Considering that you have a finite amount of time, passive income should make up a large part of your work. And if you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Simply this. Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income?
I am not tech savvy, but I would like to open a website which allows me to sell my art and provide online classes for a fee as well as e-projects. Could you provide suggestions as to how to go about achieving my goals? Domain, hosting, how to obtain a commission from the products I use and would recommend on my workshops? I thank you in advance for any assistance you might be able to provide me and I am grateful for the immense information you already did share here.
Squarespace & Wix are GREAT for just getting off the ground with your business, and could be a great way just to start but in the end you should be weary of the website you are dealt. You will be limited by their functionality and how they operate as a business. If the platform you chose goes bankrupt tomorrow, your whole website and all the content may be lost. With WordPress, specifically WordPress.org self-hosted CMS, you don’t have to worry about most of that.
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 namingforce.com and squadhelp.com. If you dream of coming up with witty copy, try coming up with company slogans on Slogan Slingers and Get a Slogan.
Sell stuff online. If you have high-quality items to sell, there are a slew of online marketplaces you can use. Just make sure you understand the fees associated with your sale before you take the plunge. Where neighborhood Facebook pages and Craigslist ads are free, many online marketplaces or consignment shops charge for ads or require you to fork over a percentage when you make a sale.
Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.