The ONLY Two Ways To Making Money Online
- By selling your own stuff
- By selling other people’s stuff
If you surf the net, you’ll find tons of information on this topic, often making things more complicated than it really is.
Many people do not have their own products, so they build their business selling other people’s stuff.
Now, it’s easy to fall into “paralysis by analysis” especially when you are starting out… looking at one ‘opportunity’ after another. With a bunch of great looking offers with well-crafted, persuasive copy, it’s really easy to get distracted. Trust me, I’ve been there!
One thing I did learn to do is to keep things simple… and so should you if you’re just starting out or looking to beginning your journey making money online. My recommendation is not to make it too complicated (the K.I.S.S. principle is in order here… Keep It Simple Stupid!).
Remember, you are either selling your own stuff, or you are selling other people’s stuff.
Of course, there’s all kinds of different lead generation and traffic getting strategies that can be used to sell the ‘stuff’, but it ultimately boils down to this… SELLING – whether it’s your stuff or other people’s stuff.
So, the question is…
Should you sell your stuff or other people’s stuff?
Eventually, I’d say do BOTH if you can.
Why?
Because ALL super affiliates made (and still are making) a LOT of money online doing BOTH. It also serves as diversification of your income portfolio creating multiple streams of income for years to come. As well, having your own products serves to create your own brand as a trusted authority in your niche which is essential in building a response mailing list that will buy from you repeatedly (both your products as well as your recommended products of others).
But when you are starting out, you are still going through the learning curve, so it’s more prudent to focus on selling other people’s stuff so that you can focus on building out your website, blog, autoresponders, etc. and not be bothered with product creation, customer service, shopping carts, merchant accounts, sales letter, etc..
‘Start Small, Think Big’ is a good advice to follow here.
Start selling other people’s stuff as you learn the ropes while generating cash flow from the affiliate commissions, then eventually create your own stuff and focus more on selling your stuff then.
But do note that even the well established ‘gurus’ who make tons of money online continues to sell other people’s stuff because no one can ever create enough products to fulfill all of their customers’ needs. So, they continue to sell other people’s stuff that’s complimentary to their own stuff. This not only creates more cash flow for them, but also helps them to be resourceful and help their customers get what they want.
So, this is what I suggest you do too… no matter whether you are a complete newbie or a seasoned veteran… you should add affiliate income stream to your business.
If you are just starting out, I personally think this is the best place to start. If you’re already selling your own products, then this is how you can increase your cash flow with almost no extra work.
