Thanks for reading my blog KM. I became a stay at home dad because my father developed Alzheimers and I moved back home to be with him until his death Sept 2012. My website started is about Alzheimer’s but I found out how difficult it was to get traffic to it so I started a blog on how I managed to a huge amount of traffic with different techniques.
My name is Jamie Spencer and I have spent the past 5 years building money making blogs. After growing tired of the 9-5, commuting and never seeing my family I decided that I wanted to make some changes and launched my first blog. Since then I have launched lots of successful niche blogs and after selling my survivalist blog I decided to teach other people how to do the same.
Theory and practice are the same in theory, but they are not the same in practice. For you to become a leader, you need to put yourself in situations which demand leadership. If you are at home trying really hard to think about situations where leadership is required and can’t find a place where that can happen, you are not thinking about the problems in your life and community.
Popular author and speaker Pat Flynn worked as an architect until he got laid off in 2008. That turned out to be a big blessing in disguise, because he parlayed his knowledge of the LEED AP exam into a site called Green Exam Academy, which – among many additional pursuits – earned him nearly $4,500 for the month of June 2014 alone. Therefore, in the same way that sites like FXAcademy.com can help people wanting to learn more about Forex trading, use your own special career skills to help others who might seek information about your industry.
What makes this list unique is it’s based entirely on the methods I have personally used, so I can reveal to you what I did and what my results were. Bear in mind these methods represent ten years of working online, so I do not do all of them presently. At one point in my career however they were an income stream, and are still viable options for you.
Affiliate marketing is when you promote someone else’s product or service, and in exchange, you get a slice of any sales. The obvious advantage here is there is no upfront cost or effort involved in research and development or production. Someone else has done the legwork, and you are acting as a marketer on their behalf. The downside here is that literally EVERYONE is doing it if there is money to be made. Distinguishing yourself and standing out is a major battle, and one which (in a competitive enough niche) will actually be tougher than a day job.
Because of the strong interest in quality of life and work-life balance issues, life coaches have become popular in recent years. Unlike the intellectual demands of becoming a technical or executive coach, life coaching can be successful if you possess common sense, a respect for family and a commitment to enjoy life to the max every day and helping others do the same.
This was the first time I found a business that met all my major criteria – except one – I really wasn’t that passionate about the industry. Initially I enjoyed being the entrepreneur, the thrill of making money and automating the business as much as I could, but after a few years my passion wained. I eventually sold the business, earning a nice payday in the process, making this one of my most personally gratifying projects.
Amazon offers a service called Fulfillment by Amazon (FBA), which can be extremely useful for arbitrage sellers, or others selling their own products. If you opt for FBA, Amazon will store, pick, pack and deliver your products. That means you can scale your arbitrage business quickly as you don’t have to store products in your own home or waste time with postage.
Drive for Uber or Lyft: If you're in a locale where you can find Uber or Lyft (or even one of the many competitors around the world such as China's Didi), you could easily make a respectable income. The hours are flexible and you can work as you see fit, making it perfect even if you currently have full-time employment but are looking to make some money on the side.
You always share valuable messages with your readers, Jon. Sharing your wisdom and what you’ve learned from your experiences is appreciated. I still recall one of your suggestions in your original April 2014 version of this post to begin by offering services. I followed your advice and learned loads of insight from conversations with clients and referral sources. It’s interesting that you mentioned your success with guest webinars in the original post and with hosting webinars on your own site in this post. Hmm… It may be worthwhile to think about growing blogging businesses by speaking more often with your current or potential audience. ~Keri
This post was so good that I had to sit in my car and keep reading after I left work, here in the garage. Ha! What caught my attention is the funnel analogy and the webinars. Starting with the expensive first, then offering the less expensive. Brilliant. Also, I want to do webinar but am not sure how to get started. But dammit if I’m not going to think of how to move in that direction! Thanks for the kick in the butt, Jon! 🙂
In our opinion, the best way to earn money from a blog is through affiliate marketing. Basically, you recommend a product or service on your blog that you use and love. You link to said product / service with an affiliate tracking link which means if one of your readers clicks that link and makes a purchase (on Amazon for example), you’ll automatically get paid a commission.
Understand You’ve Got To Have Morals: You’ve got to have morals, never write about real, shocking news stories. You’ve got to have respect and even though this method is not very balanced with morals, you’ve got to make sure you understand the thin line between fake gossip news, with added humor and some fake articles and fake real news that might hurt or scare people.
This has become a popular business model for online entrepreneurs over the past several years, and will probably just continue to grow in popularity. The best thing about selling online courses is that once you do the up-front work in creating the course and setting up your marketing strategy, you can get paid over and over again for work you do once.
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.
Hi Yaro, thanks for a really helpful and practical post. I’ve been attempting to earn a living online for a while now, through selling handmade products. Turns out that with the amount of time that goes into it and how little people are prepared to pay, this has not been a profitable venture for me! I’m now trying a different approach by building a content based blog and hopefully soon will start selling information based product. My blog is still just a baby (I only started it a couple of weeks ago), so I know I’ve got a lot of work ahead of me still! I’m not naturally gifted at online entrepreneurial stuff so I have found this blog and your reports to be an invaluable resource. Thank you so much! Now I just need to roll up my sleeves and give it a go!
We are trained from an early age to develop our rational abilities. We are taught to systematically gather the relevant data, to analyze it, to design options and evaluate them, until we make the final decision. It is as a slow process requiring conscious and sustained effort. Our rational thinking make progress step by step and draws a logical conclusion. And that’s great. Indispensable.
Small businesses always need help in running their processes, but may not be willing to hire a full-time employee. As a virtual assistant, you are expected to perform practically any administrative task that a traditional secretary or assistant would, such as make travel reservations, handle expense reimbursements or pay bills. You can do it from the comfort of your home, interacting with clients either online or by phone. Your expertise will decide how much moolah you rake in.
If you have a flair for sales copy you could try your hand at selling products for affiliates. While many people take the seedy route of selling diet pills and penis enlargement products, if you want to keep your conscience clear you’ll find that Amazon runs a very successful affiliate program that allows you to make money advertising any of the products for sale on their site. eBay also have a pretty good affiliate setup, with their top affiliates earning $1.3 Million a month, WOW!
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.
In most cases I prefer something that is more potentially passive than potentially scalable. Obviously it’s great to have everything, but given the choice I prefer income streams that just work and can be automated so you can do other things. You have to be careful to manage your desire to scale something with your desire to make it passive. Sometimes less is more because less gives you freedom.
Joining the stock/forex market may seem a bit risky. However, you can start small and continue researching till you gain experience in this area. Once you do, it will be easy to earn from exchanging foreign currencies and/or stocks. Their rates fluctuate depending on supply and demand, and economic and political influences in the world. The aim of any trader is to spot which currency/stock is likely to rise or fall in value against another. The more time you put in, the more you will earn.
Blogs are also another source of earning a good income from home. For starting a blog the first thing you need is a domain name and a web host. You can start for free from WordPress or Blogger. There are many web hosting services that offer reliable facilities at reasonable prices. Now create an account with any blogging website and decide on a topic to write on. Make sure you post 2-3 articles in a week and continue to do this. Remember blogging does not guarantee immediate income. You can add google AdSense to monetize your work and make money out of it.
Loved this article. I do get caught up with wasting time sharing to Twitter and Facebook and not seeing the traffic. I had my 1st Blogiversary in Nov 2014 and am getting a lot of positive feedback but not seeing the traffic. How do you get on some guest blog spots? We have an 1820 Farmhouse and do most of the work restoring the house and also I have a passion for cooking so I do a lot of food presentation and recipes. Love to hear what you think at BeFedAgain.com
Haha good question. There are some dodgy ‘gurus’ out there but there’s also so much info for free, so I recommend doing as much research as you can (which it sounds like you’re doing) before paying for a course and you will get an idea of who to trust. The Selling Family free intro course linked above is good, it is American but the basic principles are the same. Matt Webley at the Secret Wealth Project is also very good and I think he has a free FBA course. The Secret Wealth Project Facebook group is a great community, very motivating and mostly UK based so it’s useful to pick up tips on where to source your stock etc. Good luck!
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.
When was the last time you went to a new restaurant without looking it up online beforehand? Or bought a product that didn’t have at least a few 5-star reviews? It seems like more and more our world is run on reviews. And you can make money online by writing them. Get started by creating accounts on sites like Vindale research, Software Judge, FameBit, CrowdTap, Influence Central, and Modern Mom. However, before you run off and start writing, be sure to check the small print on each of these sites. Writing reviews isn’t a huge source of guaranteed income and you want to make sure that it’s worth your time before you get going.
Most people think that you need to have a lot money stocked away before getting started with investing in real estate, but that isn’t true. In fact, you can start with with as little as $500 by using a platform like Fundrise. Fundrise allows investors of all types (beginners and experts alike) to invest directly in a real estate portfolio that’s managed by a team of professionals.