Posted: Fri 31st Mar 2023
It's becoming apparent to many people that home businesses can be a great source of income.
I have worked with hundreds of entrepreneurs, helping them to start and/or grow their own online businesses and believe I've inspired and motivated many more through my online activity, such as blogs like this!
I have coached and mentored mostly in the areas of personal development, personal branding, network marketing, affiliate marketing and information marketing, and believe I can help you jump-start the learning process.
Make no mistake, I've faced many challenges along the way, some of them unnecessarily. I'll be sharing some of these pitfalls that can hold you back and make sure it doesn't happen to you.
Or you may be in that place, where I was, and these tips will help you get unstuck. It's easy to make bad decisions and repeat mistakes.
Overall, having a thriving business is very possible, and I'll be giving you some golden nuggets that will take your business idea to the next level.
If you're stuck for ideas, want to make a huge amount of profit in the shortest possible amount of time, or simply want to learn about the most profitable yet simplest ways of making money on the internet, you've come to the right place!
Below, I explain just a few ways you can tap into and earn a good living online.
Looking for more business support from Eddington? Connect with him on Enterprise Nation today
Five ways to make money online
Making money online is a bit of an artform. Generating a steady stream of income is certainly possible; you just need to find your niche and learn how to turn ideas into hard cash.
It isn't rocket science, but it does require an understanding of copywriting, autoresponder, and getting tons of targeted traffic to your site and a few other things, which is where I come in.
1) Affiliate marketing
Affiliate marketing is simply when you sell another person's products for a commission. ClickBank is one of the most popular affiliate networks with a high commission rate on the digital products they offer.
Commission Junction and Amazon Affiliates are two other affiliate sites that are popular for physical products.
2) Create a product
Make a product you can market and sell online – for example, a DVD, an e-book or a training programme. This is the best way to keep most of the profits in your pocket, rather than it going to someone else.
3) Create a membership site
Membership sites are the perfect way to build an ongoing income year after year. A good way to create content for your membership site is to interview experts in your field. It can really give your content an age.
4) Create your own social network
If Mark Zuckerberg can do it, why can't you? Contrary to what you might think, Facebook is not the be-all and end-all for social networking. You can build your own niche social network.
Did you know that 67% of all Facebook users log in every single day now? Get your own social network up and running and reap the benefits.
5) Sell your photos on a stock photography site
If you have a bunch of photos and you aren't sure what to do with them, putting them on a stock photo site can be an excellent way to make money online.