What’s up guys!
One of the most common questions I get from readers is – “How do you make money while traveling?” I’ve experimented with so many ideas and projects over the years and I finally managed to make a steady income.
Would You Like To Make Money Online?
I’m far from being an expert on this stuff but I’ll share my opinions with you today. There are millions of ways to make money online. Everyone has their own skills and preferences. You really need to experiment with different things until you find what works for you.
If you find a way to make $20 online, it can usually be scaled up to $200 then $2,000 and so on. Once you find your niche just run with it. You can keep your day job and make some good side income or just head to somewhere cheap and work by the beach. The choice is yours!
Here’s a few ways I make money online. Freelance writing, affiliate marketing and selling ebooks. Each has their pros and cons which I’ll touch on briefly and then I will tell you which is my favorite method of making money online.
Freelance writing is great for people who need to make money right away and don’t have time to work on their own projects hoping they succeed. You can literally open another tab in your browser right now, google “freelance writing jobs,” apply for a bunch of them and start working this week.
Believe me anyone can do it… I started with absolutely no experience, no background in writing, nothing. I just applied for a bunch of jobs and finally got my first assignment. Pay will be low starting out but once you have some quality articles you can show to potential clients it becomes much easier to get good jobs.
If you really want to find work as a freelance writer, join my forum here and send me a private message. My name is Skins. I will tell you where I found all of my top paying jobs. I will give you this info for free if you are serious, but I don’t want to post the link here for the world to see. I may need to go back there and find work someday! 😉
What I hate about freelance writing is it’s a JOB. You’re trading your time for money and helping other businesses grow when you should be working on your own projects. Hey I understand we all need to pay the bills but the goal should be to ditch the job and build a business.
Affiliate marketing is a fantastic way to make money online. If you’re not familiar with the term then here’s a brief explanation… As an Affiliate, you will promote other peoples products and receive a commission for any sales that were made from clicking on your links.
For example, this blog Single Man’s Paradise has affiliate links. If you book a hotel, join a dating site or buy a product from Amazon then I receive a small commission from these companies. It’s not much, but if you have decent traffic then those sales can add up to a nice monthly salary.
The sky is the limit when it comes to affiliate marketing. If you have an extremely popular site (or group of sites) you can make very good money. What I love about affiliate marketing is it’s hassle free. I don’t have to worry about shipping products or dealing with customer service. All I do is promote the product.
The thing I don’t like about affiliate marketing is it’s not a real business… Despite the freedom, you are still working for someone else. Break their terms and conditions and you’re done.
You’re basically a freelance marketer for companies and they call the shots. They also make the real money while giving you a tiny cut. Your goal should be to create your own product that others can promote.
The Best Way To Make Money Online
OK so now it’s clear what we should be trying to build… We need a real business that can scale. It must have very few moving parts and people to deal with.
Passive Income = Freedom. The greatest feeling on earth is not owning an alarm clock… These days, I live in paradise and I wake up whenever I want. This was my ultimate goal. We want to spend our days on the beach and our nights in bed with a sexy Asian girl right? 😛
So what’s the answer? Sell information. This can be video courses, membership sites or books. The easiest way to start right away is by creating an ebook. I sincerely believe selling ebooks is the easiest way to make money online right now.
Think about it… Once you write an ebook it’s done. You sell it online and it’s purchased via online payment then downloaded instantly. No cash to collect, no shipping and handling, no warehouse full of products. No hosting costs or site management. It’s completely hands off once you create the product. This is a beautiful business model that will make you laugh at all those stressed out bar owners you see in south east Asia!
Making Money With Kindle
I’ve experimented with a few different platforms and hands down the greatest place to sell your ebook is Kindle on Amazon. Amazon is one of the most popular sites in the world and eBooks are selling like crazy. The future is here and media has gone digital. This presents us internet entrepreneurs with a tremendous opportunity.
You can write a book this weekend and publish it for sale on Kindle. It’s free and very easy to do. Then you’re done… Amazon handles the billing, promotion and customer service. They just deposit your earnings into your account each month. It’s truly passive income.
Here’s one of my books… The Single Man’s Guide To Thailand. It doesn’t sell much… but it does sell. Now imagine you have dozens of eBooks for sale making you passive income each month. A true hustler would take the extra effort and promote their books online and via social media… but Kindle will do a lot of the heavy lifting for you.
To be honest I do absolutely nothing to promote my ebooks. I just upload them to Kindle, run the free promotion and then forget about it. Then I see deposits from Amazon coming into my bank account! I’ve decided to give this business model my full attention and scale up that passive income as much as possible.
The Best Kindle Training Course On The Market
If you’re interested in learning the kindle business from a pro then I highly recommend the Kindle Money Mastery course by Stefan Pylarinos. I’ve read a lot of books and searched the web for info on writing ebooks and this course is the best by far! I wish I just skipped the bullshit and bought this course years ago.
Sometimes I have a tendency to skip over the dollars to save a nickel but that’s never a wise decision. This course only costs $67 dollars and it’s absolutely PACKED with valuable information about making money with Kindle. It really covers it all.
Sure you can browse the forums and scrape together as much free info as you can then proceed by trial and error… But that could add YEARS onto your journey to success. If you’re serious about making money online, you need to educate yourself and then give it some real effort.
Stefan knows his stuff and he’s making serious money selling ebooks. This course blew my mind because I never thought of outsourcing my ebooks before! I always just figured I need to bang out books on topics I know about. That’s a slow grind right there… Stefan will teach you his strategy for outsourcing ebooks to other writers for dirt cheap.
That’s what being a business owner is all about. It’s a shift in mind state. Don’t be an affiliate marketer, offer an affiliate product! Don’t be a freelance writer, hire freelance writers! Time to think BIG.
The video lessons in this course are extremely detailed. He really holds your hand and walks you through the process of creating your ebook, getting it published, promoting it and much more. The facebook group is also extremely valuable as it’s full of people who are actually making money with this business model.
Stefan also offers a money back guarantee for sixty days. If you don’t like the course you can return it and get your cash back, no questions asked.
I truly believe selling ebooks is the best way to make passive income online. It’s set it and forget it! Nothing else I’ve tried comes close. The downside is it takes some time to build up a decent income but once you do, it’s completely passive income!
If you want to learn about kindle publishing then I highly recommend Kindle Money Mastery. <—- That’s an affiliate link, so if you purchase the course I make a small commision, but I would never promote a product I didn’t use and love myself. I truly believe that this course can put you on the path to being financially free and location independent.
My plan is to really focus on self publishing to see how far I can take it. Wish me luck. I wish you all luck on your journey as well. See you in paradise!