Generating money online is one of the easiest and most fun way to make money ever. Imagine yourself getting paid for the time you spend watching your favorite game or TV show, or for practicing your favorite activities.
Generating money online though is different from building a business online. The difference between the two is like the difference between playing soccer with your friends in the weekend and playing for Real Madrid. To build a business you need a plan, clear tasks, and consistent efforts with calculated outcome from each minute spent on it.
Back to the subject, generating money online doing your favorite things is as simple as following these steps:
Make a list of the things you are most passionate about, including sports, TV shows, hobbies… etc.
Decide how you can provide publishable contents about them: such as writing, photography, videos… etc.
Build a website about the easiest one to do, you can build more websites later. It’s not a rocket science, and it doesn’t cost a lot (as low as $3.5/month).
Provide a piece of content every day for 3 days, then every other day for about 3 weeks. Every time you do so send an email or post about it on your Facebook wall to get your friends to visit your website. We only need the visits now.
Apply for a contextual advertising publisher account, such as Google AdSense, Adbrite, Miva… etc, and to affiliate networks like Google’s affiliate network, Amazon, and ClickBank.
Place a contextual ad block somewhere above the fold, and on the side column place an ad for a product very related to your website content from the affiliate networks. If you can recommend it at the end of each piece of content do so.
Publish a modified version of each piece of content on your website, if possible, on content sharing websites. For example, if your contents are videos, publish a short teaser on YouTube and link to your website. If it’s articles, modify your article and publish it on article directories like EzineArticles.com and link to your website.
Work on it 30 minutes every day. it should be more than enough after the initial website building.
You have multiple streams of income from your website as a publisher and an affiliate.
You own a website. In other words, you own a virtual real estate that you can sell when you need money for a big lump of cash.
Do that for all your hobbies and favorite activities and you might be able to replace your regular job or even retire.