My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
Thank you very much, Craig, for this review! It is very honest- one of the best reviews of WA I’ve ever seen! I am also a member of WA for more then a year and I’m promoting WA on my site and I have only one premium member there- WA has become only a cost and burden for me. What do you recommend me to do with my site on which I’m promoting WA because it doesn’t bring me the money?
Hey Malcolm, Why don’t you ask this, ” I an considering going premium and was told if I wanted to leave wa I would have 30 days after cancelling to move my website but I have found several people online who say they cancelled and wa immediately blocked their access to download plugins necessary to move their site. These people said they had to pay for a month of premium to actually get access to move their sites and their emails to kyle and carson were ignored. What is the exact policy on this?”
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look att how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
My advice would be to take the money you would spend on WA and invest it in Treehouse. They offer very high-value information across a broad range of topics, from deep dive programming tracks to SEO, plus the community experience there is so much more rewarding. The knowledge and skills you would gain from a Treehouse membership would be worth infinitely more than what you could possibly get out of WA.
Just for a bit of entertainment and amusement, I recently opened a new account with Wealthy Affiliate. My intention is to ask a few awkward questions in the week that I have before they expect money. Please let me know if you want me to ask either “The Community” or the man himself any questions. I don’t care if I get thrown out so any question is OK. I doubt if I’ll last a week so make it snappy! BTW I already asked why Kyle does not follow all his 1.5M members and got a standard reply which has absolutely nothing to do with the question.
I have a paranoid idea, but as a newbie to this world of WA , I have a dark feeling that there’s no reason why WA could not simply read business ideas that are posted in their free membership sites and then copy any of the feasible ideas you’ve researched through their free ‘limited trial’ research tool for keywords. The owners thereby get vast free market research, and snap up any lucrative ideas, and you have no legal ownership of the free site content. Am I paranoid? Would love to get your take, or anyones’s take on this. I didn’t buy a domain, I have as yet not signed up, and have removed my content, – but have I just potentially given my business idea away?
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
There are probably hundreds of these blogs floating around, and some of them rank quite well. I guess one could give WA props for teaching some decent SEO techniques, but that seems to be about it. I find the “bait and switch” review tactic particularly nauseating. It’s quite obvious that most of these negative reviews are nothing more than “cookie cutter” posts, and that the “reviewer” hasn’t even personally gone through the product they are bashing. Anybody that writes reviews about products they don’t have themselves and know nothing about is a fraud as far as I’m concerned.
LinkedIn is a social media site for professionals. This isn’t a direct way to make money, but it’s a great way to connect to your current and potential peers, customers, clients, vendors, and more here. You’ll build a reputation and get in the loop on important developments in your chosen career path and/or industry. One day an old college buddy may hit you up for a dream job you never considered at the exact moment you are looking for a new vocation. Whether you like it or not, keeping your LinkedIn profile current is a great way to get surprised with new work opportunities out the blue.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
Basically, anyone who is looking to make money fast should stay away from Wealthy Affiliate. There are plenty of “make money fast” e-books and courses out there, and they are all a scam (trust me). While Wealthy Affiliate is legit, they will absolutely never claim that they teach you how to make money fast. Building a legitimate online business takes time.
Affiliate marketing has increased in prominence with the internet age. Amazon popularized the practice by creating an affiliate marketing program where websites and bloggers put links to the Amazon page for a product being reviewed or discussed in order to receive advertising fees when a purchase is made. In this sense, affiliate marketing is essentially a pay for performance marketing program where the act of selling a consumer on a product is outsourced across a potentially vast network.
I would personally agree with linkshare.com as a great affiliate marketing platform to join as a publisher. Here’s why. Back in 2005 when I knew nothing about affiliate marketing and was using blogger.com as a free blogging platform without any experience whatsoever and joining Walmart.com as my first official affiliate program, I was able to insert Walmart affiliate in its in my blogger blog and earn a $72 commission. I was onto affiliate marketing for life from there.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.