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How You Can Make Money by Sharing Business Ideas

By Nicole Dean

People all over the world are facing tough economic times. While it can be easy to get worried by financial woes like almost everyone else, you can instead chose to view our financial climate as a positive thing -- an opportunity even.

How could this economy be an opportunity? Because of how many layoffs and downsizings there are right now, there are a lot of people who're looking for different ways to make some money online. More importantly, they're looking to learn how to do it without spending a lot of money. Since learning to make money online is becoming such a huge market, you can easily turn this into a money making opportunity yourself. You can help others make money online while you yourself make money helping them learn.

How do you do that? Here are several ways.

Build a Blog or Website Community

Because people looking for money making ideas is such a hungry market already, you can very easily tap into that market and profit by creating a blog, website or online community. It's very easy to find or come up with a wide range of business ideas people can use to start businesses, especially for those on a limited budget. By creating this internet community, you would be adding a valuable resource by giving your visitors a place where they can talk about business ideas.

It's easy to make money by providing a range of business ideas, especially the ones that can be started on a shoestring budget. You can also add a community aspect to your website by allowing your visitors to discuss business ideas on a forum or blog comments section.

Once you have your website, community or blog up, you can make money several ways. The simplest way is to display advertisements from Google's AdSense program. Another approach is to make money by selling other people's products and collecting a small commission. More on that in a moment. There are many other ways you can make money by sharing business ideas. For example

Put Together Your Own Downloadable Product

Millions upon millions are made through selling eBooks about business. Although it can be tough to compete in larger industries like "How to make a website," it's quite easy to make a name for yourself in smaller industries with a good eBook.

It takes a bit of work upfront to create an eBook. First you need to brainstorm a good idea to write about. Once you have your idea, the next step is to spend time writing your eBook or recording an audio eBook. After your product is complete, then you can make a website or blog that's designed to persuade your visitor to buy.

Once you start to sell your product, then you'll need to provide customer support as well as continually market and promote your product.

The great thing about the online format is that you don't have to ship anything or print anything. Everything is easily downloaded to your buyer's computer.

However, if that sounds like a lot of work, an easier alternative is to

Sell Business Idea Products Through Affiliate Programs

Even if you don't want to go through the process of creating your own product, you can still make a lot of money by selling other people's products instead. Most other entrepreneurs who create products that teach how to start businesses have what's called an "affiliate program." These are programs that will pay you as much as 50% of the sale price when someone you refer buys a product.

One of the best things about referral marketing (also called "affiliate marketing") is that you save yourself the effort of making your own product. You never have to worry about customer service or fulfilling orders. The only thing you're responsible for is directing traffic to a website using a special link. If you enjoy telling family and friends about new restaurants, movies or products you like, then this could be a great way for you to make some extra money online.

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