This Is How People Are Getting Rich Online

99% of critics are wrong about tech. And that’s why average people like me are getting stupidly rich off it.

Getting rich is a nightmare.

… If you use it to boost your ego or help contribute to the downfall of society.

But if you use a money as a tool to buy back your time and then help others, it can do a helluva lot of good.

Wifi reinvented the financial landscape. You no longer have to commute to some shabby office and sit in an open plan prison cell if you don’t want to.

Here’s how people are making unfair amounts of money online.

A bizarre form of online course

Why bizarre?

Most online courses suck.

• Bad quality video
• Not much effort
• Poorly marketed
• Terrible visuals
• Too long
• Poor audio recorded on a laptop mic
• Too much FOMO and hyperbole in sales emails
• The same boring image of the teacher for 20 hours
• Not enough social proof with the topic they’re teaching
• Not enough teaching for free, first, before trying to sell
• Too many sales emails. Too much asking. Too much selfishness

I’ve done well with online courses. I’m one of the highest-grossing creators on platforms such as Teachable. It’s not an accident.

Strategy to copy

Don’t be a dumbass. Teach what you know. Make the course high quality. Now, if you can’t, no problemo: sell someone else’s course until you can.

NFTs

People see a buzzword. I see opportunity.

I’m not alone. It comes down to whether you will practice open-mindedness. 82 year old Margaret Atwood started an NFT project. Many know her from books she’s written like “Handmaiden’s Tale.”

She’s not your typical NFT bro.

But she sees a way to support causes she cares about to help solve huge environmental problems. She did, however, decide that many NFT blockchains weren’t suitable because of their energy use. Instead of getting upset and wearing a Greenpeace t-shirt, she simple found another way.

She found Tezos which doesn’t have an energy use problem. Now her NFTs will be powered by that blockchain.

If you’re letting an 82 year old grandma beat you to the NFT game, you’re missing out.

NFTs are stupidly simple: digitize creative work (or anything), prove copyright ownership, accept payment through cryptocurrency, convert Crypto to USD.

Coaching via Zoom

Coaching is a dirty word.

Yet we coach our parents, children, colleagues, or customers every day.

Like I always say, labels limit us and destroy our potential.

Many people need help. They’d love to skip the line and access your library of experience to save time, which saves them money.

You’re worried about charging for coaching. Potential coaching customers are worried they won’t find answers to their problems.

The beauty of coaching is you can stay in your underwear and just put on an unwashed t-shirt to speak with clients. Then go nude when you log off Zoom if you want.

Strategy to copy

• Publish content online
• Content will create inbound emails and direct messages
• Answer audience questions
• If someone wants to go deeper tell them you have a small online business that does that.
• If the person responds back and is interested then tell them your rate and accept payment via TransferWise or PayPal.

Selling links to stuff you love

Every day you use products and services.

The challenge is it takes hours to find the right ones. I’m buying new audio software right now to record my microphone and host live streams. It’s taken weeks of research.

If someone I trust could tell me the best option then I’d gladly listen to them. When they tell me the smart choice they can send me a link so I can buy it.

The human urge to share what we love and help our friends has existed for hundreds of years. The trouble is affiliate marketing is a naughty phrase.

Don’t let it be that way anymore for you. Most products and services you use have an affiliate link button in the settings.

Share that link with people you tell about the product. Or produce content about it and link to it using your affiliate link.

Few understand this…

Using affiliate links is simpler than creating your own products and services.

For example, why try and create a writing course and spend months of your time, when you can simply resell a popular course from someone like Nicolas Cole. It makes zero sense.

Strategy to copy

Get affiliate links for three things you love. Share them.

The Vanilla ice cream strategy

My wife calls me a “basic b*tch.”

She learned the phrase from a Canadian. This label comes from my love of vanilla ice cream. I never do fancy. I like the basic essentials.

If I have the choice between a $5000 Italian leather couch and a grey one from Ikea, I’ll probably go Ikea.

Two of my close American friends use the same approach with investing. One bought an ungodly amount of Apple Stock. The other one bought the ten biggest techs stocks.

Nothing fancy. Just vanilla.

Now they’re both millionaires and quit their government jobs.

I’m similar. Many years ago I saw Amazon’s dominance. You can’t beat good customer service, an excellent refund policy, and every product you could ever want to buy. So, I bought a decent amount of Amazon stock.

That’s been a smart decision, especially after Coroni.

Tech is the future. Investing in it isn’t hard.

Some will say tech stocks or crypto (also tech stocks) are overvalued, destined for collapse, a huge bubble. Most of the time that criticism is wrong.

I learned tech isn’t a bubble destined for collapse. The way we measure the performance of tech and our investment portfolio has changed. You can’t apply 1980s stock principles to a new asset class.

The old model used to measure value. The new model measures community.

That’s why 99% of critics are wrong about tech. And that’s why people like me are getting stupidly rich off tech.

Becoming a fugly rogue

This one pisses people off: crypto.

I’ve been saying it for years. Since then every major corporation has a crypto aka Web 3 strategy. They’re hiring crypto roles left, right and center (see LinkedIn jobs). Yet the sleepers still haven’t figured it out.

Yes, I’m a fugly rogue for going against the consensus.

Right now it’s unsexy to talk about crypto with prices so low. I don’t give a fudge. Short term prices have zero correlation to a long term future fuelled by adoption.

Bottom line: We’ve lost trust in tech, so trust in tech needs to be restored by changing ownership and providing transparency — that’s what a blockchain is. It’s a public spreadsheet with all the information about who, what, when as it relates to, well, anything.

When the trust problem is solved those who invested will be rewarded.

The road less traveled

Don’t build a website. Nope.

Test an idea with a platform like Gumroad.

Start with low friction until you find a sweet spot where people are happy to pay you money in return for value — education, entertainment, inspiration, more time.

Gumroad is a place to sell without all the BS.

TikTok

For the record, I hate TikTok.

But I’m also not a f*cking moron. People are making stupid amounts of money on there because it’s easy to build an audience if you can hold a phone and say something interesting.

Or dance…I can’t dance.

I love how dumb it is. Miss Excel, a 28 year old on TikTok, has a $1M business selling Microsoft Excel information products because of it. Like OMG.

Strategy to copy

Make TikTok videos. Link to a product or service. It’s that simple.

This article is for informational purposes only, it should not be considered financial, tax or legal advice. Consult a financial professional before making any major financial decisions.

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