Especially, for those who choose to do an online business, an online presence becomes more and more important, and such companies are experiencing a great success.

In today’s fast-moving world everyone can start their own enterprise, you need basic web development skills, eager to learn and work, and know how to promote your brand.

However, to make a business work a great concept and preparation are necessary. And when there are many fascinating ideas, it might get overwhelming to choose the only one. That is why we are recommending online business ideas that will make a profit.

Photo: pexels.com

1. Online T-shirt Business

Who doesn’t want to look unique and outstanding, a big part of our appearance is the clothes we wear, that is why an online t-shirt printing business is on demand. How to start selling t-shirts?

The process is quite simple, although, it is critical to find a niche that suits your vision and mission, and do thorough research on the market to find out if your concept has a demand and could make a profit.

The next steps would be finding a reliable manufacturer, setting a budget, looking for investments and generating first leads.

2. Sell Photos Online

Do you know how to use a camera and take astonishing pictures?

Then why don’t you implement your hobby to earn extra money, photo stocks are continually searching for talented photographers who could replenish their collections. Additionally, you can combine your other passions and specialize in traveling, food, furniture, model photography.

To be noticed you need an outstanding website, it does not only have to look good but also be functional. In this case you can use CaptainForm, a WordPress forms plugin which eliminates all unnecessary work and makes the page look professional.

Photo: pixabay.com

3. Social Media Management

A compelling social media strategy is critical for a business due to online presence and communication with existing and potential clients.

As people spend more and more time on social media platforms, it becomes one of the primary communication channels with partners and customers. However, it’s not that easy as it might look, to create a powerful campaign it is necessary to have a good copywriter, marketing designer, photographer and someone who can define a target audience.

That is why companies are willing to pay a lot of money for professional social media manager, and if you know more than just how to put an Instagram story, then consider online business as social media manager.

4. SEO consultant

Search engines ranking is a necessity in order to be noticed, get steady traffic to your website, and generate potential leads and customers.

A professional SEO consultant is vital for companies to be able to compete and stand out. If you know how to use keywords correctly, choose the right links, and as a result increase business visibility, then SEO consultant is a perfect position for you to start your own online business.

Photo: pixabay.com

5. Accounting

You don’t have to be a part of a company to work as an accountant, many enterprises hire freelance accountants or sign short-term contracts.

It makes it is easy to start your online business as an accountant and help companies with managing budgets, revenues, expenses, payroll entries, invoices, and other accounting charges. You can also have some accounting softwares as explored by Small Business HQ to help you with the process.

6. Coaching

People have to learn more and more different subjects to keep up with today’s fast-paced world, learning and developing a skill might get overwhelming if you are doing it on your own.

To avoid unnecessary fuss people willingly hire personal coaches who could help them grow, when the internet is available 24/7 online coaching business becomes a great option.

Coach people on a specific subject, for example, a foreign language, math, history or even cooking.

7. Affiliate marketer

Affiliate marketing is one of the most accessible online businesses to start with, it requires an initial investment and basic portfolio. Nevertheless, some companies provide a free of charge permission to promote and sell their goods.

Generally speaking, you will earn money from the commission of each product you sell. It’s a good plan for those who want to earn extra money and have something on aside from a day job.

8. Translate

Are you fluent in more than one language, if so why don’t you use your valuable skills to earn money and start a business as a translator. When asked about translator job many people imagine someone who is following diplomats in foreign countries and translating every word. But in most cases, this work can be easily done online.

As a translator, you would be helping people or companies to transcribe documents, papers, books and related records.

9. Legal Writing

Legal writing is perfect for someone who has an in-depth knowledge of legal matters and also can handle a pen.

Legal writing service is mainly used by lawyers, judges, legislators and other judicial workers. It has to follow specific rules of citation, legal terms, and references, it is mostly used to prepare operating agreements, working contracts, certificates, and other legal documents.

10. Financial Consultant

As a financial consultant, you can work for companies or people to manage their money.

In general terms, if you choose to start an online business as a financial consultant, you will assist your clients on regarding matters, for instance, managing a budget, defining best investment options, choosing insurances, and other financial questions.

This year looks encouraging for online business and because the internet and online jobs are getting more accessible it makes it easy to start a career as an online entrepreneur. However, it brings many different business options which makes it harder to find the one that suits your plans best.

Don’t worry, carefully consider all of them and pick the one that does not only have a demand but also drive you.

Collecting football programmes can be likened to sourcing and gathering antiques – you will learn as you go along. As a starting point, UK based provider of printed pop up display items: Where The Trade Buys, has compiled an insightful guide below…

Let’s Begin With A Bit Of Background On Football Programmes

In 1888, the first football programmes were published alongside the launch of the Football League. Unlike today, the aim of a programme was to keep score and it was made up of a single sheet detailing the teams and match date.

Over time football programmes increased in size, growing from pocket-size to A4, with some clubs preferring the smaller option and others opting for the larger format. From a single sheet of basic info, the availability of saddle-stitch book printing and a growth in popularity turned football programmes into thick, glossy books crammed with trivia, statistics and high-resolution photos that fans loved to buy before every match.

One of the first programmes to be published was the ‘Villa News and Record’ for Aston Villa. Soon after, the football programme took on a weightier format of between four and eight pages, while the covers became more attention-grabbing and attractive. During and after World War II, a paper shortage cut the number of programmes that clubs could produce — making any that were released very collectible today.

Today’s football programme stays true to its roots by giving spectators key details of players on each team. Although today, the programme can also act as a mouthpiece for the club in question, allowing managers and players to speak to fans via interviews and club statements.

Just How Valuable Are Rare Football Programmes?

There are many examples of rare football programmes being sold to collectors for a lot of cash. In 2012, a family from Ipswich managed to make around £46,000 by auctioning off a set of football programmes they stumbled across in their house, which goes to show how easy it is to not realise the treasure you have sitting around your home.

Fairly recently, Sotheby’s New Bond Street auctioned off the oldest-known programme from a FA Cup final — Old Etonians vs Blackburn Rovers in 1882 — for £30,000, while a single-sheet programme from the 1909 FA Cup final between Manchester United and Bristol City went for £23,500 in 2012.

To give you a helping hand, here’s a guide on which editions should you watch out for as a collector.

What Type Of Football Programmes Do Collectors Seek Out?

For fans, football programmes clearly play a large part of the match day experience — but how collectible are they and which should you search for if you want to bag a truly special edition?

The first Wembley final programme from 1923 is a great example of an important collectible item. It details the match between Bolton and West Ham United and is worth around £1,000. Alternatively, there’s the programme from the one and only time a non-English club lifted the FA Cup — Cardiff City vs Arsenal in 1927 — which ended with a score of 1-0 and has a value of about £2,500!

The 1966 England vs West Germany programme is potentially one of the most highly prized programmes in sport. But be warned; there were three reprints of the original, so tracking down a bona fide version is tough. If you want to be sure you’re buying an original, check the weight and colouring — the reprints are more lightweight, while the front cover of the original is a deep, royal blue. Different paper types are also used for the team pages in the original, but not in the reprinted versions.

Another one that programme collectors look out for is the edition from the game that was cancelled following the 1958 Munich air disaster (Manchester United vs Wolverhampton Wanderers), which can go at auction for around £10,000, or the programme for the first match following the tragedy — the 19th of February 1958’s game between Manchester United and Sheffield Wednesday. In this programme, the club showed respect to those involved in the disaster by leaving the team page blank.

A Helping Hand For Newbie Collectors: A Super Quick Guide

Keep the following three key features in mind to make sure you’re getting a good deal:

• Programme age — anything over 50 years old is most collectible.
• Availability — if there are many available, this will bring the value down.
• Demand — programmes with an iconic footballer on the cover or detailing a famous match are the most prized and valuable.
• Wear and tear — creases, missing staples and water damage all harm the programme’s price, so ask for a photo before you pay.

Any programme from an FA Cup final match holds value, as does any booklet that was perhaps the first or final edition of a player’s/manager’s career (i.e. the last game David Beckham played for Manchester United).

Another thing to highlight is that certain teams typically hold greater monetary value than others when it comes to programme collecting — although, programmes from your team’s past will be more personally valuable to you. Sides such as Manchester United, Chelsea, Liverpool, Spurs, West Ham, and Arsenal are all highly sought after and are worth keeping an eye out for if you want a particularly valuable item. The Football Programme Centre is also a good source of advice if you’re keen on becoming a serious collector.

Many fans all over the UK enjoy collecting football programmes — particularly when you track down a rare edition or grab a great bargain.

So, why not keep yourself football-focused until the new season kicks off by learning more about the hobby?

Sources:

https://www.bbc.co.uk/news/uk-england-suffolk-18399222

https://www.antiquestradegazette.com/news/2013/auction-record-for-any-football-programme/

All Collectibles

http://www.footballprogrammecentre.co.uk/football-programme-guide.php

Thankfully this isn’t always the case. While it may not be easy to do so, it is possible to make money doing what you love. With that in mind, here the steps you should take to turn your passion into profit.

Source

1. Write Your Business Plan

For a business to accomplish anything worthwhile, they need a plan to follow. After all, it’s pretty difficult to gain success when you have no idea what this actually looks like.

Because of this, you should take the time first to research your business idea and see if there is a market for it. If there is, then you need to write a clear guide of what you plan to sell, who you plan to sell it to, and how you plan to do it. This step is crucial if you intend to secure any kind of funding.

2. Choose The Right Name

When it comes to small business success, your choice of a name truly can make or break you. If you pick the right one, you may find yourself the talk of the town, but, if you don’t, you could doom your new venture to a short life of failure. This is why this task can be so complicated.

To make it a little easier, you should consider consulting with an expert. Naming firms know their way around trademark laws and have elaborate systems to help you create the best company name.

3. Build A Support Network

While hobbies can certainly take up a lot of time, businesses take this to a whole new level.

You might think you can work fewer hours being the boss, but, if you want your new venture to achieve anything, then you’ll be working longer and harder than ever before. This is tough at the best of times but will be made a whole lot worse without the proper support.

For this reason, you should make sure loved ones are on board with your plans and build a good support network.

4. Open A Separate Account

In the earliest days of your venture, keeping your personal and business finances in one account can seem like the simplest idea.

However, when your money is mixed together in this way, it is impossible to know what cash is yours and what belongs to your company. This can make your life a lot harder and lead to overspending on either side.

To prevent this issue and protect your personal credit rating, you should open a separate bank account for business finances alone.

5. Find An Office Space

Pixabay

Working for yourself allows you to work wherever you choose to. This means that you could potentially do business on the couch or even in bed. However, just because you can do something, it doesn’t mean you should.

These places are known for relaxation, and, as such, you’ll have a hard time staying productive there. To get the most work done, you’ll want to create an office space to work in. With little space available, this can be a challenge, but it is possible.

6. Stay Current With Technology

Technology plays a vital role in the everyday running of businesses of all shapes and sizes. With that in mind, it helps to have an understanding of the tech that impacts you directly. You’ll also benefit from keeping track of how this changes and evolves.

In the business world, time is money, so investing in the latest and most efficient devices can cut costs significantly. This may not have mattered when your hobby was just a hobby, but now that it’s a business, it does.

7. Stick To Regular Hours

Working for yourself and from your home doesn’t mean that you can abandon your work whenever you feel like it. Unfortunately, some of your friends and family may not understand this.

To limit the interruptions you face and present yourself more professionally, you should set office hours and stick to them each day.

Show customers and clients when you’re working by posting these hours on your website and remind loved ones that you can’t be disturbed at these times.

8. Widen Your Business Knowledge

Learning to run a business is not a task that can be completed overnight. In fact, with the way the business world is always changing, it’s one that is never truly done. Because of this, you need to commit to continuous learning.

This could involve anything from reading books and newspapers to taking online business management courses. It also helps to find a mentor or hire a business coach to offer advice, support, and keep you and your new venture on a track to success.

9. Keep Track Of Expenses

The unfortunate truth of business is that a lot more ventures fail than actually succeed. While there are many reasons for this, more often than not, the root cause is lack of money. With that in mind, it’s imperative that you keep track of income and expenses in your business.

With this information, you can work to cut costs and make sure that you always have enough cash to cover overheads. You should also build an emergency fund to prepare for unexpected expenses.

10. Give Yourself A Title

When you have a hobby, you just have a hobby, but business owners generally have an official title by which they are known. Because of this, you should take the time to create a title for yourself.

There are lots of ideas that you could go for, so make sure that you give yourself a credit that works for your business and makes you feel legitimate. Once you’ve done this, you can add your new title to business cards, emails, and, of course, your company website.

11. Focus On Customer Service

Source

Without customers, a business can’t exist. With that in mind, you need to invest time and money into marketing your product and brand. This should include a number of tactics, including both traditional methods and modern approaches.

To turn one-time buys into loyal customers, you should also pay attention to your customer service. Make sure you offer a number of ways for customers to contact you, have clear return policies, and provide more value than other brands.

12. Hire The Right Help

Most businesses begin as a one-person show, especially when that business was built from a hobby and out of passion. However, when sales start to increase and work starts piling up, you’ll need to bring in some extra help.

This could mean outsourcing certain tasks to skilled freelancers and agencies or hiring staff members on a temporary or permanent basis. Whatever it is that you decide, make sure that you hire the right people for your business.

Earning money doing what you love is something that many of us aspire to. While it isn’t always easy, don’t let anyone fool you into thinking that it’s impossible. With planning, commitment, and a business attitude, you can turn your passion into profit, just like many others have before you.

When you love what you do, you never work a day in your life, so remember the steps above and take your hobby to the business level.

In fact, you might not even need to leave your house. You certainly don’t have to spend all day at a rented office that eats into your bottom line.

Countless solo entrepreneurs have discovered the benefits of earning extra income at home. With these six reliable work-at-home opportunities, you can too. Which do you feel is best suited to your skills?

1. Tutor

All you need to power a successful at-home tutoring gig is a fast Internet connection, a video chat interface, and a reasonable amount of knowledge in your chosen subject areas.

Finding clients isn’t too difficult, either — most tutors use a combination of local word of mouth (referrals) and digital marketing.

2. Fundraising Distributor

Want to earn money and support the causes you care about?

Fundraising distributors sell effective fundraising products to charities, civic organizations, school groups, and others seeking to raise money for their work. Full-time fundraising distributors can earn anywhere from $500 to more than $5,000 per month working from home.

3. Translator

Are you proficient in a language other than English? You probably have what it takes to work as a translator.

The nature of your translation work will depend on your skills (or what you’re willing to learn) and demand, but professional services providers (particularly public service law and medicine) always need help.

4. Customer or Tech Support Representative

At-home customer support reps are in high demand these days.

Why drive miles and miles to work at a dungeon-like call center when you could do basically the same job from the comfort of your home office?

All you need is a headset, a computer capable of running call-handling software, and a positive attitude.

5. Virtual Assistant

Speaking of a positive attitude: “virtual assistant” might sound like a remote, lowly gig, but it’s nothing to sneeze at.

The best virtual assistants are true jacks and jills of all trades — and the types who know what clients want before they do.

6. Specialty Transcriptionist

These days, transcription software is reasonably good at converting the (clearly) spoken word into text. It’s not so good at making sense of specialized jargon, however.

One of the top niches for specialized transcriptionists is medicine — turning providers’ rapidly spoken notes into concise, accurate summaries of patient interactions, radiological reports, and the like.

Don’t worry: you don’t need to complete medical school to qualify for one of these jobs; a few months of training will do.

Earn More, Pay Less

One of the biggest advantages of working from home is the overhead — or, rather, the lack thereof.

Sure, operating a home office requires some out of pocket expenditures: utilities, computing equipment, furniture, office supplies. But off-premises offices come with all those expenses, and then some. You don’t need to pay rent on your home office, and your 20-foot commute won’t cost you a dime.

Working from home has its drawbacks, too. Cost isn’t one of them. Are you ready to earn more while paying less?

Social trading is not just a way to connect with other traders to discuss the market or follow industry leaders. There are a number of ways to make money from social trading.

In this article, we’re going to show you exactly how to get started in social trading and how to work your way up.

Do Your Research

Social trading networks are similar to social media sites, except that instead of sharing updates of your personal life and the latest gossip, you’re sharing stats on your latest trades and discussing the market.

If you want to learn which are the best social trading platforms out there with a list of features and their specificities, you can use a resource like InvestinGoal whose site can be viewed here: https://investingoal.com/. They offer a range of useful guides to help you get started.

Learn

Take the time to get a grasp of the trading market. One of the greatest benefits of social trading is that you can connect with other traders. You can learn from the best, and you know they’re the best because of their stats.

The transparency of social trading sites helps you learn who has the best systems and who is bragging without actually generating the best returns. You should research the real returns good traders get in everything from commodities to stocks to Forex.

Follow a Leader

Another advantage of social trading is that you can learn while you earn. You can set up your account to copy the trades of successful traders. They’ll receive a modest payment in exchange for this information, but you’ll be able to piggyback on their success. A side benefit of setting up your account to copy the trades of a top performer is that you don’t have to babysit your account; the trader will buy and sell, and your account will automatically follow suit. The proportions are the same, though the value of your accounts clearly differs. If they invest 2% of their trading capital in X, 2% of yours will be invested in the same thing.

The social network side of social trading allows you to ask questions of leaders you are following, whether you want to learn why they’re making the trades they are or understand the current market. In general, you want to follow someone who has a good track record, matches your general investment strategy, and is responsive.

You should continue to study the actions of successful traders and learn more about your investment options. Note that you can change which traders you’re copying or take over your account whenever you like.

Have Realistic Expectations

Another reason so many people become disillusioned with social and copy trading is that they set their expectations too high. And this is partly because of how social trading is advertised. While it is true that social trading offers new traders a way to start making profits quick, you shouldn’t be too excited when looking at some of the top traders’ historical returns. While there are tons of ways that you can leverage your small initial investment and make big profits fast, the opposite can be true as well. So, make sure that you assess the risk behind any trade and don’t simply go by the trader’s track record.

You also have to be ready to put some effort into your trading as well. While the whole premise behind social and copy trading is sitting back and letting someone else take the wheel, doing some minimal research will allow you to minimise your risks. If you see any trader with a ROI of 400% or more, you should know that they’re probably using some very risky methods. Doing some basic research on the trader by looking at their trade history and comments should give you a clearer idea of what type of trader they are and if you should follow them.

And even if you find a great trader who’s had a successful run, it doesn’t mean that shouldn’t keep monitoring them. Different strategies might do better under certain market conditions, and a down or upturn in the economy or in a particular sector could have a direct effect on how they perform. You also have to remember that these traders are human as well, and many traders have been known to take some extra risk after a run of bad trades, blowing out their accounts as a result.

So, it’s your responsibility to always take market conditions into consideration and learn how to do basic market analysis on your own before you start with social or copy trading.

Take It to the Next Level

As you learn, you can make trades on your own instead of copying those of others. If you do particularly well, social trading gives you a unique way to earn money – by being copied by other investors. Then you not only earn money through trading but by sharing your expertise with less experienced traders.

Depending on the platform, you could be paid based on the number of followers or copiers you have. This can generate a nice supplementary income, whether they’re copying your trades or reading the advice you post on the social trading site.

Conclusion

Social trading is an excellent way to truly earn while you learn. And it is unique in providing ways for good traders to profit from their expertise aside from the returns they earn in their accounts.

Start social trading now by signing up for free to the world leading social trading platform:

In order to begin, there are several components that you must have at hand. The first of which is a passion for art. Along with enthusiasm, you also need decent knowledge of artistic trends. Selling anything involves communicating with people, so you need a positive attitude toward public relations. Lastly, having creativity is also very helpful.

This guide will further explain how to sell art on the internet.

Evaluating Artwork

When looking to sell art, you should note that one of the most important business aspects is the evaluation of artwork. Your evaluation will determine sales prices. If you are not already an industry expert, this is not something that you can initially do yourself.

When starting out, you will need to hire an expert who can provide advice. Obviously, you will also have to pay the expert for his work, so it’s better to decide early whether or not you can afford this additional expense.

There are some paid websites that, at a lower cost than an art expert, can provide you with adequate and accurate evaluations. For emerging artists, however, the approach to evaluation is simpler. There are, in fact, precise parameters that take into account the artist’s fame, technique used, and size of the work to be evaluated. On the internet, you can find the tables containing these parameters with ease and at no cost.

Selling the Artwork

Once the art pieces in your possession have been evaluated, it’s time to sell them. The way you proceed will be different depending on the works you intend to sell.

For example, if you want to sell top-notch paintings, be aware that, if the collecting market is too large, the sale process is often quite difficult. This is because the art market is affected by the current crisis. Collectors are also unaware that the paintings they are interested in are in your possession. Of course, you need to spread the news, and an effective way to do this is to contact an online or live auction house.

Auction sessions are attended by very large and wealthy audiences. This provides more chances to sell the artwork. Auctions are handled by a prepared advertiser who knows how to raise the purchase prices and entice buyers. The advertiser also ensures the sales are facilitated.

However, if you want to sell the work of artists who are not yet famous, you can create your own online sales site. You will use your site to promote new artists and their creations. This method allows you to reach a vast audience and, by making your site appealing, will increase the possibilities of success. You can also use this sales system to promote artwork created by yourself.

Building Your Own Brand

People need to understand who you are. The world of the web creates distrust, because reports are filtered by a monitor, rather than in person.

The only way to break this wall of distrust is to become well known in the art industry. In other words, you need to build a reputation. This process takes place through various channels and requires a lot of work. However, when the public begins to understand your value, people will happily visit your website knowing you can be trusted. At that point, you will be very close to making actual sales.

As mentioned before, the first step is to build an online presence. Invest time and money in creating your own professional website. Choose a proper layout for the site. Be sure to take professional pictures of the artwork and write complete descriptions for each of the pieces you want to sell. Try to enhance the user experience by focusing on creating value and sharing the experience you have in the art industry.

Online forums and communities unite users by a specific topic. Finding the sites related to art will provide an excellent opportunity to promote your work. Remember to create a trusted reputation on these sites by sharing your experience and helping other users. This will, in return, give you free advertising with people visiting your website.

Social networks are among the most useful tools to inform your audience about your artistic activity. A huge amount of users connect to these networks everyday. Effective marketing strategies could turn your artwork viral on the net in a very short time. You must build a presence on the following social media sites: Facebook, Twitter, Pinterest, and Instagram. Here’s a good article to read, how Cory made $50,000 selling art on Facebook.

You can also create free online web-based seminars to present your works. Talk about art topics and your work. To accomplish this, there is software available. You just need a good quality webcam and a microphone.

Collaborating with other people in the art industry can be a winning move. Make connections with art bloggers and other influencers in your market. After carefully searching for them, try to build a relationship by visiting their websites and connecting with them on social media. Sharing your experience and proposing a consistent collaboration that can be profitable for both parts.

Consider Opening an Art Gallery

Aside from the internet, another step when selling artwork can be opening an art gallery. Starting one is quite simple, and does not have to involve excessive bureaucracy.

Just choose the right place, adapt it to your needs and set it up. Obviously, you will need to get all the required permissions before opening. You will also need a good accountant, since the taxation on art galleries is often special. Be sure to check all the requirements in your country.

At the beginning, you can rent a small room, possibly in the central and passage area of your area, where you will exhibit the works for sale. Later, if things are going well, you can opt for a larger exhibition space and a more impressive location. Renting a small shop in a lively tourist resort could also be beneficial. This will, of course, lead to higher quote for the rent, but it may give you a higher economic outlook because of the greater appreciation of potential buyers.

Please remember that, in the beginning, you should not raise prices too much. This is especially true if the artwork is your own creation. If you are really passionate about art, you can join some special courses to expand your knowledge. If you want to open your own art gallery, it’s a good idea to attend some specific internships or to experience some months in a gallery that has already started.

Good luck selling art online!

The idea is great, but during short “investigation” what niche I should choose and which keywords should I pick out,  the basic question appeared: “what kind of site should I create; the authority site or niche site?”

The answer on that question is very important: I don’t have a lot of time to play around with another thin niche site. On the other hand – authority site needs even more effort…

First part of this year clearly show us that we have to really think about our business model – Google Penguin overturned SERPs, Amazon closed down some affiliate programs and turned off some accounts. What’s more – there was a lot of bans in the most lucrative program for niche sites – Google AdSense. And nobody knows why…

Blogosphere was boiling with anger and site owners were shuddering with fear. Do you remember that? Did you lost some traffic or maybe your AdSense account was also banned?

Okay, no more complaints and hassles – lets go to some news and facts.

Last week there was a debate on AdSense Flippers between Steve Scott and Mike Thomas about pros and cons of niche and authority sites. Both of them have their own arguments for and against, but I have the impression that nobody wins this debate…

In this post I want to share with you my point of view about niche and authority sites and my business model. At the end I will ask you about your opinion and your preferences – niche or authority sites?

Niche Sites

Pros:

• easy to set up
• low money investment
• low time investment
• if you have experience it’s almost automatic for you to earn money from it
• you can outsource the whole process
• faster ROI (Return on Investment) –first earnings appear after 1-2 months

Cons:

• in most cases only one source of traffic: Google (you can lost it in minutes)
• in most cases only one source of making money (you can lost it in minutes)
• probably lower ROI

Authority Site

Pros:

• easy to set up
• a lot of possibilities of earning money
• at least few sources of traffic
• your online effort (authority, brand) may be used in the real world
• probably higher ROI

Cons:

• long-term ROI (real money appear after 1-2 years)
• you can’t outsource a lot of tasks related with your authority site
• huge amount of time is needed to establish your authority, social proof and brand

You may be interested in reading: Online Passive Income – 5 Money Making Ideas for Bloggers

Okay, and how about my business model?

As you know (if you don’t know it, please read section about), I have some websites on Polish market – few dozen niche sites (mostly in financial market) and one vortal (also on financial market). It works very well for me at this moment, but unfortunately a lot of traffic comes from Google. And big brother G. may change some rules in the future and … (uncensored words appeared)

On English market NPI (NoPassiveIncome.com) is my first, hopefully not last website. And I plan to make some things different than I did on Polish market.

That means:

I want to create at least two authority sites (including NPI) and around them having about 5-10 related niche sites.

I want to diversify income sources as well as traffic sources also for niche sites.

Traffic for my niche site will come from:

• SEO (organic traffic)
• Mailing list (from my authority site and from separate lists)
• Social Media (Twitter, Facebook, other if appropriate)
• CPC Ads (Google AdWords, Facebook Ads)
• Authority site (posts)

The same will be with income– below you can see main sources of income for my future niche sites

Each niche site will earn money on:

• 2—5 related affiliates programs
• My own e-product (probably ebooks or training programs)
• Ads in CPC model (Google AdSense or something similar)
• Ads in CPM model (only for niche sites with more than 10k page views per month)

I know that this model is very time-consuming and may take about one or even two years to see a results. But it should work. I hope…

And what do you think about it? Please share your business models or all of your opinions about niche, authority sites or my business model in comments below.

You may be a little bit confused – even my domain name tells you, that there is no passive income at all… So, where is the truth?

OK – I’ll reveal you a secret. There is not passive income in Internet! And please read this article very carefully – more than 99% of bloggers doesn’t earn a decent income from their websites (blogs, niche sites and other sites)!

Each time, when you want to earn money online, you must work – sometimes more, sometimes less. And in this post I’ll show you, what online passive income is, what skills you should have as a blogger and five money making ideas for bloggers. These concepts don’t need a lot of time, sometimes you can forget about your online business for some months (so they are ALMOST passive, but not passive!), and, for this reason, they are ideal for bloggers.

But before revealing you these 5 concepts, please let me tell you, what does passive income means for me.

So, passive income means an income generated regularly without any effort. Only effort is (if any) needed at the beginning, when you setup an account in your bank

Examples of passive income:

-interest of deposits

-rent from real estate (if they don’t need active management!)

-royalties (from written books, screenplays, software programs)

-pension (when you retired, you will get some money as a regular, monthly pension)

Online passive income means for me:

• Hard work on the beginning (maximal one month of effort, but you may work 16 hours a day )
• Automation for almost everything, for example purchase, payment, etc. (you should simplify everything as much as possible!)
• Little time for maintaining it (monthly it should be less than one working day)
• Possibility of delegating tasks to somebody else (so you may go for your monthly holidays)

Now you know what passive income (normal and online) means for me. Does it mean the same for you? But let’s go to another aspects of blogging for money

As a powerful blogger:

1)      You are excellent writer (if you are not good writer, please read 10 Article Writing Tips, How To Write Killer Article

2)      You know, how to get a lot of traffic (if not, please read: 8 Helpful Tips, How To Promote Your Blog)

3)      You have a big email list (if not, please read this post 12 Action Steps To Build A Profitable Email List From Scratch by Michael Chibuzor)

4)      You are aware of it, how your blog may be successful (if you are not aware of it, you must read my guest post 3 Vital Tips For Creating A Successful Blog

With above mentioned assumptions, now you are ready to learn 5 Money Making Ideas for Bloggers. All of them, when properly used, fulfill my requirements about online passive income. Here you are:

1. Prepare an online product (for example an eBook)

You can earn money by selling it by yourself, or by creating affiliate channels for selling it. In this case you will share some profits with your affiliates (as commission).

2. Create niche site(s)

Your income will be generated by placing contextual ads on this site. Best choice for contextual advertisement  is Google Adsense, alternatively you may choose Chitika for instance

3. Product site

It is a mix of points mentioned above. You can create online product (it may be eBook as well) for example WordPress Plugin. But you can promote someone’s product too (in that case, you will get commission from product creator. And you sell this product via your optimized website.

4. Use your email list

If your list is enough big, you can try to monetize it through affiliate links, sponsored emails, or paid reviews

5. Make a paid membership site

It’s very simple model of earning – you create great content, limit it only for paid access, and invite your readers (which trust you, that it is worth for paying for it).

If you want to learn more, you may read How To Make Money Online – 10 best ways for doing it!

And how about you? What does “passive income” means for you? Or maybe you have another useful concept how to earn money online?