Top 5 Ways To Make Money Online (Build a
$1 Million Online Business)
These are the best 5 ways to make money online and build a profitable online business in 2022, which has the potential to be scaled to 7-figures. So after thousands of making online money strategies that we talked about on my previous blogs and the How to Earn Money Online article.
I am finally going to address the 5 best online businesses you should start in 2022. These are the businesses that I'm either running right now or have run in the past. So I know they work, and I know they have a massive potential to make you money online. And it's vital to choose the right online business from the start because it doesn't matter how hard you work on a business or how much time you spend on it. If the business doesn't have the potential so it's important to choose some of the five that we will talk about in this article.
So before we jump into my computer, make sure to drop a like down below and subscribe for our latest updates. and let's begin…
Faceless YouTube Automation
The first online business on our list will be faceless YouTube automation. It's basically making money on YouTube without making videos and showing your face. You know how big YouTubers, for example, graham Stefan, he's a massive finance YouTuber, and he's making millions of dollars every single year from his YouTube channel.
But the thing with that is that there's only one Graham Stefan. There's a limit to how many videos he can film in a day. He can't really scale that business that much; obviously, he is making a lot of money, but he can't really scale it to a point where he doesn't need to film videos all day long and can make the same amount of money that he is making. But if there is someone else creating the content for him. He can scale a theme of people that creates videos, and he can just run that and operate his youtube channel as a business and not as a creator, and that's how faceless youtube automation actually works. I'm currently running like that's probably my primary online business.
I have different youtube channels where I'm not showing my face; I'm just getting other people to create the content for me. Then I'm just making some money from other revenue brand deals, affiliate marketing, CPA marketing, and all of that great stuff. I actually have like lots of different tutorials in both this and the main channel where I talk about how youtube automation works and how you can start that business from scratch. So I guess you've seen some of those. If not, you can go over to the channel and watch them. They're usually titled like how you can make money on youtube without making videos, and I tried to explain it in detail. Obviously, it can't cover every single step of the process in a 10-minute long video.
But you can just get an idea of how the business works because it's a really lucrative business. And I feel like it's one of the best online businesses in 2022, and it's actually pretty pretty simple, like there's not much to think about it. Yeah, I also do want to mention that you don't actually have to start paying from the start. You can actually start a business for free because you can get free online resources and create the content from stock footage, videos, photos, and stuff like that. And you can also see that inside of those tutorials, and I'll show you exactly how to do it step by step. Also, we're absolutely free, and later on, you can actually scale the business by hiring someone else to do that for you. But from the start, you can do it yourself; it doesn't take that much time and effort, but it's going to be absolutely free.
Affiliate Marketing
The second online business on our list is going to be affiliate marketing; this means that instead of you creating the product and instead of you creating like the sales page delivering the product doing the support and all that stuff, you can actually take someone else's effect, someone else's sales page and just promote it as an affiliate and earn affiliate commissions when someone buys that product or service through your affiliate link. For example, you can even promote amazon products even though I do not recommend that because they only pay like a couple of percents like maybe three to four percent per product sale, which is pretty low, which is a significant difference.
For example, you promote like a lamp on amazon that costs like ten dollars, so you don't have the lamp. You don't have the inventory; you're not going to ship the lamp, you're not going to do customer support, you're not gonna talk to the customer. all you're going to do is grab the link of that lamp and share it like with a friend or a family member or someone else on the internet they click on your link. If they purchase the lamp for ten dollars, you will get two dollars. Just for referring that person or three dollars for referring a person, and there's a lot of different ways that you can promote those products.
A lot of people will tell you like if you google like affiliate marketing, the number one advice would be just to run paid ads to affiliate marketing offers which is something that I highly do not recommend because the cost of advertising on like Facebook or google or youtube is just rising year by year. It's not worth spending that much money to promote affiliate offers. There are many different ways you can do it, and also like combining youtube automation with the previous online business and affiliate marketing is a lot better. Because not only do you get free traffic, so you avoid paying for like Facebook ads and google ads, but you also are being paid to promote those products by youtube because you earn ad revenue from those views.
As I said, I would never recommend promoting amazon products and physical products. Because there's also like a limit to how much you can sell. If it's like a physical product because there's an inventory, but if it's a digital product, there is no limit because there's no inventory and the commissions are usually a lot higher for digital products they go for like 40 to 50 or sometimes even 75 percent, so that was the second online business.
Drop servicing
Let's talk about the third one the next online business on our list will be drop servicing. Just like dropshipping, In Dropshipping, You drop ship physical goods, and in Dropservicing, you drop-ship services. In my opinion, this is probably the best online business that you can start in 2022.
Drop servicing means that instead of dropshipping physical products, you can drop services like Fiverr and other freelancing platforms so if you've ever been through Fiverr or upwork. You've seen that people are selling services like logo design services and video editing services, and they're selling them for like $20, $30, $40, or $50. but what you can do is find clients who will pay more like you can create an agency and charge more for those same services.
But instead of you completing the service yourself, you can outsource it to some freelancer and Fiverr. So let's say you sell a $5 you sell a logo for like $50, and then you go to Fiverr and find a really good logo designer and a graphic designer to create a logo for you for like $25 keep $25 profit. Just as a middleman, so basically like drop servicing services from freelancers and freelancing platforms like Fiverr. This is actually an online business model that I've been doing in 2018-2019 and somewhat of 2022, and it was good. I also have some old blogs and videos that you can read and watch on my blog and YouTube channel.
Personal Branding
The next on our list is going to be something that I'm doing right now, and that's having a personal brand, so as much as I like running like anonymous online businesses like faceless online businesses including faceless youtube automation, affiliate marketing, and drop servicing and all that great stuff having a personal brand is extremely important especially in 2022. because it opens so many doors and can actually make you money in so many different ways, and it's also amusing like as you can see.
I'm out here having fun worldwide, like every single week or every single month. We are traveling to a different place. We are meeting new people, we are having fun, and I'm also building an actual business while doing all of that, so I feel like having a personal brand is one of the best ways you can start one of the best online businesses you can start it's not the easiest one soon this list. Affiliate marketing is the easiest online business that you can start with no previous experience, but having a personal brand is also extremely important. You can monetize it in so many different ways.
It doesn’t matter if you build it on Facebook, Instagram, YouTube, Pinterest or any other platform as long as you have.
Selling Digital Products
It's good I know the last online business is actually tied to the previous one, and it's selling digital products with your personal brand. So I personally sold a course last year and actually made over 70 lakhs by selling a digital product by selling. A digital course and selling digital products is also really good because there's no inventory once again. So you don't have to have a physical product. It obviously takes a lot of time and effort to craft that digital product. But I feel like it's way more worth it because you can sell it unlimited times. There's no limit to how much digital products how many digital products you can sell, and that's how I was actually able to build that one line of product to scale that one line of product to over a million dollars in over a year and a half or something like that so selling digital products can be extremely profitable in funding.
As long as you have somewhat of a personal brand, it doesn't need to be a massive personal brand, like even if you have just 1 000 followers or 1000 subscribers or 1000 friends on Facebook who are really interested in a specific thing. For example, I built a tribe of people interested in making money online and traveling the world like I'm doing. So by doing that, I was able to attract those types of people and sell a product related to that thing they are all interested in. Once again, you don't need a massive following, and you don't need a huge social media presence. Even with just a couple of hundred or a thousand followers, you can still build a profitable online business.
Learn 👉 How to Start a Drop shipping Business on Shopify (2022)
So those are the best five online businesses you can start in 2022. we have faceless YouTube automation, drop servicing, affiliate marketing, personal brand, and selling digital products.
I really hope you learned something new in this article, and if you did, make sure to drop a like down below if you want to see how you can do this step by step or complete step-by-step tutorials. Make sure to subscribe to my email list for the latest updates.
Read More: Best & Easiest Ways to Make Money Online for Beginners
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