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<seo title="How to make money online" metakeywords="online business,online business marketing," metadescription="Tips about how to make money online" />
<div align=justify>Setting a goal is the very first step when starting an online business. A clear target will help you to set goals, which, in their turn, will allow you to make money. That is why it is necessary to have business plans.

As an example of a possible goal, decide how much money you want to earn in your first year. But be objective, do not overestimate yourself.
Then you can divide that into monthly amounts and that will be your targets. Your next step is to plan how to meet these monthly targets.

However, you now have the problem of how you are going to make that money. There is a large number of ways in which you can make money online, some of the most popular being:

'''''1. Creating/selling your own product or service.'''''

Perhaps you have a skill or good at something that others will pay for. As an example, you can write a book that will become a bestseller.
Or you can make a series of video lessons in some area. Though it is a simple idea, a lot of people may appreciate it.
Think of what you have knowledge of and the way of arranging them in a way that would sell.

'''''2. Selling somebody else’s product'''''

If you can't create a product of your own, then try selling somebody else’s. Affiliate marketing is very popular nowadays. It stands for selling a product for somebody else with getting a commission. That commission can be 50% or higher (in some cases 75% or even 80%).

'''''3. Other ways'''''

Another alternative of making money online is multi-level marketing (MLM). This is when you hire others to sell products for you and receive a commission on their sales; buying on eBay, and selling the same items for a higher price, etc.


There is one thing in common for all these ways: you have to learn how to go about it and how to promote whatever you are doing. 

Most businesses need a website, software, and knowledge of how to use it and attract potential customers. Without customers, your business will fail.
This is the main stumbling block for the most people. In fact, 99 people out of every 100 that try to earn a living online fail. The reasons for that are as follows:

* '''''Lack of planning'''''

There wasn't a clear objective and the whole thing was not planned properly. Making money online was more like a hobby. Instead of setting out the daily tasks needed to meet their targets and work on their completion, people spent their time on other things.

* '''''Lack of focus: too much information'''''

They did not focus, and failed to choose their way of making money online. There was too much information, they tried a bit of every method and so failed in everything.

* '''''Lack of persistence'''''

This means giving up too soon. Building a successful online business is a time-consuming process. You won't earn millions the very next day. Making money online is not that easy, and those that persevere will succeed.

* '''''Lack of Knowledge'''''

This is the least common reason for failure, though it still popular. With the Internet being available for everyone, lack of knowledge seems impossible. However, many people try to do it themselves without looking for the information they need. So, try to get as more information as possible prior to starting your online business.

Do your best not to fail for any one of the above reasons. They all can be avoided with a proper approach. All are avoidable.</div>
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