In this video, I going to talk about 7 ways you can generate $10,000 per month online. Starting an online business has never been easier.
Whether you want to earn extra money from home in your spare time, making money online will change your life for the better.
If you are ready to do whatever it takes, you’re setting up yourself to be successful. All you need now is something to offer people.
Ready to learn 7 ways to make $10,000 per month online?
Here are 7 ways to make extra money from home:
Way #1 – Setup a YouTube Channel
I create content that add value to people so they can improve their lives. You can create a channel around whatever you are passionate about. I make money by monetizing my videos.
I’ve been publishing videos for 7 years now. My channel has over 750,000 subscribers and 39 million views.
In the past 28 days alone, I’ve had 7 million minutes of watch time and 900,000 views.
On average, I generate $12,000 per month in revenue from YouTube. It takes a lot of time and effort to make money from YouTube.
Having a back-end is much more effective way to make money online. I use my YouTube videos to promote my products and services to people. This is how I make millions of dollars online through my business.
Way #2 – Affiliate Marketing
Affiliate marketing is the process by you promote someone else’s product or services and earn a commission from it.
Reviewing other people’s products is one of the best ways to attract attention to you.
Going back the YouTube example, let me share a personal example with you.
Years ago, I reviewed the Vitamix blender as an affiliate product on my YouTube channel. This product is valued at almost $500.
I shared my honest experience of the product. In the description of my video, I provided an affiliate link. If someone wanted to buy it, they could click on the link and I would make a commission from the sale.
I have made over $100,000 dollars simply from promoting the Vitamix blender.
How cool is that?
This prove that you can make more money from promoting a product as an affiliate, versus making money from YouTube ad revenue.
Way #3 – Create and Sell Your Own Product
Creating and selling products is a great way to share your expertise and knowledge in a variety of different niches and market.
I created a course called, Morning Ritual Mastery. This is a 7-day video training program that walks people through how to create a morning virtual.
There is a huge demand in the marketplace when it comes to morning rituals. You should consider this when you are creating a course.
Keep in mind that this business model takes a lot of time, energy, and resources.
You need to create a course in a secure members area where people can access it. Then you create the funnel pages.
If you have a large audience, this is a great to make money online.
Way #4 – E-commerce
This involves selling physical products on Amazon, Shopify, or on your own e-commerce store.
The method for doing this is know as private labeling. The great thing about private label is that you don’t have to create your own product.
Rather, all you do is find a supplier that is already making a product and you order a certain amount of inventory from that supplier.
By putting your own packaging and branding on a product, it automatically makes it your own.
Amazon is one of the biggest online retailers in the world. They have hundreds of millions of customers.
My fiancée, Tatiana sells waist trainers on Amazon. She does incredibly well, generating over $100,000 per month in sales.
Today, she primarily sells her products on her website. Luxx Curves.
By selling on her own Shopify store, she has more control of her profit margins, the refund policy, and shipping, to name a few things. I encourage you to start selling on Amazon.
Once you built up a solid brand and audience, you can transition over to Shopify. That is how you make a lot more money.
Way #5 – Publish Books
This is an easy and simple way to make money online. Writing a book doesn’t cost anything.
If you don’t want to do the actual writing, you can always hire a ghostwriter to write the book for you.
By doing this, you are merely handling the marketing and publishing side of things.
I’ve published hundreds of books on Amazon. Most of my books are written under different pen names.
This is a very common thing to do in the publishing industry.
You can publish books on Amazon via their free Kindle Direct Publishing (KDP) account. On average, you will earn a 70% royalty for all Kindle book that you sell.
Do you want my step-by-step system for how you can publish books on Amazon? CLICK HERE check out my course, K Money Mastery!
Way #6 – Coaching or Mastermind Events
Coaching is a great business model if you aspire to make a direct impact on other people’s lives.
In my own business, I have two coaching program – Online Business Mastery Accelerator and Life Mastery Accelerator.
Within my programs, I coach and mentor people about how to build an online business and master every aspect of their lives. People pay a monthly membership fee to be part of these programs.
I’m a big fan of Mastermind events. I host a 2-day business mastermind event twice a year. People fly in from all over the world to be a part of this experience.
The personal benefits of a Mastermind group are far-reaching. This is a great way to network with other people who share similar goals as you.
Way #7 – Create and Sell Your Own Software
My brother and I created and developed web-based software for Kindle publishers call K Optimizer.
The only challenge with software is that it requires a lot of money, time and experience. You will need to hire a developer and be prepared to fix a lot of bugs with regards to the technology.
Ready to take your Kindle publishing business to the next level? CLICK HERE to purchase my K Optimizer software!