Making Money Online Guide

March 10, 2019
Making Money Online

Too many people, making money online is like seeing a mythical creature such as a unicorn. Often talked about but never really seen. And even those who have claimed to have seen it come from questionable sources such as rumours or hearsay.

More often than not someone with a hidden agenda would be responsible for such bold claims. The best example of this is someone trying to sell you a course on how to make money online.

Despite what online media and advertisements would have you believe, making money online is not about methods, coming from money, expecting instant results, or even finding the right mentor. What most people miss in all the smokescreen is that the real secret to making money online lies in YOU.

This should not come as a surprise as after all your attitude determines your altitude. Let us lay out some reasons why success shouldn’t depend on the factors others have been discussing.

But I need the right mentor. No, you don’t need one. No one would hold your hand and walk you through getting a business off the ground. If the prospects for a particular business were that good, they would take it. They would leverage to the hilt and invest in the business. Why would they bother about you?

Making Money Online

But I have not found the right method. There are so many ways to make money online out there. What if we told you they ALL work? There are certainly scams in each of these areas but if you avoid them and persist, they all make money. Drop shipping, affiliate marketing, copywriting, resume review, bookkeeping, consulting… The list is endless. Rather than looking for a method, why not look for skill sets you have and work to sell a product or service around it.

Even if you don’t have a relevant skill set, you can always build one. If there is one skill set we recommend you build, it would be sales. Why? Any facet of your life requires you to be good at it. Whether in dating (selling yourself as being better than your date’s other pursuers), in school (selling your business idea in a marketing project) and at work (selling yourself as being more capable than your peers).

The best book we would recommend on sales is that by Zig Ziglar’s Secrets of Closing the Sale. Once you acquire the skills sets for selling, you can easily transfer them to any product out there. And if you have enough entrepreneur friends you would know that most have no idea what works and what doesn’t. They test and adapt accordingly.

But I do not see any results even after X months. When I hear people making statements like this, I instantly know that they have been making the wrong comparisons. When people don’t see any results, what they are really complaining about is that they haven’t been able to make the kind of money they are making in their day jobs.

But what is really happening is that you are comparing apples with oranges. Once you secure a job, it becomes like a drug. You get paid just enough to keep you happy. In return for your labour each month, you get a fixed salary. Contrast this with starting your own business. Most businesses do not even breakeven during their first year in operations.

However, businesses have the potential to scale and you can even sell them if they are successful. Contrast this with your day job. Can you ever sell your career? To reemphasize, do not expect to see instant results. Those leading you to believe that making money online is easy are outright liars.

But I don’t have enough money to start an online business. Given the proliferation of freelance marketplaces online, there is absolutely no reason why you can’t begin today. A good example that any working adult can do – resume review. If you belong to a particular industry, you help those seeking to enter your industry to prepare their resumes for review.

Given that you have also been through an interview process, you can conduct mock interviews for them. This requires zero investment upfront.
Now that we have dispelled the various myths about making money online, we would discuss some of the best ways to make them in 2019.

Affiliate marketing For Making Money Online

Remember how we mentioned that anyone can pick up sales? This is where it comes in handy. Affiliate marketing is where you promote a certain product and in return receive a commission from the company, at no cost to the buyer. Most affiliate marketers use a landing page to advertise their products.

They then drive traffic to that particular page and get users to buy a certain product. For 2019, we believe the best niche for affiliate marketing is in pet care and cryptocurrencies. There is big money in protecting cryptocurrencies. In other words, selling cryptocurrency wallets or custodial solutions.

The cryptocurrency boom of 2017 may have burst but user adoption continues to increase steadily. Furthermore, plenty of institutional investors have taken note and are getting into the game. What we have witnessed in 2017 is merely the beginning of something much bigger.

Affiliate marketing best way to Making Money Online

Paid surveys and sweepstakes
I used to be actively involved in this space but have since moved on from this. The reason why I recommend this to beginners is that they do not require any time investment. Furthermore, they can always be done on the go. What’s more, they do not require a significant time commitment on your end. When I used to do this, I would complete surveys that pay well on my phone while commuting. No time wasted when commuting.

Make money online is tough. But if you cut out the number of noise and distractions, it boils down to a very simple two-step process.

Step 1: Work at least 12 + hours a day. If you have a day job, then you have to work even longer hours.

Step 2: If a particular method isn’t working, try and iterate on it. Do not give up. Find out what successful people in your field are doing and try to mimic them.