If You Keep Asking This Question, You’ll Never Make Money
We all want to make money, but a desire to make money isn’t enough. We have to identify the income streams we’ll tap into, put in the work, and learn along the way.
However, money isn’t just about putting in the work. If that were the case, more people would be wealthy. There are plenty of reasons why some people make more money than others, but if you keep asking this question, you’re likely in trouble.
“What’s the fastest way to make money online?”
While we’d all love to make money faster, this question reflects a poor money mindset. Any meaningful endeavor requires time, work, and a long-term focus.
You might hear about some people who make 6-figures self publishing books on Amazon…but this is no overnight accomplishment.
It takes most authors multiple years to reach that point because they have to write multiple books while growing their audiences and refining their marketing behind the scenes.
There are plenty of avenues you can choose that will lead you to 6-figures…IF you continue to improve, build relationships, and put in the work.
People looking for the fastest way to make money online are striving towards an unrealistic goal…hit their target income number in a few days or weeks instead of several months or multiple years.
The latter scenario is far more realistic, but people want explosive growth right now. This is short-term thinking that results in shiny object syndrome where it’s never your fault.
Your self published book isn’t doing too well? The industry is “oversaturated” and now it’s time to give training courses a try.
Training courses didn’t work? Everyone’s doing them nowadays and the competition is bigger than ever.
Just because you hear about someone making it as a writer or training course creator doesn’t mean you should pursue that path too. That path may not be for you, and that is okay. Everyone has a different path they must take.
Furthermore, there is a combination of factors that lead to success including hard work…but also being at the right place at the right time. If you were self publishing books in the early 2000s, you had a distinct advantage compared to people who start right now.
That’s not to say the industry is oversaturated. Sure, it’s gotten far more competitive since the early 2000s, but over saturation is an excuse for not growing your platform.
Growing your platform takes time. Some strategies are faster than others, but it’s a multiyear process for most people to achieve their income goals and replace their salaries with side hustle income.
Rather than keeping asking about the fastest way to make money online, think more about getting rich slowly. Stick with a proven concept until it becomes successful for you.
I started to take YouTube seriously again earlier this year. The reason I stuck with YouTube this time is because I gave myself a 6 month window to see results. I didn’t make any money from YouTube through Adsense, but I did get a client and some book sales.
Enough to prove the concept, and enough to inspire me to work towards the 4,000 hour milestone (I’m less than 1,000 hours of watch time away).
Stop looking for the fastest ways to make money online. Look for the most scalable and sustainable methods. Start with a focus on growing your audience (and email list) and build out from there.