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.
Etsy is the most popular online marketplace for handmade goods and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who is creative and wants to sell their handmade creations. As long as you have the space, this can make for one of the best ways to make money online that can be started with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology.
Sharpe, who's presently running a company called Legendary Marketer, teaching you how to duplicate his results, is a prime example. By understanding how Sharpe has constructed his value chain, positioned his offerings and built out his multi-modality sales funnels, you'll better get a larger grasp on things. As confusing as it sounds at the outset, all you need to do is start buying up products in your niche so that you can replicate their success.
There are things like solo ads that you can buy or join up with JV partners to help sell whatever it is that you're peddling. But at the outset, you're going to find it difficult to succeed in the internet marketing field. Ensure that you learn the right skills along the way so that you can become an effective online marketer. It doesn't matter how slow you go, as long as you don't stop, you'll reach your goals.
Next, you need to set up and build your YouTube channel. Your YouTube channel is your homebase for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).
WOW, this post sums up exactly how I’ve been feeling lately. Being about 1 year into the internet marketing game I have found that time is definitely a critical asset. What you save in money will definitely cost you in time AND in order to succeed there is a certain number of hours required in preparation. No shortcuts! I could “amen” this post all day.
Once you are all set up, Live Ops has an excellent online training program that teaches you how to handle calls from customers. You will be taking calls for many different companies. When you start working, your phone will ring and a script will pop up on your screen. You simply read the script word for word and input customer information as you go along. If customers have questions, there is a section on your screen with FAQ’s and you are also logged into a virtual chat room should you need to ask for support from a supervisor.
By now, you've likely seen all the "gurus" in your Facebook feed. Some of them are more popular than others. What you'll notice is that the ads you see that have the highest views and engagement are normally the most successful. Use a site like Similar Web to study those ads and see what they're doing. Join their lists and embed yourself in their funnels. That's an important part of the process so that you can replicate and reverse engineer what the most successful marketers are doing.
So we have to ask, why are these women really using the site? The money's important — and they do make quite a bit. It's hard to pin down average figures because people work different hours on the site, but one user has said she made up to $55,000 in a year. NaughtyJo even tells me someone bought her a new phone after she broke her last one. And men are paying these sums for friendship at least as much as they are titillation: perhaps more so.
No matter what method you select for generating your online income, there's one very important thing to understand. Today, across this globe, with its 7+ billion inhabitants, there are two recurring things that people are looking for more of. Either people want more time or they want more money. The truth? Time is far more valuable than money. You can't recreate time. Once it's spent, it's gone forever. Not money.
A spin-off for web designers is to offer a landing page creation service. Well optimized landing pages can be the difference between a successful and a failing business. And, as creating the perfect landing page isn’t easy, this is a service many businesses are prepared to pay for. I know people who are earning 6 figures per year and all they do is create landing pages for businesses. There’s serious money to be made.
You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort.
Thank you for telling it how it actually is John, it’s refreshing to hear it that way and surprisingly motivating. I do believe that having enough of an income to support myself is more than enough compensation for escaping the ‘boss’ and having the freedom to provide value to your audience. Millions would be nice, but not essential for it to be worth it. I look forward to your webinar. 🙂
However, as you might already likely know, this does require a tremendous amount of effort. Not only do you need to have the products, services and information that you intend to sell, but you also need to build an online shop then get people to visit it. You need some serious knowledge of online marketing and search engine optimization in order to do this. It’s not easy by any means.
So be wary. Ensure that you learn from the pros and don't get sucked into every offer that you see. Follow the reputable people online. It's easy to distinguish those that fill you with hype and those that are actually out there for your benefit. Look to add value along the way and you'll succeed. You might find it frustrating at the outset. Everyone does. But massive amounts of income await those that stick it out and see things through.
When you visit a website and there’s a product being offered there, it’s more often than not an affiliate product being marketed to you. How affiliate marketing works is Big Brand A approaches a website or the blogger/website owner may go through sites like CJ.com to sell a specific product. That product is then offered on a website for sale with the compensation for doing so varying between brands.
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.
Not only will this multiply the money you’re bringing in in a serious way, but it protects you against any sudden changes in the market or in your business. Remember that old saying about putting all your eggs in one basket? A few hours a week committed to just one or two of the following opportunities will put you in a much stronger position to be financially safe and independent.
Dating sites and apps are extremely popular and have become more and more niche as the industry develops. They can also be very profitable, as there are many ways to monetize them. You can charge a joining fee, provide premium subscriptions, or make money from advertising on your site. White Label Dating provides a pre-built dating platform for your project. You simply choose the niche and branding for your new dating site. Once your website goes live, you just need to promote it, manage the users, and collect the earnings.
I’m working on my software company, I’m charging 3x as much as my competition because I go directly to the businesses, I’m willing to have 1000 awkward conversations and get laughed out of offices, I’m willing to inject myself and my nuts into the business, I’m willing to take 3am phone calls from customers (until I can subcontract that out) and build up a solid long term income generating machine. It will be a real muse requiring only 4 hours a week upkeep. But you have to pay the price now. Most the successful Internet Marketers say about 3 years of solid effort, but I believe you can buy some time back if you’re willing to do the things no one else is. I’m expecting 1 solid year and 1000 awkward conversations till I can take my mini retirement. Are you willing to visit manufacturing companies or wholesalers in person to convince them you’re good for it? Are you willing to then beat them down on price? Are you willing to bargain with shipping companies? Are you willing to go to 20 to get the terms you want and force them to outbid each other and have everyone involved think you’re a cunt? Tim Ferriss would.