Like I said, this process can be a bit overwhelming. And that’s why I put together this free master course to help break this entire process down into easy to follow steps that’ll get your blog off the ground and generating readers in less than 1 week.
Selling on eBay successfully is not easy. You need to be able to able to target a niche where the profit margins are high and competition is low. If you pick the right product (particularly unbranded products) you have a chance to import items and make huge profit margins. SaleHoo is awesome for finding suppliers.
Starting a business these days is also surprisingly cheap. If you’re dying to get out there and start making money online, but you think that surely you’ll need thousands in the bank first, we’re about to prove you wrong.
“I always tell podcasters to use as many streams as possible. Don’t just sell ads on your show. Don’t just sell T-shirts. Don’t just do crowdfunding. Do all of it. Combine it and find the right mix, and together it adds up to something that’s stronger and more dependable.”
If you own a car but barely use it, you can make some easy money online by renting it out on Turo. Before you freak out, rest easy knowing there’s a $1 Million insurance policy on all cars rented on Turo, plus drivers are prescreened.
With North Pole Notes, subscribers sign up to send personalized and unique letters as Santa Claus, not just in the holiday season, but ALL year. Perfect for parents, Godparents, Grandparents, Aunts, and Uncles, or just about any gift giver!
Copywriting is the art and science of strategically delivering words (whether written or spoken) that get people to take some form of action. It can range from anything to sales pages, to email marketing, to even quality blog content.
Larger companies can hire an agency or full-time staff member to run their Facebook and Twitter accounts, but small businesses often have to handle their own social media marketing. With so many responsibilities, business owners are often too busy, overwhelmed or undereducated about the importance of social media to spend time developing and implementing a great social media strategy. As a consultant, you can help them determine the best tactics, posting schedules and content for their target audience. As their follower count grows, so will your business.
But he managed to sell a necklace for $200, and with that $200, Branson finally had the money to call potential advertisers for his fledgling magazine. The rest, as they say, is history. That $200 would eventually grow into the Virgin Group, now a multibillion-dollar brand, operating in industries ranging from aerospace to communications.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Through my years of experience and research, I’ve consistently found the following ideas have the best potential to create a steady stream of recurring revenue. They’ll take a lot of effort. But if you’re willing to put in the work, they could change your life, like they have for me.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
With the e-commerce route, in many markets, you’ll be competing against old-school business people who may or may not have any internet marketing experience. Many of them have glitchy, out-of-date websites, which leaves you a lot of room for improvement, and you can capitalize on their shortcomings.
If my piece of content is so unique and valuable around hiking backpack recommendations, that other reputable outdoor websites are willing to link to it and build the page’s authority, then I’d have a very real opportunity to rank high in organic search for these search terms (meaning, my page will come up first when someone searches for hiking backpacks).
Remember, you can offer the freemium model mentioned previously if there is no scope to achieve high advertising revenue. You could even be teaching others how to make money online, while doing exactly the same thing for yourself!
Strategy #7: Encourage referrals and repeat customers. Always, always, always follow up with existing clients! Are they happy with the job you did for them? Is there anything else you can do for them? Do they know anyone else who might benefit from your service?
Facebook continues to expand and grow. Therefore businesses are spending more on Facebook ads. But here’s the problem: a lot of old school businesses don’t know what they’re doing when it comes to Facebook ads. Even newer companies don’t have the time it takes to learn the ins and outs so that they get the most return on their Facebook ads investment.
If you have a marketable skill—like writing, designing, web development, marketing, project management, or anything else—one of the easiest ways to make sustainable extra money online is to start freelancing.
Build up a following on your Instagram account and you could quickly be making extra money online. Major brands, gear companies, and even startups are willing to shell out $500-$5,000+ per post to get in front of your audience. While it’s getting harder and harder to build a massive Instagram audience, if you already have a solid niche and are posting quality content regularly, with a few small tweaks you can make yourself an influencer. Check out this awesome article from Shopify on how to build and grow your Instagram following to get started.
Trustwerty on the other hand is where you can find the best of the best in online shopping. Use Fakespot to find fake reviews and if you want to research the best facial masks, baby products, or electronics, use Trustwerty. Their search engine displays and ranks products based on their review quality where the authenticity is judged by Trustwerty’s algorithm.
Set strategic prices: The $37.50/hr you earn at your day job doesn’t even come close to the hourly rate you’d need to charge, in order to create the same net annual income, once you’re self-employed. This infographic on calculating your freelance hourly rate can help you decide what to charge.
Selling your know-how can really pay off. Even if your know-how is super nerdy and small — I created an online course that teaches people how to start a business proofreading transcripts for court reporters. Lives have been changed in the process, including mine! The course has earned me over $166,000 in profit since its launch in February, exactly four months ago today.
Writer, side project aficionado, and part-time entrepreneur. Join me here, on ryrob.com and learn how to start a business while working full-time. Let’s chat on Twitter about business and side projects.
If you can consistently provide companies with successful social media campaigns and improve their profiles, they will pay. Clorox Bleach had some huge success with one of their recent social media campaigns.