Hi Dara, that’s a great question. I started with 2 affiliates sites at the same time, this one and another in the leadership niche each promoting different training courses I thought were worthwhile. I worked solidly for a year before I reached the $1,000 per month mark and then a couple of hours a day (admittedly with a few gaps) and reached $6,000 after 3 years.
If you can find and restore items like furniture and appliances, you can make a substantial amount of money. You can acquire the items on Craigslist, or even at garage sales or estate sales, restore them, and then list them for sale on the site. You may also be able to market certain items on eBay, particularly if they are small, unusual, but high in price.
Another big lesson I’ve learned is to go deep when you’re trying to reach an audience or develop a platform. One way to build a really profitable course is a strategy I’ve developed called “the 4-deep technique.” This technique asks you to niche down at least four levels until you’re really at the source of someone’s problem. Start with the pain then come up with a solution. If you want to create a successful product, it needs to be a pain reliever or something that solves someone’s problem in a way nothing else can.
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.
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I've personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can't afford or that you're not yet ready to implement.
He also has a lot more content on the technical details like uploading videos, optimizing thumbnails and everything else a beginner needs to get started. I can definitely see people earning their first $1 or more if they follow through the advice in the section. I also looked at some YouTube channels in the comments and there was definitely people who were doing okay.
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.
To help organize your course, think in terms of modules and lessons. A module would be the overall subtopic, with the lessons providing the details of that subject. For example, if you have a course on starting a home business, you might have a module on business plans. Your lessons in that module would include “How to determine your USP” and “How to identify your target market.”
The best way to start is to take advantage of the 10 free lessons inside the Wealthy Affiliate community. Let me know once you’ve created your free account and I’ll be on hand to guide you every step of the way. As well as the free training you’ll also get access to the free website builder so you can begin on the right foot. I hope this helps and I look forward to working with you 🙂
I actually don’t. The whole reason why I leverage these online marketplaces is because they already have traffic and an audience and they’re doing their own paid marketing and SEO to build up their members. That’s why I love this system and think it’s so great for beginners. You will literally make sales just from being in these marketplaces. I don’t care if you have a course about underwater basketweaving, you will eventually make sales just by showing up. It’s that simple. Of course if you wish, you could promote yourself, for example on your Facebook profile, via your blog and Twitter.
Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
Additionally, I would recommend building a freelancing website as a side business (making websites for others), especially at the beginning while you are just starting to develop your passive income portfolio. This is a good way to consistently make some fast cash too (just two gigs per month will make you an extra $1000). Some freelancing advice on how I used to do it can be found here: http://mikeomarphotography.com/freelancing-advice/
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Not only that, you will be able to evaluate business ideas much more intelligently once you've gone through this whole process. You will understand the fundamentals of keyword research & analysis, traffic & lead generation, social & affiliate marketing, monetization & conversion testing, and traffic analysis. These skills will help you immensely in ANY business you ever decide to start (online or not, passive or not).
So here you are, surfing the web about how to make money online fast. You want more money and you want it now. You also want it to come easily. Maybe this is the very first website you landed on in your search to learn how to make money online fast, but more than likely, you’ve been to several other places before you finally ended up here. Maybe you’ve even signed up for some courses, training programs, or “systems”, that show you a “fool proof” way to make money online fast, and now your discouraged because you realized that all of those courses and “systems” were total scams. This is going to be a no B.S. article about making money online fast. This is going to give you the hard, honest truth about the realities of making money online fast and how to increase your chances of ACTUALLY succeeding with making money online.
For example, in the past 2 weeks, I’ve received emails for TubeLoom, Paid Surveys, Kindle Mastery and in the members area he’s pushing MOBE. If you’re paying your money to learn affiliate marketing these can all be very distracting. You don’t need paid surveys and as much as writing kindle books can be a great side gig, if you’re learning affiliate marketing then you don’t need the distraction. Why Tubeloom if Internet Jetset has YouTube training? See my point?
Merch by Amazon is another service offered by Amazon that will enable you to make money online without any initial outlay. To get started you need to create an account with Merch by Amazon. Then simply design some T-shirt logos or slogans, and upload them to your Merch account. You will need to choose a T-shirt type, color, and price, and Amazon will create product pages for each T-shirt. When someone makes a purchase, Amazon takes care of production and shipping. And you are paid a royalty for your design.
Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay.
If you have any sort of skill (carpentry, photography, graphic design, computer programming, etc.) or any kind of hobby (drawing, playing piano, baking, yoga, etc.), you can teach that to people who know less than you. You don’t have to be a ‘guru’ or ‘expert’ to teach what you know to someone that wants to learn. You don’t even have to have teaching experience. That’s the beautiful thing about being a successful online teacher – most of them are just normal people who enjoy talking things they love.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trip a reality.