There are a thousand ways to make money aside from your regular 9-5 job, either as a side hustle or a full time business.
Before you start though, you must first understand a little more about how business and marketing works.
In this blog, I’m going to be talking about the things I wish I knew when I first started and I’d also like to touch up on some of the misconceptions about working online.
You see, when I first started I didn’t know anything about business or working for myself, or why I was doing the things I was being taught. I didn’t fully understand the concept of business because I always thought you needed to wear a business suit or have a business degree in order to become successful.
Little did I know, that once I understood it’s not about how much money you could make, but how many people you could help… That’s when things changed for me and thats when everything opened up. I finally started to see everything from a different perspective.
What Is Business?
All business is in essence, are two things:
- Finding people with a problem, either creating or finding a solution to that problem, then presenting that solution to those people with that specific problem. Most people are willing to pay to solve something they’re struggling with.
- Finding someone who is looking to fulfill his or her wants, needs, and desires… creating or finding a product or service that helps fulfill that person’s wants, needs, or desires.
- If you’re hungry, you go to a Restaurant.
- If you want to lose weight, you attend a Gym regularly or pay a Personal Trainer.
- Got a cavity? See your local Dentist.
- Want family or wedding photos, hire a Professional Photographer.
- If you are a consumer & love shoes, you stand in line to buy the newest Jordan’s at a low price and resell them for a higher price (Arbitrage).
- Want to live the lifestyle of your dreams, find a Mentor who is living the lifestyle you want to teach you how to create a Lifestyle Business.
Whatever it may be, once I took the time to learn this philosophy, I started to understand how marketing, traffic, sales funnels, up-sells, building relationships, and everything else worked together. It also became clear to me that there were thousands of ways to build a business or just make money on the side.
It was pretty much up to me to try different things and figure out what kind of business model I wanted to start or the main question was who could I help.
Why Do People Start A Business?
If you observe the people you know who have a business or have tried to start a business, most of them have a similar goal & reason for starting; either to get away from their 9-5 job, have more time & money freedom, they are chasing their dreams, or simply they have a message or vision they want to convey to the world… and most Entrepreneurs realize that could never be done working at a 9-5 job.
It just doesn’t make sense to wait till you’re 65 years old, until you retire to start living your life. Wouldn’t it be better to spend your entire life actually living, doing things you’re passionate about?
Well, most people don’t think that way because we have been brainwashed by the “SYSTEM”. You know, get good grades so that you can attend a good college so that you can ultimately get a “good job” in your field. The system has taught us that this is the ONLY way to become successful.
But at the end of their college tenure, most people end up being over $50,000 to $100,000 in debt, having to start at the bottom at their new “JOB”.
For those who didn’t go to college, most people work 2, even 3 jobs just to survive and get by… And people stay at their jobs & work till 65 years old because of the big word, “SECURITY”. The security of having a stable income, that paycheck every other Friday, but along with that security, they are sacrificing and trading their time for money.
What most people don’t realize is that if you want to live your life while being able to have security at the same time, you must master a skill. I know many people who have never been to college or dropped out, yet are the most successful people out there because they are skillful at their craft. They have mastered a certain skillset that has allowed them to make more money, thus having the security to live more freely.
Before we move on, I’d also like to make sure you don’t quit your day job to pursue your business full time. Use your day job to fund the capital you need for getting your business off the ground. Until you really get things rolling and you are confident in your skillset, work on your business full time so that one day your full time job will be your part time.
You know, people stay at their 9-5 job forever because they think they’re doing it for security. Heck, security doesn’t even come from the business you’re trying to build. Bottom line, do not rely on your profession or line of work to secure your financial future. You never know if you may get fired tomorrow or the company you’re working for might go down.
The ONLY way to have REAL security is by acquiring a specific skill or set of skills that can make you money when times are good or bad in any niche or industry. For example, if you are a skillful photographer or videographer or editor, you can always find gigs or people to do work for.
With the amount of people on the internet and on social media, there’s many ways you can learn a skill and help people using your skillsets to solve people’s problems. Teach or show people something that you have a lot of knowledge about.
Think about your #1 skill that you’re focused on mastering in 2020? Whether if you become a freelancer doing service based gigs, teaching people how to do something, or marketing and sales, there’s a thousand ways to make extra money.
You just have to be willing to go out there and try different things, because let’s face it, you will never truly know what you’re capable of unless you try it yourself.
15 Ways To Make Extra Money Online In 2020
I cannot guarantee anyone’s success, but if you focus on learning any ONE of these skills, and if you work hard enough, you will become successful in 2020.
Here is just a short list that I’ve been able to think of at the moment. This list is endless guys, so take advantage of it right now. I’m in the process of writing a blog for each so that you can really see which method you’d like to go all in on. I hope this helps and gives you a broader perspective.
- Affiliate Marketing [#1 Recommendation!]
- E-Commerce (Drop-Shipping) [#2]
- Coaching & Consulting [#3]
- Digital Freelancer
- Lead Generation
- Brand Influencer Marketing
- High Ticket Closing / Sales
- Network Marketing (MLM)
- Content Creation
- Editing & Publishing
- Professional Copyrighter
- Blogging (SEO)
- Digital Social Media Agency
- Cryptocurrency (Bitcoin) Trading
- Foreign Exchange (Forex) Trading
- & MORE
All you have to is learn & take action. Do your research. Pick ONE and GO ALL IN!
BONUS – “Business Opportunity”??? | Misconceptions
There are a lot of misconceptions about working online because I’m sure everything you see online is someone promoting their “Business Opportunity”, right?
If someone was starting their own online business, I totally understand if you were thinking it’s probably a scam or he or she is just trying to recruit me… because without any prior knowledge, I thought the same way too. I genuinely thought this was pretty much the only way people were becoming successful online.
You see guys, not everything you see online is an MLM or a so called Pyramid Scheme… and I hope this blog dispels any doubt or limiting belief you might’ve had.
It’s all about learning a skill and using that skill to help someone. It’s simple as that. Provide a service or offer that people are looking for and monetize your efforts and results.
Find what works for you. Build a business that you’re passionate about and do it with transparency and integrity… cuz no matter what, it comes down to your intention towards helping others.
Thank you for reading!