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Making Money Online

Step 1: Find people who want to buy something... What does this mean? It’s a huge mind shift. Think about it. If you’re like me, you probably thought that you had to write the best eBook or create software that people can’t live without based on your personal knowledge. For a newbie, that’s the fastest road to failure. Do NOT create a product first! Imagine how demoralizing it will be to spend a big chunk of time and even more money creating something you think people want only to find that…well, you were wrong! That’s when most newbies quit and declare there’s no money to be made on the Internet! Yet, some people seem to actually make six figures a year. Are they lying? What did they do? Find a market first! Your personal knowledge is an incredibly valuable asset that should be cherished. And yes, it will help you find potential markets. But it also colors your judgment. Don’t fall in love with your personal niche interests. Be open minded. Good marketers, according to Mark, start with market research, discovering common problems and providing the simple solutions. Mark describes it as “finding a pond full of fish.” Once you find a pond, then you must figure out what they are hungry for.