Are you thinking of how to make money online for beginners? Well, it’s not a daunting task. People working remotely are on the rise in the U.S. In fact, about 5% of Americans are currently offering services at home.
85% of businesses also love the idea of working remotely because it allows mobility and increases productivity. It’s also an advantage to home workers since they don’t have to stick to one client or company but can diversify their income streams.
Would you want to begin making money online? Read on.
Where most people go wrong on how to make money online for beginners
Here are some reasons why most people are not making over $1,000 a month online:
- They don’t follow their passion
Most remote workers don’t do something they are passionate about; they copy what other successful people are doing.
What are you passionate about? We all have different passions in life. How would it feel spending 50 years of your life doing what you are not passionate about? Will life not be dull and unexciting?
That’s why you need to find your passion. It’s not merely picking a profitable idea because you have lots of valuable ideas around your currently.
To begin thinking about how to make money online for beginners, ask yourself if an idea is in line with your passion in life.
Picking a great idea you are passionate about will make you develop a great effort and attitude, which is critical in business growth.
Therefore, find your passion, develop a career out of it, and see money trickle. You will not feel as if you are working.
- They are not consistent
In most instances, what separates successful online workers from unsuccessful ones is consistency. Are you able to produce great content every day even without seeing any significant results? Are you ready to go live every day on your Facebook live to help your audience?
In most instances, people throw in the towel when they don’t get feedback from their cold emails, their pitching, and audience feedback.
I know it can be discouraging, but you need to be consistent because sooner than later, one person will respond. If one responds to your emails, messages, or YouTube video, a million more will; don’t give up!
Therefore, find your passion and begin offering value expecting nothing in return. If you are consistent, sooner than later, you will see some significant results.
- They don’t treat it as a business
I have seen this happen to most niche bloggers several times. They don’t treat their online blogs, channel, and freelance tasks as real businesses. That means they don’t have a business plan, do a business model, or set enough capital to begin and run the business.
It can be a daunting task to ‘go all in’ on an idea you are not fully acquainted with, but the sooner you commit your time and resources into your business, the faster you will grow and enjoy the benefits of being on top of the file.
There is a saying that says if you are good at something, don’t do it for free. Use your talent to make money because some online workers leave lots of money on the table by not utilizing their skills.
Begin by having a clear, concise, and well-documented business plan. It will act as a compass and helps to keep you on track.
Therefore, treat your online work as a real business because that’s the only way you will compete with people minting more than six figures online, who treat their business as a real profession.
- They don’t invest in themselves
The best investment you will ever make is an investment in self. However, most people fail to do this and choose money and time as reasons not to invest in things that matter.
The more you learn something, the more you earn from it. Investing in ourselves is enriching our lives. It’s making life exciting and fun. You will most often get much fulfillment mastering a new skill than merely spending time playing it safe.
Therefore, spend time to learn everything about something and something about everything. Spend as much time investing in your talent and skill. By perfecting your skills and becoming an expert in what you do, people will pay handsomely for your expertise.
Most online workers fail to invest in themselves. They limit themselves to what they learn from others and choose to play it safe. However, you need to go beyond the basics. Learn, experiment, and master new skills.
That’s the only way you will rise to the top of your niche in the online marketplace.
- They don’t network effectively
How effective is your network? Your network equals your net worth in most cases. Networking is the best way to learn from other’s successes and failures. It’s vital if you want to grow your business.
You need to network with the right people. Take, for example, a blogger. If you network with other bloggers, you will get fresh growth ideas, opportunities, and referral traffic from other blogs.
Your clients and customers are also in your network. Everyone can be your client because even people in your niche can refer your services to others. So, take time to strengthen those relationships with the right people.
Effective networking creates long-lasting relationships, offers business growth opportunities, build your confidence, and give life a different perspective.
You can network online and offline as well. The best way to network is by offering value. Let someone feel he or she can benefit from you, as well.
Recommended books on how to make money online for beginners
Are you getting your feet wet in your online journey? Don’t jump the gun. I would recommend that you read these books below. You will make fewer mistakes and grow fast compared to someone who doesn’t invest in himself first.
The Insiders Guide To Affiliate Marketing
I always love Legendary Marketer’s products. Therefore, when this book was released, I was among the first few in their waiting list.
One of the best ways of how to make money online as a beginner is undertaking affiliate marketing. You don’t even need to have a product to promote. What you need are excellent marketing skills. But what’s most challenging when it comes to affiliate marketing is getting evergreen traffic consistently.
You also need to choose the right products that people will actually buy.
If these might appear challenging, you need this book. It also comes with templates that will allow you to effectively map your audience, generate traffic using free methods, and become moneyed.
I have written a blog post that talks about how this book can help you to plan, launch, and manage an online business effectively.
The Copywriters Playbook 2020
Have you heard of copywriting? Well, you may not understand the value of this skill now, but if you watch most of the commercials on T.V., you will understand the real application of copywriting.
With copywriting skills, you will be able to present the right marketing message in front of the right people at the right time. To do so, someone needs to use the right words. Words, when used properly, can compel someone to purchase your offers and subscribe to your list.
The challenge comes when you have to balance the sale with the message. You need to be strategic here. Otherwise, your copy will be more salesy; people don’t like to be sold into.
To cater to this challenge, read The Copywriters Playbook 2020.
Here is an in-depth review of this book.
Here are the top 5 ways on how to make money online as a beginner
1. Affiliate marketing
The easiest way of making money online is through affiliate marketing. You can begin today at the comfort of your house and make money selling affiliate products.
What you require is a marketing channel, products, and traffic. You will also need excellent marketing skills.
There are different affiliate networks you can join. One of the best now is Amazon, which is the world’s largest online marketplace. There are people like Tung Tran of Cloud Living, who are making over $10,000 per month as Amazon affiliates.
You can also develop a niche blog and sell affiliate products. This blog is an example of a niche blog. I also know of several niche affiliates making passive income streams online.
Therefore, begin affiliate marketing. It’s an easy way of making money online if you don’t have your products.
2. Blogging
Blogging is also popular when it comes to making lots of money online. Some example of blogs making millions per month is Forbes and Huffington Post.
Beginning a blog is merely a few clicks. You will need a domain name (get one from Namecheap), a hosting provider, and a CMS such WordPress. You will need good hosting because your website speed matters.
There are several web hosting to choose from. Here are some of them:
Once you have WordPress installed on your blog, you can begin blogging. Choose a niche you are passionate about since you might not move the needle if you spread too thin. Besides, Google favours authoritative niched content.
You can monetize your blog through the following methods:
Google AdSense: Apply for Google AdSense and allow Google to begin advertising ads on your blog. Whenever a person clicks on the ad, you will receive an amount of capital.
Sponsored posts: People can pay handsomely to guest post on your blog. Therefore, once your blog begins to get tons of traffic, you can allow sponsored posts.
Sell digital products: You can sell books or courses on your blog. A good example is Digital Marketer or Yoast. They have courses on their blogs.
You can also sell private ad spaces and allow people to rent for a specific amount of time.
3. YouTube
I know this is popular with millennials because they ultimately spend more time on YouTube than on T.V. You see, YouTube is the world’s second-largest search engine. In fact, people watch about 5 billion YouTube videos every day.
Therefore, it has massive potential for someone looking for ways on how to make money online for beginners. Ryan is an example of a YouTuber making millions from his review channel.
You don’t need to think a lot if you want to make money on YouTube. A while back, people could invest in expensive equipment and spend hours editing videos. Today you have your smartphone with an H.D. camera.
Just choose a topic you like. Ryan makes money by reviewing toys. You can also make money teaching people a particular skill such as cooking, weight loss tips, or reviewing gadgets.
Undertake keyword research to get the best performing keywords and use them in your title, tags, and description. You can use this excellent tool to rank fast on YouTube.
Once you get about 1,000 subscribers and more than 1,000 views, apply to join the YouTube partner program to monetize your channel.
4. Dropshipping
The Dropshipping business is on the rise. It’s a little different from affiliate marketing in the sense that you receive payment of goods first and place the order on behalf of your customer.
Therefore, with dropshipping, you don’t handle any products, have any warehouse, or even handle the shipping of the actual merchandise. You will do everything at the comfort of your house.
Begin by setting up your store. Shopify offers the best store-building option. With a few clicks, you have a Shopify store. Look for products you can easily promote on sites such as E-bay or Alibaba and list them on your website.
Promote your products through digital channels to reach your customers. Collect the money and place orders on behalf of your customers. Repeat the process and grow your business.
5. Freelancing
You can make much money freelancing online. Think about the skills you have. People are looking for those skills. Why not leverage your skills to make passive income streams online.
Are you good at designing websites? Join Fiverr, Upwork, or Guru and begin offering web design services.
Freelancers are making over $10,000 a month offering these services on Fiver. Just log into the site and watch some of the freelancers in level 2. They have several web design gigs in the queue. That says there is a demand for web design services.
If you are also an expert at creating content, you can begin offering content marketing services on Upwork or Textbrokers. Whichever the skill you have, there is always a demand for that skill. Just understand what you can provide best.
You can also learn to copywriting. Copywriters are always in demand. In fact, it’s one of the highest-income skills.
Conclusion
Thinking of how to make money online for beginners? It’s not a daunting task. Begin by understanding your passion, analyze your skills, and have a wide range of choices before choosing one area to specialize in.
It may take time before you begin making a living online. However, with consistency and focus, you will see results. Begin today.
Affiliate Disclaimer: I hope you liked our make money online for beginners article. Please note that some of the links inside this article may be affiliate links to various programs recommended. That means that if you click on one of the links and sign up, I may be compensated for it. If you do happen to click, we really appreciate it! Any money we make keeps this site running smoothly and allows us to keep writing these high-quality reviews.
