Famous Bloggers

How To Blog and Start a Business

Home » The Famous Blog » Follow the Give-and-Take Formula to Make Money Online Quickly

Follow the Give-and-Take Formula to Make Money Online Quickly

- by

Give-and-Take Formula

Thankfully, the internet has no age or background bar. Simply anyone can make money online. Whether you are a college student, a single mom or a young entrepreneur, everyone can seek opportunities to earn money.

The opportunity is simple: the more each individual gives, the more each of us ends up getting. – Seth Godin.

Earning money online is quite simple. The more you give, the more you get. Initially, marketers need to focus on the ‘giving’ part. When you start giving to people, you are getting ready to reach a point where people will be eager to help you achieve success online.

‘Giving’ could mean a lot of things. So, what things can you give so that you start making money quickly in return?

Time (manage it efficiently)

Making money online is certainly a vital project. To make your project successful, you should first of all determine how much time you are going to devote. That doesn’t mean you need to spend hours and hours browsing the internet. Time should be managed effectively.

You need to prioritize what’s urgent and what’s important. You need to create a schedule so that you can invest your time in a targeted manner. It is not the quantity of time that matters. Instead, it’s the quality of time spent.

Money (stay within budget)

Though, at the beginning, it may seem that things can be done without spending any money, the reality is different. In order to make your project bring you real profits, you should be ready to make adequate investment.

What’s more, you may need to invest hundreds or even thousands of dollars to establish a successful online business. Therefore, it’s crucial to plan your budget in advance. If you are in need of outside resources to complete your project, don’t forget your budgetary considerations.

Advice (make it available at no cost)

People over the internet are hungry for information, which is made available to them for free. In order to make money online, you should be prepared to provide free advice to your target audience.

Most importantly, the free advice should be targeted at solving the day-to-day problems of your target market. Dig out the problems that your audience is encountering and provide them solid advice, at no cost.

You need to put some money into the bank before you can actually draw it out. If you plan to make money online, you should focus more on ‘giving’ first. If you start paying attention to the ‘taking’ part at the beginning, you’ll simply dilute the impact that you actually want to make on the audience.

If you are planning to launch an online business and expect to earn money from it too, create an effective strategy. In any case, don’t forget to include the give-and-take formula into your money making plan.

I hope you find the above mentioned moneymaking tips convincing. If you want to share your views on the topic, please feel free to use the comment section below.

About

Obaidul Haque works as an SEO manager handling client projects. He focuses heavily on Search Engine Optimization (SEO), Search Engine Marketing (SEM) and Social Media Marketing (SMM). He uses HelloBloggerz to share his insightful views with his readers on a regular basis . He has been successfully helping clients, hailing from various industries, achieve higher rankings in search engines and increase their online sales.

Reader Interactions

Related Posts

{ 14 Responses }

  1. Robert says:
    The more you give, the more you get - that's also a spiritual law: The kind of energy you send out comes back to you. If you give freely, something can flow back into your life. If you hold on to things, you block the flow of energy and nothing can come back to you.
  2. Ken Merrick says:
    Everything you said I agree. If you can help people solve their problem, whether it is in free advise, information, or even products, you generally win their trust. You can't sell anything until your customer trusts you. You must add value to your prospective client. Without value, you are among the millions of other 'also ran' websites, which offer little, if any, value.
  3. Michael says:
    There is no alternative to giving. Once you channel all your ability into making other people happy, your own profit would flow in naturally. I know this works because I currently make money giving out helpful information to my blog readers. Thanks for these helpful nuggets.
  4. Lonesome Walker says:
    Hi Obaidul, there seems to be a "problem" with: Advice (make it available at no cost) How do you want to earn money with free advice? Any examples? Greets, Alex
    • Obaidul Haque says:
      Hey, Alex. Here, free advice refers to making valuable content available at no cost. If you start trying to hard-sell, you'll hardly sell. The first step, therefore, is to help people solve their day-to-day problems by providing them free advice. Soon, you'll reach a stage where people will be eager to spread the word for you, thus taking your business to the next level. The point that I'm trying to make here is - 'The more you sell, the less you sell'. Hope, that makes things clear. Regards, Obaidul
    • Kostas says:
      The answer to this Alex is that by giving valuable content or even products (the same thing that applies to online businesses actually applies to any business) you gain the trust of your prospects and become an expert on their eyes, as a result it's mush easier to sell later. Additionally if people get something valuable for free and they like it then they will believe that the products or services that you actually sell are of great value and will be willing to buy
  5. Ryan Biddulph says:
    Hi Obaidul, If everybody followed this post step-by-step, and did what you advised all to do, all online entrepreneurs would be millionaires or billionaires. Seriously. The formula is simple. Life's formula. Sow. Reap. Easy. Most screw it up. Think inward, so they forget to see. They think "reap, reap, reap", trying to get before they give. So they fail. Give out valuable free content. Share other's posts across social networks. Leave value packed comments. Give freely, consistently. Money flows to you in increasing amounts because giving freely precedes receiving generously. Thanks for sharing your insight Obaidul. RB
    • Obaidul Haque says:
      Glad that you liked it. Thanks for commenting, Ryan.
  6. Amanda Gordon says:
    Obaidul, I both agree and disagree with you at the same time. "The more you give, the more you get" - I totally agree with you on this point as a philosophy of life. As a code to live by. As a tenet to imbibe. But this is definitely not the case for online blogs or sites. Making money online is due to a combination of factors - demand, supply, competition and monetizability come to my mind. I have sites where I have put very little effort (with very little passion as well) that make a lot of money. And there are sites where I have put in a lot of thought, effort and passion only to find that it makes very little money.
    • Obaidul Haque says:
      A lot of effort may not bring results if it's not targeted. On the other hand, even little effort can make a lot of difference if it's well-targeted. Thanks for sharing your views, Amanda.
  7. Joseph says:
    I believe the secret to get what You want is to help others get what they want. Try to solve peoples problem and You will make your money, Time management is also very important in other to Increase Productivity.
    • Obaidul Haque says:
      Thanks for your comment, Joseph.
  8. Dave Lucas says:
    Obaidul! These words of yours should be written in GOLD "In order to make money online, you should be prepared to provide free advice to your target audience." The more you give the more you get back in return! Blog on!
    • Obaidul Haque says:
      Hey, Dave. Thanks for your wonderful comment. I feel really glad that you found the points convincing.