How can I make passive income online? This is probably the most common question that I get asked.
Right after that, the question is always the same–How long does it take to make money? There’s no problem here, those are the first two questions that I asked when I wanted to start making money online!
But the answers to those questions are as varied as the number of people answering them. So if you’re a newbie, the most important question is one that you need to ask yourself. Check it out below!
The Right Mindset Is A BIG Key
While many online business entrepreneurs will disagree with the best way to make money online and how long it takes, almost everyone will agree that you have to start with the right mindset. So if you’re looking to make passive income online, you need to ask yourself, “Am I going into this with the right mindset to be successful?”
It’s easy to think that you’re going to be able to make money online fast. Everywhere you look, there’s somebody selling a program that swears their system can do it!
You’ve probably run into one or more of those programs that promise huge riches with very little effort. If you’re like me, you probably even tried one or two and probably lost money!
But the videos are so convincing, and the people have to be making that kind of money with these systems because they can’t just tell bald-faced lies online, right? Wrong!
Get-rich-quick schemes pop up all over the internet, and they can just disappear whenever there’re complaints and dissatisfied customers. Then they pop up under another name after being tweaked a little, and claim they’re the latest and greatest money making opportunity ever.
So if you’re looking for that one secret sauce in the recipe to make huge money online fast, you’ll never find it–because it doesn’t exist! But don’t feel bad or get discouraged, you’re just starting where everyone does.
However, where some people get discouraged and give up, successful online marketers changed their mindset and got busy working on their online businesses!
Check out our video below that gives you a very realistic timeline for making money with affiliate marketing:
So What Is The Right Mindset To Be Successful?
Anyone who’s ever made consistent, long-term income online knows that it takes commitment, effort, and time. You have to realize that you are starting a real business and not a hobby. In other words, you need to think like a real entrepreneur!
Let’s look at an example:
Let’s say you like carpentry, so you decide you’re going to build houses for a living. You hire a crew that swears they know how to build houses really fast and buy a whole lot of equipment. Now you’re ready for the loads of customers that are soon going to be pounding on your door!
This is the mindset of someone who is convinced that it’s easy to start a business and make money fast. You’ve been convinced that all you have to do is buy the right plans and somehow you’ll be able to build fantastic houses for all the people who line up to hire you!
No one believes that this is the way to start a profitable construction business. Yet, this is what you’re doing if you believe that you can make money online by buying a too-good-to-be-true system or just putting a few posts on a website.
If you expect to get a ton of visitors to your site that all want to buy whatever you’re promoting, it’s not going to happen that way!
So how successful do you think you could be when starting any business if you went into it with a realistic mentality? A construction business has huge capital outlays, and you need the kind of knowledge and skills that you only get from hard work and experience.
Luckily, an affiliate marketing business has super low start up costs, and the time and effort you need to put in can be done at any time and from wherever you can access the internet!
So even though you’re not going to be making money right away, you’re already ahead of the game with an online business!
Consistency And Patience Can Pay Off Big!
Some of you may be thinking that putting in the time and effort now isn’t worth it if you have to wait so long to see results. It can be very hard to stay motivated without seeing the light at the end of the tunnel.
I felt the exact same way! So I looked for successful online marketers to give me inspiration and help me realize just how big my potential earnings could be if I just kept at it.
One young man is a perfect example of how hard work, patience, and consistency can create a very lucrative stream of income no matter what your age or experience level is.
Jerry Huang is a motivated young entrepreneur who is making several thousands of dollars every month, and it’s just going up and up! He also talks about how the right mentality is one of the keys to making an online business a success.
You can get inspiration from his post, A Very Important Message For ALL Beginners! What Jerry has accomplished is amazing, and he’s happy to share his knowledge with others to help them become money-making online entrepreneurs.
Wondering what the potential is for an affiliate marketing business? You can also read Jerry’s post that details how much money he made in just one week with Black Friday sales at Made $7,395 in a WEEK: First Black Friday Results!
The Right Expectations Can Help You Make Passive Income Online
If you’re looking to make money online, you stand the greatest chance of becoming a success if you have the mindset of a real entrepreneur and treat your business like a business, not a hobby! Then it will be easier to stay motivated and make good decisions.
One of the best decisions you can make is to check out my #1 rated program for your web hosting and training. You can create 2 websites with their starter membership and get access to their wonderful community of marketers who are happy to help you succeed–all with no credit card required!
Wealthy Affiliate is the platform where I learned everything I know about making money online and where I host all 6 of my websites. In 2017 I was looking for a way to make passive income online, just like you. Enter a name for your first free website below and see how easy it is to create an online business:
So there’s no reason you can’t get started today! Let me know what you think about making money online. Do you think the right mentality is one of the essential keys to being successful with an online business? Tell me in the comments below!