Making a Living Online: How to Earn an Honest Income Online
Can You Really Make a Living Online – 7 Proven Methods for That Show You How
The internet offers limitless opportunities to be able to make an online living. All you need is the commitment, the business model that can help you do it, and the discipline to work hard for a year or two to be set up passive income for the rest of your life. There is no one right way for making a living online but it has to work FOR YOU as an entrepreneur. If it doesn’t feel right, don’t do it.
3 Different Paths to Choose From
Before we get into the proven methods that work, you should focus on what path you want to take. Although these proven methods work for any path you choose, it is wise to quickly choose a clear path and stick to it before you apply any of these methods.
- Freelancing – With freelance work being such an enticing prospect, it’s a good place top start. Just about everything can be outsourced these days. If you plan to succeed in the world of freelancing, you will need to create a strong brand that sets you apart from the competition.
- Establish a brand – This can come in the form of a personal brand, or a company brand. Your brand is your identity (i.e. your website, blog and social media accounts) and it should clearly communicate your unique selling proposition — what you do that makes you special.
- Build a company – With this approach you’re essentially becoming an online entrepreneur who offers several different niche sites, startups and other income stream opportunities. Because this is the most ambitious approach, it takes an average of 3 years before entrepreneurs turn a profit from their entrepreneurial efforts.
Ready, Aim, Go – Eight Online Making Money Methods
Now that you have given thought to what path you want to choose, you can start to apply any of these methods that we explain below. Remember that these are well proven models that have already worked for thousands of other online entrepreneurs.
1. Sell Your Knowledge
Your skills and experiences are unique and valuable. Easily build a beautiful course website, share your knowledge, and be rewarded for it. One of the best ways to drive business is to become an expert or thought leader in your field online. Of course, you need some expertise first before you Sell Your Knowledge. (That part is up to you.) But once you have it, you need to let the world know about it. If you’re knowledgeable about a specific area, you can sell your know-how, rather than selling your time. You’ll still need a little time, of course, but there is a great way to learn how to come up with ways to make a little money within your time constraints. Nowadays, more than ever, people are leaning that their knowledge is worth value. But how can you sell it? Teachable offers software resources at your disposal that are both easy to use and amazingly robust. Teachable is an all-in-one technology solution that lets you teach and sell online courses from your own website, or “school.” Teachable handles everything from content hosting and delivery to payment processing, so you can focus on what matters: creating awesome courses. These courses can bring you in a nice side income, and eventually a full time income if you put the time in. With Teachable, you also have the power to fully customize your school’s website and courses. Easily set up new pages with the website builder, modify course code with the Power Editor tool, create quizzes and lectures, and much more. Teachable gives you complete ownership of your course content, student data, branding, and pricing.
2. Affiliate marketing
We personally love affiliate marketing. It offers reliable reporting, tracking, and income potential that online marketing brings. It’s actually one of the first ways many people monetized their blog when they make the decision to turn their blog into a business. If you’re looking for ways to make money online, Wealthy Affiliate should be at the top of your list. Affiliate programs repeatedly top income reports for high-earning internet marketers. In exchange for your promotion of a third-party product, you will receive a percentage of sales every time a customer makes a purchase through your link. Affiliate marketing can provide you with a steady flow of income. What you can earn depends on how successful you are in converting your audience into buyers and service subscribers. It is cost effective and you can work from any place in the world. Wealthy Affiliate has become one of the most reputable and highest-rated resources to teach you the ropes of digital marketing and online business. Wealthy Affiliate offers the best affiliate training available. You will be able to easily follow a step-by-step video based training on how to build an incredibly successful online business.
3. Direct advertising
Affilorama is an Internet Marketing Course which consist of hundreds of hours of video training lessons and written materials intended to teach direct advertising marketing to you. Offering direct advertising on your blog or website is a great money-making method once you’ve established a solid online brand. You usually need to have quite a bit of traffic (in the form of website traffic) before brands will want to fork over money. It’s also a lot easier to request a decent advertising rate when you build a separate company brand (a brand or business that isn’t focused on you as a person), versus a personal one. Affilorama aims to provide a step-by-step, over the shoulder training courses for beginners and advanced internet marketers to build a successful direct advertising business online.
4. Selling Digital Products
There are many different types of digital products and services available for you to sell. These include e-books, music files, internet radio and television, streaming media, fonts, graphics and images, artwork and prints, subscriptions to online magazines, websites and membership sites, online ads, coupons, e-tickets, website templates, manuals, webinars and video tutorials, electronically traded financial instruments, software, games, virtual money among many others. There are thousands of people selling digital products online already. Many of these products are similar to ideas that you may already have. If you need help with carefully planned and executed strategy, you’ll want to check out Affiliate BootCamp. This system will help ensure that you are able to generate profits from your digital product regardless of the competitive landscape. The 100 Day Affiliate Bootcamp is a 100 day strategy where you can follow for just one hour per day which will show you to how to earn residual income selling digital products.
5. Online Brand Ambassador
Have you ever seen those people who give out free samples of food at your local super market? They aren’t volunteers. A company is paying them to give out free stuff in hopes they can raise awareness about the food and sell more product. In essence, a brand ambassador is someone who eats, lives and breathes a brand. This is someone your customers can connect and engage with, someone who has a solid, well-established online presence with a decent-size network. This is the simplified definition of what it means to work with brands and become a brand ambassador. Companies are willing to pay you to promote their product. And how does this apply to an online business? Well, thanks to this fabulous expert, Tai Lopez, you can learn to work with brands who want to pay you to give away free stuff, do reviews, and model goods on social media. He will teach you step by step how how to start building your own brand with your own social media agency.
6. Freelance writing and teaching
Freelancing is the quickest way to earn money online. The only downside is that you’re often trading time for money — unless you do it the way that these experts have perfected. Taking advantage of a freelancing platform like Freelancer.com is highly recommended. It has real, paying clients that are already there, looking to hire someone who could help them. Perhaps you don’t have experience freelancing in your field just yet, but you do have prior experience doing other things. This is great because you can use this to show your related experience, and clients love to hire someone with a targeted portfolio piece. A great way to quickly learn the proven methods on how to make money freelancing is to learn a system that can show you how to do it. Patrick Chan, the best-selling author of many multiple books, offers an excellent program to teach you how to do this. The The CB Passive Income “simple to follow” model has been very profitable for many people. This system explains how a newbie can succeed by following it’s online marketing methods.
7. Coaching or mentoring
Business mentoring or life coaching offers the chance to make a solid income while offering guidance and advising people. Depending on what level of experience you have, and your reputation, coaching can pull in $500 per session, or more. Everyone is an expert at something. FounderFly can show you how to start earning up to $500 per hour with an online coaching business. Regardless of your education and professional background, chances are have some useful knowledge to share with others. Knowledge someone may even be willing to pay for and FounderFly. It’s a training program that teaches you all of the aspects to start and promote a business and then shows you the current techniques for achieving success in the internet marketing world. They’ve built an incredible community, that’s both supportive and full of valuable resources.
8. Private Membership Subscriptions
Having a Subscription is one of the most important features in any online training program. It allows for great networking and it gives members additional guidance and help from those in similar situations. Internet JetSet is a specialty membership program that works to help create online marketers and build successful online businesses. Internet JetSet training consists of video lessons that tackle the essential skills needed to thrive and succeed in membership subscriptions. They cover many different topics from the very basic fundamentals to the more advanced and complex tactics of membership subscriptions. The 12 week Super Affiliate course is the most comprehensive course in affiliate marketing, with material for beginners that are just starting out, all the way on up to extremely advanced material that has resulted in a consistent year of 6figure earning months as an affiliate. The course contains 1-2 hours of material, delivered Monday through Friday, for 12 weeks. Each day there is roughly an hour of videos, and an hour of tasks to be completed.
I do not recommend or suggest to use any of the mentioned programs over others. I do not rate any systems. Programs are not listed in any particular order. All of the systems on this website has approved learn-how-to-make-money as a PAID affiliate partner. It is your responsibility as a consumer to choose what you feel is the best option based on your personal needs, likes and interests.