Active income requires your time and you can only produce as much money as your time allows. For example, a doctor or a lawyer who charge high per-hour or per-consultation fees and make exorbitant amounts of cash are stifled by the amount of time they have in a day. We all have the same 24 hours. Not one person on this earth gets more time than the next. It’s the greatest equalizer in life. When the time you work directly correlates to your income, it’s called active income.
Right now, I'm starting to reap the benefits of the kind of work that it takes to reach that level. When I started as a Freebie Trader, I literally worked every free minute (considering I also have a full-time job) specifically on Freebies to build up to where I was making $2,000 in pure profit per month. Right now, if I were to work an hour daily, I can easily make that much and beyond. However, my plan by the summer is to be making at least $10,000 in pure profit on a monthly basis. So I continue to work, but in a strategic way, with definite goals in mind, while educating myself to where I understand what it takes.
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.
One of the easiest and the most convenient ways to earn from home is to work as a virtual assistant. They are skilled professionals that offer various companies and entrepreneurs administrative support. Few of the tasks performed by them are making phone calls, responding to mails, editing, data entry, graphic designing, management of projects and so on. With this easy job you can earn enough and a handsome amount to bear your expenses.

If you are really short on cash and need some immediate funds then you should start by looking around your house. Clear out your cupboards and find any items lying around that you don’t need or haven’t used for a while. Then sell them on eBay. Just because they are gathering dust in your cupboards, doesn’t mean someone else won’t snap them up. Simply sign up with eBay, list your products and then, as they are sold, send them off to the buyers.

Ebates is my personal favorite way to make money buying things online that I already planned on buying. Here’s how it works: Shop online at your favorite stores through Ebates, check out, and receive a Big Fat Check in the mail. You can earn up to 6% back at your favorite stores including Kohls, Amazon, Macy’s, Nordstrom, Shutterfly, eBay and more.

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.


Mark Schaefer is the author of The Tao of Twitter, Born to Blog, and Return on Influence, which was named “an essential book” of 2012 by the American Library Association. He is a marketing faculty member at Rutgers University and his blog {grow} is among the top marketing blogs in the world. He specializes in social media strategy/training and clients include both start-ups and global brands such as IBM, AT&T, Johnson & Johnson, and the UK government.
That being said though, if you’re willing to step outside of your comfort zone, create value and work hard, there will always be a place for those type of people to succeed online. It’s often the people who want to make money online that approach it from a position of strength that ultimately succeed, trying to start a business out of a position of weakness and desperation is where I think a lot of people fail unfortunately.
Creating space for banner ads on your website is another way to generate a revenue from adverts. However for this type of advertising you will need to contact businesses directly and ask them if they would like to advertise on your website. The upside is that you can charge a set amount, or even a recurring monthly fee, to business to promote their services on your site. Using a WordPress plugin like AdSanity is an effective way to manage this type of advertising.
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.
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