7 Proven Ways To Make Money Online

Do you want to make money online, but don't know where to start?

If so, you've come to the right place! In this blog, I am going to share 7 proven ways to make money online.

The COVID-19 pandemic has forever changed the business landscape.

According to new data from IBM’s U.S. Retail Index, the pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years.

It's fair to say that eCommerce has become the new norm, meaning that there are endless opportunities to make money from the comfort of your home.

If you're ready to stop talking about building an online business and start creating wealth that will last you lifetimes, read this!

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Do you want to start making money online, but don't know which business model is best for you? CLICK HERE to take my FREE 60-second online business quiz!

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This is my ultimate guide on how to make money online.

Quitting my 9 to 5 job when I was in my early 20s and deciding to build an online business was the BEST decision I've ever made. I've been an entrepreneur for over 15 years now and I've been helping people build online businesses for 10 years.

I have built a multi-million dollar online business doing what I love and I want to share with you exactly what I did to achieve the success that I have today.

Whether you want to earn a side income or build a business that gives you financial freedom, the 7 business models that I'm going to share with you will help you achieve your desired lifestyle. I have personally made money with all of 7 of these business models.

Let me be clear that these are not the only ways to make money online. There are countless options that you can pursue. These are the best and most proven.

As I explain each business model, I encourage you to make note of which one stands out to you. One business model may be more suitable for you, based on your skills, experience, or the amount of money that you currently have.

That being said, you can be successful with ANY of the 7 business models that I talk about. However, it will come down to your capacity to implement, execute and take massive action. Nothing will work unless YOU do the work. On that note, let's dive in!

1. Freelancing 

Since the onset of the pandemic, a lot of companies have transitioned their businesses online. They are looking to hire people from all over the world. Being a freelancer is when you operate as an independent contractor and provide a service for other companies online.

Freelance services may include things like graphic design, copywriting, data entry, or customer support. The most popular freelance websites are Upwork and Fiverr. If you explore these websites you will get an idea of what kinds of services you can offer, based on your experience and skillsets.

Freelancing is a great option for a lot of people. Yes, you're still trading your time for money. However, this mode of working allows you to change your lifestyle. You no longer have to go to a 9 to 5 job. Rather, you can work from home, or anywhere in the world for that matter.

2. Becoming An Influencer 

An influencer is someone who has a strong following of people online, whether that's on YouTube, Instagram, or Facebook. The key to being a great influencer is choosing one platform that you want to attract people through.

On this platform, you want to create a lot of high-quality content. I love to speak, teach and coach. This is why YouTube has been the most effective platform for me. I take my YouTube videos and turn them into podcasts which I publish on Apple, Spotify, and Google Play.

Being an influencer is a skill. It might not resonate with you. Some people have the personality for it, while others do not. If you like the idea of being in the spotlight, you'll love it. If you can attract a sizable following, there's a lot of opportunities to make money as an influencer.

Companies will pay influencers to promote their products through sponsored content. Influencer marketing uses endorsements and product mentions from individuals (aka, influencers) who have a dedicated social following and are viewed as experts within their niches.

As an influencer, you can be selective about which companies you want to promote. Some platforms already have built-in advertising systems. For example, YouTube has advertisements on every video.

If you have content on YouTube, you can make money from other advertisers who are bidding for placement on your videos. Every time those ads get displayed, you make money.

The three platforms that I would recommend (in order of power) would be YouTube, podcasts, and blogging.

If you have a sizable following or you get a lot of traffic on your blog, you can take advantage of advertising opportunities with Google Adsense or individual sponsorships with companies.

Instagram, Facebook, and TikTok are also effective social platforms. However, because you can only create shorter form pieces of content on these platforms, it's tougher to make as much money.

3. Affiliate Marketing 

This is the process where you promote someone else's product. You get paid a commission every time someone clicks on your affiliate link and buys a product. Many companies have free affiliate programs. This is one of the best ways for companies to market their products.

For example, if you become an influencer and you have a large following of people, affiliate marketing can allow you to monetize. You can find great quality products that you believe in and share those products with your audience, using an affiliate link, in a blog post or a YouTube video.

Affiliate marketing is one of my favorite ways to make money online because you don't have to create a product. Also, it's inexpensive to get started. Your only responsibility is to promote someone else's product to the existing traffic, audience, or following that you have.

If you want to learn more about affiliate marketing, I host a FREE masterclass where I talk about how you can create a consistent stream of passive income with affiliate marketing.

4. Book Publishing

As a book publisher, you can sell and publish books on Amazon. As many of you know, Amazon is the largest online book retailer. They have a platform called Kindle Direct Publishing which allows anyone to publish any book that they want on Amazon.

You can publish a book as a Kindle book, a paperback, or an audiobook. All three ways of selling a book online can allow you to make passive income. 

With book publishing, there are two ways to create a book. One way is by writing your book. The second way is by hiring a ghostwriter to write your book for you. You can publish a book under a company name or as a pen name. Nobody has to know who you are. Alternatively, you can use your name.

The great thing about book publishing is that it doesn't cost a lot of money to start. If you decide to write your book yourself, all you need to spend money on is a book cover. I would suggest spending some money on marketing and promoting your book. 

Before you start writing your book, you need to identify a niche, topic, or genre that you want to write a book on. Also, you'll have to do some research to ensure that there is enough demand for the niche that you choose.

There are many different ways that you can do book publishing online. However, Amazon is the best way because of the opportunities that they provide. Amazon is the go-to place to buy books.

They have created trust with millions of customers around the world. On top of that, they handle a lot of the heavy lifting for you. If you know how their search engine works and how to rank your book for different keywords, you can get traffic and sales to your book. Amazon also has an advertising feature that allows you to advertise your book on their platform.

The one challenge with selling books is that you're selling a low-ticket product. Books sell for $10-20. You need a lot of book sales to make a lot of money.

If you want to grow a 6-7 figure income, selling books isn't the best way to go. However, the way that you can grow and scale your book publishing business is if you combine some of the different models that I talk about above.

For example, if you're a blogger, you can promote your book on your blog. At the same time, you could also do affiliate marketing. Strive to make multiple streams of income.

If you want to learn more about Amazon book publishing, I created a FREE video training that walks you through how you can create a $10,000/month in passive income with book publishing.

5. Amazon FBA

Amazon FBA is the process of selling physical products on Amazon. As I mentioned above, Amazon is the biggest online retailer in the world. It's where people go to buy stuff online. They are called “the everything store” for a reason.

You can be a third-party seller on Amazon. This means that you can sell any product that you want if you sign up for an Amazon Seller Central account. The best way to sell products on Amazon is through a process called private labeling.

This means that you'll find products that are already selling on Amazon and source that product from a supplier. Once you've done that, you will ship the number of units that you order to Amazon's fulfillment center. Once you've set up your Amazon listing, you can start selling your product online and make money from it.

Amazon has hundreds of millions of customers that you can tap into, which is why this is the best platform to start selling on. Eventually, you can move over to Shopify and have your own store.

Keep in mind that it will cost you a couple thousand dollars to get started selling on Amazon. Also, it can take about 3 months to launch a product on Amazon. That being said, I believe that Amazon FBA offers one of the best opportunities to make money online.

If you want to learn more about selling on Amazon FBA, I created a FREE video training that talks about how you can experience your first $10,000 month with Amazon FBA.

6. Info Products

In today's digital world, if people want to learn something, they go to the Internet. Self-education has become the new norm. If you have a specific skill set or expertise, you can create a step-by-step online course.

You can include a membership feature and sell it online as an info product for whatever amount of money that you want. Selling online courses can be quite profitable.

The one downside of this model is that it is not beginner-friendly and there are more expenses involved. Not only do you need to have valuable knowledge that you can teach, but the overall creation of a course is a lot of work.

I would suggest waiting until you have more experience selling online before launching an info product. Nonetheless, this is a great way to make money and help a lot of people at the same time.

7. Coaching 

Coaching is all about inspiring people to grow and become the best versions of themselves. If you have the desire to make a difference in the lives of others, I celebrate you.

The best way to build a client list is by driving organic traffic to your website. The secret to engaging with your audience and building your brand credibility is delivering high-quality content consistently via social media, YouTube videos, live streams, etc. Once you've created trust with your audience and they have benefited from your free content, eventually they will come to you for coaching.

Keep in mind that coaching will not lead to passive income. However, it is very fulfilling work. There is no greater feeling than knowing that you have made a positive impact on someone's life.

These are 7 proven ways to make money online in 2022.

Reflect on each of these opportunities and identify which niche you want to build a business around. You don't want to do all of these business models at the same time. Rather, you want to start with one, master it, and then add more over time.

Eventually, I recommend combining these models into one online business. Creating lasting multiple streams of income is the best way to build a lifetime of wealth.

So, the question is… which opportunity will you take action on?

Do you want to start making money online, but don't know which business model is best for you? CLICK HERE to take my FREE 60-second online business quiz!