Despite anything you have heard to the contrary, making money on the Internet is not an impossible quest that will take 3 Academy Award winning films to complete.

The recipe for success on the Internet has always been known, the problem is too many wannabe Internet millionaires are ignoring one or more of the essential ingredients.

First and foremost the key ingredient to success on the Internet is having something of value. Though most people think that this ingredient must translate to an actual product, that is not entirely the case. In fact, many successful Internet entrepreneurs do not sell any products at all.

One thing of value that many people overlook though it can be the centerpiece of any good recipe for success is knowledge. Any area where you have more knowledge than the average person puts you in a position to create something of value on the Internet.

Whether you take that knowledge and have an e-book created, or you use that knowledge to create a comprehensive site on a particular subject, your knowledge in that area can become a viable source of income for you.

However, that one ingredient is not enough. Having a product (which can simply be information on a particular subject) is not enough for a winning recipe on the Internet, you need more. The next important ingredient that cannot be overlooked is having a plan.

Throwing a website together and putting it online quickly will have the same results as throwing a souffl