Post image for Want to get started making money online and want to know where to start?

Want to get started making money online and want to know where to start?

by Jeremy Schoemaker on January 15, 2014 · 18 comments

About every other day I hear from people who have lost their jobs or they are in dire situations and that want to get started making money online. A lot of them have stories that are very heart wrenching. Unfortunately, a lot of people are in a position where they need to make fast cash right away but unfortunately making money online is probably not the answer for that.

20 Key Ingredients to Throwing the Best Party Ever | Pleated-Jeans.comRegardless, I wanted to put together a guide for people who are curious about the world of making money online, as kind of a bookmark. It is the least I can do for people, instead of ignoring their questions (just as they get lost in the shuffle of things).

I can understand why people look to making money online. They read the countless stories of successful people that are making money online and they want that, too. I recently released my complete training course. (Which you can enroll in here if you haven’t already.) It actually comes free when you enroll on my newsletter also.

So let’s jump into it.

First off, let me say that making money online is a job.As sexy as it sounds or as sexy as other people are make it out to be, it’s something that you’re going to have to develop a skill at. And not just one skill, like eight traits, if you will. It’s not going to happen overnight. In fact, for me, it was 2 to 3 years before I ever made any money on the Internet. Now, with the opportunities today, I don’t think it will take nearly that long for someone to start earning a living on the Internet, but I just want to preface this by saying it is a job. And it is going to take sometime.

First let’s talk about the quickest way that I know to make money on the Internet.

This is called arbitrage. It’s a combination of online and off-line ways to make money from the Internet. This can be done by browsing all of the deal sites such as slick deals or FatWallet. Many times you’ll discover on these websites have incredible deals on computers hard drives, all kinds of technical equipment, iPads, accessories and other various kinds of equipment. These items can be found at ¬†significantly discounted prices.

You can purchase these items at these dramatic discounts then turn around and sell them. They can be sold on places like eBay or even your local craigslist. A surprising amount of consumers do not know about any of these websites or the deals to be had. This gives you the upper hand. You are able to list the products as new as that’s what you’re buying and reselling.

Before I actually “made money online” this is what I was doing. And I made a very good living doing this on the side while I had a full-time job. I would buy computers that were refurbished and part them out and so the parts could be individually sold on eBay. I would make¬†200% to 1000% return on my money and I would only pay $50-$100 per computer. It was a really fun time for me and I found it very very interesting.

It is an amazing time that we live in right now, filled with opportunities regardless of what you find interesting. You are selling to a worldwide consumer base and you’re also buying on a worldwide consumer base. A lot of people don’t understand the offers that are out there. That’s where arbitrage comes in. It’s actually just the profit from a market imbalance.

So that’s the fastest way to make money online that I know. I’ll admit that at requires at least some money to get started. Even if it’s a very low amount.With that said, of course, you can do some pre-research on what items are selling for on eBay by looking under completed listings. Don’t go off of what people are asking to sell items for. But make sure you look at the completed listings to see what items are actually sold for. This will give you a gauge of the margin you can make on what you can buy them for an profit.

full disclosure

About the author...

– who has written 2857 posts on ShoeMoney.com.

Jeremy "ShoeMoney" Schoemaker is the founder & CEO of the ShoeMoney Blog, Elite Retreat Internet Conference, & the PAR Program. In 2013 Jeremy released his #1 Amazon Best selling Autobiography titled "Nothing's Changed But My Change" - The ShoeMoney Story. Jeremy currently lives in Lincoln Nebraska with his wife and 2 daughters.


Justin recommends you check out these amazing posts:

  1. fat-3 I used to be FAT until I had A Duodenal Switch
  2. shutterstock_73217308 You’re Too Sensitive to Be on the Internet
  3. blueglass-20101012-225302 Men (And Women) Of Honor – In An Industry That Does Not Have Much

{ 18 comments }

1 Deeno

Jeremy,

For the past 6 years I been reading your blog, I love the fact that you are as real as ever.

I have to agree that with this post, you did make a point.
Truthful fact indeed!
If anyone asks me what is the easiest way to make money online, i tell them to go to digitalpoint and start doing forum posts.

That is if you are a native English speaker.

Fastest money, but chump change.

-Deeno
Vinimation.com

2 Enstine Muki

I make money online and can confirm it’s a job. Some people take it light and that’s why they fail so quick

Thanks for the value in this post Jeremy

Shoemoney 3 LeeAnna C.

This is exactly the kind of post I’ve been wanting to see from you for awhile.

Shoemoney 4 Mr. Defts

I feel for people in dire situations, too, but I get flooded with messages and it is like who is the real deal and who is a scammer? And even if I could help, I couldn’t help everyone. So sad and frustrating.

Shoemoney 5 Rob

There is no get rich quick program out there. Sure there are way to make things happen faster but few people have the patience to build things up the right way.

Shoemoney 6 George Harlan

Hell yes it is job, you can’t just set it an forget it and let the dollars come rolling in.

Shoemoney 7 Leonard

I remember when I first watch your videos on arbitrage. Really helped me get things started. Thank you so much for your guidance.

8 Morten

Great blog man.I read this everyday.This is THE blog to come to.
If i have a question about anything, i know which page to go to.
Thanks for all your help man.Keep up the good work.

Shoemoney 9 Steven Costell

This seems dangerous and that you could get caught holding the bag on some items.

Shoemoney 10 Jackie

Is that even legal?

Shoemoney 11 Kylie

Good post. Thanks for sharing with us.

12 Jody Heath

I like this post for the main reason, it gives people a jumping off point. So many people have trouble wrapping their minds around the concept of making over 100K per month online. To have a venue to pull in a good $400 to 500 per day online through a little hard work while they’re getting their feet wet………nice share sir.

13 Webster Yang

Hey Jeremy
I have been doing affiliate marketing for years,the fastest way to make money online i know is to do media buying,you can earn 100,000 for a week,if you know how to do.

14 David Stein

I consider making 1 cent on Google Adsense a good day. I pour my heart into content but no one seems to care.
I publish interesting and provocative stuff.
David

15 vumien

I love this post. Really informative and useful for me, a newbie in online business. I am considering some of these plugins to improve my comment system. This article helps me so much. After reading your post, I think I have ideas. Thanks for sharing this post. Hope to read more helpful information from you. Great job!

16 faisal

Arbitrage doesn’t work anymore..

17 Umar Saeed

Thanks for sharing this nice information. I love the online business model. The online business model of finding products and reselling them is just awesome. Thanks for sharing.

18 Maciej Fita

I think there are lots of opportunities out there people just have a hard time putting their hands around the logistics of how to make the cash flow online. I would start by looking into your hobbies and pursuing something you have a passion for.

Previous post:

Next post: