No matter what method you choose to make money online, understand that you might be able to make some money fast, but for the sizable returns, you'll need significant sweat equity. However, a year from now, you'll be happy you started today. Remember, time is far more valuable than money. Focus on creating passive income streams that will free up your time so that you can quit the rat race and focus on the things that matter.
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.
The problem with WA is… they don’t put their members through any sort of review process before they let them set off into the world of internet marketing. Sure, they do provide the resources and coaching needed to make it in IM, but they also do a good job of making it sound so easy. I feel like a lot of folks sign up thinking it’s going to be a convenient way to generate income once they know how to post a blog, install a few plugins in WordPress, and get their affiliate links added.
With so many products being launched all the time, it must be because there is a high demand. And if there is a high demand for products showing people how to make money online, that must mean that there are lots of people failing at making money online. That means one of two things: either making money online is really hard, or these products don’t really succeed in showing people how to make lots of money online. I mean, there are product creators out there who launch multiple products per year. Why? If their first product was actually any good, they shouldn’t need to release anymore.
With that being said, I think that anyone who joins WA with the expectation they will make it big overnight is destined to fail. But, can we hang all of that on WA? Maybe, you don’t recall, but within the early training, the co-founder explains that your success will depend on you completing the training and putting forth the needed effort. I have seen many fall be the wayside because they do not put forth the effort and don’t complete the training. The want to move forward doing things ‘their way’ and they hardly put in any time working to build their business.
But the main method that WA teaches these days – blogging about your favourite interest in the hope that some people will click your affiliate links and buy stuff – is a long hard road, and one that has a high chance of failure for a lot of people. But if you fail, WA will just say that you gave up too soon. What a convenient get-out clause for WA! If you succeed, WA takes the credit for showing you how to do it. But if you fail, it’s your own fault for giving up to early.
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
Recent corporate changes and folding 2Checkout into a larger company that is involved in payment processing and e-commerce means that the affiliate program can sometimes feel somewhat neglected. But the ability to generate custom coupon codes and the comprehensive knowledge base make 2Checkout a good option for experienced affiliates with an established user base. But if you’re just entering the affiliate field for the first time, 2Checkout might not be where you want to start.
It was a bit of fun fo a while Marcus but I must admit that I got bored with “The Community” and deliberately engineered my ejection from it. The whole process took a matter of minutes after I got into a live chat and dared them to chuck me out. It was then that I had my wrist slapped for disrespecting a so called “Ambassador”. What a joke! I stated that I have no respect for authority in the real world so that little group meant nothing to me and I would say whatever I like. Didn’t take long for one of them to report me to their god and I then got an on screen message to inform me that Admin had revoked my write access. Really did me a favour as I don’t think it would’ve taken long for real insults to start flying. Some of the long term members there seem to be badly infected with the WA bug and have serious delusions of grandeur. I noticed that a lot have psychological problems and other illnesses which prevent them from having a “proper job” and are not shy to share their personal problems with fellow members.