Are you just starting your first online business and not sure whether you want to be a product creator or affiliate? Personally, I prefer being an affiliate. It's not as glamorous as owning your own product, but I think it gets much closer to the idea of passive income. Check out how affiliate marketing creates passive income better than any other type of business.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required. 
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.
There are weeks and weeks of lessons within CBU. They are a combination of face-to-face video, plus over the shoulder video. There's also a downloadable written portion (green arrow in the image below) where you can see basic highlights from the video portion. Though I love video, written stuff is easier to review. No need to watch a 20 minute video again to just get a refresher!
Tip: Aim for products with reasonable commission. No lower than let’s say 40 percent, to make your efforts worthwhile. Also, you should note that ClickBank deducts transaction fees from a sale. Here’s a calculator to help you calculate your actual commission. More so, you need to remember to disclose all your affiliate links and mark them as nofollow. Here are a few reasons as to why you need to do this.
We’ll go into more details regarding each step but let me give you a quick overview of each. The product/offer is the ClickBank product you’ll be promoting. This might seem like it’s simple enough but screwing up this step could potentially hinder you from earning a single cent because the other steps are built on top of it. Product research has its own separate section below.
One nice thing about Elegant Themes too is that instead of paying for every theme separately you simply pay one yearly subscription fee and then get unlimited access to all of their different themes. So if you intend to set up several different websites and want some solid themes that are guaranteed to be continually updated and worked on these guys are definitely work a look.
This is a way to help you create a website for your own product that essentially integrates with Clickbank to make selling this product easier. I think this is a cool idea, and for folks looking to create their own digital product, this would be a worthwhile investment. But remember, you're now paying $47/month for CBU members area ($564 per year), PLUS $594 for the builder. Your yearly cost of business operation just jumped to over $1,000. Also, remember that this might lock your site into their builder, so if you decide to change to outside hosting at some point, I'm not sure how that process goes.
Tutor students. Many families prefer the flexibility of using an online tutor. Depending on your background, you could be simply helping a child with homework or providing college-level support. You need to have your own computer and high speed internet. Experience required differs among companies. Some require “strong experience,” while others require a specific educational background. However, most companies do require a college degree.
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