Yes, it is possible to make over six figures online. Does it happen overnight? Absolutely not. I believe that nearly anyone can make money online.
Making money online is a marathon, which is why it is important to start today. If you don’t start now, you never will. It’s easier now to make a living online than ever before. I’ll show you exactly how.
Why you need to start making money online
Making money online will open a number of doors to your financial future and goals. These are some of the main core objectives of why I’m so passionate about making money online.
- Autonomy
- Financial freedom
- Fulfillment
- Let your creativity run wild
- Ability to give back / help others
When you’re able to make money online, you can live a life that you want. There’s no need to answer your boss’ request or make someone else more money.
You get the opportunity to build a financial situation that is most suitable for you.
Will there be ups and downs? Yes.
Will you question everything? Yes.
When it’s all said in done, you’ll say to yourself, I should have started doing this a lot earlier.
For me, making money online with websites has been a gateway to control my lifestyle and money to live a more fulfilling life.
It’s simply the best way to control money and not let money control you. The best way for you to start making money online is to do it on top of your existing full-time job.
You’ll want to have the capital available to test, learn and test more. This is exactly what I did and I glad I did it. It makes the work that much harder, but so much more worth it.
Pick a niche and go!
There’s plenty of niches to go around. In fact, there are likely thousands of new niches being created every day. We as humans are always changing. Our lingo, communication and habits change niches every single day.
An example. Memes. I don’t think anyone in the world could describe what a meme means in 1990.
Let’s take a look at the data from Google Trends. This is what the trends for memes since 2004.
Talk about the creation of a niche?
Here are some of the most common niches (and profitable) niches to start making money online.
- Fitness and Weight Loss
- Health
- Dating and Relationships
- Pets
- Self-Improvement
- Investing
- Personal Finance
- Technology
- Music
- Movies
- Lifestyle
These are just the general niches. Within each of these, there are sub-niches that are much more narrowly focused.
For example, within weight loss, you can think about paleo diets, pills, etc. The options are endless.
Or, within lifestyle, there is the wedding niche. You can create a site or business solely off of compostable wedding material.
Check out this list of untapped niche markets that you can start building an audience off of. Get your creative juices flowing.
The most important component to making a living online is that you should have a genuine interest in the niche.
When in doubt, niche down to something more specific. Leave the door open for you to going broader and trying for harder keywords over time. Make it easier on yourself and start narrow.
This will give you some extra motivation to push through the lows of making money digitally.
No matter the site you need to build an audience
I’ll get to the many ways to make money digitally shortly. First things first, and no matter the website type, you need to have an audience. When you start your brand, website or product, you need to think about your audience well in advance.
It’s not just thinking about who is your audience. It’s mainly thinking about how you will acquire and speak to them.
The most powerful revelation for the digital world is creating communities with the tap of a button. Think about it. Audience rules everything. If you aren’t spending money, building one. You are simply missing out.
Facebook didn’t care about revenue. They cared about users. When they were ready to turn on their revenue streams, it skyrocketed.
Why? Because they cared about their users and the underlying audience.
There’s plenty of ways to generate a new audience. Either paid or organically. No matter how you decide to make money online.
You are going to need your audience to have sustained success. Become an expert at audience building and the rest is history.
For me, I created an audience in a short period of time using organic methods and providing helpful resources.
This led to me increasing my email list by 554% in less than 6 months…
With no paid ads.
I used Leadpages to explode my growth during their free trial period. It’s an affordable way to create landing pages and guides for your blog.
Here is a graph of the growth over time.
Most effective ways to make money online
Surprisingly, there are actually only a few ways to make money online, which fall into a few general categories. I’ll break down each category in specific detail.
- Content-oriented / informative
- Software and/or data as a service
- Service / freelancing / brand businesses
- E-commerce
- Investing
That’s it. These are the only ways to make money from the online world.
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