Hey! Today I want to share a personal detail. I'm going to tell you my favorite way of making money online.

There are A LOT of ways to make money online. That's no secret. Online courses, physical products, selling on Amazon, etc. — all these methods have their own unique twists that can make you a fortune and have you living the life of your dreams.

But none of them are my favorite.

There is one online business model that stands out above the rest, in my opinion. Ready to find out WHAT my favorite way to make money online is, and WHY I think it's the best?

Watch the video below:

(Click here to watch on YouTube)

Do you want to know how you can build an online business from scratch? CLICK HERE to sign up for my free Affiliate Marketing Mastery MasterClass! PLUS, you'll get my Affiliate Marketing Mastery Blueprint ebook FREE when you register.

Affiliate marketing is my favorite way of making money online.

I love nothing more than sharing products I've gotten benefit from, personally. Bringing you value is a great joy in my life and seeing you gain from the same things I gain from in my life is something that can only be done with affiliate marketing.

Why is affiliate marketing my favorite?

There are a few reasons. First, I don't have to create the product or service myself. It can take weeks and even a few months to create a new course. That means a lot of time and money researching, designing, developing, and everything else to make sure your product is high quality.

Plus you're spending all that time and there's still a lot of risks involved because you're not sure how well the product will do. You can do all the market research you want, but you'll never know until your product is live.

With affiliate marketing, you're not doing any of that labor. You know the product works and sells because you use it and bought it yourself! Take out as much guesswork as possible.

Second, I'm always trying to improve myself and grow my health, mindset, and business. When I benefit from something I naturally have an inclination to share it with people. I get so excited that I'm benefitting, I want to share it with you.

With affiliate marketing, I can create a commission without it costing anything extra for the customer! It's a win-win-win.

Let me explain what I mean by that.

In affiliate marketing, the customer gets the same benefit I am getting through purchasing the product. Win. The selling company gets a new customer and someone enjoying their product. Win. I get a commission by sharing the product and selling it with my affiliate link. Win.

Add it all up and you get a win-win-win!

Third, it's EASY to get started with affiliate marketing. You can join an affiliate program, get an affiliate link and share it with people. That's it!

The link tracks that the sale was referred by you. The process is automated so everyone can benefit immediately.

How am I making money online with affiliate marketing?

There are a few ways of making sure you are a successful affiliate marketer.

My favorite way of doing affiliate marketing is by creating a better offer for my audience. Since my audience is so great I want to give them an amazing discount on the product, a coupon code, etc. Something that's even better than the price they see on a sales page. Reach out to the company's affiliate program and see if that's available for you to offer.

Another way to have success in affiliate marketing is to see how can I add more value than is already provided. Can I create a free bonus that complements what people are buying? A great example is what I do with the Amazing Selling Machine. Their course is already the best out there, and then I add $15,000 worth of bonuses on top of everything to make the offer irresistible.

The key to success in business is adding more value than everyone else. When you serve others first your needs are taken care of in the process.

Finally, affiliate marketing is a great way to diversify and build multiple streams of income. You want to build a parthenon of income streams, not a one-legged stool. Affiliate marketing will get you there.

That's the key to affiliate marketing. And that's why it's my favorite way to make money online.

The main skill is to get traffic. That means creating content on Facebook, YouTube, a blog, a podcast etc. There are many ways to attract people. Pick a few and go deep with it. There are courses and training available to teach you how to do that. Once it clicks, there is no telling how far you will go.

I prefer content marketing — creating quality content for free and, again, creating massive value for people. That's why I have my blog and YouTube channel, and it's a big part of why they're so successful.

It's about building trust. Build a friendship with your audience. That way when you recommend something they're more likely to buy it from you.

I go into more depth with all of this in the video above. I also answered a bunch of questions that came in from the audience watching my live video today. Watch it to learn how to build your brand, if it's too late to start Kindle publishing, how an introvert can build a business and much more!

Do you want to know how you can build an online business from scratch? CLICK HERE to sign up for my free Affiliate Marketing Mastery MasterClass! PLUS, you'll get my Affiliate Marketing Mastery Blueprint ebook FREE when you register.

Do I have to put myself out there to make money online? This is a question that one of my followers, named Linda recently asked me. My answer is no, but…

Yes, there are many ways to make money online that don’t require that you put yourself out there. However, being the face of your brand gives you a huge competitive advantage, and it allows you to achieve success a lot faster.

Are you ready to learn ways that you can make money online, that won’t require you to be in the spotlight or compromise your privacy?

In the words of Jim Rohn, “If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse.

Watch the video below:

(Click here to watch on YouTube)

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Do you want to learn how you can master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

The emergence of social media has transformed the way in which we connect with one another. Transparency is at an all-time high. Today, more than ever before, people are openly sharing their stories with the world.

A fascinating study by New York Times’ Consumer Insight Group revealed the motivations that social media participants cited for sharing information. These include a desire to reveal valuable content to others, to define themselves, to grow and nourish relationships, and to get the word out about brands that they like or support.

Platforms, like video and social media, have become the vehicle that make it possible for people to put themselves out there, and it’s working. Why? A new study from Pew Research claims that 62 percent of people get their news from social media, with 18 percent doing so very often.

If you are still thinking to yourself, “Do I have to put myself out there to make money online,” keep in mind that there are other “behind the scenes” things that you can do. It all depends on what your end goal is.

If you just want to play it safe and make some money online, then there are things that you can do that won’t compromise your privacy.

For example, you could launch an Amazon FBA business, start a Kindle publishing business, become a blogger, or you could even partner with someone who has a desire to be the face of your brand and you could work behind the scenes.

Will you have as much success if you decide to not be the face of your brand? Probably not.

Take my girlfriend, Tatiana, as an example. She started selling physical products on Amazon, and achieved some success doing so, but it wasn’t until she became the face of her brand and starting promoting herself on Youtube and social media, that her business really exploded.

If you want to build a million dollar brand and take your life to the next level, you need to be the face of it.

Why is it so important to be the face of your brand? Neuroscience research suggests that products or brands that we value activate the reward system of the brain. The intensity of the brain’s response appears to be related to the value we think the product will deliver.

This has been one of the reasons why I have achieved so much success in my business.

You don’t have to put yourself out there, however, if you have a desire to create financial freedom, I suggest that you do so. It all starts and ends with you! Are you ready to take a leap of faith and create a thriving online business?

Do you want to learn how you can master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

Hey everyone! Stefan here again. Today I'm taking some of your best questions and turning them into a YouTube Q&A about how you can start, grow, & scale your YouTube channel.

Whether you want to start a YouTube channel or you already have a YouTube channel and you want to expand it, I promise this Q&A is for you. I cover all the bases.

This video is a follow up from another video I created surrounding how I make $9,000 per month on YouTube. It's one of the many messages I share with the world that has changed my life and hopefully can change yours as well. Check out that video if you haven't already!

There have been a lot of GREAT questions sent from people all around the world in the comments on that video, so I answer as many as possible in the video below. I can't answer them all, but I can answer the ones that benefit the most amount of people.

Check out the video below to learn more!

Watch the video below:

(Click here to watch on YouTube)

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Do you have more questions? I've got your answers! CLICK HERE to learn more about Affiliate Marketing Mastery!

As I mentioned, I wasn't able to answer everyone's questions in this video, but I did answer as many as I could. Below are some highlights.

Question: How do I find profitable YouTube niches?

There are two possible methods to finding a YouTube niche. Number one would be finding a niche that you want to build your business around. Every good YouTube niche has high demand on not only YouTube, but online in general. By that I mean people are searching for information to solve problems on your niche.

Often you can simply conduct some research and see which niches are popular. If you have an idea that comes to mind, search for it! Also keep this is mind — you want competition. COMPETITION IS GOOD.

A lot of people are afraid of competition. Competition is your friend in the online business world. The more competition, the bigger indicator that there is demand in your niche. If there is no competition, there probably isn't much money to be made in your niche.

Competition also gives you the opportunity for collaboration, and collaboration will allow you to scale your online business. When you partner with other YouTube channels with a following, you can share followers and cross-promote as a money-making strategy.

It's actually very easy to rank on YouTube as opposed to Google and other search engines. If you search for “Amazon” on YouTube you'll actually see I have three videos ranking high, which I'm very proud of. If you were to conduct the same search on Google, the same thing would never happen. YouTube gives you a chance to rank for things you can't rank for anywhere else.

Once you find your niche, you can also look at monetization options to make your niche profitable. That could be YouTube ads, affiliate marketing, physical products, information products, or apps and software. Make sure there is potential there to make money.

In any business, you need to make money to sustain the message. I wouldn't be able to do what I do if I didn't make money. That way I'm able to invest back into my business and continue bringing my message to you.

The best way to do all these things? Get into a niche that you enjoy. If you love what you're doing it's going to be very easy for you to continue to create content in the beginning, which is the most important time to create content.

Want more advice on how to start, grow, and scale your YouTube channel? I answered questions for 73 MINUTES in the video above! Check it out and see if I answered yours.

Do you have more questions? I've got your answers! CLICK HERE to learn more about Affiliate Marketing Mastery!

Welcome to Online Business Q&A with Stefan and Tatiana!

My girlfriend and I wanted to take some time to answer questions that you have with regards to starting an online business.

Tatiana is living proof that you can start an online business and achieve massive success.  Follow her on YouTube.  She has  products that women will love.

Are you ready to build a 7-figure online business?  If I did it, so can you.

My course, Affiliate Marketing Mastery, is a step-by-step, video training program that teaches you proven methods for how you can build a brand and make money online with affiliate marketing.

Watch the video below:

(Click here to watch on YouTube)

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Are you ready to learn how to build a 7-figure online brand? CLICK HERE to get started with my Affiliate Marketing Mastery course!

Below are our answers to some of your burning questions:

What is the first step to setting up a successful ecommerce business?

There are two different approaches with these business models. Anybody can launch a product on Amazon. That is the easy part.

The hard part is being able to market and sell that product.

The approach that I took before I even sold anything online was building my brand, ProjectLifeMastery.

You need to identify what niche or market that you want to build your business in, and then set up the branding for that business.

Once you’ve attracted an audience and you are getting traffic, then you can start to monetize with ecommerce.

The better path to take is building a brand first. Once you do so, you can figure out what your audience wants, and then selling your product will be easy.

By building a brand, you can sell your products on different platforms. People resonate with a brand, and they end up buying products from people that they like.

The great thing about social media is that you can interact with people all over the world.

Building trust and relationships with people amplifies the success that you can obtain in a short period of time.

Can you define Affiliate Marketing?

Affiliate Marketing is the process of earning a commission by promoting someone else’s product or service.

You can join an affiliate program with any product.

For example, Amazon has an affiliate program called, Amazon Associates, where Amazon will pay you a commission for promoting their products.

Amazon will give you an affiliate link, and when people click on that link and buy a product from them, you will receive a commission.

There are so many affiliate networks. Most products have affiliate programs that you can join.

It’s a great way to make money because you don’t have to create the product and everything that is associated with selling the product online.

You simply send traffic to a certain product through your affiliate link.

Affiliate Marketing is a win for everybody.

The company gets a customer, you get to share a quality product that is going to help people, and the customer benefits from a great product that helps them in some way.

What is your experience as a new affiliate marketer?

Affiliate marketing is low-cost, whereas setting up an Amazon business is not. A lot of people find Amazon FBA challenging if they are looking to make money right away.

It takes about a year to profit from the business.   It requires commitment. You’ve got to build it to an asset, so that you can then take a cash flow from it in order to pay yourself.

With affiliate marketing, there is no cost involved, except for setting up your blog, website and email list.

Everything is pure profit in terms of commissions.

With any physical product there will be costs.  Keep in mind that you don’t have to sell your own physical product on Amazon; you can be an affiliate for someone else’s product on Amazon.

If I don’t have a strong social media following, what is the best way to approach affiliate marketing?

Nobody starts with a strong social media presence.  You need to build it up over time.

Create content, build a following, get traffic, optimize, and then start doing affiliate marketing.

There are certain strategies that can help you accelerate your online brand and social media presence.

Social media platforms like, Facebook, YouTube, Twitter, and Instagram are free.

There is always some investment of time and money that you need to make in any business. Invest in your business and grow it so that you can eventually make money.

Do you have to do YouTube to be a successful affiliate marketer?

You don’t have to do YouTube. It is one platform amongst many. The most important thing is that you are getting traffic; it doesn’t matter where you get it.

YouTube is great because it’s live. There is more engagement because people can see you. However, writing articles is great too. You could also do a podcast on iTunes.

In my AMM course, I teach about all the different social media platforms. Why not utilize all of them?

Don’t build a business that only depends on one platform. Ultimately, you want to build your own website, blog, and email list.

This will allow you to remain on top, regardless of changes that occur online.

Which is better, Shopify or Amazon FBA?

You can sell ecommerce on both sites, but on Shopify, you have to drive your own traffic.

With Amazon, you can tap into millions of fans and subscribers. Amazon is the #1 retailer in the world. I think that Amazon is a better way to start if you have a new product.

It is more challenging to get sales using Shopify. However, make sure that you diversify over time, and use multiple selling platforms.

How would you market an online business that sells courses?

Using the different platforms that are available – blogging, YouTube, Facebook, Instagram, Periscope, etc.

They all have different strategies that you can utilize in order to attract people, via Facebook ads, creating content and publishing it on Instagram, SEO-optimizing a blog, etc.

What are the benefits of having a virtual assistant versus a face-to-face personal assistant? Which do you prefer?

I have both, but the benefits of virtual assistants are that you can hire people inexpensively.

One of the great things about running an online business is that you can automate things inexpensively.

There may be limited talent in the city that you live in. Whereas, when you hire virtually, there may be more options available to you.

Virtual assistants have changed my business. They have allowed me to scale and automate it.  My business would not be where it is today without them.

You need to work smarter, get help, and move away from repetitive tasks because your time is worth more.

You need to work on your business, not in it.

Would you suggest that I focus on one business or build multiple businesses and spend less time on each one?

Focus on one business. Building multiple businesses is hard. A lot of people think that Kindle, Amazon, blogging and YouTube are all separate businesses, but they are not.

They all complement each other. Go at it from different angels and grow one business so that it becomes profitable over the long-term.

How do you approach selling on Facebook?

Facebook rewards people for frequency and consistency. The more frequent you are, the more that they will give you reach and rank you a lot better.

Keep in mind that, with Facebook, you have limited reach because they want you to buy Facebook ads.

Should I focus my blog on one topic, or should I use multiple topics?

If you are selling a product, find your niche, and stick with that. Don’t talk about different things that don’t focus on your niche.

Add value to your customers related to the category that you are selling. When you have different products, it can get confusing for people.

What would you say to someone that has struggled to make progress and feels down about it?

You need to realize that you aren’t down about the progress, but rather, you are down about not meeting a certain expectation that you set for yourself.

So many people are attached to the result, instead of focusing on the process. There is a learning curve to anything.

The initial stages are going to be challenging. This is where a lot of people give up.

You need to realise that you are making progress, but maybe you aren’t acknowledging your progress. If you master the process, you will get the result.

It’s important to make sure that you master your emotions; your reaction is so important.

Nothing has a meaning except the meaning that you give it. Oftentimes failures are blessings in disguise.

How many e-books should I create to make $10,000/month of passive income?

It’s not about how many books you write. Rather, what matters is how you are marketing the product.

One book can make you $10,000/month. Always try to find a way to increase the amount of money that you make from a minimum amount of investment.

Increase the value of one book. Create a paperback, an audiobook, build an email list, etc.  Make one product that will stand the test of time.

Why should I promote my website on Facebook if I don’t have followers?

Get traffic first. Focus on attraction before promotion. Once you add value to people, then you can promote your website or blog.

I hope our online business Q&A has helped shed some light on how to get started building an online business.

Financial freedom is yours for the taking! Work hard, commit, be consistent, and never give up on your passion.

If it's both terrifying and amazing, than you should definitely pursue it.