How to become a billionaire online, is this possible? Can I learn how to become a billionaire? Well if you look at this very moment there are about only 388 billionaires in the world and to be honest..billionaires like Bill Gates and Jeff Bezos make up for more than 50% of these billionaires. Did you know that the average age of the world’s billionaires is 63 years old? I mean come on can we really compete with these guys? It’s not like we’re that young and don’t have much experience under our belts. You might think to yourself that it’s not possible to become a billionaire, well if it is true then what would you do in order to get there?
Hard to believe, but it’s true. You can become a billionaire online in just one day! Nowadays, if you can get hold of the internet you will have more than enough opportunities to build yourself a filthy wealthy empire.
You won’t become a millionaire overnight.
In fact, even wanting it says a lot about the type of person you are.
We’re talking about becoming a self-made millionaire here, through focused work for years, but which will create the foundation of an abundant lifestyle for decades ahead.
That’s definitely worth hustling and making sacrifices for.
If you aren’t ready to do that, to have it hard for at least 1 year, then you also won’t be ready to handle the responsibility that comes with a million dollars.
You’ll need some sort of Internet business.
To become a millionaire online, you’ll need to be doing something related to the digital economy.
Even if you’re not tech-savvy, even if you think you lack the skills, even if you have no idea where to start, don’t worry. It’s all doable.
Today you can build websites without coding and design knowledge.
You can be a blogger, vlogger and podcaster without actually knowing how to edit all types of content. There are platforms made for each of these and you don’t even have to build your own.
You can directly post content where people who like it already are spending time online. You can even manage most of your business from your phone.
The guides and tutorials for each of the ways we’re going to cover on how to become a millionaire online are out there waiting for you to read/listen/watch to them and put the advice into practice as soon as possible.
The moment you do this, you’re already a step ahead of the complainers who don’t really feel like putting in the work.
The ultimate goal here is creating passive income streams. And what better way than to make money online through blogging.
I’m a big believer in having your own online platform. I started Let’s Reach Success almost 5 years ago when I knew nothing about blogging and making money online, while in university and looking for a way to do something different.
Now, 1700 articles later, it’s the sole reason why I’m able to earn $5,000/month and work just a few hours every other day (although I like to spend a lot of the rest of my time working on other things related to my online business).
Blogging will change your life and I created a free course to show you exactly how to start a blog.
y Heidemann and Nick Noonan, hit it big when the video gained over 68 million views after its upload in April 2011, propelling Karmin to a million dollar deal with label heavyweight Epic Records just a month later. “Brokenhearted,” the lead single from their debut album, has now gone platinum.
You do not have to be a singer to become a YouTube star. If you are lucky, you could shoot a video of your child, pet, or a double rainbow that strikes a chord and goes viral. YouTube might then get in touch asking you to become a partner, meaning the site will run ads along with your clip and share over 50% of the revenue with you. The father of “David After Dentist” has made more than $100,000 from YouTube ads alone. As well as advertising, viral video celebrities can diversify into TV appearances, merchandise and even iPhone apps, as the creator of “Charlie Bit My Finger” has done.
YouTube is not the only platform to launch the careers of millionaires. Sophia Amoruso, the founder of online clothing store Nasty Gal, started her business by selling vintage finds on eBay. After building a fan-base she outgrew the platform and created her own website. Nasty Gal is now worth $130 million, and is set to do $128 million in sales this year.
These days, there are many more online retail options on which to cash in. Alongside the tried-and-tested web marketplaces of Craigslist and eBay are stylish sites like Threadflip, a place for sellers to turnaround their used women’s apparel. ModCloth, which peddles vintage threads while carefully integrating social and mobile aspects has become increasingly popular, earning its 27-year-old husband-wife founders Eric and Susan Gregg Koger a spot on Forbes 30 Under 30 list.
Bloggers can make it big, too. First, you’ll need to set up a site which will become your platform to write on music, fashion, finance or whatever your interest may be. Build a following and readership, and you could catch the attention of companies looking to acquire your site. In 2008, Johns Wu, the founder of Bankaholic.com, sold the site to Bankrate, Inc. for $14.9 million. Entrepreneurial tech site TechCrunch was acquired by AOL in 2010 for $30 million, making its founder, Michael Arrington, a wealthy man.
Fashion bloggers can also get rich. Just look at Leandra Medine, the woman behind the Man Repeller blog, whose site grew so popular it spawned two jewelry lines with Dannijo and a collaboration with Del Toro on $325 shoes.
Other ways to monetize your writing include selling affiliate marketing through programs such as Amazon Affiliates. Bloggers place an affiliate link for the product on their site, and whenever a visitor buys a product by clicking on that link, they will be credited with a sale and make a commission. Bloggers can also sell advertising space, earning higher rates for more visitors.
With a little creativity, you might just become the next Internet millionaire. So power up, log on, and start turning your talents into cash.
Freelance your way to a million dollars.
If you’re a complete newbie to online business, you might want to start with freelancing.
That’s how I began too, with no experience. Through focused work and improving my skills together with building new ones, I started earning more than $4,000 per month blogging and freelancing.
If you’re interested in making your first money online as soon as possible by finding your first freelance client, I created a free course for you.
Enroll in Make Your First Money Online Freelancing for free now.
Back to freelancing your way to a million dollars. Here’s how the beginning looks like:
One way is to do your current job online and on your own, finding clients through platforms like Upwork, Freelancer, Fiverr, Guru, etc.
If you’re ready to start it on the side and soon ditch your 9 to 5, then choose a skill you’re willing to build.
Ghostwriting or copywriting, Internet marketing, coding, web design, video editing, translating, etc. All these are and probably always will be in high demand.
Find untapped niches.
You might be wondering how to become a millionaire online when the competition seems to be fierce in every possible niche. But that’s not necessarily the case.
As technology evolves, people’s desires change, and creative people transform all fields online, it will always be possible to find untapped niches.
Monetizing them once you find one that you’re interested and see potential in can happen in a few ways.
These are called unsaturated markets and there’s little to no competition there, but the demand is present.
For instance, when Instagram came out, it led to the creation of many other software products that offered services related to it. There are plenty of other ways to make money on Instagram too.
Now, some of these companies that came up with more filters, or ways to unfollow people fast, or to automate comments and likes, are businesses for millions of dollars. The same goes for a new physical product like each new iPhone, for instance. That then creates the need for a new case. You see the point.
Entrepreneurship is for the creative individuals willing to take risks, be the first to enter a field, and test new products when they see people might be interested in them.
If you’re willing to be an Internet millionaire, you need to start doing an extensive research to find untapped markets.
Conclusion:
When you want to learn how to become a billionaire online, you should not delve deeper. There are several ways to become a billionaire; some people may choose to take the easy way. The traditional way is probably harder than most people anticipated. It takes dedication and hard work, that is why majority of people fail.