What's the best way to make full-time income online?

by 55 comments
ok... everyone has techniques and strategies to make money online. Some do affiliate marketing with Amazon and Clickbank. Some venture into MLM. Some do Ebay. Some do just Adwords, Some do Article Marketing, some do Blogging and I'm sure there are many other ways.

If a college student came up to you today and said: "hey, I don't have very much money, but if I were to look at making some money online, perhaps a full-time income... what would you recommend I do?"

Look forward to your thoughts and BTW... I do have a daughter in college that asked me this question. I do have some ideas, but I'd like to see what others think on this as well. Thanks
Last edited by AskScottOBrien on September 16, 2011 at 12:31 PM. Reason: add tags
#personal development #business #income #make #marketing #online

  • Profile picture of the author adrwcav
    Making money online is a simple process, but its not easy. A successful online career comes down to 2 things. Generating leads, and then converting those leads into sales..just like any other business. Now, successfully doing those thing can be quite complicated for some, especially if they don't know where to start and don't have any $$ to get started.
  • Profile picture of the author genhorrall
    Hey Scott,

    Okay so this is the question I would ask any college student that wanted to start an online business and wanted to create an income for themselves. First how much time are they willing to invest in their personal training. There is a difference between a college education and a marketing education of how to run and work a business online.

    I would recommend that they get the books Think and Grow Rich, Rich Dad Poor Dad, and How to Win Friend and Influence People. Once they had done all of that and had shown that they were interested and willing on working their personal development then I would find out about the the things that interest them. Is there something that they know how to do that is a solution to a problem in one of the areas that interest them? If so I would suggest that they start blogging, writing articles, making youtube videos about that subject. It really depends on the thing they are good at writing, audio, or video. There are ways to use any of these as your first time on line.

    Then I would look for a product that fits in with the solutions that they are offering to their audience. It can be an MLM, network, direct marketing product or an affiliate product it makes no difference. Then I would tell them to learn how to use one form of social media really well and start to put up links to their content. Presto the early beginnings of a business built to add value and service to it's market. A young person that has learned to build great relationships with their customers and clients, because they want to add value and knowledge to their clients.

    This may take longer than a couple of weeks or even months for them to build but it would definitely expand their horizons especially if they did not expect instant results, but were looking at it as a way to build skills and knowledge in the field of working for themselves. Truly only the ones that are dedicated will succeed, because they will be the ones to learn new skills and keep growing and serving others.

    I hope this helped. This is just what I would do. And just so you know, that I practice what I preach I make my kids (8,8, and 1) watch mindset videos and the like to let them know there is nothing they cannot do if they are willing to learn the skills to do it. =D
  • Profile picture of the author AllanJames
    Originally Posted by AskScottOBrien View Post

    ok... everyone has techniques and strategies to make money online. Some do affiliate marketing with Amazon and Clickbank. Some venture into MLM. Some do Ebay. Some do just Adwords, Some do Article Marketing, some do Blogging and I'm sure there are many other ways.

    If a college student came up to you today and said: "hey, I don't have very much money, but if I were to look at making some money online, perhaps a full-time income... what would you recommend I do?"
    Well my experience (over the 4 years it took me to dump my offline businesses and 'retire' to work from home) indicates that success requires:

    1) An emotional goal.

    2) A long term view.

    3) Reasonable expectations of what's possible.

    4) A willingness to learn.

    5) Consistent action to meet achievable goals.

    6) A mentor.

    Why should success in internet marketing be easier than becoming successful in any other profession? It isn't. But, I can tell you IMO, the rewards are much better.
  • Profile picture of the author Joe Mobley
    Scott that's a fair question. One of the reasons that this is not simple to answer is that someones personality has a huge influence on what, and how they do.

    I hate, no HATE article writing but that does not mean that you can't make good money writing on the 'net.

    That being said, one of the quicker ways to make some fairly good money is to build websites for offline businesses. The whole business can be ran via the 'net.

    If you are interested in more input, just ask.

    Joe Mobley
  • Profile picture of the author ahabcans
    You have to understand what is internet marketing first. I would suggest you will study SEO first. You can work clients if you want.
  • Profile picture of the author DenRich777
    I know some people who now make 7 figure income online who had no money to start with. There are too many free tools online available to anyone to start an online business, only thing required is good old fashion work, as long as someone's not looking for a "get rich quick" answer. It takes 1% inspiration and 99% perspiration to succeed in anything, even talent alone isn't enough. So..to start an online business is very very low cost if not free for anyone who can get by a little with computers.
  • Profile picture of the author David Ogden
    Originally Posted by AskScottOBrien View Post

    If a college student came up to you today and said: "hey, I don't have very much money, but if I were to look at making some money online, perhaps a full-time income... what would you recommend I do?"
    I think the starting point would be to pick on something they had an interest in and they have some knowledge about and then learn the principals on how to market on the internet. They need to spend some some researching their area of interest looking for opening to exploit and earn money.

    Find out what people are looking in this area of interest, research on popular keyword phrases. I would then suggest buying a domain with their name and set up a blog perhaps on a subdomain to start writing posts. It would help if they could get some personal mentoring.

    Overall a budget of less than $100 per month would enable them to achieve success within three years.
  • Profile picture of the author Mary McLean
    What a Great Question Scott!

    I like what Genhorrall said overall, but I think I'd also add a bit about their reason why, how much income they want, give them as many stats as I could and and get them to work out their exit strategy, based upon all that data.

    That sorts them out real quick!

    As Bill Gates says about the 10,000 hours it requires to gain the needed skills to excel in any field, online or offline, he added...

    "They must possess an almost fanatical attitude" towards their goal with a work ethic to suit, in order to succeed as an expert in their field!

    I guess it depends upon what a full time income means to the individual too.

    But if it meant $5,000 a month, most people would be happy to settle somewhere between Skill Sectors 3-4 and stay there!

    Kindest...
  • Profile picture of the author hardraysnight
    I think the best way would be to Ask Scott O Brien
  • Profile picture of the author Brandon Mack
    Hi Scott,

    Everyone is good at something it's just a case of finding out what it is, then create your own digital information product.

    Once created I created another and another, granted it takes time, but only about 4 weeks from start to finish for my first product, which I then setup a separate website dedicated to the product.

    Once I had made a number of sales I then made it available for affiliates via clickbank, and then started the process over again with my second product and so on.

    When sales began to plateau I then listed them on eBay which was slow to start but once your listings are created correctly off you go.

    Although I do have a large number of other sites using OneLung and MP Mage systems, not forgetting a few Googlesniper sites. But strangely I get a large amount of enjoyment and satisfaction from creating my own digital information products and in some cases if I need to use my time in other areas I will have someone else write it for me.

    Best Regards
    Jack
  • Profile picture of the author NathanBai
    Look at multiple income streams boss..hit me up
  • Profile picture of the author bizlinkx
    I would always recommend e-bay as the place to get your feet wet when it comes to selling online , its how I first started selling things on-line and it helped me to build up my confidence to sell other things.

    Although I no longer use e-bay as an income source it can be the best way for anyone to get started.
  • Profile picture of the author geego
    If i were to be asked that question. without thinking twice i would straight away recommend Plug-In Profit Site which is made possible by Stone Evans. It costs less than $10.00 to start and has lots of residual income
  • Profile picture of the author AskScottOBrien
    Wow... I take a day off and came back to some great imput! I hope this info can help others looking to supplement their income online from home. There is nothing more satisfying than walking down the hall to go to work.

    I think I read where somebody wrote... pick one thing and stick with it until it works. I can't agree more. Too many people online quit too soon. The mentality off trying something for a few months and quitting or cutting your losses before it gets any worse is bad.

    I know when I opened a flooring store back in the early 1980's... there were days sometimes when nobody walked in the door. After 6 months, I was ready to quit and find a job. The income I was making was pathetic. But I stuck with it anyway cause I really wanted it to work and I saw huge visions for the future. By the early 1990's... our annual sales climbed into the millions, we build a new 10,000 sq ft showroom, we had a fleet of truck and many employees. We were well known and people came from all over to buy flooring from us.

    Just Imagine if I would have quit in that first year.

    Don't Quit... If you love what you do and you have a vision... you will make it work and nothing will stop you!
  • Profile picture of the author abundantlife
    Scott, thanks for asking the question. It stirred up many great posts and ideas from people who are obviously "making it" marketing online. I'm sure that there will be many future readers who will benefit from your question and the comments it inspired.
  • Profile picture of the author Nereah
    Originally Posted by AskScottOBrien View Post

    Wow... I take a day off and came back to some great imput! I hope this info can help others looking to supplement their income online from home. There is nothing more satisfying than walking down the hall to go to work.

    I think I read where somebody wrote... pick one thing and stick with it until it works. I can't agree more. Too many people online quit too soon. The mentality off trying something for a few months and quitting or cutting your losses before it gets any worse is bad.

    I know when I opened a flooring store back in the early 1980's... there were days sometimes when nobody walked in the door. After 6 months, I was ready to quit and find a job. The income I was making was pathetic. But I stuck with it anyway cause I really wanted it to work and I saw huge visions for the future. By the early 1990's... our annual sales climbed into the millions, we build a new 10,000 sq ft showroom, we had a fleet of truck and many employees. We were well known and people came from all over to buy flooring from us.

    Just Imagine if I would have quit in that first year.

    Don't Quit... If you love what you do and you have a vision... you will make it work and nothing will stop you!

    Thanks, its quite inspiring, as you say focus is everything.
  • Profile picture of the author David Ogden
    Originally Posted by AskScottOBrien View Post

    ---
    I think I read where somebody wrote... pick one thing and stick with it until it works. I can't agree more. Too many people online quit too soon. The mentality off trying something for a few months and quitting or cutting your losses before it gets any worse is bad.
    Scott that advice is great and once you get it working you can think about adding other income streams and repeating the process again and again until you are happy with the income. I will generally work a new business for a minimum of six months and provided I am making sales will continue until it is profitable, I think over the time I have been working online I have only had one business which failed to produce a $.

    I do not know what I was doing wrong it just did not work for me, in fact I spoke to my up-line and they were puzzled as well, so I guess one cant win all the time.

    When you are working you must treat a business as a business not a hobby, set hours of work, be organised and develop a daily routine for marketing, answering queries following up leads etc.
  • Profile picture of the author AskScottOBrien
    Originally Posted by David Ogden View Post

    Scott that advice is great ...and When you are working you must treat a business as a business not a hobby, set hours of work, be organised and develop a daily routine for marketing, answering queries following up leads etc.
    Right on David... if you or anyone here watches Dr. Phil at all... he has a line he says all the time. It fits in just about everything we do in Life whether you're working on a marriage, trying to quit an addiction, teaching your kids right from wrong or even starting a home business and making money online.

    When people ask Dr. Phil: "how long should I do this?" His answer is always: "you do it until. It could be a month, it could be 6 months, it could be a couple years, but if you want this to work... you do it until". Every situation is different and there is no set time how long it takes.

    Do it Until and Success will Find YOU!
  • Profile picture of the author Digital Marketing Agency
    One of the good way to have a full time job online and earn money from home is SEO and content writing. SEO today is getting common and prominent thus many website owner looking for a good and competent independent SEO specialist who are able to work from home.
  • Profile picture of the author bradmarcus1
    I would have to say the best, easiest way is affiliate marketing. Promote other people's products and earn commissions. But understand, you have to be persistent and consistent with your marketing efforts. Don't think you're going to get rich overnight.

    To Your Success,
    Brad Marcus

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