Let’s go for the second post of this blog. In this post, I would like to categorize online money making at the very beginning of my blog. Because, the people who are interested in online income need to know the types and description of those type. From the description, the readers better to say eager persons might be able to choose which type of online money making is suitable for them. Therefore, let’s go for that.
In this world, there are two types of people: the first is the people who are very active and hardworking, and the second type is the people who are not very hard working and want to finish everything technically. Based on the types of people, I would like to categorize their ways of earning into two. And similar is the scenario in case of online earning. To me, the followings are the two major categories of online money making:
- Active Online Money Making
- Passive Online Money Making
The ways to make money reflect as the names of the types suggest. Let’s dig deep into these two types.
Active Online Money Making
As the name suggests, in this type, the concerned person is directly involved in physical or mental labor. That means people engage themselves in work directly. Remaining active, they complete the different types of work according to their merits and capabilities. Let’s discuss in details.
A farmer works in his farm and produces crops. He sells his crops to the market and earn money. The farmer may also work on other people’s farm as labor in exchange of fixed salary. In this money making process, the farmer is directly involved into work.
Similarly, when a person directly works for earning money online, that is called active online money making. Freelancing and running online shop are two popular examples of this process. I’ll try to discuss every possible process of earning online in details in this blog. Some of the active online money making processes are:
- Selling Own Products on Online Shops
- Providing Training Online
- Creating and Publishing Youtube Video
- And Many More
Details are coming in my coming articles.
Passive Online Money Making
The next division is passive online income. Passive online money making ways are those ways in which a person is not directly involved into work and earn from there. To clarify, it is some like doing something, remaining idle for that and earning from that work for long time. If you are a lazy person and want to earn money for long time after a work, you can choose this type of work.
To elaborate, think my previous example of a farmer who works hard in his farm. He is involved in work and keeps working for earning money. Imagine he has earned a lot of money and bought some farm lands. Then it would be impossible to work in his every farm. Therefore, he will give his lands lease and earn from there. The farmer is not working here but he is making easy money.
There are several arena in online from where one can make this type of money. Some of the ways of passive online income are as follows:
- Affiliate Marketing
- Drop Shipping
- Amazon FBA
- CPC (Cost Per Click)
- And Many More
In these type of work, a person does not directly involved into work. He remains inactive, others perform a task and the person gets money in his/her wallet. For example, in case of affiliate marketing, the promoter gets commission of every sale from his affiliate link.
The afore mentioned are the two major categories of online income. I will explain everything in my later articles. If you have any suggestion or question, certainly you can comment. I will reply ASAP.