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.
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look att how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
There’s plenty of work and clients to be found. If you know where to look. To start, you need to know if there is enough demand for your skill to make it worth the effort to go out looking for work. Start by searching for freelance postings on sites like Flexjobs, SolidGigs, Contena, greatcontent or one of the dozens of other skill-specific freelance job boards.
The premium Wealthy Affiliate membership is where you get access to absolutely everything. If you’re serious about building an online business, I have never in my 8 years in this industry seen such an amazing community full of help, tools, and resources. I’ve been a member at several other online marketing sites, but this one blows the rest of them out of the water.
Mechanical Turk: Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online.
Regardless if you need to earn some fast cash or we're just talking about making money in the grand scheme of things, there's an important psychology that needs to be mentioned before getting into the strategies. If you study Freud's model of the mind, you'll discover the Psychic Apparatus. It's the three-part construct in your mind that controls all of your behavior.
Wealthy Affiliate is a good service if you’re the type of person who knows next to nothing about IM and wants a quick blueprint for how it works. There is better information out there, for sure, but what WA does well is aggregate that info and provide a very easy to follow, go-at-your-own-pace method for getting you up and running. I went through their first 2 courses in an effort to rate the quality and accuracy of the lessons they give you ad they’re really not bad. There were things I think which could have been done a little better, but all in all, I feel they provide a good primer for IM and getting started with WP.
As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things.
Another seemingly free site you can make money from is Wikipedia. People who say it’s easy to edit Wikipedia have clearly never tried editing Wikipedia – it’s a pain. Thankfully it’s a pain for companies as well, so many of them are willing to pay editors to assist them in the editing process. You’ll become a bounty hunter in a way, choosing your own lines to cross and keep. If editing is something you like to do, and you’re willing to put in the work it takes to learn Wikipedia’s dispute process, roll up your sleeves and try this one out.
There’s also the fact that Wealthy Affiliate is not and never claims to be a get-rich-quick strategy. You will learn how to build a real, legitimate online business and one that can earn you some serious cash, but just like any other business, it is going to take a lot of time, effort, patience, and support along the way. If you have realistic expectations, are willing to learn from those who have succeeded before you, and you’re willing to put at least 6 months into your business before you see any profits at all, then Wealthy Affiliate is a good place for you.
There is no autoresponder included. There are many affordable autoresponder services out there that you can get when you need it, but building an email list definitely should not be the starting point for your business. That will come down the road, typically when your website is getting a sustainable source of traffic. You will be learning all about this as you move through the elite, industry leading training at Wealthy Affiliate.
I then stumbled across WA, and thought hey maybe I’ll do this. But it seems to me that it might be better simply just to set up a wordpress blog and go from there. If I do want to start IM I can learn SEO all over the net. I saw that on WA you have to be a premium member to get comments on your wordpress sites however I am very sure if I set up my own WP blog I can get a plugin of some sort to have comments.
I don’t think that WA should promote the training platform by stating that one can have their business up and running in 3 minutes. However, I recognize that is a marketing ploy. I consistently tell my readers that affiliate marketing is NOT easy and requires a lot of motivation, determination and patience because earning substantial passive income will not happen over night.
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!
If you’ve never heard of extreme couponing, check out this lifehack on the subject. Once you’re versed on the idea, what you have to do is a bit difficult at first, but it’s a great way to both save and make money: go to hip2save.com and get a feel for the types of deals that are out there (both online and in the physical world). Once you’re comfortable with the process, start searching for the best deals in grocery, retail, and online shopping. After a month or two of extreme couponing, you’ll have enough cleaning, hygiene, and food supplies stocked up to save a noticeable amount of money. Now maybe you don’t need to make as much…?
Sorry I wasn’t clear I forgot I was addressing the very reason the gene pool needs a lifeguard. You must be hurting yourself by overthinking things. I will put you out of your misery. My reasoning for what I said is that I just don’t like you. Simple as that. I think you are very, very stupid. That’s all there is to it. The fact that you posted my comment has nothing to do with guts. It will very likely bring you a little attention which is the only reason you’ve published it. And Malcolm, you sir, are an oxygen thief! If laughter is the best medicine your face must be curing the world! I love what you’ve done with your hair. How did you get it to grow from your nostrils like that? Sorry, I must be “displaying my lack of intelligence” but then, how else would you understand me?
Tried to sign up through you on the 19$ discounted premium plan, but when I’ve signed up I was asked to pay the regular price. It’s a bit frustrating to know that I can’t sign up for free (from Philippines) then I was being asked to pay money upfront without even having the option to test it? I’m even willing to pay the discounted price because of all the other reviews I saw on the internet, yours is the most comprehensive one,and it looks legit so I wanted to give it a go, but if this will be the case I have to step back a bit.
Each item purchased through your Amazon links give you a commission. It doesn’t take high volume traffic to achieve results, either. I began making money with the program when I only had 1,000 hits per month on my site. They can apply your earnings to your Amazon account balance, issue you a check, or direct deposit into your bank account. If you love Amazon, you’ll love their associate’s program. Click here for another Lifehack dedicated to Amazon Associates.
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
WordPress comes free with cpanel which incidentally, Kyle at WA told me is outdated. I purchased a reseller account from Greengeeks which will host unlimited websites. Each domain has an independent cpanel which includes a load of free software (including WordPress) All this for only 20 Dollars/month. I recently built a dozen websites all with WordPress using that account. I think it could be done even cheaper if you shop around but I’m really happy with the service I get and no need to change. If you only want one website a cpanel platform from Greengeeks will cost you around 4 USD/month if you pay in advance. Of course you don’t get the “community” that comes with WA but you don’t get the brainwashing or stupid restrictions either.
Finally, if you’re only planning on “dipping your toes in the water” to see what affiliate marketing is all about, do not sign up for the premium membership. The free membership is more than enough for you to see what it’s all about. Premium membership should be reserved for those who are actually serious about building a real business for themselves. If you aren’t in this for the long-haul, there is no reason to waste your money.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
Hi Malcolm, this is going to be very entertaining. I myself am an ex-WA member and yet I am still listed as a “premium member”. I created a fake log in to check out some things and this was one of them. You’ll find that the reason Kyle claims to have this many people he follows is because it is a figure that has accumulated over the years but at least 50 – 70% of them are actually not even there anymore. Make the most of your time there incognito because you only have a week before they isolate you from chat and commenting. I look forward to your follow-up posts.