What is a money chaser?
This is a person who looks to make money online, but is so desperate to get paid and/or get rich that they set unrealistic expectations and look for the quickest ways to make money.
First of all, it's not likely you are going to make money quickly. Of course, there is always the exception where a bright individual comes along who is extremely savvy and may find a way to make some fast cash.
But usually the fast cash doesn't last because the method may not be completely ethical and/or is not built for longevity.
A great example would be a savvy programmer who figures out how to "cheat the system" and get a page to rank high in Google for a few weeks. They may generate some quick money but as soon as Google catches on, they lose their ranking and could possibly get the site banned from Google forever.
I hope the quick cash was worth it.
It takes the average person months to make any worthwhile money. And that's assuming they continue to work hard, learn and enjoy this process.
If you cannot accept the above facts, then this is not for you. If you are impatient then you won't be motivated enough to keep going when things are slow. Even though money can be your goal, you still have to find something about this process you enjoy.
If you ask any successful webmaster or blogger, they will tell you they have spent hours upon hours online before making good money and I bet they've loved every minute of it.
I know I have.
It's a Business
Making money online is not just some fast opportunity, it's a business that requires an investment. Yes, you should plan to at least pay for your website. I cringe when people email me and want to know how to get started for free.
Yes, there are ways to create a blog and a website for free, but there is risk involved. First of all, you are at the mercy of the free host. So if they go bankrupt, guess what? You could lose your site instantly without warning.
Websites are insanely cheap and if you are serious about this, then it's important you find a way to pay for it. And if that means you have to cut back on a few monthly Starbucks trips or sacrifice a couple of new outfits for the month, so be it. :) If you are serious about this, then it's more than worth it.
If paying for a website is out of the question, then I don't believe you are completely serious about this. In my opinion, it's worth it to wait until you have the funds and then start.
Find Your Passion
Some people will disagree with this, but I think it's much easier to make money from a website based on a topic you have a great deal of knowledge about (hobby, passion, etc.) then let the money become a byproduct of what you enjoy.
When you have a high interest in your subject matter, you're much more motivated to learn and keep updating your site, thus giving you a greater chance at success. Your passion will continue to fuel your actions and you'll be patient while you wait for the money to come in.
Let's say you love to play tennis. You create a blog that discusses various tennis topics. You're not really focusing on trying to make money in the beginning. You are just blogging about tennis news, your own experience with the sport, etc.
Over time, traffic from Google, Yahoo, etc. starts to increase and people begin commenting on your blog. Your traffic continues to grow and now that you have an audience you decide to put up a few ads to generate some revenue.
Once you have traffic, making money is easy. The problem is most people get stuck at the traffic part. They focus so much on "how will I make money?" that they don't put as much effort into building a quality site.
But when you are completely engaged in the topic you chose, updating your site won't be a chore and you'll probably discover it's a lot of fun. Suddenly making money online has become a byproduct of what you already enjoy.
That's exactly what happened to me. I didn't set out to make a ton of money online. I love to write so I started creating websites on topics that interest me.
I taught myself how to build web pages, read up on how to market my site and slowly but surely the traffic and money began to roll in. Before I knew it, something I genuinely enjoyed turned into a full-time income.
This is a much better approach than going into this seeking the topic that will make you the most money. Instead, choose something you love to do and let the money come in as a result of your enjoyment.
I'll tell you this. If you can find a way to make this process fun, success is almost inevitable. I can't tell you how long it will take, but the time won't matter as much if you are enjoying this.
If you can absorb the preliminary information on this site, you will have a huge advantage because most people rush and don't take the time to plan and educate themselves before they begin.
If your goal is to make money with a website or blog, absorb the content on this site like a sponge.