A few of the things that I really love about WA are the fact that you can connect and get help very easily. I also enjoy using their SiteRubix platform, it is very easy to build websites and I come from a Joomla background and I most likely won’t be going back. It is too simple and feature rich to use the website builder and all of the extra tools that one with it.
I have found out that even when you actually leave Wealthy affiliate your account is never erased. Unlike other hosting companies when you cancel your subscription with them you are erased from the system. For some reason W A wants to show that it never actually loses members, but gives the impression that it is continually growing in membership. I can only assume that the majority of the members that are actually active are the hard core long time followers, and a large proportion of the membership is empty unused accounts that never get erased. At present W A boasts over 1.4 million members but what is the real membership number?
Online savings accounts usually come with substantially higher interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). Banks like CIT Bank and Discover Bank (among other top players in the industry) are great because their interest rates are often over 20 times higher than the national average. That means the money in your savings account will grow 20 times faster than the pace it’s most likely growing at now.
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
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There is no misinformation outlined in this step, but so much about the process of building an internet marketing site is left out. It’s not dishonest, but it is deceiving. Even if you progress through their free course, you’ll still only possess the basics of the basics. To have any hope of knowing what to do with your site you’ll absolutely have to go premium and be prepared to spend tons of hours learning and asking questions.
Tom, I think they’re business model is based upon luring in the non-internet-savvy desperate unemployed worker and the retiree. It is a shame that they’ve been able to continue extorting money from folks, but in time they’re pump and dump scheme will eventually be exhausted. More social proof of their racket will emerge on blogs and social media, and they’re ownership over the search results for ‘wealthy affiliate review’, ‘wealthy affiliate scam’, etc, etc…will begin to slip. As Google and search continues to mature and evolve, their dying business model will continue to erode.
It’s a very clever con: Tell all members that WA is the best way to make money online, tell them to tell the whole world that too, get them to all help each other in the hope of some kind of reward, and suppress any negativity. What you end up with then is a site that appears on first look to be the best thing that has ever happened to anyone wanting to make lots of money online, but which in reality turns out to be a big disappointment.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
This isn’t to scare you off. I simply want you to know that this guide is going to focus solely on ways to make real, sustainable extra income online. Not just a few bucks. I want to share all the mistakes I've made that got me to where I am now so that you don’t have to go through them, and can build a successful online source of income for yourself.
As you start regularly putting out content, you’ll hopefully start to build a bit of an audience. But to start seeing real money from YouTube you need to market your videos elsewhere. Share your channel on Twitter and Facebook. Distribute videos anywhere else you can think of. Also, interact with comments and build a community around the videos you’re making so people will share it with their friends.
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look att how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
For example, when I first started back in 2009, I learned from a service called Solo Build It. I knew absolutely nothing about building an online business, let alone what “affiliate marketing” even meant. However, they changed my life and taught me how to build money-making websites online, which is what I’ve been doing with my life ever since. This is another great service to consider and you can read my review of Solo Build It here.