I Will Tell You The Truth About Online Money In The Next 60 Seconds.

If you've ever received a text that says, "I'll help you make $1000 immediately" or "Learn my secret to making a 7-figure income," you might think that making money online is a scam. Making money online may appear to be shady, but this is not always the case.

We live in a society where working from 9 to 5 is considered the norm. Anything beyond this appears to be a forgery. Is it even possible to make money working only four days a week? Is working from home even a legitimate profession? Are your products or services genuine? There are some things you may hear while earning money online.

I'm not saying it's impossible to make money online. It is, in fact, the best way. However, some truths about making money online are rarely discussed. This blog will discuss some of the myths and realities of making money online.

Why is everyone obsessed with making money online?

Who doesn't want to make $10,000 per month? Who wouldn't want to earn more money? People want to make money online for a variety of reasons. Let us discuss this. 

First, making money allows you to work from anywhere. You no longer have to work in a corporate firm or on your desk from 9-5. You can work in a cafe or right from your home. You can even work while travelling. Making money online allows you to escape working for someone else and start building your own business. 

Second, you can earn a lot of money online. My friend made $1000 in a single month by selling her online course. Unlike your job, where your salary is fixed, there is no limit to how much you can earn online.

Third, once you've figured out how to make money online, you can teach others how to do the same. But for free? No, you provide paid consultation calls, organise workshops and masterclasses to assist others in making money.

Since the beginning of the pandemic, the number of online businesses has accelerated. People are looking for ways to supplement their income. Many of them were fired from their jobs, forcing them to learn how to make money online. The culture of online business is thriving in India, and we will see more and more people becoming a part of this ecosystem.

Is making money online a scam?

Before I discuss the realities of making money online, let's be clear about this. Making money online is not a scam. Yes, people scam each other and try to make money in any way they can. However, this doesn't mean that every online business is a sham. There are legitimate ways to make money online, which we will discuss later.

When I say you can make money online, I don't mean you can sit around and do nothing. That is not going to happen. The only way to do so is to steal. Making money online requires skill, determination, and hard work. It will not be an easy process.

If you think that making money online entails owning a high-priced car, travelling to exotic locations, or living in a massive mansion, believe me, none of this is true. Not everyone you meet will be living the dream life. It's not always what people make it out to be.

But what are the legitimate ways to make money online?

If you think people who talk about making a lot of money online are lying, you need to hear this. There are legitimate methods for you to begin earning money online. I'm going to list some popular and advanced methods of making money online.

1.Start a blog 

I know there are articles and videos promising that you can make tons of money if you start a blog.

What have you heard?

1.1 Making money from a blog is simple. You create a blog and begin earning money.

1.2 You only need to write content and rank on Google. Money will begin to flow as soon as you do this.

1.3 As a blogger, you can earn up to $100,000 per year.

Here's the truth.

There are approximately 600 million blogs, and you don't treat your blog as a side hustle to earn $100,000.You must work for hours and months to learn how to monetise your skills and then begin earning. You don't just create content; you also learn how to market it and drive traffic.

2.Build an online store 

Starting an online store is simple, but making money from it is not. You're up against millions of other online stores.

What have you heard?

2.1 All you need to do is sign up for any online platform, and you're ready to sell.

2.2 It is one of the simplest ways to generate passive income.

2.3 After watching a YouTube video or taking an online course, you can start an online store.

Here's the truth:

No, it is not simply launching an online store. It's more about having a one-of-a-kind product. With millions of companies competing for your business, having a one-of-a-kind product can help you stay on top. Learning new skills and putting them to use are two entirely different things. It's not as easy you see in a YouTube video or on the internet. 

3.Start a YouTube Channel 

You speak so well. Why don't you start a YouTube channel? Give me a hi-fi; you have also heard this from your close friends and relatives. But is it that easy?

What have you heard?

3.1. To succeed on YouTube, all you need is good communication skills.

3.2. You can earn money with as few as 500 followers and quickly scale your channel.

3.3.Creating a YouTube channel is fun. You simply need to create a video.

Here's the truth:

It would have been simple to launch a YouTube channel a few decades ago when few channels and videos were available. However, nearly thousands of YouTube channels are created every day, with only about 5% of them surviving in the long run. Starting a YouTube channel is simple, but continuing it is more difficult. You have to focus on a lot of things like quality, audience, niche etc. 

4.Start freelancing

Following the global pandemic, an increasing number of people are turning to freelance as a full-time or a side hustle. Freelancing can be a lucrative way to make money but consider the downside.

What have you heard?

4.1.You can easily earn $1000 per month by providing services such as writing, designing, and so on.

4.2.In order to make more money, you must find 2-3 high-paying clients.

4.3.To make money online; you only need to work 2-3 hours per day.

Freelancing may appear to be a lucrative option. You may be considering starting freelancing and leaving your job, but keep in mind that you must save for at least six months before leaving your job. Finding your first freelance client will take time, and you never know when today, tomorrow, or a month later. It's all rainbows and unicorns when you're a freelancer. Some days you work 2-3 hours a day, while others you work 12 hours a day.

5.Sell Ebook or Online course

The target audience of Ebook or Online courses might have expanded beginning this pandemic. But trust me, people are still reluctant to invest in these courses. Why? Because they believe most of these courses don't provide any value. 

What have you heard?

5.1- If you know about a particular topic or domain, you can write an eBook or sell an online course. 

5.2 - Ebooks and Online courses are a great source of passive income. 

5.3 - There's a huge scope of online courses and Ebooks in India. 

Here's the reality - 

Having an interest in a subject does not guarantee financial success. You must learn sales and marketing techniques. To sell your courses and ebooks online, you must first establish a large network. Ebooks and online courses will only guarantee a steady flow of money if they outperform in the long run. Finally, in India, people still prefer to learn in a traditional classroom setting. They consider the purchase of online courses and ebooks to be an additional expense.

The truth about making money online 

So far, we have discussed the myths and realities about a few ways of making money online. But there are other realities to be aware of. Let's discuss them in detail. 

1.There are no quick rich schemes

If someone told you that they were making tons of money every month. Don't fall for it. Well, it might look easy, but it isn't. What you see is the result of many years of effort. You don't see the struggles and sleepless nights that went into establishing that source of income. You must put in a lot of effort, and it may take some time.

2.Sometimes you work 24*7 

The best part about making money online is that you have complete control over your time. However, this is also the negative aspect. Why? Because there are times when the line between work and play is blurred. Working odd hours, and sometimes even working longer than expected hours, is common. You might make a lot of money, but your mental health will suffer as a result.

3. There's no magical formula

If someone is selling you a formula to make $100,000 per month, believe me, it's all a scam. Someone who earns that much money is unlikely to brag about it or reveal his secret recipe. The truth is that there is no such thing as a recipe. You must create your own path. Mentoring and coaching are recommended, as following someone else's path will not guarantee success.

4. Your PJ's are the best outfit. 

Would you believe a YouTube celebrity attending meetings in workout gear? Yes, that has been my experience with the individual. He told me that it was an early meeting, that he had just finished his workout, and that he couldn't miss any of this. That pretty much sums up your life when you work from home.

The unglamorous side of remote work is that you don't usually show up in uniforms or suits. You're a mess most of the time.

5. Not all days and months are the same. 

The truth about making money online is that your days and months will not all be the same. Some days and months, you'll make a lot, while in other weeks or days, you won't. You could be making six figures one month and nothing the next. When the latter occurs, you may feel helpless and anxious. But keep in mind that it is the same for everyone.

6. There's no guarantee that you'll succeed. 

Unlike your motor and brick business, the chances are that you might fail at earning money online because it's not only about skills. You've to wear different caps, learn skills like writing, communicating and marketing. If things don't take off the ground, you might have to spend any more time on it. But this is completely normal. Not businesses are meant for everyone. 

Final Words   

Nothing in this article is written to discourage you. Making money online is possible, but you must have the right mindset. To make money online and turn it into a career, you must put in the effort. There is no get-rich-quick scheme, and there is no guarantee that you will succeed.

Making money online can help you to live the life of your dreams. But, before any of that can happen, you must first put in a lot of effort and develop the mindset that you will make this happen. Making money online is simple once you've accepted that it's not a scam. To see the money come in, you must be persistent in your efforts. It's also normal if your business doesn't make enough money or ends up failing.

Which of the facts about making money online that you discovered is the truth bomb? Do you still believe that making money online is a sham?