I have been asked often about how to make money online. I replied them that I will answer in a blog post.
It took me a while to finally have time to write this post.
First let me make clear to you that I don’t consider myself having success in making money online.
I not yet reach my goal.
Today I make between $200-$400 per month from my online business. To get more details of what I earned from online so far, check out my monthly income reports.
I started this blog in 2008 and I believe internet and the web are giving good opportunities to people to start their online business without big investment.
Second, I won’t recommend you to start making money online by doing these following methods:
- Click to get paid – There are a lot of websites that will pay you to click on ads. It’s easy right? You might get paid. I don’t know how much but let me ask you are you the kind of person who will do anything just for the money? Will this give you any meaning? Will you be able to sit and spend hours to click just to get money? I don’t. I am not interested in that kind of business.
- Fill in the survey – I never interested in this kind of service. How many survey will you be able to fill in? One day you will get tired of it. Are you be able to give wrong information just to get paid? The real goal of making money online is to get paid to do things we want to do.
- Ask your friends/family to join multi-level marketing – I wrote very details in this post.
There are many others wrong ways of making money online. There is no secret of how to make money online. Never buy a course that says it will teach you to make money online. If you do, you just lose your money online, instead of earning it.
Online business works as offline business. The only difference is that you don’t need a physical address for your business. You don’t need to rent an office and spend money on stationary. You just need a website. You can work from anywhere in the world. You can work from an internet cafe or from home. You can even work from the beach.
You don’t have to go from one house to another to tell people about your business. Write them down on your website and promote them to social media.
Internet will not give you any money. People have the money. Internet just facilitate your business to make it cost less and more accessible.
Now I think you get my point.
Don’t expect to get rich quick from the internet. There is no shortcut. There’s no easy money.
I might discourage you but I prefer to tell you the truth. Making money online is not easy. If you could make money offline, go and make it.
If you have some money, start doing something and think how the internet and online stuff could help your business. It might take some time before people trust you online. But once your brand is popular, it will help to grow your business.
If you don’t have any money, let’s look into these 4 different ways of making money online:
You can start a blog and monetize it by displaying Adsense.
To get success in Adsense, you need to have a lot of traffic come to your blog.
A few hundred visitors per day will make you a few dollars. You will need thousands of visitors per day, to earn a few hundreds per month.
It also depends on the topic you blog about. Some topics have high cost per click, some don’t make any money.
Now people are familiar with Ads, it is very hard to make them click.
Adsense might be the first choice to monetize your blog, but it won’t make you much money because we can’t control much.
This is how the most of failure bloggers finally make real money. They stop waiting for money to come from their blog. Because if they don’t have visitors, they can’t make any money.
By creating a good profile for yourself as freelancer, your rate per hour will increase. The more you complete the projects, the more people will gain trust on you. You will get more works and make more money.
3. Create Niche Sites
It’s a bit similar case to Adsense. You can start a website that focus on a very specific topic.
This is one of the real case. You can create a website that talks about survival knife. When someone want to buy a survival knife, they type in Google something like this “Best survival knife …”.
If you have a website that provides reviews about best survival knife and it appears on the first page of results, people will click to read your website.
Once they found a knife they like to buy, they will click and buy it from Amazon. You will get commission of that purchase.
You don’t have to worry anything about the stock, or shipping the knife when someone makes a purchase. It all will be done through Amazon. You just sit and relax. The money will come to your account at the end of the month.
This is one of the most popular methods of generate passive income.
Once your website get ranked on the first page of Google, you have done the most difficult job. The rest is to continue updating your website from time to time. That’s it.
4. Create Online Products
You can create any product that solves a problem to a very specific group of people and sell it online. It could be a software, a mobile Application or a web-based application. You can also create online course and sell it.
But before you create any product, you need to create your own platform or community where people are willing to buy whatever you create.
Don’t spend your time to build something that nobody wants to buy. You will waste your time and money.
Start to build your audiences first, listen to their pains and come up with solution.
The good example to look at is Brian Clark from copyblogger. He is a copywriter. He created copyblogger to share his knowledge about content marketing. After building a large audiences, he knows what his audiences want.
He converted copyblogger into software company where he sells SEO software, hosting, theme and many mores.
These are the 4 direct ways of making money online. It doesn’t limit just to these 4. There are many direct and indirect ways of making money online. All you need to do is to provide value to people, build your brand online, business will come later.
Make yourself known as an expert or influencer in the domain you are feel comfortable with. Help people to get what they want, they will help you to get what you want.