How To Make Money Online How_To_Make_Money_Online | Page 41

9.St art a consult ancy business.
If you have knowledge and expert ise about a part icular t opic, you can st art a
consult ancy business online and help ot hers. You can offer your knowledge and advice
for a fee.
You can do t his direct ly from your own websit e or your websit e can be used as an
advert ising t ool. Then you refer your visit ors t o ot her media you can use t o run your
consult ancy business like your t elephone or any meet ings t hat you organize and t hey
can at t end.
10.Exchange e-currencies.
There are different e-currencies on t he Int ernet t oday. Somet imes somebody needs t o
exchange one kind of e-currency for anot her. For example, t hey may have e-gold and
t hey may need e-bullion.
So, when t hey want t o exchange money t hey go t o online money exchangers and
exchange t he money. The t ransact ions occur most ly t hrough t he exchangers websit es,
somet imes manually and somet imes aut omat ic.
This is a lucrat ive business. If you become an exchanger you get paid a small fee for t he
t ransact ion. It could be for example 3% of t he exchange amount . So, if someone has
$1,000 in e-gold and t hey want e-bullion, t hen you charge t hree percent of t he e-gold
you are receiving ($30) plus t he amount t hat e-gold charges you t o receive t he funds.
That ’s your profit $30. Then you send t hem t he e-bullion.
How it is usually done is t hat once t hey send you t he e-gold you subt ract t he fee from
t he e-bullion t hat you send t hem. So, t hey receive less in e-bullion t han what t hey send
you in e-gold.
This may not look as much money t o you. But if you have several hundreds of
t ransact ions per day, you can make serious money t his way. The drawback is t hat you
need funds t o do t he exchanges. You may also need t o find out what are t he rules and
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