[WPXperVideo id=1]Hey guys, I have two main goals with this video the first one is to educate and motivate you to learn how to make money online, and the second is to beat improvement pills video on the same topic. Hopefully by accomplishing the first goal by educating and motivating you and adding immense value throughout this video, it will lead me to my second goal because for some reason I’m really competitive.
Anyways the first time this video will be about active income. Active income is basically exchanging your own time for money and the last, half of this video will be about passive income online which basically means that it requires a little bit of initial startup time and resources, but very very little upkeep. Once you set it up and at the very end of this video I’m going to give you my 3 recommendations for a beginner. What I would have told myself a long time ago if I was starting to try to earn money online so feel free to sit back and learn.
If you’d like anyways here we go so if you’ve never heard of Amazon MTurk before, what it stands for is Amazon Mechanical Turk. It’s basically a marketplace hosted by Amazon to do things that robots can’t do that they have to have humans to do and they outsource it to you guys, they outsource it to people with extra time who want to earn a little extra money. There are all kinds of tasks on this website anywhere from searching data to data entry to transcribing, which transcribing means watching and listening to a video or audio file and then typing it and you can actually make fifteen to thirty dollars an hour. If you know how to do this correctly and if you know more than one language you can actually make money on this website by translating stuff. Now I’ve personally done this and I earned around forty to fifty dollars and I didn’t put much work into it, but my friend he worked a full time job and he actually did this on the side and he did it for a couple months. He actually earned more than I think it was like three hundred fifty dollars each month. So they are real, they do payout you just have to put the time into it.
Another way to make money online is by eBay. Now you can combine eBay with Craigslist, you can even go to the dollar store Facebook marketplace and basically what you do is, you become an entrepreneur buying low and selling high, you know, you go to your local dollar store and you find this little trinket, oh that looks cool, I want to win it cost on eBay, you look it up on eBay and you can sell it for 20 more dollars. It’s maybe a super soaker water gun you buy it at the dollar store for three dollars, you sell it on eBay for twenty three, boom, twenty dollars right there. It probably doesn’t even take you an hour worth of your time. Anyways there are all kinds of marketplaces out there and if you learn how to leverage them what sells best to where, you can make a ton of money flipping stuff.
Number three is surveys. Now surveys are kind of a pain in the butt especially because I start getting some spam in the mail but you can’t make a ton of money on this. There’s places out there like swag bucks which I’ll talk about later. Inbox dollars, in my points there’s all kinds of places you sign up to, you take daily surveys and you make money. That’s not going to be a substantial amount like thousands of dollars a month but if you have a grocery bill or rent or some other type of expense that you need to get taken care of that month and you have some extra time. It’s a great way to fill that gap.
Now on to swag bucks. Swag bucks is pretty cool because you can literally get paid by searching stuff so I did this probably a couple years ago and I’ve been doing it every now and then. When my free time and you can earn a lot of extra money doing this basically instead of going to Google you use swag bucks custom search engine which you can set it to Google and you search stuff like, how to tie a tie and then every once in a while they’ll give you a reward for using their search engines. Now there are tons of other ways to earn money on swag bucks you can actually shop if you’re going to shop on Amazon and you shop through them they will actually pay you a percentage of money for doing that. You can watch videos that they have basically like watching advertisements other companies, you can play games, answer surveys. There’s all kinds of ways to make money on this and they do pay. I have been paid by this company usually. They just pay you buy gift cards which isn’t that bad.
After swag bucks is Instagram shoutouts. Our Instagram shoutouts is really cool but it does take a little bit of time to build up because you have to have an initial following. That’s really cool because initially if you want to get a whole bunch of followers you can go through follow 100 people and then unfollow that 100 people. You’ll usually have a net gain of like 10 to 50 new followers if you do that over time maybe a thousand times in one month or a couple months. Eventually you’ll start to gain followers and if you need to, you can actually buy them but after you have that initial following you can actually sell shoutouts. If you haven’t followed me on Instagram yet follow me at practical underscore psych. There’s some awesome updates on there that I can’t share on YouTube that I share on my Instagram. Anyways when I get to around 200,000 maybe even half a million I can start asking people to pay me so that I can shot them out. I have a friend who does this he has around 2 million Instagram followers you might think holy moley, that’s a lot of followers to get. I don’t think I can ever do that. Well, he said the same thing around 2 years ago and now he makes around 5 to 6 thousand dollars a month just by doing shoutouts. He’s easily made his money back.
The next way to make money online is by freelance jobs. Now one of the best marketplaces for freelance work is up work and this is actually what I use for all kinds of other stuff. So if you’re a video editor, if you’re a graphic designer even if you just want to like literally play a video game, or test a website, people will pay you to do this. Also if you’re ever in need of a virtual assistant up work is a great place to go. Personally I use of work to hire occasional article writers, video editors, and even they do some graphic design work that I don’t feel comfortable doing myself, but you can sign up to up work as a freelancer which means when someone post a job you can do it, boom. They’re 60 bucks in your pocket for designing a background or boom, there’s $100 in your pocket for editing a six minute video. Now another usually cheaper marketplace is fiverr. The fiverr is really cool because there’s a lot more people that do it. Usually because this stuff is cheaper and you can make money by selling your services so you can do SEO work. You can do video editing graphic design even website feedback. If you’re comfortable doing that well you can sell your own services but there’s another way to make money with Fiverr that not very many people know about. If they do know about it they’re usually raking in a ton of cash and that is to buy services from Fiverr for $5, $10 and then sell them to businesses who don’t know how to get the same services that cheap for maybe $100 $200. I’ve literally seen some guy go to a company and say, hey I’ll make you a logo for $500 and then he takes that and he goes and pays five or $10 he gets a great logo, and he just made like over $400 profit for a weekend’s worth of work. It’s crazy once you learn how to do this you can scale it and make all kinds of money.
Now let’s talk a little bit about passive income. Now if you don’t know anything about passive income I highly encourage you to buy my ebook in the link below. It’s called passive income tutorial and it goes through all kinds of mistakes that I’ve made in the past, and what I’ve done in the past that has made me successful. In fact one month I actually earned $15,000, a couple months later I actually didn’t do any work for a solid month. I literally read books all month. I didn’t do anything online and I earned $4,000. If you watch all the way through this video there will be a video in the in screen showing that proof. The reason I did that was as a testimonial to say I know how to make passive income online and you can buy this ebook.
If you want to learn how, because there are a ton of people out there who say they can make money online but the only way that they make money online is by selling other people dream that they can make money online.
Anyways the first way you can make passive income online is by selling photos. So there are all kinds of websites out there that will pay you a percentage of how much money they earn from selling your photo. So stuff like SmugMug Pro, Shutterstock, iStockphoto. If you’ve ever tried to buy a photo you’ll realize, WOW…, that was a hundred dollars for one photo. Well that’s because Shutterstock pays a percentage of that money to the person that took that photo and you can do the same. You can take one photo and then sell it on Shutterstock and who knows someone might buy that. Every day and you’ll get 50 bucks, that’s 50 bucks a day, that you don’t have to do any more work and that’s the glory of passive income.
The second way that I’ve learned to make passive income online is through Clickbank. Now Clickbank is a marketplace basically of other people’s products and the cool thing about this is, you get to sell someone else’s product. It’s basically affiliate marketing and I’ll talk a little bit about that in the future. On Clickbank personally there are only two products that I highly encourage someone to buy because I have bought them before and they’re super easy to sell. The first one is K money mastery and the second one is video breakthrough Academy and it was actually created by one of my Youtuber friends. Anyways what you do is you make a whole bunch of content and then you lead people to your affiliate link and then whenever someone clicks on that affiliate link you get a percentage of the sale. For example video breakthrough Academy. Every time I sell one of those I get half of whatever someone pays for the product. So if they pay $300 for that I will earn $150. Some people make over $60,000, $80,000. There are even some people who earn over half a million dollars online through selling other people’s product.
The third coolest way to make passive income online is through Amazon affiliates. Now the way that Amazon affiliates work is that you put a link in your description of your YouTube channel or your blog or some other website that you have, and what happens is whenever someone clicks on that link boom. They get a cookie on their browser which means any product they buy on Amazon for the next 24 hours you get a percentage of and one example of this is that on my Youtube channel I sell ebooks. I create book reviews and then I sell books in the affiliate link in the description and someone actually clicked onto one of those links, and then went and bought a thousand dollar camera. Now personally, I did not sell that thousand dollar camera but what happened was Amazon wanted to reward me for directing the person to Amazon and they actually gave me like 50 bucks for that sale. I wasn’t even selling a camera. That was something that is really cool, that’s a lot of people can do. Usually the more clicks you can get on your Amazon affiliate links the more money you will earn, even if it’s not selling your product. Now one guy I know who has earned a ton on this and has all kinds of experience, his name is Luke Lincoln. He has a website that literally sells just wireless routers and he is documented that he has earned over forty thousand dollars in one month from Amazon affiliate earnings. Now I mentioned earlier that I actually have an e-book and that’s a whole.
Another way that you can make passive income is by selling Kindle e-books. Now Kindle e-books are really easy to create and some people think that it’s just really hard to make them, so they don’t get into them but I bought and went through the K money mastery course which I’ll link in the description below and it teaches you how to create a Kindle eBook, how to market your Kindle eBook, how to do little tips and tricks on the Kindle Store so that it does well and selling. I did that before I created my passive income tutorial ebook and it did amazingly well. I’ve earned like six or seven hundred dollars in the first couple months. The trick with making money on Kindle is, not that you have one book that makes you a thousand dollars a month, it’s having 100 books that makes you a dollar a day so that adds up and over time your investments start to return on themselves. You have a hundred ebooks maybe making between one and two sales a day, earning you one hundred to two hundred dollars a day and that adds up over time. So if you’re interested in that I highly recommend going and checking out K money mastery and you can do something that improvement pill recommended, which is to buy the product and then go through the course and learn everything. If you need to for some reason, you need that money back, you can ask for a refund because there is a 30-day refund on that product. You can get that money back and then you can start creating your Kindle courses when you start earning your money back. You know, it’s a respect thing, it’s a moral thing you should buy the product again so that the guy gets his money.
The next way to make passive income online is by selling digital files. Now one of the best sites that I found to do this is sell Ecom and usually they take a commission of whatever you sell. It’s like two to five percent I think but you can create a small little course or you can have website templates, or you can have your own WordPress themes and sell it on this website drive traffic to that and then eventually I’ll make money.
Another way to make money by selling stuff is signing up for you to me and teaching a course. Now I’ve heard by some specific people that Udemy kind of sucks because they’ll gyp you out of money. It’ll take your $300 course and then put it on sale for $10 so that they can get more users on their website and that’s kind of blackhat kind of ripping off creators, but what I recommend doing is going to teachable calm teachable for me personally. I think it’s way better than you to me and it’s actually what I’m going to be, making my own personal courses on. I’m almost finished with a habbit course and I’m working on some ideas on social skills money management, the psychology of your thought. Those courses if for some reason you’re interested in this course and you want to coupon on them whenever they come out I guarantee you you will have a coupon. You will get a better price than everyone else if you go to practical pi comm and put your little email in that newsletter. Thing that whenever I launched that course I will launch it with a coupon code so that you’ll get it a cheaper version so onto a membership website. This is essentially what I was going to do with practical Pi I was going to say. All right everyone $30 a month you can sign up to my membership site. You’ll get all kinds of information that I’ve learned have regurgitated from books everything. I’ve learned from business psychology relationships but those kind of membership sites take a lot of upkeep. I didn’t want to do that on my own so I outsource it to teachable. Whenever I launch my course that’s what I’m going to use this teachable instead of my own membership website. So that I don’t have to deal with the coding and the back-end stuff.
The last way that I’m going mentioned how you can make money online is by building a Youtube channel. Now when you build a YouTube channel you can make a lot of money with ad revenue, but it takes a ton of views. You can actually make way more money if you sell stuff in the description. You might get 10,000 views and that might earn you $20 but if you get 10,000 views and 10% of those people buy a $300 course of yours that’s going to earn way more money than the video ever will. So when you build a YouTube channel you have got to be passionate and I cannot stress this enough because there are tons of people who get into YouTube and will make a couple videos and then fall out because they’re not passionate about it. They just give up and for me I want to tell you guys personally it took 98 videos for my channel to hit that big golden star and to go boom. YouTube likes this channel. It’s going to start promoting it. One of my videos got into recommended. I learned and after creating 98 videos I got really good at how to create titles how to make your thumbnails and how to make sure that the viewer was engaged. I learned how to do all of that through 98 videos. Now for some reason if you want to skip making 97 videos and you want to have all of that experience on your own, you can actually go and check out the video breakthrough Academy. It’s actually created by one of my friends. I’ve went through the course and I was like, man I wish I could have learned this stuff back when I was starting my Youtube channel so that I didn’t have to learn it all myself. Actually going through his course, I learned even more and it was really helpful so if for some reason you guys want to check that out I’ll put a link to that in the description below. It’s called video breakthrough Academy. There’s some amazing value and there he goes over how to make more money on YouTube videos. He goes over how to do collaborations correctly, he goes over how to record a video, how to script the video, a whole bunch of little tips and tricks for engagement.
Anyways that is one of the best tools that I would suggest so that you can learn how to make money online quicker. We’ve went over about 8 active income tips which is in Turks, eBay, surveys, Swag Bucks. Instagram shoutouts, freelance work, freelance work on Fiverr, and then actually selling products to hire businesses. We also went over eight passive income strategies and that is to sell photos online, utilize Clickbank and affiliate sales, Amazon affiliate sales, selling Kindle e-books, selling digital files on sulfide using Udemy, are teachable to create an mine course. Creating your own membership website and building a YouTube channel. So now I’m going to give you my three recommendations for any beginners who want to learn how to make money online. The first is to buy the K money mastery program, ask for a refund and then buy it again later after you’ve made your money back. You can learn as much as you want but premium stuff will always contain value and sometimes just paying that initial cost of buying the K money mastery program will motivate you to work harder and become successful, so that you can actually earn your money back. It’s a great course that would be my first recommendation for a beginner who wanted to learn to make money online as it’s been said in the past, you’ve got to spend money to make money. This course really doesn’t cost that much for how much you’re going to be getting out of it.
My second recommendation is to sign up for fiverr and offer whatever skills you have. Now there are a ton of tutorials on this. If for some reason you don’t have a skill, you can start watching Youtube videos, learn Photoshop, learn After Effects, learn how to code a website, learn how to create a beautiful user interface, whatever you can do to offer the world value and then sell that value on Fiverr. You make most of your money on Fiverr not by selling a 5 dollar product but by the upsells selling more expensive upgrades and my last recommendation for beginners is to buy my ebook in the link below now. Of course I will be earning money on this but hopefully I’ve added enough value in the e-book that you will earn way more money back. The first third of the e-book is actually going through my mistakes and what kind of mistakes you guys can skip in the future so that you can make money online quicker. Basically it’ll help you jump-start your online income career if that’s what you want to do. I hope you guys enjoy this video. I hope you got insane value out of it if you did share this video with your friends.