First, we have to differentiate between passive income and active income.
Active income is what you get when you continuously provide time and effort. When you stop working, you stop making money. For instance, if you make cash taking surveys, you get paid for each survey you accomplish; on days you don’t answer a survey, you don’t get anything.
With passive income, you only have to work hard once. You invest your time and effort to set up your income stream, and then you let the system you built do the work for you.
Almost anyone can find quick and safe ways to earn money online and be his own boss. There are numerous commission-generating opportunities that cater to differences in skills, amount of spare time, financial goals, and resources. Below, I teach you how to make commission with three different online gigs.
Make Commissions Online -YouTube
Would you believe that a lot of people make a living off this platform? And that there are actually so-called “YouTube millionaires”? Yes, some enterprising individuals have indeed been able to utilize YouTube to make a lot of money. And because YouTube opened its Partner Program to all content creators last year, even you can cash in on this trend.
Here’s how: First, you can only monetize your videos as long as they are original and you own all the rights to them. Second, like elsewhere on the Internet, quality content is king. To begin, think of an idea for a video series that is entertaining as well as useful.
Ask yourself: what will the audience get from this video? How can I keep them coming back? You can shoot makeup tutorials or talk shows or parodies or anything, actually, as long as it can be valuable to someone out there on the Internet.
You don’t really need expensive gear to shoot your videos. Some of the most popular videos on YouTube were taken with an inexpensive flip camera, a web cam, or even a smartphone.
Your videos might not take off for a while, but once people take notice, you’ll start raking in the dough. It helps to promote your channel on Facebook, Twitter, Pinterest, and Google+, and interact with your viewers there.
The number of videos on the website can be daunting – 72 hours uploaded every minute in 2012 – but if you have a great idea and the skills to execute that idea, you might just become the next YouTube millionaire.
Make Commission Online – Affiliate marketing
How to make commission online if you don’t want to make videos? Make money by selling other people’s products! One of the most popular money-making methods right now is affiliate marketing.
In affiliate marketing, you connect with a company and promote that company’s services or products online to earn a commission with each sale generated from your blog or website.
When creating a website for the purpose of making money through ad revenues or affiliate marketing, one of the most important factors to consider is the product and the demand for the market.
You have to choose a product or products for which there is always a market ready and willing to buy. For example, think of baby gear and how many babies are born every day and how anxious parents, especially first-time ones, go crazy over stocking the nursery with all manner of baby paraphernalia in anticipation of their baby’s arrival. You now have a line of products and a market hungry for those products.
Make Commission Online – Sell an e-book
Publishing a book has never been easier, thanks to self-publishing platforms like Amazon, which has given rise to many self-publishing success stories.
There are two techniques to this: either you write about anything you are passionate about or have expertise on, or you cash in on what’s currently “hot”.
To do the latter, conduct some research and find out what is currently trendy or what people are buzzing about. If, for instance, you find that the Slow-Carb Diet is all the rage, you can write a short e-book about “the benefits of the Slow-Carb Diet” or “insider secrets to the Slow-Carb Diet”.
Then, you sell your e-book on Amazon for a couple of bucks. Because people will want to know more about this hot topic, whenever they search for it online they will see your e-book and purchase it. Easy, simple, and you can just sit back and wait for your money.
If you really want to improve your financial future, you can do so by making a commitment to earn and learning how to make commissions from home. Trust me; making money online doesn’t have to involve a lot of work. Whether you are aiming to establish a part-time income source or are just looking for a way to make some extra cash, give these passive income jobs a try:
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