For the most part, the 6-figure, 7-figure, and 8-figure-earners and up are making a large majority of their income by scaling out offers that they control. If you're just starting out, that avenue isn't for you. It only comes over time as you come to understand the field. As Sharpe says, most people first need to get a lay of the land and cruise through the virtual sales landscape before they dive into a massive undertaking like creating their own digital products and sales funnels.
So, making money on the internet isn't just a pipe dream. You can do it. But, there is a path forward. It's not the one of least resistance. But, it does offer a gateway to online wealth. Yes, it's achievable. But, it won't be easy. After over a decade of marketing on the internet, looking back, I can tell you that there are three particular things you need to be doing if you seriously want to make money on the internet.
No matter what method you end up using to generate an income on the web, you need to adjust your mindset to help empower you rather than discourage you. The truth? Making money online can be fraught with avoidable pitfalls. There's no shortage to the rah-rah cheers of internet marketers looking to find ways to ensure they part you from your hard-earned cash. The trick? Cancel the noise and get to the real meat and potatoes, so to speak.
Michael Stelzner, founder of Social Media Examiner, creates offline and online events and make money by putting a ticket price on them. This is another great money making opportunity, all you need to do is to create an event which is similar to him and earn through this strategy, but this method has a turn off and that is, you need to have a huge following or resource to get your message spread to wide people, otherwise you may not see much people paying to you.
"I also use MyGirlFund to help out my financial situation — I know that going to university will be expensive and MyGirlFund is going to enable me to actually go to uni and live a bit more comfortably whilst I'm there. ... I am totally myself on MyGirlFund, although possibly more flirty than I would be in real life, because the site and the compliments enable me to feel more confident about myself."
What makes it even greater is that there are countless ways of earning an income out there that don’t require any skills or education. So even if you don’t have a PhD in science- it’s still an open market for you. You just have to find out your biggest strengths and most developed skills that will make you unique and in demand for a variety of services.
I remember talking to someone I met at a Toastmaster's event. She was making a typical $60,000/year from a corporate job. She spent over $10k buying info products, going to marketing seminars/conferences etc. The started a few projects that never got anywhere. She understood that she was buying the "dream". For her these products where entertainment.
One thing I would mention is that one of my mentors told me recently that jumping from project to project is a terrible thing to do and will ensure that you aren’t able to dominate any one niche and make as much as you can. Focus is definitely needed if you are going to be successful online. Perfect one thing and then move on to the next – That’s what I would say.
If you have experience as a personal assistant, secretary, admin assistant, or something in a similar field, then becoming an online PA may be a great role for you. Many professionals want someone to help organize their business and personal affairs. Jobs could include sending emails, managing financial affairs, booking flights and arranging day to day activities. If you are interested in this line of work there are many PA agencies that are crying out for reliable assistants.
Build up a following on your Instagram account and you could quickly be making extra money online. Major brands, gear companies, and even startups are willing to shell out $500-$5,000+ per post to get in front of your audience. While it’s getting harder and harder to build a massive Instagram audience, if you already have a solid niche and are posting quality content regularly, with a few small tweaks you can make yourself an influencer. Check out this awesome article from Shopify on how to build and grow your Instagram following to get started.
Taking surveys online can be a great way to make some extra money while watching TV or just killing time. While I don’t personally think it’s possible to replace your full-time income with money you make from surveys, it’s very possible to make a few extra hundred bucks every couple of months. And since it can be done in your spare time or while watching television, why not?!
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service, refunds and so on. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. Sound like a lot of work? Sure, it is. Especially if you do it all on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay.
Now, it’s time to plan out your show. If you’re doing an interview-style show, you’ll now want to start getting some guests involved. You can use your existing social network to reach out to people you already know or are connected with on Twitter or Facebook. You can also head to Medium or Amazon to find authors or experts on topics specific to your niche.
Now you may be asking, how can I really make money online? Is it legitimate? Is it possible? Yes and yes. You can make money online and there are tons of legitimate opportunities for you to do so. We’ll cover a total of 15 ways to do so here but we will make this a 3 part series since I want to go into details with each way to make money online.
Some of the most successful digital nomads in the world are coders, working from the most obscure places while traveling from city to city, globe trotting around the earth. However, the learning curve is high. I’ve been a software engineer for over 15 years now and it’s been one of my obsessions, and it most certainly takes an acute drive and passion to excel in this industry.
While employed at architecture firm in 2007, Pat Flynn noticed that no one in his department was taking advantage of Leadership in Energy and Environmental Design (LEED). The reason? The exam was extremely difficult to pass. Pat realized this opportunity and created a blog to help people study for the exam. Pat has since championed “passive income,” with 12 websites and an accumulated 100,000 email subscribers.
What is better than having your own business? Not having to invest in it initially, of course. There are endless possibilities for what you can do to earn cash online and most of them require little to no investment. Starting an online business may cost you a little sum but taking separate gigs for extra bucks has no monetary obligation.Anyone can start making money off the internet right now.
You may decide to create free videos as extra content for your blog, and not sell them at all. If this is the case then you can still make money from these videos by selling advertising space on them (in the same way as discussed for monetizing podcasts). Once you have high volumes of traffic visiting your blog, and watching your videos, you can charge businesses to advertise at the beginning of your videos. Use website’s like Izea to help you connect with companies willing to pay to advertise on your blog.
I’ve been blogging for three years and am consistently making $2,000+ per month. I work no more than 10 hours a month on my blog. While it took a while to start making consistent income (about a year of solid work), the income is now relatively passive. Blogging is a huge passion of mine and I encourage everyone who enjoys writing and wants to earn extra money to start a blog.
No matter if you start a blog, do freelancing or small separate gigs, social media always plays a crucial role. If you are freelancer you can use it to brand yourself or your blog and if you are making the extra bucks through small tasks and apps, most of them offer incentives if you share them with your friends. There’s another upside- if you manage to grow and develop your social network, you can even begin to get paid from companies to advertise their business on your personal profiles.
Market research is the process of collecting data about consumers. Companies want to know if the product they are producing meets the needs of their customers, so they can continue to provide the best possible product. Without accurate information businesses cannot make informed decisions. That’s why companies create surveys and are willing to pay you to make money online by giving your opinion.
If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.
Next, you need to set up and build your YouTube channel. Your YouTube channel is your homebase for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).
I am 17 in May and currently studying year 12. I don’t have a job though have tried a couple times. Given i have exams coming up i can’t manage a normal job but need some source of income – even if its small. I’m not all that technical so a lot of the things up there don’t work. I have strong english skills, love working with kids. I like sport, , languages animals and can cook. I have tried to get babysitting but haven’t had much luck so far.
I fell for the hype a few times before. I got into High Yield Investment Projects in the past. I was excited because I could earn anywhere between 40 and 90% return in just one month. It was an awesome dream and I bought into it – so much so that I took half of my wedding money and invested it into that “sure thing”. Needless to say, I did not spend as much on my wedding as I thought I would.
Matched Betting (not available in the USA) enables you to gamble (nearly) risk-free. I say nearly as there is always room for error! It involves placing bets on all outcomes of an event, using free online bets given out by the Bookies. Although it may take a while to get your head around the concept, Matched Betting can make a substantial addition to your monthly income.
My understanding is that you have to subscribe/pay for the business version of Word Press in order to use any of the monetizing functions. I think you should clearly state this in this article at the beginning. I think there is a degree of bait and switch here if people are just signing up for the free subscription and then finding out they have to pay for a subscription to make money. I am ok with that, it just needs to be stated up front everywhere.
"Some people certainly use MyGirlFund as their primary platform for social interaction, although I don't think this is entirely common, but definitely on the rise," she adds. "I don't have an opinion as to whether of not it's dangerous, as that's not for me to say; it may work for some people and not for others. The only danger I've noticed is when girls do things such as GFE [girlfriend experience] when the buyer tends to forget or lose sight of the fact that this is a job for the seller, and not genuine feelings in most cases."
Right now, I'm starting to reap the benefits of the kind of work that it takes to reach that level. When I started as a Freebie Trader, I literally worked every free minute (considering I also have a full-time job) specifically on Freebies to build up to where I was making $2,000 in pure profit per month. Right now, if I were to work an hour daily, I can easily make that much and beyond. However, my plan by the summer is to be making at least $10,000 in pure profit on a monthly basis. So I continue to work, but in a strategic way, with definite goals in mind, while educating myself to where I understand what it takes.
If you are a professional photographer, or have a real flair for photography, then selling your images on other sites could be an idea. This could be done alongside your own photography site, as it is a good way help get your work viewed by a wider audience. There are numerous stock image websites to contribute to, but choosing a popular high-end site like Shutterstock should ensure your photographs make you some money.
I think you nailed it here. Excellent post. I’ve found that once you get the puzzle pieces somewhat worked out, you still waste a lot of time reinventing the wheel. I’ve made it my life’s goal to get better at re-using scripts, re-using pages, and to develop other more repeatable processes. That’s one of the biggest challenges I have today. Once that’s solved, then it’s time for more traffic generation and relationship-building! Thanks for the great post.
Over the years, we’ve written many blog posts around monetizing, best practices and more to help you earn revenue from the great content you create. Since every website is different and adapting to the changing digital media landscape is key, we rounded up our top posts around earning online to help you find a monetization solution that fits (and most of all actually helps you earn!)
I talk about the difference between active income and passive income so that you can get a lay of the land. If you're serious about making money, or getting rich by any measure, the first thing you need to do is stop directly exchanging your time for money. Now, that's hard if you have significant expenses. You need to eat and survive. You have to pay your student loans, car payments and mortgage or rent. Plus everything else.
Why am I telling you all of this? The answer is pretty simple. I want you to get the understanding that making money online (at least in the initial stages), takes A LOT of STUDY and WORK! That's the unknown secret of Internet Marketing Gurus. Anyone can make a few hundred dollars. To be quite honest, you can make a few hundred dollars in your FIRST MONTH as a Freebie Trader. To be even MORE honest, it's much harder to profit $2,000+ each and every month, which is the reason I built this blog, and so many other people have their blogs on Internet Marketing – To save you the struggles that we had in getting going.
Great ideas! Thanks! I have been doing an app called inbox dollars. You take surveys, check email, watch videos, ect to earn money. I have earned $35 in the past 6 months. It’s not a lot but anything helps! I have also recently joined Plexus. It’s a health and wellness company that offers natural plant based supplements. I have lost 8 pounds in 4 months and also earned extra income! It’s a win win situation! Better your health and earn money! Check here to see how you can join me! http://www.shopmyplexus.com/sheltonplexus
Successful people have a different approach. Instead of trying everything and “seeing what works,” they have a system — a step-by-step plan that guides them from finding their first profitable idea to figuring out what people need their services and getting paying clients. Everything else, from blogging to getting better business cards, is a time-waster they eliminate.
It's not like sex isn't to some extent a gateway: One woman I speak with has the username HollyBigBoobs. She tells me: "I've even found myself talking to my friends on MyGirlFund about stuff I just don't feel like I can talk about to my family or friends outside of this site. It's endearing actually, and I'm sure it works like that for some of the guys on MyGirlFund."
Rent out your car when you’re not using it at GetAround.com. Here’s how the program works, simply list your car for free and manage rentals via the GetAround.com website. You set your own rates, hours, and who you want to rent to. Rental earnings are paid on the 15th of the following month, and GetAround.com takes a 40% commission on rentals to cover insurance and customer support.