Wondering If Making Money Online Is Possible For You As A Beginner?
What would it take to make money online work for you as a beginner? Is it by starting a blog? How about making money by starting a profitable YouTube channel? In this article, we break it down for you , step by step everything you need to know from What, How and tools you need for the trade to start your money making venture online from today.
There are ways of making money online and these can range from active income-generating activities to passive income generating activities that anyone with a smartphone and internet connection can use to earn real money online.
An active online money making model is where you or a group of skillsets bundle up your abilities to provide a service or product by putting in the hours you need to get paid for your effort. This is also known as a treadmill income generating activity. And the reason why it is called the treadmill is simply due to the fact that your earning potential every month, is tied down to your ability to show up and post in some hours in order for you to get paid.
The other way to make money online is through a passive income generation model. Actually, this is considered to be the holy grail of making money online. There are obviously good reasons why you will love making money passively, for me, I love the idea of doing a job once and continue to get paid for that job over and over for years to come.
Before online money making opportunities became mainstream, passive income was only possible for worthy people who had achieved a financial level that allowed for them to control passive income earning assets like properties and financial instruments that bring yields monthly effortlessly.
Passive income earnings are easy to understand, you simply do the work once and get paid over and over for years to come. But there is a catch to the passive income earnings model:
The market you choose must be an evergreen market! What this means is that your choice of niche market must allow you to create money making assets you can do the actual work once, then continue to earn money for the next foreseeable future.
Take freelancing for example, so as a freelancer you make money by actively participating in the seeking and fulfilling your clientele’s work requirements for you to earn a living month in and out. What this means is that if you are making any money as a freelancer, then your income is based on an active income model.
The beauty of freelancing as a way of earning money online is the fact that the entry barrier is so low that pretty much anyone can start with no outlay capital investment required provided you have a valuable skill you can use to exchange your time for money.
With that in mind, the challenge for freelancers is actually twofold, for once, the competition is extremely stiff for most of the easy to learn skills and the second challenge is that being an active income, you only get paid for hours and effort you put in every month. And there is no way to leverage past effort or volume scalability.
Who is This Guy?
You Tube is a treasure troll just waiting foryou to tap into it's mega revenue churning streams it has! Ask anyone who has had a taste of the numerous ways You Tube provides in monetization, they will tell you how they wish they knew long before they got started. Especially for new You Tube beginners, their new rules will definately have you with you had started long before things got changed to the current monetization threshold requirements needed now!
Apparently, since Youtube new rules kicked in, any new channel must meet a minimum watch hours of 4000 and at least 1000 subscribers for the channel to be allowed to monetize their content on youtube.
Though this may sound like a huge ask for anyone just getting their youtube off the ground, the reality is the possibility of monetizing your youtube channel through other means is endless and just as lucrative than the Adsense model many newbies decry since new rules began.
Making money online with Youtube is obviously a passive money making business model one which I love the most as your earnings from the work you do each month or year keeps getting better and better as your channel grows from strength to strength.
Because there are literally numerous ways to make money with youtube, I will narrow things to a few popular and share with you why getting off to a good start with a perfect youtube monetization model is key. In fact most YouTubers who got this part wrong, are still at the mercy of other corporate red tape and worse off earning money actively instead of creating a passive income stream with their youtube channel.
The most notable money making avenues are:
The money-making avenues mentioned above are broken down into an easy to follow step by step guides you can start applying into your business startup from today, all you have to do is download your FREE beginner’s guide below.
Who is This Guy?
Mablogger 2018. All Rights Reserved