Making Money Online – How Much and How Soon?

Making Money Online – Don’t Focus on Getting Rich

I spend time at a few forums devoted to Internet marketing, and I see a lot of queries from new marketers about making money online.  It might be of the general variety, or it might be tied to an advertisement for a specific product being sold by one of the forum members, but the questions are generally the same – it’s some variation on “How soon can I make XX dollars?”

making money onlineWith products, it might be “How quickly can I earn $100 per day with this?”  In the more general sense, it might be something like, “How long will it take me to earn $1 million?”  For some reason, a lot of people seem to think that all successful Internet marketers are millionaires.  A lot of people also seem to think that it’s both fast and easy to become one.  The truth, sadly, is a bit more complicated than that.

Making Money Online Takes Time

Part of the reason for these sorts of questions is the hype that one frequently sees on sales pages for products that will help you make money.  While it isn’t as common as it used to be (except for high end MLM products) people are accustomed to seeing sales pages showing sports cars, yachts and pictures of people on the beach, and they simply assume that with so many products being sold that way, the people who sell them must be rich.

It only stands to reason, then, that if you sell similar products or work in some other aspect of the industry that you, too, will become wealthy and will become wealthy very quickly.  Of course, it doesn’t work like that, and it should be obvious.  Everyone can’t be a millionaire, and in any industry, including Internet marketing, few people actually are.  Sure, we’d all like to be wealthy, and that’s the reason why those kinds of sales pages are usually successful – they appeal to our sense of greed.

wa_bannerJust today, I saw a question posed on a marketing forum – “How do I become a millionaire?”  There were several answers offered, but the one I liked the best was this – “Find a way to earn $1.  Then do it a million times.”  That, in a nutshell, is the secret.  There isn’t a way to become a wealthy marketer overnight.  You have to learn how the industry works.  Then you have to find your own particular niche within it.  Then you have to find a way to generate $1 that works for you.  Then, after you’ve earned that dollar, you can work on earning your second one and you can take it from there.

make money onlineYes, there are some Internet marketers out there who are millionaires.  Most of those are people who have spent years in the industry, found success via one method or another, and then spent a great deal of time creating an expensive marketing course intended to show other people how to duplicate their success.  Of course, what most people fail to realize is that the riches aren’t coming from the method taught within the course, though the creator of the course may have been quite successful with it.  The wealth comes from selling the course itself.

There’s nothing wrong with that; there are some worthwhile products out there that cost a lot of money but contain valuable information.  What you need to realize, however, is that it takes years of experience and trial and error just to get to the point where you have enough knowledge about making money online to create a course that will provide enough value to others that they’ll be willing to pay a lot of money for it.

A Better Idea for Making Money Online

You shouldn’t focus on getting rich.  If that’s a long-term goal, fine.  But if you spend all of your time trying to find a way to get rich quick on the Internet, you’re going to fail.  Why?  Because no one sells a product, method, or system for doing so that actually works. What often happens when people decide that they want to get rich quickly is that they buy some expensive product that they’re told will “spit out cash like a broken slot machine” or some other overly-hyped phrase.  They’ll work with it a bit and then realize that the guy who sold it to them was lying and that it doesn’t work or that it doesn’t make a lot of money.

marketing niche - don't make it about moneyThen they’ll cast it aside and buy another such product.  And another.  This will continue indefinitely, and instead of making money online, all these people are doing is spending a lot of money on expensive moneymaking products that don’t work.  That’s a poor way to go about trying to get rich.

A better way to do it is to find a system that works for you.  I’ve written before about how every successful Internet marketer has the very same system, because it’s the only one that works every time:

  • Find an interesting niche
  • Find a product within that niche that will improve your customers’ lives
  • Build a Website with frequently updated, fresh content.
  • Show your site visitors how your product will make their lives better
  • Profit

This works whether you have a product of your own or are selling one as an affiliate.  When you think about it, every site on the Web that makes money does this.  So how do you get rich?  Once you have the system working, you can ramp it up.  Make the site bigger.  Find more products to promote or a more expensive product to promote.  Build more Websites in related niches.   Add a mailing list so you can keep people updated on what’s going on with you, your site, and your business.

And eventually, if you want to take it to the extreme, take everything you’ve learned and put it into a complete marketing course that you can sell to newbie marketers who want to get rich. 😉Feature Manager

The bottom line?  Instead of trying to earn $50,000 or $100,000 or $1,000,000, just concentrate on making any money at all.  Then work on earning more.  As long as you’re earning something, you’re better off than working some regular job that you can’t stand.

If you’re not sure how to get started making money online, I highly recommend that you check out Wealthy Affiliate.  It’s a training program that will take you by the hand and show you, step-by-step, how to build your own online business that really works.
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