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According to Russ Alfonso in his interview with Entrepreneur magazine, “Internet usage is expected to grow 23 percent annually to reach 21.5 million by [the end] of 2008. Filipino Internet users on average spend 2.3 hours per day checking e-mail, 1.6 hours on online community activities, 2.7 hours on instant messaging, and 3 hours on other Internet activities. Forty-eight percent of Internet users are within 20 to 28 years old and 44 percent are 30-40 years old.” So, what does this figures tells us? It tells us that with the continuous increasing number of internet users, internet business will also continue to rise. And if you noticed, it’s pretty obvious with the constant growth of establishments offering free WiFi access, the ever growing lists of online social networking sites and the growing number of Pinoy bloggers jumping in the field of making money online.

Today, the internet is providing people the opportunity to become their own boss by running their own home based business. The rise of internet business is what everybody should take advantage of. It is a business that is available for everybody. No age requirements, as proven by the youngest Pinoy blogger at 13 years old, CarlOcab. Internet business is also a great opportunity for the 33 million unemployed Filipinos (according to NSO, April 2007).

The internet business is one of the businesses you can start without much capital. All you need to start your own internet business is a computer and an internet access. Would you believe that I put up Pinoy Raket Online with just Php1050 capital? I started PinoyRak just last month and registered the domain name at Php550 and hosting service for Php500. My domain expires in one year and my hosting plan is good for 6 months. I can’t give out the exact figures of the money I earned with PinoyRak, as this project is just barely one month old and haven’t reached the stage of a fully monetized blog. But slowly, I’m making money with Google Adsense as PinoyRak progresses. Wohoo! Also, I’m proud to say that I’ve earned somewhere between $300 from my PTC programs alone since I started last March. Not bad huh? And to think I’m just doing this as a raket or sideline after I’m done doing my work as Graphic Designer/Layout Artist for a small publication business of ours.

I hope every Pinoy reading this who aren’t currently into making money online will take this opportunity into account. With the emerging companies like BlogBank, the first Philippine online advertising company and WiGO, a free broadband service in most popular coffee shops, commercial areas and restaurants all over Metro Manila, a profitable boom in the internet business is bound to take place in our country.

My prediction is that in as short as two years time, a number of Pinoys will embrace the future of internet marketing. Blogging will become the next source of making extra income for the younger generation. As these kids are now more techie, and they have grown together with the rise of the internet. And together with the ever booming internet business, Pinoy Raket Online will be there to provide the necessary information and tips for every Filipino who wants to take a shot at this online money making. Also, I’m excited to announce that in the coming days, PinoyRak will not only be limited to making money with GPT programs. PinoyRak will expand it’s scope to internet affiliate marketing to putting up and monetizing a blog. So, no more excuses Pinoy! Take part and get your piece of the pie.

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