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Nomadic Jake 🌎 @NomadicHustler
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Quick Thread…

~ 9 Tried and True Ways to Make Cold Hard Cash on the Internet ~

If you’re a noob, pay attention.

Below you’ll find business models people use to make real money online.

No hype. No bullshit.

Just calculated risk, action, and cold hard cash.

Te lo juro.
First and foremost…

I’m no guru.

Just a dude with 0 clients who makes a full-time income selling other people’s products on the Internet.

Nothing less. Nothing more.
Hell, while I wish I could help my old clients...

I simply don't have time these days:
Why?

Because I've built a business based around passive income generation.
It took me years, but I finally figured it out...

Which is why I'm writing this thread.

I’ve been around these parts for a while.

Got some skin in the fooking game.
P.S:

If you dig this type of content, you’ll definitely dig my new eBook…

→ How to Make Your First $1 Online: A Beginner’s Guide to Online Business Success

Coming out soon to any and all subscribed here:

nomadichustle.com/email-list-sig…
Anyway…

This is what I’ve learned:

--> 9 Tried and True Ways to Make Cold Hard Cash on the Internet
Numero Uno:

→ Dropshipping

You sell products you don’t physically hold and earn a profit.
Pros of Dropshipping:

-> Great way to start making real money quickly
-> Highly scalable
-> Can get “rich” with this business model
-> Little overhead
-> Low startup costs
-> Easy to venture into new markets
-> Teaches your FB ads, Copywriting, and more
Cons of Dropshipping:

-> Highly competitive right now
-> Assets worth less than other businesses
-> Takes money to begin, i.e. ad costs
-> Not as “passive” as people think
-> Little control over supply chain
For the best damn info on dropshipping around the web, check this out:

nomadichustle.com/start-dropship…
Oh, and make sure to follow:

-> @StartSellingSSS
-> @schm7dt
-> @kobegatsby
Numero Dos:

→ Niche Sites

One of my favorite business models for noobs.

You create small niche websites with a few dozen pieces of content.

Each article is designed to sell using affiliate marketing.
Pros of Niche Sites

-> Nearly 100% passive if setup properly
-> Little competition in the right niches
-> Sites worth 20-30X monthly profits - aka building an asset
-> Little to no startup costs
-> Teaches you SEO, Copywriting, and more
-> Ideal for beginners or as a side hustle
Cons of Niche Sites

-> Slow growth
-> Might not make a dime for six-months
-> Dealing with shitty affiliates
-> Not that scalable
-> Reliant on search engine traffic
-> Won’t get anyone rich
If you have a fetish for purely passive online income like me, niche sites are ideal.

Check out these guys for more info:

-> @KyleTrouble
-> @andytraveler_
Numero Tres:

→ Freelance Copywriting

The absolute easiest way to start making money online if you’re a native English speaker…

Writing.

Content writing.

And then, copywriting.
You write words for other people anonymously.

They pay you cold hard cash for said words.

It’s that simple.
Pros of Freelancing

-> Easy way to make money ASAP
-> Only skill required is writing
-> No money needed up front
-> Great way to learn a skill
-> Can start charging more quickly
-> Great to fund travels at first
Cons of Freelancing

-> Trading time for money
-> Not that scalable
-> Not truly working for yourself
-> Easy to get stuck charging low rates
-> Not getting rich freelancing
But there’s a little more to it than that.

I freelanced for a good amount of time and lived off my earnings, but I never crushed it like I do with affiliate marketing these days.

If you’re looking to learn from a pro, check out:

-> @DennisDemori
Numero Cuatro:

→ Blogging For Bucks

Many have said blogging is dead.

In some ways, they’re right.

In many ways, they’ve simply never been able to turn a blog profitable.
I personally still blog because it puts money into my pocket while I sleep every damn day.
Pros of Blogging

-> Long term strategy
-> Part of a personal brand
-> Organic traffic is free and valuable
-> Grows over time
-> Turning free views into email subs is the end game
Cons of Blogging

-> Slow ass growth
-> Only so much can be said
-> People don’t read as much anymore
-> Must have something to sell
-> Need to know SEO
-> Overall better ways to make money online for most
Still, it’s a viable strategy and many people have made a ton of cash by blogging over the years.
Numero Cinco:

→ Private Label Branding

Where you import products from abroad with your own label on them and then sell them for an impressive markup.

All the while…

Building a brand through social media and ads to support your sales.
Pros of Private Label Branding

-> Highly profitable
-> Potential long-term play
-> Control over the brand, payments, and supply channel
-> Building something that can grow outside “You, INC.”
-> Less competition
Cons of Private Label Branding

-> Greater barrier to entry
-> Capital upfront
-> Higher risks
Honestly, this is the business model that interests me the most right now.

One that I’ve been working on under the radar for a few months now.
If you’re interested in this, make sure to check out:

--> @Nappyb0yy

Dude is a legit expert on creating a private label brand.
Numero Seis:

-> Freelance Web Design / Agency

I’m no expert here, but I personally know a few guys making damn good money selling website design.

You note I didn’t say “designing websites” - I said selling website design.

Important distinction.
Pros of Web Design

-> Quick way to 5K or more per month
-> Real skillset
-> Working with real companies
-> Easy to transition into digital marketing agency
-> Everyone can learn to code
Cons of Web Design

-> Dealing with client headaches
-> Competing with low-cost foreigners
-> Finding ways to add value through a website
-> Scaling only comes with hiring
Again, I’m no expert here, but freelance web design and making big bucks is incredibly viable in 2018.

Te lo juro.

For more info, check out:

@TheStoicRoad
Numero Siete:

→ Social Media Marketing

I had no idea, but this is one incredibly valuable online business model.

I guess the ass shot thots on the ‘Gram got something right.
Apparently, some call this “personal branding” these days.
It’s simple…

Once you have a following you promote products to them every now and then.

Your own stuff and affiliate marketing products that you get a cut from.
Pros of Social Media Marketing

-> Huge profit potential
-> No need for product or inventory
-> No need for a website
-> Crazy simple if you have the audience
-> A little copywriting goes a long way
Cons of Social Media Marketing

Well, there’s really only one I can see…

-> You have to have a large enough audience to make it work
I’m just learning the ropes and scratching the surface of this model, but many guys are making a whole hell of a lot of cash doing this - including:

-> @EdLatimore
-> @WesternMastery
-> @TJRicks_TSP
Numero Ocho:

→ Email Marketing

You send emails to people who signed up to be on your list for one reason or another. Often, you include links to the products you recommend.

If they buy, you make cash.
Pros of Email Marketing

-> You own the list
-> People invested in what you say and recommend
-> Highly profitable
-> Long term strategy
-> Easy way to interact with an audience
Cons of Email Marketing

-> People make you earn their emails
-> You must add value to keep em’
-> Need to have a brand first
Again, I’m still learning about this business model.

But damn is it a good one.

One that I'll be using for years to come.
If you’re looking to learn how to build a brand around email marketing, then two experts come to mind...

-> @BenSettle
-> @AJA_Cortes
Numero Nueve:

→ Creating a YouTube Channel

You already know how this one works...

You put a video on YouTube and then people subscribe.

They watch your videos.
You promote your email list or product in the video and/or description.

You make money.

Sometimes people make money from ads, too.
Pros of YouTube Videos

-> Highly scalable
-> YouTube will promote for you
-> Huge audience potential
-> Great for brand building
Cons of YouTube Channel

-> Often won’t work for ugly people
-> More competitive by the day
-> Takes speaking skills and video editing ability
Honestly, I’m not an expert here.

My first channel got deleted and I haven’t put much effort into my new one.
But @SamLifeAfar knows a whole hell of a lot about building a channel and brand through YouTube.

Highly recommended following if you’re into that business model.
And with that...

I'm off. Surgery tomorrow and I wanted to provide the timeline with some heat before.

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