Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I’ve personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can’t afford or that you’re not yet ready to implement.
Getting a raise is an excellent move because it doesn’t require you to trade more time for more money. You are putting in the same amount of time, but pulling a bigger paycheck. But, it’s always a bit tricky to ask for a raise when your company already has you at your current salary. You’ve got to make a strong argument you deserve the increase. Here are the top 10 mistakes to avoid when asking for a raise.
Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
Basically, you pick a profitable niche for your online business, and then you find an affiliate partner who has products available in that niche. Some of the most popular affiliate sites are Clickbank.com, Amazon.com, and CJ Affiliate by Conversant (formerly Commission Junction). Between them, they offer just about any digital information product (like ebooks, audio files, video files) or physical product you can think of. May big name companies and brands, like Wal-Mart, Home Depot, etc. run their affiliate programs through these third-party affiliate sites.
There’s plenty of work and clients to be found. If you know where to look. To start, you need to know if there is enough demand for your skill to make it worth the effort to go out looking for work. Start by searching for freelance postings on sites like Flexjobs, SolidGigs, Contena or one of the dozens of other skill-specific freelance job boards.
For example, if you are an affiliate marketer for Musician's Friend, an online musical instrument retailer, you can advertise their products on your site. If a person visits your site, and clicks on the link that takes them to the Musician's Friend website, and they purchase an instrument within a certain amount of time (24 hours or more, typically), you get a commission on the sale.
As with many rewards sites, consistent daily use is important, so you’ll want to bookmark MyPoints or make it your homepage (so you don’t forget to check-in). Refer users to the program and earn 25 points when they join, 750 points if they spend $20 or more through the app, and most importantly, 10% bonus points on all the points they earn, forever.
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 to see what’s currently out there and popular.
Startup costs: Freelance writing is another of those service-based businesses with very low start-up costs. There are tons of places online where you can find clients for free. At worst you can sign up for an Upwork account for $10 per month, just don’t plan on staying there forever. The most lucrative writing projects are rarely found on platforms like Upwork.
As the internet grows and expands, not only is SEO going to get more competitive, but it's also going to grow more lucrative. You could quite easily capitalize on this industry if you know what you're doing. This doesn't just go for doing work for clients, but also for yourself. You could launch any number of online businesses, niche websites, and blogs with the right amount of SEO skills.
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.
Next, you need to set up and build your YouTube channel. Your YouTube channel is your home base for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).
Fast growth usually ends badly for most businesses. Fast growth may not be manageable without the right people. Build for the future. Target small areas where you can avoid big encounters that are able to take you out of business in just a few minutes. Remember to research those ideas, make sure that the idea is feasible, and try to find a niche product with low competition and high demand, preferable something you are already familiar with. Then start implementing the idea by starting small and continue with slow and stable growth. Long term earnings are always greater than short term earnings.
I think what you’re asking is how you can make extra money to pay your real estate taxes. If that’s the case, it depends on your current financial situation, the amount of your estate taxes, your skills, and more. If you visit the “Make Money” section of our website, we have a few articles with different ideas that may be helpful for your situation: https://www.dollarsprout.com/category/make-money/
If you're at all interested in starting your own online business, there's no time like the present. We live in a golden age of wealth. As much as the media tries to glorify the perils of our society, we actually live in a time that's ripe with opportunity and the potential for monumental business growth at a scale never before experienced. Thanks to the internet and smartphones, the amount of commerce being conducted online has experienced explosive growth.
Hi Nick! I was researching online successful businesses and came across your article. For the last couple months I have been thinking about starting my own online business that is geared towards online health/fitness coaching. Then I think maybe freelance writing or perhaps starting my own blog. Do you any suggestions on how to start these businesses? Where I could even begin? I have been a nurse since 2010, love fitness. However, starting a blog would be interesting as well.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.