Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I've personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can't afford or that you're not yet ready to implement.
Glad to come across your block, I ‘m impressed by the content. I am still a beginner in IM industry. I ‘m trying to get more understanding about WA before I really feel confident enough to join. I. have some questions about WA . I’ll appreciate very much if you can spare sometime to provide me with the answers. These questions may look funny to an IM expert, but they are really questions to me and need to be clarifiedbefore I do anything further.
It’s an information product website and you could scream blue murder until the cows come home that’s all you get and nothing more as there are no value service packages available otherwise rumbling through a series of “How To” videos other than that the Wealthy Affiliate system really does nothing for you and that insane price of $49.00 a month!!! what’s up with that??!!
Set reasonable expectations for earnings. You've only invested $20. You're going to make 5 percent on most products. That means that you need to sell $400 worth of stuff to make back your investment. You get credit for purchases customers make while at Amazon besides just the product you linked to, so it's not as hard as it may sound. It won't make you rich, but it's not hard to be profitable, and the income builds over time.
Promoting WA is a tired and oversaturated niche. They have funneled users into this niche to further their own SEO and to turn their customers into their marketing team, but I believe WA’s best days are far behind them. The lessons they provide are alright, but the tools they give you to work with are pretty bad. For example, there is no way you can use their hosting platform and WordPress installer to set up a successful site. There may be sites which are doing well on their platform, but they were built 6-8 years ago and are well indexed by now. Removing this from the equation significantly lessens the value of their membership.
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
This is one of those businesses where the time you spend is directly related to how much you earn. It typically takes about 1 or 2 hours to create an Amazon affiliate website or blog. One website or blog can earn anywhere from $10 to a few hundred dollars, or even $1000 or more per month. The key to making more money is to have more than one website. Some of the largest professional Amazon affiliates –the ones who make a six-figure income, have dozens of these sites. But the average guy or gal like us probably has anywhere from three to ten.
If you have a business, you want to get listed on Yelp! You may not use the software, but some people do, and they use it religiously (and I don’t mean they’ll kill you over it). By listing your business on Yelp!, you’re putting yourself on the map. From here, you also need to start using Yelp! Write reviews of places you go. It’ll be worth it in the long run.
When was the last time you went to a new restaurant without looking it up online beforehand? Or bought a product that didn’t have at least a few 5-star reviews? It seems like more and more our world is run on reviews. And you can make money online by writing them. Get started by creating accounts on sites like Vindale research, Software Judge, FameBit, CrowdTap, Influence Central, and Modern Mom. However, before you run off and start writing, be sure to check the small print on each of these sites. Writing reviews isn’t a huge source of guaranteed income and you want to make sure that it’s worth your time before you get going.
Hi Tony! Great Review! I love the reverse Psychology you use in relaying your message. Your flair for writing and keeping my attention should be commended–great job! I am fascinated with WA and it has changed my life! Not only do I see myself as an entrepreneur now, but I am living as one! Great insight into an awesome platform! Continued success to you!
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service and refunds. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. It is hard work, especially on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.