But all the good make money ideas in the world don’t add up to cash in your pocket if I don't tell you how to start a business.
You can use my detailed guide to start an online business, but if you are ready to get started fast, these 10 tips are what you need.
1. Set Up a Website
Setting up a website and a blog to drive traffic to your opportunity is an integral part of making money online.
2. Create Multiple Streams of Income
The more ways to make money online, aka income streams, you have, the more money you will make.
If you need some ideas about what multiple streams of income to create, check out these blog posts:
3. Do Something You Like
Making money online takes work and dedication - and nothing is worth doing something you hate. Choose an opportunity that resonates with you and you will be motivated to work hard to meet your goals.
4. Consider Your Life When Choosing an Opportunity
Every opportunity is different. If you have small children at home with you all day, choosing a money-making opportunity that doesn’t involve talking on the phone to clients is probably a good plan.
Likewise, if you enjoy getting out of the house, choose an opportunity that allows for that.
The reason that you want to make money online is to have freedom - so don’t make money in a way that makes you feel trapped.
5. Be Willing to Learn
Making enough money to support your family and your dreams is more than just setting up the right business.
You have to also know how to tell people about that business consistently.
Take the time to learn about ways to drive traffic to your website, what SEO means and how social media marketing can help build your business.
These things and willingness to learn are important parts of owning your own online business.
6. Use Social Media
Social media is a great tool for your business. You can use it to promote what you are doing, but you can also use social media to find other business owners to network with.
When you have a strong network of successful business owners that you follow and interact with, you will find that you are much more successful.
7. Start an Email List Even if You Don’t Think You Will Need One
The one thing I wish I had done sooner was to start an email list with GetResponse.
Because all those leads would have been an amazing starting point for my business - and my online moneymaking skill.
Online marketers say that you can expect to make about $1 per month per email subscriber if you are decent at email marketing.
That means that the size of your list can be directly tied to the level of your success and the amount of money you make.
8. Make a Goal to Create Your Own Stuff
Affiliate marketing and advertising are great and all, but the real money is when you start creating your own passive income products.
These can be anything that makes sense for your audience - ebooks, courses, printables, merchandise.
As long as you are the creator, you control the content and you can also control your income.
9. Think Passive Not Active
Active income means you have to do something to make money - like write an article for a client.
Passive income means that the only thing you have to do is drive traffic to offers. And your offers make money themselves. While there is no true passive income, making your online business as automated as possible will make your life so much easier.
Passive income is the kind that lets you earn while you sleep, while you vacation or catch up on laundry.
It’s way better. Trust me.
10. Charge What You Are Worth
So many people who are starting out assume that because they are just starting they should charge pennies.
You may not have experience as a freelancer, but you have provided the service to yourself or others that you are trying to sell.
Give yourself some credit when it comes to how much you charge or what price you accept for the things you create.
Be fair to your customer and to yourself.