These three points may seem like common sense, but the truth is that the people who run these scams are very good at what they do. They’ve been able to deceive many intelligent people because they present their “opportunities” so well that almost anyone will believe them. When you’re looking for a new job or extra income, it’s easy to get lulled in to a comfort zone where they can take advantage of you. Keep your guard up – always.
7. Turn to crowdfunding: There are two primary types of crowdfunding: recurring and project-based. Recurring crowdfunding lets contributors pay an amount they specify on a regular schedule. You’d want to maximize this type of funding in order to turn a channel into a substantial income stream. Incentives such as one-on-one video chats, private classes or merchandise can entice viewers to sign up.
You can't use copyrighted music in your videos unless you can prove you are the owner of the copyrighted material. If your account has too many "copyright strikes," which are instances where you've been warned by YouTube about having copyrighted material in your videos, then you will be banned. If you are using public domain music in your videos, make sure to give credit to the creators of the material in the description, if applicable: for example, Sneaky Snitch by Kevin MacLeod used with permission. That way, everyone gets acknowledged fairly and the freedom of the intellectual property commons thrives at the level of community.
But don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens', Royal Day Out in London, England—where she gives visitors a local's only tour of the city, complete with bespoke 18th century costumes.
In the planning stage, which must be done, you need to narrow down on why you are marketing and what you marketing. Making money must be factored into the equation, but money isn’t enough to drive people to push through all the resistance, patience, and hard work that is required to be successful. If your primary goal is making money you are subject to take the path of least resistance which may potentially land you in jail and/or hated and scorned by your customers.
I started reading your e-newsletter since I found out about you from Mo Money Podcast. I love this content and I can tell you what my side hustle is that was not mentioned here. I have been a virtual translator via Upwork (freelancing platform). Since I’m originally from Japan, I started offering beginner to intermediate level translation last year. Since then, I have delivered over 6 dozens projects all satisfactorily. I like that each and every project is so unique and it really stimulates my brain and challenge myself to deliver high quality translation services. My hope is that one day when I get pregnant or want to stay home with my babies, I can just do this freelancing job and quit my 9-5 job. Upwork offers so many types of freelancing jobs other than translation, so I recommend to anyone who wants to capitalize their underutilized talents.

Garima is a data-driven marketing manager who is buff of Big Data, Digital Marketing & Social Media. Conceiving and executing Digital Marketing Strategies that focus on the audience engagement and acquisition/growth are her strong suits. Writing blogs is something that she holds high for sharing her expertise of which you can get the dividends here, through Digital Vidya blogs.
×