People always want to know what way is the best way to make money online or how to get started making passive income fast.
The answer is – it depends.
Nobody ever wants to hear that, yet it is true never the less. What way is best for one person is not necessarily the best way for another person.
We all have different experiences, backgrounds, training, education, developing skills, and other things that make a specific choice better for some than for others at any given time.
Even then there are so many other factors.
Whether you are married or not, have kids you are raising or not – or all kinds of other things and other people that you are responsible for and or to on a daily basis all play a part.
Take trucking as an example.
Truck drivers can start out ( in the USA ) right out of training and if they are efficient they can earn from about $50,000 up to $60,000 or more their first year in trucking. If they know what they are doing (have good training and coaching!) and if they work very hard and smart.
Sounds good to a lot of people. But here is the other part of that. They will be GONE for days and even weeks at a time – every week and every month for years to come. Trucking is more than a job – it is a lifestyle.
That poses serious problems for some people – and they can’t handle it – or maybe their families can’t. Others just simply don’t want to live that way.
Then you have some people who love it, and once they get started they will stay in trucking for the rest of their lives and make a career out of it. A few will even go on to buy their own trucks and become owner-operators eventually.
Yet at the same time, the vast majority of those who attempt to start trucking careers will all quit within a few days to a few weeks – and more will quit long before they ever complete even one full year as truckers.
Online Businesses and Offline Businesses are the Same In That Respect
Some people will thrive where many other people will fail miserably – or where they will simply throw in the towel and quit.
That is why it is so important for you to find something that is in alignment with both your needs and wants – and that is also going to be profitable for you.
Some will tell you to pursue your passion first – but the problem with that is that many people are passionate about all kinds of things that don’t and won’t ever pay the bills!
So that alone can be terrible advice!
Better advice would be to carefully consider the things you are most passionate about – and do some research and determine if any of them is profitable. If there is one for you that is profitable then do that. If none of the things you are passionate about are profitable then do NOT follow your passion!
Otherwise, you will be broke and you will fail – and maybe even ruin whatever it was that you enjoyed doing before to the point you come to hate what you once loved so much.
Once upon a time more than a few years ago, I started making crates to sell wholesale.
Why? Because I had made some for my wife, and she loved them. So she told her friends and her own customers, many of whom were candle makers or soap makers. A few had wineries or just wanted crates for their own wine or as gifts.
Before I realized what I was doing – I was making HUNDREDS of crates almost every single week!
Something that I once loved (passion) and enjoyed making had become a royal pain in the posterior. I spent what precious little available time I had left covered in sawdust and surrounded by growing stacks of little crates!
I started hating making crates.
Even more so because it really was not as profitable as it needed to be to justify the time, the expense, and the trouble to make them – and that is because we were selling them wholesale and in bulk. Even though we did make money doing it, there were other things we were doing that were easier and far more profitable. But instead of focusing on those things, I used my time and energy to make countless wholesale crates at low prices.
That was a mistake.
Eventually, I realized that, and I stopped making them altogether.
Maybe someday I will make a few and sell them again- someday soon perhaps – but this time they will be on spec (meaning I will only sell what I have already made) and they will be retail – not wholesale. Now does that mean making ans selling crates wholesale is a bad idea?
Not necessarily for someone else, but for me it is not the right move because there are so many things I prefer to do that pay me so much more money for my time and efforts. Someone else may be quite content making hundreds or thousands of crates every month for tiny profits on each (hey it can all add up if you make enough crates and if that’s what you really want to be doing) one, and if so that’s fine.
But for me – right now – I am not interested in doing that at any volume.
Or so that is my thinking as of now anyway, though I could change my mind at some point – and that illustrates the point. You can turn something you really like into a burden if you are not careful – and you won’t make much if any money in the process either. What you do needs to be right for you right now, and in alignment with your own current objectives.
Passion is Good – Profit is Better – Passion and Profit Combined is Best if you can align and do it that is.
Just keep all this in mind as you research and think about what business you want to start.
Marketing and Sales are Always Necessary Skills
Regardless of what you choose you will need customers.
People who want what you are selling will also need to know that you exist and how to get your products too. Marketing is required.
That’s why my number one suggestion for you is to start with affiliate marketing and get some training in it before you make a decision about what specific business you want to build.
You may discover that you like (or even love!) affiliate marketing itself and then you may decide to make it your primary business and pursue that.
You may also decide to use the things you learn to build your own website and other marketing efforts to help you grow any other business you may ultimately decide to start. You can still choose to pay someone else to do much of the work for you (to build your site and set up social media accounts and manage them all) or you may just do it yourself a say thousands of dollars in the process.
Even if you do hire people t help you – at least you will know that they need to be doing for you, and you will be able to tell whether they are actually doing a good job for you at reasonable prices or not. Then you can proceed accordingly, and then do the same with your updates and maintenance (required) by doing it yourself, training your own staff if you have people inhouse – or again hiring someone to take care of it for you.
Pretty much everybody who doesn’t live in a cave uses the internet to find what they want. So you need a site and a presence and it needs to be organized and maintained.
Even people who do live in caves have cell phones and tablets these days too, come to think of it – so no matter who you are, where you are or what you plan to sell, you still need a website!
Want to learn more about building your own website and about marketing too?
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