Developing your First Internet Business Income Stream

People get into Internet Marketing for various reasons, but the most important reason is because they want to make money. Hopefully lots of money! Or, at least that’s what many people who are marketing on the internet tell people. You know the stories I'm talking about, where the marketer tells you how you can make money while lounging on the beach, because your websites are selling for you while you’re gone. If only it was so easy!

What the hype doesn’t tell people is that making money online takes time. The gurus show pictures of their expensive houses and cars, and don’t talk about the years they spent learning the ropes. They didn’t start out making tons of money, they started out making a little money after losing money in their first years of business.

I think the first income stream you build is the most important. That’s the one that you can reinvest into other opportunities, to pay for outsourcing graphic creation, writing, programming, etc. The first income stream should bring money with minimal cost, so that you aren’t leaking money from your savings while you’re learning the skills you need to succeed. Getting that first income stream is a big confidence booster, and keeps you motivated to continue learning and growing.

Here are some possible first income streams.

Affiliate & Traffic Generation Sites:

These are the sorts of sites that pay you to do things. Click ads, complete offers, click on other sites and most importantly, joining other programs to leverage your reach. The Web Business Review provides information to help you get involved in this arena, since all of these types of programs rely on you getting referrals to earn more than you can earn alone.

Blogging

There are many free sites on the internet where you can set up a blog and get started immediately. The site I recommend is Blogspot because it is an affiliate of Google and so your writings get indexed faster in Google's search results. People come to your blog because they’re interested in the same topic as you, and they stay because they like the way you write.
Along the way, they click on ads on your site, they buy products you recommend, and you earn some money. How much depends on how many people visit the site. Some people have replaced full-time incomes via blogging. This is a good option for those who are confident writing regularly. Building an income from blogging will NOT come overnight! Blogging is also a way to advertise your other affiliate programs and build a downline.

Finally, one of the best affiliates I've found for getting the most out of your dollars spent is HOST FOR PROFIT. Their program is the fastest way to begin to earn a commission check. It also can function as a stand alone program with no other affiliates. However, if you use some of the other ideas listed above, you can leverage the results you get , especially if you use SFI in conjunction with the Plug in Profite Site.