How to become a millionaire online from less developed countries? 10 bests ways discovered

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Do you live in less developed country and interested in becoming a millionaire online? You’re now in the right place

We have been in the same shoes like you, long time ago, we wanted to make money only but there was no enough information to help us start our journey made a lot of mistakes and we got to discover the best ways to become a millionaire online in the best way possible

By sticking to this article, you will learn all the best ways how people from less developed countries are making millions of money by performing small tasks and being paid latter in return

So what are the best ways to become a millionaire online while living in a less developed country?

Let’s get started

  1. Offering a service

Do you have any skill that you can offer on the market? This is an opportunity for individuals with digital skills

The best skills needed online include content writing, video editing, voice over, photography, image editing or graphic design

There are many online websites that will offer you an opportunity to bid for the existing jobs

You can these gigs from websites like Fiverr, Upwork, Flexjob etc

How can you get started?

You need to have your own portfolio of clients you have worked with, in case you have no portfolio,

We need to have a website or a blog where your show casing your skills online

As your portfolio grows, you will start cold pitching clients online

Having a website or blog is a great way to get started

By living in a less developed country you far advantaged because you have a low cost of living

You can bid for these jobs at a low price and beat those service providers from high cost of living countries

What services can you offer online?

  • Article writing
  • Video editing
  • Graphic designer
  • Image editing
  • Data entry
  • Voice over
  • Video production

Many people are willing to pay you online to perform all the above task

All you need is to have a portfolio

A portfolio is just a record of your past work

Assuming that you earn $3,000/month by offering a service

$3000=3000*3600 (Ugandan exchange rate)

          =shs10,080,000

Your already a multi-millionaire

  • Start a blog

Blogging is by far the best way to become a millionaire online while staying in a less developed country

What is a blog?

A blog is a website that is regularly updated with new content that is arranged in a chronological order

Blogging is a process of creating blogs

How does a blog make money?

There are many ways how a blog will make you money and they include:

  • Affiliate marketing
  • Advertising
  • Sponsorships
  • Memberships
  • Offering services
  • Ads

How much can you make from your blog?

You can make anyway from $0-$1,000,000/month, your earnings will depend on how much efforts and time you put into your blog

It only needs your commitment, perseverance and consistency

So let’s look at the above methods of making money from a blog

Affiliate marketing

Affiliate marketing refers to a process of promoting other people’s products to receive a commission whenever a sale is made

There are many products you can promote, all you need is to choose a niche

Remember you need to promote products that you have used and trust

How much can you make from affiliate marketing?

You can make anyway from $0-$100,000/month

There are many products you can promote online

We have compiled a list of over 1,000 affiliate programs to choose from

Example

Assuming you make $1,5000/month from affiliate marketing and convert it to your local currency

For example

I live in Uganda and our exchange rate is $1=shs 3600

$1,5000= 1,5000*3600

                   =shs 54,000,000

By earning shs 54,000,000 while living in less developed country, your already a millionaire

Advertising

Advertising refers to a way of allowing people to advertise their products or services on your website

How much can you make?

You can make anyway from $0-$100,000/month

You can choose to work with advertisers directly or work with premium ad networks

What are the best ad networks?

  • Google adsense-best for beginners
  • Monumetrics-best once you have over 10,000 views per month
  • Ezoic –best when you have over 10,000 views per month
  • Mediavine-best when you have over 50,000 sessions per month

How do these adnetworks pay?

Adnetworks pay per 1000 page views, you will be paid anyway from $0-$135 per 1000 views

This will depend on the type of niche your blog is about and the origin of your audience

Some niches like personal finance, health and fitness, online business pay higher compared to other niches

Also the origin of your audience, if your audience comes from USA, UK, Canada etc your cost per 1000 views will be high while if your audience comes from less developed countries for example India, your CPM will be very low

Why?

People from less developed countries are less likely to pay for goods and services

Can you become a millionaire by displaying ads on your blog?

Yes, even if you make $10,000 from ads, if you convert this money to your local currency

You will find that your already a millionaire

e.g I live in Uganda and our exchange rate is $1=UGshs 3600/=

so if we convert $10,000 to UGshs, it will be

$10,000=$10,000*3600

                   =UGshs 36,000,000/=

By earning only $10,000, am already a multi-millionaire while leaving in Uganda

Sponsorships

Sponsorships is where companies or individuals come to you requesting you to write about their product or service

Companies will pay anywhere from $50-$1,000 per post per month

Assuming that you receive $500 per post

$500=500*3600

          =shs 1,800,000

Your already a millionaire while leaving in Uganda earning $500 from sponsored posts

Creating online courses

Do you have any skill you can teach online? This is an opportunity for you

You can create and sell online courses on your website or course selling platforms like udemy, courser or skillshare

On your blog, teachable will help you to start offering online courses directly on your website

Assuming that your course costs $100 and you get 100 hundred students

You will earn $10,000/month and this is equivalent to UGshs 36,000,000/month

Your already a multi-millionaire by earning this amount while leaving in a less developed country

Now we have talked about how to become a millionaire online in a less developed country through blogging

But

How do you start a blog?

To start a blog, you need

  • Choose a niche
  • Choose your business name/ domain name
  • Purchase domain name and web hosting
  • Install wordpress
  • Customize your website
  • Install a theme
  • Install plugins
  • Create most relevant blog pages
  • Create content
  • Promote content
  • Monetize your traffic

To start your blog, we have created a complete tutorial to take your through a step by step guide towards start a successful blogging business

Lets continue with our post on how to become a millionaire online while living in less developed country

Lets go to the next point

  • Freelancing

Freelancing is one of the best ways to become a millionaire while leaving in less developed county

There are many freelancing work you can choose to do online and earn the same amount of money people leaving in developed countries earn

Freelancing jobs available include:

  • Article writing
  • Photography
  • Video production
  • Video editing
  • Voice over
  • Graphic design
  • Logo design

Etc

How much money can you make from freelancing?

You can make anyway from $0-$50,000/month, it all depends on how much time you put in creating content and getting client

In freelancing, you earn money whenever a task is completed and accepted by your clients

Assuming that you earn $1,

500/month from freelancing

$1500=1500*3600

          =UGshs 5,400,000/=

By earning shs 5,400,000/= your already a multi millionaire

  • Develop website, themes and plugins

Do you have coding skills? This is an opportunity for you to become a millionaire online

You don’t need to be from a office to start a website design company

Many small businesses are interested in going online but have no skills to help design their websites or blogs

There are many millionaires from India, Nigeria, South Africa and Kenya who have made millions of dollars online

You can also create and sell Word press themes and plugins to help add more functionality to their wordpress websites

Other best ways to become a millionaire online while living in a less developed country include:

  • Start a YouTube channel
  • Build an app
  • Offer consultancy service
  • Guest blogging

Conclusion

What are the best ways to become a millionaire online while leaving in a less developed country?

  1. Start a blog
  2. Offer a service
  3. Web design
  4. freelancing

So hopping that this article has added value to you towards becoming a millionaire online in less developed countries?

Feel free to share your opinion with us in the comments below

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