I couldn’t resist using this headline, but there’s actually no hype in this post. I just want to talk about some direct ways of making money on the internet.
In this case, “making money directly” is the opposite of “passive income.” So quite an interesting turn of events considering that the internet is all-in on the whole passive income concept, right?
In short, this is about freelancing – exchanging your expertise for money.
Not everyone is convinced to freelancing. I know that passive income is a lot more attractive concept in itself. Who wouldn’t want to be able to make money passively, while having a drink at the beach… But, like I said in the headline, before you make it big on the internet, you have to be able to put some food on the table in the meantime.
Freelancing is actually a great way to make money short-term. While passive income is the perfect long-term strategy. Here’s what I mean; the pros and cons of both approaches:
- Freelancing – easy to get started and make money within weeks; however, the moment you stop working, the money stops flowing as well.
- Passive income – takes an awful lot of time just to bring any initial profits; however, it continues bringing profits long after you stop working.
I guess what I’m trying to say is that you shouldn’t disregard freelancing as a possible income stream just because your goal is to grow your “passive” business. In my opinion, getting both pieces of the puzzle working together is the best approach for online entrepreneurs.
Now, the funny thing about freelancing is that you don’t really need a CV or anything like it to get started. The only required element is one client willing to throw money at you in exchange for some specific service.
Of course, you do have to possess the necessary skills just to be able to deliver that service, but that’s a whole other story. You can start your research by taking a look at one of my guest posts. It focuses on the things that every beginner freelancer should pay attention to:
Although the post above lists some places where you can go to get your first deal, there are actually a lot more websites and job boards out there. For a more extensive list, feel free to visit another post (title not accidental):
The best thing about the freelancing world is that you can find work on literally tens if not hundreds of different sites. And sometimes, all it takes is having a good hire me page on your own site (I had a number of request purely through my hire me page).
Anyways. One of the most significant problems in the freelancing world, besides getting clients, is productivity. As it turns out, managing your own time is much more challenging than you’d think.
There are many posts about the issue of productivity on this blog, but the simple advice I have for you today comes inside the following post:
To be honest, I was always a late-riser, mainly because I liked working at night. But even I, and it was one of the most surprising revelations, am much more productive if I get up early. Really, there’s no better feeling than having your work done by 11AM… Check out the above post to find out how to do it.
And last but not least: What do you think of freelancing as a genuine way to make you money short-term?