Whenever anyone asked me what I did for a living, I used to tell them I did a few things online. Some people wanted to know more, others just figured that meant I was unemployed. Back then, I wasn’t confident in my response and I didn’t know what to call it.
Today when someone asks me what I do, I either tell them I’m self-employed or I go and tell them that I’m an internet and network marketer. Most people are either satisfied with that response or are curious for more details.
See, most people who have never made money online have a hard time imagining what I do. The first thing that comes to their mind is that making money on the internet is either really technical or sleazy.
I realized that most people don’t know how possible it is to make money online and that there are thousands of ways to do it.
A friend of mine told me one day that I had too much going on. She said that it was too much to bother with getting paid from all over the place. She stated that she was fine with her job.
Well, I commend her. If she’s happy, I’m happy. See, I was never satisfied staying at one job and getting one check. I like variety and having multiple streams of income is what I strive for.
When I was a freshman in college, I read Robert Kiyosaki’s Rich Dad Poor Dad. This is what solidified that having wealth and a business was possible. I remember one of the things his Rich Dad told him and that was to have multiple streams of income.
Because if one stream goes away, you’re either out of luck, or you’re going to have to scramble to find another source of income.
I also learned this from my blue collar dad, who I truly believe is the hardest working man in America. My family didn’t see many (if any) hard times because my dad always had a side hustle. When work at his job was slow, he just worked harder at his side business. He made investments and when funds were low, he would sell or cash out.
No matter how smart, how much of a hard worker you are, you are not immune to receiving a pink slip if you are employed by someone else. If your company is struggling, they’re going to first start by making cutbacks. If they are shutting down, everyone loses their jobs.
So to give you an idea of some of the ways you can make money online, I’ve included three ways I make money online and how you can, too.
I Sell Services
I am a consultant and provide my expertise to individuals who are interested in starting and growing a home based business. A service based business is probably one of the most inexpensive ways to start making money. In this business structure, the only thing you really need to start is your expertise. There’s really no overhead because you can literally begin making money right now either through word of mouth or by placing a PayPal button on your website. You can charge by the hour or for a finished service such as designing a website.
I Sell Information Products
I create and sell information products such as ebooks and courses. Though I don’t participate in these, but information products can also include software and apps as well. There is quite a bit of work involved in creating your information product, but the great thing is that once it’s done, you’re done. You can create one ebook and sell it over and over again. If you keep your information products purely digital, you will not have to worry about paying for delivery, which makes this business structure quite lucrative and passive once you complete it.
I Participate in Affiliate Marketing
Affiliate marketing involves making money from referring other people’s products and services. I recommend products and services I use and enjoy and when someone clicks on my affiliate link, I receive a percentage of the sale. Affiliate marketing doesn’t cost the consumer anything because the price remains the same for them. It also doesn’t cost the business any extra money from advertising, because they receive sales they may not have been able to reach based on the recommendation I made. I in return get paid for a product or service I didn’t pay to create. It’s a win-win for everyone.
Blogging is a great way to make money online. I blog regularly and have used this to take the place of my income. If you are interested in starting your own blog, make sure you check this post out first. Bloggers make money through a lot of the activities I mentioned above in addition to placing ads on their website and writing sponsored ads. If you’re interested in making money blogging, these books will show you how to turn your blogs into profit.