Money making programs are all the rage nowadays. Sadly to say not all of them are legit.
With so many scams out there, how do you find the perfect course or program that will actually work for you?
Everything will always seem like a blur in the beginning, but once you start gaining knowledge about the online world things will gradually start to make sense.
I’m here to share with you what I think are the 5 things you should be looking for before buying something that promises to make you money.
1. Not dependent on the program
The knowledge or whatever else that you gain from a money making program, shouldn’t just be about that program. MLMs come to mind where you promote the MLM’s product.
What happens if they crash? You crash with them.
My point is that you should be able to take this knowledge with you wherever you go. It might even be possible to one day “graduate” from that program because you’ve studied enough and can stand on your own 2 feet.
I know a lot of money making programs out there that will ask you to “buy my system”. This system may be an all in one package to help you make money using a certain method.
If you fully understand what you’re doing, you should be able to find similar programs to help you out even if that system were to disappear.
For example, let’s say you’re into domain flipping and a course offers you a program that helps you generate a list of domain names and automatically checks all of them to see if they’re available.
This is a cool piece of software, it is worth your money ( if it’s not overpriced ) and you can understand, as well as replicate what the software is doing by yourself, you just have to go key in your domain names one by one to check if it’s available.
This is what I mean by not dependent on the program itself, it teaches you the fundamentals so you can apply it yourself, with or without their help.
On the other hand, if you’re into trading and someone sells you a program that trades for you automatically, saying you just have to click a button and everything will work out, that might be a bit dangerous.
For one, if you have no idea what you or the software is doing you may get scammed pretty easily. Even if the software is legit ( which obviously it isn’t ) you are still at the mercy of the software. As I said what will you do if the software suddenly gets terminated?
2. Long term and passive income
So, one of the common reasons for making money online is to quit your day job yes? Meaning you want something that generates money for you automatically – passive income.
I wouldn’t call something that teaches you how to be a virtual assistant online a good money making program. Sure it works, but it’s more like another job rather than a money making opportunity.
You want to look out for programs that can sustain you for the long term as well, not something that is hot today but might crash sometime in the near future.
You want to look at the bigger picture here, a program that teaches you how to sell iphone 7 cases to make money isn’t really something sustainable. This program might directly supply you their phone cases, fix your selling channel, or build and directly control your website, meaning you would have limited freedom.
A program that teaches you how to find any product you want and sell it on Amazon is a long term plan. They teach you how to find manufacturers, how to list on Amazon or any other site if you want to and they teach you about the different forms of advertising.
This here is a solid plan, where you have a lot of freedom to decide for yourself and even if one of your product is out of season you can find another one.
3. You should be able to understand the process
We all know that there are many scams giving out false claims. Most of the time you can spot them if they don’t really talk about the theory or the idea behind how you’ll be making money.
If all they talk about is how much you’ll be making or the car you can buy it isn’t really teaching you anything.
I can only give you my experience here, it was like it flipped a switch in my head, I instantly knew how it was going to happen. I instantly knew the entire process ( at least the big picture ) of how to make money using this method.
If the program you’re in is legit, this should happen to you. If you’re like 1 month in the course and you still have no clue what you’re doing you should just get your money back.
A good course will not only help you see your end goal, but also the process that takes you there, to the point that you can confidently explain the process to someone else.
Just because it’s the Internet or SEO or whatever doesn’t mean it’s complicated, honestly.
It doesn’t matter what online course or program you take, if it’s online they all stem from the same basics and a good course should be able to explain to you the basics, just like how your teacher should be able to help you see the clearer picture.
4. Start small and eventually scalable
In my opinion, you should always start small, especially if it’s online.
If a program goes “pay $2000 and you can be rich in 20 days!” you should just stay away, far far away. You don’t even know what the heck is going on, do you seriously want to pay that much money?
You should pay only and ONLY when you know what you’re doing, trust me just because you have no experience doesn’t mean they can’t explain it to you. It only took me a few days to get what I had to do with my program.
I could start small as well, all I needed was a website ( hosting and a domain name ). You might not like this way of making money but it doesn’t matter what opportunity you’re going for, whether it be physical products or online marketing.
You should be able to start small.
Of course as you progress, there should be room for improvements as well. Your business should be able to go up step by step until you’re confident enough to take out $2000 as an investment, and you’re confident enough that whatever you’re investing in will work ( or you can afford to lose that $2000 ).
This honestly applies to all business out there, you start small and you scale it up with time.
5. Something you’re comfortable with
You may already know this, but there are so many ways to make money online ( yes legit ways ). Even being a youtuber is a way.
Not all of these are for you. I definitely don’t want to be a youtuber, not because I don’t like youtube or anything, but I’m just not comfortable in front of the camera.
You may not like blogging as a way of making money if you really hate writing, in which case you don’t want to spend money on a course just to find out that it can make money but you just don’t like it.
It’s just like going to university and finding out you hate your course. Which is why it is so important to understand what you’re getting yourself into.
How do you do that without actually buying the course?
Simple, all course or programs will have some sort of promo video or at least a description. If this doesn’t tell you anything about the course you should just move on to the next one.
If you understand it you should do a Google Search, there’s so much information available online and most of them are free. The promo video or description should, at the bare minimum, give you a term which you can use to search, like drop shipping or affiliate marketing.
To sum it up
After writing the entire post, I realized it come be summed up pretty easily. All 5 points actually come from the most important factor, that is to understand what you’re doing, what you’re trying to achieve ( not just money ), how to get there and also, how much you need in total for your first investment.
If a money making program can help you understand these points you’ll be well on your way, the next thing to do is to stick to the plan and execute what you know.
Whatever business you choose to do will require effort on your part, forget about the get rich quick schemes and prepare to grind for what you want.
Do leave a comment below if you have any questions,