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❓ASK Earn or Loss in online earning

kkckkc

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Before you start on earning in online business world, I think we should consider first the benefit verus the cost of participating .

Benefits :
Your gross income
Your knowledge gained
Real friends gained

Cost:
Cost in terms of money related to online business activities. (eg. electricity bill, damage to your device etc)
Time cost.
Expected tax paid .
Privacy given to third parties

Benefits -Cost = Net Benefits

You can try assigning points to each items and calculate approximate value for each type of earning activities (There are many ways of online earning )

If cost outweigh the benefits for that category , you should not continue or think ways to improve the situation . Otherwise, you can continue your online business earning in that category.
 
For me, the formula is pretty easy.

Time invested+cost= profit?

If there's no profit from those two variables then I don't bother with the particular site/program. There are so many earning opportunities available on the internet and it's up to us to find the best ones and eliminate the ones that are pure time wasters.
 
For example, for PTC sites, if you substitute to the formula, it should be negative, so not to join PTC sites.
But at the start, it can be positive as you can gain experience in learning.
You can learn later to, cuz of sometimes the site/program try to implement something new to attract more ppl or hold older ones, so in summary life is negative profit thing :Hilarious:
 
May you explain a bit why life is a negative profit things ?

thx
In the end you will have nothing (when you will die) and all what you had will not matter anymore, but other reasons:
  • why are you making money? to live in our community, how easy it would be to own farm and do for yourself and not paying anyone anything, enjoing your life
  • you have x$ income and live normaly, but you wanna make more, cuz of everyone do it, you are in stress and ... other crap that is making you to suffer more than enjoing life
  • you are nice with ppl (invest your emotins), but they are in end retards :Arghh:
Sry i have bad mood maybe, cuz of such high negative post, will not answer in this thread anymore in preventing later crap :Sleep:
 
I think in long scheme of things, we have to look at time. If we have limited time in hands, we can;t do cost benefit analaysis all the time. And that's something you have to cosnider for online earning too. You can't make money every single day. And you have to push yourself in that case. I personally don't see the reason to think of a loss all the time. So we need to take one day at a time and then build on that.
 
It's like when I do stuff like earning money from PayToClick of forum posting, I also do compare it with the cost from Data Consumption from my Internet Plan. A site that uses too much data is kind of bad for me because it uses up my available data.
 
Before you start on earning in online business world, I think we should consider first the benefit verus the cost of participating .

Benefits :
Your gross income
Your knowledge gained
Real friends gained

Cost:
Cost in terms of money related to online business activities. (eg. electricity bill, damage to your device etc)
Time cost.
Expected tax paid .
Privacy given to third parties

Benefits -Cost = Net Benefits

You can try assigning points to each items and calculate approximate value for each type of earning activities (There are many ways of online earning )

If cost outweigh the benefits for that category , you should not continue or think ways to improve the situation . Otherwise, you can continue your online business earning in that category.


It is until you view your Online investment like your 8 hours job that you wont run into loss, but when you set up a system and you just sit and wait hoping for miracles to happen, you might likely morn your whole investment and time wasted.
 
You are right. I always consider whether it is worth spending my time on some sites. I have left many sites due to the low earnings. There are some sites where you have to work really hard and the earnings do not seem to be attractive.
 
i think doing online business earning, you should take some data plan that offers you unlimited data, though the running speed would be slow.

And I think we should diversify our online business earning, so lower the risk, find out which categories is your favourite, and more interesting in many categories.
And passive and active income can be both participated together.
 
I think if you have an offline job and have a little free time (when you get bored at home or at work) working online on legit sites bring you only profit, even if you earn only 1 penny (little exaggerated), but only if you have not invested any money.
 
That's interesting but worth to check. I am still unaware but i will continue like that for some more time. I don't have any alternative and I am not much lucky on different online platforms. So i think i should wait. Patience holds the key as well.
 
I think it has been gain for me because I don't waste my time on too low paying site because it wouldn't worth a dime at the end of the day.So I focus more on a little better sites like beermoney and postloop.

I have gain from posting comment from getting knowledge to making money and also keeping me busy all day.
 
I think it has been gain for me because I don't waste my time on too low paying site because it wouldn't worth a dime at the end of the day.So I focus more on a little better sites like beermoney and postloop.

I have gain from posting comment from getting knowledge to making money and also keeping me busy all day.
That's nice to know. I will complete my 1-year journey of online journey in October and I think i have done well in this time span. Managed to earn some money and whole lot of experience and still trying to earn more money and experience of course. It would be nice if i can add 2-3 more legit websites from where i can earn some money.
 
Y
Before you start on earning in online business world, I think we should consider first the benefit verus the cost of participating .

Benefits :
Your gross income
Your knowledge gained
Real friends gained

Cost:
Cost in terms of money related to online business activities. (eg. electricity bill, damage to your device etc)
Time cost.
Expected tax paid .
Privacy given to third parties

Benefits -Cost = Net Benefits

You can try assigning points to each items and calculate approximate value for each type of earning activities (There are many ways of online earning )

If cost outweigh the benefits for that category , you should not continue or think ways to improve the situation . Otherwise, you can continue your online business earning in that category.
Yeah, your point is highly understandable and trustworthy, I'll also like to encourage the newbie to thoroughly research before investing or making money online because making money online come with risk and scammers.
 
Patience and persistence often pay off. What seems unprofitable now could improve with time and effort. For instance, A newbie into blogging shouldn't be expecting profit at the first month or even year of starting the blog but as time goes on his/her hardwork will definitely payoff.
 
From my experience having been earning online, I would say that it is an absolute gain for me as the only exclusive cost I have had to bear is the cost of data subscription. I was able to find a very cheap source of data subscription for my online work.
 

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