I have had a lot of viewers asking me what is the fastest way to start earning money online. Now whilst I am not a big fan of “get rich quick” schemes as I mentioned in earlier episodes, there are specific things you can do to start earning some money and certain things you can do that will put the odds of success in your favour.
There are literally hundreds of ways that you can start to build wealth and through platforms such as Youtube and Social media you can create a business that will span across the world and all you need is a bit of wit and ingeniunty.
In this Freedomin hours episode we look at some methods for the fastest way to start earning money online today.
You can see the video review here:
Why is 2020 the year to be making money?
Now why is 2020 the year that you can start earning money online fast. Well there has never been a better time to be able to earn money then right now.
Let me demonstrate by discussing websites. Several years ago to start an online business you needed to hire a graphic design person, someone for the website, someone for the SEO, you had to source suppliers, find manufacturing and then co-ordinate distribution. Not to mention payments, advertising, invoicing … the list goes on.
But now the process is sooo much easier. You can build websites from sites such as Shopify that can be set up in a matter of hours and then use existing manufacturing and distribution networks for products that you don’t even need to own. You can promote your site across social media and other networks. You can be set up with very little money and have your own global business. It really is incredible and just blows my mind. Even with this video you are watching now it is appearing in dozens of countries right across the world.
We will do a later video on the new age of opportunities, but for now let’s dive in and have a look at some of the top fastest ways to make money online. And in future videos I will be exploring each of these in detail. So look out!
1. Starting your own website
You can start your own website cheaply and easily. There is enough material available online to help you put together your own website. This includes choosing the domain, templates, layout and the overall design for your website. Once ready you can start selling products and services, or use blogs and Google adsense to generate another source of income. The more traffic you get on your website, the more will be the potential for higher earnings. In a personal example we have created the online store Mr.YouWho which is going fantastic. Whilst we only set it up several months ago it is already creating a great reoccurring stream of income.
We have found Bluehost to be an excellent service in starting a website and they have very cost effective plans when starting out. You can see Bluehost here.
2. Affiliate marketing
Once your website is up and running, you could opt for affiliate marketing by allowing companies to insert web links on to your site. This is like a symbiotic partnership. When visitors to your site buy products or services by clicking on such links, you earn out from it. You can create affiliate links through your website or also you can do it through blogs or such places as a Youtube channel. This can be a great way of generating an income and you don’t have to own the products.
3. Make money blogging
Blogging might be one of the fastest and easiest ways for a beginner to start earning passive income with a blog. You can also link the blog to Adsense which will ensure you get reoccuring add revenue.
It should go without saying that in order to make money with a blog it’s best to start by choosing a profitable niche market; something where there is a proven marketplace that intersects with your own passions, interests, and expertise. But remember, earning through blogging may also take a lot of time and effort. For some, it may take as long as year to actually earn through blogging.
Once you’ve done that, it’s just a matter of getting website traffic, building your email subscriber list, and making money online. Bluehost is a great way to start a blogging site and it costs very little.
To look at or join Bluehost please click on this link.
4. Create an online course
Do you realise that you have heaps of skills within you now and that people will happily pay for your skill and experience. There is no one way to write a course. All you need is patience and imagination. Most of all, if you love the field of your expertise, everything will come into place. There are hundreds of tools and resources out there to create a stunning course!
It doesn’t have to take much time to create a course. If you have all PDFs and videos stored and want to upload content, create some quizzes, a certificate, and a landing page a week is more than enough to create an online course if you work a couple of hours a day on it.
Now depending on what information you already have course creation may cost from zero (except the learning platform charges) to thousands of dollars. For example, some instructors invest a lot of money in video production.
5. Sell products across every platform?
How many online platforms are there? Dozens? Hundred? Even more?
Some businesses are still putting all of their eggs in one basket and focusing on only one platform for making money online. It doesn’t matter what you’re selling you need to make sure you are selling across as many channels as you can.
Here is a screenshot of Americans who want the following platforms killed or kept alive. As you can see there are so many platforms where people are interacting.
6. Youtube channel
This is my favourite way. Just by creating a video and posting it online effectively you can have a global reach of billions of people. I think to often we forget that in the past to have such access to a global network you had to be a massive television network, now it can be just yourself with a camera. There are a number of ways to make money on Youtube including channel memberships, selling merchandise, affiliate programs and even product and service promotions.
I used my channel Mr.Youwho and have syndicated it with a website, blogs, social media as well as promoting it across many mediums. This has meant that my channel has grown to the point where every minute I am getting views somewhere across the world.
You can see the channel Mr.YouWho here:
I will be going through future videos about how you can build your own Youtube channel.
You can also view Mr.YouWho website here
Now I hope you can see these are among the fastest way to start earning money online. Now this is not an exhaustive list, but it gives you a good idea of where you can start to focus your attention and build your knowledge. In future videos we will give somemore tips on starting to earn money online and go into further details about each of these opportunities.
Also we suggest you having a look at our article on how to focus your mind for success which will help you do develop the key skills to set you up for success!
You can see this video here:
Disclaimer: This review contains my Bluehost affiliate link which may provide a small commission to me at no cost to you. However, they are the number one tool I wholeheartedly recommend to anyone looking to start and monetize a blog or website. You can read my affiliate disclosure in my privacy policy in the footer.
Excellent article and great video. I really love you helping me. I have taken the first steps today.