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How To Make an Extra $1000/month in 2020

In a real and sustainable way

// THREAD //
This was inspired by a blog post I saw that was titled the same as this thread

Charging scooters and taking surveys is not sustainable, or a quality source of income for that matter

There are 3 ways to start generating an extra income that I understand fairly well myself

We will stick to these

These are all low-risk, they require $0 to get started and can turn into $1k/month within a few months
1. Freelancing

I'm not talking about Fiverr or Upwork here (although for some these can work)

I'm talking about getting businesses to pay you what you are worth

In order to start freelancing, you need a skillset that people will pay for
Skills people will pay you for:

- Web design
- Copywriting
- Email marketing
- Paid ads
- SEO
- Product/service sales
- Graphic design
- Photography/videography

Pick one and start learning
Start learning via YouTube, courses, articles, etc.

Once you understand the skill, don't hesitate in trying to find clients

Your first few clients won't pay as much as later clients

You will learn the most about your skill with real world application
How do you get clients? Its hard to explain in a thread

Here's a free guide instead

gum.co/land-your-firs…
2. Info products

Info products seem to be all the rage on Twitter and for good reason

You create them once and you can sell them forever

You can probably create one based on your current knowledge
If you are a proponent of mindfulness, you could create a meditation guide

If you are a wiz with Photoshop, create tutorials on a specific topic

If you enjoy hiking in Arizona, create a travel guide
In order to sell info products successfully, you have to have a decent understanding of marketing and be able to drive traffic to your offer

If you just throw up a gumroad link without having an audience or traffic source... nobody is going to buy it, clearly.
A great way of building an audience is on Twitter

My friend Dallen has laid out the path for you in TGC

Highly beginner friendly with step-by-step instructions growing your account with a supportive community behind you

(aff)

thedankoe.com/tgc
3. Affiliate marketing

Similar to info products, but you don't have to create the info product

You can become an affiliate for nearly any product imaginable

As an example, this thread was scheduled with @hypefury

I'm an affiliate for them because I love them
As we discussed earlier, you cannot just get an affiliate link and expect people to buy

You need to either have an audience or other form of traffic like a blog

Some people sell like crazy in the DMs alone, no traffic.

Endless opportunities
With all of that said, there are endless money making opportunities online from beginner to advanced

Don't fall into the 'charging scooters' or 'taking surveys' trap

If you want further guidance, I have 3 free guides that will help you get started

thedankoe.com/free
RT if you enjoyed and hate online surveys

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