There are many different methods one can choose to make money online with the most popular including affiliate programs or starting your own business selling physical products. An often overlooked but highly attractive money making program is to create your own electronic book (ebook) to sell online.

The common factor in the majority of money making programs is that you are selling products created by someone else. For example, with affiliate programs you are promoting someone else’s product in hopes of obtaining a percentage of the profit; when selling physical products you are purchasing items to resell to the end consumer. In both of these approaches you stand to make money but there are variables you have no control over including the price of the product originally, availability of the product and the quality of the product.

The benefits of writing and selling your own ebook include:

-Complete creative control from concept through creation and design.
-Control of sales price.
-Control over availability and distribution.
-Control over marketing.
-A common obstacle most people associate with an ebook is the process of creating one. As a starting point you need to choose a subject.

-Choose a Subject
Everyone has a skill or life experience that others can benefit or learn from. If your struggling to find that perfect topic, spend some time writing a list of your skills and interests and ask your friends and family for ideas – things you have helped them with in the past or what skills they see you as having.

-Creating the eBook
Sit down and begin your ebook without being overly concerned with spelling or grammar. You can go back and clean up the mistakes, ask a friend to proof read your book or hire a professional to clean up and finalize your book; at this point you don’t want to get stopped before you start.

The advantages of creating your own product to sell are substantial. The time it takes to start-up your business will increase but having total control over all aspects of the business will make it all worth while. Motivation is likely to be your biggest road block at the start. If you can overcome this the sky is the limit!

James Wood is an Online Business Entrepreneur who recently co-wrote The Wealthy Skunk - Make Money Online.