If it wasn't possible to make money online, then we would not have such successful websites like Google, Yahoo, Facebook and Amazon which are making not millions but billions of dollars for their owners.
Of course, not everyone who goes online will create the next Google or Yahoo. Not all of us are gifted (or lucky) in that way.
But the fact that these websites make billions for their owners prove that the possibility of making money online is not impossible. You just need the characteristics of a winner.
Below are five important criteria to consider to successfully make money online.
You must know what you want from working online. Do you want to make enough money to pay your bills? Or do you want to make loads of money to enjoy the lifestyle of the rich and famous?
Having a goal would set you in the right direction to achieving it. If you have no goal, you'd be just like a ship in the middle of the ocean with no compass to bring you to your port of call.
You must be clear about what you want to achieve out of your online endeavors. Write up a business plan to help you achieve that goal. Be very specific about the plan with regards to the time frame and then list down the steps you'd take to reach that goal.
You want to make money online but uppermost in your mind is the question of how you're going go about doing it.
There are many ways to go about making money online. You can create your own product and sell it. Or you can sell other people's products. You can start a blog and monetize it. You can even give advice and earn consultation fees.
Obviously, there are many ways you can make money online. With so many ways available for you, it can become quite overwhelming.
The trick is to choose one method and stay focus with it. Focusing on one method will reduce the information overload that might overwhelm you.
If you decide to start a blog, focus on that until you're successful. Remember to give each method a time frame. Blog for a year and see if that brings in the money.
If it doesn't, then move on to another method or start a blog in a different niche topic. Sometimes it may not be the method that is at fault but the niche topic that you've chosen may be too competitive. Find one that has little to moderate competition so that you're able to dominate the niche.
Being a perfectionist has its ups and downs. When you're a perfectionist, you want to produce the best work that you can do (according to you). But at what cost?
A perfectionist uses so much time to get the perfect and best work that he wastes a lot of precious time. What can be done in one hour will take him days to finish because he's never satisfied with the outcome.
If you want to make money online, stop being a perfectionist. Nobody expects you to produce a Pulitzer prize-winning article. People would appreciate any kind of information that will help them. So start churning and stop procrastinating.
Whatever you do to make money online, make sure it fits your personality. If you don't like to interact socially, then don't use social networking as your marketing method.
You might want to use pay per click advertising where everything can be automated. But this doesn't mean that you don't need to interact with your customers. You just don't need to promote your products at social networking sites like Twitter or Facebook.
You must know what you're capable and not capable of doing. If you're good at writing, then you can use article marketing to promote your business.
The important thing is to fit your personality with what you're doing so that you won't feel that you're doing something that you don't like.
Just like the brick-and-mortar business in the offline world, it will take time before you see a substantial amount of money in your bank. Be patient.
Don't be taken in by those who claim they can help you make thousands of dollars in a short time. Scammers will take advantage of the naive and the gullible.
Just follow this simple rule : If it's too good to be true, it probably is. Stay away from get rich quick schemes.
Making money online is not just possible, it's probably the easiest way without incurring too much cost. You just need to be clear about your goals and remain focus. Above all, be patient and not be taken in by get rich quick schemes. Start with something that fits your personality and you'll be on your way to making money online.