The way we work, learn and earn has changed due to the internet. Daily you are bombarded with advertisements claiming to make you money from your home, while you are sleeping and by using your cell phone. Although those are appealing claims, those types of statements make one question whether or not you really can earn an income online?
To give you the truthful answer: Yes! you can earn an income online. However, the majority of people expect to earn an income online in a certain way. Within this article I will highlight the truth versus falsehoods to help you see what actually an online income looks like.
The Realistic Ways You Can Earn an Income Online
Online income is not an impossible feat; however, contrary to popular belief, online income is not created through magic. Online income operates just like any other form of business/job. Income is generated through the exchange of time, talent, or value for money. Successful online entrepreneurs are those who take their online businesses seriously and continue to work at them consistently during the slow growth periods.
There are several verifiable means by which people have earned an income online. These means include:
- Freelance writing, freelance graphic design, freelance computer programming and freelance video production.
- Content creation through blogging and creating video.
- Affiliate marketing.
- Selling products through e-commerce or drop shipping.
- Coaching and teaching online.
- Monetizing your social media accounts.
- While each of these can be sources of income, they will require effort, education and perseverance.
Skills are the basis of making money on the internet.
The key to making money online is mastering a skill. Online income is also based on finding solutions; if you have a skill, you will be able to create income with that skill; if you do not have a skill, you can learn one.
Some examples of common online skills include:
– Graphic Design
– Copywriting
– Digital Marketing
– Designing Websites
– Video Editing
– Managing Social Media Accounts
If you improve upon your current skill set, your value to the online marketplace will also increase.
Patience and Consistency are Keys to Online Money-Making
Many beginners expect to start out earning money in a few days. While there are some people who do make money almost instantly, most successful online earners will take months of consistent daily effort before they see any significant return.
It is common for new people to start off slow, make mistakes, feel discouraged, but the one trait that separates successful individuals from unsuccessful individuals is persistence. Successful online earners have to be willing to do things over and over and improve as they learn from their mistakes in order to achieve the level of success that they have attained.
For most online earners it took them substantial time and energy to develop their skills, build trust, improve upon what they were doing, and therefore, earn a significant amount of money. Success is typically achieved through a combination of working hard and not giving up through even the worst times.
There Is a Lot of Deception on the Internet About Earning Income Through the Internet
Yes, you can make money online, but there also are many outright lies about it.
‘’You’ll Become Wealthy Immediately’’
This is the biggest lie of all. Most individuals who make this claim will only try and sell you hope and not a real solution. To be truly successful online will require a substantial amount of planning, testing, and ultimately time.
‘’You Don’t Need Any Skills to Make Money’’
If you have been told you could start earning a lot of money without learning anything, you have been misled. Even with passive income, the initial stages of creating this type of income require considerable effort and time.
‘’You Will Become a Millionaire in No Time’’
Everyone’s journey to economic independence is unique. Some will succeed more rapidly than others. Your discipline, effort, and mental attitude are much more important than trying to find shortcuts to success.
‘’You Need to Pay Me If You Want to Become Financially Independent’’
Not every course that is offered for sale is a scam, however, the majority of advertisement-driven training focuses more on creating hype than on genuinely educating individuals. Before you buy a training program, take the time to do some research and know what you are buying. Knowledge alone will not create wealth; only when that knowledge is applied will it have any significant value.
You will have to adopt a different frame of reference in order to achieve your economic goals online. You must have:
- The ability to be patient
- A commitment to continually learn
- The ability to stay disciplined and follow through with your plans
- A long-term focus
- The ability to concentrate
- Making money online is not a shortcut to financial independence; it is simply a different kind of work compared with a job.
How to Make Money Online the Smart Way
If you really want to make money online, follow these steps:
1. Choose one skill.
2. Develop that skill to its depth.
3. Practice that skill on a daily basis.
4. Provide something of value to someone else based on your new skill.
5. Remain consistent when things aren’t moving as quickly as you want them to.
6. Don’t bounce from one idea to another; concentrated effort produces results.
In Conclusion
So, can you actually make money from the Internet?
Yes, but not by pursuing unrealistic dreams or believing in everything you read in the ads, and certainly not by thinking you can get rich overnight without doing any work.
- Here is the bottom line: The Internet rewards people who invest time and energy into developing their skills and employ those skills to earn a living.
Your online business can change your life if you treat it like a “real” business. It will only disappoint you if you treat it like a “lottery”.
Get started smartly and stay focused, and allow time to work for you.
