Having an online internet home based business is like having an income generating business that you could manage and access anytime, anywhere.

It is a real business wherein you can earn as little as $200 /year or as much as $10,000/month.

When you say online internet home based businesses, I would like to classify them into two things that you would easily understand.

1. Active Income Internet Business

and

2. Passive Income Internet Business

Active Income Business allows you to make money online immediately but the minute you stop doing it, your income also stops. Examples for this types of businesses include:

Paid Online Surveys
Website Design
Graphic Design
Search Engine Marketing
Online Tutor for different subjects
English language tutor

Active Income Internet businesses allows you to generate income almost immediately, you can even go to www.odesk.com and be hired as a freelancer if you have certain computer and internet skills.

I would advise that you start with some form of active online internet income stream. The earlier you start, the earlier you will reach your goals. Being hired as a freelancer in odesk could earn you as much as $1000-2000/month. It depends on the project and your ability to finish on time. You can take up to 2 projects/month and gradually increase. Make sure that you only deliver quality work because odesk is community driven. Your reputation as a good worker or bad worker will surely be the key to success in freelancing.

Another way to have active income immediately is by signing up for paid online surveys, the cost is Free and you would only need to answer surveys that they will send through your email. Certainly you won’t make millions using just 1 paid online survey but there are several online survey sites that you might want to join and increase your earnings exponentially.

Check out other paid online survey sites

Now, let’s go to creating Passive Income through Online Internet Home Based Businesses.

According to Robert Kiyosaki, the author of Rich Dad and Poor Dad, the secret of the Rich is accumulating passive income streams, then using this income to buy more assets which creates more passive income streams! In his book, Rich Dad uses Real Estate.

For the first time since the revolution age, it is now easier to get out of the Rat Race and create multiple passive income streams. With the Internet, Multiple Millionaires have been creating passive income over and over again.

One of the most famous internet millionaires is Ewen Chia who started in 1997 promoting other people’s products. He has now become famous and synonymous with work from home and make money online opportunities. Or maybe you have heard of the famous KIDBlogger who started blogging at 13 years old and has been an Internet Millionaire ever since. His name is Carl Ocab. Personally I have also met Ian Del Carmen who is the CEO of Fireballplanet.com and Jomar Hilario an acquaintance of Bo Sanchez who also made his first millions through blogging.

So, how did this people created a semi-passive or passive income online…

Through Blogging and Affiliate Marketing

So what is blogging? It is essentially a website wherein you post updates about any “niche” that you want.  You can make money in several ways through blogging:

1. Make money with Google Adsense – Check out my post
2. Make money selling Affiliate products – Check out my post
3. Increase traffic to your site then Sell your website.

Affiliate Marketing is selling other’s people’s products through the Internet. I have easily made $200 within 2 days through affiliate marketing and if you would like to know how I strongly recommend that you subscribe to my Free Ebook

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