There's quite literally a gold rush happening today, of people trying to launch chatbots for their businesses to help automate some of their sales and marketing efforts that are needed to properly grow and scale in today's market. However, similar to California's Gold Rush, those that will likely get rich are the ones that sell the picks and shovels. For that reason, why not launch your own chatbot business? Sure, there's some effort involved here, but this is definitely worth the steep learning curve.
If you are the creative/artistic type, this may be an attractive option for you. With sites such as Etsy or Not on the Highstreet, selling of hand-made products has become considerably easier and more accessible, even for absolute beginners. Other marketplaces worth considering are Artfire, DaWanda or Yokaboo. Another option is to create a page on a social media platform and drive sales using various channels, e.g., a Facebook group;
At around the time I started selling my ebook and making a living online, I had yet to even consider getting involved in outsourcing some of the work. I look back now and think that I could have potentially done that earlier to help with things like finding a webhost and creating my website. Back then I did everything myself. That’s one of the positives to first starting out. You don’t really have any overhead. It’s all about the effort you want to put in on your own time and your own terms. So, when I first started, I found my WordPress theme myself, I set it up on Bluehost with a very easy one-click install. I was able to get everything set up, and start building my audience, trust, and authority online with those who I was going to deliver my product (ebook) to down the road. I did not spend money on hiring a team until 2013, which came after having a full-time Virtual Assistant for two years, which cost me about $800 per month.
As the internet grows and expands, not only is SEO going to get more competitive, but it's also going to grow more lucrative. You could quite easily capitalize on this industry if you know what you're doing. This doesn't just go for doing work for clients, but also for yourself. You could launch any number of online businesses, niche websites, and blogs with the right amount of SEO skills.
If you have more internet bandwidth than you know what to do with offer to share with your neighbor for a small fee. Label your SSID (the name of your WiFi network) something like “Visit apartment 207 for internet.” If you have fiber optic internet at 50 to 100 mbps you could possibly rent up to 15 people easily and still have lots of bandwidth. This is a great way to earn money fast.
Most of them have told me that if I’m interested in consulting, I have to talk to someone at Deloitte. Do you think I could pick your brain on your job and what motivated you to choose Deloitte? I’d especially love to know how you made your choices after graduating from Michigan State. [THE PHRASE “PICK YOUR BRAIN” IS ONE OF THE BEST WAYS TO ASK FOR ADVICE AND FLATTER, AND “MICHIGAN STATE” REINFORCES SHARED BOND.]
The big thing I want to emphasize is that this process took time. It didn’t happen overnight. If I had I spent a little bit more money to hire a team earlier on, I don’t know if I would have succeeded any sooner, because I was building authority in my niche and trust with my audience—two things you can’t buy. There are indirect ways to build authority and trust, through buying exposure on Facebook, through advertisements, or other advertising platforms so that people can find you sooner, but you still have to earn that trust. You still have to provide value and actually help people in some way.
We need to get this out of the way first, and besides, maybe you haven’t thought of this because you’re in complete panic mode. Check the sofa cushions, your pants pockets, old coats in the closet, and your car, where spare change may have fallen between the seats. If you haven’t ransacked your home lately and cleaned yourself out, there’s got to be some money lying around.
Companies like Graze, Blue Apron, FabFitFun, LeTote and many others are on the rise. In 2016, it was estimated by Shorr Packaging that there were 21.3 million box subscription websites, up from just 700,000 in 2013, a roughly 3,000 percent increase. What's most interesting here are the consumer demographics. The typical visitor to a box subscription websites makes roughly $78,436 a year and is in their early forties.
Seek a payday loan or title loan as a last resort. Companies that offer payday and title loan services are commonly available, and can be a way of making quick cash. However, these typically offer extremely high interest rates (sometimes with percentages in the hundreds). If you cannot pay the loan and any interest back within the stated timeline, you risk even higher interest costs or, in the case of a title loan, the loss of your car. Avoid these types of loans in all but the most dire circumstances, unless you are certain you will be able to pay the loan back.
Social media is an integral part of any business but it’s time-consuming and ever-changing – so really quite difficult to keep up with and, more importantly, capitalise on. Many business owners are willing to outsource this time-intensive task, so it’s a great opportunity for social media fanatics. Bundle together a few interesting offers, such as “Startup social media kit” or “Small Business Social Media Starter Kit” that encompass everything from social media graphics to analytics reports and the seamless experience will bring you more clients than you expect.
Reduce monthly debt payments: Not all of us are in such a dire situation that we can just have our debt forgiven. However, you can cut your payments by up to 80% by refinancing. Most credit cards have interest rates above 25% and Even Financial’s listed loans are as low as 5%. It wont change the amount of your debt, but it can reduce your monthly payment significantly.
For example, if you are an affiliate marketer for Musician's Friend, an online musical instrument retailer, you can advertise their products on your site. If a person visits your site, and clicks on the link that takes them to the Musician's Friend website, and they purchase an instrument within a certain amount of time (24 hours or more, typically), you get a commission on the sale.
Don't let that stop you from starting a blogging business. There are lots of very successful bloggers out there – we're talking 5 and 6-figure-a-month levels of success. What you absolutely must avoid doing is starting a blog about “how to be a successful blogger.” How can you do that when you haven't achieved any success yet yourself? Faking it until you make it is not a business model we'd advise anyone to follow.
Use a credit card’s cash advance feature. Some credit cards will allow you to withdraw a certain amount of cash by using it at an ATM. This can help you come up with cash in a hurry. However, the interest rates on cash advances are usually much higher than the credit card’s usual interest rate, meaning that you will eventually have to pay more.