It’s so hard for me to see that people can make money. I’ve made low wages my entire life, and all my friends are dirt-poor too. Most of my friends work retail (I’m going back to school now for a degree in Accounting, and working freelance doing graphic design) and most of us barely make enough money to even survive with the most basic of things like food and rent.
Shopify is another great option if you are wanting to create your own eCommerce store. Shopify is arguably easier to set up than WooCommerce but will give you less control over your storefront and cost you more long term. However, if you have little to no experience of creating websites or using WordPress, or you are working to a very tight time schedule, then Shopify may be the perfect eCommerce platform for you.
According to The Millionaire Next Door, two-thirds of America’s millionaires are self-employed or small business owners. Half consider themselves to be entrepreneurs. Just 20 percent were professionals, such as doctors or lawyers, and 62 percent have a bachelor’s or no college degrees. Meanwhile, the average household income was $247,000 and the average household net worth was $3.7 million. And that’s 18-year-old data.
Have you ever wondered why restaurants are so packed, malls are so busy, and traffic is horrendous all the time despite the media droning on and on about the underemployed? Well now you know! More people make a lot more money than you think! There is a serious amount of under-reporting of income, and an obsequious amount of over-reporting of how bad things are.
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Invest in the stock market. Consider your investing strategy. You can buy shares of stock directly from a company by purchasing direct stock purchase plans. Many people use a reputable stock broker or online trading platform. Invest in stocks, mutual funds, and other financial products. Diversify your portfolio to reduce risk. Reinvest your money or convert it into cash.
Manage social media for businesses. If you have a knack for social media, you could potentially get paid to manage various platforms for others. Many businesses are too busy running day-to-day operations to stay on top of their Facebook, Twitter, and Pinterest accounts – and will pay someone with the knowledge and time to do it for them. To find these jobs, ask local businesses and check sites like UpWork.com and Problogger.net.
Anyone interested in making money online should be pursuing passive income, while also working on active income. There are loads of ways to generate an income passively on the internet, many of which start at the foundation of having a blog, generating substantial traffic and building an audience and a list. Is it easy? Nope. Is it worth it? It sure is. But that doesn't mean you need to start a blog to make money online today.
I’m a huge fan of blogging because I love writing and connecting with people all over the world. To give you an idea of what is possible with blogging, DollarSprout.com is part of a group of blogs that routinely brings in over $20,000 a month. While it takes time to build your blog up to that income level, you can get the initial set up done in under 30 minutes (no experience needed).
So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to publishing (and promoting) your first blog post in just 1 week. I can't recommend it enough.
Many big businesses are looking for social media influencers to become long-term ambassadors for their brand. This would involve you working closely with one particular band, and promoting their clothes, products, and services. You may also be restricted from promoting other brands, so check out the small print before agreeing to any long-term agreements.
At the same time please stay humble and follow the movement. Keep your success under wraps. You will have people trying to come after you, and you don’t want that. There’s absolutely no need to brag about how much you make and what you’ve done. It’s just going to backfire. The most successful people are ones who have no need to talk about their success. They let their success speak for itself because they’re out doing something more.
Many people fancy themselves as designers. If you have a unique idea for a new product then it may be time to get it designed. This can be a long process involving prototypes, discussions with factories, package design, and much more. However, the profits once the product is on the market could be substantial. And remember, with Amazon FBA, your products can all be stored and shipped by Amazon, giving you time to think up your next invention. Learn more about Amazon FBA with my How To Start An Amazon FBA Business Guide.
For those with a large Twitter following, you can make money from your Tweets alone with Sponsored Tweets. You could be paid for sharing a business’s information, recommending restaurants or hotels, or tweeting pictures of you using or wearing products. As with all sponsored posts on social media, businesses will only be prepared to pay you to Tweet if you have a large following that you can influence. So work hard on building up a loyal fan base.
If you have a background in a specific field, you may find there is a demand for writing industry papers in your area of expertise. For example, there are often adverts for doctors, lawyers, nutritionists, and business experts from particular niches, to write white papers on different subject areas. These are well paid jobs that you will need to stake your reputation on, but that can often be worked on from the comfort of your own home.
Robo-advisors are diversified investment accounts that are automatically managed by a computer algorithm (as opposed to a human money manager). If you want to invest, but don’t have the money, or don’t want to invest with a money manager, robo-advisors are for you! Robo-advisors make investing easier—and cheaper—so they’re perfect for new investors.