- What's going on you guys?
I hope you're having a great day.
So in this video here we're gonna be talking about
making money online.
I have 12 different ideas or methods
I want to share with you as far as ways that you can make
easily $1,000 a month from your home on your laptop,
anywhere you want to be in the world.
So I want to start out this video kind of talking about
my experience with this and making money online
and kind of give you guys an idea of what I'm making
and how long it took to get there.
But if you guys have already heard this whole story before,
I'm going to include a timestamp down below
where you can skip ahead and get right to the ideas
as far as how to make money online.
But I started this journey back in October of 2016.
That's when I actually started my YouTube channel
because I was working the nine-to-five job
and I realized that it kind of sucked
because I had to go somewhere to make money.
I was making active income
and as soon as I punched out at the end of the day
that is when I stopped making money
and I had all kinds of things I wanted to do with my life.
I wanted to travel, I wanted to spend
more time with my family, I wanted to see different places
and I could not do that with the current job that I had.
Not to mention I also had one week of vacation each year
and so that is not a lot to have you know five
and think I had five or seven days off each year
starting out for the first five years
and so that was just not enough time
for me to do what I wanted to do.
So that was my reason for exploring the idea
of making money online and also making money
in a passive way in getting out of that idea
of making active income or working for every dollar
that I earned.
Now let's go ahead and set some ground rules here though
with making money online.
I know that when I started exploring these ideas myself,
It sounds too good to be true.
There's a lot of people out there that are saying
oh I'm gonna show you how to make money online,
just give me your credit card and $1000
and I'll give you all the secrets.
And so if somebody is charging you $1000
to show you how to make money, yes that's something
you might want to be naturally skeptical of
but if you're looking at stuff out there
and you're seeing how other people have done it,
you need to have an open mind towards it
because I've done a lot of videos like this on my channel
before talking about passive income
while making money online and I get a lot of comments
from people saying that it's a scam,
it's impossible to make money online,
saying that I'm lying about
how much money I'm making and if you have that attitude
towards the idea of making money online,
this is honestly not going to be the video for you
because you're looking for the secret
or some easy way to do it
or you just don't believe it's possible
and if you go in with that mindset
you will not be successful with making money online,
so don't even bother.
I'm just gonna be honest with you guys.
But if you're willing to put in the work,
if you're willing to have an open mind towards it,
you can absolutely make money online.
So I'm now making over $10,000 a month online
from my apartment here.
I can also go anywhere in the world and work from my laptop.
That was the number one goal for me
when I was setting up my business.
Is I wanted to be location independent.
That way I wasn't tied to any specific location
so if I wanted to I could work from an Air B&B
in Washington DC which is what I did a week ago
or I can work from my apartment
or I could work from some other country if I wanted to.
That was the number one goal for me
is that I wanted to be independent of any central location
and number two also be able to make money in a passive way.
That way I don't have to actively work for my money.
So now that we've established some ground rules
and what your expectations should be for making money online
let's go ahead and get into the ideas
of how to make money online and what I'm gonna do
is first of all start off with the first three
which is how I'm making money online and first of all,
we have YouTube.
That is the majority of the money I make
is from my youtube channel.
Now is this an easy way to make money online?
Absolutely not.
In fact I would say it is one of the most difficult ways
to make money online because you have to build
an audience for yourself
and then you have to meet the requirements
for advertisements before you can have
ads run on your videos and actually make some money.
But I think this is one of the most worthwhile ways
of making money and even though
it has a huge upfront investment of your time,
it is worth it if you are somebody
who enjoys being on the camera, who enjoys learning a lot
and sharing your thoughts and ideas with others
and you're somebody who has thick skin
because you are going to get a lot of nasty comments
and I can almost guarantee
if you scroll through the comments of this video
or check back in a week or two
you're going to see really nasty comments.
So you have to have very thick skin.
You can't let people get you down
but if you are able to get past those things
and you're able to put a massive amount of work
then you can make a ton of money on YouTube
especially if you have an educational channel like I do.
So there's a number of different ways
that you can make money with a YouTube channel.
First of all you can rely on advertisements
which YouTube will take care of for you
once you meet that threshold but you can also add
affiliate links to your videos which is going to be
method number two.
You can also have a sponsor
so you can be sponsored by somebody
or maybe you're going to review an app
and they're gonna pay you money.
Now I get offers like that pretty much on a daily basis.
I say no to 99% of them but if you were looking to have
sponsored offers and people to sponsor your video
for a payment, I've had people offer me
anywhere from 500 to $2,000 just for one video
doing a review of some app or some product
or oftentimes it's some kind of obscure cryptocurrency.
So for obvious reasons I do not say yes
to very many of those.
I've only said yes to one or two in the past
but you do have those offers available to you as a YouTuber
and there are multiple different ways
to make money with a YouTube channel.
So the second way that I make money
is through Amazon affiliate links.
Now I actually just did a full 18 minute video
talking about Amazon affiliate links.
So I'm not going to go into this at length.
I'm going to include that video
down in the description below though.
If you're looking to learn more about making money
with the Amazon Associates program,
check out that video, we'll go into a lot more detail there.
But essentially what I do is I recommend books and products
and I link up to those books and products
down in the description of my videos
and I make a commission when somebody goes over to Amazon
and makes a purchase.
So that's another way that you can easily make money online
but again you do need to have some kind of audience
or traffic source in order to get clicks
on your affiliate links.
Now the third way that I make money online
is by having an online course and a membership site.
So I have my stock radar membership that's $19 a month
and I have my stock market investing course
that I sell for 497.
I've been selling the stock market investing course
for about a year now and my membership sites
have been available since February and that is where
a good chunk of my revenue comes from online as well.
Now if you are interested in learning about
creating an online course, I've had so many people
ask me how to do this.
I actually put together a completely free course on this
called Course Creation Companion.
That's gonna be down in the description below as well
if you guys want to learn more about
creating an online course,
making money with an online course
or having a membership site but that is also
a fantastic way to make money online.
But again it does require you to have an audience
or to be able to run paid advertisements
and generate a positive ROI from paid advertisements
which is not the easiest thing to do in the world
but if you have the money to do the testing
and you're able to be good on camera
and you're able to run good ads,
then you can be successful with that just by running ads
and having some kind of online course or membership site.
Number four, the fourth way to make money online
is one of the best ways in my opinion.
You could start it right now and that is creating content
for Instagram accounts.
Instagram is huge right now.
I don't think anybody has any idea
how big Instagram is going to be and a lot of people
are investing massive amounts of time
and money into that platform, myself included
and I have a number of people out there that I pay money to
to produce content for my Instagram account.
There are so many great Instagram accounts out there
and so many people looking to have content to post.
You can make a serious amount of money
just by producing content
for other Instagram accounts out there.
Now how should you go about this?
I'm going to tell you guys exactly how to do it
because one of the people who does it for me,
this is how they approached me.
They sent me a message on Instagram.
They said, "Hey, I would love to produce some content
"for your Instagram page.
"Can I send you three free photos and if you like them,
"then you can pay me to do some more."
So at that point I said absolutely,
because he was gonna do it for free.
He sent me the photos, I liked what I saw
and then I paid him for 100 photos for my Instagram.
These are like motivational style photos,
pictures with captions and then my Instagram name on there.
So that is exactly what I would do.
I would reach out to larger accounts
and I would offer to produce content for their Instagram
and then they will pay you
based on the quality of those photos
and based on how many you deliver
but that is a very easy way to make money online.
You just need to have some minimal skills with Photoshop
or some other photo editing app or application or program.
Now another way to make money with Instagram
is by managing an Instagram account for somebody else.
So that's idea number five.
People will pay you a massive amount of money
if you know what you're doing.
So if you just approach someone
and you have no prior experience
managing an Instagram account,
they're not going to be opening up their wallets.
However, if you want to do it for free for somebody
and say hey I'd like to manage your account for two months.
I'm gonna do it for free and if you like the results,
then you can pay me to manage it for you.
That's an easy way to establish credibility for yourself.
So if you spend time learning about
how to grow people's Instagram pages,
how to produce content for them,
when should you be posting on Instagram
and you're able to help people grow their Instagram pages
and maintain that for them,
they will pay you a massive amount of money.
I've looked into this myself and a lot of the people
I reached out to that were very reputable in this space,
charge $1,000 per week to manage your Instagram account.
So you could potentially make $4,000 per month per client
that you had if you're really good at this
and you're managing Instagram accounts for somebody else.
So do the math on that.
If you have three clients you'll be making
over $100,000 a year by managing these Instagram accounts
for large influencers or possibly celebrities.
So that right there is another huge opportunity
to make money online.
All you have to do is educate yourself
on building and growing on Instagram
and then establish credibility and then use that
to get new clients and leverage that going forward.
Idea number six again is also related to Instagram
and that is to build out your own Instagram page
and then have people do paid promotions on your page
in the story section of Instagram.
Now this is going to be time-consuming.
It could take you a long time
to build up an Instagram page
but once you've built up a massive Instagram page,
people will pay you to do promotions
either on posting on your page and linking in the bio
or by doing swipe up links in your story
and you can typically make anywhere from $20 to $50
per 24 hour posts, based on the size of your following
and what niche you are in.
So if you're able to build up an Instagram page
to maybe 20,000 to a 100,000 followers,
you could start to have paid promotions on that page
and make money in a very easy way
just by advertising products and services for other people
and all you're going to do is say,
business inquiries DM me or email me for business inquiries
and you're gonna have people reaching out to you,
looking to advertise on your Instagram.
Okay so idea number seven for making money online
is something I have honestly not done myself
but there's a website out there I found called user testing
and that is where you get paid to test out websites,
webpages and apps for large companies.
Now just for the full disclaimer here,
I have never used this before
but they do work with some very reputable names
like Apple and Microsoft.
So these companies are looking to get feedback from users
on their webpages or their apps or their software
and they're going to pay you
in order to give feedback on that.
So based on what I could learn from the website
you are going to be testing these apps or websites out
and you're going to be paid $10 per test via PayPal
and you're going to be getting new jobs
or new things to give feedback on,
based on the quality of the feedback you are giving
but this could be an interesting way to make money
is by testing out websites, testing out apps
and making $10 on PayPal in the process
for doing that.
But again like I said this is not something I've done myself
so definitely do your due diligence
before you invest a massive amount of time
into using user testing for an income source.
Idea number eight is going to be to build
an email list out there and then
you're going to monetize that email list.
Now I'll be honest this is not the most honest way
to make money in my opinion because essentially,
what you're going to be doing is building an email list
by offering some kind of free resource or free guide
and then you're going to be promoting stuff
other people made through affiliate links
and the primary way people do this
is by using Clickbank.
So the process is really quite simple.
You're going to put together a free video series
or a free guide or free training program
and then you're going to run ads on Facebook for example
or on YouTube maybe through Google
and what you're going to do is say free training.
People are going to click on that ad,
they're gonna have to surrender their email
in order to access that training.
And if you do this make sure you do have compliance
with the new GDPR rules but again,
this is not any concrete idea.
I'm telling you guys exactly how to do it.
Everything here you're gonna have to explore and learn
about, above and beyond what's covered in this video.
But once people give you their email,
you collect that on the email list
and then you go over to a site like Clickbank
and you find some kind of course or product or program
related to that area of expertise
and then you're going to be sending out emails,
maybe recommending a certain course or product.
The one thing I will say is make sure
you actually go through that course yourself or program
before you recommend it to someone else.
That way you know it is good quality
and you're not recommending something
that's not going to be very helpful.
But a lot of people make money in this way
through affiliate marketing and recommending courses
or products that other people have produced
and they simply build an email list
and then they offer a course that someone else produced
using a site like Clickbank and then in return,
they're going to make a commission on that sale.
The ninth way to make money online
is great for college students or even high school students
and that is to be flipping cellphones on eBay.
So what people do is very simple.
They go on sites like Craigslist
or they go on the Facebook marketplace
or they go on different listings for things for sale.
There's all kinds of sites out there
where people post things for sale and what they're doing
is they're buying electronics, they're buying cellphones
they're buying tablets at a cheaper price
than what they could sell for on eBay
and then what they're gonna do is buy them
and then they're gonna sell them on eBay
and they're gonna make money on the markup.
Now are you going to be able to make a ton of money here?
I would imagine you might be happy to have
a 10 to 20 percent margin on that
but depends on the deals that you can find.
If you find people selling iPads or phones,
particularly broken ones that you can fix,
then yes you can make a good amount of money doing this
but this is very simple.
You buy something at a lower price
and you sell it for a higher price online
and there are so many different ways you can do this.
You could also go to clothing stores
particularly discount stores like Marshalls or TJ Maxx
and look for designer shoes or designer handbags,
buy them and sell them for a higher price on eBay.
Now idea number 10 is very simple.
You're gonna buy broken phones, learn how to fix the screens
or the buttons or whatever is broken
and then you're gonna sell them on eBay.
Now you could actually buy the broken phones
in bulk on eBay, buy screens in bulk
from different online websites,
learn how to fix those screens and then resell them
right on that platform.
That's another way that people are making money online
is by fixing cell phones and then selling them back on eBay.
Number 11, this is something that I explored a while ago.
I was never successful with it
but that is to be buying domains with commercial value
and then hopefully reselling them down the road.
So as I'm sure you guys know it's very cheap
to buy domain names on sites like GoDaddy
or even Google domains and you can usually get domains
for around $10 per year depending on the name.
So what people do is they buy a domain
that likely has commercial value and down the road
they're hoping that somebody is going to pay them
to buy that domain from them
and there are all kinds of sites out there
where you can list domains for sale.
I would imagine this has gotten very competitive
and there's not a lot out there
that people are still interested that's available
but if you do your research, you might be able to find
some domains out there with commercial value
that you can hold on to and maybe
a couple months down the road
or even a year or two down the road,
people might be interested in buying that domain from you
and then you can resell that and make a profit.
But again this is something I tried in the past.
I wasn't successful with it but I'll be honest,
I didn't put a ton of research into it.
This was about three or four years ago.
I bought like 10 domains and I spent about an hour
doing research and then I tried to sell them
and nobody was interested but if you do a lot more research
and you know what you're doing, I would imagine
you could make some money reselling domains
with commercial value and then finally number 12
is to become a virtual assistant
and I'm also going to lump in with this,
offering gigs on Fiverr.
You can make a lot of money by offering gigs
on sites like Fiverr or being a virtual assistant
and helping people with administrative back-end tasks.
I know a lot of people who have online businesses like me
are going to be giving some of those administrative tasks
out to their virtual assistants
in order to free up more of their time
so they can focus on the higher level,
entrepreneurial related stuff
when they don't really want to be bothered with the emails
and all that clerical or administrative work.
But if you're interested in doing that kind of thing,
you can make a good amount of money
being a virtual assistant for somebody and again
the way I would do this
is just by approaching people online with online businesses
or approaching other YouTubers and saying,
hey I would like to be your virtual assistant.
Would you be interested in letting me work for you for free
and if you would like what I'm doing,
you can bring me on as a full-time or part-time employee
or however they want to structure that.
And just as a quick disclaimer,
I'm not interested in having a virtual assistant right now
so please do not send me emails
but if there is a point in time when I am,
I will let you guys know
and I'll put that offer out to you guys.
Anyways guys that's gonna wrap up this video
that is 12 different ways to make money online.
I think you could easily make $1000 a month or more
with each of these ideas but again, just keep in mind
it's going to take a lot of work.
You're gonna have to be patient
and it's not gonna happen overnight.
If you're looking to make $1000 a month starting tomorrow,
I can't tell you a certain way to do that
because I don't think it's possible.
But if you're patient and you're willing to put in
a lot of work, then yes you can definitely do it.
You just have to have an open mindset towards it
and believe that it is actually possible.
If you have an open mindset towards it
and you work hard every day and achieving it,
you will get there and you'll be able to do
something like I have done or even go well above and beyond
what I've done here because to be honest with you guys,
once you understand how much money you can make
in a passive way or how much money you can make online,
the potential is absolutely endless.
And so yes I'm making over $10,000 a month online
but I'm hoping to be making $100,000 a month
in the near future just by building and expanding
and finding different ways to make money
because once you see one opportunity,
you can see them all.
But anyways guys thank you so much for watching this video.
If you enjoyed it please drop a like
and if you're new to my channel
and you like hearing about passive income
and ways of making money online,
go ahead and hit that subscribe button
and also hit that bell for notifications.
But I hope you have a great rest of your day
and I will see you in the next video.
If you are interested in learning more
about investing in the stock market,
I've created a free course just for you.
The link is in the description below.
Here are a few other videos you might enjoy as well.
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