By Brandon Whittinghill
There are so many companies out there that sell products and packages all for the purpose of being able to make you a little extra money or replacement income from home. Network Marketing companies who have a product and a system in place offer you a chance to buy into that business model and attempt to duplicate the process. Affiliate marketing campaigns are great and allow you to make money off of the name of major Fortune 500 companies such as Amazon, Google, Ebay, and do on. Both of these are honest methods of making money from home and are both thing that I have tried and still to a small degree implement in my company; but they are not the bread and butter.
When I first started trying to find a sustainable income from home, I tried a lot of things out there hoping to get decent returns. I never expected to get rich quick, and I knew that I had to put in the effort to get anything out of it. However, no matter how much I put into it, it seemed like the only way for me to have relative amount of success, I needed to spend a lot more money up front than I had to put in. My thinking was, if I had $10k-$20k to invest in a buisness, it sure as heck wasn't going to be to build up someone elses brand, and hope that I get my return by doing what took their company usually several years to accomplish.
So scratch Network Marketing and Affiliate marketing campaigns; these are only a good thing to do when you already have a built contact list and an established web presence. So, where does that leave us? Playing blackjack in Vegas... LOL just kidding! No there are many other ways to get started working from home. It all depends on where you start, and how much you have to work with... because yes it does take some money to make more money.
For the purposes of this article, I'm going to assume you have say $200-$500 to invest in your future; because that's what it is, iinvesting in your future. Now if you are starting off with so little, again you're not going to make hundreds of thousands of dollars overnight, but an extra $100- $1000 a month wouldl probably change your lifestyle at this point am I right? So what are you going to do with it? I'll give you a couple suggestions.
- Start a dropshipping venture. This is where you sell other peoples products and collect a percentage of the total. Then you send the order to the supplier and they will ship the item to your customer. For example, if I have a store front (web store front) with Amazon, I can place items for sale through my online portal. When a customer places the order on my web portal, The order goes to amazon fullfillment, and I get a piece of the transaction (which I determined before placing the item for sale on my web page). Anybody can do this to one verrying degree or another. You do not have to use Amazon to create your webpage, for the longest time I did it on Ebay ( although I don't think they allow droppshipping anymore).
- Selling Content. This is an up and comming revenue stream as more and more people are using social media to advertise their businesses. To do this, they need to create content to bring people to their page, I imagine this is what BitLanders does with the content that people produce here. If you can create content for BitLander and for your own social media pages, you may consider this method as a primary source of revenue. Simply find people who have a large number of followers and ask them if they pay for content; maybe even send them a few samples. Just to let you know, a lot of large companies, pay for content because it's cheaper than having a full-time employee do it.
- Forex. This is an option that a lot of people don't really understand. Essentially this is the exchange of forign currency, if you've ever been to another country and had to exchange your dollars for pesos (for example) that is a forex transaction. So I take $10 to Mexico and get 100 pesos.. whenI come back, I give them back the 100 pesos, and if the currency market has changed, so will the amount of money I get back (even if it's not much), so I get back $10.25. I made a $.25 profit. This can be done on a larger scale and using leveraged lots. What that means is you take $200 and make $10-$50 a day even more.
I've gone over a lot of information and I'm sure you all have questions about how this stuff works in greater detail. I'd be happy to answer those questions and will be sure to write other posts relating to each revenue stream down the road. For now, just know that there are things out there that the everyday person can do to start making money from home and to take back their financial freedom. Feel free to check me out on facebook and twitter, and look for more articles to come.