An Opportunity for Everyone: Make Money by Sharing Business Ideas
April 23, 2011 by Nicole Dean
Filed under Affiliate Marketing
People all over the world are facing tough economic times. While it can be easy to get worried by financial woes like almost everyone else, you can instead chose to view our financial climate as a positive thing — an opportunity even.
How could you turn the bad economic situation into an opportunity for you? Since a lot of people are getting laid off or downsized, there are now a lot of people looking to make money on the internet. Since so many people want to learn ways to make money online, this could be a great opportunity for you to take advantage of. You can help others make money online while make money for yourself.
How do you do that? Here are several ways.
Build a Blog or Website Community
Because people looking for money making ideas is such a hungry market already, you can very easily tap into that market and profit by creating a blog, website or online community. It’s very easy to find or come up with a wide range of business ideas people can use to start businesses, especially for those on a limited budget. By creating this internet community, you would be adding a valuable resource by giving your visitors a place where they can talk about business ideas.
Once you’ve created your site, you can generate income using several different methods. The easiest method would be to display advertisements through the Google AdSense program. Another way to make money would be by promoting other people’s products and collecting a percentage of the profits.
One other great way you can make money by sharing business ideas is to
Create a Your Own Information Product
Millions are made selling ebooks about business ideas. While it can be very tough to compete in the big “How to start a restaurant” or “How to invest in real estate” markets, you can easily dominate smaller niche markets without too much competition.
It takes a bit of work upfront to create an eBook. First you need to brainstorm a good idea to write about. Once you have your idea, the next step is to spend time writing your eBook or recording an audio eBook. After your product is complete, then you can make a website or blog that’s designed to persuade your visitor to buy.
Of course, you’ll need to provide ongoing customer support for your products and continually promote (market) your website to generate sales.
The great thing about the online format is that you don’t have to ship anything or print anything. Everything is easily downloaded to your buyer’s computer.
However, if that sounds like a lot of work, an easier alternative is to
Sell Other People’s Business Idea Products for a Commission
Even if you don’t want to go through the process of creating your own product, you can still make a lot of money by selling other people’s products instead. Most other entrepreneurs who create products that teach how to start businesses have what’s called an “affiliate program.” These are programs that will pay you as much as 50% of the sale price when someone you refer buys a product.
What’s amazing about these programs is that you can still make a ton of money without creating your own product, worry about customer service or fulfilling orders. The only thing you need to do is send their website customers with a special referral link. If you’re someone who likes to tell friends about new stores, products or online finds, then you might find that this is an amazing way to make some money for you.
If this suits your fancy (earning money WITHOUT having to write long ebooks or provide customer service) you can join Nicole Dean’s Home Business Guides Affiliate Program – FREE. Just recommend our business idea guides, earn commissions and relax. It’s as simple as that.