It seems almost every day there is another ‘next best thing’. Some of these new businesses are soon forgotten in a matter of months, weeks, even days. It is often said down the track, ‘if only we had gotten into that earlier’, or sometimes, ‘if only we didn’t get in that’.
If you want to succeed in creating an income online you are bound to have some failure on the way to success. This will happen to most people so if you find yourself in a position where you feel like you have gotten nowhere do not despair. The hardest thing for people is to know which businesses are going to be worthwhile for them and which aren’t. As we do not have a crystal ball to show us the future we have to base decisions on some underlying factors. These include;
Who is running the company and are they trustworthy
Is there a solid base to the company
Is the income sustainable
Is there a demand for what they are offerring
What is the risk involved
Am I prepared to take the amount of risk for the possible reward.
Think about this for a minute. There are businesses right now I can show you that you will double your money in 67 days. In fact it could be even less than that. If you knew without a doubt that you would get your money doubled, how much would you put in there? Now what if I said there is around a 20% risk that the company might disappear and you may lose the money, how much would you put in now?
This is the thinking you must employ. If you are comfortable putting $1000 into a business, with the potential of it doubling in a couple of months, then you have to be aware that it is considered a higher risk. But many people that took that risk have earned a small fortune. Others have put in a small amount they were comfortable with and grown that.
The other myth you may hear is that you have to get in at the very start to be able to make any money. Well people disprove this all the time. In fact the only time this is really true is when a business does not grow well and its compensation plan relies on referrals. Those businesses often shoot up fast and then come to a halt. Some people make money and a lot do not.
Yes there is another word people do not like is referrals. For a lot of people getting referrals is tough, sometimes bordering on impossible. So how are they going to make money in these businesses that rely on them so much. Simple answer, they wont.
So that brings us to businesses that have been around longer. If it has been going for close to a year or more then you can say it is doing well. Most of these will have enough people talking about them to know if they are reliable or not. This does not guarantee security though, do not misinterpret the longer time a business is operating to mean it is easier or more likely to succeed. But at least you can get a bit of history from it.
So with all these things in mind here are my picks for you to have a go at in 2012 with a brief reason why.
Tagvillage – While growth is slow this is one for the long term. You will not make money as quickly here but if you grow a tag portfolio, as the company expands with the ad widgets you will get rewarded in the long run. Possibly a lot more than other programs. The publisher widget is in testing phase now with live launch due in June 2012. So it is a good time to be building.
JustBeenPaid now ProfitClicks
Pays a daily % on your positions purchased and has a cycling component after a certain number of days. Justbeenpaid has been going over a year and is very popular. People say that these will go forever but I am skeptical of that. Still it’s worth putting some money into and taking that risk. As I mentioned above though be aware it is a risk, never put in what you can’t afford to lose. I also suggest withdrawing your initial investment as soon as you can so you are working with money earned from that point on. It only takes a few months to be doing that.
Overall I like the opportunities that do not rely on having referrals to earn. Too many people join something they can only earn on by having a lot of others join them. Often that is hard for them and they end up earning nothing at all.. It is much better to be involved with something that you determine if you will earn from it.
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