Is It Getting Easier To Make Money Online?
Two theories on whether or not it is getting easier to make money online based on personal experiences…
Theory #1 – It is getting easier to make money online as the business models mature and online platforms continue to thrive
As more business models based on online content continue to thrive, participants that are well positioned and willing to work can make money via the increased dollars flowing through these mediums. Two examples come to mind.
Huffington Post selling for $300+ million demonstrated that the model works. Now, you probably aren’t likely to make money as a HuffPo writer considering they’re selective and most writers work for free, but their success impacts the industry.
Another example is Seeking Alpha, which continues to grow and generate massive traffic. I’ve been writing there for some time and they have recently launched their premium content which allows you to earn $10 per 1,000 page views that your articles generate. I can tell you that you can make decent money here fairly easily as three articles I’ve done this week have grossed me over $150 already. You can see my articles here.
Theory #2 – It gets easier to make money online when you personally become more established
My other theory is that it’s getting easier to make money online because I’ve now been doing it for several years. Most people fail to make money online because starting out is difficult and you literally make pennies for every hour you put into it for months and months. If you can push through to the next level, there is legitimate income to be had – I’ve documented my process here.
As I’ve become more established, more people offer to pay me to write things, more people know about my site(s) and want to advertise, more people want to partner with me, etc.
For me, it is definitely getting easier to make money online, and I think there are a number of factors like the two I’ve outlined above.