Ways To Make Money Online No Scams – For many, making money online will be a dream come true. If they could find a way to make money with a website or other online business, they could quit their job to focus on entrepreneurship, spend more time with their family, and finally reclaim their time and life.
The amazing thing is that making money online is not just a dream. I’ve been doing this for about a decade now through my website Good Financial Cents. I also know thousands of other people who are making money online on their own through websites, courses or unique marketing strategies.
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Now, here’s the good news. Most online income strategies are not that complicated. Like any business venture, it takes time for your internet income to grow. You have to be willing to put in the time and energy it takes to get your idea off the ground, and you need to put in the effort to make it stick, even if your journey is slow to begin with.
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If you want to make money online but don’t know where to start, here are some of the best and most effective strategies to consider:
If you have visited any website, you have seen Google ads. These ads are everywhere, and for good reason. Not only are they easy to install on any major site, but they can be profitable once your site starts bringing in a decent amount of traffic.
One of the best things about Google Adsense is that it is very easy to set up. If you have a blog or website, you can sign up for a free Google Adsense account. From there, Google will give you a unique code that you will place on your website. Google takes it from there, tracking your page views, traffic and revenue on your behalf. There’s no maintenance or upkeep to get this thing up and running, making it a no-brainer if you already have a website.
How much will you earn? I think my best month with Google AdSense in the last ten years was around $5,000. That beautiful month made me happy because it was near the beginning of my blogging journey. When you go from zero to $5,000 in one month, it will rock your world. For me, it was also more fun because I knew there were other ways to make money.
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If you have a website or are still dreaming of blogging ideas, you may want to look into affiliate marketing as well. With affiliate marketing, you partner with brands and businesses within the content of your website. If you refer to a product or service, you link to that product or service using the unique affiliate code you received when you signed up for that affiliate program. From there, you’ll earn money whenever someone buys a product or service through your link.
Generally, you will want to partner with partners who are related to your blog idea. Since I am a financial advisor, I have focused most of my partners’ energy on financial products such as savings accounts, credit cards and investment accounts.
In addition to signing up for individual affiliate programs, you can also sign up for an affiliate marketing network that offers tons of different affiliates all in one place. That way, you can see what works and what doesn’t over time.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of Making Sense has become an expert on all things affiliate marketing. Michelle earns over $100,000 a month from her blog and most of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
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While Michelle works with many partners in the financial services industry, one of her biggest partners is a blog hosting company called Bluehost. This just goes to show that you can make money with almost any affiliate or product if you know your audience and generate enough traffic to generate sales.
Another way to make money online is consulting. If you are an expert in a certain field, you can find people willing to pay you to advise them on their personal or business goals. You might think you’re not important enough to consult with big companies, but you might be surprised at what kind of expertise people will pay for.
My colleague Robert Farrington of The College Investor is a great example of someone who consulted online in an extraordinary field. Robert told me that after a few years of blogging, several brands approached him for help with social media and online marketing.
Robert said he averaged 4-6 gigs a year, depending on his schedule and the work involved. Above all, he charged a flat rate that was usually $100 an hour. And remember, this is what he was getting paid to advise people on the best ways to use social media tools like Facebook and Pinterest to promote their brands.
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If you want to start counseling but aren’t sure what steps to take, you can also open a free account with Clarity.fm. This site allows anyone who wants to give advice to create a profile for free. Once your profile is created, people will find you and book a session for which you will pay.
If you have skills that you can teach others, it is also possible to create an online course that you can sell online. You can find online courses that teach everything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisors looking to take their business online: The Online Advisor Growth System.
Last year I introduced my friend Joseph Michael of Easy Course Creation. Michael offers several different courses, including one on a writing program called Scrivener. Over the years, Michael has made six figures or more a year selling courses that help people achieve the kind of success he has.
Many people host their online course through a platform like Teachable.com. With Teachable, you can upload your course materials and use the platform to manage clients and accept payments.
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Another way to make money online is to host podcasts online. I have a Good Money Cents podcast along with my blog and I use that platform to find new sponsors and advertisers all the time.
I still remember when I got my first podcast sponsor and found out they were willing to pay $8,000 for me to include a short clip at the beginning of every podcast for 90 days. It was really exciting for me at the time because I wasn’t sure I could monetize my podcast at first.
However, there are tons of people who do more work on their podcasts than I do. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the show’s most recent earnings report, this podcast brought in over $400,000 in net income in March 2018. Now that’s crazy.
The key to success in podcasting is to find your niche, grow your audience, and then find ways to monetize and connect with sponsors. It’s not the easiest way to make money online because there’s a lot of equipment that goes into writing, recording, and editing a podcast, but it’s still worth considering.
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Although the publishing industry used to be print heavy, these days you can complete the entire process of writing, publishing and promoting a book online. Sites like Create Spaces will allow you to upload and take your book to print without involving an official publisher, and you can even get your book on Amazon.com so people can buy it there.
A blogger I know named Joseph Hogg has a successful blog (My Work from Home Money) and a thriving book publishing business. Hogue has written several books that he has published online just to create an ongoing source of income. He says he averages 685 books sold per month to bring in an average of $1,857 in revenue. Not bad, huh?
If you think you can write a book that people will want to buy, this is a good strategy to consider, as start-up costs can be low, and you probably already have a computer and speech processing software.
Another way to make money online is by collecting leads. The main steps you need to take to be successful in lead sales include creating a website, getting traffic to that website, and making sure you’re collecting leads that someone will pay for.
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Here is a great example of how lead sales can work in real life. My second website, Life Insurance by Jeff, gets a lot of traffic from people searching the Internet for answers to life insurance questions.
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