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all 107 comments

[–]andre1sk 145 points146 points  (10 children)

You can make money online by running a blog on how to make money online :)

[–]kopelevitch 8 points9 points  (0 children)

"Digital Entrepreneur 101": sell a course teaching how to sell a course.

[–]NH_2 4 points5 points  (0 children)

Plot twist!

[–]freestylelifestyle 2 points3 points  (0 children)

Its frusting as a web developer, my customers have brought into the rubbish that some of them spout. ( not all rubbish ). Also the advice is not always applicable to their usage. Often they will trust what they have said over me...

[–]always_legendary 1 point2 points  (0 children)

And then there will be other people posting “I never make money online by reading your blog” lol

[–]alexdiazleal 45 points46 points  (5 children)

Well, Reddit has saved me from total lack of income due to illness. While I haven't made a fortune I can tell you that many subreddits here are a blessing. I have indeed made money online , maybe just a little, but indeed I have.

[–]nimrodrool 5 points6 points  (4 children)

Any subs recommended?

[–]alexdiazleal 44 points45 points  (2 children)

Workonline, beermoney, slavelabour, forhire, freebies, paidstudy

[–]MoneyManIke -1 points0 points  (0 children)

Pretty much companies that pay slave wages through loopholes and take advantage of people who are disabled or can't work traditional jobs due to some other reason. Some as bad as pennies an hour for work where you do unpaid training and employers can reuse payments post work.

[–]shaun-m 9 points10 points  (0 children)

/r/juststart is decent if you want to try building your own websites to earn from affiliate or display ads.

[–]kilik2006 39 points40 points  (4 children)

The best way to get rich during the California Gold Rush was selling mining pans...

[–]Senryoku 21 points22 points  (1 child)

So you’re telling me to sell bitcoin wallets to people?

[–]jump101 1 point2 points  (0 children)

You got me thinking now lmao.

[–]TeighMart 2 points3 points  (0 children)

Wow, that is a fantastic business quote. Thank you.

[–]elf25 0 points1 point  (0 children)

Jeans, denim jeans actually. See Levi’s

[–]Ibzywibzy 13 points14 points  (7 children)

So true.. If you want to make money online then you just gotta take action.. Check this blog out about the reality of making money online.. hits the nail on the head http://nobsinternetmarketer.blogspot.co.uk/2017/12/making-money-online-it-all-starts-with.html

[–]HabitsForSuccess 4 points5 points  (2 children)

Isnt this copied from BHW?

[–]alfaindomart 2 points3 points  (0 children)

Yeah, it's stickied in making money subforum in BHW https://i.imgur.com/4Ht7Uhb.png

[–]ziapelta 2 points3 points  (1 child)

I agree about it being much better and more realistic than other articles. One question: how long have you given a new website to start the upward trend before abandoning? You don't want to bail too soon as you said, but I've also seen people hang on to an idea far too long too.

[–]shaun-m 2 points3 points  (0 children)

Its only getting longer from my experience. My most recent round of sites took around five month to start getting traffic from Google.

[–]Osmium_tetraoxide 0 points1 point  (0 children)

Breathe of fresh air compared to 95% of gunk out there. Patience and doing irl work in the meantime is key.

[–]deon10 -1 points0 points  (0 children)

Great article

[–]Romanticon 11 points12 points  (7 children)

Weirdly enough, I have!

Half a decade ago, now, I read a post (since deleted, on /r/beermoney) about publishing fiction on Amazon for cash. I was in a volunteer position and subsisting on less than minimum wage, so I figured it was worth a shot.

I never developed my writing into a full-time business, mainly because my career started taking up more time and growing, but it's continued to be a pleasant source of side income, enough during most years to max out my IRA and pay for daily coffee besides that.

Of course, I think that this post was back before the "viral promoters" took over quite so much. Back then, people shared opportunities because it was a cool new opportunity, and not a million people were looking.

[–]JoseHerrias 2 points3 points  (1 child)

I've seen you post about this a few times over the years. Out of interest, did you look up popular and niche keywords and base any books around that?

[–]Romanticon 0 points1 point  (0 children)

I've definitely written books to trend, and also some niche stories. Niches are difficult because you often need to commit to it, putting out multiple books in that niche to establish your pen name. That's not a problem with perennial niches, but it makes it difficult to jump into a niche that's hit a sudden surge of popularity which likely won't last.

Trends, on the other hand, can be ridden (like a surfer riding waves) if you catch them and write quickly! For example, werewolf and shifter books did amazingly well 3-4 years ago, and I put out a couple in that category that did great.

Still, I think my best move was to find a category I liked and to settle there. This way, I've built an audience, I don't need to worry about market research quite so much, and while I may not make as much with each book, it also means that a book is less likely to totally crash and make nothing. Also, since I like this category, it's easy enough to get myself motivated to write another book for it!

[–]studentofgonzo 1 point2 points  (4 children)

In which genre do you write?

[–]Romanticon 5 points6 points  (3 children)

Started in erotica with short stories, mostly to get some quick sales and to get a handle on the whole ebook publishing. Along with writing come the challenges of advertising, branding, managing a mailing list, marketing yourself, building a niche, etc...

Since then, I've switched more to romance novels, which have a higher earnings ceiling. I've tried a couple other genres, sci-fi and fantasy, but romance has the greatest number of dedicated readers (plus, by this point, I'm really good at writing romances!).

[–]studentofgonzo 1 point2 points  (0 children)

Thanks for your response!

[–]thehalfwit 0 points1 point  (0 children)

Good on you!

[–]Magickarploco 0 points1 point  (0 children)

Ahh when r/eroticauthors used to be active

[–]italiafirenze 24 points25 points  (1 child)

They usually end with a pitch for a course on how to build courses.

[–]ProfessorLional 6 points7 points  (0 children)

Have you actually tried?

[–]GaijinFoot 6 points7 points  (2 children)

I had to do some light social media work at the office, so I checked YouTube on how to make the most of social media and grow your audience. It's unbelievable how maybe people are doing a 10min video on how to be a social media pro but only have a few hundred views. It's like a homeless person teaching people how to make money. Proof is in the pudding

[–]Bezere 0 points1 point  (1 child)

I think it just comes down to consistency.

Find a steady schedule, and you'll be seen everyday. Thus able to grow

[–]UltimateGattai 0 points1 point  (0 children)

I think if you upload videos people enjoy on a fairly regularly basis, then that's where you make money. There are some YT who post so regularly and have so many subscribers I wonder how much they do make, some of them say it's enough to support their life style.

[–]Fisher2470 3 points4 points  (0 children)

I've read plenty of these "how to make money online" blog posts and always chuckle when they push those ridiculous online slave labor services like Amazon Mechanical Turks. You would have to work harder on those sites to earn any wage at all than you would need to work to learn actual valuable skills.

[–]haltingpoint 3 points4 points  (0 children)

There's actually a lot of solid business info on Reddit if you know where to look. You won't find it on someone's blog for getting rich quick.

For example, over on /r/ppc and /r/adops, there are some very senior experienced folks from all aspects of the industry dropping very solid knowledge or providing great answers to questions. I say this as someone who has worked at a top media agency with Fortune 50 accounts, so I am able to accurately judge the quality of what they say.

Of course if you go there and ask something dumb like "how do I make moneys with the ppc?" You'll be ignored. But if you have a campaign you are testing, can share data and examples and ask for ways to improve things, you'll get a lot of knowledge dropped on you for free that companies regularly pay 4-5 figures a month in fees for.

[–]rodeopenguin 2 points3 points  (0 children)

I have

[–]mitchrichie 2 points3 points  (0 children)

I’ve made decent side money by creating photography and drone training courses and selling Lightroom presets. If you want to make money online, I suggest teaching other people how to do what you are good at.

[–]kpetar 3 points4 points  (1 child)

I have made money online after reading posts in this sub. Started a blog after reading a post of themodestman. Not much money but enough for a side hustle.

[–]UltimateGattai 2 points3 points  (0 children)

This is ultimately what I'd like to do, develop a side hustle with enough regularly income to buy some nice things every now and then.

[–]badwolf42 1 point2 points  (1 child)

Well let me tell you about lipsense then!

[–]cherb30 1 point2 points  (0 children)

Yep. This isn't "making money," but the only articles I find helpful are the ones with tips on how to save money.

[–]medellin_colombia 1 point2 points  (1 child)

Is it because the ideas are so poor they didnt work? Or did you not put real effort into them to make thek work? Ideas on how to make money online are fun to read but dont mean anything if you dont committ serious effort over at least a few months in most cases.

[–]jingg 1 point2 points  (0 children)

That's the problem I see with "wantrepreneurs". They read and read all these blogs/articles/books etc.

Only a few of them actually take action on what they've learned from reading.

Then even fewer of them actually continue to put forth effort beyond a few weeks and quit when they don't see the results they were expecting.

Successful people are successful because they actually put forth a lot of effort, and more importantly consistent effort towards their goals. This takes months, sometimes years before seeing any result worth sharing with their friends and family. They didn't let one or even ten failures stop them. They're successful because they actually:

  1. Did something
  2. Continued to do that something
  3. Never stopped learning and bettering themselves/their business

Those who complain about people sharing/selling knowledge are just haters who never actually dedicated themselves to that something for more than a few weeks.

/rant

[–]alienencore 1 point2 points  (2 children)

Anyone that says they can teach you how to become a millionaire is full of shit.

If someone could teach you to do something that would make millions then they'd never spend the time teaching it, they'd be doing it all the time.

If you fall for any of these types of schemes you're an idiot and should probably steer away from entrepreneurship in general as you're bound to loose a lot of money before luck finds you.

[–]Empath1999 0 points1 point  (0 children)

ain't that the truth. It's a miracle people still fall for that.

[–]northlondonsfinest 1 point2 points  (1 child)

The only way to make money from reading one of those is to design another course teaching others to make money online. It's onlinemoneymakingception.

[–]rorrr 1 point2 points  (0 children)

Or just buy a variety of cryptocurrencies.

[–]BizKor 1 point2 points  (0 children)

I did.

Back in the day.

$10k a month from old John Reese's stuff.

[–]CaptainObvious21 0 points1 point  (0 children)

There is posts about how to online. Usually a blog of someone or self post sites.

You wont see top 10 ways to make money on forbes or yahoo that actually work

[–]sequitur12 0 points1 point  (0 children)

Absolutely, I hate these posts, but their prevalence and flashy claims all but guarantee they've piqued the entrepreneurial interests of the least business-minded people- many of whom (drawn in by the promise of extravagant returns) I'm sure have seen through their bullshit and are now tackling legit ventures in hopes of seeing those same returns (but are now more likely to actually see them). ¯_(ツ)_/¯

[–]Ampix0 0 points1 point  (0 children)

I sort of have. But I read a lot... Then did things.. then made a tiiiiiny amount lol

[–]notmanishkumar 0 points1 point  (0 children)

Haha. Same here! Actually I have made a blog, but currently I am focusing on building my brand instead of making money. Maybe I will make money in next couple of months, if everything gone as per the plan.

[–]thehalfwit 0 points1 point  (1 child)

Let me tell you about my new start-up, Pyramid Financial Strategies...

[–]KnotYourBoss 0 points1 point  (0 children)

I'm starting a vlog. Classic, I know. I'll vlog everything I know about how to build, grow then scale a business. Should be fun.

[–]godzillabobber 0 points1 point  (0 children)

In the old days you self published the book on the topic. Then you could say, "as a matter of fact I did write the book on that"

[–]UltimateGattai 0 points1 point  (0 children)

I imagine you need alot of traffic or a big install base to make worthwhile amounts, youtube pays if you have enough followers (maybe not so much now they changed the rules and YT are turning to Pateron). Or affiliate links if you have a big enough blog/website.

[–]SamWMartin87 0 points1 point  (0 children)

So true! But I’ve also never not made money by reading a post on how not to make money... coincidence?

[–]hurryupiamdreaming 0 points1 point  (1 child)

You will never make money by reading something...

[–]hoogachucka 5 points6 points  (0 children)

Unless you're a proofreader.

[–]orinho 0 points1 point  (0 children)

Nothing that made me go full time, but Ive made money.

Affiliate and adsense mostly. A few thousands after lots of hard work and time.

Once trough joining forces with a partner who sent lots of traffic trough facebook and once trough my own work only, doing good blog posts + videos.

I still need to learn a lot more to create a real business out of it, but I feel that Im getting there.

[–]fadeaway_a_la_kobe 0 points1 point  (0 children)

after spending 300$ i learmed it

[–]elf25 0 points1 point  (1 child)

[–]WikiTextBot 0 points1 point  (0 children)

Porter's five forces analysis

Porter's Five Forces Framework is a tool for analyzing competition of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack of it) of an industry in terms of its profitability. An "unattractive" industry is one in which the effect of these five forces reduces overall profitability. The most unattractive industry would be one approaching "pure competition", in which available profits for all firms are driven to normal profit levels.


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[–]LukeLC 0 points1 point  (0 children)

I first discovered Amazon Mechanical Turk while reading about ways to make money online. It's slave labor, but I made enough money from it in a few months to buy a PS3 and a game. Never really went back to it after that, though.

Nowadays I make better money online doing things I didn't read about.

[–]banks719 -4 points-3 points  (3 children)

Yeah im currently trying to run a shopify store and i opened it not to long ago but its more like a picture gallery than a store at this point i need some pointers would anyone look at my shop and give me some feedback

Store: Two-brothers-buys.myshopify.com

Email: Jlbanksgroup@gmail.com Banksjustin968@gmail.com

Also while in my store you can contact me on messenger i have that feature.

[–]jidkut 0 points1 point  (2 children)

Two-brothers-buys.myshopify.com

You can tell they're from AliBaba, try and source some better items that have better pictures with them, they'll usually indicate a more reputable supplier too.

The website isn't all that pretty and it's not something I'd trust my money with, for a start, if you're adamant on keeping the pictures, try and crop out the white background using a chroma key and transparency filter, so it blends in to the background, finally, get a proper URL. Selling on Shopify will never work unless you're treating it like a full time job without a wage for the first two months.

[–]banks719 0 points1 point  (1 child)

Thanks for honesty like i said this is the first time i jumped in so i appreciate good constructive criticism. One question what are some directions i could go for a supplier and i have been working on my smartphone so it makes the site look good on my phone but i will definitely go thru it

[–]jidkut 0 points1 point  (0 children)

Good feedback on the supplier. Like the mens gloves you have, would you buy the one with the two images underneath one another on the same product? I wouldn't. The white images are on a pink background, they look unprofessional. Ideally you'd have one "high ticket" item, that is chroma'd in with the background which makes it look lovely. Other than the most recent product as the image.

Top tips in order: Spend a good few days making the site look really nice, access to a computer is pretty essential if you can.

Spend a good few days looking for really good quality low price high sale price items, not the top sellers for what you're selling, everyone will be selling them, you want high selling items, but not the top ones. 10 MINIMUM per category.

Spend a good few days on focusing your targer audience, are there really glove enthusiasts, or rather should you target Winter Hiking Groups, Mountaineers, etc. But serious mountaineers would buy the top selling products, so maybe target walking groups. Do you get me?

From then on, with that in order, focus on traffic to the site. Nobody cares about your site, honestly, they can go on Amazon, they need a reason to go to yours, is there a secret flash sale going on that you could post into Walking Groups on Facebook? Or a snowboarding group.

Hopefully this helps, I'm typing on a phone so the formatting may be awful.

Source: I ran a semi-successful sunglasses Shopify site. I stopped because I didn't have the capital to fund the products I was selling, otherwise I'd be balling. So make sure you have the funds! Dropshipping isn't as low cost as you think, you'll get the money back plus profits in time, but be prepared to go without it for 30 days.

Alternatively, do what I'm doing and swap over to eBay, if you've got any business acumen whatsoever you can be successful on eBay just as much as Shopify.

Honestly, Shopify is not worth it unless you can spend 25/hrs a week with the idea that youll be without amounts of money until payday.

If you've got ads running, stop them. Waste of money at the moment