How to earn more money?
By dhayalram123
@dhayalram123 (10)
India
January 5, 2011 6:39am CST
How to earn more money in mylot.com?
Is anybody earned more then $1000 per month? much maximum we can earn? what i can do for that?
5 responses
@inu1711 (5285)
• Romania
6 Jan 11
Hello dhayalarm and welcome to myLot.
I wonder who told you that it is possible to earn this much from myLot?
MyLot is legit, it pays - there's no doubt about this, but it's very difficult (if not impossible) to earn $1000 a month.
There is no maximum on how much you can earn, it depends only on how active are you and your referrals.
For your first weeks here you will see that you don't earn too much, but as soon as you understand what are you supposed to do here in order to earn more, you will see your earning increasing. Don't think about such a big amount of money from the begining, just be active and see how much you can earn, then you may want to set a resonable goal for your earnings here.
Good luck!
@inu1711 (5285)
• Romania
6 Jan 11
For now there aren't tasks for $2.5. I haven't seen Sharonbucks for quite a time.
Anyway, assuming that she was here every day, 30 days multiplied with $10 is $300, which is far from $1000.
We cannot count on our referrals' tasks, as we won't earn 25% from their tasks earning, but only from their participation.
@maclanis (2406)
• Belgium
5 Jan 11
I think it's pretty much impossible to earn $1000 a month here on mylot. You would have to be on here day and night! I'm finding it hard to even reach $10 each month. But I'm not here just for the money, I'm here to have fun and make friend as well. :) The maximum you can earn? I don't really know if there is a maximum.
An easy way to make money on here is by doing tasks.
@owlwings (43910)
• Cambridge, England
5 Jan 11
jmjohn23, read THIS page: http://www.mylot.com/o/faq/faq6.aspx#14
@owlwings (43910)
• Cambridge, England
5 Jan 11
Read the advice given here: http://www.mylot.com/o/faq/faq6.aspx#14
There is NO maximum. There are some who reach the minimum payout every month but $1000 is quite ridiculous. If you ever thought that was possible, somebody seriously misled you!
@owlwings (43910)
• Cambridge, England
5 Jan 11
Actually, if you had enough referrals, it is theoretically possible, HOWEVER:
We earn 25% of what our referrals earn.
Suppose that each referral manages to achieve $10 a month (VERY unlikely!), then each referral would earn you $2.50 a month and you would need 400 referrals ALL doing that.
Even assuming that each referral makes only $2 - $3 a month each (a little more realistic), you would need well over 1000 referrals.
Now consider that there are already over 200,000 members after 5 years (increasing by 50 or so each day at the moment) and that MOST of those have already given up and left because the site was not for them, even if you were able to attract 1000 referrals, I doubt whether even 1% (10) of them would stay and earn for you. Now you will have to attract at least 200,000 members - the same number that MyLot itself has attracted in 5 years - in order to reach your target!
@mysdianait (66009)
• Italy
6 Jan 11
You will not earn anything for these responses here. We earn for them because WE posted them.
You only earn for what YOU post so maybe you should come back and comment on them and turn this into a discussion?
@fabsprecious (1565)
• United States
5 Jan 11
God I wish, in order to make that amount of money you need to be extremely active almost 24/7. Unfortunately between work, home and school I am unable to be as active as I would like to in mylot. But if you have the time I am pretty sure you'll be pretty successful.
Good Luck and welcome to mylot.