Well here it is. I have decided to give you all an inside look at how I make money. Well, at least the top 3 things that produce the most income and one or two ways that will become more profitable for me in the future.
There are a ton of ways to make money working from home and regardless of when you start, who you are or what your results have been in the past, you can do it as well. It just takes action, one step in front of the other and a strong ambition or vision of what you want.
So here we go:
My Home Based Business – The biggest money maker for me throughout the last 4 years has been the home based business opportunity I promote on this website. It has been the reason I created this site. Initially I make money when someone purchases a product with the potential to generate anywhere from $1,000 to $14,000 per customer. Residual and passive income are also mingled into the compensation that pays me add-on sales as I assist others in creating the same kind of success that I have. So it is a win-win situation. I make money only when others create success! It is a highly lucrative business and continues to be my main focus.
Adsense -Â For anyone who has done research into making money with Adsense then you know the potential of this one. You always see checks being cut by Google to Probloggers and marketers all around the world for multiple 5 figures and 6 figure checks for one months worth of clicks. If you think about it, Google is a multi-billion dollar cookie. There is plenty of money to be made with Adsense. I, however, have not hit the multiple 5-figure checks as of yet but my revenue is ever increasing with Adsense. As my blog grows, so will my traffic and every source of income will also increase.- Text Link Ads – This is a service that allows other marketers to place an in-text link on your site for a certain price. How much money you make is dependent on the traffic to your site, your page rank and a few other factors. Not all sites are accepted but you can always apply. Some say that text link ads hurt your search engine rankings with Google while others say that Google can’t tell the difference. So this one is up to you.
So these are the top 3 ways that I generate income with the first being bar far the most lucrative of them all! I also earn commission from other affiliate programs such as Amazon and may list those is a future post as their income increases.
The cool thing about making money, is that there are a ton of ways to do it. The one factor that will determine your success, is what you give you attention and focus to. Right now, my focus is with my Home Based Business and teaching others how to create wealth the same way I have. If I spread my focus too thin between many different ways of generating income, they will all suffer and it won’t be a profitable.
So if you plan on having multiple streams of income, I recommend that you find things that work with each other. For instance, I created this site for my Home Based Business. I started this blog to teach others about my industry, educate them on Entrepreneuralism and assist them is creating success in their lives, so I put Adsense and text link ads in the mix. They all go together and they don’t take my focus away from number one! Make sense?
In what ways do you generate an income? If it is online, be sure fill in the space asking for your website.
David Allred is the author and creator of CFW. David has been teaching entrepreneur minded people how to earn a full time income working from the comfort of home for nearly a decade.
Think about it. Never miss your kids’ events, set your own schedule, choose your own income and enjoy a lifestyle and income which most people only drool over!
Be sure to connect with David Allred on Google+, Facebook and everywhere else!
