So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future. It's not easy by any means. Anyone that tells you otherwise isn't being transparent with you. However, there are some basic methods for making a respectable amount of cash in the short term.
Before I talk about some of the methods for making money online, I wanted to address the role of pain versus pleasure. However, this is also what holds us back from succeeding in any endeavor. Now, making money online should seem like a pleasurable activity. In the beginning, like anything else, we might get really excited about it. But that all comes crashing down when we begin to fail. The problem? In order to make serious amounts of money online, you need to the most amount of work for the least initial return, not the least amount of work for the greatest return.
All they need to do is send a few emails out, and voila, instant millions overnight. Well, clearly it doesn't quite work like that.
The issue at heart is that we will always do more to avoid pain than to gain pleasure in the short term, not in the long term. That's why it's so hard to quit bad habits or do anything else that requires any semblance of struggle. The human mind is hardwired to avoid pain in the short term, not in the long term. It's part of our survival instinct. However, you can easily overcome this in the long term as long as you set your expectations the right way.
However, just like you, I started at ground zero with little knowledge, but a great deal of passion. Today, if you're at all serious about succeeding in any endeavor, whether online or offline, you have to deliver enormous amounts of value. Yes, you have to do the most amount of work for the least initial return. This is especially true online.
Every successful business and person has delivered a tremendous amount of value at the outset. They did the most amount of work, and they inspected every detail meticulously, to ensure that they were doing right by their customers. The point? Think about the long-term results of your activities. It will seem frustrating in the beginning. Then again, everything worthwhile is going to be difficult. It will take time. Stick it out and don't give up.
In the meanwhile, here are some of the best and most legitimate ways you can make money online in the short and long term. If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well.
You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well. I've been in the audiobook-selling business for some time now and have over 3 dozen titles to my name.
I know a thing or two about audiobooks. And, what I've noticed recently is that audiobooks are growing in popularity as their digital-ebook counterparts are becoming less and less popular. People are turning to audio and visuals when it comes to technical subjects.
However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
Yes, this is far more technical. Unless you have the right app-development skills, doing this is going to be a significant undertaking. But, apps are also a great source of passive income when done the right way. You can reach a massive audience of smartphone users by building a great app. However, like anything else truly worthwhile, apps require a significant investment of your time or money upfront. If you don't have the skills, then you have to hire someone who can assist you in creating a great app.
But first you need to come up with an idea that will sell. Do the proper market research and analytics to come up with the right app. Mechanical Turk is Amazon's take on micro-jobs. These are super simple tasks that anyone can do. Some examples are listing off some URLs with certain kinds of images for one cent, or recording a few phrases with a microphone for 6 cents.
Yes, they don't pay much, but if you string together hundreds of well-paying HITs, you can make a bit of money quickly online if you're in a crunch for cash. Also, it's important to note that you can also employ people with HITs to help you with whatever micro-tasks you might have. You could perform a valuable service that you could also up-sell to make more money per gig. Fiverr is one of the biggest providers in the gig economy on the web and you can sell a wide variety of services and products through this medium.
Do the research and find out what you can offer.
However, keep in mind that like any other money-making task, it takes time to succeed here. Upwork and 99Designs are two of the biggest resources for selling just about any professional service under the sun. If you have extensive experience in a field, you might want to consider selling your services through one of these sites. However, like anything else, the beginning will be difficult. Before you have a significant track record and extensive reviews, sourcing work in one of these highly-competitive platforms will be difficult.
One of the most exhaustive endeavors when it comes to making money online is to build a blog. But we all know that building a blog with real readership is difficult. It takes a lot of work. And I'm speaking from experience. However, once you reach a certain point, the progress and momentum sways in your favor and it becomes far easier. Blogs can easily generate tens of thousands of dollars to hundreds of thousands of dollars per month when done right. Yes, that much. But it won't be easy to get there. However, looking back on it, a year from now you'll wish you started today.
So why wait another moment? Email marketing is at the heart of every successful endeavor on the web. For those serious about making money online, email marketing is certainly where it's at. But it has to be done the right way. Before you even try to market anything to anyone via an email list, be sure that they're people that subscribed and opted in directly to you. When you try to market to people via email out of the blue, you won't find as much success.
But, if those email subscribers are actively and keenly interested in what you have to say, and they signed up directly through your blog or site, your success rates will be much higher. Ebay is a bellwether. You know that, but do you act on it? Are your marketing efforts reflective of what your users want? I think most businesses can improve their user experience, and there are some excellent tools that can help you out.
If you like the features, you can get a free trial by going to Optimizely. You might also like Crazy Egg. The way Crazy Egg does this is by showing you handy heatmaps of where your visitors click and how they read your content. It allows you to automate tasks within apps that you use. That said, there are several places you could spend your ad budget on. Google AdWords, Instagram, Twitter——the list goes on and on. So if most of your audience hangs out on Instagram, run ads on Instagram. You can calculate these values and learn more here.
You might buy unnecessary software or too much software. On top of that, there are lots of products and services that were created to take your money without providing you with a lot of value. In fact, not all of these services may be right for your business. How are you spending your marketing budget? Are you going to spend it differently from now on?
Top 10 Ways to Make Money Online With Integrity
Save my name, email, and website in this browser for the next time I comment. I agree to receive an email that'll allow me to claim my prize and a series of emails that will teach me how to get more traffic. There was an error trying to send your message. Please try again later. As it turns out, how you spend your marketing budget is actually pretty important. Take it from me. Think about it — why are you reading this article right now? And the most effective kind of content is arguably the blog post.
I spend tens of thousands of dollars in content every single year. No matter what, you should set aside a good chunk of your budget for content.
10 Ways Experts Are Spending Their Online Marketing Budgets
Which brings me to the second way experts spend their money… 2. Your entire content strategy needs to be seamless. Let me ask you something: How organized is it? To make your strategy work the best, you need to be using the right tools. Use these numbers as guidelines to help you figure out what you should spend. Backlinks are the currency of SEO. There are a couple of backlink tools that I will always recommend. The first is Ahrefs. I check Ahrefs regularly to see how my site is doing and find ways I can improve. This tool gives you an amazing amount of information right at your fingertips.
There are a few tools that almost every marketer uses to manage their social media accounts. Basically, it allows you to schedule your social media posts ahead of time. Then complete the signup process to get the free trial. Since the free version is limited, I do recommend considering the paid versions. Copy revision Think of the 5 most effective businesses you know. Now go to their websites. Email marketing Many marketers think that email marketing is the most important type of marketing. The problem is that there are thousands of options out there.
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What do you go with? I love how easy to use it is. You can get a one month free trial by signing up on the homepage. Just go to the bar at the top: Another email service I have to recommend is Hello Bar. The Hello Bar is a simple bar that sits on the top of a page and asks for emails. User experience improvement Your marketing is all about your users.
I built this tool to help businesses find the weak spots on their websites.
You can get a free trial by going to CrazyEgg. Task automation Marketing became a lot less stressful for me when I started doing less. I just automated them. They offer a pretty good ROI and allow you to reach a wide audience. But all of these platforms can benefit you if you use them right.