Whether you are already making money online or you are just starting, I am sure you will benefit from this article at some point.
Who am I?
I started making money online back in 2015. Since then I have tried a lot of things. I can say that I reached financial freedom in 2019. Yes, I needed 4 years. But don’t get afraid! That doesn’t mean I didn’t earn good money in those years. I did, but I dedicated myself that I have 5 years to find which method/business model suits me the best. I also didn’t quit my job before recently as I wanted to guarantee money to invest in myself and my business ideas.
I want to explain a few things, ground rules that you HAVE TO follow if you want to reach your financial freedom.
- Write “Financial Freedom” in the middle of a paper and brainstorm. What does this phrase mean to you? Is it 100$/day, 1000$ a day? Enough to buy an apartment? And stick this paper to a visible place. Dark days will come, and this piece of paper saved me numerous times from giving up.
- Don’t expect to get rich overnight. If someone is telling you that he knows a way to get rich overnight, this girl or guy is just trying to sell you something. Be smart when buying courses.
- Be patient
- Stick to one business model, if it’s not working make it work!
- You will have to work hard.
- DO NOT GIVE UP!
Now that we have some ground rules, we can start with our list.
I tried every one of them and a combination of those got me to the point of financial freedom. I quit my job, I am actively working 2–3 hours a day and earning around 5000$/day. I will post the best method (my opinion) at the end of this article.
1. DROPSHIPPING | My rating: 2/10 |
I started dropshipping in 2015 and I admit, it was pretty easy back then. You could make money with almost any product, there wasn’t much competition on Facebook, rules about dropshipping weren’t so strict, shipping was faster.
Nowadays a lot of customers know about this method, so they just find the product themselves on Aliexpress. In 2021 competition is heavy.
My tips if you decide on this model in 2021:
- Be different.
- Dropship high ticket products (500$+)
- Dropship from the USA — find reliable USA manufacturers to reduce shipping time
Can you still succeed with dropshipping in 2021? Yes, but I don’t recommend it to beginners.
2. DROPSERVICING | My rating 5/10 | *MY STRATEGY INSIDE*
I started dropservicing in 2017 and I am still doing it today. What is dropservicing? It is very similar to dropshipping, but instead of a physical product, we are offering a service. The downside here is, that you have to be creative to get into the market. My strategy is to browse the web to find websites that look… ugly… Then I find e-mail address on their website and I contact them with my solution. Here’s my template which I developed through the years.
“Hi (Person named on business email)!
I was just browsing your website and I really like your (products they are offering). My wife bought/used your (product/service) and we were both amazed by the results. Only one thing… Your website… I think that your website would need a little work. If we take a look at (competitor website) we have to admit, their website looks better. But we tested both (products) and I would be lying if I wouldn't say that yours is muchbetter. This would hugely increase your conversion rates and lower the cost of your marketing campaign and we both know it. If you want, I can re-design your website for (price).
What do you think (person)?
Regards,
Signature”
You can send tons of emails looking like this, then go to Fiverr and search for “website design”. Find a good listing and then contact Fiverr seller, get their price (let’s say 150$) add your mark-up (150$), and present the price in an email that you send to the potential customer. The first few customers will be hard, but then you will build a relationship with the web developer. He can send you his portfolio that you can present to your customers and you will need little to no work to keep this business running. (Find business — Send e-mail — Customer agrees — You CC e-mail to your web developer from Fiverr). And that’s it!
3. YOUTUBE | My rating 6/10 |
You don’t speak English fluently? You don’t like to film yourself? You don’t want to speak in a microphone? No problem. This method can still help you to reach financial freedom!
Search google for “Royalty free images/sounds/videos/speeches” and you will find a lot of material that you can use for free — even to get monetized on Youtube. The next thing you have to do is to master video editing software. I am recommending Vegas Pro, but you can use any editing software.
Find a niche you are passionate about. In 2018 I started a channel in motivation/meditation. After about 25 videos I qualified to get my channel monetized. And I still, to this day earn money with this channel, even if I only post a max of 1 video per month.
4. Amazon FBA l My Rating: 5/10 |
Fulfillment by Amazon. If there’s enough interest, I can make a whole article on this. This is a very complex business to set-up and it requires a lot of money upfront. Sure, there will be people that tell you that you can start with 500$, but remember, a lot of people fail with this. If you decide to go into this, I recommend doing a good research on everything connected to it. I also paid for some courses on this topic, which were my shortcuts to a successful Amazon FBA business. Why it’s on this list? This business model when done correctly can explode. And I am saying, 6, 7 figure business within months.
5. AFFILIATE MARKETING — PREFERRED METHOD |My Rating: 10/10 |
What is affiliate marketing? Marketing. How does it work? You drive traffic to a specific website and if people make a purchase on this specific website, you get a commission.
You can find a lot of affiliate programs, but I would start with:
- Amazon affiliate (low commissions, but 24h cookie*)
- Clickbank (Not available worldwide, weekly payout)
Affiliate marketing was my ticket to ultimate financial freedom. It can be yours too. Initially, you will have to put a lot of work in, but when everything is established, you will earn money when you will be asleep. Want to learn more?
>>>Click here to find my go-to affiliate marketing guide<<<
I started with this guide and I started seeing results after 3 days. I bought a lot of guides and courses, but this one.. This one was gold.
- 24h cookie: if a person visits Amazon with your link, and purchase anything on Amazon within 24h (it doesn’t have to be your initial product), you get a commission.
How long will it take to reach my financial freedom?
That depends on a lot of factors, first, what is your definition of financial freedom? How hard are you willing to work to succeed? Are you able to invest yourself? Sure, I recommend finding as much information in your desired business model for free (youtube), but remember, that there are shortcuts out there, and you can buy those shortcuts by buying good courses.
Disclaimer: Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
