Is making money online possible and easy?
Is making money online possible and easy?
Making money online has become very popular in recent times. More people are now going online to learn, shop, etc.
In the future, it is anticipated that more people will be getting access to the internet and going online to shop and learn.
So, is making money online easy and possible? Is that something you can easily do?
Yes, making online is possible and easy if you are committed, patient, and you believe it is possible for you.
It is also easy if you take the right steps like investing, learning the right skills, willing to pivot, change and design a method/online business that serves your life’s vision and purpose (growing and serving).
It can be hard and impossible to make money online if you are not committed, patient, and/or do not believe it is possible for you.
If you do not take the right steps like investing, learning the right skill(s), are not willing to pivot, change, and design a method/online business that serves your life’s vision and purpose (growing and serving).
You may be wondering where to start and what would be good steps to take before making money online. Let’s discuss that next.
5 steps to take before you begin making money online
Vision
The method you choose to earn income online should be aligned to your values and your life vision which is what you consider to be the best way to live your life.
Begin by figuring out why you want to earn money online, What is your income goal? Is it to earn a full-time income? Make a little bit of extra money on the side?
How much time are you willing to invest in it (hours/days in a week)? will you be hiring a team? Are you interested in passive or active ways to earn money? How much vacation will I take?
Discover your purpose and decide what your long-term life vision is. How do you want to live your best life? Identify what matters to you (top values)?
If you had no limitations, what would a dream day in your life look like? What are your most desired experiences in every area of your life? What habits, beliefs and identity would you have?
What types of relationships would you have? How would you serve others and make an impact? How much time would you spend on personal growth?
Who
Who are you being called to serve? Choose an audience that you are passionate about helping. Someone who is ready for a transformation or about to start a new journey.
This person is often in a similar life stage or situation that you used to before you started your transformational journey or solved your problem.
It can also be someone who is in the same cohort group as one of your loved ones that you want to help.
Problem
Given your life experiences (highs and lows), skills, purpose, and talents, what problem do you want to help others solve? What desires can you help them achieve?
Who can you aspire them to be? It is important to choose a problem that lights you up and that you are excited about.
It is important to choose a problem that you are enthusiastic about solving to carry you through the tough times that you may experience while building your business.
Model
Decide what model you want to use to earn money online.
Validate the method, niche, and market by researching other competitors earning money online in the same market to get ideas of different models they are using to earn money online that you can use too.
Expand
Find and invest in mentors, coaches, courses, and communities that are earning money online so you can learn and expand your skills, talents, knowledge, network, and relationships.
We can achieve a lot more when we work together and have other people cheer and help us on our making money online journey.
Ideas for making money online
I am going to share below some ideas of different ways to earn money online. Some require low investment and are easier than others.
Freelancing
You can be hired as an independent contractor to provide services for different companies online. It gives you the flexibility to work from home or remotely from any part of the world.
There are several different services that you could be hired for like customer support, data entry, and proofreading. The most popular freelance websites are Upwork and Fiverr.
You can visit these websites to get that a better idea of what kind of jobs you would be suitable for based on your skills, talents, and past work experience.
Virtual Assistant
You can become a virtual assistant, an online secretary that helps different business owners with routined or general business tasks so they can focus on their more important tasks.
Some of the tasks a virtual assistant does are organize and prioritize daily schedules, set appointments and meetings, set reminders for important tasks, follow up with different stakeholders, organize and answer emails, any documentation tasks, and data entry tasks.
Create a Niche website
You can pick a niche, validate it, and start writing articles on this topic. Once you start getting a lot of traffic coming to your site, you can earn ad revenue from different companies like ezoic, media vine, or ad thrive.
You can also share and promote someone else’s product and get paid a commission every time someone clicks on your affiliate link and buys the product. Amazon has an affiliate program that you can apply to.
This is a good model if you have a large social media following. You can share products that you value, believe in, use with your audience, and use an affiliate link in a blog post or you tube video.
Coaching/Consulting
You can help people improve and grow in a particular area, solve a problem, and transform their lives based on your own results, skill, talents, and experience.
You can build a following and audience by adding value and creating free informational content.
Once people know, like, and trust you, they will hire you to coach/consult with them. You can coach/consult with people virtually.
Sell physical products
You can order products from suppliers from China, Thailand, India etc in bulk and sell them on your website (Shopify) or other online platforms like Amazon as a third-party seller.
Amazon is the biggest retailer in the world. The majority of people buy products online from Amazon. It is trusted and most people have their credit cards already attached to their account.
This business requires an investment of a couple of thousand dollars for the stock and to get started and a couple of months for the products to be shipped to you.
Sell digital products
You can create a step-by-step course based on your skills, knowledge, talent, experience, and expertise. The online education business will continue to expand and grow as more and more people turn to online learning.
You can also offer an online membership program to build a community to help each other accomplish specific goals, expertise, hobbies, skills, and way of life.
This model requires a lot of work, technical know-how, and expenses. Therefore, it is not very beginner-friendly.
Book Publishing
You can publish and sell books on Amazon’s Kindle Direct Publishing. You can also publish a book on Amazon as a paperback, hardcover, or audio.
Research, validate, demand, and decide which niche you would write a book in.
You can also hire a writer to write your book for you. You can publish a book under your name or a pen name.
This business model does not cost a lot of money. The only required expense is for the book cover and marketing.
Since books are a low-ticket item, you will have to sell a lot of books to make lots of money.
Reflect on each of these opportunities and identify which niche you want to build a business around.
You don’t want to do all of these business models at the same time. Rather, you want to start with one, master it, and then add more over time.
In conclusion, it is easy and possible to earn money online if you are committed, patient, and you believe it is possible for you.
It is also easy and possible to earn money online if you are taking the right steps like investing, learning the right skills, willing to pivot, change and design a method/online business that serves your life’s vision and purpose (growing and serving).
It can be hard and impossible to make money online if you are not committed, patient, and do not believe it is possible for you.
It can also be hard and possible for you to earn money online if you are not taking the right steps like investing, learning the right skills, willing to pivot, change, and design a method/online business that serves your life’s vision and purpose (growing and serving).
I hope you have an idea of what steps to take if you want to start earning money online and what business model fits with your income goals and desired lifestyle.
Next, read: “Is it better to be a business owner or an employee to help you decide which model is good for you?”