Online Marketing

Multiple income streams ideas – How Internet Marketers Make Money

I think you should consider in your business and when people think about making money online, they oftentimes get overwhelmed or confused what it’s all about and, like we talked about so many times before, it’s about selling something you have to give something in return. You know for money right, so people want this and you get this, it’s it’s so basic, and so how? How do you do that? How you know what can you sell and the three types of methods I use is Kindle or like ebooks? I do affiliate marketing and I have my own products now.

All of these versions are all these methods are something that refers to take it out products. Okay, so in this case you know we’re selling ebooks on Amazon for $ 2.99 and actually I’m also doing paperbacks paperbacks for round yeah. Like ten bucks, you might be asking you know, are you doing physical products? Well, you know Amazon takes care of this. I never have to do anything extra except you know, create paperback version like a format and Amazon takes care for the rest.

So it’s just a really fast method to like leverage your already made books, and then you might, you know like ask: why should you do came to isn’t just for writers or people that are skilled with writing? Absolutely not everybody can do this. You actually should not, or you know you don’t have to be a writer, because you should you, you can go into the nonfiction niche and sell all kinds of books and have them written for you or or easily write them yourself.

I teach people how to. I show them how they can get that books created, even though they’re, not a writer. Why I promote this method is because it’s a really simple and easy way to break into making money on line making money. It’s a really good point of entry. If you haven’t made a dollar before a lot of people, you know start here and because it’s easy, it’s simplified Amazon takes care of the traffic.

You just have to focus on creating really simple ebooks, and then you upload it to Amazon and basically that’s it. You don’t have to it’s basically hands-off after that, and I was making money in my first month doing this and it kind of clarifies – and you know you know, realizes or makes you believe that this is possible. You know the first dollar we always talk about. The first dollar is the hardest one.

You know when people have already made one dollar they’re kind of think like well. Why can’t I make ten or why can’t I make you know a hundred, so it’s all about you know just breaking into the game, and this is a really good way of doing that, because it doesn’t require a lot of investment and you can actually create ebooks For free and if you can create something and sell it and there’s no cost of producing it, I mean how many books can you create? So and the thing is, you know, a lot of people are making 1k a month.

I would say, with this kind of business: it’s I I mean it’s possible to go. Well, I would say it’s like anywhere between 1k to 10k. A month is a lot of people are, is having this kind of success. All right, I would say, you’re – probably not going to go much further than 100k a year, then a lot of you know people making 501k. There are some people, I’ve heard of some people that are making thirty to forty K a month, but that’s an exception.

Okay, now with affiliate marketing, I think you know you have a much higher profit market margin. You know you’re, not selling $ 2.99 ebooks you, you are selling products that cost anywhere from it b-47 up to could be anywhere up to maybe you know 197. In case you would be doing high ticket affiliate marketing, then it’s possible to promote products that cost up to two thousand dollars and in that case, you’re getting a lot more for each commission, and this is the reason I moved into affiliate marketing.

Basically, because Kindle is you know, Amazon owns kimple. There are a lot of variables in this kind of business like you have to in many cases, if you want to reviews for your books, you have to hire bas. Amazon is always changing the terms, and you know that everything has its pros and cons. So, even though it’s really simple and easy, it has, of course, some downsides and that’s why a lot of people move into affiliate marketing.

They maybe start promoting their success and and courses on simple, I mean I I’m doing that and they can make high commissions and they can make more money, and I would say there is more control, you’re, not as restricted as with you know, a Kindle business yeah. You can diversify a little bit more you’re still on the product creators terms, you’re, promoting somebody else’s product, of course, and that person of course sets the terms you know he sets the price the Commission you get and basically how you can promote the product.

How and when he can pull the plug, of course on the product if he wants, but in my case you know you can have, you can be promoting a lot of these products and I it’s just more control than Kindle and where you can take affiliate marketing. I mean you can be doing, I would say, 1 to 2 million a year and then you know having your own product. I mean this is how the the big guys on the internet – the big goes.

I don’t know what’s this supposed to be, but I guess this is a guy with a you know. What is it called the Kings where you know the crown you know having your own product. That’s that all teammates control you set the terms you set the price. You can charge at anything you, you know anything, you desire, you can charge twenty thousand. If you want. If you have that kind of you know, high-priced item like maybe coaching or something it can be an online course, you can charge $ 1,000 for it.

You set the terms use of the terms on how you promote it. Basically, it’s more control, it’s more more secure, ready and yeah you’re, not limited by other people as much. You know you can put it up on any platform. You, like you of course, can promote it yourself and then get you know: 100 percent of the sale, because you don’t have to pay affiliates or you can don’t have to pay any fees or well. Maybe there’s like a small fee to PayPal stripe.

But basically you know once your product is done. You know it’s almost 100 percent profits. If you manage to sell it yourself, of course, so you can see how this here is much more powerful than perhaps getting you know. Fifty fifty percent commission of a forty seven dollar product and when you could be getting one hundred percent for let’s say two hundred ninety seven dollars, like my my online course: first lost profits.

So if you want the ultimate business, you the ultimate freedom, the ultimate security and the ultimate authority, because people look at you with much more authority when you have your own product, I mean doing affiliate. Marketing is really lucrative, but there are just so many people. So many sharks fighting in the same pool that I mean this can be, of course tough it. This requires work, and so you see how this goes.

You know people go into this. They move on to affiliate marketing and eventually you know you won’t be over here. I’m not saying you know, like I said these numbers are theoretical, but in my opinion, and with all the things that I have been you know looking at online, all the people I follow and I see what’s happening then this is something that I would say was Not something that is impossible, I mean with your own product, I mean 1 million and beyond you know, sky’s the limit, that’s supposed to be a cloud and Sun alright.

So this is this is online marketing. This is making money online. Of course, there are other ways. Also, I mean I’m not saying you can’t make money with cryptocurrency or or some kind of other methods, but basically you know this is what you should be looking into these other main ones. Having these three income streams I mean you could have. Of course, this would be a one income stream. You could have, of course, a lot of campaigns, affiliate marketing campaigns.

You could have a lot of products and that way you can have five 10 20 income streams. They say that you know the average millionaire has seven. So I would mix these ones up and you could be on your way to financial security. You know pretty fast alright, so this was today’s article. I hope you know this made some sense to you. If it did, then please, like the article and hit subscribe and talk later,

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Online Marketing

MY 6 STREAMS OF INCOME: How I Make Money At 18

So the reason why I wanted to make this article is the other day I found an image of me having my lemonade stand at nine years old making. My coin, I feel like I was obsessed at a young age to make money, not because I was a greedy bastard and what the heck, but oh you’re, nine years old. What the heck do you know it was because I loved creating a product and seeing people’s reactions from it.

I was obsessed – okay, I literally quit high school two years ago to pursue my online business as you can see from this like mediocre background, I don’t have a ton of money, but I was able to make a full-time living off of my online business and today I’m not sure cuz how I support myself and make my money let’s get started, quickest camera. I’m very well aware that this article could come off a little bit braggy.

I don’t want to sound like that at all, like I’ve come from very humble grounds like I was not able to afford my violin lessons, I wasn’t able to afford doctor appointments like I know how hard it is to just make it by what I do want To show you guys in this article is how it’s so possible to take your passion and make a living. So I hope this article gives you that light and choosey that things are possible.

So with that being said, let’s talk about money maker number, one other than the lemonade sandwich. I don’t really count as a business just yet. My first way of making money was selling through Etsy. I use at sea in a combination with eBay, but what I would do is sell vintage dolls for 20 % more than they bought it. Actually, I think I have it right now. Let me see if I can find it literally do not judge.

I know so. Many of you guys are going to judge me for this and think I’m a freak for collecting antique dolls but uh. This is her, so it was like 2010 okay and these dolls were hot. If you guys remember Paulette dolls, please comment below cuz you’ve literally, you will be my best friend, but these pulp dolls are retail like a hundred dollars each, but I would sell them for $ 200 or three or they are always sold out.

So that is how I make my money. When I was 10 years old, I was able to make, I believe, like three hundred dollars a month by selling a doll. It was pretty good for elementary school student and I was really happy with this business because came from a passion of loving dolls and if I could share another doll with someone else, I was just super ecstatic to do so. So the pros of selling dolls or products online is that it super-fun.

I found that, like I was able to educate customers because I love the product so much. I could tell you what’s the weight of this leg? What’s the material of the hair, like I love dolls, so much that uh. I was obsessed with talking about it and that actually made me such a good marketer, because organically I was able to create a YouTube blog surrounded by dolls. So I could sell and market these products keep in mind.

This is 2010 YouTube, okay yeah, so I wasn’t so cool with the editing yet. But this is an example of some of articles I made to sell my dolls: hey guys I’ll, be selling my pull-up wigs. That I have for sale and I might be selling this – I’m not very sure, but I bought it for $ 26, but it sold out it’s in good condition. The second week I have for sale is ten dollars, no doubt about it. The cause of selling products online is it’s really not scalable.

I’m very well aware that you don’t need to scale everything, but I couldn’t sustain this business because it required you to buy like all these products ship out yourself – and I just didn’t have that time, because I was a kid so yeah. That is the cons. But I really genuinely enjoyed my career in this field. Literally guys go to your closet, find antique toys that you have and your kid pop it into eBay, and you can actually see what are people selling it for and how much lower can you sell it for and it’s really easy to turn a profit just based On products you have at home all right to drop shipping.

So when I was 10 years old, I basically was like fuck this shit. I want to sell other products than dolls and I turned to Alibaba. So during this time of YouTube, it was like the kawaii age, for basically all animal products were giving personalities. So there was this like bear called Rilakkuma. It was a famous freaking bear and I would buy these key chains of this bears face and sell it on Amazon, and I was able to make $ 5,000 a month based on that product.

The pros of shop stripping in 2011 in 2012, was there’s literally no competition. Now the cons is, it’s just now really competitive and I would say it’s pretty cost intensive, at least the way I did it. I fulfilled it out of my own home. You have to keep in mind that someone has to do those physical labor work. I’m not sure how it is right now, just because I don’t do that anymore, but that is just something to keep in mind.

Alright guys so number three of how I used to make money was freelancing. You guys, if you are a student or you’re someone who is a teenager, you want to make money. This is my best advice to get started. You don’t need to be a serial entrepreneurial. You don’t need to create a lemonade said. All you needed to do is have a single skill and make it worth for someone else, and all I did was provide photography services, my school’s hard to know me as the Instagram girl.

So I was like okay guys. If you want photos, it’s going to cost you 20 bucks a session, so I went on these photo shoots. I had this very cringy like portfolio account where I would show my clients, and I would go on these $ 20 shoots. Honestly, it was super fun like I just organically grier, my little photography business started to do senior portraits, oh and by the way, pro tip guys, suburban moms, with a little bit of cash flow or your best clients.

Okay, if you’re doing photography for senior photos, especially those moms gotcha, I would actually recommend to literally go to Zillow and type in like high income houses above like half a million dollars or a million dollars and literally go to those house areas and, like hang up Flyers or Facebook ads to hyper target them on those houses because they have more money to spend on your services like, I was able to charge a hundred and fifty dollars for senior photos, and that was Bank at my time so going to find the best customer.

I can actually afford your services if you do that. So that’s a pro tip now I feel like Jayde. I don’t have a skill in photography. How do i, freelance? I would actually recommend fiber comm? This is not sponsored. I just heard they have other virtual assistant type of tasks, whether you can do email replying for someone else or company. You can do like some bitch work, essentially there’s tons of offers on Fiverr that you can just pick up by sending up an account, and I haven’t personally done it, but I definitely know there’s way more skills and taking photos that you can do so with freelancing.

I was able to make a thousand dollars in the summer and I was a bank for me. I was just rolling in dough, so highly recommend freelancing all right. So now, for the controversial lesson of the day, a lot of people say no you’re worth when it comes to freelancing. Now I have a contradiction to that. I also think it’s just as important when getting started to do free work. I remember that I couldn’t charge people $ 20 for a photo shoot, so it just took photos on my friends to build up my portfolio for a whole year instead, and I think there’s not a lot of people talking about that, at least in what I’ve seen So I just definitely think like yes charge your coins this and get your money, but also don’t be afraid to do free work like sometimes here and there.

For my businesses, I will sometimes lose by taking projects, but I know it’s in a build of experience and build up my technique to get better. That’s just something to keep in mind, don’t be afraid of free work. Alright, so the fourth way to make money is social media. When I was around 16 or 17, that was a time I actually dropped out of high school and it was because YouTube was starting to pick up.

I make money on YouTube in three ways. One is Adsense, so I get place ads you see on this article. I got paid for affiliate links and I also got paid for sponsorships honestly for a 1 million viewed article. I get paid around 4 to 5 thousand dollars for that just coke campaign, so it was able to sustain me for like a few months and that’s why I felt a little bit more comfortable to drop out of high school at like 16 years old.

So I was making a little bit of cash from those articles. I do have to say, though, the pros starting a YouTube blog is it’s very profit friendly like you only have to invest in a camera, and my parents really did help me kind of get my feet off the ground and invest and help me get this camera. But the cons is it’s not a sustainable, as you think I definitely have articles with a million views, but I also have articles with like two thousand views and that variance and views can also correlate to income.

So I realized that, like obviously yeah, I made a few thousand dollars through YouTube articles, but I have to diversify and create a sustainable brand. So it will lead me to my other revenue streams in just a second. But that’s just something to keep in mind of wins, earning YouTube blog. You have to diversify as soon as possible, so with diversification, number five consulting. So, as my blog surpassed like a hundred thousand subscribers, I started to get approached by brands to consult for their Instagram and YouTube strategy to grow their brand, and I got paid like seventy-five dollars an hour which is pretty cool like I was able to afford apartment In LA travelled the world, it was pretty good like I made a decent living, but I definitely think it’s a tricky situation when you trade time for money, because you could be someone’s bitch easily.

So I really tried to at least you know charge more throughout the years. So now I do around $ 500 an hour give or take. I don’t do too many hourly consulting sessions anymore, because I prefer to do project-based stuff. I just find that training money for time can easily become a job like I didn’t start a business to get employed by someone. I started a business to create my vision, so it’s really important if you guys do do consulting like just to be very mindful of that, because, yes, it’s very profitable, but you can easily be someone else’s bitch.

If you don’t know what you’re doing and you’re just not charging enough for it, because I’ve lost more money, sometimes by consulting because it took me a flight to get there come back book. A hotel like I’ve definitely lost money. So just to be mindful of that profit and cost me guys, if you’re so far and trying this article make sure to give this article a like to. Let me know that you’re doing it subscribe to this blog for more articles about entrepreneurship.

Alright number! Six! Now I currently make money through software in my own products, so basically after consulting like I said, I just became very, very tired of just trading money for time and I realize, like my dream, has always to build a product like since the lemonade stand days. I was just obsessed creating experience, I just didn’t do it anymore, just like it was so sorry, I’m being dramatic.

I was just super grateful for those opportunities. Of course, like I’m, not saying, I’m not grateful for those consulting sessions, but I am saying, though, is I knew that it was time to start something new. So, a year ago, with my co-founder, I started a text message. Software called PBJ app, and this has been amazing journey. Pbj is a text message platform for brands to use to grow their business and for every customer we get it’s around fifteen hundred dollars and the pro of software is that it’s very scalable, like adding one user.

Doesn’t cost us too much money, however, the biggest cons of doing software is it’s very capital intensive at the start, like we probably put in over a hundred thousand dollars into your platform so far, and we still have another half a million dollars to go to finish. Our platform like it is not cheap and I literally pour every lick drip of money. I have into this project cuz. I really believe in it, but yeah, that’s just one of the cons of building your product, but I love it.

I really love our platform and, if you guys want to know more information about my text, message pod for I’ll just put information in the description box and you guys can check it out around the same time I started PBJ. I also started East Lake, which is a food box. I’m not going to go too much in detail about this project, but I started a food subscription box company. Don’t ask why I just pull myself into very interesting opportunities that don’t really make sense all the time, but yeah each box is thirty dollars, so we don’t make a ton of profit honestly on the boxes.

We actually lose more money, but yeah. That is another revenue stream that I’m currently working on and really trying hard to build and hopefully become profitable. I actually have a whole article about how apps don’t make money. I will link it up here in the cards on the description box. If you guys want to know why most companies aren’t profitable, alright guys so to break it down, you saw six ways of how I make money, and now I’m going to show you guys where I make my money, mostly so 30 % of my revenue, I would Say is from piaget gap its customers that pay us to use our text message platform, then the other 30 % is consulting.

I could sold for Shopify brands to grow the business for e-commerce. My father and I have kind of worked on that together, another 30 %. I do make from YouTube whether it’s ads sponsorships. I definitely think that YouTube has brought me so many opportunities with that and, lastly, how this like little sliver percentage, our just random gigs that I do like I do have each like. I have a couple other side.

Hustles I like have an obsession with running businesses, as you can tell like. If there’s a lemonade stand opportunity, I’m jumping on it so yeah, I definitely spread myself a little thin. Sometimes my main focus has always been PBJ consulting and youtube. So those are the ways I curly make money, hey guys. So I just say thank you so much for reading today’s article, if you guys want to know more about entrepreneurship and how I spend my money, give this article a thumbs up and shout out to the comment winner.

That’s supposed to be beach for the next step. This comment: if you have any questions about business finance, I’m not an expert. I actually don’t have his savings. If you guys want to know a whole article about why I don’t have savings, let me know – and I can talk about how I spend my money – I’d love to hear thoughts. Thank you guys. So much for reading and I’ll see you guys in the next one.

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