Bad Ways To Make Money Online
The online gurus like to tell you that it is simple to make money online. Just follow their advice and you can be making an easy 200 dollars a day or more. All that they need is your credit card.
Unfortunately, it is not that easy. If it was, nobody would have a day job.
The truth is that most of these self proclaimed gurus are simply making money off of you by pitching you bad ideas. Take a look at some of the worst ways to make money online, most of which the gurus are pitching.
Taking Paid Surveys
Who wouldn’t want to get paid to just voice your opinion And with paid surveys paying up to $50 a piece, the money should add up quick, right?
Not so fast. The only one who really makes good money from the survey websites are the affiliates that are pushing them. They are likely earning roughly $2 for every person that signs up through their website.
Now, to be honest, I have tried surveys an have had some success. I never found that $50 survey, but I was able to earn a $10 gift card to a local restaurant, so you can make money. The problem was that it took me nearly 6 hours to earn that gift card. So, if your idea of success is less than $2 an hour, you might luck out.
But what if you get really good at surveys, can you make more money? I did a little further testing and I was unable to come anywhere near that original level of success. I would earn about 500 points, (you need 1000 to redeem) and then it just stalled.
I would start a new survey and halfway through be disqualified or ruled ineligible. This, unfortunately, seems like the norm for these websites. It was incredibly frustrating and a huge waste of time.
What these survey websites are really for is advertising to you. To get the big bonuses and points, you have to sign up for trials and buy products. I am sure that you would agree that this is very contrary to your goal of actually earning money.
If you want to make money on the internet, stay far away from paid survey websites.
Doing Tasks On Mechanical Turk
Mechanical Turk by Amazon is a community where you can make money doing odd online jobs for people. It is typically data mining, data entry and things like that. An example of a job might be transcribing a video from Youtube.
The problem with Mechanical Turk is that it favors the Requesters, which are the people requesting the jobs. They are looking to pay as little as possible and there are more than enough people online to drive the price down, especially since Covid.
So, how much can you make? If you are good, $2 an hour is what you will earn. Work a hard 10 hour day, 5 days a week and get $400 a month. Not a lot of money for doing mind numbing tedious work
Starting A Blog
Can you make money blogging, absolutely. Will you make money blogging, probably not.
It takes years to start a successful blog and it is in many ways a full time job. The person writing a blog part time, is unlikely to see much success, despite what other bloggers tell you.
You will notice one thing about bloggers who tell you that you can make easy money blogging, they are all pushing hosting affiliates or want you to sign up for their free 10 step program. Once you sign up for that email program you will, of course, be subject to even more affiliate links.
If you have a passion for writing or for a particular subject, by all means, start a blog. Just don’t expect to retire on it.
Become An Influencer
Being a top influencer is a great thing. I mean, who wouldn’t want to make a million dollars a year for just posting on Instagram? The problem is that you need a lot of charm and a lot of followers.
The people who tell you that you can make money with 1000 or even 10,000 followers are likely pushing an email program. Just sign up for their 10 step program and become an Instagram millionaire.
If you want to make any money at all, 500,000 followers is the starting point with 1 million followers being even better. . Can you reach that point? Sure, but most people will fail because it takes an awful lot of work, appeal and luck to get to that level.
Instead of trying to be an influencer, use services like Instagram as they were intended. They are a way to connect with like minded people. If buy chance you get some success in the future, good for you.
So Is It Impossible To Make Money Online?
Absolutely not, you can definitely still make money on the internet. You can try the methods above, but only a very tiny portion of highly devoted people will find success.
A far better way to use the internet to make money would be to start a real business. Create a real product or service instead of reaching for the dream of easy money. You then use your website to promote that product.
If you are pushing something “real” on a website, it is much easier to get traffic. People recognize you as an actual business instead of an affiliate marketer and they will link to you with less hesitancy.