How do I make an automated monthly income from the Internet. I'm a web developer and I love to build things. What can I build to earn a small monthly income?

Yogesh Malik

Internet has enabled economy of individuals enabling support for each other, if you really look at it you have an opportunity to reinvent yourself.

Do the work that matter, internet has given you leverage to make a difference, to spread and monetize your ideas, to change the world.

Its’ about how you synergize your career, hobbies and dreams in a long run? And making all relevant subtle changes for a more satisfying life. You can also have slash career and Multiple Career can bring you work, fun and money.

To make real good money online, 1) You will need to analyse your primary skills, your passions and your life objectives 2) Find out what is market relevant and what can be done online 3) Create a short term and a long term plan wrt. milestones and revenue expectations 3) Launch your services accordingly. Let it be writing, blogging, freelancing, selling on ebay, SEO, domain/website flipping, logo/media design, filling out surveys, outsourcing market place, crowd sourcing market place.

Please note that you can go out and do all that random stuff or all for that for some quick money, but unless you are not aware of your passion/talents you can not build an ecosystem around it to generate regular and growing business.

Remember that

“A single fixed identity is a liability today,”, “It only makes people more vulnerable to sudden changes in economic or personal conditions. The most successful and healthy among us now develop multiple identities, managed simultaneously, to be called upon as conditions change.”

Source: Gail Sheehy

Make sure 1) either you take niche work and grow in that area and you define your rate  or 2) have a broad portfolio and grow your network/team to share projects, and work on standard rate card

Have your own platform and attract various clients/projects , use various freelancing platform to get initial business. Do all that but keep focus on your primary skills; and later form an organic team of people who share the same values.

See Questions On Quora

from Yogesh Malik on Quora http://ift.tt/1PsrlWy