What is the best way to earn money on the internet? That’s a question I hear a lot. It seems like a simple, straight-forward question, right? Actually it depends a lot on the person that’s asking it and what their goals are.
My goal here is to give the most honest, realistic answer possible while considering the goals that one might have in mind. What I am not going to do is bore you with things like taking surveys, ad clicking, and time-consuming stuff like that which gives you little return for your time.
Why Do You Want To Earn Money On The Internet?
So, this is the big question. Why?
The reason why you want to earn money online is extremely important when considering what is the best way for YOU to earn money on the internet.
If you are in need of fast cash to pay a bill, the best way for you is going to be much different from the person who is looking to replace the income from their JOB.
Typically, you’re going to fit into one of the below categories.
- You need extra cash now, for whatever reason.
- You want the freedom to work at home vs travel to a job.
- You need extra long-term income.
- You want a lifestyle change that provides you with the freedom to enjoy life.
- You’re looking for a get-rich-quick solution.
Chances are, you’re probably looking to make money on the internet for one of these reasons.
Let’s take them one at a time and see what solution might fit you best.
You Need Cash Now
This is a common reason people turn to the internet.
Unfortunately, there are a lot of scams out there that prey on those who are looking to make money fast on the internet. They purposely promote Get-Rich-Schemes that claim to make you money overnight or within a very short period of time. They are simply taking advantage of your emotions and desires.
Please don’t fall these scams. The God’s honest truth is that there is no such thing as making money like this on the internet. It simply doesn’t exist. These guys who promote these scams take your money and run. They may offer a money-back guarantee, but chances are you’ll have a very hard time getting your money back.
What Should You Do If You Need Cash Now
In all honesty, if you are in a bind and need cash immediately, the best way to do that on the internet is eBay.
Take a good look around the house, storage, or whatever, and find some things you can sell on eBay. You’d be surprised at the stuff you can find to just sell online.
My son is a fish hobbyist, and at one point in time, he had so much Duckweed (don’t ask) in his fish tanks he didn’t’ know what to do with it. So, we put it online at eBay with a “Buy It Now” price. That stuff was gone quicker than you can say ‘Jack Robinson’! I fact, I had to pull the listing because I got tired of packing it and going to the UPS Store.
This isn’t an internet method, and I typically discourage this for anyone that wants to keep the object being pawned. The interest rates are horrendous. In addition, the amount you get for your item is typically far less than what it’s worth. They have to make money somehow.
Another alternative which can be done online and you can get cash as quickly as the next day. Most U.S. states have a limit on how much you can get and the interest rate. However, if you need $500 or less and you can’t wait, you can get your cash direct deposited the next business day in most cases. Just Google “payday advance” and you’ll get a listing of businesses that offer online applications.
For a loan of $500, you’re typically going to pay about $90 in interest.
You’ll typically have to pay back the loan by bank draft on your next payday. Again, interest rates on these loans are very high, so check your options before considering a payday advance. Also, make sure you’re not going to put yourself in a bind when you have to pay back the entire amount, plus interest, on your next payday.
You Need To Work From Home
Working from home is another reason people go searching for the best way to earn money on the internet.
There are many reasons why working from home is a desirable option.
- Daycare for young children is expensive or outright unaffordable.
- The daily commute is just too taxing on your body and your wallet.
- You want to make some extra money to supplement your retirement.
- Maybe you want to homeschool your children.
There are few things to consider when searching for a work at home gig.
- The skills you have to offer.
- The type of work you are good at and happy with.
- What are your income goals?
- How quickly do you need to start working from home?
There are basically 2 categories you’re going to fall into when it comes to working from home.
First, you want to work at home using the skills you already have. The amount of money you’re able to earn on a per hour basis will depend largely on your skillset and where/who you turn to get work.
If your skills are technical, your options are a bit wider. There are many specific types of services on Fiverr that you can offer. People will happily pay you to set up websites, servers, and take care of other specific technical tasks. Take a good look at your skills and what’s being offered on Fiverr and you’ll likely find a lot of things you can do to make good money.
This is pay per job type work, so if building business or creating passive income is your goal, this is not what you want.
Long-Term Income And Lifestyle Change
Generating long-term income and lifestyle change sort of go hand in hand. When you can generate passive income long term, you’re making a huge lifestyle change. In turn, this can give you tremendous freedom.
The key to generating and building passive income lies in the method and execution. I’m going to assume that you don’t want to invest a lot of money or have any million-dollar businesses you want to sell.
Building a Business(s) With Affiliate Marketing
Affiliate Marketing is often misunderstood. Some people like to refer to it as peddling cheap products or just plain ripping people off. This couldn’t be further from the truth.
Due to the massive migration to online purchasing that has, and will continue, to take place. The opportunities for affiliate marketers continue to grow as the online market expands. Nearly everyone (even Walmart) have affiliate programs. That means that people like you and I can market nearly anything we want.
Did you know that 80% of people online at any given moment are looking for something to buy? That’s right, 80% of the billions that are online right now are looking to buy some product or service. That’s an incredible marketplace.
Affiliate Marketing, when done right, is one of the most lucrative methods of making money online today. You can actually create multiple businesses and even sell them when the time is right. Each one of your affiliate marketing businesses can be an income-generating stream for you. I personally know several people who have created affiliate websites, then sold them for 5 and 6 figures.
The best place to learn Affiliate Marketing is HERE.
Creating And Selling Your Own Product
Another great option is to create your own digital product and sell it online. You can create eBooks, Videos, Courses, or Audio products. Once you create the product you create a promotional page and an affiliate program and put on Clickbank, Amazon, or other sites where it can be sold.
You can even combine Affiliate Marketing with your digital product and promote it yourself.
Start with a topic you are familiar with, then get creative. By creating your own products you can generate multiple revenue streams.
Check out the Digital Marketing Launchpad for complete information on how to create and launch your own digital product. This is an inexpensive product that show’s you FREE ways you can utilize to create your own product and get in front of the people who want it.
Looking For The Get-Rich-Quick Solution?
Sorry folks, I don’t have a solution for you here. Short of robbing a bank, getting a huge inheritance, or winning the lottery, there really isn’t anything that’s going to help you here. I certainly don’t condone bank robbing.
Like I said earlier, don’t fall for the scammers online promising you riches overnight. It just doesn’t happen.
Anything worthwhile is going to take hard work and persistence to get the payoff. Remember, if it looks or sounds too good to be true, then it probably is. In all my years on the internet, I’ve never seen a LEGAL way to get-rich-quick.
Trust me, you’ll be much happier building your own passive income business. That’s something that no one can take away from you. Once you learn how to do it, it’s like teaching a man to fish. If you lost all your fish, you can still go back to the stream and catch some more, right?
Wrapping It Up
When considering what is the best way to earn money on the internet, we should always understand the why behind it. Why are you looking for it? Then go about the best method of attaining it.
Most people are looking for a way out of a situation. Whether it be freedom from that 9 to 5 or immediate cash need. There’s a solution to every situation.
The world is changing the way it does business and online purchasing is becoming the norm today. Why not take advantage of the enormous opportunity available to everyone, right now, today. Affiliate Marketing and/or owning your own products are a couple of the best ways to earn money online.