There's No Better Motivation Than Making Money

Money Is The Motivation

In my mind there's almost no better motivation out there than money. I'm not saying money will make you happy or that money is the most important thing in life. Far from it. To be money has nothing to do with watches, or cars, or fancy clothes. To me money means security, and money means freedom in the choices you make and being able to live your life the way you want.

When I say money is the motivation, I'm not even talking about having to make a lot of money. When I first started making money online I was living check to check. I started a blog and ran Adsense on it. I remember when I started making $3 a day I was excited. Sure $3 a day isn't much but $3 a day is $21 a week. That's $84 a month. Sure it's not going to make you rich but that will pay a phone bill, or fill up a gas tank a few times, or will be a fun night on the town.

Once you start making $3 a day it's not a far stretch to say okay if I can make $6 a day, now your making $180 a month. Once you hit that mark, it's not a far stretch to make $12 a day and that winds up being $360 a month. Now this is starting to be "real" money. Some people have to take a part-time job to bring in that extra amount of money each month and now you're able to make that in your free-time doing something you hopefully enjoy doing, writing a blog, vlogging on a Youtube Channel, etc.

I'm a big fan of promoting the idea that it's necessary to have more than one hustle. You need to have multiple ways to make money online. This is for two main reasons.

First, many ways of making money online require a third party be it eBay, Amazon, Paypal, Stripe, Youtube, Adsense, an Affiliate program. When a third party is invovled nothing is secure. A third party could ban you from the site, could change a payout policy, the point is it's not totally in your control. For example if eBay shuts down your account or suspends you, your business is done. If you have other things going on you have other projects to move onto, and you have other revenue streams.

The second reason you want to have more than one hustle is because it gives you more of a chance of success. They say 9 out of 10 businesses fail right. So if you start 10 businesses your bound to succeeed. I say this somewhat in jest. There's another school of thought you should have laser focus and focus on one thing or one project. Though I do agree with this once you start having success with a business, but when your first starting out, you almost need to take the the attitude of throwing stuff at the wall and seeing what sticks.

About 7 years ago I started with affiliate marketing. After a year or two I kind of thought it was a stupid business model and sort of abandoned it for a few years. Now here we sit today and I've increased my skillsets and learned more about driving traffic and selling and now I love affiliate marketing.

The same thing hapenned to me with Kindle Publishing. I started off a few years back, was really gunngho, and it wasn't bringing me in the type of money I wanted so I kind of left it behind. Now fast forward a few years and I'm loving being a Kindle Publisher and also bringing in some decent money with it.

My point is when your first starting out you don't really know what your skillsets are. You don't really know what you enjoy, and you don't really know what your going to have success with so by trying a number of different ways of making money your more likely to find success and more likely to find what works.

One more thing I'll add. When I say multiple ways of making money it can often mean finding multiple ways to monetize one activity. For example if you start a blog and Youtube channel about a topic, we'll say hoverboards as an example. You can make money off monetizing your Youtube videos and by running advertisements on your blog posts, and you can also run your own affiliate ads on that as well. All in that one activity you've found 4 ways to monetize that activity.

There's no better day than today to get started so get something rolling and experiment with some different things. Freelancing on Fiverr, selling on eBay, selling on Amazon, join a few affiliate programs, start a blog, start a Youtube channel and see what works.

Best of luck!