Make Money While Online – Why Paid Surveys Don’t Work And How To Be Financially Independent
How do you make money while online? How do you make money with paid surveys? How do you make money while asleep? How do you make enough money so you can ‘finally’ go to sleep?
If I had a dollar each time someone asks me these questions, I’d be comfortably retired in some island in Hawaii right now. Fact is, questions like these are almost as common as the ‘Make Money Online’ or ‘Work From Home’ ads splattered all over the Internet.
‘Are there any ways to make money online that actually make you money?’ asked a frustrated friend of mine in an email. ‘I am both curious and concerned about honest work from home websites, but I feel it’s all a scam!’
It’s emails like these that remind me of the high failure rate of the work-from-home industry. Rates as high as 95% seem to be the norm — which imply that 95% of those who start an online business are doomed to fail within the first year of startup.
And one of the reasons I see that happening, is plain ignorance… and wanting to take the easy way out.
Just Google ‘make money while online’ or ‘make money from home’, and see what results pop up. A lot of survey sites and data entry jobs among a litter of others.
My personal take is: Survey sites and data entry jobs (just like envelope stuffing) are mostly junk. They won’t make you a dollar and you’ll just end up wasting your time and losing your wallet chasing illusory dreams.
That may sound a bit harsh, but I know from experience that most of these survey sites tap into the lazy boys (and gals) in us. They remind us with practised precision how by spending just a few hours (or minutes) each day, you can fill in those data entry forms, surveys from well-known companies, get paid to eat / drink / sleep offers, and voila! by the end of the month your bank account will be stuffed with so much money you’d have to burn half of it to make way for more.
That’s frankly a load of garbage!
To be honest, whether or not survey sites works remains an open question. Some people have reported earning some money from them, but most do not earn a single dollar in hard cash even after months of joining. Fact is, even in free-to-join online surveys, participation is mostly restricted to legal residents of the US over 18 years of age.
So, if you are a non-US resident, you MAY be allowed to join, but when you do get the survey or offer in your mailbox, you will most likely get an IP-reject message like ‘Sorry, this offer is not available in your geographical location’. So your candidacy to complete the offer becomes invalid as you didn’t even get to see the survey!
That is expected because most valid surveys are from US companies and for US residents only. There are exceptions to this, but very few to merit serious attention.
Realize that surveys are about market research. So if a US company wants to know what their customers think, they are most likely to ask US residents themselves and not someone in Afghanistan or Cambodia. I’m talking of course about legal surveys from established companies here, not the data entry scams you see freely advertised on the Internet.
So, from what works and what doesn’t, my most practical recommendation to anyone in need of extra cash (part-time or full time) is to start an online business.
If that sounds like a lot of work, then just take a look at all the work you actually do, day in and day out, slaving for a boss / company that doesn’t care.
The reason why an online business is the best work-from-home deal is because you can start with very little investment — like an eBay store or an affiliate program — and as money starts to come in, you can reinvest some of it back into the business and watch it grow.
However, the best part of this system is automation. You can automate the whole process (links, payment processor, product delivery etc.) and let the system work for you over time, rather than the other way around.
There is nothing better than to have the time to do the things you want to do, rather than waking up one day with a long list of regrets and unfulfilled dreams on the lines of “If only I had… (fill in the blanks here)”.
An online business works for any age group 18-80 and is your best shot at true financial independence.
The world is full of entrepreneurs and idea merchants, with hundreds jumping on to the bandwagon every day. Most of these will NOT succeed because they will most likely NOT take action toward their goals.
But for those who do, the sky is the limit to make money while online. What you do with it is, of course, entirely your choice.