This is one of the important articles about my online money making mindset , if you are new to this field, don't hesitate to spend a few minutes to read it, it will not make you regret later.
Perhaps in the current era of technological development, making money online is becoming a popular trend.
Everywhere you see instructions for making money online on TikTok shop, YouTube,...
However, I know many of you are still wondering and do not know exactly what making money online is and whether it is really effective or not. Or is it all just "herding chickens".
So, in this article I will reveal to you the truths about making money online that I have experienced and absorbed over the past 5 years.
From there you will have an overall picture as well as know what the road ahead is like, what you should do correctly without losing money and wasting time.
Come on! Let's explore.
What is Making Money Online?
In fact, making money online is no longer a new thing in today's era. It is becoming a popular trend and is of interest to many people.
Making money online is simply the activities that you can do on the internet to make money, from activities such as blogging , online sales, affiliate marketing, to video creation activities, livestream sales, even Bitcoin mining or Crypto investment .
All of these allow you to leverage the internet to generate a flexible source of income.
Many people are attracted to making money online because it brings many benefits such as:
- Can earn more money than traditional jobs.
- Allows remote work, no geographical restrictions, flexible working hours.
- Helps increase creativity and autonomy at work. You are your own boss.
- Easily connect with millions of customers globally, increase business opportunities and reach large markets.
For these reasons, making money online is an option for many young people, especially those who want to create a second source of income or start a business with low costs.
Not everyone makes money online
I dare you to find a Blog that dares to share this, because most of them show you a rosy picture.
What a chance to change your life, earn thousands of dollars every month, earn tens of millions in the first month, blah blah.
But I'll be frank. If it were that easy, there wouldn't be any poor people in the world, right?
In fact, making money online is not easy, I even find it harder than office work. Because when you work in an office, you just go to work for 8 hours and then at the end of the month you get paid, your head feels light without having to think too much.
But making money online is different.
Many people start with the hope of getting rich quickly without realizing that they need to have the necessary knowledge and skills. That is why not everyone can make money online, but most of them lose money to enrich others or waste precious time.
Because to be successful in making money online, you first need to have knowledge about the form of making money you are participating in.
For example: If you decide to do business Online, you need to understand how to manage an online store, Digital Marketing . If you want to blog, you need to be able to write good content, understand SEO and Content Marketing skills.
Also, to be successful in making money online, you need to have perseverance and effort. Success does not come instantly and you will need to work hard and invest time to create a successful business or high traffic blog.
It took me several months to learn skills and make money on Fiverr, but it took me almost a year to get my first commission from Affiliate Marketing .
Therefore, making money online is not as easy as you think or the nonsense clips that people say on social networks. It is just to lure you into the get-rich course.
Side story
I see that now there are many people who are naive to this extent:
Browsing Facebook real or tiktok, I see some people posting clips like:
- Storytelling is earning a few million a day from affiliate marketing.
- Earn a few thousand $ per month as a Freelancer on Upwork
- Quit your job to build a tiktok channel and earn tens of millions per month
- …
Those are the 3 most basic types of content I often encounter, and perhaps most of you will find it easy to eat and rush into trying it because the opportunity is delicious, and adding the phrase "anyone can do it" is hard to resist.
However, in this world, there is no such thing as sharing delicious food with strangers, everything has a purpose.
If you don't believe me, remember what the last part of the videos you watch is?
Selling channel building books and courses?
Then you buy who is rich?
Of course, book and course sellers.
Of course there will be some gains but the results are often not as expected, simply because you are not prepared with the necessary mindset and knowledge.
In summary, although making money online is a very attractive form of income generation, I affirm that not everyone can make money from it. You need to have the necessary knowledge and skills, along with perseverance and effort to achieve success in this field.
Of course, knowledge can be learned with perseverance and effort can be trained. The important thing is whether your will is strong and whether time allows it.
Many people are on the right track but because of discouragement they give up early and thus fail.
Popular forms of making money online today
Okay you have just experienced the harshest truth about making money online, now it is time to help you become more clear-headed by knowing the most popular, accessible and potential forms of making money online.
1. Online Sales
Online sales are considered one of the most popular forms of making money online today.
Selling online allows you to take advantage of a large number of users from e-commerce platforms such as Amazon, eBay, Shopify for foreign countries or Shopee, Tiki, Lazada for the Vietnamese market or even create your own website to sell products.
To sell online successfully, you need to choose products that match market demand and your target customers.
At the same time, you need to come up with advertising and marketing strategies to attract potential customers to the product so that more people know about it.
- You might like: Instructions for creating a sales website using WordPress with the Woocommerce plugin
2. Blogging
Blogging is also the oldest and most sustainable form of making money online that I know.
Specifically, you can write articles on topics that you are interested in and have skills in and post them on your Blog. Combined with Website SEO skills, you can optimize articles to attract more traffic to your website and make money from advertising or sales.
However, to make money from blogging you need to create quality and unique content that attracts readers' attention and creates interaction with them.
3. Affiliate Marketing
Affiliate Marketing is a very potential and accessible form of making money online. Or it is also considered a way to do online business with a capital of 0 VND in the true sense.
Specifically, with Affiliate Marketing you can introduce other people's products on your website and receive a commission when someone buys that product through your unique link provided by the partner.
To be successful with Affiliate Marketing, you need to have a large amount of traffic on your website and create valuable and relevant content about the products you promote.
In addition, you also need to choose products that are suitable for your target customers and find ways to convince them to buy the product.
For example, if your topic is about improving the quality of life at home, you can do affiliate marketing for products such as household appliances, entertainment equipment, home decorations, etc.
Tip: Combining Blogging with Affiliate Marketing will help you create a long-term source of passive income. That's also how I earned $5000 after 2 years of military service without doing anything.
4. Youtube
Youtube is a platform that allows you to upload engaging videos and earn money from advertising or other forms of integration. You can create a Youtube channel and create videos such as tutorials, entertainment or other product reviews to attract an audience.
To be successful on YouTube, you need to create unique and valuable videos for your audience, build a loyal audience, and leverage advertising strategies to monetize your YouTube channel.
5. Sell online courses
If you have in-depth knowledge of a subject, you can sell online courses to make money. Your courses can be sold on your website or on other websites like Unica, Edumall.
You can create courses on topics you are good at and have a lot of experience in such as office informatics, English, Digital Marketing, programming, etc.
To be successful at selling online courses, you need to have deep knowledge of your subject and create a course that is valuable to your students. You also need to build your personal brand and gain trust with your students.
In general, this way of making money online is quite difficult because it requires many factors such as skills and technology, but when you do it well, your income will be extremely high.
6 – Freelancer
Freelancing is a popular career for people who want to work remotely or have a high degree of flexibility in managing their time. You can freelance in a variety of fields, including writing, graphic design, social media management, programming, translation, and more.
To become a successful freelancer, you need to build a list of potential clients, find ways to reach them, and build relationships with them. You also need to research the market and your competitors so that you can provide the best services to your clients.
Currently, there are many Freelancer platforms such as Fiverr, Upwork, Vlance, Freelancerviet that help you start working as a Freelancer quickly by simply registering an account. However, as I said at the beginning, you must research carefully as well as prepare skills and knowledge before participating.
I remember there are some courses online that teach how to earn a few thousand dollars/month from Upwork, but that is an international market. So consider your English ability before joining, don’t let them herd you.
7 – Crypto Investment
This is a fairly new form of online money making in recent years, but I'll be frank.
It is only for those who have idle capital, meaning that you do nothing with the money and if you accidentally lose that money it will not affect your life, then join Crypto investment.
Because the nature of investing always involves risk.
Crypto Investing is a way to make money online through trading cryptocurrencies like Bitcoin, Ethereum and many other virtual currencies. To invest successfully, you need to learn about the market and its trends, assess the risks and make appropriate investment decisions.
In addition, you also need to understand investment methods and technical analysis tools to help you make smart investment decisions. However, Crypto investment is also high risk, so you need to be careful and only invest the amount you can afford to lose.
In short, there are many popular forms of making money online today and they all have the potential to help you build an income on the Internet.
However, what you need to do is learn, research, and invest time and effort to understand the form you are doing. From there, build quality content and send value to people to turn them into your loyal customers.
Crypto is special so pay attention to what I say.
Risks you may encounter when making money online
Fraud and cheating
This happens when you register and participate in online money making programs or websites without clearly verifying its origin and authenticity.
Fake websites, programs, or ways to make money online often promise high income in a short period of time, but in reality there is no business activity that can generate such income. They simply collect money from you through registration fees or other charges.
Technical and financial capabilities
Many forms of making money online require you to have knowledge and skills in technology, as well as investment in hardware and software.
For example, if you want to sell online, you need to have a website and knowledge of online advertising and marketing.
Producing high-quality video content requires investing in professional equipment, software, or video editing skills.
These costs can be significant and may cause some of you to shy away from paying and miss out on the opportunity.
Data loss, account hacking
Another risk when participating in making money online is when Websites and Blogs are not well maintained and secured. This can lead to data loss, website crashes, or accounts being hacked.
If you build your own website using WordPress, increase security by reading this guide .
If you use other platforms like Youtube, tiktok, facebook, use strong passwords and avoid using unknown software on your computer.
Policy and legal status
Many forms of online money making are not in accordance with the laws or policies of the platforms. When you participate in these forms, you may be punished or prosecuted for violating the law.
If you follow the methods I mentioned above, there is nothing to fear.
Also, the payout policies can be tricky. Some affiliate marketing programs may refuse to pay you commissions if they deem you ineligible or have policy violations. So you need to read the program’s terms and policies carefully before joining.
To avoid these risks, you should carefully check the information of the websites, programs or online money making methods that you are interested in before registering.
Advice for those who are new to making money online
Learn carefully before participating
Before starting to make money online, you need to learn carefully about the forms of making money online, learn about the platforms, tools and strategies to increase the efficiency in making money.
You need to read articles, watch videos and participate in forums to learn from people who have succeeded in this field.
Choose a form that suits your abilities and interests
Choosing a form of online money making that suits your abilities and interests is very important because it helps you stick with it for the long term and have a higher learning attitude.
If you love writing, then blogging, SEO writing, or ebook writing is a great option. If you are someone who enjoys making videos and connecting with others, then YouTube might be a good option. If you are into business, then online sales or affiliate marketing might be for you.
Accept reality and don't expect to make money quickly.
One of the common mistakes when starting to make money online is hoping to make a lot of money in a short period of time.
This is not true.
Making money online requires persistence, effort and time. You need to accept the fact that you cannot make money quickly and need to work hard to achieve your goals.
Some people take a few months, but others take years to get their first periods.
Always update new knowledge and skills
Technology and trends are always changing, so to be successful in making money online, you need to always update your knowledge and skills. This requires initiative and exploration to learn and apply the latest knowledge to your work.
Be persistent and give your best effort
Finally, to be successful in making money online, you need to be persistent and put in your best efforts. Success does not come to those who are lazy or give up easily. Always try and learn from your mistakes to improve and achieve your goals.
Adjust strategy if needed
In the process of making money online, you will encounter many challenges and barriers. It is important that you are always ready to change your strategy if necessary.
If a strategy isn't delivering the results you expected, adjust it and look for new solutions to achieve your goals.
Building personal brand
In the field of making money online, building a personal brand is very important. It helps you build trust and credibility with your customers.
You need to have a clear vision of yourself and create a consistent brand message to attract and retain your customers.
Plan
Finally, you need to have a clear and specific plan to achieve your goals in making money online. You need to set specific goals and take specific actions to achieve those goals.
If you don't have a plan, it will be very difficult for you to achieve success in this field.
Above are some tips from someone with many years of experience in the field of making money online for those who are just starting out. Hopefully these tips from me will help you get off to a good start and achieve success in making money online.
Conclude
After many years of experience in making money online, I can confirm that this is a great way to increase your income and shape your future. However, to be successful in this field, you need to have enough knowledge, skills and perseverance.
Before you start, learn carefully about the forms of making money online and choose a form that suits your ability and interests. Do not forget that making money online is not a way to make money quickly, it is a long process and requires perseverance and full effort.
In addition, I also want to reiterate that when participating in making money online, you need to always be careful and learn carefully before participating in any program. This will help you avoid risks and losses of time and money.
Finally, always update your knowledge and skills so as not to be left behind in this field. With perseverance and effort, I believe that you will be able to achieve success in making money online.
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