If you’re young and have an entrepreneurial mindset, you’ve probably tried to find ways to make money online.
If so, you’ve likely come across a lot of “get-rich-quick” schemes only to find out later they’re scams.
Perhaps you’ve stumbled across one of the more popular so-called ‘money-making’ platforms called Viral Pay.
Viral Pay claims “you can make $500 today”, but they don’t really explain how. Needless to say, you’ve probably questioned the validity of this program.
So, let’s go over whether Viral Pay is a scam and how it works. We’re also going to give you three alternative ways to make some bank online!
Is Viral Pay Legit?
The short answer is that viral pay is a scam.
Viral Pay claims that you can make $500 the day you sign up. However, they don’t explain how this is possible.
Their business model is “We accommodate all your traffic, and we monetize it for you” followed by a simple “Our tools allow you to reach anyone and everyone”.
Where is this “traffic” coming from? Are they assuming you have a blog or large social media page? If so, why do they claim anyone can sign up and make $500?
The only logical way they claim you can make money is by referring other people to their platform. For each person you refer, you supposedly make $25. It almost sounds like a pyramid scheme, doesn’t it?
Well, that’s because it is a pyramid scheme.
However, the only difference between a standard pyramid scheme and Viral Pay is your average pyramid scheme will pay you to refer other people.
According to online reviews, Viral Pay doesn’t pay its users. Many users who reportedly earned money using their platform were not paid. When questioned, they claim you’ve committed “fraud” and immediately ban you from the platform.
In addition, nobody knows who owns Viral Pay. You would assume this self-proclaimed million-dollar company with millions of users would have an owner, and instead, you can’t find a single name connected to the business.
So, to summarize, Viral Pay is a scam, and you should avoid it at all costs!
Legitimate Ways to Make Money Online
Although you may feel discouraged by the viral pay scam, there are plenty of legitimate ways to make money online. Let’s go over a few of the most effective ways to make money online!
Become a Transcriptionist
A great way to make money online is by becoming a transcriptionist. The average base pay for a transcriber is $15.16 – well above the national U.S. minimum wage.
The great thing about becoming a transcriptionist is you don’t need any special skills or certifications. That means, just about anyone can become a transcriptionist!
The job entails converting voice recordings to written documents. The most common fields seeking transcribers are medical and legal.
Of course, there are ways to increase your chances of getting hired as a transcriptionist. Some of the best resources include:
- Taking online transcription courses
- Purchasing a fast PC
- Watching YouTube videos discussing how to improve your transcribing skills
All in all, becoming a transcriptionist can be a very lucrative job. Top earners make as much as $28 per hour!
Sell Products on Amazon
Amazon has quickly become the largest e-commerce business in the world. Why not hop on the train?
Although it may seem complex, the business model is simpler than you think. Find in-demand products at a low cost and resell them on Amazon.
Many people do this by purchasing products from Alibaba, AliExpress, or other wholesale marketplaces. You can usually get products cheap through these sources – allowing you high-profit margins!
Selling on Amazon does require a learning curve, and you’ll probably need to invest some time and money into YouTube videos and online courses. However, it’ll be well worth the investment once you’re making 5, 6, or even 7 figures!
Start a Blog
Starting a blog is a great way to make passive income. Believe it or not, many bloggers make six figures per year with just one or two blogs.
The great thing about blogging is you can monetize your blog in so many different ways. Some of the most common methods include:
- Affiliate marketing (Amazon Associates, ShareASale, ClickBank)
- Ad providers (Google AdSense, Ezoic, Mediavine)
- Selling courses and E-Books
- Selling guest posts and link insertions to other blogs
Furthermore, starting a blog is easier than you think. Of course, the first step is to pick a niche. Some examples of niches include woodworking, gardening, gaming, fashion, cooking, etc.
From there, you’ll need to build a website. You can build one quickly through WordPress. Just sign up for WordPress, purchase a domain, and choose a pre-built template. You will need to be careful to use a theme or template that fits your objectives.
Thereafter, you’ll need to post content regularly. Most experts suggest posting at least one article per week.
Of course, there are several important topics you’ll need to learn about to find success through blogging. Some of these topics include keyword research, Search Engine Optimization (SEO), article writing, and email marketing.
There’s plenty of great courses that can walk you through the blogging process, step-by-step. Some of the best courses available include Project 24, Authority Hacker, and The Affiliate Lab.
How Can I Start Making Money Online?
Although it’s a real challenge with all the scams out there such as Viral Pay, there are plenty of legitimate ways of making money online.
Some of the easiest ways to make money online include becoming a transcriptionist, selling products on Amazon, and starting a blog.
Keep in mind, you’re not going to start making money right off the bat. It takes a lot of time/money, learning, and trial & error.
But, with the right amount of discipline and dedication, you can make a living online!
We hope you found value in this article. If so, be sure to check out our guide on finding the perfect business for you!