We live in information age! The future is here and it’s online….and it’s been that way for a while. If you want the freedom to travel, more free time or financial independence then something need to change, probably your job!
Let’s call it what it is, the 9-5 job for the vast majority of people is a means to an end. Trading time for money is a sucker’s game, don’t settle for being a wage slave!
Over the next 6 months i will be trailing all of the below option with the hope of replacing my “9-5 job” with something that is profitable, low maintenance and most importantly…Completely mobile!
Private labelling – branding a product and selling it online.
FBA or fulfilment delivery – shipping a product in mass to a “fulfilment warehouse” which posts individually sold items to buyers for a fixed price.
Drop shipping – client buy product -> supplier are directed to produces product ->Suppliers ship products directly to client. Drop shipping provides a nice hands free option to higher end products.
Kindle publishing – writing and publishing books for amazon and kindle.
Stock photography – selling photos online. Sites of choice are shutterstock.com & stock.adobe.com
Blogging – create a blogging platform to review and/or promote products or services to receive a commission through affiliate marketing via sites like affiliate-program.amazon.com
YouTube – create a YouTube channel and promote products via AdSence & Clickbank. Also by doing product reviews on products that offer an affiliate marketing program
Creating an online course – The site of choice to display and promote course for me is udemy.com
Online Freelancing – taking your skillset and offering it as an online service. The websites of choice to do this are Upwork & Fiver.
Flipping – also known as re-selling. Buying undervalued second hand products online and selling them for a profit. Hint: Check out the “Freebies” category on Gumtree or Craigslist. In combination with “drop shipping” and “fulfilment delivery” this has the potential to make the most profit!
all of these have the ability to generate income online & some will even generate passive income if the right framework is put in place. i will be posting more in depth descriptions and business plans of each income strategy over the next few weeks.
“The art of good business is being a good middleman” – Eddie Temple
-from the movie “Layercake”
Big thanks to:
“The 4 hour work week” by Timothy Ferris
For inspiring me to pursue the lifestyle of the digital nomad
Passive Income: 30 Strategies and Ideas To Start an Online Business and Acquiring Financial Freedom
for giving me a glimpse of what is possible(and practical).