How can I make money online? Wrong question.

by Kurt
18 replies
One of the most common questions asked on the WF is "How can I make money online?".

If you're new to IM, this isn't the question you should ask first. Instead ask yourself, "What value can I give to people?" If you can't add value to someone's life, you can't make money.

Can you do something others either can't do or don't want to do themselves? Can you entertain people by playing music or making them laugh or creating a game for them to play? Can you teach them something they don't know? Can you help solve a problem they have?

If you can't answer "Yes" to any of these questions, you need to focus on these BEFORE you ask how you can make money. Your priorities are out of order.
#make #money #online #question #wrong
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  • Profile picture of the author GordonJ
    Originally Posted by Kurt View Post

    One of the most common questions asked on the WF is "How can I make money online?".

    If you're new to IM, this isn't the question you should ask first. Instead ask yourself, "What value can I give to people?" If you can't add value to someone's life, you can't make money.

    Can you do something others either can't do or don't want to do themselves? Can you entertain people by playing music or making them laugh or creating a game for them to play? Can you teach them something they don't know? Can you help solve a problem they have?

    If you can't answer "Yes" to any of these questions, you need to focus on these BEFORE you ask how you can make money. Your priorities are out of order.
    How is money made online with Internet Marketing? Same as offline, an exchange of value, most commonly money for the thing or service.

    Value is both agreed upon and a perception. If agreed upon, a transaction is made.

    The THING or service one offers can be your own, or belong to someone else as in affiliate or ecom marketing.

    One can CREATE, one can ACQUIRE, OR one can be the middle person.

    Just my opinion, but too many Warriors come not only asking the wrong question of us, but they haven't asked themselves, "What do I want and WHY?"

    These two questions begin a self assessment, which should include an examination of experiences, expertise, knowledge, skills or lack thereof.

    How can one know what they have to offer the marketplace unless they self assess?

    So, that might be the most logical first step to learning how to make money online.

    GordonJ
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  • Profile picture of the author Jeffery
    In my experience, the majority of people that ask "How do I make money online" have little to no background in offline business and little to no formal education in business,

    Conversely, in my experience, a small minority of the people that ask the same question do in fact have a offline business background and a formal education in business.

    Both types, the majority and the minority, have little to no background doing business online.

    We do not know their background and education unless they tell us upfront or we ask.

    When I am asked "How do I make money online" I always reply with something like "You are really asking one of two questions that I can attempt to answer: "How do YOU make money online?" and "How does everyone make money online?"

    The first question is the most difficult because the person asking the question is in the majority, i,e. little to no background in offline business and little to no formal education in business. The answer to that question requires asking more questions. Unfortunately, the majority does not want to answer questions, take a personal assessment, etc.

    Rather then ask them to answer too many questions at once I know it is best to ask one or two questions at a time. Otherwise, too many questions at once overwhelms a person with little to no background in offline business and little to no formal education in business.

    re Gordon, When asked "What do YOU want and WHY?" I know it is best to ask this first with an explanaione something like "I ask so I can answer your question." That at least conveys that someone is here to help.

    The most common answer is something like "I want to make money to improve my lifestyle." That is reasonable and again the most common answer.

    That answer, in my opinion, is the best time to ask them to do a little personal assessment, etc. again without overwhelming or pushing them to the point of information overload.

    Simply ask simple questions and will more than likely get simple answers. That unto itself is the opening to asking more important questions without overwhelming them and overloading them with information.

    Beginner crawls, Beginner steps, Beginner runs,

    Unfortunately, all of the so-called members that do not know enough or do not care enough or only want to increase their port count or only want to expose their signature or quote other people will infiltrate the thread and distract a person with good intentions to the point of endless confusion,

    Answer to that? Solutions to that?... Report the bad guys!
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    Just have to warn them that the Off Topic forum is like "You can always log out, but you can never leave,"
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  • Profile picture of the author amjadshuvo
    Normally, online is the place of providing information. Most of the earners from the online use of the technique. The information can be entertaining, persuing and reviews on any products or any medicine.

    The process of earning is based on the web site. a fresher should know the nitty-gritty of design, development, SEO superficially before starting a business. Otherwise, it will be tough to earn. One must know that an internet marketer must know that gaining in this field is not easy processes. One has to go through a pain period.
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  • Profile picture of the author tryinhere
    I thought making money was easy online n all, I was reading the banner above this post, it says I can make 10K a month in 60 days or less, any mug can apply here.

    Endorsed by the warrior forum logo and comes with a risk-free guarantee. What more is there to it than that

    Shut up and take my money.

    (Just need to ignore the fake profile pictures when handing over your dollars and you will be all good)

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  • Profile picture of the author amjadshuvo
    persuasion is the most valuable term in the marketing sense. What do you think ?
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  • You are correct in stating that the, "how can I make money online?", questions are like putting the cart before the horse.

    Can I market a product or service offline and online, that other online or offline shoppers are willing to buy from me?

    Marketing is the key factor in making online sales. Without proper marketing, making sales online are virtually impossible. By perfecting your online marketing skills, you will ensure that you will have a sustainable online business. If you are able to master becoming an online marketer, then you'll be able to market and effectively sell your own products & services online, as well as other product creators products and services.

    Marketing is an integral part of making money online.
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    • Profile picture of the author DABK
      I am going to disagree: it is a good start question. The answer to which is: by giving people something they value/ adding value.

      Then, you go to the next question: where/how does someone add value? And, now, we are off to the races.

      Your question really is for people who have some idea about how to make money without being someone's employee.
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  • Profile picture of the author Jay@Walletero
    I couldn't agree more. Asking "how do I make money online?" is too broad of a question. You can make money online many different ways.

    Some of these ways are more like a job (and can lead to one set of answers to the question) and some other ways to make money online are closer to the definition of a business.

    For example, you can easily make money online by becoming a freelance writer. But is that an online business? Or is it more of a job? On the other hand, you could work as an affiliate marketer, driving traffic to your site through content, social media and ads and make it scalable. That would resemble more of an online businesses.

    So when you ask: how do I make money online? you first have to think what your goals are. Are you looking for a job, a side gig, or a business? Knowing that and knowing the value you can bring to the table can help you narrow down your scope.

    Jay
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  • Profile picture of the author ChrisBa
    Agreed.

    I find there is also a correlation with the level of detail in a question and the likelihood of someone listening, executing and eventually finding success.

    Whenever someone asks such a broad question like "how do I make money online", "where do I get free traffic", etc. Most of the times there is no thought or research behind them and normally these people are just tire kickers.
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  • Profile picture of the author developersadique
    You can earn money online by doing hard work. That's what I would like to suggest to you. I being a techie blogger can say u that
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  • Profile picture of the author johnben1444
    I disagree with you on this.

    If they already have an idea they certainly won't ask such questions.

    Everyone is free to ask "how can I make money online" if you haven't found a clue on what to do.

    It's the starting point.
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  • Profile picture of the author spartan14
    Genyus this its the way .Before you think to make an online business think on how you can help people
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    Find out my best method to make $200-$300 daily with affiliate marketing
    Atention : Not a quick rich scheme ,takes patience, consistency and some work also
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    • Profile picture of the author DABK
      Why?

      You can start in many places.

      How can I make money online? is as good as any other.

      What you do next, then next, then next matters.

      1. How can I make money online?

      2. Sell people something no one else is selling or for lesd or better quality?

      3. Sell sport shoes as good ad Nike's for a fraction of the cost?

      1. How can I help people?

      2. Hook them up with something they need or want for less than anyone else or for the same price but better quality?

      3. Sell sport shoes as good as Nike's for a fraction of the cost?

      Originally Posted by spartan14 View Post

      Genyus this its the way .Before you think to make an online business think on how you can help people
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  • Profile picture of the author Joseph Lewis
    For what it's worth, the internet is constantly evolving, so a method that worked a few years ago may no longer work. So it's possible for people who made money in the past to be at square one with the rest of the group.
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  • Profile picture of the author cheese1688
    If you are new to IM, it means you are NEW to IM and you should NOT think about how to make money, because you won't make any money. It's totally the wrong mindset. It's like trying to play soccer first time and thinking how could you score a goal, many goals. Just learn. Learn and do simple tasks like buying domain, installing wordpress, read about affiliate marketing, read about SEO, read about the topic you are interested in the most. Do NOT expect to make money, not in your first month of IM career, not even in few months.

    People think that IM world is easy and simple, but in reality, it's totally different, there are so many roadblocks, fails, scams and you really need to build up your mindset first and building a mindset takes time, for me personally it took almost 8 years to finally see the IM world without pink glasees, after so many fails and tears and moments when you think that IM is totally not for me, after spending thousands of dollars (not spending, but lossing), after huge debts, problems in personal life, I finally understood how IM world works and how to be successful.

    Take care and don't give up, ever.
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  • Profile picture of the author IGotMine
    In reply to people who ask such broad, easily Googled questions like "How can I make money online" my answer would be, "You can't."

    A huge factor in success is research.

    A Google search for the query will bring up many, many ways it's possible.

    If you're not smart or motivated enough to do independent research, you don't have a chance.
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  • Profile picture of the author captaincurly
    I just got started in internet marketing but that doesn't mean I'm new to marketing online. If you're looking to make money here think about it like any other thing you would approach and come up with a plan to generate an income. Don't think there will be some magic method. You have to sell a product or service and you have to find the right audience to market your product or service to. There are plenty of great resources here on the WF and I'm looking forward to learning more from all of you!
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  • Profile picture of the author Marian
    When I see most of the top offers/products at W+ for example, I see it's really very easy to make tons of money online

    Marian
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