abdullah video m7(23) Top 10 best ways to make money online
Hi everyone and welcome to this youtube channel.
In this video, we are going to talk about Top 10 best ways to make money online
When I read about making money on most sites it always seems to be a little cheesy or some type of link hacking system that is to good to be true.
There are, however, some great individuals who do it right. In the video below I’ll mention who some of them are and give you my top 10 ways to make money online in an authentic, inspiring, educating and entertaining way.
A way that leaves you full not by the amount of money in your bank account (because it can be A LOT if you do it right) but by the emails you receive by customers on how you changed their life, or when you meet an online client in person with tears rolling down their face expressing how their dreams have been achieved because of YOU!
It’s a powerful feeling, and I want you to experience that.
But it takes knowing how to do it the right way that both serves your vision and supports others.
1. Teaching and Training
This is my number one way, and I been doing this for the last 5 years. This is something that almost every major University has been doing (taking their classes online) due to the huge success they saw from University of Phoenix which set the tone for online education. It’s easier now more than ever for companies and entrepreneurs to launch online schools, and my good friend Marie Forleo is a prime example with her mega success, B-School.
Last year, many worldwide trends experienced decades’ worth of acceleration. One such trend was the rise of ecommerce. There are a number of ways to run an ecommerce business, some of which allow for minimal need to carry and hold lots of inventory.
Consider dropshipping—a business model where you don’t keep the products you sell in stock. Instead, when a customer buys something from your store, a third party fulfills and ships the order for you. Because startup costs are low, it’s an increasingly popular way to make money online for beginners and pros alike.
2. Offering a Service
Providing a service may be the easiest way to start is you don’t need any investment to get this going. My podcast editor Ian Robinson is helping podcast creators edit their shows to increase production value. There are many different ways to provide a service and it’s just about realizing where your talent lies and what solution you can provide for others.Print on demand allows sellers to customize white label products with their own designs and sell them only after a customer buys, eliminating the need to hold inventory (which is what makes it a subset of dropshipping). When a customer places an order, a print-on-demand company will add your design to the product, fulfill the order, and ship it to the customer.
3. Creating and Selling Products
If you have an expertise in ANYTHING then you can package it into a book, course, software, audio program, DVD, and so on. The best way to get the word out and sell these products is with webinars.While the options above come bundled with the convenience of not holding on to expensive inventory, they also come with some limitations—mainly that you don’t have full control over the product you’re selling.
And when you think of most direct-to-consumer brands, this is what comes to mind: original products that make meaningful improvements or add interesting details to well-known items. Personally, I’ve purchased many messenger bags, but I’d never seen anything like the one made by Vermilyea Pelle until it reached my doorstep.
Making products by hand is popular among jewelry brands, fashion brands, and home décor brands. It gives you full control over the product development and quality of your items.
4. Membership Sites and Continuity Programs
Another champion that I have a lot of respect for in this arena is Ramit Sethi. He has an amazing continuity program (Ramit’s Brain Trust) and each month provides useful and specific information for his passionate community. The community thrives off of his wise direction and pay him monthly to continue getting access to the community and resources. The beauty of this model is you sell something once and get paid each month for it.
Every online marketplace, from Etsy to Amazon, offers a shared set of advantages and disadvantages. The upside is that you get access to their network of shoppers—people regularly browse these sites when they need to buy something, so setting up shop lets you meet them there.
5. Affiliate Marketing
Nick Reese has done an incredible job of building websites, developing outstanding searchable content and selling other peoples products on his sites. He gets a commission on every sale or lead he sends to the company. So he never had to create his own product in order to build his business (he has since branched out into other areas that you can check out on his new site). Pat Flynn also does an amazing job at this and he actually shows how much he generates on a monthly basis from his affiliates here.
Amazon has become a marketplace that welcomes ecommerce entrepreneurs. It takes a few minutes to sign up for an account and a few more minutes to get a product listing live.
6. Building a Site and Selling Ads
Derek Halpern is a BEAST at this. The legend behind SocialTriggers started a celebrity gossip site years ago and had millions of visitors every month that he leveraged to sell advertising on the site. Another example is Tina Su of ThinkSimpleNow.com who does an amazing job with this while sharing inspiring personal development content.Digital products carry some of the best margins of any product you can sell. The upfront costs of development can be high, but the variable costs of selling digital products is comparatively low. Once media or software is made, it isn’t very expensive to deliver to customers.
Media is a wide-ranging term, but the best description available if you’re a creator in the market to sell music, videos, digital art, paid newsletters, magazines, or podcasts. Media seems closely related to digital products, but the difference with media is that it tends to be geared toward creative ventures—for example, a writer starting a paid newsletter subscription or an artist learning how to sell art online.
7. Selling Sponsorships for Branded Content
John Lee Dumas, generates over $50K monthly selling sponsorships on his podcast and writes about how he does this here. This can be done via podcast, developing a niched website or even a video show. Create branded content around your passion and find sponsors that will be attracted to your audience.You’ve probably read a business blog at some point in your life. Businesses use blogging to share knowledge and insights, build an audience, and get more leads and sales. Blogging has endless benefits, such as building thought leadership in an industry and improving search engine visibility for a brand.
8. Events
Creating and promoting events, either online or offline can be very profitable as well. Michael Stelzner does both online summits and in person events with thousands of attendees, all while starting out from a simple blog a few years ago.
9. Masterminds and Coaching
An inspiring change maker part of the Integrity Podcast Network is Jonathan Fields. He runs the Good Life Project and has ongoing coaching and retreats in exotic locations all year long that sells for a high ticket price. This can be done either online or offline, as Jonathan has mastered the art of doing both.
10. Getting Creative
Jason Sadler (now known as Jason SurfrApp) is one creative entrepreneur. He used his online platform to make money wearing companies shirts with Iwearyourshirt.com. Now he sells his last name for nearly $50,000 a year, sells sponsors pages in his new book, and continues to push the envelop with what you can earn by being creative.
Theses are just my top ten ways of making money online. I’d love to hear what steps listed above you’ve done that work for you in making money online. Please share (and be specific) in the comments section below, and feel free to add another point that works well for you if you if I missed one.If you are an entrepreneur looking to drastically increase your sales, simplify your business, and create more time to do the things you love, then The School of Greatness Academy may be for you.
It’s the most passionate group of successful action takers who are getting big results in their business. If you are looking to join a mastermind, receive the accountability you’ve been looking for and have access to the top business growth resources in the world,
And share your experience in the comments section below. Subscribe our channel for more related videos. Press the bell icon for all the latest videos. Thanks for watching.
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