Online Income Ideas

An Active Online Income Requires Patience, Perseverance and the Willingness to Learn from Our Mistakes!

Let’s say you are a fitness coach, a make-up artist, maybe even a musician or a videographer… You are good at what you do, YOU ARE GOOD! The only thing is that although the world is your oyster, the shell feels pretty tight. The exposure, expansion, and therefore income are directly related and impacted when we only have one basket and depend on one source of earnings. The richest people in the world have many sources of income, including property, investments, shares, and savings which generate high interest. This approach provides for financial stability and maximises earning potential. When one stream is down, the other streams take over to ensure continuity of their lifestyle. And whilst some of us may not want or need all that the richest of the world brings, financial security is important to the majority of people, no matter their status, background, or circumstance. Having multiple sources of income sounds like a great idea, however, most people never go beyond working a day job because they aren’t aware of the income opportunities at their disposal nor want to venture beyond the “comfort zone”. With that said, the benefits of having multiple income streams are important to consider. Becoming a leader in your field has never been more possible, or accessible. We are all connected via a literal web of opportunities and above all, the ability to turn the sentence “You know, I always wanted to…” into a heartbeating project and subsequently, an income stream!

Examples of Multiple Active Income Streams:

• Start an affiliate store or social media platform (commission-based) promoting and selling recommended products.
• Start an affiliate business for the company that you feel excited about (commission-based and may require marketing).
• Create and sell your own designs on t-shirts, canvases, tea mugs etc. using print-on-demand services, which allows for no upfront costs, stock holding, and outsourced production. (e-commerce).
• Create, write & publish your own e-book, including paperback prints using online publishing print-on-demand services and fulfilment (no stock e-commerce).
• Create your own brand, source products, and sell on online selling platforms (e-commerce).
• Launch an Online Course aligned with your skills (coaching).
• Create sellable digital downloads which once put together will sell time and time again (no stock e-commerce).
• Start a blog and create various social media platforms, which with time will become your faithful customer base (organic).
• To manage your business, you’ll need an autoresponder platform to communicate effectively and efficiently with your audience and email subscribers!

Useful links:

• Print-on-demand and fulfilment platforms, like Printful and Printify, are a great starting point!
• Creative design platforms, like Canva or Glorify, are invaluable for the photo/ logo/ banner/ social media posts creative process.
• Product Mockup templates, like Placeit will provide professional imagery for your services.
• An efficient email autoresponder to manage your subscriber list. For example, the free to sign up, AWeber will provide you with all that you need to communicate effectively with your customers!

Let’s look at some ideas for creating a passive online income stream:

• Start a high-ticket (expensive products) social media platform (delegate/outsource social media operation) promoting and selling recommended products. The more eyeballs (followers) we have, the bigger the earning potential
• Include affiliate (ambassador) links for products and services in the description of your YouTube posts
• Open your website to 3rd party advertising (monetise the website)
• Digitise your product/ courses. Once created, they will sell time and time again without the necessity of you being physically present (requires marketing… otherwise nobody will know you are out there). You’ll need an email autoresponder platform to automate the process and to communicate efficiently with your subscribers/ clients/ students!

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