Again, if your blog has a large reader base, then businesses may be interested in paying you to review their services or products. Not only will you get a free trial using whatever these businesses are selling, you will also get a fee for writing them a review and posting it to your site. Paid reviews (and other paid and sponsored content) can be big money, so advertise this service on your contact page to generate business.
Perry Belcher is an SEO expert, business marketing consultant, investor, importer, copywriter, Internet entrepreneur and Co Owner of Digital Marketer. It’s true, a lot of people might have similar labels. However, Perry is the guy who does all that and profits over $1MM from an ebook called “How To Start a Hot Dog Business” and has no problem spending 5x what competitors spend to acquire a customer. Perry specializes in all aspects of online marketing, all platforms available as a medium for creating offers and promotional messaging, and consistently has the most robust customer acquisition and follow up systems around. In fact, most of the other IM gurus use his strategies to enhance their businesses. Perry has countless examples of successful online businesses, which he casually refers to as his “portfolio companies” – too many to list. A few recently launched virtual businesses worth mentioning are DIYReady.com, SurvivalLife.com, and MakeUpTutorials.com. Belcher brings decades of startup company and investing experience, and an approach to Internet marketing that the experts can learn from. The following are ten vital factors in Perry Belcher’s mega-success with digital
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.
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.”
Teaching and tutoring English as a second language is a great way to make money online, not to mention open some doors for you to travel the world if you'd like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker and have the ability to teach, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to tutor them English via Skype. Check out Indeed, Learn4Good and Remote.co for remote english tutoring jobs or sign up on a specialized site like VerbalPlanet or Chegg Tutors.
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.
“That blog has a number of income streams. I initially monetized it with AdSense and Amazon affiliate promotions, but after a couple of years added other income streams including using other ad networks, selling ads directly to advertisers, affiliate promotions of other people’s photography eBooks, courses, and software and then creating my own eBooks to sell.
While employed at architecture firm in 2007, Pat Flynn noticed that no one in his department was taking advantage of Leadership in Energy and Environmental Design (LEED). The reason? The exam was extremely difficult to pass. Pat realized this opportunity and created a blog to help people study for the exam. Pat has since championed “passive income,” with 12 websites and an accumulated 100,000 email subscribers.
As far as my personal sex life goes, it’s surprisingly vanilla. But I do get into mind-fucking. I enjoy seeing how far I can push guys. I’ll try getting them to hold my purse or tie my shoes for me. And I’m almost always honest about what I do for a living -- even my mom knows and she’s fine with it; my dad doesn’t want to know. Guys usually assume that I’m easy, or tell me that they’re not into being financially dominated. Then they ruin first dates by asking me questions all night and thinking I will put them into bondage or something.
No matter if you start a blog, do freelancing or small separate gigs, social media always plays a crucial role. If you are freelancer you can use it to brand yourself or your blog and if you are making the extra bucks through small tasks and apps, most of them offer incentives if you share them with your friends. There’s another upside- if you manage to grow and develop your social network, you can even begin to get paid from companies to advertise their business on your personal profiles.
If you decide to go into affiliate marketing, understand that you will need a lot of very targeted traffic if you want to make any real money. Those affiliate offers also need to provide a high commission amount to you on each sale. You also need to ensure that the returns or chargebacks for those products or services are low. The last thing you want to do is to sell a product or service that provides very little value and gets returned often.
If you have experience as a personal assistant, secretary, admin assistant, or something in a similar field, then becoming an online PA may be a great role for you. Many professionals want someone to help organize their business and personal affairs. Jobs could include sending emails, managing financial affairs, booking flights and arranging day to day activities. If you are interested in this line of work there are many PA agencies that are crying out for reliable assistants.
Drop shipping is another great ‘hands-off’ way to sell products. Firstly you will need to find businesses that sell products in your niche that offer a drop shipping service. Then you will need to create a website promoting and selling the products. When you make a sale, you take the payment on your site and then the manufacturer ships the goods to the buyer. The profit comes from charging a higher rate than the manufacturer, and if you are selling a high number of products this can quickly add up to a healthy revenue.
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!
Great post on a subject that is so right on the money about the fallacies of starting an online business and nailing the how to steps it really takes. Well done, as always. I’m someone who absolutely falls into the category of knowing a lot of the tidbits of information out there on how to do put together an online business but has stuggled with the roadmap of proper steps to put it all together and make it work for me.
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.
Thats a very hard question because it all depends upon the person who is doing it. If you are a complete newbie & beginner, then you may need to research about all possible methods and act wisely. I suggest you that once if you have chosen any method, go and work for it with full force to see desired results. If you are quick and active, expect earning within few months.
But not all internet gurus are bad and some of them are honest. The difference between an internet guru and online business community, in terms of the price they ask for their product is substantial. The guru in most cases, will sell you $50 PDF guide. Membership fee however, to an online business community, in most cases will run somewhere or a little over $300/year. But it pays off in many ways!!
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.