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5 Incredibly Hard And Stupid Ways To Make Money Online

Make Money Online is perhaps the most over-discussed subject in business. For many people, whether they’ve heard of or been part of dotcom booms and bust or not, “make money” is synonymous with “online.”

On one hand, there’s money making potential in renting, lending, swapping, bartering, and gifting, according to Andy Yates of Real Business. Then there’s money to be made online in publishing, blogging, providing services, selling products, trading information, and crowd-sourcing.

There are, however, ways you should not make money online.  For one, there are scams. FBI even posted information on Common Fraud Schemes and how you should avoid them.  We Blog Better has busted some online money making myths that you should read up on.

Finally, there are the stupid ways to make money online. An idea qualifies as “stupid” when you base your business on false hopes, abortive attempts, or hype instead of a sound business model and a great product or service. Here are 5 incredibly hard and stupid ways to make money…

Stupid Ways To Make Money Online

Gigs

Filling up forms, typing documents, taking surveys, applying for mystery shopping, or doing anything that a company doesn’t want to do itself but instead offers you cash for doing qualify as gigs.

Temporary gigs are fine but do them for yourself and not for someone else. Start a service business if you are so inclined to provide services or if you believe that you can offer value by helping others with your skills.

Online or offline, taking up part-time jobs are no way to make money. It’s another thing if all you want is some extra cash. Even then, picking up one of these ways to make money online just because the Internet is ubiquitous and allows you freedom to work from anywhere is unproductive and non-scalable.

Reading emails, rolling advertisements one after the other by clicking away to eternity in exchange for pennies isn’t business; it’s foolishness. If you do something for a fiver, then all you are worth is a fiver.

Blogging

Don’t be surprised with “blogging” as a stupid way to make money online; because it is—when you think of it as a money making outlet!

There’s a train of thought that goes:

blog on a niche you are passionate about and you’ll make money off your blog

That’s true. The problem, however, is that for most niches that you can think of, there are way too many blogs. Competition isn’t bad per se, but too much competition makes a market “saturated”. When there are quicker, faster, and better ways to make money, why do you have to spend years blogging away to make a few cents and dollars?

Do publish blog posts when you have to use it to market a viable business. Write blog posts when you want to communicate your knowledge, passion, and experience. When you want to publish for the sake of publishing, please do it by all means. Just don’t begin to depend on blogging to feed your sons and daughters.

Multi-level/Network Marketing

Robert T. Kiyosaki was right when he claimed that network marketing is one of the best and most practical forms of business education in his book The Business of the 21st Century. Multi-Level Marketing – online or offline – is a great, low-cost, and effective ways to learn the art of entrepreneurship. But that’s as far as learning is concerned. The best use of networking is to spread the word on your products and services, not to force them down others throats!

If you really have to make money, start a real business. Sell products or services that you fully control. Online MLM opportunities such as SFI and Empower Network aren’t bad. It’s just that they are not your businesses. You are still working for some smart people who figured out a way to make money online.

For them, it’s real business. For you, it isn’t.

Me Too

Visit any popular business blog or attend a startup seminar, and you’ll see statements such as these flying around:

“I want to create a retail app such as StoreYa or Storefront Social for Facebook.”

“I’d like to create an online deal platform like Groupon or Snapdeal.”

“I’d love to start a new review site similar to UrbanSpoon or WhoIsHostingThis.”

When there’s no dearth of products and services for you to provide or review, why go for a particular set of products and services to review on that have been done to death already?

Drill down niches if you have to. Pick a narrow niche where there seems to be growing interest on but not too much information to begin with. Create magazines or forums that cater to demographics exclusive to that niche, but be warned – everyone from adrenaline junkies to food addicts, expats in a particular country to project managers are already catered for.

Do yourself a favor: avoid the “me too” trap.

Franchises and Affiliates

If you have the desire and the creative spark, you’d start a run a business on your own. You’d not have to pick up a plug-and-play franchise or affiliate. McDonald’s is a great example of a franchise that has done well for the founder and franchisees alike, but can you name a franchisee?

You don’t need companies to do business for you. You don’t need to partner with a parent company somewhere in the UK and then run “their” business in the US or elsewhere in the world.

If you are so inclined, pick up reseller opportunities backed by world famous brands. Start a web design and consulting business with Adobe Business Catalyst backing you up. Go ahead and consult small businesses on Google Apps by earning a Google Reseller Certification. Provide PPC services as a consultant after going through a Google AdWords certification program.

If making money online were so easy, why would startups exist? Why would anyone go for a business of their own? If everyone who buys a laptop and rigs up an Internet connection can make money in 90 days flat (as some programs or schemes promise), why bother with anything else?

In reality, not many of these schemes really work. You might make a few dollars if you are lucky but that’s not business. Make no mistake, I’m not saying you cannot make money by blogging, franchising, freelancing or reselling popular products—what I want to emphasize is that relying on them as a surefire way to earn your living or realize your dreams amounts to futility.

Time is precious. Your efforts need better recognition. Don’t lose your soul and your “self” to mindless schemes and half-baked prospects. You deserve more.

Have you ever burnt your fingers in any of these “opportunities?” Would you like to share your experiences with us?

Image courtesy of Flickr user: Tax Credits

About the Author

Rohan is a serial blogger and digital strategy consultant at E2M Solutions. He also helps startups develop remarkable user experiences at Only Design. You should follow him @searchrook on Twitter.

Ultimate Guide: How To Use The Google Keyword Tool

SEO opportunities abound in their largest quantity online. It’s such a wild and untamed world out there; where people make money just by knowing which keyword or not is good and also going to bring in money too.

But how exactly do the top gurus in our niche research about those hidden keywords that will bring in money when a blog is built around them? Which company’s search tool do they utilize?

Well, it’s quite very simple. What majority of them use is called – The Google Adword Keyword Tool, and it’s a keyword machine from Google which is – wait for it – absolutely free to use by all persons in the blogosphere.

So quickly, let me show you the simply way to utilize and effectively use the GKT (Google Keyword Tool).

How to Use the Google Keyword Tool

Once you have your keyword, proceed to Google Keyword Tool.

After the page finish loading asynchronously, at the left hand side of your computer (as shown you below) minimize the Saved ideas (0) tab. The essence of minimizing the Saved ideas (0) tab is for the “MATCH TYPES” to show clearly (the tab is blocking the other check boxes obviously); in your computer maybe it’s even blocking the entire check boxes.

How To Use The Google Keyword Tool

Once you have minimized the Saved ideas (0) tab, you’ll now be able to see the 3 check boxes clearly

The check boxes in corresponding order are:

Broad (default search), [Exact] search, and “phrase” search.

What are their Functions?

They simply control the amount of search competition data that you’ll get to see in every research you do when you hit search on GTK (Google Keyword Tool).

What do they do individually?

  • Broad Search

It’s normally the default search box that’s always ticked whenever you open up the GTK for some keyword research. What it does personally when you search for a keyword with it ticked is it reveals the largest amount of search for that given keyword.

Example-

Let assume your keyword is guest blogging. If you use BROAD SEARCH on “guest blogging”, it will show you the competition for your chosen keyword, not only that, it will also show and add all similar keywords variations related to that keyword you’re searching on.

That means, if you search competition for “guest blogging” which has “2,900” Global Monthly searches when you tick and search using the EXACT MATCH search, but when it’s searched with BROAD SEARCH, it will add other related keywords monthly searches to the main keyword’s own too; like “guest blogging service – 590”, “guest posting – 1,300”, “guest posting services – 260” etc., as you see, they’re are all related to guest blogging.

So, when you add all those numbers (their global monthly searches) it will definitely increase the global monthly search for “guest blogging” from 2,900 (using EXACT MATCH search) to 14,800 when you use BROAD SEARCH.

  • Phrase Search

When ticked, it offers more refined keyword search than the BROAD SEARCH. This means, it doesn’t search and add all the similar keywords related to the initial keyword as BROAD SEARCH does; instead, when it’s ticked and used for searching out a keyword – it searches and adds only other related keywords’ monthly searches which contains the initial keyword to the keyword that was searched.

Example: If you search for “guest blogging” using PHRASE SEARCH, it will sum the monthly searches for -

Guest blogging service – 590”

Guest blogging opportunities – 110” etc

. . . To the monthly searches for the main keyword – “guest blogging – 2,900”. But unlike BROAD SEARCH, it won’t add other related keywords’ monthly searches that don’t have the main keyword – “guest blogging” in their name.

For example, “guest post”, “guest post services” and “guest blog” won’t be summed and added to “guest blogging” because none of them carries the main keyword – “guest blogging” in their name.

  • Exact Search

It’s the most specific and accurate amongst the keyword match types.

When you tick the [EXACT MATCH] search when you want to research on a keyword, it will only show you the monthly searches for the keyword which you typed to search.

Example -

When you tick [EXACT MATCH] for “guest blogging”, it won’t sum and add any related keywords and then show you their monthly searches jointly; instead, it is so restrictive that it will show you monthly searches for ONLY “guest blogging”, which is 2,900.

Since the EXACT MATCH search is the most restrictive and accurate, it will be what I’ll be using to show you exactly how to use GKT (Google Keyword Tool) effectively in your everyday research.

So back to the guide . . . Once you’ve minimized the Saved ideas (0) tab, proceed to click and tick the [EXACT] match type (as shown below). Like I said, this is to show you just the monthly searches for just “Guest blogging”.

Once you’ve done that, it marks an end to all the tick here and tick there which you have to do before using the GKT. What remains now for you is to hit search for your chosen keyword.

To do that, put your chosen keyword in the Word or Phrase text box and hit search.

NOTE: If you’re not signed into GKT with your Google Account, you’ll have to enter a Captcha code before you hit search. The image below is exactly how you’d see it.

Once you click on search, GKT will load asynchronously and bring out the data for your keyword.

I searched on “guest blogging” and GKTrevealed my keyword’s monthly searches and its local searches all at the same time (image shown below).

The Competition part has three variables under it; which are the “Low”, “Medium” and the “High” variables. It basically shows you the competition for the keyword amongst Adword advertisers. This means if the Competition is at the “Low” variables, it has fewer Adword advertisers gunning for that keyword. If the competition is “High”, then more advertisers are presently using Google Adwords advertising program to advertise on that keyword.

The Monthly Global Searches is basically showing you the amount of people who usually type and search your keyword(s) e.g. “guest blogging” into Google search engine every month.

While The Local Search shows just the amount of people who type and search your keyword in a specific country every month.

So after all said and done, if you want to download your keywords research data and export it to CSV format, click on Download (as shown below) and export it to a CSV file for further detailed analysis.

1st…

2nd…

Now that you’ve found out how to effectively research a keyword using GKT (Google Keyword Tool), would you mine telling us how you were previously researching keywords before . . . Let us know in the comments.

Thanks for reading . . .

About the Author

Yasir Khan is the founder and owner of link building and seo agency, Quantum SEO Labs. He is highly experienced in search optimization and online marketing. Make sure you check out his site for cool Google topics.

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