would like to start internet business (I spend so much time on the www I might as well use this opportunity to supplement my income) and extra money: Only How? I would like to see if that is possible to get get a investor (sponser) to start. How much can one make if you work 5 hours a day and what is best to do?
Your help will be very much appreciated.
Presuming you have a specific interest, other then just the "web", you can monetize (generate money with your interest) this the easiest on the Internet.
There are two major categories you can make money on the 'net. You can sell a product or service, or you can sell space for advertisement.
Both requires "eyeballs" or individuals visiting your site.
Your product or service, can be anything. It could be a tangible asset (something you can hold like a pencil), intengible (such as a software, or article, or electronic book), or a service (such as translation, or proof-reading).
These products and services will require you to set up, in essence a store front.
You will need to advertise your site on other web sites, and various other methods to drive more and more people to see, or visit your web site. A certain percentage will buy your product.
The other side, is of course selling advertising space on your web site. Your commodity is traffic. The person from the previous example needs people visiting their site, and you have people visiting your site, but no products. So you put an advertisement of the first person's site on your site – and they pay you a type of comission. Depending on the agreement, it could be making money when a visitor to your site sees the advertisement, clicks on the advertisement, or when the visitor following the advertisement purchases the product or service from the other web site.
As you can see, both sides of the 'net business model depends on "traffic".
I have included some links for your benefit.