Making money online doesn’t have to be hard. You don’t have to be a computer whiz, and you don’t have to be an experienced entrepreneur.
There are tons of people like me, not the smartest guys out there, who have figured out how to make money online. When I first started out, I was in high school, and I had no clue how to even set up a corporation or where to start. But, I figured it out over time.
Just to prove it to you, I’ll show you 5 businesses that are making money online despite the fact that their founders didn’t know anything about running a business when they first started.
#1: Timothy Sykes
As you already know, most people lose money trading stocks. Tim, on the other hand, is really good at studying the market and trading penny stocks. Although he personally is able to make $100,000 a month trading stocks, he figured that he could make a lot more money teaching others how to become good traders.
He started TimothySykes.com so he could educate you about the stock market. His knowledge was so well received that people wanted more information, so he naturally started producing more content. But instead of just giving it away, he decided to charge for this extra information, which is in the form of DVDs.
Tim is making a whopping 1.3 million dollars a year from his blog.
#2: Chicks Love Me
Mike and Jason are two Southern California kids that specialize in the topic of dating. For a living, they teach men how to be attractive. When they first hit me up years ago for business advice, I thought these guys were full of crap and wouldn’t make a penny. Later, I met some of their customers, and I realized that they were solving a real pain in the market place.
If you fast forward to today, you’ll see that they packaged their knowledge in an ebook, which they sell on their website, Chicks Love Me. They are now pulling in around $20,000 a month in profit. That’s not too shabby for two guys who start their workday at 11 am.
#3: Toon Junkie
Did you watch cartoons like Duck Tales, Digimon and Talespin when you were a little kid? Manu Sethi was a cartoon junkie as a kid, and he felt that the cartoons these days just don’t compare to the ones that he watched growing up.
He is so passionate about cartoons that he started a business that allows you to share great cartoons you grew up watching with your kids.
Manu paid a developer to create an ecommerce site that primarily sells old school cartoons. Toon Junkie is now pulling in a bit more than $81,000 a month in revenue.
#4: YouPorn (NSFW)
A few years ago, I got a phone call from a Stanford dropout who decided it would be funny to create a YouTube clone that only had adult videos. He didn’t really have a business model, but he felt you shouldn’t have to pay for adult videos.
When I asked him how he made YouPorn so popular, he responded saying that he gives customers what they are looking for. And that happens to be free adult content.
#5: Bradford and Reed
A buddy of mine, Andrew Warner, wanted to start a business when he was a kid. At that time, he didn’t have any money or even a decent computer.
He wanted to create a way that would allow people to get free greeting cards online – e-cards. With the world becoming increasingly computerized, why can’t we receive greeting cards through email, right?
He decided to return his old J-Crew clothes for some cash. He then used that money to start an e-greeting-card company. He didn’t know how to program or create a website, so he found a business partner that could deal with the technical end while he dealt with the business side of things.
Within a few years, the company started to pull in 38 million a year in revenue and 18 million a year in profit.
By no means am I trying to convince you that creating an online business is easy. For every one of these success stories, there are thousands that have failed. At the same time, you need to realize that it isn’t rocket science.
Instead of worrying about all of the details, just go out there and put something up. If you spend too much time thinking about an online business instead of creating one, you’ll never make money.
In addition to that, the people I mentioned above did get lucky to some extent, but the real reason they are all doing well is because they solved a pain in the market place. If you can solve people’s problems, you can charge for it.
- Timothy helps you make money from the stock market.
- Mike and Jason can help you meet women.
- Manu makes it possible for you to watch the old cartoons you once loved.
- The YouPorn founder helps you watch adult content for free.
- Andrew Warner made it possible for you to send and receive greeting cards online.
Do you know of other people who did well online but weren’t computer whizzes?