If you’re looking to make money online, you should be looking to bootstrap. Bootstrapping is hard. It isn’t fun. It can feel like it’s taking forever. But it still works. It’s how people across the world get rich. It’s gotten a bit harder, as asset prices have risen. But if you can outlast the competition, you can still make it somewhere good. So, if you’re looking to make money online and are thinking of paying for a super overpriced course (more than say, $400) or a turnkey business. Don’t. There are a lot of reasons why hunkering down, being “cheap”, and bootstrapping your business is the best option.
There are a lot of scammers online
It’s way easier to make money scamming people than it is to make money doing the right thing. If you’re looking to make money online, the people looking to sell you the solution for big money, are probably looking to scam you. If you’re looking for a mentor, you’re going to look for stuff that makes sense, is simple, and is theoretical. Nobody is going to spoon-feed you the key to $1M per year in income. A lot of online money-making gurus have never made a cent online. They have no idea just how skilled and knowledgeable you need to be.
A lot of the information offered by non-scammers can be found for free
This is honestly the main reason you should avoid paying for online money-making information. You just won’t have to pay if you do your research and learn. The basics of making money online simply haven’t changed. The job is pretty much the same as it used to be in the past, we just have more video content and less paid media.
Owning your own organic marketing channels is key
A lot of the business gurus who are selling you solutions are not going to do the hard work that it takes to build an audience. They’re going to teach you strategies which may or may not work. What you want is to understand the internet well enough that you know how to make money online no matter what happens. You want to feel as though you have multiple options. This will only happen when you understand organic marketing along with ecommerce.
Building your own business is key
Learning how to build your own business is the key to getting strong. If you can build your own business from scratch, you’ll feel far more confident and at easy than otherwise. If you buy a turnkey business, you run the risk of making a lot of money without knowing what you’re doing. If things fall apart, you’re back at square one.
The one thing you should pay for
If you’re going to pay for one thing when it comes to making money online, let it be mentorship. Mentorship from someone who you know is succeeding. Learning from a mentor’s mistakes can be a lifesaver for those looking to start online businesses. You’ll save years of time. Look for someone who’s been consistent, and in the game for a long time. If they’re surviving and happy, they can make for a good mentor. This is where it gets tricky. The easiest way to get a good mentor is to pay them, but they need to be trustworthy. Choose wisely, and don’t overpay. Explore multiple traditional and nontraditional career options. A good mentor won’t build a business for you. They’ll just tell you what to do.
Reinvestment: A necessity in online business
When it comes to maintaining operating expenses, you’re going to want to be investing your money into your business. You want to get as much revenue as possible, as fast as possible. This means that you’re going to want to spend money on business expenses. That’s not what this article is about. This article is about avoiding making payments to gurus, snake oil salesmen, and charlatans. There are no shortcuts when it comes to make money online. You need a skill.
After a year of blogging, I can confidently say that it’s very possible to make money online. You just need to be consistent and hardworking. It’s not easy, but you will prevail if you put in the time and effort. Google picks up pretty much everything that’s decently written. You just need to put out the content, and you’ll get some eyeballs. Those eyeballs will come in for a long time. At least, that’s how things are right now. Take advantage of this fact to save money.
Thanks for paying attention.
