If you're wondering how to earn money online without an investment then you must have already seen the potential revenue that you could possibly generate whilst sitting on your sofa with a laptop and cup of coffee at hand.
You will also need the internet. You always wanted a way to work from home at your own leisure, didn't you? I suppose we all do. You probably already know of a few ways to make money online from home. You may have experienced or at least just seen what works and what doesn't.
I recently wrote about finding work at home jobs that are not scams and this post is a prelude to it. If you don't know how to make money online from home and you really are a complete newbie to online business then you might not know of the many ways that do work and the many that don't. But first, let's uncover 3 of the worst ways to make money online that I would not recommend. Let's go...
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What are the Worst Ways to Make Money Online?
Now, these are only my opinions and we're all entitled to an opinion, right? Off the bat, I will tell you what online work I stay away from like the plague. I stay away from MLM, Forex and Surveys - those three are right off the top of my head. I'll tell you why...
MLM
It's too pushy and too salesy. It's too spammy and too scammy. Usually (though not in every single case) there is no decent product or service delivered to the customer. MLM is just another version of a Ponzi scheme - a rehashed Ponzi scheme that is far too reliant on getting people to sign up under you.
MLM, in 99% of cases is like a pyramid scheme that only benefits those at the top and those at the bottom are the ones doing all of the work, which is about getting referrals mainly. And usually, the end customer gets little for their investment unless he or she decides to also promote the product. An ongoing cycle that can only end in doom, one day!
It takes a lot of work and can include pressuring family and friends into signing up under you. Sure, if you're good at it then it can be lucrative. But at what cost? MLM is definitely not my cup of tea at all, or coffee! I recommend if you want to keep your friends and family and you want to feel guilt free at the end of the day that you stay away from MLM. My motto is this, "If I really would not recommend it to my own mom, then I wouldn't recommend it to anybody at all" I stick to this motto daily and it has served me very well.
Forex
Forex deals with currencies and their fluctuations. You get to profit if you guess right. Is the currency going to go up slightly or is it going to go down? This is gambling, no matter how well you can sugar coat it. I want a business, not a betting shop that relies solely on random fluctuations in currencies or any other kinds of guesswork. Read about one such scammy Forex product here. Next...
Online Surveys
Yeah right. Some of you may already know that I have had my share of sites that ripped me off, one of which I wrote a review about. You can read it here. Don't get paid peanuts for surveys. They are usually not worth the time and effort AND they make you spill the beans on all kinds of aspects to your life. Not my cuppa coffee again.
Those three make money online systems don't suit me for all their reasons or just some of their reasons. I would recommend to my mother that she stays away from all of them. Let's move on to some stuff that does make money online but without the headaches, pressure, sales, relationship breakdowns, the gambling and all the other negatives. Next...
How to Earn Money Online Without an Investment
See The #1 Recommended Training That Shows You How to Make Money Online...
No Credit Card is Required to Start
I couldn't possibly count all of the ideas on how to earn money online without an investment if I tried. So, I've listed a few of the most popular ways to get started for free.
How to Earn Money with Blogging
Blogging for cash is affiliate marketing. There's the best way to describe affiliate marketing. You write stuff about stuff you know about, basically. Then you advertise the stuff you know about on your website. It is perhaps the easiest to start online business model. You need few pre-requisites (tools) but they are cheap as chips or many times, free. I wrote about how to earn money with blogging here if you'd like to read it now.
What if I told You that You're Already a Blogger?
What if I told you that there is a place you can learn all about these last three methods and more? And what if I also told you that this same place also gives you lots of free tutorials, websites, tools and not only that but you will also get free hosting, free live chat support, and 13 classrooms? Read my in-depth review of Wealthy Affiliate here.
How to Make Money Selling on Amazon and eBay
You could sell things on Amazon, Ebay, and other similar places. You can sell other peoples' things or you could create things of your own to sell, such as...
How to Make Money Selling ebooks Online
Sell them on Amazon, eBay, your own website or you could even sell from many places at once. There is also the method of getting other people to write eBooks for you and you can learn all about that here.
Thanks for reading this short post on how to earn money online without investment. I'll be happy to answer any of your questions in the comments section below. Have a great day. Over and out! To read more about Jim, the author of this post and owner of this website, read this.
See The #1 Recommended Training That Shows You How to Make Money Online...
No Credit Card is Required to Start
Once upon a time, in a galaxy far, far away… Jim got a chronic case of sciatica and lost his job. However, Jim used this opportunity to learn how to build websites with WordPress and then to make money online. Jim wants to help you do the same, while helping you to avoid the plethora of scams. Let Jim help you earn your first $1000 online from home. Cheers and see you soon!
Opportunities are plenty to Making money through online, but my money earning methods are blogging, P.T.C and selling my own products online on eBay. Now! want to start a fresh complete affiliate blog on webhostings. i know some methods you have mentioned in this post, but don’t have knowledge to deal with them.. thanks for sharing your money making ideas with your blog readers.
Great post. I honestly hate MLM. Many marketers can smell someone ambitious people from a mile away and will take that and try to put you under them. Surveys are a joke as well. A 45 min survey for 4 dollars? no thanks. Blogging is much more fun and you meet and help so many people along the way. Thanks for letting people know what works!
Thanks for dropping in Alex,
Yes, surveys…who wants to allow huge companies to know all of your life details anyways?
And MLM, scummy scammy stuff that has nothing of any value to offer anyone except for the promise of riches which are never attained with MLM unless of course you’re at the top of that pyramid.
Hope to see you again, Alex, drop in soon.
James
Hello, James.
Straight to the point article. I enjoyed reading the two lists. I am not a fan of Forex either but I heard some people are making loads of money off it, but the worst thing to invest in and try to make money with is taking surveys. This is a complete waste of time.
And to sum up the list of good ways to make money online, I’ll say that it’s joining Wealthy Affiliate and start your education. People still don’t realize how much money they can make if they use what the community is offering. I am glad that we do.
Regards,
Imad
Hey Thanks for dropping by to say hi, Imad.
There’s a lot more stuff I’m not a fan of online too. All those things for other posts tho!
James
Great review on Wealthy Affiliate for being so short. I knew about the MLM and Survey scam as I had tried the survey scam and got no where. I did not know about the Forex. That probably saved me if I would have stumbled upon it. Overall great website. Headings and pictures were great with the amount of context that you had on them. Keep up the great reviews.
Yes, I am not keen on MLM, Kenny!
Forex? it’s gambling, no matter how you cut it. I don’t like to gamble because I know and understand that it is the house that wins in the end.
Stay clear of forex, mlm and similar stuff.
Thanks for dropping in to say hello, Kenny! Come again soon!
If you’d like some extra help with your business online, hook up with me at Wealthy Affiliate at https://beststayhomejobs.com/ask-me-anything and I will give you a few tips!
James
James,
Good information on what to stay away from and what to do. I do sell on E-bay and have an Affiliate Website. Amazon is not available in my market.
Many people go after the MLM’s because they promise the fastest money. As you state it becomes a little tricky when you try to move off the bottom of the pyramid. You can make some money on the survey sites if you get people to join you, it is much like an MLM. I would go Vegas before I would do the Forex, about the same chance of making money.
Any other types of things to stay away from in an online adventure that will loose you money.
John