Saturday, May 19, 2012

How to make money online

From: Henry B.
Sent: May 19, 2012
To: undisclosed recipients
Subject: Fw: How to make money online
I just love Seth Godin. He takes a topic and simplifies it so that us commoners can understand it. Thought this might be a neat topic to share with your audience so do with it what you will. Take care, Henry
---------

How to make money online
from Seth's Blog by Seth Godin

1. The first step is to stop Googling things like, "how to make money online." Not because you shouldn't want to make money online, but because the stuff you're going to find by doing that is going to help you lose money online. Sort of like asking a casino owner how to make money in Vegas...

2. Don't pay anyone for simple and proven instructions on how to achieve this goal. In particular, don't pay anyone to teach you how to write or sell manuals or ebooks about how to make money online.

3. Get rich slow.

4. Focus on the scarce resource online: attention. If you try to invent a way to take cheap attention and turn it into cash, you will fail. The attention you want isn't cheap, it's difficult to get via SEO and it rarely scales. Instead, figure out how to earn expensive attention.

5. In addition to attention, focus on trust. Trust is even more scarce than attention.

6. Don't worry so much about the 'online' part. Instead, figure out how to create value. The online part will take care of itself.

7. Don't quit your day job. Start evenings and weekends and figure it out with small failures.

8. Build a public reputation. A good one, and be sure that you deserve it, and that it will hold up to scrutiny.

9. Obsessively specialize. No niche is too small if it's yours.

10. Connect the disconnected.

11. Lead.

12. Build an online legacy that increases in value daily.

13. Make money offline. If you can figure out how to create value face to face, it's a lot easier to figure out how to do the same digitally. The web isn't magic, it's merely efficient.

14. Become the best in the world at something that people value. Easier said than done, worth more than you might think.

15. Hang out with people who aren't looking for shortcuts. Learn from them.

16. Fail. Fail often and fail cheaply. This is the very best gift the web has given to people who want to bootstrap their way into a new business.

17. Make money in the small and then relentlessly scale.

18. Don't chase yesterday's online fad.

19. Think big, act with intention and don't get bogged down in personalities. If it's not on your agenda, why are you wasting time on it?

20. Learn. Ceaselessly. Learn to code, to write persuasively, to understand new technologies, to bring out the best in your team, to find underused resources and to spot patterns.

This is not a zero sum game. The more you add to your community, the bigger your piece gets.

A few years ago I put my book The Bootstrapper's Bible online for free. You can find it here.

Seth Godin Books

1 comment:

  1. Thanks Henry, I too like Seth Godin. I have bought many of his book.

    ReplyDelete

Don't be shy. Leave a comment below and tell the world what you think.

Related Posts Plugin for WordPress, Blogger...

Our Sponsor: Rosa For Life

Treat yourself as though you were at a spa with this soft cotton bath hair wrap. It dries hair quickly, is water absorbent and washable. The soft cotton fabric dries quickly and will be ready for your next hair washing.

- Made of Soft Premium Cotton.
- Just twist, flip and button. Easy to use.
- It makes a perfect gift for the girls in your life.
Made by Rosa For Life in the USA.

The Rosa For Life brand takes pride in providing you with the highest quality in material and craftsmanship. You will not be disappointed with the high quality and comfort of your Rosa wrap.

These also make great gifts for the girls in your life. Each Rosa wrap is packaged in a nice white gift box, including gift tissue paper. All you have to do is gift wrap or place in a nice gift bag.



Customer Reviews 

Stumble It!

Follow Us By Email