LOVE Scott’s energy! Business/money can be a pretty dry and boring topic depending on who’s doing the talking and that is definitely not the case with Scott. Keeps me engaged and motivated. Also, what an awesome ‘radio’ voice. Highly recommend!”– Britany Felix
flowing. Of course, you also have to compete in a crowded global marketplace, create an entirely new niche, or both. It ‘s the kind of work that keeps you up at all hours. The sweat in sweat equity is real. No way do you want to go near this game when you could run a hedge fund instead.
The plan is good an it worked for me. I always had a nice house an decent cars . The wife worked part time an in later years made reasonable money as a teachers assistant. During the years my son was in College at a top school we spent almost nothing on ourseleves or the house and were able to pay almost all the cost out of current income. I retired at age 56 when I was offered a corporate buy out . Its been 10 years an I have never looked back. My Net worth now is in excess of 2.5 M.
According to Jen Smith, her parents were intelligent, hard-working adults. Unfortunately, they always lived paycheck to paycheck. Jen eventually married her husband, a construction worker who made just $8 an hour, and drifted from one minimum wage job to the next. Eventually, she realized that she was just one missed step away from being homeless.
Not only that, but when you think about your 10X goal, you’ll probably have ideas that scare you. When you do work that scares you, you cross a boundary that most people never cross. Scary work is often highly profitable and valuable work.
I would like to know more about your website and what would be the real costs of making money online for real? I do respect your comments, but I do want to know what I will have to put into this site, which you say is free?
Choose one to three target markets outside of where you are currently operating and identify would-be competitors there. What do they charge? What products do they offer? Call or email these companies as time permits, and introduce yourself. Tell them you are doing research, as many will be happy to lend some advice or tips. In a worst-case scenario, you will find that there is no way to expand abroad, but you will probably come across another product idea or customer acquisition strategy by completing the research and seeing what the industry is like within other regions of the world.
Step one. Figure out an area that is “hot”. For instance, Facebook marketing is inning one. Better tests for personalized diagnostics of age-related diseases is in inning one. Understanding the root causes of depression is in inning one. Combining mobile with social is in inning one. Self-publishing your book and marketing it is in inning one. There are probably 30 more areas I’m neglecting to mention. Maybe 100. Or 1000. Start listing them today.
I’d encourage you to not get overwhelmed, not try to learn everything. Pick one niche (like single family houses, commercial properties, etc.) and one strategy (like rental, flip, etc.), and focus on that. Read one or two books on the subject, and then start moving! Find someone local who is doing the same thing as you want to do, and take them out to lunch. Ask for help, but how long did it take warren buffett to become a millionaire stop moving!
However you need to understand that there isn’t a magic system. There is no way to make millions overnight. Internet has a huge potential and you can earn an insanely awesome amount of money but you will need to put in the time and effort into it.
Great article Megan! Anyone serious about making money should definitely check out Affilorama. It teaches you how to make serious money online w/ affiliate marketing. I quit my job and now I make ALOT more money all online 🙂
Whether you are looking for an easy way to make a few extra bucks, a method that’ll enable you to make enough to pay a bill or two, or even an online opportunity that will help you make a living, I am sure one of these 53 money-making ideas will serve your purpose.
Get freelance editorial work. Maybe you don’t want the commitment of a blog but like to write or express your creativity. You’re in luck because plenty of media, corporate and nonprofit Web sites are looking for freelancers to write, edit or produce content. Some pay by word, some by the hour and some pay per project.
Now that we’ve identified the funnel, it’s time to maximize it. This simply means that we look at each and every step in the funnel and try to determine the best way to increase our conversion percentages or increase the revenue.
Currently, across my sites, I make over 5 figures every single month. It varies from month to month depending on the niche and what I’m promoting but every month I’m guaranteed to make at least $15,000.
A great way to get promoted at work is to show you do not get upset easily and prove you can stay composed when not everything goes according to plan. Try to come up with different imaginary scenarios requiring you to use your EQ skills and work out the possible solutions to them.
Extra: What a tip? Start by resisting the temptation to improve your standard of living too quickly. It’s fun when you start going to fancier restaurants and living in bigger houses but there’s no going back (or at least without major pain). You can always spend more later, and there is absolutely no rush.
I personally love anything to do with affiliate marketing. One site I usually promote is the company Envato (Mainly because I am a web designer). They have a website called http://themeforest.net. They have an affiliate program where if you drive traffic to their site and they pay for something, you get a portion of the profit.
Great article Jeremy! I couldn’t agree with you more. I guess the moment we start earning, we should start saving – I truly believe in this and I have been doing this- it really works! My rule is to – plan – stick with it – and work hard for it! You have to be a crazy hard-worker if you wish to take the lead!
10. Add Zero’s. The single biggest financial mistake I’ve made was not thinking big enough. Whatever your financial target add a zero. If your income target is 60,000 add a zero. If you want your net worth to be one million add a zero and make it ten million. There is no shortage of money on this planet, there is only a shortage of people thinking big enough. And the best way to add a zero in the real world is to attach yourself to the revenue which ultimately means sales. Learn how to sell, negotiate and close your own deals and you will add zero’s.