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- Ways To Make Serious Money
Yes, you can make good money online.
That sounds really dumb to say and I hate saying it because that phrase alone sounds scammy as hell.
Anyone can make money online and I’m not trying to blow smoke up your ass.
There isn’t a crazy system that you need to learn or a mystery that you need to solve.
Go on Pinterest and check out any big blog. Everything they do to make money is sitting right there in front of you.
It might seem so obvious to you that you don’t actually believe it. You might think that there is a secret that you are missing but there really isn’t. If you study enough success stories you can see the methods that they use.
In this post, I’m going to explain to you the 5 different ways I make money online and how I was able to achieve each one.
Who the Hell am I?
My name is Paul Scrivens and I run 7+ different online brands (I lose count so I just add the ‘+’ there to make my life easier) in different niches, not including this one.
Before you get the wrong idea, you don’t need to run this many brands to make this kind of money. I just do it because I like to understand how to be successful in a number of niches.
Currently, across my sites, I make over 5 figures every single month. It varies from month to month depending on the niche and what I’m promoting but every month I’m guaranteed (okay, nothing in life is guaranteed but it’s consistent) to make at least $50,000.
Here is a screenshot of one of my sites bringing in money almost daily:
Note: I can’t receive bank deposits over the weekend so some days in the above image are skipped.
If you want to get an idea of some of my sites (besides this one) then check out my business Makers Mob.
As you can see, I’m pretty varied in what I do and it’s important to keep in mind that all of these sites contribute towards the money I make each month.
What about the other sites that I haven’t mentioned? They are still in the grow-out phase so they won’t be added to the list until they start bringing in money as well.
How to Make Good Money Online
Before I dive into the 5 ways I make money online I want to talk to you about the most important aspect of making money online no matter what route you decide to take: building an audience.
If you can build an audience online then you have an easy road to making money.
This is a basic concept to understand. If you have an audience that pays attention to you, you can make money.
Remember that.
It’s the core concept of any audience whether it’s online or offline. Without an audience (clients, customers, members), you have no business.
The reason why is because there is a simple formula that every business and person must follow to make money. I call it the Pocket Business Formula.
Audience x Offer(s) = $$$$$$$
The problem is that many people just don’t know how to build an audience or don’t put any focus on building an audience. Instead, they concern themselves with blog themes, Twitter posts, and other small things that don’t move the needle.
One of the very first things that I teach my students over at Pocket Business is that you should create an offer (a simple digital product, I call them Pocket Offers) and then go for the audience.
You don’t need to complicate things. A successful online business can be just that simple.
If you can get traffic to your site then the whole world begins to open up for you.
It’s great that some bloggers will tell you that you don’t need much traffic to make money and they aren’t wrong, but if you can get a lot of traffic everything becomes much easier for you.
The key is that by having an offer, you now have a chance to make money with every single person that you interact with.
Make It Easy With a Good Niche
Now, let’s address something else which is going to be bad news for some of you.
If you want to make money online then I’m not going to tell you to follow your passion. Instead, I advise you to do stuff that has been proven to work.
There really is no reason to try a different niche for your first blog.
I’ve spoken with people that want to know how to make money blogging about the topics they are most passionate about and they assume that they will do well simply because they believe other people love the topics as much as them.
Wrong.
What people love are things that make their lives easier and better. Why do you think how to make money blogs, personal finance blogs, and health blogs do so well?
Don’t hesitate to start a blog in a big and popular niche. The audience is already established in those areas so it’s pretty silly to avoid them.
With that being said let’s dive into the ways that I make money online.
The 5 Ways That I Make Money Online
I’m going to surprise you here and say that one of the ways isn’t by blogging.
Nobody pays me to blog.
How To Make Serious Money Online 2018
However, the whole reason why I can make money online is because of blogging so if you want to make money online I suggest you get into blogging.
Blogging is your marketing platform. Fancy marketing people like to call it content marketing.
Blogging gives you the opportunity to build an audience which in turn gives you the chance to open up new revenue streams.
Get this straight, blogging opens the doors for a ton of opportunities for you. So when you see other people talk about the virtues of blogging, they aren’t talking about how awesome it is to write a piece of content.
In fact, one of the last things I want to do is sit down at a computer and write.
They are talking about how blogging levels the playing field for individuals to be able to reach thousands or millions of people similar to a bigger company.
My site, Thrive/Strive, reaches over 60,000 PEOPLE A MONTH. That’s completely insane to me.
Every single way that I make money online is directly connected to my blogging but I don’t want to say I make money by blogging.
That might be a small technicality but I wanted to get that out of the way.
1. Ads
This is the second easiest way from a technical standpoint to make money online because you don’t have to do much to get them set up. If you use one of the ad networks that I mentioned above then they actually do all of the work for you!
What you do need though is a shit ton of traffic for this to be effective. By this, I mean at least 30,000 page views before you even want to consider putting ads up on your site.
I don’t use ads on all of my blogs but the few that I do, I use AdThrive or Mediavine and both have been wonderful.
Now I know the question you are asking is how much money do I make for the amount of traffic that I get. I get paid every time an ad is shown on my site but you get fractions of a penny for each view. For this reason, ad dollars are measured in CPM.
This means that for every 1,000 page views I make $X amount of money.
So with AdThrive/Mediavine, depending on the niche and the quality of ads, the CPM fluctuates between $5 – $30 per 1,000 page views.
If I do 100,000 page views in a month (the minimum you need to apply to AdThrive) then I will make anywhere between $500 and $2,000 for that month. Again, it’s dependent on the topics that you write about.
Not bad, but not great considering the other ways that you can make money.
However, ads are the most passive way to make money online. Your only focus is to get people to continue to come to your site which can be challenging in its own right.
As of May 2019, I do about $15,000 a month in ad revenue.
2. Affiliate Marketing
This is the easiest way to make money online from a technical standpoint because you don’t have to do anything but post a link on your site.
Serious Online Io
That link points to a manufacturer of some product that will pay you every time someone purchases from them.
For example, if I run a car blog and I sign up for an affiliate program with a car parts shop, I can link the different car parts that I like on my blog and when people click on the link and purchase from the car parts shop I get a cut.
The commission that you get is totally dependent on the affiliate program. There is no status quo. I’ve seen percentages range from 4% to 90%.
However, making money with affiliate marketing is a lot harder than people present it. You might think that all you need to do is put a link on your site and then watch the money flow but that isn’t the case.
You have to do a lot of upfront work to convince your audience that they want/need a particular product. If you can’t do that then your links will just sit there unclicked.
3. eBooks
I love writing eBooks because you can make them as simple or as complicated as you want. The easiest way to make an ebook is to simply write it in some type of word processing application (Word, Pages, or Google Docs) and export it as a PDF.
There you go. You now have an eBook that the world will enjoy.
eBooks are a great starter product for many bloggers because everyone has the tools to create them.
Some people believe that your ebook has to be super long for it to be successful and I’ve seen 4-page ebooks do well and 200-page ebooks bomb.
It’s completely dependent on the subject matter and what problem you are trying to solve.
If you don’t even want to set up your own website you can go directly through Amazon’s Kindle Direct Publishing to reach millions of people instantly. Of course, you are dealing with a lot of competition but I know authors that make over $40,000 a month with their Kindle books.
Curious about creating your own product? Then you’ll want to check out The Pocket Business Blueprint which gives you the blueprint for finding that perfect product idea for your audience.
4. Online Courses
This is one of the most lucrative ways to make money online when you have an audience.
To make $1,000 with ads (on a good ad network) you need to do between 70,000 – 250,000 page views a month (remember it depends on the niche). That’s a lot of people!
To make $1,000 with affiliate marketing you might need to sell a couple dozen/hundred items.
With online courses, you can make $1,000 by selling just a couple (dependent on price).
For example, the current price (as of this writing) for The Dream Roadmap is $799. To make $1,000 this month from the site I will need to sell 1.3 seats.
That doesn’t require me getting 100,000 people to the site. Hopefully, it only requires less than 100.
Out of these 5 methods, online courses are both the most technically involved and the most time-consuming.
I love teaching people but I hate the process of making courses just because I like instant results.
Online courses take planning and time to get right. At least the good ones.
If you throw videos into the mix it takes even more time.
This takes hours and my throat always hurts when I’m done.
But again, I make most of my money from online courses so the effort is worth it.
5. Membership Sites
Pocket Business also has a membership site component to it.
It provides me with a steady income that I can rely on to come in every single month as more and more people sign up.
Membership sites can work in a number of different ways. You can simply offer a forum. You might offer monthly video lessons. You can think of a number of different things but you must make sure that you are providing continuous value to your audience.
Membership sites usually work best once you have an established audience to work with. Starting them from scratch without an audience is difficult because people join membership sites with the intention of interacting with other like-minded individuals.
If they are the first one to the dance and nobody shows up for days or weeks then they will quickly lose interest.
More Ways to Make Money Online
These aren’t the only ways to make money online. There are a ton of other options:
- Podcasting
- Dropshipping
- Ecommerce
- Offering services
The list goes on. In fact, I’ve written 15 more ways to make money with your blog that you should check out.
So where do you go from here? If you’re interested in getting a blog started I suggest you begin with my free guide to blogging to get a feel for everything I do to grow a successful blog.
If you’re ready to jump into digital product creation then you can read the story of how I made $5,000 in a single day with one offer.
Make Real Money Online South Africa
Remember, you don’t need to have as many brands as I do to make good money. Most people do it with just one and I could as well but if I’m going to teach others how to build successful businesses, then I need to show I can create successful brands in other niches.
Nobody likes the person that fakes the funk.
How To Make Serious Money Online , Why Web 2.0 so critical ?
Over the past few years the Internet has evolved and with it came great
changes. Before, people visiting the Internet were spoon fed, now they have
the ability to change information they receive and are able to share
information through different platforms made available. Visitors are now given
the great power to alter information and comment or discuss on topics of
interest, however with great power comes great responsibility!
You witnessed, were a victim of or have at least heard about the bursting of
the dot com bubble in the fall of 2001. Fortunes that had been made overnight
were lost overnight.
The sky was falling. It was a very scary time for a lot of people. Some said that
the World Wide Web was just a flash-in-the-pan idea that had been over-hyped
and that the crash was irrefutable proof of that fact.
There were, however, some survivors of the 2001 dot com bust. The survivors
had a few important commonalities and there were those who insisted that the
World Wide Web was more important than ever and had a very bright future
indeed.
One of those who saw the results of the 2001 dot com bust as a ‘glass half full’
rather than a ‘glass half empty’ was a man by the name of Tim O’Reilly.
O’Reilly of O’Reilly Media met with Dale Dougherty of Media Live International
in 2004. Out of that meeting the term ‘Web 2.0’ was born.
The definition that Tim O’Reilly gives for Web 2.0 is: “Web 2.0 is the business
revolution in the computer industry caused by the move to the internet as
platform, and an attempt to understand the rules for success on that new
platform.
Chief among those rules is this: Build applications that harness network effects
to get better the more people use them.”
Web 2.0 can be viewed as an upgrade to the World Wide Web. It is still the
web but it is a new and improved version of the web.
New technologies such as blogs, social bookmarking, wikis, podcasts and RSS
feeds are just a few of the technologies that are helping to shape and direct
Web 2.0.
The Web before the dot com crash is often referred to as Web 1.0 now but only
since the coining of the term Web 2.0.
Some of the more obvious difference between Web 1.0 and Web 2.0 are:
Double Click replaced by Google AdSense, Britannica Online replaced by
Wikipedia, Personal Web Pages replaced by Blogs, Content Management
Systems replaced by Wikis and Directories replaced by Tagging
These are only a very few of the differences between Web 1.0 and Web 2.0 but
they are the major ones.
You will notice, if you look carefully that the commonality of many of the
differences between Web 1.0 and Web 2.0 is that Web 1.0 was driven and
controlled by the ‘powers-that-be’ and Web 2.0 is driven by users.
That is a HUGE difference, as Web 2.0 is becoming more user friendly not to
mention more profitable for the Average Joe. You might even call it a power
shift of seismic proportions.
Websites that could be accessed on the Internet were built and controlled by
only a few and were certainly not ‘interactive’ but today anybody with an idea,
a few dollars and little know-how can build a Web 2.0 website that is
completely interactive and turn it into a money-making enterprise if they
choose to.
The technology is there. It is easy to use. It is accessible and it is relatively
cheap, some of it is even free.
Many websites that started out as static websites are now adding features like
blogs and
forums and propelling themselves into the future of Internet commerce. Those
websites who continue to ignore these rapid changes are falling further behind
and will soon die out.
Expectations are increasing of regular people who now expect to be able to ask
questions and get answers from websites and they expect websites to be at
least somewhat interactive. The Internet has always been and still is a platform
for information but with Web 2.0, it has also become a platform for
participation, changing a passive audience into an active audience.
Let’s look at just a few of the innovations of Web 2.0 and how these
innovations have changed the World Wide Web,
Blogs:
Blog is a term that is derived from the blending of the two words ‘web’
and ‘log’….Blog. Fairly early in the history of the World Wide Web people could
build personal web pages. It is true that not many people did build personal
webpages but it was, nonetheless, possible.
Still, these personal webpages were static websites. The owner of the website
could post information about himself or his interests but others could only read
the information that the owner of the website posted.
Then along came technology. Blogging software was developed. Now those
who had personal websites could not only post about themselves, but they
could allow their visitors to comment on what had been posted or ask
questions. It was a huge advancement and because of that technology, today
blogging is big business.
People visit and post to blogs all over the Internet about any and every subject
that they are interested in and the owners of these blogs have figured out that
they can make their blogs very profitable.
Social Bookmarking: Social bookmarking is more or less a by-product of
blogging but it is based on the same basic technology.
Social bookmarking sites such as Delicious, allow their users to upload their
own favorite site bookmarks so that everybody else in the world can see and
use those bookmarks.
When a user uploads his favorite site bookmarks into his online account, a
backlink is created to that site. When enough people click on the link, the site
that has been book marked gets indexed and gains a rank by search engines.
It is a form of user driven advertisements that is far more successful than any
kind of paid advertising can ever be.
As social bookmarking sites are increasing, new software is being developed all
the time that makes these sites more productive such as advertising tools and
traffic driving tools.
Wiki: A short definition of Wiki is “Wiki is a piece of server software that allows
users to freely create and edit Web page content using any Web browser. Wiki
supports hyperlinks and has a simple text syntax for creating new pages and
crosslinks between internal pages on the fly.”
In short Wiki technology allows editing of material posted on a website by the
author or by others.
The best example of Wiki technology in action on the Internet is Wikipedia. In
the old Web 1.0 way of doing things the owner of a website had full control
over all material that was posted to the website and only website owners could
edit material posted on the website. On the other hand with the advent of Web
2.0 that idea has gone the way of the horse and buggy.
RSS Feed:
The acronym RSS stands for Really Simple Syndication that allows
the web to be driven by people rather than by the powers-that-be. Those who
use RSS content use reader or aggregator technology. When users subscribe to
these feeds, the reader or aggregator then checks the user’s website and when
the site has new content, it is picked up and sent to the user. That is a rather
simplified explanation but that is basically how it works.
A client based reader or aggregator is a stand-alone program that is attached
to an existing program such as a web browser or an email reader.
A web-based reader or aggregator makes the user’s feeds available on any
computer with web access.
Podcasts or Webcasts: As broadband internet connections and wireless
networks become more common throughout the entire world, the podcast or webcast is also gaining in popularity.
While people do still read, they prefer watching and listening to information
thanks to television, hence, the advent of podcasts or webcasts.
You can find and tune into podcasts or webcasts on almost any subject
imaginable today. Those who have blogs are making use of this technology to
sell products and to promote their websites in record numbers.
Web 2.0 is definitely here to stay and those who are still trying to do things the
old Web 1.0 way are falling behind this wave of today and of the future.
However will there be changes to Web 2.0?
Well, of course, there will be. Web 2.0 is fluid and it is ever changing like
technology. So new technology will be developed and as it is developed people
will use it. After all people are the driving force of Web 2.0.
And, you might ask, just who will benefit the most from Web 2.0? It will be
those who embrace the new technologies as they become available and it will
be us…all of us.
The internet no longer belongs to the few and the privileged. Big business has
lost its edge. The Internet and Web 2.0 has leveled the playing field. All of us
(you, me and all those who have access to the Internet) can now compete and
win.
Blogging – The Online Journal Craze
Blogging is hot right now. It might even be called a buzz word but it is also the
wave of the future for Internet marketing. Blogging is the result of the use of
the new technology that collectively makes what is known today as Web 2.0.
You will see the term “Web 2.0 websites” used frequently but what exactly
does that term mean?
Back in the murky, dusty past of the Internet in 2001, there was a happening
that is now referred to as the dot com bust. People who had a great deal of
technical know-how built websites, promoted them and made millions on
speculative ideas that were not founded in reality.
The internet was a one-way street. Those who had the technical know-how to
build websites posted what they wanted their readers to know and nothing
more. The Internet was a relatively new thing and people bought into this oneway
communication but only for a short few years.
Fortunes were made and lost overnight. There are those who blame the dot
com bust on nothing more than technological break through….and it could be
that they are right.
As the technological advances started, building websites became easier, and
more people built websites and jumped on the Internet marketing bandwagon.
They began sending out millions and millions of unsolicited marketing emails
daily. These emails were known as SPAM.
SPAM got so bad that the Congress of the United States actually passed the
CAN SPAM act in late 2001 and it became the law of the land in early 2002.
This was actually the final puncture to the already deflating Internet bubble
that let the rest of the air out.
Internet marketers were required to get permission from recipients before they
could send out marketing emails and many of the companies couldn’t survive
the blow. Those who did began building opt-in lists.
Opt-in lists are a big part (maybe the biggest part) of all successful Internet
marketing operations that are alive and well today and that need for an opt-in
list is not ever going to go away but it has been supplemented by blogs. Now
Internet marketers who have blogs can give potential opt-in list members the
one thing they all want…a voice.
Blogs are now discussed in the same breath and given equal weight among
successful Internet marketers as opt-in lists.
You can, of course, have one without the other but it is by far a greater
advantage to have both and a blog is one of the best ways available to build a
long and impressive opt-in list.
People have been keeping journals of course for centuries but the Internet
version of journal keeping that we call blogging is far different. Rather than it
being just the details of a personal life or the musings of a single person,
blogging is more a source of shared information today.
Blogs are dedicated to specific topics. These topics are as varied as the people
who have blogs. For example the owner of a travel blog might post the details
of trips that they have taken, invite questions and provide information about
products and services.
We all know that website traffic is one of the keys that unlocks successful
Internet marketing however the secret to creating an astounding amount of
traffic to a blog website is social bookmarking.
There are many social bookmarking sites on the Internet. These sites allow
users to upload and share their favorite bookmarked sites to lists where others
can visit these sites too. Users are able to categorize their lists and create tags
for each link within their lists.
Each time another user clicks on a link in a user’s list a back link is created. As
the back links increase, indexing is accelerated.
Many of those who have created very successful and profitable blogs make use
of such Web 2.0 advancements as RSS feeds, podcasts and webcasts to
enhance and promote their blog websites.
Blog software is often part of web services but it can also be purchased
separately at very low rates.
When a blog is created by a user there are many choices that must be made.
The first and most obvious choice is the topic of the blog. For those who plan
to monetize their blog, the choice of topic is a very critical one.
If a user is already an active Internet marketer in a particular niche market,
then the choice is easy but if a user is only just beginning in Internet
marketing, the choice of a topic can be a lot more difficult.
Research is necessary. It is important to choose a market that is viable. There
simply will not be much money made from a topic like under water basket
weaving.
One of the better ways to research and find a viable topic is by visiting other
blog sites and forum sites on the Internet.
You might consider going to one of the social bookmarking sites like Delicious
to find out what others are concerned about or topics for which they are
seeking information.
Once a topic has been selected the next step is to actually build a blog. The
best and most recommended way to own a blog is to host your own domain as
this will allow you to have full control of the blog and be able to do so much more in terms of design and interaction.
There are many web hosting companies out there and many of them offer
blogging capabilities. There are even web hosting companies who specialize in
blogging websites. One of the better known ones is Word Press but there are a
great many others out there.
There was a time when only gurus could build websites. It was necessary to be
proficient in the use of HTML among many other things but that is simply no
longer the case.
Web 2.0 now allows even novices who have never even thought of building
their own website to do exactly that and to do it very quickly and very
efficiently.
There are, of course, some things that one needs to know but these are things
that are very easily learned and there are even blog websites that teach you
how to build a blog website step-by-step.
Once a blog website is up and running, then it is important to get the search
engine spiders to visit the site so that it can become indexed and appear in
searches made on search engine sites. This is the place where social
bookmarking comes into play.
There is software out there that makes it very, very easy to list your site with
many social bookmarking sites all at the same time. It can be done quickly and
easily.
Owners of blog sites have learned to help each other in a sense. They can ping
one another’s sites and create back links for both sites that are picked up by
the search engine spiders.
Web 2.0 websites are user driven unlike the old Web 1.0 sites. The owner of
the blog does have control of content but he also allows visitors to his blog
website to add content and some even allow content to be edited by users.
Where Web 1.0 websites were constructed so that information and ideas
flowed only one way (from the website to the visitor), Web 2.0 websites allow
for information to flow two ways.
Many blog websites use RSS feeds, podcasts and webcasts to enhance their
blog websites. Of course people still read but people also like to get
information via audio and video.
Bloggers don’t even have to record their own audio and video products. There
are websites out there which will supply audio and video products…some of
these are even free of charge.
The old idea that a blog is simply a web log or a journal is nowhere near the
same as what blogs offer today that are far more than that as they are rich
with information that is constantly changing. You can find very active blogs that discuss controversial topics like politics and religion and you can also find blogs that are dedicated to nothing but pure
pleasure like travel, fishing, hunting, gold, sewing, needlecrafts, boating, etc.
There are also blogs that are devoted to business concerns. It is very unlikely
that you could think of a topic and not be able to find more than a few blogs
that are currently discussing that topic.
Yes, blogging is a ‘hot’ topic of today but it is also the wave of the future where
Internet marketing is concerned.
Briefly, to start blogging find a topic that you are interested in, even passionate
about and go out there and start your very own blog. If you construct the site
well and if you pursue social bookmarking, you can begin to create your own
online empire.
Other topics discus in future posts….
Social Bookmarking
Social Networking
Audio/Video/Podcasting
Affiliate Marketing
Incentive Your Prospects
Ways To Make Serious Money
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