Money Making Ideas

Introduction When you are short on cash, look for ways to make money. No matter what, always avoid debt! It’s a lot easier to make some extra money than most people think. In this presentation we provide you several different money making ideas No matter what your unique skills and circumstances, you will find something for sure!

Introduction (Cont.) This presentation focuses on providing you an overview of several ideas Check out our site for more details Or simply use google to find more information But, DO take some action! And remember to join our newsletter for exclusive tips sent only to the subscribers!

Idea #1: Freelancing This is one of the money making ideas where you can get started right now, literally! It offers great flexibility both in terms of time and the amount of work you take on. Thanks to the Internet, you can explore freelancing in many different fields, the most popular ones being writing, web design, illustrator, accountant, etc.

Idea #1: Freelancing (Cont.) Freelancing is similar to a regular job in that you are required to have basic knowledge of the job in which you plan to work. You can’t show up to work at an accounting firm if you haven’t passed a college mathematics course. Similarly, you can’t be a freelance writer if you can’t string words together to make a sentence people will comprehend.

Idea #2: ebay It started originally as an auction site Now it is the worlds biggest virtual garage sale, a 24/7/365 shopping mall selling everything from trinkets to expensive one-of-a-kind collectibles, and of course non-stop auction — all rolled in one. With so many people cashing in on it, this may be one of the money making ideas that will work for you too.

Idea #2: ebay (Cont.) Some people think that in order to sell anything on eBay they have to have experience in advertising or marketing or running a retail business. That isn’t the case. In order to sell on eBay, you have to know how to read, have the ability to form words into understandable sentences, and know how to enter information into the appropriate box. Yeah, it really is that easy.

Idea #3: Blogging Blogging has got a lot of lip service over the past few years, probably because of the sheer number of bloggers out there. But to be honest, this is one of the hardest money making ideas to implement.

Idea #3: Blogging (Cont.) Before we get to the juicy bits, a short explanation is required. The word ‘blog’ is a slang term for two different words, ‘web’ and ‘log’. A web log is an online journal meant to keep a person’s thoughts, ideas, rants, and opinions in a place where everyone who’s interested can read and enjoy. Blogging has been around for years, and with the growing popularity it doesn’t look to be going anywhere but up.

Idea #4: eBooks I love the idea of writing and selling eBooks It is one of the money making ideas with the most potential for generating a passive income.

Idea #4: eBooks (Cont.) You need to put in some effort upfront (or spend money to outsource), to write and promote. But once the ball starts rolling, you need to do less and less, while you earn more and more. What’s not to like about that? Check out more information below.

Idea #4: eBooks (Cont.) If you want to make money writing and selling eBooks, you need to know how to write. Obviously, you cannot write an eBook that people will want to buy if you cannot string two sentences together in a way that people can understand. If writing is not your forte, don’t fret, there are people on freelance websites who would be more than willing to write an eBook for you for a fee.

Idea #5: Stock Photography Have you noticed the nice pictures on all the articles in this blog? And the images on the other successful blogs? These are not free images from flickr — I bet you can tell from how professional they are.

Idea #5: Stock Photography (Cont.) And every time I buy for one of these images, a photographer out there is making some money. Are you handy with the camera? If yes, it could be you that is getting paid, if you opted for this money making idea! Read on for more…

Idea #5: Stock Photography (Cont.) So, what will you need to begin? A high-quality digital camera. Even though you could use a basic “point-and-shoot” model, it is not recommended since these are more likely to produce photographic “noise,” meaning colored pixels appearing where they should not.

Idea #5: Stock Photography (Cont.) Stock photo agencies look closely for noise. To take pictures that sell, you’ll need, at minimum, a 5 megapixel camera; the higher the resolution, the better. A digital SLR model with changeable lenses is ideal.

Idea #5: Stock Photography (Cont.) Photo-editing software, such as Photoshop or NeatImage. You’ll need this to edit out the blemishes, and other less-than-desirable parts of a photo. A computer. You’ll use a computer to download your photos from your camera for storage, to edit them, and to upload them to the stock agency.

Idea #5: Stock Photography (Cont.) Model Release Form. No stock agency will accept photos of people unless they have signed a model release form. Since photos with people sell better than those without, you’ll want to photograph plenty of them.  Follow the instructions on your company’s website exactly.

Idea #6: Modeling Modeling has got to be one of the most glamorous money making ideas we cover. If you have what it takes, not only is it a nice way to earn some extra money, but can do wonders to your self confidence and personal image. Check out the articles in this section to see if you have what it takes, and how to get started on a shoe string budget.

Idea #6: Modeling (Cont.) Before you begin modeling, you need to build up your portfolio. Your first task will be to arrange a photo shoot. Your photos will be the best way to display your best to clients that are hiring. Have a few body shots and one headshot. Once your photos are in, choose your favorite photos from the session and print a few 8×10 photos. You may also choose a page with several poses printed on it.

Idea #6: Modeling (Cont.) Each small photo will display your picture in a variety of poses and outfits. Some agencies will request that you leave photos with them when you inquire about a modeling position. You want these photos done by a professional. You can print your resume on the back of the photos in order to promote yourself better.

Idea #7: Virtual Assistant If you have experience with administrative work, but are looking for a more flexible schedule than going to an office every day, then this may be one of the money making ideas meant for you.

Idea #7: Virtual Assistant (Cont.) Even if you don’t have a huge amount of experience, if you have the required skills, you can get started quite easily. Thanks to the Internet, virtual assisting is gaining more popular by the day. What you start now as a side income may well be your full-time income some day!

Idea #7: Virtual Assistant (Cont.) To become a virtual assistant, at the least the following requirements should be met Be skilled in providing services in a professional and timely manner Have the ability to work remotely (i.e., have a good Internet connection, access to phone and fax connection) Be fluent in English, and have the ability to communicate effectively via emails or on the phone

Idea #8: Niche Sites Doesn’t it seem like there is a website for everything you ever needed? From information about dog walking to reviews of the latest baby stroller models, there are sites to cater to your every whim and fancy. Did you ever wonder who owns all these sites?

Idea #8: Niche Sites (Cont.) With a little bit of know-how, it could be you! Just find a profitable niche and build a site around it and see why this is one of the money making ideas that has captured the fancy of so many people interested in making money online.

Idea #8: Niche Sites (Cont.) First, you’ll need to decide on a business strategy. There are two common routes to niche marketing. Some prefer to go for depth, building a content-heavy site which attracts repeat visitors. These sites require you to add content on a regular basis to build your following.

Idea #8: Niche Sites (Cont.) You’ll be able to boost your Google ranking through backlinks, and your income will come from pay-per-click ads and affiliates, but you may also get more lucrative lead-generator deals and product sales.

Idea #9: Mystery Shopping This one is one of the most intriguing money making ideas on our list. Everyone is fascinated by the idea of making money to shop! Yes, it is possible. But like with most other ideas we discuss, you need to know how to separate the what from the chaff. Read on to figure out if this is something that might work for you…

Idea #9: Mystery Shopping (Cont.) If you really want to become a mystery shopper, you’ll find these qualities advantageous as you build your reputation The ability to manage your time, money, and records effectively The ability to write clear, grammatically correct reports, using correct spelling. The ambition necessary to seek out shopping assignments, rather than waiting for them to come to you

Idea #9: Mystery Shopping (Cont.) A good memory; you can’t take notes during a mystery shopping trip A credit card; although you can usually pay for your purchases with cash or check, some (particularly those in higher-paying jobs) may be expensive. As you may have to wait a couple of weeks for your company to reimburse you, a credit card could prove useful. A computer, or easy access to one

Idea #10: Private Lessons If you are good at something, then one of the most straight-forward ways to make money from it is to teach others that are interested in what you have to offer. Find out how you can make the most from the simplest of the money making ideas that we cover.

Idea #10: Private Lessons (Cont.) In order to determine if offering private lessons is one of the money making ideas that works for you, you need to ask yourself three simple questions Are you really good at something? Can you teach it in a way people will be excited to learn? Are there people interested in learning it?

Idea #11: Flipping Websites You’ve heard of flipping real estate. But what is this flipping websites, you ask? It is one of the money making ideas that some of the folks in the “Internet generation” are into. The basics of the process is the same – except instead of real estate, you buy a virtual estate (website), jazz it up and sell it for a profit (hopefully).

Idea #11: Flipping Websites (Cont.) And just as real-estate flipping is rife with huge gotchas, so is the business of flipping websites. Yet, if you are thrill seeker with only very little start up capital, this one may be perfect for you.

Idea #11: Flipping Websites (Cont.) You can enter the world of website flipping via one of two doors. The first, most expensive, is to go out and purchase under-performing properties on sites like Flippa.com. If you have a good eye, you may be able to find a deal.

Idea #11: Flipping Websites (Cont.) However, as site flipping becomes more popular, people are less likely to undervalue their work. It’s not unusual for sites to be listed at 10x their average monthly income, just as a bricks-and-mortar business might be.

Idea #12: Selling Crafts and Art Can you whip up creative masterpieces without batting an eyelid, but shiver at the mere thought of marketing it? We’ve got you covered. In this section we will show you how you can make money by selling your crafts and art, so you can turn your talents and hobbies into brilliant money making ideas.

Idea #12: Selling Crafts and Art (Cont.) The crafting world is so varied, it’s impossible to provide one solid start-up figure. Yours will depend upon your materials cost–less for the knitter, more for the metal smith, for example. Other than materials, your primary cost will be for your online venue.

Conclusion When you are in a tight money situation, always look for ideas to make more money instead Even though it may seem at first that you just can’t earn a penny more, you may be surprised and how much you can actually make Learn more on our site: Grad Money Matters