Make Money While You Sleep in 2020: Five Steps To Get Started With Affiliate Marketing

You’re on a beach somewhere in South America. A waiter in a pristine white coat with glinting gold buttons walks up and asks you for your drink order. You think for a moment and order a Mojito, easy on the basil. As he walks away, you pull out your smartphone to find out you just made enough money to pay for your impending drink. Does this sound like the life you want to live? It might not be as easy as it sounds to make money while you sleep or adventure, but it is still possible in 2020? The trick is to be a savvy marketer. If you can manage this, you can make money online in 2020. Here’s how to get started in affiliate marketing this year. 1. How Do You Get Paid? Affiliate marketing skips the product or service management needed to make money online the traditional way. […]

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5 Small Business Startup Insurance Policies That Entrepreneurs Should Buy

Plaintiff lawyers are getting better at their job. In 2018, plaintiffs won 79% of the wage and hour cases against HR departments. That’s up 11 percent from previous years. “But!” you say, “I don’t have any employees yet.” Lawyers aren’t just interested in wage disputation. You could get hit from any angle from clients suing for damages to copyright cases. And lawsuits aren’t the only reason you would need insurance. Here are a few types of insurance you might need as an entrepreneur. 1. General Liability Insurance You’re interacting with people every day when you’re an entrepreneur. People are fairly unpredictable. You need a general-type insurance to protect yourself from the people outside your company. You also need a general-type insurance to protect people outside your company from your services and products. Or, really, to protect you from people suing you for things your products or services may or may […]

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Benefits of Setting Your Business Up in a Portable Office Trailer

Ask yourself this: how much office space do you really need? The answer might be less than you think. In the West, we’ve benefited from an abundance of space. Our continent is over 2000 miles across. When I tell my friends in Europe how long it takes to drive to California from my house, they’re amazed it’s only two states away. But space is getting more expensive every day. The average cost to rent office space in New York City is $14,800. That’s about $6.16 per square foot. So, again, I ask “how much office space do you really need?” Maybe now you’re willing to consider an office trailer instead of a dedicated office space. Here are some reasons why you might consider one. 1. Mobile Means Truly Mobile Likely, the trailers you’ve seen are grey boxes attached to construction sites or grey boxes sitting on crumbling cement blocks hidden […]

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How To Set Up Logistics For Your Startup

You’ve developed an incredible product. It’s been crowdfunded 300% and you’re already through your final prototype and on to production. Your customers are waiting patiently. You have not actualized the most important part of your business. Logistics. How are you going to ship your product to your customers? How are you going to optimize your manufacturing process and gather the materials quickly enough to keep up with the demand? It’s more complicated than you might think. And in the era of Amazon Prime and Walmart.com’s two-day shipping options, it’s not easy to please your customers. “But my customers will wait a decade to get my product in their hands.” That’s the mistake Oculus made out the gate with the Rift back in 2016. HTC beat them to market due to shipping concerns and they lost the lead (which they steadily gained back due to a superior product). No matter how […]

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The Many Ways to Finance a Small Business

With business financing, it’s try and fail and try again. A full 77% of business owners who apply for a loan from a large bank get rejected. If you’re in the 77% boat, you’re likely discouraged. You need the funds to get your business off the ground, but all that work seems like just another mountain to climb. The good news is, there is more than one way to start a business. And with the peer-to-peer economy on the rise, more ways to fund a business are cropping up all the time. Here are some loan and business funding options to help you fly with your business. 1. Crowdfunding This is the least surefire way to fund your business. But if you succeed, you get to say your customers and fans funded you. And then you have the privilege of saying your business is customer-centric from the ground up. How […]

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Office Space Location: 7 Key Tips for Finding the Perfect Office Space

You and your best friend built a small app. You didn’t expect your idea to take off, but people adopted it and made it grow. Now you’re unable to carry the weight on your own shoulders and need employees. But you guys worked out of your home offices. You didn’t even think you’d need an office space. How do you even go about finding, leasing, and organizing an office space? Today we give you a toolset. These tools will empower you in your journey to a functional and perfect office space. Here’s what you need in order to do that. 1. Begin At a Coworking Space The cost of renting office space can be anywhere between $4k and $14k in the United States. And that’s per employee. If you’re lucky, electricity and water are included. If you’re not lucky, you’ll pay extra. Eventually, you will need your own space. You […]

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Four Small Businesses You Can Start In College With Less Than $1000

I mentor Freshmen at a local university. Something I often hear is how much extra time they suddenly have compared to when they were in High School. Usually, my students find ways to fill their time. They join intramurals. They find jobs. They join the orchestra. And then they complain about their sudden lack of free time. If you’re in college, you might not want to fill your free time the conventional way. You’ve got that entrepreneurial itch and you want to use your free time to make money. I’ve got you covered. I’ve collected a list of viable businesses you could start during your four years. Who knows, maybe you’ll drop out and become a successful entrepreneur and I’ll be writing about you someday. Let’s make some money! 1. A Childcare Business The childcare industry grew four percent in the last five years. And if you ask any parent […]

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Amazing Startup Strategies And Tips For Building A Successful Business Launch

The Silicon Valley stereotype is true. 70% of entrepreneurs in the United States started their business in their home. And when asked what’s the best way to learn to be an entrepreneur, just over half said, “start a business.” But for most people, starting a business is this nebulous concept. It’s “somehow I get a loan and sell people things.” But a startup is much more than that. Startup culture is rough. You’re constantly pushing your limits and you’re often wanting to quit. But the end result is worth it…if you make it. You want to have all the tools available for success. Without them, you’ll likely fail. Today, I’m going to hand you those tools. Draw a Map X marks the spot. When you come to a fork in the road, take it. The best maps give you reliable advice while showing you the way forward. You don’t always […]

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How to Make Money Wisely With Your Lottery Winnings

Maybe it was that lucky penny you picked up off the sidewalk yesterday. Or maybe it was just coincidence. But you are 1 in 302 million. YOU WON THE JACKPOT! YOU WON THE LOTTERY! If you’re sitting there with an imminent pile of cash, even if it’s not the $654 million prize, you’re likely wanting to be wise with your money. But what should you do? You’ve never had this much money before. The good news is, if you’re wise, you could set yourself up for life and not work another day. You could free yourself from drudgery and live out your dreams. It takes discipline. And if you are willing to sacrifice now, you will gain rewards later. Here’s how you can make money from your piles of cash. 1. Pay Off Your Debts Immediately You were sitting in your living room drinking tepid beer when the winning lottery […]

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What Makes Generation Z Entrepreneurs So Great?

My generation saddled themselves with student loans in a time when the economy quite frankly sucked. Especially older millennials such as myself entered the job market immediately after the 2008 market crisis. Many of us either had to work as unpaid interns or delay our careers to make ends meet. And my generation is behind financially because of it. But Generation Z is determined to be different. Even with another looming recession on the horizon, Generation Z will likely hold their own and come out on top. Here’s why I believe this will be so: 1. The Founders In 1991 and later in 1997, sociologists William Strauss and Neil Howe published books which popularized a generational theory. This theory proposed that American history revolved around major events. Each generation who experienced these events reacted similarly to their historical counterparts. They were reacting to the events and in response to the […]

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Why Franchise Ownership is a Great Beginner Option for Entrepreneurs

You’ve built up a little bit of capital. You’ve started some side businesses online. But you’re not exactly ready for the startup scene. Too bad there isn’t something middle ground between a startup and a side-business, you think. POOF! An ancient oil lamp appears in your hand. You rub it absentmindedly. POOF! A Djini appears before you and explains the rules about wishes and such. You wish for a middle ground between a startup and a side-business. He says, “Dude. You’d be wasting your wish. There is already a middle ground and it’s called the franchise.” You’re astounded. Then you open up your browser and find this blog article. Keep scrolling to find out why a franchise business is a great option for beginner entrepreneurs. 1. No Research Necessary My small town finally got a specialty running store this last year. And I’m worried it won’t last. Why? I suspect […]

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Turn That Frown Upside Down: How to Fail Up as an Entrepreneur

There’s this statistic going around the internet that’s false. It says that 90% of small businesses fail. But stats collected over a five year period show this to be false. The number is closer to 50%. But still, that means that starting a business is like flipping a coin. That’s some pretty high odds. Well, like Han Solo likes to say, “don’t tell me the odds.” Because the payoff for sticking to your guns as entrepreneur is huge. Starting a business and expecting it to automatically succeed is like flipping a coin and expecting it to automatically land on “heads”. How do you get heads when you flip a coin? By continuing to flip the coin. That metaphor is a little weak for entrepreneurialism. There are some things you can do that ensure you’ll fail up instead of down. Follow these things and you’re likely to succeed the second time […]

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PewDiePie’s Trick to Getting More Ad Revenue on YouTube

PewDiePie’s Trick to Getting More Ad Revenue on YouTube Felix Arvid Ulf Kjellberg AKA PewDiePie was the most subscribed to YouTuber in the world. He’s now third. And he’s rich. His estimated monthly earnings range anywhere between $77 thousand a month to $1.2 million. That number isn’t exact because we don’t know what his contract is with YouTube, what he earns from promotions, or exactly how much each ad is worth on his channel. But he has chosen to reveal one little tidbit about how he earns so much on YouTube. Here’s his trick. Talk About Expensive Things If you advertise on YouTube, it isn’t exactly a science. Google places your ads in videos based on some mysterious set of algorithms. You tell YouTube what your audience is and what your keywords are and they do the rest. PewDiePie believes he has some insight into this process. And really, this […]

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The Top Paying Gig Economy Jobs

I was on my way to a writing conference a few months ago when my Uber driver told me how much he generally makes in a weekend. “$800?” I replied, “I struggle to make that in a week sometimes.” But then he told me how much his car payment is. Add on top of that insurance, wear and tear, etc. Some even have to take out Uber driver loans just to get started. My only investments have been a computer, advertising, and my co-working space subscription. Suddenly I was making way more than him. Uber is the Kleenex and Bandaid of the gig economy world. But that doesn’t mean ride sharing is the pinnacle of gigs. Here are the gigs that could make you way more than your local Uber driver makes. 1. Deep Learning Gigs Do you want to accelerate the coming of the “singularity” while making a ton […]

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The Freelance Economy is Here to Stay: How to Take Advantage and Make Money

Everybody’s staying home to work nowadays. They claim it helps them be more productive than going to an office. In fact, in 2017, there were over 57.3 million freelancers in the United States. That’s like 36% of the population or twice the population of Texas. 36% of the U.S. workforce is a massive market. Why haven’t you tapped into that market yet? Luckily you’re reading this right now. And by the end of this article, you’ll be like, “hey, I’m gonna make some money marketing to freelancers or something.” So, let’s dig in and see what this whole thing is about. 1. Become a Freelancer’s Agent Freelancers often report that the hardest part of freelancing is finding work. And it’s not that the work isn’t there, it’s merely time-consuming. If you’re a creative freelancer, your real passion probably isn’t the business side of things. If you’re a writer, you want […]

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Generation Z is Entering the Workforce: How to Incorporate All Four Generations

61 million workers will enter the workforce this year from Generation Z. Next to millennials, this is one of the largest generations to begin working. And yet, fewer people over 60 are retiring as well. We’re looking at a diverse office space and a full-on headache for HR departments across the country. Most upper-level management still remains in the control of baby boomers. While many boomers have adopted mobile tech, they’re still woefully deficient in common skills like typing. How then do we balance the tech-savvy, yet socially deficient GenZ with the socially viable, tech-deficient boomers? And what about the two generations in the middle? Today we’re going to examine each generation and look at ways you can accommodate each in an efficient manner. 1. You Think You Know Baby Boomers It’s difficult to avoid generalization when it comes to generations. A generation spans so many years, it’s difficult to […]

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Ideas for Your New Blog

If you’re not taking your passion and turning it into a blog, if you’re just blogging to start a business, there’s absolutely nothing wrong with that. Some people feel they need to be passionate about their blog before they can get started. That’s complete B.S. A blog can be a passion project. But unless you start treating it like a business, you’re not going to make any money. A blog that’s not a business is nothing more than a hobby. And while hobbies are great, they’re money pits. You need ideas. Lots and lots of ideas. Blogs are about words and ideas. And if you don’t have quality content, your readers are going to find it elsewhere. So, today I’m going to lay down all the ideas you can handle. And remember, this is just grab bag, it’s your job to jump off from here. Just let me know when […]

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Can’t Stand Retirement? Try These 7 Best Jobs for Seniors and Retirees

Imagine buying a brand new domain name for $10, then holding onto it for a few years and selling it for millions! The scenario is extremely unlikely, but it does happen. More often than not, the domain is sold for thousands, but the individual ROI on that initial $10 can be huge! Welcome to the world of domain name buying and selling. Having been making money online since the mid-90s, I’m always kicking myself at the thought of being able to get my hands on some of the best generic domains back before they were registered. Oh, well 🙂 I think it all ended up for the best so far anyway. With the discussion of domain names and high-valued tech companies always in the news, the dream of selling a domain name for a ton of money isn’t that far off — especially if you know what to look for, […]

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Making Money the Hard Way

Once upon a time, I had a crappy job, with crappy pay and no benefits. I worked third shift. I worked holidays. My life was miserable. Isn’t it funny how times have changed? I’ve made a lot of moves with my career. I’ve learned more about money in the last three years than I had in the 33 years prior. Well, guess what? Daddy has a brand new plan. In today’s post, I’m going to talk a bit about my plans and what I’ve learned over the years and how I’m implementing these lessons into my new project. Hard Work is Sometimes Necessary There is an old saying, “There is no substitute for hard work.” And sometimes this is pretty accurate. Unfortunately, I spent a lot of time working really hard and for years I had nothing to show for it. I spent 10-12 hours a day in kitchens. I […]

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Why Fortnite Works and What You Can Learn From It

Pretty much everyone is playing Fortnite. You’re probably playing it right now on your second monitor. If you aren’t, your kids are likely on their tenth match of the night. It’s so successful Samsung is including free Vbucks with the purchase of new phones. The Fortnite craze isn’t just in the US. It’s a global phenomenon. As a marketer or business owner, is there anything you can learn from Epic’s success with their latest game? If it’s making them billions of dollars, why can’t you use parts of their philosophy for your own business ventures? Read on to learn more. The Business Model Most shooter games have one thing in common. They look like shooter games. The characters run around with assault and sniper rifles. They look like soldiers. They act like soldiers. Fortnite flipped the script on this idea, instead opting for a more cartoony look and focusing on making […]

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