Fair warning: my answer doesn't contain sexy "get rich quick" strategies or advice. In fact, I think that following these types of shiny objects wastes time, gets no results and can put you into significant debt.
What follows is pretty UNsexy advice that could have the side-effect of helping you create a REAL business that can support you for years to come.
So, the short answer to the question is: "it depends".
It depends on three things: what you sell, how you sell it, and how effectively your site converts visitors into "action-takers."
Try to sell the wrong thing, and/or sell it badly, then no matter how much traffic you have, you won't make money. (Obviously.)
So let's start with Step 1 -- what you sell.
If you're just getting started online and have no idea what to sell, then you have 2 paths open to you.
The unlucky people get sucked into the get-rich-quick" opportunities out there. The standard stuff you'll hear includes things like:
- Create a funnel and buy Facebook traffic
- Start a Facebook group and sell Tshirts
- Become an Instagram influencer
- Start a podcast
Avoid this stuff!
None of it is suitable for someone who's just getting started -- and they're appealing precisely because they're pitched as "shortcuts" to doing the actual work of building a business.
The fact is that they will ALL waste your time and put you into debt.
I know from bitter experience that it can all make perfect sense as you're listening to the sales pitch. If they can do it, then why not you, right?
What they're not telling you is: