There are a huge variety of loans on the market. That means you can control your level of risk and reward. For example, lending to highly-qualified borrowers might product 4-5% per year in interest. However, lending to less-qualified borrowers can pay 15% or more. The greater the risk, the bigger the reward, and you get to decide what your risk preferences are.
That’s what’s possible with teaching online courses. Because most of the work is up front, and you can continue to sell courses for many years, the hours you spend making a course can be worth hundreds, if not thousands of dollars. For me, even simple courses that take 20-40 hours of work to create have gone on to make tens of thousands of dollars in income, which translates to an hourly rate in the $1,000 range.
Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
One of the great things about the internet is that you can go into business for yourself from the comfort of your home. All you need is an internet connection, and you can make money online. Diving into the online world will free you from the daily 9 to 5 grind of a desk job and afford you more time to travel, indulge in hobbies, and spend time with the family.
After starting his own accounting firm, Ben Robinson needed to hire some bookkeepers to help him with his business clients. Unfortunealty, finding good bookkeepers was tough. So Ben decided to take his CPA knowledge and train individuals to meet his needs. Over time he found that great bookkeepers shared seven main personal characteristics. Now Ben teaches others how to work from home as bookkeepers. To figure out if you have the right personality for bookkeeping — sign up for Ben's FREE four-part training series. The full 10-week training course is $1,999 or 12-payments of $199 a month. The Bookkeeper Business Launch has an A+ rating on the Better Business Bureau website.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
Thanks for getting in touch. I understand why you’re a little hesitant in joining the premium membership, after all there are a lot of shady online schemes that never get results. All I can say is that I’ve personally gotten real results from this and I love the transparency – they give you a free membership option so you can see exactly what Wealthy Affiliate is all about before making your decision.