As you may already know, there are many ways to make money online. With a little creativity and work, you can build your online empire and create multiple streams of income. It isn’t wise to have only one stream of income, especially on the Internet, where things can change radically almost overnight. The market is very volatile on the Internet so you need to be ready whatever happens and have in place multiple streams of cashflow.

Here are 3 ways to make money online that many have not thought of:

1. Freelancing. If you have a talent for writing, you can get paid for writing online. Simply bid for projects at sites like elance.com and you may be hired to write a few articles or even a complete book. As you get more positive feedback, you can charge more for your services.

2. Buying domains and reselling them for profit. What’s in a name? Domains are hot commodity on the web. Not all the profitable domain names are taken up. There are hidden goldmines out there. Everyday, thousands of domain names are expiring. If you can find just one domain which a big company might be interested in, you could be raking in 5 figures. It’s no joke, thousands of people are doing this even for a living.

3. Selling virtual gold. No, not e-gold! Thousands of people are making money acquiring and selling World Of Warcraft gold, particularly in China. Others are also pulling in profits from the game Second Life. If you enjoy gaming, this may be a profitable solution for you.

These are just three ways of making money online. Can you think of more?

Fabian Tan makes a short trip to his office everyday – his home! In 2006, he ‘murdered’ his job and now earns a solid income online. Go behind the scenes to discover more of his job-killing strategies and secrets at MurderYourJob.com