7 Best Ways To Make Money In 2018

Making money online is your best bet.

If you look around, you’ll notice that everyone is paying attention to their phones. At the subway, restaurant, or school, nobody can resist using their phones.

It’s become like an extension of the body. Everyone is consuming.

This shouldn’t push you to consume too. Instead, you should sell. You need to take advantage of the fact that almost nobody uses the internet to make money.

This means that almost nobody has realized of the marketplace that exists in their pockets.

In this guide, you will learn of ways you can take advantage of then internet in order to make a great money.

1. E-commerce

This can be in the form of drop-shipping or your own product.

In 2016, retail e-commerce sales in the U.S. amounted to 322.17 billion dollars!

We’re still in a period of time where anyone can become an authority on the internet.

Take advantage while you still can.

2. Affiliate Marketing

 

Affiliate marketing is when you advertise a product on your space, and whenever someone buys it from your ad, you get paid a commission.

Here’s how a description on what it’s all about 

 

3. Blogging

Blogging can be a painful way to make money. You don’t see any income for the first months, or even years.

But if you’re patient, it becomes an awesome income of stream. You’re loyal fanbase will provide multiple streams of income for you, you just have to be creative!

Click here if you want to learn the technical aspects of making money off a blog.

 

4. YouTube

Daniel Middleton (DanTDM) managed to rake up $16.5 million off of YouTube in 2017.

This shows you just how great your own opportunity is.

You don’t have to be THE YouTuber, you simply have to be A YouTuber.

Views is just one part of the income, you can sell merch, you can affiliate market, and you can get sponsored by brands!

 

5. Etsy/EBay

Recently, I saw some shoes at Ross. They cost me $40, and when I looked them up online, they were actually worth $100! I sold them online for $90 and made $50 doing virtually nothing.

 

Even though Etsy and EBay are completely different marketplaces, they both allow you to sell stuff from your home and make a solid amount of income.

 

6. Selling a trusted product

You should do this by creating an online presence.

Whether it’s Instagram, Facebook, or YouTube, you have to choose a platform and give out free advice.

Teach people how to do yoga, play tennis, run faster, etc. Solve a problem, then create a product that solves that same problem.

Sell it to your audience, and as they already trust you, you will probably make immediate sells.

 

7. Paid consulting

This goes hand-in-hand with the trust.

First you create trust with your audience, either by building a solid profile or an online presence.

Then, once they go to you as an authority in that subject, you charge a monetary price to consult with them.

Let’s suppose it’s online marketing. If I teach you how to market for free, you will trust me.

One day, if I ask you to exchange personal, one-on-one advice and help for your money, chances are you’ll want the help, even if it comes at a price.

Customers want to trust you before they give you their money. They need to know that your stuff works before they give you a part of them.

Make sure to subscribe if you want to be one of the few that take advantage of the internet’s potential!

What is a Dividend In The Stock Market?

Warren Buffet earns around $6,731 per minute in dividend income.

Yes, per minute.

104306820-Warren_Buffet.1910x1000.jpg
Courtesy of CNBC

“A dividend is a distribution of a portion of a company’s earnings, decided by the board of directors, paid to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock, or other property.”

For example if you own shares of company X and they are consistently earning profits, they will hand out a dividend of 50 cents per share you own as a thanks to it’s shareholders for all the help and support.

Make sense?

The awesome thing about owning stocks that give out dividends is you are earning an income from two sources which is why they are so attractive to investors like Warren Buffet.

The first source of income from owning the shares while they’re rising in price. (hopefully)

The second source is earning income from the dividends being handed out, which are usually in the form of cash.

They are very popular in retirement funds because the dividends provide a nice source of income.

Some popular companies that hand out dividends are Wal-Mart, Costco, and Microsoft.

Start doing some research on potential companies that will give you returns both in the market and from dividends so you can start earning more.

Feel free to comment any questions below!

Sources:

The Motley Fool

Investopedia.com