How can you earn by becoming an influencer on Instagram?

How can you earn by becoming an influencer on Instagram? I also use Instagram and manage the account engineering_shoutouts_, which has 174k followers.

Therefore, I would like to make it clear that regardless of your identity, Instagram will never pay you.Therefore, if you are a blogger or influencer, you must adhere to these guidelines:
1.First, get more followers.
2.Choose an interest area.
3.Choose your target audience.
4.Make good use of high-quality images and captions.
5.Use distinct hashtags for each post.
6.Include the address in every post.
7.Tag the brands you use in your picture and include them in your post.
8.First, expand your network.

Following all of this, follow these steps to earn money:

1.In order to collaborate, begin sending appropriate, formal emails to the brands.
2.Start working together with brands and local businesses.
3.Deal with your crowd, likes and remarks which builds your regard and notoriety on instagram.

4.After gaining 60–70k Instagram followers and establishing a name for yourself, you can begin receiving compensation from businesses and brands for featuring their products or advertising on your account.
After establishing your account, it will function as a passive income and you can earn a lot of money from Instagram. *It will take approximately one to two years*

You must first set up your account and business if you want to make money as an influencer:

1.You must have a loyal following.The first metric you need is the number of followers.
2.A high engagement rate, or relationship with your followers, is necessary.
3.The section.Which people do you follow?What are their requirements?What will they think about purchasing following your mention or recommendation?
4.You must register for tax purposes in some countries. If you are satisfied with these three (+1) points, you can proceed.

You presently need to find brands ready to pay you to advance their items.How then do you locate brands?

• You can search and make your own proposal.You can find companies in your target market by using Instagram, Google, and LinkedIn. • You can include your contact information in your description so that people can get in touch with you (this is obvious, but believe me, many influencers didn’t do this basic step).You will also be able to sell or trade “shoutouts” with other influencers; you will be able to join marketplaces like Fiverr or Upwork, which are mostly for freelancers; and Revenzer, which is only for influencers.This option may not require you to apply for tax registration because the transaction is handled by the marketplace rather than you directly, but you should discuss it with your accountant. Additionally, you can notify agencies that you are available for this kind of service