7 Success Tips to Become a Millionaire Internet Entrepreneur


7. Recurring revenue model

Very similar to the scalability of your business model, even the sources of income for your website need to be perennial and wide. A great way to make more money more easily online is to replace one-time sales with automatically renewing subscriptions. With a stable base of subscribers, this can mean a continuing revenue stream from newsletters, support, or advice on demand, says Forbes.