There is a question that many people are asking me in the back of the blog: how to make money on the Internet?
The truth is that the question makes perfect sense, especially in a period as difficult as the current one, with an acute crisis in the labor market.
The idea of earning extra money online couldn’t be more appealing, could it?
I’m going to try to give you a serious answer, without making false promises to make money online.
Before starting, let me clarify that everything you are going to see in this post is 100% legal and serious: it is based on your work and the monetization of your skills.
In other words, if you can’t do anything, you can’t make money from nothing.
Learn how to do something first, and then you can get paid for it.
As you can see, the fundamentals of work and financial remuneration have not changed.
So, if you are looking for a guaranteed, easy and immediate system, so that, without doing anything, you earn a lot of money passively, every month, I invite you to go and get cheated somewhere else.
There is no such thing, and you should be wary of anything that looks too good.
Now that you’re more aware of the things you can expect from serious online activity, I’m going to present you with proven strategies that will make you make money online.
Make money, really, without having to sell your soul to the devil.
Everything you need to know before you make money online
Let’s first answer a few frequently asked questions.
IS EARNING MONEY ONLINE EASY?
Let’s see, everything will be easy for you if you already have valuable skills in the market.
Imagine for example a computer engineer specialized in Software Architecture. This is a super-demanding profile, with a shortage of supply.
Your future (online) is guaranteed, either working for someone else or working as a freelancer.
More of the same with an expert in Artificial Intelligence or a robot maintenance technician or a community manager or an expert in Facebook Ads campaigns.
But, David, what if I don’t have these skills?
Idea #1: Acquire the skills in demand
It’s called studying.
It’s hard because it requires effort.
It’s frustrating sometimes because it’s quite slow.
Then you have to do internships to validate your theoretical knowledge with something more tangible for the business world. And generally these internships are underpaid.
It’s always going to cost you a lot of time – it counts for 6 to 18 months – and for the TOP training in the market, good money.
It is not an expense, it is an investment for a better future.
Idea #2: If you are not different, accept to be cheap
If you don’t have the required skills and don’t want to acquire them, you will have to spend many hours on the subject, because the online activities you will find – which there are – will pay you badly.
Think of audio to text transcription, document scanning, data entry (manually entering data into a database), online translation, focus group / online surveys.
All these activities, but you will be paid 5-7 Dollars per hour.
Because you are competing on a global scale with people in Asia or Latin America who are willing to give their all for very little. Consider the currency exchange rate.
And because they are low value-added activities, millions of people can do them too.
Lots of supply, not enough demand: low prices.
Now, let’s imagine you work 60 hours a week (to be present in front of your computer, to respond to possible orders before other online workers) and you manage to invoice 40 of these hours by doing these mini tasks online, you could end up earning 40 (hours) * 5 (Dollars per hour) * 4 (weeks per month) = 800 Dollars per month.
It’s not a lot of money, but for many families, this 800 Dollars would be a big help.
But you have to be willing to work to earn money.
IS GETTING MONEY ON THE INTERNET FAST?
It all depends on how you think about it.
Offering your services online is almost immediate.
Going to the main marketplaces to bid for these mini jobs, is also almost instantaneous.
So, in this case, it’s a matter of days, you should be able to start trading by selling your time in exchange for a fee.
Example #1 (You have no valuable skills) – Amazon Mechanical Turk
Example #2 (You do have valuable skills) – Upwork / Fiverr
At first, you’ll have to work hard for little. So your commitment and the consistency of your actions over time are key to success.
In both cases you will have to spend many hours in these marketplaces making your purchase of orders online. These hours of “selling” will not be remunerated.
There are other ways to earn money online, creating your own digital assets.
The idea of building an online platform (blog or YouTube channel) and/or an online audience to monetize it.
These options that I will detail later are very valid, but they have a high cost of establishment in time: count from 3 to 12 months before you can earn around 1,000 Dollars /month.
And, besides, it’s about creating an online business.
And as with all businesses, there is no guarantee that it will work.
If you succeed, congratulations; if not, consider this experience a valuable learning experience.
IS MAKING MONEY ONLINE GUARANTEED?
Nothing in life is guaranteed.
Not even your own life.
Reasoning like this is to think like a victim, who is waiting for a third party to fix her life.
Because the best guarantee in everything you do in your life is yourself:
- your commitment to do what is expected of you
- your constant effort to improve what you do every day
- your desire to continue growing with the patience of the wise
If you really want something, it’s only a matter of time before you can build this dream.
With hard work and love.
HOW MUCH CAN I EARN ONLINE?
It’s variable here too, and there are always exceptions.
I know you keep reading on the Internet examples of ordinary people who end up earning 5 or 6 figures a month with their online business.
It seems magical!
Some may actually earn this money (although many only project their desires).
But it is the result of years of invisible background work that these people have done that allows them today, to generate this money with their online business.
“But David, I have read examples of people who make a product launch and earn 1 million in 24 hours”.
Well, very few in the USA, since they can be counted on the fingers of one hand.
But the secret is the same.
What you see today is the result of years of previous work.
So don’t focus on the photo at a given moment, the goal, but you should also contemplate all the invisible work behind these success stories.
Success is a process, not a result.
How to earn money online in USA?
Well, the truth is that making money online in USA or Australia is no different than making money from another country.
Whatever social security system you have (employed or self-employed), you will have to declare this income online in your annual income tax return, the IRS, because it is extra income.
You will have to register as a self-employed person, as long as you are in one of these two cases:
- The money you get from the Internet is regular (and not a one-time thing)
- Exceeds the limit of approximately 7,500 Dollars per year (this amount varies according to the minimum wage)
Surely at the beginning you will be able to benefit from the flat rate at 50 ? per month, but after 2 or 3 years you will have to pay the 286.15 ? per month of the minimum non-reduced fee.
And this fee will only increase in the future, in a country where there are less and less people working to pay for the pensions of more and more people, because the our population has aged a lot in the last decades.
HOW MUCH DO I HAVE TO BILL TO KEEP 1,000 DOLLARS CLEAN?
If you want to get 1,000 Dollars clean with this activity, you will have to bill around 1,540 Dollars.
Subtracting the self-employed fee without reduction (286.15 ?) and 20% income tax this brings you to about 1000 ? net per month.
Keep this figure: Enter about 1,540 Dollars gross to reach 1,000 Dollars net. Month to month.
I recommend you to approach an agency to solve this issue more precisely, because, depending on your age, the autonomous community where you live and the time you read this post, the conditions may have changed.That’s how do you make an extra $1000 a month
But the real question is not so much what is the correct legal structure for your online activity, but the following:
WHAT DO YOU SELL ON THE INTERNET TO MAKE MONEY?
Let’s try to solve this question then.
First I want you to get away from all the false proposals you can find on the net:
- Multi-Level Marketing
- Safe” investments
- Online betting
- Fill in surveys
- Online poker
Some of these are all scam and misleading proposals.
They make it easy for you, and at best they waste your time. At worst, they are Ponzi schemes and you’ll be left without your savings.
The rule is very simple.
Any Internet proposal that promises you an income, with hardly any work, and annual returns over 5%, is a scam.
And if you do not understand that you cannot base your professional activity on gambling (poker, online betting, etc.), because the odds are against you, in 100% of the cases if you project yourself in time, it is that you show me that your real problem is a problem of unconscious expectations.
If this is your case, I’m afraid that life is going to give you the willies you deserve to wake up from this toxic dream you are immersed in today.
If you want to do more serious and probable things, I only see 3 options:
- Sell virtual services or not: exchange one hour of your time for a fee, or sell a project at a fixed price.
- Create your own online asset and sell third party products: online advertising, affiliation, influencers, dropshipping. The idea is to master attraction and conversion, and leave delivery and customer support in the hands of the manufacturer or seller.
- Create your own online asset and sell your own products: these products can be physical (crafts) or digital (infoproducts such as ebooks, online courses, private memberships).
HOW TO EARN MONEY ONLINE FAST?
How to get paid 1,000 Dollars net per month with an online activity, how can i make money right now?
Let’s discard a few options:
- If you sell third party products, as in the case of e-commerce, the margin you will have on these products is very low, in many cases below 15%. So to get a salary of 1,000 Dollars net per month, you would have to guarantee monthly sales of about 6,700 Dollars per month. It’s not easy to sell this consistently every month. You must have a well set up e-commerce and already have a significant volume of visits. We are talking about months or years of work. REJECTED, for slowness.
- If you sell a service, either for an individual or a company, you are going to need very few sales to reach the 1,540 Dollars /month that we have calculated before. It can be 2 services at 750 Dollars for a company. Or 5 services at 300 Dollars for individuals. As some well-focused digital prospecting, you can achieve these results without even having a website. Operating in virtual marketplaces, too. VALIDATED, it fits us.
- If you create a niche blog and intend to monetize it with affiliation, with an average commission of about 50 ? (already very high for many niches), you would need 30 commissioned sales per month. One per day. This is not achieved without a 6 month minino of very serious content production and SEO work. REJECTED.
- If you create a personal brand blog and sell your own digital products, like an online course, you will have to create your course before selling this online course. Creating an audience and an online course is a minimum of 9 months. REJECTED.
As you can see, if your goal is to make money fast or ASAP, the way of selling services makes the most sense.
This option presupposes that you are able to solve a problem with a real demand in the market.
How to create a first virtual service in 4 simple steps?
#1 – Start with the great list of raw, unpolished talent you already have.
Let’s say…Digital marketing.
#2 – Look for an acute super-demanding problem.
For example, advertising campaigns on Facebook Ads.
#3 – Smartly choose a specialization to this service.
In this case you have 3 options:
- Local Businesses
Depending on your capabilities, choose the most viable option.
The easiest way would be to manage campaigns for local businesses.
#4 – Identify your needs and solve them
Identify your weaknesses, what you lack in order to solve this problem correctly.
Look for ways to acquire these skills, either by opting for self-training on the Internet (free but slow and frustrating) or buy training created by a recognized expert in these subjects (paid, but faster and more fun).
Obviously you will have to go through this process focusing on your great talent.
The best ways to earn money online
I’m going to give you 12 concrete examples, to inspire you.
I anticipate that the first 4 ways to earn money online are the ones I like the most:
- The purpose of the activity, because it’s about helping people instead of just focusing on making money
- The capacity to generate income
- The durability over time of this business model. They are solid and if you focus it well, you can live from this activity for years or decades.
Let’s see this list then:
#1 – SALE OF VIRTUAL SERVICES – FREELANCE (B2B) – TOP
The idea is to sell a turnkey service for a client, ideally a company or an entrepreneur.
The idea is to deliver the service 100% remotely, without ever visiting the client’s office. We also want to narrow down the options very well in order to present a fixed price and thus shorten the sales cycles with customers. This saves us the phase of customized budgeting for each client and negotiation of rates.
If you have digital skills (design, copywriting, writing, community management, SEO, management of advertising campaigns, closing sales, etc.) there are literally millions of companies and freelancers who need you today to digitize their activity.
#2 – SALE OF VIRTUAL SERVICES, FOR INDIVIDUALS – TOP
It is a similar model to the previous case, except that in this case you are addressing an individual.
We now live surrounded by experts and advisors who help us feel better and offer the world our best possible version: personal trainers, nutritionists, personal shoppers, therapists, life coaches.
Lifelong consulting has reached the mass market sector. And believe me, this trend is here to stay.
For 2 essential reasons:
- People are beginning to privilege the purchase of experiences over the purchase of a possession.
- The world is becoming more complex and changing faster every day. We need to surround ourselves with “expert friends” who help us untie the knots in our lives.
#3 – Selling virtual services – Mentoring – TOP
Many 1-to-1 services can be digitized without major problems. We have seen online medical consultations skyrocket during the Coronavirus crisis.
It’s not a matter of having the same experience online as offline, but it is a matter of providing enough value in digital. And on the demand side, the perceived value for these digital services is increasing.
If we take it to a group model, it would be fantastic to be able to accompany small groups of clients, around a common transformation that you can lead.
Hence the idea of doing group consulting, or group coaching, for 2 to 3 months, and thus accompany a group of clients, instead of doing it individually.
If you take this model of group accompaniment to a longer time scale, the year, you have a Mentoring program, in which the mentor will be able to transfer a lot of knowledge to his or her mentoring, follow their evolution, month by month, and correct the mentoring, if necessary.
And above all, there is enough time to develop a more intimate relationship with the mentoring. This is often a key aspect in bringing out the best in a person.
Mentoring is a mixture of training, consulting and coaching, which is based on the figure of the group, to finally raise all participants higher.
In complex processes, entrepreneurship, finding a partner, breaking an addiction, etc., the figure of the group makes all the sense in the world and reinforces the overall quality of the experience.
#4 – Selling an online course – TOP
It’s a model I know well because I’ve been practicing it for 10 years now. I started in July 2010 with an Affiliate Marketing course, followed by my first professional recording in November 2010, with Jackson, a misnamed training on selling services online. Those were the days!
The idea is simple, you identify a concrete and important problem for a target audience, and you solve it with an online course, cheaper than buying a turnkey service or an individual accompaniment like consulting or coaching.
It is a great business model, because it is completely scalable, since the support is group and 100% virtual.
So once the course is done, your mission will be to sell your course to as many people as possible.
Here I explain you how to create an online course step by step.
The prices vary from less than 100 Dollars to a maximum of about 2,000 Dollars , depending on the transformation and the audience of the online course.
#5 – Selling a digital product
If you know how to design, program or produce in digital (music, audio, video, photo, etc.), you can create cheap digital products and sell them in specialized Market Places.
There are great communities and ecosystems where you can place your business: WooCommerce in the WordPress universe, Shopify, and in general all the most successful SaaS tools, offer their users a marketplace for selling add-ons.
Musicians can be quoted in Airbits, photographers in Shutterstock or Abode Stock
#6 – Sale of handicrafts online at Etsy
If your thing is crafts, you can reach many people by creating a shop on the reference platform for selling crafts online, Etsy.
Alicia Shaffer sells 6 figures a month, of products that she designs herself, from Etsy. She is now at the head of an established brand, Three Bird Nest, which is scaling the sales it first launched at Etsy, as a test market.
#7 – Selling a paid membership
The idea is to offer a series of exclusive contents and services for members (priority support, live question/answer sessions, job review, etc…) to the members of a virtual club, who access the platform by paying an affordable monthly fee.
#8 – Sale of ebooks
Do you like to write? Then consider writing a collection of complementary ebooks and sell them directly on your digital platform, as well as in the main digital bookstores in the market.
Prices are usually low, but if you specialize in a non-fiction subject, you can get to sell ebooks with attractive bonuses between 20 and 50 Dollars , depending on the target audience you are addressing.
You’ll need to sell more units to make a decent living, but you’re selling a self-consumption product that barely requires any support from you.
#9 – Digital Influencer – Instagram / YouTube
For Jessica Carrie Lee, it all started at Instagram , collaborating with brands in the fashion sector. Now at the head of an online store, everything is easier with millions of followers.
It is said that it takes years to build a reputation and 5 minutes to lose it. It’s a very risky business model, and brands are betting on micro-influencers who work for free in exchange for a free product, to balance the power of these digital superstars who charge too much for sponsored actions.
In short, if your thing is to become a living advertisement, go ahead with the idea of “influencing” in digital.
#10 – Niche blog – Affiliation
If you master SEO and are allergic to 1-to-1 or 1-to-N customer service, affiliate marketing is for you.
What’s the idea? To create a hyper-segmented audience around a very clear commercial interest (an electronic product for example) and to incorporate affiliate links with a unique identifier of yours in your blog texts, so that if, after a few days, a reader of yours makes a purchase, you will receive a commission for the sale.
You will have to study the products most likely to give you good commissions and prepare to consolidate a niche blog with a lot of content (yep, the myth of the 5-page mini-blog that no longer exists).
But if you are persistent in the production of content and good marketer, you can get good money with this type of online business.
First milestone for you: 1,000 Dollars /month, month by month. Consistently.
#11 – Niche blog – Adsense
It is a derivative and a complement of the previous model, on affiliation. This time, you are not going to charge a sales commission, but Google is going to pay you every time a user clicks on one of your ads.
The commission per click is much lower than in the case of affiliation, but clicking on an ad is a lower commitment for a user, so the volume of clicks made in a period is also higher.
#12 – Dropshipping Shop
Dropshipping is like e-commerce, but the problems related to logistics, distribution and customer service, because the Dropshipper reaches an agreement with a wholesaler who will take care of these processes. Sometimes the wholesaler is Amazon itself, with its Amazon FBA service.
Again, this type of online business is designed for people who are skilled in digital technology and communication (SEO, copywriters, advertising campaign experts), because the digital platform is the core of the Dropshipper’s activity.
As all other e-commerce processes are outsourced to a logistics wholesaler, the gross margin that a Dropshipping store has is very low. So the choice of product is key to the success of the shop.
But there are always niche products that you can sell with this model before they become too mainstream and the big e-commerces start a price war that leaves you with no margin as a Dropshipper.
It is a business for surfers of new consumer trends.
Most of the Dropshipping stores that actually work, are usually transformed into traditional e-commerce, to increase the gross margin on sales.
Once the sales channel is up and running and generates solid sales, this change in operating model can be made at minimal risk.
Is your goal to make extra money on the Internet? Do this…
In this case, I’m going to assume that you’re working for someone else, and you want to create a side project.
A plan B or an extra activity that allows you to generate extra money each month.
This is the case of our student Jamie who sells online courses on industrial automation programming (Yes, you read me right!).
Jamie is very happy with his work and does not want to leave it. He has this online activity as a complement and possible plan B, in case of a misfortune such as a sudden dismissal.
When you build a parallel project on the Internet, you are in no hurry to get money, because you already get paid.
And you don’t have time to perform services for clients because you already work full time for a company. And you’d probably rather spend your evenings after work with your family – how could you not?
What are the smartest options for generating income online, if this is also your own case?
In this case, selling infoproducts is the way for you, because once created, these digital products can be sold and delivered with highly automated processes, and you can offer group support to your students with the little weekly time you have for this kind of digital projects.
In general, about 15 hours a week, with a block of 5 hours at the weekend and a maximum of 2 hours a day, Monday to Friday.
How do you create an online course sales business from scratch?
#1 – Specialize in a niche market and solve specific problems
#2 – Choose if you’re going for the model of a single online signature program that solves a complex problem, or a collection of more tactical mini-courses that solve small problems
#3 – Start with a course and create a detailed index of the training, as well as a simple sales page
#4 – Determine the number of students for your Beta – my recommendation of 5 to 15 students for your first group – and preview your course at 50% for 4 to 8 weeks, making a seed launch.
#5 – Deliver the Beta version of your training with a prototype based on Live Zoom sessions and worksheets shared from Google Drive
#6 – Study the feedback and improve your method of transforming your students
#7 – Relaunch your training at 2 or 3 months.
The change of mentality that will allow you to attract money in your life
If you have come to this post is because, surely, at this time, you need money.
It’s an understandable impulse, but it’s a bad motive to make money.
Let me explain to you why.
Money is energy, reconcile yourself to it
A lot of people have a lousy relationship with money.
It is cultural and acquired: it is the legacy they have received from their parents. If they too had a bad relationship with money, they have passed this burden on to their children:
- “We have never had money in the house, and this creates envy”
- “We live in a day-to-day shortage, we lack things. Others have them, it’s unfair…”
- “We have never saved or planned with the money. When I came in, I went out very quickly to pay bills.”
- “The debts were piling up without us looking at the bank receipts”
- “Making money is only done by exploiting people.”
- “Why wasn’t I born a rentier, like the son of this rich family?”
When you think from scarcity (what I have, I have to take from someone else), envy, injustice, thinking like a victim, protectionism wins. Basically you let yourself be guided by your fears.
There are 3 essential things you need to understand about money:
- Money is neutral: money is a tool. It is you, with your outlook on life and thoughts that you have that use it positively or fear it as something negative. So start believing that money is for doing good, for helping others, for living better.
- Money is a reflection: that’s right, money manifests your inner riches. No more, no less.
- Money is energy: it is always moving, and it is for the most prepared people.
Don’t focus on money, but on helping
It’s a key concept you have to understand.
Don’t look for money, because you’re not going to find it.
Focus on helping people.
If you help a lot of people solve their problems or improve their lives, as collateral, you’ll end up making a lot of money.
You will exchange your knowledge and solutions in exchange for your clients’ money.
And they will be delighted with life, because you will have improved their lives.
So the secret to attracting money is to forget about it and focus on helping others.
Raise your aspirations
Be more abundant in your thoughts.
It is a decision: I believe that humanity is in an unstoppable movement of expansive progress, and that, every day that passes, more wealth is generated in the world. The pie on the planet is growing, along with the human species.
Abundant thinking is liberating: it starts from gratitude, it is based on sharing and collaboration, it contemplates a Win-Win vision of the world and of interpersonal relationships.
Life is an opportunity, rather than a threat or a perpetual struggle.
It is essential to understand that our thoughts can block or unblock abundance.
The kind of thinking you have creates the life you will have.
Living an abundant life, filled with good money, many experiences, and genuine human relationships, begins with a conscious decision:
To see life from the focus of abundance.
What do you have to change in your life to stop needing money?
If you suffer from a chronic bad relationship with money, you have to reprogram your mind, literally.
And how do you do this?
From the vision of a new personality, a new self, that you are going to invent.
And you do it like this, magically, without doing anything?
No. First you decide what you want to change in your thoughts.
And then you work daily on powerful statements that will help you change your personality:
- I am very happy and grateful now that I have health, wealth and happiness.
- I am strong, intelligent and a great leader capable of creating and fixing problems.
- I naturally attract money and opportunities
- I transform into positive all the people with whom I relate, and I nourish them with my powerful energy
- I communicate very clearly and effectively, getting my interlocutor’s full attention
- I have a lot of gratitude for my success and for the success of others. I love my enemies and detractors, because they allow me to keep growing.
- I am an unstoppable entrepreneur, I have no limits, I build an incredible legacy
Write down the affirmations you want to make your own, and read them every morning, to get you psyched up to live the day as your new avatar would.
And every night, before going to bed, review your day and evaluate how well or badly you have behaved, comparing your actions of the day with those of this new person you want to transform into.
Thanks to this little diary that you will keep, you will become aware of the things that you already do well and the things that you need to improve.
And how long do I have to do this to start seeing a change in my thoughts?
- The benefit of the diary routine, you will feel it immediately.
- After 30 days you will have made a lot of progress and your friends will no longer recognize you.
- In 60 days you can know the completion of your avatar change. Or you will have progressed so far that even you will not recognize yourself.
What do you have to lose?
Then try it!
Are you ready and want to discover a proven method of making money online?
I’m glad to see you’ve completed your reading of this post.
Now that you have the clearest ideas, I want to accompany you towards the implementation of what we have talked about in this post.
I recommend you to try 12 Minute affiliate Click here. It is perfect for newbies. I even have income proof in it!
Thank you for reading my article!