Friday, September 14, 2012

Eight Ways of Making Money Online-1


I do not know how many times the words below have been printed, but then I couldn't care. I need to say it, so here we go. The invention of the wheel was perhaps the most important event in history in its time. Then came the mechanical age and the industrial revolution, an earth shattering event in its time, followed a couple of hundred years later by the simple formula, e=mc2 that led to the nuke. Hiroshima and Nagasaki were brutal examples of the harnessing of nuclear power, but sanity prevailed and nuclear power was put to constructive use.

Having said that, the single most significant event that has affected our way of life thereafter is the emergence of the Internet. Open to one and all, every human has total access to it in the free world. When on the internet, you are online.  The internet is one vast repository of diverse data and also its channel of transmission. Wheels within wheels, you could say- without worry of bring contradicted. There is so much data that the storehouse is nowadays referred to as a Cloud.

That's a neat simile, leading naturally to what is called cloud computing, or handling of data in exabytes, EB (1018) or 1,000,000,000,000,000,000 bytes, soon to reach zettabytes, ZB (1021 bytes) and yottabytes, YB (1024 bytes) across banks of high speed high capacity servers. This allows global reach and with cross-world economic transactions having eased post globalization, it has become relatively easy to make money online.

Let me develop this statement. You can earn money online, which means using the internet as the medium to access a money-generating port, earn yourself good recompense for your work and bank it. You can bank this income online! The obvious fallout of such a possibility is: Do you need to go to an office, work under another individual, wait for paychecks, interact with people whom you like, or dislike for that matter, and so on? The answer is equally obvious-No, you don't, if you can make enough money to lead the life you want to lead. If you cannot generate that kind of income online, then you need to go to an office and earn your basic income there. But you can augment your income by working online when not in the office. But how does one start making money off the internet?  

There are a number of ways of making money online and, in subsequent posts, I will show you eight ways of making money off the net when at home or while commuting to and from work, providing you can access the web whilst travelling.