MAKING MONEY ONLINE
Though
there are many definitions for online business, here's the
one
that I deem most apt for our discussion here:
Online business is one that is operated via
the internet and that
brings income via the internet as well (my
definition).
In
online business, your website or blog is your showroom/store
where
you display your wares and skills and convince prospects
that
you offer quality.
There are two types of online business: active and passive
(1) An active online
business is one that requires you to render
specific
services or requires your active participation in some other
way.
Most of the time, the profit you'll make from an active business
is
proportionate with your activity.
For
instance, I’m a freelance writer. So, my monthly income is based
on
how many writing assignments I complete within a month. If I
decide
not to write, then I won’t make money.
Your
online business would be an active one if you render services
such
as ghost-writing, graphics design, SEO, programming, virtual
assistance,
data entry, etc.
(2) A passive online
business is one that brings income
continuously even when you're not actively involved.
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