Making money online and offline usually requires some strategic thinking and planning ahead. Investing is a field that provides several useful insights one can apply to the business of earning money from online websites and properties.
In finance terms, investment involves the purchasing of securities or assets in money markets with the hope of getting monetary returns through future cash flow.
When used in business management parlance, investment generally refers to the purchase of assets (technology, machinery, patents etc.) to develop positive income.
The basic principles here apply to each blogger, webmaster or online entrepreneur; To be successful, you need to invest and reinvest time and money on positive online assets and monitor costs/profits, while planning ahead.
Take a quick look at all your websites or online businesses to see if each of them are profitable. Are they bringing in more money than they cost in terms of time and expenses? What is their projected income?
If you’re primarily trying to earn a living online, there is no point in owning websites which do not make money. Consider cutting your losses and recovering your invested expenditures by selling or giving these sites to others.
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