The real question is, can I make a real income online? This is what we’re about to find out.
Before I do, allow me to share a story with you. Back in 2001, I discovered an industry called network marketing.
Network marketing is a business opportunity where you join a company and promote their products. All while recruiting others to join your team to do the same. This is called leverage and residual income. That was my first exposure to entrepreneurship.
When I first discovered network marketing, I didn’t know that it was a business. So I thought it was something you can go in, start to make any money right away.
But that was not the case for me. I struggled and failed miserably. Starting off what was pretty at all. After dabbling in the industry for a few years, I eventually found success.
Fast forward to 2005, I got involved in the real estate market and did pretty well in it. As you may know, or as you can recall, back in 2007-2008, is when the recession hit, everything crashed.
That was a pivotal time in my life. It made me realize that I had to create my own economy. Create your own economy, you will create your own income and not rely on anyone.
So I started to look into other types of businesses. I didn’t know exactly what I wanted to do. I started noticing that a lot of businesses, especially the brick and mortar businesses, started to close down, stores like Mervyn, JC Penney’s, Toys R Us. Stores were starting to close due to the emergence of Amazon.
Amazon has taken over the retail space in terms of making shopping convenient for people. Where people can go online, search for what they want to buy and buy with a click of a button.
They created a microwave society where people get what they want almost on demand.
I started to notice, with the emergence of Netflix, in the beginning, before they started the streaming services. They were renting movies through regular snail mail. Where you can go online, and you should check out the titles that you want and Netflix would then send you the DVDs through the mail.
What was smart about Netflix was that they knew that technology was the future. They decided to go away from shipping out DVDs, then take the movies that they have and put it into a database where people could watch movies on demand. It was so smart and innovative that Blockbuster movie wrote it off and thought it was a fad.
The key here is people want things on demand. People want things to happen right now. When I realized that when online businesses started to emerge, I had to take inventory of what’s happening in the marketplace. Shortly after, I got involved, with affiliate marketing it’s changed the trajectory of my life. I’ve been able to spend less time working and also make a nice income from doing so.
In this video, I answer the real question if online affiliate marketing is for real and can it work for you.