How to Become an Internet Millionaire (6 Steps)

Explore e-commerce. You can do this by selling your own product or service directly or by finding things you want to sell through an affiliate program, where you earn a percentage for everything that’s sold through your site. Companies such as Clickbank, the leading retailer of digital products, allows you to choose the products you want to feature on your website or blog and earn a commission for each one that is sold there (see Resources below).
Work on passive income. This is definitively key to earning large amounts of cash with minimum effort, which frees you up to work on other projects at the same time. Residual income simply means money that comes in without you having to work for it, such as earnings from a rental property, royalties from a book, earnings from advertisement and interests from securities and other bonuses. Passive income can also come from selling your own digital products through Clickbank by uploading the work and allowing others to promote it for you.
Set up your own website and sell advertisement. Revenue programs like AdSense can get you started until you have generated enough traffic to get paid advertisers in your site. Selling ad space is actually one of the top money earners for blog and website owners. Companies such as Smorty will allow you to promote your blog and match you with potential advertisers willing to pay what you're asking (see Resources below).
Teach others what they want to know. Some of the top online earners are coaches or experts who are teaching others a set of skills highly in demand, such as becoming a writer, losing weight or earning money from home. Most of these programs are automatic, which means your only job would be to promote the links, and wait for people to buy in.
Think long term. Any program that promises to make you an online millionaire in a short time is probably a scam. Instead of going after quick-rich-schemes, work your way through by investing time and effort in things that will generate income for a long period of time.
Blog. Many of the current internet millionaires are actually bloggers. Paula Neal Mooney’s annual list of millionaire bloggers offers a breakdown of who is making money online and how. Examples include people offering free website templates, an online dating site and a Q&A blog. All these people are earning over a million dollars a year using advertising as their main revenue source. Free blog platforms such as Blogger are great to get started or you can buy your own domain name and set up affiliate links and other advertising not allowed on free blogs.
VPS Hosting

How to Create Passive Income

Raise your money consciousness. To create passive income, you need to think about money in new ways. Be willing to explore avenues that you may not have in the past. Read books and consult experts if possible. Stay open-minded and upbeat.
Invest in rental property. This is probably the most common way to create passive income. Look into programs for first time buyers or real estate investors to help you get started. Don't worry if you're not in a position to pursue this option; there are other opportunities to create passive income.
Sell information products. Everyone is an expert on something. Leverage what you know. Marketing your own info products requires little to no startup cost and has major returns. You can also market other people's information products.
Become a network marketer. There are many programs available. Take the time to weed out scams and find the best program for you. Be sure to get involved with something you truly believe in.
Put your money to work. Don't overlook the importance of managing your money. Check out high-yield savings accounts, CDs, mutual funds and other investment vehicles.
VPS Hosting

How to Make Extra Money Without a Job! (4 Steps)

Invest a set amount of money per month in a savings account or with a web-based or full-service broker. Even a minimal investment of $100 per month in a standard savings account earns several dollars in interest at a rate of 1 percent annual percentage yield (APY) during the first year, and the interest earned increases every year as your monthly contributions add up. A broker may help you get even larger annual earnings through investments in the stock market, but an element of risk is involved.
Buy and develop a rental property to earn additional money. When property prices and interest rates are low, you can purchase a property and earn enough rent to pay the mortgage, taxes, insurance and upkeep costs on the property while also earning tax deductions that will offset a portion of your rental income.
Start a small business. A small business only requires the amount of effort you want to put into the business, unlike a traditional job that requires you to work on your employer's schedule. If you have a passion for a particular craft or marketable item, multiple online venues exist to help you market your product or acquisitions without a large overhead investment.
Contract your talents and abilities out to others as a freelancer. If you write, draw, design graphics, take photographs or build websites, you can work as an independent contractor instead of an employee for clients you obtain through physical or online networking. People or companies without the desire to complete certain tasks independently prefer to outsource the work to third parties for a set fee and save time and effort within their own business.
VPS Hosting