Three Ways to Replace Your Day Job
In 2012 (the most recent report available), the US Census Bureau reports a median American household income of just over $51,000 per year.
Working 5 days a week, 52 weeks a year (no holidays!) means that each family is earning just under $200 a day.
If at least one family member is working full-time, this is seems attainable - although it would translate to an hourly wage of $25, and we all know the minimum wage in most places is significantly below that number! How hard would it be to replace some - or even all - of that income with an online business? Of course it's possible to earn $200 a day, online.
Many people report earning much more than that! How does double - triple - ten times that much sound? Many people are doing it - so can you! Below are three of the most popular methods: 1.
E-Books The eBook market just keeps getting bigger and bigger.
We've all seen the news reports about folks making tens of thousands of dollars a week selling everything from teen romance novels to business marketing guides.
Producing an eBook doesn't require a big outlay - and can even be done on a no-cost budget! For the best customer impression, you'll want to buy an ISBN, and get a good cover design.
Not all publishing platforms require you to get an ISBN - but the best do, and if you want to make serious money, you'll go with the best.
While individual eBooks may come at a lower price point - independently published eBooks frequently sell at less than $5 each - the upside is that they are a long residual life product.
That means you keep making money as long as they're up for sale - and since you're the publisher, you decide how long that is.
Many fiction authors are releasing eBook versions of novels they wrote 20 years ago, and making money hand over fist.
The larger your catalog of eBooks is, the more money you'll make - as people who like the first book go looking for more from you.
Well written eBooks sell not only themselves, but everything else you've written as well! The best investment you can make in your eBook business is high-quality writing and timely content.
2.
Creating Training Classes Online training courses are very popular, and can be highly profitable.
Learning in the comfort of your own home, or on your smart phone while you enjoy a latte down at the corner coffee shop can't be beat.
Creating those lessons and offering them over the Internet while you laze away on the beach is even better.
You'll be most successful at selling your expertise online if you have established your credentials.
You'll be ably to charge higher fees if you have certifications, diplomas, or other documentation of your knowledge.
Writing a blog about your field, participating in professional societies and conferences, having articles published in your trade can all contribute to your success.
There are many low-cost to no-cost tools for creating video and audio training courses.
Screencasting is a great technique that doesn't even require a video camera! You can find a great comparison of various screencasting tools at this Wikipedia article.
3.
Just sell stuff! Of course, the easiest way to make money online is to just sell stuff! With the many great affiliate marketing programs available, from Amazon for physical products to ClickBank for information products, the possibilities are endless.
Since the folks providing the programs want you to succeed - they don't make money unless the stuff sells, after all - it just gets easier and easier to get into this business.
Of course, for someone who is just starting out, it can still be intimidating to get started.
Another great Wikipedia article reviews the history, benefits, and difficulties of this online business.
Working 5 days a week, 52 weeks a year (no holidays!) means that each family is earning just under $200 a day.
If at least one family member is working full-time, this is seems attainable - although it would translate to an hourly wage of $25, and we all know the minimum wage in most places is significantly below that number! How hard would it be to replace some - or even all - of that income with an online business? Of course it's possible to earn $200 a day, online.
Many people report earning much more than that! How does double - triple - ten times that much sound? Many people are doing it - so can you! Below are three of the most popular methods: 1.
E-Books The eBook market just keeps getting bigger and bigger.
We've all seen the news reports about folks making tens of thousands of dollars a week selling everything from teen romance novels to business marketing guides.
Producing an eBook doesn't require a big outlay - and can even be done on a no-cost budget! For the best customer impression, you'll want to buy an ISBN, and get a good cover design.
Not all publishing platforms require you to get an ISBN - but the best do, and if you want to make serious money, you'll go with the best.
While individual eBooks may come at a lower price point - independently published eBooks frequently sell at less than $5 each - the upside is that they are a long residual life product.
That means you keep making money as long as they're up for sale - and since you're the publisher, you decide how long that is.
Many fiction authors are releasing eBook versions of novels they wrote 20 years ago, and making money hand over fist.
The larger your catalog of eBooks is, the more money you'll make - as people who like the first book go looking for more from you.
Well written eBooks sell not only themselves, but everything else you've written as well! The best investment you can make in your eBook business is high-quality writing and timely content.
2.
Creating Training Classes Online training courses are very popular, and can be highly profitable.
Learning in the comfort of your own home, or on your smart phone while you enjoy a latte down at the corner coffee shop can't be beat.
Creating those lessons and offering them over the Internet while you laze away on the beach is even better.
You'll be most successful at selling your expertise online if you have established your credentials.
You'll be ably to charge higher fees if you have certifications, diplomas, or other documentation of your knowledge.
Writing a blog about your field, participating in professional societies and conferences, having articles published in your trade can all contribute to your success.
There are many low-cost to no-cost tools for creating video and audio training courses.
Screencasting is a great technique that doesn't even require a video camera! You can find a great comparison of various screencasting tools at this Wikipedia article.
3.
Just sell stuff! Of course, the easiest way to make money online is to just sell stuff! With the many great affiliate marketing programs available, from Amazon for physical products to ClickBank for information products, the possibilities are endless.
Since the folks providing the programs want you to succeed - they don't make money unless the stuff sells, after all - it just gets easier and easier to get into this business.
Of course, for someone who is just starting out, it can still be intimidating to get started.
Another great Wikipedia article reviews the history, benefits, and difficulties of this online business.
