5 Money Making Methods
More and more people are looking to start a business now-a-days. Since job creation is still at a stand-still, and our future is uncertain, people have to adapt and create a future for themselves. Luckily, I got in on that early and have not had to struggle to find work. If you are one of those people that are struggling, there is no better time than now to create your own future.
To help you get started, I will provide you with 5 methods of making money from your very own home.
Start an actual service - I have coached and consulted many, and most of them want to make millions in the niche site market. The problem with that is that it takes time to build that kind of business. If however, you want to make money TODAY, then you can start by offering a service.
It is very easy to create a service based website. If you don’t feel comfortable with it, then you can always hire a web designer. But if you are in a slump and struggling, chances are that you cannot afford to go that route. You can however, afford a cheap hostgator account, and you know how to click buttons right? Hostgator offers one-click installs for many web platforms including but not limited to WordPress. You can even find open-source designs that you can customize with your name and logo.
Setting up your website is simple. After that, you only need to imput information about your service and your experience in that industry along with some contact information.
When you have your service-based website up and running, it is easy to get traffic to it. Sign up with services like MerchantCircle.com and utilize Craigslist. You would also do good to promote your site with blog hopping and guest posting, as if you were promoting your blog. The same marketing rules apply, as well as the same traffic benefits.
You can use PayPal, AlertPay, or Google Checkout to accept payments. When offering a service, be warned. Make sure you receive a payment in full or at least with a down payment to avoid possible fraud. If you accept checks or money orders through the email, or echeck payments, make sure they clear before starting work or you can end up wasting a lot of time with the wrong customers that have bad intentions.
TIPS:
- Services are the fastest way to make money online. If you don’t believe me, go to Craigslist and look under the gigs section to see how many people post their needs daily.
- Services can be sold worldwide right from your own home. With the use of the internet, and merchant services that allow credit cards and other payment transfer, there is no good reason why you can’t make money online.
- Services can result in word-of-mouth. Provide the best service that you can, and your customers will tell others about it.
Setup niche websites - As I said before, this takes time to build. But there is no reason you can’t do this while you are working your full time job, or while you are being paid for services. Over time, niche sites will rake in some decent dough.
A niche website is easy to start. You can find a popular niche with Market Samurai, other tools, or good ole’ fashioned manual research. Once you have your niche, you simply setup your website. Again, if you have hostgator this can be a one-click process. The content of the website itself should be rich with keywords, and using lots of related words to show the pages relevance to search engines.
When your niche site is up, you can link to it via your social network profiles and any other sites you have. You can also submit it to directories. Once it’s linked from somewhere, Google will find it. Work on inbound links, and get the site paying some money. Don’t look for riches with one site though. Accept only a handful of dollars a month from a single site, and proceed to create more niche websites with unique content. It will all add up to a respectable income.
TIPS:
- Niche sites can make little money by themselves, but pay your entire collection of bills when added up together. You want more than a few niche sites to make it work.
- Once you setup the first niche site, and promote it with articles and other methods, don’t hesitate to get started on the next one. If you can do 5 per week or so, you will have good momentum going for yourself and the money will come in faster than you can imagine.
- Niche sites can make money even if the niche is competitive. Don’t leave a niche on the table because you think it’s too hard to monetize.
Blogging income - As you know, this is one thing I like to do. I make a great income from this very blog, and I work entirely from home. As I sit here now, I sent my family off for the weekend on vacation while I relax with peace and quiet.
The success of a blog comes with lots of content and traffic. If you are capable of creating unique content on a regular basis, networking with others, and being consistent, then you can earn a living blogging for income.
When blogging, leverage is key. Make sure you solicit guest posts so that you can get others to provide unique content for you. Guest post on other high traffic blogs to leverage their traffic to trickle down to yours.
Blogging income comes from many methods. Those include affiliate marketing, CPA, AdSense, ad sales, paid reviews, and offering services on your blog. Make sure you have a good blend of those so you are not relying on a single money source.
Once you have a few hundred blog posts, you should have a steady flow of traffic from Google alone. But that does not mean you can skimp on the other traffic methods that you picked up along the way. The more traffic your blog gets, the merrier.
TIPS:
- Make sure that you write regular content. You can even schedule content ahead of time to be safe, and still update your blog while you are on vacation because it is automated.
- Utilize guest posts to avoid burnout. You do not want to abandon your blog because you can lose progress if you do.
- Don’t quit your day job waiting on money from blogging. It can take a year or two before you see a respectable income, or you may never get an income if you make mistakes.
Membership sites - I am saying membership sites, but that is not the only thing I mean here. A membership site is where you provide information or a set of tools, and it’s updated regularly. People will pay a monthly or yearly membership to access what you offer.
I like to also include other kinds of websites when I say membership sites. For example, you might have a real estate classifieds, or freelancer website. These kinds of websites make money from customer payments, and can build a large group of clientel.
To start a membership site, you can find turnkey scripts all over the internet. You can also use member plugins with WordPress and other software for the traditional membership subscription site types.
TIPS:
- With membership sites, it’s a numbers game. Work on getting lots of members. You don’t have to charge $100 a month to make money. You can charge $9.95 and it will add up with a good amount of members.
- Update your member sites regularly. If the site is informational, your members will want to see lots of new information all the time or they may not see a value in their subscription.
Ecommerce is easy - It may not sound simple with stories about all of those late night infomercial ripoffs out there. But keep in mind that selling stuff online is pretty simple with the right knowledge.
You can sell products from dropshippers, and use open-source (free) software for the shopping cart. If you decide to make products by hand though, you can use resources like Etsy.com to help you sell them.
With ecommerce, all you need is a product and some traffic. Building traffic to an ecommerce site is the same as if you were promoting a blog or service based website. Aim for real traffic rather than paying someone for “shortcuts”. In the long-run, you will save your money and earn even more by doing things the right way.
TIPS:
- Don’t fall into the trap of thinking that customers will simply find your website when they want to buy. Put your website out there on a regular basis with the various marketing methods found all over this blog.
- You can use services like Adwords, but be careful not to experiment with them if you are new to this kind of business. You can end up spending money without an ROI if you don’t know how to manage a campaign.
- Don’t rely on your ecommerce site alone. You can also sell on Ebay, Amazon, and other sites to help move product.
Opportunities are everywhere
It is easier to make money online than it is to find a decent job. Don’t let the stress of your current situation prevent you from pushing forward with a plan of action. The time is now. Back when I was a kid, I always dreamed about working for myself. It wasn’t until I was 21 before I made it happen. That was 3 years past the goal that I set for myself. The only reason I started late was because I lacked the knowledge to make it happen. There is no reason for that to be an issue for you.


In today’s failing, world-wide economy, the thought of making money online has become more popular every day. Dreaming about working from home and making a good income while you sleep or play with your kids has become a major topic on thousands of wish lists.




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