Do you find there are not enough hours in a day to earn the sort of income you think you deserve? Have you reached an income ceiling and feel there is little chance of developing further in your current job? You may be good at what you do but there is still too much month at the end of the money. Think about it!
When a colleague of mine mentioned she was going to set up an internet business I was intrigued but wasn’t tempted myself. I didn’t have the expertise and wouldn’t know the first thing about creating and setting up a website let alone the business side of it. However, when after a few months she started to earn some serious money my attitude changed.
After doing a bit of investigation I purchased a product that would do most of the technical stuff for me and set about deciding how I could earn an income from my PC. It really wasn’t quite so difficult as I had imagined it to be. This is not to say it doesn’t involve a lot of work. It does! But for me it quickly become almost like a hobby and doesn’t feel like work at all. If you want to get rich quick this isn’t the way to do it – but let’s face it, that isn’t how things work.
Yet, if you want to build your passive income then this is the way. You will have to buy a few products to set you up but if you do your research properly this will be money well spent – it should pay back many, many times over.
Now you may ask - what expertise do I have that could earn an income? This is the big question and a pretty important one to! Sit down with a pencil and paper and write down all the options you have, these could be
Your expertise in your current job. You may be a fitness coach who has a skill of bringing out the best in your clients, you could create an ebook with your own specialized routines and motivational tips. You could be responsible for the computers at your workplace and have picked up some useful ways to optimise PCs, which software is best for certain tasks or where to get a good deal. We spend many hours a week working and can learn some very useful information that others would be prepared to pay for.
Your hobby Everyone has a hobby so why not take it further. Earning an income from your hobby is a great idea. Imagine if you could earn enough to live on! Do you enjoy messing about with motorbikes? Building model aeroplanes? Keeping pet rabbits? You get the idea. People want to know things about this sort of thing. Where do most people go for information these days – the internet! When my son wanted to make a paper mache Roman helmet I didn’t have a clue. I typed it in on Google and guess what? Sites that will tell you just exactly how to do it!
All you need to do is to recommend places to buy a rabbit, specialist motorcycle parts or the best models (so long as the provider has an affiliate scheme) and you could be earning commission from your knowledge gained from your hobby.
A special area of interest Perhaps like me you are fascinated by military history and visit battlefields or go on tours. Why not write about a particular period of history, the battles and the soldiers. You could recommend books, model soldiers and the best tour companies to use and again earn a commission. A popular topic for an ecommerce website is travel. Do you have a favourite holiday destination you visit on a regular basis? Do you know of great places to visit that a casual visitor would miss? Travel reviews written by ‘real’ people who have been there are very popular. Potential visitors want to know the real story behind the glossy brochures. You can tell it how it is, recommend the places to visit and the places to avoid. You set up a program with the hotels, villas and resorts and earn a commission!
An unusual/ interesting past time Okay this could be included under hobby but it gives me another subheading. Are you a member of an historic society who dresses up and re-enacts the lives of our ancestors? What a wealth of information and interesting stories you would have to share. Do you work in a wildlife sanctuary as a volunteer? Restore vintage cars? A part-time DJ or children’s party clown? Your knowledge and experience could be of interest to other people. This makes you the expert and they will listen to what you have to say AND your recommendations with commission involved of course. There are plenty of opportunities to exploit your knowledge and experience to make money. Choose a topic you have a passion for and it won’t seem like work at all!
The internet is growing rapidly with many thousands of new users appearing every day. Never before has it been possible to reach such a huge potential market with very little outlay. If you are willing to put in the work and experiment, you could build a substantial second income, and who knows, one day you could give up the day job and become an internet entrepreneur
