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| Business & Financial Career, work, money, income generation, personal finance, investing, debt, wealth, abundance, entrepreneurship, sales, marketing, SEO, commerce, economics, blogging, podcasting |
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| | #6 (permalink) |
| Member Join Date: Nov 2006 Location: Living in Taiwan
Posts: 63
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I've been building a slowly increasing passive income for the past two years, and I'm still in the early stages. I set up a goal: a month's salary plus a variety of income sources. I'm about 1/3 of the way there. You can read more about what I'm doing, but I'm definitely on the look out for additional ideas to supplement my initial ten! Hope you find it of value. kenneth |
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| | #7 (permalink) | |
| Senior Member Join Date: Feb 2007
Posts: 344
| Quote:
One of my biggest side projects is artwork. I love fine art (all forms), but drawing and painting are my specialties. especially people & faces. I've been doing it since I was in second grade...and in high school, people started noticing, and my 30-year-old cousin asked me to draw a picture of her 1-year-old little girl. So I worked on it for a few weeks, gave it to her for Christmas, and she loved it. Her and her husband framed it and started raving about it to all of her rich friends... so she kind of built up my clientele for me... and somehow, I got sucked into selling drawings & paintings. (I've actually seen a lot of older people pay upwards of $10,000 for artwork though... I also sell a few health products, like Aloe Juice, Juice Plus, and OPC-3. but I don't really do that actively. I only mention it about once a month-- and only when someone comes crying to me about their health problems. (But this isn't a significant source of supplemental income at all. I could probably make more doing this, but I don't want to seem like a pushy salesgirl... so I only make about 1 sale every couple months. Other than that..... ummm..... does the stock market count? I've had a lot of big income ideas, but haven't acted on them yet. I'll let you know if I do. Last edited by Amandaaa; 02-03-2008 at 02:16 PM. | |
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| | #8 (permalink) | |
| Junior Member Join Date: Nov 2006
Posts: 19
| Quote:
funny you mention your cousin. mine started her own photography business about a year ago and she gets tons of requests for portraits of people's kids. you might want to look into pets as well. | |
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| | #11 (permalink) |
| Member Join Date: Feb 2008
Posts: 35
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I play drums at weddings and parties. Pretty good paycheck doing that. Pretty fun, taxing on the joints, and Fridays and Saturdays are unfortunately booked. I don't plan on doing it forever because I would like a life. Unless, of course, the Fridays and Saturdays are booked playing in front of 10,000 people. |
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| | #12 (permalink) |
| Junior Member Join Date: Mar 2009 Location: Longmont CO
Posts: 5
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Are you looking for an employer or a business? Are you looking for part-time? Full time? I have a friend who's wife has been working at home employed by google. Her job has been to go through a list of keywords provided for her by google and rank the corresponding sites according to their keyword relevance. Don't think it pays alot but it's a start. As far as a home business goes my inlaws got some training in real estate short sales. They are having enormous success in the current housing climate. They have been working pretty hard so it's unlikely that this would be a part-time undertaking. This is way oversimplified but you'll get the gist. My inlaws locate someone trying to sell their home and offer to buy it if the loss mitigation branch of the bank will negotiate the mortgage amount. If you can prove the homeowners financial distress the bank will typically drop the mortgage by at least 30% in an attempt to avoid foreclosure or bankrupcy. Itss fairly easy for them to find a buyer for a house that is 25% lower than its appraised value and they keep the remaining 5%. There is much more to it than that but with my limited IQ that's about what I understand. This is not a "get rich quick" scheme. It reqires patience and hard work. I wouldn't pay a lot for training as there seems to be info out there. It might pay to have some real estate friend's take on it also. My wife and I bought a home based business wth the "right" to distribute "franchise products" for $300 seven years ago so she could stay at home with the kids. Beware of "get rich quick schemes"! Our business is Work! But my wife is a hard enough worker that I may not be able to afford to keep my job at the hospital. I'll soon have to be a homeschooling dad! Hope this helps good Luck! |
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| | #13 (permalink) |
| Member Join Date: Jan 2008
Posts: 45
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I've been working from home for nearly five years as a freelance commercial writer. I read the book The Well Fed Writer, applied it, and I had a business in six months. If you like to write, and have a niche of some sort, it's a pretty good business—I do it full time, but it could be part time vary easily. And yes, I just started a blog. cheers, Angus |
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| | #15 (permalink) |
| Junior Member Join Date: Mar 2009
Posts: 9
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Hi, Being in the affiliate marketing business is not that hard now with the internet at your disposable. It is much easier now compared to the days when people have to make use of the telephones and other mediums of information just to get the latest updates on the way their program is coming along. So with technology at hand, and assuming that the affiliate is working from home, a day in his or her life would sound something like this… Upon waking up and after having breakfast, the computer is turned on to check out new developments in the network. As far as the marketer is concerned there might be new things to update and statistics to keep track on. The site design has to be revised. The marketer knows that a well-designed site can increase sign ups from visitors. It can also help in the affiliate’s conversion rates. That done, it is time to submit the affiliate program to directories that lists affiliate programs. These directories are means to attract people in joining your affiliate program. A sure way of promoting the affiliate program. Time to track down the sales you are getting from your affiliates fairly and accurately. There are phone orders and mails to track down. See if they are new clients checking the products out. Noting down the contact information that might be a viable source in the future. There are lots of resources to sort out. Ads, banners, button ads and sample recommendations to give out because the marketer knows that this is one way of ensuring more sales. Best to stay visible and accessible too. The affiliate marketer remembered that there are questions to answer from the visitors. This has to be done quickly. Nothing can turn off a customer than an unanswered email. To prove that the affiliate is working effectively and efficiently, inquiries would have to be paid more attention on. Nobody wants to be ignored and customers are not always the most patient of all people. Quick answer that should appear professional yet friendly too. In the process of doing all the necessities, the marketer is logged on to a chat room where he or she interacts with other affiliates and those under that same program. This is where they can discuss things on how to best promote their products. There are things to be learned and it is a continuous process. Sharing tips and advices is a good way of showing support. There may be others out there wanting to join and may be enticed by the discussion that is going on. There is no harm in assuming what opportunities ahead. The newsletters and ezines were updated days ago, so it is time for the affiliate marketer to see if there are some new things happening in the market. This will be written about in the marketer’s publication to be distributed to the old and new customers. These same publications are also an important tool in keeping up to date with the newly introduced products. The marketer has put up a sale and promotion that customers may want to know about. Besides, they have to keep up with the deadline of these sales written in the publications. It is that time to show some appreciation to those who have helped the marketer in the promotions and sale increase. Nothing like mentioning the persons, their sites and the process they have done that made everything worked. Of course, this will be published in the newsletters. Among the more important information that have been written already. The marketer still has time to write out recommendations to those who want credible sources for the products being promoted. There is also time to post some comments on how to be a successful affiliate marketer on a site where there are lots of wannabees. Two objectives done at the same time. The marketer gets to promote the product as well as the program they are in. Who knows, someone may be inclined to join. Time flies. Missed lunch but is quite contented with the tasks done. Bed time…. Ok, so this may not be all done in a day. But then, this gives you an idea of how an affiliate marketer, a dedicated one that is, spends the marketing day. Is that success looming in the distance or what? |
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