It’s that time, again… to dispel (or re-affirm) some more myths about making money online.  I believe that it’s important that you know what you are getting into before you dive in head first.  By knowing what you are getting into ahead of time, you are more likely to succeed, if you give internet marketing an honest go.  Let’s get started.

1) You have to spend money to make money.

When it comes to making money online, there are both free and paid methods to make money.  However, in order to learn the knowledge and skills you need to implement whatever method you choose will probably cost you so money.  It’s like paying for education.  You invest money in yourself, and the knowledge you acquire enables you to make more money down the road.  Courses that teach you how to make money with free methods, are relatively inexpensive and allow you to earn back your investment in a short time.

2) Paid methods are better than free methods.

This is perhaps one of the biggest misconceptions out there.  Just because you spend money doesn’t mean that you will make more money or make money faster than someone who uses free methods.  In fact, a lot of people say they lose money before they make any.  It’s not about the method you choose.  It’s about taking the time to learn the methods and how effectively you put them to use.

3) Is it really possible to “make money while you sleep”?

In short, the answer is yes.  Here’s why.  Internet marketing is a numbers game.  In order words, the more stuff you have out there, the more money you stand to make.  Since you are promoting things people are already looking for, the income will become “automated” — without you having to do anymore work ( as long as the traffic volume for whatever keywords you get ranked for stays the same).