So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
I’ve thought about the psychology of financial domination, and what drives guys to just give away money. Some feel like they earn money and don’t deserve it. They see themselves as inadequate and believe that somebody better than them should be taking it. It turns them on to not be in control of their finances; I’ve had people ask me to blackmail them, but I don’t do it -- I’d rather not wind up going to jail and have no interest in digging up dirt or pulling off extortion scams. Whatever the case, though, the more they give up, the hotter they get. They masturbate as they send me money. It’s like other guys looking for porn online. A guy watches his money shipping out and his horniness escalates. He sends the 10th tribute of $100, realizes that he has never before given $1,000 in a single session, and it makes him crazy. He gets into that submissive space where he just can’t control himself. It’s like any guy who gets super horny and is feeling instead of thinking.
If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
For the most part, everything is online and I don’t need to meet any of these men. That’s the way I like it. But there was one guy, who’d randomly send me $1,000 a month, and I actually got together with him. He lived in London and got sent to New York for six weeks. We met and he fucking fell in love with me. I stayed with him in his apartment in Chelsea. He paid when we went out to do things. We slept in the same bed and I made out with him when I was drunk, but it was clear that we were not going to have sex. He didn’t give me cash in New York, but as soon as he got back to London, he completely wiped out my Amazon wish list, which had like $6,000 worth of stuff on it. He bought me everything.
Thanks Matthew, great article. I noticed on the email I received about it that you state “Pro Tip: If you can string a sentence of English together, the quickest and easiest way to get started is as a freelance writer. I pay thousands of dollars per month to freelance writers and it’s a skill that most people have.” but I don’t ever see such expenses on your income reports so why is that?
Becoming a VA can entail some degree of training or briefing, depending on your qualifications. However, if you have good communication skills and are capable of using applications like MS Office, you can just sign up on sites such as Elance.com, 24/7 Virtual Assistant, Assistant Match, eaHelp, Freelancer, FlexJobs, People Per Hour, Uassist.Me, Upwork, VaVa Virtual Assistants, Virtual Staff Finder, Worldwide 101, Ziptask, Zirtual and so on. A VA my expect earnings in the range of Rs 500-Rs 4,000 per hour.
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).
There is enough material available online to help create your own website. This includes choosing the domain, templates, and the design for your website. Once ready to service the visitors with the relevant content, sign up for Google Adsense, which when appear on your website and clicked by visitors help you make money. The more the traffic you get on your website, the more will be the potential for higher earnings.
Today, if you're at all serious about succeeding in any endeavor, whether online or offline, you have to deliver enormous amounts of value. Yes, you have to do the most amount of work for the least initial return. This is especially true online. Why? Because it takes time to build authority and create an audience, two primary ingredients necessary to succeed in the wonderful world of commerce on the web.
Don't sacrifice morals for a quick buck — At the outset, you'll want to do all sorts of things to make money online, but don't sacrifice your morals for a quick buck. Not only will you put people off, but you'll lose Google's trust. You also shouldn't concern yourself with things like Adsense or other ads on a blog before you have around 100,000 visitors per day. Yes, per day.
Some people will try to have sexually explicit conversations with you. It won’t happen very often, but it’s still a possibility. It does seem strange at first - why would people bother calling Flirtbucks for that when they can just call an actual phone sex line? Part of me thinks there’s a thrill trying to get something that wasn’t part of the usual service.
Fox’s book is a little outdated now, but the alternative passive income streams he mentions includes straight up blogging (with the advertising and affiliate marketing as the natural monetization strategy), but also podcasting (don’t agree with this so much as a direct revenue stream) and vlogging (video blogging / web TV, whatever you want to call it).
Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant products.
If you've developed valuable skill sets or picked up certifications within your industry over the years, offering your consulting services to local business owners can be a lucrative way to make money online. Whether you're an expert marketer, business strategist, or manufacturing aficionado, there's likely a local business owner who's willing to pay you to help them solve an issue with their company. Start with this 18-step checklist to becoming a local business consultant from Karyn Greenstreet and then use my guide to crafting an effective cold email to convince them to hire you.