I got a great question from Sharon on how to make money online, who asked:
I’m a stay at home mom that has more free time now that my kids are back in school and I’m considering using the internet as a way to make money online but I’m not sure how to get started or what I should do.
I don’t really have any talents and my skills are pretty basic. I’m not a great writer but I think I can learn. What would be your best suggestion for making money online for someone like me?
Great question Sharon
Even though you don’t have any real talents or skills, there are still lots of ways to make money online, but what’s most key is that you’re willing to learn
Unfortunately there’s no one size fits all or a magic business that everyone will find success with, but if you can follow a few easy decision making steps, you can get a good handle on what might suit you and know if it will be profitable.
Find a Profitable Niche
If I’ve learned anything from being online these past several years, it’s having a niche focus.
It doesn’t matter if you’re selling your own products, promoting other people’s products, creating digital products, blogging, offering services, advertising, whatever it is, find a specific niche. Trying to be all things to all people will diminish your success.
Take for example topics like cooking, gardening, sports, beauty, finance, and weight loss are much too broad. To be successful and make money online you’ll need to find a much more niche focused topic
For example, weight loss is a very broad topic, but weight loss for women over 50 is much more niche focused. It will attract a smaller audience will be easier to connect will making it easier for you to get them in touch with the products or services they need and will be most interested in.
So how do you find a good niche that will make money online?
Start with what you already have an interest in or what you already know.
What do you like? Do you have hobbies, life experiences, or personal remedies others would love to know? Are you crafty? Do you like to write? Once you have a niche idea, it’s time to do a little research to find out if your idea will be profitable or not.
Here’s a free report I created that’s designed to help you find out if your niche idea will be profitable:
Next you’ll need to decide how you want to make money with your niche idea. In other words, do you want to create an ecommerce web site and sell your own products, do dropshipping, promote products as an affiliate. become a blogger, offer a service, etc.?
Ideally you’ll want to choose a business model that you can easily start, fits within your budget and fits your lifestyle.
My Best Suggestion For How To Make Money Online for Newbies
In my opinion, blogging is an ideal place to start for a newbie. It’s one of the easiest way to create a professional looking site that’s interactive and helps you make use of all the socializing methods that are so key to being successful online.
I personally recommend creating a self hosted WordPress blog as opposed to going with a blog like blogger.com if you’re serious about making money.
Sites like Blogger have are restrictive and because it’s not a blog you own, you are vulnerable to being dropped if you don’t fully understand their terms of service.
For more information on how to get started blogging, here’s a post I did that will give you some ideas for getting started. The sooner you start, the faster you’ll begin making money
Once you’ve created your blog, you can make money with just one of these things or with all of them:
- Affiliate marketing
- Creating a membership blog
- Selling services
- Creating and promoting your own ebook
3 Basic Foundations for Making Money Online with any Website or Blog
Create Awesome Content
You website or blog MUST have great content. That is, content that your readers find value in. One of the biggest mistakes new bloggers make is brushing aside the importance of creating high quality content. This means your content has to be useful or is solving problems for people. It should be inspiring and give your readers something they can act on. With out that your readers will go elsewhere.
Go where your readers are and get in front of them with what you are writing. You can most effectively do this by commenting on forums related to your niche and make social comments on sites like LinkedIn, Google+, Facebook and Twitter. These are all places that people hangout. Type in your topic’s keywords and seek out others that have the same interests.
But one of the best promotion methods I use for promoting my blog and getting more traffic is guest posting on other blogs. This method is outstanding for bringing visitors to your blog and expanding your reach within your niche community.
Get Connected With Your Niche Community
You want your blog to be a place where readers can hang out. It should be where readers feel ownership and can interact with each other. Keep on top of what your readers want to know by knowing who your readers are and what kind of information they want.
How you make money online can only be your decision, but it really doesn’t matter what you decide to do. Of course it should be something you enjoy, but your success will ultimately depend on how dedicated you are, how open you are to learning the strategies and methods for making money, and your ability to stay focused.
Thanks Sharon for that great question!