how to make extra money

How To Make Extra Money: The Unconventional Guide

Learning how to make extra money on the internet is easy. Figuring out what to do to make extra money on the internet is not as easy.

lawrence tam podcastThere are hundreds of categories that can be split into thousands, if not tens of thousands of ideas. This guide on how to make extra money on the internet, with a special focus on affiliate marketing. There are many other ways to make money online, but we will include a lot of affiliate marketing programs because:

  • Some pay very well.
  • You can automate them much easier.
  • Very low start-up cost.

 

How To Make Extra Money With
Affiliate Marketing

Think of affiliate marketing as commissioned-based sales.

The 3 basic steps in affiliate marketing

  1. You recommend a product or service to people (your followers or people you know).
  2. Some of those people purchase the product or service based on your recommendation.
  3. You get paid a commission for those purchases.

That’s it. Simple, right?
~Amy Lynn Andrews

 

A company creates a product and commissions people to sell it for them in exchange for a percentage of the sale. Amazon, Best Buy and other major retail outlets have affiliate programs. That's right, you can set up an account with say, Best Buy, start selling flat screen TVs, and earn about a 4% commission. It is the affiliate marketer's job to send people to an offer to Best Buy, and if that prospect buys, they earn a commission.

Now, that is affiliate marketing at its very basic function. Here's the thing about affiliate marketing.

[bctt tweet=”Affiliate marketing is a science, AS WELL AS an art.  #affiliate #marketing”]

After I left eBay as a seller to go after the bigger financial fish (as well as score a more stable income) I learned the hard way just how tough affiliate marketing can be for beginners. I persevered, and earned thousands of dollars per MONTH, but it still wasn't enough.

That is because you need a lot of traffic to be able to sell affiliate products.

Think of a funnel

  • 1000 people come to your website.
  • 100 optin.
  • 1 buys.

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What Is An Entrepreneur

What is an Entrepreneur – Online Experts Chime In

Outside of holding a descent job, getting paid a salary or honest wage, or being happily employed…..

Are the “other” people that go about their life approaching their dreams and goals a bit differently. The average person seeing someone LEAVE their corporate job or someone abandon their career.. might seem… crazy.

We are the Crazy One's

what is an entrepreneur

The average person won't get it… they don't understand it. And that's okay.

But most people who take this plunge are called Entrepreneurs. (they do it for a reason.. a big one)

So to better understand who we are and what is an entrepreneur we decided to collect a group of Real Life Entrepreneurs to define what is means to be one or become one (some people are born into it and others are literally thrown into it out of necessity).

So these industry experts, and real life entrepreneurs are going to answer the question.

Question:
What Is An Entrepreneur?

 

Lawrence Tam – LawrenceTam.netFacebook
Lawrence Tam $100,000 per month retired engineer
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