If you were a beginner that wants to make money, what would you do?

WOW - some great replies already.

I want to suggest a few things:

First, is your goal to make money or do you want to find a passion that ALSO makes money? It's good to know this or you could end up with a business that owns you. I am in the passion business, which means I have turned my vacation into my vocation and 90% of my business is online.

However, if you are familiar with the Entrepreneurial Myth you will have learned that it is often good to start a business that you know nothing about - so that you can find people who can do the work while you focus on the business of making money.

Next, you set a number at $500. I would change that number to something higher (but only if you have the BELIEF or you will be your own limitation). First, business can be like a parabola or shooting an arrow a long distance. Aim high to hit a lower target. The advice of rinse and repeat is also exactly what you need to be doing - simple strategies that work with the idea being that if you can sell to 1 person, you can sell to 1000.

To ensure your safety I would suggest something like the following:

01 REAL INCOME LESS RISK

Take the suggestion to write as something serious to pursue and perhaps focus on a higher ticket item. I tested this out already when I was on the island of Samui in Thailand and just curious if I could survive if I gave up my business and worked only from my laptop. I made an average of $80 per day just writing. It took me less than one week to get work, but I wrote great proposals and I can type fast. There are always other strategies. I took this concept to another level about two years later to test out another idea and it was easy to make even more money. Still, my business earns me more and it's my passion so I don't pursue working as a provider. If you focus on higher paid items like writing an ebook over an article, you can make $500 with only a few ebooks. I made $400 writing on 3 topics I was very familiar with.

02 IDEAL INCOME AND WORK

Take something you love and do it on the side. Since you have your $500 being met from hard work, you can take the free time you have to try out IDEAS and see what works that you enjoy so all your eggs are not in the fun basket. When it proves to be a realistic income and it meets your needs, then you can focus on it full time.

03 TEAM RISK

Pick one day per week and get a team of like minded people together that agree to work on Internet Residual Income projects. If you have a team of 10 then each of you can invest $200 to put $2000 into your various ideas and split the profits. Do this for ONE year with the goal being to LEARN the online world. If something strikes gold - great and if not you split the risk and you learned a lot.

Hope this helps:

My Tew Cents