The biggest advice I can give is to pick a small niche, set up a site and start experimenting. Make mistakes and learn from them. That’s the only way you are going to succeed. Of course, have realistic expectations. It took me more than 1-2 years to start making decent money. But the beauty of it is that once you make that first dollar, you know it works and at that point it just becomes a matter of scaling it up, working harder and smarter to scale up your business.
For example, let’s say you signed up to become an Amazon Associate so you can make money as an affiliate of Amazon. You then create a gardening video showing people how to plant a small tree. Find the exact shovel you are using in the video, on Amazon, get your affiliate link and put it in the description of your video so people who are interested can buy the same shovel on Amazon. For every person that buys the shovel, you earn a commission.
What makes making money as an online English teacher particularly interesting and easy with sites like VIPKID is the fact that you don’t have to spend any time or money trying to find paying clients. VIPKID is a huge platform with hundreds of thousands of paying students. The site takes care of everything for you. Bringing you students, scheduling classes, pay, etc. All you have to do is set up your own schedule (yes, you get to decide when you want to work!) and teach during those hours.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.