How Not To Make Money Online (Or Anywhere Else)

Here are a few tips on how _not_ to make money, and underneath each one, the smart thing to do instead.

1. Follow The Herd.

By the time you hear about it, it’ll probably have peaked. The time to grab a niche is looking around you, seeing what people are looking for, and giving it to them, fast. Not recommended: Multi-Level Marketing (MLM), Internet Marketing, eBooks, Paid-To-Surf and High Yield Investment Programs (HYIP). These will all make money for the guys running the show, not you.

Do your own research. Internet forums are full of the past, not the future. You can learn your trade, but not the latest wheeze. You think if someone’s got a really sweet idea they’ll blab it in a forum? Only if they’re vain or stupid. Or they’ve already made their bit, the idea is washed out, so they make one last profit by getting the newbies excited about it.

By the time you hear about it the herd will have spammed the hell out of it.

2. Not Following The Herd.

Sometimes the herd is heading over a cliff. Sometimes it’s heading to green pastures. You can’t start a revolution on your own; it’s too much...