Ever since the Internet bloomed into public awareness in the early 1990s, people have been told of its “vast” income-generating opportunities. Now that the Internet is over 20 years old—and the hype has died down and been replaced with many online scams—here’s a list of real Internet services that any personal internet based business can build itself upon.
Online Freelance Marketplaces
Think of these as giant Web sites operating like virtual global job fairs, but with work management and payment systems in place. Finding clients or employees (permanent or temporary), and paying or getting paid becomes easy. These web based companies do all that for you, as long as you follow their rules, and pay minimum fees for their hosting and “police” services.
The existence of global online freelance marketplaces opens up a large number of business opportunities. Virtually any product or service that can be sent in electronic form via email, or through these Web sites’ work and communication system can be traded and paid for. Payments you receive can then be withdrawn from your marketplace account, or transferred to your local bank account or credit card.
If you have an idea for your own internet based business, explore these Web sites and see how these can fit into your business model. Examples of these internet based business-enhancing marketplaces are Freelancer.com, ELance.com, and ODesk.com.
Global E-Commerce Systems and VoIP
If you’d rather operate your internet based business on your own without the paid safety of hosted business transactions, then you can use PayPal and Skype. With a valid credit card, a local bank account, Internet connection, a computer, and a webcam or headset with microphone, you can communicate with your clients and get paid directly.
Skype is a Voice-over Internet Protocol (VoIP) service that’s like a free phone service on the Internet, with simple file transfer and messaging features included. Your client can converse and work with you in real time via Skype, without ever having to travel to physically meet one another.
To get paid for your internet based business services or products, open up a PayPal account (this requires a credit card). Your clients can then send payments to your PayPal account, which you can then link up to your local bank account. You can then withdraw funds to your bank account at a fraction of the cost it takes to do regular bank transfers.