7 Ways To Make Money Online
Robert Kanaat
Full-Stack Engineer | Direct Response Marketer | Master Copywriter | SEO Samurai
It's the dawn of a new era in human history. As machine learning and AI advance beyond human capabilities, everything will change. We are on the edge of a very slippery slope. And no one knows what tomorrow will bring. But I can tell you this much. Everything will be different.
As new technology seeps its way into our lives we become more reliant on it. That changes how we live, work, interact, socialize and shop. And all the old ways we used to earn a living are out the door. With automation and prompt engineering, you'll no longer be able to make money online using those old, outdated methods.
Nope. What tomorrow holds is something far different. Why would we pay money for a service we can quickly do ourselves with a single prompt to a system like Grok or ChatGPT ? We wouldn't. That's why this isn't about doing menial labor-intensive design work or micro-gigs for pennies on the dollar.
This is about harnessing the power of change to ensure you're at the bleeding edge of technology. It allows you to leverage the rapid changes that are occurring. Because what used to work for generating an income on the internet is about to be completely obsolete. The question is are you ready?
How To Make Money Online
With so much changing, you have to forget almost everything you've learned about income generation models on the internet. This isn't about wasting your time filling out surveys or doing other jobs that pay you next-to-no income. And it isn't about competing with overseas providers who can charge far less than you.
It's also important to understand that the way to approach making money online (or offline) is to solve high-value problems. That's really the basis of any serious money making method. You have to get specific about the problems you're solving and you have to know who you're solving them for.
Too many people approach this without a full understanding. They also hold the wrong beliefs about making money. Most think you need money to make money. You don't. Others think you need to have some special skills or technical know-how. You don't.
The only thing you need to do is get specific about the problem you'll solve, who you'll solve it for, and what solution you'll provide. And to wrap this whole thing up with a ribbon inside of an irresistible offer. That's an offer that provides so much value that it would be crazy for a prospect to say no to you.
More Problems = More Money
People think more money, more problems, right? Well, that's just a money myth. The truth is that the bigger the problem, the more money you stand to make. It's the direct inverse of the popular saying. Meaning, the bigger the problem that you solve, the more money you stand to make.
Don't think about making money in terms of implementation. With the rise of AI and automation, there will be little required in terms of implementation that a robot can't do. Think more in terms of solving problems that are far more complex, allowing you to generate higher returns.
Let me explain it like this. Your local fast food joint needs to hire a new cashier. Is that a big problem or a small one? For the fast food restaurants that don't have automated menu ordering yet, that's a pretty small problem. It's an easy fix for the restaurant.
In fact, hundreds would gladly take that position in a heartbeat. But what if the same fast food joint needed to increase their average order value? Or what if they wanted to increase their online sales, drive more foot traffic into their restaurants, or target larger corporate clients?
You Are Just One Problem Away From...
Think about making money in terms of solving problems and everything changes. Don't think about it in terms of physical labor or rendering services. One very important lesson I learned from my friend and legendary business coach, Myron Golden is this:
“The first thing you have to do is create an offer that disconnects your revenue generation from time.”
In terms of making money either online or offline, you stand to make the most when you tackle high-value problems. Not the type of problems that most rudimentary AI and automation systems can solve (which, by the way, are disappearing fast)
Russell Brunson says that you're just "one funnel away from changing your life." By funnel, he means sales funnels , which are magic little money-making machines. And that's no exaggeration. But whether you're one problem away or one funnel away is kind of saying the same thing.
Pick One Problem & Go All In
Your lack of focus and distraction from shiny object syndrome will divert your attention away from making any real amount of money. It will. The goal here, no matter what method you choose, is to pick one problem you can solve and literally go all in.
When you go all in it simply means you focus solely on that one money-making method and that's all. Don't try to do several things at once. Be very intentional with what you choose and hit it with everything you've got. Do not waste your time or get distracted.
If you struggle with discipline, this might be hard. But if you're serious about achieving your money-making dreams, you have to go all in. Take the time to connect with other entrepreneurs and double down. Because, after all, what's the alternative? Slaving away at a job you hate for the next 40 years just to barely scrape by and retire with next-to-nothing to your name?
#1 —?Generate Leads For Local Businesses
One problem that businesses struggle with is lead generation. Every business needs more leads. Every single one. But it's also hard to generate leads without understanding how to create lead funnels. Lead funnels are simple, two-page sales funnels designed to extract contact information from leads.
Rather than building websites, learn how to build a sales funnel. Then, go help businesses generate more leads. Dive into the problems their customers face, then create a simple lead funnel that helps them solve part of that problem. The best part? You don't need to be a web developer to do this. Anyone can do it.
All you need to do is use sales funnel software with premade templates and a drag-and-drop editor. Then, understand some of the mechanics behind how to deliver a solution to solve a prospect's problem. Hook the whole thing up to an email system and voila!
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#2 — Create Systems & Processes For Businesses
Most business owners work in their business rather than on their business. They wage battle every single day, hoping to eventually win the war. But during those epic fights, they fail to streamline the systems and processes that could help grow and scale their businesses.
That's where you come in. You can build systems and automations for business owners to help them connect systems, build processes, manage tasks, automate workflow across departments, and so on. You can use no-code systems like Zapier to link together multiple systems.
By first identifying bottlenecks, you can open the floodgates to more traffic, leads and sales by helping automate various processes. This is not difficult to do. Start reaching out to businesses through cold calling, emails, and DMs on social media to find your first client.
#3 —?Help Businesses Increase Average Order Value (AOV)
One great way to make money online either for yourself or for other businesses, is to increase the average order value (AOV). The AOV is the average amount a customer spends when purchases products or services from a business. There are numerous ways to increase AOV.
The AOV is critical to a business because it allows them to spend more money to acquire a customer. And the business that can spend more will make more. And the AOV is one of those levers.
#4 —?Build Subscription Programs (Continuity) For Businesses
A business is reliant on sales to survive. That means they have to go out and hunt for prey every single day. They can only catch what they kill. Meaning, they need new leads coming in the door every day to turn those leads into paying customers.
However, subscriptions allow a business to not just survive. But to also thrive. Think about businesses that have subscription services. The biggest one is Amazon Prime. But what about local businesses? Your local tanning salon is a subscription business.
In a subscription business, you pay monthly. A business doesn't need to go out and find new customers every month to survive. Plus, a business can spend more money to acquire customers knowing that they might convert into a subscription (continuity) customer.
To make money, all you need to do is think of ways to build subscription services for local businesses. Use prompt engineering to come up with ideas. Then, present a plan to at least 100 businesses through cold outreach, direct messaging on social media, emails, and so on.
Offer this as a service that you'll build for the business. You can use a software platform like ClickFunnels to easily build a subscription business using premade templates and a drag-and-drop editor. Connect it to Stripe and voila! There you have your subscription business.
#5 —?VR & Spatial Computing
We are on the bleeding edge of spatial computing . In a few short years, how we interact with the internet will be dead and gone forever. With the dawning of spatial computing, companies will need to adapt. Just like when Apple introduced its App Store and the iPhone revolutionized how we interact with the web, it's about to happen again.
Place yourself at the crossroads of this technology by learning and consuming everything you can to help build virtual destinations for businesses in the VR worlds that are coming. Learn how to develop experiences that will help convert virtual residents of these spatial worlds into customers of businesses.
Not many are speaking about this yet but this is the future. Spatial computing takes the real world and adds a 3D contextual layer atop of it. This meta based information is going to be the basis for the SEO of tomorrow. Make sure that you're prepared for what's coming.
#6 —?Social Media Marketing Agency (SMMA)
Social media marketing is something that businesses struggle with. And they will always struggle with. There's a reason why Social Media Marketing Agencies (SMMA) still make enormous amounts of money online. That's because there will always be a demand for it.
Social media connects everyone together. But rather than be a consumer of this information, you must be a peddler of it. This is useful if you're more inclined towards social media. Grow your social media profiles and start reaching out to businesses offering them to help.
As long as you can provide a lot of value, businesses will always be willing to hire you. Learn the ropes and practice what you preach every single day. Get visible and post often. Then, use the various platform to reach out to and direct message businesses offering to help them with social media.
#7 —?Run Paid Ads For Businesses
Businesses will always need to run ads. Although the platforms might change, it will always exist. Yesterday, it was newspapers and magazines. Then, television and radio. Today, it's about YouTube, podcasts, and live streaming on social media. Tomorrow, it might be spatial computing and VR.
However, as long as you understand the mechanics of how to build great offers , creating high-converting sales funnels and then create ads that lead into those offers and funnels, you will make money online. It's just a matter of getting out there and offering this service to businesses.
There is so much information out there to help you learn how to do this. Get some real world experience and practice in so that you can effectively charge businesses to provide this service. When you can successful do this, you will never go hungry a day in your life.