First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
If you don’t like to write, do not sign up for Wealthy Affiliate. The business model that Wealthy Affiliate teaches revolves around producing lots of great content to attract website visitors from search engines. This means, as you build your business, you’ll be writing just about every day, just like I do on this very blog you’re reading. I’ve already written almost 4,000 words in this one post alone, and it’s not even close to being finished yet. Affiliate marketing takes work, and if you are unable or unwilling to write a TON of content, don’t even consider getting into this. Being a writer will end up being your main job.
You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort.
Now most affiliate programs have strict terms and conditions on how the lead is to be generated. There are also certain methods that are outright banned, such as installing adware or spyware that redirect all search queries for a product to an affiliate's page. Some affiliate marketing programs go as far as to lay out how a product or service is to be discussed in the content before an affiliate link can be validated.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Wealthy Affiliate has existed since 2005, so they’ve been around for a long time. However, they have never once increased their price, even though every year they add new features. Wealthy Affiliate has never been as helpful or advanced as it is today, and the “help and be helped” community has never been bigger. If you’ve been putting off joining Wealthy Affiliate, now is the absolute best time to join the community.
Elance offers a wide array of technical, data entry, accounting, and other freelance and temp gigs. If you’re just looking for something short and sweet, log in, input and showcase your marketable skills, and begin searching through their job database, using any parameters you desire. Once you submit a bid, you’ll receive an acceptance or denial – you may get a few rejections, but don’t sweat it. Negotiate the terms of your bid, and get to work. You have money to make.
Now, it’s time to start creating and uploading content. Make sure you’re using a high-enough quality camera (most smartphones will work but I’d suggest at least having a tripod so your footage isn’t shaky), but don’t worry about being perfect at first. The beauty of YouTube is that you can continue to test out different content and styles as you find what works for you. Instead, stick to a regular schedule to build up your subscriber base.
Kanayo, You made the smart decision. IM is incredibly labor intensive and if you can’t conceivably devote the time and energy required, it’s not worth pursuing. I arrived at a similar conclusion once my agency business grew to a point where I had to choose one path or the other. For me, as it was for you, the choice was easy. At the end of the day, I feel much more fulfilled when I’m helping others rather than simply making money.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
I then stumbled across WA, and thought hey maybe I’ll do this. But it seems to me that it might be better simply just to set up a wordpress blog and go from there. If I do want to start IM I can learn SEO all over the net. I saw that on WA you have to be a premium member to get comments on your wordpress sites however I am very sure if I set up my own WP blog I can get a plugin of some sort to have comments.
The learning something new that someone brought up, but it’s a lot to pay for, and most of these people don’t validate anything-oh they made money? Wow, is it consistent, did you work hard at it, promote something other than WA and bait and switch people and what not. Those are behind the scenes, and even if some people have had success, it’s through WA boot camp, and they spend forever doing it. I’m sticking around for more comments to post/pages and a couple other things, but yeah I though about that already. Only time will tell right?
Anyway, I’m thankful that I didn’t spend too much time on creating sites there and that I didn’t put any significant content before deciding to leave. I will now peruse some free training and then try two courses that are a bit pricey but seem more useful, The Authority Site System (from the Authority Hacker site), and SEO Affiliate Domination. I’m just starting to read the SEO Affiliate Domination free crash course, and as far as Authority Hacker is concerned, I can say that I got far more useful information in their free webinar alone that in all five WA courses combined. I first learned about these courses on Jeremy Harrison’s Hustle Life site. (He also says that WA is good but not great.) If anyone has tried the two aforementioned courses, I’d like to hear about it.
I canceled my Premium Membership now after 1 year. Today I wanted to sign in as a free member, but they give me no access. Only 2 Websites which I have paid for, I can transfer this in the next 30 days… But unfortunately, I will get the EPP Code for 1 website on my email address which is a host on WA. I wrote now Kyle and hope that he will send me the code or give me 1-day access to my Email Hosts there. That is very strange what they do. But I think I have to subscribe for 1 Month to get this 🙁
I started a blog which I plan to monetize only through affiliate marketing and my own products, no ads. I’ve been working on building an audience for my blog, for about 1 year and a half, many people think is maybe too much time, but I just want to make sure that I build enough trust with my readers before I start to try to make them buy something.
Affiliates discussed the issues in Internet forums and began to organize their efforts. They believed that the best way to address the problem was to discourage merchants from advertising via adware. Merchants that were either indifferent to or supportive of adware were exposed by affiliates, thus damaging those merchants' reputations and tarnishing their affiliate marketing efforts. Many affiliates either terminated the use of such merchants or switched to a competitor's affiliate program. Eventually, affiliate networks were also forced by merchants and affiliates to take a stand and ban certain adware publishers from their network. The result was Code of Conduct by Commission Junction/beFree and Performics, LinkShare's Anti-Predatory Advertising Addendum, and ShareASale's complete ban of software applications as a medium for affiliates to promote advertiser offers. Regardless of the progress made, adware continues to be an issue, as demonstrated by the class action lawsuit against ValueClick and its daughter company Commission Junction filed on April 20, 2007.
Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.
I joined WA and it was really helpful in the beginning because I was new to Affiliate Marketing. I haven’t given up on affiliate marketing, and I am currently learning how to piece together my own resources that seem more up to date. This has given me piece of mind and I feel this will provide more stability. I do see a lot of people promoting WA by comparing them to other similar programs. Craig’s review is very refreshing and spot on. Thank you Craig.
The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.
This is a very good question, but it may be better answered if I used it as a new post topic. I need to get back into some sort of routine here anyway, and I am not going to renew my WA membership when it expires tomorrow. I still it can a decent value, but if anyone is really serious about trying to do something in IM, I feel there are better options.
Affiliate marketing has now invaded Hollywood? We know it invaded US politics in Washington as some politicians (current and retired) are silent affiliate marketers or in MLM. Maybe we can look forward to hearing in the next few years about more celebrities going from actors and actresses to home-based affiliate marketers. Wouldn’t that be something?
I don't promote WA and the training pushed me in a direction to promote something else. The idea is that you can create a business online working withing a category that you have passion in. For me that is woodworking, but for others this is likely soemthing completely different. There are lots of directions you can head. People that say that the training is all about promoting the same company obviously have not gone through the training. I didn't get a sense of that.