Category : Online Business

Online Business Topics to Review

7 Ways to Make Money

Making money online is easy, right? Let’s dissect an article that talks about 7 possible options for making money. This is from Entrepreneur.com. Sounds like a good legit resource right? I’m not saying they aren’t a reputable website/company but let’s take a serious look at what they are showing as options to make money.

Here is the article in question: 

https://www.entrepreneur.com/article/299728

I want to start with the title of the article.
“7 Realistic Ways to Make Money Online”

I guess it really comes down to how much money you are looking to make. Realistic is relative. Are you looking to make a few cents here and there as a kickback from spending money? Are you looking to make a few bucks for spending cash or are you looking to make a serious income? I think these questions have to be answered first. You must decide what your ultimate goal is. I would say we have a possibility of three main areas of goals.

Are you looking for a few pennies as a kickback from the shopping you do or are you looking for some serious income?

One of the best quotes from the article is this one:

“If you’re at all serious about generating a full-time income and possibly more from your online activities, then you need to focus on passive income as opposed to active income. Sure, the active income will help you survive. That’s the scarcity mentality at play. But it’s the passive income ideas that will help you thrive.”

Another quote they state that is excellent advice is:

 “…you need to adjust your mindset to help empower rather than discourage you.”

So with that start, let’s look at what they presented.

Options to make money include:

  1. Freelance for app companies like Lyft
    -Use apps like Ebates to get a small kickback
  2. Use existing platforms to sell digital or physical goods
  3. Sell your own stuff on Ebay, Etsy…
  4. Affiliate marketing
  5. Start your own blog
  6. Create an email list and market to your list
  7. Webinar trainings

OK, so that’s quite a list and covers a lot of different options. I’ll go over these and break each down a bit in future posts.

I have to say, I’m actually a bit surprised that there was no actual mention of Ebay in the article. One might say it’s the audience they are presenting to but then again, they list ideas like Swagbucks and Ebates which offer very little and only when you spend much more.

They also mention Etsy which is similar to Ebay in some ways but has a far smaller market share and is only for vintage or handmade items. 

Quite frankly I think there is little meat in much of this but again, that depends on what you are looking for. So start there. What are you looking for?

Do you want to create income that will eventually keep coming?
Do you want to work for someone else and just have a job?
Do you want to make a few dollars each month from the shopping you already do?
Do you desire to start your own business of some kind?

Comment below or email me so I can share more insights about options that you might like.

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