Online Business And Online Jobs –What Is The Difference And Which Is Better

from nairacow.com

There are online businesses and there are online jobs.

It is important to know the difference between them and know the one that is best to go after.

Online Jobs

Just like jobs offline ,there are online jobs. online jobs include doing work and getting paid for just that particular job or for the time used to do the particular job done.
Examples of online jobs are :

• Data entry
• Article writing for a fee
• Graphic design for a fee
• Proof reading
• Fiver jobs
• Coders
• Programmers who program for others
• Many freelancers

Or generally , anything you get paid for only when you do it.
Is there anything wrong with online jobs ?
Nah…not really.
Many people do well with online jobs…
It does work…but it is not something I do or recommend.
I prefer to have a real business.

Online Businesses

This involves selling a product or a service…and usually involves owning online assets.
Assets like :

1. Websites
2. Blogs
3. forums
4. Info products
5. Softwares

With online businesses you can make money using many models . models like  :

1. Third party advertising (Google Adsense Adverts , Ad Dynamo)
2. Banner adverts
3. Sell your own products
4. Sell your own Services
5. Affiliate commissions from selling other people’s products and services

Online business can be sold later for a large profit and require you to invest and build it up to profitability.
It is usually more profitable in the long-term than online jobs.

Can One Have Online Jobs And Business At The Same Time?

Yes you can.
It is like having a day job and a business at the same time.
But I will advice that  you try to add an online business /asset to whatever you do online.
Something that can make you money without you having to work again and again.
Like  I said before ,there are many online business models but …the most popular and the easiest is … build a blog/site that you can make money with via advertisement.( you can make money using other business models on the same online asset)
….And advertisement could be Google Adsense or other third-party advertising programs (AdDynamo) or by selling adverts directly to advertisers .

People With  Online Businesses And Assets In Nigeria.

1. NairaLand.com …used to make money with Google Adsense but  now sells adverts as direct banners ads
2. LindaIkeji.blogspot.com - Although she is using a free blog ,she has managed to build an asset with it. She makes money with third-party adverts (Google Adsense) and direct adverts from advertisers.

There are many other Nigerian websites and blogs making money using model …and these is building an asset ….not doing an online job.
It is up to you to decide what you want to do …but my advice is that you should build an online business around your online assets . Don’t depend solely on online jobs .
Thank you.
SOURCE : www.nairacow.com