Weekend special : five ways to make money online. No MMM and no third party

Start A YouTube channel.

Starting a Youtube channel is the simplest way of making money online and needs no investment.

YouTube gets almost 5 billion video views per day which proves its power on the internet.

Felix Kjellberg, the owner of PewDiePie (a YouTube account), has earned 12 million dollars in 2015 by running a single YouTube channel.

You too can see such success if you capitalize on the opportunity that YouTube provides us currently.

Suitable For -

People who love to create videos, like to talk in front of a camera, shoot documentaries or short films.

Skills Required -

Ability to create a video using software tools or record a video using your mobile phone or camcorder. 

Time Required For Starting A YouTube Channel - 

Virtually you can start within minutes. You'll have to visit YouTube.com, create a channel and upload videos. 

Tips - 

1. Create a YouTube channel around a specific theme such as Humor, Tutorial, Recipe, etc. Don’t just go out create any random unrelated videos channel.

For e.g. If you love gadgets you can create a gadget reviews channel where you can post review videos of the latest gadgets and help people to decide whether it's a right choice for them. 

2. Select a theme in which you're really interested. Analyze other videos related to your topic, see how many views those videos get.

It will help you to get an overview of how many people are interested in your theme.  

3. Generally more the views more beneficial the theme is. As more people are searching for it. 

4. Check out if there’s any missing concept in the currently existing videos related to your theme.

You can cover these concepts in your videos to fetch more views.

5. Give your best to engage with your audience. Study comments people leave on your videos, learn the hidden expectations that your audience has from you.

6. Try to find out what they like about your videos and what they don't. Study which videos get the highest retention rate and find the reasons behind them.

7. Spy on your competitors and try to model the things that are working for them. But never try to copy them, always maintain your uniqueness.

8. Always try to improvise each new video from the last one.

So when you look at your first videos after few years, you should think aww how bad I was earlier.

That's a good sign; it shows that you've improved. 

9. Experiment, experiment and experiment. Never fear to try something new and see how it works.

Experiments are the only way where you can find new and exciting stuff which can catapult you way ahead of your competitors.

10. Finally, try to collaborate with other YouTuber's who are doing similar work.

Learn their strategies and mindset. Working together can do wonders for your channel.

11. Have fun. Do the things that you love and enjoy your life.  

Do Affiliates Market

What is Affiliate Marketing?

Affiliate marketing is a type of performance-based marketing in which a business rewards a certain percentage of commission for each product bought by the customers who are brought by the affiliate's own marketing efforts.

Suitable For - 

People who love to talk, write, explain and have the ability to persuade.  

Skills Required - 

Ability to promote product online using social media, videos, ads etc. 

Time Required For Starting Affiliate Marketing - 

Virtually within an hour. You just need to select an online product that pays you a commission when you promote and sell it using your affiliate link. 

Tips - 

1. Select an online product from the domain in which you are well conversant with. For example, if you are a dietician then select a product related to diet.

There are lots of products available in every domain you just need to find a domain which is suitable for you.

2. Places to find products: Clickbank.com, Shareasale.com, Jvzoo.com. These websites have thousands of products listed from multiple domains. 

3. Choose a product that pays you at least 50% commission on each sale. 

4. Most product websites handle affiliate link generation and payouts so you don’t need to worry about how you’ll get your commissions.

Just get your custom affiliate link created by the vendor and start promoting it. 

5. If you want to earn instant money from affiliate marketing try to promote your affiliate link on social sites such as Facebook, Twitter, Digg, StumbleUpon, and Reddit. 

Create A Niche Website.

What is Niche Website?

Niche Website is a small website focused on one particular topic which shares all the information relevant to the topic that is both useful and interesting for the target audience.

A niche website can be of few pages or even of hundreds of pages depending upon the size of the niche.

Suitable For - 

1. People who have an interest in a very specific topic within a large domain. 

For e.g. In large a domain like Yoga, you can choose specific sub-domain such as ‘Yoga to lose weight.’ 

2. People who love to talk, write, explain and have the ability to persuade.  

Skills Required - 

1. Ability to create Niche website based on specific sub-domain using Wordpress, Blogger or other available software and tools. 

2. Ability to promote niche website using social media, ads etc. 

Time Required For Starting A Niche Website -

You can start a Niche Website within a day. But creating a good content for the website might take time.

Tips -

1. Write out as many niche site ideas as you can, using the sub-domain that interests you the most.

2. Narrow down your niche idea based on finding the answers to the following questions:

• What is the audience size of your niche?
• Is your audience known for spending money for purchasing the niche related products?
• Are there multiple products available which you review on your site?
• Are there affiliate programs that provide more than 50% commissions?
• What is your investment budget?

3. Create at least 10 articles of rich content containing 1000 words, those articles will provide great value to your niche targeted audience.

4. Sign up for at least 2 affiliate programs that offer products related to your niche with more than 50% commissions.

5. Do keyword research and find at least 15-20 niche relevant search terms and try to rank your site for them.

6. Try to network with the owners of the authority blogs in your niche and find guest blogging opportunities.

Publish A Kindle eBook

Publishing an Kindle eBook is another simple way of generating consistent passive income.

Did you know that Amazon.com is the biggest competitor to Google than any other search engine like Yahoo or Bing?

More shoppers try to search a product on Amazon than on any traditional search engine.

When people want in-depth information on a specific topic, they don’t search for blog posts on Google but instead try to find a highly recommended book on Amazon.

Your aim should be to leverage the power of Amazon.com’s growing outreach and popularity to generate a stable passive income source.

Suitable For - 

People who have in-depth knowledge on a certain topic or love to do research and explain it in an easily understood from.

Skills Required - 

1. Ability to provide detailed insights on a particular topic. 

2. Ability to provide some extraordinary tips for solving people’s problems.

Time Required For Creating An eBook -

The time required completely depends on the creator of the eBook. What topics he/she wants to cover? How many details does the creator want to include?

These are the important factors that define the time required.

Tips -

1. Research, research and research. It is the key to successful Kindle eBook product. 

Research about what people are looking for in the domain related to your eBook's topic.

For example, if you are creating an eBook on ‘Yoga exercises to lose weight' look for how many people are looking for yoga exercises to lose weight on the internet and Amazon? What are their expectations from a book? 

You can easily conduct this research by studying the comments, reviews and popularity of the existing competitor's books on Amazon.

2. Write for one reader. When you know your ideal reader, you know how much he/she already knows.

You can avoid boring him/her with obvious information, and you can provide exactly the information he/she’s looking for. 

3. Check out how many people are asking questions on the topic you have chosen, using websites such as Quora, Yahoo Answers, and WikiAnswers.

More questions mean more people are looking for answers and that’s a good sign.  

5. Look out for the market gaps in your selected domain. And see whether there’s demand for some topic, see whether your eBook can cater that demand. 

6. Visit Amazon.com and see how many books are present in your selected domain. Are people buying those books?

This will help you to understand the demand and purchasing ability of the market in your domain.

7. Find a few friendly readers who match your ideal reader profile and give them your first draft.

Not only will they help make your book better, it will also boost your confidence.  

Create A Membership Site

What is a Membership Site?

A membership site is a private website, with exclusive content available only to the signed up members.
It usually provides members with the ability to interact with each other. They pay a monthly fee for being a member of the website.

Suitable For - 

People who like to interact with, guide and lead a community.

Skills Required -

1. In-depth knowledge of any particular domain.
2. Ability to research new things and constantly generate new and helpful content.

Time Required For Creating A Membership Site -

Depends on the domain expertise of the creator.
Do Google search for Matthew Woodward's tutorial on how to create a membership site for free.

Tips -

1. In the beginning keep the fee for joining the membership site ridiculously low.
Aim to create a minimum viable product instead of creating a perfect product. You can always improve your site in later stages.
2. If you’ve never been a part of any membership site till now, consider joining a few related to your domain. Study those sites.
3. Find what’s working well for you and other members of that site? What’s makes it worth the monthly fee and how could you replicate this?
4. Interact and engage with members. Your membership site shouldn’t be the one that only drip feeds the content, with little or no input from the owner.
You must provide insider access for your members who want to communicate with you.
Even if you’re busy, you must spend at least half an hour a day to get involved with your membership site.
You can do this by many ways, such as you can interact with the members answer their questions or even lead an interaction inside the forum.
5. Run group events and challenges to increase members’ engagement with your site.
Organize regular events, challenges, or similar.
Make it easy for members to participate. Offer prizes, display leaderboards or similar such things creates a great incentive for members to participate and get involved.
6. Periodically review what’s working and what isn’t. Try to adapt the site based on the member's’ needs.
For e.g. If you offer most of your content in text format but your members are engaging more with the video content then shift from text-based to video content.
7. Try to introduce new initiatives and see how your audience is responding to it. Such as live Q&A calls or similar.
But be careful, don’t overwhelm members with several different initiatives at once. Introduce one thing at a time.