3 Good Sources of Passive Income

For many people, it is a very appealing prospect to attain financial freedom. Many take it very seriously, working on it so hard in order to finally be financially free – that is, not worrying about lacking money regardless of the situation they’d find themselves in. Some people have achieved this by working hard, then making an investment so as to start earning passive income.

We’ve discussed passive income in the past, but for those who haven’t been around long yet, here’s a recap: Passive, otherwise known as residual income, is the money you earn without actively participating in the moneymaking process. These often require big investments at first, followed by periodic costs. If you would like to earn your income passively, here are some good sources:

Write a Book

If you have the talent to write and compose a story, then you can earn your income passively from books you’ve written. You can write a novel or invest on a ghost writer who will write some literature in your name. The reason behind this is the fact that the named author gets paid by the publisher some royalties aside from all the earnings that you make from the sales of your book.

Royalties are small, often a chunk of the money that the publisher receives for every book sold. This is paid to you long after you have received your initial payment. This is because the money you have first received is nothing more than an advance payment for the money that the book is projected to make. This will be repaid through your royalties. After your royalties have paid for your advance fee, you can start receiving royalties from the publisher. It’s not really a short process, but it’s definitely worth the wait.

Rent a Room in Your House

If you have an unused room in your house, you can rent it out as a small studio, apartment, or office. Rents are a great way to earn money, especially if your property is priced at a good value. Your capital will only be a part of the house that you own, and all the monthly expense is covered in the bills that you pay. You don’t even need to do so much work to earn from your property, just sit back and make sure that whoever rents it pays up in time.

Affiliate Marketing

You may also engage in affiliate marketing. For those who do not know, this is basically a form of online marketing where you get rewarded for the traffic or every single customer that you have brought into the business that you are affiliated with. What’s more, you are not obligated to actively do the marketing. If you have an active blog with a good amount of followers, you can simply have an advertisement linking to the business that you are promoting displayed somewhere in your site.

What we’ve listed here are all great ways to earn some passive income. These can make you earn money practically doing little to no work at all.

3 Online Marketing Jobs

There is certainly a great demand for online workers. This is especially true these days as there are so many businesses online and so many online entrepreneurs are looking for people to do the online marketing for them. If you enjoy selling things to people, then online marketing jobs is something you’ll actually enjoy.

There are so many ways to market a business online, and good online marketers specialize in more than one so as to be efficient in their job. Now if you are interested in becoming an online marketer, here are some online marketing jobs that you can expect in this line of work:

Social Media Marketing

Social media sites, as we have mentioned in the past, is a means through which we connect with other people from all over the world. Sites like Facebook, Google Plus, and Twitter are great examples of social media, and each of these boast millions upon millions of active users. The massive user base of these social networking websites makes social media a great avenue through which you can market a product. Marketing through social media practically helps you reach a huge number of customers, thereby increasing the possibility of bigger sales.

This form of marketing however requires active participation in social media sites. You’ll have to effectively network with other people and not just gather followers and likes. Converse with your followers by responding to their queries as much as you would persuade them to purchase what your business or the one you are promoting offers.

Link Building

Link building is a common technique meant to improve a site’s standing in the search engine. Here you comment on credible blogs, leaving links that can help lend search engine credence to the site you are promoting. This activity however can only provide a short term boost in search engine ranking. You can either take advantage of this and do whatever you can to keep the traffic that came in due to the ranking boost; or keep doing link building and maintain the site’s search  engine rank.

Article Marketing

If you have talent in writing comprehensive and grammatically sound articles, you can opt for article marketing instead. This will require you to create articles that promote a certain business, or simply something pertaining to a topic related to it. The website of the business you are promoting will then be linked to the article, which may then be posted to directories where they can easily find promotion.

Such articles are utilized as a source of direct traffic, and not just vehicles of information. That means that the links in the articles are meant to be clicked by people who have read the piece, which would then likely become customers. Otherwise, the links in the article can simply help increase the business’ search engine rank, essentially acting as a tool for link building.

These three are all low cost ways to market a business. These are online marketing jobs that you should expect if you are looking into entering the Internet marketing business.

Make Money on the Internet via Affiliate Marketing

The Internet is not only a tool to communicate with other people. It is a community itself, a society composed of millions from all around the world. This number, plus so many improvements and innovations in the World Wide Web created demands for various online services, thereby making possible the fact that people can make money online. There are thousands of opportunities through which one can make money on the Internet, among which is affiliate marketing.

There are so many people these days who make money through affiliate marketing. Some treat this as an extra job, while others make it a substitute to a nine-to-five job. As such, you can say that it can be quite lucrative and worth a try. If you want to try your luck in affiliate marketing, then you’ve come to the right place. Read on and know how working as an affiliate marketer can work for you.

Three Steps to Become an Affiliate Marketer

Becoming an affiliate marketer can be summarized in three steps. These are the following:

  • Study Internet marketing. This is the very first thing that you should do if you wish to make money on the Internet through affiliate marketing. After all, the key to success in this moneymaking venture is to bring in as many customers as possible to the business you are working for. You should learn about various strategies that can attract people’s attention and generate leads. You don’t need to study marketing courses for this though. There are tons of online resources that you can turn to and learn from.
  • Run a site and make it popular. As you learn about online marketing, it helps that you establish a website on which you can practice what you’ve learned. Make this your personal site and the stage where you are going to conduct your affiliate marketing activities. Keep promoting it through the marketing techniques that you’ve learned, and gather a loyal following that’s actually interested in your site’s content.
  • Join an affiliate program. With a popular site and the needed marketing skills, you are now ready to enter one of the many affiliate programs available online. Join one with rather fair terms, and start marketing the business you are affiliated with. It will be just like your old routine with your site, but this time, you’ll be heavily promoting the said business by convincing your followers to visit its website and buy into its offers.

Why Affiliate Marketing?

There are good reasons why you should be an affiliate marketer. One of these is the fact that there are so many advantages associated with this work. First is the fact that it doesn’t take a lot of work, and you are not bound by a contract to consistently generate leads for your partner business. this means that you can practice affiliate marketing whenever you can but won’t get any penalty for not working for a day or two. Second, you can work practically anywhere you can find an Internet connection, be it an Internet café, a coffee shop, or even your home.

Now these are the basics of the online moneymaking activity we call affiliate marketing. Arguably, this is a great way to make money online and can even substitute any job if you have the right amount of skill.

Effective Internet Marketing Strategies You should Try

People who run businesses know exactly how valuable marketing is. Its primary benefit is the increase of brand awareness of the business’ target audience, thereby increasing the number of potential customers and that of the buyers themselves. Marketing these days have been extended to the online world. As the culture mechanisms of the Internet are vastly different from the world offline, this necessitates the need for Internet marketing strategies.

Such Internet marketing strategies aren’t difficult to come across. Many businesses have formulated strategies simply by observing the behavior of Internet users, adding the knowledge to that earned from experience. Some of the online strategies created through this method are as follows:

Connecting with the Audience via Social Media

If you are surfing the World Wide Web long enough, you’re probably aware of websites like Google+, Facebook, and Twitter. These are the big players of the social media, a means through which people connect with each other and interact as they would socialize in the real world. Also, the social media is used by more or less a billion people, making it a fertile ground for online marketing.

Marketers make use of a particular social networking site for a specific function. For example, most online marketers make use of Twitter to gather followers and broadcast links to various news from their business’ website. Sites like Facebook on the other hand are used to host pages, which are basically the social media profiles of a business that leads customers to the online business’ site. Meanwhile, more formal social networks like Google+ and LinkedIn are used to display details about the website, like its address, business contacts, and even products.

Activity and communication with the business’ audience is the key to a successful social media marketing. It’s more about connecting with people than gathering likes and followers.

Creating Plenty of Varied Content

A website’s popularity often depends on what content it brings to the table. Its contents have the benefits of increasing the site’s search engine rank and attracting interested parties. As such, many marketers make it a point to regularly post content on their site, often with only a few days in interval. The content legitimate business sites post is often interesting and informative, and often varied so as to attract a broader audience. Written articles alone can only attract those with a high attention span and are in real need of information.

On the other hand, videos and graphics can cater to a rather large demographic who prefers learning through visuals rather than raw textual information. These are also known to be very effective ways of sharing info and building an audience.

Affiliate Programs

Many marketers resort to affiliate marketing. Here, they basically partner with affiliate marketers who will do all the promotional jobs for them. In turn, these marketers are paid a small amount every time they bring in customers, or even a specified amount of traffic. This not only generates leads, but also expands the entrepreneur’s professional connections.

These Internet marketing strategies are great ways to propel your business. With the right amount of determination, you can certainly climb your way to the top.

3 Great Internet Business Ideas to Try

We’ve once tackled the idea of just how an Internet business is a great choice if you are looking into making money online. Arguably, there are so many unique Internet business ideas that you can put into practice, allowing you to stand out before the sheer competition or even create your own niche.

Unfortunately, not many have an idea about what sort of business will they have to run online. They’d love to sell goods or services on the Internet but don’t know where to begin. There’s a way to figure out the right business for you though. First, you’ll need to know how much can you spare for capital, after which, you should know what things are you interested and are knowledgeable in. Considering your interest in the business is important, as it basically allows you to sell with enthusiasm.

Now if you still can’t decide on your online business, here are a few great Internet business ideas to get you started:

Offer Writing Services

As we all know, the Internet contains a massive collection of data and information that can be easily accessed and used by anyone within varying limits. This is due in part to the fact that many websites thrive through content. Much of this content is text which comes in the form of forum threads, blog posts and various site articles. Not many have the talent to write either of the last two however and instead, they’ll be willing to pay for somebody who can churn out blog web articles for them.

That is what makes writing services a good business on the Internet. If you have the skill to write, don’t hesitate to make money from your talent. Start a site or a blog where you can post beautiful articles of your own writing, then advertise your services so you get hired by one of the many webmasters who need content for their sites. The payment per article varies, but rest assured, it isn’t cheap.

Create Presentations

If you’ve been to many lectures, seminars, and conferences, you’ll sometimes come across lecturers who complement their points with a badly designed PowerPoint presentation. Indeed, not many people can create good slideshows to present their ideas, and many times, they’d go out of their way to hire someone who could make great, business-like presentations for them.

As such, if you are good at designing presentations or even visual arts in general, start a business where you get to accept orders to make good presentations on unique and aesthetically pleasing templates. You’ll be surprised at how many customers you can get with proper marketing.

Start an Online Consulting Business

If you are good at giving some useful advice and helping solve problems, then you should start an online consulting firm. It is very fortunate that consulting is never limited to a single profession or topic. As such, you can provide online coaching that focuses on the field that you specialize in.

Here ends our short list of Internet business ideas – for now anyway. As you can see, these businesses do not require a huge capital at all. If you have a computer with an Internet connection and the right applications, you’re good to go.

How to Make Money on Youtube as a Partner?

The Internet has so many different uses for so many different people. For some, it is an entertainment center where they play games and do other amusing activities; many others see it as just another means of telecommunication, connecting them to acquaintances and loved ones far and wide; some on the other hand make money straight out of the Internet. You can indeed earn money from the Internet. There are many online venues through which you can earn money, among which is the popular video sharing site YouTube. Now you may be asking, “How to make money on YouTube?”

Making money on YouTube is not that difficult, though it may appear complicated. However, it helps that you first understand how the website works if you are to make money from it. Here are the basics that you should know:

An Overview of YouTube

First off, let’s discuss just what YouTube is. Basically, YouTube is a video sharing site. This means that you can use the site to upload your videos and watch the videos other people have uploaded, in no particular order. The videos you upload can be made visible to just about everyone or just a few select friends.

YouTube is undoubtedly the mainstream version of its kind, kind of a Big Mac of video sharing websites. The statistics simply show this as a fact. You see, YouTube now contains over 120 million videos uploaded by its users. Its users in turn number around a staggering 300 million from all over the planet. This is potentially the maximum number of audience that your videos can possibly get.

Steps to Earn Money in YouTube

By now, you may be really edgy to learn how to make money on YouTube. You first start by creating your own YouTube account. You can do so by registering an account in Google, which will enable you to access YouTube’s member-exclusive features, which includes the whole video uploading part. Once you’re done with creating a Google account, you may then create a YouTube channel, or profile if you prefer. Now your channel is where you display your public information, upload your videos, and receive comments from other users.

To make money on YouTube, you first have to be popular. Now this doesn’t mean being on top of YouTube’s fame hierarchy, but simply getting enough devoted subscribers and watchers who view and like your video. The key to this is merely uploading videos interesting enough to garner subscribers, views, and likes. Once you get a sufficient number of positively voted popular videos and subscribers, you may then make an application to become a YouTube partner. If your partnership status is approved, you can then start earning through Google’s own ads served via AdSense.

Before you start earning through your YouTube videos, you should make it a point to learn more about how to make money on YouTube. Check the site’s FAQs and guidelines so you can understand making money as a YouTube partner better and maybe avoid screwing up.

“How Can I Make Money Fast?” – More Quick Money Opportunities Online

There is always a point when we come to ask ourselves, “How can I make money fast?” Asking how to make money quickly is just natural. After all, whatever job we have does not allow us to do so. Earning fast cash is quite a big mystery to many people, though in all fairness, there are many ways to achieve this.

One of the best venues from which people can earn money fast is the World Wide Web. The Web simply hosts so many opportunities that allow people to earn some quick cash that so many people have been flocking to. Many of these pay decently and for most of the time, will only require a decent computer connected to the Internet, as well as the skill to do the job of your choice. As in the past, here’s another list of quick paying jobs that can be found online that can definitely provide an answer to the question “How can I make money fast?”

Review Something and Earn

Critically-minded people often make it a hobby to criticize something. If you are one such critic or simply would like to judge something based on your experience, then the good news is that you can earn money online. You can visit the site Reviewstream.com and write reviews about the latest products, websites, hotels, books, video games, gadgets, home appliances – or to cut it short, virtually anything. A single review as of this writing can fetch about $3.50, which is quite a decent deal. It can still increase if people like your review and vote for it.

Try Out Swagbucks

Swagbucks is basically an online rewards program. This means that you get rewarded with a virtual currency known as Swag Bucks for doing on-site activities where reward is due. You can use the Bucks to buy products from the site or entries for the site’s sweepstakes.

You can earn that money by simply using the site’s features, like Swagbucks’ custom search engine and the YouTube-like Swagbucks TV. You can also earn by performing daily tasks specified by the site, shopping, and even by merely playing games. The site’s owners also apparently had a knack for video games or selling games, rewarding you Swag Bucks for trading in games and consoles. In addition to these, you get rewards if you are good at looking out for periodic promotions and special offers. Swag, indeed.

Sell Your Old Books

Bookworms and compulsive readers will surely love the idea of selling all those used books. This will clear a lot of clutter from the house and will earn them money as well. The good news is that one can totally do this online. You can just sell the book directly to Amazon, or check book-buying sites like Powell’s Books and Blue Rectangle to see if they want to buy one of your used titles. The books you sell will fetch you a varying amount, and at a short period of time.

On the Internet, there certainly are many answers to the question, “How can I make money fast?” It only takes a little online scrounging to find a good one.

3 Methods to Earn Money Fast

We are very lucky to have seen and made use of the Internet in our lifetimes. This is because the Internet has basically allowed us to earn money fast through many different ways. There are so many moneymaking opportunities that are available in the online world. Many of these opportunities can prove rather lucrative and can allow for a wide range of freedom.

Here are the three best opportunities to earn money fast that we can think of:

Take Short Term Freelance Jobs

The best way to earn money online is perhaps through online jobs. However, it is known that online jobs don’t pay immediately. Rather, these jobs pay in regular times every month. Fortunately, there are online jobs where you can still earn some quick money. Such are online freelancing jobs like those that pay by output instead of per hour. These jobs include writing and data entry.

These jobs can be easily found in freelancing sites like Odesk and Elance. There is a wide variety of short term freelance jobs that you can find on these sites, and it won’t be difficult for you to find one that suits you the best. The speed in which you get paid through these jobs depend on how quick you can get the work done.

Earn a Quick Buck through Odd Jobs Online

There are a lot of small odd jobs that you can do online and get paid for. There are two great sites where you can earn this way. The first one is Microworkers, where you can find jobs that you may sometimes consider as mundane tasks that the clients have no time to deal with in one way or another.

The second is Fiverr, where you get to offer to do odd jobs for just five dollars. You can offer just about anything, from what you’d consider legitimate work to non-serious ones like dancing or singing on camera. Indeed, you don’t just earn some extra cash but can also have fun at the same time.

Sell Things in Online Auctions

You can make quick and big money online if you sell things on online auctions. If you have something valuable that people might want but may not be able to find elsewhere – an autographed shirt, vintage coins, handbags, artworks, etc. – you can make money from them through online auctions. You can set up an auction in eBay, or through dedicated auction sites like Webstore and eBid.

Unlike mere selling, you get to make bigger profits with auctions, as bidders offer an increasing amount in bids as they compete for the possession of your product. A unique in-demand item may even fetch you hundreds or maybe thousands of dollars. Also, auctions often have a time limit of a few hours or days, so you’ll be sure to earn quick money through this method, assuming that someone actually buys your product.

Now these three are proven methods through which you can earn money fast online. Just add in some dedication and commitment for better results.

Working Online: The Best Way to Make Money

Money is quite hard to obtain these days, the reason why people would just jump on any opportunity to make cash. They’ll search for such opportunities just about everywhere, and some find great moneymaking opportunities on the Internet. The online world, a global electronic network for communication and data exchange, hosts many such prospects. There simply is a wide variety of moneymaking activities online that one won’t have a hard time to find work that suits his or her skills and capabilities. The question however is what could be the best possible way to make money online?

Finding the Best Moneymaking Opportunity on the Internet

One of the best ways to make money on the Internet is through online jobs. This is because online jobs, part time or full time, will earn you at least the minimum permissible wage on a regular basis. Earning regularly and at a fixed amount will certainly help you make budget better and set aside some savings than merely earning through whatever job you can find.

Online jobs can be easily found on freelancing sites like Odesk and Elance, where you get to easily access job postings from many different employees, and may even be presented posts that correspond to your resume. Application is made easy in these sites as well, as they basically enable you to apply directly to a job posting.

Most jobs involve working directly under a client who will give you all the tasks needed to be done and your pay. You don’t always have to work for an employer though. If you can gather enough capital and have the patience to spare, you can work for yourself by starting a business. Of course this will take a lot more effort than merely applying for a job, as you almost always have to start a business from the ground up and work on the marketing in order to get customers.

Now there are more ways to make money online besides online jobs and businesses. However, none of these will earn you as much as the salary you get from an online job or the profits you earn from an online business. For instance, online surveys will earn you very little in a month, regardless of how high each survey pays. Similarly, paid to click schemes pay very little over a long period of time, despite the amount of effort you’ve put into it.

How to Effectively Earn Money Online

Making money online is one thing, and making money effectively is another. You can maximize the Internet’s moneymaking potential by being shrewd with your earnings. This is accomplished through proper budgeting. Set aside money to be used for your day-to-day expenses, for your monthly bills and taxes, money that you can freely spend, and finally, a certain amount for your savings. You can accumulate big money in savings if you make this a habit, money that you can use as emergency funds or an investment for a bigger venture.

Working online, be it as a self-employed professional, entrepreneur, or a virtual employee, is perhaps the best way to make money online. The secret here however is to do the job that best matches your capabilities and interests.

An Overview of Residual Income

In order to survive the modern world, it is necessary for one to work for money to sustain his or her needs. For so many people, this would mean pouring some metaphorical gallons of sweat, blood, and tears. Some however earn cash in a rather easy manner. Such people earn residual income – income that is passive, meaning something that is earned without any sort of work involved.

Indeed, it is not always necessary to work so hard in order to earn the money you need. You don’t need to subject yourself to eight hours of labor away from home, as you have an option that allows you to sit back and relax in your home, getting paid doing nothing at all. Residual or passive income simply allows us to earn this way.

Residual Income Compared with Active Income

Active income is what we call the money we earn from work, the sort of pay that we are most familiar with. As we all know, this can be obtained from a job or from a business, and is paid regularly every month. This not only includes the standard pay from your job, but also all those you earn from your side activities, like tips if you work in a restaurant and the money you make from part time jobs.

This contrasts from passive income, wherein the money simply rolls in without you doing anything. This sort of income, besides being earned in a passive manner, you can earn it without any direct involvement at all. This however does not come without any cost. Most sources of this sort of income require people to make an investment, and this is in no way a small thing.

One source of passive income for instance is real estate. Renting a house or an apartment unit to someone can certainly earn you some lazy money, but this won’t be possible if you haven’t invested in constructing a residential building and paying all the subsequent maintenance fees. As such, you can say that passive income can only be earned by those ready to shell out a huge capital, something you’ll need to work for.

Both types of income can allow you to survive the modern money-based economy. You can say that both can provide financial stability. The only difference is that passive income is far more appealing – who won’t like something where they can earn without doing anything at all anyway?

Common Sources of Passive Income

There are many opportunities that can allow you to earn some passive income. Such are the following:

  • Real estate – Get the needed papers, buy some land and build a house or apartment that you can rent out to those who can’t afford to own a house.
  • Limited business partnerships – Simply provide capital to your partner who will do all the necessary work, and get your own cut every month.
  • Time rolling deposits – Make a large deposit in the bank and put it on time rolling deposit. It will serve as an investment you make on the bank, and will increase by a certain percentage every month.
  • Owning shares in a corporation – Shareholders in a corporation earn dividends, or a cut from the profits that is directly proportional to the size of their shares.

Residual income is a great alternative to the income you earn from work. As such, we recommend that you work and save up for an investment from which you can earn passively.