Opinion or curiosity question....

How much L$ people make in the numerous types of businesses there are in SL seems to vary quite a bit.... From the big money makers like Anshe Chung to the small vendor stall renters making just a few L$ a week. So, out of curiosity.... what would you say are the best ways to make really good money in SL? Is it making and selling clothes? Prefab buildings? Land ownership?

Sex and land

Or Land with sex, mabey sex on the land?

But all things you like to make are good to start with!

It takes a prim to build an Empire!

I wouldn't say there was a 'best way'

Things that work for some don't for others. The ultimate goal is the opening no one else has spotted... providing you have the skills/talent/time to make it work.

The biggest asset in SL is probably the ability to spot gaps in the market, to look at how things are being done and find a better way.

It takes time, determination, and sometimes requires investment.

what you do to make money isnt the important thing...... just like anything else in life to make it pay off you have to do a lot of hard work.... SL isnt the pot of gold at the end of the rainbow If one is willing to devote the time and work into it it will payoff. Thinking of it as a get rich quick scheme will not work

I would say that was very sound advice.

There are hundreds of laggy clubs all playing the same stream, and the same amount of badly designed malls.

It all depends what your goal is in game.

If you want to get rich quick, forget it. Casinos or selling sex animations seem to be very popular - but there is already more providers than those seeking it, so it's very competitive.

Remember the important thing though ... low traffic, all earnt, is far more rewarding than high traffic made from zombies who you are bribing to sit on your land for hours on end.

I have a small store, and I'm lucky if I take L$300 a week, partly because it's a semi saturated market, partly because my items are low price as well as low prim.

I have a nightclub that is only really used when I host events, which I may get a payment of L$2 or L$3 a day if I'm lucky, for traffic.

But I don't care. I pay to play the game and entertain myself, and if others can get satisfaction from what I have created - that's a bonus to me.

If you gave us some idea about your first life, what you like doing, what sort of character you are, and more importantly what you like doing.... I'm sure we can come up with some suggestions if you want.

Lewis

Well right now I've just been doing the things I enjoy doing, making clothes (though I'm still just learning so my stuff isn't as great as a lot of whats out there) planning weddings and events for people, etc. My SL income only averages about 100 to 200L a day, with the occasional (maybe once a month or so) large 2000 or so L$ drop into my account for some event that I do for someone.

As it is, my dream (or total silly fantasy lol) would be to take in the equivalent of about 4 or 500 a month US$ just doing second life (the amount I would make working a part time job outside my home) and be able to stay home and enjoy my kids and my time here.

Like I said, total sily fantasy, but there it is.

One day, while hovering in a shop with at least 10 other avis, and making several purchases myself, I came to the conclusion that the big bucks are in


HAIR!

There's only one way to make really good money.

Think of the effort one puts into limiting oneself every day. Negative thoughts, feelings of insecurity, late to the race, all that. Then, simply stop doing it.


Take a risk, take a chance; live, laugh, love.


Whatever fascinates along the way will suddenly start showering you with money, amongst other wonderful things.

Desmond come come....

You sit down and do a careful business plan, which involves research, costing out both initial time and money spent, and most important of all you establish a stop loss if things go pear shaped.

Naturally a business plan needs to be adaptable as circumstances change, but a clear outline (with parameters of which outside you will not step) establishes a framework.

For example, with my current first life business the time element within reason is not an issue as I work from home (providing I can watch the markets on a dual monitor), as for real money in I have set my limit in stone.

Luck happens...but usually only for those who work at it.

The male end of the market is largely unexploited outside cars/toys/weapons/sex. I see unfulfilled demand for McGap clothes, hair and shoes. But they have to be good; ergo someone interested in this market has to invest a helluva lotta time in throw-away items, ramping up their skills to meet a demand for really exceptional products.

The money in those markets is in volume, not price point, so to sell at high volume, you gotta be good.



I would add a corollary to that: the biggest skill in SL is learning to market your business. (Note: marketing and advertising are not the same thing.) The number of SL businesses who absolutely suck at both marketing and advertising is mind blowing. What works for RL retailing works for SL retailing, and the number of people who don't take the time to learn about that when trying to build a SL business really amazes me. Plus, in SL we have all these extra tools, and people really do not seem to understand how to leverage them.

I consistantly fight the urge to start a SL Business Boot Camp because to see so much effort going into doing something so poorly really annoys me.

Paulismyname ... may I ask (if you're comfortable saying here) what your home business is?