There are many proven ways to generate income from online marketing, which include Google AdSense, affiliate programs, ClickBank and much more. Do you remember the old saying that “Time is Money”? So if you know some of the ways to make money online and in a guaranteed fashion, then this is a phrase you should learn to live by.
You will see a great number of products which advertise, “Get Rich Quick” or “Instant Online Income” but if you are looking to make money online with a higher degree of certainty, then you must realize that you will most likely “get back what you put in”. Do not expect to get rich overnight or even in a few weeks, because it is unlikely to happen.
|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
Here’s how I got started:
Research the niche that you want to get into
|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.
Making money online is a process for 99% of those who attempt it. While some strike it lucky with ideas that take off and blow up, most people must put significant time and effort into their online business before it thrives and begins to make any significant money.
Just think about how many hours over the past month have you watched television, played around on Facebook or read fiction novels? Just in the last month you have no doubt spent dozens hours of your free time doing activities which not only take your free time, but take your money as well. If you want to make money with an online venture, then just think of what you could create in the hundreds of hours of your spare time over the years which you have wasted on sometimes worthless activities.
It’s not whether you will make money online, but more a matter of “How Much Money” you will make. If you put your time and effort into your honest internet business you will make an income that is almost guaranteed. The amount that you will make depends on any number of factors which include;
|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
The only question now is what legacy will you be leaving behind when you are gone?
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