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7 Lies They Told You About Making Money Online

7 Lies They Told You About Making Money Online

We hear a lot of things about the Internet in today’s world. Whether it’s your friend or sibling showing you a funny video or your uncle telling you about “that new MySpace thing”, the majority of people are connected to the Internet on a daily basis. Even though people are on the Internet more and more, it’s still very new to us as a society. The concept of buying items and doing business online is still foreign to a lot of people.

One thing that seems especially ridiculous is when you hear about people making tons of money online. It almost seems fake that people can make a living using the Internet while you’re using it to look at cat pictures while your homework piles up. How do they do it?

This article will help clear up some misconceptions about the Internet and give you some pointers about making money online.

Myth #1: The Internet is a dark scary place where people scam each other.

In 2016, the Internet is no long the obscure uncertainty that it once was. Almost everyone in today’s society is online in some way. When it comes to the money-making community, this means there are more and more people with the same level of experience as you.

Are there bad people online? Yes of course. There are people who will do whatever it takes to get their way, even if it means stealing from people. Due diligence and patience will help you sniff out a lot of potential bad situations.

Some tips to stay safe when handling money online:

  • Use a reputable service like Escrow to hold the money until the transaction is complete.
  • Only proceed with a deal if you’re 100% comfortable.
  • When buying something know exactly what you want and ask questions to assess the validity and knowledge of a seller.
  • When selling, keep a documented record of everything. Have set polices that you obey by when dealing with customers. Your return policy should be clear and fair.
  • “Nothing ventured, nothing gained.”

Myth #2 : The Internet is great for business because you can quickly and easily make a ton of cash.

Anything worth doing takes hard work! Just because the Internet makes certain aspects of business easier or faster doesn’t mean the money will just start flowing in.

Depending on how you structure your online business, there is definitely the potential for a huge influx of cash. But if you ask most successful online entrepreneurs, they will tell you about a time in their life they spent struggling trying to figure out how to best use the internet for their business.

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The Internet is a big toolbox, you need to search each website for the right tool for the job. One site may have a virtual assistant who writes articles for you, another that has a graphic designer that you work with and another that you sell certain products on. Your mission is to figure out how to effectively use your tools and take advantage of how lucrative the Internet is.

Myth #3: That any product or eBook will tell you all you need to know.

There’s no collection of information that will tell you everything you need to know in order to be successful online. No matter how much it seems like an eBook or manual might help you, it won’t give you the full picture.

Part of being able to generate income online is combining tactics that have already worked for other people and applying your own creative twist to it. EBooks, manuals, and guides can definitely be useful and help you get started but trial and error will be your best friend. Once you figure out what works for you personally, you can increase your efforts and your profits.

Myth #4 : If you figure out a secret set of steps, you can make a ton of money working four hours a week.

Part of the genius of working online is the ability to create passive income sources for yourself. Passive income means once you finish the work, you continue to receive profits from it down the road. For example, imagine that it takes you 30 hours to write an eBook. Imagine you spend 1200 hours writing over a few years and end up with 40 books.

You take all 40 of your books and take advantage of Amazon’s kindle program, where they promote your book for you. If your book is good you’ll start to see some sales. Possibly a lot of sales if people like one of your books and decide to buy your other ones.

With a setup like this it’s definitely possible to only work four hours a week as your business grows over time. But as you can see the work it takes to get there definitely isn’t easy or fast.

Myth #5: It’s all a scam! No one is making money online.
Infographic9WaysToMakeMoney

    This couldn’t be further from the truth! Plenty of entrepreneurs have figured out how to market their services online and work from home.

    Even more and more offline businesses have figured out how to translate from traditional business models to developing an online presence.

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    The only scam is when people tell you that you can start making money overnight. Or that if you give them a certain amount they’ll flip it into more for you. Just like with offline ventures, you need to put in work and be of value to people to make money.

    Myth #6: You can start with no investment.

    No matter what type of project you decide to work online you will need to invest one of two things; time or money. Ideally you want to invest both, but only if you know what you’re doing. When you’re first starting out you’ll be spending more time than money learning and figuring out how to best make use of your skills.

    Making money online is basically being an entrepreneur. As an entrepreneur you have to have a strong belief in yourself. This belief needs to show itself by a constant desire to learn and try new things. Knowledge is power in this realm.

    Myth #7: You need to be an expert to make money.

    Just like in the “real world”, people buy online based on a need that they have. If you can fulfill a need people have or target people who have a specific need, then you can generate income.

    One of the most important things about working in an evolving arena like the Internet is to always stay learning. You may start out with no knowledge but as you progress you’ll slowly becomes extremely knowledgeable. You don’t need to be an expert to start out but knowledge is definitely what will help you move forward.

    The golden rule

    When it comes to creating opportunities for yourself online or trying to close a deal with someone via Skype always remember the golden rule: if it seems to good to be true, it probably is. Patience and common sense will save you a ton of headaches during your online journey.

    Don’t be so desperate to make money that you ignore obvious warning signs. Take your time and process each deal by taking close look at details. You should have a good feeling about the person you’re dealing with, the parameters of the deal and the agreed upon payment method. If you’re always critical about the different situations you get into online, you’ll come out on top more often than not. Don’t be afraid to ask questions until you’re satisfied.

    So what are some alternatives to explore that will help you make money online?

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    How-Teachers-Can-Earn-Extra-Money-Infographic-550x575
      Making money online is all about finding people you can be of value to

      Making money is similar to the life of a farmer. If the farmer can’t provide the ground with value by planting, watering, and caring for it properly, the ground will not reward him with crops that he can use to make a living. No matter what you’re offering, the Internet just makes it easier to reach people who may be interested. If you put value and helping people first in any strategy, you will be successful.

      Once you know what you want to do, explore all the avenues available for you to find potential buyers. Niche forums, blogs, social networks, and video sites are all places where you can let people know what it is you offer and to be of value to them.

      Upwork.com, Freelancer.com etc.

      Job board sites like Upwork and Freelancer.com are good options for people starting their freelancing journey. You can get clients fairly easily, build a portfolio while getting paid and get reviews that you can refer to for future projects.

      Local freelancing

      Don’t be afraid to pick up the phone and give people in your community a call. As said before, you want to find ways to be of use to people. If you learned a specific skill online, try and find some people locally that you can be of value to.  

      Craigslist/Kijiji

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      Classified sites are great ways to make some extra cash while cleaning out your garage or attic. This is a quick and easy way to use the Internet to get in contact with people who have a need that you can fulfill. You can sell items you no longer want or check the wanted section and see if people are looking for something you may have.

      Try and think about an item that would be popular in your area. If you can find it at a low price on a different site, you can import it and make a profit on the margins.

      Turning your hobbies into money

      As always, making money is about being of value to people. Think about what you enjoy and what people like you would find useful. You can create a product or service within your niche and be of value to people.

      Doing things like setting up a website, making YouTube videos, or sharing what you’re doing via social networks are great ways to draw attention from other people. You can use these tactics to build an audience, generate interest, and eventually start to sell whatever product or service you come up with.

      When it comes to making money online be prepared to put in a lot of hours of work. Having a clear plan of action is a big help but a consistent desire to learn new things will be your best friend during your online journey. This article has addressed some common misconceptions that should help change how look at working with the Internet. If you’re willing to put in the work, there’s no telling where you’ll end up!

      Featured photo credit: How Your Favorite Internet Companies Make Money via mashable.com

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      Anand Mishra

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      Last Updated on January 21, 2020

      The Best Way to Create a Vision for the Life You Want

      The Best Way to Create a Vision for the Life You Want

      Creating a vision for your life might seem like a frivolous, fantastical waste of time, but it’s not: creating a compelling vision of the life you want is actually one of the most effective strategies for achieving the life of your dreams. Perhaps the best way to look at the concept of a life vision is as a compass to help guide you to take the best actions and make the right choices that help propel you toward your best life.

      your vision of where or who you want to be is the greatest asset you have

        Why You Need a Vision

        Experts and life success stories support the idea that with a vision in mind, you are more likely to succeed far beyond what you could otherwise achieve without a clear vision. Think of crafting your life vision as mapping a path to your personal and professional dreams. Life satisfaction and personal happiness are within reach. The harsh reality is that if you don’t develop your own vision, you’ll allow other people and circumstances to direct the course of your life.

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        How to Create Your Life Vision

        Don’t expect a clear and well-defined vision overnight—envisioning your life and determining the course you will follow requires time, and reflection. You need to cultivate vision and perspective, and you also need to apply logic and planning for the practical application of your vision. Your best vision blossoms from your dreams, hopes, and aspirations. It will resonate with your values and ideals, and will generate energy and enthusiasm to help strengthen your commitment to explore the possibilities of your life.

        What Do You Want?

        The question sounds deceptively simple, but it’s often the most difficult to answer. Allowing yourself to explore your deepest desires can be very frightening. You may also not think you have the time to consider something as fanciful as what you want out of life, but it’s important to remind yourself that a life of fulfillment does not usually happen by chance, but by design.

        It’s helpful to ask some thought-provoking questions to help you discover the possibilities of what you want out of life. Consider every aspect of your life, personal and professional, tangible and intangible. Contemplate all the important areas, family and friends, career and success, health and quality of life, spiritual connection and personal growth, and don’t forget about fun and enjoyment.

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        Some tips to guide you:

        • Remember to ask why you want certain things
        • Think about what you want, not on what you don’t want.
        • Give yourself permission to dream.
        • Be creative. Consider ideas that you never thought possible.
        • Focus on your wishes, not what others expect of you.

        Some questions to start your exploration:

        • What really matters to you in life? Not what should matter, what does matter.
        • What would you like to have more of in your life?
        • Set aside money for a moment; what do you want in your career?
        • What are your secret passions and dreams?
        • What would bring more joy and happiness into your life?
        • What do you want your relationships to be like?
        • What qualities would you like to develop?
        • What are your values? What issues do you care about?
        • What are your talents? What’s special about you?
        • What would you most like to accomplish?
        • What would legacy would you like to leave behind?

        It may be helpful to write your thoughts down in a journal or creative vision board if you’re the creative type. Add your own questions, and ask others what they want out of life. Relax and make this exercise fun. You may want to set your answers aside for a while and come back to them later to see if any have changed or if you have anything to add.

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        What Would Your Best Life Look Like?

        Describe your ideal life in detail. Allow yourself to dream and imagine, and create a vivid picture. If you can’t visualize a picture, focus on how your best life would feel. If you find it difficult to envision your life 20 or 30 years from now, start with five years—even a few years into the future will give you a place to start. What you see may surprise you. Set aside preconceived notions. This is your chance to dream and fantasize.

        A few prompts to get you started:

        • What will you have accomplished already?
        • How will you feel about yourself?
        • What kind of people are in your life? How do you feel about them?
        • What does your ideal day look like?
        • Where are you? Where do you live? Think specifics, what city, state, or country, type of community, house or an apartment, style and atmosphere.
        • What would you be doing?
        • Are you with another person, a group of people, or are you by yourself?
        • How are you dressed?
        • What’s your state of mind? Happy or sad? Contented or frustrated?
        • What does your physical body look like? How do you feel about that?
        • Does your best life make you smile and make your heart sing? If it doesn’t, dig deeper, dream bigger.

        It’s important to focus on the result, or at least a way-point in your life. Don’t think about the process for getting there yet—that’s the next stepGive yourself permission to revisit this vision every day, even if only for a few minutes. Keep your vision alive and in the front of your mind.

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        Plan Backwards

        It may sound counter-intuitive to plan backwards rather than forwards, but when you’re planning your life from the end result, it’s often more useful to consider the last step and work your way back to the first. This is actually a valuable and practical strategy for making your vision a reality.

        • What’s the last thing that would’ve had to happen to achieve your best life?
        • What’s the most important choice you would’ve had to make?
        • What would you have needed to learn along the way?
        • What important actions would you have had to take?
        • What beliefs would you have needed to change?
        • What habits or behaviors would you have had to cultivate?
        • What type of support would you have had to enlist?
        • How long will it have taken you to realize your best life?
        • What steps or milestones would you have needed to reach along the way?

        Now it’s time to think about your first step, and the next step after that. Ponder the gap between where you are now and where you want to be in the future. It may seem impossible, but it’s quite achievable if you take it step-by-step.

        It’s important to revisit this vision from time to time. Don’t be surprised if your answers to the questions, your technicolor vision, and the resulting plans change. That can actually be a very good thing; as you change in unforeseeable ways, the best life you envision will change as well. For now, it’s important to use the process, create your vision, and take the first step towards making that vision a reality.

        Featured photo credit: Matt Noble via unsplash.com

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