I’m nervous that this could be a slippery slope that ends with me buying an expensive suit and then renting a shiny red sports car to take videos in front of!
But it’s a risk I’m willing to take.
Because I see a lot of people out there publishing posts, videos and courses on how “easy” it is to make money online.
A lot of it is garbage that’s only making the publishers money. They should really be telling you how they really make money online (which is ‘selling info to people about how to make money online’).
There are a lot of ways to make money online. But 90% of them fall into one of two categories: freelancing and advertising.
2 Ways to Make Money Online
1) Freelancing: this is where you provide a service to someone in exchange for payment. Examples include: content writing, copywriting, web design, proofreading, and video editing.
2) Advertising: this is where you attract a lot of eyeballs (fans, subscribers, followers) so you can sell ads to them. Examples include: AdSense, becoming a social media celebrity, vLogging, and blogging to sell ads.
As someone who has made a living working online for the past six years I can tell you that freelancing is a much faster way to do it.
For example, let’s say you want to make money blogging.
You could either focus on developing your writing skills to the point where other businesses pay you to write blog posts for them.
Or you could try to blog for yourself with the goal of amassing a huge following so you could sell ads on your blogs.
Most “make money blogging” courses focus on the latter. But it’s way harder. Especially if you’re new to the online marketing world.
Same things goes for video. Right now there’s a huge demand for talented video editors from business owners who need to get their videos edited.
But instead of becoming a freelance video editor, most people want to become a YouTube sensation and host a popular vlog!
I know you can make a living vlogging. But do you know how long it takes to get a million subscribers? That could take you years of vlogging.
And even then your entire business model could be disrupted the instant YouTube decides to change their terms… because guess what? YouTube owns YouTube. You don’t!
Or you could spend those same years developing your editing skills and getting paid to do it at the same time.
Anyway, I think you get my point. The fastest, and most reliable way, to make money online is to freelance.
But there’s only one catch, it looks like a lot of work because, well it is!
Ok, now where can I guy rent a Ferrari around here? I feel inspired to vlog about this! 🙂