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.
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Survey Junkie, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.
The figure is actually a lot lower if you go by SiteSell’s statistics. According to them, WA is hosting approximately 17,000 active websites. And if we take into consideration that many members have several websites, we start to see how low the true figure really is. There’s probably just a few thousand active members at most. Rather pathetic for something that’s been going since 2005, don’t you think?
Saw another “great tip” as a response to the same member from a guy who claims to rank very highly in the search engines. Apparently he does all his SEO work at around 3am when everyone else is sleeping. Just the image in my mind of him sneakily switching on his computer in order not to wake the rest of the world was enough to make me spill my sherbet all over the desk.
The lessons can be useful to those just starting out, but I think that their service attracts a lot of misled buyers because of how easy they make it all seem. Sure, you could make some money in affiliate marketing if you follow their training and tutorials and put in an ungodly amount of work. I’m sure of this, but . . . most people who arrive at Wealthy Affiliate will be lucky if they make enough money to pay for their membership.
25. Products – You can create your own product, such as an ebook or computer software. You would then use your blog as a promotion tool to get people to buy your product. As long as you create a legitimate product with a whole lot of value, you should be able to get some buyers, but like everything else with a blog, you’ll need the traffic to get the sells.
This is the bait-and-switch that Wealthy Affiliate pulls on new members. It is called WEALTHY Affiliate, wealthy being a synonym of RICH. So, everyone who signs up is indeed hoping to be shown how to make a lot of money, then they get told: sorry, don’t expect to get rich any time soon. It’s kind of like signing up to Weight Watchers and then being told, “It’s going to take you ages to lose weight. You’ll probably stay overweight for a long time. But since you’re here, why don’t you pass the time by chatting to the other overweight people.”