Technology’s Increasing Impact on Supplemental Income

Technology’s Increasing Impact on Supplemental Income

Because of the world’s ever-growing online market, many people are beginning to see the benefit of using technology to adopt unconventional methods of gaining income. In the many years running my Kyani business, I can easily attribute technological advances to my success and recent rank advancement to Blue Diamond.

If you are sick of the typical 9-to-5 rat race to make a living, then you may want to consider these unconventional ways of getting money. The possibilities are endless, but here are 10 ways you can make some extra money.

Write a Book

Do you feel you know a certain subject well enough to provide advice? Or do you have an area of expertise that would be valuable to tell others about through a book? Thanks to the online market, advertisement and marketing books has become increasingly easy.

Instead of spending money on printing books to sell, you can now simply sell your book in a digital format on websites like Amazon. This could even extend to creating your own website optimized to draw in your target reading audience.

I am in the process of writing a book that outlines how to springboard your network marketing business into higher levels of success.

Arbitrage

Arbitrage is when you hire a middleman to accomplish some of your tasks for you. For instance, if you are a content writer who has been hired by a company to write for them on a regular basis, then you can lend that work out to a middleman and pay him.

You would not make as much money doing Arbitrage as you would doing the work yourself, but the time you save might just be worth it. In running my Kyani business, I learned that there are many things that I am better off sending to a contractor to take care of rather than wasting my time learning how to do it. Plus, they do a much better job than I can.

Invest in Stocks

Investing in stocks has been an old, common, and effective way for intelligent people to earn supplementary income. Nowadays investing in stocks is easier than ever because of the boundless information on the internet.

Even though much of the information you might need can be found online, there are organizations that provide trading courses where you can learn about the stock market in depth.

Early on, investing in stocks is what gave me some much needed financial capital to live on while I grew my Kyani business.

Design Logos and Graphics

No matter how many logo-building tools and design websites are on the internet, they will always be beaten by professional designers with natural talent. If you have a knack for Photoshop and online design, then why not design from home for some additional income?

This side income may even grow into a full-blown business and overtake your primary source of income.

In addition to living on money from my early stock investments, I periodically did some design work as a contractor online to bring in just a little more money.

Offering Content Writing

If you have a way with words and writing, then you can easily use that skill as a content writer for businesses needing daily content, blog posts, press releases, and articles.

By becoming a freelance writer, you can earn up to $50 an hour with the right clients. Content creation does not need to stop with writing, and your skills could be put to good use for worldwide online businesses through infographics designs and videos.

Blogging

Starting a blog, like writing a book, is a brilliant way to express ideas and expertise in certain fields. What you need to do is use a blog-creating platform to get your blog up and running. Here are some things to do to increase the likelihood your blog will be successful:

Update content regularly

Optimize the blog to generate more traffic

Couple your writing with effective social media marketing

Become an affiliate

Create webinars, lectures, or courses people can sign up for

Sell advertising space

Once you have a profitable following, begin a subscription

Source: https://www.entrepreneur.com/article/308455

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