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Many people have found the Internet to be a great way to make a lot of money. They have discovered the power of leverage. Internet marketing allows you to reach a global audience.

However, many more people have found Internet marketing to be a frustrating experience. They know that riches are there to be found, but they struggle to make even a modest income.

In fact, it is quite easy to actually lose money on the Internet. There can be many costs such as buying private label rights, purchasing the latest the books and paying regular subscription fees can all eat into the income generated.

One of the biggest mistakes is to think that you will get rich quickly from one technique, or one product. This can happen, but it is the exception rather than the rule. Having a goal of reaching $100,000 or more a year is a reasonable goal. However, having a goal of reaching $100,000 in one step is not as reasonable.

Fortunately, there is another way to use the power of leverage. A large income does not have to come from one source. Indeed, it is probably a lot easier to generate using multiple sources of smaller amounts.

There are many Internet marketing strategies that would allow you to earn five dollars a day. This doesn’t seem very much but it equates to an annual income of $1825. If you can put together 100 of these small projects you can generate $500 a day. This strategy would provide you with $182,500 per year.

Nevertheless, a common mistake is to trial too many different techniques at once. There are many gurus to follow, and many different opportunities to make money on the Internet. However, without focus it can be very difficult to develop an online business, delivering consistent passive income.

Unfortunately, if you work on 10 different jobs at the same time, it can lead to them receiving only 10% of the effort each. An alternative is to work on one job at the time with 100% effort and bringing it to completion quickly. Think of the reward, if you were able to implement one new $5 a day strategy each week. At the end of your first year, you would have around 50 sources generating an annual income of $91,250.

Rather than hoping for the one next ‘big thing’ which may never happen, it could be much more productive to work on small achievable steps they can build over time into a substantial income

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