How to Become a Millionaire Online with Little or No Money

Internet millionaires are dime a dozen these days. And I’m not joking either. We see internet millionaires left, right and center. If you do not know someone personally who made a million dollar from the internet, you must know someone who knows someone that made a million dollar from the internet. 

 How many YouTubers are out there who made a million dollar from their YouTube channel?  

How many social media influencers are out there that are making millions every year?  

How many online outsourcing companies out there are making millions in revenue each year? 

Being a YouTuber and making millions is every child’s dream. I asked my seven year old son what he wanted to be. You know what he told me? He wanted to be a YouTuber. Seven year old kid wants to be a YouTuber and make millions. While YouTube works for some, it is not practical to think that everyone starting a YouTube channel will have that type of followings and will make millions. On this article, we will go over some proven and time tested methods of becoming an online millionaire. Just read on.  

How to Become a Millionaire Starting a YouTube Channel 

I will tell you right off the bat that YouTube is not for everyone. There is no secret recipe that you can use to make millions from YouTube. Yes, there are tens of thousands of people out there who are making millions from YouTube every year, they are natural in doing what they do. They are creative and came up with ideas that just became hit.  

Let’s face the reality. While it is possible to make a million dollar from YouTube and become a millionaire, it takes certain set of skills to achieve that. There is no one size fits all formula that you can take and imply to get there.  

If you have certain level of creativity and think that will attract followers and views, you can explore that option. Best way to figure out whether you can make a million dollar from YouTube yourself or not is to explore other people’s channels. See what kind of content they are creating, how many subscribers they have, when did they start the channel, how long it took them to be a millionaire, how many videos they upload per week, how long are the videos, etc. Once you get all the data, you start making plan accordingly. If you think the specific set of skills you have is demanding and there are people doing well with the type of content you wish to create, you can give it a go.  

If you have a unique set of skills and if there is no one on entire YouTube producing that type of content, then you must start immediately. It is the unique content that goes viral quickly and gains the most subscribers quickly. Copycat channels will grow as well as long as the content is better than all others or at least similar.  

If you are pursuing YouTube to make your how to become a millionaire with no money dream, then there are few things you need to know. You need good content or good quality videos. There is no need for 3k or 4k videos, full HD videos work just fine. You need to shoot from proper angles and your editing will need to be top notch. No matter how good you are in doing what you do, if the videos are not attractive enough to keep people watching for the full length of time, you will not get anywhere. Just watch other people’s channel that are successful and have millions of subscribers. See how they produce their videos, how is their camera angles, how they switch angles and move from one angle to another, etc.  

Not just shooting angles and high quality video is important, editing is vital to your success There are plenty of free video editing programs out there that you can start off. If you need to upgrade, you can use paid versions. In my view, for YouTube video editing, you will never need a paid video editing program. A free video editing program will have enough options for you to suit your video editing needs.  

In a nutshell, research other channels, start shooting videos and be highly skilled in video editing. Once you do that, you need to upload the videos. Make sure your title and description along with your keywords are properly optimized. This is the way your videos will be found when searched. If you are still reading and think this if or you, you must give it a go. You don’t know until you try. Having a dream of how to become a millionaire is not enough. You need to make a plan and have enough motivation to chase that dream. Dream of being a millionaire is the beginning. It is your plan, action and motivation that will get you there.  

How to Become a Millionaire Being a Social Media Influencer 

If you can be a social media influencer, then you are guaranteed to become a millionaire in a very short period of time.  

Social media influencers are those people whom millions follow. Millions of people subscribe to their channels or follow them on Facebook or Instagram. Moment a new content or post is added, people start storming to their posts like there is no tomorrow. If you can establish yourself as one of those social media influencers, your how to become a millionaire with no money or how can I become a millionaire dream is sure to be fulfilled.  

Just do some research on social media influencers and see who are the people that are shaking the social media. Study their channel, profile or pages carefully and in great length. See what they are doing and try to get a feel as to how they are doing it. Once you have some ideas about what works, you start your own campaign of being a social media influencer.  

How to Become a Millionaire Starting an Outsourcing Company 

While the above two options of becoming a millionaire are not for everyone due to requirement of certain creativity, becoming a millionaire with an outsourcing company is for all to grab.  

You can be a millionaire with no money using this method. You just start as a freelancer that requires no money. If you know a trade or have a skill in the IT industry, you can sell yourself online. Some of these skills are being a programmer, web or app developer, graphic designer, graphics editor, network administrator, consultant in various industries, human resource, and many more.  

Not just IT related work is being outsourced or freelanced; certain business activities are also being outsourced. If you have one of those skills, all the best. If not, just learn a trade that is demanding and start freelancing. Once you understand the market and know how to acquire clients from freelance job boards and other places, you can start your own company. You can become a millionaire with no money by starting as a freelancer working from home. Then slowly grow your business and hire offshore freelancers to work for you. You will be your way to become a millionaire.  

How to Become a Millionaire Doing Affiliate Marketing 

Successful affiliate marketers are not just made a million, they are making millions each year using affiliate marketing. Affiliate marketing was there a decade ago, it is here now as well. This is a sure shot way of making million dollars online. this method is for pretty much everyone, older or younger. If you are wondering how to become a millionaire by 30, this is for your as well.  

We are not going over in greater details on this method as we have a dedicated article on this topic. You can find the article following the link here.  

You will either need PPC advertising or SEO to promote your affiliate products so follow these two links and read these articles as well.  

How Can I Become a Millionaire with an eCommerce Store 

Physical shopping going to supermarkets, electronics store and malls are so yesterday. eCommerce is today and tomorrow.  

This is a sure shot way of becoming a millionaire. If you are wondering about huge investment needs for starting an eCommerce shop, just know that you can start with practically nothing. You can be a millionaire with no money running your own eCommerce shop.  

How to do it? Noone is going to give you millions of dollars worth of products for your store for free, right? In a sense, you are right. However, there are ways. This actually falls within affiliate marketing if you want to become a millionaire with no money running an ecommerce shop. There are ready made ecommerce affiliate sites you can run. Just sign up for one of those affiliate eCommerce shops and you will be owning your entire ecommerce shop in minutes.  

All the products in the affiliate ecommerce shop will be stored in the merchant warehouse and will be drop shipped. All you do is to generate the sale. Billing, shipping, customer services are all handled by the merchant. You will however need either search engine optimization or pay per click marketing or both to promote your ecommerce site in order to generate sales. SEO can be done for free or cheap if you know how to do it. PPC campaign will cost you some money but you can start small with ten to twenty dollar a day. Once you start making some money, you can scale up to generate more sales and revenue.  

If you have the money to invest to start your own ecommerce shop, then by all means let’s get going.  

Learn from the Experts to Become a Millionaire 

There are professional trainers or coaches who teach people how to become a millionaire. Cost for attending these trainer programs or seminars vary widely. You just do some research on those programs and seminars if you are serious about becoming a millionaire. These people have done it and they can help you achieve your goal as well.  

Be careful though. There are frauds and crooks everywhere. If you select the wrong coach, only people that will be a millionaire is the coach, not you or any other participants of their programs.