Top 10 Ways To Earn Money

1. Teaching and Training

This is my number one way, and I have been doing this for the last five years. This is something that almost every central University has been doing (taking their classes online) due to the enormous success they saw from the University of Phoenix, which set the tone for online education. It's easier now than ever for companies and entrepreneurs to launch online schools, and my good friend Marie Forleo is a prime example of her mega success, B-School.

 

1. Offering a Service

Providing a service may be the easiest way to start if you don't need any investment to get this going. My podcast editor Ian Robinson is helping podcast creators edit their shows to increase production value. There are many different ways to provide a service, and it's just about realizing where your talent lies and what solution you can provide for others.

 

1. Creating and Selling Products

If you have expertise in ANYTHING, then you can package it into a book, course, software, audio program, DVD, and so on. The best way to get the word out and sell these products is through webinars.

 

1. Membership Sites and Continuity Programs

Another champion that I have a lot of respect for in this arena is Ramit Sethi. He has an amazing continuity program (Ramit's Brain Trust), and each month provides useful and specific information for his passionate community. The community thrives off of his wise direction and pays him monthly to continue access to the community and resources. The beauty of this model is you sell something once and get paid each month for it.

 

1. Affiliate Marketing

Nick Reese has done an incredible job of building websites, developing unique searchable content, and selling other people's products on his sites. He gets a commission on every sale or leads he sends to the company. So he never had to create his product to build his business (he has since branched out into other areas that you can check out on his new site). Pat Flynn also does an amazing job at this, and he shows how much he generates monthly from his affiliates here.

 

1. Building a Site and Selling Ads

Derek Halpern is a BEAST at this. The legend behind SocialTriggers started a celebrity gossip site years ago and had millions of visitors every month that he leveraged to sell advertising. Another example is Tina Su of ThinkSimpleNow.com, who does a fantastic job sharing inspiring personal development content.

 

1. Selling Sponsorships for Branded Content

John Lee Dumas generates over $50K monthly selling sponsorships on his podcast and writes about how he does this here. This can be done via podcast, developing a niched website, or even a video show. Create branded content around your passion and find sponsors that will be attracted to your audience.

 

1. Events

Creating and promoting events, either online or offline can be very profitable as well.  Michael Stelzner does online summits and in-person events with thousands of attendees, all while starting from a simple blog a few years ago.

 

1. Masterminds and Coaching

An inspiring change maker part of the Integrity Podcast Network is Jonathan Fields. He runs the Good Life Project and has ongoing coaching and retreats in exotic locations all year long that sells for a high ticket price. This can be done either online or offline, as Jonathan has mastered the art of doing both.

 

1. Getting Creative

Jason Sadler (now known as Jason SurfrApp) is one creative entrepreneur. He used his online platform to make money wearing the company's shirts with Iwearyourshirt.com. Now he sells his last name for nearly $50,000 a year, sells sponsors pages in his new book, and continues to push the envelope with what you can earn by being creative.