Make Money online in Sri Lanka is search term that brings me a little bit of traffic and a lot of questions. Chances are you came to this page while searching for something related to making money online in Sri Lanka. And since most of you are new to this, the question I get asked a lot is how to start making money online in Sri Lanka. The problem is there are many ways to start making money online and they all require you to spend some time reading and learning the ropes. Most people ask for services they can join , and there are many get paid to read e-mails , get paid to click and get paid to fill surveys around but you have to work very hard to earn a small income with these services. And they are not passive income , soon as you stop clicking you stop earning. In this post I will talk about problems in making money online in Sri Lanka , few places where you can read about how to start making money online and few resources that you can use to learn about making money. For a more detailed description of different ways you can check out my article 10 ways to make money online from Sri Lanka.
Problems faced when Making Money Online in Sri Lanka
Lack of Internet audience in Sri Lanka is one of the biggest problems you face when it come to making money online in Sri Lanka. Even from that small audience very few use the Internet to buy products or services. Most just use it to watch porn , download movies songs etc. So if you are trying to sell some service online to Sri lankan audience you will have some problems.
Another problem is services like PayPal are send only in Sri Lanka. That means you can send money but you can't receive money. This is a problem faced by most of my friends who are doing free lance work. There is a work around for this but you are limited to a transaction amount of 500$ per month. read more in How to receive money from Paypal in Sri Lanka .
How to start making money online in Sri Lanka
Joining paid to read e-mail or paid to click sites is not recommended because you only make pennies that way. During the last three years I have tried those and I haven't earned much from them. So you don't need to make the same mistake. Getting paid to do surveys is a legitimate business but most of the surveys are targeted at US , Canada and UK citizens. So as a Sri Lankan chances of you getting profitable surveys are very less , below are few ways I use to make money online.
- Blogging - This is one of the first method I used to make money online and one of the methods I still use. I earn a decent income from this blog and as the time goes it is bound to go up as well. You can check out my blog post about combining SEO and affiliate marketing to make money to get an idea of how much I earn from this blog. It is also a good post to check out various ways you can make money from your blog.You can start a blog for free using Blogger or WordPress. Since you are trying to make money I recommend blogger because they allow you to add Adsense ads.
- Affiliate marketing - In very simple terms affiliate marketing is selling other peoples products and making a commission from them. Once you join a some service as an affiliate you are given a unique web link and once someone buys something going via your link you get paid a commission. Clickbank is a good place to look for products to promote.
- FOREX Trading - This is one of the easiest ways to make money online and also one of the easiest ways to loose money online as well. This requires lot of training and you need to learn a lot. But if you master the art of Forex trading then you have a very good chance of making a good income online. I'm personally using e-toro as my Forex broker so I can recommend it without a problem. Check out my post about starting Forex trading in Sri Lanka.
- Doing free lance work - I have few friends at office who makes a decent income doing free lance work , the thing about free lance work is you have to build a reputation to make a decent living. As most things it is bit hard to build a reputation at first but if you persist with it it is a good way to make money online. I'm talking to few of my friends these days so I can write a detailed post about it so make sure to check back often. Also if you are a free lancer feel free to share your thoughts about it in the comment section
Good places to read about making money online
Below are few good blogs where you can read about making money online. If you are new to blogging then there is a lot to learn and these blogs provide some excellent tips on how to make money online.
- Make Money Online - Keyword Academy has lot of posts about different money making experiment so you can get an idea or two reading this blog. Be sure to check out the archives for more great posts.
Subscribe to there RSS feed to get notified about there future posts and check out the archives to read some great posts.
Its not easy to make money online but once you get the hang of things it becomes much easier. It is very possible to make money online in Sri Lanka but it requires some hard work and persistent. If you have any problems about making money online in Sri Lanka don't hesitate to contact me , I'll try to help you as much as I can , Good luck making money online