So many people dream of writing a book, but never go through with it. Yet no matter what, I’m sure you have experience and value you could give through writing a book. By packaging your skills and knowledge into a downloadable eBook that helps people learn a skill, advance their careers, or start a businesses, you can change someone’s life and even make good money online.
- 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.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
–>There’s a lot of flexibility in group coaching. I only offer programs at certain times of the year. What’s nice about that is that I can take downtime in between and not be beholden to clients, and I can also deliver the programs from anywhere, as long as I keep timezones in mind when I plan my travels :). Tools like Facebook have made group coaching communities instantly accessible at any time, so I can have folks all over the world participate in my group programs and get feedback when they need it.
Give your opinion. If you only want to make a little bit of money from, you can get paid to take part in mock juries and focus groups. Attorneys use these “juries” to survey public opinion and help prepare for actual trials. To participate, you’ll have to join a site and meet some basic juror qualifications. You can then review and respond to case materials at your convenience.
The more requests I get, the more in-demand I am. As a result, I become more valuable and am in a position to charge higher coaching rates for my time. My rates for coaching have grown substantially when I first started, as now my time is more valuable. My time can now better be spent growing my passive income streams and building systems that make me thousands of dollars per month every month.
The drawback is that it’s slow at first, it could take 2-3+ months to see your first sale if that is your main traffic source. It’s also tedious in the sense that it requires a lot of effort link building, especially if you’re trying to rank for highly competitive keywords. For an in-depth SEO blueprint, check out our how to rank in Google guide for beginners.
It is also better to view ClickBank as a tool for generating leads, instead of hoping to sell 100,000 copies of your e-book immediately. Use ClickBank to drive visitors to your website, then get them on a newsletter list and market to them repeatedly. You may want to offer a contest or freebie along with the newsletter to encourage people to sign up with you.
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.
Interest in the niche. Passion/huge interest is a bonus. People really underestimate this point. You’ll be eating, drinking and breathing this product/niche for weeks, possibly months and years to come if it's successful and you start focusing on growing it. Having an interest in it makes things so much easier and helps you keep going when things get tough.
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 may take time to build that audience that turns views into dollars. The average revenue per 1,000 YouTube views is just over $6. But with enough videos for fans to scroll through, those views can add up over time. While you’re building an audience, you could also join an affiliate program related to your channel and make money online through affiliate links in your video descriptions.
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
Selling e-books and virtual goods are a popular way to make money online. Creating an e-books often take a few hours, weeks, or months to make and then can be sold in unlimited quantity without requiring any inventory or infrastructure. A great online service for any aspiring author is Lulu. This service allows anyone to write a book or guide on any topic and publish it in electronic format. The author can also publish a hard copy, which can be used for book reviewers and other publishers. Other sites that help sell and distribute e-books and other virtual goods include ClickBank, Createspace, E-Junkie, and Sellfy.
Not everyone is able to do this, being an affiliate is similar to being a marketer. There are people who can do meanwhile others cannot, Clickbank is not a means of making money, but more of a base to make money, acts as intermediary between vendors, affiliates and customers. You will work for yourself, find customers who would purchase the products you advertise but do nothing for Clickbank.