Considering that you have a finite amount of time, passive income should make up a large part of your work. If you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income? Invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop.
If you have anything you want to sell, then EBay is the place you need to seriously consider doing it first. Personally I’m not a fan of the site because of the work it takes to build up a reputation. If you’re willing to grind through that process, you’ll be rewarded with many privileges – people have gotten rich selling books about how they got rich selling everything on EBay: Click here for a few tips from the pros.
One thought would be to dispute any credit card payments to WA you may have made where you feel they did not provide the service promised. I believe you may have up to 180 days to make a dispute. Your credit card company will handle the dispute on your behalf and make a determination. I’m not an expert or lawyer but you may be able to get the month’s payment back where they shut your promised services out. Just a thought. Good luck!
Yep, I agree with what Anusuya Choudhury said. Many people are looking for easy $$$$ and fall for the promise to make lots of money. But can you blame WA for that? They explicitly tell everywhere in the training that you have to work hard to achieve any success. The sky is a limit. And that limit is you. So, you don’t have to give a negative review just because someone did not hand you everything on the plate without hard work. You can’t just be so negative because your level of expertise is high and WA couldn’t give you what you were looking for. Support is amazing there. Not everyone is a tech like you. But they can start and learn from 0 on WA platform. Writers, cooks, motivational speakers – they all can surpass you and generate tones of money just following their passion. You are affiliate yourself. So, it doesn’t matter where you get your knowledge as long as it works for you.
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.
They are a very clever marketing company, and are everything they say they're not. Beware, and please read. They are smarter than most, which is why they have so many followers. They claim to have the key to training a person on how to successfully create their own lucrative work-from-home blog sites. They do claim to be a lot of work, require a lot of patience, blah blah swoon. You almost had me.
Wealthy Affiliate is also an excellent place for those who want to have everything they will need in one place. From market research tools to web building tools to domain registration, website hosting, website backups, site security, and much more, it’s all in one place. AND all of those tools come with complete step-by-step training videos as well as a support community that can help you if you’re having trouble. If you don’t want to pay 10 different companies for 10 different services you’ll need to run your business, sign up with Wealthy Affiliate to get it all in one place. Wealthy Affiliate literally provides absolutely everything you’ll need to succeed with your online business.
What’s the catch? None, really. Cash back apps act as affiliates for many online merchants, which means that whenever you make a purchase through one of the apps, they get a small commission — but then, they give you a portion of that commission as “cash back”. For example, if I buy a pair of Nike shoes through the Ebates app (or website) and spend $75, Ebates may get a $10 commission but then they’ll pass $7 back to me. It’s basically a way to get sale prices on stuff that isn’t on sale!
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.
If you’re an experienced nanny or babysitter, Care.com is the place you want to make money. By listing yourself on the Craigslist of Childcare, you’ll broaden your reach and increase your odds of finding the right gig at the right time. You can be pickier with what kids you watch when you have the reputation and traffic to pull in more customers. Join Care.com and start making money by investing in the future of our youth.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
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.
Many make claims to “keep digging”, your just a few blocks away and crap, and it’s enticing to see, but these days I steer away from the catchy dashboard headlines and money making attention articles that people post about. Not a minute after you mentioned Launch Jacking I had to look into it, and I read Jeff Lenney’s article. I actually can pin point a couple people who I can see doing this, and they are not the ones who have even tried out the product for themselves, or likely have an honest review, it’s just for the cash.
Some offers may have low commission or conversion rates: Not all affiliate offers were created equal. Some offers pay out more % per sale. Somer offers just don’t convert that well despite sending tons of traffic to them. It is important to pick a good offer that converts well & pays out high. Look for offers that are the most popular in your niche at clickbank.com, or look at other affiliates ranked on page 1 of Google within the niche and look at what type of offers they are promoting. Most likely those are the great offers to promote in the niche.
If you’ve got experience and expertise in a specific area of business, there are hundreds if not thousands of business owners who would love to jump on a phone call and pick your brain. This can be an easy way to make extra money online and to hone your skills to use in your consulting or freelance business. Sites like Clarity.fm let you create a profile where entrepreneurs and business owners can pre-pay to book a phone call with you for a set amount of time. Whether you’re an expert in raising money for startups, building apps, or running a restaurant, you can make extra money selling a few minutes of your time to people in need.
Professionally I have been a practicing primary health care provider for just about 30 years. The one thing I will not do as a WA member is review a healthcare-oriented website done by individuals who are not professionals. I recognize the knowledge I have acquired over 40 years is so ingrained in me I’d find it hard to sort out “common” knowledge from “trained” knowledge; hence, I believe my review of their websites would be unfair. Sort of like a judge who has personal knowledge of a matter, reclusing themselves from hearing a case. Now if someone asked me, in my professional status, to critique a healthcare website…that’s a horse of a different color. My educational background makes me very confident in my professional life BUT in the area of website development, not so much.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
It is going to take you weeks and weeks of online training, loads of content creation and endless tinkering before you’ll have a legitimate web presence. You may think your website is great and you’ll be proud of the fact that you did it yourself, but I’m telling you…to build a competitive and professional web presence requires a great deal of experience and/or resources.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.
Warrior Forum WSO’s – This is the only option on the list I will actually tell you to stay away from. Warrior Forum WSO’s are almost always a rip-off and no amount of them will adequately teach you how to truly build a real online business. This forum community is owned by Freelancer.com and they will allow just about anyone to sell just about anything. The majority of them are very cheap, but once you give them your email address, get ready to be spammed. They also almost always include “upsells” where the initial product may only cost a few bucks, but all the other products they sell you within the first product costs substantially more. I could write all day about why you should never purchase a Warrior Forum WSO, but if you want to learn more, you can read my article about Warrior Forum WSO’s here.
However…if you want to be a successful affiliate, don’t pick a broad and flooded vertical like ‘make money online’; instead, choose a niche you’re passionate about. This can be something you already know a lot about, or it can be a topic or product which you’d like to pursue. Either way, it has to be something you’re excited to work on and it has to offer value.
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.
If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
If you're interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period.
It’s sometimes hard to comprehend just how much people love t-shirts. And with the right niche, marketing, and tools, you can create an online t-shirt business that makes you extra money online while you sleep. (Even Bloomberg and Forbes feature stories from entrepreneurs who've done just that.) Services like TeeSpring make it easier than ever to create a t-shirt drop-shipping business where they handle the sales, printing, and shipping, and you’re only responsible for design and marketing. Or you can even buy into well-established franchise businesses like Rhea Lana that sell fashionable, affordable kids clothing and get the backing of a proven organization to fuel your online sales. For more tips, check out this simple guide to launching and marketing an online clothing store by my friends over at Selz.
Udemy.com – Udemy is an online training platform where “instructors” can create courses and sell them to “students”. There are some extremely high-quality courses on Udemy created by high-quality instructors who really have made a lot of money online, but there are a lot of very low-quality courses as well. Most of the higher quality courses are quite expensive, sometimes exceeding $100. While the training might be good, the training on Wealthy Affiliate is excellent as well, plus you get all the tools, community, and support included as well. Once again, I believe Wealthy Affiliate is the better option.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
This has become a popular business model for online entrepreneurs over the past several years, and will probably just continue to grow in popularity. The best thing about selling online courses is that once you do the up-front work in creating the course and setting up your marketing strategy, you can get paid over and over again for work you do once.
22. Advertising – This is definitely the most old-school way of earning money with a blog. It’s also starting to become the least common way. You can sell advertising spots directly on your site or you can sign up with a company like Google AdSense or Media.net. Either way, you won’t see a whole lot of money from ads until your views are well into the thousands each day.
Research selling prices of items similar to yours. Look up completed sales or current listings of items similar to yours. Find the high- and low-end prices, and price your object around the median price level. If you want your item to sell quickly, price it at the low end. The condition of the item also affects the price. Items in poorer condition should be priced at the lower end. Also, consider how many listings there already are of items similar to yours. If many similar items will be competing with yours, you may have to set the price lower to get the sale.
I have seen Amazon affiliate sites that were so poorly done they made nothing or maybe were lucky to earn $20 to $30 per month. And I have seen some that make well over $1000 per month. But if you speak with experienced Amazon affiliates they will tell you that the average is probably somewhere around $300 to $500 month, per site, which is why most of the pros have ten or more sites.
…But doesn’t being an affiliate for Wealthy Affiliate make me just another one of those affiliate marketers who is being biased and just trying to make a buck off of you? Well, ummmm…. Sort of! But at least I’m honest about it, right? I hope you give me a chance by continuing to read this Wealthy Affiliate review. I have no intention of making this one big sales pitch. I just want to provide you with the information and allow you to make your own decision. If I get a commission, great! If not, that’s ok too. Here’s a screenshot of my Wealthy Affiliate profile.