Do you want to know 7 ways to make $10,000 per month online?
Whether you simply want to make some extra money on the side, or build an online business from scratch, making money online will change your life for the better.
I am going to walk you through 7 online business models and share my experience with each of them.
If you're wanting to make money online, but you're not sure where to start, keep reading!
Watch the video below:
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Want me to know which online business model is best for you? CLICK HERE to get instant access to my FREE quiz!
Making money online has never been easier.
If you are prepared to do whatever it takes in order to be successful, you're setting yourself up to win. All that you need now is something to offer people. Here's where a business model comes into play.
Here are 7 ways to make $10,000 per month online.
1. Create A YouTube Channel
As a YouTuber, I create content that adds value to people so that they can improve their lives. However, you can create a channel around whatever you are passionate about. I make money on YouTube by monetizing my videos.
I've been publishing videos for 7.5 years now. My channel has over 750,000 subscribers and 39 million views. In the last 28 days alone, I've had 7 million minutes of watch time and 900,000 views.
On average, I generate $12,000 per month in revenue from YouTube. However, I want to point out that it takes a lot of time and effort to make money from YouTube.
Having a backend is a much more effective way to make money online. This is why I use my YouTube videos to promote my products and services to people. This is how I make millions of dollars online through my business.
Do you want to be inspired on a weekly basis? CLICK HERE to subscribe to my YouTube channel!
2. Affiliate Marketing
This is the process by which you promote someone else's product or service and then earn a commission from it. Reviewing other people's products is one of the best ways to attract attention to you.
Going back the YouTube example, let me share a personal example with you. Years ago I reviewed the Vitamix blender as an affiliate product on my YouTube channel. This product is valued at almost $500.
I shared my honest experience of the product. In the description of my video, I provided an affiliate link. If someone wanted to buy it, they could click on the link and I would make a commission from the sale.
I have made over $100,000 dollars simply from promoting the Vitamix blender. How cool is that? This proves that you can actually make more money from promoting a product as an affiliate, versus making money from YouTube ad revenue.
Are you ready to know how I've made $5 million dollars in affiliate commissions? CLICK HERE to join my FREE affiliate marketing masterclass!
3. Create and Sell Your Own Product
Creating and selling products is a great way to share your expertise and knowledge in a variety of different niches and markets. For example, I created a course called, Morning Ritual Mastery. This is a 7-day video training program that walks people through how to create a morning ritual.
Luckily, there is a huge demand in the marketplace when it comes to morning rituals. This is something to take into account when you are creating a course. Keep in mind that this business model takes a lot of time, energy and resources.
It requires that you first create a course in a secure members area where people can access it and then you need to create the funnel pages. It's a lot of work, but if you have a large audience, this is a great way to make money online.
Want to check out an example of a course I created? CLICK HERE to join my Morning Ritual Mastery program!
4. E-commerce
This involves selling physical products on Amazon, Shopify, or on your own e-commerce store. The method for doing this is known as private labeling. The great thing about private labeling is that you don't have to create your own product.
Rather, all you do is find a supplier that is already making a product and you order a certain amount of inventory from that supplier. By putting your own packaging and branding on a product, it automatically makes it your own.
Amazon is one of the biggest online retailers in the world. They have hundreds of millions of customers. My fiancée, Tatiana sells waist trainers on Amazon. She does incredibly well, generating over $100,000 per month in sales.
Today, she primarily sells her products on her website, Luxx Curves. By selling on her own Shopify store, she has more control of her margins, the refund policy, and shipping, to name a few things. However, I encourage you to start selling on Amazon.
Once you have built up a solid brand and audience, then you can transition over to Shopify. That is how you will make a lot more money.
Do you want to know how you can leverage the power of Amazon? CLICK HERE to join my FREE online training!
5. Book Publishing
This is an easy and simple way to make money online. Writing a book doesn't cost anything. If you don't want to do the actual writing, you can always hire a ghostwriter to write the book for you.
By doing this, you are merely handling the marketing and publishing side of things. I've published hundreds of books on Amazon. Most of my books are written under different pen names. I take this approach when I'm not the actual author of my books. This is a very common thing to do in the publishing industry.
You can publish books on Amazon via their free Kindle Direct Publishing (KDP) account. On average, you will earn a 70% royalty for all Kindle books that you sell.
Do you want my proven step-by-step system for publishing books on Amazon? CLICK HERE to purchase my new and improved Mastering Book Publishing course!
6. Coaching or Mastermind Events
Coaching is a great model if you aspire to make a direct impact on people's lives. In my own business, I have two coaching programs – Online Business Mastery Accelerator and Life Mastery Accelerator.
Within my programs, I coach and mentor people about how to build an online business and master every aspect of their lives. People may a monthly membership fee to be a part of these programs.
I'm also a big fan of Mastermind events. I host a 2-day business Mastermind event twice per year. People fly in from all over the world to be a part of this experience. The personal benefits of a Mastermind group are far-reaching. This is a great way to network with other people who share similar goals to you.
Do you want to master your online business? CLICK HERE to get monthly coaching from me in my Online Business Mastery Accelerator program!
Ready to succeed faster and master every area of your life? CLICK HERE to get monthly coaching from me in my Life Mastery Accelerator program!
7. Create and Sell Your Own Software
My brother and I created and developed web-based software for Kindle publishers called K Optimizer. Software sells itself because you are saving people time and money. There are also downloadable software and online apps.
However, the only challenge with software is that it requires a lot of money, time, and experience. You will need to hire a developer and be prepared to fix a lot of bugs with regards to the technology.
These are 7 ways to make $10,000 per month online.
If you're tired of working a 9-to-5 job and aspire to create financial freedom, an online business is the best way to go. When it comes to choosing an online business model, I encourage you to pick one that aligns most with your values and your goals for the future.
Are you ready to start your dream business today?
Want me to know which online business model is best for you? CLICK HERE to get instant access to my FREE quiz!