an excerpt from my flagstaff manual, the List Building Manifesto.

Do you want to learn more about how I do it? I have just completed my brand new guide to article marketing success, ‘Your Article Writing and Promotion Guide‘

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Sean Mize is a full time internet marketer who has created over 370 articles in print and 8 published ebooks.

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