So, What do You Want to Do? (3 Questions to Help You Choose Between an Online Job and an Online Business)

So, now that you know that making money without spending money IS POSSIBLE; how is that that you want to earn money? although there are many different avenues to earn money from, the biggest two categories of earning money online are from "Online Jobs" and "Online Businesses". How do these avenues differ? Lets explore each further...

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Online Jobs

These are contracted positions with an individual (like in freelance work) or a company (such as a virtual call center position) You would apply to these positions just as you would a traditional work position; showcasing your qualifications, talents, and achievements related to the position. Then, if chosen, you would be contacted with further details about the position such as the duration of the position, your responsibilities, and how much you will be paid.

The advantages of having an online job is that the job base is just as wide (if not wider) that the traditional job market. There are positions for almost any computer skill one has.

Also, once you obtain a position online, you know from day one when you will be paid and how much. Many online jobs pay just like traditional jobs; either weekly or bi-weekly. This should all be described in your contract details, which should be read before accepting the position.

The disadvantages to online positions are that, for certain positions, one most have documented online experience; regardless if they have had extensive experience with the same skill in the traditional job market.

Furthermore, although with some companies there are opportunities for advancement; many positions you will find are short term contracts; especially so with freelance work. This means that for some time in the beginning, you will be in constant search for work until you can find a long term, contract or position.

Finally, you may be qualified enough for a position you've applied for, but your computer may not be. In the case of virtual call centers, you may be required to run certain software on your computer to work with the company. If you computer doesn't have the space to house the software, if it cannot support the software, or does not have the processing speed to run it, this will exclude you form getting the position.


Online Business
This option is growing more popular, despite the recent changes in the US economy. Unlike a traditional brick and mortar business, where one may have to worry about franchising, product, and/or overhead costs; one may start an online business for little or even no cost out of pocket.

The advantages to starting an online business are that you can start a business based on any neich you can think of. If you can't think of a business to start, there are plenty of affilate marketing opportunities where you can promote another's product or service, andearn a commission for each sale or sign-up you bring in.

The disadvantages are that it does take quite a bit of work to earn consistently from online business; even more if you decide to create your own business from scratch. You must create a website to showcase your product or services (this is usually provided for you with affiliate opportunities). Then, you must promote you opportunity throuig advertising, marketing, and networking; all of which will cost you time, money, or both. And for all your efforts, it may be some time before you see the monetary reward for your efforts.

Although affiliate marketing can give you a slight advantage over starting a business from scratch; depending on what tools and training the opportunity offers, and how popular the opportunity brand name is itself; affiliate marketing is not without its pitfalls.

After taking care to choose an opportunity one is truly interested in, beyond the earning potential; one must do thorough research on the company itself, to ensure that it is a reputable one, and will not disappear overnight. Also, one shoudl read the payment structure of the opportunity, to make sure it is understandable and realistic, and to also ensure the person signing up is able to commit the action necessary in order to create a commission, and feels the commission paid for that action is worth the effort.

Finally, what you earn is dependent soley on you. This is both the blessing and the curse of online business. The potential earnings can be great if one works diligently at learning and implementing effective advertising and marketing tactics, if they spend time to research their audience, and gear their efforts to interest them. On the same token however; if one does not put the effort necessary into marketing and advertising their opportunty, then one will see very little in return.

To sum up this comparison, online jobs require a little more work to obtain; however once you do, the payments are steady and guaranteed as long as you complete the work satisfactorily. Online Business can bring you greater income than an online job in the long run; but they require much more work and dedications than online jobs as well, and they may take longer than the former to see any returns.

To decide which is right for you, ask yourself these three questions:

  1. Would I rather have a steady income at a set rate; or do I want to be paid based on my efforts and hard work?
  2. Would I rather have a set list of instructions I must follow in order to be paid; or am I comfortable in creating a plan for myself and following it?
  3. Am I comfortable working for another person, or would I rather work for myself?
Answer these questions, and you will know which is right for you.

Sorry for the delay all, have had a lot of things happen at once, not to mention th eoff based posts I made recently *blush*. I shoudl be posting a little more often now, especially since we're so close to the meat and potatoes of what I want to do here!!!

The next post is one of the most important posts I will make on this blog: GETTING PAID!!! I mean, everyone's bottom line of earnign onoine is the MONEY, and how to get it, am I right?

But before I do that, you know what I need. Yep, you guessed it, 5 comments. I've been lenient on you recently, but now I really need to know how helpful these posts are to you, and what do I need to change to make it better. Plus I see a couple new faces following the blog, I would love to know what you guys think! Everyone else that has been here too! I'll see you all soon