Young Upstarts

All about entrepreneurship, intrapreneurship, ideas, innovation, and small business.

4 Things Beginners Must Know Before Trying To Make Money Online

There are a lot of very obvious positives to working online – from never having to commute or navigate the choppy waters of office politics again, to always flexible coffee and lunch breaks and less worry about childcare on days the kids get sick. No wonder so many of us dream of jettisoning our current jobs for an online alternative with its flexible workdays and lack of supervisors. But is it really that easy to make money online? In particular, is it possible to make enough money to live on, or to provide some handy extras and treats in your life?

There are plenty of people out there in Internet land who have done really well, and many of them are keen to help others walk the same road – though not all have the best intentions!

If you are interested in, but completely new to, the idea of making money online there are four things it is absolutely essential that you know before you begin.

Must-know tip #1 – Choose what you do online with care.

The most obvious advice for anyone just getting into the world of making money online is to choose a field you know, have skills in, really enjoy and generally feel passionate about. However, in some cases, these things become less useful. For example, if you are trying to break into an already competitive market the struggle will always be real unless you can find a way to ramp things up a notch, or see an angle others are missing.

Takeaway tip: develop your niche by offering a service, skill or product that you can prove you are good at – with an added twist to capture attention.

Must-know tip #2 – There are no shortcuts to success.

No matter how many articles you may read online promising thousands of dollars in income, for basically doing very little online, this source of information won’t become any more genuine. Of course, you can work hard to be a successful, trustworthy online influencer say, and make a decent passive income from affiliate links to major sellers as a result, but these things don’t, and never will, just happen.

Takeaway tip: If you want to tjäna pengar hemifrån then you have to put in the hours.

Must-know tip #3 – Focus, devotion and commitment are crucial.

Making money online can be a lot of fun, but it is a long term process which requires consistent attention. From blogging and updating visuals, to interacting with current and potential customers – you can expect to be working at least the same, if not more hours a week than you were on a previous, salaried job!

Takeaway tip: don’t think working online means working only when you choose to.

Must-know tip #4  – Research is key to freelancing online.

There are lots of ways to make cash online without setting up your own business, and this route may be the better option for you.

Takeaway tip: Check out options like online surveys, remote data entry work, web design – or whatever exists that you are good at.

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Young Upstarts is a business and technology blog that champions new ideas, innovation and entrepreneurship. It focuses on highlighting young people and small businesses, celebrating their vision and role in changing the world with their ideas, products and services.

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