Open Mic Monday: Spend Money to Make Money
Some people believe that in order to make money, one must spend money. I believe this to a point.
One great thing about establishing a money making venture on the web is that we can actually minimise our working capital. Back when I was doing eBay, for example, my seller’s fees often were just between US$20-100, even if I was making $300-1000 a month. To make money off websites or weblogs, my main costs were only domain names and server fees (approximately $100-150/a year per site, or less).
What about you? What do you spend on to make money online? Do you pay for your own domain? Your own web host? Do you have a merchant account? Do you pay affiliates?
Related Stories
POSTED IN: Open Mic for Online Money
4 opinions for Open Mic Monday: Spend Money to Make Money
kala bharath
Jul 9, 2007 at 4:13 pm
Good post worth considering
Alfa
Jul 9, 2007 at 6:26 pm
I do pay for hosting and domain names. I also outsource web content writing, so I pay writers for me to earn some commission.
jane
Jul 20, 2007 at 5:57 pm
Well this page seems to be interesting:
how-to-make-money-online
Surya
Nov 25, 2007 at 9:36 am
Do i have to make some advertisement to promote my site? I think the cheapest price still on having a comment to other friends blog.
Have an opinion? Leave a comment: