I believe everyone reading this thread was attracted to it because of the title, true to it. that is the catch.There's always a formula for doing everything and yes doing it successfully. Just as the almighty formula can help you solve a complex and convoluted quadratic equation and giving you the solution in a few so also the almighty formula can be the solution to the convoluted problem of online money making.
Since so many variables make up a formula so also so many factors make up this formula or technique.
The first that would be considered is the "CONCEPT". What is the concept of the business or idea? Is it a new concept? or are you just copying an already known concept that has been used over again. Now the catch is , using an already known concept might fetch you a reasonable sum online but a new unique, researched and harnessed concept could be the key to your breakthrough in this global market.
Another important variable is the "market". To whom is the idea conceptualised towards? is it gender biased? Is it for males between the ages of 16 and 35? Is it for pregnant women? Is it for Americans who live in Rhode island? e.t.c Pls note, The greater the market, the greater the profit.
In addition, Your level of creativity also comes into play. How creative are you?, Can you turn a clay to a mold? Your level of creativity would determine how far you would reach in the business of Online money making.
Others factors that could be considered includes the traffic from the market, Mailing lists e.t.c
AA
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