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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.
So, I started reading and learning about affiliate marketing and blogging. I combined the two and after a 14-15 months of really hard work (sitting in front of computer for 14-6 hours a day and putting things I had learned, into action (building a blog, writing articles, promoting the site, etc), I started making enough money that I started believing in myself and the idea that I too could make a full time income online. From then on, I just kept on going and the income grew and grew. Now, I still work 8-10 a day on my online business, and sometimes even more. You have to constantly work and maintain it. Most people think because its online, its easy. That’s where they get it wrong.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
