How you can become a billionaire in one year in 7 steps

Becoming a billionaire seems like a great goal, but unfortunately it's only a dream for most of us. The thing is, many billionaires didn't start out as such. Some certainly had economic and educational advantages, but even without those, their smart decisions and business choices, plus a few characteristics that can't be overlooked, led them from Point A to Point B (Billionaire). So, what can we learn about our own real-life options for becoming billionaires? (More than 70 years after his death, this man remains one of the great figures of Wall Street. See J.D. Rockefeller: From Oil Baron To Billionaire.)
First things first: find a way to make money. Four of the most oft-methods of money making in the world of billionaires are inventing, investing, innovating and being an entrepreneur, but remember that how you pursue your billions is just as important as what you do to get them.

TUTORIAL: Starting A Small Business Tutorial
Do This: Invent
Inventing is a tough road to take, but if you've got the smarts to successfully create, patent, produce and market a product that people need (and thus, will buy in droves), you can build your future billionaire life on it. Successful inventions aren't necessarily complicated or high-tech items, either; James Dyson invented a better vacuum cleaner, and Gianfranco Zaccai invented a better mop, the Swiffer. Seems like things that help people clean more efficiently might be a good market to pursue.

Do This: Innovate
Innovation is the fine art of considering a current mainstream market and finding a creative way to improve the current offering. Successful innovators will identify the real needs behind customer demands, and will meet them with a smarter, better, more efficient product, or with a service that provides more than its competitors, or with a business that works in a way just different enough to stand out from the rest. IKEA founder is a great example of innovation leading to billions; furniture doesn't seem like a very exciting market, but his approach of providing modular, economical pieces with a modern flair from Sweden and other European designers and manufacturers to a global market has taken him all the way.

How to become an online Billionaire in one year

Making money online: The Internet billionaires

Completing online surveys for money is a great way to earn a supplemental income, but it probably won't make you into a billionaire. Earning such sums on the Internet takes backbreaking and innovative work - not to mention some pretty impeccable timing and luck.
There are still quite a few billionaires that have almost exclusively earned their income from work on the Web. You've probably heard of a few of the websites they've invented, too.
Larry Page and Sergey Brin - net worth: $17.5 billion apiece 
​The two highest-earning people on the Internet just so happen to be partners, according to BBC News. No surprises here - they're the co-founders of the search engine behemoth Google. Brin was a PH.D. student and tour guide in the Stanford University computer science department when he met Page - who was taking a tour - in 1995, Bio noted. The two wouldn't hit it off immediately, but in five years they would leave the school behind and become Internet billionaires. Whether they rode the wave of the dot-com bubble or not, they're the minds responsible for making a search engine into one of the most recognizable company names worldwide. Feel free to Google that if you don't agree.
Jeff Bezos - net worth: $12.3 billion
Right behind the Google founders is the person who founded Amazon.com in his garage in Seattle - Jeff Bezos. He had already become a successful businessman before ever thinking up Amazon. According to Entrepreneur, he was the youngest vice president at D.E. Shaw & Co. - an investment banker on Wall Street. All signs say he was already making a comfortable six-figure salary, so why quit? Probably because he had a multi-billion-dollar idea brewing. Bezos was inspired to become an Internet retailer while surfing the Web back in 1994. He left his job, packed up his life, moved to Seattle and started selling books out of his garage using the World Wide Web. Years later, Amazon.com would become one of the world's largest retailers ever.

Mark Zuckerberg - net worth: $4 billion
Odds are you've heard the name Mark Zuckerberg before. He's the social media genius responsible for Facebook, and he's no stranger to the big screen or or frequent news coverage. "The Social Network" popularized his climb from Harvard undergraduate computer whiz to billionaire social media website creator. Today, he's one of the world's youngest billionaires, and he has his savvy Internet expertise and social media vision to thanks. Some may say he was especially talented because there was already big competition from other sites, like MySpace and Friendster. Nonetheless, Zuckerberg catapulted Facebook into worldwide success. According to a Washington Post article from October 2014, the amount of active users on Facebook reached roughly 1.35 billion - nearly equal to the population of China.
You may not have a billion-dollar idea to earn money online yet, but remember that there are plenty of other ways to make some extra cash on the Web.

How Much Traffic Do You Need To Make $100,000 With Google AdSense

Is it really possible to make $100,000 a year from Google AdSense (or by selling ads on your website/blog)? If so, then the real question is how much traffic do you really need to make big bucks with Google AdSense?

While it’s true that we can’t predict the Google AdSense income exactly, we can optimize the ads in different ways so as to make the most out of it.

Also, you must make sure that your website category is advertising friendly because your AdSense income depends a lot upon the category of your website. You can use Google AdWords Keyword Planner tool to find out the competition in your industry.

If there is enough competition (i.e. if the suggested bid by AdWords for keywords in your niche is high) then we can assume that Google will fill your ad spaces with high paying ads (see how AdSense works).

For example, if you Google search “loans” then you’ll see a lot of ads so it means that if you have a blog related to personal finance then there will be enough competition for your ad space.

Now I’ve randomly added few keywords to Keyword Planner to find out its suggested bid by AdWords. Here they are:

As you can see, the competition for keywords related to “finance” is very high compared to keywords related to “food”. Of course, the suggested bid is just an estimate and the real cost-per-click varies a lot.

But still, even if it’s $5 then it means a lot. Why? It’s because the cost per click to advertise on Google is very high compared to cost per click on Google Display Network. So if an advertiser is paying $0.50/click on Google then he may be paying only $0.10/click on Google Display Network.

How Much Traffic Do You Need To Make Money With AdSense

Let’s say you want to make $100,000 a year from Google AdSense and/or Google AdSense alternatives.

So, you have to create either: 274 pages that earn $1 a day OR 548 pages that earn 50 cents a day OR 1,096 pages that earn 25 cents a day (which sounds reasonable, right?). Let’s say you have 1,096 high quality blog posts and you earn $0.25 per click from AdSense.

I have analyzed the traffic and AdSense stats (using Google Image Search) of several websites including my own blogs and websites.

From my analysis, I found that the average Page CTR is around 1% (or it’s something that we can achieve easily). But it really depends upon your niche, web site design and other factors.

In fact I have achieved a Page CTR of over 20% in 2007 for a niche website and was making $100+ a day from Google AdSense alone.

Let’s assume that you have a Page CTR of 1% and your average CPC is $0.25 (I believe it’s quite an achievable target unless your keywords have no advertiser competition – e.g. a recipe blog).

Some of the top paying AdSense niches are Finance, Internet Marketing, Technology, Web Hosting, Internet & Computers, Software, Health etc. and some of the lowest paying AdSense niches are Entertainment, Arts, Movies, Celebrity Gossips, News blog, Jokes, Wallpapers, Quotes, Recipes, Photo blogs etc.

As mentioned earlier $100,000 a year means you have to earn $274 a day. If your average CPC is $0.25 then you need 100,000/0.25 = 400,000 clicks a year (or approximately 1,000 clicks a day) to earn $100,000 a year from Google AdSense. Assuming that your Page CTR is 1% you need approximately 100,000 page views a day.

Now, let’s say your “Bounce Rate” (it is the estimated percentage of visits to your website that consist of a single page view) is 100%. It means that you need 100,000 unique visitors a day itself to generate 100,000 page views a day.

In a nutshell, you need 100,000 visitors a day to make $100,000 a year from Google AdSense alone (with a CTR of 1% and CPC of $0.25).

 A page view is what Google counts in your reports every time a user views a page displaying Google ads. We will count one page view regardless of the number of ads displayed on that page.

For example, if you have a page displaying three ad units and it is viewed twice, you will generate two page views.

For standard content ads, Google counts a click when a user clicks on an ad.

For link units, Google counts a click when a user clicks on an ad on the page of ads, after selecting a link in the link unit.

The Page Click Through Rate (CTR) is the number of ad clicks divided by the number of impressions or page views that you have received.

Cost Per Click (CPC)

 The Cost Per Click (CPC) is the amount you earn each time a user clicks on your ad. The CPC for any ad is determined by the advertiser; some advertisers may be willing to pay more per click than others, depending on what they’re advertising.

 Page Revenue Per Thousand Impressions (Page RPM)

Page Revenue Per Thousand Impressions (RPM) is calculated by dividing your estimated earnings by the number of page views you received, then multiplying by 1000.

Page RPM = (Estimated Earnings / Number of Page Views) * 1,000

 For example, if you earned an estimated $0.15 from 25 page views, then your page RPM would equal ($0.15 / 25) * 1000, or $6.00.

But you are not using AdSense alone to monetize your website, right? You can make more money by selling direct banner ads, in-text ads, CPM ads, sponsored links, affiliate marketing, etc.

So let’s say you’re selling direct banner ads and is also selling CPM advertising which is again an effective way to monetize your website.

What are CPM ads?

 CPM (Cost Per Mille) stands for Cost Per 1,000 Impressions. CPM networks pays for every 1,000 impressions you generate. If a CPM ad network is paying you $1 CPM then it means that they’re paying you $1 for every 1,000 page views you generate.

CPM Network earnings totally depend upon your traffic quality but you can expect anywhere between $1 – $3 per 1,000 impressions. So, if you generate 100,000 page views a day then you can make $100 – $300 a day from CPM Networks. Again, you can earn $100 – $300 (or maybe even more) a day by selling banner ads directly to advertisers.

Now, you can split the traffic into three as you’re earning $300 each from 3 advertising networks. It means that you need 100,000/3=33,333 unique visitors a day (with a bounce rate of 100%) to make approximately $274/day.

Again, if you have an authority blog then your bounce rate will never be 100%. In that case you can expect an average page view of 1.5 per user. It means that 50% of your visitors exit from the landing page and others visit more than one page on your website.

All in all, you need approximately 20,000 visitors a day to generate 30,000+ page views and it can earn $274 a day which translates to $100,000 a year in advertising revenues.

Need a little more help reaching that $100,000/year goal? Add commissions from Affiliate Programs as well into the equation and you can hit that $100,000 goal with much less traffic.

In fact, in 2008 I was averaging $200+ a day from less than 200 daily unique visitors with affiliate marketing. It was possible because when it comes to affiliate marketing it’s all about traffic quality and not traffic quantity.

How to Make Money Online With Google AdSense

What is Google AdSense?

AdSense is one of the most convenient ways to make additional money from your website.
All you do is copy some code into your site to display the ads, and you earn every time someone clicks. You may also earn from impressions in some cases.
All this is derived from a program they call AdWords (pay per click marketing).
You often see these ads displayed above the free/organic results and along the right side of the page on Google.com.
These are called Sponsored Results, and the advertisers are paying a certain amount of money per click for these ads.
AdSense is your revenue share from AdWords ads. When someone clicks, you earn roughly 68% of the click and Google gets the rest.
AdSense is an auction-based system that allows advertisers to compete for those spots. Whomever has the highest bid and most "quality" ad, gets the top spot and so forth.
It's a great program that can help drive additional income to your website, and it's really best for websites that are mainly content driven.
The more content you have, the more Google can get a sense for what your site is about and better match the ads to your website.
Please make sure you read this entire article. AdSense is not a get-rich-quick scheme and it takes a lot of work to make money. Don't think that just because you join, you are guaranteed to make big money.
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How Much Can You Earn With AdSense?

The commission you receive per click depends on how much advertisers are paying Google for the particular ad. You will earn a share of that amount.  I've heard of earnings anywhere from 2 cents to $15 per click.
Getting over $1 is probably very rare, although it does happen from time to time. However, you will find that most of your earnings will be on the lower end of the spectrum.
It's important to note that I cannot estimate how much you will earn based on your traffic. People always want to know what the average amount is per click.
No one knows the answer to this except Google, so don't let anyone try to tell you any different. It would be impossible for myself or any AdSense publisher to give this information because the ads all cost different prices and we have no idea what advertisers are paying.
However, there are some niches that obviously pay more. So it is logical to believe that keyword phrases like sex, make money, etc. may earn you more per click since these are highly competitive keywords that are searched for quite a bit on

The more competitive the search term, the more the advertisers pay and the more you earn as a publisher.
Even though Google will not reveal how much you are earning for each ad that is clicked from your site, you can still login to your account at any time and see the total amount of revenue you've generated that day, week, month, year, etc.
For example, if you see that you've made $12.60 today from 9 clicks then you can calculate that your average click-thru commission was $1.40 per click.  That's as detailed as their stats will get.  Also remember, that's only an average.  You won't know how much each specific ad brought in.
The amount you'll earn also depends largely on the amount of targeted traffic you receive to your own site, how well the ads match your audience's interests, the placement of the ads on your pages, and of course the amount you receive per click.
Ideally, you should create a site on a topic you know a lot about.  That way you'll have a much easier time creating a generous amount of content on that subject.