When it comes to making money or earning, the best way as I have discovered is to have a variety of different sources of passive income.
What I mean by passive income is money that comes to you even when you are not working. It means you do not always have to own a physical shop, or set up a business to earn. Let others do the work for you while you sit back and watch your favorite TV shows.
In the words of Warren Buffet, If you don’t find a way to make money while you sleep, you will work until you die.
Well, somehow, making money online does not mean you are totally free from doing anything. It does not mean you will be automatically rich if you follow the tips in this report. Rather, what it means is that once you understand the system, you can set it up and start making money for yourself.
Everyone needs to have multiple sources of income, even if you already have a well-paid job, this report will still be useful to you.
The Best Way To Make Money Online With Nothing But Your Phone
- Affiliate Marketing
This is a very interesting way to make money. It is the easiest depending on which product you are marketing.
The first step to successful affiliate marketing is to have a niche. You must be a blogger or a writer of some sort and have an area of focus. Once you do this, you can then partner with companies to help them sell their products to your audience. The best affiliate marketing company is www.shareasale.com This company is connected to a lot of merchants and once your registration is approved, you can actually choose which of the merchants will best suit your blog content.
Marketing can be done passively. It can also be done indirectly through referral codes and custom links. It means that you do not really have to sell to people. You only need to give them valuable information that may lead them to buy a product.
Affiliate marketing can make you money in different ways but the most important are through commissions and referral bonuses. Many companies offer a product and ask you to tell others about it and make money anytime they sign up or buy the product.
Many people have made a lot of money through affiliate marketing. You too can make up to $2000 in a month or even more. With affiliate marketing, the sky is your limit. You do not have to take my word for it, you should go try it yourself and see. For instance, let’s take a look at two ways I have been benefiting from affiliate marketing:
- ALAT By Wema Bank
One of the most recent ways I have made money in the affiliate marketing business is through ALAT, a banking application by Wema Bank Plc.
Like many companies engaged in affiliate marketing, Wema Bank pays referral bonus when anyone uses my referal code after sign up.
ALAT is just a banking application. You benefit in two ways when you download the application. The first way is that the app helps you save money. Gone are the days when it was difficult to save. Now you can save your money and lock it in this wonderful application.
The second way ALAT helps you is that you get N500 instant bonus whenever you refer anyone and then the person downloads the app and funds his account.
Android users: You can download ALAT here and please use this referral code: PGCZ8K
IOS users can: You can download ALAT here and please use this referral code: PGCZ8K
It takes about five minutes to download, open your account and start earning money.
Uber is an application for people who want to ride cheap and conveniently. It helps drivers and riders connect without stress. With Uber rider you are not really going to make money, but rather, you will get free credits which can help you save a lot of money. Many people do not use Uber because they think it is very expensive, but most times I use Uber for free. You too can use it for free if you can download it and start referring it to your friends.
Although you are not making money, you are saving money. Whenever any of your referral that signs up uses Uber for the first time, you get N500 credit in your Uber account which you can use for your next ride.
If for instance ten of your referrals sign up and use Uber, then you will have N5,000 credit and you can use it for your future trips.
And the best part is that if you use my referral code: Akintondeeue, you get N500 free credit for your first trip also.
Android users can download Uber and please use this referral code: Akintondeeue
IOS users can also download Uber and please use this referral code: Akintondeeue
- Jumia Affiliate
Just in case your blog can accept adverts, you can also place jumia adverts on your blog as an affiliate of Jumia.
- Coupons and Referral Codes:
Coupons and referral codes do not help you make money, but they help you buy usually lesser than the amount you would have bought. Saving money also helps you because you are spending less.
I always look for coupons before I buy anything online. Most companies offer a discount for first timers.
I cannot make a full list of all the coupons I have used but whenever you want to buy anything online, just Google the company name and coupon.
For instance, if you Google: Godaddy Coupon you could buy a web domain for as low as $0.90 instead of $12.00
You will also be given a referral code that helps you save more the next time you buy from them.
A lot of these coupons are available on google and can help you buy cheap from online software markets, electronic markets and virtually on most online shops. You just need to search.
- Become A Driver
Becoming a driver requires you to have a skill but getting a job as a driver and making tons of money is no longer difficult.
In Nigeria for instance, if you live in Lagos, Abuja or Port-Harcourt you can drive for Uber or Taxify. And you do not need to have a car. You also do not need to have a knowledge of the city where you intend driving in. All you need is a little driving knowledge and a valid driver’s license.
- Driving For Uber
Before you can drive for Uber, you have to sign up as a driver. The signup page and requirements for drivers are quite different from the sign-up page and requirements for riders.
As a rider, you just need to put up your profile information, confirm your phone number and start riding. But as a driver, you will need to enter your profile information, upload your driver’s license, upload other documents and visit the nearest Uber office for interview and meeting.
After that is done, you can get a car from a car owner and start making money from riders. If you have a personal car, you can also use it. Find out more on how to signup to become a rider by following this link.
- Driving For Taxify
Taxify is Uber’s most fierce-some competition that forced Uber to wedge its pricing below the belt. Not surprisingly most driver who uses Uber is also registered with Taxify.
- Become a Blogger
You can become rich by becoming a blogger. Although you may have to invest a little into the business, if you are very good at what you do, there is no limit to what you can make.
You can also become a boss of your own or do it as a side business.
What makes blogging very interesting is that you can simply just do it from your phone.
There are two platforms that make blogging easy, and you could actually blog for free and make money. As long as you have an internet connection you can make a lot of money without spending money, or just spending a little.
WordPress.com is a free blogging site that you can set up in a few minutes and start blogging instantly. However, the free version does not allow you to place adverts on the website but you could set up your blog in such a way that people become aware of you.
Blogspot.com or Blogger.com is a free blogging site that you can set up and customize within a few minutes. It is so easy to use that you do not need to have the knowledge of coding or web designing to be able to use it.
How to Make Money From Blogging
Making money from blogging is a very long topic but I would just touch on the basics here. It’s important that you know the channels through which you can make money and then plan for it. Depending on what you are comfortable with you can make money in the following ways:
- Google Ads
Google ads is by far the most popular Pay per click advertising company. Within a few seconds you can set up google ads and start displaying ads on your blog. When people click on the adverts that are displaying on your blog, Google pays you a percentage. So the more traffic you have on your blog, the more money you will make.
- Direct Advert
If you can make your blog very popular, people will approach you to help them advertise their products on your blog. You can ask them to pay you a fee for the advert.
- Writing Posts
Some blogs are so important in an industry that the owner is paid to put up some important article. For instance, I, have a friend who writes about people and events in the oil and gas industry. His blog became popular within the industry and people paid him to put up articles.
- Sell Your Own Product
You can dedicate your blog to selling your product or services. For instance, you could run a baby care blog where you talk about the best baby care products and promise your readers that you will supply them. You will have to put your contact details so that clients can call you whenever they are interested in your products or services.
- Write A Book
Writing a book is another easy way to make money. And it is something you can actually do from the comfort of your bedroom. There are different types of books that can fetch you hundreds, thousands and even millions of money. But basically here are the most commonly written types of books that can fetch you money.
- Self Help Books
There are lots of ideas you can write about and make money. You just have to look around you and ask what challenges people are facing that they need someone to provide a solution to.
Many times, people think they have to be an expert on a subject to be able to write a book on that subject. But I am sure you will be surprised if I told you that there are many methods to write a book.
- Fictional Books
You can write fiction and make money out of it. In order to write good fiction, you must be able to tell a good story. You must also be willing to do some hard work at editing.
You don’t have to be an expert writer anyway. You just have to be determined that’s all.
- Motivational Books
A motivational book is usually the experience of a person written in such a way that shows triumph after travail. It is also a grass to grace type of story that puts the reader in a mood of excitement and self belief.
You can write a motivational story by simply telling your story and relating it with the story of successful people.
How You Can Make Money Selling Books
Many writers have made tons of money selling the books they wrote from the comfort of their bedrooms and you can learn from them.
A few names are Maggie Smart Scribes, Adesuwa Iluobe, Chioma Njikadei and others that space will not permit me to mention in this article. Here are a few basic lessons about making money from writing that we can learn from them.
- Writing A Book Takes Determination
To completely write a book, you will need a lot of determination. As a matter of fact, if you can follow my 30 days book writing plan, you too can write and be successful. But no matter what plan you decide to go with, you have to be determined to start and finish the book.
- Self Publication is Trendy
If you want to do it fast and make money, you should consider publishing your book yourself. This gives you control over the expenses and the profit. You can make a lot of money. It is easy to put your book together and start selling.
- Have an Electronic Version
Ebooks are the new trend. You will be able to market it to a large number of people through the internet. Having an ebook will also make it easy for people to buy and download your book.
You can sell your ebooks on amazon for free, or create a website, install PayPal and start selling in your local currency. Besides Paypal, there are other online payment gateways that you can receive money through. The most popular ones are Vogue Pay, Payoneer etc.
- Invest In Treasury Bills
If you have some money to invest into a low risk investment with certainty on return on investment, then treasury bills is your best bet. Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank to provide short term funding for the government.
When you invest in treasury bills, although your return on investment is usually in the range of ten percent and twenty percent depending on the maturity date.
- Organize Seminars, Coaching etc.
You want to make tons of money, then start organizing seminars. A lot of people have learned about the power of teaching people things they know and making money from it.
- Ghostwriting For Others
Ghostwriting is the art of writing for another person what he is supposed to write by himself. I have made a lot of money ghostwriting for people, but the sad part is that they end up putting their names on the work and I don’t get anything except the money. Sometimes the money is enough for me, sometimes I would wish to get some credit. But as time went by I realised I can’t have it both ways and I am okay with that.
You too can learn how to ghostwrite and start pitching to clients. You will find a lot of people who would be happy to have you work for them. But be careful not to raise your prices too high.
- Web Design
Many people think that web designing is difficult, but once you have learned a few rudiments about it, you will discover it takes just a few minutes to set up a beautiful blog like mine.
Thanks to the world most popular content management system, WordPress, you can create a clean and beautiful website in a matter of minutes. For instance, I designed this blog myself and I can change and modify it anytime I like.
I have also helped other writers and small business owners to put up their websites/ blogs. It’s so easy and interesting when you know how to go about it.
Here are a few things you would need to know about if you want to start designing beautiful blogs for your friends and making money.
You need to have a domain name purchased. Your domain name is your URL which people can reach your website through the internet. For instance, the domain name of this blog is rbnbloggers.net Every website must have a domain name.
Hosting is the place where your domain is kept. Hosting is like the engine room. It runs your domain and accommodates all the contents associated with your website. For instance you are able to view this report through the hosting. If I do not host my domain, you would not be able to see any of my content.
I use Whogohost to host all the websites and blogs I have worked on. There are many other hosting companies, but many of them are very expensive. This blog is hosted on Whogohost. I have been using them for about a year now and I have not had any cause to complain. You can click here to jump on any of their cheap, affordable and efficient hosting account. And guess what, if you use my link, you are likely to get a discount.
If you are interested in trying them out just click here.
WordPress is a content management software that makes setting up a blog or website very easy. You do not need to have knowledge of putting up codes to start your website running. You can easily upload content and make changes to your website anytime.
It is easy and fast to use.
However, this should not be mistaken with the free WordPress site which is at wordpress.com. If you use the free wordpress.com site, you will not be able to customize your website as much as you want to. You will only be able to upload your articles and pictures.
WordPress comes with a lot of themes and plugins that you can use to build your website but you need a premium theme if you want it to look beautiful. For instance this blog is using a premium theme which means I can customize it to look and feel the way I want it to be.
Without a premium theme, you would not have a nice design. Most free themes have a lot of limitations. To get a good premium theme, there is only one place to look at, and that is Themeforest.net. Themeforest is the market place for all wordpress premium contents that help you design your website and give it the perfect look. You can click here to view, and pick one of the themes.
Fiverr is a market place for creative people. It is a very interesting and exciting place for writers, graphic designers. Many people make money daily on Fiverr and you too can start making money if you click here and follow these few simple steps.
- Create A profile
You will need to create an account with Fiverr. You can easily do that by either filling up details or by signing up with any of your social media accounts.
- Create Gigs
There is no limit on what you can sell on Fiverr. Products are called Gigs and there are lots of categories you can choose from. The categories are Graphics & Design, Digital Marketing, Writing & Translation, Video & Animation, Music & Audio, Programming & Tech, Business and Fun & Lifestyle.
If you have any skill that tends to fall within any of the above categories, then you can start selling in a few minutes and making money.
However, you may need a PayPal account to be able to sell. If you want to know how to set up your own merchant PayPal account in Nigeria just visit any First Bank Plc branch close to you. They are the only ones authorized to create PayPal merchant accounts in Nigeria. It means that you would have to open an account with them.
- Promote Your Gigs
Once you have created your Gig(s) you will need to promote them on your social media so that people can start placing orders.
All these can be done within a very short period of time. I use Fiverr all the time for things I would not be able to do and want at affordable rates. I use it for my book design, site promotion, logo design and a lot more. It is very helpful because you can get a lot of services for as low as $6 and you get your delivery within one or two days. Most deliveries also come with unlimited reviews. Why not try it out too and see for yourself. Click here to get started with Fiverr.
- Write on Listverse
Do you want to be a writer but do not want to starve before getting paid? Then try listverse. Listverse is a website that pays a wooping $100 each time you write an article that you would have written without breaking much sweat.
The website offers cash to writers that can adopt it’s house rules. It’s house rules are actually simple. All you have to do is write a list artilce. For instance an article titled “Top Ten Ways To Become A Better Mum” if approved will land you a hundred bucks.
The best part is that you can write on any category of your choice. The categories include History, Health, Weird Stuff, Our World, Facts, Movies and TV etc.
Whatever your interest is, you can always find a category to write under. Just make sure your list is up to 10.
Go try it now and see if you can make your first hundred. Click here to get started immediately.
- Earn From Piggy Bank
Piggy Bank is another mobile app designed for helping you save your money. It is very similar to Alat but the only difference is the way it helps you make money. While Alat pays you referral bonuses on every referral that signs up through your code, Piggy Bank pays you 1.5% of your savings every quarter. With Piggy Bank, you can also earn up to 25% upfront of any amount you keep in safe lock. The longer the duration, the higher the percentage.
This type of investment will be highly profitable for people with a very huge capital. For instance, if you lock away one million for three months you will get about twenty thousand naira upfront. Think about how much you will get when you lock away a hundred million. If my calculation is right, then that should be about two million.
Piggy Bank is partly owned by UBA Plc, which means your funds are safe and secure with them. Just make sure you do not expose your login details to anyone. To get started with piggybank, just click here. You do not have to download the app. You can easily create an account through their website, link your account and start making money.
- Create An Online Store
You can earn additional income by creating an online store. A lot of people are making money from buying and selling. The interesting part is that you do not have to have a lot of capital to start an online store. All you need basically is a functioning website and also a lot of pictures of the items you can easily have access to.
You can also find very good web companies that can help you design an online platform and start selling. If you are thinking of selling online, I wont advise you to use WordPress. There are better web platforms that can help you achieve this. Shopify is top ranking because you can easily set it up yourself without asking for expert help. You also get a risk free 14 day trial to see if Shopify is good for you. If you discover it is not, you can easily pull out without any hassle. To start your 14 day free trial with Shopify just click here.
Another web company that you can use is weebly.com Weebly can be used for e-commerce or blogging. It is also easy to setup and all you need is to drag and drop items together to form a good looking website.
Wix.com is also a very good web company that you can depend on if you intend to create a good looking website within minutes and without knowledge of coding.
14 Sell Photos Online
If you have a good camera or a phone with a good megapixel, you don’t have to waste it uploading pictures on facebook, Instagram and snap chat. You can also make money especially if your hobby is taking pictures.
There are lots of websites that pay you when you upload pictures on their website. When you become a contributor on the websites, you earn royalties when people use your pictures.
The well-known sites include shuttershock.com, fotolia.com, Gettyimages.com, istock.com etc.
There are much more ways you can make money online, but this 14 can get you started. Having multiple streams of income has never hurt anyone. As a matter of fact, it would help you become more independent.
This report was first posted on: www.ezrakinton.com.ng
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