Art of Making Money Online

Genius of Human Mind and Murmurs of the Human Heart

Step 1 to Making Money Online

Posted on | August 23, 2010 | 69 Comments

Jot down what you want to achieve at the end of your six month effort. Example ;earn your first $1000 0r $10,000 on the internet’. I want to be known for…… I want to help people …….

Jot down at least 5 things that you are interested in. Example I am interested in rare coins, rap music, football strategy. Try to be as specific as possible.

Jot down at least 5 skills that you think you possess. Example web design, writing, making management presentations, diplomacy, writing music, playing guitar etc. Be as specific as possible. Even if you don’t have any skill, it is perfectly alright at this stage. You will soon discover your talent.

Jot down what spontaneously excite you the most  in the past but which you are clearly not interested in.

At this stage be liberal with your list and don’t be too worried that there are too many areas or diverse areas. It need not make sense at this stage. Often we are interested in things that we know little about but feel that it will be good for us. When we get into the details we are likely to change our mind or it could be an area that not many people may not be interested in or willing to pay for it.

Those areas are not useless and nothing should be discarded outright at this stage. You just need to prioritize according to you end goal. The area that is not paying today, may boom tommorow. So if you have a lot of time you can even start in all areas.

Now take the most important step.  Copy your list and place it everywhere you spend your time. Place a typed version on your desktop wall paper.

Reflect and keep changing the list for a few weeks. Sleep on the ideas. Conceptualize the end state. Jot down some elaboration of each idea. Continue to get more and more specific.

Don’t eliminate anything.

Now create a word document with a table. In the first column type in the areas above that interest and excite you . Now do a yahoo, google or bing search in each area. Review the top 5 hits in your view  and cut and past the html link  to those sites in column 2 and a short description in column 3.

Don’t get disheartened  that you idea or area of interest has already been done by someone else.  Chances are it has been. The trick is to create  your own unique twist ti it and this will be done later. Instead you should be happy that there is something already available to adapt from and it will in fact save you a lot of time.

You now have a list that captures your end objective in areas that you are roughly interested or excited in. You also have a  more realistic idea of the specific areas you are interested in rather then a perceived passion. After reviewing the web content you should feel free to adjust your priorities and number then accordingly. Also you may put into a  remark column  your hunch on how you could narrow down the area more specifically

Pat yourself on the back. You have completed the most difficult Step 1. Many quit way before they reach this stage.

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Step 2 – Making Money Online

Posted on | May 26, 2019 | No Comments

The stage is set to take some action.

Pick the top priority area you drafted in Step 1. Don’t think too much or procrastinate at this step or you will never do anything. ;

Quickly make an outline of your idea. The essential ingredients are as follows:

Title – Very important to give a unique and catchy title. It will ultimately become your website name. Dont worry about whether it ranks highly on keyword search although it is very important to be successful in terms of traffic.  At this stage it should focus on being catchy, linkable to the product and service and unique. It can be changed later and therefore don’t take more then 30 minutes.

Introduction – Leave this empty – you will be able to fill this up when you complete the conclusion

Body – List at least 5 enabling aspects of your product or service that will make it complete. If it is an Ebook or training program, then this should be the Chapters and topics. If it is a product then this list should be the main features to be included in the sales page that explains this product is so special or niche.  If it an overall theme then you list the different brands/products that constitute the niche. For example, web traffic includes SEO, social media, marketing, backlinks, PPC, PPV, youtube, etc.

Marketing plan – Once you have a fairly clear idea about the product or service, you can now determine the pricing and how you will market the product. You have to narrow down to the specific market, join relevant newsgroups and subscribe to newsletters to let the data on the product flow to you.

You need to research on keyword and adwords to determine how much people are willing to pay. You will need to further refine the product and identify a unique selling point to make the money in the short run.

If you have more time to build the product then your focus should be its uniqueness and creation of your own brand. You have to clearly identify how you are going to monetize you website. Is it adsense, affiliate payouts, direct sale, amazon, ebay auction or a shopping cart

Conclusion – Should summarize your product or service, highlight its unique selling proposition and how it matters to the buyer. What benefits are they going to specifically get.

Don’t worry if the idea is not complete. Take it from me that it will never be.

Finally take the most important step. If you have already subscribe to a  hosting service,  then spend your first additional $10 to get the right domain name base on a good keyword/adword analysis. If not, then go to blogger or wordpress.org and create you own free blog. Quickly create your categories and/or posts/pages according to your intro, lists and conclusion. It is alright to leave the page empty at this stage. You are going to fill this up and change it overtime.

Most importantly you have an outline and the pages in place. This step alone will guarantee that you will complete this project. Your website or blog will evolve and improve from here on.

In the next step, I will lead you to set up your website of blog step by step.  Many are afraid or confused about this most important step.

Great Big List Of Legitimate Ways You Can Make Money At Home

Posted on | November 12, 2016 | No Comments

Who couldn’t use a few extra dollars? If you’re retired, you know living on a fixed budget can sometimes get tough. If you’re a student, it’s best to keep focused on your grades and earn your degree, but you could certainly use some extra cash for a fun weekend, to shop for gifts, or to buy a ticket home.

Whatever your reason, making extra money has never been as easy as it is today. There are so many jobs that you can do remotely, or on your own time. You just need an internet connection, a smartphone, tablet or laptop, and the desire to make money. So, here’s a great big list of ideas that can help you start making real money online.

1. Make and share videos

The next time you catch a once-in-a-lifetime moment or silly event on camera, don’t forget to share that video online. You might just get lucky enough to have your video go viral, and your momentary internet fame could bring in some big money.

Take Candace Payne, for example. She shared a video of herself wearing a Chewbacca mask that went viral almost immediately. With more than 150 million views, Payne received around $420,000 in gift cards and cash prizes.

Of course, it doesn’t happen that way for everyone. But you can still earn money by sharing videos online. Here are the best three platforms:

  • YouTube: YouTube is no longer just a place where people post their home videos, it’s actually become a place where video makers produce high-quality content. And those who are successful have found that YouTube is also a way for them to make money. Click here to listen to our podcast for a detailed breakdown on how it works.
  • Amazon Video Direct: Just like YouTube, Amazon Video Direct lets you post videos for free and anyone around the world can watch those videos. If your video is free to the public, Amazon Video Direct will keep 45 percent of the ad revenue it generates. If you make a video that’s available for rent or subscription, Amazon will keep 50 percent of ad revenue. For videos that only Amazon Prime members can watch, Amazon will pay you $0.15 for each hour that a person streams your videos.
  • Facebook Live Video: Imagine posting a video on Facebook and getting paid just for having your friends watch it. This is what we saw happen to Candace Payne in the example mentioned previously. But Facebook also allows video creators to include native ads, which could become a source of extra income. Another perk is that Facebook’s algorithm pushes videos to the top of news feeds so that they get more clicks, shares and views.

With all of these platforms, the key to turning your videos into a source of income is to build a large following. Produce high-quality content, or content that offers a unique perspective, and you’ll eventually attract more viewers – which leads, of course, to more views and attracts advertisers.

Next page: Keep reading for more ideas to make money online.

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    50 Online Business Ideas – Small Business Trends

    Posted on | November 9, 2016 | No Comments

    These days, one of the main tools you need to start a business is an internet connection. There are so many different opportunities out there to start businesses online. And in some cases, you don’t even need much more than that connection in order to get your business going. Here are 50 online business ideas you can start right away.

    Online Business Ideas

    Blogger

    Blogging is a viable business opportunity that allows you to choose a niche that really suits you. And you can make money through advertising, affiliate links, infoproducts or any number of other avenues.

    Virtual Assistant

    Businesses and professionals can often use the help of an assistant to manage tasks like email and social media. And you can offer your services to those clients online as a virtual assistant.

    Social Media Manager

    If you’re social media savvy, you can offer your services to brands that want help managing their social media accounts on a daily basis.

    Social Media Consultant

    Alternatively, you can simply offer your social media expertise to clients online instead of actually managing the accounts for them.

    Social Media Influencer

    Or you can instead focus on growing your own social media accounts. And if you garner enough influence within your network, you can build a business as an influencer that works with brands to promote products and services on your account.

    eBook Author

    If you have a book idea in mind, you can write your own ebook and get it published on online platforms like Amazon.

    Online Course Creator

    You can also share your knowledge with people online by creating your own courses and selling them on your website or email list.

    Business Coach

    If you have a fair amount of business expertise, you can offer to consult or coaching services to clients and communicate with them via email or video chat apps like Skype.

    SEO Consultant

    You can also offer a more specialized type of service like SEO for businesses that want to improve the chances of their websites showing up in search results.

    Affiliate Marketer

    Affiliate programs give you the opportunity to earn money online by posting links to various products and services and then earning a share of each sale that you refer.

    YouTube Personality

    For those entrepreneurs who are comfortable in front of the camera, you can start your own YouTube channel and earn revenue through ad shares.

    Podcaster

    You can also start your own podcast and sell advertisements or sponsorships to build a business around your content.

    eBay Seller

    If you want to sell actual products, you can really easily set up an online store on platforms like eBay and sell a variety of different products.

    Handmade Business Owner

    Or you could opt to make your own products and set up your own handmade e-commerce store or set up a shop on a platform like Etsy.

    Web Designer

    If you have some design savvy and knowledge about websites, you can offer your services to clients as a web designer.

    Website Developer

    You can also build a business by helping out on the back end of the website building process. This requires a bit more technical knowledge but not as much design savvy.

    Graphic Designer

    Or you can offer some less technical design services but still communicate with and attract clients online as a graphic designer.

    App Developer

    If you have a lot of technical knowledge about mobile apps, you can build a business as an app developer for clients or you can even build your own app to sell.

    Domain Reseller

    Everyone who wants to start their own website first needs a domain. That means they need to buy that domain from somewhere. So you can build a business by purchasing domains and selling them.

    Freelance Writer

    For those who want to start a writing business without starting your own blog, you can offer your writing services to outside clients as a freelancer.

    T-shirt Designer

    Online platforms like Redbubble and CafePress make it incredibly easy for entrepreneurs to add designs to t-shirts and similar products and then sell them to online customers.

    Remote Tutor

    You don’t have to meet with people in person in order to be an effective tutor. You can set up online meetings with clients to help them with a variety of different subjects.

    Online Advertising Specialist

    If you’ve got some knowledge about online advertising options, you can offer your services to businesses that want to use online ads to promote their offerings.

    Travel Consultant

    Travel agents aren’t as popular as they once were. But you can still build a business as an online travel consultant to help customers and groups find the best possible deals on travel options.

    Proofreader

    You can build a business as a proofreader or editor for various businesses, authors and other clients who want to send you their work online.

    Stock Photographer

    If you want to build a photography business that’s mainly online, you can take photos and then sell them on stock photo websites.

    Website Copywriter

    Another potential writing business opportunity, copywriters help businesses create the copy for their websites.

    Virtual Tech Support

    If you have a fair amount of tech knowledge, you can set up a service that provides remote tech support to clients who contact you online.

    Contract Customer Service

    You can also offer services to businesses that want to outsource their customer service communications.

    Software Developer

    For those who are familiar with the ins and outs of creating software, you can offer your services on a freelance basis to businesses, or even create your own software programs to sell.

    Marketing Consultant

    If you’re an experienced marketer, you can also offer services to businesses that want help creating and carrying out their online marketing plans.

    WordPress Theme Developer

    WordPress is a popular platform for blogs and websites. So you can build a business by creating pre-made themes for people who want an easy way to put together their own websites on WordPress.

    Researcher

    There are plenty of opportunities out there for researchers to offer services to writers, businesses and other clients online.

    Membership Site Operator

    If you have an idea for a niche website, you can offer paid memberships for people who are interested in being a part of the community or accessing any other benefits offered by your site.

    Blog Network Creator

    You can also set up a network that’s specific to bloggers and have members pay a fee or earn money through ads or info products.

    Advertising Network Creator

    Alternatively, you can set up a network aimed at bloggers, site owners and other online businesses that want to find sponsors or advertisers and vice versa.

    Online Public Relations

    Public relations is certainly a viable business opportunity. And you can build a business that mainly communicates with clients and publications online.

    Website Maintenance Service

    For those who want to work with businesses that already have websites, but could use some help maintaining or managing them, you can offer your services as a website manager or maintenance provider.

    Website Critique Service

    You can also specialize in critiquing websites for businesses that feel like they might need to make some changes or improvements to their online visitor experience.

    Online Recruiting

    For those who want to help business clients find the best team members, you can start a recruiting service that finds and contacts candidates mainly online.

    Resume Writing Service

    You can also work with clients that are looking for jobs by starting a service that helps them put together resumes and cover letters.

    Life Coach

    If you want to help clients with a variety of different issues, you can start a business as a life coach and communicate with clients mainly online.

    Meal Plan Service

    Or if you want to get more specific and help clients plan out their meals and nutrition, you can offer a meal planning service where you consult with clients online and then send them a plan based on your consultation.

    Custom Illustrator

    If you’re a skilled artist, you can offer custom illustration services to clients who reach out to you via your website or other online channels.

    Video Ad Creator

    You can also specialize in working with clients that need help creating video ads to appear on YouTube or other online platforms.

    Direct Sales Marketer

    For those who are skilled in sales, you can build a business by offering your services to business clients and then reaching out to potential customers online.

    Financial Consultant

    If you’ve got a fair amount of financial knowledge, you can build a business as a financial consultant and work with clients who reach out to you online.

    Bookkeeping Service

    Or you could offer bookkeeping services to various businesses and just set up an online communication system to make things easy.

    Online Newsletter Service

    Setting up an online newsletter is fairly straightforward. And if you build up a sizeable network, you can use your list to sell products, services or earn revenue by working with other businesses.

    Lead Generation Service

    You can also provide a service to business clients that need help generating leads online.

     


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    How to Make Money With Your Blog

    Posted on | November 9, 2016 | No Comments

    Welcome back to our eighth – and  final – installment of the How to Start an Online Business series. We’ve covered what you need (and don’t need) to make money online, how to set up a WordPress site, what you need to do to drive traffic to your business, and now, we’re going to talk about monetization. In essence, I’m going to tell you how to turn the site you created into a money maker.

    So, you’ve started your blog. You envisioned it, you built it, and you shared it with the world. You’re quickly gaining Twitter followers and your Facebook posts are getting tons of likes. Great! But let me ask you: what good is all of that if it’s not making you any money?

    Sure, this may not be entirely about the money, as is the case for many of us. But, if you’re going to turn this into a side hustle (or a full-time gig, like it is for me), your site needs to be able to generate income.

    There are three general ways that you can pay the bills with your website. You can sell your own goods (as an e-commerce site), sell someone else’s goods (using affiliate marketing), or utilize display advertising. Since I only have experience with the latter two, those are the ones I’m going to cover today.

    Display Ads

    Display ads often get a bad rap, and that’s probably because they can be used poorly and, honestly, can even be annoying at times. Sometimes, you go to a website just to quickly check something out, and you end up clicking through a number of pop-ups. Other sites have more ads than content on the page. And, depending on the topic, you can even end up with some pretty shady stuff on your pages.

    If handled properly, though, ads can be complimentary to your content, and even helpful for your readers. And you can make sure that your visitors are neither inconvenienced or bothered by the ads you display.

    1. Where to Get the Ads

    There are a few places where you can find ads to place on your site, in order to make money. I would recommend the two that I use: AdSense by Google and Media.net by Bing.

    Both are very, very easy to implement. You’ll sign up for an account, pick the size and type of ad you’d like to use, and insert the provided snippet of code into your site. That’s it.

    The code will scan your content and display ads that are relevant and related. For example, if you go to a page on Dough Roller that talks about credit scores, AdSense and Media.net would look at the page and show ads that someone interested in credit scores might find valuable. Go to another page on the website, and you’ll probably see completely different ads.

    These might be valuable to you or they might not, but I personally think it adds a lot of value. The ads might not always be for products that your readers need, but for some, it might be exactly what they’re looking for. It’s one more resource for them, and a way to earn money for you.

    You can log into either company’s platform and view how your ads are doing. See how many times the ads have been shown, how many clicks they’ve received, how much revenue you’ve generated, etc. And you can also change your display settings. This is very important.

    For instance, I came across a big dating ad on one of my sites, which, of course, had nothing to do with personal finance. I doubt many of my readers would find that valuable, and many might even be put off by seeing that on the page. All I had to do was go into AdSense and disable all dating ads, and they were excluded from all future ad generations.

    2. Where Do I Put Them on My Site?

    So, now you have a display ad account. Where on earth do you put them on your website?

    From my experience, ads placed within the content do better than those tucked away in headers, footers, and sidebars. They can all generate income, of course. Content ads seem to do better, though, from what I’ve seen. This makes sense because as people are reading through the page, they will inevitably come across the ad and be forced to evaluate whether it interests them (and is worth the click).

    You need to be careful here, as you don’t want your page to be too full of ads and look spammy. One of my own rules is that I don’t put ads above the fold – this means that you won’t see any ads in the content until you choose to scroll down the page. Hopefully, people are coming to the page to read my content. If they continue reading, they may come across an ad or two, but they won’t be inundated. I do have an image ad in my header, as it tends to be very relevant and helpful. Those are very easy for the reader to ignore, though, so I keep it there.

    3. Quick AdSense

    You may still not understand exactly how to insert these ads into your sidebars, headers, or footers. With WordPress, it’s easy: you just drop the code into what’s called a widget. But what about putting it into your content? Do you need to insert that code into every single article you publish?

    Please, please don’t. This may not be an issue when you’re first starting out. But what if you need to change this code later on, after you’ve already published hundreds or thousands of articles? You’d need to go in and edit every single one.

    A better option is to use a WordPress plugin such as Quick AdSense. It’s a free tool that you can download, which will automatically insert the display ad codes into each article you publish. You can set it to input codes in the middle and the end of each article, for example, or wherever you want them. And if you need to change your code in the future, for whatever reason? You just change it in the plugin, versus going through each and every article.

    4. How Much Will I Make?

    This is what you’ve really wanted to ask, right? I get this question all the time: How much can I really make with click ads? Some people say you’ll hardly make anything, because each click only earns you a few pennies. Don’t listen to this, though. How much you make depends entirely on two things: how much traffic you get to your site and the topics you cover.

    This seems pretty obvious, but the more traffic you draw to your site, the more money you’re going to make on ads. More people will be clicking, and more revenue will be generated. In the beginning, sure, you’re probably not going to earn very much. But as time goes on and your readership grows, so will your revenue.

    The topics you write about will determine your advertising value, as well. Advertisers are bidding on keywords through these display ad websites, so your applicable keywords matter. An article about investing will be far more valuable to AdSense or Media.net than an article about a book. Investing can encompass any number of related topics (and therefore, ads), whereas books are a very narrow topic and don’t have a wide profit margin to begin with.

    I know many, many bloggers who make thousands of dollars a month. In fact, I know some that make five figures a month on display ads, and even some that I suspect make six figures a month. Of course, their sites are getting millions of visitors a month, but they worked up to that.

    My point is, making money with display ads is more than possible.

    Affiliate Marketing

    The other realm of monetization is through affiliate marketing, which I also utilize here on Dough Roller. This is the practice of using a special link (An affiliate link) to direct a visitor to a particular company or product. If they then sign up for that service or buy that product, you earn a commission. Think of it as an online finders’ fee.

    There are a number of ways to make this work for you and your site, and even some that I want to point out as worthless.

    5. Affiliate Networks

    One easy way to get started with affiliate marketing is by joining an affiliate network. These networks act as middlemen and connect you to advertisers in whom you may be interested. This takes a lot of work out of the equation, and saves you from having to seek out individual accounts.

    You’ll need to sign up for an account through one of these networks – some of the ones I use are Commission Junction, Link Share (now Ratuken.com), Impact Radius, and even, in some ways, Amazon. Once you sign up for an account, you can search through their available companies within the network, and apply for different companies’ programs. Some are easy to get approved for, and others are quite difficult (especially if you don’t yet have a lot of traffic).

    But joining the affiliate network makes it easy to find them all in one place and apply.

    These affiliate links can be a very good way to generate income. Some of them may not earn as much as others, but every penny counts. For instance, I had someone send an unfriendly email a while back accusing me of only reviewing a book so that I could link to Amazon and make a commission. I laughed, because I don’t make much money off of Amazon at all. If I link out to a $10 book and someone buys it, I’ll earn 5% — that’s a whopping $0.50. Last month, I made $50 on Amazon. Sure, it’s $50 I didn’t have, but it’s certainly not “quit your day job” money. And I’m not going to review a book on the site just to make a couple bucks off of the few people who buy it.

    Write about the topics you would cover anyway. Don’t write about a topic just to be able to throw in an affiliate link, but if there’s one available? It’s a great way to help monetize your site and keep it going.

    6. Don’t Waste Time on Banner Ads

    This one is pretty straightforward.

    So, with affiliate marketing, you have the option to create banner ads within the networks. They’ll let you generate links that you put right into your website, which will automatically create image and text ads. They’re very easy to grab off the site, and your affiliate code is automatically included.

    However, in my experience, they’re pretty useless. This is because we, as internet readers, have become desensitized to banners. We look right over them and hardly ever take the time to read them. That’s not to say that they won’t generate any sales or income for you, but I certainly wouldn’t spend a lot of time or effort on them. They just don’t work very well. My suggestion is to stick with affiliate text links.

    Which begs the question: where do you put those text links and how can you best use them?

    7. Write (Good!) Reviews

    Text affiliate links work well in review articles, whether it’s a review of a product, service, or whatever. But here’s the key: before you write a review, make sure that it will actually add value to the conversation.

    Scour the web and find the existing articles out there. Then ask yourself if you can do something different. How will your review be better than what’s already out there? Of course, this won’t guarantee a first page ranking on Google (especially if you’re a new blog), but over time, this will add value to your site, your readers will find your reviews useful, and you’ll start ranking higher and higher in search engines. Oh, and one thing I’ve learned is that reviews are infinitely better if you’ve actually used a product or service before writing them, rather than just researching it online first.

    This is why I mentioned Blender Dude a few installments back – he obviously uses these products. He tries them out, he creates video comparisons, and he writes thorough reviews based on his own experiences. His readers have come to trust his opinion and expertise, and his reviews are stellar. I’ve found that this concept works great on Dough Roller, too.

    We have quite a few reviews on this site: credit cards, books, services, etc. Some may not be that great, especially from the earlier years. But we now ask ourselves first, “Why should we add this to the internet?” And personal experience always results in a better review.

    I did a review recently on the Chase Sapphire Reserve card, for example. In my case, I actually applied for the card, got it, and used it. I used the rewards that came with the card and even learned a few things that I would have never known, had I not experienced them firsthand.

    So, utilize reviews for both your content as a whole and for affiliate marketing. But make sure the reviews are adding something to the conversation, and not just an excuse to throw in a link.

    8. Comparison Articles

    I’ll mention Blender Dude again here (no, he’s not an affiliate) because I think he really has an excellent approach to his business. One of the most valuable things he posts are comparison articles. I mentioned how that’s the reason I even came across his site: I was trying to decide whether to spring for the more pricey model, and his comparison of the two was exactly what I needed.

    Comparisons can be very useful for your readers, especially those trying to make a decision about similar products or services. And these articles, in turn, are a great place to include your affiliate text links.

    9. List Posts

    Readers love lists posts, and for good reason. They’re a great place to find a number of options or tips on a related topic, all in one easy-to-read place. But again, you need to ask yourself first if your list post is meaningful.

    Also, just know that any good list should be helpful first, and monetized second. Meaning, don’t just create a list of affiliate links for your readers. Rather, create a helpful, educational list that they can reference when they need it. If there are affiliate links available for a few of the products or services? Throw them in after the fact.

    We have plenty of lists here on Dough Roller, with many, many options shown that don’t have affiliate programs. In fact, some of these lists have NO affiliate links included. They’re just things that I think my readers would find beneficial, and I want to share the information. One of my most popular pages (that gets a ton of traffic) involves getting an estimate on the value of your home. My readers obviously find this very valuable, and keep coming back. That’s great! It doesn’t have a single affiliate link on there, either, but that’s ok. As long as visitors find it useful, I’m happy.

    While making money from your site is certainly an important factor, it shouldn’t be the first or only factor.

    10. Don’t Sell Your Soul

    While I’ve outlined a number of ways that you can generate income from your website, I want you to ensure that you don’t sell your soul in the attempt.

    The vast majority of pages on Dough Roller earn marginal revenue, if any at all. I mentioned this in one of the earlier installments, and I mean it. There are a few posts that I have which earn the majority of the site’s income, and I’m perfectly fine with that.

    I view those money-maker posts as the commercials, with the rest of the posts – which earn little or nothing – as the show. You don’t want 55 minutes of commercials and 5 minutes of your favorite show, do you? No, quite the opposite. So, generate income from the big articles. Have a few that make good money, and let the rest add to the content value of the site. It prevents you from driving readers away and allows you to pay the bills.

    Take my podcast, for instance. I have spent a fair amount of time on it over the years, and it doesn’t necessarily make me much money. I don’t currently have advertisers on the podcasts, though that may change in the future (I’m talking to you, Vanguard). But that’s alright. I think that they provide a lot of information and guidance for my listeners, and that’s enough for me. There needs to be a good balance.

    One more thing you may come across is sponsored posts. I get requests for these all the time, but I’ve actually only done two in the ten-year history of Dough Roller. I’d clearly market it as a sponsor post so the reader knew, and I would only allow posts about products or services that I already liked, but they’re just not my cup of tea. There’s nothing wrong with them, per se, but it’s not what I like to do with Dough Roller.

    That’s where I have drawn my line in the past, and you’ll need to draw your own. Be sure that you set your own limits for your online business, and don’t sell yourself out for every penny possible. Work toward creating something solid and helpful, and the money will continue to come.

    Now, Put It All to Work

    I hope you’ve enjoyed this series as much as I’ve enjoyed creating it. You now have the basic tools needed to start your own online business. Whether you want it to be a hobby, earn enough to pad your emergency fund, or even turn this into your full-time job, you know where to start. Please keep me updated as you continue you own online business journey – I would love to hear about your successes!

    As I mentioned before, you’re welcome to join the Dough Roller Facebook group. It’s a great place to ask questions and get wonderful answers, and the community that the members have built is one of the best. Hope to see you there!


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      How to make money selling your stuff on Facebook

      Posted on | November 4, 2016 | No Comments

      Want to sell some old stuff? You can always hold a yard sale, but that’s a ton of work.  

      Then there’s Craigslist, but that opens you up to all  sorts of creepy people emailing you, to say nothing of the foreign scammers who want to send you a bogus check.

      But now there’s an easier, safer way. Facebook has just launched Facebook Marketplace, a direct competitor to eBay, which lets you sell things you don’t want to people in your area, and buy things they don’t want..

      It is actually a re-launch, as the first attempt at Marketplace stumbled. But with so many people joining Facebook selling groups, the site is now committing to making it work.

      Closets Full of Clothing

      Mary Jane Calderon, like so many moms, has too much children’s clothing and shoes.

      “I have lots of items from my kids that I’d like to get rid of, taking up too much space at home,” the Northern Kentucky mom said.

      So she found a local Facebook sale group and was stunned by how fast she made a deal. “I sold my first item a few weeks ago, I sold a couple of items I was just getting ready to throw away,” she said.

      Safer Than Yard Sale, Bigger Audience

      More and more people are buying and selling on Facebook. It’s easier than eBay — with its strict rules and seller fees — and safer than Craigslist.

      Sheila Meece started selling on Facebook last year, after some bad experiences elsewhere. “I’m leery of Craigslist,” Meece said. “You hear about all the dangers and strangers. I’m not comfortable with that.”

      Now, though, she’s becoming a pro of sorts in her local Facebook Buy-Sell-Trade group. She’s currently unloading some furniture, a chandelier, a crystal vase, vintage bottles and jugs, and two old chandeliers.

      Of course, Meece admits, she could always hold a yard sale.

      But she hates to have strangers showing up at her house, and knows that items like her old tin toys might get her a couple of bucks at a yard sale. She knows from researching online that she could bring in a lot more money selling them to a bigger audience.

      So Meece shared her tips for selling successfully.

      • Search for a “Facebook Yard Sale” or “Facebook Buy Sell Trade” group in your area (different areas call their sale groups different things, so make sure you do several searches).
      • Look for the new Marketplace icon at the bottom of your phone app or Facebook page  in the days ahead.
      • If it’s a closed “Buy Sell Trade” group, ask a member to let you join.  A closed group won’t have as many possible buyers, but everyone in it has been vetted, so you don’t have to worry as much about con artists or creepers.
      • Join 2 or 3 groups, such as one for your neighborhood, one for your county, and if you want wider reach, one for the whole metro area near you. That way you can post to multiple groups of people at once.
      • Then take several Instagram-style photos, and a do a thorough write-up. The write-up should have a good description of the item and its condition, while you want to post at least 2 or 3 good quality photos.

      With many people obsessively checking Facebook every 10 minutes, Meece says, you should find an interested person soon.

      How to Make the Sale

      When someone contacts you, Meece says, find out if they are serious, then agree to a price. Don’t lower your price too much for the first person you hear from.

      Then, make sure they are trustworthy. Meece loves Facebook because you can then research your potential buyer.  “You can pop onto somebody’s profile, and can get a little idea who they are, where they are,” she said.

      If they seem to be safe, and the price is acceptable, arrange to meet outside a supermarket or gas station for maximum safety (unless it is someone you personally know, or a neighbor down the street). Some police departments even encourage Facebook and Craigslist hand-offs outside their police station.

      First Sale Goes Well

      Mary Jane Caleron was nervous with her first sale, but “the buyer checked out, and I made sure we went to a public place.”

      There, she made her first sale, of an aquarium and accessories.

      Meece, meantime, has already made several hundreds dollars this year, turning her trash into other people’s treasure. Her biggest sale was a pair of vintage railroad lanterns that she sold for $175. She says she would have been lucky to get $40 for them at a yard sale.

      If there’s no Facebook selling group in your neighborhood or town yet, expand to your county, or just the entire  area. And remember to look for both Yard Sale groups and Buy-Sell-Trade groups (which seem to be more popular).

      Chances are you won’t have to travel far to find one, you’ll be able to sell your stuff, and you don’t waste your money.

      ____________________

      Don’t Waste Your Money is a registered trademark of the EW Scripps Co.

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