How to Monetize Instagram page

 
As of June 2018, Instagram has over 1 billion users and 500 million daily active users. It’s a behemoth of a social media channel which continues to grow at an unprecedented rate. But what does that have to do with you?

Well, if you’ve ever wanted to monetize Instagram, then now’s the time for you to do so. Given the sheer size of the global audience, it’s fair to assume there’s a niche market out there for you. Regardless of the kind of content you create, there’s an audience for you. One that, in all likelihood, you can leverage to earn a fortune.

Although it is a platform designed to share photos and videos on, with the right approach, you can monetize Instagram. But before we talk about the different ways you can monetize Instagram, let’s look at what you’ll need to achieve that.

Prerequisites to Monetizing Instagram

This is never going to a simple task. It takes more than just a catchy Instagram name, quirky description, and posting photos to make money using the platform. It might work well to impress your personal circle, but it takes a lot of hard work and patience to monetize your Instagram account.

Here’s what you’ll need to be able to get to those desired monetary returns:

1. Fanbase and Influence

The question you need to ask yourself is why would businesses be willing to pay an Instagram user, like you, money? They would do so to gain exposure and access to your audience, in the hopes of selling their products to them.

Starting out, your audience size is low and unlikely to be able to drive sales for your own or a brand’s products. You need to grow your reach, organically, to at least a few thousand to be able to have an impact.

But reach, alone, isn’t enough. To generate sales, you need to be able to create and share compelling content. Your followers have to take actions based on your product recommendations.

Thus, having a reach and an influence over the purchasing power of your fanbase is critical. Here’s what an Instagram sales funnel looks like.

2. Dedicated and Engaged Followers

Having a sizeable fanbase does, mathematically, increase your chances of appearing in the feeds of more users. But what’s the point of that if people don’t engage with you or your content? The trick to increasing engagement is to create content that solves certain content needs for your audience.

And how can you measure that? Not by the number of followers you have, but the number of people liking, commenting on, and sharing your posts. If you have an “engaged” community, brands will be more willing to invest in you to drive their profits.

Just take a look at Jenna Farmer. She has a relatively small audience of around 4,900 followers. Yet, she still managed to garner 151 likes and 15 comments on this post promoting Tyne Cheese. That’s a very respectable engagement rate of 4.2% (approx).

Jenna Farmer Monetize instagram

Image via Instagram

What Do You Need to Do

Now, we’ve covered the most basic requirements that you’ll need to meet to monetize Instagram. But what can you do to actually achieve that social reach, earn that influence, and attain high engagement?

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1. Have a Snappy Bio

Regardless of whether you’re a business or individual trying to monetize Instagram, you need to post wisely. Your profile bio is valuable real estate you can leverage to pitch to first-time visitors.

I’d advise that you have a simple, crisp, and perhaps quirky, bio. Showcase your creativity and what value you might add to them.

Let’s take a look at Luvvie for inspiration. Her bio is catchy, visually appealing, and establishes her brand’s credibility.

Luvvie Monetize instagram

Image via Instagram

3. Be Regular

To nurture any relationship, you need to interact with each other on a regular basis. The same principle extends to your presence on Instagram.

You need to post content and engage your followers on a regular basis. It helps to set up a fixed posting schedule. One that aligns with the times your audience is most likely to be on the tool.

According to Tailwind, there is a positive correlation between the frequency of posting and engagements rates. Not only that, the more you post on Instagram, the faster your audience will also grow.

Take this to a whole new level by regularly interacting with your followers in the comment section of each post. This will go a long way to show your followers that you genuinely care and appreciate them.

Jenn, here, is a great example of that.

Jenn Monetize instagram

Image via Instagram

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4. Leverage the Right Hashtags

Hashtags are a great way to improve the discoverability and reach of your content. While Instagram allows you to use a maximum of 30 hashtags, I personally recommend a decent 10-15 for the maximum effect.

Remember, though, you shouldn’t be using any random hashtags. Try using ones that are relevant to your posts and will help you reach out to bigger audiences. Feel free to get creative and witty with your hashtags, as well.

The Brothers Buoy sure know how to do this right.

The Brothers Buoy Monetize instagram

Image via Instagram

influencer marketing ebook

5. Improve your Content Quality

One of the most important things you need to do to monetize Instagram is to improve your content quality. There are plenty of content creators out there vying for the attention of your target audience. Standing out in this sea, then, is more than a task.

Always use high-quality images and never repeat your product pitches. Base your captions on your actual experiences with brand products to come off as genuine and more engaging.

Additionally, you should strongly consider leveraging video content in the form of Stories or even on IGTV to stand out.

Take a page out of Colin McCarthy’s playbook and rake in those engagements by leveraging video content.

Colin McCarthy’s Monetize instagram

Image via Instagram

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6. Build Relationship with Other Content Creators

As a user who’s only starting to monetize Instagram, quality content and compelling captions will only get you so far. An important element of growing your reach and influence is cultivating relationships with other content creators from your niche.

You could always get in touch with them and ask them for a shoutout on one of their posts. Or you can actively engage with them and their followers on their posts. Better yet, you can collaborate with them to create content together.

Humble The Poet and Lilly Singh (@iisuperwomanii) are known for their collaborative content.

Humble The Poet Monetize instagram

Image via Instagram

Ways to Monetize Instagram

We’ve covered what you need and some pro-tips that will help you monetize your Instagram account. Finally, let’s talk about some of the different methods you can use to achieve this.

1. Sponsored Posts and Shoutouts

Once you achieve “influencer” status, be it as a micro or macro influencer, you could leverage your influence to promote brands. Once you have established your thought-leadership in your niche, you can monetize Instagram for a profit.

Oftentimes, brands partner with influencers for sponsored posts that help spread the word about their offerings. Typically, such posts revolve around the product itself, with a small review from yourself. It’s important that such sponsored posts should blend in with your other content so as to not seem overly promotional.

For instance, if you’re a plus-sized apparel influencer, then you want to be working with brands that promote body positivity. That’s why Gabi, here, often partners with brands like Premme because they align with her personal values.

Gabi Monetize instagram

Image via Instagram

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2. Affiliate Marketing

One of the easiest ways to monetize Instagram is by becoming an affiliate marketer on the platform. Essentially, you work as a brand ambassador for certain products that you use and believe in.

Your audience may find it helpful if you share a link or discount code, with them, for the products you’re promoting on your page. Whenever someone buys a product using your custom link, you get a certain percentage of the revenue generated.

Affiliate marketing is a good starting point, primarily because there aren’t any barriers to entry. Moreover, most products have some sort of a self-enrollment program. All you need to do is sign up and they’ll provide you with a custom link for you to share with your Instagram posts.

The trick is to use a compelling copy along with an attractive photo that gives users a reason to consider the product you’re marketing. Here’s a good example of what that looks like.

Cassie Andew pairs a high-quality image with a compelling copy. Note how she’s incentivizing people to buy using a special discount code.

Cassie Andew Monetize instagram

Image via Instagram

3. Advertise Your Products

Building on the above premise, you can always do for yourself what you would otherwise do for brands. Confused? If you have a strong personal brand and aren’t too keen on promoting other companies on your page, you could always market your own products.

So long as you have an ardent fan-following, you can easily monetize Instagram this way. Design and sell your own products like clothing, books, merchandise, cosmetics, etc. So long as the items relate to your niche and resonate with your audience, you can use Instagram to sell them.

Cartoonist, Nekoma, has done well for herself by starting her own store and then leveraging Instagram to promote it. She promotes her art, comics, and plushies by sharing related content on the platform.

Nekoma Monetize instagram

Image via Instagram

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4. Teach What You Know

People follow you on Instagram for a reason. They love your content and are looking to learn from you. So, why not teach them how to be like you?

There’s a huge pay-off in creating information products to market on Instagram.

Zach Rocheleau, for one, uses the platform to teach his followers how to make a healthier version of their favorite junk food.

Zach Rocheleau Monetize instagram

Image via Instagram

Alternatively, you can become an Instagram marketing guru and help budding content creators or brands improve their capabilities. After all, if you’re good at something, you should never do it for free. Take your knowledge and become a social media marketing consultant, write and sell ebooks on the same to monetize Instagrams.

5. Product Placement Videos

Product placements have been around since the dawn of video advertisements. And there’s no reason why you can’t do the same to monetize Instagram.

Basically, you create a video that features you using a product and then earn some money for advertising it.

Explainer videos, DIYs, testimonials, or even quirky shorts are a good way to go about producing such videos. Now, you could either do this using normal videos or Instagram Stories, but if you want to stand out, I’d recommend giving IGTV a shot. A lot of brands are looking to partner with content creators on IGTV, and you should make the most of this opportunity.

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Conclusion

If you’re a budding content creator and are looking to earn a fortune, Instagram is definitely the platform to be on. Not only is it easy to monetize Instagram, but it presents you with ample opportunities to do the same.

What are your thoughts on the subject? We’d love to hear from you in the comment section.

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How to Become a Successful Entrepreneur? {2019 Updated}

 According to a Gallup survey, 72% of the people in the age group of 18-29 years want to start their own business rather than working for someone else. However,  according to Kauffman Startup Index, only 0.31% people actually start their business. This means that only 310 people out of 100,000 start their own business which is way less than who wants to become an entrepreneur.

how many people interested in business, people interested in business stats, people interested in business age wise facts

I am sure that at any point in time whenever you have typed in your search bar, “How to become an entrepreneur, you must have seen some really strange headlines like “How to become an entrepreneur in a week”, “How to be your own boss in a month” and so on.

Before going down a bit further on this topic, let me first ask you one simple thing. Do you really believe that being an entrepreneur is just a tag like being a doctor, engineer or a lawyer?

No, entrepreneurship is not just a tag or title, so first just forget about all those wrong commitments and false hopes of turning you into an entrepreneur within a prescribed time limit. For me,

Entrepreneurship is not a tag or destination, it is a mindset.

By this statement, I mean that the moment you think of running a startup, drawing your business plan or taking the vision to build something, you become an entrepreneur. Though it is a different thing whether you are a successful entrepreneur, a beginner, or just a struggling entrepreneur. But till the time you are working dedicatedly on your vision, whether for a second, an hour or for a decade, you are living the life of an entrepreneur in those moments.

Before going in detail to the process and steps involved in becoming a successful entrepreneur, let us clear the myths about the entrepreneurial journey so that you do not practice the wrong things in 2019.

Myths Regarding Entrepreneurship

There are many myths associated with entrepreneurship, however, I am clearing some of the biggest ones.

  1. Introverts cannot become Entrepreneurs

This statement is not correct, Mark Zuckerberg and Larry Page are the biggest examples for this. Though both of them have evolved a great deal over the time but initially they were quite introvert. So being an introvert is not a problem till you have the innate quality to change yourself whenever and wherever required.

  1. Entrepreneurs are Born

There is nothing special in entrepreneurship which you cannot learn with practice. Though if you are born with entrepreneurial qualities, then this is always an add on. But it always is seen that hard-work always outranks talent, so focus on what matters the most.

  1. You Should Start Business Only in Young Age

The  average age when entrepreneurs start their first startup is 40 years and people who are above the age of 55 are more likely to launch high growth startups. Moreover, if we consider the average age of founders with a revenue of more than USD 1 million, then it is also 39.

Actually, age is just a number when it comes to entrepreneurship.  On one side, we have people like Colonel Sanders (KFC), Ray Kroc (KFC), Chaleo Yoovidhya (Red Bull) who gained success during later stages in their lives while on the other hand we have Evan Spiegel (Snapchat) and Mark Zuckerberg (Facebook) who became successful even before turning 20.

  1. College Education does not play a crucial role

It is the most widespread myth amongst many aspiring entrepreneurs due to some dropout successful entrepreneurs. Though I am not favoring college degrees here, I am favoring connection and knowledge you develop during the college.
According to a  report by Manta, where they researched 1000 small business owners, it was found that 69% entrepreneurs have a college degree and 61% believe that college education is important.

college education importance in entrepreneurship stats, role of education in entrepreneurship, what small business owners feel about education infographics

  1. Need Lots of Money to Start

You never need lots of money to start your startup, it can be started with very less money. Hewlett-Packard (hp) which is worth USD 13 billion as of today started off in merely USD 538 while Dell started off in just USD 1000. This infographic from Founders and Founders will help you in getting more insights.

at what money big companies like apple microsoft hp dell started

  1. Idea is Everything

Some young budding entrepreneurs think that being a successful entrepreneur is all about working on a unique and great idea, but in reality, ideas contribute to only 1% of the overall success of a business. The rest is pure execution.

There is not a single business idea which is tried by only a single entrepreneur. On every business idea, over 100s of entrepreneurs work at the same time but only a few succeed. Why? Because successful entrepreneurs outperform non-successful entrepreneurs by their execution efforts.

  1. Entrepreneurs are Extreme Risk Takers

There is a lot of difference between extreme risk and calculated risk. Extreme risk is like gambling and entrepreneurs are data focused to such a great extent that they can never think of such things.

But the question that arises then is that why entrepreneurs are known as risk takers? The answer is very clear, they took the risk of leaving a normal career, they took the risk of their comfort zone which others fear to take. So if you want to become an entrepreneur, then don’t just take any risk, analyze all the situations first and then decide accordingly. Analyze your financials, your family circumstances, your strong and weak points and so on.

Now, since you are clear about the reality, let us move to the process involved in becoming a successful entrepreneur.

Entrepreneurship Steps

As I had discussed earlier that 72% people want to start a business but only 0.31% of them are able to do so. The question arises that why the percentage of people starting their business is so less?

It is because they are not familiar with the right process. They are only aware of a faulty process of becoming an entrepreneur.

steps to become entrepreneur, become entrepreneur, process to entrepreneurship

Majority of the people believe that to be a successful entrepreneur, first, you should have an ultimate idea. Once you have an idea that is outstanding, investors fill feed you with lots of money which can then help you in taking a classic office so that you can put impressions on new hiring and can attract highly talented people. Also, a wonderful office will give a perfect impression on your client and they will get converted easily. After showing big setup, you can easily attract famous mentors who will guide you in scaling your business and after doing all those things you will be successful.

The 1st and 2nd ladder i.e. “ultimate idea” and “business needs lots of money” are the reason that 99% of the people who wish to start their business but never start in reality and always remain a wantrepreneur. (Wantrepreneur is a person who always wishes to start a business but never gets to do so).

So am I saying that you don’t need an “ultimate idea” and “lots of money” to start a business?

Yes, I am saying exactly the same.

In reality, having a great idea is just one side of a story, and that too a very miniscule part of it. You also don’t need lots of money to start a business. Let me share the right process of entrepreneurship to clear your confusion.

basic steps to become entrepreneur, become entrepreneur, how to become entrepreneur, entrepreneurship process

Now let’s discuss each step of becoming an entrepreneur briefly:

  1. Ultimate You

It is not the idea that should be ultimate, it should be you who needs to be ultimate. Ultimate enough to handle extreme pressure, take right decisions, hire the right core team, remain focused towards your vision, dream to create impossible things, diligent, persistent etc. If you are ultimate, then you can even make iron or aluminium fly into the sky just like Wright Brothers, which once seemed to be impossible.

  1. Strong Why

No matter how strong or motivated you are, there will be bad times in your entrepreneurial journey that will surely make you weak.   And the only way that you can bounce back in that situation is if you have a strong ‘why’. Your “why” should be so strong that you can stand against the whole world to prove them wrong and can actually do that.

Your “why” could be anything, it could be any feeling that can inspire you in the darkest of times. Just like the protagonist in the movie ‘Harry Potter’, make use of some good memory of being with your loved ones to fight black demons, aka any hardship that pulls you down in life.

If money motivates you, then being the richest person on the planet and owning luxury toys can be your “why”. If you are poor, then giving your parents the most luxurious life can be the “why”. If you are fed up with any problem like water crises or pollution, then solving these can be your “why”.

It is just because of a strong why that James “Buster” Douglas defeated Mike Tyson in boxing match who was undefeated till then. His why was very simple which he admitted after the match in an interview that his mom Lula Pearl told him that he could win the fight before her death as she was ill.

So just find your “why” that motivates you to do anything and everything in life.

  1. Correct Data

Let us suppose you get a data that bitcoin (cryptocurrency) is the future of currency and in the next 2 years, its value will be 20 times its current price. On the basis of this information, you started a new business related to cryptocurrency and invest the majority of your money. But what if your information is wrong and within 2 years, the government of each nation gets united and refuses to accept any kind of transaction related to cryptocurrency.

On the other hand, what if it actually gets 2 times its current price? So this is the power of correct data, it can make zero to hero in no time or even vice-versa. This is the reasons that some people are stating “Data is new oil; fake data is marijuana”.

So whenever you start your business, first check what is the source of information and second, if the source is reliable or not.

  1. Validated Idea

CBInsights analyzed 101 failed startups and found that 42% startups fail because of no market need for that product.

why startup fail, reasons of startup failure, top 20 reasons for startup failure

And do you know we can easily avoid 42% failure rate by validating a business idea before actually launching it? If you validate your idea, not only it will save your money, it will also save lots of energy and time which you are going to invest in your business. So before starting your business, analyze your market properly.

  1. Right Team

Many entrepreneurs make this mistake that they always keep looking for the perfect team members who are highly talented and hence end up with some kind of disputes. You never need team members from Microsoft, Apple, or Facebook who always ask for more resources, more salary, more equity. You need a person who can even work in the humblest scenarios to complete the project on time, who puts efforts to save resources of the company and can manage with even meagre salary during tough times.

  1. Working Space

To become a successful entrepreneur, you need not start from a luxury office, even the biggest companies like Apple started from the garage while Facebook started from the dorm room. I am not saying that luxurious set up doesn’t put a good impact on clients but it is not the top most priority for them. The first priority for any client is the product that they are getting, the price at which they are getting and the services they will be ensured with the product.  All other things are secondary.

  1. Mentors

Having a mentor is like being on steroids without any side effects. But you never need a famous mentor; all you need is someone who has faced all these situations, which you are going to face in coming time, before and emerged out strong and successful. Also, I have never understood the concept of having one mentor for every problem and I have seen this concept is in trend, especially in incubation centers and in co-working spaces. And this is the reason that failure rate of incubation center is more as compared to normal startups.

How is it possible for a technical mentor to guide you on spirituality, a law related mentor on app technicality and so on. So I would suggest you have multiple mentors for multiple situations so that your knowledge can get diversified and your business could achieve better results.

  1. Money

Yes, you need money too to start a business. But does money come so late in the series? And my answer is, yes, in the majority of the cases, you don’t need lots of money from the very first day.

I kept the money aspect for the last because if you have all the things which come before money in the series, then you can easily arrange for the funds. Either by borrowing, or by loan, or through investor and that doesn’t matter. All that matters is that you are creating actual sales in the market and generating revenue and it doesn’t necessarily have to be the profit. You could think later about increasing your profits. In the beginning, you just have to focus on increasing your revenue and some bit of the profit to make others believe that your business model is actually working in the market.

How to Find the  Best Business Idea?

There are two ways to start a business: one, work on disruptive business ideas, second, work on regular business ideas. If you are the one who is looking for a normal business idea, then you can click here but this is not an entrepreneur style, it is a businessman style to work on the old idea.

If you believe that you are an entrepreneurial personality, then you need to adhere to the following 4 steps to find an amazing business idea that can disrupt the market.

idea development steps, how to find a unique business idea, idea development process

  1. Identify Problem

The first step is to identify a problem that is prevailing around and is making a large mass of people suffering from, like pollution, water crises, renewable energy, AIDS etc. I personally suggest never to work on an idea from which you or your loved ones haven’t suffered because then it would be really tough for you to develop a “strong why”. Disruptive ideas never get successful in one or two years, they take at least 5 years and in some cases, they even take decades to show results. And in that time you cannot remain in the game if you don’t have an extremely strong “why”.

  1. Find Solution

The next step is to find a solution which is applicable and affordable. If your idea is not affordable, then also it is fine because you could make it affordable with time but it should be applicable from day one. Applicable in terms of government laws and clients’ perspective.

  1. Validate idea

Once you have found the solution to the problem, validate it in the market. To validate your business idea, you need to take care of following factors.

idea validation process, factors to validate idea

You could seek help from professionals also in validating your business idea or can discuss other successful entrepreneurs in the same industry that how they validated their idea.

Pro Tip- Take reviews about your product from actual users of the market, not from your friends or family members.

Three Circles of Knowledge

Knowingly or unknowingly, each and every successful entrepreneur possesses this extremely special quality. The quality of increasing their “knowledge circle”.

There are three types of circles:

3 circles of knowledge

  1. Things You Know

Anything which you know comes in this circle. Like I know my name, I know content marketing, I know how to work on a computer etc. This circle is extremely small.

  1. Things You know that You Don’t Know

Anything which I have heard or watched but haven’t given a heed to learn come into this circle. Like I don’t know how to do plastic surgery, I don’t know how to make a mobile phone etc. This circle is fairly big as compared to the 1st circle.

  1. Things You Don’t know that You Don’t Know

Things which I don’t know that even existed comes in this circle. Like I don’t know about which species live deep in the Pacific oceans and I don’t know how their ecosystem works. This circle is extremely big; you could say this circle is infinite times bigger than the above two circles.

Every successful entrepreneur from Bill Gates to Ratan Tata to Jeff Bezos has this personality trait that in their each second they drew knowledge from 2ndand 3rd circles and added on to their 1st circle.

So if you also want to become a successful entrepreneur, then you also have to learn new things every second, you also have to draw knowledge from the 2nd and 3rd circles and have to add into the 1st circle. The day you will stop learning new things, you will start degrading and hence will face the downfall.

Entrepreneur Vs Businessman Vs Self-employed

A lot of people remain confused between an entrepreneur, a businessman, and a self-employed person. Starting of each one is almost same in terms of their struggling life, 365-day work etc. But the biggest differences are the intentions, visions and end results. So if you want to be a successful entrepreneur, then you should be very clear about all the three terms else you might become self-employed and will remain in an illusion that you are an entrepreneur.

Entrepreneur Vs Businessman Vs Self-Employed
Comparison Areas Entrepreneur Businessman Self-Employed
Definition A person who took initiative to solve a market problem and make the huge profit from the solution A person who started a business that is already performing in the market just to earn more and more profits A person who started something basically to feed himself and his family, has no big intentions in mind
Risk Factor Calculated but Very High Calculated and Medium Very Low
Vision Disrupt the Market Bring Profit from the Market Earn each Month
Way of Working Always Creative Conventional and Already Performing Well Majorly focus on spending less and earn more, whether results come or not
Competition in Market Low Very High Medium
Money Needed to Become Very Less Money Too Much Money Medium
One Best Quality Can arrange required resources anyhow, whether it is a tool or employees Great understanding of finances, profit, and loss Bringing maximum from available resources
 Intention Benefit of Everyone Self and Company’s Benefit Self-Benefit
Initial Struggle Exceptionally high comparatively low low
Result Become Influencer, Earn Lots of Money Earn Lots of Money Make Living for his Family

Traits and Qualities of Great Entrepreneurs

All the successful and leading entrepreneurs learn from each other and have few common personality traits and qualities. So if you also want to become a leading and successful entrepreneur, then you should also have to work hard to inculcate these qualities and traits in you.

  1. Grit

Entrepreneurs are somewhat stubborn towards their dreams. They don’t take decisions without a deep and quality thought. They are always moving with facts, but once they have taken any decision then they don’t take their steps back. Goof entrepreneurs know it very well that if you have to be successful, you have to be stubborn.

Thomas Alva Edison failed 900 times before devising the electric bulb. Colonel Sanders knocked 1000 houses before selling his first chicken. Elon Musk’s two companies Tesla and SpaceX were about to crash, he got new funding few hours before his companies were going to crash. Steve Jobswas fired from Apple Inc. then he was invited again and he gave new heights to Apple Inc.

Take a look at any great entrepreneur, they all have a high grit level in them and are highly stubborn towards their vision. Likewise, you also have to be stubborn like them towards your vision.

  1. Predict Future

Great entrepreneurs can predict future and this is the reason they put so much energy and efforts to things even if everyone is opposing them, even if results are not coming.

Google, the biggest search engine company, was knocking everyone’s door to get funding or to get acquired but no one supported them. Even Yahoo, once the biggest search engine company refused to buy them, but Larry Page and Sergey Brin were confident about themselves and kept working hard. If we talk about them today, then Google holds 90% market share in terms of total searches.

Similarly, Facebook (February 4, 2004) today’s biggest social networking website was started with Orkut (January 24, 2004). Orkut was funded by Google and became successful in acquiring the complete market. But Mark Zuckerberg was highly confident in what he was doing, he was somewhat aware of the future and kept working hard on Facebook. If I talk about today, then Facebook is the market leader with 2.2 billion active users and outcompeted Orkut on September 30, 2014, when Google finally closed Orkut.

So do as much as market research you want to do and according to that predict the market future.

  1. Arrange Resources

Bigger dreams can never be attained by fewer resources. The bigger the dream is, the more it requires resources. Resources can be talented people, infrastructure, money, or it can be technology. But the majority of great entrepreneurs are first time entrepreneurs of their family and are not resourceful. But they never complain about anything because they have this unique quality that they can arrange any resource which is crucial for himself and his company’s growth.

The biggest examples are Richard Branson and Henry Ford. They are not highly educated, they both dropped out of school but still managed to disrupt their respective companies. Henry Ford was the 1st person who introduced assembly line in the automobile industry and Richard Bransonis the founder of Virgin Group and had invested in more than 400 companies.

  1. Look Average instead of Peak

You must have heard the phrases and said to yourself at times, “Once I worked for 16 hours”, “Once I worked without having food”, “Once I studied without sleeping”, “Once I became the best employee of the month”, “Once I remained awake for 24 hours” and so on.

But successful entrepreneurs never use such terms, they never believe in one-time performance, they believe in the average performance instead. They check what was the average per day work during the whole year and how to reduce their average per day sleep but they make sure to sleep daily. Also, they believe in continuity and not in the discrete pattern.

  1. Impossible doesn’t Scare Them

If you want to become a great entrepreneur, then you need to learn how to get comfortable with dreaming impossible things, working for the impossible thing, and then finally achieving those impossible things.

If we talk about dreaming impossible things, then Elon Musk tops the list. His first dream was to reuse the rocket which even NASA couldn’t dream of. Then he drove the car into the orbit (space). And now he is working to make liveable colonies on the Mars.

Entrepreneurs spend a lot of time thinking about future and I believe, “Future is the second home of Entrepreneurs”

  1. Make Hand Dirty

You can never become a great leader until you make your hands dirty. Don’t avoid the groundwork of your business, whether it is about making a sale, writing a code, approaching investors, or handling customer service, you need to do everything at some point of your business. If you will try to avoid these groundworks, then soon you will realize that it was your biggest mistake and you might face circumstances that your startup failed miserably.

  1. Persistent

It is very essential to bounce back after every failure. You are not working on anything that the world is already familiar with, so it is pretty obvious that you will make mistakes. Not only a mistake but a lot of mistakes. And after every big mistake, you will fall flat on your face but that’s okay, it’s just a part of the journey. But what’s not the part of the journey is losing hope, giving up and not trying again.

No matter how hard you receive the punch on your face, you have to bounce back with more energy, with more efforts, with more focused attitude.

  1. Take a Stand

Entrepreneurs take stand for their decisions and their people. They never act like an audience, they always act like best performing players and believe in actions. Not only this, they stand against everyone when they are right and accept their mistakes when they are wrong.

So learn to make fast decisions and remain true to your words, no matter what the circumstances are. You can learn this thing from Mark Zuckerberg, in the recent data breach case, he was guilty and being the great leader, he accepted his mistake and apologized for the same. He even said, “I am responsible for what has happened”.

  1. Plan before Doing

Benjamin Franklin once said,

If you fail to plan, you are planning to fail.

If you have to run a business, then you have to manage a lot of things, from hiring to marketing to product launch to lead generation. Above all, you have only 24 hours in a day and unlimited work to do. This can only be achieved if you plan your day properly.

  1. Understand Finance

I am not saying that you have to become attorney or accountant but a basic understanding of finance is a must. You should be aware of basics of how startup valuation in done, what are the tax rates, when taxes are filed, what are the tax rates on your products.

To technical founders, financial education looks as tough as a mountain but it is not that hard.  And most importantly, investors don’t fund any business just on the basis of a product, they majorly look at the financial data. And when you understand that data, then you can easily play with it to ask for the higher valuation.

  1. Understand Priorities

It is one of the most important qualities that entrepreneurs must possess. You should know how to set priorities amongst two things. As I mentioned in the above point that an entrepreneur has to do a lot of work and our day has only 24 hours. So being an entrepreneur you should know which task to complete first and which task can be left for later due to the shortage of time or which task can be delegated to others.

  1. Emotional Intelligence (EQ)

If you have a low IQ, then that’s okay in entrepreneurship but if you have a low EQ, then this can create great problems. The biggest task of a founder is to manage people, divide work as per the skills and qualities, prevent ego clashes etc. And when the company grows to a good level, then understanding office politics adds to the list. Always beware of the fact that you can never avoid office politics completely, you only reduce it to a certain level. And to handle all these things properly, your EQ should really be high.

Difficulties of Entrepreneurial Journey

On the road to entrepreneurship, you are going to face millions of problems and difficulties, I am mentioning few most commonly faced problems which you should be aware of before starting your business.

  1. Heart Breaks

Wait! Wait Wait!

Come back from your past, I am not talking only about love breakups. I am talking about something which is worse than that.

You cannot create an empire all alone, you always need a great team, great associations, great partners etc. But when you find out that your best friend, whom you have helped from childhood didn’t pick up your call just because you need some help and he was the last hope, it actually pains.

When you lose a contract by just few hundred dollars because one of your top performing employees leaked the quotes and got associated with competitors, it pains. When after 2 failures you launch your rocket for the 3rdtime by investing every single penny of life and it also got failed (this happened to Elon Musk), it hurts. And the worst is when your co-founders, who are the core of your business and  are handling those parts of the business which you are not aware of, the one for whom you left your job, with whom you dreamt everything of everything together, leave you in between (this happened to me), it really hurts a lot.

So start doing some cardio exercise and make your heart stronger so that you handle all such stressful and heart breaking situations with ease. If you want to read how I successfully handled the situation when my whole team left me, click here.

  1. Mountain of Rejections

Only a few people are lucky enough to get their initial sales and investors easily but the majority of the entrepreneurs have to struggle a lot. Don’t know how you handle your rejection but if you get furious after facing a rejection then you need to work a lot on your attitude.

I believe that rejection is one step before the success, so if you feel that you have been rejected by someone, then feel proud instead of getting furious because you have covered all the steps and just one step is left, after that, you will enjoy your success.

  1. Zero Comfort Zone

If work and enjoyment are two different words for you, then there is a great chance that in your entire journey you won’t be able to get your desired comfort zone. But if you enjoy what you are doing then there is no problem for you at all. In such a scenario, even performing the most difficult tasks seems like a cakewalk.

Pro Tip- Don’t stop after attaining your first success, it might be a coincidence, so prove it that it is not a coincidence and always start from the zero so that every success remains the first one.

  1. Extreme Financial Crises

No matter how good you are at planning, your initial budget will surely end before the expected time. It might happen that people are loving your product; they are getting engaged with your product but you are not able to raise funds nor even able to earn enough revenue to survive. In such situation, you neither can shut nor you can run your business. So whenever you start your business, make sure about this point that who is going to help you in times of financial crisis. In the majority of the cases, in such situations, ex-bosses, family member, friends’ parents can become your angel.

Pro Tip- Be sure from the day one that who all are on the list of angels of financial crises. Talk to them before starting that whether they support you if such situations occur. If you won’t ask until the last situation, then don’t forget my 1st point of difficulties i.e. “Heart Breaks”. Then there is a great probability that you will face one.

My Advice to My Friend Entrepreneurs

I will only give 2 advise as per my experience, hope it will help you all.

1. Never have the disease of “Paralysis by Analysis”. There are lots of people who just dream but never take real actions. So conduct a small research, then take small actions, again conduct a small research and do a small action. After some time, you will be educated enough about your field and be in a better position to understand what to do and what not to do.

2. Before starting your business, write each and everything on a piece of paper in exactly the same manner in which you want to do it. From raw materials to logistics, processing to employees, finances, lead generation, delivery, and profits. Write each and everything on a piece of paper. If you do so, you can become your own mentor and can easily find loopholes in your business. (My 1st business failed because I missed out on doing this thing). For more personal advises you can click here.

Conclusion

Becoming an entrepreneur is not that hard, it only demands process based systematic progress of all the steps which have been mentioned in the article. Most importantly, entrepreneurship is a mindset and not a tag that you have to achieve. So start working on your business idea from today itself and whenever you feel tired, just take rest, instead of quitting the journey.

If you have any doubt or query, feel free to ask me in the comment section below.

Related Post

10 Comments on “How to Become a Successful Entrepreneur? {2019 Updated}

  • amala· Edit

    Hello sir,
    I have an idea to start a business in distribution of vegetables and fruits to retails from framers but I don’t know from where to start and how to make workout before starting the business. Here one-thing is reliance and heritage are buying directly from farmers. How to contact buyers in starting. Please tell me the right direction to start and how much budget approx.

    Reply

    • Lokesh TanwarAuthor · Edit

      I am not clear on what exactly you want to say. Because on one side you are saying you will sell to retails, on other side you are comparing with Reliance Fresh (they have their own outlets).
      So if you have to sell to retailers then approach them directly by visiting their shops and give them an offer. And if you want to start your own stores then first contact with farmers to sell their vegetables to you and open your shop/ store in a such a location which is easily accessible by nearby resident people. Double check competition and density of people in that locality.

      Reply

  • amala· Edit

    Hello sir,
    Here I am interested in opening my own stores so I will start buying vegetables or fruits from farmers and sell it to the retailer. But tell me how to convince farmers to sell their vegetables or fruits to me in starting and how to start this process in the initial stage. I don’t have money and friends supporting me. And tell me is it a good idea or not? Can I make a profit in this business? If it’s not a good idea please give any suggestions for food processing unit {in my area having mango farms}. How much cost and how to plan to start in this sector?

    Reply

    • Lokesh TanwarAuthor · Edit

      Firstly I cannot suggest you any idea because every person is different. If something is good for me then doesn’t mean it is good for you.

      There are 2 ways to by which you can convince farmers to sell you.
      1. Pay a better combination of price and ease of selling.
      2. If you are paying less than they deserve then Show a future scope in getting associated with you.

      Nobody is supporting you because you yourself not confident in your business idea and that’s why you are asking mother business options. So, first get crystal clear on what you have to do in your career and than proceed. As Simon Sinek said, “It is better to move slowly in the right direction than to move rapidly in the wrong direction”

      And it is pretty clear that vegetable business is profitable that’s why brands like Reliance are putting there hands in it.

      Reply

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10 way to Start a Business with No Money

You having a great idea and you want to translate it into opening a business. There is one big caveat, you are short on cash. And for most aspiring entrepreneurs, getting hold of the much-needed capital is usually the biggest challenge.

So how to start your own businesswithout any money?

Lack of funds, should not deter you from pursuing your entrepreneurial dreams. With confidence in your idea and a clear vision of how you are going to execute it, you can do it. Once you have that covered, getting the funds to support your dream may not be as difficult as it seems.

Opening a Business

There are tens of millions of small business in the US alone, and starting a new business to compete in this segment will require hard work and dedication. If you know how to run a business and you have taken the right steps to starting a business, money shouldn’t stop you.

Start a Business With No Money Checklist

Keep Your Present Job

Being practical is extremely important when you are toying with the idea of starting a business. You need a steady source of income before you can set up your business, so it’s advisable to hold onto your current job. By retaining your present job, you will be more secure when you need to take risks.

You will, of course, need to spend extra hours and work harder. But the transition from being an employee to a business owner will be far smoother as you won’t have additional expenses to worry about.

Work on Your Business Idea

Coming up with a great business idea is just the beginning of your journey as an entrepreneur. There are many more steps that you need to take before you can get started. Fleshing out your business idea is one of them, and it’s very critical to the success of your venture.

Is your business idea really unique? What value will it generate? Is it something your target audience really wants? Or is it something you think they’d want? Getting answers to these questions is important to determine whether or not your idea works.

Analyze Your Market and Challenges

You have a brilliant idea that you know will definitely work, but what about your competition? Will it be difficult for a rival to copy your idea and repackage it in a better way? A potential investor will ask you this when you approach them for funding. It’s very important to understand the market you operate in and your competition.

You should first look at the trends and identify challenges that your business may face. The next step is to understand how you are going to address those challenges to stay profitable.

Assess Your Capital Needs

You require money to start your business, but how much do you really need? Without a clear idea you run the risk of coming up with an unrealistic valuation of your business, which will put off investors and get your loan application rejected.

So before you start wondering how you should raise money, you should focus on evaluating your funding requirements. How much do you need to get started? How exactly are you going to use the funds?

Explore Crowdfunding Platforms

Crowdfunding platforms such as Kickstarter have changed the way entrepreneurs are raising money to fund their new businesses. Whether you want to sell a new software tool or set up an organic noodle bar, you can get people to invest in your business.

Network with People

When you don’t have money to start your business, it’s essential you find the right people who can help. You may attend events and trade shows where you can find potential investors. You may also join various online forums on social networking sites where you can find useful tips and resources to bring your business to life.

Most venture capitalists and investors are quite active on social media, so if you can wow them with your idea you may find a great way to get started on your business dream.

Run a Trial

Want to be sure if your business idea is indeed unique? Run a test and find out. A pilot will give you the confidence you need to take your idea to the next level and mitigate risk. You can start on a small scale by giving away some freebies to a few people in your target audience group to see how they respond.

A small trial can give you some new insights to grow your business and identify challenges that you might have overlooked.

Gather Feedback

If you are planning to get into a completely new business, it would really help if you got a second opinion from someone who knows the market and the challenges involved.

A business idea that looks good on paper may not be that attractive when you actually get into it. An expert’s opinion may help you look at things from a different perspective and gain more knowledge that you may lack.

Secure a Small Business Loan if Necessary

There are several loan programs aimed at helping first-time entrepreneurs set up their business. The Small Business Administration (SBA) operates the loan programs offered by the U.S. government. To qualify for the loan, your business must meet some criteria such as your business must operate in the United States, your business must qualify as a small business according to SBA guidelines, you must operate for profit and you should have a good credit score.

Brilliant Ways You Can Increase Your Confidence And Grow Faster

“If you plan on being anything less than you are capable of being, you will probably be unhappy all the days of your life.” — Nickyafrucana

Growth and confidence are intertwined.

If you’re able to grow, your confidence will follow.

When your confidence follows, you’re consequently able to take on more growth.

“Confidence comes from discipline and training.” — Robert Kiyosaki


I’ve always been interested in developing confidence. Perhaps, because I didn’t have much of it in my teenage years. Perhaps, because I still want more of it.

Well, I imagine everyone wants more of it.

… And it’s no wonder.

We can easily see its power, in everyone that possesses it.

It’s like magic.

It’s indeed a force to be reckoned with.

It allows us to grow.

It allows us to be more.

So, this article will explore 9 brilliant ways you can develop growth and confidence.


1. Believe In Your Ability To Grow

Abraham Maslow firmly believed  that humans could grow, self-actualize, and ultimately reach transcendence.

However, in order to grow, we need to think that we’re able to.

On this note, Carol Dweck illustrated the concept of growth mindset versus fixed mindset. The concept states that:

“Individuals who believe their talents can be developed (through hard work, good strategies, and input from others) have a growth mindset. They tend to achieve more than those with a more fixed mindset (those who believe their talents are innate gifts). This is because they worry less about looking smart and they put more energy into learning.” — Carol Dweck

With a growth mindset you can, as the name implies, grow.

You can self-actualize.

You can transcend.

You can improve your confidence.

Because, everything is possible as long as you work for it.

2. Get Better (And Faster) At Making Decisions

Agency is the power to make decision and change your life.

Although your environment is a powerful influencer of the actions you take (see #8), the choices you make have an impact on your life as well.

How you choose to behave with and relate to other people, serves to shape and select the environment that you actually experience.

If you plan your behaviors in advance, you’re more likely to experience the progress you want, along a path you wish to follow.

Decide what environment to engage with, what people to interact with, and ultimately, decide your path in life.

It’s your choice.

“It is in your moments of decision that your destiny is shaped.” — Tony Robbins

However, decisions are hard.

I’ve said it before and I’ll say it again; deciding to decide is the hardest thing to decide on.

So, how do we make decisions?

How do we decide which path to follow?

How do we shape our destiny?

Here’s how to get better at making decisions:

1) Consider your options.

  • Who do you want to be?
  • What are the consequences of making a choice?
  • What outcome do you want?

2) Make a decision.

  • Make the decision outside your routine environment.
  • Go with your gut feeling. Emotions and intuitions are fast and reliable information when you’re in doubt. Use them when you can’t get anywhere with your ‘higher cognitive mechanisms’.
  • Just pick one and go. You can always adjust afterwards. The thing you decide on isn’t set in stone (you can change your mind later, if you realize that the thing you chose, wasn’t the right fit after all).
  • Create your own reasons when in doubt. When you can’t figure out which option to decide on, imagine yourself living out each option (pick the one you see as the door to the life you want).

3) Invest in the decision.

  • This can be in the form of money, accountability, integrity, etc.

3. Align Your Behaviors With Your Internal States (Attitudes, Values, Beliefs, etc.)

“Be congruent, be authentic, be your true self.” — Mahatma Gandhi

When you’re living in congruence, you’ll feel more confident.

When you’re congruent, it’s easier to grow.

This means:

  • Align your inner and outer world.
  • Behave as you intend to behave.
  • Act as you speak.
  • Embody your growth.

When your inner world (attitudes, values, beliefs, etc.) and outer world (behaviors) are aligned, you are bound to feel confident and powerful.

If you’re not aligned, you may experience cognitive dissonance (an unpleasant psychological state that occurs when people notice that their attitudes and behaviors are inconsistent with each other).

Any unpleasantness — any tension you feel — should motivate you to behave as intended.

Here’s how to get aligned:

1) Make behavioral intentions. They are influenced by:

  • The attitude you have towards the behavior. What are the positive consequences of it?
  • Subjective norms. What do others think about the behavior? Do you care?
  • Perceived control. Can you perform the behavior?

2) Implementation of your intentions.

  • Specify when and how you will do it.

3) Be consistent in your behaviors.

4. Keep The Promises You Make (Not Only To Others, But To Yourself As Well)

If you’re on the path of growth, sticking to it will increase your confidence.

If you say you’ll do something — if you ‘promise’ yourself that you’ll do it — then you better do it.

It’s similar to alignment, but more psychologically damaging if you don’t follow through.

Not keeping the promises you make to yourself, diminishes your confidence.

Treat yourself with worth.

Keep the promises you make.

“Self-confident people have a pattern of keeping promises they make to themselves” — Ed Mylett

5. Follow Your Curiosity And Intuition

Curiosity moves you forward.

It makes you explore what you’re capable of.

It makes you seek out growth and makes you more confident.

Interestingly, a measure of curiosity can be divided into two subcomponents:

Exploration and Absorption.

Exploration refers to strivings for novelty and challenge, and absorption refers to full engagement in a given activity.

When you challenge yourself, you grow. When you explore new territories — new grounds — you grow. When you’re fully absorbed and engaged in an activity, you’ll quickly learn new things and subsequently increase your confidence.

Intuition is a spark of curiosity. A spark you don’t necessarily know how to articulate. But you know that it’s pointing you somewhere. Somewhere, which your deepest emotions compels you to follow.

When you dare to follow your intuition and curiosity, growth and confidence will be the result.

6. Manage Your Expectations (If You Are Blind To Them, You Will Be Hurt And Miss Out On Growth)

Expectations are powerful.

Yet, they are tricky.

They can have both positive and negative consequences.

The negative:

  • When you hold expectations, you have a belief about how something is or how it will be. You give your trust to something or someone. If it fails to live up to your expectations — whether it is other people, an event, or even yourself — it’s going to hurt. Consequently, you might get disappointed, angry and frustrated.

The positive:

  • Holding expectations can lead to self-fulfilling prophecies. If you have a belief about a certain feature, in yourself or others, actions that are consistent with that initial belief can be evoked. This is especially true in social situations. If you expect someone to have a certain personality, then you might evoke behaviors in that person that’s consistent with your belief.

“Treat a man as he is and he will remain as he is. Treat a man as he can and should be and he will become as he can and should be.” — Stephen R. Covey

Here’s how to manage expectations:

  • Have high expectations towards others. Expect them to be as good as possible. However, do not be naïve about it. Their true character will eventually shine through, and when it do, make a choice of what to do next.
  • Don’t expect others to treat you like you’re treating them. Anything external, are outside your control. And thus, you shouldn’t expect to control it either.
  • Have high expectations toward yourself, but be smart about it. Have at least one foot inside reality. In addition, the principle of not holding expectations toward something you cannot control, applies here as well.
  • Have high and positive expectations, but don’t be overly attached to any specific outcome.
  • Don’t avoid having expectations all together. Without proper ones, your standards will be low, and you might lack the drive to grow further. Expect to be confident.

The outcome you get is a matter of navigating the things you can and cannot control, and not attaching to the outcomes.

Managing expectations is a thin line to walk. It’s only by exerting psychological agility that you can achieve the optimal outcome.

7. Take on Responsibility And Increase Your Confidence Through The Roles You Inhabit

Taking on responsibility will provide your life with meaning.

The heavier the ‘load’, the more rapid your growth will be.

Having a certain role, forces you to adapt to the responsibility and behavior of that role.

E.g., taking on a leadership role, will make you more of a leader.

This happens on both a conscious and subconscious level.

Social roles are determinants of how you act in the world. They are powerful influencers on your behavior, feelings and even your personality.

So, if you want to increase your confidence and growth, inhabit roles, and take on responsibilities that allow you to do so.

“Notice that opportunity lurks where responsibility has been abdicated.” — Jordan Peterson

8. Develop A Strong Social Climate (Interpersonal Growth Enhances Personal Growth)

“If you have the opportunity to do amazing things in your life, I strongly encourage you to invite someone to join you.” — Simon Sinek

As mentioned earlier, the environment is a powerful influencer on your actions. And the humans inhabiting it, is by far the strongest force of influence.

The human world is social, and your body and mind knows it.

You’re wired for social interaction, and in fact, most of the human emotional systems require social interaction in order to activate.

We are constantly watching, influencing, and shaping each other’s.

Thus, it really matters who you spend time with.

It’s true what Jim Rohn Said:

“You are the average of the five people you spend the most time with.”

A strong social climate fosters interpersonal growth. Synergetic effects takes place, and it allows you to grow faster than you would have on your own.

1+1 = more than 2.

Interpersonal growth happens through:

  • Observational learning.Humans tend to imitate those around. When you pay attention to interesting others, you can learn from their behaviors. Skills, characteristics and standards, can over time become internalized and incorporated into your own life.
  • The zone of proximal development. When you surround yourself with people who are slightly better than you are— and with proper support and guidance — you can adapt to their level of ability. You see, through behaviors in collaboration with others, the potential of your own being heightens.
  • Feedback. Receiving feedback allows you to learn incredibly much faster than you can without it. When you’re corrected in your mistakes, or praised for doing well, you will quickly learn the most effective ways of doing things.
  • Social Confidence. The social identity theory, states that a large portion of your self-esteem is derived from your social relationships. When you feel included in desirable groups, you’ll feel good about yourself.

9. Be Confident In Everything You Do

Confidence is multi-dimensional.

If you want true, robust confidence, you need to develop confidence in everything that is important to you.

That is, you don’t need to be super confident in everything you encounter, but you should strive to develop it for the things that matter.

This might entail; your believes, abilities, health, wealth, behaviors, coping skills, etc.

If you want maximum growth, develop confidence in everything you do.

This goes back to the point of alignment.

“When one area of your life is out of alignment, everything else suffers.” — Benjamin P. Hardy

The Most Profitable Small Business Ideas in 2019

  1. Mobile Businesses: Consumers are increasingly looking for businesses that come to them, rather than vice versa.
  2. Child-oriented Businesses: Parents are spending more and more on their children as school budgets continue to dwindle.
  3. “Sharing Economy” Businesses: Applying the Uber and AirBnB model to other industries could land you a seriously profitable small business.
  4. Online Education Businesses: Little overhead cost and easy distribution make the online education industry ripe for entrepreneurs looking to earn a profit and help others at the same time.
  5. Freelance B2B Services: Ride the post-recession wave by offering your business acumen to other companies as an independent contractor.

5 Ways to Make Money Online in 2019

Make Money Online in 2019

As we enter 2019, many people are thinking, what is the best way to make money online in 2019? Some of these methods are similar to previous years and there are some new ones that would surprise you.

A few of these have not yet hit the “mainstream” so now is probably the best time to get in and claim your share before it gets overcrowded.

1) Get Paid to Test Apps

Every day, there are thousands of apps hitting the app store. From games to emoji apps these programs are flooding the market.

A little-known fact is that these companies need to test the app before it hits the app store (or play store). These companies have spent thousands of dollars building this app and they need to make sure that when people try it there are no bugs or problems.

To do this, they pay people to test the apps for them. You can make money using your smartphone or tablet by testing apps.

All you need to do is pick an app you want to test, play with it on your phone for 10-15 min, then write a review for the company so they know what to improve on.

Make Money Online in 2019

2) Become a Social Media Manager

This is one of my favorite. Companies are now coming to the realization that social media is the marketing of the future and that there is a lot of money to be made.

They are now scrambling to grow their social media pages and they are doing it by hiring people like me and you.

They will give you a task like; post on Instagram twice a day, then they pay you. That simple! The pay is anywhere from $60-$150 per week.

May not sound like too much but combine 7-10 companies and you can start making some serious cash. I have friends that were able to quit their full-time job and start doing this full time.

There are even services where companies can sign up and look for people like you. You just register with a site. Select the job you would like to apply for, then get started!Make Money Online in 2019

Here is an example of a dashboard. The gray “Apply” buttons are ones you have already applied for. Every day hundreds of new jobs are added to your dashboard.

This is definitely one of my favorite ways to make money online in 2019.Make Money Online in 2019Click Here to Try it Out

3) Paid Online Surveys

Paid surveys were popular in 2014 and have started to die out. This forces companies to pay us more for filling out surveys.

Paid Online surveys have gotten a bad reputation in the best. This is mostly due to some of the crappy survey providers that simply don’t play their members enough per survey.

The trick is to find a solid survey provider that will pay you well. You also need a survey provider that has a large supply of surveys so that you don’t have to worry about running out!

I personally use Gold Opinions they always have way more surveys than you can possibly do and they add more every day!

Paid online surveys is probably the easiest way to make money online in 2019.

Try it NowMake Money Online in 2019

4) Get Paid to take Pictures with your Smartphone

I don’t know about you guys but I’m known in my group of friends as the guy that takes the best pictures. I always know how to get the right angles and the right lighting.

If you’re also like that, then you can make some pretty solid money online taking pictures with your phone.

More and more companies out there are paying people for their photos. All the stock photos you see on Apple, Microsoft, and Google were bought from people like me and you.

Even random websites on the internet need to buy photos.

You can get anywhere come $0.15-$2.00 per photos. Some mornings when the weather is nice, I’ll take my phone and go around the city and take pictures.

By the time I get home, I’ll have about 200 pictures. I’ll upload those pictures to Photography Jobs Online and usually about half of them will get bought by companies around the world.

Some days I’ll make $50-$75 before noon!

Click Here to Try it out

Make Money Online in 2019

5) Micro Investing

This one is very different than the others. Micro Investing is a type of investment that allows you to invest small amounts of money.

Most brokerage if you told them you only wanted to invest $30 they would laugh you out of their offices. But with micro investing, you can now invest any amount you would like into the stock market.

There is a specific Micro Investing App out there that has treated me very well called Acorns. Acorns is different from other micro investing apps in that it has a feature called roundups. Roundups is a feature that automatically invests your change for you.

For example, you just went to Starbucks and bought a coffee for $2.71. Acorns would automatically round up you purchase to $3 and invest the $0.29 in your investment account.

This may not sound like a lot but it really starts to add up over the long run.