To make money online, you generally need 3 things:
There will always be exceptions to this rule, like the YouTube celebrities who don’t have their own site, but most of the successful entrepreneurs online (myself included) have figured out those 3 things.
An online business is a great asset; you can work from anywhere and serve people worldwide. Depending on how you have it set up, you can even earn money while you sleep. Ahh that elusive “passive income!”
The location-independent business models you’ll find here include blogging, podcasting, self-publishing, teaching online courses, and more.
If you’re not sure where to start, let me recommend this “Greatest Hits” collection:
In Episode 14 of The Side Hustle Show, Chris Guthrie helps me explore the idea of buying income-producing websites as a side hustle investment strategy. It takes a little bit of capital to play in this game, but Chris explains the first site he bought cost just $500 and has paid for itself many times … Read more
Robert Farrington is more successful than 99% of all bloggers on the planet. He routinely earns between $3000 and $5000 a month from his blogs. And the kicker? Yeah, he still has a full-time job completely unrelated to this amazing side hustle! His sites: TheCollegeInvestor.com KidsAintCheap.com EntrepreneurshipLife.com MyMultipleIncomes.com (inactive) BeatThe9to5.com. He shares his tips for … Read more
I love the idea of having something for sale in an established marketplace, and I think there’s no better example of that than Amazon. If you don’t have a book for sale on Amazon you’re missing out on a huge audience of buyers. You might not make a fortune, but self publishing is a viable … Read more
In Episode 3 of The Side Hustle Show, I’m joined by Alex Genadinik, a smartphone app developer whose apps have been downloaded more than 100,000 times! I love his story because it’s about building an audience from scratch and learning along the way. Plus, the cool thing about Alex’s apps is they’re built to help … Read more
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