Find a Strong Enough Reason Why…
If you’re not making the money you deserve in life, then you have to find a strong enough reason or set of reasons as to why this has to change, and why it has to change now. Money ranks as the highest source of martial contention and divorce ignitor and it can basically ruin your relationship and your life, so if you’re like most other people then you’re most likely looking to resolve to attract and have more money in your life so these money making ideas will be important to you in 2013.
Money Making Ideas for 2013
So, now that you’ve outlined some of your goals, whatever they may be, you’re most likely looking for some money making opportunities to reach those goals. And, since 2013 is basically upon us (well almost, but depends on when you’re actually reading this blog post) you’re probably looking for a head start on bringing some of those goals to fruition.
Regardless of your skill level, you can utilize these 5 money making ideas to make additional income in 2013.
1 – Home Businesses
The top money making ideas for 2013 involve home based businesses. With just how hectic people’s lives are these days, starting a home based business can be one of the most liberating achievements for any person, but successfully running, managing and turning a profit with that business is easier said then done.
Money Making Ideas: Home Businesses with Franchises
Some of the top money making ideas for 2013 when it comes to home businesses will depend on whether or not you have capital to invest. If you have some capital to invest, then the money making ideas that you should be considering most are home based business franchises, as these are most likely to be your fastest option to getting a business off the ground, especially if you don’t have much experience in running a business. Franchised businesses come complete with training on how to run, operate and manage the business, along with the business systems required to do so such as software for taking sales, managing orders, legal documents, generating reports, accounting, and so forth. A few of the less costly money making ideas for business franchises are Jazzercise, CleanNET USA, System4, and Cruise Planners-America Express Travel.
Money Making Ideas: Home Businesses without Franchises
If money is tight on the other hand, then the money making ideas for 2013 will be a little bit different for you. However, don’t fret if you can’t afford to purchase a franchise since whether or not you purchase a franchise does not guarantee your success or failure. If you do whatever it takes and make a lasting commitment to give your full heart & soul to any of these money making ideas, they will pay off for you. The trick is not giving up when the going gets tough because any of these money making ideas will fizzle out for you when you throw in the towel. Remember to be resolute and determined, and nothing can stand in your way.
However, please note that in some areas you will need licenses so be sure to check your local, city & state regulations prior to moving forward. Also, you should ensure that you’re well protected and incorporate your business. I like to use a service that I’ve been using for years called the Company Corporation, which offers low cost effective incorporation services.
2 – Crowd Sourced Lending
Crowd sourced funds (whether you’re borrowing or lending) has exploded in popularity. This style of financing has opened the doors for both entrepreneurs and investors who were unable to either raise capital for their businesses in the past, or to be involved in businesses investments based on available funds for investment. Many people have heard of the Website Kickstarter.com which allows companies to seek small to large investments from the public based on a business plan.
If you have some money to play with you can easily get involved in the micro lending business with as little as $25 and as much as you want. You can also track your investments, approve who gets the funds, allocate your money to different categories of lending, and so on. You can also use this resource to borrow, if you’re looking to either consolidate your debt or get cash for a new business. This is a great alternative to the traditional bank lending routes and it’s easier to secure financing but it will be money that doesn’t come so cheap.
Prosper is one of the best where you can either lend money or borrow money. However, Prosper only applies to US residents, so if you’re reading this article, and you’re not a US resident, then there are some other options below. Returns on Investment (ROI) from Prosper are based on the type of borrowers that you approve. You can manage all of your investments online and the average yield for lending is 9.69% and it allows you to pick and choose the borrowers through the online.
3 – Consulting Services
The consulting industry is a business that has been on a steady incline over the past decade and the type of consultancy that can be done is expanding with the expansion of new industries. While general business consulting has existed for as long as business has, with the creation and expansion of newer industries such as alternative energy, green building, crowd sourcing, social media, and others, niche consulting is an opportunity to be successful in some still seemingly untapped markets.
The following money making ideas and business opportunities in the consulting services field that are up and coming would include:
… alternative energy
… green construction
… social media
… crowd sourced funding or lending
… new technologies / mobile platforms
… and so on
All of these types of consultancy services offers large rewards but require a high skill set with a very detailed oriented person. If you have expert knowledge in a field, or in a parallel field, and can expand that knowledge, and you have a willingness to really help others, then this may be the perfect field for you.
4 – Affiliate Marketing
Affiliate marketing is one the top ways that you can take steady and consistent action on a daily basis, without a large investment, and without a lot of skill level, and turn it into Internet gold. These money making ideas are crowded with scams so wading through the industry may require some self education and some mistake making. It’s difficult to know who to trust since the so-called “gurus” online are also trying to make money, it’s important to do your research when it comes to affiliate marketing, ask around, call friends, do online searches, check with the BBB, and so on.
Affiliate marketing is really a specialized niche that takes months if not years of personal development and education to be able to “crack”, however once “cracked” you’re essentially given the keys to Fort Knox. There are tons of money making ideas when it comes to affiliate marketing and the Internet is your oyster, however, coming from a tried and true Internet Marketer as myself, I wanted to give you guys a breakdown on the ones that have worked for me. It’s not to say that there aren’t other money making ideas and lead generation tools in the affiliate marketing industry that are reputable, but it’s just that I haven’t necessarily tried them. But, just like in the beginning I’m willing to try just about anything, except now, I have a bit more “real world” experience behind my belt, so I know when something may seem too good to be true.
Here are some of the best affiliate programs in existing on the Web:
Amazon Associates – Hands down one of the best money making ideas on the Internet in that if you have any type of Website that’s popular, you can cross promote Amazon products (which are basically everything under the sun) on your site to earn traffic. There are top Amazon affiliates making tens of thousands to hundreds of thousands of dollars just through passive income streams alone. If you’re interested in money making ideas in the form of affiliate marketing, then Amazon Associates is one that you should not look past.
Click Bank – Another one of the Web’s leading money making ideas and hubs, Click Bank offers an entire marketplace that’s available at your fingertips to promote. If you’re either a vendor, or just someone looking to join the affiliate program, you can click here to go to Click Bank’s site and get started by registering with them today.
Commission Junction – Probably one of the Web’s largest resources for making affiliate commissions, this sit is filled to the brim with money making ideas in the form of affiliate links, banners, and other promotional tools for marketing other products & services. If you have an active site receiving a lot of traffic, then you should check out Commission Junction to find products & services that would go in line with your offerings.
5 – MLM & Network Marketing
Network marketing, and multi-level marketing are some of the hottest opportunities and money making ideas on the Web today, while also being some of the most controversial as well. I’ve covered some reviews for various network marketing companies such as Mary Kay In Touch Business, ThirtyOne Gifts Home Party Business, Xango Mangosteen Juice Business, Tastefully Simple Home Business.
The network marketing business, and MLM business account for billions upon billions of dollars in revenues each year. Just take one simple company such as Amway (the oldest network marketing company in existence) which has been around since 1959, it took in 10.9 billion dollars in sales in 2011 and has 20,000 corporate employees and 2.5 million members peddling its products and lectures, it’s easy to see that this industry is here to stay.
Some people who look at Network Marketing & MLM companies think that they are all scams, but those are the same people that tend to easily give up on things in life. In network marketing & MLM you need what’s called a large downline, meaning members that are working underneath you that you “sponsor”. In order to achieve a large downline, you need to take the time to be actively selling and promoting all the time. Once your downline builds, your members begin to make money for you along with for themselves, thus accelerating the growth. When people quit, the downlines shift up to the sponsors that brought them on, so the ones that stay on, stick it out, and work hard at it (just like anything in life) are the ones that succeed.