I recently came across a classic post from one of my fellow mommy bloggers and I thought I would share it with you. 5 Side Hustles to Make Extra Cash Fast by Tara from Young Mommy Life. I actually do some of the things she recommends like niche blogging and writing. There are so many ways for writers to make money online, from freelance work to ebooks to blogging, the list of opportunities is endless.
I personally don't think there is really such a thing as Fast Money, but I do believe you can make extra money to add to your income if you commit to finding something that you love to sell AND that will actually sell. I say you need to do both because its honestly just not about passion, its also about discovering a product that has a real demand. One of the "money making" solutions I shared with the ladies in my SistaSense Circle (giveaway happening now), is to "start with a profit project that pays."
Real Talk: Startups Don't Payup Right Away. - LaShanda Henry, StartupSista eCourse
Don't get so excited about all your business ideas that you fall into the trap of wanting to do everything at once. I can't tell you how often women say to me, "LaShanda, I want to do these 10 business ventures, where do I start?" My answer is always the same, "Start with the one that has the most profit potential, then use money from that to invest in another venture."
Listen to me... I am getting off topic and this post is about making extra income. For me, the easiest way to make extra cash is through affiliate marketing. It isn't fast, in the sense that I have to wait a month to get my affiliate checks, but it does work. I have a circle of business women around me, so to them I recommend web products that I use and make commissions from those. To the mommies in my circle, I recommend parenting related products and the process works just the same.
Consider this very simple affiliate project. A few months back, I switched over my social network for women entrepreneurs, to a pay for access website. It is not a membership subscription website, new members are only required to pay a one-time sign up fee of $25. As a member of my affiliate program, you make a commission when you share BBWO with the women entrepreneurs in your circle.
Think about it, how many business sistas do you know? You signup to the program, get your unique affiliate id, and then shoot out a quick email or blog post about Black Business Women Online; recommending them to join. If people signup you make extra cash (view video tutorials here). I should add that as easy as affiliate marketing can be, you should not be a lazy affiliate marketing. I find folks who struggle with making affiliate sales are just plain lazy (no offense). They grab a few affiliate banners, throw them up on their website and wait for people to do the work. When what they should be doing is following my 3 R System for Affiliate Marketing:
1) Recommend Products by Sharing Thoughtful Messages
2) Review Products as Blog Posts and Articles so People Get a thorough idea of what you are promoting
3) Remember to remind people about your recommendations and reviews
You don't read everything you see the first time, so don't expect other people to. Sending out reminders helps you reconnect with old people in your circle and introduce yourself to new ones. Taking time out of my schedule to promote other people's stuff is apart of what I do. Once I setup an affiliate marketing campaign, I can forget about it (for awhile) and then just wait for those extra cash checks to roll in.
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