Sunday, July 29, 2007

You CAN make money with no money!

Is it possible to start making money online with no money to start? The answer is YES... Absolutely. And I am going to tell you how in this post and others to follow.

We are laying the foundation for making money by first creating a website. In my previous post I outlined some steps to get a website started for making money for people who had a small budget to work with and could afford to register a domain name and get a hosting account. Everything that I talked about past this will be applicable to you too even if you have no budget.

The two things from the previous post that you would not be able to do without money is buy a domain name and get a hosting account. The solution to these two issues lies in one place - get a free hosting account! There are many hosting providers out there that will offer you a free hosting plan that is limited in some sense. Most free hosting plans add advertising to your website that you almost always have no control of. You need to be careful to read the terms of service before signing up for a free hosting plan to make sure your options are not too restricted.

Ideally, you want a hosting plan that will:
1. Support PHP/MySQL, in case you want to install a CMS or blogging platform.
2. Give you a few MySQL databases
3. Has a script installer that has the most common scripts - like Fantastico
4. Allows you to run scripts, such as you need for installing ads and such.
5. Allows you to put your own ads on your website.

I have the last one in bold for a reason, this is one of the best ways to make money, by selling advertising space on your website.

One of the best free platforms, if you want to start a blog, is Blogger, which is where this blog is hosted. It offers you many themes to choose from, and with a little tweaking and a little knowledge you can add your ads to your content and page, as you can see from the sidebar of this blog. While Wordpress.com also gives you completely free blogging space, they do not allow you to put ads on your page for free, so stick with Blogger.

If you don't want to use a blogging platform, then do a Google search for free web hosts to see what your options are. Make sure to carefully read their terms of service and make sure you have as many options as possible. I am going to be scouring the web to bring you a list of the best free webhosts, but I do recommend that you consider getting a low-cost hosting plan such as the ones offered by Hasty Host, and invest in that domain name as soon as you can (www.GoDaddy.com
), because then you have so much more control over what you can do. IF you buy your domain name at GoDaddy, you can also get hosting from them, and get your domain name at a much lower cost. So check out GoDaddy.com Hosting Plans
.

So if you really want to start with no money at all, find a good free host to work with, make sure your understand their terms of service, register for your free account, and then follow the steps from my previous post. Find something you enjoy talking about and start creating content.

In my next post I am going to start talking about the different ways you can start monetizing your website, making money off of it.

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