Cheap cashflow 101
I've long been drawn to the passive income supplied by creating an ebook and publishing an accompanied print-on-demand paperback.
Related: 5 Steps to Building Your First Online Sales Funnel Build a sales funnel and automate your selling with a platform like this. However, ClickFunnels, a SaaS business with over 40,000 customers, which was started by Russell Brunson, takes all the guesswork out of that. It takes a high degree of technical and marketing knowledge. However, many people struggle with creating the proper funnel that converts.
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Build a sales funnel with ClickFunnels.Īs an online marketer and a software engineer, I am obsessed with sales funnels.
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Related: How to Start Developing Your eLearning Courses 11. Depending upon how much time you invest in your course, you could make a substantial side revenue stream by creating courses that deliver tremendous amounts of value.
Create an online course.Ĭreate an online course with a platform like Udemy or Teachable and leverage some of your skills to create a healthy income. Related: 17 Tips for Entrepreneurs Who Blog 10. This is something you can easily build on the side with just a few hours of work per week, but you need to stay consistent and post great content regularly. But, if you start a blog and deliver enormous amounts of value, you could set yourself up with a platform for ending a tremendous amount of passive income. Okay, so you won't make money that fast with a blog. You can sell just about anything on this platform, but to succeed and become a Super Seller, you need to deliver massive amounts of value, even at those lower price-points. Although services start out at $5, some Fiverr sellers are earning six-figure-plus revenues annually. Sell services on Fiverr.įiverr helped give birth to the Gig Economy. Related: 10 Questions You Must Ask When Hiring a Social Media Consultant 7. This is an easy way to make money no matter where you live.
Take it upon yourself to contact local businesses and offer up your services for a contracted monthly fee. Many small businesses need a social media manager and simply don't have the time nor the expertise to be constantly posting on social media platforms like Facebook, Instagram, Snapchat or Twitter. Manage social media for small businesses. Related: 5 Reasons You Should Join the Sharing Economy Revolution 6. Some people earn their primary income just by renting out rooms or homes on AirBnB. You'll get paid 24 hours after a guest checks in, which is to avoid any problems or potential scams that might arrive. If you're in a bind for some fast cash, AirBnB offers you an avenue for creating an income. Related: A Night of Money, Mansions and Mexican Food Showed Us How Delivery Could Reshape FranchisingĪirBnB offers a great resource for people that are willing to rent out a spare room or even their entire home. If you're in a highly-trafficked area such as Los Angeles or New York City, this is a great way to earn some cash and you don't even need a car. While the pay might not be enormous, you do have the ability to earn tips. Similar to working for Uber and Lyft, you can work whenever you want. Deliver for PostMates.Īnother option for earning a side income is to deliver for PostMates. Related: These Are the Best Cities for Uber and Lyft Drivers (Infographic) 4. The best part? You can turn on and off your availability through these networks with the simple click of a button, effectively allowing you to make money no matter what time of day or night it is. The sharing economy has quite literally exploded, and both Uber and Lyft are at the forefront.
One of the most widely available ways for making money is to drive for Uber or Lyft. Related: 8 Money Mistakes to Avoid on Your Way to Being Wealthy 3. Take quality photos and write a good description and you'll be in great shape. If you're serious about this, you can even do it professionally for others and collect a small commission for each sale. Any used items like furniture, household appliances, collectibles or anything else that you're just not using or is collecting dust, can be sold online to make some money. One of the surest ways you can make cash if you're in a bind is to sell items on Ebay or Craigslist. Why sit around scrolling through social when you could be earning much-needed cash? Below are proven ways that people have generated significant revenue for themselves, from short-term gigs that deliver a quick cash infusion to longer-term ventures that have to possibility to grow into a full-fledged business. Whatever you are looking for, check the list below and select a method that fits within your skill set and time availability.