Caitlin Pyle has been earning a full-time income proofreading transcripts for court reporters since 2012. Today she teaches other aspiring proofreaders how to do the same. The full cost of her course is $897 — but it can be broken down into payment “chunks” of $197 (modules 1 – 2), $400 (modules 3 – 5), and $300 (modules 6 – 9). To figure out if proofreading is the right career path for you — sign up for Caitlin's FREE seven-day intro course.
The specific plan I teach is designed to make you $5,000 per month in passive income earnings, based on 10 websites, with each website having a targeted earnings level of at least $500 each. Once you understand the process though, you can decide to build 20 of these websites, or 100! When you stop is up to you (and yes, there are people making tens of thousands of dollars per month on the Internet based on these concepts - they just love the work and don't ever stop building new websites or expanding their current ones!).
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.
First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
One of the biggest concerns I hear about teaching online courses is the fact that people can learn practically anything for free by searching online. While this is probably true, the fact is that many people will buy a course that clearly teaches exactly what the person is looking for. Rather than spending hours upon hours searching YouTube for tutorials on how to learn x y or z, people find value in a structured online course that also has an instructor there, available for any questions.
If you want to make a lot of money investing, look it as a long-term strategy and don’t freak out over short-term market fluctuations. Just use dollar-cost averaging and buy a broad range of stocks that will help shelter you from any downturns (such as the index funds we discussed.) Then you won’t need to waste your own precious time, money, and energy trying to outsmart the market.
Considering that you have a finite amount of time, passive income should make up a large part of your work. If you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income? Invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop.
Your CTA should be the catalyst from a good sales page. However, sometimes a simple landing page with just the CTA can also work out pretty well. The best way to do is to test what works for your audience. After testing, don’t be afraid to change your text. This along with writing a marketing copy for your course could take a while. Your call-to-action can always be improved and provide better conversions at a later time.
Do you see all of those articles, tutorials and guides all over the Internet? Somebody wrote every one of them! If you have decent writing ability (no, you don’t need a journalism degree!), and knowledge in a few specific topic areas, you can be one of those writers. It’s an opportunity to make money online and without ever leaving your home. It’s also the kind of venture that can start out as a small side business, but grow into a full-time career.
If you have been creating content, you can look up for some digital material, from informative leaflets to Word documents with valuable information that you can use. For example, do you write a blog? Have you recorded your last workshop, training or webinar? Reusing old content is a good starting idea, especially if this content hasn’t been yet seen by many eyes.
This is similar in concept to micro-tasks, except that it is oriented toward specific services, such as cleaning services, pest inspection, handyman services, house cleaning, lawn & garden services or any of the skilled trades. It might actually be more accurate to say that it is a platform where skilled service providers can offer their services to site visitors, similar to Angie’s List.
Super Affiliate System 3.0 (rebranded from Internet Jetset System) Video #2, my introductory series to affiliate marketing. This video goes over how to get people to view your link recommendations. In affiliate marketing, your business lives and dies based on how much traffic you can send. Zero traffic, zero potential for customers, zero potential for commissions.
As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things.
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, learn how to master PPC advertising and you can use the content to build your YouTube following and monetize through ads and views.
Creating and selling courses could be more than just an online business you started one or two years ago. In fact, years from now, if you are committed to it and truly believe that you can make a strong impact through teaching your favorite subject, you could be the next Chris Anderson – the curator of TED (Technology, Education, Design) conferences, in the eyes of future generations!
A niche affiliate site often presents like an eCommerce store. To get started with an affiliate site, choose your niche then display products with pictures, descriptions, and prices, just as you would on an online store. However, when visitors click the ‘buy’ button, they will be taken directly to Amazon, to make the purchase. You then make an affiliate fee for sending the traffic to Amazon but have none of the packaging hassle, or initial financial output creating or buying the products.
There are different ways to market an ebook. One of the most common is through Amazon’s Kindle program. They can help you with all the steps to both publish and market your ebook through their incredibly popular platform. There are some specialized sets of writing software that will help with not only writing your ebook, but also formatting it correctly for the Amazon market as well Barnes & Noble and iTunes
As for Clickbank, I’ve never really trusted them 100% with refunds anyway. Sometimes they’ll refund you and sometimes they won’t. I once had an issue with a dodgy program called ‘Founder Fly’ I purchased through Clickbank – I canceled the membership, but Clickbank still charged me the monthly fee. By the time I noticed the payments missing from my account 3 months later, I requested a refund from CB but they refused.
(3) MOBE – My Online Business Empire is a very expensive product with a unique affiliate structure. You must buy in on different levels to be able to promote those levels or steps and earn money from them. It’s something like Digital Altitude which I wrote about here. My point is, I don’t like or recommend these types of programs as it seems you’re just buying for the opportunity to sell the same product to others and make huge commissions.
With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you.