Start-Up Money

Here is something a little different. Could be a good way of making a few extra dollars or just used as a way of getting some start-up money for your online business.

The site is called myLot. In essence its a paid to post forum with an interesting twist. They also pay you a percentage of the earnings of everyone you introduce to the forum.

The last part is important. If you are in a position to introduce a lot of people to the site then you can have a residual income with no activity required on your part. There is currently no minimum activity level required. Quite a refreshing change from traffic exchanges.

Exactly what you will earn isn’t disclosed. A little like the way search engines don’t give away their search formula. With this approach its harder for someone to scam the system. There are even some links in the myLot forum on this subject but they too are pretty vague.

Here is a link to a post on the DP Forum of someone who claims to have made over $50 in a month from Mylot – http://forums.digitalpoint.com/showthread.php?t=194034

Here are a couple of quotes from the site about earnings:

How does this work?

We have implemented a system to give everyone who uses the Internet the ability to make money. The idea is pretty simple – if you contribute to the myLot Community – whether it is by posting a new discussion, responding to a current discussion, commenting on a current discussion, or referring friends, you earn money. Our goal is to provide Internet users a place to earn money using the web on a day to day basis and provide access to information they need.

We pay each and every member of myLot based on their level of activity. As stated previously all you need to do is sign up for a myLot account and we do the rest.

What can I do to increase my earnings?

What an excellent question, and one we hope every myLot user will ask.

1. Use myLot, post discussions, respond to discussions.
2. Post quality content. For example, generate discussions that engage other users and provide insightful responses and comments to other users discussions to further the topic.
3. Refer friends. For each person you send to myLot you will receive 25% of their earnings.

Thought I’d try it out for a month or two by making one or two posts or replies each day just to see how it pans out.

If you’d also like to give it a try you can do so by clicking here