Lifestyle

Passive Income: Make extra money online

Passive Income: What is it and how can it benefit me?

Cash to Computing (photo credit Flickr)

Cash to Computing (photo credit Flickr)

Passive: not actively participating.  Income:  monetary payment.  

Combine them and it means money made without working that sounds too good to be true.  It is too good to be truce, because there is always some footwork to be done ahead of time.

Setting up that webinar takes time so does taking video and editing that YouTube upload.  But once its done set the marketing to autopilot and then let the passive income roll-in!  Yeah, that is wishful thinking too, there is a lot of hard work to be done to keep it up and running.  Also, keeping with the trends can be hard, but the tools below can help you meet your goals.

Make Money Online

Make Money Online

Get Started

This is the most difficult part, it was hard for me too!  The first steps are always the toughest.

Have a long term goal and cut it down into smaller pieces, so you can gradually to achieve this goal

  1. Have an idea for a Webinar?  Use this cool tool to monetize it.  Monetize it means to make money from it, like cash deposited into that PayPal account!
  2. I’ve started affiliate marketing with Share A Sale: Find a sponsor for your web site. Get paid for your great content. shareasale.com.
  3. Also, try this marketing tool: Drive more traffic to your online store using performance based marketing.
  4. Set up a drop-shipping site with a free trial with Oberlo: 30 day trial here:
  5. SpyFu helps find competitors most profitable keywords to make it easy to think these up
    1. Increases web-traffic
    2. Tracking keywords automatically
    3. Make better connections
  6. To help get started here is a Word Press Coupon: AMP for WordPress – WP Engine Webinar with Yoast SEO
    1. What is SEO?  Search Engine Optimization
    2. This basically means when people search a topic your website is actually on the list!  Trust me, its worth the investment!


Automate it:

Whew, the hard part is over.  The site has been created, the Videos are posted, and the articles are written… Now what?  There are endless resources on automating the promotion of your webinar, you-tube videos, or blog articles.

Here is a list of my favorites:

  1. Tailwind:Grab your free trial here
    1. Discover Content: taking the work out of work- they do it for you
    2. Schedule Posts: posts get automatically updated
    3. Monitor Conversations
    4. Amplify Research: can’t think of what to research? They do it for you
    5. Analyst Results: the tools are available here
    6. Perfect for Instagram and Pinterest users
  2. I need hits: This awesome tool boots web-traffic!10% Off 1st Time Orders at iNeedHits.com – Shop Now! Use Code: SAVEINH2012
    1. Get listed in Google
    2. Location Targeted Traffic
    3. Affordable Pricing
  3. Vertical Response
  4. Kolau

Boost your Website Traffic with iNeedHits Today! Shop Now!

Now invest it:

Passive Income can be created by investing into the stock market via mutual funds, individual stocks, or bonds.  Once the cash starts rolling in, now its time to make some smart decisions and use Ally and other investment tools to continue making money.

  1. Open an Ally Invest account
  2. Swell: Investing in stocks that allign with your values
  3. Robinhood:
    1. Easy investing right on smartphone
    2. Free Stock Trading
  4. Acorns
    1. Easy round-up from a credit card or debit card of your choice
    2. Set it and forget it

Good Luck on your adventure into online money making!  Tell me about your webinar in the comments, I’d love to check it out!

Oh yeah, there are affiliate links in this article, but I check them all out before I suggest em!  We are all in it to make the money right?

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Beginning Photography

The adventure is about to begin!  I’m going to take a beginning photography class and log my results in this post.  Follow me as I explore the tools that are available.

Photo Editing:

My first choice for photo editing is Learn Photo Editing.net Click Here!

  • Cartoon and Character Photos: Turn your regular photo into a character drawing
  • Editing Facial Features: Make those blemishes dissapear
  • Retouching and Color Grading: Awesome techniques used to beautify photos
  • Change Lighting: Make that photo jump out of the screen
  • Portraits into Glamour Shots
  • Advanced Color Grading Tutorials
  • Create a Video Game Look
  • New Tutorials added as techniques are updated
Beginning Photography (photo credit Flickr)

Beginning Photography (photo credit Flickr)

Trick Photography:

This one is pretty cool too, this explains everything you need to know about taking that perfect shot: FroKnowsPhoto Click Here!

  • Start with learning basics of a camera
  • Composition is finally explained
  • Camera shooting modes
  • Shutter speed and motion
  • Shutter speed and exposure
  • ISO
  • Aperture
  • Depth of Field
  • How to use the light meter

Monetize your website traffic with yX Media

Nature Photography

Now its time to take those perfect landscape photos that will jump at the Instagram users! Click Here!

I started using the Lightroom with Landscape Legend Lightroom Presets They offer the following awesome nature photography tips and tricks that are a true time saver.

  • One-click Lightroom presets
  • Workflow presets
  • How-to Videos
  • Process photos faster
  • Risk Free with a full refund if not happy with this product

I’m headed outside now to take my camera for a nice long walk in the woods.  I know I’ll get my Instagram worthy shots with the tips above!

Show me your best photo!

Create a Webinar or Training Module

I scrolled across EverLesson recently and I’m in the process of creating a webinar and training modules for my day job. I am thinking of trying it out by creating a training for the grandparents on how to log into Facebook, their Gmail, or even using Skype.  The ideas on creating videos or training modules regarding, how-to XYZ, DIY, or gaming solutions are endless.

EverLesson: What is it?

Create easy how-to lessons, develop a membership site, sell items thru it, brand promotion, engaging your users, allowing banner adds, scrolling news ticker and many other items that will be detailed below.

The list of ideas on using this just keep coming, so on-boarding new employees, hosting videos, online training and education.  Get more exposure for the products selling, how-to use the product videos, tips and tricks on your products, this can definitely mean more sales in the long run!

Or, take that drop shipping site to a new level, by showing videos on using the items, have adds and banners across the top of the page and then have flashing items to get the user to buy it after they see the awesome review!

Create an EverLesson Course:

Five easy steps to get going: Click Here!

  1. Create a Theme: Which is very easy as they have formatted themes available that have been proven to work for other users
  2. Customize: Easily customize the color palate to suit your brand
  3. Build Pages: Video’s can be added, Downloads, Create Modules.  Each page can have trip wires, banners, links, or other adds.
    1. Set up Call-to-Action boxes to announce a new product or special promotion
    2. Set up a scrolling news ticker across the header
  4. Setup Access: Offer the content in form of packages, levels, up-sells that are all available for the members to purchase
    1. By creating levels and packages this allows for breaking sales down to a single product for access
    2. This is useful with Up-sells, showing how to set up their blog then an up-sell would be monetizing it.
  5. Sales Page:  Based on the input these pages are automatically generated.

There is no coding needed and nothing technical!  Easy for the rest of us to use and create our own webinars or training.

Webinar computer wires

Old Webinar (photo credit Flickr)

Features:

  • Manual Payments
  • Comment Moderation
  • New Comment Layout
  • Pop-up monetization
  • Top bar monetization
  • Upcoming module- display upcoming modules
  • Live Leap & Broadcasting to Facebook Live video:  This is really neat function!  Makes is super easy!
  • Ratings- users can rate the module for real time feedback
  • New Product Pages: Promote new items, products, or new lessons
  • New Sales Page
  • Drip-feed Categories
  • Leader-board – Users can see standing inside membership
Webinar

Easy Webinar
(photo credit: Flickr)

My Plans:

I’d like to use this to set up training sites that are linked to my website. What I like most about this product is the easy way to collect money, and the various ways to do it.  Including taking money for additional courses, banner adds, or add-on items and up-sells.

Now my to-do list includes:  Find a product to promote, make a video on how to use it, sell it thru a module on EverLesson and make some cash!

Look at my resource page for other Side Money Ideas!

There may be, well there are, affiliate links in this article.  Hey, I want to make some money too!

Side Money via Drop Shipping

In my quest to find ways to make money online I came across a term I didn’t know well: Drop Shipping.

My thoughts were, what is this, how does it work, is it high risk, what are the rewards, and is it worth a shot?  And can anybody really do it any better than Amazon?  Maybe there is some low hanging fruit here for me.

What is Drop Shipping?

Here is the process:

  1. Receive and order from a customer
  2. Send the order to your supplier
  3. Supplier ships order to your customer
  4. Everyone gets paid!

Sounds easy right?  No, I don’t think so.  First, where are the customers?  Do they just find me?  And how many other people are selling this same product?  Possibly at a lower price too!  Now this sounds like work, but it might be worth it if I can find the right product.

Drop Shipping makes me happy (photo credit Flickr)

Drop Shipping makes me happy (photo credit Flickr)

Who is Drop Shipping for?

In researching this further I found that Drop Shipping is for the first time sellers, its low risk but also low reward.  I found a few sites that let you start up as low as $67.  Like  SaleHoo

Oberlo is another site that lets you do a “free” trial, but we all know nothing is free.  My thought is why not try it out and see how it goes.  I’ll update this if I drop it or end up paying for it.

Drop Shipping is also good for the supplier who wants to test out a new product.  Drop shipping allows for a nice test market.

Also, if a new supplier wants to get their product out there but doesn’t have the capital; drop shipping would work for them as well.


Drop Shipping Tips:

  • Don’t sell what you think will work, or selling on a hunch, because realistically you are selling blind then.  Decisions need to be based on facts.  Utilize Google Keyword Planner, Look at Google Trends, search for your potential products on Amazon or E bay to see what the competitors are selling it for.  Check to see if are there any reviews for your product at the Better Business Bureau.
  • Don’t sell what everyone else is selling, because they will beat you out on pricing and then you are left with nothing
  • Don’t sell stuff that nobody wants – duh!
  • Sell things that lots of people want but not what other people are selling: Here are ways to research this:

Now, I just need to find some customers, a product, and a supplier...

Good Luck on your Quest!

 

Scammers are after you

A new day a new tactic, scammers have no dignity, scamming social security, charities, and the IRS.  It is downright scary!  Everyday I get another email or roll across a website cautioning everyone about another scam.  There are the strange phone calls demanding money for loans that don’t exist. They say the local law enforcement or border patrol is coming to get me.  Send them over, I just made a fresh pot of coffee!

Red-Flags to Scammers:

IRS-Impersonation by Telephone:

I’ve even had this one happen to me recently.  They are really aggressive.  Saying they’ll send over the local law enforcement unless you give them the information they want (specifically your credit card number).  This is not how the IRS works.  They don’t call people out of the blue anymore.  In most audits they will send a letter on initial contact, they have ID’s, they have ID numbers and they’ll gladly give you their managers name and number.

The IRS will never:

  • Call to demand immediate payment
  • Threaten to immediately bring in local law-enforcement
  • Demand you pay without giving you opportunity to appeal
  • Ask for credit or debit card numbers over the phone
  • Can’t take payments via iTunes gift cards (newest scam)
Email, Smishing, Phishing and Malware:  

Identity theft via text message is smishing, via web or email its phishing!  The scammers are fraudulently using the IRS name or local to dupe people into giving them their personal information.  A typical example is to follow this link to a fake website and log-in.  Upon logged-in to a fake website the scammer will now have your information!

I recently received an email from my bank saying that I needed to log-into my account to verify a purchase (of course the email offered a easy link to the bank).  This could easily catch someone who is in a rush or just not thinking about identity theft, which is what scammers rely on.

Malware is short for “malicious software,” malware refers to software programs designed to damage or do other unwanted actions on a computer system.  This can be unknowingly loaded by clicking on a website, thru a text message or emailed link.

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