Ideas To Make Money
Over the years I have heard many interesting, odd and even wacky ideas to make money from the people I have gotten to know around the Internet marketing community. What fascinates me the most about many of these ideas is that they don’t always have to be complicated. For instance, about 10 years ago, I had a friend who developed a membership website that told the stories of how certain individuals became successful. My friend was told this idea would never work by many of the so-called “online gurus” back then, but he had a steadfast belief in himself and he went ahead with his idea anyway. He ended up making a killing off of his membership site, and he recently sold it not too long ago for six figures.
I even had another friend who developed software around an idea that I actually came up with. Back in the early 2000s, I pulled together almost a dozen other marketers and created a system that referred subscribers to our lists. By using this idea, we were able to exponentially grow the size of all of our lists. My friend took this idea and, with my blessing, was able to create software around this method that made him quite wealthy. Unfortunately, I was too busy with other projects to invest in his spinoff idea. However, this just goes to show you that one idea can be turned into multiple profit streams.
The most important thing to keep in mind whenever you are trying to dream up these ideas, is not to over think everything. If you look at the wildly successful Twitter, it was really born from a simple idea: allowing people to communicate with quick blurbs of text, which famously became known as “tweets”. Even Facebook was not an original idea, as there had been many other social sites created around the same concept well before hand. However, Mark Zuckerberg put a spin on an already well used idea, and became a multimillionaire. So as you can clearly see, trying to brainstorm ideas on how to make money does not always have to be complicated or even an original idea.
Here is a great exercise that I often used to help me brainstorm some quick money making ideas: first I will look at a potential market that I feel has great potential, then I will start researching some of the products that are targeted towards this niche. Then I begin to jot down ways I can expand on a product idea that is already out there and how I can create a unique selling proposition around it. By doing this simple exercise, I have come up with countless profitable ideas I have used over the years. It is an extremely powerful method that really gets the wheels churning in your mind. Even if you don’t view yourself as a deep thinker, I guarantee you that you will be shocked at some of the ideas you dream up, once you start putting some real thought into it.
Finally, don’t let fear hold you back, or negativity. Try to have a positive attitude and most importantly of all, take action on just one of the ideas you think can be profitable, and don’t procrastinate and sell yourself short!
