I really like point #1. So many people I talk to are excited about their idea because nobody is doing it or else they don’t want to do something because someone already is. I’m a believer that no competition is a worse sign than a lot of competition. If you were mining for gold back in the day, would you rather be near San Francisco where everyone was finding gold, or would you rather be in New Mexico with no competition (assuming nobody found gold in New Mexico)? The analogy is a little weak, but it gets the point across. Thanks for the great post, and keep up the legendary work.
Creating a video series and selling it as a digital download on your blog, much like an eBook, can be another great seller. A video course, teaching viewers a specific skill or how to achieve a particular activity, may well resonate with your audience. If you are going to go down this route then your videos need to be as professional as possible so you should consider investing in some video and lighting equipment, as well as editing software.
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.”
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.
You may decide to create free videos as extra content for your blog, and not sell them at all. If this is the case then you can still make money from these videos by selling advertising space on them (in the same way as discussed for monetizing podcasts). Once you have high volumes of traffic visiting your blog, and watching your videos, you can charge businesses to advertise at the beginning of your videos. Use website’s like Izea to help you connect with companies willing to pay to advertise on your blog.
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.
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.
"They're forging a new paradigm of sexuality, one marked by an openness to casual but safe experimentation and intimate sharing online. Their identities are fluid," Patrick says. "Belle Knox represents the idea that a young woman can be a porn star and a student at a top university and a future lawyer. We have thousands of girls who are living proof that you can be an online model/cam girl and still be that girl next door, that caring mother, that university student, that present or future successful professional. I believe MyGirlFund is uniquely representative of this new generation of girls."
Now next, you’ll want to pick a WordPress theme from somewhere like ThemeForest, Elegant Themes or OptimizePress. This is the barebones design of your site, which you can then customize with your own branding, copy, and images. That being said, you don’t want to cheap out. It costs less than $100 to buy a theme that will make your website look professional (and you can upgrade to a completely custom design once you get the business going).
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Once you understand how everything works, and your expectations are set the right way, decide what you want to do. Do you want to become an affiliate marketer? Do you want to be a network marketer? Do you want to become a blogger and sell your own products? Squeeze pages, which are glorified sales pages that attract people and direct their attention towards a single action of providing their email address, are created in a variety of methods. The better they are, the more likely they'll convert.
The next woman I speak to is Lenonie, a 43-year-old "happily divorced" woman from the South East: "Some of the guys just like to express themselves in ways they wouldn't feel comfortable doing in real life," she says. "It's nice to reassure them that it's OK to have fantasies, fetishes, etc. For some of the guys it's all they have. They like a lady to confide in, share things with, and become a friend, so yes, friendships are formed and it's nice to have regulars that I feel I know very well."
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service, refunds and so on. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. Sound like a lot of work? Sure, it is. Especially if you do it all on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
Then I connected with Princess Meggerz. Giving her age as “late 20s,” she lives in Brooklyn, seems forthcoming and down to earth, doesn’t take herself too seriously, and rakes in over $200,000 a year -- all of which she claims on her taxes. Her haul comes via cash and gifts from men who are happy to grovel online, fulfill Amazon wish lists, and send money via Western Union, all without meeting her IRL. They usually find the Princess through her website, meggerz.com, which commands, “Pay to obey.”
Do you have a class A, B, or C motorhome? What about a pop-up, travel trailer, or fifth wheel? Then put your recreational vehicle to work when you're not using it. RVshare is an on-demand platform that connects RV owners with renters. It's completely free to use and according to their website, you can earn $120 – $365 a day! Booked rentals include 24/7 roadside assistance (so you know your RV is in good hands) and RV rental insurance. RVshare has been featured on CNN, the New York Times, NBC, Huffington Post, along with numerous other publications.
Build up a following on your Instagram account and you could quickly be making extra money online. Major brands, gear companies, and even startups are willing to shell out $500-$5,000+ per post to get in front of your audience. While it’s getting harder and harder to build a massive Instagram audience, if you already have a solid niche and are posting quality content regularly, with a few small tweaks you can make yourself an influencer. Check out this awesome article from Shopify on how to build and grow your Instagram following to get started.
If you're looking to address some immediate financial needs, then the app economy is likely right for you. Thanks to the global sharing phenomenon, launched in part by our smartphones and ever-burgeoning global connectivity, you could easily opt for some quick active income by using well-known apps. From ride sharing to deliveries and even quick tasks, there's an app for that today, as the saying goes.
Sign up with sites like Rover.com or Wag! to walk dogs or care for pets and earn some extra cash. Sign on at your convenience and help out local pooches whose owners are stuck at work or out of town on business. If the apps don’t service your area, contact local grooming and boarding to let them know you are available for pet sitting or dog walking.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
Internet marketing is a number of things. And true success in the field involves an immersion into several skill sets that are required if you really want to succeed at the highest level. That's why I knew I needed to go the top of the food chain of online marketers to get an understanding of what this actually takes. And it's important to note that while there are many hyped-up gurus out there, there are also genuine individuals that aren't just looking to extract money from you.
If you don’t mind doing other people’s chores, then TaskRabbit is a great option for making money online. Earn extra income by walking your neighbor’s dog or mowing Mr. Smith’s lawn. It might seem like not the most lucrative option, but the top taskers reportedly earn as much as $7000 a month, making this a full-time way to make money online for some.
So what does it actually take to make serious amounts of money online today? While many might buy into the hype, there are hordes of others out there who’ve been scorned. They’ve put their hopes up and hinged their expected financial wealth on the supposed success of these internet marketers who’ve sold them some system that was going to make them rich.
In the beginning, it was rough for Sharpe. No one out there should think that it's going to be easy whatsoever. His journey took years and years to go from an absolute beginner, to a fluid and seasoned professional, able to clearly visualize and achieve his dreams, conveying his vast knowledge expertly to those hungry-minded individuals out there looking to learn how to generate a respectable income online.
You know those top-down cooking or craft videos you just can’t seem to get away from these days? There are people out there making a living from them. 78% of B2C companies depend on user-generated content, like those videos, for their marketing campaigns. You can sign up as a creator on a site like Darby Smart and potentially work with brands like Nordstrom, Mattel, and BarkBox. Or, use them to build your YouTube following and monetize through ads and views.
Holly comes across as a lady with a fairly distinctive personality. "I'm actually such a geek — anything sci-fi-related and I'm hooked. I'm such a book fiend — I pick a good read up and never want to put it down," she says. "I also love to party; it's one extreme to another with me." Like pretty much every women I speak with, Holly doesn't particularly alter that personality for her customers: "I'm definitely myself on here: I find that's the best way. Sometimes I do hold back on what I talk about personally though."
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
If you have a great voice, you can make decent money by doing Voice Over at Fiverr.com. You can record Voice Overs in English with American, British, Australian, Canadian or New Zealand accent. Or record it in German, Russian, Spanish, Arabic, French, Italian and in many, many languages. Sign up with Fiverr.com. Once you get the order, you can turn around and quickly record at the nearest studio or simply record it on your own computer if it’s clear.
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.
Ready to enter the ecommerce fray? Why not sell your own stuff. Of course, along with selling your own stuff on your own website comes a whole slew of both responsibilities and technical configuration and requirements. For starters, you'll need a website and a hosting account. You'll also need a merchant account (sure you can use Stripe or PayPal). Then you'll need to design that site, build a sales funnel, create a lead magnet and do some email marketing.
If you offer freelance services or have a physical services business, then creating a blog is a must. On your blog you can write about the services you offer and how they will benefit your clients. Importantly you can add a ‘Services’ page, outlining the services you provide, what they include, and any other important information potential clients may need. This is an effective way to promote your services, generate leads, and increase your revenue.
The major key to making money on Fiverr is simple, but certainly not easy. You need to build a customer base with $5 entry gigs, and then upsell hard once you have a few positive ratings. You can put gigs up to $100 each on this site, and common upsells include higher quality versions of the same work, more time put into a design, rush orders, etc.