6 Step Strategy on How To Make Money Online : Hello Friend’s , Today we will talk about the right strategy to start the online business. We will know the calculated risks and if I have to start an online business, what all strategies I will use. So on the basis of my experience, I will tell you my strategy for taking a calculated risk.

Don't quit an existing job. Whether it is studies or a full-time job, don't quit it for an online job. You have to take out some time side by side.

The second step is to do research in those ideas and projects you are interested in. You have to do 2-weeks research for 1-2 hours every day. So you have to study the researched and about the people who have worked on that field before. For example, you are interested in blogging, so you have to look through the people who are involved in blogging. You have to study on the time they took to start over, the efforts they put in, the previous knowledge they had. The previous experiences they had, the money invested by them and the workforce they had. The area they were situated, the background they had. The time is taken to earn a profit, the competition they are having. The changes they had to make, so all these things you need to within 2 weeks. So always do 2-week research on the topic  you are interested. 

For example, you are interested in blogging, digital marketing, freelancing or youtube. So these are the topics on which you have to do research for up to 2 weeks. Then I will do narrow down, I do not need to do all 4 things, I can focus on only one thing. So I will look on my knowledge and interest. I will look whether I can invest in it or not. For example, I liked the idea of developing an app, so I will look at the resources. If I don't have the knowledge of coding, so can I hire someone? if I hire someone it will cost  ₹1-2 lakh and I don't have that money so how will I hire. If I want to do marketing, so again it will cost  ₹1-2 lakh. So I drop that idea and I see what all things I can do with the resources I am having. You also have to narrow down your option such as youtube or blogging and catch anyone idea that you want.

Once you are able to narrow down, you can do its executions. For execution whenever you have to start you must have 7-30 days of free time. You must not start when you are having existing exams or job. You must always start when you are having free time. You are having vacations after your exams or in the job, you are having free time. You have to give a minimum of 8 hours in that work. You will develop a base in your work. The base is very important, whether you are  making home or business. So in these 30 days, your base will develop, So you will put in all your efforts to develop the base for blogging as to how you have to use hosting or templates , Themes and plugins you have to use and update. So every important task has to done within 30 days, it also includes doing a keyword research. So our third step is complete and we have set up the base. We released the app and set up the blogging, we set up the Shopify store and also complete the youtube channel setup. We put up basic videos on the channel and niches and completed the keyword research, so our third step is complete.

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The fourth step

that we moved onto our basic routines and jobs. Now every week we have to give 5-6 hours to your work. Whether you give 1 hour daily or 3 hours on Saturday  or Sunday. So you have to give 6 hours every week. Whether you are blogging, so you should continue writing articles. If you are making apps, so continue reading the reviews and continue doing modifications Continue reading about ads and keep making videos for your channel, you can make 2 videos within 6 hours Keep researching on drop shipping, keep learning about advertising. So you have to follow this for the next 6 months. 6 months is a long time but you have to do it because in the online 

business majority of them don't have quick results. Exceptions are always there Majority of them can take time People get trapped, who are those? They are the ones who don't know the time it will take They have the tendency to expect the results within 1 month. I will tell you from my experience and from every other person I have met. I am telling you from their experience too, that it will take time .You have to do this for at least 6 months So now your 6 months are over and you worked for 6 hours .You wrote articles, you learned from things, and then you started to progress step by step.

Now you have to take a gap. Whether it is for 7 days or 30 days, take minimum 7 days gap to re-strategy. You have to check your wrong traffic, the things that are working out or not. Whether it is up to your interests, or can you work in this field full time or not. So you will re-strategy for the next 6 months, as to what you have to do. You will do keyword research, you will outsource. You will do marketing and you will make your strategy again, so all these things will happen during this time. Now when you have actual data, as to what is working and what is not working, so it will be easy to make strategies.

is again the same as the fourth step, where you have to work for 6 hours and you have to invest your time  for the next  months. You have to learn, you have to create content and a minimum of 6 hours are required. You have to continue this process unless you are able to see growth in it. So you need to wait for the moment. No one knows, when it is, it can be for 1 month, 1 year or 5 years. So you have to wait for this moment along with the main job, as a side hustle.

Example: When PUBG came, it was a moment for gamers. There was a trend of youTube gamers, there were popular gaming blogs. Many people took advantage of that moment. So you have to wait for such moments. You have to be constant in your efforts, and definitely moments like that would come. So you have to wait and that is how things will work out. So this is my strategy Work for 6 months and re-strategize and wait for the moment and when that moment comes, you put all your focus on it. This is what I call calculated risk, where I haven't left anything. If you like these tell me your strategy in the comments below

Thank You