Becoming an internet entrepreneur, especially these days is not easy as the space is really crowded and congested. There are many people who want to become an internet entrepreneur. Like in any kind of entrepreneurial venture, there are success rates and failure rates.

While a portion of the people does go on to become successful and make a living out of internet entrepreneurship, there is this high rate of failures too. While this particular venture does seem very exciting, it is not easy to make money online. So what really goes on to make people successful in internet business? Or conversely, what goes on to make people a failure in the business?

Become a Search Engine Optimization expert: This is the first and the most serious step that you must master. After you have built a website of your own, you must know how to get the heaviest traffic to your website. Search Engine Optimization is all about knowing how to direct traffic to your website. You must know how your website will feature in the top search results when a user or a visitor to a search engine searches terms related to your website. The heavier traffic, the more are the ways to make money online.

Practice Search Engine Optimization skills: After you have learned the basic tricks of the trade, it is time to start practicing the skills. Try your hands at tools like Squidoo. The best thing about this is that you can also start earning money that is generated from the advertisements on the web. You can both create basic or advanced articles and earn money without stretching a sinew.

Become a domain expert: Identify an area that you good at and consolidate on your existing knowledge base. Become passionate and you can create a fan following who will bug you for advice and tips.

Start Blogging: After you have become an acclaimed expert in a specific field, create a blog and start blogging furiously. Remember to focus your blogs in the domain you are good at. Soon there will be a huge fan following and you can even create an information product by writing and writing. People will pay you to buy the information product. This is one of the best ways to make money online.

Monetize your Blog: When you start getting big audience for your blog, it is time to monetize it. Monetizing is a great way to make money on the internet. To make money online in this manner, you can either use Google AdSense or can even approach a product company that can purchase advertising space on your blog.

How do you know that you have become an entrepreneur on the web? When you make money online and that constituates at least half of your earnings, you know that you have become one.