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Making Money Online

Making Money Online, Myths, Lies, Ideas & Opportunities

Myths, Lies, Ideas & Opportunities

Making Money Online

The concept of Making Money Online and related Myths, Lies, Ideas & Opportunities has always remained very confusing. When you think about online income various misconceptions cross your mind. Is it truly an existing opportunity? How can you start or learn? How much investment do you need? Well, let’s get on with it and try to discuss some basic scenarios

Making Money Online, A Myth Or A Lie

The idea of Making Money Online sometimes becomes very confusing and unrealistic. For instance, business ideas that you are told seem too good to be true. Secondly, it’s not easy to leave your comfort zone when you are earning a regular income from your 9 to 5 job. While you are stuck in your hectic routines, learning something new from start and focusing on it every day seems like an impossible task. Then another problem is that when you see various “How To” videos of Online Money-Making Gurus that are mostly (Not All) very misleading. Getting rich quickly or becoming a Millionaire in one year, well that really is a Myth.

Making Money Online is ten times harder than your regular job especially at the initial stage. As you don’t have extra cash and you have to continue your daytime job. At the same time, you have to focus on your online business on daily basis. Therefore, it’s not easy and it needs real hard work, effort, learning & dedication. You may have to learn new tools, software, or processes.

Once you get through that wear & tear stage, then you may be able to relax a bit. You can work at comfortable hours. You may be able to quit your 9 to 5 job and fully focus on your online business once you start making money out of it.

Surely, there is a high chance of an exponential rise in your income depending on your hard work & dedication. However, the same is not expected or possible in your regular job.

Making Money Online is not a Myth nor a lie, but Making Money quickly, becoming a Millionaire in months, buying a Lamborghini with your first income is not possible nor is true.

Ideas & Opportunities

Making money online is not easy but there are many ideas and real opportunities that can help you succeed. However, when you decide to move forward there is another challenge. That is to decide which online business segment should you go for? It gets difficult to decide, as there are many options available. Some need an initial investment, some need a lot of learning and time. One thing you must keep in mind is that it’s not easy and it’s not 100% free.

Here are a few online working opportunities/options that you can consider:

Designing

Logo or Website Design, Development & selling your services online on platforms like Fiver, Freelancer

Affiliate Marketing

Be an Affiliate Marketer and sell products for various companies and earn your commission e.g. Amazon & Clickbank

Drop Shipping

Drop Shipping is also an area you can focus on. Some famous E-commerce platforms for dropshipping are Shopify, WooCommerce, Big Commerce & Ecwid

Print On Demand

Print on Demand is a very lucrative business and is made very easy with online print-on-demand resellers like Teespring, Red Bubble & Printful. You just need to design and upload your design; the rest is managed at their end.

Amazon FBA

Amazon FBA is also one of the most highly rated e-commerce solutions. It allows you to sell your own products on the Amazon platform, which is a great opportunity as billions of people visit Amazon on a daily basis

You Tube

You can make your own creative, educational, or informative videos and upload them on YouTube. If your content is original, creative, and useful, with your channel views & subscriptions you earn quite reasonable income in the long term

Blogging

Another option to make money online is blogging. It requires a lot of handwork, research, and dedication to develop a blog that actually makes money. Blogs make money via Referral or Affiliate Marketing and Advertisements. Once the number of visitors and interactions increases, your blog can serve as a permanent source of income.

Podcasts

You can also start your own Podcasts. Though the business model is like a blog or YouTube channel, instead of posts or videos you record your voice. You need to select your topic or niche, discuss it & then you can upload your Podcast recording on a broadcasting channel. Subsequently, you can earn money on the basis of the number of listeners and advertisements. Few Podcasting platforms are Anchor, Buzzsprout & Sound Cloud

Sell Your Music Online

If you are a musician, you can upload your work on various platforms and earn money in form of royalties. Some of them are Landr, Spotify & Sound Cloud

Digital Marketing

You can also explore “Digital Marketing” as it also paves way for enormous opportunities. Being a Freelancer Digital Marketer or Project Manager, you can create campaigns for various businesses Via Facebook, Instagram, or Google.

Some big corporations, being in a highly competitive market may spend 5% to 20% of their gross income on advertising. Getting an opportunity, even a chunk of it could earn you hundreds to millions of dollars.    

There are many other options that you may select from, but the key is hard work, dedication, and consistency. There is no magic trick as you really have to put in your flesh and blood.

You must step up if you are tired of your nine to five jobs, jam-packed routine & ill-tempered bosses. Most importantly, if you feel that you don’t have time for your friends & family. You are missing in every family picture and unable to enjoy life to the fullest.  

Freedom to work at your own time is the most valuable aspect of online business. Undoubtedly, your hunger and motivation are very important to gain success. You should think of it like you are about to develop an Empire from nothing.

If you have made up your mind there are a few things that can highly impact your success in online business. Let’s discuss them in phases below:

Phase 1

This is the most difficult phase.

  • In the beginning you may not be able to take out time for friends & family or any other extracurricular activities.
  • You are not exactly sure what you are doing and what to choose from.
  • Having no extra cash and limited time after your regular job.  
  • Not being comfortable in using various tools and applications.
  • So many things you need to learn in order to start.

Finally, once your business takes off then it gives you the freedom to work in comfortable hours. Moreover, you can work from home or anywhere else. It gives you full control over your time and life.   

Phase 2

When you have made up your mind and are ready to explore, the first thing is what you can and should do? First of all, based on your education and experience ask yourself the following questions:

  • What are your hobbies?
  • What are you good at?
  • Can you design, or sing or play an instrument?
  • Are good in marketing or advertising?
  • Can you face the camera and create a good video?
  • How are your business and selling skills?

Just make a list of things that you can or may be interested in doing. Then explore your options on the internet and see various tutorial videos. (Just don’t get into the trap of quick rich ideas). Your focus should be on the business ideas and tools to be used.

Phase 3

Don’t change your mind every day. Once you have finalized what you really want to do that stick with it. Explore every arena and forum that can help you establish. Learn and even buy some necessary tools that are needed. Master the skill of that specific business model.

If it’s blogging, website design, advertising, marketing, Referral marketing, or Dropshipping. Anything, just make up your mind & start doing it with dedication and consistency.

Finally, there are no shortcuts in life and neither in online business

Check out our article “Most important factors for your successful online presence”

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