Making money online is no different from making money offline. It starts with an idea, followed by massive and passionate action.
I can’t give you professional advice on buying and selling stocks but I could discuss general trends that can get you confident about being in business.
I have a few ideas of my own of apps that don’t exist that I think will make good money but they would be wasted here unless you have the relevant skillset to produce these massive apps that I have in my head.
I shall, therefore, stick to the power of what the Internet can do from that moment it started flattening the world 20 to 40 years ago.
You can also read: What’s is the Best Affiliate Network to Make Money Online?
Become a millionaire by making money online
To become a millionaire by making money online you could try any of the following :
- An online store selling high-value artworks or rare sculptures on eBay or other. Sotheby’s make millions doing just that.
- Delivering live educational lessons to all corners of the globe via video streaming to paying clients.
“When Rob Percival posted his first online web development course for $199 in June of 2014, he only made one sale in the first 24 hours.
For Percival, who originally had hoped only to supplement his monthly income by $5,000 or so, the growth was exciting. In September, he released a second course to teach the Apple programming language Swift, and it earned $200,000. “That was my first huge month,” he says. “Since then it’s been a steady $150,000 every month.”
Today, Percival’s four courses have taught nearly 125,000 students and earned nearly $3 million — $1 million of which he has brought home.”
Become a millionaire with YouTube
To become a millionaire by making money online start a valuable YouTube infomercial or comedy channel that earns money from pay per click advertising.
“ Here’s A List Of The Richest YouTubers In 2018
- Jake Paul – USD$11.5M (AUD14.8M) …
- Felix Kjelberg (PewDiePie) – USD$12M (AUD15.4) …
- Mark Fischbach (Markiplier) – USD$12.5M (AUD16M) …
- Logan Paul – USD$12.5M (AUD16M) …
- Dude Perfect – USD$14M (AUD18M) …
- Evan Fong (VanossGaming) – USD$15.5M (AUD20M) …
- Daniel Middleton (DanTDM) USD16.5M (AUD21.2M)…
Source, Google” why don’t you take a look at their channels and see what their secret is.
Tapping into the informal sector and targeting vendors whose goods are not yet known to the world and bringing them online and getting a commission on all sales.
“Estimates are that the informal economy around the world is [worth] about $10 trillion a year,” says journalist Robert Neuwirth. “That’s an astounding figure because what it means, basically, is that if the informal economy was combined in one country, it would be the second-largest economy on Earth, rivaling the United States economy.” Source: nprbooks”
Start a charity fundraiser channel for your community’s needs. Place all of them on one central channel. Make enough noise about it ave raise awareness and money. Claim a success fee of 10 to 15 percent of all funds raised to cover your admin and profit objectives.
Just use Oprah Winfrey for inspiration for any charity business.
The power of the internet
Think of the internet as your storefront and provide the most basic solutions to mankind’s needs. Provide thousands to millions of solutions to hundreds of thousands of people across the globe and you will make your millions. China, Africa, and India are a scintillating source of future wealth for the whole world, so, maybe you could focus your efforts there. By 2100 or earlier, it is estimated that 80 percent of the world will be living in mostly Africa and the so-called emerging worlds. This is a fact-based prediction. Your children will live to see this happen.
With this information, you can plan how you wish to use the Internet to start servicing the more than 1 billion Africans needing various things from the basic stuff to complex desires.
Whatever you choose to do, give yourself a timeline of 5 to 10 years although you may hit on such a good idea you may get some early surprise results. Immerse yourself into thought and planning and avoid the get rich quick mentality. If you ever get tempted to think it’s easy, read the Netflix story or eBay’s or even the maverick Elon Musk’s PayPal to see how he lost 100 million dollars and nearly went bankrupt many times before you even knew about him.
Focus on getting started, love, failing and getting started again and again. Try or go home.
Life comes down to 4 simple things:
- Success or
The rich magazines do not tell the hard truths of the failures because they only have a few pages to dedicate to a story and them also, know poor people love good rags to riches story so they don’t waste too much time on the gory details, the blood and the sweat that you have to expend on your path to becoming a millionaire.
I can’t offer you anything more glamorous than the basic entrepreneurs’ starting point which is :
See a need? Fulfill that need.
Good luck to you in your effort to become a millionaire by making money online!