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!
My second question is this; who gets my 49 bucks every month? If this isn’t a form of MLM, what would YOU call it? If it quacks like a duck… I suspect my recruiter gets a piece, his/her recruiter gets a piece, and so on up the line, but you try billing ( bulling?) yourselves as affiliates, so you claim that, as an affiliate, WA is one of the niche markets you are promoting. Only your “commission” is really residual income, because you’re gonna get it from me month after month until I wise up and decide to join under you to get my own little spot in your pyramid. Sorry for the long rant. If you’d just answered ‘yes’ or ‘no’ to begin with, my fingers wouldn’t be so tired…and that is a half hour of my life that I will never get back!
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.
And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he’s made almost $13 million since launching in 2012.
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.
To that end, I am now looking at moving my budding domain before my first month on WA expires (sunk cost, oh well) and am thinking WP will be my best choice, price-wise; not being rich but still better than $360/year just to be part of a “community” of cheerleaders. I have my niche, I want to do affiliate marketing as well as a blog, and potentially an unrelated blog. I will find my own training and education in due time for a lot less $$$…I know a lot of people.
I’ve noticed that a lot of people who sign up for Wealthy Affiliate are those who are in dire need of financial help. They may have lost a job or may have suffered some other financial setback such as medical issues. The thing is, there’s no reason these people should stay away from Wealthy Affiliate, but many of them have this expectation that they can create a full-time income in a matter of weeks or even a few months. That is NOT the case. Remember, it takes an average business 3 years to profit. Fortunately, it will not take that long with an online business, but it will take considerable time and effort. If you need an income source fast, Wealthy Affiliate is not the place to provide that. Instead, Wealthy Affiliate teaches you how to build a real, sustainable online business over a period of time that will also last a long time.
Whether you want to become your own boss, start a side hustle, or earn extra money on the side, any of the strategies listed above can help. By finding ways to increase your income, you can free up more cash to pay down debt, save for the future, or invest for retirement. Saving money is only half of the equation. And if you truly want to get ahead, you might want to figure out how to make money – and hopefully, lots of it.
If you have a passion project, Kickstarter may be exactly what you need to get it off the ground. Celebs like Zach Braff and Melissa Joan Hart have used this site in attempts to fund their movie projects. Some crack dealers in Canada inspired a “crackstarter” campaign from Gawker for pictures of the Toronto mayor smoking crack with them. All you need is a dream, a goal, a budget, and a great pitch to convince people to come to the site and donate to your Kickstarter campaign. Panhandling isn’t dead – it’s gone digital…
Amazon and Google are far from your only options for online advertising. Rakuten Linkshare is a great place to search for other affiliates for your ads. Through their program, you can get customized ad links, email links, and banner ads for Starbucks, Walmart, iTunes, and a slew of other popular brands. With this program, you can also find smaller companies, regional or specialized brands, and more. I run a combination of Google, Amazon, and Rakuten’s programs, and my monthly income is approximately $150 from these programs. It’s not a lot of money, but it’s also not a lot of work for residual (it means recurring…since the ads are permanent…) income.
Many make claims to “keep digging”, your just a few blocks away and crap, and it’s enticing to see, but these days I steer away from the catchy dashboard headlines and money making attention articles that people post about. Not a minute after you mentioned Launch Jacking I had to look into it, and I read Jeff Lenney’s article. I actually can pin point a couple people who I can see doing this, and they are not the ones who have even tried out the product for themselves, or likely have an honest review, it’s just for the cash.