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How to Become Your Own Boss by Creating Your Own Wealth Online

The following is a guest post by Patrick Meninga of Make Money With No Work.

Become Your Own Boss

How do you become your own boss in the world of internet marketing?

The key is that you have to generate consistent monthly income, enough to cover your living expenses. If you can achieve this income consistently then you can walk away from your regular day job and effectively become your own boss.

So the question becomes: How do you do that? How do you generate a consistent monthly income online?

Let me show you how I was able to become my own boss.

Online Business Models

There are undoubtedly a million and one ways to generate income from the internet. I have expertise in exactly one of these business models, and that is in building an authority website.

I know that other types of online businesses do exist. For example, someone might create an ecommerce store that sells products directly. Or, they might create dozens of tiny niche websites that make money from advertising.

And so on.

The method that I used was to create a large authority website, and I put all of my time and energy into that one web property. Because the topic was lucrative and had real profit potential, I was able to sell the website for a very large sum of money after my traffic reached a certain point. My earnings per month were $2,250 with only about $100 in business expenses at the time of the sale.

There are some huge advantages of generating income with an authority website, and only a few disadvantages that can be easily overcome.