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.
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.
Paid traffic, such as PPC or banner advertising, is usually more controllable and scalable. If what you're doing is working, you can spend more to grow your traffic. It also has the advantage of being able to start very quickly, if not immediately. The main disadvantage of paid traffic is that it can be quite expensive and requires a lot of supervision to avoid losing money. Paid advertising platforms such as Google AdWords can also have strict requirements regarding advertisers and ads, so be sure to pay close attention to all rules and warnings.
For Pinterest you can just sign up, create an account and can start posting out images along with a link back to your website. One of the cool things about Pinterest is you don’t even need many followers to actually start getting traction. It all relies on how good your images look. You can see some of the images that I’ve posted out from my numerology site have gotten a lot of traction and I don’t even have that many followers on there:
Do you constantly come up with witty one-liners? Do you dream of the days of Mad Men-style advertising? If you’ve got some branding chops or just come up with imaginative copy, there are lots of opportunities to make money online through company naming and slogan contests. If you think you have a knack for names check out the Squadhelp platform where you can earn a little extra money online by naming brands, services, products, company slogans and even help out on the logo design front if you've got the chops.
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.
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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.