Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he’s made almost $13 million since launching in 2012.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.
Upwork: This website offers a great marketplace for selling just about any professional service. You don't need a merchant account, website of your own or anything else for that matter. All you need to do is be able to provide a high-quality service at a reasonable price. But be informed, you will have to compete with many others that are constantly bidding on open jobs.
FREE Lifetime Account. Once again this is not a limited 7-day free trial, requiring a credit card like many other business opportunities offer. This lifetime account for Wealthy Affiliate is completely free and you will gain access to the most successful online community in the world. You will also get the “Getting Started Guide”, 2 free websites, a free keyword research tool and much more.
You may find the odd negative review out there from a “competitor” or someone promoting a competing product. That happens. There are also many frustrated business owners in the industry that are offering low quality products, that get frustrated that they cannot compete with the services offer at Wealthy Affiliate. What they offer within their premium membership for $359 per year, there are companies charging $10,000’s for FAR LESS.
It’s a great way to make passive income. Of course, when I say “passive”, this doesn’t account for the time needed to spend building or maintaining your WordPress site. However, in terms of having to promote these affiliate links, you can put in as much or as little work as you want to drive traffic to them. This obviously makes this a great option for a passive income stream if you’re not in the business of e-commerce.
As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things.
A multinational company may set up affiliates to break into international markets while protecting the parent company's name in case the affiliate fails or the parent company is not viewed favorably due to its foreign origin. Understanding the differences between affiliates and other company arrangements is important in covering debts and other legal obligations.
Hey Frank, I am writing to you because I have also been struggling with Inbox Dollars. As you mentioned they should have called it Inbox Pennies. After trying the inbox site and finding out that more than half the time I’m not qualifying for the surveys, I have become quite frustrated. Also the spinning billy is a barrel of laughs! Another reason I am contacting you is in the hopes that Wealthy Affiliate is on the up and up. I have tried a few other online money makers that I payed for, but backed out after learning more about them. I am disabled and in dire need of more supplemental income. Hoping this site is really legit. Hopes for the future, Duane.
If someone cancels an order it won’t disappear from the Orders report, it’ll just never appear under Earnings because the item never shipped. Bear in mind that some items take a long time to ship, or may be temporarily out of stock. It could also be the customer asked for the complete order to be shipped at the same time, which would delay earnings if all ten products are from the same customer order.