Blogging and Alternative Income Streams

In one of my recent posts here on Shoemoney, I discussed blogging in detail. Specifically, how bloggers get paid. It sounds like a dream come true, doesn’t it? You live your life however you want, document the journey, and get paid for it. Sure, this is great. And the reason it sounds like a dream is because it usually is. Fortunately, there are other ways to make money that use your blog as a foundation. And here are a few ideas that have actually worked for people. Freelance Writing Do you think I started off as a marketing professional? No. Do I have a degree in marketing? I don’t. I started as a blogger, believe it or not. And once again, that blog had nothing to do with marketing or SEO. They came much, much later in the game. I just wanted some pocket money. Mostly because I was poor. […]

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Our Habits Make Us: Weekend Habits of Highly Successful People

If you’re feeling restless, demotivated, and sleepless, you might want to look at your screen habits. Patient.info recently did a survey of over 2,000 people. They found that people who binge-watch tv are three times more likely to feel depressed, anxious, sleepless and empty. This was especially true of the 18-24-year-old crowd. But highly successful people will not be among those surveyed. Why? Because they spend their weekends wisely. This doesn’t mean they’re workaholics. On the contrary, many habits of highly successful people have nothing to do with work. So here’s a list of the most interesting weekend habits of highly successful people. 1. Unplug for 24 Hours Fortunately, we don’t stone people for not doing this anymore. But an ancient practice might be useful for contemporary citizens. I’m talking, of course, about the Sabbath. In Hebrew and Jewish culture and lore, God worked on creating the earth for six […]

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A Young College Student’s Plan to Change His Life

You can do a thousand and one things to make money. Most of the time, people just don’t know how to start out. They’ll just “come up with an idea” and run with it. And they have no clue if their business idea will actually work. Of course, there is always some uncertainty when starting a new business. This is why a majority of startups fail. But you can mitigate that risk by doing a few wise things. Pulling a business idea out of your derriere is the last thing you want to do. It takes observation and research. I’m going to tell you about a student I recently met who plans to do just that. 1. Find a Niche Nobody Has Filled This can backfire, of course. You could have found a niche nobody has filled and no customer would ever respond to. Then you really are wasting your […]

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Making Money as a Blogger

In one of my recent posts on Shoemoney, I wrote about the importance of creating multiple income streams for your online business. I gave a short example of how you can diversify your income streams. With today’s post, I wanted to elaborate and give readers a much clearer view of how bloggers make money and what they do to “get there”. Hold on to your britches, folks. This is going to be a wild ride. Let’s go! Birth How are blogs born? And why? What’s the purpose? Believe it or not, the most lucrative blogs never started out to become cash cows. It was something that just kind of happened. Now, roughly one million people create blogs every year and then abandon their blogs a few months later when they realize that blogging is not a get-rich-quick scheme. The most successful blogs are born because someone has something to say. It’s […]

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Going Full-Throttle as an Internet Entrepreneur Part 1

If you’re new to trying to make money online, then you probably don’t know what I’m about to tell you. Because it’s not something other entrepreneurs mention casually. It’s not really a secret. Most people just assume that the new guys will figure it out eventually. But a lot of people don’t figure it out or don’t figure it out until it’s too late. So I’m just going to go ahead and throw the information out there. You need to build multiple income streams for any money-making endeavor. If you’re starting an online business, you definitely want to keep reading. The Basics If you’re building an online business, your website is your main attraction. This could be a blog you want to eventually monetize, a store that sells physical products through affiliate marketing or drop shipping, or your own company’s products or service. No matter what you’re doing on your […]

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Four Freelance Productivity Tips That Will Have You Slaying Work Projects

It’s the eternal struggle with working from home. You could call the dentist, watch the show you’ve been meaning to watch, clean the bathroom. Even the most mundane things can seem more interesting than another article about search engine optimization. But there’s no excuse to slack off at making money as a freelancer. There’s plenty of work to be done. Your e-mail is probably full of opportunities right now. It’s time to don the headphones and get to work. Here are some ways you boost your productivity while working as a freelancer. 1. DO NOT DISTURB I had to have a talk with my wife a few months ago. I’d be deep in a project. My door was closed. And she would burst in after her 9-5 was done and just start talking about her day. I made it clear that she needed to ask if I was at a […]

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Arbitraging.co Crypto Arbitrage Platform Concerns, Tutorials, and Results with the Abot

A little while ago a friend told me about an arbitraging platform that was, “too good to be true.  Just put money in and watch it grow”.   He put $60,000 dollars into the platform and in only 2 months it was now worth $100,000 dollars.  I called bullshit and threw out everything at him but he said he could withdraw at any time and it was “risk-free”.  I still called bullshit. But I tried it out with a small amount…  to my surprise it does “just work”. Arbitrage is not new or rocket science.  By definition, arbitrage it is the profit from a market imbalance. In the crypto-coin world, there are many exchanges where the same coins are exchanged (bitcoin, ethereum, etc).  This platform has a bot and it simply looks for differences in prices in these exchanges and then makes a trade to make a profit. Think of it like this.  […]

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6 Things Small Businesses Should Outsource

There is a freelancer for almost every industry in the world. In this country alone, they make up about one-third of the workforce and that number is expected to increase to more than 50% in the next ten years. There are dozens of platforms online to help you find these workers. All it takes to find the right person for the job is a few clicks of your computer mouse. As an entrepreneur, you likely want to try to do everything. But with this horde of independent contractors all looking for work, why not focus your time and talents on your skill set? Which of course, is growing your business. Delegation is part of the process of owning a business and growing it. You can’t scale if you’re trying to do everything yourself. Here are 6 things that small businesses can and should outsource to make their lives easier. 1. […]

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10 Companies That Took Off in Unexpected Ways

We constantly hear about the Microsofts and Apples of the world. The garage band companies from humble places. But those companies were a semblance of what they would eventually become. What about the companies that took a chance on something new? What about the jokes people expected to go nowhere? These are the surprising stories that continually surprise us. We’ll start with a company you may not have heard of. And don’t worry, it’s not actually a joke. 1. Potato Parcel When was the last time you received a letter in the mail? Letter writing is a lost art. So, there has to be a better way than Amazon to buoy the failing U.S. Postal Service, right? How about potatos? No, not bulk shipments from Idaho, but messages sent via potato. What began a satirical joke turned into a successful business called Potato Parcel. Of course, sending a potato as […]

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13 Unique Ideas for Young Entrepreneurs

Children can start learning about money as early as age three. One of the best ways to do this is by not always buying something when you go into a store. If your kid wants something, you tell them “there isn’t enough money right now for that, but if we wait patiently, we will eventually be able to buy it.” Children are better at reasoning through these things than we give them credit for. They will make the connection between the waiting and the money and the eventuality of buying even if they can’t see or understand actual numbers yet. Now, your kid may not have an entrepreneurial bent as early as 3 years of age. At some point, they will want a “lemonade stand” in their life. You should be ready to help them achieve their little entrepreneurial dreams. It’s entirely possible for your little one to learn about […]

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How to Deal With Entrepreneurial Debt

According to everyone around you, debt is normal. The average American household owns $139.5 thousand in debt. School and housing loans make up a large chunk of that number for each person. Even if you’re not among the highly indebted, as an entrepreneur, you’re told to spend. Even if you don’t have the money, you’re supposed to miraculously attract customers with outbound marketing, SEO services, and expensive video production equipment. At every turn is the temptation to go into even more debt. While some debt might be unavoidable, there are ways to handle your debts in such a way as not to drown. 1. Destroy Any Other Previous Debt If you’re already drowning in debt, it may not be the time to invest money in a business. If you’re hoping for a business loan, you need to have good credit. Most people are only in the “fair” range (on average, […]

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How to Sink Your Teeth into Real Estate Without Buying Property

Right now is one of the best times to get into real estate investing. Price growth is slated to slow and then pick up speed again. And we’ve seen only a marginal bump in mortgage rates. All of this spurs confidence in the market even if inventory is down. And with confidence comes increase in prices and increase in value. You’ve got to get on the cart now before it climbs too high. But if you don’t necessarily want to bind yourself with a mortgage and a house you can’t sell for a while, there are other ways to invest in real estate. Here are a few methods investors use to increase their dividends. 1. Grab Those REITs While They’re Still Hot A real estate investment trust is a company that owns or finances real estate. Said real estate must produce income for it to be a real estate investment […]

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Five Myths About Passive Income You probably Still Believe

Time is the great equalizer. In the grand scheme of things, you don’t get much more of it than I do. On average, we only live 80 years. No wonder many of us are scrambling to free up more time. We realize that if we want to accomplish our life goals, we need to spend less time making a living. Passive income seems like a great solution. While passive income is achievable, it’s not as easy as other bloggers make it out to be. Myths perpetrate through lazy blogging. Some of us have swallowed these myths with gusto. Here are five you should probably quit believing. 1. You Need a Bunch of Money to Make Passive Income Brian Clark turned Coppyblogger into a $7 million company with a mere $1,000. Now that might seem like a decent sum to a few of you out there but think of the ROI on […]

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Top 20 Most Expensive Domain Name Sales Ever

When it comes to making money online, we all have our own story on how we first got started. For myself, it was actually back in the mid-90s in the AOL Web Diner Chat Room. I was making 46×860 graphic banners for people and their websites, and they would then send me a dollar in the mail! Keep in mind, this was way before anything like PayPal was around. After that, I found myself in the world of affiliate marketing, and that’s when things really started to scale quickly! Now that you know my story, it’s time for you to read about how others got their start with making money online as well. Be sure to read through each of the blogger, business owner, and entrepreneur stories below to see which you relate to most! When did you first realize you could start making ‘real money’ online, and with what […]

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Top 20 Most Expensive Domain Name Sales Ever

When it comes to making money online, we all have our own story on how we first got started. For myself, it was actually back in the mid-90s in the AOL Web Diner Chat Room. I was making 46×860 graphic banners for people and their websites, and they would then send me a dollar in the mail! Keep in mind, this was way before anything like PayPal was around. After that, I found myself in the world of affiliate marketing, and that’s when things really started to scale quickly! Now that you know my story, it’s time for you to read about how others got their start with making money online as well. Be sure to read through each of the blogger, business owner, and entrepreneur stories below to see which you relate to most! When did you first realize you could start making ‘real money’ online, and with what […]

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3 Money Saving Tips You Won’t Regret Following

About 50% of people in the United States are lazy with their money. They haven’t put money away for retirement and they’ve generally only saved about $1,000. It gets worse. Only 15% of people in the U.S. have over $10,000 in savings. There is really no excuse for this. Some might cite familial or situational issues. I’m betting, if you polled most people on what they use their money for, those who saved little could make different choices. Education is key. If you don’t know how to handle your money, then how are you going to handle your money well? Well, if you are one of those unfortunate people, here’s your chance. 1. Put Aside Two Paychecks This Year The fall and spring are generally the cheapest months of the year when it comes to your utility bills. This could vary by region, so do your own research. Why do […]

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How to Fail at Affiliate Marketing

In 2016, retailers in the United States spend almost $5 billion on affiliate marketing. In the next few years, that number will grow to almost 7 billion dollars. You heard all of these incredible numbers and you dreamed of how a piece of that pie could be yours. It’s months later and you’ve made absolutely zilch. Hours of work to make less than a beggar on skid row. You’re probably looking for someone to shame you, right? Tell you all the things you did wrong? Great! So let’s get to it! Here is a guide on how to fail miserably at affiliate marketing. 1. Jump Right In Because “You’ve Got This” Really, you should just skip the research phase of this business because you can make money online without lifting a finger, right? All you have to do is look up the “Top Ten Most Lucrative Affiliate Networks,” sign up and […]

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Top 5 Side Hustle Ideas

You could be making exponential amounts of extra cash if you do this one thing. Start a side hustle. The days of “getting by” on your bi-weekly paycheck are over; when the work day ends, people start making money with their part-time job or side venture. Not only does this increase your overall income, it allows you to be creative in a different role than you’re accustomed to in your 9-5. Side hustles can get you through a tight month of bills, help you save more for the future, and allow you to earn more while having fun. Ready to start making money? Check out the following top 5 side hustle ideas. 1. Drive for Uber/Lyft If you’re wondering how to start a side hustle with an irregular normal-job schedule, this one’s for you. Driving for one of these great platforms allows you to pick your own hours, work close […]

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How Many Eggs Are in Your Basket? 5 Investment Ideas that Require Few Dollars

Ever wonder why Martin Scorsese opened the film “The Wolf of Wall Street” with a coke addled investment banker hiring a green behind the ears wannabe? Because chasing high returns is addictive as cocaine. It’s an ironic foreshadow. And chasing high returns is about as unwise as getting addicted to cocaine. Which is why we’re here to talk about small investments that, over time, could actually make some good money. It’s the age old wisdom that says, “slow and steady wins the race.” With these investment ideas, you won’t be tempted to jump out of a building if the stock market crashes. Yes, you’ll need some resources. It wouldn’t be called investment if you didn’t have to invest.  But you won’t need much to get started. 1. Invest in Your Peers Without the smartphone app economy, peer-to-peer lending would not be possible. Sure, we could say that it all began […]

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5 Easy to Use Websites and Apps for Making Money through Side Hustling

When it comes to making money online, we all have our own story on how we first got started. For myself, it was actually back in the mid-90s in the AOL Web Diner Chat Room. I was making 46×860 graphic banners for people and their websites, and they would then send me a dollar in the mail! Keep in mind, this was way before anything like PayPal was around. After that, I found myself in the world of affiliate marketing, and that’s when things really started to scale quickly! Now that you know my story, it’s time for you to read about how others got their start with making money online as well. Be sure to read through each of the blogger, business owner, and entrepreneur stories below to see which you relate to most! When did you first realize you could start making ‘real money’ online, and with what […]

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