Earning money online is not that difficult until we can find the exact sites to earn money online. Also there are different ways of online earning opportunities among which some are more popular than other.
Earning Money Writing Articles:-
|Make Money Online Idea #1: Make a YouTube Channel|
|I published my first video on my YouTube channel on October 6th, 2016. It was so crappy. It was a video of me traveling to Portugal to celebrate the success of my first online business idea. The entire trip was recorded from my iPhone.
It took 6 months before I made my first $1 from YouTube.
Those 6 months were brutal. The only people that were watching my videos was my mom and dad. And the entire process just felt like a waste of time.
There were many times that I just wanted to call it quits and to focus on something that made me more money for the time I was putting into it. But luckily, I continued to pump out more and more videos.
After a year of consistently publishing 2-3 videos a week, I now make an extra $50-$80/day simply by the ads that run before my video is played.
The reason why I love this online business idea is because these videos will last forever. And the views that I receive on a daily basis still remain consistent even if I don’t post videos for a while.
Here is how this business idea makes money:
Google pays you to run ads on your videos
Affiliate sales by recommending products in the description
Driving the traffic to your blog (most recommended)
Once you have a good amount of videos up, YouTube can provide constant flow of traffic to your affiliate offers and products or services. Its this constant flow that gives you the ability to make money in your sleep.
Here’s how I got started:
Research the niche that you want to get into
Find videos with high views and low subscribers
Make 10-15 videos about those similar topics
Once you have those corner stone videos getting views from being shown in the related videos on the similar videos you modeled, consistently pump out at least 2-3 videos a week
Watch your subscribers slowly grow over time
This is the exact process I used to go from zero subscribers to now around 250-500 subscribers a day.
|Make Money Online Idea #2: Blogging|
|As awesome as YouTube is, blogging is far more powerful. Why is that you ask?
Well for one, when people are viewing your YouTube videos, you technically do not own any of those viewers; YouTube does. In most cases it’s no problem, but all it takes is one mistake with YouTube’s terms & conditions and you’re out of a business.
Blogging is different. You are the one that owns all the traffic that comes to your site. Meaning you will always be in business as long as you focus on providing value.
I didn’t start focusing on this business idea until the beginning of 2017.
All I regret is one thing: I wish I would have started sooner.
Not only has blogging allowed me to help impact more people, it has also given me the ability to showcase all of my best resources for teaching people how to make money online in one place.
When I first started blogging, I was not computer savvy at all and had no idea how to create a blog. But luckily, Bluehost (the hosting service that mikevestil.com was initially built on) helped guide me throughout the entire process, and I had my blog up and running in no more than 10 minutes.
Right now there are many sites which provide money for writing articles. Articles may be related to anything. Some sites gives money for writing particular types of articles and some accept any types of articles. Some sites provide information regarding the topic for writing the article. Some people make this as a full time business too.
Generally writing articles is not that easy job and needs a lot of practice. Article writing is something like a boon which can be achieved but you need to follow some rules and regulations. This makes your articles more attractive and people don’t get bored while reading.
Now coming to the payment, some sites after submitting articles gives offer for your articles and asks whether you like it or not. Some sites informs the money you are going to get before you write articles and some sites gives money according to the number of visitors for your article.
Earning Money Completing surveys:-
Surveys are a set of queries which you need to answer. In general surveys are a series of questions for which you need to give your opinion. Generally earning money through surveys is more in US and Canada because more survey sites are concentrated there. You need to complete your profile in which you need to fill some details like your occupation, hobbies, education status, personal details and lot more. After completing these, you are allotted surveys which match your profile.
Generally each survey varies from $1 to $5. The more money you get for a survey the more time it takes to complete. A typical survey will be around 10 to 15 min. Generally survey sites provide individual payouts, i.e. if you earn $2 for a survey your paypal account will be updated with that money. But some survey sites keep a minimum payout and after reaching that minimum threshold you will be allotted checks.
Earn money writing reviews:-
This is also another popular way of earning money. Here you need to register with the companies first before writing reviews. Generally companies want reviews about products that are new to market as people need to know about the product. More review sites like reviews related to computers, mobiles, gadgets etc as they are the more fast moving products.
|Make Money Online Idea #3: Sell an Ebook|
|So after my initial success, I began traveling the world. The entire time I was traveling, I wrote down stories on my blog on what happened, the things I’ve seen, and the lessons I’ve learned.
Once I had enough content, I went over to Kindle and uploaded all of the content on there. I then went to Fiverr.com and had someone make me a book cover for only $5. That was the birth of The Lazy Man’s Guide to Living the Good Life.
One of the benefits of creating a blog is that you can monetize all the material on it in a more organized fashion in the form of a book.
For those that love the 4 Hour Work Week by Tim Ferriss, all that book was was a compilation of all of the old blog posts on Tim Ferris’ blog.
I ended up following his footsteps.
Even though my sales suck compare to the 4 Hour Work Week, I am still able to get an extra $100 – $200/ month profit without investing any more time into it.
Most people would see this as pennies compared to the other money making ideas out there, but the power of writing books is that it will exist forever.
This is income that has consistently been coming in and it’s not going anywhere.
And ever since I moved to Chiang Mai, Thailand to focus on my YouTube channel and my journey towards financial freedom, it’s enough to pay for my fully furnished apartment while I run around Asia building my personal brand.
Here is the action steps you can do to get started:
Create a blog
Document your entire journey to building your first online business from any of these ideas on this blog post
Naturally people will find you from the search engines and begin following your story
After you get your first major success, package all of your blog posts into an eBook and paperback book for free on Amazon Kindle
The visitors of your blog will naturally see your book
They will end up buying it because of the value and inspiration that you have already provided to them
I never thought in a million years that I would become “an author.” I was a C+ writer in high school at best. But there is this crazy feeling you get once you finish a book. You begin to realize that the book will last forever long after you’re gone. And that it has the power to impact millions, leaving a legacy that you can be proud of.
The only question now is what legacy will you be leaving behind when you are gone?
|Make Money Online Idea #4: Sell a Course|
|So if you focused your attention on building up a YouTube brand and a blog, naturally people will want to learn directly from you. They will thank you for all the free content that you have given them, and they’ll tell you how it was all life changing.
I remember when I got my first thank you email or snapchat message of how my free content on my blog and YouTube channel had helped someone make their first $100 online. It was mind blowing. I didn’t know how much of an impact I was actually having on people.
And these people that you have helped get initial success..
They will want more.
When I first got to this point, I tried helping everyone one on one as much as I could. But as my brand grew, I started to lose my time because I couldn’t help thousands of people personally every single day.
So to make things easier for myself and for everyone else, I ended up making a course. I realized that every single person I taught, I taught the exact same thing. So if I could organize them all into a video screen share tutorial, then it would give me the ability to impact more people.
So coming to the pay that you will be getting for each review will be around $2. Some sites give incentives and some sites give both straight money and also incentives too. Right now this is also a very good opportunity for earning money.
Earn Money Through Blogging:-
This is one of the most popular way of earning money online. Though this is the toughest way of earning money which takes more time to earn, this is best way of earning money. For the first few months until your site gets some traffic you will not be getting any money from your blog. That will be a very hard time until your blog gets some popularity. Once the blog gets popular then people can start earning money.
Right now its hard to find good blogs because they need to be updated regularly. Generally developing blogs need some patience. Once the patience was lost its difficult to maintain the blog. Generally blog owners, from the starting of the blog try to earn money since the blog has started and if they can’t earn then they loose interest and the blog automatically dies. So, it’s something like a business which needs more patience.
Earn Money By Affiliate Marketing:-
Affiliates are something like a part of a company and the way affiliate marketing works is simple. You need to promote the products they give and if people buy those products from you, then you will be given some percentage in the sale. This is one of the difficult businesses but which can produce shower of dollars if you know the secret. Right now on the internet there are very good tutorials for learning the tricks. So this is also a good way to earn but right now there is a big competition to make money like this. Hence if you are opting then you will enter into a fierce competition and if stand top from the peers then you can see the full time earning opportunity and you can quit your job.
Earn Money Participating In Forums:-
This is also a part of online earning opportunities, which is gaining its craze in the last few months. Right now there are many forums which are giving money for participating. So people are participating in many forums at the same time so all the collected earnings will give you handsome amount of money. But for writing in forums some rules should be followed. If they are not followed then the administrator of the forums will ban the accounts. Hence if the rules are followed correctly then its easy to earn money from these forums. Right now we can earn simultaneously in three ways at the same time actively participating in forums.
It is sure a very good part time and even can convert to a full time if you are to totally dedicate.
|Make Money Online Idea #5: Affiliate Marketing|
|Now as your brand grows because of the amount of value you provide, your audience will begin asking for more products that have helped you out.
For example for me, people wanted to know the exact softwares I was using to run my business.
The two major ones that I use are Shopify for anything eCommerce related and Clickfunnels for anything sales funnels related.
And since these two had affiliate programs, I would get a commission whenever I would recommend these products.
I would have recommended these products regardless. But with affiliate marketing, I get paid to share the products that I personally love using.
|Make Money Online Idea #5: Product Sales Funnels|
|Product sales funnels are amazing. What are they? In essence, they give you the ability to sell more shit.
Plain and simple.
Product sales funnels have these things called up sells, down sells, cross sells, all of these increase the lifetime value of a customer.
I highly recommend product sales funnels because they are the most efficient in making high revenues with low spend on advertising.