Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay.
It's NOT easy, but it is very profitable if you know what you are doing. And yes, there is a good potential for passive income. I find most Internet Marketing coaches are bogus, and just want your money. I learnt from someone of very high integrity called Eric Holmlund and he offers is teaching 100% free. His main angle is marketing digital products. I wrote my impression of him and his tips here if you're interested
Develop a content-based website. A content-based website provides information on a specific subject such as baking pies, designing kitchens, or repairing bicycles. You don’t need a product or service to get started - just a good idea. If you know a lot about a particular subject, consider sharing your knowledge with the rest of the world. And while you’re at it, why not make a few bucks?
Have you ever watched a YouTube star’s video and thought, I could’ve done that? Me neither. Out of all the influencer platforms, YouTube strikes me as the most intimidating. But it can also be the most lucrative, with top YouTubers earning well into the six figures from advertising revenue alone. And this pie is only getting expanding: YouTube recently reported that the number of users earning over $100,000 on the platform has increased by more than 40 percent annually; currently, 75 percent more channels have surpassed a million subscribers versus last year.
As far as the work itself, there’s a good chance you’ll need a virtual private network (VPN) to safely connect to your company’s system, as well as some measure of organizational skills (tip: you can use organizational tools, like Trello) to make sure you’re on top of current projects. The payoff for full-time computer programmers is lucrative, and the average annual salary is over $60,000 according to Payscale.com.
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for articles and content you write. Think of the sites you read regularly. What can you contribute to them that would be interesting? Research your niche and then look for ways to pitch articles. Many sites will simply have a submission or contact link in the footer. To get started, check out my full guide to becoming a freelance writer on the side and then submit your articles to places like Instash, Listverse, TopTenz, A List Apart, International Living, FundsforWriters, and Textbroker.
If you've ruled out survey taking as a legitimate way to earn money from home, listen to Bonnie Alcala. She and her daughter Andrea Spain, an elementary-school substitute teacher, take surveys online for fun and a little profit. They are careful to avoid any scams by refusing to pay an upfront fee or other charge. Bonnie and Andrea pocket around $100 a month for spending two hours a week taking surveys, which gives each of them extra pin money. In addition, they collect all kinds of gift cards and other prizes.
Acquire skills. If you have no experience or are looking to start a new career from home, some of the best fields to consider are IT, accounting, and marketing. These are somewhat technical fields, so you’ll need formal training. The good news is that you can earn an affordable associate’s degree in each field at your local community college or through online programs.
Outside of that I'm just bumbling by doing random clickbank things, nothing major just buy traffic and jam it at some lander and build a list, but as I say its just a side project at the moment. I'm at core a developer though, have worked on many a project thats turned a very nice profit, but been out of the game a while, and facebook seems to be a much more unwieldy fish than it used to be.
These endeavors aren’t without traps and challenges, though, so before we take a look at some legitimate ways to make money from your home, let’s review a few things that you should avoid. Unfortunately, if you want to earn an honest living from home, you’re also a common target of scammers, especially in these economically tough times. But if you keep these simple rules in mind, you won’t become a victim of one of the many work from home scams.
4. Create a Kickstarter project. If you're an artsy type or a hopeful entrepreneur, Kickstarter could be the perfect way to earn more money and pursue your passion. Kickstarter is an online platform where people share their ideas for creative projects and ask the public to help fund them. There have already been a number of popular success stories. In many cases, independent movies, music albums, and even businesses wouldn't exist without the initial funding they received from the Kickstarter community. If you put together a good proposal, it is very reasonable to think that you could land $1,000 in funding. You can get more details on how the process works at Kickstarter.com.
Once you have created an AdSense account (or tied your YouTube channel to your existing account), you are taken to your Upload Defaults screen. About halfway down the list of options is a tick-box labeled “Monetise With Ads.” You need to click this box, and you will be asked to confirm that you own the copyright to your videos and that you understand what you're doing.
It is a good book to read and it gives a good idea of how to generate money very fast online. Affiliate marketing is indeed a good idea and the guide clearly explains how one should carry out the business. Through this guide one can generate income very fast as it can be also a part time job. Great idea and this book is greatly recommendable to all interested in affiliate marketing.