The easiest way and the way I have experience with is working online, running websites etc.
Quote: (10-06-2016 04:33 AM)Edmaster Wrote:
How long did it take you to become fully independent ?
It took me about five years of doing it in my spare time after school and work to quit my job and do it full time. However, when I did finally take the plunge to do it full time (about 7 months ago), I wasn't making anywhere near enough to live on. But it all worked out and I'm now earning much more money than I could doing any job that I'm qualified for. And even if I was making slightly less money than I would working a job at home, I'd still pick this lifestyle in a heartbeat.
What I'm trying to say is that I probably could have done it much sooner than 5 years but it took me that long to have the confidence to dedicate myself to it. If I'd have waited until I was making a full time income online but putting in part time hours, that day may never have come.
My advice to anyone has has some experience making money online but doesn't feel like they're successful enough yet to take it seriously is to consider this - "If you're making $500/month online from working 2 hours each evening, do you think you could make $2000/month if you were to work 8 hours a day?". If the answer is yes, go for it!
Quote: (10-06-2016 04:33 AM)Edmaster Wrote:
What are the steps you took as the beginner to start on this path ?
If you're looking for a blueprint on what to do, here's what I did with a few tips gained from hindsight added in.
1. Pick a topic to make a website about.
This should be the topic that you are most knowledgeable and have the most interest in.
Ideally it should be something that you read about every day. Working online is quite tedious and can be frustrating, especially when you're not making any money yet. Unless you pick a topic that you're genuinely interested in, you probably will not have the patience and motivation to see it through to the point where you know how to make money.
If you're thinking "that's all well and good but I'm not passionate about anything, all I do is go home and play video games all day" then that's perfect! People spend a huge amount of money, almost exclusively online, for things for video games every day and if you can tap into even a tiny percentage of that, you'll be rich!
If you're thinking "that's all well and good but I'm not knowledgeable about anything, all I do is go home watch YouTube videos" then that's great! Companies will pay you so much money if you can get YouTubers to place their products in their videos and that is the easiest work ever!
The topic should be broad enough that there are millions of people who would be interested in reading about it but narrow enough that your readers will be interested in everything that you write about.
If that doesn't make any sense, I will try and explain with an example if you are thinking of making a movie website...
"World war 2 zombie movies" is a bad topic to choose. Not enough people are interested in world war 2 zombie movies for you to make much money. "Movies" is a better, but still bad, topic for you to choose. Although billions of people are interested in movies, you might capture somebody's attention by writing about an action movie but then when you write about a romance movie, you'll lose their trust and attention already. "Romance movies" is a good topic to choose. It is broad enough that millions of people are interested and if somebody likes one romance movie and is interested enough to find something on your website about that, they are likely to be interested in many other romance movies.
To be continued after I'm back from lunch...