I remember talking to someone I met at a Toastmaster's event. She was making a typical $60,000/year from a corporate job. She spent over $10k buying info products, going to marketing seminars/conferences etc. The started a few projects that never got anywhere. She understood that she was buying the "dream". For her these products where entertainment.
This is a fantastic article and it really has given me help. I want to go to this thing in the summer called Creation Fest and it has music and speackers to celebrate God and it costs a lot! I was looking for help and I found this. $100+ seems easy at first but then your stuck when your my age. Thanks a whole bunch and I will probably come back again.
Have you ever written about earning cash through ebates.com? I love to spread the word, especially around the holidays before people make their holiday purchases online. For joining ebates you get a gift card (after you make your first online purchase through one of their links – super easy). Then you can use their coupons and get to your shopping sites through their links to earn cash back. If you refer people to their site you also get referral fees. Right now, if you refer 3 people you get $75.00. Bloggers tend to be able to get lots of referrals, so you can really rack up your referral bonuses! :) Check it out through my website link!
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
Become a super affiliate. Regular affiliate marketing is not as profitable as it used to be, but super affiliation (affiliates referring affiliates) is booming and people are getting rich from this thing. Make websites for affiliates, not for the regular customer. This is the ideal option for long term thinking people who would want to start their own affiliation blog or website.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What's more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Upwork, which makes this a high-demand opportunity to make money online.
If you are still doubting the legitimacy or think making a living online is a shady deal, take a look at our guide. We have listed all the ups and downsides of making money online, in order to give you a realistic overview of how things work. If you are interested in earning an income online, you can see how to start and which are the best tools to get you that extra cash.
Working as a freelancer is a great way to make money online from the comfort of your own home. The beauty of freelancing is that you can tailor it to suit your needs. You can freelance for a couple of hours a week in the evenings to help save up for a holiday or some much needed home improvements. Or carve out a full-time job for yourself, giving you a more satisfying work-life balance and enabling you to do the simpler things in life like taking the kids to school. With so many jobs available online, freelancing is becoming more and more popular.
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.
One thing I would mention is that one of my mentors told me recently that jumping from project to project is a terrible thing to do and will ensure that you aren’t able to dominate any one niche and make as much as you can. Focus is definitely needed if you are going to be successful online. Perfect one thing and then move on to the next – That’s what I would say.
However, not matter what method you choose to make money online, understand that you might be able to make some money fast, but for the sizable returns, you'll need significant sweat equity. However, a year from now, you'll be happy you started today. Remember, time is far more valuable than money. Focus on creating passive income streams that will free up your time so that you can quit the rat race and focus on the things that matter. That's the important thing here.
Excellent post, Jon. I agree with every word. In the 90s I ran a successful print ad agency out of my house. Made six figures a year for about a decade. Now I’m a regular working stiff who’s getting his toes wet online. No monetizing, but I’m building a framework for an online business that will hopefully take me into retirement! Thanks for the great advice. I’m passing this post on, believe me!
Whereas, freelancing is a bit different and thats why it is being said that ‘Freelancing is a serious business. Although, it requires communication skills and fluent English speaking but it may land you some incredible opportunities when you get a chance to communicate with foreign clients across the globe via social networks, freelancing sites or skype.
Before we go any further, let’s talk about the difference between active income and passive income. This distinction will be paramount to your ability to produce serious capital on the web. So what is passive income? Passive income, if you don’t already know, is income that’s earned automatically. It doesn’t require much maintenance once that income stream has been created. However, it does require an enormous amount of effort at the outset to establish that stream of income.
Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
If you seriously want to make money online, you need passive income. You need your income to come automatically so that you can use the precious little time you have to produce more streams of income that will pay you on autopilot. That’s the holy grail of income-producing activities. Now, it’s not easy to do, so I’m not going to sit here and try to insult your intellgience. It takes an enormous amount of effort and very little financial gains at the outset.
Before Sharpe ever came into close proximity with the internet marketing field, he was a construction worker. Needing a way to make ends meet, like millions of other people around the world, he turned to a field that could hopefully pay the bills. But try as he might, he was never able to actually get ahead. Until one day, when Sharpe discovered the amount of money being made online by internet marketers, his entire mindset changed.
Most people who want to make money on the side pick generic services that have lots of competition — general writing, fitness training, and computer repair for instance — then wonder why nobody notices them or buys from them. Meanwhile, other businesses are super-specific and deeply understand their clients and their problems. And they never have to worry about competition or lowering their prices.
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.
If you are not convinced yet then let me tell you that Freelancing is an emerging money-making trend. It could be a job if you take it as a part-time job, and once you’re up for a challenge, you might accept it as a full-time living. According to an estimate, there are 53 million Americans are freelancers and it will likely to grow as it is 34% of the overall workforce, which is expected to reach 50% by 2020.
Running and charging for webinars can be a great way to build a following in your niche, demonstrate that you are an expert in your field, and make a profit. Hosting a webinar can be hard work. They need to first be promoted, provide original and valuable information, and include interactive elements so your audience can ask questions and engage with your topic. However, once you have built up a large blog following, each webinar can be extremely profitable.
Brunson talks about this reverse engineering in his book called, Dot Com Secrets, a homage to the internet marketing industry, and quite possibly one of the best and most transparent books around in the field. Communication is what will bridge the divide between making no money and becoming a massive six or seven-figure earner. Be straight with people and learn to communicate effectively and understand every stage of the process and you'll prosper as an internet marketer.
That type of earth-shattering failure and pain really does a number on a person. Getting clean and overcoming those demons isn't as simple as people make it out to be. You need to have some serious deep-down reasons on why you must succeed at all costs. You have to be able to extricate yourself from the shackles of bad habits that have consumed you during your entire life. And that's precisely what Sharpe did.
Niche Sites: A niche site is a small site dedicated to a small market. For example: a website about how to kill ants. Pepper in some articles, pepper in some advertisements, pay attention to the SEO and the competition and watch a steady trickle of money come into your pocket. Niche sites are the bread and butter of internet marketers making a living from their websites. 10, 20, or 30 niche sites bringing in $100-$200 a month can bring you some real money. Niche sites can certainly make more than that per month – but they do take work.
Pleases count me in Leslie. I’ve been working on freebie trading, but looking at everything else that comes my way and I’ve come to the same conclusions you have – it is possible to make big bucks but nobody out there can do it for you – no matter what they promise. I’ve grown to admire guys like Yaro, for example, because he and his partner give what they promise – detailed how to info, but never promise you won’t have to work at learning and building. Looking forward to the journey with you – thank you for the invitation.
I’ve thought about the psychology of financial domination, and what drives guys to just give away money. Some feel like they earn money and don’t deserve it. They see themselves as inadequate and believe that somebody better than them should be taking it. It turns them on to not be in control of their finances; I’ve had people ask me to blackmail them, but I don’t do it -- I’d rather not wind up going to jail and have no interest in digging up dirt or pulling off extortion scams. Whatever the case, though, the more they give up, the hotter they get. They masturbate as they send me money. It’s like other guys looking for porn online. A guy watches his money shipping out and his horniness escalates. He sends the 10th tribute of $100, realizes that he has never before given $1,000 in a single session, and it makes him crazy. He gets into that submissive space where he just can’t control himself. It’s like any guy who gets super horny and is feeling instead of thinking.
So be wary. Ensure that you learn from the pros and don't get sucked into every offer that you see. Follow the reputable people online. It's easy to distinguish those that fill you with hype and those that are actually out there for your benefit. Look to add value along the way and you'll succeed. You might find it frustrating at the outset. Everyone does. But massive amounts of income await those that stick it out and see things through.
However, if you're looking for realistic ways you can start earning money online now, then it really truly does boil down to seven paths you can take towards profit. Some will provide you with immediate results, helping you to address your basic monthly necessities such as rent, utilities and groceries, while others have the potential to transform your life by revolutionizing your finances in the long term.
Using a food delivery service can’t necessarily earn you money, but it can help you save you money if you constantly find yourself throwing out half the food you buy. Food delivery services send a box of food every week with new, sometimes unique vegetables, meat, fruit, and so on. If you don’t have time to shop and want simple meal-prep that leads to a good meal, a food subscription service may be perfect for you.
However, people can still do webinars without all of that. For example, you might have a sizable social media following and you train them every week on something to do with social media. But you will need a product to embed and sell at some point. Don't worry about it in the beginning. And by far, the best webinar platform out there is certainly GoToWebinar. Hands down, there isn't even another platform that comes close.