Anyways, when I first started getting involved in internet marketing, I was torn in a million directions.
...and I still am today.
Just off the top of my head, here are a few ways to build an online business:
- Flip websites
- Flip domains
- Build Adsense sites
- Promote information products as an affiliate
- Promote physical products as an affiliate
- Publish books on Kindle
- Create and sell your own eBook or video course
- Provide services
- Dropshipping on eBay
- Build directory sites and rent out space
And those are besides ideas like creating software as a service (SAAS) sites, apps for smart phones, promoting CPA offers through PPC, etc.
But when you're first getting started, many people are just trying to get momentum somewhere.
Because it can be discouraging if you "work on internet marketing" for months and months without making a dime.
For example, I got started when Facebook games were getting hot. I built a list of thousands of Cafeville and Farmville players.
I thought I was pretty slick and would make all this money by promoting eBooks about those games to them.
But after a few months, I only made a few sales.
Why? Because of the market. Sure, some affiliates made decent money in that market, but in general most of us didn't. People playing free Facebook games just weren't going to drop $29 on a freakin' eBook.
Discouraged, I tried something else. I figured I could try my hand at writing.
So I offered my services here on the Warrior Forum. At first my prices were really cheap, but after enough clients told me to raise my rates, I went from charging $1/100 words to $5/100 words.
I don't consider myself a great writer, but I can put together 500-1,000 words in an hour on most topics. So that means when I have a client paying me that much, I'm making between $25-$50 an hour.
Yes, it takes time to get started.
Yes, you end up writing about some boring topics sometimes.
Yes, you have to spend time marketing your services to clients. (Although eventually you may land an excellent one- I've had one client for 15 months now.)
Yes, it's not as scalable as other options like PPC or building a list to promote affiliate offers.
But it's cash flow, and you can invest that cash flow into more scalable opportunities. For example, if you make $25/day and you work 20 days a month, you now have $500 to test on PPC or Facebook ads.
Can you learn a few things after dropping $500 on advertising? Yes- definitely.
But to get there, you can't be trying something new every week. Determine a skill you have that people will pay for and start selling it.
The WF is a great place to start, but free accounts at sites like Upwork also let you contact dozens of potential clients a month for FREE.
I started with writing- as a native English speaker, I have an advantage in that regard. But I SUCK at graphic design, website design, video editing, etc. If those are skills you have, there are tons of people out there that will pay you for them.
For warriors to recommend selling services is nothing new. Everyone knows you won't get rich writing articles for $25 an hour.
But it's a start, and it gives you the motivation and capital you need to scale up and invest in bigger long-term projects. Plus if you decide to start a service business and hire others to do all the work for you, at least you now have experience and know how long a project should take, what's a good price to quote the customer, etc.
Good luck, warriors!