We all have a bit of time to kill every now and then, particularly in the evening. You can turn this time into cash. You can make up to a thousand dollars a year by working online. There are various ways which a person can make money online and these include.
Affiliate marketing – Affiliate marketing is a more of a marketing that is basically based on performance whereby a business gives rewards one or even more affiliates for every customer or visitor they bring on board. People with good presence on social media, blogs and websites can start bringing in money by promoting various companies on their blogs or websites or social media. One simply needs to sign into a network, check their offers or browse the merchant listing and find something that you can easily sell within ninety days and earn a commission.
|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.
You can also make money by doing online surveys, researchers are often recruiting new members to answer surveys and test new products. In about fifteen minutes of filling out a survey form online, you can earn about five dollars. You would be surprised at how many research companies are willing to offer people money for their opinion, however not all research companies are legit while some might be fraudulent operations others such as Toluna, MySurvey, Valid Opinions and the opinion panels are legit and pay well. Swagbucks.com for instance rewards individuals for surveys as well as watching videos and playing games online.
You can also make money searching the web. It might seem rather odd for getting paid for doing something entertaining that you already do. You simply need to download and install a simple add-on onto your browser and when you conduct a search there may be a few sponsored results. This idea was innovated by Qmee.com and they pay one to search on Google, Bing or Yahoo. The good thing is that there is no minimum amount to cash out and the first payment is immediately wired into your PayPal account. Each result has a reward attached to it if interested simply click on it and get paid.
|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.
Blogging is yet another way through which an individual can make money online. First and foremost it’s legitimate but most importantly its fun and entertaining. Blogging requires patience persistence and discipline before one can start earning any money from it. Most bloggers write every day for a year or two before seeing any returns but once their blogs have enough web traffic they can use it to make money in a couple of ways for instance advertising for products on the blog, affiliate marketing where networks allow them to put up a link and earn commission when someone clicks on it. They can also create their own products, for example, an E-book and use their blog to promote it. Companies may also pay the bloggers to post their articles on the blog.
Lastly, email marketing is also another easy way to earn good money each a year working online. Email marketing is directly sending a commercial message to a group of people using email. The success of email marketing is determined by a couple of factors such as the size of your mail list. The size of your list though isn’t nearly as important as your personal relationship with you subscribers.
In conclusion, instead of idling around on your couch think of how many things you could do to make money working online.
|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.