Getting a handle on your finances is an important aspect of living a financially free life. Most often, the emphasis is usually on cutting back expenses in order to make ends meet, but what if I told you there was another way? Yes, cutting back on expenses is a great place to start. But, adding more money to your bottom line will not only give you the financial freedom you seek, it will also allow you the freedom to maintain your current lifestyle. The following are 15 creative ways to make extra money:
Another reason why you should consider making money online is that it’s extremely flexible. You can work remotely- you don’t have to be anywhere specific; no offices, no annoying bosses or coworkers. You become a one-man corporation and the only focus is on what you want to achieve and you can work as hard as you like. Of course, with this comes the big responsibility of managing your extra income and ensuring that you will earn enough.
While many people attempt to understand and wrap their minds around the internet marketing industry as a whole, there are others out there that have truly mastered the field. Now, if you're asking yourself what the term internet marketing actually means, it simply boils down to a number of marketing activities that can be done online. This includes things like affiliate marketing, email marketing, social media marketing, blogging, paid marketing, search engine optimization and so on.
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.
And this is the rub: Does the success of MyGirlFund tell us something rather profound about how society's changed? Stefan Patrick says yes: "You've hit on a very interesting point that I think deserves more discussion. One trend we've noticed is that young women who grew up on the internet are comfortable carrying on virtual relationships with strangers. They're pros at sexting and don't mind sharing racy photos of themselves, but they have never worked — and will never work — at a strip club, a webcam site, or in the adult film industry.
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.
No matter what method you end up using to generate an income on the web, you need to adjust your mindset to help empower you rather than discourage you. The truth? Making money online can be fraught with avoidable pitfalls. There's no shortage to the rah-rah cheers of internet marketers looking to find ways to ensure they part you from your hard-earned cash. The trick? Cancel the noise and get to the real meat and potatoes, so to speak.
I actually just wrote my own blog post about this very idea. People think SEO is free, and while it’s true that you don’t have to invest in any software if you don’t want to (there are plenty of free tools available), you have to remember how many hours it takes to create a successful SEO campaign. Just optimizing your site can take several weeks. Link building could easily be 15-20 hours a month, a few hours a week is devoted to just straight writing (never mind promoting your content). You have to manage all your social profiles, build relationships with other bloggers and so forth. There are a lot of tasks that take up a lot of time each day and time = money!
Most people need to take a step back and understand where money is even coming from on the web. Sharpe says that, when asked, most individuals don't actually even know how money is being made on a high level. How does Facebook generate its revenues? How about Google? How do high-trafficked blogs become so popular and how do they generate money from all of that traffic? Is there one way or many?
If you are good at selling something, chances are you can make good money from home by setting your own market place website just like Olx.com. For those who don’t know, A marketplace is a placewhere many different businesses sell their products or services. The initial cost is very low, a cheap hosting, domain and a wordpress script to start working.
To do that, you have to harbor a few fundamental guiding principles in your mind. Today, if you're at all serious about generating a full-time income (and more) from your online activities, then you need to focus on passive income as opposed to active income. Sure, the active income will help you survive. That's the scarcity mentality at play. But it's the passive income ideas that will help you thrive.
Andy Jenkins is a famous American internet marketer who has made a name in the world of video marketing, ecommerce, blogging and advertising. He graduated with a degree in visual arts, which helped him to acquire great video editing skills. His talent was not left unnoticed because shortly after, he won an Emmy award for best in video editing for a video that he had created. He is not just an internet and marketing guru, he is also a writer / copywriter, and he also creates and edits non marketing related videos on the side. Jenkins featured other SEO gurus famous such as Dan Theis and Jerry West in order to gain more members.