Getting Rich Quick - Online Trials and Errors

By Jamie Hunter

The first step on the road to making money online and getting rich quick is to acquire knowledge about it. This is possible by reading about it in books, journals or the ample material available online. Topics covered include SEO, Internet marketing, making money on eBay, affiliate marketing and other related aspects of making money online. Once some knowledge has been acquired, one out of two course of action can be opted for:

1. Purchase of a web domain to set up a website and use the knowledge gained to make money;

2. Compile a sound business plan and implement it to have a successful online business.

Retail Commerce - An Option

Another option for making money is retail commerce. It involves buying products from wholesalers at whole sale prices, keeping an inventory of goods and then selling them to individual buyers at retail rates. This is a practice adopted by many ecommerce shops and is somewhat similar to drop shipping except for keeping an inventory which is cumbersome and having the additional responsibility of shipping the products. But it also means earning more money than drop shipping.

The Internet contains a lot of information on "paid-to" sites which also help in making some money but is not enough to earn a living out of. These sites simply help in earning a little extra cash.

Getting rich quick by making money online seems easy but the initial phase is tough till one is able to find out what works for the individual. Often the best way is by trial and error, which involves discarding one unsuccessful option for another.

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