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How to Start an Online Business with 3 income streams

Many people think that building an online business is hard and so complicated. But it's much simpler than you think and you only need to work 2-3 hours a day to make some extra $300-$400 online and later on you can make much more if you work more than that.

So without wasting time let’s get started.

To build an online business we mainly have two paths. First is to build one online business and work on it and the second is to combine multiple income sources and build an online business.

In this post, we are going with the second path and combining 3 income streams.

The first income source is Freelancing. Simply you have to learn a skill like video editing and offer your services on freelancing platforms like Fiverr, Upwork, etc.

The main work here is to learn a skill, don't care about orders now. Believe me, you can easily learn a skill in 30 days or less depending upon how much work you put in.

It’s hard to get clients on freelancing platforms if you are new, The best way to get orders is through social media platforms and by reaching out to people by cold mailing.

The second income source is Affiliate Marketing. This is the easiest and fastest way to make money online.

Affiliate marketing is promoting products and services for other companies and when you generate a sale you get a commission. The best part of affiliate marketing is that you don't need to create or buy a product.

You can start affiliate marketing in 3 simple steps

Join an affiliate network and get your affiliate link.

Start promoting your affiliate link on social media and on your blog.

Enjoy your earnings.

Of course, I am not saying you spam on social media, you have to provide value to people through your content.

The third and the best income source is to start a blog. You can start a blog on blogger for free but I recommend you to go with WordPress. Blogging is best because when you have traffic and an audience you can earn through many ways:

Advertising with Google Adsense, Ezoic, etc

Affiliate Marketing( promoting affiliate links on your blog)

Selling your services

Selling Ad space

Selling courses and E-Books

Sponsored posts

Build email list

You can earn thousands of dollars every month through blogging.

I know this post didn’t give you the exact idea to build an online business. But if you want a full guide on Freelancing, Affiliate Marketing, Blogging, and much more stay tuned and follow me.