AdWords is Google’s pay-per-click (PPC) advertising network. You’ll usually see these ads as the top 3 search results whenever you submit a Google search.
By advertising on AdWords you can leverage Google’s massive amount of traffic. And you can start getting traffic to your offers instantly.
Fast results. You don’t have to spend months building an audience. Once you setup an ad campaign you can start getting clicks to your website right away. And potentially, start seeing sales roll in.
First page of Google. Advertising on AdWords guarantees your ad will show up on the first page of Google. So you’ll be able to leverage the massive amounts of traffic Google has.
Faster data. With PPC advertising, you collect data much faster. You can get thousands of visitors per day to your website. This allows you to split-test and see what works best. You’ll be able to see which keywords are most profitable, which countries bring in the most customers, and which elements on your landing page increase sales.
Cash investment. You’ll be paying for each visitor that clicks your ad. Hence, the name pay-per-click (PPC) advertising. And according to this 2016 study, the average cost-per-click (CPC) is $2.32 across all industries. Now, your CPC will depend on your industry and campaign setup. But for a beginner, this can be a very expensive learning experience. Imagine spending $232 per day to get 100 visitors to your site. And if you can’t get do that profitably the traffic stops.
Learning curve. Setting up and optimizing an AdWords campaign requires a steep learning curve. Chances are, you’re not going to be profitable out of the gate. And you may not even be profitable on the front-end. You’ll need to learn how to optimize campaigns and funnels. Study up on negative keywords, geo-targeting, day-parting, EPC, copywriting, direct response marketing, landing page optimization, email marketing, and so much more.
Compliance issues. Google can be strict with how you can advertise. Chances are, you’ll have to go through several versions of your landing page design. Of course, your offers must follow their rules, too.
Google AdWords is a great way to get a lot of targeted traffic to your website and offers. But, this is definitely NOT beginner-friendly. AdWords is very advanced territory. I only recommend it to experienced entrepreneurs with more spare time and bigger pockets. If you’re a beginner with little capital then Digital Flipping may be a better alternative for you.
Digital Flipping doesn’t require a massive learning curve. This is because I removed a lot of the steps where beginners usually go wrong. For example, you won’t have to learn how to setup and optimize a profitable PPC campaign. And you don’t have to learn how to build an audience. Instead, we go straight to buyers who have their credit cards ready. Also, you won’t have to learn how to create or source a product. Instead, we outsource product fulfillment. For example, imagine someone wants a website designed for $500. You then outsource the work to someone who can do it for $100. Then you profit $400. That’s Digital Flipping.
No upfront investment. With Digital Flipping, you don’t have to risk any cash upfront. Refer to the past example. If a client is willing to pay $500, then those funds are secured in escrow. So you’re guaranteed that money as long as you deliver the service the client needs. By the way, I show you where you can outsource products and services for as low as $5. This makes it easier for a beginner because you don’t need much capital. And it’s practically no risk.
Now, Digital Flipping definitely doesn’t have the scale that Google AdWords has. But, for a beginner, this is a better way to start. It doesn’t require a big time commitment to learn. And it does not require a lot of risk. Once you build up funds and experience with Digital Flipping then consider using more advanced strategies such as Google AdWords.
Drive for ride sharing companies like Uber, Lyft, etc. and earn an additional income.
- Your schedule is as flexible as you choose.
- You’ll be able to interact with new people and see new places every day.
- No boss (except customers) and you’ll get a direct feel providing a wanted service.
- Your car must pass the requirements (and stay up to date) of the ride sharing company. Or you may be able to partner with a car owner to split profits.
- You can be dropped by your auto insurer if you don’t have a rideshare endorsement.
- Increasing supply of drivers makes earning money more difficult and less lucrative.
- If you don’t live in an in-demand city, you’ll have to drive to the inner city to find riders.
- Your car can get more wear and tear than you’d like.
- Local government and transportation departments can shut you down and make earning less reliable.
- The future of self-driving cars makes this a questionable opportunity if you’re looking for more long-term security.
- With Digital Flipping you don’t need a car, insurance, or to pay for gas or maintenance. The only equipment you need is a laptop (or bare minimum, smart phone) and a Wi-Fi connection.
- Also, you’re not competing with hundreds or thousands of other drivers. With Digital Flipping, your direct competition is usually in the 5-20 people range. This makes it more likely for you to succeed. Plus, I show you how to dominate the competition (and there’s no physical know-how needed).
- And, with Digital Flipping, it’s far more reliable and secure in the long-term. The site I show to find buyers has been around since 1999. And I just started digital flipping in 2016 (17 years later). So there’s still a ton of opportunity and it doesn’t look like it’ll go away soon.
- Next, because we’re flipping only digital goods and services, there’s no chance that your goods can get damaged. So no worries about insurance or maintenance costs.
- Also, you’ll always be able to find something to flip that’s in demand because we’re dealing with an international marketplace, not just the local city. There’s, on average, over 130,000 deals to flip every day on just the one site I share.
Search Engine Optimization (SEO) revolves around the idea that you can provide valuable content, leverage the billions of searches made on Google each day, and monetize offers–without an ad budget.
- It’s possible to receive a continuous flow of targeted visitors without an ad budget.
- It does not require an ad budget if you are performing content creation and link building yourself.
- SEO can help position you as an authority figure in your niche.
- If you do happen to get on the first page of Google for specific keywords then this can be very lucrative.
- Seeing your traffic grow from SEO will be a much slower process compared to other strategies. It takes time for your content to be indexed by search engines. Expect months of content creation and link building before seeing steady results.
- For the top SEO guys, this is not a free strategy. Instead, they are paying writers for content and they are paying for link building services. This usually ranges in the hundreds or thousands of dollars per month.
- Google Algorithms are always changing and only Google knows how it’ll change. In fact, Google rolled out 10 major updates in 2016 alone. This means the SEO efforts you invest in today are likely to be ineffective next month!
- It’s possible that Google will also penalize your site and search rankings. Each algorithm update can literally devalue all your previous efforts and drop your traffic back to zero. Having an unpredictable income and playing a game where you don’t know the rules can be stressful.
- My suggestion: If you have the time and purpose to create a bigger business then SEO does have value. However, I’d focus on providing valuable content and forget about SEO altogether for long-term search rankings. It seems as though Google is not favoring unnatural link building.
- With SEO, you have the potential to become an authority figure in your niche. With Digital Flipping, you do not. I consider Digital Flipping more of a starting point for beginners which can then lead to funding other business ideas you have.
- Now, with Digital Flipping the time investment is much, much less. You can do Digital Flipping whenever you have spare time. Ideally, you have a scheduled process to dedicate to it. But it definitely doesn’t require the time commitment that writing and link building does.
- Digital Flipping also doesn’t require an upfront investment. For example, if you find someone that’s willing to pay $100 for an article. That money would first go into escrow. This means that money has already been funded and you’re practically guaranteed payment. Then and only then will you pay to outsource the work to someone else. This makes it low risk because the escrow system protects you from buyers that leave before paying you. And less time because you’re not relying on your own efforts.
- Also, you can see an ROI on your Digital Flipping efforts usually in the first month. Personally, I earned an extra $500 in my first month; and I can usually earn an extra $1,000. Of course, your earnings depend on how well you target great clients and lucrative deals.
- Now, of course, you can’t predict your future income with 100% accuracy. But, with Digital Flipping it’s definitely not as unpredictable as SEO algorithms. After all, you see what’s in demand and each client states how much they’ll pay. This makes it less stressful for a beginner because you won’t be in the dark and you know your potential outcome. There won’t be days (or months) where you’re questioning your efforts or existence.
I actually receive these sort of questions more often than I’d like.
And I want to explain why these are the type of rookie questions you want to avoid, and what the questions veteran entrepreneurs ask instead.
Realistically could i make $5,000 per month doing digital flipping? if so, how much investment in time in money will I need?
Some students do, some students don’t.
I’ve noticed a student’s success depends on how well they comprehend the course, and the effort they put in to achieve their desired goal. With that said, I don’t know you well enough to know your skill level, comprehension skills, or circumstances.
Why This Is The Wrong Question
I’ve noticed that only rookies tend to ask this type question.
Rookies are looking to put in the least amount of effort and time, while hoping to reap disproportionately larger results.
They’ve been brainwashed by biz opp scammers saying that this business is so easy it just takes one click of a button, etc…
But let me ask you, “What job would pay you $5,000 for putting in little effort or time?”
Probably none. If there was one, nearly everyone would line up for it. Yet, the masses still fall for the fantasies of easy riches: lotteries, business opportunities, lawsuits, etc.
Now, of course, it’s possible to make $5,000 per month with digital flipping. I’ve already showed my case study and other student’s case study. But results will vary depending on your comprehension skills, effort, and current circumstances.
Sure, there are times where I barely work and make good money. But was it easy? No.
Look, if you want to be a veteran entrepreneur and create the financial situation you dream of then you’ve got to realize that it isn’t easy.
The reality is it took me YEARS to reach that point. It took YEARS of failures, losses, and tears.
It didn’t happen overnight. Why? Because there’s a lot to learn and unlearn.
For example, if you’ve seen my $19,000+ Facebook Ads case study then you’ll probably realize there’s a lot involved.
You have to learn how to do market research, how to create ads that influences hundreds of thousands (or even millions of people), how to write sales letters that convert, how to analyze data, how to manage cash flow, how to access or create offers, how to manage your emotional and mental state through tough times, etc.
Can that be learned overnight? Hell no.
If you want the riches, you have to be WORTH the riches. And that takes time, effort, pain, tears, and years.
The Right Questions To Ask
In order to be worth the riches you seek then you must start with asking better questions.
And some of those questions include:
- What skills do I have (or am I learning) to be worth the riches I seek?
- What measurable effort have I actually put in to be worth the riches I seek?
- What have I learned from my failures? And what can I change for my next attempt in order to succeed?
- What product or service am I creating or promoting that’s worth the riches I seek?
Notice how none of these questions involve things like can I make $X amount of dollars? Instead you should be focusing on creating something worth that amount. The rookie question involves doubt. The veteran question involves creation and value.
Also notice how none of these questions involve time? Sure, you want something that can scale. But a scalable business starts with something that’s WORTH scaling. If you start off with something no one values, then you can’t scale it.
If you want to discuss more, feel free to chat in Facebook group.
Hope that helps
P.S. If you want to learn the skills that are worth riches, I recommend you learn about paid advertising. Because you’ll learn how to reach potentially millions of people with a product or service that can help them. And of course, you’ll get paid for that at scale.
You can check out my Facebook Marketing course for more info.
Do product research, find a supplier (i.e. Alibaba), create a product listing, then launch and market your product using Amazon FBA (Fulfillment by Amazon). Amazon will then be your warehouse and handle picking, packing, shipping, and customer service for any orders you receive.
- A truly committed entrepreneur, that provides great products, can tap into Amazon’s customer base and infrastructure to create a scalable business.
- Amazon will handle fulfillment. This frees up your time from printing labels, packing, and shipping.
- Amazon will also handle any customer service, i.e. returns.
- You’ll need a sizable upfront investment to get samples from manufacturers, to produce an initial stock, ship it to Amazon’s warehouses, and pay for marketing.
- You may experience headaches with manufacturers on their ability to keep up with the amount and quality of orders.
- You may experience headaches with customs, while shipping stock to Amazon’s warehouses.
- After this time and money investment, you’ll still be unsure how much you’ll sell. Your first product may not be profitable and you may risk more money and time to start over.
- Any inventory that doesn’t sell will incur inventory storage fees.
- You’ll need to learn how to manage cash flow. You’ll need a process for buying new stock, testing new prototypes, and adding new listings. This can also be very time intensive and not as “hands off” as portrayed.
- Lack of control. Amazon controls practically every area of customer interaction. And FBA polices are always changing. You eventually lose some control of how you’d like to manage your business; and you risk having that business shut down if you’re only relying on Amazon as your sole selling channel.
- For beginners, Amazon FBA has many more moving parts where it can go wrong. It can be lucrative, but I can only recommend this for intermediate to advanced entrepreneurs.
- For starters, Amazon FBA requires an upfront investment. Most beginners won’t have the extra money needed to do this. If you do, and if you screw up, that setup back could take you out of the entrepreneurial game for a few months, a year, or longer.
- With Digital Flipping, there’s no upfront investment (profits are secured in escrow). This makes it more likely for a beginner to start risk-free, build up funds, then try out other businesses.
- Also, with Digital Flipping, there’s far less moving parts. Everything is done online and we’re flipping digital products or services. This removes any headaches with manufacturers, shipping, inventory, etc.
- Next, the time investment with Digital Flipping is far less… Because we don’t need to find manufacturers, ship product, set up and manage listings, etc. Instead, we go straight to buyers, outsource the work, and receive payments in as fast as 5 days.
- In closing, Amazon FBA is a solid business. But like all real businesses, there is a process behind it. This is a more advanced business, that is definitely not as “hands off” as portrayed. Unfortunately, the make money gurus have highlighted Amazon FBA as one of the trending “silver bullets” that’ll fast track your way to millions overnight. That’s not going to happen. When you start to make life-changing money, you’ll realize that it was never “easy” nor “required minimal or mediocre efforts”.
You can promote Amazon products via their affiliate program, Amazon Associates, and earn a commission.
To promote your affiliate offers, you’ll typically write some sort of “review” content that analyzes specific products to help people make a better buying decision. And it’s likely you’ll be relying on SEO for traffic generation.
- It’s free to join.
- You have a selection of over one million Amazon products that you can promote.
- If someone clicks your affiliate link, anything they buy in the next 24 hours will earn you a commission.
- Amazon is always testing conversion rates. Amazon has millions of data points to help them optimize the product pages you promote, which can help you earn more with their program.
- There’s a wide range of tools provided to promote Amazon products. You can use contextual links, native ads, product widgets, mobile pops, and more.
- There are some horror stories of other affiliate networks not paying out on time or not paying out at all. But with Amazon, it’s highly likely you’ll be paid on time. Amazon pays 60 days after the end of the month of earnings (this may be a potential con).
- Amazon Associate commissions are very low compared to other affiliate networks. Typically, you’ll earn 4% commissions. This will range depending on product category (some are as low as 1%).
- Affiliate cookies only last 24 hours. Meaning, if a visitor clicks your link and decides to buy 25 hours later you will not be credited with that sale. With other affiliate networks, cookies last much, much longer (i.e. days or months).
- To create the content you’ll either have to write up long, detailed reviews yourself or pay a writer to do so (expect to pay in the $100+ range).
- This also requires some funds for domain and hosting.
- You’ll also need to create your website, setup the layout, setup your affiliate links and widgets, get the proper plugins, etc.
- Amazon has some weird Terms of Service that, if you don’t follow, could lead to your suspension or ban from their affiliate program. For example, you can’t promote Amazon products to your email list and you can’t talk about price directly. Refer to their TOS or support staff for any clarifications or changes.
- Each Amazon store will require an independent sign-up process. For example, if you want to promote products from Amazon US and Amazon UK you’ll need to get approved for each one.
- Amazon Associates (and any affiliate program for that matter) is similar to Digital Flipping because you don’t have to actually create the product nor fulfill shipments. This makes it very beginner-friendly.
- Also, both Amazon Associates and Digital Flipping allow you to break into practically any industry because you’re not creating or fulfilling the product. And in this case, Amazon has an advantage due to the sheer amount of products in their inventory.
- However, with Digital Flipping your margins are much, much larger. For example, if someone wants a website done for $500 your profit margin will depend on how much less you can outsource that work for. So if you’re able to outsource that work for $100, you’ll pocket an extra $400. Compare that to the 4% earnings you’ll see with Amazon.
- Also, Digital Flipping has some slight advantages because no upfront investment is needed for a website or hosting. In fact, profits are secured in escrow first before you pay to outsource the work.
- Next, Digital Flipping is much faster because it does not require any content creation or SEO. We go straight to buyers that already have their credit cards ready and know how much they want to spend. In fact, once you close a deal and deliver the work (which you outsourced) you’ll receive the money from escrow in 5 days.
- In closing, Amazon Associates isn’t a magic bullet. Like I say, every real business is a process. With Amazon Associates, you’re essentially blogging and just using Amazon products as your monetization method.
- Fundamentally, you need a buyer and an offer they value to exchange money. Amazon Associates is just one way to provide something of value to a potential buyer. My suggestion: Start with an audience’s problem then find how to offer that solution (don’t stay stuck to just one affiliate network, especially if they don’t provide the ideal solution).
Here’s a coupon to my new affiliate marketing course:
This coupon is only good for the first 1,000 students.
I have 13,000 students.
So join now because I probably won’t offer it this low ever again.
But there are some differences…
You don’t need to create your own products either…
But, instead of relying on Fiverr services, we now have access to an even wider range of physical and digital products.
More things to sell = more niches to target = higher potential to profit
Plus, it’s more automated and scalable because… you can literally target millions of potential buyers to come to us 24/7.
So if you’ve seen my $19,000 recurring campaign case study… and wanted to know the entire research, setup, and tracking process… this is it.
For more details about the course check out the promo video, course description, and curriculum here:
So join now because this is the lowest price I can set on Udemy, and I probably won’t offer it this low ever again.
P.S. Here’s another coupon if you’re a little late:
Earn a commission for every new customer you bring to a business.
For example, imagine you’ve discovered a group of people that are looking to lose weight. Then you discovered a business that creates a fat loss pill that’s the perfect match for these people.
The pill costs $40. And the business can afford to give you a 50% commission. So every person you’re able to refer to the business will earn you a $20 commission.
That’s affiliate marketing.
No product creation skills needed. To make money, there are two foundational principles. 1) Finding out what people value enough to exchange money for. This involves research, empathy, and product creation. 2) Giving it to them (aka salesmanship and marketing). With affiliate marketing, you don’t need to come up with a product idea nor create one. Your main focus will be salesmanship and marketing. This makes it easier for a beginner because this removes a lot of steps that could go wrong.
Millions of products to promote. Nearly every product line has an affiliate program available for you to join. After all, which business doesn’t want more customers? In fact, Amazon’s affiliate program gives you access to a million products. And Amazon is just one affiliate program.
Less headaches. Affiliate marketing definitely comes with less headaches than creating your own product. You don’t deal with manufacturing products, inventory, product damage or loss, or employees. Even compared to digital products there are far less headaches. No customer support, no tech issues to deal with, etc.
Less cost and time investment. Again, you don’t have to create a product. Whether a product is digital or physical it still takes time to create. Plus, you won’t need to invest any cash upfront for inventory or product creation. This makes it more beginner-friendly if you’re starting out with little to no capital.
Loss of customer base. Your satisfied customer list is the most valuable asset in your business. If you lost everything, you can still make money if you can contact your customer list again with a new offer. But, with affiliate marketing, you do not keep customers. For example, imagine you’re an Amazon affiliate and have an affiliate review site. Now, you’ll see a conversion tracked if someone buys. But you won’t know the customers email or contact info. Amazon keeps all the data and buyer information. The smart alternative is to build a list and segment or tag customers.
High competition. Affiliate programs are free to join. Again, every business wants help to bring in more customers. This means whatever you promote is also promoted by a hundred or a thousand others.
Learning curve. There is less of a learning curve because you don’t have to create a product and deal with other processes. But, you still need to learn and master salesmanship and marketing. Your success will depend on how well you’re able to empathize with a group of people. And how well you communicate the match between them and the perfect product. And you’ll need to master marketing, which is reaching these people in mass. This could either take a long time, or needs an ad budget.
Not getting paid. Affiliate networks act as the intermediary between you and the business offering commissions. So the affiliate networks are responsible for paying you even if the business decides not to. Now, there are quality controls to ensure your customers come from approved sources. And most affiliate networks have a solid reputation for paying out. But, affiliate tracking isn’t always 100% accurate. You could be losing commissions due to their tracking system. You can split-test affiliate network links to find out.
VS Digital Flipping
Affiliate marketing is perhaps one of the more beginner-friendly ways to start earning online. But, you can’t just start posting your affiliate link everywhere. You’ll likely get banned due to SPAM. It still requires time (or ad budget) and a process to build an audience or get traffic to promote offers to. This is why Digital Flipping has an advantage.
Less of a learning curve. With Digital Flipping, you don’t have to build an audience. Because we go straight to buyers that already have their credit cards ready.
Earn faster. With Digital Flipping, you don’t need to build an audience. So it’s likely you’ll start seeing earnings faster than with affiliate marketing. In fact, once you flip a deal you receive your earnings within 5 days.
No product creation. Digital Flipping doesn’t require you to create products, either. Like the name implies, we are flipping digital goods. So if someone wants a website designed for $500 we’ll outsource it to an expert for $100 and profit the difference.
Keep customers. With Digital Flipping, you keep all your customers. You know who bought what, how much they spent, and you have access to contact them. This allows you to go back to them with more offers and recurring offers.
Less competition. With Digital Flipping, each deal only has between 5 to 20 other people you’re competing with. At most, 50. But, these people aren’t marketers. They don’t really know how to sell themselves and communicate their value. In my course, I show you exactly what to type to close theses deals and stand out from the competition.
Secured payments. With Digital Flipping, you won’t lose out on any deal you close. Each payment is guaranteed in escrow first. Then and only then would you pay to outsource the work. This makes it so there’s virtually no risk and ensures you get paid on every
You can create a digital course (i.e. eBook, video course, or voice recording) and sell it online to earn an income.
- Course creation software. New technology is now making it easier than ever for you to create your own digital products. Creating an eBook is simple–open up a Word document and save it as a PDF. For video and audio courses, screen-capture software and audio-recording software is available.
- Course platforms. Websites, like Udemy, make it much easier to publish your course and attract students. This offers a free way for beginners to setup their landing pages, publish courses, collect payments, and manage students.
- Time. Creating a course is time-consuming. First, you’ll need to have expertise on a subject. And that expertise could have taken years for you to develop. Secondly, it takes time to create a high-quality course. And, chances are, you’ll have to make updates based on student feedback.
- Salesmanship and marketing. Creating a course is half the battle. You’ll also then need to attract students to earn an income. To do this, you’ll need salesmanship and marketing skills. I recommend studying up on direct response copywriting and marketing. Copywriting will help you communicate the course benefits to your ideal buyer. And direct response marketing will help you in attract more of your ideal buyers. Again, these skills require a learning curve. And you will spend most of your time building your customer base.
- Less control. If you decide to host your course on a course site, like Udemy, then you may not have 100% control of your customer base. For example, Udemy keeps the customer data (like email addresses) to themselves. And they only allow you to send your own students a promotional email four times a month. Udemy may help you in attracting organic sales, but keep in mind you will give up control.
- Course creation is a great way to earn an income online; but, it’s not something you can do on the side. If you go this route you need to jump in 100% into the entrepreneurial realm. This will require full time commitment to scale this up. If you don’t yet have the funds saved up to allow you to do this then I suggest to pursue Digital Flipping first.
- No expertise needed. With Digital Flipping, you don’t need to be an expert on anything. We’re acting as a “middleman”. For example, we’ll find someone that wants a website done for $500. Then we’ll find someone else that can do it for $100. Then we pocket the difference. That’s how Digital Flipping works.
- Less time. With Digital Flipping, you do not have to create a course. In fact, you don’t have to create any products that you sell. Again, we’re the middleman. This means there’s far less of a time commitment. So it’s a more beginner-friendly option to start earning online.
- No other skills needed. Learning salesmanship and marketing takes time. With Digital Flipping, we don’t take time to build an audience or attract leads. Instead, we go straight to buyers that have their credit cards ready. And closing the deal is simple because I provide a word-for-word script.
- Control. With Digital Flipping, you have much more control. You have access to all your customer’s contact information. You can message them as many times as you want. And you can upsell them more products and services without limit.
- In closing, course creation is a great way to earn online. Is it beginner-friendly? I don’t think so. The time and commitment needed means you need to be a full time entrepreneur. For a lower risk and less time commitment start, I recommend Digital Flipping. Once you have enough funds and time then consider more advanced options like course creation.
Organic reach on Facebook is declining. If you have a Facebook page, you may have noticed your posts are limited by Facebook’s algorithm to only reach a maximum of 8% of your audience (and maybe even lower than 2%).
To reach Facebook’s 1.2 billion users effectively, you’re now pressured into paying for Facebook Ads.
- Facebook has a ton of traffic. Depending on your targeting, you can literally have hundreds or thousands of visitors click to your sales page almost instantly.
- Facebook Ads has one of the most granular targeting options among ad networks. Facebook users readily give up their city, age, interests, and even more information just from their daily online activity. This makes it easier for you to target your ideal buyers online.
- Campaign and Ad setup is very simple to understand and follow. Plus, there are a variety of ad types (links, photos, videos, etc.) and ad goals (engagement, video views, website clicks, etc.) to match your conversion goals.
- Campaign tracking is also very in-depth and you may not have to purchase a third party tracker.
- This does cost money. Even the pros spend a couple thousand or more to collect data before they can turn campaigns into a winner. And sometimes, they still bomb! This can be an expensive learning experience especially if you’re a beginner with no understanding of direct response marketing and copywriting.
- Some offers are not ideal to advertise on Facebook. For example, if you have a legitimate, natural health supplement you can face some issues getting your ads approved. And if you have a dating offer, you’ll need prior written permission before you can run ads. Refer to their advertising policies to see any restrictions for your offer.
- Also, they can be strict with how you advertise. Your copy, your ad image (or video), and your landing page may have to go through several reiterations before it’s approved by Facebook’s ad approval team.
- I actually like Facebook Advertising as a way to generate traffic to offers. And eventually, I’d like to help you get to a position where you can use it profitably. However, I do not consider it to be beginner-friendly. The biggest reason why is because there’s the double whammy of a cost requirement and a big learning curve. Most beginners don’t have the extra $3,000 or more to collect data, analyze results, and turn it into a winner. Plus, most beginners don’t have enough experience yet with direct response marketing and copywriting… so it’s even more likely that they’ll lose all that money and be out of the entrepreneurial game for some time.
- Now, Digital Flipping does not have the scale of Facebook Ads. However, it offers a risk-free way for beginners to start their entrepreneurial journey. In fact, no upfront investment is needed and profits are guaranteed in escrow.
- Also, it doesn’t require a big learning curve. In fact, you don’t really need to learn much because all you do is find buyers and what they need. Then you outsource the work they need to someone else and profit the difference.
- Overall, I’d consider Facebook Ads for people that can afford to lose a few thousand dollars. And preferably, they already have experience with direct response marketing and copywriting so that investment isn’t lost. But if you’re a complete beginner, I recommend you start with Digital Flipping to build up funds first.
Most business (especially brick and mortar, mom and pop types) aren’t fully embracing online platforms to get more customers.
You can add value and start a side hustle by managing their social media accounts.
- For most, this is relatively simple work that requires content curation, link sharing, some graphic design, engagement of customers, etc.
- Also, there are a lot of tools allowing you to schedule posts and track engagement across various platforms all in one place. This makes room for some automation and scale.
- If you want, this can become a full time gig. I have a buddy that manages social media for a company as an employee.
- Or you can go the more business route and get clients based on a recurring fee. I’ve seen clients pay anywhere from $500 – $3,000 per month depending on the value proposition.
- While you may be able to automate some tasks it can be difficult to completely cut off from the work. Essentially, you have to represent the company and deal with customers 24/7.
- You’re also like a Customer Service Rep because you’ll be dealing with complaints on a daily basis.
- You’re going to have to truly represent the company or companies you manage social media for. They’ll be counting on you to put their best image forward. Acting in a way that doesn’t align with the brand could have the audience and company going after you.
- It’s possible you’ll be micro-managed. The company may heavily critique your work to ensure it’s all 100% aligned with their brand.
- You may be asked for much more than you anticipated. Or your work may be disregarded as less important. So you’ll need a way to be able to measure your performance through KPI (key performance indicators) reports and demonstrate the value you’re providing to the company.
- No “method” is 100% easy or hands off. And I actually like the idea of Social Media Management for beginners because it’s in an area that most beginners are very comfortable with. However, I feel Social Media Management will require much more time than a typical side hustle. This is why I favor Digital Flipping for beginners.
- In this case, this would be a service I’d teach you to flip. So instead of having to be the expert in social media or keeping up with the evolving trends… we’d, instead, outsource this work to an expert.
- For a beginner, Digital Flipping would be easier because we can act as an agency. For example, you find a client that needs this service and they’d be willing to pay $1,000 per month. We’d find a social media manager for $200 per month and then keep the profits.
- I share exactly where to find these sorts of buyers and experts to outsource to in my Digital Flipping Course.
Cost per action (CPA) marketing is like affiliate marketing. The main difference is that you can earn commissions from actions that don’t require a sale.
You can also earn commissions from various actions. It can be an email submit, zip submit, app install, or filling out a form.
Easier to earn. It can be easier to make money with CPA affiliate marketing because you don’t have to make sales. You can earn commissions on various low-barrier actions.
No product creation. You also don’t need any product creation skills. You market the existing offers of other businesses. This means less headaches. No dealing with customer service, tech issues, fulfillment, etc.
Low commissions. If you’re looking at it from an earnings per commission stand point then commissions can be low. Because you’re not providing paying customers businesses will pay you lower commissions. For example, you can expect to earn around $1.00 per email submit. Of course, with the right campaign this can still be very lucrative if scaled.
Offer restrictions. Because you’re not referring paying customers there are more rules to follow. After all, every business wants to be sure you’re sending them high-quality leads. Each offer may only approve leads from specific countries, devices, and traffic sources. Also, there may be an initial limit on how many leads you can refer to each day. If your leads are low-quality, you may be banned from promoting the offer.
Approval process. Before you can promote CPA affiliate offers you’ll need to join a CPA affiliate network. These networks have a stricter approval process than networks like Clickbank. Again, they need to make sure new affiliates will provide high-quality leads. You can expect to do Skype interviews first to get approved. Also, some networks are invite-only and need a referral.
No customer base. Most affiliates just arbitrage traffic to make money. For example, imagine a CPA affiliate gets visitors for $0.05 per click. So for every 1,000 visitors he pays $50. Now imagine he gets a 2% conversion rate. Meaning he gets 20 conversions for each visitor. Now, for his offer, he gets $4.00 per email submit. So he makes $80 per visitor, or $30 profit. In this scenario, a typical affiliate will just scale this up. Now, it can be lucrative. But it will be short-term. He didn’t build a list of his customers. If his offer no longer converts profitably this campaign is over. If the advertiser doesn’t like the quality of his leads it’s over. The point is to keep as many things as possible in your control.
High competition. Affiliate marketing is getting big. There are large conferences for it every month. And excited masses means bigger crowds and higher costs. For example, mobile advertising was all the rage. Then native ads. This increased the cost of advertising on those channels for everyone. I’m not sure what the next trend will be. But I am sure that more and more people are looking into affiliate marketing. And the costs will rise.
High learning curve. I actually like strategies that require high learning curves. Because it weeds out everyone else that’s focused on events and not process. For a beginner, CPA affiliate marketing has a high learning curve. Sure, you don’t have to learn how to create a great product. But you still must master salesmanship and direct response marketing. For every thousand affiliates only one real student is actually making money from it.
Upfront investment. To actually scale things up and make a game-changing income you’ll need to do paid advertising. This requires a few thousand to test a campaign (considering that you’re a beginner that doesn’t really know what to do). And that test campaign can fall flat on your face. Imagine spending $3,000 and making zero commissions. It happens. Even for the pros. Again, there’s a big learning curve.
VS Digital Flipping
Affiliate marketing and CPA marketing is something I personally love a lot. But it takes a lifetime to master. You’ll need to be a true student of direct response marketing. This requires a big time commitment and upfront investment. And for most beginners, this is not an ideal way to start. That’s why Digital Flipping may be the better alternative.
Small learning curve. With Digital Flipping, there’s no major learning curve. I created a process that doesn’t need a lot skills. For example, you don’t need to learn how to setup advertising campaigns. You don’t need to create products, either. Instead, we simply find buyers with money ready. We find out what they want and then we outsource that work and profit the difference.
Less competition. With Digital Flipping, you’re not competing with thousands of other people. In fact, you can see the amount of competition you have with each deal. Usually, it’s around 5 to 20 people. 50 people at most. This is far less than the hundreds of thousands of affiliates out there.
No upfront investment. With Digital Flipping, you don’t spend any money upfront. For example, imagine someone wants a website designed for $500. Once you close the deal that money is secured in escrow first. So you’re guaranteed that money once you send the work. Now, we’re not doing the work ourselves. We’re outsourcing it to someone else. So imagine we find someone that can do it for $100. We then profit $400.
Control customer base. With Digital Flipping, you have access to all your customers. You can message them and sell them more and more digital products or services.
Bigger earnings. I don’t do a deal unless it’s at least worth $100 in profit. And with Digital Flipping, each deal can be worth anywhere from $250 to $1,000 or more. Flipping just one or two deals a month could lead to a decent $1,000 extra. And flipping a couple deals is much easier than getting 1,000 conversions at $1.00 each.
In closing, affiliate marketing is a great way to earn money. In fact, I’d like to share more advanced courses using that strategy. But is it a great choice for a beginner? Probably not. I recommend beginners build up experience and fund first with Digital Flipping. Then when you have some cash reserves then consider advanced strategies that require bigger pockets.
Most recent earning?
Can you upload or tell us your most recent earnings? I just need some motivation. I mean does it work in 2018
Posted in Q&A Section Dec 3, 2018
Sure, here’s a current project.
Not yet complete, but gross earnings of $800 with the first milestone already paid.
I have 3 other projects but waiting on milestones to be funded first.
UPDATE: Dec 4, 2018
One of the other projects I mentioned previously just got funded. Still waiting on a couple more. But, hey, December isn’t over yet!
Remember, in the Digital Flipping course, I’m teaching you fundamentals that will always work.
Finding out what people want, and delivering a product/service that fulfills that desire is how money exchanges hands.
With Digital Flipping, it’s just easier for beginners because we outsource the product or service to reliable experts so you don’t need to learn anything new.
Remember: It’s NOT about what you want, it’s about what OTHER PEOPLE WANT and finding a way to give it to them.
I’m teaching you FUNDAMENTALS that apply anywhere and throughout time.
Also, you need to get your mindset straight first.
If you lack motivation it’s because you don’t have a solid REASON WHY you must do something.
Get clarity as to what your strengths are, and how you want to use them to help others. If you do you won’t need motivation because you know what you’re meant to do. The money is just a bonus to the rewarding feeling of knowing why you’re here.
Read the free materials I’ve made for you to get your mind straight: http://www.libertyblueprint.com/how-to-create-your-dream-life/
The battle is won in the mind.
Change can only happen when you change. And changes all start in the mind first: thoughts, beliefs, interpretations, emotional states. Then, and only then, can the right actions follow.
P.S. Now, you may have noticed that I don’t post earnings update often. The reason why is because focusing on results is NOT the most important thing.
Start a YouTube channel, build an audience, and monetize it via ads, sponsored content, affiliate offers, merchandise, and more.
- It’s a favorable medium for online, remote work that can be done anywhere
- Your content will live on and past content will continue earning for you
- Your content can scale and reach the masses
- YouTube is an engaging platform to speak with your audience and customers
- Ok, let’s get real. Pretty much every “method” you see is the same exact thing. It’s just another way to generate traffic to monetize an offer. That’s it. And YouTube is no different. It’s practically blogging (producing content) in video format.
- Just like blogging (and everything else) there’s a lot of competition. So success will be dependent on excellence and ensuring you’re actually solving a problem and providing value. Most people copy what other people are doing without knowing what makes them different, or why an audience will want to follow them. Know what problem you’re solving; know your outcome.
- Also, it’s likely it’ll take some time before you generate any income. Remember, YouTube is like blogging with SEO optimized content and waiting to get indexed by Google. (My suggestion: Have an offer that converts first, then use YouTube for additional traffic.)
- If you hate getting in front of the camera, you’ll need to pursue other alternatives. Or you can go the animation route, or hire out on-screen talent. This will require an investment, which may not be ideal for a beginner.
- Digital Flipping is based all around the principle that beginners need a side hustle income that does not require much time or experience.
- YouTube will require a lot of time upfront in video creation. And it’ll require some camera and video experience. Or if you hire out the talent, it’ll require an upfront investment. With Digital Flipping you only spend money once profits are secured and guaranteed in escrow. So there’s virtually no risk because any money you spend to flip a deal (usually less than $100) will already be secured by the profits you know you’ll earn.
- Plus, with YouTube, it’ll take much longer to see any earnings. And who knows how much that’ll be. With Digital Flipping, it’s possible to earn an extra $500 – $1,000 in the first month. Again, we go straight to the buyers and outsource all the work. For a beginner, this is perhaps one of the best ways to start because of the low risk and fast results.
- I consider a large majority of the other ideas to be more advanced methods, which is something we can build up to in the future after you’ve made your first success with Digital Flipping.
Self-publishing is no longer a slow, rejection-filled process. Now, you can earn a side income by self-publishing eBooks on Amazon.
- It’s completely free to self-publish and sell on Amazon.
- It’s fast. Once you upload your manuscript and eBook details on Amazon you can expect to see it live (and ready to make sales) in 12 hours or less. Plus, you can continually upload revised versions.
- Amazon has a large database of customers. And self-publishing on Amazon tends to sell more books than any other platforms. Plus, the amount of eBook sales are growing and outperforming traditional paperback books.
- You retain all the rights to your books.
- You can earn 70% royalties from your book (if it’s priced between $2.99-$9.99). If it’s out of that price range expect 35% royalties. Either way, this is much higher than traditional publishers that typically pay 10% or far less.
- You have full creative and marketing control. You decide the topics, the length, the style, the pricing, the marketing strategy, etc. There’s no one, except your target audience, telling you how to do things.
- Amazon also has a decent stats tracker where you can review the sales of each book you’ve published.
- There are other ways to monetize. You can create paperback versions of your book via CreateSpace, narrated versions (Audible), and join in on other Amazon programs (KDP Select) to help increase your earnings.
- There’s an enormous amount of competition. The ease, speed, and zero cost of publishing has created thousands of competing authors in virtually every fiction and non-fiction genre.
- There will be costs involved if you won’t be doing everything. If that’s the case, you can expect to pay for someone else to write the book (if you outsource), editing, formatting, book cover design, and promotion.
- There’s no publisher to help you. So you’ll need to be in charge of marketing your products, building an audience, managing reviews, book research, book publishing setup, writing the book description, and so much more. I always preach that every opportunity is a process and self-publishing is no different. You can’t expect to upload mediocre books and start swimming in passive income.
- The first payment you receive will be 60 days after the end of the month.
- I actually like self-publishing on Amazon for beginners. No upfront cost and the amount of customers on Amazon makes it beginner-friendly. However, there are some advantages if doing the Digital Flipping methodology instead.
- First, there’s no upfront cost with Digital Flipping either. But the advantage is you get paid much sooner. Once you close a deal and deliver the work (which you outsource) you’ll get paid in 5 days. So if you’re beginner that needs to receive your earnings faster this would be a more favorable approach.
- Secondly, with Digital Flipping, you don’t do the work. You won’t be writing, editing, designing book covers, or building an audience. The way Digital Flipping works is, let’s say, you find someone that wants an eBook written for $400. You’ll then find an expert to do it for, let’s say, $150. Then you profit the difference. By the way, you’ll only pay the expert once the $400 (that the buyer is willing to pay) is secured in escrow. So this is virtually risk-free. With self-publishing, any investments you make have zero guarantee. You’ll have no idea how many books you sell.
- Also, with Digital Flipping, there’s far less competition. For each deal, you can see how many other people are bidding to win the job. This is, usually, only in the 5-20 people range. At max, 50 people. This is far less than the amount of authors on the Amazon platform. Plus, your competitors aren’t usually the best salesmen. So this gives you an advantage because in my course I share word-for-word the proposal script to close lucrative deals.
- There are a lot of legit ways to earn a side income. Self-publishing on Amazon is actually a great one. However, if you’re an absolute beginner, I’d recommend getting some confidence and building up some funds with Digital Flipping first. Then you can use those funds to outsource writing books on Amazon or any other business. Now, I’ll be sharing more advanced and lucrative business courses. But these require bigger investments and experience. And you’ve got to start somewhere first. Digital Flipping is one of the better options to start with.
If you have any property (or even a spare room) you can rent it out to other people using a site like AirBnb. If you’re renting you can sublease any unit you’re currently renting (depending on your contract).
- Turning your property into a more affordable short-term rental (compared to local hotels) can turn into lucrative side hustle.
- You can meet people from all over the world.
- Your property must be in a desired location for incoming visitors.
- Of course, you’ll need to provide a place that’s well furnished, well photographed, and you must be able to provide great customer service.
- You’ll need to ensure your property is always well maintained. This means staying on top of light switches, paint, and overall cleanliness. Don’t forget scrubbing toilets.
- There will also be some management required. Be ready to stay in communication with incoming visitors, current guests, and managing your calendar for visitors.
- You must purchase insurance for short-term rentals. (Traditional policies do not cover this.) This will save you from guests that end up partying hard. Also, be sure to screen potential guests about their trip and intentions.
- With Digital Flipping, your location doesn’t matter. Why? Because we’re leveraging an international marketplace online. This can be done in nearly every single country.
- Because we’re dealing with digital goods and services, nothing needs to be maintained. And zero toilets need to be scrubbed.
- There will be some management required. You will be talking to some clients. But it’s all done via messaging (so no worries if you’re camera shy). Plus, I share with you the word-for-word proposal scripts you need to close deals. And if clients have any questions, you simply relay those questions to your outsourcer. Again, we’re acting like an agency in a sense.
- No upfront purchases will be needed. No insurance. And practically no risk. Once you close a deal the profits are secured in escrow. Then and only then, will you spend a money to hire an outsourcer. And, of course, you simply spend less than what you’ll earn so that you can profit.
Student asked whether he should have an Amazon business or Shopify business. What do you think my answer was?
— Paulo Perdu (@PerduPaulo) May 14, 2018
A student asked whether he should start an Amazon or Shopify business.
So I setup a Twitter Poll asking followers what they think my answer is.
Well, the results are in…
It’s a split between “Amazon” and “Shopify“. And 24% saying “Other“.
In this case, my answer is… “Other”
Amazon and Shopify are just platforms. They’re not businesses.
Let me explain: This student’s question is like asking, “Should I have a WordPress website or Squarespace website?”
When starting, these are the wrong questions to ask. Why? Because these are just platforms. They are not businesses. They are just one place to store your solution (aka product).
Think about it. When you setup an Amazon listing or a Shopify site, what exactly do you need? You need a solution (aka a product to sell). But before you can figure out what to sell you need to know what the problem is!
So even if you decided to choose Amazon or Shopify… this still presents a lot of unanswered questions… Like what are you going to sell? What problems are you solving that others are not? How are you going to attract customers? You need to be asking these fundamental questions first.
This is why focusing on the tools and platforms is worthless.
To Recap So Far:
- You need to find a problem
- You need to create a solution for that problem
- Then you can choose what platform is best for delivering that solution (aka attracting customers)
Finding Problems (aka Business Idea Generation)
So you might be asking… how do you find problems?
This is the first question you should be asking to generate business ideas. Because businesses get rewarded for solving problems.
Now, there are a lot of ways to do this.
One example is going to Amazon. Because Amazon attracts a lot of traffic and the visitors are buyers.
So, at Amazon, you’ll see a large variety of departments of best selling items. And if you dive into the reviews you may see opportunities where these products (aka solutions) are not delivering the solution in the best way.
For example, reviews with complaints may reveal that the product materials break easy. So this might be a good opportunity for you to create a better version of the product with more durable material.
Again, the point is to look for ways to improve upon already proven ideas. In this example, we already know this product sells, but there’s room for improvement (aka a new problem for you to solve).
This is where it gets sad.
A lot of newbie entrepreneurs think they can just source a product from Alibaba and wham bam thank you ma’am they’re rolling in the dough.
The harsh reality is that the “creating solution” stage is not easy and not as clear as you may think.
There is no step-by-step process. I don’t care what the guru products tell you.
To be clear: Yes, there may be “best practices”… but it’s highly likely your process will be way different than everyone else’s process.
Everyone is solving a different problem.
Everyone is going to encounter different obstacles.
So everyone is going to follow different processes.
And everyone will get different results.
So the only legitimate advice in the creating solution stage is to focus on the problem in front of you… solve it… move on to the next problem… solve it… and repeat that until the solution gets in the hands of the customer.
If you finished the past two stages then you should have done two things:
- Identified a problem
- Created a solution for that problem
Now, it’s time to get it in the hands of the customer.
This is the time where you should consider questions like: Hmm should I use Amazon or Shopify?
Choosing your delivery platform will depend highly on where your customers hang out (the people with the problem you can solve) and how you can attract them.
For example, if we did happen to find a problem on Amazon then it’s likely you’re probably going to use Amazon to deliver your new solution. After all, you first discovered the problem from Amazon buyers.
Now, let’s say you found the problem on a Facebook Group… in this case, you’re probably going to use Facebook Ads (aka Paid Advertising). Now, if your ideal customer clicks your ad then it’ll probably redirect to your Shopify landing page.
Your tools and delivery platform will depend highly on where you can find the people with the problem you can solve… and the best way to deliver that solution to them.
Now, do you see why my answer was “Other” in the Twitter Poll? It made no sense to ask that question first.
You need to ask the fundamental questions first: What problem are you solving? Where do people with this problem hang out? What’s the best way to deliver the solution to them?
There is no “one size fits all” answer.
The entire process will be different for everyone.
Remember, as entrepreneurs, we’re solving problems the majority does not want to. That’s why the majority ends up paying us for those efforts.
And remember, the majority are the type that wants everything mapped out for them at their convenience. Entrepreneurs face the unknown, there’s no map, we must create that convenience.
Shameless plug: I created a new Pay Per Click Advertising Course. I cover how to attract customers using the Amazon PPC, Pinterest Ads, Instagram Ads, Twitter Ads, and Facebook Ads. So if you see yourself using these delivery platforms this course may be a good fit for you.
You can post a service on Fiverr (i.e. logo creation, video editing, article writing, etc.) and leverage the millions of visitors Fiverr has to earn a side hustle income.
- It costs you nothing to offer your service. So it’s a great way for beginners to start making money online without any risk.
- Secondly, you don’t need to be tech savy or learn any website creation. All you have to do is go through Fiverr’s step-by-step gig creation process to have your sales page live. Just enter some information about your service, pricing, and portfolio samples… then you’re up and running.
- Fiverr also has a lot of traffic. This can make it easier for beginners to start seeing their first sales online.
- Fiverr also offers practically everything you need to handle your business. You can create different priced packages, offer upsells, earn tips, and you can communicate with past clients for future projects.
- Also, Fiverr visitors buy from a large range of categories. So it’s likely that you may have a product or service to fulfill that demand.
- Because Fiverr is so beginner-friendly, there’s also a lot of competition. The main categories have, literally, thousands of other sellers. You’ll need to differentiate your service to succeed.
- Also, Fiverr started as a place to have anything done for $5. So you’re not likely to charge high-end fees here. You’ll have to rely on scale and servicing a large number of customers.
- Another thing to note is that Fiverr is open to international sellers. So you’ll be competing with sellers that can charge much less because they live in third world countries and have lower costs of living. (This could be a pro if you’re a native English speaker and have better communication skills. Some clients will pay more for better communication.)
- Lastly, if you do succeed, chances are, you’ll be trading your time for money. If your goal is just a side hustle, this could be troublesome as orders will have fixed deadlines. Eventually, you’ll have to hire out some help in the future to scale and detach yourself from time.
- For beginners, I’d be comfortable recommending Fiverr. However, there are some slight advantages with Digital Flipping.
- First, with Digital Flipping, clients are used to paying much, much more than $5. In my course, I share which deal types are in the $250 – $500 range per deal. Now, which would you rather do to make $500: Make 100 sales on Fiverr for $5… or close 1 deal for $500 with Digital Flipping? I think the bigger deal sizes with Digital Flipping make it easier for a beginner to make a nice side hustle income, with less time.
- Not only that, with Digital Flipping, once you close a deal you won’t have to do the work. Think of yourself as an agency with a team of experts. If you close a deal to create a website for $500, you then outsource the work to an expert for far less. Where do you find these experts for cheap? Take a wild guess… Fiverr. So with Digital Flipping, our success and time isn’t reliant on fulfilling orders.
- Also, with Digital Flipping, there’s virtually no risk either. You won’t need any upfront investment. In fact, you only spend money once you close a deal and the profits are secured in escrow. This amount would depend on how much you’re able to find a Fiverr seller to do the job. This typically ranges in the $50 or less range. But, of course, this varies on the deal.
- Another advantage is there’s far less competition with Digital Flipping. We go straight to buyers and each deal, typically, has around 5-20 people you’ll be competing with (not thousands). And, I share with you a proposal script which allows you to crush the competition.
- Now, with Digital Flipping, I also share an international marketplace. But, as I mentioned earlier in the CONS section of Fiverr, this can actually be a good thing. I’ve found that clients will not settle for cheaper service providers just on price alone. If you truly show you understand them, can prove it, and can communicate well… then the client will be more willing to pay for higher priced options.
- In closing, Fiverr is a great way for beginners to start out. But Digital Flipping does have some slight advantages. You can check out the free course previews of my course to see which path you want to pursue.
You can spend your spare time freelancing on sites like Upwork (previously oDesk and Elance), Freelancer, and Guru to earn a side hustle income.
- You can work anywhere as long as you have a Wi-Fi connection. Online, remote work is the standard on these platforms so your location isn’t usually a restriction.
- On Upwork alone, there’s around 130,000 jobs available every single day. There’s a lot of opportunity on these platforms and it only looks to be growing. In fact, the first iteration of Upwork (Elance) has been around since 1999.
- Most platforms have a fixed-rate or hourly contract. And your payments are usually guaranteed through escrow and mediation services. Not getting paid for completed work is far less likely on these platforms.
- Also, there’s room for long-term contracts and bonuses. While some jobs are one-time projects there are companies out there looking for a steady stream of work.
- You can earn in a stronger currency (and better rate) than your local country. For example, Filipinos tend to be hired by Australian companies due to similar timezones. This gives Filipinos an option to earn in AUD or USD instead of PHP.
- For free users of Upwork, currently, you only have 60 connects each month. This means you can only submit proposals to 30 jobs each month (each job requires 2 connects). So you’ll need to learn how to write compelling proposals in order to close deals and land a job.
- Now, it’s also possible that a client doesn’t hire anybody. Some clients don’t make some projects a priority. Chances are, you could be applying to jobs that use up your limited connects. So you’ll also need to know how to identify which clients are worth working with.
- Also, these sites take a fee for handling each transaction. While they are providing a great, secure service these fees may be considered steep. On Upwork, your first $500 earned with a client will have a fee of 20%. In this case, you’d only earn $400. Anything more than $500 will only have a 10% fee. So be sure to keep that in mind.
- Freelancing can be a great option, however, you’re still trading your time for money. Or if you’re doing a fixed-rate job, you’re still doing the work. A scalable business isn’t really viable with freelancing. After all, it’s like having a second job, but with a little more freedom.
- Upwork has a screening process for anyone that opens up a new freelancer account. Most people will get rejected. You’ll have to have skills that are in demand and low in supply in order to be accepted.
- With Digital Flipping, I actually show you how to leverage Upwork but from the position similar to an agency. This means we won’t actually do the work. For example, if a client wants a website done for $500 we’ll outsource the work to an expert web developer for $100 and profit the difference. This allows more time freedom and a more scalable side hustle.
- With Digital Flipping, I show you how to get your account approved even if you’ve been rejected. Plus, how to identify the most lucrative deals and clients (while also showing you what to avoid). And word-for-word what to write to close a deal.
- Digital Flipping has the advantage here because we don’t actually do the work. This allows us to break into any job category because we’re not relying on our skills alone. So we’re able to apply to jobs in the most lucrative categories. Details are in my Digital Flipping course.
You can monetize traffic by placing Google AdSense banners on your website. These banner ads are from advertisers that are paying to run their ads on the Google Display Network. Think of it as selling ad space to other businesses.
- Joining the Google AdSense program is completely free.
- Setup is easy. You don’t need to design high-converting banner ads. Just copy the banner ad code and paste it onto your website. Also, many ad plugins are available on platforms, like WordPress, to make this easier.
- Earn per banner click. It’s easier for a beginner because you earn money every time someone clicks on your ad. The visitor does not even need to buy.
- Google tracks users everywhere. As an advertiser, this is good because Google knows the interests of the user. Advertisers can also retarget users across the web to complete purchases. This advanced targeting helps you earn more.
- High-converting ads. Google Display Network advertisers are usually high volume advertisers. So they’re constantly testing and optimizing their display banners to convert. So it’s likely you’ll get more clicks and earn more.
- Rules for joining. Google AdSense may be free, but there are quality controls before you can join. A big rule is that your website needs to contain unique content and be active for at least 6 months.
- Low commissions. Because you earn per click (not per sale) your commissions are much lower. Usually, just pennies per click.
- Unpredictable income. Your income is going to rely on your traffic, your ad placements, your click-thru rates (CTR), and Google’s pay per click rates.
- Slower process. Most beginners don’t have an ad budget. So traffic will rely on the free, slow strategy of blogging and SEO.
- Content creation skills needed. If you don’t consider yourself a content creator then this is not the ideal way for you to make money. Or you’ll have to pay to outsource this part of the business.
- Less control. You’re not in 100% control of which ads appear on your site. Advertisers may choose to advertisers on your site or not. An ad that was earning you money could be gone tomorrow. And you cannot choose specific brands and offers you want to appear.
- Ad blockers. Most online users find ad banners annoying. And it’s likely a decent percentage of your visitors are using some ad blocking software. So your banners are not likely to reach your entire audience base.
- Google can ban or suspend your account if the content you post goes against their terms of service. And getting a hold of support can be a headache. To avoid this, be sure to read their Terms of Service and make sure you website follows the rules. NOTE: Do not try to game the system by clicking your own ads or inviting your friends to click your ads. That’ll result in insta-ban.
- Google AdSense is a solid way to monetize your traffic. But, the 6 month rule and the time needed to build an audience may not be ideal for beginners. This is where Digital Flipping has an advantage.
- Much faster. With Digital Flipping, you don’t need to spend time to build an audience. You go straight to buyers that already have their money ready. So it’s possible to flip a deal and profit in your first week.
- No account requirements. With Digital Flipping, you can create a new account and have it approved within 24 hours. I cover this (and how to get approved even if rejected) in detail in my Digital Flipping course.
- Earnings are much higher. With Digital Flipping, I only flip deals that are worth at least $100 in profit. And this is just from one deal. With AdSense, you’ll have to get thousands of ad clicks to earn $100.
- No content creation. With Digital Flipping, you’re flipping deals so you don’t actually do the work. If someone wants to pay $500 for web design, we’ll outsource that work to someone for less and profit the difference.
- More predictable income. With Digital Flipping, there’s more transparency. You see all the buyer’s budgets upfront. And earnings are secured in escrow.
- In closing, Digital Flipping is the more beginner-friendly way to start earning an income online. I could only recommend Google AdSense if you have the 6 months or more to build an audience.
A couple of students have noticed I don’t use my real name or photo in my online profiles.
I do this for a few reasons:
- Search Engine Optimization Purposes
- I prefer my substance and message stands out more than image
- Separate businesses from personal life
Search Engine Optimization
My name is fairly common.
So if a student were to refer me to someone else, then chances are they would not find my courses or website if they were to Google me.
That’s why I use a unique name, such as Paulo Perdu. If you Google that name you’ll see my courses and website right away.
Secondly, I have zero desire to be internet famous.
I’d prefer that my message stands out more than my image.
I don’t share what I’ve learned to be an “authority” figure or to be idolized.
Instead, I’d prefer you get inspired, and see YOURSELF making breakthroughs than for you to look up to me.
I’m just here to blow your mind and help you make your own breakthroughs.
Lastly, I want to separate my personal life from business.
I believe that’s probably why most authors tend to use pen names–to separate personas in different niches they operate in, and to keep their personal lives separate.
When I’m offline, I want to be 100% offline.
I don’t want notification popups. I don’t want to talk about campaigns. I don’t want to be handling Q&A. I don’t want to talk business.
In fact, I’d prefer that when I’m out and about that no one knows I’m an entrepreneur, what I do, how much I make, etc.
Instead, I want to enjoy and be in the moment during whatever activity, hobby, or gathering I’m involved in.
If you’re against any of these reasons that’s fine. I suggest you don’t buy my courses, don’t read my articles, and probably find someone else you align with more to follow. 🙂
But, if these reasons make sense to you then by all means continue listening to these messages and practice them in your life.
Clickbank is an affiliate network that specializes in digital products (think eBooks, software, video courses). And one way to earn a side income is to monetize your traffic by promoting digital products, as an affiliate, from the Clickbank Marketplace.
It’s free to join. Plus, you won’t have to go through an approval process like many other affiliate networks.
Their affiliate cookies last for 60 days. So if a visitor clicks your link and doesn’t decide to buy until day 60 you’ll still be credited for the sale. Compare that to Amazon’s affiliate cookie, which only lasts 24 hours.
High commissions. Typically, most Clickbank vendors offer 50% or more in commissions. Some even as high as 75%. Because Clickbank specializes in digital products, vendors can offer much higher commissions than other affiliate networks. Again, Amazon’s commissions are in the 4% or less range.
Clickbank also offers a large selection of products that provide commissions on upsells, downsells, and recurring billings. This helps to increase your earnings per click and overall income.
You can easily browse through products to see the product’s average earning per sale, which are being sold successfully by other affiliates, etc.
Tons of products. There are so many product categories that it’s likely there’s a relevant product in your niche to promote to your audience.
Clickbank has been around since 1998. And they have a solid reputation for paying affiliates and for paying on time. After you hit the initial threshold, you can set up weekly payouts.
Tons of competition. Clickbank has been around for 20+ years. Nearly every beginning affiliate has heard of it. And because there’s no approval process practically everyone can join.
And if you decide to promote a Clickbank product it’s likely there are hundreds of other affiliates promoting it, too. Look, there are literally thousands (if not, millions) of products to promote. All you need to do is join the affiliate network that offers that product. Clickbank is just one affiliate network. My advice: Find the group of people you want to serve first, then find the perfect product to solve their problems (it may not even be on Clickbank). If it is, you have an advantage because you understand the audience more deeply.
Money-focused metrics. Let me explain. Most newbie affiliates will see the high earnings per sale, the high gravity, and all the recurring billing commissions offered for each product. The problem with this is they become focused on the potential money they can earn. But this approach actually repels them from earning money. Why? Because they’re not focused on the problems they’re solving and whether or not that problem will actually solve it. Again, see my advice in the previous bullet.
I don’t have anything much else to say. Clickbank is a solid, reputable affiliate network. Heck, I even made my first sale online as an affiliate promoting one of their health offers. The only downside I see is that most beginners will see Clickbank as the end-all solution to their money problems. Instead, they should be focusing on the fundamentals. And remember, Clickbank is just one affiliate network that you can use to provide a solution that helps your audience.
VS Digital Flipping
I believe promoting digital products from Clickbank is much harder than Digital Flipping. With Clickbank, you’re still going to have to invest a lot of time to build an audience. Or you may have to invest money upfront to pay for ads. I don’t think this makes it beginner-friendly. With Digital Flipping, you don’t have to invest a lot of time to build an audience. You simply go straight to the buyer who will tell you exactly how much he will pay you. Plus, you don’t have to pay any money upfront to advertise. There’s no upfront costs. This makes it easier for a beginner to earn a side hustle income online.
Secondly, I think it’s harder for a beginner to sell an informational product vs. a tangible product. Now, with Digital Flipping, you’re not selling a physical product, either. However, it’s more “tangible” in the sense that it’s a service or easily measured. For example, with Digital Flipping, you may find a buyer that wants a logo done for $100. Even though it’s still a digital product it’s much more “tangible” and measurable. But with Clickbank, if you have an audience that wants to lose fat you’d be trying to sell them an eBook about it. This can make it harder especially if that audience is used to buying supplements or you don’t have the skills to communicate this value (more on this in a bit).
Now, I like both approaches because they don’t involve product creation. With Clickbank, you’re simply promoting someone else’s offer. And with Digital Flipping, you’re outsourcing the work to someone else. This makes both approaches beginner-friendly.
But, information products can be harder to demonstrate their value and sell. For example, with Digital Flipping, you can easily show off past logos your outsourcer has created. But can you show off an eBook from Clickbank to get someone else to buy? Again, for a beginner, it’s harder. In order to sell information products, beginners will need to develop more skills like direct response marketing, copywriting, and traffic generation. This takes time and experience (money) to develop.
In closing, I’m all for promoting affiliate products from Clickbank. However, I don’t think it’s the most beginner-friendly option to start with. I recommend starting with something less time-consuming and low-risk, like Digital Flipping. Then, once you build up your funds and experience, you should definitely branch out into affiliate marketing. In fact, I’ll be creating more courses that involve more advanced strategies like driving traffic to affiliate offers. But remember, before you can make $1,000 per day you must learn how to make $1,000 per month. And Digital Flipping is one great way to start.
- Reputable. MTurk is an Amazon company. This is not a scam site. It’s likely the jobs you do are legitimate and you’re going to get paid.
- No previous experience needed. The work on MTurk doesn’t require much experience or a diverse skill set. Most jobs are straightforward and simple to do.
- Low payouts. The payouts are extremely low. Usually, each task is worth a few cents. Yes, less than a dollar.
- Time consuming. You will be trading your time to earn money with MTurk. And the money you make per hour will probably far less than getting a minimum-wage job. The people that actually make decent money with MTurk are doing this full-time.
VS DIGITAL FLIPPING
- I can see why beginners may find MTurk appealing. After all, it is online, remote work that doesn’t require much experience. Plus, it’s by Amazon so it’s reputable. But, the payouts are very low. In this case, Digital Flipping has similar PROS but with much higher potential.
- Reputable. Digital Flipping is also a reputable way to earn money. After all, you’ll be using the Upwork marketplace. Upwork is the merge of Elance and oDesk. Elance has been around since 1999. Plus, all your earnings are guaranteed in escrow.
- No previous experience needed. The Upwork marketplace is a place where companies can outsource work to freelancers. Now, with Digital Flipping, we don’t actually do the work. We’re the middleman. I show you how to close deals and outsource the work to someone else for cheaper. This means we don’t actually need any previous experience or education.
- Higher payouts. The jobs you’ll find on Upwork have budgets of around $100 and higher. In some niches, $500 – $1,000 per deal is the norm. Plus, there’s an average of 130,000 jobs available every day. With Digital Flipping, you have a much higher earning potential.
- Less time. Digital Flipping doesn’t require a full time commitment. After all, you’re not actually doing the work. Your job is to simply find buyers and then outsource the work. To earn $500 to $1,000 per month doesn’t require a big time commitment like MTurk does.
Someone posted this In the Liberty Dojo Facebook group:
If you’ve been carefully reading the “Create Your Dream Life” guides then you probably already know my response to this.
I find this saddening.
This guy literally just posted an image of a THEORETICAL CALCULATOR of what seems to be an MLM business.
First of all, this calculator proves nothing. This is nothing like the $20,000 Facebook Ad Campaign case study I’ve shown you guys.
The Good In This
Now, this calculator does show the POSSIBILITIES of if you offer something at scale.
Similar to the fundamentals I teach you in Digital Flipping and the Facebook course.
The Bad In This
The only thing I find saddening is that most people NEGLECT the reality of the work required.
They ignore whether it taps into their talents, and whether they’re providing actual value. Instead, the greed glands take over.
Remember, in order to succeed and sell something at scale:
- You have to truly understand people’s problems and desires
- You have to truly provide a product or service that solves this problem and desire
- You have to know how to reach people at scale
- And you have to continually fine-tune your understanding of others, your product/service, and your campaign
Is it easy? NO.
Here Was My Original Response To This
Y’all greed glands are salivating at a calculator simulation? Really? SMH. Have I taught you guys nothing?
You guys follow the money, but that doesn’t make money. Knowing what people want, and giving it to them at scale makes big money.
Have you guys not seen my $20k ad campaign case study? Cmon guys.
You guys want the big payday, but don’t want to focus on fundamentals. Good luck
I’m going to leave this post up.
For those that hop on this scammers bandwagon feel free.
Just let me know so I can also remove you from this group. Clearly the things I’m trying to kick in your ear are nothing you want to hear.
Good luck chasing the dream of big, easy riches.
Another thing: It’s highly likely I make more than this theoretical calculator guy.
Most of you have seen proof of my ad campaigns.
Yet where are the questions? I’m here.
When I tell you guys the reality of the hard work required it seems most people just disappear…
You guys want EXTREME results, yet where is the EXTREME sacrifice, hard work, empowering beliefs, action, daily routines, daily failure and learning?
Again, I don’t tell you guys how easy it is… why? because it isn’t!
The majority are looking for the easy riches. And that’s why the majority isn’t rich.
But there are a few of you in here that have the extreme mindset and intestinal fortitude that will eventually succeed. I can only hope my messages reach those of you. Are you one of damn few?
If you write about a topic you can then attract an audience and earn an income via advertisements (Google Adsense), affiliate offers, your own offers, etc.
- Setup is very easy. Even if you’re not tech-savy there are very simple ways to start a blog (i.e. WordPress, Tumblr, Blogger).
- You can blog about practically any topic you’re interested in (granted, there’s demand).
- Your content will be archived in an organized manner. For example, if you have Facebook followers, it isn’t easy for them to view past content. In fact, Facebook limits the reach of your messages. But with a blog, all your past posts are archived in an organized way. So your content can live on and continue to entertain, educate, and persuade.
- Because this is online your schedule and location is very flexible. And, your scale potential to reach thousands, or even millions of people is possible (depending on your niche).
- There’s a lot of competition. Setup is very easy; and it’s very easy for competitors to start blogs as well. In order to stand out you’ll need to identify what problem your blog solves, and why your blog is different.
- Also, a blog requires regular updates. Just like any other business, blogging is a process. You can’t expect to publish two mediocre blog posts and have money pour in.
- This is a much slower way to earn an income. Like most “methods”, blogging is just a means of getting traffic. In this case, blogging relies mostly on SEO (search engine optimization). Meaning, Google will begin to index and rank your blog for certain keywords. But this takes a lot of time and a lot of regular updates.
- My suggestion: Start with an offer that solves a problem and converts first. Then use blogging as an additional source of traffic.
- With Digital Flipping there’s much less competition. You won’t be competing with thousands of other bloggers in your niche. Instead, you’d only compete with around 5-20 people for each deal. And, in my course I show you how to completely dominate the competition.
- Also, with Digital Flipping there’s less of a time commitment. While a regular process is ideal, Digital Flipping can be done in your spare time. Your success with Digital Flipping doesn’t rely on your regular blog updates. Your success will depend on identifying the best buyers. And there’s less time involved because we outsource the work.
- Digital Flipping is also much, much faster. Because we go straight to the buyers instead of waiting to build an audience with a blog. In fact, once you close a deal you can expect to get paid out within 5 days. Of course, I share exactly where to find the buyers, my script for closing deals, and where to find outsourcers. You can check out the free previews of my course to see exactly how digital flipping works.
- For a beginner, I believe Digital Flipping is one of the most effective ways to start earning online and build up experience. From there, you can graduate to more advanced methods that may require more time and money. Ideally, when you’re ready for that I’d share methods along those terms with you.
Buy items at a discount from places like Craigslist or SlickDeals and sell them for higher on eBay.
- This can be relatively quick money for a beginner
- No past experience, education, certification, or additional skills needed.
- Your income will be reliant on finding the best deals in order to flip deals at the highest margins. This could be mean relying on seasonal deals and lead to a very unpredictable side income.
- You may need a sizable upfront investment in order to be able to purchase discounted deals in bulk. This also means you may require some additional funds for gas to drive out to the areas to buy the discounted deals.
- Buying inventory upfront with no guarantee of buyers could make you vulnerable to a sizable loss.
- You’ll also need some additional time to fulfill orders: pack items, label them, ship them.
- Digital Flipping the next evolution of eBay Flipping. It’s similar because it can lead to relatively quick money for a beginner. Once you close and flip a deal, you can expect to receive your earnings within 5 days.
- Also, Digital Flipping doesn’t require any past experience, education, certifications, or additional skills. We’re also flipping deals, but digitally.
- Digital Flipping wins in terms of efficiency because everything is done online. You don’t need to drive out to buy deals; we’re flipping digital goods and services. And no need to pack, label, or ship items.
- Also, with Digital Flipping, we’re not relying on finding the best discounts. We’re flipping digital products and services that are always in demand. Think of things like logos, graphic design, etc. Those are the types of digital goods and services we are flipping. Therefore, additional income is more predictable.
- Another big advantage with Digital Flipping is that there’s practically no risk. You don’t need to buy anything upfront. Once you close a deal, the profits are secured and guaranteed through escrow, so you’re not going to get screwed over with scammers on eBay or buying a large inventory upfront. Once profits are in escrow, then and only then, would you buy and outsource the service you’d flip.
Businesses are in need of articles. Articles help educate, build trust, and can lead to more customers.
Plus, articles can provide search engine optimized (SEO) content. This helps websites rank higher in Google search results. This means more traffic and more customers.
By writing articles for other businesses you can get paid per article or per word.
- Many niches. You can find businesses in niches you already follow. So it’d be easier to write content in those niches.
- Many projects. Some clients need content for other areas besides articles. There’s work for white papers, lead magnets, eBooks, product descriptions and more. Plus, some clients may need new work each week.
- Technology. Voice to text software can speed up your process. And there’s plenty of spelling, grammar, and styling software.
- Trading your time. You are the labor. You’re trading your time for money. So there isn’t much room to scale this because this is like having a job.
- Finding clients. Finding clients can be simple. There are freelancer websites, like Upwork, that bring both parties together. But, finding the time to find clients and write can be a juggling act.
- High competition. There are thousands of freelance writers available. And some businesses pay small fees per article. In fact, it’s common to pay $5 for a 500 word article. If you go this route, you’ll have to show off why you’re unique.
- Learning curve. Article and SEO content writing is not the same as writing essays in high school. Study up on writing informative, search engine optimized content that
VS DIGITAL FLIPPING
- If you’re a beginner, Digital Flipping may be a better option than article writing. Here are some reasons why.
- No time trade. With Digital Flipping, you are not trading your time. You are the middleman. For example, we find a buyer that wants an article written for $100. Then we outsource the work to someone else for $20. You then profit $80 without doing the work. That’s Digital Flipping.
- Lots of opportunity. With Digital Flipping, there’s an average of 130,000 available to flip every day. You can focus on whichever niches are you enjoy, are in demand, or high-paying. Finding clients is easier and you’ll have the time to do so.
- Less competition. Usually, each deal has around 5 to 20 other competitors bidding for the project. At most, 50. This is far less than the thousands of competitors you’ll find on other marketplaces. And the good news is most of your competitors are not salesman. So they aren’t good at selling themselves. In my Digital Flipping course, I share word-for-word how to stand out and close deals.
- Minimal learning curve. Again, we’re outsourcing the work. So we don’t need to have the skill sets or experience to actually do the work. Our job is to find lucrative deals and choose the best outsourcer for the job.
- If you’re a beginner, article writing may be difficult to start off with. Digital Flipping provides a simpler, low risk, and minimal time commitment opportunity.