If you have visited my website before, you will know that I am usually writing about how to make some extra money on the side – mainly with free methods.
Today I will, however, be focusing on something a bit different. I often mention in my articles that doing paid surveys and other free online micro-tasks can be a great way to make some extra money, but it will not make you a full-time income.
Some people are just interested in making some extra cash, and then these options are the best and easiest way online and one of the only ways that are 100% free.
But I am often also asked if there is a legit way to make a living online.
So in this article, I will tell more about how to make a full-time income online and if it is even possible.
I can tell you right away that it is definitely possible to make a very good income online if you are willing to make an effort.
Therefore, I today want to go into this topic and explain what, in my opinion, is the best approach to building an online income if you are serious about this and want to make a living online.
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- Myths about making money online
- What opportunities are there to make money online?
- What is the best way to build an online income?
- How do you get started with making money online?
- Is building an online income for everyone?
- Where can you get more knowledge and help?
Myths about making money online
Before getting into the best way to make money online, I want to give a few warnings and bust a couple of myths.
If you are not aware of these, you can end up approaching making money online with an approach that will ultimately make you fail and, in some cases, even lose a lot of money.
With the right approach, you will instead have a great chance of success no matter what your experience or background is.
Myth 1 – It is quick and easy to make money online:
If you are expecting to be able to just do a few clicks online, and then you will be rich, I am sorry to disappoint you.
Of course, there are stories of people being extremely lucky, but most people that become successful online have done a lot of work to get there.
Anyone that tries to sell you the idea that it is easy to become rich online and you do not have to make an effort to get there is NOT telling you the truth and is probably just trying to get you to buy something he/she is getting paid to promote.
Myth 2 – You will become rich overnight:
I am not saying that this never happens. If you are very lucky, it can happen that you will become rich in a very short time from working online.
But if you think this is the norm, I am sorry to disappoint you again. An online business/income, like any other business, takes time to develop and make a real profit from.
If you want to be rich, that is also great, and it definitely can happen online. However, people that are expecting this to happen overnight are often also too impatient to put in the work that is really required to make it happen.
Instead, they will easily get attracted to the next shiny online thing that promises them this. That is why there are so many online scams that promise you will get rich in no time – many of us are looking for an easy solution.
Easy solutions can be nice if they are really solutions. But just be aware that often a quick fix/solution is in reality, not really a solution, but more a distraction.
So do not expect to become rich overnight, and be patient, if it does not happen.
And be careful about joining the programs that promise you to become rich instantly and with no effort – most of the time, they are scams, where you will end up losing your money instead and be pushed into investing a lot of money before you realize you will never make any money yourself.
I just wanted to get that out of the way, as expecting working online will make you rich overnight and, with no effort, will keep you from actually succeeding. So if you are still interested, then let's get into how it can then be done:-)
What opportunities are there to make money online?
If you have looked a bit around to find out how to make money online, you will probably also have seen a lot of suggestions.
It can, for example, be casinos, trading of stocks or currency, MLM, binary options, and many more. Some of these can definitely be a way to make money online if you have the necessary skills, while others (especially binary options or MLM) can end up giving big losses instead if you are not careful.
If you want to start making money online, I would suggest you consider building an online income through a website.
It might sound a bit scary if you have never worked with websites before. But it does not have to be, so let me explain a bit more about that option, so you can see if it might be for you, no matter your previous experience.
What is the best way to build an online income?
As mentioned above, I would recommend looking into building an online income through a website/blog, if you are serious about wanting to make money online.
If you are willing to put in the work to build a good website, it can be very profitable, and you can get started very cheaply (or even free).
At the same time, this is a great way of making money from a passion or hobby of yours and doing the work whenever it fits into your schedule – and that is probably why many of us are interested in building an online business, right?
It might sound difficult, but it does not have to be. The process of making money through a website can very shortly be explained in these 4 steps:
- Find at topic/niche:
This is a topic that you are passionate about and preferably also have some knowledge about. That will make it easier to eventually make a website about a topic that you are passionate about.
If you need help finding a topic, you can see this great video about how to choose a niche.
A niche can be any topic, and you can build an income in almost any niche once you learn the right approach.
- Make content for the website:
You need to make content for the website in order to later be able to make money from it. Content can be articles, reviews, videos, etc. Shortly explained, it needs to be interesting content that helps people. So if you focus on helping people, you will automatically make great content.
- Get traffic for the site:
Once you have content on the website, you need to get people to visit the website. There is a number of ways to make sure this happens. I will mention below where you can find more information about this, as it is too big a topic to go into detail with here.
- Make money from your website traffic:
Once you have traffic, there is a number of ways to monetize the traffic. It can be from ads, selling products, affiliate marketing, and many more options. You can click the link below to learn more about the different options.
==>Click here to watch a video about the 4 steps in creating an online income<==
How do you get started with making money online?
The above process sounds very simple, and it actually also is. It does, however, take some effort.
And you might still wonder how to actually practically do every single step the right way to make sure you will succeed. If you have not worked with websites before, you might need some more training and help.
In that case, there are many online resources where you can find information.
I have tried many of them, and I find that the best online training platform is the learning platform Wealthy Affilate where you can sign up for a free starter account.
With the free starter account, you will get access to 10 lessons that will get you started with your website and online business and tell you what to do step by step.
You will also get a free starter website, so you can actually start building from day one while doing the training. So this can be a great way to get started and find out if it is the way you want to go.
You can stay a free member as long as you want, but if you at some point want even more support and training, Wealthy Affiliate also offers a premium membership.
If you already have experience with websites, it can still be great to check out the link above, as it gives some very valuable information about building an online income that is very difficult to find other places.
I myself had worked with websites for many years before joining this training platform, and I still learned a lot of new things and learned exactly how to apply my knowledge to also start making money from it.
Is building an online income for everyone?
I would say that it is possible for anyone to create a successful online income. However, to be honest, not a very big percentage of people trying to make money online actually succeed. Mainly because of the myths or the wrong approach I mentioned at the beginning of this article.
To succeed, you have to know that it will not just happen by itself and overnight. You have to be willing to make an effort and put in some work, and be a bit patient.
If you are willing to do this, you can also succeed. So approach making money online with dedication and be willing to put in the effort. The effort can, in the long run, give you the freedom to work for yourself, whenever you want, and wherever you want.
But do not approach making money online as something you will just try for a few hours and then move on to the next program that promises you can make money the first day. If you have this approach, you can end up wasting a lot of time and money joining scams that promise this is possible.
Where can you get more knowledge and help?
As mentioned above, there are many online resources that offer advice on how to build an online business. Not all of them are, however, of very high quality.
The best platform for getting support and continuous training is, in my experience, Wealthy Affiliate.
It offers extensive training to build the foundation of your online income, and it daily has new high quality trainings about various online business topics and a community of members that are always ready to help (myself included).
If you want to try out Wealthy Affiliate for free, you can click the link below. By clicking, we will also automatically be connected on the platform, and you can then contact me personally with any questions or help you need. I will be happy to share my experience with you and help you succeed.
==>Click here to start learning at Wealthy Affiliate for free<==
If you have any comments or questions, feel free to leave a comment below, and I will get back to you asap.
69 thoughts on “How to Make a Full Time Income Online (Is it Even Possible?)”
Thank you so much, Mikael. I just finished a five days email course with you and I’m already blessed. I’m definitely taking advantage of those opportunities.
Glad to hear it helped.
Glad to hear it helped.
Is it easier to get traffic for a blog than a youtube channel? Since Youtube takes forever until you can actually monetize.
Both take time to build up. In general, there is no quick fix to building a full-time income online, and it will require time and effort. But that effort can definitely be worth it in the long run. Whether a blog or YT is best really depends if you prefer to create written or video content.