Three ‘taboo’ money-makers strictly off-limits to you…. until now
Can everyone make money on the side?
In my book, The Eye Of The Needle: The Cost Of Success, I demystify the perception of the overnight success and the idea that you need to be extremely skilled and or quit your full-time job to make money. The truth is, and what you will learn in this article is that there are many ways to make money and you do not need to be extremely skilled or quit your day job, if you do not want to. In the book we share the three key benefits of learning how to build and sell products and services:
1. Security
A day job can offer stability, but it also puts your earning potential all in one basket. If you lose your job, you lose your only source of income. Diversifying with a job on the side means you still have cash if the worst happens.
2. A new hobby
Hobbies are something fun to do, yet they sometimes have spill over benefits. They give you another place to learn and grow, which leads us to the third key benefit of learning how to build and sell products and services.
3. Developing your money-making skillset
Perhaps you were not taught this in school, however, making money is a skill. If you intend to be wealthy, then it is a skill you should practice. To turn your interests and talents into a profitable business you can read and implement the strategies and practical step-by-step guidance given in The Eye Of The Needle: The Cost Of Success. If you apply one idea from the book, it is guaranteed to help you build valuable skills that can be applied to your next idea.
Below are five ways to make money:
Teach online classes
One of the career paths that has become popular due to the pandemic is teaching online. People who teach online have become valuable contributors to online commerce and in return are compensated accordingly.
You too can create your own online course/s. Find a platform that is appropriate for you. Figure out how you want to deliver your course. For example, some professionals sell courses from their websites. To find out more about my public speaking, writing or coaching courses email me at info@eliotkelly.co.uk
Websites give you the ability to customise and control your student’s experience. Perhaps you do not want to be bothered with hosting a site. You can consider partnering with an online course marketplace that will do most of the heavy lifting as far as website and maintenance, optimisation, and monthly fees etc…
Creating an online course does require having a specific or range of valuable teaching content to share. Having identified what, you already know and or can learn, and placing it in a delivery format for your specific audience, you can begin earning within the hour.
Recommend your favourite products
Do not waste your time at home doing nothing. Even if you have a full-time job, we all have products and services that we love and swear by. Most people do not know that there is a mature industry devoted to referring online businesses. In the past, affiliate programs were reserved for large, high-traffic sites. Now these opportunities are available to you.
Companies that have affiliate programs earn when affiliates earn. Social commerce networks allow everyone an opportunity to earn through direct and indirect relationships.
Rent unused space
Short-term rental as a service is not new, however, some of the potential opportunities made available through peer-to-peer short-term rental via companies like Airbnb can become a new stream of income for you.
Decide when to make your space available. Listing is free. Individually approve potential guests. There is an Airbnb host fee for payment processing and guest pay Airbnb booking fees. To take advantage of this money-maker, become acquainted with the most updated information on Airbnb’s website. There you will find relevant tax and regulations for your area.
While Airbnb has had it’s share of controversy, Airbnb’s success is founded on the ability of essentially anyone to list an extra room on their website.
Hands down the quickest way to make money and create wealth (without breaking the law) is to believe you can do it. You can learn and seek out ways to use the skills and/or resources you have or can acquire.
The examples reviewed here, and any other strategies for making money, involve placing a bet on you. There are real ways to make money offline and online — millions of people are doing it each day and so can you.
Whether you are applying what you have learned from The Eye Of The Needle: The Cost Of Success or practising what you have learned here, your future only gets better when you get better. You may not be able to do all you find out in the book, but you should find out all you can do.
Eliot Kelly is recognised as a serial Entrepreneur, and has been featured on CNN, BBC, BBC Three’s Be Your Own Boss and an extensive list of magazines and articles.
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