Ways to Make Money
There are two basic ways to make money; you either swap your time for money, or you leverage your time in order to increase your earnings. This way, you do a piece of work once, but earn a repeated income for that work.
The internet has changed the face of business in recent years, and has made it easier than ever to leverage your time in order to earn money.
Ways to Make Money – Swapping your time for money
If you are looking to earn extra money and are not too bothered about building an ongoing income online, then there are many places that you can swap your time for money. Everything from completing surveys online, paid reviews, and focus groups, through to hiring yourself out on sites such as www.elance.com, or www.fiverr.com, where you can sell any skills you have for $5 a time.
Ways to Make Money – Leverage your Time
The downside to selling your time is that you will always be limited on how much you can earn, by how much time you have available.
Instead of selling your time once, the internet allows you to leverage your time, so that you can scale up your earnings beyond an hourly rate.
Scaling your earnings is possible because many people can visit your website at the same time, allowing you to sell many items at once.
One popular way to earn money online is Blogging.
Blogging has a very simple sales process;
- Choose a niche
- Create a WordPress blog
- Build followers and visitors
- Monetize your blog
- Earn income from multiple sales
One of the most important points is to choose your niche wisely. Your niche needs two things, firstly you need to have a passion for what you are going to write about, and secondly you need to choose a niche that has a big enough market to be profitable…. …read more about niches
Creating a WordPress blog is quite straightforward, find out everything you need to know here
We have a complete guide covering everything you need to know about setting up and building a blog that will earn you money…… read more
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