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 his book “Start From Zero,” Dane Maxwell shares a simple framework to use as an engine for coming up with both business ideas and your first sales: CPSO (Customer → Pain → Solution → Offer).
Thanks to this framework, Chris Panteli from Linkifi.io found a common pain point and started selling the solution from zero to $50k a month in recurring revenue.
This week’s guest took inspiration from a previous guest — Alex Goldberg from FinvsFin.com — but more importantly, took action.
In episodes 367 and 410, Alex broke down the model of the modern comparison shopping site: in-depth product reviews and comparisons that help buyers make informed decisions, and earn affiliate commissions on those referrals.
What can your side hustle make free?
That’s what The Side Hustle Snowball framework tries to answer.
This week’s guest took some of the skills she already had and then went out intentionally and found buyers for those skills.
Shannon Weinstein is a CPA (Certified Public Accountant) who turned her fractional CFO (Chief Financial Officer)/tax strategy service at KeepWhatYouEarn.com into a full-time income stream — while still working a full-time job.
Affiliate marketing is a great business: help people make decisions, point them to the products that will help them, and earn a commission on those referrals.
But most affiliate marketers, myself included in a lot of cases, don’t put as much effort as they could into their campaigns, and as a result, cut themselves short of the results they could have seen if they just went a little deeper.
Making a sale? That’s great. But making a recurring sale? That’s even better.
This week’s guest is Ryan Golgosky from 180Sites.com. He took what is typically sold as a one-off service — web design, in this case — and repackaged it for recurring revenue in a really creative way.
If you’ve been around online business for some time, you’ve likely heard the saying “the money is in the list.”
There’s a reasonable deal of truth to it — the more people you have paying attention to you, the easier it will be to reach their inbox and sell them your products or services or recommend to them relevant affiliate offers.
That’s actually how I connected with today’s guest probably over a decade ago.
This week’s guest is a long-time Side Hustle Show listener who reached out with a unique side hustle: what’s essentially a part-time lead generation website.
Link Moser runs NHFineHomes.com, which features high-end, lakefront real estate listings in New Hampshire.
This week, we’re diving into a really cool business model that scales and has really low overhead: paid newsletters.
Danielle Desir started the Grants For Creators newsletter earlier this year and has already built it up to around $1,300 a month in recurring revenue.
A common theme on the show: how do you make money online?
In short, you do it by solving other people’s problems.
We’ve got a really fun example of that today with an online business that helps people come up with gift ideas.
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