Everybody who knows anything at all about social media knows that there is lots of money is to be made on Twitter.

No, not like many would suggest, with other people’s pay per click ad campaigns, but by promoting your own product, source or idea.

No, not even as an affiliate, getting a small commission on any product or service you refer for someone.

The only way to really make a lot of money with Twitter, is by starting your own small online business.

You could survive as an affiliate, but you would have to work hard to make any real decent commission check. And you would never make it rich.

If you really want to make some money, the only real way is to have your own product, source or idea. Even if it only be an informative PDF format ebook for $9.95 each. Considering an ebook doesn’t really cost anything but some time, everything would be 100% profit, minus expenses of course.

I can't guarantee that this is going to make you rich, but you could automate a decent, steady, long-term income. And who knows, your Twitter campaign could go viral and with a little luck strike it rich! Its not impossible.

Step 1

Sit down and write down all the things you are good at or knowledgeable about. Take the top 10 and run them through Google’s Keyword Tool. Find the one with the most monthly searches and the least competition and make an ebook out it.

Step 2

There are plenty of articles online on how to make an ebook. Do a Google Search, “How to make an ebook,” (225,000,000 results) and start writing a 20 to 50 page ebook about the subjects you are an expert in or have experience with.

Step 3

After you have written the ebook, you design and launch a squeezepage,” website or blog on which you will be selling your ebook. Although they all work, I recommend you focus just on your ebook, which would suggest you build a squeezepage. If you don't know anything about squeezepages, I would do a Google Search for, "How to build a squeezepage" (20,800,000 results).

Step 4

Regardless if you build a  squeezepage, website or blog you will most likely need a way for customers pay you, so you will want to open up a PayPal account. With PayPal you can buy and sell freely all over the web, so you may already have one or will want to get one regardless.

Step 5

After you complete these steps, you will just need to promote the squeezepage with Twitter, Facebook, MySpace, Stumbleupon and all the other social media sites available to use for free.

Theoretically you could do all of the above totally for free, without spending a cent!

Everything else you can do as you go along, including educating yourself online in social media, website promotion and marketing.

The main 3 thing to remember is, patience, persevering and positive attitude.

Good luck.

Written By: Tom Retterbush