Is the bigger money only in teaching people how to make money?

In my opinion I don't think that is the case.

From what I have seen. It seems like the people who teach people to make money doing these things are doing what they teach. I am not sure if you just had a bad experience or if maybe your having some trouble and are feeling discouraged. But, if you look at them they always have examples of how they did it and are currently doing it.
I would say most people do it because it is a good side income in addition to their businesses. It actually makes a lot of sense if your in the right niche.

Like I day trade stocks, currencies and stuff like that every day. And I am now showing people the strategies I use and the proprietary trading firm I go through. And I make a affiliate commission doing this. Making more traders is actually good for the market. Its not like it hurts me and it helps a lot of people who may be good at trading but just don't know where to get started.

It seems like for amazon all the people who teach people to do it have business that do well over 7k a month, I actually know a couple people who do amazon stuff. That is actually really small. In a business I used to work for I would sell thousands of dollars online in used laptops.

It depends on the niche your in really. And how good you are at marketing. I have seen some businesses in a niche hit their all time highs this month. Others in the same niche are hitting all time lows. The difference is in the person who is running them.

Hell I have probably sold at least 10k in magic the gathering cards online. but that was more of a hobby then a business.

So I guess my point is this. In all things in life. 80% of the results in any industry come from the top 10% of people. They work like hell to do it. If you want to really make money online. You will have to accept the fact that it is not going to be easy. commit yourself to learning. Don't be afraid to fail. I have completely botched products before.

I hope this gives you some insight.

Selling courses or personal coaching are products/services like any others. Even though I am author of two email courses (but both of them are free, I have never tried to sell them), my impression is it would be much more difficult to make a living teaching others how to make money than selling my own product (or promoting some good affiliate programs).

Don't forget one important thing - if the author of the course says that he/she makes $7,000+ a month, it does NOT necessarily means he/she really makes this money. It is just one of the strategies how to sell the product (something like "Look, I am so rich, if you pay me $99 I will tell you my trick").

You're wrong.

Teaching can be profitable but that doesn't need to be related to IM or IMers.

Internet marketing forums in general are usually narrow minded in what can be sold. The forum traffic tends to associate selling with selling to other IMers which is nothing compared to the rest of the world/traffic.

Look at gardening, it can be a business or a hobby, just depends on the angle you want to sell. Both business/hobby will buy training material. That's one example but the same goes for thousands of other niches/subjects.

I get the feeling you're reading a few big shot IM hype blogs with fake income reports. Stop reading that stuff except for lols.

There are people who earn more than 7K a month and they teach nothing.

However, teaching what you know and asking a fair price compared to the value provided through this education is clearly a good way to improve income while helping others. The students should learn and earn rapidly due to efficient concepts.

Does that mean that it's the primary source of income of the people offering those courses?

It shouldn't be the case. However, if those people get lazy, enjoy the money coming from the courses they offer and slack on research and development, then your constatation might become true.

It's a case by case scenario depending on the authenticity of the people selling those courses.

No, it's not true that you have to sell the "How-To" in order to make decent money.

You just have to find a system (process) that works for you.

With any business model, there will be those that do well and those that don't.

There are those that make way more than $7K actually doing IM and those selling how-to IM that make much less than $7K and vice-versa.

The real money is selling quality products that enrich a customers life or service that betters it. You build a list and sell all different products and you will have customers for life. Most people selling How to Make Money Online are all scams and it comes back to bite you in the end.

I think people that earn big money online have several products that they own, some affiliate earnings and a teaching portal. They have all these things working together.

It is not only about "how to make money" niche. You can't (or at least should not) teach how to make money online useless you do it yourself. So, their earning has different branches.

Where are you looking for your research? Please consider the following:

Warrior Forum is focused on being (for the time being) the world's largest Internet community and marketplace. When one looks here, most of what they see is about making money. Marketing on the Internet to make money.

But poke your head outside of IM, and see, what I described 23 years ago, as the Oceans and Great Lakes.

The oceans are, Making Money, Porn, Connections, Voices and Beliefs, Personal Satisfaction of Interests.

Those are the eternal EVERgreen markets, or at a more natural level, basic needs and wants of people.

People want to connect with other people: Facebook, Pinterest, Twitter.
Sex. Built in drive, need, want and energy force.
Money. It is the oil of life, with enough, life can run smoothly (doesn't always, lots of ways to gum up the machine of happiness) and with too little of it, stress galore.

People want a voice. And boy oh boy, the Internet has given them one big noisy hum which generates headaches like a slept on cell phone.

And beliefs...Religions. Politics, Prejudices.

And personal expression, interests, hobbies, satisfaction.

OK, so let's look at it from a higher perspective, above the Fray of the WF. There is a guy, a Warrior from long ago, his name is Mike McGroarty and he started a site freeplants dot com, still up and running. His passion was growing stuff in his back yard nursery. YES, he did it, yes he made money from selling plants, then he TAUGHT OTHERS how they could do it, and evolved over time as both an expert in small nurseries and INTERNET MARKETING.

Then you have the PAUL bros, YouTube sensations, albeit, I'm tempted to say YT Idiots, however their combined 25 Million dollar a year incomes show they ain't that stupid.

LOOK to self-help, see many scores of people making over 100K a year teaching other people how to fulfill their potential, from 100 million dollar a year Tony Robbins down to the wonderful women of writing and travel; Natalie Sisson and Kelly Gurnett.

The WF's own, Marcia Yudkin, a writer with over 15 published books, does pretty well, and even with some of her work focused on making money.

The point, if I have one, is...it is a big world of opportunity out there.

There are NO rules. No stop signs or traffic signals to obey either. It helps to be aware of the Oceans of interests, the on going, evergreen, PARADE OF LIFE wants and needs which will always be available to those who want to mine their gold from them.

And many smaller lakes to fish in, with millions of other people who share the interests.

Making money and HOW to do it, has been a best selling strategy for centuries, and it is full of con artists, quick buck guys, the Bernie Madoff's of the world, but there are also people who toiled in the fields and got their harvests BEFORE they began to sell the seeds of their prosperity to other people.

So, it APPEARS to be, like objects in the rear view mirror, closer than they are...that so many people are making money by selling HOW TO MAKE money things.

It all depends on where you are driving your car.

Big world. We all get to choose, which is quite often forgotten, what we want from our lives, the sad part may be...that so many never get around to figuring out what they really want.

Cause, once that issue is resolved, what you want and why...the rest of it becomes much clearer, like fog lifting over the San Francisco Bay to reveal the splendor of the city.


GordonJ

The only people who have the need to brag about what they're earning is the people who are selling Make Money courses. That's why they are the only ones you see.

If someone is making $7,000 a month with their "How to Raise Chickens" or "How to Play Guitar" websites they have no reason to tell you about it.

Rose

It's not the case at all. People make big money, decent money and no money in a plethora of niches. It's all about how you approach the niche, how you market and how much time/money you are willing to invest to get to where you want to go.

Good money can be made in just about any niche if you know what you're doing and you follow a plan. The reason so many fail isn't because of the niche, but due to their lack of commitment and follow through.

$7K a month really isn't that much and there are probably thousands making that much in niches outside of the making money niche.

Benjamin Ehinger

If you're making $XX,XXX per month, would you bother telling others how to do it? Chances are you'd rather hone your skills and dedicate your time to what works for you. There are more affiliates who make a decent living selling products online than teachers or "gurus." Dropshipping is a recent example, you don't see that many affiliates boast about their numbers, yet I have some friends who achieved $500 per day doing it and you'd never guess because they keep a low profile (one reason being so their market doesn't become saturated too fast).

The reason why you're seeing several affs sell courses is because it works. But that's just the tip of the iceberg IMO.

Are you aware of the concept of a "self-fulfilling prophecy?"

My guess is that you are trying to do some research on how to make money online. So you do what millions of people do every hour, and you google it.

Lo, and behold, what pops up are thousands of sites all claiming to have the carefully guarded secret of making big money online, often promising one can do so with no knowledge, no work and no time. All you need to get rich is a valid credit card...

And to establish their credibility, or at least the perception of credibility, they brag about how much they make. The worst offenders are the ones who still lean on photos of McMansions, expensive sports cars and bikini-model "girlfriends."

One time, I recognized the fancy house in one of these images. Had the camera used a wider angle, it would have showed the "For Sale" and "Open House" signs. The sports car has a windshield sticker from a local rental agency. An image search turned up the fact that even the "girlfriend" was a rental .

As Rose said, the only ones with a need to brag about how much they make are the ones trying to sell you something.

Not even partly the case.

This is a good question and it has a lot of answers. Some of it how much time and money you want to put in to your affiliate marketing pursuits. Some of it has do with you skill level and what you are comfortable with.

The fact is that a number of course providers do make $10,000 per month and they do not guarantee that this will be your result. But they say it is possible. And they say it is possible because they make $10,000 per month and are suggesting that you work with them in order to do so as well.

There are some here who will claim it is all B.S. and certainly the ad bots on Facebook and Google have their own automated opinions in this regard. Nevertheless, some do make that kind of money and, if you are interested, you will have to check around to find someone who you can trust and who you can work with.

This is assuming you have an interest in promoting digital marketing courses. Certainly, there are other opportunities out there. If you have the skills, perseverance and resources to build a business than it's likely you will be successful in whatever you decide.

Creating online courses about how to make money is one of the biggest trends going around the internet world. I've seen it everywhere.

Hello Kimberly91,

I do not believe that there is a rule to it all. The amount of money you are able to earn comes down to three things:

1. The price you are willing to charge for your product/service.
2. How valuable is your product/service in your client's eyes.
3. How successful you are in attracting people willing to buy from you.

There is really no limit to how much you can earn if you exceed in all three of those points.

The thing is, most people are making progress in one or two of those things but rarely in all three.

There are a lot of products or services out there that provide solutions to many painful problems that people constantly struggle with. However, entrepreneurs selling those product/services often focus on wrong things during the sales pitch. Because of this, people fail to see full benefits that they would be able to receive from them and, as a result, say no.

Others have great products and sales pitches but are not able to get through the competition and experience slow growth as a consequence.

Those that are consistently selling their products/services cheap need to find significantly more customers to grow their profits or have difficulty selling anything in the first place because they are perceived as low quality.

As you can see, you really need to optimize and/or improve all three points in order to reach the success you are looking for.

I hope this answers your question.

Good luck and enjoy the process.

Those awful make money by teaching folks! No that isn't the case. Some of them who are trying to reach aren't making a dime. But some do!

In the end the people who make really good money 'specialized' skills.

Kimberly,

You're too close to Internet marketing. You're only seeing those who are trying to sell their IM products to you. But if you were to dig down deep into non-IM and non-business related niches, you would find all sorts of examples of people making full time incomes based on the subjects of their own particular niche.

Unfortunately, many newbies come into IM and immediately think that selling to the IM crowd is the only "big money" around. So they decide to choose the IM audience as their chosen pool of prospects. IMO, this approach is a huge mistake for several reasons ... chief among them is the fact that the newbie has no experience, success, or training in the IM marketplace.

I like to suggest that people choose a marketplace where they already have an "advantage" over other people in the niche. It could be previous education in the subject, work history, training, life experiences, deep passion and love for the subject, or even just a desire to learn more about the topic. All these things will give the entrepreneur and advantage or "edge" over others in the niche. From that position of being "a step ahead" of others, the person is in the best position to assist others - to lead them toward purchasing things in the niche that will be valuable and helpful to them.

The very best to you,

Steve

I disagree, many people are making that kind of money (and money) in other niches.

Some of the other big niches - weight loss/diet, financial offers, dating, etc..

Also, keep in mind, many people making that amount are also in multiple niches as well.

It's a nice question. Thanks.

Making Money Online or Internet Marketing is a huge niche, but the competition is also great. Similar to other niches, you can only generate sales if you can find the right audience.

Most of IMers started with other niche, weight loss like me an an example, or trading or whatever and then they teach what they have learnt

The most important aspect is that u have made money using the strategy you are teaching or you are advertising in case of affiliate.

You see the knowledge they share is truly valuable, but then what they teach is something that is already available online. There are a lot of ways you can learn and it doesn't require you to pay. Niel Patel for example, his YouTube videos can teach you many things and it's actually free. Associate yourself with people who are smart and has the drive to be successful, it doesn't matter if you are the stupidest in the group, it only means you have the greatest potential to learn and grow. This is one step to success and earning even more that 7k. I earn close to that but I'm still a process waiting to achieve more. You can do it too.

$7000 a month is not a lot of money. It is for most people, I guess, as I see the "struggle point" around $2K a month in the US. But if you have a real business and not a hobby, and are consistently driving traffic, qualifying leads, closing sales and fulfilling orders you can easily get past that figure.

Where real money is made is in giving growing business owners the ability to:
> scale what they're currently doing
> recover their time, especially weekends
> systemize to reduce fulfillment time and energy, and reduce expenses
> strategically partner to access other buyer lists
> and so on.

The newbie cannot conceive of these problems as they have not reached the idea phase where those exist yet. It's like taking a solopreneur and showing them an in-depth CRM: "Why would I need that?" they say, and they're right! A spreadsheet is just fine at the level they're currently at. A complex solution is not necessary for the size and nature of the problem they're facing now.

You can get good at Amazon FBA. One thing it has going for it is the platform and system are consistent. Learn how to put $1 in and get $1.10 or $1.20 (or more, if you're great at it) out, and you've got a consistent money machine.

But it's just one platform. One distribution channel. You're building your business on somebody else's real estate. What if Amazon decides to change their rules?

Using other platforms as leadgen tools is good...but get those people over to your own real estate ASAP.

There are only 3 ways to make more money. Increase:

1. Number of buyers
2. Price point
3. Frequency of purchases.

I do not see many people concentrating on the third.

I don't entirely agree. I have come across many talented people who have used their knowledge and skills to make a few great info products. For example, I saw this photographer's info product "Trick Photography" and he is doing very well. Another product I found on ClickBank by a carpenter. He was selling blue prints of 100 wood work projects. He too was doing well. Yes, teaching pays, not necessarily about how to make money but in many other niches also. Whatever, I have learnt about internet marketing, I am using that to sell my digital surveillance and point of sale products.

Just as a heads up, when I started online 18+ years ago, I was ghostwriting for some of the top IM gurus online. They ALL made a ton of money in non IM niches. They had me ghostwrite about ALL kinds of topics not related to IM at all (think parenting, dating, forex, etc) and then they took their insight gained and turned it into IM products.

I always see people saying that's the only way they make money - teaching others - and it's SO wrong. Every IMer I'm close to who teaches marketing makes money in other niches, but why NOT add to their income by teaching? If you have time to create a product for it, it's almost foolish not to.

I think that genuine internet marketers make just as much money teaching as they do, using the same methods that they teach. Those that don't really know how to do it themselves, are the ones that make most if not all of their money, teaching theory.

The best way to spot those who actually do what they teach? Just watch them on Facebook etc. If they are selling you info products on product launches, are they actively launching products themselves? Is there any evidence that they use the traffic methods that they say they use? What are others saying about them? You can't hide on social media. Hope this helps.

There's so many so called "experts" and "gurus" online, you should never just get into a business just because it's suppose to make a lot of money, you should only ever offer a product or service if it truly offers value to your intended audience and this usually comes from having a long interest or passion in a particular subject where you can make something more easier/quicker/cheaper/focused/bigger/etc....than other solutions already out there, otherwise it's just another "me too" product that eventually fades away.

Focus on making people's lives better, and the money will naturally follow..

There are a lot of ways to make some amount of money on the internet especially with IM. But the figures you hear talked about are sometimes exaggerated or completely outright bogus.

Exaggerated because in most cases such figures are not based on selling one product alone, but many.

Such figures may also be the sum total combined earnings from other businesses or side hustles too. Another thing you have to consider is how long those who claim such amounts have been in the business. Is it 5,10,15 or more years? Then they know quite a lot about what works and what doesn't work.

If you are good at making money online, why not teach others and show the way and earn a living in doing so...

There are a lot of people who have courses on how to make money online that didn't start out that way. They actually found a sub niche to focus on, they built a business and now focus on teaching other how to do the same thing using the marketing and sales strategies they used in their original niche.

I think there is more potential to make money in a sub niche that still teaches something, but not how to make money.

Could it be that since we are focusing on this niche it seems to be what we are surrounding ourselves with and appear that way?

Sometime the smaller the niche, the less competition and the more profitable, its just trying to find those sub niches that is hard.

In a word: "No."
(This is a common misconception that many "Newbies" have.)

The truth is there are countless People making great money in all kinds of Markets and Niches. It would be more accurate to say that the money is made by providing value to People/helping them/etc.

HTH.

P.S. Frankly I don't have much faith in People teaching others how to make money online that haven't (in other Markets) done it themselves.

What do you mean big money?
$100,000 p.a.?
Probably..

$1m+ per annum? $10m+ pay out? NO

You know where the huge life changing money is?

Build a business, either do an I.P.O. with it or sell out privately. $5m+ retire. (semi retire and teach others) I know a few people that sold out over $10m. Never heard nor seen again.

Easier said than done? Of course, It's not going to be easy unless you get lucky.
Doable? YES 100% Maybe it will take you 3-4 attempts. Worth it? You decide?

This is why i say never buy a franchise...you cannot sell it or do an IPO with it.

Buy a business or create one from scratch....it's a journey but it is one worth starting. What do you have to lose?

The greatest profits are rooted in your passion. You work for the love of it, detach from outcomes, fall in love with the process, serve folks and over time, you build bonds with like-minded folks and grow something special.