[METHOD] How To Make Money Online If You Haven’t Already Made It Yet! Full Tutorial

[METHOD] How To Make Money Online If You Haven’t Already Made It Yet! Full Tutorial

Okay, so I get many times these kinds of DMs on a daily/weekly basis about how can the person messaging me can make money in 3 months or with just $100. So let me make this clear, it’s something that I also did and most of us did when we were starting out (it’s normal but just make sure that you aren’t breaking any forum terms or conditions). For example on Great Courses website, you can find a lot of courses to download, as well as many online marketing tools & softwares.

To make money online, you need to assess your current resourcefulness.
Resource – a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.

Let us break resources into context with making money online (MMO) = Time + Money + Skill

Time – How much time can you dedicate on a daily basis? Maybe you have a full-time or part-time job and you can’t skip those because that’s how your food is on the table (Don’t quit your job now). Or, maybe you are a college student and you have around 2 hours every evening to dedicate towards building an online income stream.

Money – How much money can you invest? Maybe you are a trust fund baby (no offense, you are lucky and I am happy for you) and you have a few million to build something. Or, you are living paycheck to paycheck, like most people, in that case, you will not have any excess cash flow to invest.

Skill – What are your monetizable skills? Maybe you are a salesperson (used car sales, selling condoms to old people, etc). Or, maybe you are a total novice, and you don’t have any monetizable skills (don’t worry, you can build a well-paying skill in 6 months, it will not make you an expert but it will be enough for you to make a few thousand dollars every month).

Great! Now, we need to assess what work you like doing (it is more important than just comparing your hobbies and passion).

Scenario #1 – Let’s say you don’t like talking to people on the phone. So, that will cut out your chances to build an agency or any service-based business. Ask the agency owners and they will tell you talking on the phone is the single most important thing that you need to learn if you want to make money. And in this case, you need a business that isn’t dependent on you being client-facing, which means B2C = Business to Consumer. So, these could be great for you:

Social Media (theme pages)
Creating Niche Sites
Apps or Software
Freelancing (using marktplaces such as Fiverr or Upwork)
Dropshipping or E-Commerce

Scenario #2 – Let’s say your friend is someone who likes communicating with people. And he doesn’t feel a punch in his stomach when asked to talk to a stranger on the phone. Then, his chances of building a client-facing business are much greater (B2B = Business to Business). So, these could be great for him:

Agency
Productized Services
Being a Closer (on the phone)
Consultation
Coaching & Mentorship

Now, I am not saying that you can’t be good at talking to clients on the phone, but it will take time. And it depends on your situation if you have the time to dedicate to learning this.

Take for example a hypothetical case. You (scenario #1) are suited for building a B2C type business.

But at the same time, you are a college-going student and you can only dedicate 2-3 hours/day (Time) + You have saved around $500 (Money) + You don’t have any monetizable skill yet (Skill). Now, you can determine what type of business is there which is B2C, doesn’t require more than the time, money, or skill you currently have.

First, list down all the B2C Avenues you can go for (take your time and list as many as possible):

Social Media (theme pages)
Creating Niche Sites
Apps or Software
Freelancing (using marktplaces such as Fiverr or Upwork)
Dropshipping or E-Commerce
Kindle Publishing
Affiliate Marketing + Paid Ads
Being a Social Media Influencer
Selling services in a marketing forum (BHW)
Now, let us rate + filter these

Amazing, so after the rating and filtering, we are left with two options:
Social Media (theme page)
Selling services in Forums (BHW)

Let’s say that you are new on BHW and your account need to be 60 Days old + 100 valuable posts (non-spammy) before you are allowed to sell services.

This makes choosing the “right one” easier. Grow a theme page + in the meantime do the required on BHW to be able to start selling.

I know, that this method is very simplistic or maybe overwhelming for some, but you can tune it up to your liking.