Best Long Term Internet Business Strategy

[Yaro]

I've been asking around seeing what format of web business people think is the best for long term stability and growth.

Niche content websites using advertising programs like adsense?
- This is okay when you get many websites under your belt, but it doesn't seem great as a long term strategy.

Affiliate marketing
- This again seems to have fantastic potential, especially when you can sign people up for recursive programs so you keep making money but is it really a good long term strategy?

Build an e-business
- Create something that sells a product or service and go to work building a business. This I believe has the best potential upside, certainly if you sell the business or get taken over or grow really large, but the workload and risk seems the greatest. It's the hardest area to have success in my opinion as well.

Personally I'd like to do all three and in fact that's what I am doing right now, but in terms of long term stability it's really hard to gauge. Maybe there are some people that have been making money online now for a long time that can talk about their experiences over time - which works best for long term and what tends to die out after a few years.

Realistically though we don't always want to be proactively working on projects so when I say long term stability it's important to distinguish that what we do today can't necessarily be maintained forever, hence the need for passive income.

Perhaps I should rephrase that to long-term, passive income.