1. Join some wealthy affiliate programs
2. Select a product and find the low competition /buyer keyword.
3. Put your hard work to create unique and quality content.
4. post your contents with your aff- links
5.Keep monitoring and keep the focus on your content.
6 Earn your commission.
7. Repeat it in different niches.
8. Don’t give up keep focus.
Knowledge is power. Knowledge is money. If we want to make money without capital, then we need to be good at doing things others don’t.
Doing what we are good at to earn money, save that money, use that money to earn more money. Then scale things up.
Otherwise, you can check on a few financial related websites that need affiliates. Their commission is usually quite generous per recommendation. For example, e-wallets like Wisetransfer, Skrill, Neteller, Bitcoin e-wallets, or financial service companies… they all need affiliates. You can check them out if you are interested in marketing and believe you can find clients for them.
PASSIVE INCOME
Plus, Online Businesses help generate passive income.
Passive income is so powerful because the income is usually earned on an investment, or work completed in the past, and that continues to make money without any additional effort.
That means, without your physical presence, you could also generate money and have more freedom to choose the way you work. Whether you are traveling, taking care of your family, spending time with your friends, sleeping, you can still be making passive income.
One of the top digital forms of passive income is creating and selling digital courses. The demand for digital courses has been increasing dramatically in recent years. Many people have earned up to seven figures a year from this passive income stream. The following are the reasons that you can make money by selling digital courses:
- Low cost -
- Most courses are recorded and be used for multiple times
- No need to worry about producing a product - you are selling your expertise
- Many tools and platforms available to help you set up
- Ongoing Learning Program -
- Digital courses allow people to subscribe
- You could create ongoing lessons and you will gain profit over time
- With an ongoing learning program that will keep your students coming back
- It will build trust and more commitment to the relationships, and you will earn a lot by charging the subscription fee.
- Sell course licenses -
- You could create courses and sell licenses to those companies that don’t want to create the courses themselves
- You will only need to create the course and earn the annual licensing fee. This way of selling your online course can help you earn a lot.
- High margins! -
- Since you wouldn’t need much cost to create a digital course, you could have a high margin.
- For digital courses, you are also able to set a High Sales Price to increase the net margin.
- It’s common to see net margins up to the 70% range.
In short, an online business allows you to get rid of the huge costs associated with an offline business. You do not need to worry about inventories, high labor costs, retail space, and etc.
With a laptop and internet connection, you could start a business right away. Besides, it could become your passive income, which does not require your direct involvement and physical presence. You could even be earning money while traveling around the world.
1. Increase Your Productivity (The Speed with Which You Provide Value)
The first way that you can earn more money is by increasing your ability to get sh*t done and provide value at a faster speed.
Think about it this way…
Imagine there are two people who are equally skilled at their job as creative writers.
The first writer can write 1,000 words in 60 minutes.
The second writer can write 2,500 words in 60 minutes.
Who do you think will be more highly paid? Who do you think will get promoted?
Obviously, the writer who can get twice as much work done in the same amount of time (this is especially true if you’re a freelancer or entrepreneur).
Therefore, one of the best ways to get paid more is to increase your output by leveraging proven productivity tactics.
I’ve written extensively about productivity here on Quora I’ll summarize my best points here:
- Sleep 8 hours a night
- Workout for 30 minutes a day
- Eat a whole foods diet
- 80/20 your tasks
- Eliminate all distractions
- Work on a 50 minute timer and take a 10 minute break after it’s over
- Plan your days the night before
- Meditate for at least 10 minutes a day
- Outsource all low level work
- Change your work environment regularly
- Take plenty of breaks and 2–3 days off a week
Implementing the above tips can help you increase your productivity by 50% or more.
And once you are able to get more done in less time than your competitors or coworkers, you WILL start making more money.
2. Increase Your Skills (The Level of Value You Bring)
Once you are able to get more done in less time, you’ll want to find ways that you can get more done while simultaneously increasing the quality of the work that you’re accomplishing.
To do this, you will need to adhere to three simple principles.
- The Law of 1% and Intentional Practice: If you diligently work on your craft for only 1 hour a day and consciously IMPROVE by 1% each day you will be 365% better at your career/business in a year. That’s a HUGE leap.
- The Power of Education: In addition to improving your craft by 1% everyday, you must constantly seek out new and applicable knowledge that will help you get better at what you are doing. Read books, buy online courses, attend seminars. Do anything and everything you can to learn more about your skill set. If you learn one thing a month that improves how you work by 10% you’ve now added an additional 120% improvement on top of the existing 365%~
- The Power of Coaching: The best in the world ALL have coaches to help them identify their weaknesses and optimize their strengths. Whatever your current career path, you need a coach to help you go from good to great. I once hired a sales coach who helped me go from $8,000/month to more than $30,000/month in under a year. It just plain works.
When you commit to the process, educate yourself massively on your chosen field, and hire coaches to help you identify and eliminate your weaknesses, you will quickly rise to the top of your field and be able to demand any price that you want.
3. Increase Your Status (The Perceived Value of Working with You)
Have you ever watched Dr. Phil?
He’s a marriage counselor, author, and TV personality with an estimated networth of about $400 million.
An hour of counseling with Dr. Phil will run you… Oh, just a measly $40,000!
Now let me ask you a question…
The average marriage counselor charges between $75 and $150 an hour.
That’s less than 10% of what it would cost you to work with Dr. Phil.
But do you really think that Dr. Phil is 400x better than other marriage counselors?
OF COURSE NOT!
He might be good, but I promise he’s not that good.
So how can he charge such an outrageous price?
Simple… Because he’s increased his perceived status. (or value).
And if you want to make more money, you must do the same thing.
People want to work with high status people.
Period.
If you can increase your status by becoming a best selling author, driving a nicer car (e.g. Tai Lopez), setting public speaking engagements, and becoming a prolific creator on all major channels, then you can charge pretty much whatever you want.
Not because you’re better than everyone else.
But because the general public perceives your value to be greater than your competitors.
You can start small here.
Upgrade your wardrobe, create more content and get it published on major blogs, write a book on Amazon, do small things that make you seem more high status.
Eventually, you will reach a point where you never have to look for money again and you’ll have more business and opportunities than you know what to do with falling right into your lap.
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1. You can only earn money from your TIME or your ASSETS
If you work a job, you are earning money from the time you contribute, the time it took for you to learn the job skills, and the assets (knowledge) inside of your head.
If you rent out a house, you are earning money from your assets.
If you freelance, you are earning money from your time.
If you drive for Uber or Lyft, you are using your time and assets.
See the trend?
You need to provide value to someone else with your time or assets if you want to earn money.
Read that again. Let it sink in. Then read it again.
That’s how you earn money.
2. If you can’t invest money, you will need to invest time
Every month, I pay freelancers to do web scraping and data entry. They offer their time. They don’t invest any money, and they get paid. I’m doing this because it saves me time. Time that I can leverage to earn more than I’m paying them because of my knowledge and skills.
You need to choose if you’d like to trade your time for money, or if you have any assets that you can rent out for money.
3. Figure out what your talents and skills
Are you a great writer? You can earn a six-figure salary freelance writing. You can do it as a side-hustle. You can do it full-time. You can do it from anywhere in the world. You can start freelance writing without any monetary investment, and it’s one of the best freelance careers available.
Are you a great designer? Perhaps you can freelance graphic design. Even better, you can use software like Webflow, Wordpress, or Wix to build websites. Companies need logos and brand kits. But they pay immensely for web design and development.
Do you have a spare bedroom? An underused car? Can you rent out either? Can you drive for Uber or Lyft? Have you offered tutoring or coaching services for sports, academics, or music?
Do you have unique experiences that others would pay to learn from as a consultant? Make a list of your talents and skills, and put a star next to the ones that other people would pay to have.
4. Sell your extra things
Most of us have unused clothes, old electronics, or random luxuries we rarely use.
Sell them.
The monetary investment has already been made – just make the listings on eBay or Craigslist and sell them. This is probably the fastest, most reliable, and easiest way to make money from your assets.
5. Iterate and Improve
You’ve sold your items that you don’t care for. You’ve placed ads and rented out any assets possible for cash flow. You’re starting to look into services you can offer that people are willing to pay for.
What’s next?
Iterate and improve. Maybe you haven’t found the service you’d like to offer. Maybe you have, but you haven’t been able to successfully market your services. Maybe you can bake the best muffins in the world, but you simply need to reach out to more local coffee shops.
Figure out what you need to do to succeed. Find people who have succeed before you and follow their footsteps. Reach out to them for help.
P.S. Upvote if you liked this answer and you’d like to see more like it! If this receives enough Upvotes, I’ll continue to update it with more information and new ideas over time.
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