Successful people have a different approach. Instead of trying everything and “seeing what works,” they have a system — a step-by-step plan that guides them from finding their first profitable idea to figuring out what people need their services and getting paying clients. Everything else, from blogging to getting better business cards, is a time-waster they eliminate.
If you want a bedtime story, get a subscription to a short story magazine (“Asimov” and “Analog” for Science fiction, “Ellery Queen Mystery Magazine” and “Alfred Hitchcock Mystery Magazine” for nice murder mysteries/thrillers, “Cemetery Stories” for horror), and read short stories for when you want to relax your brain with some fiction. That way you enjoy beautiful stories with 1/10 of the time commitment.
On a related note, during my research I came across this great post over at Budget Blonde called The Truth About Side Hustling, which I thought was fantastic. I especially loved point #4 – you’re the only one who can force yourself to get started. For a long time, I thought there just weren’t any side hustles I could succeed at, and this past month I’ve realized that is definitely not true. Even more, researching this list led me to a new one scheme that I’m cooking up right now – so hopefully I’ll have some updates on that in a few weeks too.
The Mythbusting is much appreciated. It’s a gold rush out there. WWW might stand for wild wild west. This article frames up the challenges and reminds us that it’s the reality on the ground that gets us up the mountain. A similar myth is the one about writers and riches. I found a good article by an old fantasy novelist and reworked it into a post you might enjoy. http://ow.ly/a6pn3
When I saw the title “5 Harsh Realities of Making a Living Online” in my Google Reader I was very happy. I agree with you, not enough people talk about the fact that it’s NOT EASY. It takes a tremendous amount of time, effort and energy – and even then you are not guaranteed the results you want. It’s basically just as risky and time consuming as building a business in the “Real” world (i.e. not online.) For some reason, people think that being “online” makes it easier – but it doesn’t.
There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.
Since freelancing isn’t associated with a handful freelancing sites, it means you can be a freelancer without creating your profiles on those freelancing platforms. The purpose of those sites are to manage a profile as a portfolio, and if you choose the other way around, you could do it your way. However if you are going to start freelancing as your carrier then 15 Common Freelancing Mistakes Which are a ‘NO’ go for any Freelancer should be a must read for you.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
If you are a language expert or if you are someone who has a good and powerful command over a language and thinks that she can do well with the technicalities of it then it is the most suited job for you. Companies are always in search of translators to expand their reach and broaden their horizons and hence so, it is always a job of high demand. You have to put your skill to good use and do the needful as a translator. Not only this way you can earn but it will also help you improve your own skill.
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.
As a freshman at Indiana Wesleyan University, Ryan started a small internet business from his dorm room to help pay his tuition . . . and by the age of 20, he was earning a 6-figure income and other online ventures – all while continuing to study full time. Needless to say, Ryan’s “side business” allowed him to graduate debt free – with a nice chunk of change left over.
I thought you only support males. I used to admire you more than anyone else. I never had any male figure from whom I can learn so much. But I feel you are also pleasing women to gain more subscribers now. It’s your life but I am feeling betrayed that you are writing about women’s. In my office all the lower level jobs are with males( Cleaning, serving coffee, Security Guards,Etc) and females are in upper management( HR head, Admin head, Training manager etc). I am hurt after reading this article. Feminist are better atleast they change.
One part of this article I took with interest is where you mention an affiliate should try the product before making reviews to which makes a lot of sense however I have not found one bloody product that I have purchased online that I can give a favorable review off as most of these products where just shabby junk or the ones that did make a half grade with me had service where I would not get an answer back to my issues for at least 48 hours.
The harsh reality and truth is that in order to make substantial amounts of money online, you need to deliver real value. You need to contribute something meaningful to the world rather than looking for ways you’ll achieve instant wealth and riches. By no means does it happen overnight. And it doesn’t happen by signing up to some internet marketer’s “proven” system. It happens slowly and painfully over time.
Great list! Another suggestion would be transcribing. Transcribing really requires very little skill or capital to get started. You can sign up with companies like Elance and Odesk to find jobs OR reach straight out to producers of audio content to see if they need help. With the huge trend in podcasting a great place to start would be by perusing iTunes for podcast shows that may need help turning their audio podcast episodes into text for their website or “show notes.”
This is an interesting list Mel. I’ve been running my own side hustle for 5 years now (website marketing service). It’s been a very rewarding ride with both up’s and down’s. Learning how to build and run a business is an awesome experience…and doing it on the side is even better because you don’t have the same pressures as if it were your sole source of income!
Add a few plugins. WordPress is king in this area which is why I advocate starting out with them. There are plugins out there for pretty much anything you can think of website related but starting out you may just need WordPress Jetpack. As you blog more and network with other bloggers, then you’ll realize what they use and go through a trial and error period to see what works for you.
Neil Patel is the co-founder of Crazy Egg and Hello Bar. He helps companies like Amazon, NBC, GM, HP and Viacom grow their revenue. The Wall Street Journal calls him a top influencer on the web, Forbes says he is one of the top 10 online marketers, and Entrepreneur Magazine says he created one of the 100 most brilliant companies in the world. He was recognized as a top 100 entrepreneur under the age of 30 by President Obama and one of the top 100 entrepreneurs under the age of 35 by the United Nations. Neil has also been awarded Congressional Recognition from the United States House of Representatives.
In his bid to find a source of income, he looked through the finance section in the yellow pages and found a man called Mike. He met this man based on the fact that he had the biggest ad in that section and asked to work with him for free; in return, Mike would teach and mentor him on the secrets of business and finance. Surprisingly, Mike agreed and this was one of many steps he took to the good life he wanted.
If you’re willing to take on some risk and have the heart of a true hustler, you can make extra money online doing commission-only sales for startups and other businesses. While you won’t be getting a regular salary, with the right sales strategies and skills as an inside sales rep, you can make decent money for each sale you bring in. And because you’ll most likely be working with startups, if you can negotiate a little equity you could profit big time if you're pitching a solid product and the startup succeeds.
Fiverr: Israeli-based Fivver was started in 2010 by Shal Wininger and Micha Kaufam. It's a great resource for selling just about any service online. You can offer gigs as low as $5 but also get paid much more for upgrades and add-ons. There are plenty of providers earning 6 figures on Fiverr so it's definitely a worthwhile cause for generating a healthy income. Just ensure that you provide some serious value.