When you lack the luxury of time, making money on or offline can seem like an impossible task. How are you supposed to do that when you're working at a life-sucking nine-to-five job? While the stability of full-time employment might allow most to sleep well at night, it doesn't empower your creative juices to search for new income-producing strategies.
Medium is an online community where anyone can post articles and essays and get them in front of their audience of millions of monthly readers. While it can be a great place to build your audience for your own blog or find customers for your consulting business, with Medium’s new Partner Program, you can now make money online whenever someone reads your articles. Register for free and you can choose whether your articles are freely available or only readable by those people paying $5/month for a premium Medium membership. You’ll make money based on the amount of people who read and engage with your posts each month.
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.
It doesn’t pay much, but if you’re a healthy person and want to make a bit of extra money online, the AchieveMint app will reward you for doing things like walking, tracking your food, or taking health surveys. AchieveMint works by connecting to fitness apps you might already be using like Fitbit, RunKeeper, Healthkit, and MyFitnessPal and then giving you points for certain actions. For every 10,000 points, you earn $10 with no limit on your earnings.
The second (and cheaper) path assumes that you have the design and dev chops yourself to build your dream software. Naturally, it’ll take more time to get your product off the ground, but being able to bootstrap the development of your software lets you retain more ownership in your business and be more in control of your path, making this a lower-cost, but higher time investment to make money selling apps.
The sales flow will go something like … A search is made that brings a user to your content or an ad brings visitors to your content. The visitor reads the article and is impressed – they subscribe to get the free offer – you get their email. You email them the free offer and thank them. A couple of days later, you send them another valuable piece of content. Then after a few more emails, they get the offer. At this point, you have hopefully built up authority and trust. You have earned the right to ask for the order. You send them the affiliate offer and follow up emails.
The basic strategy is this: Post interesting content consistently with relevant hashtags. Use a service like Hashtagify for hashtag ideas. Follow users in your niche and engage with their posts. I also know a couple of people who grew their Instagram accounts quickly solely depending on shoutouts from influencers. You can use a service like ShoutCart for that or contact influencers directly (most of them list their email addresses in their bios).
Jerry is a young aspiring Internet Entrepreneur who started his online business at the age of 18. He is currently a Full-time Affiliate Marketer at Wealthy Affiliate, a community to help anyone start their own online business without prior experience. He actually achieved Financial Independence at the young age of 21. Read more about his story here!
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look at how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
ClickBank represents primarily digital or downloadable products. These typically have high-percentage payouts to affiliates. The commissions average around 50%. You do need to be careful and closely vet all products. There are some great products, some good products, and many crap products. You need to be sure the product and the promotional methods are appropriate for your audience. But ..
Wealthy Affiliate never lock any website. As long as you have purchased your own domain name, it’s yours 100%. For hosting, WA doesn’t charge any additional charge for web hosting. It’s included in the membership price which I mentioned earlier on. If you’re referring to the domain name, one domain name costs around $14 to $16 per year. So I really don’t know what’s the expensive hosting you’re talking about.
20. Etsy – If you like to create arts and crafts, you can sell them on Etsy.It’s completely free to open an Etsy store. You simply sign up, post pictures of your creations and starting selling. You can choose your payment option, but PayPal is generally the easiest. Etsy makes it easy to sell and keep track of your inventory. There is a small listing fee and they take 3.5% of every sale you make.
For example, if you buy a $100 suit… perhaps you could rent it out for $25 for the night/weekend and someone locally is interested in just a cheap rental (because they don’t need to own a suit for the one or two times per year they wear one). After four weekends of renting the suit, it’s paid for itself. Now, whenever it’s rented out—you’re profiting for the remaining life of the suit.
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.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.