If I were to tell you that you could earn a full time income by only spending one hundred dollars a month, I bet it would seem a little too good to be true. And when something sounds a bit too good to be true, lets face it, it usually is. But not this time. The reality is, I have spent the past three years doing so, and now you can to.
The key lies in selling information.
These days e-books are an extremely hot commodity. Not only are they easy to create, but there is no overhead or shipping involved. Once set up, your only costs will be the monthly cashier and webhosting fee, which actually amount to less than one hundred dollars per month!
But first things first, you need to have a product that is worth selling on your hands. Let’s take a look at 9 steps that you could help you to earn a full time income off of.
1. Figure out what you are passionate about.
If you are going to sell information, you are going to need to be an absolute expert on the subject. This requires choosing a subject that you are extremely passionate about, because when it comes down to it, you will be living and breathing the topic for years to come.
2. Find out if there is a market for your area of expertise.
Just because you are passionate about a topic, doesn’t mean there is a market for your product. You may like turtles from the Galapagos Islands, but does anyone else really care?
The best way to find out if there is a market for your product is by inputting search terms into the Google Keyword Tool. This will tell you exactly how many potential customers you will be able to attain once going live with your business.
3. Make your business as niche as you possibly can.
If I were writing an e-book that helps people to make money, I wouldn’t want to write a book called, “How to make money.” This is too broad, puts me in competition with too many people, and doesn’t have a specific target audience.
I would narrow the topic down as much as possible. A better niche might be the title of this article. “How to earn a full time income with one hundred dollars per month.”
4. Do your research.
Before writing an e-book, read as much as you possibly can on the subject. When I began writing my e-book on online dating, I still needed to know what everyone else was saying. In order to give qualified advice, one must be open to all ideas, and become as knowledgeable as possible in his or her field.
5. Write the book.
This is where the real work comes in. Your e-book should be unique, have realistic goals, and most importantly deliver results. No matter how great my book is advertised, without the success rates I have, it is nothing. If your book brings nothing new to the table, then you need to go back to the drawing board and figure out what is missing.
6. Turn yourself into a recognized expert.
Ask local staples in your community to perform seminars. Interview experts. Contact as many websites in your niche as you can and try to write for them. Do whatever it takes to get featured media credentials. The more of these you rack up, the more customers will know that you are the real deal when they arrive at your website.
Its time to build a website that fits the product at hand. Make your website easy to navigate, attractive to customers, and provides valuable free information as well. People will want some free tips before committing to a purchase.
8. Get people talking.
Continue writing for websites. Get on every social media site out there and share everything. Join linked in and make connections. Blog on your site a few times a week. Comment on forums in your niche. The more you get your name out there, the more you will take off.
9. Start selling.
Congratulations. You are officially a recognized expert on your subject. Now get out there and start making money. Good luck!
Matt Wilson is Co-Founder of Under30Experiences, a travel company for young people ages 21-35. He is the original Co-founder of Under30CEO (Acquired 2016).
Matt is the Host of the Live Different Podcast and has 50+ Five Star iTunes Ratings on Health, Fitness, Business and Travel. He brings a unique, uncensored approach to his interviews and writing. His work is published on Under30CEO.com, Forbes, Inc. Magazine, Huffington Post, Reuters, and many others.
Matt hosts yoga and fitness retreats in his free time and buys all his food from an organic farm in the jungle of Costa Rica where he lives. He is a shareholder of the Green Bay Packers.