How To Make Money Online How_To_Make_Money_Online | Page 23

8. How Not T o Make Money Online (Or Anywhere Else)
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Here are a few t ips on how _not _ t o make money, and underneat h each one, t he smart
t hing t o do inst ead.
1. Follow The Herd.
By t he t ime you hear about it , it 'll probably have peaked. The t ime t o grab a niche is
looking around you, seeing what people are looking for, and giving it t o t hem, fast . Not
recommended: Mult i-Level Market ing (MLM), Int ernet Market ing, eBooks, Paid-To-Surf
and High Yield Invest ment Programs (HYIP). These will all make money for t he guys
running t he show, not you.
Do your own research. Int ernet forums are full of t he past , not t he fut ure. You can learn
your t rade, but not t he lat est wheeze. You t hink if someone's got a really sweet idea
t hey'll blab it in a forum? Only if t hey're vain or st upid. Or t hey've already made t heir bit ,
t he idea is washed out , so t hey make one last profit by get t ing t he newbies excit ed
about it .
By t he t ime you hear about it t he herd will have spammed t he hell out of it .
2. Not Following The Herd.
Somet imes t he herd is heading over a cliff. Somet imes it 's heading t o green past ures.
You can't st art a revolut ion on your own; it 's t oo much hard work. So find somet hing
t here's already a demand for, and set up a st all offering it cheaper, fast er or bet t er. Or
all t hree!
Tip: Exhaust int ernet research before st art ing your new career. It 's likely someone has
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