Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
However, I think that while the book has a walk-through for pretty much anything you need to set up your business sites, it would have benefited from real life examples. This would have made it easier for those of us who are still learning the process. The videos from the Resources section of the website the book has links to do help somewhat with that though.
You see, what the big publishing houses do with big offices of editors, writers, administrative staff… and then big printing presses… then distribution centers to get their books out to bookstores around the country… all to hopefully get books in the hands of customers… you can do on the computer you have right now. If that’s not massive disruption, I don’t know what is.
You can set up your own website and sell your ebook directly online. You might make a PDF available to your readers for example. A simple shopping cart or PayPal link and you’re all set. A reader visits your site, they order, and they get a download link and get your book. It’s pretty much all automated, and you simply keep an eye on things to make sure the site is running smoothly.
Autoblogs are blogs with bots. In other words, they are set up using 100% automation software and designed to put out blog articles on a specific schedule that can be controlled by you ahead of time. While this may seem like an interesting way to put our fresh content, this is often done using tools such as WordPress’s Autoblog feature which pulls articles from other sources. This is dangerous for some reasons. First, people will be able to tell that it is not your content. Google may drop you in the rankings due to duplicate content. But worse, you could be accused of copyright infringement which is a federal crime that carries a penalty of $250,000 for one offense! If it is clear that you are not saying the posts are yours, you might get by with showing others’ content, but this practice could be perceived as claiming the content as your own. Do not risk this!
Similar to e-commerce websites such as Amazon and OLX, a peer-to-peer (P2P) platform is a marketplace for money lending activities. You can lend money to others in a more organised and structured manner using the P2P lending platform. The P2P platforms have the recovery process in place and one should understand it before using the services of the platform. Since this is an unsecured loan where there is no face-to-face interaction, a P2P lender needs to be aware of the risks involved. Currently, the interest rate earned can be anywhere from 13 percent to 30 percent.
Ebay is a bellwether. It's been around since nearly the start of the online boom. But, like any other platform, success can seem fleeting if you don't know what you're doing. Selling items on eBay, professionally that is, can be an art form. Getting people interested in your auctions isn't always easy, especially when there's hefty competition and low demand for what you're selling.
UPDATE: After following all the information in the book, my website is built! However, that's where I leave the book behind. Some of the plugins recommended are way out of date now, so I'm doing some research on which new ones are the best. So, all in all, the book is a good starting point for your website, but once the groundwork is done, move on to something more up to date.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
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.
Then I connected with Princess Meggerz. Giving her age as “late 20s,” she lives in Brooklyn, seems forthcoming and down to earth, doesn’t take herself too seriously, and rakes in over $200,000 a year -- all of which she claims on her taxes. Her haul comes via cash and gifts from men who are happy to grovel online, fulfill Amazon wish lists, and send money via Western Union, all without meeting her IRL. They usually find the Princess through her website, meggerz.com, which commands, “Pay to obey.”
Before I lay out the exact method, you may need to lay your ethics aside because this is in a bit of a grey area. When I say that this is a blackhat method, I really do mean that. If you are the kind of person who wants to be completely honest to your clients, feel free to disclose what you are doing to the Fiverr buyers who will purchase your gig. This may net you less orders overall, but at least your conscience can be clean.
PS Joel also throws up the whole coaching idea in this book, and whilst it’s not at all passive I just wanted to mention it, because this is one of the ways to create a six-figure business for yourself if you are a true expert in an arena. ie you can use passive income info products (that generate say $30,000 a year) to pull in the customers for your 1-1 or mastermind style coaching service (that brings in say $100,000+ a year).
Medium is an online community where anyone can post articles and essays and get them in front of their audience of millions of monthly readers. While it can be a great place to build your audience for your own blog or find customers for your consulting business, with Medium’s new Partner Program, you can now make money online whenever someone reads your articles. Register for free and you can choose whether your articles are freely available or only readable by those people paying $5/month for a premium Medium membership. You’ll make money based on the amount of people who read and engage with your posts each month.
It’s sometimes hard to comprehend just how much people love t-shirts. And with the right niche, marketing, and tools, you can create an online t-shirt business that makes you extra money online while you sleep. (Even Bloomberg and Forbes feature stories from entrepreneurs who've done just that.) Services like TeeSpring make it easier than ever to create a t-shirt drop-shipping business where they handle the sales, printing, and shipping, and you’re only responsible for design and marketing. For more tips, check out this simple guide to launching and marketing an online clothing store by my friends over at Selz.
Sidetick – If you are a fan of social networks and you love to spend time on them, then this might be the right one for you! So, it’s a not-so-familiar social network where you can post everything you usually post online: pictures, texts, videos, blog posts… And they pay you for that. Of course, it’s not a big amount of money, but why not? You’ve got nothing to lose!
The same thing happened with Phillip Stutts. He runs a marketing agency that helps politicians use digital marketing. He realized that his tactics work extremely well for businesses, so he wrote a book about how most marketing companies don’t serve their clients, and how a company can audit them to get better results. What happened? The corporate side of his business more than doubled in a year.
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.
Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends and Google’s Keyword Planner to look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.
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.
PPS oh you thought I was done did you?! The other parts of the book, although not truly passive income generation focused, are amazing too. I know things like the low information diet and killing interruptions have made a huge difference to my success – and if I can try and get a little more consistency in my adherence to them, then happy freaking days!
If you have a knack for organization, you can make money online as a virtual assistant helping people to keep their days in order. A virtual assistant will do everyinthing from bookkeeping to research, database entry, booking travel, and managing email. It can also be an awesome way to rub shoulders with some very important people, build up your professional network, and of course grow another stream of income. You can find great gigs on UpWork, Fiverr, Indeed, and Remote.co.
i know that it isnt a dating site but i still got the usual sleezy requests for a peek at my body wich i found both funny and sad haha. but i like that it is also a lot like facebook and other social media sites i am a member of. by this i mean that you can make friends and have bonds over things you like, music, movies, news etc. of course the best thing about it all was getting paid to chat and let me tell you there are LOTS of lonely people out there willing to part with there cold hard cash for some1 to talk to!
You can also repurpose a book that is in the public domain. This means the copyright has expired and anybody can take the content of those books, and publish them, either updated or reworked in some way or as is. Did you see that book, Pride and Prejudice and Zombies that came out a few years ago? That’s a great example of reworking a public domain book.
If you want to sell products online, you may can it by creating your own website. As there's lot of competition and several existing websites in place already catering to this market, an attempt to create a niche in terms of products may be considered. Or, you can use the platform such as Amazon, Flipkart to sell. One can increase reach and visibility through affiliate marketing.
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that wouldn't offer any advantage to emptying a bank account. you'd still ahve to transfer fiat to an exchange, buy the coin, and then withdraw it. so unless the OP finds out his account was compromised immediately, e-mails the exchange immediately, and the exchange can double spend its on withdraws or something, it's unlikely that a faster coin is going to make any kind of a difference. and if it does, you'd want a coin with a good chunk of hashing power behind it that also happens to be fast, something like doge for example.
Hack for hire is possible, selling their 'hacking' skills as a service. However this will only work for a limited minority with the right connections as well as well as the right skills. Discovering and selling exploits and root kits is possible, selling pirate software, music and DVDs. There are grey activities such or bounty hunting exploits or Botnets for game gold farming, against T&C but not criminal law.