If you are looking for how to make money online, the first thing you must know is – yes, it’s possible to make a ton of money online and there are many people out there doing it very successfully.
But it’s always not that easy in practice as it is in theory, right?
Let’s face it, you probably have searched for the phrase “make money online” on Google repeatedly, only to find yourself disappointed.
Believe me, I know where you’re coming from.
The sad truth is, while there’s a lot of resources that claim to help you make money online, most of them fail to deliver.
Worse yet, a lot of them play all sorts of games and engage in all sorts of shenanigans only to leave you hanging and short of more than a few bucks.
If you’re looking for how to make money online, you have come to the right place, but let me walk you through the complete process.
I’m not going to hide the ball. I’m going to show you the big picture.
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Leverage the power of the internet
When it comes to making money, the internet has made it so much easier.
You no longer have to go to a cubicle, work eight hours, punch the clock to login and log out.
You can dispense with all of that.
You don’t have to hassle with the traffic.
You don’t have to mess with falling in line for the fast-food joint on the first floor of your office building.
You can kiss all of that goodbye.
You can make good money working from home.
You can work from the corner, coffee shop in your neighborhood, and your bedroom.
That’s what’s so awesome about it!
The best part?
You don’t have to actively slave over every single dollar you make.
I know that sounds crazy. But it’s true.
You can automate it using software and you can create digital assets that would produce income over a long period.
Think about that for a second. You work once, but you make money many times from the product that you produced.
Wouldn’t you want to do this? Most people would.
And, there lies the problem. People get so excited about making “passive income” online that they fail to think in terms of business models.
Everything seems like a blur to them and that’s why they get scammed.
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Focus on the right model
The first thing that you need to do is to be clear about how you’re going to be making money online.
There are two ways.
If you break it all down there, it all boils down into two major ways of making money.
Now, there are alternatives, but they take more time and more investment capital.
If you have very little money and you want to make a profit online, you can take confidence from the fact that you can make money buying other people’s services low and selling it at a higher price.
This is called arbitrage.
Alternatively, you can write something once and make money several times from it.
People read whatever it is you wrote, and they want to buy your information product.
Every time they buy you don’t have to write a new book.
That’s right. You don’t have to sweat over a new brochure or booklet.
You’ve already worked once. But every single time that item sells, you make money. Pretty neat, right?
You can even make money writing for other people online and getting paid!
With the many online publications out there, the demand for writers keep increasing.
You can join other writers making money writing if you want to.