In this recent decade, i’ve realize everywhere, government agencies, schools, private organizations heavily promoting the idea of entrepreneurship. They are trying to introduce such concept to as young as high school students. And everyone wants to be their own boss. So…. what’s the best route to start a business with minimal capital and a chance to be success as entrepreneur? Hmmm… how is the idea of web entrepreneur? Well, you all know what are the advantages, so i will skip that. What is extremely important is that you will need Time (lots of), Effort (lots of) and Determination (lots of x1000). This is no different from traditional entrepreneur.

However, there is one common misconception of making money online. Whenever someone told me they want to try doing business online, their idea is to start an e-commerce online shop selling stuff such as clothings, accessories, etc, because they dont need to have the inventory, initial investment is just the web store. Or provide web design, web development, programming services. Recently, blogging perceived as one of the common idea to make money online.

Why do many of the inspired entrepreneurs who tried to do the common ideas above and not successful.

e-Commerce Store idea

Most thought that just setup an ultra beautifully designed site, put online and ….. wait. After few months of “no business”, they conclude it is a failed venture and give up.

Web Design / Development idea

Did not actively look for clients through online means (forums, freelance sites) and offline (family, friends, business contacts). This is a continuing process. Once you decided to be lazy, you failed.

Blogging

Having “3 minute interest”, blog for a while, doesnt seems to earn money…. give up.

There are actually many more ways to make money online besides the above few common ways. Some ways need to have more technical skills, some do not. Check out my next post about different ways of making money online.