Having your own line of products whether it be physical or digital is the most profitable route you could take. However, you MUST know how to do online marketing. You could have the best of the best product in the world, but it means absolutely NOTHING if you don't know how to market it. Owning your own website is a must if you are serious about taking this route. Branding yourself is critical to success. This method is not too dissimilar to Affiliate Marketing, except you sell the product directly rather than getting a vendor to process it as an affiliate.
If you like the idea of creating and selling your own products, I recommend following the same first class training so you can get off to a flying start. Trying to do this solo may work out, but it could take you a lot longer to learn the ropes and a lot of wasted money from trial and error.
Methods Of Making Money Online I Don't Recommend
- Rev Share Schemes: Also known as Revenue sharing programs. These are outright scams and the only way anyone can make money is by taking money off the next person to join. There is no legitimate way the programs can earn external revenue, yet they promise ridiculous payouts like 4% return daily etc. They are scams and don't believe what anybody else tells you about them. The only reason they are telling you ‘Oh I made $100' is because they need you to join so they can take money off you to keep the program going. See My Triple Threat Review of the latest Rev Share I was involved in. MLM: (Multi Level Marketing) This is where you recruit people and get paid, but you also get payment from the person you just recruited when they make their own recruitment. Hence the name multi level. Sounds awesome right, except it's incredibly hard to actually recruit members that want to recruit other members, and then they have the same problem and typical everyone just quits. You are essentially putting your business in the hands of your recruits to make money. Plus most of the time, the products you have to sell (Recruit) are over priced by a mile and nobody wants to pay a high price for something they can get cheaper somewhere else. Binary Trading/Forex: Very risky business models and you can loose a lot of money very quickly. I was in Binary Trading for a little while and it wasn't until I lost $2000 in one day I decided that I would cut my losses. Plus many binary trading platforms (Where you invest your money) are scam artists that pressure you into putting more and more money into their platform. They manipulate your bets so you lose all your money and they pocket it instead. Be very carful with this method.
