The Single Most Important Rule To Making Money Online

by paulmccarthy · 32 comments

This is a guest post by Paul McCarthy who teaches people about making money online at his website

I’ve been meaning to write this post for a while now because I see so many internet marketers with potential gold mine web sites at their disposal but they just aren’t using their assets effectively!

In this article, I’m going to tell you the strategy for making money online – and believe me it’s not rocket science, but it does take a bit of hard work and dedication to pull it off.

making money online

Making Money Online is a Skill That Can Be Learned

The thing about making money online is this – hundreds of thousands of people do it every single day…The process is tried and tested.  There is no need to reinvent the wheel.

Back in the early days (in the mid to late 90’s) when internet marketing was far less mainstream it was a much more trial and error process to make money online.  People like Tom Hua and Brett McFall (creators of the World Internet Summit) were spending day and night trying to figure out how to make money online.  They had no previous reference point, nobody to turn to who had done it and “got the T-shirt”.  These guys were the pioneers.

But today, the online money making system is far from new…All we need to do is take the time to learn the system and then implement it – that’s it!  If people spent less time looking for “opportunities” and more time going back to basics and learning the way that all the top online marketers generate their income then they would have far more success.

So, What is the Online Money Making System?

Now, before I get into this section, there are most certainly many ways to skin a cat.  The way I’m about to teach you is one that will provide most security, is widely used by all the top marketers and involves building your own online assets…

So here’s the system:-

  1. Find a hungry market of people.  Please note, we are not looking for a product at this stage, just a hungry market of people who have a problem they want solving.
  2. Create a web site.  This can be a blog, a one page web site (otherwise known as a squeeze page) a wiki – it doesn’t really matter what the site is.
  3. Build an email list.  Using the site that you’ve just built, try to get targeted prospects onto your email list.
  4. Build up a relationship with your list by sending your subscribers lots of valuable information.
  5. Find products that genuinely help subscribers overcome their problems and promote the products for a commission (or you can create your own and take the full whack)
  6. Optimize the system so that it converts highly and then focus your time and energy on driving traffic to the web site.

And that’s really all there is to it in a nutshell.

What Does This Mean to You?

This means that if you’re a complete beginner, don’t know how to build a web site and are completely new to this business then you’ll need to either learn the skills or outsource the tasks at sites like  If you already have a web site that’s getting traffic, then it may just be a case of analysing your profit funnel…

And what do I mean by that?

Well, the 7 figure incomes are generated by internet marketers who understand that the real money is in creating a full fledged profit funnel of products that range from low end to high end.  Now in some niches you have to be creative to set up a fully fledged profit funnel, but in many of the competitive wealth and self improvement niches it is often very easy to find products ranging from $37 ebooks right up to $2997 coaching programs.

Let me assure you that when you start promoting (or offering your own) high ticket items in your profit funnel, that’s when you’ll notice a huge change to your bottom line income.

The Main Reason People Fail

It all comes down to the mindset and failure to stick to any given strategy.  The strategy that I’ve just given you in this article is a tried and tested, proven strategy.  But many people will still not see it through to completion.  They will stick at if for a few weeks, start to get disappoint when sales don’t flood in immediately and give up.

Don’t be that person…

If there’s one thing you should take from reading this article, it’s this: your mindset is your most valuable wealth creation weapon.  Put yourself in an abundant frame of mind, provide value, help people solve problems and the wealth will flow to you.

Focus on the wealth from the beginning and you’re pretty much dead before you’ve even begun.

About paulmccarthy

Paul McCarthy is a full time internet marketer and teaches people how to make money online at

has written 1 superb article(s) on this blog

Jeen Hao July 25, 2010 at 5:06 pm

Most of the internet marketers fail in internet businesses because they give up after failing to make money.

Fail to make money online doesn’t mean that one will keep failing after that. Results will come gradually if things are being done consistently. If you give up, you’re failed forever; and this is why most internet marketers fail.

List building is the easiest way to start making money online. Nowadays we have PLR ebooks, sometime they come with squeeze pages too. It’s no longer a problem for newbies.

Sandeep July 26, 2010 at 4:22 pm

Nice article! “your mindset is your most valuable wealth creation weapon.”, well said.

Nick August 3, 2010 at 4:30 pm

Making money online requires much effort and there are many pieces to that puzzle. Having a great list is important to keeping your brand out there and in peoples faces, however there is something to be said about hard work, getting your hands “dirty” so to speak and watching your business become a success. To be successful online, your business needs to have a proper online presence, a great optimized site, business profiles and a blog to name a few, and yes of course, your email list to go along with it all.

Kathleen August 6, 2010 at 2:11 am

I still haven;t taken the mailing list plunge – I just don’t think it is right for my website, at least not yet. I make OK money online now, and I’m not sure how a mailing list will improve that.

Usama September 30, 2010 at 5:38 am

Need=Product. See what is wanted and then provide it.

Kevin Cox February 22, 2011 at 3:35 am

Great points, but I believe that strongest part is developing that relationship. And it’s not that hard to do. Give, give and give some more!

Mike@Making Money Online May 1, 2011 at 9:03 pm

I agree with you, all of you, making money online is not so tough but we need to know the exact way of making money online toward that we shold be confident enough.

It is true that millions of dollars are being earned in one day by some marketers and some people are trying to earn from years but they didn’t earn even a single sent, this is the main difference we should understand.

Zach February 23, 2012 at 5:14 am

Re #2 – I think it is important to point out to rank beginners that you really don’t even need your own virtual real estate at the very beginning. Aweber will host a squeeze page for you and you can start building a list and building that relationship with only the cost of the Aweber account and maybe a domain name to point to that squeeze page.

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