6 Ways by which Doctors can Make Money Online

6 Ways by Which Doctors can Make Money from the Internet

As all of you know that, I am a Doctor & I am doing my Post Graduation in MS – Ophthalmology (Eye Surgery) at D.Y. Patil University, Kolhapur, Maharashtra, India. And my friend circle is most of Medical students & Doctors. And many of them have asked me several times that, How Can Doctors Make Money from the Internet?

Well, Let me tell you today in this article about few possible ways by which any doctor can make money from the Internet.

01) Blogging -

One simplest way to make money from the Internet is Blogging. Any doctor can make money by doing a Blogging on the subject which he/she is Passionate about. Take the Example of myself. I am a doctor & I am running a Finance Blog (This Blog) “My Journey To Billionaire Club”. And I am making money out of it. You can see the Google adds surrounding this Article. What are they? Well, they are the adds and whenever a reader (You) will click on those adds, I will get some amount of Money. Of course it will be just few pennies. But it depends on the amount of web traffic your Blog receives.

Right Now, I am making handsome profits from my Blog. So This is the one simplest way to earn money. You can start Blogging on virtually any topic. You will find readers for your Niche. The reason why Blogging can be a successful Internet Business for any doctor is, Because Blogging requires Minimal to NO Skills. And that’s why the Entry Barrier in this Business is very much low.

02) Forums -

Another way to make money from the Internet is, you can start & run your own Discussion Forum. The Best Example of Doctors running a Forum is – Cafemedico.net/org/com

This Forum is run by my junior friend who has just finished his MBBS & doing his Internship at D.Y. Patil University, Kolhapur.

Of course, running a Forum will require higher degree of Technical skills & Knowledge of Internet Business. But still it is the way by which a doctor can make money from the Internet.

03) Flipping Websites, Forums, Blogs & Internet Businesses -

Another great way to make money from the Internet is “Flipping”. Flipping means buy low & sell high. Say for Example, Real Estate Flipping. Here a Flipper will invest his own money, buy a Residential or Commercial property, monetize it and later on sell it for higher profit.

Website & Internet Business Flipping is exactly the same. Here you buy a website, Blog, Forum about the subject that you know deeply. Now, you are a doctor so you have a good knowledge about Medical Diseases. So You can buy a website, Blog, Forum about diseases such as Pregnancy, Obesity, Health Care, Swine Flu, Child Care, Crohn’s disease or anything else. You can use your knowledge and find out that weather this particular website content is really useful to the readers or not?

Than you can buy that website/forum/blog, add some more content in it, market it well, grow its reader base and later on sell for higher profit to other buyer. This is known as Flipping.

Now the question comes is that, Where to Buy & Sell Website Businesses? Well, Here are 2 Best websites where you can buy & Sell websites.

Sitepoint.com
Flippa.com

04) Domain Name Flipping -

You may not know that, Domain Names are the Intellectual Properties. They are the Real Estate of the Internet. A Domain can be worth of more than an apartment or a Commercial Property. The famous Domain Loan.com sold for US $ 3 Million in the Past…!!!!

Now, You are a Doctor so you have a good knowledge of Medicine. So You can invest in Medical Domain Names also and later on sell these Domain Names to another buyer for a profit. The Best Example is of Swine Flu. During the first occurrence of Swine Flu, many Internet Entrepreneurs have bought various Domain Names about Swine Flu and later on sold them for higher profits on eBay, Sitepoint & Flippa.com

05) Develop a Successful Website/Forum/Blog & Sell it -

Another way to make money from the Internet is, You can develop a Successful Website, Forum, Blog on any Medical Topic, grow the web traffic on it and later on sell it for higher profit. One of my Junior friend who is in his MBBS is doing this. Up to know he has developed several websites & Blogs related to the Medical Topics & Sold it for profits.

He develops websites about Childhood & Pregnancy, Fitness, Obesity, Crohn’s Disease, Mesothelioma, Diabetes, Heart Diseases and many more Medical Topics.

06) Develop a Facebook Application & Make Money -

You can also develop a Facebook Application about Medical field that can be useful to literally millions of people and make money from it. Of course, Developing a Facebook Application is not a job of a doctor because it requires the advanced knowledge of HTML. But you can always higher a code writer and make a Facebook application.