Ranking the 34 best ways to make money with YouTube

$500 million. That’s how much YouTube darling and beauty blogger Michelle Phan is worth. (1)

For some perspective, that’s more than 3 times the net worth of Hollywood sweetheart Jennifer Lawrence. (2)

You’re probably here because you’d rather stack that paper using a mediocre webcam from the comfort of your own home than go to thousands of auditions in hopes of maybe scoring a role…and then even if it’s the lead in the Hunger Games, you still won’t make as much money as a girl who sits at home putting makeup on in front of her mediocre webcam.

That’s the internet, folks. The earning potential is infinite.

Be sure to check out the best ways to make money fast, the best ways to save money, and the best online business ideas.

34. Track analytics

Trying to make money online without tracking analytics is like practicing 3 point shots and then closing your eyes every time before the basket reaches the hoop.

YouTube Insight is a great analytics tool, and websites like Social Blade will track and deliver your YouTube analytics, helping you figure out how to decipher them. (3) (4)

33. Get a mentor

If you’re trying to make it to Michelle Phan status, you should start with talking to people who have already done it. There are tons of communities out there dedicated to social media marketing and blogging, and even some that are dedicated specifically to YouTube.

YTalk is probably the biggest one, and it’s a great place to ask questions about YouTube and get tips from the pros. (5)

32. YouTube partner

The most obvious way to make money is to join YouTube’s partner program. To qualify, you need at least 10,000 lifetime views on your channel. (6)

Your content does have to be advertiser-friendly (no violent content, graphic language, overly political content, sexual jokes, etc), which might limit a lot of people.

But if your content passes their guidelines, you can make money in several ways:

• Ads – Display, overlay, and video ads.
• Channel memberships – You can offer special perks to your viewers in exchange for a set monthly payment.
• Merch shelf – Sell your own branded merchandise on your YouTube account. See #12 for more information.
• Super chats – Your viewers can pay to have their comments pinned to the top of a live stream or chat stream for a set period of time.
• YouTube Premium Revenue – You earn a portion of the subscription fee for each YouTube premium subscriber that watches your videos.

Try to use all these for the most earnings.

31. Manage YouTube accounts

Know your way around a YouTube channel, but don’t want to start your own? You can manage other people’s YouTube accounts for pay. You’ll basically do everything you’d do if it were your own channel without having to come up with a channel idea.

In fact, you could strike out as a freelance YouTube account manager if you find managing several different YouTube accounts fun.

30. Animated videos

Childhood in 2017 mostly means zoning out in front of your mom’s cell phone while YouTube shuffles from one bizarre, poorly rendered animated video to the next. Kids YouTube has over 8 million weekly users, and kids don’t really care about quality, so it’s a good place to churn out crap content for easy money. (7)

The channel is full of these easy to make, auto-generated animated videos and songs that use SEO-packed titles. GTA V is the software most use, and the videos made with it generate views in the millions. (8)

29. Speaking engagements

Beginning public speakers can rake in $500 for one engagement, and once you’ve got some experience and a name built up, $5,000 or even $15,000 checks are not uncommon. (9)

You can sell yourself as a public speaker even before you’ve got followers in the 6-figures. Even 5 or 10k is social proof that people like hearing what you have to say. Put together a media kit with your best videos and your analytics, then pitch it to relevant event directors.

28. Software tutorials

Use a screencast software like Screencast-o-Matic to record your computer screen, and give tutorials of the latest, most popular software programs. (10) Terry White posts Adobe Creative Cloud tutorial videos on YouTube and has almost half a million subscribers. (11)

If you’d rather not compete with the hundreds of Photoshop and InDesign tutorials, pick more niche but still widely used software. Personally, I’d go with something B2B like SalesForce.

27. Tech reviews

People like to watch products in action before buying, so if you’re a techie and you’re good at explaining complicated things simply, you should start a video reviewing new pieces of technology.

As with anything, niching down will make you the most money. Computer stuff, video game consoles, photography gadgets, smartphones, etc. Put affiliate links for the products you review and you’re set.

26. Fitness videos

Fitness videos are big on YouTube because people like seeing exercises in action. That said, the competition is fierce, so you need a convincing “fitness motivation” type of story to connect with viewers.

If your channel is a hit, you can use it as a launchpad for your own personal training business. Write some workout and/or diet programs and sell ’em to your viewers.

25. Music-related videos

With YouTube, you can make musician-level money without being a famous musician a few ways.

One way would be to make YouTube video lessons on a musical instrument, probably the guitar. Marty Schwartz, a popular YouTube guitar instructor, makes multiple six figures a year thanks to his YouTube guitar lessons and online courses. (12)

Your other music-related niche option is song covers. There are YouTubers making tons of money by reimagining a song in a different genre (like making a heavy metal version of a pop song), doing acoustic covers, etc. If you’re skilled in a certain genre or are great at a weird instrument, you can carve out your own cover video niche.

Lastly, you could just make your own music. That method might be more difficult than just covering popular songs, though.

24. ASMR Videos

ASMR (Autonomous Sensory Meridian Response) is a nice-feeling tingly sensation in your scalp as a result of hearing certain sounds and seeing certain actions, usually of a calming nature. (13) On YouTube, so-called “ASMRtists” rake in tons of money by brushing the camera, tapping on objects, crinkling tinfoil, and doing “roleplay” videos (no, not like that).

This niche is poised for growth. Only recently has this phenomenon caught the attention of researchers and gone mainstream, so there’s plenty of time to get in on the ASMR ground floor.

Yes, you’ll most definitely feel weird talking to and brushing your camera, but it’s an easy way to make money on YouTube.

23. B2B videos

If it were me, I’d head straight for the businesses with my target audience. B2B is where the money is at, and having businesses as a client base opens up the door for you to sell consulting services to a built-in audience.

Make videos with business-focused software tutorials, business consulting, or accounting advice, for example. Offer value upfront, but hold a little back so you can upsell.

22. Info products

Base your channel around teaching others some skill you have to. Provide value upfront with free YouTube videos and grow your subscriber base into the thousands.

Then, just like you’d do with a blog, create an info product to sell to your audience and generate passive income. A video course is a good idea since you’re already on YouTube.

Hey, you could also make a “how to grow your YouTube channel” type course once you hit it big on YouTube.

21. Use YouTube to bring leads to your business

A lot of businesses use blogs to build a loyal customer base, but you could do the exact same with YouTube.

You could make videos providing helpful information, showing off your product or service, demonstrating your expertise in your field, having customers give testimonials about your product or service, maybe even host a live stream for a product launch or a webinar.

20. Premium content

Reel them into your channel with videos so baller they’ll pay for more. You’ve really got to be on your A game for this one because people are used to free content, but premium options are one of the most easily scalable ways to monetize an online platform.

You can sell on-demand videos on websites like Yondo, and you don’t even have to share revenue. (14)

19. Keyword research

If you’re good enough with metadata, you can figure out exactly which keywords are going to be the most lucrative and least saturated.

To get started, YouTube’s Creator Playbook explains how to create and interpret your own metadata. (15) Optimize your videos for search accordingly and watch the ad money come in while you sleep.

18. Sell subscriptions

It’s free to subscribe to a YouTube channel. But if you build a dedicated fanbase there first, you can start moving some of your content over to Viddler, a video platform in which users pay to subscribe to their favorite channels. (16)

This works best for YouTubers with consistent, regular content such as comedy sketches, web series, or talk shows.

17. Book deal

Are you really an internet celeb if you don’t have a book deal? Everyone goes this route eventually, and for good reason – although not necessarily just money.

According to publishing agency Macgregor Literary, the average first book deal pays an advance of around $5,000 to $15,000. If you have a huge following already, though, it could pay $50,000 or more. (17)

16. Beauty blogger

Michelle Phan, the bonafide queen of YouTube, makes $17.1 million per year off her beauty and skincare videos. (18)

It’s a market with low start-up costs and huge payoffs for the right personality (aka face). It’s easy to combine YouTube and Instagram for multiple income streams here. But it’s also saturated and competitive. My advice: find a niche. Yes, a niche within the niche of beauty.

15. Fan funding

Youtube has a fan funding function that basically lets you make a tip jar for your videos. Make it rain. (19)

Patreon is a great platform too. Fans can subscribe to you for a monthly fee ($1, $5, $10), and in return, they receive exclusive content. (20) But you have to already have a loyal following for this route to work.

14. Consulting

Consultants make bank. You can easily top 100 grand a year doing this. (21)

The hard part is getting to the point where people trust you enough to drop 5-figures for your advice. For that, you need to grow a solid following and offer proof that you can help them do the same. Something you can do by making YouTube videos with value-packed free content for your viewers.

13. Sponsorships

In the age of social media, when something becomes popular, there’s a 95% chance that influencer marketing is secretly the reason. At 5 to 10 cents per view, even a small-timer can bring in $500 for a video. It’s good money for minimal work.

How do you find a sponsor? There are online marketplaces for it. Check out Grapevine Logic, Famebit, and Channel Pages. (22) (23) (24)

12. Brand swag

Not great for a main stream of income, but easy side money if you get a fanbase. Start up an e-commerce shop, hire some freelancers on Fiverr to draw up some designs, find a dropshipper to print and ship your shirts. (25) Voila, let the orders roll in and never even touch the product.

YouTube actually has a partnership with Teespring that lets you create your own branded shirts on Teespring and advertise them directly on your YouTube video descriptions if you have at least 10,000 subscribers. (26) Pick your price, set up the shelf, and watch your subscribers buy your branded clothing.

11. Video gamer

Remember that kid in high school who wanted to be a professional video gamer for a living? You laughed at him then, but now, he might be getting rich on YouTube.

Millions of people will sit on YouTube and watch you play Minecraft for hours. Proof: Skydoesminecraft nets $1.7 million a year through YouTube, and he’s not even the biggest out there. (27) Stampy Longhead makes around $6 million/year. (28) PewDiePie has somehow managed to make $15 million in a year and still regularly pulls nearly a mil a month on average. (29)

Not every video has to be of you gaming if you’re really into the expanded universe of a video game. There are tons of Star Wars and Halo YouTubers, for example, who get hundreds of thousands of views on videos simply discussing the lore and background story stuff in the Star Wars and/or Halo universes.

10. Comedy skits

This is another popular genre, and it’s fun. BarelyPolitical, a variety show on YouTube filmed out of an office building, makes about $1.4 million/year. The hit TV show Broad City actually started as a YouTube web series that eventually landed a Comedy Central deal.

Although after you factor in costs, like paying all cast members, (they have around 12), set, costumes, etc, the total payoff seems lower. (30)

9. Affiliate marketing

Affiliate marketing is another one of those monetization methods that’s probably not going to get you rich but is an incredibly easy side hustle. Click Bank pays out commissions of anywhere from 1-75%, and Amazon’s popular affiliate program pays out 10% commission. (31) (32)

You can find even higher commissions as an affiliate for certain courses or info products.

Place your affiliate links in your video descriptions, pin a top comment with your most lucrative video-relevant affiliate links, and put them on your channel page too.

8. Toys

Remember what I mentioned about Kids YouTube being a literal gold mine?

From toy collectors to people playing with toys, a lot of the most wealthy YouTubers have accounts that revolve around toys.

Combine the fact that 8 million users get on Kids YouTube per week with lucrative toy company contracts, and you’ve got people like Blucollection netting $12.7 million/year. (33)

7. Brand partnerships

Think sponsored content, but instead of getting paid big money for one video, you’re getting paid big money every time you make a video. Just to name drop.

Jenna Marbles, YouTube’s darling, nets $4.6 million/year. A lot of that is for her massive subscriber list, but it’s also because of brand partnerships with Xfinity and Sirius-XM radio.

6. Cooking

The guys from EpicMealTime make around $3.1 Million per year. (34) To eat fast food.

The trick with food and cooking channels, though, is you’ve got to make it unique. EpicMealTime invented fast food lasagna – about as unique as it gets. And they have a clear target audience: stoner bros.

Narrow into a niche that isn’t overdone and you could be looking at all kinds of sponsorships, book deals, and even TV deals.

5. Start a blog

Pairing vlogging and blogging is a natural progression. These are two income streams with huge flexibility and earning potential. Monetize them both, funnel traffic between them, and you can double your money.

4. Crowdfund a project

Got an idea you’re sure would net you good money but don’t have the start-up cash? YouTube is a great crowdfunding platform.

Create a relevant channel and build out a decent following. For example, you want to build an app in the online dating space… start an online dating advice channel. Once you’ve got a following, shoot a baller viral video that explains your crowdfunding campaign and links to a Kickstarter page. This video can double as the intro video on your Kickstarter too. (35)

3. Travel web series

“Get paid to travel the world!” You’re probably sick of seeing this plastered all over the web, right?

Travel is a seriously saturated market. But, it’s also filled with mediocre content and people who quit in the first year.

If you can push through and build a name for yourself in the travel space, it has some of the best perks of any niche. All-inclusives in the Caribbean, first class tours of the south of France… all free AND you get paid to do it, as long as you vlog it. With locations that stunning, it shouldn’t be hard to make a solid video.

2. License your content

If you’re creating viral videos, chances are media outlets, TV news, and online conglomerates are going to want a piece of that viral action. You can actually license out your video to them for a fee on websites like Jukin Media. (36)

How do you go viral? There’s no guaranteed formula, but there is a formula. It needs to be short and attention-grabbing. It has to do something completely original. It should be either hilarious, shocking, or insanely useful. Finally, videos don’t catch fire in a vacuum. Promote.

1. Lead generation for local businesses

Getting rich and famous off YouTube sounds easy enough…laptop + webcam + charismatic personality. But for every YouTube celeb you can name, there are thousands upon thousands of equally charismatic and talented YouTubers who never made it past 1,000 views.

I’d rather not leave my success up to chance or a fickle fanbase. I push this one a lot, but that’s because offering SEO and lead generation services to local businesses is the most consistent way to make good, scalable income online.

In a nutshell: you learn SEO (yes, there is a formula), you pick a niche and a location (selling limo service in Springfield, Illinois is a lot easier than competing with millions and millions of YouTube creators), you capture leads. Once you turn around and go to an actual limo service business with those leads, you’ll see what I mean about consistent and scalable cash. Companies will pay an arm and a leg for a fresh stack of leads.

via https://mlmcompanies.org/make-money-with-youtube/

Ranking the 36 best ways to make a million dollars in 2019

So, you want to be a millionaire? I’m guessing that’s how you ended up there

You could try answering a bunch of trivia questions from Regis Philbin and hope your phone a friend doesn’t fail, or you could go out and buy a lottery ticket. But both of those methods are for betas, because they rely on pure chance instead of skill or hard work.

The truth is, t’s actually not that hard to make your first million. You don’t have to be a genius, and you don’t invent something totally new. The best things were just a brilliant repackaging of something that already existed (iPod, anyone?).

The key is starting something for yourself. You’re never going to hit a 7-figure salary in your day job, but at least you’ve got a chance as an entrepreneur. Experiment, and once you find something that works, scale up. Thanks to the internet, it’s easier than ever to make lots of money fast. See also: the best ways to save money, the best tips for starting a business, and the best online business ideas.

I’ve ranked the top 30 ways to make your first millie by how much time they take and how passive they are, because we all know making money while we sleep is #goals. Preference is given to anything digital, because making money in the Bahamas is also #goals.

36. Invent something

Thanks to the metropolis of money-making opportunities that is the internet, you don’t even need to have the capital to manufacture anymore. Websites like Quirky will do all the work for you from manufacturing to marketing to sales — all you have to do is submit an idea that’s good enough to get chosen. (1)

With 30% royalties, invent a $40 product that sells at least 83,334 units, and you’ve got 7-figures of pure profit. Wild world.

35. Pet services

Americans love their yappy little poodles more than ever right now. By 2019, experts predict that the pet industry will hit $92 billion. (2)

If you live in a big city with lots of rich people willing to shell out the big bucks for someone to make sure their beloved Fifi gets the royal treatment while they’re on vacation, you can make good money. Build up lots of clients, hire a few high school kids and pay them minimum wage. Get more clients, hire more high school students. Skim profits off the top and relax while your $$$ stacks itself.

34. Admissions coach

Rich people will also pay big bucks if you can help them get their kid into an Ivy League…families pay upwards of $42,000 for an admissions coach to help their kid ace the SATs, write a good entrance essay, and nail their application. (3) This can also be done virtually.

With clients paying $50 grand/head, you really only need a handful of clients each year to make a million within 5 years.

33. Index funds

Warren buffet agrees, and he’s a billionaire: index funds are the best investment. They’re passive, you don’t have to pay outrageous fees to an investment manager, and they have great returns. In one study, they averaged an 8.5% return, higher than managed funds and hedge funds. (4)

Even with no savings to invest right now, that return would give you $1,000,000 in 20 years if you invested $1,587/month. You will need to really up your savings game and it will take a couple of decades to pay off, but still, those are monster returns.

32. Food truck

Food trucks are fire right now. Even with government red tape and regulations, the food truck industry has been growing at a steady 7.9% since 2011. Most good industries grow at about 2-3%/year. (5)

Use this low-cost investment to get some buzz and work out the kinks in your business. Once you’ve built a brand, expand to a full-blown restaurant. Rinse, wash, repeat with a second location and eventually a third.

31. Winery

We’re in the golden age of American wineries. The U.S. is the leading global consumer of wine, California wine sales are breaking records year after year, and wine sales in the U.S. are up to a whopping $60 billion. (6) As a country with plenty of unused potential farmland, you can have your pick when it comes to starting a vineyard.

30. Sell ad space

I wouldn’t usually recommend selling ad space as a way to get rich, because it’s just not an effective use of your time, and time is money.

But 21-year old Alex Tew has a pretty genius idea when he created the Million Dollar Homepage and went viral. Basically, he sells 1-pixel ads for $1/piece on a site with 1,000,000 pixels of ad space. (7)

29. Crowdfunding

If you’ve got an idea for a company and think there’s a market for it, try crowdfunding the idea on Kickstarter or a similar website. You’ll quickly make that million if it’s popular.

Of course, you won’t pocket that million. But if people were willing to invest millions into your idea, they’ll likely buy your products too.

28. Binary trading

This teenager from England himself binary trading while working at McDonald’s and used it to put us all to shame. He became a millionaire before age 20 and now drives around in a gold Bentley to soccer practice. (8)

Binary trading is one of the easiest financial assets to trade. It’s a yes or no bet on whether or not a certain asset with reach a certain price by a certain time (will the price of gold be below $1,350 by 2pm today?). All you do is pick yes or no. But it’s like craps…you can win big fast, but you can lose even bigger.

27. Weed farming

#Legalization has made the marijuana industry has become one of the most profitable in the country. Even if you start as a farmer picking leaves to learn the ropes, you can make a generous $35/hour ($70k salary farmers? Only on weed farms). Work your way up and then start your own farm.

26. Weed dispensary

Another way to cash in on the legalization wave is to move down the supply chain and open a marijuana dispensary.

Now, opening a dispensary isn’t easy. There are a lot of legal hoops to jump through, and they vary from state to state. Plus, you’ll need a business loan unless you have a lot of cash lying around.

Expect dispensaries to be much easier to start in the future as legalization spreads throughout the country.

25. Real estate

Real estate is one of those opportunities that really has no ceiling to how much money you can make (although that also means there’s no floor). While the median income for real estate agents is only about $54,000/year, if you look at the Wall Street Journal top 1,000 agents, you’ll see that the top real estate agent in the country grossed $1,400,000,000 in sales last year…that’s billion, with a B. The 250th ranked agent sold $60,000,000. (9)

That’s sales, not profit, but at an average commission rate of 3%, even the 250th ranked agent profited well over $1 million for the year.

24. Microbrewery

The craft beer industry is exploding all over the country. Sales of microbrews in the U.S. have grown 15-18% in the last few years compared to the 3.5% growth rate regular beer companies have seen. (10)

If you’ve had success with your home brewing kit and are ready to take it to the next level, open up your own local brewery.

23. Online poker

Sure, it’s a legal gray area, but it’s one of the few gambling methods that involves real skill. If you’ve got some math skills, you can learn how to give yourself an edge and turn $10 into $1,000,000 over time, all from your laptop. Or, if you get good enough, there are live poker tournaments that offer a $1,000,000 cash prize or even more.

22. Start a cryptocurrency IPO

How many times a day do you kick yourself for not investing in bitcoin back when it was worth $1 instead of $6,000+?

Well, now you can just start your own cryptocurrency, funded by an ICO (Initial Coin Offering). This is how Eretherum, one of the biggest cryptocurrencies aside from Bitcoin, started.

These days, your cryptocurrency does actually have to do something valuable. People don’t tolerate pump and dump schemes anymore, so make sure it has some sort of underlying value to it.

21. Network marketing

I know I talk a lot of crap about 3-way calls and Facebook harassment, but the fact is, network marketing is a good way to strike it big… if you can push your way into the top .001%.

If you’re really set on doing MLM, I suggest you pick one with a product you already use and love because knowing and being passionate about the product makes selling it easier. Also, lose your shame.

20. Subscription boxes

Birchbox, Dollar Shave Club, and snack boxes to Netflix and Spotify, subscription services are the future. By charging people monthly, you can get away with making a lot more than you would otherwise – what sounds better, shelling out $120 for a year’s worth of services, or paying $10/month?

Pick a targeted, niche product that’s cheap. People rarely pay over $9.99/month, and that’s for a service like Spotify that gives them access to just about every song ever, so think $4.99/month or less.

19. Etsy seller

Find cheap trendy stuff and sell lots of it. The number 2 seller on Amazon, Three Bird Nest, nets about a million every single year from her sales. (11) She markets her T-shirts, scarves, and hats as boutique and handmade, but in reality, she buys most of them off wholesale sites in Asia like Alibaba. She resold a pair of lace socks for $28/each that go for $6/each wholesale. Genius.

18. Angel investor

If you have a little start-up money, consider using it to invest in a promising new start-up. It’s risky, but start-ups grow like a forest fire when they’re good. If you have an eye for tech trends, this could be a money maker for you.

Do it right, and you have the potential to see a huge ROI, while barely having to do anything. Take that profit and invest in 2 start-ups. Repeat.

17. Teach online

Teachers aren’t known for making good money, but thanks to the internet, anything is possible. Online education is set to generate over $240 billion in revenue by 2021. (12)

But you aren’t going to get rich by tutoring people one-on-one online. The money’s in online courses because they’re so scalable.

A high school math teacher even quit his day job after making over $1 million in under a year from the programming online courses he created. (13)

16. Be a Landlord

Buy a property and raise the rent each year (with skyrocketing rent prices in the U.S. and scarce rentals, tenants will pay to stay). If you’re in a hot area, it’s not uncommon to increase rent by 10% or more each year.

Meanwhile, the average interest rate on a mortgage is about 4%. Use your profits to hire people and then buy more property (apartment complexes make bank). (14) Rinse and repeat, and you’ll have yourself a real estate empire.

15. Life coaching

Life coach sounds like a made-up job, but if you can brand yourself as a thought leader and reel in high-end clients, you can charge insane amounts of money. Think 5-figures for one package, 6-figures for one speech at a major event.

My advice? Pick a real specific niche, one that’s not too saturated, start a killer blog, build your LinkedIn presence, and write guest articles for major publications. Write a couple of best-selling books on Amazon and get some big-name endorsements. Done.

14. Gaming

Instead of making the next smash hit video game, you can make tons of cash by playing today’s favorite video games. You can make decent cash playing in eSports tournaments, but the real money’s in streaming and YouTube videos because they’re passive income sources.

Look at Ninja, who makes half a mil or more a month streaming on Twitch (not to mention his own YouTube videos). (15) Or Pewdiepie, who’s amassed a net worth of about $30 million, which all started with gaming. (16)

13. Consulting

You can go one of two ways with consulting: starting at a consulting firm (for the more career-oriented) or doing freelance niche consulting (for the more entrepreneurial).

For the first path, you’d want to start at a top 5 consulting firm like PriceWaterhouseCooper or McKinsey. Start off making at least $70,000 per year, then work your way up to senior level to pull in multiple six figures per year.

Gain enough experience, then leave the firm and launch your own consultancy.

As for the other consulting path, acquire a niche skillset (it can be almost anything, as long as there’s demand) and market yourself as a consultant for that niche. Without a track record, your earnings will depend on the results you deliver. Work hard, and your earnings will reflect it.

12. Investment banking

Investment banking is by far one of the highest-paid professions in the world. Entry-level investment bankers start just a little under six-figure salaries, but by the time they make it to VP status, they’ll easily be making a 7-figure salary.

Investment banking isn’t exactly easy to get into, requiring a finance degree with great grades. And once you get there, you’ll be working way more than a normal employee in another industry might work. Many entry-level investment bankers work 90-100 hours per week for long stretches throughout the year, so be ready to hustle.

11. Dropshipping

This is another saturated market, but if you manage to claw your way to the top 1%, you can bring in 5-figures while you sleep.

Some of the best dropshippers gross millions in sales every single month. Unfortunately, 9/10 of dropshipping websites don’t even make thousands, so be prepared to work and to fail a few times.

10. App development

If you’ve got some coding skills, create the next Angry Birds. Actually, you don’t even have to do that to make 7-figures. Sell your app for $2.99, you keep 70% profit, so that means you’ll only need to sell 477,000 to be a millionaire. Plenty of apps sell over 500k+. No need for it to be a massive mobile gaming hit.

Alternatively, you could make a free-to-play mobile game with in-app purchases and ads. Candy Crush, that silly little Bejeweled clone, brought in nearly $1 billion in only one year between July 2017 and July 2018, quite a lot for a free game. (17)

9. Youtube videos

Remember ‘Gangham Style’? It’s hard to forget, unfortunately. But that video earned the creator, Psy, $8 million on YouTube alone. (18)

YouTube’s average CPM (cost per mille, or payment per 1,000 views) is reported at $7.60. (19) So, a video with a million views (which is difficult, but definitely do-able) would net you $7,600.

To net a million bucks, you’d need to make 130 videos with a million views. When the videos scoring 7-figure view counts are things like “satisfying sounds”, it can’t be too hard, although you’ll have to set yourself apart from all the noise in some way.

8. Digital marketing ad agency

Lots of money to be made running ad campaigns for businesses. It’s simple: run Facebook or Google ads for businesses, make them a profit, and they’ll pay you handsomely for it.

When you’re raking in the cash, hire people to do all the work for you, while your focus on acquiring more clients. Soon enough, you’ll be pulling in plenty of money.

7. Self-publish on Amazon

Amazon bestseller Amanda Hocking was selling 100,000 copies of her books per month, so it didn’t take her long to hit a million in sales. If you sell a self-published book on Amazon for $2.99, you get to keep 70% of the profits. That means you’d have to sell 477,783 to make a million.

You don’t even have to write the book – pay a ghostwriter to write a series of juicy romance novels or cheesy mysteries and then flex your marketing skills.

6. B2B services

People have limited money to spend, but marketing to companies gives you access to deep pockets. You’re raking in huge dollars if you can help them with their bottom line.

Find a service you can market to other businesses and do it. A recent study showed that B2B digital entrepreneurs are hitting 5x the revenue growth of their B2C peers, so this is a wagon you want to hop on. (20)

5. Affiliate marketing

Stack that cash while you sleep. Online shopping is rapidly growing in popularity by the year. (21)

Affiliate marketing is an easy way to get a piece of the pie, because you don’t even have to stock up on merchandise or process orders. But margins are low until you hit huge traffic numbers, and the field is crazy competitive because everyone and their mother wants to do it.

Stand out above all the noise by writing quality content about your affiliate products and hanging in for the long term, and you’ll make the money.

4. Content farm

Content marketing is still the It Girl of sales and marketing, and it’s on track to bring in $313 billion by 2019, according to PQ Media’s Global Content Marketing Forecast. (22)

I’ve talked before about how you can make good money whipping up epic content for small to medium-sized businesses, but if you really want to blow the roof off of your earnings, build up a list of dozens (or hundreds) of clients, hire up a bunch of promising content writers on Upwork for cheap, and rake in the profits.

3. Instagram influencer

If you’ve got some style, design sense, and social media skills, this is one of the easiest ways to hit 7-figures.

You have to build up a 6-figure following, but once you do that, you can rank in thousands of dollars per sponsored post. Post one photo a day, and you’ll have a million in under a year.

What can you be an influencer for? Anything, really. From fashion, to lifestyle, to books, to cars. Monetize your passion as an influencer.

2. Start a blog

The Huffington Post started as a blog. So did Mashable, Tech Crunch, Engadget, and hundreds of more websites that today have massive followings, full-time staff, and ad revenue in the millions. Arianna Huffington went on to sell The Huffington Post to AOL for $315 million. (23)

Plenty of regular old John and Sallys are hitting the million-dollar mark and retiring at 35 thanks to blogging as well, despite the cries of “blogging is dead!”. Just run an internet search for “list of blogging income reports” to see what I’m talking about.

1. SEO for local businesses

There are probably a million ways to make a million dollars, but there’s no money-making path more certain and stable in the online world than providing services for local businesses. Offering SEO for garage door companies in Madison, Wisconsin cuts your competition down to a few people instead of the few million you have to compete with on the global internet.

SEO is easily the most important and challenging aspect of any local business. If you can do that for them and hand over fresh leads from people ready to purchase, you’re basically handing them wads of cash. In return, they’ll pay you a pretty healthy cut.

The best part? Once you’ve got your site up and running, it collects leads for you, so you get paid while you’re playing NBA 2K17, while you’re on vacation, and even while you’re sleeping. That’s the dream, right?

via https://mlmcompanies.org/make-a-million-dollars/

Ranking the 41 best ways to be successful in 2019

You’re probably here because you’ve been dreaming about a new life… but instead of creating it you just keep passing out and waking up to the same life every day.

Burn your vision boards and trash your bucket lists. Drop the get-rich-quick schemes and “get skinny while eating pizza all day!” diets.

There’s no magic to success. It’s hard work… but that’s not all it is (although you do need to stop being lazy).

It’s about smart work. You know the old saying “80% of your success comes from 20% of your efforts”. Being more successful is about working toward your goals in a smarter way so that all of your efforts lead to success and you have more time to live your life instead of wasting away in an office.

For similar articles, check out the best online business ideas, the best small business ideas, and how to start a business.

Travel bloggers, 25 year-old CEOs, and stay-at-home-moms making six figures. It’s never been easier for just about anyone to achieve their wildest dreams. This list favors means to success that are digital, automatable, and scalable, because that’s how you squeeze the most success out of your efforts.

41. Take action now

If you want to make a change, start by taking action right now (well, after you finish this article). If you’ve ever read The Confidence Code by Claire Shipman and Katty Kay, you already know that taking action is the #1 difference between people who have confidence and people who don’t. (1)

Put down the self-improvement books and blogs every once in a while. Doing something, ANYTHING, even if you fail, will help you build the belief in your ability to succeed.

40. Quite chasing shiny objects

While you’re out there taking action, make sure you focus on one thing at a time. Too many people make absolutely no progress because they start on their cool new business idea, give up when the novelty wears off, then leap to the next cool thing.

Folks, success isn’t easy to come by. If we’re talking business have to pick one business idea and go all in on it, even when it starts to become mundane. Otherwise, you’ll never taste success.

39. Get new friends

We’ve all heard it before: “if you want to see who a person is, look at their friends.”

You don’t have to drop your old friends, but you should be looking for new ones who live their lives the way you want to. Surrounding yourself with successful people is the single most underrated key to success. You might even persuade your old friends to join you on the journey to success.

38. Develop grit

Angela Duckworth, professor of Psychology at the University of Pennsylvania, studied everything from West Point cadets to high power salespeople to national spelling bee competitors to figure out the number one predictor of success in all of these different contexts. Intelligence? Nope. Good looks? Social connections? Nope. (2)

Grit. What Duckworth defines as a combination of passion and perseverance for long-term goals is actually far more important than talent. And unlike IQ, it can be learned over time.

37. Network, network, network

When a high profile exec is flipping through hundreds of resumes, emails, and business pitches every day, connections are the only way to make sure your name stands out. Start by using social media (Twitter, Facebook groups, and LinkedIn are great for this) to engage with people in your industry.

36. Get out of your comfort zone

They say that life begins at the end of your comfort zone. Get used to being uncomfortable because staying inside your comfort zone will doom you to a life of mediocrity.

How do you get out of your comfort zone? Do something minorly uncomfortable (but socially and legally acceptable) every day. Being uncomfortable is a sign you’re growing.

35. Get a daily routine

Now I’m not talking about going back to that 9-5 BS, but sticking to a daily routine that promotes good habits is the foundation for building bigger habits for success. Even the smallest habits, like waking up a little earlier or meditating before bed, can totally change your life.

According to Business Insider, one of the most popular habits among highly successful people from business mogul Kat Cole who became VP of the Hooters corporation at age 26 to Huffington Post founder Ariana Huffington is about as simple as it gets: drink a glass of water every morning when you wake up.

34. Get in shape and stay healthy

Hit the weights, run on the treadmill, ball on the court. Whatever you do for exercise, being fit gives you more confidence, more energy, better health, reduces stress, releases those feel-good endorphins, and it makes you look good, all of which can contribute to your success in a big way.

Plenty of rich and successful people would agree with me. (3)

33. Vet your social media feeds

Good chunks of many social media feeds are people complaining about whatever they can complain about, or showing off the highlight reels of their life. Unfollow all these people and replace the negativity by following people you look up to or strive to be like (aka successful people). You’ll get plenty of motivation and education delivered straight to your timeline every day.

It’s similar to surrounding yourself with successful people, just with your social media.

32. Don’t be afraid of failure

Part of being successful is failing a bunch of times. If you’re scared of failure, you’re never gonna get anywhere. Instead, you gotta think of failure as a chance to learn something.

It goes back to the tip at the top of this article. Don’t wait around. Act, fail, brush yourself off, and try again.

31. Trash bad habits

According to Marketing Strategist Jerome Knyszewski (4), the two most important bad habits to avoid if you want to be successful are saying yes when you should say no and not planning for the future.

While you’re at it, quit smoking, throw out the junk food, and limit yourself to one hour of TV per day.

30. Improve your emotional intelligence

Emotional intelligence is the ability to understand your own and other people’s emotions. Having a high level of emotional intelligence is an asset to your success because you can understand and control your emotions well. Plus, emotionally intelligent people know how to empathize with other people, which is obviously important to creating professional relationships with others and building your network.

29. Sleep well

The most important habit to break? Quit skipping sleep. Studies show that a single night of poor sleep affects your entire work week, and the problem of bad sleep among the U.S. workforce costs our country a collective $411 billion per year. (5)

According to Harvard Medical, you should sleep for at least 7 hours, maintain a regular sleeping schedule, create a relaxing bedtime routine, avoid stimulating food and drink in the evening, and exercise regularly for optimal sleep conditions. (6)

28. Set SMART goals

We all know it’s important to set goals, but writing vague things like “get rich” and “be happy” up on your dream board aren’t going to get you anywhere.

S.M.A.R.T. goals are used by everyone from Fortune 500 companies to MIT, because they work. Make sure your goals are: specific, measurable, achievable, relevant, and time-bound. (7) So, instead of “get rich”, write something like “make over $70,000 in 2018”, or “average $6,000 per month in 2018.”

Another piece of advice? Break these S.M.A.R.T. goals down into smaller “bite-sized” goals. Keeps you motivated when you’re hitting goals on a regular basis and before you reach that big goal.

27. Just say no

Steve Jobs was no tech genius. But he said that the one thing that made him stand out from other people and helped him succeed was an ability to focus.

According to Apple’s co-founder, focus is all about saying no. “People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying ‘no’ to 1,000 things.” (8)

26. Quit seeking external validation

You aren’t going to get very far if you have to ask everyone around you if they approve of your ideas or actions. After all, you can’t please everybody.

Just get to work and find success in your own way. If you feel like you’re doing it right, you don’t need someone else to tell you you’re doing it right (barring your mentor, of course).

25. Growth mindset

Adopting a growth mindset means recognizing that we not fixed and are all capable of growing and changing, of shedding old habits and adopting new ones, and of learning to be successful. That person who always has “bad luck” keeps failing because they believe that those failures are an innate, permanent part of who they are, whereas the successful person sees those failures as an opportunity to change and grow.

Stanford psychologist Carol Dweck explains that the growth mindset means believing “that a person’s true potential is unknown (and unknowable); that it’s impossible to foresee what can be accomplished with years of passion, toil, and training.” (9)

24. Self-improvement

In order to act on that growth mindset, successful people regularly engage in self-improvement. They read on a daily basis (kudos for reading this post today, cross that one off the list), they learn new skills, they identify their faults and weaknesses and foster their strengths.

Instead of wasting your spare time on activities that provide no return, like binge-watching Netflix for 6 hours or hitting the bar every weekend, use that time to get ahead. Read a book, take a course, hone your skills, work on your business, etc.

23. Celebrate your wins

Working hard is important, but you can’t be “on” all the time. Take a break to celebrate your wins. Not only will it keep you motivated and looking forward to accomplishing the next goal, but taking a break to do whatever you want every once in a while helps you recuperate so you can attack your work in full force.

22. Get a mentor

Ramit Sethi schools us in “Why Successful People Don’t Want to Mentor You.” (10) The answer is simple: they’re busy, and you’re wasting their time. Stop asking them generic questions and expecting them to do work for you, and start doing the work yourself.

Instead, find yourself a good mentor, do your homework on them, put some work in to show them you’re serious (maybe read their book and reference specific chapters), and ask focused, thoughtful questions. Basically, STOP BEING LAZY.

21. Don’t be afraid to ask for help

Speaking of mentors, don’t be afraid to ask for help from them and from your own network. After all, even the most “self-made” people in the world didn’t accomplish so much completely on their own.

While you’re at it, make sure to thank people who help you as well.

20. Practice delayed gratification

The classic Stanford marshmallow experiment: Back in the ‘70s, a group of children were given a marshmallow and told that if they could refrain from eating it for 15 minutes, they’d get a second one. Some kids said “screw it” and ate the marshmallow while others waited for the chance to eat two marshmallows. (11)

Well, 40 years later the researchers tracked down these same kids, and they found out that the kids who delayed their gratification for a higher reward grew up to be significantly more successful than the other kids by a number of different measures.

19. Upgrade your skills

One of the quickest ways to ensure success is to beef up your resume with some solid, in-demand skills. Here are some skills that the World Economic Forum and Bureau of Labor Statistics determined will be even more useful in the next 10 years: software development, data analysis, physical therapy, digital marketing, customer service, teaching, accounting, business analysis, and social media. (12)

Thanks to the internet, now you can learn a lot of these skills from your home for wayyy less than a college degree by taking some online courses. Khan Academy, Udemy, and Lynda are all great places to pick up skills online. (13) (14) (15)

18. Save money

The Instagram-friendly picture of lavish success, popping bottles and paying to do a photoshoot on a private jet that’s not yours (yes, that’s a thing) (16), actually just leads to debt and bankruptcy.

No more fake friends. Truly successful people live within their means and don’t overspend. They save their money for lucrative investment opportunities and top-notch business ideas.

If you really want that Instagram lifestyle, you can buy it once you actually have the money to do so.

17. Track your finances

Speaking of saving money, tracking your finances is the key to understanding your financial health. It’s important to know how much money’s coming in and going out so you can make changes to stay in the green and avoid debt.

Also, you can monitor your progress towards your financial goals by keeping track of your money.

16. Stay positive

Some things are cliche because they’re true. Self-help books can be cheesy and generic, but there’s a reason that The Power of Positive Thinking has sold over 5 million copies and is still flying off the (virtual) bookshelves almost 70 years after being published. (17)

More than talent, skill, connections, and money, attitude is the most important factor for success.

15. Learn to adapt

The world’s always changing. If you can’t learn to adapt to changing situations, you’re going to get left behind. Learn to be adaptable and take change in stride, as having this skill will help you react effectively and succeed.

After all, adaptability is what allowed us humans to go from cavemen to the highly advanced society we live in today.

14. Sales training

What’s the one goal that every single business on the planet has in common? Make money.

A reporter for Inc. Magazine asked 20 different major CEOs and business owners for the one skill that contributes to success in every single industry, and they all said the same thing: sales. (18) Without sales, you’ll never succeed in anything. With sales, you’ve got half the work done. Read up on sales and psychology, then get some training if you can afford it.

13. Real estate

This is one of those fields that has a low barrier to entry and no ceiling to how much you can earn. While you do have to get educated, licensed and trained, it’s pretty affordable and only takes about a year.

After that, the sky’s the limit if you’re good enough – just look at someone like Barbara Corcoran. Plus, thanks to websites like Airbnb, building up your own real estate empire by buying out buildings and renting them is more feasible than ever.

12. Learn to code

“Code is the new literacy,” and now you can learn to code from home for free at places like Code Academy. (19)

Whether you’re looking to work from home, create your own start-up, flex your creativity, or make lots of money, web development has all the markers of a fulfilling career. Senior software engineers are topping up at $160k/year…not bad. (20)

11. Graphic design

Sure, websites like Fiverr are dragging down graphic designer prices to lows like $5 (ouch), but clients who pay that little aren’t always great. Legit companies will pay way, way more than that for a designer who actually knows their stuff.

If you can leverage design to increase conversions, you can make big bucks, and your success won’t dry out with increasing automation because creativity is hard to copy. The Bureau of Labor Statistics shows that top-level graphic designers can hit $78k/year. (21)

10. Project management

According to a study done by the World Economic Forum on automation, the skills that will make sure you can still succeed ten years from now are things like people management, coordinating with others, critical thinking, and project management. (22)

Start by learning your way around project management software programs like Trello, Slack, and Basecamp.

9. Start a blog

Regardless of what field you go into, blogging is still a major way to get your name out there, increase brand recognition, and ultimately paint that picture of success for yourself. For those who’ve made it, blogging is a great way to give back to aspiring mentees who want to learn about how you did it, closing up the circle of success.

Plus, blogging itself can be turned into a very lucrative online business or complement your main income stream.

8. Data analysis

Big data, SAS, web scraping, machine learning…we’ve all heard the buzzwords. Data analysis is one of those elusive skills that are actually not that hard to learn if you have some time and an analytical mind, and having the ability to understand and manipulate data is an incredibly powerful skill in all fields.

Data analysis skills like SAS (Statistical Analysis System) will get you a 17% increase in any field of work. (23)

7. Pick up photography

Photography is a great supplemental skill for furthering your success in other fields. Basic photography, photoshop, and even some video editing and web design can help you land better jobs, or they can help you make side money or get your online business idea off the ground. Working for yourself is the dream, right?

6. Start tweeting

There’s a reason most companies look at applicants’ social media profiles. A big part of success is branding yourself online. Good branding on social media rakes in the cash and, more importantly, helps you get recognized and make connections.

Twitter is great for industries like journalism, blogging, film, finance, aviation, and telecommunications, whereas Instagram is a requirement for photography, art, fashion, travel, etc.

If you’re into business, marketing, finance, or tech, hit up LinkedIn and start writing articles.

5. Digital marketing

Everything is digital. There are 7 important components to digital marketing according to Forbes: analytics, SEO, HTML, WordPress, video, basic design skills, and SQL. (24)

You don’t need to become an expert in them all, but having a basic understanding of each one will increase your chances of success in just about anything.

4. Learn SEO

Google runs the world. Learn about SEO, and you can be successful in doing just about anything online.

I’ll give you the basics: do the keyword research (tools like SEMrush, Moz, Ahrefs), and create high quality, epic content that targets those keywords.

Build relationships with high-level publications, blogs, and websites that will share and link to your articles.

3. Start a vlog

If you’ve got a little video editing know-how, starting a vlog is one of the best ways to get your name out there – arguably even more than blogs.

Famous vlogger Casey Neistat uses nothing but an iPhone to make his videos, and he has over 8 million subscribers, has gotten sponsorships from companies like Burton and GoPro, and has been featured everywhere from the BBC to the New York Times. (25)

Good content is everything in business, and it’s not easy to outsource. If you can do it well, companies will pay big money. The starting salary for a copywriter is $10,000 more than the national average. (26)

2. Content writing

Improving your ability to communicate with writing translates to success in every field. A study by Grammarly shows that LinkedIn professionals with fewer grammar mistakes in their profiles have significantly higher positions and more promotions. (27)

But it’s not just grammar and spelling. Learning how to inform, persuade, and tell stories through writing is a powerful skill to have on your side.

1. Generate leads for local businesses

If you’ve been paying any attention, you’ll notice that most tips for success in today’s world involve sharpening your skills and then using them to do something digital, automatable, and scalable.

But the very best ideas are also painfully simple.

Local lead generation is about as simple as it gets without trying to sell you a BS get-rich-quick scheme. It’s got a low barrier to entry, low competition (you against a handful of local businesses instead of you against the whole internet), and the market is completely unsaturated, unlike everything else on this list.

Plus, it can be done from the comfort of your own home (or the Bahamas), and once you get it right, there’s no ceiling to what you can earn.

If you ever want to branch out, local lead generation will make you a pro at SEO (#4 on the list), and that’s a skill that can take you just about anywhere in life.

via https://mlmcompanies.org/be-successful/

Ranking the 35 best ways to make money with Facebook ads in 2019

You probably ended up here because you heard Facebook ads are a great way to make money online. Maybe you even heard it from me.

Here are the facts: Facebook has over 2.3 billion monthly active users. More than Instagram and Snapchat combined. One-third of those users engage with brands on Facebook regularly. A whopping 93% of social media advertisers use Facebook. (1)

If there was ever a time to jump on that Facebook ads action, this is it.

Don’t forget to check out the best ways to make money fast, ways to make money online, and online business ideas.

Now, let’s move on to the top ways to make money with Facebook ads in 2019.

35. Psychology

How many times have you mindlessly scrolled through Facebook for an entire hour? Refreshed your notifications three times in a minute? Facebook is the master of using subtle psychological hints to get users addicted, and leveraging this psychology is the best way to create effective Facebook ads.

There are four main psychological triggers that keep users interacting with Facebook content: fear, outrage, pity, and aspiration. (2) The 4th one – aspirational content – is a big motivator. Social media is notorious for hooking people by presenting ideal forms of the lives they could be living (just look at all the “make money online” ads with Lambos and beaches).

34. Copywriting

Copywriting is a huge pain point for most advertisers – 86% of content out there isn’t even relevant or aligned with sales goals. (3)

Nicholas Kusmich, a self-made millionaire thanks to Facebook ads, claims that the simplest, most effective copywriting formula for Facebook ads is the feel-felt-found formula. Create feeling around a problem, build a connection by explaining you’ve felt that way too, and finally, explain that you’ve found a solution that works. (4)

Part of copywriting is psychology (see above), but part of it is also writing. Learn your psychology, practice a lot, use the formula I mentioned, and you should be good.

33. Photography

Facebook may not be as visual as Instagram, but visuals are still king when it comes to advertising. Images make up a massive 75-90% of advertising performance on Facebook, and the most effective Facebook ads have titles that are only 4 words long and descriptions that are only 15 words. (5) A picture is almost literally worth a thousand words in the Facebook ads world.

32. Consulting

Over 3 million businesses are advertising on Facebook, and most of them are failing miserably. (6) If you’ve got some Facebook ads skills but don’t want to deal with starting up your own company, offering Facebook ads consulting or management services can net you some decent cash.

It’s remote, and once you’ve locked down some clients, you can start creating training and e-courses, making it scalable too.

31. Video

Forbes called video marketing the future of content marketing for a reason: it’s expected to claim 80% of all web traffic but 2019. (7)

Whatever your methods for making money off Facebook ads, they should include video. Keep in mind that 47% of the value of Facebook ads happens in the first 3 seconds. (8) Short and sweet grabs their attention.

30. Blogging

Obviously I think blogging is a great idea, lol. It’s worked for me. But I also think that leveraging unpaid marketing methods like guest blogging and SEO is ideal for growing your blog.

That being said, paid advertising can be incredibly powerful for growing a subscriber list if you know what you’re doing. On ShoutMeLoud, they managed to gain over 5k new subscribers in just 60 days, at the cost of only .25 cents per subscriber, using Facebook ads. (9)

29. Lead magnet

Whether it’s a free eBook, a discount, or a giveaway, you’ve got to offer people something in order to get their likes and email addresses. It can be simple – people love free stuff – but you have to give something to get something.

Three of the most effective lead magnets on Facebook are also three of the easiest: offer an invite to a private, closed Facebook group, a free PDF – a short eBook, checklist, or one of your favorite blog articles converted to PDF using Web2PDF, or a free email series/course. (10)

28. Landing page

The fact is that people come to social media to relax and scroll mindlessly, not to make decisions and buy things. If your ad is going to take people away from Facebook, your landing page needs to be on its A-game.

I’ve said it before, but video content is kind right now. Size matters, folks. The video should be 400-600 pixels wide and 300-450 pixels tall, according to research from Wistia. Make sure your video is “above the fold”, too…aka people don’t have to scroll to see it. Videos in the top 250 pixels of the page get played twice as often. (11)

27. Daily ads

Facebook gives you the option to spend all your ad money at once to get a huge following upfront, or to stretch it out over time. While spending $2/day on an ad might sound like nothing, stretching your campaign out over time is hands down more effective.

Here’s the thing: 81% of sales happen after 7 or more contacts. SEVEN. (12) If you want people to convert, to even like your page, you’ve got to infiltrate their daily life. You’ve got to get your ad in front of their face 7 times.

26. Carousel ads

Carousel ads are great if you’re running a business with several products or services. They can display up to 10 different products in image or video format, along with product descriptions, pricing information, and calls to action.

This adds up pretty well: a social media agency called Kinetic Social found that carousel adds convert nearly 10 times as much as regular Facebook ads do. (13)

25. Canvas ads

Canvas ads let you cram a bunch of different types of media (video, image, text, other interactive types of media, etc.) into one space. The theory is that viewers will be drawn to the eye-catching, interactive stuff in the ad and gain a better understanding of your brand, leading to more conversions.

If you look up examples of canvas ads, you might think they look like a jumbled mess, but they work: on average, over half of Facebook users that view a canvas ad look at at least half of the ad. They stay on the ad for an amazing average of 31 seconds. (14)

24. Discounts

Would you like a yogurt fanpage on Facebook? Probably not. That’s why YoCrunch had only 1,000 likes on Facebook…until they started offering dollar-off coupons for their yogurt. In about 6 months, they shot up to 150,000 likes. (15)

They probably got some good sales numbers out of their 149,000 new fans.

23. Ad monitoring

If you’re not experienced enough yet to go into consulting, offering a Virtual Assistant or Ad monitoring service is a good place to start. They create the campaign, you post and monitor it daily. If performance drops, you tweak the campaign. If an ad is underperforming, you end it. At the end of the campaign, you deliver reports on what performed well and what didn’t.

Sounds easy, but people like Andrea Vahl have built up clients that run hundreds of thousands of dollars worth of ad campaigns on Facebook. (16) Even the smallest commission off that would net you some good money.

22. Facebook marketplace

Using Facebook ads will drastically speed up the time it takes you to sell your junk on the Facebook marketplace. People there are looking to buy something, so you’ve already got a semi-warm audience.

Running ads to the Facebook marketplace is simple, too. All you have to do is select “Automatic Placement” when you’re making your Facebook ad, and Facebook will stick your ad everywhere it makes sense, including the proper Marketplace category. (17)

21. Fitness videos

Kayla Itsines, a personal trainer and social media star, has leveraged Facebook ads to grow a colossal following of over 16 million likes on her page. (18)  She offers various personal training programs and videos with monthly subscription fees to a built-in audience in the 7-figures, so you know she’s bringing in good money.

There are two things that Kayla did really well here: she narrowed down her target market and advertised only to them, and she built a memorable brand and name for herself. If you’re big into fitness, talented, and ripped, this could be a good route.

20. Crowdfunding

Got a genius idea for a new product but you can’t get investors? Crowdfunding your new idea on Kickstarter or Indiegogo can bring in money for your new project, as well as spread awareness about it (meaning more money down the line).

You’ll have to be more careful about your ad budget since you don’t have any cash flow from your new product idea until it’s out there selling. Watch that cost per click closely. Once it begins to rise, create and test new ads again to keep your ad costs low.

19. Influencer

Instagram is influencer-heaven, but you can make money with Facebook ads as well. As an influencer, you could be a part of your favorite brand’s Facebook ads campaign. No need for a huge following, either – many brands prefer micro-influencers (between 1,000 and 10,000 followers, roughly) because although their audience is smaller, they tend to be more loyal and thus convert at a higher rate. (19)

18. Events

Hosting a paid event that’s coming up? Hopefully, you’ve got a Facebook page for it, and if you do, you can run ads to that Facebook page to increase attendees.

To boost event attendees, try to partner with a larger brand in your niche so you can use the Branded Content feature (your partner has to be verified on Facebook, aka have the blue checkmark). This feature lets you share the larger brand’s posts as your own Facebook ads as long as you tag them in it, increasing your brand credibility and awareness.

17. A/B testing

The reason so many entrepreneurs either don’t venture into paid advertising or fail at paid advertising is that they run ineffective campaigns. The #1 method for selecting an effective campaign that’s not going to waste your money is A/B testing.

Come up with an ad template. Create two ads, both exactly the same but with different images, and run each one in the exact same way with $5 or $10. Pick the image that performs best, and then run two ads again with that image but two different versions of the copywriting. Take the winner, and create two identical ads, but run them with two different target audiences. The ad campaign with the most conversions gets your spending.

16. e-Courses

Websites like Teachery let you create e-courses and webinars (learn Facebook ads well enough and you could make a course on Facebook ads, ha), which you can then market and sell for a pretty nice profit. One guy used the platform to create a webinar on landing sponsorships and netted $32,680. (20)

Because of Facebook’s powerful targeting tools, you can easily hone in on your target market with a Facebook ad for your e-course. Just make sure to offer a lead magnet, like a 10-minute seminar for free. And get at those emails, don’t forget an opt-in form.

15. Facebook instant articles

Facebook Instant Articles is a platform on Facebook that allows businesses and people to publish articles on Facebook that load instantly. Think LinkedIn’s native articles, but optimized to load quickly and convert – they load 10 times faster than regular mobile articles. (21)

The Facebook Audience Network then pays its publishers an eCPM rate that’s calculated based on your traffic volume and the countries your traffic comes from. That rate fluctuates, but it usually starts pretty high at around .35 cents and can go all the way up to $5 if your traffic is coming from the U.S. This adds up fast, with some people bringing in over $10k/month.

14. Affiliate marketing

Amazon is the usual go-to, and for good reason. It’s easy to set up and affiliates bring in a 10% commission, plus it’s a trusted website that most people already use. Plus, cookies last 24 hours, so if someone clicks your link and then buys something the next morning, you’ll still get a commission.

You can grab affiliate links from other sources as well, such as Clickbank or individual courses/products you use from other places.

Make fan pages for various niches and grow them via Facebook ads. Post great content and memes daily and throw in your affiliate links here and there.

13. Webinars

Facebook ads are a crucial tool for marketing webinars, and webinars are critical for growing your following. If you look at Leadpages’ top 12 highest converting pages, 9 of them are webinars. It is easily the best one-to-many sales and marketing tool. (22)

Use Facebook ads to promote a small free webinar, and leave your audience hanging at the end. Offer the option to upgrade to a paid plan for more extensive content and one-on-one access.

12. Facebook live

In a similar vein to webinars, you can run Facebook ads to your Facebook Live videos. Facebook live lets you earn money by placing ads at natural breaks in your live streams through a feature called “ad breaks” if you meet certain requirements (23), but you can, of course, use your Facebook live stream as a marketing tool (like a webinar) to direct followers towards your business or make them aware of a new product you’re launching.

11. YouTube videos

Your YouTube earnings (at least in the YouTube Partner program) are heavily dependent on video views and channel subscribers, two things you can acquire more of using Facebook ads.

Targeting your video correctly shouldn’t be difficult if you know your YouTube audience well. As for your ad, write two ads, each with different copy (A/B testing, as always). Throw a short teaser clip from your new video into the ad, then write a call to action to get your audience to click through to your new YouTube video.

10. Mobile app

Mobile apps are hot: Candy Crush, the silly little Bejeweled clone, earned nearly $1 billion between July 2017 and July 2018 through in-app purchases and in-app ads. Not bad when you consider that Candy Crush is free. (24)

You could do same thing. Learn to code for free at Codeacademy or somewhere similar, then build your app. Once it’s built, Facebook has a cool mobile-app specific ad format that lets you plug in an “install now” or some other relevant call-to-action button right on the ad.

9. Email list

If you’re marketing something, the ultimate goal is to get into their email – email marketing has a 4400% ROI, after all. (25)

Use Facebook ads to build an email list that’ll make you rich by creating an ad campaign with a compelling lead magnet. When people click the campaign, it goes to a landing page optimized for email capture (there are hundreds of landing page creators out there, try Leadpages, Optimise Press, or Unbounce). (26) (27) (28) They put in their email to get your lead magnet, and you build a list.

From there, you just gotta send them valuable, entertaining email content to build rapport, and of course, you gotta sell too.

8. Podcast

Podcasts are exploding in popularity because they fit neatly into everyone’s busy lives. Just look at Joe Rogan, who makes nearly $30,000 per Joe Rogan Experience episode, give or take. (29)

Find something unique you like to talk about and make sure there’s some market demand for it. Get the proper equipment, decide if you’re going to do an interview-style podcast or if it’ll just be you, and get to it. Then monetize through sponsorships, your own products, etc. (30)

7. e-Commerce

e-Commerce sales are increasing rapidly every year. (31) Create a dropshipping site, and you can get a piece of that e-commerce pie without ever handling inventory at all. Pick a specific niche that’s not over-saturated…real specific, like horoscope tee shirts or mom mugs.

The awesome thing about Facebook ads is you can hone in on really specific target audiences – like people born in March. If you’re doing horoscope mugs, create a different ad for each astrological sign, and then target the ad at an audience based on their birthday.

6. T-shirt campaign

Dropshipping with T-shirts is how every new internet entrepreneur thinks they’re going to make it. It is incredibly easy, but it is saturated. You’ll have to come up with a super original, niche idea.

If you do, you can use TeeSpring to design shirts for free. (32) You promote and sell, they print and ship. Shirts are not printed until you hit a sales goal, and the higher your sales goal, the lower your tee shirt cost and the bigger your profit.

5. Advertise a fanpage

It’s totally possible to grow a page into 1,000 likes with just $20 on Facebook ads. With a baseline of 1,000 likes, you can go places. Create shareable content to increase your reach for free and host some giveaways. Then, you can advertise your products and services to your fanpage audience for free.

4. Sell fanpage posts

If you have at least 1,000 likes on a FB fan page, you can sell posts on websites like Shop Something. (33)

Similar to sponsored posts on Instagram, brands will pay you to post their content/ads to your Facebook audience. You have to be careful with this though, because if you start posting sponsored ads all the time you will lose followers. That being said, it’s easy money, as long as you’re judicious with your ad postings.

3. Sell a fanpage

If you’d rather opt for a more hands-off method, you can just sell your fanpage altogether. This is akin to flipping websites, but with much less work and no coding involved.

No fake followers – you need to have legit engagement. Websites like FanPageCash will tell you how much your page is worth, but it’s best to do a private deal, as selling fanpages is actually against the Facebook T&C. (34)

2. Facebook groups

You can’t promote groups but you can start a fanpage and promote a post that links to your group. While Facebook fanpages have pitiful organic reach (around 10%) after the new algorithm, Facebook groups have huge reach and engagement rates without making you pay to promote and advertise. Groups are one of the most underrated methods for building an active, organic following. Once you’ve got that, your monetization options are endless.

1. Capture leads for local businesses

Honestly, you could go through the steps of building out optimized landing pages, lead magnets, email lists, and e-commerce sites, create your Facebook ads, capture leads, convert those leads, and then turn them into returning customers, all while managing a set of services or products…but that’s a lot of work for one person.

The fact is, you can make just as much money (if not more) by cutting out all the pain points (managing inventory, converting customers) and simply focusing on doing one step really well: capturing leads. That’s the bread and butter of a business, anyway. If you can do that, local businesses will pay you good money to hand over those leads.

Once you get good at capturing them, you can automate and scale it, so hard work in the beginning leads to a business that runs itself. Nothing is more hands-off than letting 4-figure leads roll into your inbox while you sleep.

via https://mlmcompanies.org/make-money-with-facebook-ads/

Ranking the 36 best tips for writing your next business plan

Let me be real for a second: business plans are overrated.

I’m going to give you some boss tips for writing one anyway, but only if you promise not to obsess over it.

The vast majority of entrepreneurs waste way too much time trying to perfect their business plan instead of just getting out there are doing something. You don’t learn nor do your earn from planning, you learn and earn from acting.

Research from Babson College, one of the best entrepreneurship programs in America, has shown that there’s basically no correlation between a start-up’s business plan and its revenue years down the road. (1) Self-made Internet millionaire Neil Patel has never written a single business plan, and he’s doing pretty well.

That being said, business plans can be very helpful for formulating a clear vision of your idea and raising money. So here are my finest advice gems for coming up with your perfectly imperfect business plan.

36. Imperfect action

“Winners take imperfect action while losers are still perfecting the plan.”

The key to writing a successful business plan is to fire the perfectionist within you. Do a 90-day challenge: every day, for 90 days, you have to do something to move your business forward. Not plan something, DO something. Even if it scares you.

35. Read one book about business plans

One solid book on business plans should give you plenty of useful business plan writing tips and tricks. Once you finish your business plan book, close it and get to work because remember that taking action is the most important step to succeeding.

34. Know your target market

Don’t be afraid to narrow down, because you can always expand later on. Apple’s very first business plan spelled out their target market clearly:

“As word processors are replacing typewriters in the real world, students need to learn word processing, not just typing. MAC will help the student of the 80’s learn the tools of the 80’s.” (2)

That’s why, in the late 80s and early 90s, most American schools used Macintosh computers. However, Apple has clearly expanded its target market exponentially since then.

33. Sales cures all

Mark Cuban drives this one home every chance he gets. Getting sales is more important than even having a business plan, or having the infrastructure to support future growth. (3)

Plans are all talk, sales are proof. Mark Cuban, or any smart investor for that matter, won’t throw down money on the greatest idea in the world if it has zero sales. Get out there and nail down some sales first, then plan for growth.

32. Interview customers

Once you know your target market, you need to understand them in and out. No better way to do this than interviewing the customers you’ll later be selling to.

Write up a list of interview questions, then go interview at least 20 customers. Don’t try to pitch them your idea, but listen to their ideas instead. Show sincere interest in what they have to say, collect their answers, and include key quotes from customers in an appropriate place within your business plan.

31. Get a financial consultant

The biggest red flag is a business plan that doesn’t have a clear picture of the business’s current and projected financials. You should know how to answer any question thrown at you, from turnover rates to gross profit and net profit.

If you’ve got a solid business idea and niche experience but just aren’t good with numbers and financials, get a financial consultant. Check out Fiverr for affordable freelancers in their financial consulting and business plan section. (4)

30. Tailor your plan to your audience

Your business plan is going to be seen by multiple interested parties, so write up a version that “speaks” to each audience. Make a private one for yourself as well and use it as a guide to moving your business forward.

This worked for Liat Tzoubari, who founded Sevensmith. She wrote up several different business plans for different audiences, one for the bank, one for venture capitalists, one for herself. She researched her potential investors before meeting with them and tailored her business plan accordingly, just like you’d do for a job application. (5)

29. Get a second opinion

When you’ve written a draft of your plan, find someone knowledgeable about business, like an accountant or a business advisor, to review the whole thing and offer you constructive criticism. They could catch areas that need more explanation, claims that need data to back them up, and other questions that your eventual audience might ask.

28. Get several proofreaders

Poor spelling and grammar demonstrate inadequate preparation and a lack of professionalism when it comes to business. Not just for the sake of proper English usage, either – millions of dollars in sales can be lost due to a single spelling error. (6)

It’s going to be hard for you to spot errors after gluing your eyes to the plan for several hours, so hit up friends, family, and colleagues (after running it through Grammarly or another spellchecker) to read through your document and point out grammar and spelling errors.

27. Have proof for every claim you make

Vague statements without proof won’t get you very far in business. Bring facts and data to the table for every single claim you make, whether it’s about sales, management, market position, or something else.

26. Avoid superlatives and other strong adjectives

Sounds nit-picky, but any effort to hype up your audience with words like “incredible”, “terrific”, or “unbelievable” will fall flat. You’re writing a business plan, not an infomercial, so impress your audience with your business plan and the data you’ve gathered.

25. Skew your estimates

That’s right – don’t give them the numbers you’re really projecting. You want to err on the conservative side, you know, underpromise and overdeliver.

A good rule of thumb is to take your projected costs and add 25% for unforeseen overages, then take your projected revenue and cut it in half. If your business plan survives with these pessimistic estimates, you know you can make it through anything unexpected. (7)

24. Nail down an elevator pitch

Don’t waste your time writing up a 100-page business plan unless you can explain it all in one minute.

Humans have a pretty depressing attention span – on average, about 8 seconds. (8) It doesn’t matter what you wrote on page 26. If you can’t hook someone in the first 8 seconds, it’s over.

23. Use infographics

Visuals are effective, and infographics are at the top of the list when it comes to explaining complex concepts in a persuasive way. Visuals are processed 60,000 times faster than text by the brain, and according to the Wharton School of Business, people who use visuals to persuade are 17% more effective than people who rely solely on text. (9)

Hit up Upwork for an infographic artist that costs less than your Friday night, and start implementing visuals. (10)

22. Emphasize your experience

Many investors would prefer that an entrepreneur has some sort of experience in the industry they’re launching their business in. If you (or your team, if you have one) have any experience in the field in your industry, emphasize it in the plan.

Don’t make it sound like a resume-like list, though. Give a concise description of you and each of your team member’s knowledge of your business’s products, competition, industry, potential customers, etc.

21. Don’t hide your weaknesses

Being honest about your weaknesses will always pay off more than attempting to hide them. But don’t highlight them too much, either – this will make you sound insecure, not a very attractive trait to find in an entrepreneur.

Address your weaknesses openly with your audience, but also demonstrate your plan to minimize or combat these weaknesses to show your audience that you’re proactive.

20. Avoid long documents

Attention spans are shortening by the day, so having long documents with giant chunks of texts isn’t going to do you any favors in acquiring investment capital. In fact, many successful business plans are no longer than 10-15 pages.

Keep it short and sweet, only giving them the essentials. Don’t fluff. If your audience wants more information, they’ll ask you for it.

19. Bootstrap

There’s a lot of talk about finding investors here, but bootstrapping is blowing up in the start-up world. That is, funding your start-up all on your own, 100% independent from the pull and influence of big investors.

Facebook, Apple, Coca-Cola, and eBay were all bootstrapped, and according to the Harvard Business Review, bootstrapped companies actually attract better talent. (11)

18. Set SMART goals

Real talk: most goals are useless. In fact, studies show that talking about your goals can actually reduce the likelihood of you actually reaching them. (12)

That’s because most goals are vague and fluffy, filled with unicorns and rainbows and no actionable way to reach them. SMART goals are specific, measurable, achievable, realistic, and time-sensitive. Make sure any goal you discuss in your business plan meets these criteria.

17. Track pricing trends

If you’re selling a product or service, especially through e-commerce, you need to pay attention to pricing trends within your industry before developing your business plan.

Luckily, there are some fantastic price tracking tools out there to help you. CamelCamelCamel is a popular, easy plug-in that you can add to your browser, and PriceZombie is a great price tracking software that also takes into account product quality. (13) (14)

16. Prioritize customer acquisition

Serial Silicon Valley entrepreneur Steve Blank’s book The Four Steps to the Epiphany: Successful Strategies for Products that Win pretty much put the final nail in the coffin of the “product development” model of business. (15)

Build it, and they might not come. Instead of focusing most of your business plan on product development, make customer acquisition a priority. That means marketing aggressively and often. If you’re doing something digital, you’re going to do a lot of A/B testing and develop a plan that involves SEO, content marketing, and lead generation.

15. Perform competitor analysis

Analyzing your competition is easier now than ever thanks to the internet. Figure out their traffic analytics, backlinks, and conversion rates on Ahrefs and Alexa. Use Spyfu to figure out the PPC keywords they’re bidding on.

Stalk their blog and social media accounts like they’re your ex. Read their reviews. Find their and their customers’ pain points. Mimic what’s working for them in a way that fits your business, and avoid what’s not working for them.

14. Spell out ROI

If a stranger comes up to you and says you should give them money, you’re not going to wonder what makes them awesome enough to deserve your money. You’re going to want to know what’s in it for you.

Same deal with business plans for investors. Sure, you’ve got to have a great idea and prove yourself competent. But in the end, they’re not looking to know how baller you are. They want to know how much money you can make them.

If you’re presenting a business plan to investors, a study from the Harvard Business Review shows that most investors want a 40-60% return, compounded annually. (16) Calculate your estimated sales, profit growth, and figure out equity offerings based on this ROI.

13. Offer at least 25% equity

Figure out your company’s valuation in the business plan and decide how much equity you’re willing to give up.

The basic formula is pretty simple: take the amount of money you’re trying to raise and divide it by your company’s valuation. If you’re looking for $4 million and value your company is worth $12 million, be ready to give up 33% in equity. Most first-round investors take between 25% and 45% in equity. (17)

12. A/B testing

Throw $100 on Facebook ads to test your product/service. Take all those ideas you brainstormed and create a series of Facebook ads for them, running each one for $10. Find what works.

42% of failed start-ups said a lack of market need for their product was the reason they failed. (18) Make sure there’s a market need for your idea before you build it out.

11. Make it a low-cost startup

The second reason start-ups fail is a lack of sufficient capital – about 30% of them tank because they run out of money. (19) But now thanks to the internet, you can start up with costs near zero to make bootstrapping it easier.

Work for free the first 6 month-1 year. During this time, you and a partner don’t take a salary: that’s free labor.

Develop an app/program/website using open source programs: that’s free product development.

Use unpaid digital marketing techniques like SEO, social media, and content marketing to build a buzz: that’s free customer acquisition.

10. Launch with a minimum viable product

All the testing and investment calculations in the world aren’t going to guarantee your idea makes it big. Only time and experience will do that.

Get yourself an MVP (minimum viable product) and put it out there. You can always pivot if needed.

Groupon launched with just 20 friends using an app to coordinate and purchase things in groups for group discounts. (20) Now they’re doing $3.14 billion in sales. (21)

9. Update it as you go

Things rarely go completely as planned in business. Your product might not sell, some new competition might enter the market and steal customers from you, or maybe a new revenue opportunity presents itself after you’ve launched your business.

It’s ok if any of that happens. You can adjust your business plan as needed to reflect your current situation, as long as you’re continually making progress.

8. Register in Wyoming

Location, location, location.

Wyoming has one of the best tax climates in the country for new businesses. No corporate tax, no income tax, no gross receipts tax. Cha-ching.

It’s also a very low-cost place to start up. Delaware and Puerto Rico (6% flat tax) are also worth considering. (22)

7. Crowdfunding

The vast majority of businesses fail to sustain themselves due to cash flow problems (82% to be exact). (23) But giving up too much equity early on to investors means you lose control of the company and limit its potential.

Crowdfunding brings in cash flow and lets you keep 100% equity. You’re going to have to be a marketing whizz or otherwise, you’ll have to hire one (you can find crowdfunding campaign writers on Upwork and other freelancer sites), but a successful Kickstarter or Gofundme campaign can net you even more than a big VC (venture capitalist).

Husband and wife duo Yoganshi and Hiral Sanghavi designed the “World’s Best Travel Jacket” and put it up on Kickstarter with a goal of raising $20,000. They hit their goal in FIVE hours, and in the end, raised $9.2 million in what ended up being one of the most successful Kickstarter campaigns ever. (24)

6. Format for skimming

Most people won’t read your entire business plan, or even most of it. Eye scan studies show that the vast majority of people read pages in an F-pattern – they read all the headers and intros down the left side of the page and then scan from left to right just on the sections that interest them most.

Also, readers, especially web users, spend 80% of their time reading “above the fold,” which on a website, is the part visible without scrolling, and on a printed document, the first half the of the first page. (25)

Format your business plan accordingly. Put everything you think people MUST know about your business in the first couple of paragraphs, and use lots of headings and bolded keywords for other important information to catch their attention.

5. Write the executive summary last

This is the bread and butter of your business plan: it’s a lot like a written form of your elevator pitch. For those skim-readers, these few paragraphs are all they’re going to touch.

Your executive summary is at the beginning of your business plan, and it spells out the main points of your company, product/service, target market, and financial projections. It’s what they read to decide if they’re intrigued enough to hear more.

Focus on perfecting the executive summary. Write it after you’ve done all the other sections, as you’ll have a clear picture of your market, product, and financials.

4. Target your customer (DIG)

People think phrases like “middle-aged moms” is a target market. Hint: it’s not. You need to dig deeper than that if you want to hone in on a market effectively. Use the DIG method for targeting your customers:

Demographics: Go farther than age and gender. Occupation? Location? Income? Nationality? Birth month? Political party?

Interests: Nail down your customer’s personality. What are their hobbies and passions? Temperament? Lifestyle? Opinions?

Platforms: Where are these people active? Facebook? Instagram? Online communities and forums? Professional networks? Figure out where they hang.

3. Know your SEO

A marketing plan without SEO research is a marketing plan from the 1980s. You can’t create a successful business without Google.

First step: keyword research (SEMrush, MOZ, KWFinder). Figure out what your target keywords are going to be. Second step is to develop a content plan based on your keywords and start building up backlinks by getting mentions on high authority websites. Network. There you go, 80% of SEO done. You’re welcome.

2. Start a blog

Obviously I’m a big fan of this one. You need to have a website that’s optimized for SEO, and starting an industry relevant blog is one of the best ways to do that.

But blogging is so much more than SEO. It’s also one of the best (and cheapest) ways to build name recognition, credibility, and trust. Why do you think I spend 20+ hours researching and writing posts like this one?

1. Generate leads for local businesses

There are a lot of factors when it comes to start-up failure: sub-par products, lack of funding, and low sales are easily the top 3. But lead generation is one of the most consistent and guaranteed factors if you know what you’re doing (SEO).

What if you could cut out all the messy, risky factors of starting a business and JUST focus on lead generation? Start a lead generation business. Pick a niche (small, think limo services in Tallahassee, Florida), optimize a website for SEO and lead generation (easier than you think), and sell those leads to a local business in your niche. They’ll fork over huge money for a stack of fresh leads, and you can keep reeling them in while you sleep.

It’s digital. It’s automated. It’s scalable. Doesn’t get any better than that.

via https://mlmcompanies.org/writing-your-next-business-plan/