The fact is most people think big money short term instead of making lots of small amounts of money that lead up to something big long-term.
Writing a blog for example is something most people will say isn’t worth the money but there are many people out there that say that its good money. Reality is writing about the right thing is the most important thing even over content. I have had over 40 blogs at one time and I will tell you that a good niche blog that I stopped writing on 2 years ago with around 600 articles earns more than a Philippines blog with 5,000 articles. Why? Its all about niche’s and who’s writing in them. The Philippines is saturated with people with too much time now. When I started writing it the fact was there wasn’t many blogs. Technology has moved on and with it access to writing for thousands of expats that previously wouldn’t have written.
Yet the site with 600 articles is still making money every day even though I have done nothing with it in a long-time. There is no secret its just identifying not only a good niche but one that has money. Expats generally don’t spend a lot or look to drift onto your adverts around your site. But get into property or something else with big expense on advertising your onto something that will generate regular money.
Something many people don’t understand or use but I find it actually generates some regular cash and once the initial work is done like the above blog it just keeps earning. Affiliate marketing is done by joining specific websites that work within Affiliate Marketing networks. They have advertisers wanting to sell products and you gear blog posts and articles towards directing traffic to them. Does it pay? Fact is many things you will struggle to find what to write about to make it interesting enough to pull the right clients. Yet at the same time how many do you need? I will give an example of a VPN. That’s a Virtual Private Network which people use to watch TV abroad as it gives you a local IP address. So “local” TV in that country can be watched. The same network can also allow you to browse the internet completely unknown to your location. That software for every sign up makes 35 Euro’s on an on going basis. Yes if they renew you constantly keep getting paid.
Don’t expect instant success its not likely, where this work is blending in these types of articles in with other normal blog posts and articles. Google doesn’t like people cutting in on its advertising. Sorry, should I say you could get penalties from Google for excessive advertising (although Google doesn’t mind excessive advertising itself?). Reality is keeping everything in balance to maximise potential. At the same time its nice to get an email saying you just got paid.
Now that YouTube is giving you a slice of their pie you can make money on there. Don’t expect to get rich but you can build a regular nest egg. I am currently looking at this as an option for myself. But the fact is YouTube finds people wasting millions of hours looking at random things, as well as being productive as well. Getting paid for things that others find useful or interesting can’t be bad. The main thing is getting used to be in front of the camera. You will constantly get critics at the beginning as the internet people love feeding negativity instead of saying “I think it would be better if you did XX”. At the same time I would say just practice and if its still of interest upload it.
Over time you will build an audience and with it comes money, I can see audio and video being the new “Blog” of the future. As internet speeds increase so does the amount of people watching videos. IF you get big enough though it may pay to move onto your own site and charge for subscriptions. The amount Google pay is minimal in comparison to the value that you can possibly provide.
Your very likely to have knowledge your not even aware of is valuable to others. Doing broken down video tutorials you could actually create an entire series of videos and articles on how to do something. Recommend creating snippets and YouTube videos as marketing materials. Contacting other people in the same field to get feedback and recommendations you can use for promotion. Put some time into it and you will find it will pay out on a regular basis.
NOT INTERNET RELATED
Ok I know someone’s going to complain too much stuff online as it doesn’t work for everyone! So will add a few that does work locally in the UK. But could be possible in other locations.
The White Van Man
There is always something needing moved, houses cleared or things delivered. A white van goes a long way to make some money as a side line as well as being extremely useful once you have one.
For example when I had a furniture company years ago another company called us up asking who did our deliveries. This resulted in a new business venture delivering other stores goods on a daily basis which generated as much as £3,000 per week. A packaging company in Dudley had a Friday delivery from Hartlebury near Worcester. So every Friday there was a morning run but for the company it wasn’t viable owning a vehicle for one delivery. As you can see you start to develop a few clients on a regular basis and suddenly you could be running a small business. In the same way you may only want something for the weekend and having Saturday runs for stores. Could even rent the Van out during the week (also did this for Newspaper deliveries).
Auctions and clearances
One persons junk is another persons treasure, something I have just started doing again since being back in the UK. A couple of items purchased on Sunday include a Crystal Decanter and glasses for £20.00 brand new and boxed. Retail value is £60 for the decanter and £30 for the glasses. Selling on for £60. That’s trebling my money for simply trading. A decorative limited edition ornament cost £120 but its book value is £700 we will be selling this shortly for a lower amount to flip the money and buy more goods.
Now you don’t need to get into antiques and collectables as you do need to know what your doing. I am just lucky that my brother and father know their Wade as well as other speciality manufacturers and collections.Checking porcelain with your teeth to check if a damaged unit has been repaired to checking it with a UV light for the same reason where the difference show up.
But I would also say don’t buy at the first auction you go to and if you do start bidding be realistic and don’t bid from excitement! Also research items ahead of auctions you can get most brochures online a few days before auction dates.
Where do you sell? Ebay is still a big one but its also something I don’t like using for its ties with Paypal and prices being pushed down. Recommend trying to build your own website and doing some “loss leaders” with Ebay to build interest and let people know you exist. Also engaging in forums for collectables and finding other people interested in the items your trading. Wouldn’t recommend a shop unless you’ve got great stock and an even better location.
The other side of auctions is things that are recovered by Police, bankrupt stock, repossessions, lost luggage. All of these can be profitable but you need time to learn the ropes. I know “Factory returns” for example are normally junk parcels from what I have experienced. Wholesalers generally offer a better deal.
Seeing a niche
There is always a niche somewhere and I will give you a couple of ideas that I have done in the past. Can be small to big earners depending on the size of the company and what people need. But all make money.
Junk food – The obsession in the UK is getting a bit out of control to be honest with the healthy eating so would check with your policies where you work. But a Tupperware box of chocs and crisps are easy daily money. Also could get to the point where people even just keep the box in their office and you pick it up at the end of the day. Easy money!
Construction site clothing – Socks get wet in the rain and I used to keep a box in the car and wasn’t long until people on site knew where to come by word of mouth. Regular money every time it rained. Jeans often ripped as we worked as carpenters building timber frame houses. Another easy sell at £5.00 a pair when I was purchasing them by weight at less than a £1 a pair. As getting the odd nail caught on your jeans could leave some major exposure.
Just a few ideas to get you thinking but all of the ideas above can and do work. The antiques we have sold previously for huge profits. E.g. a £30 teapot going for £400. Porcelain gold rimmed bowls £150 each for £2800 a pair. Clothing for construction sites I used to make an extra £250 a week every week doing back in the 90s. Its all about finding where there is a problem and fixing it. Problems are always profitable!