Wednesday, June 20, 2007

Earning money on internet - 1

How Can a Home-Based Entrepreneur Earn Money from the Internet?

What does the downfall of the dot-coms mean to home-based entrepreneurs? Maybe not much. However, the question that plagues the dot-coms also haunt the small online entrepreneurs: how do we make money on the Internet?

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The past few years have been a sobering experience for Internet entrepreneurs. The collapse of many high-profile dot-coms can be compared to a head-splitting hangover that just won't go away. Yes, the dot-com world has learned that even online businesses must make money in order to survive.(article continued below ...)

What does the continued downfall of the once-mighty dot-coms mean to home-based entrepreneurs? Maybe not much (unless you use their products or services).
The dot-com world seems too far removed from the humble operations of the home-based entrepreneurs. Unlike the dot-coms, the small online entrepreneurs do not have IPOs to consider, shareholders' interest to safeguard, public images built by costly primetime advertising to maintain. We also do not have venture capitalists on our backs pressuring us day-in-and-day-out to deliver, demanding quick returns of their money. We do not have hundreds of staffs to pay, chic offices to rent, and costly technology buys. What we lack in cash and capital, we compensate for total control of our businesses, growing our own online ventures at our own pace.

However, the question that plaques the dot-coms also haunt the small online entrepreneurs: how do we make money on the Internet?

We will continue on with the subject next ...

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