Share to Linkedin Shutterstock Technology's ever-pervading permeation into every last fiber and morsel of society has caused a dramatic upheaval in the way we live, work and entertain ourselves.
Thanks to the disruptive nature of the internet, the rate of change has only increased exponentially in recent years.
The truth? It's not easy making money online today.
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Often, what happens is that we run into unscrupulous Internet Marketers IMs who have less-than altruistic intentions of extracting money from you rather than helping you to make it. However, this isn't something new. People have been falling for networking marketing, pyramid schemes, and affiliate marketing scams since before the start of the net.
So, where are we supposed to turn to make money the legitimate way online?
This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
It's not easy by any means. Anyone that tells you otherwise isn't being transparent with you.
However, there are some basic methods for making a respectable amount of cash in the short term. Pain Versus Pleasure Before I talk about some of the methods for making money online, I wanted to address the role of pain versus pleasure.
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However, this is also what holds us back from succeeding in any endeavor. Let me explain Now, making money online should seem like a pleasurable activity. In the beginning, like anything else, we might get really excited about it.
But that all comes crashing down when we begin to fail. The problem? In order to make serious amounts of money online, you need to the most amount of work for the least initial return, not the least amount of work for the greatest return. That's also the problem with how affiliate marketers, network marketers, and IMs attempt to sell you the "dream," so to speak.
All they need to do is send a few emails out, and voila, instant millions overnight.
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Well, clearly it doesn't quite work like that. The issue at heart is that we will always do more to avoid pain than to gain pleasure in the short term, not in the long term.
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That's why it's so hard to quit bad habits or do anything else that requires any semblance of struggle. The human mind is hardwired to avoid pain in the short term, not in legal ways to make money online long term. It's part of our survival instinct.
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However, you can easily overcome this in the long term as long as you set your expectations the right way. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. Today, if you're at all serious about succeeding in any endeavor, whether online or offline, you have to deliver enormous amounts of value.
Yes, you have to do the most amount of work for the least initial return. This is especially true online.
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Every successful business and person has delivered a tremendous amount of value at the outset. They did the most amount of work, and they inspected every detail meticulously, to ensure that they were doing right by their customers. You don't need to be an expert right now, but you do need to decide where you're going to fit in if you're at all serious about making serious cash in the long term. Without it, you've no place to filter all that traffic and people interested in what you have to say.
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But don't build a blog on a subdomain like yoursite. Without a significant following, you'll find it hard to gain any traction online. It simply takes time. While most people think that email marketing is dead, that's far from the truth.
The psychology of making money.
This is your greatest potential source of income online. Think of it as your money tree. Not only will you put people off, but you'll lose Google's trust. You also shouldn't concern yourself with things like Adsense or other ads on a blog before you have aroundvisitors per day.
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Yes, per day. The point?
Think about the long-term results of your activities. It will seem frustrating in the beginning. Then again, everything worthwhile is going to be difficult. It will take time.
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Stick it out and don't give up. In the meanwhile, here are some of the best and most legitimate ways you can make money online in the short and long term. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
I know a thing or two about audiobooks. And, what I've noticed recently is legal ways to make money online audiobooks are growing in popularity as their digital-ebook counterparts are becoming less and less popular. People are turning to audio and visuals when it comes to technical subjects.
However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
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Unless you have the right app-development skills, doing this is going to be a significant undertaking. But, apps are also a great source of passive income when done the right way. You can reach a massive audience of smartphone users by building a great app.