Sunday, 1 November 2015

5 Ways to make money side by side



Start a blog.

Blogging is definitely not a "sit at home in your underwear and make easy money" kind of activity. It requires diligence, quality and time. However, blogging can be incredibly rewarding.
There is one common theme with all of the above methods for making side income. Do you know what it is? They all take work. That's right, you'll never achieve the kind of lifestyle you want if you don't work for it. So get out there today and start hustling. You'll be able to quit that job faster than you ever imagined.

Sell a product on Amazon.

A friend of mine, Chris from UpFuel.com, decided to sell products on Amazon. He researched best-selling ideas, contacted a manufacturer in China and had the perfect model designed, had the product shipped to Amazon's fulfillment center in the United States and sells his product on the site, making thousands of dollars a month in profit.
The best part? Chris doesn't ever touch the product, and it largely runs on autopilot at this point.

Invest in real estate.

My eyes were first open to the idea of "passive income" after reading Rich Dad Poor Dad by Robert Kiyosaki. Although not a real-estate book, it taught me the value of owning assets that produce income, which led me to real estate. Real-estate investing is not always passive, and not always easy, but it can be highly profitable.

Write a book.

Many people have dreams of writing a book, but very few ever do. They think it's too hard, that they don't know enough, don't have enough time, aren't smart enough or whatever other excuse they can come up with. But the truth is: you can write a book, and that book can help you make additional monthly income.

Sell your skills.

Chances are you are good at something in the business world. Perhaps it's accounting, data entry, video production or writing.
Whatever you are good at, there are likely people out there willing to pay you good money to run that part of their business for them. Smart business owners know that they should focus on what they are good at, and hire out the rest. This is where you can come in and make side income doing what you love.

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