"Not only is Mike one of the most innovative small business authors of our time, his Profit First system – simple to apply and impactful in its results – can be the difference between constantly walking the financial tightrope or being predictably profitable. And a predictably profitable business is not only less stressful and more gratifying, it allows you to focus on what really matters…serving your customers!"
Set up the site. Choose a website building platform, such as WordPress, Joomla or Drupal. Next, choose a domain name and web hosting for your site. The domain name is your web address. Web hosting is a service that connects your site to the internet. Once you have your domain name and web hosting, go to the control panel of your hosting account and install your website platform. Design your website by choosing and installing a theme.
Tip #16: Sponsored reviews help you get your hand on products that haven’t yet reached the market yet. Many gaming related YouTube channels receive access to games as beta testers and some tech websites are able to get their hands on new laptops and graphic processing units before, they hit the market. This can offer a significant edge over your competitors.
Amazon will have you work on micro-projects that require some sort of human interaction. Tasks can include translating a paragraph into English (or another language), rating the search results for certain keywords, or reworking an article. The tasks are simple, and you will be paid a small amount to complete each. But if you do enough tasks quickly, you can make a respectable amount of money.
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.
And as for advertising on behalf of others, via any of the multiple previously discussed methods. Always ask yourself “Would I buy this service/product that I am recommending if I have the same requirements as my readers?”. It’s far easier to convince someone else to purchase something if you are convinced about the quality of product you are recommending.
Outsourcing is the new and dominant wave of the business world. As businesses shed employees, they increasingly turn to independent contractors to supply what in-house staff used to do. One of the ways they do this is through virtual assistants. These are people who provide certain tasks online. Businesses can use virtual assistants as much or as little as they need to. If you can make yourself available to multiple businesses, you might have plenty of work without ever leaving your house.
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.
Salvage and resell. Do you love antiques or have a knack for finding valuables at flea markets or yard sales? If you do, it might be time to consider salvaging items for resale – or even scouting out antiques to sell for a profit. While you’ll need to spend quite a bit of time searching for prospects and spend some money buying upfront, you could easily turn a profit if you know what you’re doing.
There are several ways to turn a profit on domains purchased as an investment. Here are several ways ranked in order from lowest investment in time/money to highest investment in time/money. Contact potential buyers directly about a specific domain to see if they are interested in buying it from you, for domains that have natural direct traffic you could put ads on the site to earn advertising income off of the traffic the site is getting, put ads on the site and drive traffic to it (same as previous but with this method you are actively driving traffic to the site), fully develop the site (there are a lot of people who will buy a fully developed website if it is getting a good volume of traffic, especially if it has an established income stream).
Now next, you’ll want to pick a WordPress theme from somewhere like ThemeForest, Elegant Themes or OptimizePress. This is the barebones design of your site, which you can then customize with your own branding, copy, and images. That being said, you don’t want to cheap out. It costs less than $100 to buy a theme that will make your website look professional (and you can upgrade to a completely custom design once you get the business going).
Another important thing to remember before monetizing a website is that you should come up with a blog sales funnel and know how to convert your website visitors into leads and then into customers before you even launch your blog. That’s how you will get better ideas on how you can leverage your website traffic and make the most out of it by making money.
A website called AchieveMint gives you points for engaging in healthy activities, like exercise, tracking your eating habits, or even taking health related surveys. Points can be redeemed either for cash (10,000 points are worth $10) or for Amazon Gift Cards. The app actually connects with other health apps, like Fitbit and MyFitnessPal, to track your progress.
Webinars are quite possibly one of the most potent ways you can make an exorbitant amount of money online. Russell Brunson often says that if you do a webinar every single week for a year, you'll be a millionaire at the end of it. You'll need an audience to train and you'll need to know what you're talking about. Of course, this usually requires having a website and some semblance of an online presence.
YMCA Canandaigua is an organization that works to strengthen the community in Canandaigua, New York by offering a variety of Y programs to all regardless of age, income or background. We partnered with them to design a nonprofit website to serve as a resource for those who live in Canandaigua. For an organization that relies heavily on their nonprofit website, we built them an easy-to-maintain and customized website that comes with, customized graphic design, high-quality security systems, and a SEO-compatible site.
If you want to clear some space out in your house and have a big stack of books you’ve been holding onto for too long, you can make money selling your books and textbooks online. Stores like Half Priced Books and others will give you cents on the dollar for each of your current books while you can check what your book is worth by simply entering the ISBN number on Book Scouter.
Raising the level of interest of your prospects is a key to increasing your business. For example, if one out of every four prospects becomes a customer, you can greatly increase your business without increasing expense by simply increasing the percentage of prospects that become customers. This is one of the areas that a website can really shine.
It is acceptable to make micro niche website but only if you can offer content that it is not possible to find elsewhere. If you are writing a post about “how to make money” it will never ever rank on Google because there are millions of articles about this topic written before. However, you can get much more creative and write your article titled “how to make money from birch syrup”. Most likely no one has ever covered this topic and being first is a huge advantage. Another option is to offer better content than anyone else. We can use the same “how to make money” article as an example. if you write another post 500 words long it will never get noticed by Google. But you can be more creative and make a huge study out of it and write a 10,000+ long article with graphics, images, spreadsheets and much more. That way you dramatically increase your chance for getting noticed by Google. Writing articles like these will take you several weeks or even months but it’s doable.
Writing copy for websites is another great freelancing option for those who have a way with words. Copywriting can involve writing the text for websites, press releases, promotional offline materials including leaflets and brochures, and any other professional text for businesses. Writing copy can be better paid than blog writing. However, clients can be more fussy, as they want the highest quality writing for the forefront of their website or advertising campaigns. Many freelance writers offer both copywriting and blog writing amongst their services. This can be a good way to juggle regular but lower paid clients (blogging) with the higher paid but ad-hoc project based copy work.
In his follow-up to the cult classic The Toilet Paper Entrepreneur and the game-changing book, The Pumpkin Plan, author and entrepreneur Mike Michalowicz details the cash management system that will ensure any business – of any size, in any industry, no matter how much debt it carries or how many years it has been operating— will become permanently profitable.
Hold a yard sale. If you have a yard or garage and plenty of items to sell, you can have a yard sale as early as tomorrow. By advertising your sale on local Facebook pages and Craigslist, you can also skip the paid newspaper ad and keep all of the profits for yourself. If you don’t have time to price everything, try asking patrons to “make an offer” or grouping similar items on tables with an advertised price (e.g. everything on this table is $5).
No matter what method you select for generating your online income, there's one very important thing to understand. Today, across this globe, with its 7+ billion inhabitants, there are two recurring things that people are looking for more of. Either people want more time or they want more money. The truth? Time is far more valuable than money. You can't recreate time. Once it's spent, it's gone forever. Not money.