The 3 'BEST WAYS' to Make Money Online

There are lots of ways to make money online, but in this video I'm going to give you my top 3 "BEST" ways to do it.

Why do I need to include "BEST" in quotations?

Because best can be defined in many different ways. For some, it means the fastest way to make money online. For others, it's what makes you the most money.

My definition of best has 3 qualifiers:

✔️Digital Product (so that it can be created and sold/distributed again and again without the hassle of creating actual physical products, shipping, returns, etc.)

✔️Recurring Income (so that you can continued to get paid over and over again from the same customers)

✔️Scalable (so that it can grow with your business)

The three examples I give that meet all these qualifiers (in different ways) + a mistake that I personally made with each (so you don't make the same mistake, too):

👉1. Software (2:27)

👉2. Membership Site (4:39)

"People come for the content, and they stick around for the community."

👉3. Sell Products (7:11)

How to Make Money with Affiliate Marketing:

Let me know in the comments which one of these 3 business models of "best ways" to make money online most interest you!

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Want to learn more about the smart way to make money online and start a successful online passive income business (without ripping people off or being dishonest)? Then make sure to visit the Smart Passive Income getting started page below:

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New and updated: "Podcast Marketing in 2020 (Top 5 Podcasting Tips that Get More Downloads and Subscribers)"
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[mikiram]

Great content Pat. I´m also blown away by how quick, sharp and effective your speech has gotten evolving from your early videos. Awesome how you´re still delivering so much data in no time and yet you´re nice, charmingly laid-back and fun. Keep kicking! Thanks

[broccolihash]

Affiliate marketing for sure! I’ve had a small taste of it and it was really amazing. My biggest thing is how to drive traffic to affiliate marketing links with only a small following on IG and YT

[christurner]

Digital software through affiliates. A good way to monetize the resources we provide to our community.
Love the shared example of the lesson you learned while building your subscription community. I was thinking about creating one myself. Now I think I need to step back and look at my ability to offer great content often enough. Thanks again pat for the super valuable content!

[sarahfenlonfalk]

I love what you said, and Ive seen you wear a t-shirt that says, “Serve First”. I think it’s a beautiful business and life philosophy and goal.
Thank you!

[Materva-hvsz]

This is one of the best channels i've ever found. You don't bullshit like Tai Lopez or Alex Becker. I actually find Alex Becker very entertaining, but I haven't learned a tenth from him what I've learned from you

[saralyn]

I love the idea of building a community AND Affiliate Marketing all under one site. Keep teaching. You have a wealth of experience and knowledge too share with others! 😁

[EllensLaughter]

If I could only choose one: digital products. Great video, as always, Pat.

[VLoveTarot]

Great tips here. I focus on building my community 100% and I have to say I agree with your statement. I think if you build that trust, your loyal supporters will stay for the long haul. I offer entertainment and friendship on my channel and have 57 patrons that I have built solid relationships with. If I didn't interact with them, they probably wouldn't have stayed for as long as they have. Providing valuable service is a plus. great video Pat, and your 80's theme (shirt and frames on the wall) are so up my alley. Something else we have in common.

[saufai]

Digital products!! After much research and watching a lot of your videos as much as membership is amazing I think it’s better to do one off courses. Thanks you are a great inspiration for me. Your presentation style and concise communication is definitely my favorite among your peers. I am also a huge fan of Tim Ferris and the 4HWW ideals and to become part of the new rich I’m going to create digital products that will sell for years to come. Thank you! Keep creating great content.

[renefrancisco]

Hello Pat. I write to you from Caracas, Venezuela. I have been following you for about 3 years and I have followed some of your advice. For now I am finishing publishing my book, I am also very enthusiastic about creating courses for the Udemy platform and I realized that affiliate marketing can complement the other two because while I teach how to do things I can recommend products.
So I recommend 3 things that neither excludes the other.
1- Write a How to ebook.
2- Create a video course.
3- Affiliate marketing.

[frednrussell]

Great Pat! I like recurring income with a membership site. I would love some ideas on what or how to do it with photography? Thanks love your channel!

[RezaMolavi]

Thank you Pat. I always enjoy your straightforward approach and real world advise.

[RachelSLee]

This video is so informative. The idea of building a community AND Affiliate Marketing all under one site. I am an Affiliate Marketer and this is definitely an on-point valuable video.

[fantom]

nice video Pat. I am personally interested in digital products, but not having any design skill or coding skill cannot find any ideas for it. would love if you made a longer video that goes in-depth on digital products. thanks!

[heartfullliving]

Great advice ☺️. Thanks for sharing great value.

[christiehobbs]

A positive mindset and the I can attitude are a winning combination, We all have things and events happen in life I believe it is how we get thru it that makes the biggest difference. When I surround myself with like-minded people it is so much easier Make the most out of everyday

[karolgarley]

Affiliate Marketing... This would be my choice. 😊

Great video, as always!!! ❤

[ChaosX-]

Good day Pat am launching my first ebook, how do I market it effective?

[VlogwithKing]

For me, it's affiliate marketing, Gonna check out your Affiliate 101 now. Thanks Pat!

[figogaati]

Hey Pat,

You mentioned wire framing I'm this clip.
Are there any good wire framing sites that you would recommend before handing over a Web development project ?