While there are thousands of articles available on internet about different ways to earn online, only a handful of people succeed in earning good money from online money earning ideas. Do you know why? The reason is why. Yes, that’s correct – 99.9% of the people who wants to earn money online don’t even know why they should earn money online.
Successful people knows the why part before they learn the what and how parts of any business. The why part gives clarity on why you shouldn’t give up on any idea if it doesn’t work for you first few months.
Many people work their boring day jobs and scrimp and save for that special vacation or event ahead. Does it often seem like you can’t get ahead even though you work really hard? Sadly, many of us feel this way. But if you’re searching for a second job, don’t take another one locally, instead, there are many ways to earn money online.
How Can I Earn Money Online?
The options for earning money online are as endless as earning money in the real world. You can run a website, sell products or services online, or help others do it. You can earn through affiliate links, or coach people on how to make money online. You can also try Bitcoin, stocks trading, or even think up your own ideas.
But no matter which way you decide to make your money online, there are at least 10 main reasons why you should do so right now.
10 Reasons Why You Should Earn Money Online
1. You’re the boss.
One of the most annoying things about working for someone is that you must do as you’re told, even when you don’t think it’s effective or wise. When you have your own online business you make the rules. If you believe a project should be done a certain way, you can manage it any way you wish when you are working for yourself. You won’t have a boss hanging over your shoulders, demanding you do things one way. And you can also make improvements, without needing validation.
2. Set your own working hours
When you work for someone else you’re stuck to that 9 to 5 scenario. If you work in the service industry, it could be 9 pm to 5 am. Graveyard shifts aren’t healthy for anyone to work, no matter how young or strong you are. When you work for yourself, you get to set your own hours. You may even wish to take an extended long weekend, or get every second Friday off. If you get sick, you won’t have to drag yourself into work. You can take some sick days off and rearrange your schedule. You only have to answer to yourself.
3. Benefit from passive income
Passive income can be generated from systems or websites that are set in place. For example, you could set up a coaching program, or have an e-book for sale. When visitors browse your site, they’ll be excited to see your fabulous offerings. They’ll then download the products. You don’t need to do anything else, as you’ve already set up automated downloads, and emails thanking them for buying your products. You can also send them further emails to join other courses. There are other ways of collecting passive income too, such as through affiliate links. But all you have to do is collect the income.
4. Making money online is fun!
Many people don’t consider this aspect, but it’s actually fun making money online. When you get that email that you’ve sold yet another product or service, you get a joyful feeling in your heart, even if it’s only $5. It’s also wonderful to see your Paypal balance at the end of the month. You can transfer it into your personal bank account and feel fantastic that it only took a minimum of effort to get that balance, when compared to all the hours you put into your day job. It’s also fun setting up a logo and website, and creating your products and services to sell.
5. Earn enough income for those extras in life
In the last century it seemed like no matter what your income level, you could afford to travel. Today, that’s not the case. We all have friends who are stuck at home every weekend, or they take staycations because they can’t afford to go anywhere. This may have been you in the past, but once you start earning money online, you can soon save up enough cash and go on that big vacation to Disneyland, Hawaii, or even Europe! No longer will you be at home depressed and sad because you can’t afford to go anywhere.
6. You’ll get cool stuff at discount
If you’re setting up your own online store, you can actually buy items for your store that you prefer. And when you buy items wholesale, you can also purchase them for yourself. This means that you get stuff for significant discount. You can also try out items, and if you don’t like them, simply return them to your supplier and try something else. It’s also important to try things in advance, as you’re placing yourself in your shopper’s shoes. You want them to have the best experience possible. Yet you also want to have the benefits of running a shoe, clothing, cosmetics, geeky stuff store etc, business too!
7. You’ll earn the respect of your peers
It doesn’t feel very good to “just be a waiter” or work as a “barista”. So when you finally have your own online business it can gain your recognition and prestige. You’ll be able to brag about your accomplishments and even your income level. People will take notice of you. Eventually, you’ll be able to call yourself an authority in the field. And remember that experts may be called upon to participate in seminars and events. This can be another opportunity to make money, as most people charge fees for their appearances.
8. You’ll be able to pay off debts
Most people who earn less than $50,000 per year are in debt. This could be due to a mortgage, car payments, school loans, or even credit card debt. Everything is so expensive nowadays. It can be nearly impossible to get ahead. When you set up your own online business it will give you the extra cash needed to finally pay off your debts. You’ll no longer feel helpless or a slave of your debtors. And if you had any liens on your possessions, or your wages were garnisheed, those will be removed. Once your debts are paid off, you will feel a huge burden lift from your shoulders.
9. You can work from home
When you run your own online business you can work from anywhere. Some people would love to work from home, so if this is one of your goal’s it can be achieved with your own online business. Many other people like to work from restaurants or cafes. They still enjoy being surrounded by people and enjoy the social aspect of it. Some people may have difficulties concentrating at home, particularly if they have kids or a spouse who also works from home.
There are also co-working spaces that you can rent on an hourly, daily, weekly, or monthly basis. This gives you a peaceful and quiet spot away from home, but where you still have other business people to consult with should you need to.
10. You can work with whomever you want
One of the problems of working for a boss is that you have no choice with whom you work with. They could be terrible clients or customers. But when you run your own business, you can decide if you want to work with your potential customer, or not. If you think a client is too cheap or too difficult, you can simply fire them.
It’s a great feeling knowing that you can only take on the clients who have the most cash to pay you, and who are supportive, and almost like your best friends. If you have a passive income type of business, you may not even need to see or speak to any potential clients. You simply have your offerings set up on your website. Either people buy, or they don’t, but either way, you never have to see or meet them in real life.
Running an online business is also perfect for the introvert who isn’t certain how to speak to people or close a deal in real life.
Do You Want to Earn Extra Cash Now?
If you’re ready to make some extra cash without having to send out your resume for yet another dead end job, now is the time to get started. And yes, there is fierce competition out there, but that’s also the way it is in the real world.
What you need to do is stand out in the marketplace, and try and think up a new twist on what you’re offering. You can always take a look at what your successful competitors are doing. Are they simply offering a line of products or services for sale, or are they doing something different? Examine what they’re doing differently.
Don’t copy what they’re doing, but try to add a unique twist to your products and services too. Now that you have assembled your business ideas together, go out there and launch them! Soon you’ll be making money online, and with your hard work, you may just be able to call it quits on that boring day job you have!