3 Ways to Make Money Online for Beginners in 2019!
What’s up entrepreneurs and problem solvers? Rod here checking in wanting to talk about making money online in 2019. If you are a beginner and don’t have any skills and want to make some money, I can help you and put you in a position to win. I want to give you guys three specific ways to make money as a beginner. We’re going to make it a little bit interesting today. What I am going to tell you is going to save you a lot of wasted time trying to figure out how to make money from home online. I am going to take you from the beginning of the online journey through the middle and to the proper end game. In addition, I will be giving you guys custom solutions based on where you are at in your skill-set.
There are obviously more than three ways to make money online but I cover the big 3 here today. Before I get into it, I what to make you aware of my free seven-step guide that gets this in more detail. So make sure to go ahead and sign up for that. It will get you closer to your goal and put you in a position to start making money today and start building that passive income you want to put you in a position to live the life you want.
Short-Term Upwork Hustle
So let’s get started. Number one guys we want to talk about how, as a beginner, can you get the best traction with a little computer experience and start your money making career online. Let me qualify this first point. If you have a need to make thousands of dollars to pay your rent tomorrow this probably is not going to work for you. In that case, you will need to go out and get a job, work overtime at your current job or get a second job to pay your rent.
But if you’re rent paid and you got food on the table but want to save for a new car or pay off debts, then you need to position yourself as a professional freelancer. Register with Upwork and some of the other freelance platforms like Elance. With these freelance websites, you can leverage the skills you already have and motivate you to develop them further. There are plenty of entrepreneurs who need the service of your specific skills and will pay you money over the next few weeks or for however long you want to work this way.
These platforms are a great place to start making money online working from home. You don’t have to have in-depth knowledge but if you have skills like writing, photography, video editing, photoshop, WordPress or graphic design, you can make money on Upwork. Even if you don’t have these skills you can still be a virtual assistant where you just have to know how to use a computer and be a faster learner on basic programs and apps. There are so many different ways you can make money on these platforms in the short-term. You can leverage the skills you already have and even if you don’t have a ton of skills there are still a lot of options for you if you are resourceful and give it the old college try. I recommend you guys check out those freelance platforms and start making money right now. This is the quickest and most legitimate way to get started.
The problem with these freelance sites is they are not passive. It requires you to actually do the work, put in the hours, week after week. You will get paid by trading your time for money. Which is okay at the beginning but as you guys know we want to get you to the point where you make passive income that is going to grow into a significant part of income.
Mid-Term Resale Amazon, Ebay
Number two is pretty popular on the surface with newbies but for me personally, I don’t like it and that is retail. I know there are a lot of people make money with it but they know the tricks to success in this area of making money online. Many people start here by making a few dollars selling on eBay of dropshipping but when they want to increase this income, they have to scale it up and that is what separates the men from the boys. To make your mark in this industry to the point where you are getting consistent, growing sales and profits, you have to be in a certain niche. Because if you don’t niche down in the retail space you will be faced with the problem of competing with the heavy hitters like Amazon, Walmart, Target and other big online retailers. Most people figure they can just undercut them on price and maybe in certain situations you can but a lot of the times you can’t. Walmart is the king of low prices so if you think you’re going to outcompete Walmart overtime and then we start making millions it’s not going to happen.
But if you’re hell-bent on the resale side I would recommend you guys to find niche products that are hard to find on the large retail sites. Niche it down deep and really focus on a specific audience. Focus on those needs where the big guys may not necessarily have a presence. There is a lot of opportunity for you when you go that route because if you go the traditional retail route, Amazon is going to crush your little retail operation. You are not going to compete with billions of dollars of research and the years of development needed to achieve success in this space unless you niche down.
For example, I know a lot of YouTubers that make a lot of really good money doing this because they specifically target certain product lines, certain niches that they know the inner workings of and they know the needs of those users and they’re not competing with the big guys.
This has the advantage of transitioning your skills from active income to passive income. By dipping your toes in the niche retail space you will learn:
- the skills of that particular niche and the industry lingo surrounding it
- the problems and the solutions of your target audience
- how to set up hosting and a WordPress website
- how to set up a Shopify website
- where to find niche products
- setting up a shopping cart
- setting up a merchant account
- dealing with inventory and customers
- and more
Long-Term Niche Problem Solving (Branding)
All this will transition into my number 3 which is the most advanced long-term way which I suggest you guys have in the back of your mind as your end game. That is branding yourself as an authority in a specific niche. In this case, you will have to have your own product that you create or your own service agency team. This option gives you the most control and flexibility and it really doesn’t require you to have a ton of traffic in order to make good money. You can make money with a couple of thousand followers and this can really put you in a position so you can have real financial freedom. Building that passive income and really put you in a position to win.
It’s just that simple. You may be thinking affiliate marketing requires more traffic and you are right but by creating your own product or service your profit is higher, especially with digital products. You can do both at first and as an authority you should but in the end game of creating your own product or service, you control the supply line, you can control the pricing, you can control the competition, you can put yourself in a position to be an exclusive distributor and you can charge more money. When you are in control of that product the more profit you’re going to make.
Obviously, with digital products the margins are great, you just have to market the product by putting it in front of your audience. Once you have established that audience and those first sales start coming in, the marketing costs are minimal. This is the advantage of having an exclusive quality branded product.
I go over this more in my 7 Step Digital Marketing guide below. I cover what niches you might be interested in relative to what already have knowledge in. Start there with your branding and get some wins and put some money in your pocket. Start flexing those investment muscles and start saving so over time you’re going to start building it to the point where it becomes second nature like a kid riding the bicycle. You start making a dollar, then scale it to $10, then $100, then $1,000 and you can get to the point where you’re making $1,000 a day with something that you’re interested in. You can become an influencer in that space and people will love and trust you. You will build a big audience. You will have digital assets. You have that passive income and you can get all these things working for you while you sleep. I am here to help put you guys in this position to do just that.
If you like this article or if you have any questions on how to make money as a beginner or any questions about how to get unstuck where are you struggling, go ahead and comment below. To start you guys off on the right foot sign up for my 7 Step Digital Marketing guide below. That will get you on the right path to start making money online. Go ahead and pick that up now, it’s free and the link is below.
Take the first step and become part of my community, post your questions and your feedback. This has the added benefit of putting you in front of like-minded people who walk the walk and talk the talk and can really give you the advice to actually get started. So take action and let’s put you in the position to win. I’ll see you guys in the next article.