There's so many different ways to make money online, but here are a list of just a couple that are all really simple and inexpensive to start, which each has the potential to generate you enough passive income to live a very comfortable lifestyle.
Start A Blog
I know it might sound hard, slow, and boring, but it doesn't have to be.
Pick something you know a lot about and are passionate about already.
The main tools you need to get started are a custom domain name and a web hosting account, both of which are only going to set you back a few dollars.
Then you can use a free tool like KeywordTool.io to get ideas and suggestions for topics to write about and over time you'll start to attract organic traffic from the search engines.
Once you get traffic making money is easy.
Sign up for affiliate networks and mention relevant products and services in your blog articles or add banners the sidebar of your site and eventually you'll start making money from creating content about something you already enjoy talking about even if you weren't getting paid for it.
Create A YouTube Channel
This is a very similar strategy to starting a blog.
But some people don't like writing, and that's ok.
If you're more of a video person, create videos instead.
To get some traction and traffic quickly to your channel you can follow the same keyword research approach with starting a blog.
Select a topic or niche that you're already passionate about then use a tool like KeywordTool.io to find long tail keywords relevant to the topics you want to talk about.
The advantage of targeting longer tail keywords is that they're far less competitive than shorter keyword phrases, which means they're easier to rank for.
Be sure to include a call to action at the end of your videos to get people to take action or prompt them to click your affiliate link in the description of the video.
And to increase conversions I would highly recommend offering some sort of exclusive bonus related to the product or service you're promoting to get the visitor to buy through your affiliate link as opposed to some other marketer promoting the same thing.
Publish Online Courses
This is really really simple.
And platforms like Udemy and Skillshare make it very easy.
Just take something you already know how to do...
Divide the steps into bullet points...
And then record a video for each step of the process...
Then put it all together.
I've personally generated tens of thousands of dollars over the years publishing simple online courses with zero dollars spent on marketing.
If you're interested in learning how to do the same thing check out my course IMSource Academy which teaches you my process for cranking out these courses quickly.
Build An Email List
Everybody's looking for that magical "push button" system for making money online.
Well, it definitely exists and it's called an email list.
If you don't already have one you should absolutely be building yours.
Having an email list is powerful because it gives you traffic on demand at your fingertips.
The heart of an email list is an autoresponder.
This is the tool that gives you the ability to segment and communicate with your email subscribers.
In addition to an autoresponder you might also consider investing in these resources...
ClickFunnels - a drag-and-drop landing page builder
ClickMagick - a click tracking software (very important if investing in paid traffic to build your list)
Trafficforme - a reputable solo ads vendor, if you're wanting to build your email list quickly
ClickMagick - a click tracking software (very important if investing in paid traffic to build your list)
Trafficforme - a reputable solo ads vendor, if you're wanting to build your email list quickly
Publish Amazon Kindle eBooks
Amazon is a MASSIVE marketplace.
So, how would you like the opportunity to be able to step right in front of all that traffic...for FREE?
Well, with Kindle eBooks you can.
It's 100% FREE to publish to the Kindle marketplace, which makes it pretty difficult not to make at least some money.
But, I'm sure you want to make more than just a couple of bucks a month.
So, if you're interested in learning how to generate a comfortable full-time income publishing Kindle ebooks, I recommend investing in a K Money Mastery.
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