Making Your First Dollar Online

I can’t think of any better way to learn everything there is to know about internet marketing (for free) than to go through Ed Dale’s Thirty Day Challenge. You also get to take lots of action as you work through your favorite niche. I’ve been doing internet marketing and learning a ton about it over the years, but still managed to find great nuggets in that challenge.

Some of the key points are:

• Make Your First Dollar – You can’t make a million dollars without making a dollar first. If you can make a dollar then you can scale up these efforts to make more money
• Understand Your Market – you can learn a lot about your market using free tools like Google Reader to pull in articles, videos, blogs about your market niche
• Find a product that sells – before expanding too far into content creation make sure your product sells (or find a converting affiliate offer).I wouldn’t create my own product until I can sell a large quantity of someone else’s product.
• Dominate Your Market – become a market leader by understanding the market and adding to the conversation. Add videos, articles, blog posts to your market niche. In other words, add value

So go make that first dollar online! And let me know how it’s going.