You’ve probably come across hundreds of articles, in which the author tells you that he quit his job to live on the road, while earning money working from the comfort of his home. But… how can you make money on the Internet? Is it really possible?
AND THE ANSWER IS:
Yes…! Earning money online is completely possible and there are already thousands of us doing it.
Just as it was hard for my dad to understand, the day I told him I was quitting my old job in a multinational, to work as a sleeper while making money from anywhere in the world, I know that for many it may sound like it’s too good to be true.
But although it may sound utopian, I tell you that thanks to my online ventures and the fact that I learned how to make money on the Internet, today I can live by traveling and multiplying my income, while enjoying the life I always dreamed of.
All without having won the lottery or much less be a genius of technology, because just 2 years ago the most I had achieved was to download an app on my cell phone.
HOW TO MAKE MONEY FROM HOME WITH AN ONLINE BUSINESS?
In this article I want to share with you some of the easiest business ideas to start making money online.
Please note that whether one of them is more or less viable for you, will depend on both your tastes and your skills.
If you have read me before, you probably know that with my online business models, I can make money even while I sleep. So much so, that today I earn my old year’s salary in just one month, and that happens almost automatically.
And no, it’s not that I want to brag, but since talking about numbers ($$$) seems to be what moves many people, I decided to do it so they can see the incredible possibilities they have of achieving that financial freedom that 99% of Hispanics are missing and that is within reach of anyone with access to a computer and an internet connection.
But please, watch out! I want to make it clear that just because I can generate passive income today (almost automatically), doesn’t mean I never moved a finger. It has been more than 1,500 hours of study, trial and error, which have brought me here.
I summarize the whole step by step in my community of support to digital entrepreneurs and in this free mega guide.
Below you will find a general list with 20 of the best ways to earn money online, but first I want to share with you…
MY FAVORITE WAY TO MAKE MONEY ONLINE
MAKE MONEY ON THE INTERNET BY CREATING YOUR OWN BLOG OR WEBSITE
The best thing for the beginning!
Definitely, creating a professional blog or website is (at least for me) the best way to earn money online, while working from home and the one I personally recommend as a first choice… But why do I think a blog is the best way to make money online?
Simply because writing about something you are really passionate about, from your home or anywhere in the world and on top of that you get paid for doing it, for me is the best job in the world, besides there are many ways you can monetize it.
As I said before, the investment is minimal (less than what it costs to go to the movies or dinner) and the profits can be very high, becoming in the end a very profitable business, which will not need your presence to generate money.
Thanks to my blogs, I was able to quit my traditional job and multiply my income, all while living the life of my dreams.
But I want to make it very clear that I didn’t quit overnight, and I’m warning you here, since hundreds of people write to me every week saying they will quit their jobs to create a blog, and I suggest doing it the other way around!
Personally, I worked on my first web project every night when I came home from the office, and during the day I kept my regular schedule (one that made me leave my house at 6am and return at 9pm).
I didn’t hand in my letter of resignation until I saw my blog generating, for more than 3 months in a row, income that surpassed my old salary.
That one that took me 6 years, a bachelor and master’s degree I got; but now it was far better, thanks to the fact that I decided to create a blog that allows me to live traveling and earn money online…
WAYS TO MAKE MONEY ONLINE WITH A BLOG
MAKE MONEY ONLINE WITH AFFILIATE MARKETING
This is probably the easiest way to make money online.
It comes down to finding products that are aligned with the theme of your website, and that you really like, and then joining their affiliate program and promoting them with your followers, receiving a commission for each sale (they will give you an affiliate link that will allow them to know if a customer came through your referral).
There are thousands of affiliate programs you can join and most of them are completely free (cj.com, Amazon Affiliates, shareasale.com, tradedoubler.com, zanox.com, etc.).
The only requirement to be accepted is to have a blog or website related to the topic of the product or service you are looking to promote.
For example: a travel blog can be affiliated with booking.com and a fashion website (or one with practically any other theme) can apply to the Amazon affiliate program and start promoting their favorite clothes and accessories, among the thousands of other products that Amazon has to choose from.
MAKE MONEY ONLINE WITH ADVERTISING
This is one of the most used monetization models to earn money online in a passive way (24/7 and working the minimum), especially when they are blogs or websites that handle news or entertainment type topics and have the facility to go viral.
As this method pays only a couple of cents per click, you need to have a high volume of readers for it to become a good source of income.
Based on my personal experience using Google Adsense on this and several of my other websites, for every 10,000 ad impressions you would be earning a minimum of $10 ($1 per 1,000 impressions).
This may vary depending on your subject matter, the location of the audience that reads you, the authority of your website and some other factors.
MAKE MONEY SELLING DIGITAL PRODUCTS (INFOPRODUCTS)
If your website is about a subject that you are really passionate about (which is what I always recommend to my readers when they ask me for advice on choosing the topic of their blog), and you have some knowledge or a lot of experience about what you write (it is not necessary to have a university degree that accredits you as a travel graduate, etc.), you can create and sell a digital product or “infoproduct” (usually in PDF format or pre-recorded video) and have the possibility of generating thousands of dollars a month in online income.
For example, when I started talking about my experience promoting brands and getting sponsors for my first travel blog, hundreds of people wrote to me asking my advice to do the same.
Weeks went by and I kept giving the same answer over and over again, until it occurred to me to summarize everything in a guide to getting sponsorships and offer it on my website, for those who asked me.
It took me only a couple of hours to create it (I wrote it in Word, passed it to PDF and then I put it on sale here on my website) and it has ended up becoming so popular that after a while it started selling by word of mouth and has been generating a couple of thousand a month, almost without any promotion.
CREATE AN ONLINE COURSE OR PROMOTE ANOTHER BLOGGER’S COURSE AND EARN A COMMISSION ON THE SALE (AFFILIATION)
The idea is based on earning money online by creating a course (videos, PDF + Facebook Group, etc.) in which you share information to help solve some of your readers’ problems.
Are you very good at managing your budget and can you make money without problems until the end of the month, even when your income is low? Then teach others to do the same and earn thousands doing it!
Just like you read it. You probably have no idea how many people are interested in learning how to manage their finances efficiently, ranging from serious investors to families trying to save to be ready for a new baby.
So you know: creating a pre-recorded mini-course on almost any subject can lead to thousands of dollars each month without any major effort.
IS MAKING MONEY ONLINE EASY?
As we all know, nothing in life really worth getting is easy, and of course generating enough passive income to live comfortably is NOT easy. Doing so requires a lot of work, at least in the beginning.
You’ve probably read about people who bring down the moon and stars and so, as well as being very honest in posting anything in my free support community, I feel an obligation to speak clearly to you here as well:
Having a profitable online business that allows you to make money on the internet in a sustainable way does require effort, but it’s not impossible.
Therefore, although through my community of bloggers and my free courses, I try to guide you with all the information you need to make money online through a shorter path than mine (I started without any help), after that, everything will depend on you, your will, and your effort and talent.
HOW LONG WILL IT TAKE YOU TO START MAKING MONEY ONLINE?
You will NOT create your website today and start making money online tomorrow. Making money online and generating passive income to the point of being able to do so by leaving it on automatic, takes time.