Ways To Make Money Online In 2018 And Beyond!
So, you want to utilize your brain and your computer to make money online. You may have no idea what you’re doing – or you may just need a push in the right direction. I’m here for you. I’ve prepared four solid ways which will turn your desires of working for yourself into reality.
It’a fair to say that this isn’t going to be a total breeze. You have to motivate yourself, commit, and crucially, really want it! I trained to be an electrical engineer as an apprentice for four years, then worked five days per week (at least) for four years. I found a better way – and you can too!
How Can We Make Money Online?
The internet has afforded us an unmissable opportunity. You might be surprised at how easy it can be, if you apply yourself, to make a living from your own home. The beauty of some online business models is that there’s no limit to where you can take them; provided you’re good enough at what you choose to do.
I’ll get this out of the way now – there is no “get rich quick” scheme that is legal or will work. To make money online or in a job takes commitment, brain power, and a little patience. What working online does do, however, is give you total control. You are in control of when you work, what you do for work, what you outsource and, in essence, you have a much bigger say in how much you can earn.
There are many unsustainable, time consuming or laborious ways to make quick money online, such as selling your unwanted possessions, driving for Uber etc… Here at Life Success Engineer, I’m all for helping your find sustainable ways to make money online, from your own home and on your own terms. In the first part of this blog are four great, cheap ways to get you started on the road to riches.
All of these things are tried and tested ways to make money online. It’s going to take a little time to work out what you can offer the world via the internet, but luckily it won’t take much in the way of upfront costs! the real beauty is in being able to do all of these things while you remain in your current job until you’re ready to escape the rat race, take the plunge and become fully self-sufficient.
The best thing you can do is start to make a presence online. Starting a blog costs you nothing, and you might be surprised how interested people can be in what you have to say. Obviously, you’d be best served blogging in a niche. However, that said, you might just have the charisma to make your blog appealing to a more broad audience covering many topics.
When you have a presence, you can start to exploit it to make money online. It doesn’t have to be a personal presence – you could have an alter-ego or even start a community. If you get enough people interested, they will be willing to hear what you have to say beyond the free content/platform you provide.
There is no reason to stop at one avenue. Multiple streams of income and maximizing your income are the best way to a sustainable future in online business. I’ve made some videos to show you everything you need to know about four of my top five online business models. I have a vested interest in all of these and hopefully, you can take this knowledge and use it to decide what is best for you!
As mentioned earlier, if you already have a blog in a niche, you can exploit this opportunity. If you run a blog where you can integrate product reviews/recommendations, combined with great content, you can acquire an Amazon affiliate tag and link to products from your website. If they sell, you can receive quite generous commissions.
There is something inherently easier about selling well-established products via your blog. It’s quite difficult to sell your own brand straight off the bat, but if you want to start earning quickly, this is a way to use already trusted products to make money online.
The best thing about affiliate marketing is that it’s relatively passive. You don’t have to do any extra work – once you’ve created your content and added your affiliate links, (hopefully) people just click and you can sit back and take the time saved to work on new content!
I go into more depth in the video below…
The products and services which I affiliate myself with are things I have tried and genuinely love. There is no shamelessness to this if you don’t want there to be.
Personal branding is a big part of what I’m doing. It’s all about putting yourself out there and providing massive value, which hopefully will pay off for you! If you’re going to make money this way, there needs to be something really genuine about your approach. I like to think that I am unapologetically me. Sometimes this could be seen as a hinderance, seeming unpolished, but I really am just here to help as myself. That is a big part of my brand as The Life Success Engineer.
This is another relatively cheap startup which can grow and grow while you are still working. Blogs and information websites are a great way to reach people, giving you a bigger audience to reach with your content.
I go into more depth in this video…
For me, the idea of supporting other people online is fulfilling and rewarding. This is my mission in life! If you can make a good go of this, your opportunities to make money online become even less limited.
While we’re talking passive income, there is no better way than making a course preaching what you’ve learned about your favorite topic or profession. People make information products about almost everything; from yoga to exploiting air miles systems. If you have something you’re passionate about, especially if it helps make or save money, people WILL pay to hear what you have to say.
The world of publishing has changed dramatically in the last few years. No longer do you need to court publishers to get your words across to a massive audience. You can publish ebooks and even paperbacks on Amazon for free.
I love consuming video courses from people who’ve seen it all and done it all. It’s a great way to grow and invest in yourself, which is the most important investment you can make.
There are websites you can do this through, like Udemy, but if you’ve got a solid blog on the go, there’s no need to use a third party. Making a good Udemy course, however, can lead to more traffic to your blog! Creating a video course, especially if you’re already well versed in recording on some level, costs next to nothing and there’s no limit to what you can make. You can charge what you like and sit there while the views and purchases roll in; providing you do a good job.
More info below…
Times are changing and where you once needed a deal with a production company to make videos and DVDs, now you just need some knowledge to share and a computer. The sky is the limit! Once you make a solid go of this, you have so much more leverage in your website content and it will help your confidence grow massively.
Coaching and Consulting
Coaching is a high yield business, relying on your success in other areas. If you’ve managed to build a blog following or popular information products, the chances are that people will pay for your coaching skills. People will want a piece of you, and you can make good money this way.
The only drawback is that this can be time-consuming. However, as the demand for you as a service grows higher, you can charge more money as appropriate. As life coaching businesses grow and grow, they stop doing one to one coaching and start managing groups, and even teaching life coaching to others. So even though you do have a finite amount of time and this is not passive income, you can make more and more money from each hour of the day.
Coaching fits into my personal dream of providing support to other people and imparting my knowledge. All of the coaching and consulting work I’ve had has cost me nothing in terms of startup costs; it’s all been off the back of my own personal success. What a great way of capitalizing on your hard work up to this point.
What is Right for You?
With all of this information in mind, and seeing how I have managed it, perhaps makes the idea seem a little more realistic for you.
There is one more online business opportunity which has afforded me total financial freedom, personal growth and a real purpose in life…
Online Arbitrage Using Amazon FBA!
The first stop on my journey to make money online was Amazon FBA. I tried a couple of things, like buying pieces from charity shops to sell online. This was a good insight into the world of e-commerce, but not sustainable. Online arbitrage on Amazon FBA is a phenomenal way to boost your earnings. I started while working full time, and have since moved on to being totally financially free, working for myself, outsourcing as I please. I can’t describe the feeling of being 100% responsible for yourself and your family. Online arbitrage has changed my life. Could it change your life too?
The idea is unbelievably simple. People buy products from Amazon all the time. It’s often the first place people go to, even before using the “shopping” tab in Google. On top of that, tens of millions of people have access to Amazon Prime. So Amazon is an obvious first choice. What many people don’t realize (or don’t care about because of the convenience) is that you can generally find any product on Amazon cheaper elsewhere.
This is where online arbitrage comes in. If you can find a product priced low enough, you can send it to an Amazon warehouse, get them to market, sell, deal with the customer, post your product, and you get the profit. You can find products in high street stores, independent retailers and online stores.
There are pieces of software to help you source products and even mobile apps that allow you to scan physical product’s barcodes to tell you their sales ranks and profit margins. Shipping to an Amazon warehouse is easy too, with their affiliated courier services, meaning you don’t even have to pay for that upfront!
I kid you not, I started with 50 quid and a bit of spare time, and my business has snowballed from there. It can cost a little more to get started than the ideas I went through earlier, but the rewards are endless. There are three different methods within Amazon FBA, so take a look and see what’s best for you!
If you’re interested in pursuing online arbitrage a bit further, I have another blog post where I break it all down and give you a real idea of what has made this a success for me, as well as where you could take your business!
These are all business models that have worked for me. Amazon gave me the opportunity to explore all these other options. These are great ways to make money online in 2018, but one very important thing to do, whether you work for yourself or not, is investing in yourself, keep learning and stay ahead of the curve.
How Much Do You Want It?
Sometimes it can feel like the odds are stacked against us in our pursuit of financial freedom – and they are, to be honest. If you’re wondering whether you are capable, watch the video below. I know you are capable, all you have to do is go for it. It’s going to be a challenge, but it will be so worth it.
You owe it to yourself to take action on this. If you’re reading this, it’s because you want to start your dream, make money online, and become FREE!
I’d like to take this opportunity to invite you to look around the rest of my site here at Life Success Engineer. It’s full of business ideas, tips and strategies, helping you make money online!
Has this helped you with money management or changed your money mindset? Let me know in the comments and keep taking massive action! 🙂
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