Showing posts with label Information Age. Show all posts
Showing posts with label Information Age. Show all posts

Saturday, September 11, 2010

Average Time To Get Rich in the Industrial Age

Average Time to Get Rich in the Industrial Age

Before 1990, It was the Industrial Age. And in the Industrial Age it was used to take literally two to three decades to get rich. Well, Yes. This is because it takes lots of human labour work to build a large industrial age infrastructure.

It used to take lots of human labour in the Industrial age to make lots of money. But well, Today is the Information Age. In fact, after 1990, because of the birth of the internet the industrial age gets over and the information age started.

And in the Information age, you can become rich at the speed of light. Well, Yes. This is true. It is because today the entire world is connected with the internet.

Just take the example of Billionaires like Larry Page (Google) who became billionaire at the age of 32 and Mark Zuckerberg (Facebook) who became the world’s youngest self-made billionaire in 2008 at the age of just 24 years only.

The Founders of Amazon, eBay, Microsoft & Apple corporation became billionaires in their thirties. It took just a decade to become a billionaire in the Information Age.

In fact, Mark Zuckerberg of Facebook became billionaire in less than 5 years of time.

Today Industrial Age is over. This is because the new entrepreneur can’t start his own business easily in the industrial age. This is because the Industrial age businesses require huge infrastructure and lots of investments.

And it is almost next to impossible to buy a real estate at lower price in today’s world. And that’s why day by day it is becoming more and more difficult for the start-up entrepreneurs to start their own industrial age business.

You can not start the industrial age business without lots of start-up capital. But well, starting the internet business (Information Age Business) requires very low start-up capital that even a high school going kid can also start his own online business out of scratch with just few hundred dollars of investment.

So This is the power of the information age and starting a business online.

Wednesday, February 17, 2010

Billionaire Teens

Billionaire Teens

This is the Information age and the Internet has changed the Capitalism of the world. Many high school going teens have started making literally 5 figure income every month from their Blogs, Websites and Internet Business.

Because of the Internet, now you can target any Niche or Market from any part of the world.

Here are the Top Teen age Bloggers under the age of 21.

These are the teen age bloggers who don’t have passed their 21 years of age even. Yes, They are in their teen age right now and they are making tons of money every month from their respective blogs. And Many of Blogs are worth of literally 6 figures in dollars if not the millions.

Now, just think that what will be the valuation of these teenagers’ web properties after 10 years of now? Many will become Billionaires in their life and if not the billionaires, most of them will become multi-millionaires in their lives.

This is the power of the information age. These are the teen age bloggers who are planning to retire at their 21st birthday. This is the power of the Information age and starting the web business early. People who have followed the principles of the Industrial age will retire at the age of 65 when they get disabled.

Now, You decide yourself that what do you want to do?

Tuesday, January 19, 2010

Get Rich Fast Ideas

Get Rich Fast Ideas

Many people search the Internet for the Get Rich Fast Ideas. And unfortunately the Internet is full of such kind of Information, Products & Garbage. Many Internet Marketers are selling their eBooks, programs and other kind of Information products claiming the get rich fast ideas.

First of all the Question is that, Do such kind of Ideas really work? And if yes, Than How?

Well, according to me most of the such kind of Information is bull shit. But well, not the all of the Information is a garbage about getting rich fast. According to me, the one and only secret/Idea of getting rich ultra-fast is the Internet Business.

And I will explain you this by giving you my own Example. Take the Example of this Blog. This Blog is my Internet Business and I have started this Business in March 2008 out of Scratch. Today after almost 2 years of Blogging, this Web Property is generating $ 100+ of Monthly Cashflow and the Valuation of this Web Property is Around $ 24,000.

Now, This means that I have created $ 24,000 in just 2 years out of an idea only. The Valuation of any web property goes up depending on the level of it’s web traffic. And thus, the Valuation of any web property goes high exponentially because the web traffic goes exponentially.

In fact, people who have followed the principles of the Information age will become rich faster than the people who will follow the principles of the Industrial Age means Go to School, Get Good Grades, Find a safe and secure job, work hard, invest in mutual funds and diversify, Save in Pension Plans and Retire at the age of 65.

The Internet will change the Capitalism of the world in the next few decades.

Read, Top 30 Young Bloggers under 21

All of the above 30 Kid Bloggers are under 21 years of age and they are planning to retire at the age of 21…!!!!!

Isn’t it Shocking? …But well…This Goal is realistic because of the Information Age. There are several money making Opportunities online. So Start building your Fortune on the Internet and you will get rich faster than anyone else.

Wednesday, January 13, 2010

How to Make Money Fast?

How to Make Money Fast?

This is the commonest query that people ask me. In fact, everybody in this world want to make money fast. Now, first of all my question is that, Is it really possible to make money fast? And if yes than How? And How much faster you can make money?

Well, I have gone through several money making ideas and opportunities. And after going through all of those money making ideas, I come to conclusion that the fastest way of making money is the Internet.

Yes, The answer is – The Internet.

I am telling you this from my own personal experience. I am not telling you this from someone else’s experience. But personally I have experienced that Internet Business is the fastest way to make money. This is because doing a Business on the Internet means you are literally connected to over 1.3 Billion people around this world. And this means a great money making opportunity for me.

The Valuation & Money Making Capacity of any web property (Website, Blog, Forum) is depending on it’s web traffic level. The more the web traffic of any web property, the more will be it’s valuation and thus the money generating capacity. And if you strategically do the Web Business, the web traffic goes Exponentially high.

Click here to see the web traffic levels of this Blog.

I have consistently grow the web traffic of this Blog over the time. If you use your mind than you can make money at the speed of light from the Internet. No other Business (Offline), Job & Self-employment can make money at this much of faster rate.

And that’s why I advise youngsters to start building their own Business on the Internet. If your web property doesn’t make much cashflow than also you can make huge money by selling it on online marketplaces like Flippa.com & SitePoint.com. This is known as making money from Capital Gains from your web property.

Take the Example of this Blog. The Valuation of this Blog is $ 24,000. This means that if today I sell this Blog, I can make $ 24,000 by selling this blog. Just one and a half years before, I had not started a Blog also.

Thus, This is the Information age and in the Information age it is really possible make money at the speed of light.

Saturday, January 9, 2010

Passive Income India

Passive Income India: How to generate Passive Income Streams in India?

If you don’t know What is Passive Income & How it works than first of all read my basic article, Passive Income Definition.

Now, if you have read and understand about the basics of Passive Income, let us discuss that How you can generate Passive Income stream in India?

Well, see. India is a world’s second largest country population wise. There are above 1 Billion (100 Crore) People in India which makes India, world’s second largest market after china.Here are the various ways to develop Passive Income streams in India. I will start from simple to advanced ways.

01) Interest Income: -

This is the simplest method to generate a passive Income. Here you work hard, make money, save vigorously and after that put that money in Savings Account, Fixed Deposits, Government Bonds, Debt Funds, Recurring Deposits, Post Office Schemes or any other Debt Instrument. The Interest Income will keep flowing in your bank accounts for the rest of your life.

02) Dividend Income: -

This is better than the Interest Income. Because along with the Income, it also gives you the Capital Gains. Here you work hard for decades to build a portfolio of dividend paying stocks. Acquiring dividend paying stocks is a one time hard work only. Many people are living on the income from their dividends portfolio only.

03) Rental Income: -

Here you have to acquire a rental property. Once you acquire the rental property, you can have a nice passive income flowing into your bank accounts. I advise you to buy a rental property in Tier-II cities of India such as Ahmedabad, Pune…etc… This is because rental properties are cheap there in comparison to Metros.

04) Become an Insurance Agent: -

You can also become an Insurance Agent with some reputed company like LIC. This Income is a passive income. Here you have to build a client list and sell the Insurance products to them. Once you make a new Insurance Policy, you will receive money every time when the policy holder renew his policy.

05) Internet / Online Income: -

This is the Best Income I have ever seen in my life. In fact, the Income from my this Blog Business comes from this way only. After the birth of the Internet in 1990, this new Income stream came into exist. And people from all around the world are making tons of money. But in India, people still don’t know about this new generation passive income stream.

You have to work hard at once only to develop the successful Blog, Forum or a website. Once you develop the successful Online Asset, your job is over. The tons of money will keep flowing into your bank accounts for the rest of your life. This is the Income stream of the next generation. And that’s why I advise youngsters to start their own Internet Business.

Thus, all of the above are the Passive Income India. You can focus on any one or more of the Passive Income.

Saturday, December 26, 2009

Virtual Property Tycoon

Virtual Property Tycoons: The Next Generation Tycoons

Let us today discuss about the next generation Property Tycoons. This is the Information age and the Internet is the virtual place to invest your money. In the next generation, you will see several virtual property tycoons in the world.

Even a High School going kids will invest in the Virtual properties and make their fortunes in their twenties and thirties. The next era will be of virtual properties and virtual businesses. People will invest in the virtual assets (Online Assets) to get rich at the speed of light.

The Virtual Property can be anything such as,

- Domain Names
- Websites
- Blogs
- Forums
- Facebook Applications
- iPhone Applications
- Virtual properties in 3D Games like Second Life & Ultima Online
- or anything else which is on the Internet.

It is quite possible that after a decade, some high school going kid can be the owner of a Million Dollar Virtual Assets in some 3D Games like “Second Life”.

It is quite possible in the next generation that someone who is in his/her twenties is the owner of a multi-million dollars valuation of Blog, website, forum or a Facebook Application.

You can not see the online assets with your eyes. You have to see it with your mind only. This is the era of Intellectual (Mind) work. The more mind work you do, the more money you will make and thus more richer you will get.

What I advise you as a youngster is that, you start learning the various Investment Opportunities on the Internet. This is because in the next era, all of us will have to invest our money on the Internet.

Tuesday, December 22, 2009

Money Making Ideas India

Money Making Ideas in India

This is the Information age and in the Information age, it is possible to make money at the speed of light. In the 1990, after the birth of the Internet, the Information age started and in the Information age, the Internet has changed the capitalism of the world.

Many people ask me that which are the money making ideas in India? To those, I advise that, start making money on the Internet. Because of the Internet, everyone can start making money from his home only.

There are so many money making opportunities on the Internet that you can never imagine that how big the Internet is. Everyday, literally millions and billions of people from all around the world are creating the new wealth on the Internet.

Say for Example, This Article. When I am writing this Article, I am creating a new wealth on the Internet. The Archive of this Blog is a Wealth. And everyday literally millions of people like me are creating new wealth on the Internet. And this wealth is growing day by day.

Many people around this world became rich by selling their Internet Fortune in their early thirties. And right now they are enjoying their life at Hawaii or Las Vegas Casinos. All because of the Information age and the birth of the Internet.

India is such a large nation with 1 Billion Population that, in the next decade, most of the India will be connected with the Internet. And this will boost the web traffic on your Internet Business by several folds.

I advise young entrepreneurs to start their own Internet Business as early as possible in their lives means Now…!!!

Saturday, December 19, 2009

Kids Flipping Domains

Kids Flipping Domains: It’s Better than School…!!!

This is the Information age and Kids are making faster money than the people of Industrial age. The future is of the Internet and you can make money at the speed of light if you have a knowledge.

Remember, It’s not the Assets or Investments that will make you rich in the Information age. But it’s the knowledge & Information about the Assets & Investments which will make you rich in the Information age.

I am talking about Domain Flipping. Domain Flipping means buying and selling domain names on sites like,

- GoDaddy.com
- Flippa.Com
- Sedo.Com
- SitePoint.com
- eBay.com

You can register a Domain name for as low as $ 10 and later on sell that Domain name for few hundred dollars to few thousand dollars to literally several million dollars. Famous Domain Names Loan.com, Car.com, Investment.com, Russia.com & Fund.com are sold for literally Millions of Dollars in the past.

Right now there are several kids in the world who are making lots of money every month by domain flipping. And they are still in the school. Domain Names are the Virtual Real Estate of the Internet & these Kids are Virtual Property Tycoons or Virtual Property Dealers…Whatever you want to call them.

The next generation is of Internet and you will see many Kids becoming millionaires in their teen age by domain flipping or any other Internet Business.

So understand the potential of the Information age and train your Kids accordingly.

It Doesn’t Take Money To Make Money

It Doesn’t Take Money To Make Money Anymore…

When I was in School, my dad used to say me that, It takes money to make money. By this, he meant to say that rich get richer by making their money work for them (Investments). And if you don’t have money, you can’t make more money because you can’t do Investments. In that case you have to do either a job or provide some professional service.

Well, This was the advise and the mindset of people before 1990 when I was in school. And it was a true advise. But after 1990, the Industrial age gets over and the Information age started and during the information age, this advise is no longer effective.

During the Information age, It doesn’t require money to make money anymore…..!!! In fact, it requires only an idea to make money and ideas are Free.

How?…Well, Let me explain you this by giving my own example. Take the Example of this Blog. This Blog is my Internet Business which I started in March 2008 with Zero Capital Investment. I have not invested a single rupee to launch this blog. Because it was on Blogger.com.

“My Journey To Billionaire Club” was an idea only. And today I have converted that idea into a Business. And today this blog is making well over $ 100 per month for me. This is the power of Information age. In the Information age, because of the Internet, it really become easy to make money.

It doesn’t require money to make money. Even a high school going kid can start his/her own business out of an idea only and make money from it. In fact, many high school going kids are making 6 figure income from their iPhone applications and Facebook applications.

The future of the world is Internet. And if you have an idea, you can make millions and Billions of dollars from the Internet. It doesn’t require any money…!!!!

Monday, December 14, 2009

How Do Facebook Applications Make Money?

How Do Facebook Applications Make Money?

Do You know that Facebook applications are great new asset classes and Investors invest their money in the facebook applications for higher growth. Just like any other assets such as stocks, bonds, gold and real estate, FB Apps are also the Asset.

Recently I have posted and Article: Facebook Application: Make Money From an Idea Only

In this article, I have mentioned the 3 basic ways to make money from Facebook applications in detail. Here are these 3 ways to make money from the FB Apps.

01) By Selling Advertisements

02) By Selling Virtual Goods

03) By Selling FB Application Itself

To read all of the above 3 ways in detail, read the above article. Facebook is a gold mine and many FB apps like Mafia Wars & Foopets are making literally millions of dollars every year by selling advertisements and virtual goods.

Social Gaming is growing like anything. And many Social Gaming Applications are making millions of dollars every year from their applications online. If you are the owner of the FB app than it means that you are the owner of one of the most precious asset online.

This is the Information age and in the Information age, you can become rich at the speed of light by developing something online like FB Applications…!!!

Saturday, December 12, 2009

The Future Billionaires

The Future Billionaires

Do You know that who are the Future Billionaires? Well, You don’t know right now that who are the future Billionaires but the future billionaires will be from the people who will be  in the age group of twenties and thirties.

I am talking about the Internet Billionaires. This is the Information age and it is possible to become a Billionaire in your twenties and thirties. In the coming decade, you will see many people from their twenties and thirties who will become billionaires from their Internet Businesses.

The Future is of the Internet & the Intellectual Properties. If you are the owner of any kind of Intellectual property in the information age than it means that you have a fair chance of becoming rich and even ultra-rich.

The future Billionaires will be teen age and people who are in their twenties and thirties only. This is because it doesn’t require money to make money anymore. It just require an idea to make money in the Information age.

Going to School, Getting good grades, Find a safe and secure job and retire at the age of 65 is no longer an effective idea to become rich and financially free. This is because it is now possible to retire in your early thirties also.

If right now some kid is owning a website, blog or a forum than you can never imagine that this kid is owning the asset that is worth of Billions of Dollars. Web properties have so much of growth potential. And in the coming years, you will see more and more young age Future Billionaires…

Friday, December 11, 2009

Free Secrets to Investing & Getting Rich

Free Secrets to Investing and Getting Rich by the Age of 30

Many people ask me the above query. They ask me that what is the secret of becoming rich by the age of 30 by investing?

Well, my answer is – By Investing in your own Internet Business

Believe me, This is the one and only way to become rich at this much of early age if you want to start from Scratch. If you have already received a large inheritance or lottery winning and you have millions of dollars to invest than it is a different thing.

But if you want to start from scratch and want to become rich by investing by the age of 30 than Invest your money in promoting your own Internet Business. This is because the valuations of Online Assets (Blogs, Forums, Websites) go high much faster than the traditional offline assets such as stocks, bonds, gold, mutual funds and real estate.

Those who have invested their money in starting their own Internet Businesses became very rich by 30 and many retired in their early thirties. In the Information age, (After 1990) it really became possible to get rich fast in your early age such as twenties and thirties.

This is because today the whole the world is connected with the Internet and that’s why if you start something online, You can put it in front of literally millions of eyeballs. Today You can sell anything via your website to whole of the world and make money at the speed of light.

Fastest Way to Become Rich in Internet Age

Fastest Way to Become Rich in Internet Age

What Do you think that which is the fastest way to become rich in the Internet Age? Well, it is – Intellectual Property.

If you own any kind of Intellectual Work (Mind work) than you can become rich at the speed of light in the Information age. Now, Intellectual work means mainly the Information. If you have Information about anything than you can become rich fast.

Say for Example, This Blog. I had all the Educational Information about Money & Finance. And that’s why today I am much more ahead of my other friends who are struggling hard in the medical field. I am not saying that you should have some top class information. If you have Information about Pets than also it will work and it is sufficient to make you rich faster than everyone else.

Blogs, Forums, Websites & Applications (Google, Twitter, Bing, Facebook) are the Intellectual properties and their owners are multi-millionaires and even billionaires. Owning an Intellectual work is the Biggest asset in the Information age and if you combine your Intellectual property with the Internet than the sky is the limit.

What I advise to young people is that, Create your own Intellectual product. Use your mind hard rather than working hard physically. Most of the people in our world struggle financially because they work hard for physical labour. But people who have worked hard for the mind labour are more financially success than everyone else.

Thus, Combining your Mind’s labour with the Internet is the fastest way to become rich and even ultra-rich in the Information Age.

Thursday, December 10, 2009

Quick Ways to Become a Millionaire

Quick Ways to Become a Millionaire

This is the information age and it is really possible to become a millionaire quick. Well, I am not talking about Inheritance or Lottery winning. I am talking about those quick ways of becoming a millionaire that anyone in this world can apply.

Well, I am talking about the Information age and the Internet Businesses. After 1990, The Industrial Age gets over and the Information age started and in the Information age, it really become possible to become a millionaire quick because of the Internet.

People born after 1990 have started building their wealth, Business and Investments on the Internet. Unlike Industrial age people who used to retire at the age of 65, The Information age people started retiring in their twenties and early thirties. Can You believe that, Because of the Information age, It is now possible to retire in your thirties and forties also.

Internet Businesses grow at so much faster rate that they have the potential to make you rich in very young age. Internet Business is the Quick way to become a millionaire and financially free in comparison to the Industrial Age way. However, I am not saying that it is easy.

This is because it requires a lots of hard work (Mind’s labour work) to develop a successful Internet Business. Anything such as Blogs, Forums & Websites can;t grow without the full-time involvement of the founder. Many people think that to become a millionaire, they simply have to launch a Blog or a website and sit back. People will keep visiting back again and again and buy those items from their website.

But well, This is just a Myth. The Reality is that, You will have to work hard behind your Blog, Forum or website to make it a profitable Internet Business. There is no alternative of hard work. So if you really want to become a millionaire quick than start your own Internet Business from Scratch.

Believe me, You will become a Millionaire very faster than any other way in this world.

Wednesday, December 9, 2009

Russia.com sold for $ 1.5 Million

Sedo Geo Domain Sales: Russia.com sold for $ 1.5 Million

This is the Information age and in the Information age, the new asset class is the Domain Names. Yes, Domain Names are the real estate of the Internet. Just like Real world real estate, Domain Names also appreciate in its price.

The only difference between real world real estate and Domain Names is that, Domain Names are Digital in form. They are Virtual so you can’t see it. But it doesn’t mean that they don’t have Value.

Recently Russia.com sold on Sedo’s Marketplace for literally $ 1.5 Million which is the second largest Geo Domain Sale in the year 2009. The largest Geo Domain Sale was Korea.com which sold for $ 5 Million in 2000.

Geo Domains are in very high demand because of their unique nature. Traditionally Geo Domains have been purchased by,

- Media Companies &
- Tourism Board

Thus, Geo Assets are one of the most valuable assets on the Internet. And there is a great scope for developing geo domains.

The Future -

In the Future, Just imagine that what will happen if a High School going kid owns a more valuable web property (Domain Names) which is more valuable than the Real Estate or Rental property owned by a Doctor?

This is quiet possible. You can never imagine that even a school going kid can own an Asset in his/her school life which can be worth of literally Millions of Dollars. This is the advantage and the future of the Information Age Kids.

Sunday, December 6, 2009

Business Ideas with 120% Annual Return

Business Ideas with 120% Annual Return

If I say you that, I have a Business Idea that can give you 100%+ annual return than you will think that I am crazy. This is because the Financial Planners and Finance Gurus will advise you to be realistic and expect realistic returns of not more than 15-20% per annum from your Investments right?

But well, This is not true. This advise was 100% true before 1990, means before the birth of the Internet when it was the Industrial Age. But today this advise is no longer effective. Today Business having 120% returns is possible.

Well, the answer is – The Internet Business

I will give you my own Example and you will understand that What I want to say you. Well, See. Take the Example of this Blog. This Blog is my Internet Business and I am it’s CEO. Now last year, this Blog has grown 10 times in the web traffic and its Income from Google AdSense.

Now, That means that “My Journey To Billionaire Club” has Grown by 1000% during the last year…!!!!

Well, This is not because I want to impress you. This is a truth. You can go to About this blog category and red the article about that. So What it means? Well, it means that the information age has the potential to make rich.

Not only this but the Internet Businesses have a tremendous potential to grow during its initial phases. Many Internet Businesses can grow as high as 1000% per annum also. And that’s why I advise the youngsters to start their own Internet Business as early as possible in their life. So that they can be financially free.

Wednesday, December 2, 2009

Age of Millionaires in USA

According to the various studies on millionaire households in USA, there are around 3.5 Million Millionaire households among 100 Million total households in USA. And according to this study the average age of the millionaire in USA is late forties or early fifties.

And most of them are first generation millionaires. Well, now this statistics is about the people from the Industrial age (Before 1990). But if we talk about the Information age (After 1990) than the scenario is different.

Because of the birth of the Internet, now more and more young people are becoming millionaires and even billionaires in their early age groups. Take the Example of the founders of Google, Facebook, Amazon, Microsoft & eBay. All of them became billionaires in their early thirties.

This is the power of the Information age. You don’t have to wait until your retirement to get rich. This is the information age and people are retiring in their thirties and forties. And people started becoming millionaires in their twenties and early thirties.

So What I advise to you is that, Start your fortune on the Internet. This is because now whole the world is connected with the Internet and it is now really possible to get rich in your early life with the help of the Internet.

Affiliate Billionaire

Affiliate Marketing Billionaire

This is the Information age and it is now possible to make fortune in very young age by using the Internet. There are several Business, Investments and money making opportunities on the Internet and one such Business Opportunity is Affiliate Marketing.

In Simple words, Affiliate Marketing means Selling other people’s products (Or Services) from your web property (Blogs, Forums, Websites) and earning commission for every sale you make.

Many people are making 6 figure Income every year by affiliate marketing while many people have made literally tens of millions of dollars from the affiliate marketing. And these people are in their twenties and early thirties only. The best thing about the affiliate marketing is that, you have to work hard at once only. Once you develop a system for affiliate marketing. That’s it. Even if you sleep or travel the world after that, you will keep making money.

And because of this passive nature of the Affiliate marketing, many people are now living retired or semi-retired life in their young age. Up to now, many people have made millions of dollars from the affiliate marketing. But nobody has yet made a billion dollars from the affiliate marketing.

This is because nobody has developed a dot com company of only affiliate marketing and taken it to the public. Billion Dollar is the valuation of the asset mainly the valuation of publically listed securities (Shares & Bonds). If someone is making millions of dollars every year from the affiliate marketing and if he/she develops a business around it and later on take this Business to the public than it is quiet possible that we can see the Affiliate Billionaire in the future.

But right now, there is not a single affiliate billionaire in the world.

Tuesday, December 1, 2009

Next Generation Money Making Ideas

Let us today discuss something about the Next Generation money making Ideas. Well, I am not talking about making money from the high paying professions like Doctors, Lawyers, Actors, Cricketers or making money from traditional industrial age businesses or from Investments.

I am talking about making money from the Information Age. I am talking about the generation who born after 1990 and has seen the world through the eye of the internet only. Because of the birth of the internet and the information age many millionaires and billionaires born and will be born.

People who born in the Information age or who have followed the principles of the Information age will make money at the speed of light. This is because of the power of Internet. Because of the Internet, the next generation will make money at the speed of light.

In the next generation, even a high school going kid will make more money than a doctor. In fact, right now many high school going kids are making more money than a doctor from the Internet. This is the power of the Information age.

In the Information age, it just require an idea to get rich. During the Industrial age (Before 1990), it used to require money to make money. But now, the next generation will make money from an idea only.

Take the Example of this Blog. I have started “My Journey To Billionaire Club” out of an idea only. I had not invested any capital to start this blog. And still I have made my fortune from this blog. Now, what I want to say you is that, the next generation will make money very faster than the current generation. It will be very much easy for the next generation to make huge money in their twenties and thirties and retire in their early life…!!!

Wednesday, November 18, 2009

How to Start an Internet Business?

How to Start an Internet Business?

After 1990, The Industrial age gets over and the Information age started. And during the Information age, people started doing their Businesses on the Internet and thus more and more young people started becoming rich and ultra-rich in their twenties and thirties.

Now, I receive this query almost several times a week and that is - “How to start a profitable Internet Business?”

Well, the answer is very simple – You just require a real estate on the Internet to start a Web Business. Once you buy the Real Estate, That’s all. You can start any kind of Business on the Internet you want.

Don’t get it? Ok. Let me explain you in the detail. I told you that you require a real estate on the Internet just like the real world to start your own Business. Well, it means that you require 2 things first to start your own Internet Business.

01) Domain Name (Yes, This is the Real Estate of the Internet.) &

02) Web Hosting (Here the Data of your site will be stored).

Now, How to Buy a Domain Name? -

GoDaddy.com is the marketplace to buy a Domain Name for your Internet Business. You have to pay $ 10 every year to buy a Domain name. First of all you have to check the availability of the Domain name. When I first time registered the Domain Name for my this Blog Business, MyJourneyToBillionaireClub.com Domain name was available and thus I registered this Domain Name.

How to Buy a Web Hosting?

HostGator.com is the site to buy a Hosting for your Domain Name. You can start from lowest monthly plan and that is $ 5 per month approx. However, if you start a Blog Business than you don’t require to go for Web hosting at all. This is because You can simply use the Free web hosting service of Blogger.com (Google) and use GoDaddy.com Domain Name.

Now, Link your Domain Name with the Web hosting server. Technical details are mentioned on both the GoDaddy & Hostgator.

Once you link your Domain Name with Web Hosting, You are done. Your Internet Business is live.

Which kind of Internet Business you can Do?

Well, there are several kind of Internet Businesses you can do. Here is a list of popular Internet Businesses that you can do.

- Blog
- Forum
- Website
- e-Commerce Store
- Articles Directory
- Link Directory
- Social Network
- Dating Website
- Product Review Website
- Auction House
- Social Media
- News Website
- Membership Site
- And many more….!!!!

There are lots of Internet Businesses that you can chose from. Once you master with buying an online real estate (Domain Names) and connecting it with the web host, You can start as many Internet Businesses as you want according to your budget.

Believe me, Starting an Internet Business is the most difficult part in your online success. The rest is very easy such as running your Business, marketing it and making money. You will just have to be persistent for your Internet Business once it is started and that’s it. You are Success….

I advise young college and school going students to start their own Internet Business as early as possible in their life means Now. This is because the earlier you will start, the earlier you will become rich.