Prior to that group, they had an online community for teachers looking for lesson plans. That probably sounds pretty random, but it's crazy the type of communities you can build and rally people around. If it's something that you're passionate about yourself and you want to connect with others that have that same passion, then an online community is something you should definitely consider.
Since coaching and consulting isn't a passive income stream and it actively requires my time, there's an opportunity cost for me in taking on clients. That opportunity cost is it takes away my time that I could spend on creating passive income streams. That's why I'm in a position where I can charge whatever I want if people want my 1-on-1 help. As I grow and make even more money, I will be forced to continue to raise my rates, as whatever I'm charging now won't be worthwhile enough for me to take on clients at.
Online bank accounts are able to pay higher interest rates because they do not have to maintain the costs of traditional brick and mortar stores. If you are looking to open an online bank account, we highly recommend Discover Bank. Discover online savings account offer a 0.95 APY, which is much higher than you will find at other physical banks. You can learn more about an online Discover account here.
Once you’ve decided what kind of sessions you’ll be running, the next step is to decide the length of your program. One mistake to avoid is simply charging by the lesson. While this may seem flexible and convenient for the client, it almost always interferes with the results. When someone pays in advance for 6 or 12 sessions, they’re far more likely to attend them, and far more likely to see a difference. Otherwise, the casual client may drop into the occasional session, fail to see progress, and assume you’re to blame!
If you can design websites, there is plenty of work for you. Even if you are not very proficient in HTML, you can use softwares such as DreamWeaver or Kompozer to create websites. You can find clients on webmaster forums such as WarriorForum and DigitalPoint. Before venturing out, create a portfolio of website designs to show to your prospective clients.
You see, coaching and consulting requires time. It's not a “passive income stream” by any measure and doing it means you're still stuck in the paradigm of trading your time for money. As long as you're trading your time for money, you'll never be able to scale up your income or have freedom. That's why I'm huge on creating AUTOMATED SYSTEMS that make you predictable, repeatable passive income while you're sleeping, day-after-day, month-after-month.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
Become an Amazon Associate and then use Keyword planner to find an in-demand niche: With more than a million different products to choose from and up to 10% commission the sales you drive, Amazon’s affiliate program is a great place to get started. Browse their available products and see what connects with you. Or take it a step further and use Google’s Keyword Planner to quickly check how many people are searching for a specific term. With affiliate marketing, the more relevant traffic you can pull in, the more you’ll make off your site.
I've learned so much with this course! KC Tan is an excellent instructor. He covers all the bases. Also, his facebook group and email list have both been a great value for me. I've made money using this method, and I'm hoping to start making even more by learning list building details in another of his courses that I just started. So glad I came across his courses.
You’ll find that bloggers and small businesses will sometimes need a part of their site updated without investing in an entire site redesign, and sometimes freelancers will subcontract another freelancer for just a part of a website if they’re overloaded with work. You can even design stock components like menus or image sliders and sell them through sites like ThemeForest.
Become the expert. The simple answer of how to get personal training clients is to make sure everybody knows that you’re a personal trainer. Once you set up your business, simply start posting workout tips on your Facebook, send an email to everybody you have ever met, and ask your parents to message their family and friends. Be sure to communicate the benefits of online training to your clients when reaching out to entice them. Here’s a list of a few of the benefits of online personal training to the client:
This is a great read. I’m always looking for extra cash. I just wanted to share something I’ve been doing recently. I run an office and have noticed that unused toner was piling up in storage. I looked into returning it, but that was no good. I tried out the site called tonerconnect.net and was impressed. They had quick service and the payout was nice.
I've also personally hired and worked with so many coaches in my own life and received so much value from them. I know I wouldn't have the success that I enjoy today if I tried to do things on my own and didn't make those investments in my self. I continue to find coaches and mentors that I can learn from, in all areas of my life. It's the fastest and easiest way to get to where you want to go. Just find someone that's done it and do exactly what they say. It's pretty simple.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
Online business is how I’ve made a living since 2003 and what has helped me retire early. I make over $40,000 a month through my blog. You can create your own blog here with my easy 15-minute step-by-step tutorial. You can start a blog for as little as $2.95 a month (less than a cup of coffee!). Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like:
The way to make big money as an affiliate is to launch jack (more profitable since you don’t necessarily have to pay for cold-traffic). You can use Google Adwords, Facebook ads, SEO, video SEO, parasite SEO, and so on to rank the products branded terms online and capture organic traffic as well as branded keyword search traffic which is often low competition on Google/Bing compared to the more broader terms.
Guess which method is actually easier to make $10,000 with. It’s the multiple product method. You put multiple products out there with good marketing. Some might be losers meaning they only earn some money, but aren’t worth putting heavy marketing into. Others do pretty good. And then others are big winners for you where you put the bulk of your marketing.
If you want more leverage and control of your business then creating your own product is the way to go. Package your knowledge and use sources like upwork.com or Fiverr - Freelance Services Marketplace for The Lean Entrepreneur for help with the things you are not good at. Then spend your time getting more affiliates and increasing your gravity score. How do you get traffic? By running ads on CB and other aff sites, doing solo ads to aff marketing lists, email outreach, FB messenger outreach to bloggers with big fan pages related to what you do, and so on… You don’t even need to use Clickbank if you have your own product but if you struggle with traffic, it is a good method to get your brand out there. From there you can email your affiliates whenever you have something new to promote and arrange private deals.
- Having a job is a great way to start making some cash flow, but you should use it to actually start a business. A job isn’t scalable. You only have 24 hours in a day, and you're not even going to work more than 12 hours in a day. Having access to the internet is all you need, you can see that attention is now the new way to becoming successful. The more exposure your brand gets (whether that is from posts, social media, websites, etc) the more opportunities you have to monetize off your traffic. When you have a lot of people's attention, and you create a product, you’re likely to make a sale. THIS IS SCALABLE. Anything you put out on the internet compounds, continually getting more and more traffic that gives you a chance to make a sale.
Video is growing like crazy. And more and more people are looking for professional help cutting their raw footage into viral-worthy content. If you have the right software and a bit of skill, you can easily make money online as a video editor. Check out these article of Fstoppers on how to become an online video editor and then look for relevant jobs on Mandy.com, Creative Cow Job Search, or ProductionHub.