My Thoughts On Making Money Online

I have a friend that has recently been laid off from his job, at first he was pretty depressed about it, but after a while  he realized that it may well be a good opportunity to change his path in life. A good call I thought as he didn’t really like his job, it was just a vehicle to meet his bills and I always believe there is opportunity in any circumstance.

Whilst chatting about his future he asked me what my thoughts on making money online were, he new this is what I do and wanted to know whether I thought he could do the same. My short answer was yes, but I did elaborate a little. So here is what I told him.

Making money online is totally possible for anyone to achieve, but it is not instant, there is no magic formula that will bring in instant cash. There are many different ways to make money online, but you have to initially decide what interests you and concentrate on that particular route. After going through a few options such as freelance writing, affiliate marketing, stocks and shares, eBay, blogging and producing your own product, he like the idea of freelance writing and blogging, mainly because he likes writing.

My advice was to start a blog in a niche that interested him and to forget about making money initially, just get a blog up and running and concentrate on writing some great content. Once established, he could then start to look into establishing himself as a freelance writer for sites such as Associated Content, Demand Studios, Daily Article and Review Stream, whilst still building up his blog. He could then start to promote his blog once it had a decent amount of content and then start to monetize it.

He obviously asked how long it would be before he would start to see some money coming in, from the blog perspective I explained that he might start to earn a little once he had monetized it which I recommended after a couple of months, but it would only probably be a little money and would take time to build up. With respect to the freelance writing, it is possible to start earning almost immediately as long as your writing was of good quality.

He did seem a little deflated by what I had told him, as he was under the impression that it would be easier than that to make money and he also thought that he could make a lot of money fast. Thankfully I stopped him from spending $2000 on a system that he had found online, which I knew would be of no use to him at all, he did buy me a drink.

So the good news is that he is going to start a blog, he knows that the money is not going to flow in from day one, which means he will not give up his search for a new job, but the good thing is that he really wants to end up making his money online and so has committed to getting his blog up and running and build up from there.

The best thing that came out of it for me is that I stopped him wasting his money on something that would not have worked for him and would have probably ended his online career through frustration and before he ever made any money. Instead he has started his online career by signing up for some great blog training at Become A Blogger, this is not going to cost him a fortune, but will teach him all he needs to know about creating a successful blog.

I know he will be a successful blogger of the future.

Anyway I thought I would just share that little story with you and hopefully it may help some of you too, feel free to comment with a question or view on this post.

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