"For an idea to get big, it has to be something useful--and being useful doesn't need funding. If you want to be useful, you can always start right now with just 1% of what you have in your grand vision. It'll be a humble prototype of your grand vision, but you'll be in the game. You'll be ahead of the rest because you actually started, when others waited for the finish line to magically appear at the starting line." Read this post from Derek for much more.
A systems approach segments your goals into different areas of your life. This goes beyond your average goal setting because it aligns an area where you want to get something done with the value that will be realized when it's accomplished. For example, my systems approach includes a project system, skills system, health and wellness system, home maintenance system and organization system.
Robert is a seasoned entrepreneur and investor who's built & sold several companies to major brands like AT&T. Now a leading authority on information security technology, he's also one of the most recognizable faces from ABC's award-winning show, Shark Tank where he's earned a reputation for sharing down-to-earth business advice to young entrepreneurs. Here's Robert's best business advice for aspiring entrepreneurs when it comes to pitching your idea:
The internet has made it possible for professional trainers to make money via training people without ever meeting them physically. For instance; if you want to train people on how to make hats or how to sow bags or how to make beads et al, all you need to do is to engage them on video chatting. You can as well send your videos and your training manuals online to those for paid for your services. Distance is not a barrier as far as the internet is involved.
How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
Social media is one of the important aspects of digital marketing. You will have to be active on social media to get exposure for your blog. For this, you will have to understand social media and its latest trends. SocialMediaToday blog is designed to serve this purpose. It covers the latest trends of social media and helps readers to capitalize on it. You will find different sections covering different subjects such as content marketing, digital strategy, and social media marketing. The blog is popular for easy to understand infographics. You can go through them while following a busy schedule.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
The first time it happened I didn’t think much. After the third time, I got the message. During the short time I dealt with this business, people consistently left. If you made it to the six-month mark, you were some sort of hero and would probably be given a free surgery to say thank you for your work and make you feel worse about your own body at the same time.
Take Indique hair for example. This is one of their Facebook ads for their product of the month which is for premium hair extensions. When a customer clicks on this ad they are immediately taken to this landing page for the product of the month. Both the ad and landing page tell the customer the same or similar information and say that there is a discount.
The First Rule in Marketing Anything is that nobody cares what you think. Most people don't take the time to learn how to sell things by identifying what people ACTUALLY want. Use this key fact about people to your advantage, make all the marketing about them. I've been running my business this way for years now, creating and selling products around those wants and desires. I've made a lot of money with this secret, and someone I look to who's also made a lot doing this is my friend Adrian Morrison. Over the last year built a brand new business around the idea of rapidly testing things to sell online. You need to learn Adrian's strategy. It's honestly never been easier to build out your own product testing system like his, and what's great is he's actually put together a book on exactly how he does it.
Writing effective and grammatically correct resumes and cover letters is a struggle for many professionals. These type of writing services includes an analysis where clients are given guidance to determine their objectives, and define the skill set needed to achieve them. After that, the next step is selecting an appropriate format and choosing vocabulary which will appeal to a potential employer, without making the applicant sound arrogant and “too good to be true”. A good resume or cover letter needs to highlight an individual’s skills, be relevant to the position applied for and have a positive tone.
Make sure you look up the CAN-SPAM Act of 2003 and familiarize yourself with it. If you follow all of the guidelines established in the act, you’re likely to keep your customers happy. The act includes things like honoring unsubscribe requests within ten day. If you follow the guidelines your readers will appreciate it and give you repeat business.
Of course we have to include our very own ROI Factor Blog. We take pride in our work, and we enjoy discussing a number of different topics that shape the industry in which we operate. Our digital marketing blog prompts a number of different conversations from digital trends, to marketing innovation and best practices. We balance the scale between the importance of technical and results-driven marketing, and creative campaigns, and work to highlight everything in between through our bi-weekly posts. From strategy, design, and marketing, to website and mobile app development, you can find it all here at BFM. Digital marketing blogs are a great way to stay on top of what is going on in this rapidly-changing industry. Are there any digital marketing blogs that you love that we missed on our list? Comment below or tweet us @BFMweb.
Kit Needham: The hardest tech in my experience is apps. In the ten years that I've been here, only one app has been successful. They are relatively easy to build but getting market awareness and adoption is very, very difficult. Further, they aren't really solving big problems and if they are, they aren't sufficiently distinct or better from the other solutions that customers are using.
Almost every professional field requires this kind of research. Common types of data analysis include the following: regression, time series, panel data, experimental designs, factor analysis, principal component analysis, Bayesian analysis, etc. To find work as a statistical researcher, you may try the mentioned freelancer websites or simply set up your own and promote your services. Examples of the tools used to perform statistical analysis are Excel, Stata, MINITAB or Eviews.
All of my accomplishments to date related to professional and personal development have come from setting specific short- and long-term goals. Without formalizing them, it's easy to let the daily routine and unexpected take over. Then, before you know it, years have passed without achieving the goals you had in mind. Here are four tips that I've used that might be helpful to other entrepreneurs who want to see their goals through.
Can’t design, write, or code websites? No problem. Don’t let that stop you from earning money on the Internet. If you have some extra time a couple of hours a week, you can perform numerous research tasks on behalf of other people or companies who can’t spend the time to do it themselves. Many organizations and various businesses hire people to research certain subjects or to help them with online investigations everyday. You could be one of them.
Provide excellent customer service. Answer any questions buyers post as quickly as possible. Be professional and courteous. Positive communication builds your reputation with buyers and gets you return business. Also, package your product well and ship it out quickly. Allowing an item to become damaged or taking too long to ship can negatively affect your reputation among buyers. Wrap all items, especially fragile ones, in appropriate packaging. Commit to shipping items as soon as you receive payment.
If you’re a business owner who owns a website, you’ll probably want to involve yourself in internet marketing. Otherwise, your website is practically useless. There are a lot of things that potential customers are looking for about your business – such as information, graphical representations (in layman’s term: pictures), history, reputation, and the list goes on and on. You have to satisfy the curiosity and doubts of your customer or your business will go nowhere.
Author of Unmistakable: Why Only is Better Than Best and host of the acclaimed podcast, The Unmistakable Creative, Srini has interviewed over 600 entrepreneurs, creatives and thought leaders from all walks of life. From Tim Ferriss to Seth Godin, Kevin Kelly, Ryan Holiday and more, Srini has learned from the best, what it takes to become successful in business. Here's his business advice for aspiring entrepreneur who want to start a business of their own:
Secret Tip: Spend more time on your subject line than anything else; 64% of email recipients open emails based on the subject line, so it’s worth the extra time to craft one that will guarantee opens. And remember: subjects with 10 or fewer characters can see open rates of 58% or better, so keep it short and sweet. For help, see my article, “The Online Marketer’s Guide to Writing High-Converting Headlines.”
As an affiliate marketer, you are earning commission from selling someone else’s products. You might need to make an initial investment and buy a basic portfolio and marketing materials that you then resell. However, that does not always have to be the case as there are companies which will provide you with products free of charge, and only take a part of the profit. One of the most popular sites for affiliate marketers nowadays is Clickbank. Other well-known sites include Amway and Amazon Associates.
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.
According to a study by New Relic, 1.3 million Android devices are activated every day. To put that into perspective, that’s about four times as many smartphones compared to the 300,000 babies being born into the world daily. Furthermore, smartphones have an average of 41 apps installed, with mobile users checking those apps on their phones 150 times daily, or about every 6.5 minutes.
"Falling blindly in love with an idea. Entrepreneurship needs passion, but love can be blinding. Many entrepreneurs believe in their idea so much that they fail to validate it. They tend to dismiss negative feedback on their products or neglect collecting some. And they end up missing product/market fit. Overcoming that requires taking some distance with the idea and applying intellectual honesty. My advice is to talk to potential customers or users from day 1 and for every day after that: never stop collecting feedback. We’re now 25 people on the team at Scoop.it, but I still answer support tickets and take sales calls because there’s nothing as real and valuable than a direct conversation with a customer."
Now, those aren't my thing, but I did realize I could use it for just about anything in my systems noted above. For example, I gave myself the challenge of 100 days of learning a new skill and spent 100 days learning a programming language. It was well out of my comfort zone, but by the time the 100 days were up, I knew something new that I could put on the skills list of my resume. Try 100 days of reading more or being thoughtful to others.
Connecting the dots between marketing and sales is hugely important -- according to Aberdeen Group, companies with strong sales and marketing alignment achieve a 20% annual growth rate, compared to a 4% decline in revenue for companies with poor alignment. If you can improve your customer's' journey through the buying cycle by using digital technologies, then it's likely to reflect positively on your business's bottom line.
Mark is an entrepreneur and investor on ABC's Shark Tank. He's the owner of the NBA's Dallas Mavericks, Landmark Theatres, Magnolia Pictures, and is the chairman of the HDTV cable network AXS TV. In his recent interview on 30 Days of Genius with CreativeLive, Mark talked a lot about the mistakes many new entrepreneurs make when they think they've found a profitable business idea. Here's his business advice to those who want to start a business:
Running a coupons website can be very lucrative. Find a coupon niche, select a WordPress coupon theme, and then display relevant coupons on your site. When your audience uses the coupon codes or discount links, you will earn an affiliate cut, for example, you could set-up a site dedicated to iHerb Coupons or add a page to your website with Web Hosting Promo Codes. Coupon websites are quite high maintenance as they need to be constantly updated with new offers. However, if you build up an engaged audience and allow them to post coupons and discounts they have found themselves, then quite quickly your workload will reduce.
Drop shipping is another great ‘hands-off’ way to sell products. Firstly you will need to find businesses that sell products in your niche that offer a drop shipping service. Then you will need to create a website promoting and selling the products. When you make a sale, you take the payment on your site and then the manufacturer ships the goods to the buyer. The profit comes from charging a higher rate than the manufacturer, and if you are selling a high number of products this can quickly add up to a healthy revenue.
If you’re passionate about writing and feel strongly about certain subjects, type your way to riches by creating your own blog. Launching your own blog doesn’t require a great deal of technical or computer skills. It is important, however, that you do know what you’re talking about relative to the subject you’re writing on. Over time, you’ll start to develop an audience since people will trust your expertise and knowledge.
"The other big mistake I see entrepreneurs make is building a product for a customer they don't know well. That's why I always advise entrepreneurs to build a product for themselves--at least that way you ensure you've built something for a user you know intimately. All of the great tech companies of the past decade--Facebook, Twitter, Slack, Snapchat--were built by founders who were making products they wanted to use."
Case studies: Nothing grabs as much attention as a personal story. In fact, there are media that specialize on posting case studies mainly because of their high engagement potential. If it also contains a unique strategy, a new approach or angle, it has really good chances of being accepted by a prestigious blog. Personally, I hate writing about something that I’ve already read/written about before, so that’s why I often go with this option.
What they want: SEMrush is a comprehensive toolkit for digital marketers, but they also have a popular blog where they (and many of their guest authors) write about search, PPC, digital PR, and everything digital marketing. SEMrush has pretty strict editorial guidelines, which is convenient since you don’t have to wait for clarifications to start working on a post.
Your buyer can choose from a variety of items to have the image printed on. Your design could be put on a t-shirt, phone cover, pillow, mug and more; this greatly expands your online marketing options. Additionally, you can get into a print on demand business as the owner, or you can take advantage of this online business opportunity as a design contributor.
This job involves scanning text for grammar or syntax errors and correcting them. Proofreaders need to be able to identify errors such as misspellings, run-on sentences, comma splice, pronoun errors, mistakes in apostrophe usage, lack of subject/verb agreement, misplaced modifiers, incorrect sentence structure, using a wrong word, etc. There are also software programmes designed for proofreaders such as Grammarly or Ginger Software.
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off, there’s still plenty of others that you can get your hands on for relatively cheap and broker as a way to make money online. Before you dive in, however, beware that some experts doubt the long-term viability of this idea for making money online. However, there’s always the chance you might just land on a lucrative domain name for a future billion-dollar company. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
Now, running your own company is no mean feat and it will require a lot of effort. But the beginning is the most time-consuming part of the process. Later on, it can be possible to create a system which leaves you with a lot more time on your hands. You can spend this time with your significant other, your children, or your friends. A start-up which gives you this opportunity is perhaps the greatest success of all.
Instead, you’ll have to research the SEO optimization of the sites you see on auction, predict which companies and industries will be looking out for new domains, and get creative with out-of-the-box names that you can buy for little but turn around easily. Plus, patience is a virtue: it can take months, or even years, to get the right price (or any price!) for some domains you’ve purchased.
28. Subscription – If you think of something valuable (newsletter, online magazine, etc.) that you can consistently offer on a certain basis (weekly, monthly, etc.), you may want to offer a subscription service. This could be a fee charged each time your product is sent out or on a monthly basis. Either way, this has to be something that your customers can only get by subscribing to your website.
Search Engine Journal is all about search engine marketing. If you are planning to create a blog and make money from that blog, then you cannot ignore the search engine. Your marketing strategy should be search engine oriented. Search Engine Journal will help to design such a marketing strategy. It covers the search engine updates including pay-per-click marketing, search engine algorithms, and other effective information and trends on SEO.
The face of Moz, Rand Fishkin, has left the building… He’s moved onto new adventures and left behind the SEO blog that he made his own for so many years. As the trickle effect of his famous Whiteboard Friday videos comes to an end, there is a bit of a question mark over the future of the Moz blog. But it’s still an extensive library of resources for an SEO-focused digital marketer.
This is similar in concept to micro-tasks, except that it is oriented toward specific services, such as cleaning services, pest inspection, handyman services, house cleaning, lawn & garden services or any of the skilled trades. It might actually be more accurate to say that it is a platform where skilled service providers can offer their services to site visitors, similar to Angie’s List.
If you are a skilled and creative writer and you have enough time at your disposal, then you can earn good income from the internet. There are loads of websites you can secure high paying writing jobs from. Some of the sites where you can bid for freelance writing jobs are freelancer.com, upwork.com, guru.com and elance.com et al. From these sites you can get writing jobs that can comfortable pay your bills while you are in – between jobs or still schooling.
Practically across the board, successful entrepreneurs will tell you to avoid debt whenever possible. Some, like Mark Cuban, will tell you to avoid debt entirely. According to Cuban, if you are starting a business by borrowing money, you are already doomed to fail. Other entrepreneurs will take a more moderate stance on debt, saying instead that debt should be kept to a minimum. Becoming an entrepreneur with no money is hard, but high amounts of debt is a pitfall for entrepreneurs.
Leanplum doesn’t shy away from topics that aren’t already evergreen per se, clearly confident enough in the company’s business model and product to know that these posts will have staying power. They may not invest as much in covering topics people have been talking about for years already, but we’ll need mobile marketing resources for years to come.
More often than not, your niche will be something you have worked in for years. If you have been a carpenter for a local construction company, home remodeling and restoration may be your area. If you have worked at a restaurant for many years, you probably have a good understanding of how to run a food service business. Your current experience is a great place to starting looking for your niche.
A fitness site can have numerous revenue streams. Create healthy eating plans and recipes and lock them away as premium content. Promote and sell a fitness training course, eBook, or a series of videos. Or advertise your own personal fitness services on your site. Topfithub is a good example of a fitness site with decent video content alongside product reviews.
Offering specific online SEO services is also another online freelancer role that businesses are crying out for. If you know how to improve a website’s SEO by doing keyword research, creating content that can rank in search engines, adding metadata/schema to posts and pages, and building backlinks to a domain, to name a few tasks, then this could be a great line of work for you.
You can also market your ebook on your own website or blog, particularly if the site gets good traffic. Still another method is affiliate marketing. You can offer to pay sites related to your ebook a percentage of the sale price – say, anywhere between 20% and 50% – for them to post an ad or linked article for your book on their site. This could enable you to market your ebook on multiple platforms for greater market exposure.
Creating a jobs board website can be another profitable venture. The ‘jobs’ field can be quite saturated, so it is important to find a niche that is still crying out for a jobs board website. Monetize this type of site by charging businesses to list their jobs on your site. Those searching for jobs could also be charged a fee to access the higher paying job adverts.
Best of all, unlike a brick-and-mortar business, you don’t need a lot of startup capital. In fact, you can get many internet businesses up and running with no money at all because so many free services facilitate the possibility. For example, you can set up a website or blog for free using WordPress. Or you can leverage a third-party site like Amazon or eBay to sell goods with no inventory costs. You use their selling platform in exchange for giving them a cut of your sales.
Mechanical Turk is Amazon's take on micro-jobs. These are small miniscule-jobs that you can do for other people, which they call HITs, or Human Intelligence Tasks. These are super simple tasks that anyone can do. Some examples are listing off some URLs with certain kinds of images for one cent, or recording a few phrases with a microphone for 6 cents.