- Level 1 - Getting Started
How Will YOU Make Money Online?
The reality is that there are many ways to make money online! The problem is that people often get distracted by the "latest and greatest" product or service and they are never able to build a successful (and revenue generating) business as a result.
Today I am going to run you through one of the most fundamental, yet powerful processes of generating revenue online.
It is a proven process, it is one that we use, and one that 100,000's of other Wealthy Affiliate members use. It is also the ultimate "making money" process that worked 5 years ago and it is going to work 5 years from now (and beyond). It is a process that will reveal as much opportunity in the massive online world as you are willing to work for!
It is called Affiliate Marketing.
But, just one thing before you get into the MONEY "stuff"...
The making money part of your business won't happen quite yet.
Before you earn money, you are going to first be focusing on creating your niche website (which will take place in the next two lessons) and are working to get traffic to your website. Without a website, without content, and without traffic, the MONEY part simply doesn't happen.
So don't look at this like a race. You will reach success and a great deal of it, but before you build your own personal SKYSCRAPER of a business, you must first have a solid FOUNDATION to build it on. That is going to be our first goal within the Getting Started training. Cool?
Alright, let's continue on! :)
Below is a video walk-through of today's lesson and the process of "How to Make Money Online - The Process Explained". Just click the PLAY button to watch it!
In the coming days you are going to be working through this process and by the end of this Level 1 training alone, you are going to have an awesome foundation in place that will lead you to much greater success.
Task #1: Understand the Make Money Process
There are MANY different ways that you can earn money online and many different ways in which you can build an entire business. The most lucrative and the one that we have been teaching here at Wealthy Affiliate for the past 14 years is Affiliate Marketing.
Below is a diagram outlining the process of making money through affiliate marketing.
There are now over 4.75 BILLION people online as of 2022 (YOUR audience) and these people are going to search engines, social media, or visiting websites for help all the time.
These people are looking for information, solutions to problems and to buy stuff.
That is where you are going to come in with your website and help these "audiences" by offering them information about what they are looking for. You will be "helping" these people, recommending products/services they can benefit from, and you earn affiliate commissions ($$) as a result.
There are over 550 MILLION products/services that you can promote as an affiliate marketer. The opportunity is incredible and it is only growing!
By Lesson 4 of this course you are going to have your very own "niche" website in place that you will use to connect with your chosen audience and make money with. You will have your very own slice of the internet opportunity.
Task #2: Create (Write Down) Your Financial Goals
You want to earn revenue right? That is great! In order to earn anything however, you need to have some goals in place.
In this task we want you to join in on a "money goals" discussion here at Wealthy Affiliate. You are going to be telling us what your goals are and going forward, we are going to be helping you achieve these very goals!
QUESTION #1: How much money would you be happy earning?
QUESTION #2: How much would you be ecstatic (ie, really excited) earning?
QUESTION #3: And how much TIME are you willing to invest to achieve these goals?
PLEASE make 100% sure that you do not skip this step and you revisit this post regularly when you are in need of some motivation. I can absolutely assure you that if you work hard at this and you are persistent towards these goals, you will achieve them. But ultimately it is UP TO YOU!
JOIN DI$CU$$ION: What Are Your "Money" Goals?
In addition to this, it would be wonderful if you commented on someone else's goals they have posted within this thread. Aim to comment on at least TWO people's goals. You likely can network with many other "like minded" people here at Wealthy Affiliate and this is a good way to get your networking efforts rolling. We are a friendly bunch here at WA!
If you have any questions about any aspect of the make money process, feel free to leave them in the comments below.
Awesome, off to the next lesson now where you will be "choosing your niche"!