You don’t need to come up with a great idea to be a successful online entrepreneur. You can just ape another successful venture. However, you need to target a totally new market or segment. For instance, a popular Indian e-commerce store copied the Ebay formula to become a giant business in the country. There are so many Fiverr clones which have been started to target a niche audience or offer a service with a twist. A Fiverr clone allows people to buy and sell stuff in 3-hours. That’s all the creativity and innovation that you need.
Rather than making money through subscriptions, YouTube channels are based on a traditional advertising system. Meaning the more viewers you get, the more you make. Once you’re approved for the YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2-$4. Which might not seem like a lot, but if you have 100 videos with 5,000 views a month each, that would be $1,000–$2,000 already. Just imagine if your videos start hitting millions of views!
Most of the people think that Clickbank is just another affiliate network, but that’s far from the truth. The platform is simply a large marketplace for product creators with a massive list of affiliates. Product creators pay Clickbank to list their product, Clickbank uses its massive affiliate follower base (me and you) to promote those products and everyone gets a cut. Simple, right?
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.
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.
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.
Take your solution to the ONE problem you’re solving and break that solution into Milestones. (i.e. If you’re a relationship coach who helps clients save their marriages, perhaps the first Milestone would be re-establishing communication. Then the second Milestone might be identifying the major problems. The third Milestone might be establishing intimacy, and so on.) You should have about 6-10 Milestones when all is said and done.
Bula Miliana. You’re right, a lot of online income opportunities only work in some countries. Paid surveys etc. But I believe you can still access sites like Upwork and the like? If so, starting a service based business could be a good way to start an online business. I’m not sure what your skills are but if you have administration skills or know how to use WordPress, you could become a virtual assistant. The pay rates vary (but I think a beginner virtual assistant with good skills would earn at least $5/USD per hour and I know some VAs who earn over $25USD/hr when they are experienced and have a good client base).
Very high commissions: Most ClickBank products pay 70%+ commission. You read that right. So in that case, if you sell a $100 product, you earn $70. You might think that’s way too high to be real, but it is. They’re mainly able to do that because most of their products are digital, which means there are no “production” costs, “shipping” costs or any other costs that are usually associated with physical products, hence the high commissions.
Thanks for the informative post. I certainly agree that there are many poor quality products on Clickbank but there is certainly an opportunity to make money through Clickbank. The trick as you point out is to sort the good from the bad. Personally I will not even consider a product with a gravity lower than 10 but prefer a gravity above 50. Like everything we do it is about doing good research first.
Whatever you’re coaching, sessions should be at least 45 minutes to an hour. Anything less won’t accomplish much. In a group session, this allows enough time to give everyone a little individual attention while still maintaining the group dynamic. You’ll also need time for introductions and all the little “getting to know each other” interactions that aren’t content-related, but build the rapport that helps you teach more effectively.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time online personal trainer can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out this interview with several fitness blog owners who are making a living online, from MonetizePros. As well, I'd recommend checking out this resource if you want to take this business idea seriously and get started with a business plan for your personal fitness trainer business today.
Now you’ve got many different options to start earning online. If you saw something that really interests you, try it out and learn more about it. If you’re really wanting to make a full-time income online, you need to be dedicated to learning how to do what you want to do. There are tons of free resources out there. You just have to search for them!
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for articles and content you write. Think of the sites you read regularly. What can you contribute to them that would be interesting? Research your niche and then look for ways to pitch articles. Many sites will simply have a submission or contact link in the footer. To get started, check out my full guide to becoming a freelance writer on the side and then submit your articles to places like Listverse, TopTenz, A List Apart, International Living, FundsforWriters, and Textbroker.
This is the best course on how to make money on CB I've seen so far. It takes you from the most basic things that you need to know to the best ways to really make money from CB. Kc Tan knows his stuff really well because he practices what he teaches and gives us real examples. I really like this course and will definitely recommend it to anyone who wanted to start making real money from CB affiliate program. 5 stars!" – Frederic Talis
All you need to get started is a USB microphone that you can find in virtually every electronics store or on Amazon. Remember, the vast majority of voice overs are not for a Hollywood movie. They're for testimonials, reviews, narration, and voice prompts on business phone systems. Voices.com and VoiceBunny.com are two of the big players in this space to look into.