hey everyone this is Stefan James from
project life mastery today I'm going to
share a few the 4 best ways to make
money online in 2020 and beyond so if
you're someone that's watching this
right now and you're brand new you're
looking to get started making money
online but you're not quite sure where
to start or what are the best
opportunities for you to pursue in 2020
and beyond then this video is gonna help
you with that or if you've already got
money online great this video is gonna
help you discover what are the best
trends and opportunities that can really
allow you to grow your business even
further by putting more time attention
and focus into that so let me give you
an idea right now of where the Internet
is and where it's going the potential
the growth and the opportunity right now
today there's about 4.3 billion people
that have access to the Internet that's
a lot of people but over the next ten
years that number is projected to
increase to 7.5 billion people so
essentially over the next decade there's
an additional 3 billion people they're
going to have access to the internet
that never did before and that means
that that is such an incredible
opportunity for someone like yourself
and myself to take advantage of the
internet because it doesn't matter what
you're doing online if you're selling on
Amazon or Shopify or your Facebook page
or Instagram you've got a YouTube
channel a podcast no matter what it is
you're gonna benefit from all this
potential growth automatically just by
more and more consumers getting access
to the internet buying things online
with all the technological advances that
are coming whether it's 5g technology
which is already here but it's becoming
more mainstream it's making a lot it a
lot easier and faster for people to use
and get access to the Internet to
entrepreneurs like Elon Musk who are
launching satellites into space so that
the entire world can have access to
high-speed Internet I mean these are
game changers that when you're part of
the internet you know a rising tide
raises all boats if you've got a boat in
the water and the tide rises the
internet increases improves technology
advances you benefit from that so that's
why I'm so bullish on the Internet and
the opportunities because I believe that
the Internet has been the great
advantage and breakthrough of our
lifetime and starting an online business
and learning how to leverage the
internet to make money from it is the
greatest opportunity that we have and
that's why you see so many people today
becoming millionaires and
multimillionaires and billionaires I
mean there's kids that are in their 20s
that are now becoming billionaires
whether it's a Kylie Jenner
you know leveraging Instagram and social
media to you know Mark Zuckerberg and
starting Facebook I mean it's really
mind-boggling the world that we live in
today and the opportunities that present
itself and it's not that any of this is
easy of course it's hard work to build a
business there's a mindset there's a lot
of components and being successful with
anything but if you're committed enough
and you put your time your attention
your focus into learning the internet
learning how to build a business
learning how to leverage internet
marketing then it can truly change your
life in so many incredible ways now let
me dive into this video and share with
you the four best ways the ones that I
think have the greatest opportunity and
potential
the first one is ecommerce ecommerce and
specifically selling on Amazon okay
selling on Amazon Amazon is the largest
online retailer in the world in fact
just actually the other day I was just
reading about Black Friday the time of
this video we just had Black Friday
Cyber Monday which are the biggest
retail events of the year it says on the
Yahoo Finance US Black Friday shoppers
stay away from stores make 7 billion
plus splurge online that's not even
including cyber monday cyber monday is
just after Black Friday where people are
more known to actually buy online but
the statistics and the data all shows
and points to people buying less and
less in physical retail stores less and
less people are buying from
brick-and-mortar stores they're not
buying from Walmart and Target and these
you know this stores as much as they
used to I mean if you think about it's
such a hassle to get out of your house
put on your shoes and get in your car
drive to Walmart you can look for
parking and then you're gonna walk
through the aisles and you have to you
know check out the product behind the
clerk and the whole process of shopping
is kind of getting a more old-school
compared to what you can do today
today from the comfort of your home you
take out your phone you take out your
computer you can you have way more
variety of products that are available
on Amazon for example you got Amazon
Prime you already got your credit card
length you just fill out your shopping
car hit checkout and then before you
know it the next day or a few days after
that the products are arriving to your
door and Amazon I mean not only are they
the biggest retail giant I mean if you
look at Target Walmart they're investing
more into their e-commerce to take
advantage of it but Amazon is bigger
than all of them combined and one of the
greatest advantages of Amazon I'll go
more into the model in ways that you can
make money from Amazon but with Amazon
they're on the cutting edge of all the
technological advances I mean in terms
of their fulfillment center I mean with
robotics and artificial intelligence
those are new advances that Amazon's
heavily investing into which makes it
easier and better and faster and cheaper
for someone like yourself or myself to
sell on their platform they already have
hundreds of millions of people that use
Amazon and they're growing massively
international you know with their
ability to better ship products and get
products from their warehouses to the
consumers hands and doors faster they're
on the cutting edge of so Amazon is a
company that is only going up there's
only more and more potential from Amazon
I mean they grow about 20% every year
and it's staggering the opportunity of
it I mean when I look at almost everyone
that I know that sells on Amazon or
Shopify or online in general there
their numbers are going up year after
year because as Amazon grows you grow
you benefit from that so as I said a
rising tide raises all the ships so
Amazon I think is one of the best
opportunities now when I look at Amazon
what is a Amazon sell Amazon sells books
and everything else alright so they
started as a bookstore online but
they've branched off to selling pretty
much everything you can possibly think
of is on Amazon so the bigger
opportunity on Amazon is private
labeling products selling physical
products so for example the process of
that and I've got other videos on my
channel that you can browse around and
find that explained the process more but
it's deciding on a product that you want
to sell in Amazon that has high
potential
demands and then what you do is you find
a supplier that's manufacturing that
product whether that supplier is in the
United States whether it's in China
whether it's in any other country around
the world and you have the manufacturer
the product you put your own packaging
your own label on that product it's
called private labeling if you can make
the product better you should if you can
make it improve it of course you always
want to do that or differentiate in some
way but you then get that product made
overseas you ship it to the United
States or whatever Amazon platforms are
selling it could be in Europe it could
be in Canada it could be in Australia
but you send it to Amazon's fulfillment
centers and then you set up your Amazon
listing and now you have your own real
estate on Amazon's website do you have
your own product your own product
listing with images the price reviews
all of that and then you learn how to
how how to rank your product on Amazon
you can run Amazon ads there's so many
strategies available on how to sell your
product but Amazon does a lot of the
heavy lifting for you because they take
care of the fulfillment for you and they
even help you with the marketing of your
product so Amazon is not going away the
opportunity of it is huge ok with
physical products as well as books
ebooks are great as well when I look at
books whether you want to write books
yourself or hire a ghostwriter to write
for you or partner with other authors
you can publish Kindle books you can
publish paperback books or hardcover
books or audio books right I mean audio
books is it's got huge potential because
more and more people they can see them
content through through audio write
podcasts and audio books of that nature
so there's so much potential in Amazon I
think that's one of the greatest
opportunities that's you know that has
been for the last years but continues to
grow I don't see it slowing down there's
so much opportunity for someone that's
brand-new because there's so many types
of products that you can sell and
there's not enough competition in my
opinion because there the amount of
demand that consumers have on Amazon far
outweighs the number of competition
there that there is so Amazon is great
and I think Amazon is the most powerful
platform for e-commerce but also
leveraging Shopify which is creating
your own online store you don't get the
same benefits at Amazon
does for you but animals but Shopify a
lot gives you more control over your
brand and your products so starting on
Amazon and then transition you to
Shopify I think that is one of the best
strategies out there in terms of
building a business creating passive
income and creating the life that you
want so that's number one
number two would be affiliate marketing
affiliate marketing affiliate marketing
is my favorite way of making money
online and affiliate marketing is always
going to be relevant and always have
opportunity and potential because
affiliate marketing is when you promote
other people's products now all of these
companies that sell online whether they
sell on Amazon they saw on Shopify
they've got their own course their own
digital product no matter what it is the
number one challenge that every company
online has is selling their products
they want to get more sales right they
want to increase the number of buyers
and customers that they have and so
that's why all of these companies out
there including Amazon they have
affiliate programs an affiliate program
that anybody can join they're free to
join so for example if you want to join
amazon's affiliate program you can if
you want to join an affiliate programs
for most products out there you can and
when you join their affiliate program
they're gonna give you a percentage out
of every sale you generate for them so
they give you an affiliate link you can
use that link under blog on your YouTube
channel your social media you know
you're running ads or whatever it is you
can use that link and when you gen when
you drive traffic and people click on
the link and they buy the product you
earn you earn a commission from that you
know it's it's pretty awesome because
you didn't have to create the product
you didn't have to invent it you don't
have to take the risk you didn't have to
invest in inventory you didn't have to
build a team and have customer service
and all the expenses that are involved
in creating and selling a product as an
affiliate marketer you can just promote
someone else's product by sending your
affiliate link or whatever it is and you
make Commission's from it so affiliate
marketing is one of the best ways it's
one of the easiest ways to make money
online and get started
because you don't have to invest as much
time or money or take as big of a risk
as selling your own product okay so I
love affiliate marketing gives the
opportunity to promote any product on
Amazon that you want as an affiliate
earn a commission from it and there's a
lot of products you can sell that are
higher ticket
specifically online courses where you
can earn a higher commission from you
can earn a more higher commission from
that and it's great
so affiliate marketing is always
relevant because every company is always
gonna welcome affiliates I always want
people to help them sell and promote
their products and they're more than
happy to give you a commission from that
so affiliate marketing is great it's one
of the best opportunities and often what
I look at to this might be a bit more
advanced I look at how you can combine
them together because listen if you've
got a product you're selling on Amazon
your own Shopify store whatever you're
collecting the buyers and customers and
ultimately your goal of that is not just
to have a one time buyer a one time
consumer but someone that is gonna buy
from you again and again so you always
want to build an email list of your
buyers and customers whether that's
selling on Amazon or Shopify but there's
always a back-end component to every
business because it's a lot easier for
you to profit from customers you already
have then going out there and acquiring
new customers as the customers you
already have they've already bought from
you they've already raised their hand
they're looking for help they already
trust you because I've already purchased
from you once and you've delivered for
them a great product it's a lot easier
to for you them to profit from them by
focusing more on how to serve your
existing customers and one of the best
ways to do that is through affiliate
marketing because if you have an email
list then you can promote products to
them and share them sure more additional
products that can help serve them that
you could be an affiliate for that you
didn't have to invent or create yourself
and you can earn commissions from that
so I always look at how you can combine
them together right how you can leverage
affiliate marketing with physical
products combine the two together to
increase her back end and ultimately the
long-term value of your customers the
third one that I'd say is being an
influencer being an influencer now we
all know the power of influence and the
trend of what influencers has been over
the last few years and it's not slowing
down I mean these days everyone is
becoming an influencer and influencers
is is such a great opportunity because
all of these platforms out there such as
YouTube and Instagram and a podcast and
a blog and Facebook all of these
platforms they're free to use anybody
can join and set up a YouTube account a
Facebook account and create content
you can share your ideas with the world
you can share what you're learning you
can entertain people you can express
yourself in whatever way that you want
and if your content is good and valuable
then people will find it they'll follow
you and they'll build a relationship
with you
the most valuable thing you could ever
have on the Internet is attention
attention because attention is what all
these companies are trying to get that's
why they spend money on advertisements
so that they can get in front of you
they can get your attention because
without your attention then you're not
gonna go in and buy their product but
influencers are people that have built a
following they built an audience of
people they have people's attention and
more importantly they built a
relationship and trust with those people
over a period of time now companies out
there they're looking to market their
products and so they're looking for
influencers to represent their product
to share their product with their
audience to be an ambassador of their
product they're looking if you have a
podcast they want to sponsor your
podcast to get the attention of some of
your listeners on your podcast or on the
YouTube channel right that's why on
YouTube videos like this you might see
advertisements pop up because companies
they want to get in front of my audience
and other people's audiences on YouTube
so they're willing to pay money for that
and if you're an influencer you have a
following people will pay money to you
to get in front of your audience they'll
give you products and say hey listen to
you can you share your product with your
audience I'll pay you to sponsor this
post and share it with your audience
having a following gives the opportunity
to launch your own course your own
Amazon product or do affiliate marketing
there's a lot of different avenues that
you can do as an influencer so
influencer marketing is hot it's growing
and it's it's not saturated because
here's what I've learned about being an
influencer I've got over a million
followers now with my YouTube and
Instagram and podcast and my blog all of
that so I have a quite a bit of reach
and influence which is great but the
thing with being an influencer is that
everybody will connect and relate to
someone different okay there's only one
of you and there's only one of me so
nobody could ever copy anyone okay it's
impossible to because we are each unique
and differ
waise and everyone is looking for
someone that they can relate to that
they could get kick they can connect
with and and follow that is like them
people like people that are like them so
for example if you're in let's say the
self development niche which is massive
right I'm part of the self development
market now people don't necessarily
follow you for your content that's one
component of it but more importantly
they're following you for who you are
your story and because they connect with
you so a lot of these influencers let's
say let's say coaches youtubers
podcasters bloggers in the
self-development arena we can share the
same content whether it's about
goal-setting and creating great habits
in your life and be more positive and be
more happy and being motivated changing
your belief systems improving your
health your relationships all of that
but the content the message for the most
part is the same but what makes it
unique and different is your story and
how you explain things your you know for
example for me my story about how these
things have helped my life and my
delivery of the content and the
information because people are gonna
relate to my story over someone else's
story not everyone will relate to me
some of you will others won't
others will relate to someone else
people will relate and connect to you
based on your age if you're young then a
younger demographic are gonna connect
with you if you're older let's say
you're you know in your 40s and 50s and
60s then maybe you know that ones that
are in their 20s aren't going to connect
with you as much they can't relate to
someone maybe that's in their 50s but
someone that's in their 40s and 50s and
60s they're gonna connect and relate
more and want to follow the person that
is similar to them and their demographic
versus the person that's 20 years old if
you're a male or a female I mean if
you're a male you're more likely to
follow someone that's also a male
because you can connect and relate to
them more if you're a female you're more
likely to follow someone that's a female
even based on race if you're white if
you're black if you're Asian if you're
Hispanic not that you can't and of
course everybody you know you'll still
all different races and diversity is
gonna follow everybody but your core
demographic are gonna be more people if
you're white people that are white if
you're Asian people that are Asian
because again people like people that
are like them they're gonna follow it
connect with that a little bit more you
friends that you have in your life I'm
sure most of your friends that are
people they're more similar to you you
have similar beliefs and values and
goals and you might even look similar
you might be in a similar age group if
you're a male most of your friends are
probably males if you're a female most
of your friends are probably females so
your story and who you are makes you
unique and different than everyone else
out there
and the world needs more people that are
different and unique to share and help
and serve and it's not like you know one
person only follows one person people
follow many people today so there's so
much room and opportunity there is an
influencer and it's just something that
companies are looking more for and the
amount of money you can make as an
influencer is only going to go up over a
period of time so influencer marketing
as I think is great and when I look at
the platforms available I say the ones
that have the greatest opportunity
potential I consider is number one
YouTube okay because the video is King
video is the most consumed type of
content on the Internet it's not slowing
down more and more people their
attention span is shorter so they are
more engaged by video and when you watch
a video you can connect with that person
a lot more than you can by reading their
article or even listening to them on a
podcast or just getting short snippets
from them on Instagram Instagram for
example it's more designed like
one-minute video clips it's more surface
level and shallow content YouTube or
podcasts or even blogs they're more
deeper content so for you watching this
video for the last 12 minutes or so it's
we're going a lot deeper you're getting
to know me a lot more and a lot deeper
than you would on Instagram or Facebook
for example so and your and most likely
you're fully engaged with me in this
video you know you're looking at me
right now you're listening to me right
now
versus a podcast you might be driving
your car you might be at the gym it's
more of a secondary modality you're
listening as you're doing other things
so video I think is the most powerful
the second one I like is blogging
blogging and podcasts I kind of put even
and it really depends on what your
preference is podcasting I like because
people can go deep and they a lot of
people listen to podcasts the thing I
don't like about podcasts is that it's
very untrackable it's hard to track
things on a podcast
and most often like for example you know
iTunes doesn't really give you much data
of your viewership and your followers
and all that sort of stuff
excuse me but on the other hand a blog
is very different than that a blog you
can track everything on the blog and you
can update and change there's just a lot
you can do with it now each of them
there's a learning curve to each of
course and there's different skills
involved with it but I like blogging
especially if you learn search engine
optimization and how to rank your
content but again like I said it depends
on what you prefer if you're more of a
writer if you prefer speaking you know
there's different platforms that might
be better suited based on your gifts and
your skills of what you want to go
deeper with in terms of social media I
think Instagram is the best and will
continue to be in 2020
Instagram you know more powerful than
snapchat and even Facebook now a lot of
internet entrepreneurs are investing in
their Instagram building they're
following their you can build a deep
relationship with people on Instagram as
well especially with stories by sharing
your life the day to day cuz people on
Instagram they're getting more of the
behind-the-scenes they're getting to
know more about you when you're not you
know doing a YouTube video or a podcast
they're gonna see what you're doing
throughout the day and when you have
daily influence over someone like that
that every day you make a post on
Instagram or a story and you're a part
of someone's life on a daily basis
that's powerful you have you have
influence over their beliefs in the
direction of their life so influencer
marketing guys is huge and will continue
to be huge in 2020 and beyond the last
one I want to share with you is not
necessarily starting an online business
because I know some of you that are
watching this right now you might not
want to put yourself out there you know
and that's why I provide options I mean
Amazon is greater you don't have to put
yourself out there you can actually as
an Amazon selling a physical product you
can find influencers and partner with
them and send them products and they can
be the influencers for your business or
physical product brands so not even
wants to put themselves out there you
might want to be more behind the scenes
and also not everyone's an entrepreneur
not everyone wants to run their own show
not everybody wants to take the risks of
what an entrepreneur does you know
obviously entrepreneurship provides a
lot more
and potential but not everyone cares for
that I think a great opportunity online
is just being a freelancer okay looking
for jobs that exist online because as
the internet grows there's more demand
and need for all these companies to hire
people companies as they grow their
internet business as they grow their
ecommerce store or whatever it is they
need web developers they need video
editors and need graphic designers they
need copywriters they need email
marketers they need programmers they
need you know all these skills social
media marketers customer support reps
managers they need people like that that
they can hire to help work for their
business and a lot of these companies
today they provide the ability for you
to work from home or anywhere in the
world which is really the greatest
advantage that you get from having an
online business so you don't have to
start an online business you can instead
work for a company that gives you the
ability to work from home or anywhere
that you want and you get the greatest
perk without having to take the risk of
starting an online business and suffered
a lot of people that's that's great
that's more than enough they would love
to have that freedom to work from home
and to have some control over their own
hours and how they spend their day if
you're a mom and you want to spend more
time at home with your kids online
business is great or online freelance
job is great for that or an online
business right because again you're
gonna spend more time at home with the
kids and you can just work behind your
computer and make some great money from
that so I think any skills online any
internet marketing skills are incredibly
valuable to learn and study and practice
get good at looking for jobs available
online so that you can work from home
and develop skills that are always gonna
be valuable they're always going to be
high demand now here's something that a
lot of people don't think about I'm
gonna wrap this up soon but this is
really valuable of what I want to share
with you before we wrap this up if
you're building a business if you're
learning how to sell on Amazon if you're
learning Shopify how to create an
e-commerce store if you're learning how
to run ads if you're learning how to
build a blog if you're learning how to
build a YouTube channel Instagram social
media if you're learning any of those
skills as you're building your own
business a lot of people don't realize
that those
what they learn whether it's through a
course or you study it through trial and
error all of that is valuable for you to
then do that for someone else because
here's the thing how many companies out
there that sell their products in their
local store their brick-and-mortar store
that have not yet transitioned to
selling their product on Amazon but
because you took a course because you
learn because you studied because you've
done it a few times before you have a
skill set that you could then go to all
these companies and say hey listen
you're not selling online I know how to
put up products on Amazon I know how to
set up Amazon listings fulfill my owns
there I know I don't have all of that I
can do it for you and these companies
are more than happy to pay you and hire
you for you to do the work for them if
you know how to publish books on Amazon
do you have any authors that are out
there that are great writers they love
writing there they're there that's their
gift and their purpose in life is
writing but they're not good at
publishing they're not good at marketing
they're terrified of technology I don't
know how to do that stuff but because
you published some books before you know
the process you can then go to them and
you can essentially be a freelance
freelancer or create an agency where you
provide services to these other authors
companies and you can do the work for
them so that's another opportunity that
a lot of people don't think about and
that's a great way for you to make money
by trading your money upfront to make
that immediate income and develop your
skills as you're building your own
online business which is more the
passive income a long-term stream for
you so that's a huge opportunity that
people don't realize people don't
realize that these skills of what you
learn are valuable they're valuable that
other companies and people will pay
money to have you do for them right or
even to pay to learn from you in some
way shape or form so there's so much
opportunity out there and I think
regardless of whatever opportunity that
you pursue the most important thing is
to get a boat in the water so as the
tide rises you can benefit from it so I
don't care what that is you might have
to dabble around a little bit try
different things
try publishing trying Amazon try Shopify
you know to learn marketing how to drive
traffic and affiliate marketing all
these things and the skills you gain all
help and work together to help make you
more
successful whether your end up doing
service based business freelance agency
or you find the right one for you that
you really want to ramp up and scale so
hopefully this video has benefited to
you in some way shape or form I really
just wanted to provide my opinion and
the best opportunities I feel they're
available for us today so that you can
take advantage of it and again I want to
be realistic and honest with you that
none none the process of success is not
easy I mean it's hard work it was easier
than everyone would be successful I mean
this is for the 1% the 1% of people ever
become successful and it's the 1% that's
willing to do what that 99% is not
willing to do so you're here right now I
assume that you're in that 1% you're
committed you're eager you have a why
and purpose for doing this and you want
to pursue it and if you're looking for
more additional help and guidance from
me I'll include a link below in the
description to actually a quiz that I
created because I created this quiz I
know there's a lot of people they're not
quite sure you might be in that boat
right now you're not sure which one you
want to pursue there's a lot of
opportunity I get it it's a high quality
problem to have but you might not quite
be sure so I created this quiz where you
fill out a few answers and I'll help you
identify which one I think could be best
for you again based on how much money
you have to get started with because all
these opportunities some might cost more
money than others how much time that you
have what your values and your
motivation is so if you're someone
that's just looking to make money then I
can I can I can kind of guide you in one
direction but if you're something that
wants to make money but also wants to do
what they love what they're passionate
about or maybe you're more driven to
make a difference and a contribution to
other people's lives or maybe you want
to be more behind the scenes you don't
wanna put yourself out there there's
certain businesses that might be a
better fit for you so the quiz that I
created can help you identify that and
if you go to WWE fast recom slash quiz
ok project like master dot-com / quiz
you can take the quiz it's free to do or
you can click the link in the
description below but I think that can
give you a good start and help you
identify which direction you want to go
and I've got a lot of content and
resources that can share more
information on each of those models for
you so that you can get started with it
and make 2020 the best year yet so thank
you so much hope you enjoyed this video
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