Getting rich is the dream of many. And internet is a good medium to get rich fast. But one has to do a great deal of homework and consistent effort to get rich. In this article I will outline the simple five step procedure to make money using internet.

Step 1: Have a basic knowledge about internet.

Internet is a vibrant medium. It is also highly dynamic and evolving. What is selling today may be considered garbage tomorrow. So anybody planning to do an internet business should have a basic knowledge about internet, its evolving trends and the possibilities.

Step 2: Get a business idea.

If you think that you have ingenuity, originality and enough time, you can workout your own business idea. Or if you are ready to research a little you can get enough articles discussing original business ideas. If you are a butterfly on the internet, you can adapt the idea from a successful business site (of course without infringing the intellectual property rights) and make your own variations of it. If you are still lazier you can approach a consultant for the purpose. The important thing is that you must have an idea.

Step 3: Work out the idea to minute detail.

An abstract idea like