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Making money online has been one of the top trending topics since the beginning of the pandemic.
As difficult of a time it was, it pushed millions of people (myself included) to start looking for other ways to make a living.
It’s also not surprising that at this time, a lot of the “make money gurus” started to pop up with flashy new cars and rented mansions.
I’m not going to discredit them at all.
In fact, these guys are probably very wealthy indeed. But there are a lot of secrets behind how these guys made their money.
You’ve probably heard that you can “make money while you sleep!” and thought, “Wow, is it that easy?”
The truth is, yes. It is.
However, there are a lot of things that need to be put in place first before this can be a part of your reality.
So today, I am going to give you all of the secrets about making money online and how you can really make money in your sleep.
What Is The Fastest Way To Make Money Online?
Before I get into the money-making secrets, I noticed that a lot of people ask me about the fastest way to make money.
Just a disclaimer, if you are a beginner with no budget for ads, and no following, then you are going to have to invest your time and effort into making money online.
There is no real fast way to make money without the aforementioned things.
All of these “copy and paste” methods that you may find on youtube are either not going to work, going to get you blocked, or not going to be sustainable or scalable.
However, one of the easiest ways to make money is through affiliate marketing and it is the most beginner-friendly way to start making some cash.
There are some great affiliate marketing platforms that are beginner-friendly that are easy to sign up for.
3 Major Secrets to Making Money Online
Now that we got some of the misconceptions out of the way, we can get into the major secrets that no one seems to want to admit.
The reason why I decided to make this article is that I myself went through the online entrepreneur journey.
And I have seen far too many misconceptions that the gurus are perpetrating. This results in beginners becoming frustrated and quitting before they even begin.
I don’t want that to happen to you so please pay attention.
1. Getting Targeted Traffic
The first big secret is that getting targeted traffic should actually be your main focus. There is no way that any of the next secrets are going to help you if you do not have the right people finding your content.
So needless to say, it should be a top priority.
Now, what the gurus fail to mention when they tell you that you can make money in your sleep, is that they already have their target audience.
When you have a targeted audience and combine that with the next two topics I am going to share with you, you are almost guaranteed to make money.
And this kind of audience can take months and years to build. This is also something that the gurus forget to mention.
So keep in mind that no matter what niche or online service you provide, there is no way you can become successful without targeted traffic.
2. Setting Up Passive Income Streams
The next secret to making money online is setting up a passive income system that will bring you revenue without you having to always put in the work.
A lot of beginners get passive and active income mixed up. Just because it is online, it does not automatically make it passive income.
However, if you set up an affiliate marketing system along with your youtube videos, this can become passive income. You can make sales with your old videos without having to make new videos.
The same thing goes for websites and blogs. Once you have set up about 50-100 articles, it can start to become a passive source of income as well.
If you did your SEO correctly of course.
So if you have a system that requires you to create content every day or every week just to keep it alive, then this is not passive.
3. Developing Your Own Products
The last secret to making money online is creating a product that you love and selling it to your audience.
Most online creators will tell you that a major source of income for them is either merch or brand deals.
As great as it may be to have a brand deal, you still rely on the brand to reach out to you and pay you.
However, if you create your own product, you have full creative authority over how you sell it, what it looks like, and how much you want to sell it for.
Physical products are great but if you really want to cut down your costs, then digital products are the best way to go. You will not have to worry about stock, storage, or shipping.
So there is no cap on how much you can actually make from your product.
Plus, it is easy to update and make changes without having to reorder a whole stock of products.
The Truth About Making Money Online
The truth is the people that are making $1000 every day or $100 every hour are actually people who have been grinding behind the scenes for years.
They didn’t just wake up, make a video or a blog post, and then start counting hundred-dollar bills.
But the common trend that I see when I watch these “how to make money online videos” is that they do not mention just how much work it takes to build an audience.
They make it sound like all you have to do is post an affiliate link and the cash will start rolling in.
Or just do some simple SEO and you will rank in Google quickly.
These things are only true if you already have an established audience that trusts you or a well-established brand.
Plus, if you have the 3 secrets that I mentioned in this article.
The truth is that if you want to make a significant amount of money online that is sustainable and scalable, then you will have to put in the work.
You may go months without seeing any results.
No money coming in at all.
But that is all a part of the process.
In order to figure out what you need to change to be able to grow online, you need to go through the process of success and failure.
And once you figure out your mistakes and realize that you now have a better understanding of what you are doing, that is when it will all fall into place.
So do not give up just because you haven’t made any money yet. Focus on the quality of your work and content.
How is your content going to help people? What will make them want to listen to you?
I guarantee that when you have established an audience, connected them to your affiliate links and products, you will start to see the money come in.
Just be prepared to put in the work to get there.