How To Make Money Teaching Online

Author: Eric Frick
Editor:
ISBN: 9781733009492
File Size: 57,94 MB
Format: PDF, ePub, Mobi
Read: 3202
Download

Teaching online can be a fun and profitable business. You can start part-time to generate some extra income and grow it to become a full-time business if you like. Some of the top earners in this field have been very successful, and the demand for online content is continually growing. Welcome to how to make money teaching online. In this book, I will show you all of the details that you need to know to get started with teaching online. I will describe to you all of the tools and equipment that you will need to get started. I have also included some of the processes that I've used in producing online classes for the last four years. I currently work as a full-time course author and have learned many different things about teaching online. I want to share those with you so that you can avoid some of the same mistakes that I made. In this book, I will describe some of the basic marketing techniques you can use to grow your business. In addition, I will show you some of the tools and tips that I have learned over the last few years that will help you in your course production process. Also, I will describe the necessary equipment you will need to get started. I have also included some teaching tips that have helped me start my own online teaching business. Along with the process of producing your online class, I have included some information on some of the most popular places to teach online and how to market your materials on multiple channels. I have been able to grow my business significantly over the last four years and have delivered courses to over 15,000 students on Udemy, Skillshare, and YouTube. I will show you some of the methods I have used to help make my online business successful and how you can be too. I have really enjoyed putting this book together, and I hope that it gives you a great start on your online teaching career!

Make Money Teaching Online

Author: Danielle Babb, PhD
Editor: John Wiley & Sons
ISBN: 1118039130
File Size: 22,49 MB
Format: PDF, Kindle
Read: 6892
Download


How To Make Money Teaching Online With Your Camcorder And Pc

Author: Anne Hart
Editor: iUniverse
ISBN: 0595221238
File Size: 73,17 MB
Format: PDF, Kindle
Read: 7100
Download

What Can You Teach Online from Home Using Your Camcorder, Personal Computer and the Internet? Did you know that you can teach almost any subject online, on the Web at Blackboard.com, (http://www.blackboard.com) for a university, community college, continuing education department, or in adult education, or for yourself as an independent contractor in your own personal broadcasting network? Blackboard is where I teach. Founded to transform the Internet into a powerful environment for teaching and learning, Blackboard traces its technology roots to Cornell University. Today, thousands of institutions in 140 countries deliver e-Education services through Blackboard's suite of enterprise systems. If you put up a course at Blackboard.com on the Web or for any similar type of teaching area on the Web, you can teach online independently without anyone hiring you as a teacher. You are an independent consultant, a trainer, an independent contractor, or you can start your own school or one course online and teach. This book is about using your personal computer and your camcorder linked together to teach online from your home any subject you are able to teach, have expertise in, or enjoy researching. This can be a hobby, what you have studied and are credentialed or licensed, or any how-to subject. You can teach writing, using a camcorder, public speaking, or any technology that you have worked with and have expert knowledge of in a home-based online office.

Make Money Teaching Online Courses

Author: Andrew P C
Editor: Independently Published
ISBN: 9781071003923
File Size: 41,95 MB
Format: PDF, ePub, Docs
Read: 465
Download

Want to sell your expertise and skills? Well, now you can!In today's world, teaching online courses is a great way to build passive income. In fact, online learning is the education of the future!Over the past five years, the online teaching market has exploded into a billion dollar industry. And you (and your bank account) can ride this MASSIVE wave. I have been selling online courses for the past three years and they have created an incredible passive income stream that has supported my lifestyle. And guess what? They can do the same for you. Learn the A to Z of creating your first online course from scratch and start making money:1. How to pick profitable online course niches: Understand how to perform market research and select course topics that will have students banging on your door to hand you money. In fact, I'll even share 10 highly profitable course ideas that you can start right away. 2. Designing and creating your courseLearn about the technical aspects of creating your first online course. I'll walk you through everything you need to know from which tools to use to how to record and edit your content. 3. Where to sell your coursesLearn about all the best websites to sell your online course on. There are dozens and dozens of online course marketplaces these days. I'll tell you which ones are the best ones to use in order to make your wallet bigger. 4. How to build an audience and market your courseDon't have an audience yet? Don't worry! I'll teach you how to build a rabid fan base who will beg to pay for your content. Plus, I'll share super top secret marketing strategies to make sure your online course sales will rocket. The world is changing fast. Education is changing in ways unimaginable. And there is a HUGE demand for online courses.Start selling your skills today and build your passive income empire!

A Comprehensive Guide On Money Making Methods

Author: Dale Carnegie
Editor: Lulu Press, Inc
ISBN: 0359524184
File Size: 10,85 MB
Format: PDF
Read: 6971
Download

With technology so advanced and everything available with a click of your mouse, you can even make money online from your home, with little or no investment and with a basic working knowledge of the computer. This comprehensive guide will provide you with great methods to make money. Sheba Blake Publishing is here to help make difficult topics easy to understand. We help everyone be more knowledgeable and confident. Whether it’s learning about complex business topics, spirituality or building your self-esteem; people who rely on us, rely on the information we provide to learn the critical skills and relevant information necessary for success. So, join us on our journey of self-improvement!

Udemy Profits

Author: John Hawkins
Editor: Scribl
ISBN: 1633482804
File Size: 12,20 MB
Format: PDF, Docs
Read: 7139
Download

Top Reasons to Become a Udemy Teacher Launching a Course If you want to submit a course on Udemy, you may want to follow the steps below. We will talk about each step in detail so you can get started without any problem. Sign up First of all, you may want to go to the home page of Udemy and sign up for an account, which will cost you nothing. As soon as you have signed up, you can acc...

Udemy For Recurring Income

Author: Alex Damale
Editor:
ISBN:
File Size: 19,56 MB
Format: PDF
Read: 324
Download

Are you ready for a new wonderful career opportunity with Udemy? Online Teaching market, these days, has become a wonderful career opportunity for all qualified people who are unable to go for full time jobs! In 2020, the pandemic led to massive growth in online education. That is why 2020 is the biggest year for online education. You've experienced things in life, you've learned things in life, you've got skills, you've got talents, you've got interests and passions. Even if you're not really good at something, but you're still interested and passionate about a particular topic, "you can turn passion that into an online course and make money every month!" With this Guide you will be able To Turn What You Know Into a Profitable Online Course! You will learn: ✓ Why online Courses are the best career opportunity nowadays ✓ How Udemy could be you best "cash-cow" platform ✓ How to make money every month with Udemy in five Steps ✓ The importance of Customer Support in your online courses ✓ How to take advantages of Udemy's marketing insights ✓ Which are best promoting strategies to start selling your courses Stop wasting time! Take advantage of this new opportunity NOW. Scroll up and click the "Buy Now" Button.

How To Make Money Organizing Information

Author: Anne Hart
Editor: iUniverse
ISBN: 1532000588
File Size: 19,72 MB
Format: PDF, ePub
Read: 2937
Download

How to Make Money Organizing Information is about preparing, packaging, writing, creating, developing, producing, designing, locating, navigating, selling, and marketing information. It's also about writing scripts, producing videos with your camcorder, and using your personal computer hooked to your camcorder with a cable to transfer information or videos, sound, or other content to your computer. This book gives you practical information about working online at home with flexible hourseither part or full time. How to Make Money Organizing Information is for all ages and all situations. It doesn't matter whether you're home-based, have a disability, are over age 60 or a young student who wants to work part time, or need a full-time business to support yourself and your family. More than 26 businesses described can be operated using either a computer or camcorder or both linked together to transfer text, graphics, or sound at the same or different times. The guidebook is about how to start on a tight budget and operate many low-capital businesses dealing with the creation, development, and dissemination of information of all kinds for a variety of businesses and purposes. Part Two of the book is about writing for the new media/digital media and how to sell or launch your freelance writing in the media before it is published. The chapters focus on how to create, promote, and sell your information and how to research your intended markets. You can start many types of businesses at home part time from gift baskets to making dolls for medical offices, but these business-based homes work with information online and on disk, in print, and sent through e-mail attachments. Check out the associations and training programs information in the appendices.

Teaching Online

Author: William August Draves
Editor: Lern Books
ISBN:
File Size: 49,40 MB
Format: PDF, Kindle
Read: 7504
Download


Writer S Market Online

Author: Kirsten Holm
Editor:
ISBN: 9781582970493
File Size: 75,75 MB
Format: PDF, ePub, Docs
Read: 3729
Download

Describes thousands of markets for writers, covering magazines, publishers, syndicates, and contests; with information on submission requirements, pay scale, and freelance work, and listings of editors and agents.

How To Make Money Online

Author: Fernando Raymond
Editor: ClickDo
ISBN:
File Size: 76,49 MB
Format: PDF, ePub
Read: 472
Download

At ClickDo Ltd., a digital marketing & SEO agency in London, the authors do what they love every single day and with this book they want to provide you with information and inspiration to earn a living in the online world. Fernando Raymond, the CEO of ClickDo Ltd., and Manuela Willbold, blogger & senior content writer/strategist at ClickDo Ltd., have created this guide with a mission to equip people with the knowledge and tips to start generating an income in an ever growing internet marketplace, offering endless work options online for anyone with any talent and skill. With the creative support and vision of ClickDo senior web designer Kasun Sameera, this book has come to life. “What’s the worst that could happen? I encourage you to remember this often-neglected question as you begin to see the infinite possibilities outside of your current comfort zone”. – Tim Ferriss (The 4-Hour Work Week). No matter where you stand at the moment you’re reading this book, it is written in a way that you can start IMMEDIATELY to earn an income from online work. Most online jobs covered in chapter 2 can be executed by anyone as they’re easy and require very little expertise and skill. Many people are not aware how simple it is to begin with making money online and it is the author’s mission with this guide and everything else they blog and write about to spread the word. In chapter 3 they delve into more complex and advanced ways to make a living online. Fernando took this path as he identified his passion for SEO and digital marketing and set up his own online business, ClickDo Ltd., with only a few clients in the early days. Kasun joined him and together they went on the journey of building many more online businesses like web hosting company SeekaHost. Manuela felt an emerging passion for writing while working as a teacher and found ClickDo while searching for WordPress Training to start her own blog. Now, she writes content and manages various ClickDo blogs. If they can do it, so can you! If that isn’t convincing you right now to get online and start earning from the comfort of your own home or your hotel, then what else can? Hopefully, this extensive make money online guide can help you visualise your future work life and encourage you to get started as soon as you’re ready for the transition. It provides online money generating ideas for many different talents, skill sets, characters and personalities, so that you can see yourself in one or more of them and turn it into your very own dream career. The digital marketing experts have added tips, resources, and links for: *The best online jobs and freelancer platforms *Internet marketing, SEO, Blogging tips *Learning how to build and grow a website or blog *Understanding how to create enchanting and converting content *Finding out how to market and advertise your blog or website *Estimations of what you can expect to earn

The Writer S Market

Author: ERS.
Editor:
ISBN: 9781582970448
File Size: 59,63 MB
Format: PDF, Mobi
Read: 179
Download

Describes thousands of markets for writers, covering magazines, publishers, syndicates, and contests; with information on submission requirements, pay scale, and freelance work, and listings of editors and agents.

Creating Courses Online

Author: Selena Watts
Editor: Wryting Ltd
ISBN: 1913871312
File Size: 75,41 MB
Format: PDF, Docs
Read: 8230
Download

Discover How to Create Highly Profitable Online Courses in Just 6 Easy Steps. Do you have a skill or certain knowledge that you'd like to share with the world and make a great profit out of it? In the past few years, and especially during and after the Coronavirus pandemic, the E-learning market has taken over the Internet. Experts predict that by 2025, this particular market will be worth over $300 billion, and unless the Internet ceases to exist, it will only continue to grow. Unlike other online businesses, you don't need to possess a certain set of skills to jump on this wagon--you just need one. It can be literally anything, from drawing or sewing to SEO optimization and marketing. You can earn money online by simply knowing how to speak your language because chances are that someone, somewhere in the world, wants to learn it. And that's the beauty of online teaching--your audience is the whole world. No matter which skill you have, there are people who want you to share it with them. And they are willing to pay you good money for it. But beware: the fact that there's a buyer for whatever you want to sell means there's almost certainly someone who's already selling it. That's the thing with online teaching--it's profitable, but competitive. Easy, but crowded. That's why you need to arm yourself with the proper knowledge on how to choose, create, and market the absolute best online course. It's not enough to simply be an expert on a specific subject. In the jungle of online courses, you need to know how to fight for survival. In Creating Online Courses, you'll discover: 6 incredibly simple steps for creating a killer online course from scratch Bulletproof marketing strategies that work like a charm and will crush your competition Tactics for choosing the most profitable niche and topics for building your online course, even if you don't have a clear idea of which direction you want to go in The best E-learning platforms to choose from based on your personal preferences and niche How to use social media to promote your course and have it stand out in the market within just a few weeks after launch Straightforward guidance on how best to organize the content of your course to help you attract a broad audience Pricing strategies that will enable you to work less for more money (Hello, vacation!) Common beginner's mistakes to avoid, allowing you to streamline the process and get ever-closer to achieving your online business goals And much more. Even if you've never considered creating and teaching an online course, but the idea now piques your interest, this simplified instruction manual will eliminate any guesswork throughout the way. For those of you who have already tried their luck on the market yet failed to see the results you had hoped, you'll be able to figure out exactly what you've been doing wrong all along... If you want to discover how you can create an online course so good that you wish youcould be the student, then scroll up and click the "Add to Cart" button right now.

Coaching Teaching Career

Author: Alex Damale
Editor:
ISBN:
File Size: 31,70 MB
Format: PDF, ePub, Docs
Read: 9894
Download

Are you ready for a new wonderful career opportunity? Teaching Online and Coaching Business, these days, become a wonderful career opportunity for all qualified people who are unable to go for full time jobs In 2020, the pandemic led to massive growth in online education. That is why 2020 is the biggest year for online education. You've experienced things in life, you've learned things in life, you've got skills, you've got talents, you've got interests and passions. Even if you're not really good at something, but you're still interested and passionate about a particular topic, you can turn that passion into a new Teaching and Coaching Online Career In this bundle you can find three books in one Udemy for Recurring Income and a complete Guide to launch your first online course and your first Coaching Business. -Book 1: UDEMY FOR RECURRING INCOME. With this complete guide you will learn: ✓ Why online Courses are the best career opportunity nowadays, ✓ How Udemy could be you best "cash-cow" platform, ✓ How to make money every month with Udemy in five Steps, ✓ The importance of Customer Support in your online courses, ✓ How to take advantages of Udemy's marketing insights, ✓ Which are best promoting strategies to start selling your courses. -Book 2: LAUNCH YOUR ONLINE COURSE. With this complete guide you will learn: ✓ The benefits of launching an online course ✓ Key steps to create and launch your online course ✓ How to create a customer avatar to identify and get clear on your ideal customer ✓ Best ways to record and publish your online course ✓ Best tools for creating and editing an online course ✓ How to create an effective and marketable online course outline ✓ And much more. -Book 3: START YOUR ONLINE COACHING BUSINESS. With this complete guide you will learn: ✓ Why Start An Online Coaching Business? ✓ Developing a Successful Online Coach BusinessStrategy ✓ Essential Steps For A Successful Online Coaching Business ✓ Effective Delivery Of Online Coaching ✓ Different Business Models Of Online Coaching Services You Can Provide ✓ Best Platforms And Tools To Use For Online Coaching ✓ The importance of Personal Brand. Take advantage of this new opportunity NOW. Scroll up and click the "Buy Now" Button.

Principles Of Effective Teaching In The Online Classroom

Author: Renee E. Weiss
Editor: Jossey-Bass
ISBN:
File Size: 29,72 MB
Format: PDF, Docs
Read: 3311
Download

"This volume focuses on the challenges the electronic classroom offers to both faculty and students. The authors include many pragmatic suggestions about what to consider in design of technologically supported instruction and also--and perhaps more startling--some serious caveats about how quickly this instructional innovation is spreading. Faculty considering the big first step would be well advised to think seriously about the insights included in this issue"--The series editors.

Preparing Educators For Online Writing Instruction

Author: Beth L. Hewett
Editor: National Council of Teachers
ISBN:
File Size: 40,47 MB
Format: PDF, Docs
Read: 9696
Download

Offers a theoretical justification for online writing instruction (OWI) as well as a detailed approach to training educators for such instruction. Examples of training methods for both real-time and asynchronous systems are accompanied by illustrations and screen shots. The authors (developers of online instructional programs at Smarthinking, Inc.) also show how five main pedagogical principles can inform online instructor training independent of the platform being used. The volume concludes with a glossary and findings from a study on how students use OWI.

Information Marketing

Author: Gaius Chibueze
Editor:
ISBN: 9781088690765
File Size: 24,20 MB
Format: PDF, ePub, Mobi
Read: 1148
Download

So much wealth has been acquired from crude oil; from the Middle East, to Europe and even Africa. Petrodollar is enticing and whoever earns it, is poised to be a financial power in the world. But what if I told you that there is a new oil that is also a money-minting machine, because it can earn you so much money in any currency you want? It is not a myth because I made fifty million naira, which is about one hundred and thirty-eight thousand dollars, using this new money machine. It is also not a secret because I am not the only one making a killing from this money machine. A lady on Instagram with over two hundred thousand followers who goes by the name @_thesixfigurechick_, sells digital courses to help people make more sales on Instagram, and she is raking in millions. Her number one financial goal for 2019 is to make one million dollars from the sales of her digital products. As I type this today, 15th June 2019, she has already made five hundred thousand dollars. And we're still in June, the first half of the year.How can you too make such huge figures, you may wonder? The truth is you can't give what you don't have. "My people perish for lack of knowledge," says the Holy book. If you are not making as much money as you can from this money-machine, its simply because you don't have sufficient knowledge about it or how to go about it. Fortunately, you are reading this book now. I assure you, before you turn over to the last page, you would have garnered all the tools you need to start making money from INFORMATION MARKETING.

Coaching Business Career

Author: Alex Damale
Editor:
ISBN:
File Size: 57,79 MB
Format: PDF, Docs
Read: 4525
Download

Are you ready for a new wonderful career opportunity? Coaching Business as Online Teaching, these days, become a wonderful career opportunity for qualified people who are unable to go for full time jobs In 2020, the pandemic led to massive growth in online education. That is why 2020 is the biggest year for online education. You've experienced things in life, you've learned things in life, you've got skills, you've got talents, you've got interests and passions. Even if you're not really good at something, but you're still interested and passionate about a particular topic, you can turn passion into a Coaching Business. In this bundle you can find two books in one: Start your Online Coaching Business and a complete Guide to launch your first online course. -Book 1 START YOUR ONLINE COACHING BUSINESS. With this complete guide you will learn: ✓ Why Start An Online Coaching Business? ✓ Developing a Successful Online Coach Business Strategy ✓ Essential Steps For A Successful Online Coaching Business ✓ Effective Delivery Of Online Coaching ✓ Different Business Models Of Online Coaching Services You Can Provide ✓ Best Platforms And Tools To Use For Online Coaching ✓ The importance of Personal Brand. -Book 2 LAUNCH YOUR ONLINE COURSE. With this complete guide you will learn: ✓ The benefits of launching an online course ✓ Key steps to create and launch your online course ✓ How to create a customer avatar to identify and get clear on your ideal customer ✓ Best ways to record and publish your online course ✓ Best tools for creating and editing an online course ✓ How to create an effective and marketable online course outline ✓ And much more. Take advantage of this new opportunity. Scroll up and click the "Buy Now" Button.

The Bible Of Making Money Online

Author: S P Sharma
Editor: Exam2Villa
ISBN:
File Size: 19,64 MB
Format: PDF
Read: 4150
Download

Content 1. What is Income? 2. What is digital marketing? 3. Build a Niche Blog (or Website) and Use Affiliate Marketing 4. Launch and Grow a Startup 5. Build and Sell Software 6. Start an eCommerce Site and Sell Physical Products 7. Find Freelance Clients and Sell Your Services(Introduce 78 Freelance website) 8. Start Online Coaching and Sell Your Advice 9. Create Online Courses to Productize Your Knowledge 10. Launch a YouTube Channel to Entertain and Educate 11. Record a Podcast and Share Inspiring Stories 12. Join a Remote Company Part-Time (or Full-Time) 13. Test Websites 14. Narrate Audiobooks 15. Write and Sell an eBook (Amazon Self-Publishing) 16. Do Micro-Jobs on Amazon Mechanical Turk 17. Join Freelance Job Sites (Like Flexjobs and SolidGigs) 18. Sell Your Services on Niche Sites Like 99Designs, Cloudpeeps or TopTal 19. Do Graphic Design for Local Companies 20. Email Marketing with a Niche Newsletter (The Skimm, Mister Spoils) 21. Sells Products on a Shopify Store 22. Sell Your Crafts and Art on Etsy 23. Become an Influencer on Instagram 24. Sell Your Art and Designs on Society6 25. Local Business Consulting 26. Sell Stock Photos Online 27. Rent Your Home or Room on AirBnB 28. Start an Online T-Shirt Business 29. Sell Your Expertise on Clarity.fm 30. Answer Professional Questions on JustAnswer 31. Become a Virtual Assistant 32. Get a Commission-Only Sales Gig 33. Teach English as a Virtual Tutor 34. Guest Post as a Freelance Writer for Niche Websites 35. Write on Medium’s Partner Program 36. Help People with Their Tax Prep 37. Transcribe Audio and Interviews 38. Proofread Articles 39. Private Labelling and Selling Products on Amazon 40. Online Travel Consultant 41. Do Virtual Odd Jobs on TaskRabbit 42. Clean Up Search Engines 43. Enter Online Contests for Company Names and Slogans 44. Get Paid for Being Healthy 45. Write Reviews of the Places You’ve Been 46. Do Data Entry for Companies 47. College Admissions Essay Editor 48. Help New Teachers by Selling Your Teaching Plan 49. Give Your Opinion in Online Focus Groups and Surveys 50. Maintain Artist Fan Pages 51. Look After Other People’s Pets 52. Sell Your Old Smartphone and Other Tech Goods 53. Sell Your Old Books 54. Rent or Sell Your Clothes Online 55. Online Dating Consultant 56. Rent Your Car on Turo. 57. Become an Online News Writer or Columnist 58. Buy and Sell Domain Names 59. Do Data Analysis for Companies 60. Online Personal Trainer or Fitness Coach 61. Sell Your Songs 62. Subcontract Your Extra Work and Start an Online Agency 63. Create DIY or Cooking Videos 64. Edit Videos Online 65. Build a Niche Website 66. Become a Contract Customer Service Superstar 67. Buy an Existing Website 68. Become an Online Notary 69. Run Corporate Workshops 70. Lend Your Voice to Voice-Overs 71. Small Business Marketing Consultant 72. Rent Your Camera Gear 73. Best Apps to Make Money Fast Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.[1][2][3] For households and individuals, "income is the sum of all the wages, salaries, profits, interest payments, rents, and other forms of earnings received in a given period of time."[4] (also known as gross income). Net income is defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions), and is usually the basis to calculate how much income tax is owed. 1. EARNED (ACTIVE) INCOME Definition: Earned income is money earned from working that requires your time. This is the income you receive from actively working. You work and you are paid for your work. Examples: Salary; wages; bonuses; contract work. Tax implications: Earned income is taxed higher than any other income, at a rate of 10%-35%, plus Medicare, Social Security, and other taxes, which can reach close to 50% based on tax calculators and estimators. Characteristics: It’s hard to become wealthy solely from earned income for a few reasons. First, it’s taxed at the highest rate, and second, there are only so many hours in the day for you to work (you can work and work and work, but if you have to be there to make the money, there’s a cap on your income because time is limited). Another downside besides taxes is that once you stop working, the money stops coming in. On the upside, earned income is the easiest type of income to make. You can just go get a job or side job pretty easily in the US and make some money. This is why most people make money this way–it’s easy to do. A great way to switch over into better types of income is to use earned income by putting it into a portfolio or to start a side hustle or business (this is what I did by starting a blog, which is now my full time business). 2. PORTFOLIO INCOME Definition: Portfolio income is money you receive from selling an investment for more than what you paid for it (portfolio income is also referred to as capital gains). Examples: 1) trading assets, like stocks, bonds, and mutual funds, 2) buy and selling real estate, and 3) buying and selling other assets, like a car. Tax implications: Portfolio income is taxed at 10%-20% for investments held over 12 months and taxed as earned income if held less than 12 months. However, portfolio income is not taxed for Medicare or Social Security. Capital gains can be offset by losses on other investments, which is a huge plus. Characteristics: One downside is that for the average person, investing can seem intimidating. This often keeps people away from doing it. It wasn’t until I became a Certified Financial Planner that I really understood what was going on with respect to portfolio income. If you’re just getting started with investing, read this post – 21 tips for investing in your 30’s. Also, this type of income can take a long time to generate if you believe in many of the widely held investing concepts that require buying and holding for years. If you’re a trader and attempt to do it much faster, you better be really good at it, because otherwise, it’s sort of like gambling. You have to have money to invest upfront to create portfolio income. This is a huge reason why people say they don’t invest. You can start with a small amount and contribute to your investments over time, but it requires you to have the capital to do it. If you want to get started with hiring someone to help you with your money, read this post on questions you should ask your financial advisor before hiring her. I like using investing as a supplemental income strategy. I don’t want to retire, but I like the idea that I could if I ever change my mind or it became medically necessary. So, I save and invest as a bit of a safety net, but not as the end goal of retiring as soon as possible. I like contributing to the world through my work, and I also like creating a lot of income. I just don’t ever tie my “hard work” or time to income generated. This way, I know my income potential is unlimited. 3. PASSIVE INCOME Definition: Passive income is money generated from assets you own, where you are not actively working. Examples: Rental income, business income (as long as it’s not earned based on time and effort), creating/selling intellectual property (e.g.: books). Tax implications: Passive income receives the most favorable tax treatment. Characteristics: Passive income is thought to be the key to building wealth. Once you have an investment that generates recurring income, you don’t have to do much to maintain it (so time is not a limitation). Typically, there isn’t much start up cost to passive income that you have to provide yourself. For example, you can use your time to create a business or you can get funding from investors for your real estate properties or start up company. It’s not as easy as earned income, but it’s not as challenging as portfolio income (in terms of start up funds). It takes a lot of money to make a lot of portfolio income, whereas you can generate a lot of passive income with less. I started a blog with the idea of generating passive income (the Smart Passive Income podcast used to be on repeat!). It’s one of the best things I ever did! A FINAL NOTE! Understanding how income works is important because it affects how you go about deciding what results you want with money in your future. Do you want to retire? Do you want financial independence early? Do you want to focus on contributing to the world through your work as an entrepreneur? Do you want money just to be a scorecard of the value you provide? Do you believe that “hard work” and time create money? (So many questions!) These are philosophical questions, but whatever you believe will drive your feelings, which will drive your actions, which will drive your results. So, ultimately, your beliefs drive your results (you can read more about this in the 5 step framework to master your mindset post here). Based on what you choose to believe, you could end up financial independent and retiring very young and living off 4% of your investment portfolio, with frugal values, while traveling, and doing whatever else you want to experience the world while you’re alive. Or, you could end up a multimillionaire focusing on serving the world through your work and never retiring. Completely different results. Both involve a lot of money. What you choose matters. What you believe about money matters. What you do matters. The three different types of income are a way of learning how to use money to your advantage to get the results you want most. This is the way our system works. The sooner you understand how money works, the sooner you can make better decisions that will help you achieve financial success (whatever that looks like to you).

How To Make Money Online Easy Guide To Make Money From Home

Author: Afroditi Tsikoudas
Editor:
ISBN: 9786180022650
File Size: 34,73 MB
Format: PDF, Mobi
Read: 2114
Download

This book is meant to provide practical information about ways to make money without having to leave the house. It is written in a very manual way and will provide you step by step instructions, so that you can get used to online methods to make money. It is especially handy throughout the Covid outbreak. Topics covered concern: 1) Freelancing 2) Affiliate Marketing 3) Amazon Seller App 4) Shopify Dropshipping 5) Facebook Ads 6) Make money on YouTube with or without making videos 7) TikTok 8) Teaching online with or without having an academic degree 9) Beta testing 10) Make money on Shutterstock 11) Swagbucks 12) Fiverr Just pick the way(s) you seem to love most, and Go For It!Build-up your way to success, Now Is The Time!