Great article. When I decided to go into online marketing I went into it with open eyes. I had great expectations and dollar signs in my eyes. I was going to be a millionaire in two years. Then reality set in. But I love this business and I’ll keep plugging away. I may never get “rich” but I love what I’m doing and always learning something new and that to me is what rich is all about.
That’s so awesome. I’ve been to hundreds of the sites you mention that sugarcoat everything to make it sound like you can get rich real quick but the fact of the matter is that it took months and sometimes years for those people to get to where they are at. I have several mentors in my life. One of which is you by the way, from who I learn great lessons from. I have associated myself with a business model offline that creates great amounts of wealth and changes lives and the people that I’m involved in all talk about the same thing that you mentioned. It’s all about your mindset and your work habit. Success takes alot of hard work no matter what you are trying to accomplish.
#3. Almost zero expense to start. You can open your account with Robinhood, for example, and trade stocks for free. Almost zero expense to open an account and zero expense to trade stocks. Of course, you will need some capital to fund your account. I know. You can start with a small capital just to test the waters. Compare that to blogging, affiliate marketing and drop shipping which may require some up-front expense to start, in addition to your capital.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.
Making money online will take work and dedication. This series is not meant to be a get rich quick scheme on how to make money online. You will often do just as much if not more work as your day job. The difference is that you will love what you’re because it’s something that allows you to control your time while doing something you love or are at the very least skilled or interested in doing.
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.
Now, it’s time to start creating and uploading content. Make sure you’re using a high-enough quality camera (most smartphones will work but I’d suggest at least having a tripod so your footage isn’t shaky), but don’t worry about being perfect at first. The beauty of YouTube is that you can continue to test out different content and styles as you find what works for you. Instead, stick to a regular schedule to build up your subscriber base.
Then there are those who are just lucky. Back in college, I had a friend who convinced me to get into investing in the stock market. They had put $1,800 into a penny stock and from one day to the next, it increased in value (luckily) from $1,800 to $25,000. When I heard about that, I could not believe my ears. I decided to take $4,800 of my tuition money and invested into stock. I remember the value of my stock fluctuating between $4,200 and $5,400 a few times.
Running and charging for webinars can be a great way to build a following in your niche, demonstrate that you are an expert in your field, and make a profit. Hosting a webinar can be hard work. They need to first be promoted, provide original and valuable information, and include interactive elements so your audience can ask questions and engage with your topic. However, once you have built up a large blog following, each webinar can be extremely profitable.
Sharpe says that you shouldn't dive into internet marketing until you decide on a niche and figure out what you're passionate about. Do you want to join the make-money-online (MMO) niche? Or do you want to engage in another niche? For example, you could sell products or online courses about blogging or search engine optimization or anything else for that matter. Keep in mind that whatever you're selling, whatever niche you're in, that you need to embed yourself there deeply.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.