Category Archives: Income Generation Methods

Freelance Writing (part 1)

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Freelance word on bannerWhat makes freelance writing ideally suited to earning an income online? There are so many ways to network and meet clients online. You can develop an online presence and quickly grow your own business. People need content—there’s always work for good freelancers.

It doesn’t matter how desperate your financial situation is or how long you’ve been trying to make money online, freelancing can help turn things around for you. It is important to set yourself apart in some way, which is something we’ll talk about.

The life of a freelance writer can be a great one if you plan things the right way. There’s plenty of demand and projects to choose from, once you start to build your reputation. You can pick and choose from projects that really appeal to you.

Now, let’s talk about how to get started.

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Writing Life Histories

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Life story concept.Wouldn’t it be great for people to be able to easily compile biographies of their family members? Wouldn’t it be great if it were easy to publish these interviews and personal histories as actual books so they could be passed on to future generations?

Why is this so important? There are several reasons. Humans have always collected histories of the world and the people in the world. You and your family members are a big part of that. We can’t expect to understand life and be fulfilled in life if we don’t look to those who have come before us.

There is something really neat that comes from this in the form of self-reflection. What is the value of our life? Why do we do the things we do? What makes you the person you are today? This is all very important to explore. Taking a personal history helps you understand all of that.

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Create Mini Sites to Flip

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Site flipping is an extremely exciting business model that can be perfect for you even if you’re just starting out. Everyone wants a great, money-producing website. Not everyone wants to take the time to create one themselves.

That’s where you can come in. You can create incredible mini sites and sell them to business owners.

Each mini site you create will be an asset. You might build it to the point where it’s making money. Someone will buy it so they can turn it into an even bigger moneymaker.

Or, you might want to go the turnkey route. This means you’ll create a mini site that has a ton of potential… but you won’t wait until it’s making money. You’ll sell it right away. You’ll create the mini site the right way so the buyer has a high chance of turning it into a moneymaker.

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Amazon FBA Retail Arbitrage, part 2

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In the first part of this 2-part series about Amazon FBA Arbitrage, we talked about what it is exactly, how to determine some possible good products to sell, and some of the tools you can use to help you find profitable merchandise.

Now let’s talk about shopping.

Recommended Stores

There are so many stores where you can try to get your retail arbitrage business going. The exact stores will differ depending on the area you live in. For example, Meijer has some incredible deals but is not available everywhere. Target is available in more locations. Walmart is available just about everywhere. If you’re reading this outside the U.S., you’ll have to figure out which stores are most viable near you.

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Amazon FBA Retail Arbitrage, part 1

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What Is Retail Arbitrage?

Retail arbitrage simply means to buy something low and sell it high. In the case of retail arbitrage for FBA (Fulfillment by Amazon, which is Amazon’s amazing service where they will hold your inventory, market it, take the customer’s payments, and pack and ship it for you), you’ll buy retail items, either online or offline, and sell them for more money on Amazon. It really is as simple as that.

Retail arbitrage is a lot of fun because you can do it in your spare time. Let’s say you’re shopping at Target or Walmart. You can simply head over to the clearance area, scan some of the items using one of the tools you’ve downloaded to your smartphone (such as ScanPower or ProfitBandit) and buy the items you know will be profitable.

Once you really start to get into this, you’ll be amazed at how many opportunities there are out there to profit in everyday stores, even in your local grocery store.

Some people who really get into this won’t let themselves leave a retail store until they know they will have profited enough to take care of all of their purchases – even the ones they are making for their household! That’s a really fun way to think about this business. It can pay for minor expenses and even build up into a full-time income.

You might be wondering if there really is that much profit potential out there. There definitely is. You can shop for a day and come away with thousands of dollars in profits, if you know what you’re doing.

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