Here is the definitive guide to how to make money online. So you’re wondering how to make money online?
You’re motivated and really want to do it, but you just haven’t figured out how? I was in the exact same position and I had the very same problem, so I’ll help you out here.
(Modified after Source, by 401(K) 2012, CC BY-SA 2.0)
The Problem is: No one tells you how to make money online
When I turned 25, all of a sudden I had this incredibly strong urge to get really rich. I didn’t just want to lead your average life, I really wanted to give it all I had and achieve something outstanding.
After all, you only live once and life is a precious gift. So you might as well make most of it and make your time on earth worthwhile.
Why not give it all you’ve got and become wealthy and successful?
Why not try to achieve something outstanding?
You might as well try!
Anyways, so after my birthday, this powerful motivation overcame me and I really wanted to become wealthy and powerful. The motivation was there.
However, the massive problem was: There was no one there to tell me how to make money online or how to get wealthy.
So I regularly met up with a friend of mine and we brainstormed. We sought to find great ideas that would make us rich.
Easier said than done, of course.
If you get into e-commerce or come up with a great invention, the costs can be considerable.
Also, we didn’t really come up with any really good ideas. You just can’t force it.
So next I bought all the books you could find on how to make money online and get rich.
I started with the all-time classic Think And Grow Rich by Napoleon Hill.
That book steered me in the right direction.
I then read tons of other books and programs on how to make money.
I have also compiled a list of the 5 best books of all time on how to make money. This will surely save you a lot of time.
After having read loads and loads of books on how to make money, I was much smarter.
There Really Is Only One Way
I’ll make it short for you. If you want to make money online and want to get rich, there is only one possible way to go about it.
You need to produce something (preferably digital) and distribute it among loads of people.
Produce something of worth that others find useful, helpful, entertaining, uplifting, motivating, informative,…
It doesn’t have to be an ebook or a video course, though. You can make a website that people visit and make money off that.
Set up a system that produces money for you. Automatically. And quit your job if you want to become rich. As a matter of fact, working a job is the absolute worst thing you can do if you want to become wealthy (in 99.5% of the population).
The Problem With Having a Job
Lack of scalability.
You get paid by the hour and there’s only 24 hours in a day. You can’t just work 40 hours a day to make more money. It doesn’t work like that.
However, if you have a system in place that generates income for you (passive income) then you take the factor time out of the equation.
Your system will make money for you even when you sleep, eat, watch Netflix, work out, of go on holiday.
Don’t Do Paid Online Surveys
Ways to make money online are countless. There is only one way that will lead you to success, though.
Numerous other ways don’t work. The most popular example being paid online surveys.
Don’t do paid online surveys.
I definitely do not recommend them. Don’t waste your time. Sure, you can make money online by filling out paid online surveys.
But the reason I don’t recommend it is: It’s just another job.
You only get paid when you complete a survey. Therein lies the problem.
The numbers of hours in your day are limited. Therefore, there are only so many surveys you can complete. What is more, you don’t really make all that much
But as I said, you need a system that makes money for you.
For that reason, we move on to a much more sensible approach.
Create Your Own Website or Blog
Here’s the best advice you can get on how to make money online:
Your own website should be the focal point of your income.
You need to make a website. It’s that simple.
Ways to Make Money off Your Website
Once you have a website in place, you have numerous options on how to make money online. The most successful ones are:
Make money with Adsense
All you need is people that visit your website. When they click on an ad that they find interesting, you get paid. It’s that simple. And the beautiful thing about it is, you make money while you sleep. Your website produces passive income for you. This frees up your time to work on other projects if you wish.
Adsense was the first way I found to make money online when I started out.
Sell ad space on your website/blog
Let’s say you are interested in cars and make a website about cars. Car repair service companies then might ask you, if they could advertise on your website, because that way they can target possible customers. If you rent out ad space on your website or blog, you can get paid 500$ per week for example to let other companies advertise on your website.
An other benefit is you determine who gets to advertise on your website.
It seems like everybody and their uncle is talking about affiliate marketing these days. And rightly so. Affiliate marketing can be a wonderful way to make money online. It’s actually really simple.
Let’s say you’re an avid runner and you’ve tried and tested lots of different running shoes. You could then write a review and tell your readers what you think is the best running shoe and why. You include links to the product in your review and when people click on it and buy the product you get a certain percentage of the sale.
This is a simple and effective way to make money online. All you need to do is register as an affiliate partner with companies such as Amazon.com.
That is also how I started out after experimenting with Adsense. Affiliate marketing was how I made my first real money.
Sell your own goods
The product you sell isn’t digital. Therefore I personally recommend this with a slight reservation. Digital products are just much easier to handle and the costs are a lot lower.
But nonetheless, if you have a great product you can sell, go for it. Just set up a website and sell your product. You could come up with something new and innovative or buy a product that sells well cheaper and sell it for more.
Maybe you have made an improvement to a common household item that will make people’s lives easier. Then go ahead and start selling.
You wouldn’t want to withhold your great idea from the world, would you? You’d actually make this world a better place, which is a great thing.
Sell an information product
Now here’s a fantastic way to make money online. It’s scalable, it doesn’t spoil, your customers receive their product immediately, and you help solve people’s problems.
Here’s the formula to getting rich quick: Solve people’s problems and make the solution available to them.
A personal example:
My younger brother’s a pro when it comes to playing volleyball. He has been working on improving his jumping power for years. He’s always trying out new exercises, and experiments with what works.
He managed to increase his jumping power significantly, which is a great thing obviously if you’re a volleyball player. If you’re lacking jumping power, you have a real problem.
So I told him, why not make a website where you can share your solution to this problem with other people. There are people out there who are looking to do what you have already achieved. Just write all your knowledge and your experience down, condense it in one ebook and give it to the people who wish to increase their jumping power.
He’s had no previous knowledge about how to make a website, but I helped him with that and now he’s quite successful.
The trick here is not to scam people. You should never try to get something for nothing.
Just think about in what area in your life are you a pro? What do you do well? Where could you help other people to get where you already are?
You don’t even need to be the absolute best in the world. You just need to be able to help others by providing them with value (knowledge, experience, entertainment, advice,…).
Then put your solution into words (ebook) or show people how to do it (video course) and make it available on your website
You will help you fellow man and woman and make money as well, that’s a double win.
Provide something of great value that will enrich people’s lives
and people will gladly pay you.
As a matter of fact, if you have something really great, you would do the world a disservice by not selling it. And you don’t need to give it away for free, either.
If you get something an other person produced that made your life so much easier or better or is the solution to one of your problems, wouldn’t you actually want to give them some money in return out of a sense of gratitude?
If you were suffering from terminal cancer and somebody came up with a solution, wouldn’t you want to give them money to express how thankful you are? Of course you would.
So to sum it all up, how to make money online is easy. All you need to do is make a website, provide something of value to other people and find a way to get paid. That’s it.
And if you wait too long, other people might do the very thing you wanted to do.
So get on it, make a website and produce something cool for the world.
What are you planning to do? Have anything else to share? Let me know in the comments below!