How can I supplement my income without any startup fees?

16 replies
Hello! I'm new here in this forum, and I'm not quite sure what it's about yet. I'm still lurking, so forgive me if these questions have been asked before. I want to tell you a little about me first. I'm 25 years old, married, with a house, and a full time job as a restaurant manager. It pays me well, but not enough to be able to support a family in the future with my wife. I'm not looking to quit my full time job, because I do enjoy it. However, I would like to find something I can do online to help me earn some extra so I can start saving up and not live paycheck to paycheck.

What brought me here was Matt Lloyd's MOBE thing. I was actually introduced to it by another of his affiliates. Right now I signed up with one of his affiliates to be an affiliate (I know, I'm already confused). I have no idea how this works. However, it was free so I'm not complaining. The deal I have now is that I have to drive traffic to my affiliate link. If a sale is made, I get a commission. How to get that traffic I have no clue. He suggested I make youtube videos, which I am going to try to start doing.

The whole system sounds a bit like a scam. For one, the products they are selling aren't even tangible. They are all digital, so their value is kind of up in the air. For the MOBE license, it's almost $2000! I can't afford that unless I don't pay my bills or eat for a couple months. Then once you are in as a licensee, you try to sucker other people in to buy the thing you paid for. So to me it seems a bit dishonest, as you are just suckering people into buying an imaginary product that they can sell to someone else. I mean, ethically I'd be okay with that. The only problem is the startup costs.

Is this how most Internet marketing works? You sell a digital product to someone who then tries to sell it to other people to get their money back? I don't know about it.

Are there any ways to make money online without spending a ton in startup expenses. I just signed up as a free affiliate with this one guy, so I guess I'll see if that works out in the next couple months or not.
#fees #income #startup #supplement
  • Profile picture of the author Joan Altz
    Since you are new and have experience as a restaurant manager, but don't want to go at online marketing full time, you could sell other, non-competing restaurants mobile websites or reputation management services. Use your current position and knowledge about the restaurant business to be heard.

    Do a search on the forum for "mobile websites" or "reputation management" and check out what is available here. And check out the Offline Marketing section of the forum here to get a game plan down and learn some sales techniques for free.

    Stick with what you know and you have a better chance of success, especially at the beginning. You could branch out into other things later.
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    • Profile picture of the author bible
      Hi,
      If you will be more comfortable marketing tangible products then head over to Amazon.com website, it is free to sign up.
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  • Profile picture of the author fred67
    If I were you, I would not spend a single penny yet ..... Just stalk this Forum for a few weeks and only take notice of the many 'authority' figures here (I'm not one sadly) and you'll get an enormous amount of FREE education.

    THEN enter the world of affiliate marketing as it really is a minefield where you'll LOSE far more than you make if you enter it blind as you are doing right now
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  • Profile picture of the author laurencewins
    Yes, don't spend money until you KNOW what you want to do. There are loads of ways to make money that don't require $2000 up front. What skills do you have?
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  • Profile picture of the author PeckhamPirate
    @Laurence (hello mate)
    Agreed, look at what you know - restaurants in this case - and then think of services they might need.

    Great thing about the hospitality industry is it's way understaffed and food outlets are often owned by business people who have no idea of marketing outside of a newspaper ad.

    You could offer to manage promotions on Groupon-like sites, set up postcard campaigns, create Facebook or Google business pages, build them a website, set up their pages on Yelp, 4Square or any of the directory-type sites you see when you search for restaurants in your town.

    I love working with restaurants, and hotels cos they get to see the impact of your work really quickly and are easily 'wow-ed', especially with something like a good Groupon campaign or money-off voucher.
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  • Profile picture of the author dengkane
    Don't try buying such expensive products, there are many cheap but still profitable ways, for example, you can add a signature under your posts, and promote an affiliate program related with Internet marketing.

    I suggest you learn to setup a funnel and build a list, it won't cost much money, but can let you on the right way quickly.
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  • Profile picture of the author eternaldream
    Well I did take some classes in website design and such years ago in college. Don't remember much of it though, so I'd have to do a fair bit of research online. As a marketer, do you have to know how to build the websites? Or can you just play middle man to hook up someone needing a website with someone who can do it?
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    • Profile picture of the author valmillercorl
      Originally Posted by eternaldream View Post

      Well I did take some classes in website design and such years ago in college. Don't remember much of it though, so I'd have to do a fair bit of research online. As a marketer, do you have to know how to build the websites? Or can you just play middle man to hook up someone needing a website with someone who can do it?
      Hi there!

      There are many free sites where you can create a decent website. Try Weebly or Blogger or Wordpress.

      Also I agree with the others who stated use your knowledge of the restaurant industry since you already enjoy what you do to make money online.

      PM me cause I know a few peeps who have great templates for restaurant sites. Or just for info. on affiliate marketing in general.

      And just keep reading here to get an idea of what it's all about.

      The fastest way to make money with no startup costs is to offer a service online...I offer Copywriting services and there's no fee involved in marketing that.

      Good luck to you!

      Valarie
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      • Profile picture of the author agmccall
        If you can afford the $40.00 or whatever the price is now, I would join the War Room. The War Room is a paid sub-forum of the warrior forum. There you can downlod tons of free "How To" guides and techniques.

        I would not Personal Message (PM) anyone here or respond to any personal messages for a while. Get to know what people are saying and most of the good information will happen in public and not in private

        al
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        • Profile picture of the author PeckhamPirate
          surely he already paid, or he wouldn't be starting this thread...
          But I agree, the dark corners of warrior Forum are a great place to get ideas.

          Originally Posted by agmccall View Post

          If you can afford the $40.00 or whatever the price is now, I would join the War Room. The War Room is a paid sub-forum of the warrior forum. There you can downlod tons of free "How To" guides and techniques.

          I would not Personal Message (PM) anyone here or respond to any personal messages for a while. Get to know what people are saying and most of the good information will happen in public and not in private

          al
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  • Profile picture of the author Phillip McGough
    I would say start with the industry you know, or something you have a passion for.

    Affiliate marketing will be best when it comes to a small start up, but know just like any successful business, you will have to start spending money at some time and reinvesting your profits back into your business to grow.
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  • Profile picture of the author Rose Anderson
    Does your restaurant have a website? A Facebook page? If you find profitable ways to market your restaurant online -- then you can start a blog or write an ebook about how you did it.

    Rose
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  • Profile picture of the author seobro
    Create a food blog and monetize it through ad sense and amazon. There are many food blogs already, but you can specialize in a niche that is very narrow. Always are some new people who will like to find out about new trends in the hospitality area. Best case is that you will become more popular than you already are.
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  • Profile picture of the author Lurk
    Stick to what you know that way the learning curve is little, and, the earning potential is immediate for the sake of your family.

    I would think you could create training videos in the food industry. Have you thought about offline consulting? I am not sure of the angle, but, I know I am on to something.

    You could maybe start an online training management for new franchise owners, or, the like. Upsell, for in person training. Pound the pavement locally.

    Just my opinions brainstorming
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  • Profile picture of the author focusedlife
    @eternaldream - Welcome to the shiney object world of internet marketing.

    If I may jump right in with my, equally, confusing two cents....

    I believe the EASIEST way to make real money in IM is undoubtedly offering services on Fiverr.com

    If you think about it...its the ULTIMATE affiliate platform.

    The site
    1. has its own traffic,
    2. everyone visiting is a potential buyer,
    3. they pay 80% commissions on sale you make
    4. No hosting fees
    5. FREE hosted sales page
    6. They pay for retargeting traffic

    On and on....

    Anyways, I used it to make about $3000 in one month by selling one off information products so it really gave me the ability to understand internet marketing, build a buyers list and make a connection with the likes of Perry Marshall (look him up if you don't know who he is).

    After Fiverr...I'd say helping a local business is the NEXT easiest way to make money without incurring much cost, but the problem here is you need to really understand what service you'll be offering.

    Hope that was helpful and very much hope you find your stride.

    Regards

    Los
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  • Profile picture of the author ahboy
    When i started out afew years ago, i wrote articles and submitted to associatedcontent and got paid. Well now people jump the Fiverr Boat....You can do part time basis and earn a nice stable income if you got the right services
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