When I read about how to make money on the internet, in most places I find a system or link that is too good to be true. However, there are individuals who are doing well. That is why I share my favorite ways to ways to make money in 2020 with integrity (so that it fulfills your vision and helps others):
10 ways to make money in 2020
1. Education and training
This is my favorite and the one I’ve been practicing for the past five years. This is something that almost all prestigious universities have been doing (teaching online). And now more than ever it is easy for entrepreneurs and companies to launch online schools.
2. Offer a service
Offering a service is the easiest way to start because you do not require an investment to start. The editor of my podcast, Ian Robinson, is helping podcast creators edit their shows to increase the value of their productions. There are many different ways to provide a service and it’s just about discovering where your talent is and what solution you can offer others.
3. Create and sell products
If you have an expertise in virtually anything, then you can package it and transform it into a book, course, software, podcast, DVD and more. The best way to spread the word and sell these products is through webinars.
4. Membership sites and continuity programs
A champion in this arena, and for whom I have great respect, is Ramit Sethi. It has an incredible continuity program (Ramit’s Brain Trust) and each month offers useful and specific information to its passionate community. The community trusts its wise address and pays monthly to continue having access to its community and resources. The beauty of this model is that you sell something once and get paid every month.
5. Affiliate Marketing
Nick Reese has done a great job building websites, developing remarkable content and selling other people’s products on their sites. Reese obtains a commission for each sale or lead generated to the company. So he never had to create his own product to build his business.
6. Create a site and sell ads
Derek Halpern is a beast in this. The legend behind SocialTriggers started a celebrity gossip site a few years ago and had millions of visits a month, which he took advantage of by selling ads on the site. Another great example is Tina Su from ThinkSimpleNow.com who does an amazing job on this while sharing her inspiring content.
7. Sell content sponsorships
John Lee Dumas generates more than $50,000 a month selling sponsorships in his podcast. This can be done through podcasts, developing a niche website or with a video show. Create content around your passion and find sponsors that are attractive to your audience.
Creating and promoting events, whether online or offline, can be very profitable. Michael Stelzner does events online and in-person with thousands of attendees, all of which began with a simple blog a few years ago.
An inspiring part of the Integrity Podcast Network is Jonathan Fields. He directs the Good Life Project where coaching sessions and councils are held in different and exotic locations throughout the year, which he sells at a high price. This can be done online and offline; For example, Fields is a teacher in both.
10. Be creative
Jason Sadler is a creative entrepreneur. He used his online platform to make money using company shirts with iwearyourshirt.com. Now he sells his last name for about $50,000 a year, sells sponsorship pages in his new book and continues to push the limits of ways to make money in 2020 by being creative.