appKarma Review – How You Can Earn Extra Money While Playing Games on Your Phone

app karma review to see if you can earn extra money or not. Is this side hustle meant for you?

Who does not love to earn extra money while laying on the couch watching Netflix and playing games? I thought the same when I started playing with appKarma.

Spoiler alert: I really did not enjoy this application but this is because of my personality. I really do not enjoy playing games on my phone anymore. I would rather be reading or working on our Pinterest strategy (article to come later this year).

So do not stop reading yet! First, let’s find out if appKarma is meant for you or not.

Who is appKarma?

AppKarma is a rewards application that was created by a small software development firm, Darkfield Software, out of California. Darkfield was co-founded by Andrew Lin and Adebayo Olowoyeye.

To be honest, there is not much more information about who appKarma or Darkfield are. I could not even find information about the data they collect except the data about who you are. As a data guy, they have to be collecting more information than that. If not, they are leaving a lot on the table.

Even though this sounds really sketchy, I do believe they are a legit company.

Andrew, not this Andrew, seems very active with the application. Plus, they have over 1 million downloads in the Google Play Store with a 4.7-star rating.

Even though they are small they do seem like a real company.

What is appKarma?

As mentioned above, appKarma is a rewards application. You will earn reward points for playing around with applications you have installed on appKarma.

Basically, you earn points for playing with applications on your phone. Then you can use those points to purchase gift cards.

Throughout the whole process, you can earn Achievement Badges which will give you bonus earnings each time you complete an app offer. These badges can be earned by reaching particular milestones such as installing 5 apps, watching 25 videos, and so on.

You can also earn more through referrals as well!

If you click on this particular link to sign up, I will earn 30% of what you earn! That is awesome!

YouTubers that generate over 1,000 views a week get to upgrade to VIP. This requires you to promote appKarma through your own video. Then you will earn 50% of what your referrals earn compared to the normal 30% rate. The more views a week you get, the better your referral gets.

Do note, since I get this question a lot on my Achievement App article, AppKarma is available to users worldwide except for Vietnam.

Do I like it?

To be honest, I do, to a certain degree. This app, like many others, is not a way for you to earn extra money to get rich fast. You are going to only earn a small amount of extra money to companies like Amazon.

I would compare this service to Google Opinion Rewards. You can read more about that service and how you can earn very little money in 30 seconds or less here. The big difference is that it only takes seconds to earn rewards on Google Opinion Rewards. On appKarma, it takes awhile, you have to level up pretty high in the games to earn the reward.

Enter that spoiler alert I mentioned in the opening. I do not like playing mobile games that much anymore. I do not know what happened but I find 99% of mobile games super annoying. The “Free, With In-App Purchases” platform really bugs me and has turned me off in recent years.

Because of this, I did not find it enjoyable spending time to earn the rewards. BUT! This should not turn you off from trying appKarma if have not had the fun sucked out of you like me. If you still enjoy mobile games, appKarma is the rewards app for you.

Get Signed Up!

It took no time to get signed up.

All I did was hop into my phones app store to download/install appKarma. From here I just followed the instructions after opening the application for the first time. These were the stereotypical instructions, enter your email, username, and password then confirm your email. Nothing out of the ordinary.

The next step I did was start checking off the beginner rewards such as confirm your email, watch the tutorials, enter the referrer code (mine is amolson819), and so on. Before I knew it I was already at 606 points!

Now, once you earn enough points, you can redeem them to earn extra money in the form of gift cards. You can see the different options by clicking on the little present icon in the top right-hand corner of the application. These cards are from many major companies such as Amazon, PayPal, Starbucks, Steam, and so on!

It takes a lot of points to earn the gift cards though. For Amazon, you can get a $5 card with 5,000 points. With my 606 points, I am 12% of the way there!

Conclusion

Overall, I do think AppKarma is worth it. It is a good way to earn some extra money throughout the year. This is something you can do while watching a show on Netflix or Hulu.

Minus Andrew, he cannot multitask while watching a show to save his life.

Just remember, you are not going to get rich while using this app. You will earn some extra money to save some money on Amazon.

When you use my referrer code, amolson819, you will get 300 bonus Karma points! Be sure to do that if you decide to get signed up.

Is appKarma not for you but you still want to earn more money? Check out our Ways to Earn More Money page. Here Andrew and I personally review as many different ways to earn extra money as we can to help you decide if it is right for you.

How I Started An Amazon Affiliate Website To Start Making Money

How I Started an Amazon Affiliate Website to Start Making MoneyHow I started an Amazon Affiliate Website to start making money

THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ OUR DISCLOSURE BELOW FOR MORE INFO.

Recently I’ve committed to building an epic Amazon Affiliate Website in a new competition we’re calling the Epic Niche Site Battle. A contest over a year to see who can build a better niche website. The competition started January 1st, 2018 and this is the entire outline of how I plan to create an awesome Amazon Affiliate Website under $300.

Step 1 – Find a Niche

What do I want my website to do or sell? Do I want to be an entertainment website where people go to be happy and find cool stuff, or do I want to be an authority website where people visit to learn words of wisdom from someone who knows more than them? Or do I want to create another blog that shares silly stories?

There are a lot of choices here, but I wanted to do an entertainment website. I like being fun and frankly if it’s going to be another website to manage. I NEED this to be fun!

Specifically, I chose to niche down to a fun, witty and entertaining website on Holidays. I like holidays because people spend money (or at least expected to spend money) during these times of the year. So I’m going to create an entertainment website based on the traditional things people buy for the holidays. Cool right!

Cost – $0 to think of cool niche ideas.

Step 2 – Find a Clever Domain Name

This part takes time, give yourself plenty of time, like 3 months to come up with a clever domain name for your website. Usually, you want your website/business name or purpose to be reflected in the domain name. You want this to be memorable, easy to type, shorter is better and capable of building a brand around.

I spent 3 months thinking about a domain name. Yes, the Epic Niche Site Battle started 10 days ago, but I could still think of my website beforehand. To think about my holiday website, I came up with over 237 different domain names, slowly fine-tuning them, and emphasizing keywords that made sense to my brand. Those 237 domain names were just the ones that were available when I researched them on GoDaddy.com, there were hundreds more I tried that were unavailable. I went a little insane finding the right domain name.

This is how I felt…..

Eventually, I find a domain name that I absolutely loved! This is personally important to me because if I don’t like it, I won’t be motivated to work on it every week. If you’re not passionate about something, you WILL quit halfway through when the going gets tough. I don’t plan to quit.

Cost – $12 Domain Name + $12 Domain Privacy
*Always buy domain privacy, otherwise you’ll get calls/emails daily from companies trying to sell your new website different services. It’s like telemarketers on steroids.

Step 3 – Create A Fun Logo

This doesn’t seem like a big deal, but I’m a graphic kind of guy and I NEED an awesome logo to rally behind. Honestly, I started to think about how the website logo will look when researching domain names. I wanted to create more than just a name in a silly font, I want to create a whole brand.

Once I had my domain name chosen, I started to research different creative logos on websites like Logopond.com and in Google Search Images. I typed in my keywords and compared what other company logos looked like. I started from there and fine-tuned until I had something that looked different, creative, but familiar.

I had about 5 pages of tiny thumbnail logos sketched out.

I needed and created something that looked professional. I used Adobe Illustrator to create it myself, but you could hire a freelance graphic designer off Upwork.com of Fiverr.com. It just depends how much money you want to spend. I personally hate spending money, so the more I can do myself, the better.

Cost – $0 if you do it yourself, I did.

Step 4 – Claim Your Social Platforms

Right before I create a website, I go through and start claiming all my social media platforms for the new company name. Chances are that if your domain name is unique enough, it should be available. If not, at least a similar enough name should be.

I’m currently going through and claiming a Gmail account for my new company (people trust Gmail), along with a Facebook Page, Pinterest Page, Instagram, and Twitter Profile. I’m doing this now so I at least have all of these claimed in the digital world.

I will use the graphic I created for my logo, as the profile photo for the new social media accounts. =P

You may not need/use all of these in the beginning, but having them for safekeeping is a nice reassurance moving forward.

Cost – $0 for the basic accounts.

Step 5 – Set Up Your Initial Website

I personally use WordPress for all my websites. It’s frankly easy to use, flexible and I like the simplicity. This new website will also be on WordPress. Most websites are.

Setting up a website is easier than you think. I personally use Bluehost (you can use whoever you want) to set up all my websites because they have a 1-click button that sets up a WordPress website for you, if that’s scary, here is a detailed post on how to start a blog written for some friends. Let me know in the comments if you have any questions. We’re happy to help!

Full disclosure, I use Bluehost for all my websites. I’m a big fan. If you want to learn more or use Bluehost, I would LOVE if you used my Bluehost Affiliate Code to check it out. It really means a lot to us!

Cost – $202.32 for 2 years of Bluehost hosting.

*You can absolutely do only 1 year, but there is a better discount the longer you go. I also paid for the Site Backup Pro (in case I accidentally delete something) and SiteLock Security (in case my website gets hacked). Overall $202.32 for two years is pretty awesome! If your website hasn’t made that back in 2 years, we should chat.

Step 6 – Find The Right WordPress Theme

So I went to the same place I buy all my WordPress themes (Themeforest) and searched their hundreds of demo WordPress Themes to find the right one that made sense for my Amazon Affiliate Website. This is the style and look your website will have. I needed a clean looking blog (it’s great for SEO) and I needed a warm looking homepage. I found something flexible and looked professional after a couple hours searching.

I’m a big fan of websites that look professional. If your website looks like it was made by a 5th grader, it will be instantly judged and people will feel uncomfortable. Take the time to give your website a nice look upfront and it will pay dividends for the success of your website. WordPress themes are a great way to give your Amazon Affiliate Website a professional look for a cheap price tag.

All you do with your WordPress Theme is hit “Upload Theme” once you create your WordPress website. It’ll then give you the look and feel of what you saw in the demo theme from Themeforest.

Cost – $60 for a WordPress theme from Themeforest.

Step 7 – Add these WordPress Plugins to Improve your site

There is an infinite number of plugins you can add to your site, but the more you do, the slower your site can run and Google hates slow sites, read Adam’s experience here with decreasing website load times. Here are 6 free plug-ins I add to all of my WordPress Amazon Affiliate Websites to keep them fast, looking good and efficient.

  • Akismet Anti-Spam – Frankly getting spammy comments suck and make your website look crappy. Akismet is one of the most popular plugins to protect your Amazon Affiliate Website from spam. Or turn comments completely off to eliminate spam if you don’t want a comment section.
  • Compress JPEG & PNG Images – This is a plugin we use to automatically reduce the file size of our images. Having smaller file sizes keep your website load times quicker since the web pages don’t have as much to download.
  • Google XML Sitemaps – This helps Google bookmark your website. The plugin does everything automatically. It basically creates a roadmap for Google’s crawl bots to quickly index your site.
  • WP Fastest Cache – Cache plugins help your website load faster and this is one of the best. We’ve tried a couple different cache plugins, but keep coming back to this one.
  • Yoast SEO – One of the most popular free SEO plugins. This will tell you how well your page/post is optimized to be search friendly. I live by this plugin!
  • Viglink – This is an affiliate marketing plugin that’s associated with my Viglink Account (Here’s my experience with Viglink). If anyone clicks on a product on my website, Viglink will track this and I get a commission if they buy something. You can use Amazon Associates for your Affiliate Marketing, but I like Viglink because it has partnerships with 2,000 different stores including Amazon. Viglink is how I plan to make money with my new Amazon Affiliate Website. Here is my personal affiliate link if you want to learn more about Viglink and how it works.

Cost – $0 for all of these plugins.

Step 8 – Create Your Initial Pages

I want my website to be easily manageable, so I’m going to initially set up my Amazon Affiliate Website to be pretty simple. I’m having essentially 3 pages.

These pages are:

  • Homepage where I’ll sell products
  • Blog to write engaging SEO posts
  • About Me/Contact Page

I thought about separating the About Me and Contact Page, but they essentially are the same thing, I’ll have a contact form on my About Me page. In my head, the website is more manageable with 3 different pages (plus future blog posts).

I’m currently setting up these 3 pages and loading the homepage with products to sell for the upcoming holiday. Once these 3 pages are done, you’re website is almost done.

Cost – $0, just takes time.

Step 9 – Write AWESOME Blog Posts (4-5 for Launch)

In most cases, your website will be found by SEO or Search Engine Optimization blog posts. You’ll likely market your website in other ways, but most times blogs are found on Google, Bing or Yahoo. Here is Wallet Squirrel’s SEO strategy.

This is where the hard work comes! Every one of my blog posts must follow the 5 rules I discovered during my research on 50 Amazon Affiliate Website Examples Making Money in a Niche. There were the 5 important variables when investigating blog posts on these successful Amazon Affiliate Websites.

  1. Use Specific Keywords – The more specific the keyword is, the better it’ll likely rank in Google
  2. Review Posts are Popular – Before someone buys something, they want to know what others think of it. So if I have an opportunity to review something for a post, people may use my review post to click through to the product they’re thinking of buying.
  3. Content Is King – Most successful blog posts that rank well have between 1,500 – 3,000 words.
  4. Mix High & Low Priced Items – Don’t have a blog post with affiliate links to all high priced or all low priced products. Keep a diversity of price ranges and don’t overwhelm the reader with products to buy. Provide honest reviews and recommendations.
  5. Get People to the Amazon Store as Quick as Possible – The goal of an Amazon Affiliate Website is to get people to the store as quick as possible. Amazon does a great job at convincing people to buy their stuff, let them do the work and collect your affiliate commissions.

Lastly, always do your research and NEVER suggest/promote products you dislike or don’t agree with just for money. People will ALWAYS see through that.

I’m trying to create 4-5 awesome blog posts for my initial launch. Don’t worry about publishing these all at once. This just gives Google more time to crawl these pages and bookmark them for future Google Searches. After that, I’ll create a new post weekly or bi-weekly. Honestly whatever feels better with my time constraints. Either way, quality blog posts are better with Amazon Affiliate Websites.

Cost – $0 unless you pay someone else to write articles for you, but I write all my articles myself.

Step 10 – Launch Your Amazon Affiliate Website & Market It

After I finish my 3 website pages and 4-5 blog posts. I’ll be ready to launch my website!

This involves more than making it visible to the world. You need to get people to the website. Here are some ideas on how to promote your website and increase web traffic.

  • If you have an Email List, email them on the new website!
  • Create a social media campaign on your social media accounts about the launch. Add lots of hashtags if you don’t have a large following. Also, share with your friends and family, they’ll be likely to share because most people want you to succeed.
  • Post to Facebook Groups asking them for feedback on your new website. Maybe they’ll have ideas on how to make it better. You may even get a few new followers.
  • Submit the URL of your new Amazon Affiliate Website to different News Aggregators like StumbleUpon.com.
  • Try syndicating some of your blog posts to syndication sites, especially if they’re good posts. This may help you tap new audiences.
  • Create an infographic and share with different graphics platforms like Slideshare, Flikr, and other bloggers.
  • Reach out to Bloggers and/or News outlets if your new website or blog posts match their content.
  • Reach out to companies you mention in your blog posts.

Cost – $0 You don’t have to spend anything on marketing the website if you don’t want to. Find free ways to promote your website before resorting to paying for a press release or PR companies. Don’t ever try to pay for links to your website, Google may penalize you for this.

Step 11 – Repeat Writing New Blog Posts and Marketing

Remember the old shampoo commercials of rinse and repeat? That’s how Amazon Affiliate Websites work. Your goal is to attract as many visitors as possible, help them, and send them onward to Amazon to buy a product.

The more you write new content and market your website, the more visitors you’ll bring in and the more products you’ll sell.

Total Cost to Start an Amazon Affiliate Website – $274.32

Conclusion

I just laid out my entire Amazon Affiliate Website template for you to copy. If you follow this outline and track my progress, you’ll find some success for your new website.

I’m currently in Step 8, setting up my Amazon Affiliate Website now. It’s going really well! I should be at Step 9 or Step 10 by the end of January, having only spent $274.32 total. That should easily be made back in the next couple of months, I’ll continue to track and post my progress!

Leave me a comment on how your website is doing and I’ll continue to leave updates on how the Epic Niche Site Battle is going!

Happy Holidays from Wallet Squirrel – A Look Back at 2017

Happy Holidays from Wallet Squirrel – A Look Back at 2017

Fun fact. Did you know there are a total of 29 holidays celebrated between Thanksgiving and New Years Eve?

So on that note, we at Wallet Squirrel, would like to wish you a Merry Christmas, Happy Hannuka, or any other holiday you might be celebrating!

Andrew and I personally would like to thank every single one of you for an awesome 2017!

Because of you, in 2017 we saw a tremendous amount of growth of interest in our journey to becoming financial guru’s, investing ninjas, and financially free. You all have decided to join us on this journey as we all learn together from our personal experiences.

Today, I would like to take a look back at our more popular and well-liked posts of 2017. Let the reminiscing commence!

Side Hustling

We, like everyone else, love to find new ways to earn more money and to see how others are making money. This is why we started searching around the globe for new awesome ways to earn more money outside of our 9 to 5 jobs.

How Andrew made $1.88 Selling Stock Photography in 10 Days – Both Andrew and I wrote several articles about stock photography throughout the year. His about how he made $1.88 within 10 Days of being accepted performed the best. I still own the title for making the most money off of one photograph though, $1,000 and counting.

Earn Money While Working Out With the Achievement App – Achievement is a fun application that syncs up with all of your activities, including your tweets. You earn more points the more you walk, workout, sleep, tweet healthy thoughts, and so on. Let the point earning begin!

How to Sell Something on Craigslist and Make Money – Andrew was able to sell some old stuff on Craigslist. He walks us through the whole process from posting his items to meeting up with the buyer. Pretty cool!

I believe he sold his old guitar. Now that he has a girlfriend, I guess he doesn’t need to walk the streets of Denver serenading women anymore.

Investing

3 Reasons Why Monthly Dividends are Better – Andrew talks about why he believes that monthly dividends are better than other dividend stocks. He walks you through why you should think they are awesome too and how to find those stocks that hand out monthly dividends.

Come learn how you can learn extra money on top of the normal gains of investing.

Cost-Benefit Analysis Example to either Pay Off My Car or Invest? – Andrew was not sure if he should pay off his car or invest the extra money he had. Enter the cost-benefit analysis. He walks through his thought process and how to properly perform a cost-benefit analysis. Check out the article to

see what he ended up doing.

Latest Stock Purchases – Andrew informs us throughout the year about the latest stock purchases he makes. This is intended to help inform us all about new stocks that might interest you. This is one example of those articles.

You can look at his entire portfolio in the investments page.

Personal Finance

How to Pay Off Your Car Loan Faster – Paying off our car early freed up $405 a month! This money has been great so we can be more aggressive at paying off our student loans. This article walks through the different ways we were able to apply to pay off $7,000 in only three months.

How and What to Teach Your Kids About Money – A lot of us have young kids. One question I had was, “How should we go about teaching them about money?” So I did some research and this is what I found out.

9 Bad Spending Habits that are Killing Your Budget – We all have bad spending habits that we need to drop ASAP. For me, I had a lot! Luckily, I have a loving and patient wife that has helped me break most of these bad spending habits.

What are your bad spending habits?

Blogging

How to Start a Blog – I could not believe blogging was still so hot! I thought I was caught in an episode of How I Met Your Mother where Barney was only focused on his own blog. Well, the blogging world is still massive and still hot! It is time for you to start your very own blog!

50 Amazon Affiliate Website Examples – The money that can be made off of affiliate marketing is amazing! This article provides 50 examples to get the ideas flowing in your mind.

Are you planning on starting an affiliate niche website in 2018? Andrew is doing one!

An SEO Strategy – What Works and What Does Not – We saw a 1,500% in traffic growth during 2017. This growth mainly comes from our SEO strategy (also our Marketing Strategy). This is the perfect next step after you start your very own blog!

A New Year

I love the end of a year as it is a great time to look back on the goals you succeeded at and failed. This is the time of the year to prepare how you will concur the upcoming year.

For me personally, I do not succeed at every goal on my list. I am alright with that as long as I learn from my mistakes to make the next year the best year yet!

Next week I will dive more into this concept.

 

Cheers!

Adam

aerial imagery header

Side Hustle Spotlight: How This Teacher Brings Aerial Imagery to Life

aerial imagery header

Side Hustle Spotlight

We are going to start a new series that spotlights side hustles from various people from around the nation, beginning with aerial imagery. This series will hopefully shine some light on new ways for you to make some extra income that Andrew and I do not have the resources or talent to try out.

A Full-Time Teacher, Coach, Husband, and Father Brings Aerial Imagery to Life

Today we will talk with Mr. Haskovec, the co-founder of WHaerial Imagery.

I know Mr. Haskovec through my years in high school as he was my American history teacher about 15 years ago. Wow! I cannot believe it has been that long!

And, yes, I still find it strange to call Mr. Haskovec by his whole name after so many years. 😀

Somehow, this full-time teacher, coach, husband, and father has found time to start this aerial imagery side hustle.

Who Is WHaerial?

WHaerial imagery is a drone photography and videography business located in Northeastern Iowa. They provide customers with new marketing perspectives and opportunities. A recent project that Wayne completed was for a golf course in Waverly, Iowa. The video shows off the course from a unique perspective that traditional photography and videography cannot.

Aerial imagery has really started to boom over the last five years as the technology becomes cheaper. There continues to be more and more creative ways to capture different industries using drones. We have started to see this in the real estate business as drones are able to show off properties very well.

WHaerial has only just begun this side hustle but is already publishing some great work! Let’s see how Wayne and his business partner got started, what it took to get into the field, and what are the challenges of drone photography.

aerial imagery header

1. What do you hope comes out of this side hustle?

Well, to be honest, and upfront….this is a first time endeavor. I am hoping that this start-up will blossom into something that lends itself to more opportunities down the road. The goal is to grow this aerial imagery business into something that will provide not only extra revenue but opportunities to expand. My partner and I decided to officially start a business that features a fully insured and licensed drone company.

There are thousands of drones out and about, but many are not licensed or insured to fly commercially. We are hoping to provide that security and opportunities to our future customers in the Cedar Valley of Iowa.

2. What motivated you to start this venture?

Just over a year ago, I was able to fly one of the first Phantom 4 drones in our area. I immediately fell in love with the creativity and technology packaged in such a small device. The opportunity to capture never seen before areas of my family’s property turned into an absolute passion for me.

As I became better at piloting the drone, I decided to purchase my own drone.

The purchase soon turned into a serious hobby. I was able to show friends and family how unique the drone perspective was. Soon I was capturing images and video and including those creative pieces onto my social media. The excitement and fun I was having made me realize that I could potentially jump into a market of professional aerial imagery. It was a pretty easy to convince myself that I should go ahead get certified, and make money doing something I enjoy.

3. What did it take to get up and running for professional aerial imagery?

My partner and I laid out all of the potential assets we had, which included the two drones that I currently owned. I also invested $150 in taking the FAA certification exam at a local community college that allows for such testing. The insurance and fees for creating our LLC have completed our initial startup costs.

Obviously, there will be more costs down the road….but our hope is to get off the ground (no pun intended) running. In terms of being able to pilot the drone….anyone can do it. The trick, however, is doing it the right way. Making sure you take the time to follow protocol in pre-flight and flight. I have spent the past year getting better at making turns manually without jagged video.

Experience is the name of the game!

4. What is your weekly time commitment to the business?

As of now, it is hard to speculate what future weeks will look like. As of now, we are just waiting on making sure all of our paperwork is in order. My estimation is that once we get into the swing of things, we will be looking at 10-12 hours of pure droning and video editing.

In addition, time will be spent on social media helping to promote our product. Without a doubt, that number per week will increase. With that growth, we are hoping to enlist more certified pilots into WHaerial.

aerial imagery header

5. How are you going about to getting work?

Social Media! Between Facebook, Instagram, and Twitter….we hope to boost sales dramatically as we begin to actively search for projects.

We also have several connections within our area in the real estate and agriculture realms but are going to be diving deeper. As we build our numbers via social media, we hope to showcase our work on our website. Our most recent project has been highlighted through the use of Facebook.

The opportunities to connect and grow are limitless in the world we live in today.

6. What challenges have you run into so far?

I believe one of the biggest challenges we will have is staying ahead of the curve. Even though there are droning/aerial image companies out there, we are hoping to get a foot up on the competition in our area.

The other issue that potentially could create some difficulties is the expense in keeping our equipment up and running. The drones that we operate can take 20-megapixel photos along with 4K video. Continuing to stay current and state of the art in the world of droning will be something that will be continuing to fuel our company.

7. Do you have any advice for anyone looking to get into aerial imagery?

My biggest piece of advice is to read all manuals before flying! Know your drone inside and out, and account for your surroundings. Helping the drone community to look as professional as possible, will allow more opportunities to drone in the future!

8. Shameless plug

Head over to one of, or all of, WHaerial’s social media and give them a follow! Personally, I really enjoy the Instagram account! There are some pretty aerials of the Iowa countryside.

Our company page is located on:
Facebook: @WHaerial
Twitter: WhAerial
Instagram: whaerial
Email: whaerialimagery@gmail.com

Conclusion

If aerial imagery sounds like an awesomely fun side hustle, go for it! If you are interested, I would follow Mr. Haskovec’s advice of getting your FAA license as well insurance. This might be the difference as to why a customer chooses you over another company.

Also, do not forget to practice flying your drone, a lot! You will want to create high-quality videos for customers which will require you to fly the drone smoothly as you film.

If aerial imagery is not your thing but you are still looking to earn some extra money and need some ideas on how to do that, then check out our Ways to Make Money page. Here Andrew and I provide 70, yes 70, ways you can make money outside of your 9 to 5 job. We even test these out for you so you can easily figure out what side hustle is best for you.

 

Want to Take Stock Photos like a Pro? 7 Tips You Must Know

Want to Take Stock Photos like a Pro? 7 Tips You Must Know

We have had a lot of questions revolving around stock photos after Andrew posted his How I made $1.88 Selling Stock in 10 Days article.  One question we have seen a lot is, how do you take a good stock photo? Or, why aren’t any of my photos selling? I thought this was a great opportunity for another article on stock photography.

This article is intended to answer those two questions so you can start making some true passive income through stock photography.

Either if you are looking to just get started or you are an already established stock photographer, these tips can help you get started or improve your sales. If you are struggling with sales, one or more of these tips could be the reason as to why.

1. What’s Trending

You could have the best photograph in the world but if it is about a particular subject that is not in high demand, you will not get many sells.

Selling stock photos is a lot like selling anything else. Let’s say a sporting goods store is looking to sell a new high tech soccer ball that tracks metrics for the player. The retailer will not imediately go out to start manufacturing a million new soccer balls. First, they start off with some market research to see if there is a demand for the new soccer ball.

You need to do the same thing for the subject matter that your stock photo is going to target.

Luckily, both Shutterstock and iStockPhoto both display trending searches on their home pages. These lists will help you start to get some ideas on what people are searching for and purchasing.

finding trending stock photo ideas

2. Is Your Target Market Over Saturated?

An oversaturated market is easy to find within the stock photography world. These are usually the easiest photographs to capture such as clouds, flowers, animals, and so on.

If you try to make money off of stock photos that focus on one of these then you are not going to make any money. Your photograph is going to get buried under the already established cloud photographs.

Instead, find niches under these broad categories. Maybe, you could specialize in cloudscapes during major thunderstorms. Or you could specialize in animals who are playing in the water.

Finding a niche can be tricky but is not impossible.

I start by thinking about a broad category then work my way down to a more granular niche. I think of it as a breadcrumb such as – Animals -> Playing -> Water -> Swimming -> Diving Underwater -> Photo Idea: Take a photo from underneath the waters surface looking up at the animal.

3. Be Unique

Now, after all of your research, you should know what subject your photographs should focus on. Now it is time to go take some photos.

I want these new photos to really pop out on the page for your potential buyers. This is not going to happen if you use the same point of view (POV) as all of the other photographers.

Within each subject matter you chose, take a look at your competition and how they framed their photos. While you are researching start thinking how you can make your stock photo more unique than the competition.

As an example, take a look at these photos of the Gateway Arch in St. Louis on Shutterstock. Notice that the top five are all taken from basically the same POV. Even though these are very pretty photos, they are all essentially the same. When I was in St. Louis, I wanted to take a photo of the Gateway Arch from a different POV. The hotel I happened to be staying in had a high vantage point that looked over the monument. Taking advantage of this unique overlook, I was able to take the fifth photo that comes up in the Shutterstock search results.

Do not follow the crowds for your stock photography. Make your own trends. Be Unique.

4. Image Size

Make sure your images meet the guidelines of Shutterstock or iStockPhoto. The bigger the resolution your image is, the better. That way your photo can be offered for as many possible sizes for your potential buyers.

Shutterstock requires that your stock photography uploads be at least 4 megapixels in size. They accept either JPEGs or TIFFs.

iStockPhoto (also GettyImages) require the photograph to be at least 3 megapixels in size. They allow you to upload as big as 256 megapixels! The biggest thing they stress is no upsizing of your stock photos. This can really decrease the quality of the photograph.

5. Editing

This goes a long with what is trending. As you are researching about what you should take a photo of, you should also be studying the trending styles to mimic.

I know, I said you should make your photo unique. I was talking about being unique the way you frame and shoot your photo. Editing is different.

The way your photos look after editing should have a particular look and feel that the market demands. This might require you to reedit and resubmit your stock photos after the trends change.

editing your stock photo

6. Tagging

Your stock photos need to be found amongst all of the other millions of photographs uploaded. Using the proper tags will help your photos be found by potential customers.

When tagging, try to be as thorough as possible so your photo covers a wide footprint. Do not just put ‘dog’, ‘brown’, ‘animal’ as your only tags. The photo will never be found. Try to be as broad and detailed as possible such as: ‘dog’, ‘brown’, ‘animal’, ‘happy’, ‘running’, ‘grass’, ‘tennis ball’, ‘chocolate lab’, ‘playful’, ‘playing’, ‘sunny day’.

If you are struggling with coming up with tags. Research what others have used. I have done this for every stock photograph I have uploaded.

7. Be Honest With Yourself

This one can be tough on people but is something that needs to be asked. Is your photo really worth paying money for? Do you really think that your photograph is good enough that someone would use for a marketing piece?

If your answer is yes, then go ahead and upload.

If your answer is no, that is fine! Instead of being sad, think about how you can improve your photograph. Think how you can go back out, reshoot it, and make it better. This happens to me all of the time! I will go out and take a photograph thinking it is amazing. When I get back home to take a look at it on my computer screen discovering that the photo looks horrendous!

This happens to me all of the time! I will go out and take a photograph thinking it is amazing. When I get back home to take a look at it on my computer screen discovering that the photo looks horrendous!

When in doubt. Ask someone you know and who will be honest with you if they would buy the photo.

stock photo of silly food

No matter how delicious your food was, do not worry about uploading every single dinner you have taken.

Conclusion

One big pattern you should see within this article is research!

Do your research before you decide to take a photo so you can figure out if it is actually in demand or not. Do your research so you take unique photos. Do your research so you can make trendy edits. And finally, do your research so you can make the proper tags.

Not only do these tips apply to stock photography but they will apply to earning money through several different avenues with your photography. Learn about these other avenues to earn more money in my 5 Simple Ways – How to Sell Photos Online article.

1 Easy Way to Monetize A Blog Instantly with Affiliate Marketing

1 Easy Way to Monetize A Blog Instantly with Affiliate Marketing

I get it, you have a website or starting a new website and you’re asking yourself How to Monetize a Blog? I did the same thing 5 years ago when I started my first affiliate website. Since then I’ve come a long way monetizing websites with affiliate marketing. While the designs and websites have changed, I’ve always monetized my blogs the same way.

*If you’re not familiar with Affiliate Marketing keep reading, if you know all about it, skip to “1 Easy Way to Monetize Your Blog”.

Most Bloggers Monetize A Blog With Affiliate Marketing

Affiliate Marketing is the idea that when a visitor is on your website and clicks an outbound link to Amazon or Toys R’ Us from your website and buys something, you receive a commission of that sale.

Most bloggers do this because they are then earning a commission off products they already have or heavily recommend. Amazon encourages this because they are receiving customers they wouldn’t have gotten without your website. Everyone wins.

What does an Affiliate Marketing Link look like?

It’s super simple, Affiliate Marketing links just look like regular hyperlinks. Here are some examples:

  1. If you’re writing about gym equipment, how about a Pull Up Bar?
  2. Maybe you really love writing about Harry Potter decorations?
  3. Or you write about upcoming events like Mother’s Day and mention flowers?

All of these are affiliate marketing links. If you clicked through them and bought any of those items. I would make a commission and it’s simple to set up. Here’s how to do it for your site.

1 Easy Way to Monetize Your Blog

It’s super easy to start monetizing your blog and it can be set up in minutes! The easiest way to start affiliate marketing is to partner with an affiliate marketing company.

Secret: 1 Easy Way to Monetize your blog is to sign up with an Affiliate Marketing company that turns every outbound link on your website into an affiliate marketing link automatically that you can earn a commission on.

There a lot of different affiliate marketing companies out there, but I’m sharing my personal experience with Viglink which has made monetizing my blogs insanely easy. I’ve used them the last 5 years. They have a great WordPress plugin that turns every outbound link into an affiliate link. Plus they partner with over 2,000 merchants, so nearly every online store (Amazon, Target, Etsy, Finish Line, etc.) will pay you a commission through the Viglink network.

Here’s How To Start

I use Viglink for Affiliate Marketing, here’s how.

Step 1 – Sign up with Viglink
Go to Viglink and fill out their forms.

Step 2 – Install the Viglink Plugin on your WordPress Blog
Do a search for the “Viglink Plugin”, activate the plugin and insert your account code from your Viglink account.

Step 3 – Add links on your website and get paid
Now any regular link going to any of Viglink’s partner merchants (2,000+ of them) on your website are an affiliate link automatically. Just check into your Viglink Account to see how many times people click on your links and if those clicks turned into sales, paying you a commission.

It’s that easy, you can monetize any blog in 5 minutes.

How much can you make affiliate marketing?

Most companies will pay you a percentage of the sale made. Each company within an affiliate marketing company is different. For example within Viglink, Amazon will pay 1% – 4.5% commission depending on the product category. Yet also in Viglink, 1-800 Flowers will pay an 8% commission. Usually the larger the company, the smaller the commission.

You’ll make more money the higher priced items you have on your site. For example, a 4% commission on an $11,312 Outdoor Inflatable Movie Screen is a lot different from a $30 Stainless Steel Kitchen Set. FYI 4% of that inflatable movie screen would be a $452.28 commission for you.

It’s a balancing act of having high priced items that could give you a higher commission vs lower priced items which the average person is more likely to buy.

Using an Affiliate Marketing Company vs the Vendor directly?

I think if you worked with Amazon directly through their Amazon Associates program, you may make a slightly better commission on each sale. However, you would be limited to only making money with Amazon.

Working with an affiliate marketing company like Viglink, you can sell Amazon products and products from 2,000+ other companies (here are the companies). You may lose a bit of the commission for the ease of dealing with only one platform. In my experience where I link to products all over the web, it’s worth it.

There are other Affiliate Marketing Companies too

I talk about Viglink just because I use them and like them. There are other companies that offer affiliate marketing like Clickbank, Skimlinks, LinkBridge and more. I’m just going off personal experience.

Affiliate Marketing is preferred over Website Ads

I always prefer Affiliate Marketing over Website Ads because ads are hugely distracting. Website Ads blink, flash and sometimes don’t even relate to the content your reading.

Affiliate Marketing simply creates a hyperlink in the content you’ve already written. It’s not any more obtrusive than any other link you create on your blog versus ads like on the right side bar, over on the right there. =)

Personally: I use Google AdSense for Ads in addition to Affiliate Marketing, but if I had to choose one, I’d stick with Affiliate Marketing. Most of my Google Adsense revenue is in cents from views of the ads, I rarely see people click on the ads. However, I see a lot more people click on my Affiliate Links and those lead to sales which pay a lot more.

Start Monetizing Your Blog Today

You don’t have to use Viglink, but you should at least be signed up with some affiliate marketing company from Day 1 of your blog to start monetizing it. It’s a non-obtrusive way to monetize your blog, earning extra money on products you’re already recommending.

Let me know if you have any questions about monetizing your blog this way!

14 True Passive Income Ideas You Should Know About Now!

14 True Passive Income Ideas You Should Know About Now!

THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ OUR DISCLOSURE BELOW FOR MORE INFO.

Today I want to go through 14 different passive income ideas that require little to no work to others that require at least a few hours of work every week. Most of these ideas fall in the middle where they require a lot of up-front work and then can be allowed to coast after that.

I have grown to think that there is a lot of misperception as to what passive income really is. Some people believe that passive requires no work but this is far from the truth. While some others think that is just like any side hustle that is almost like a full-time job.

Now, do not get me wrong. Some passive income ideas can be very demanding (depending on how much work you want to put into it) such as niche websites.

For me, I define passive income as an income stream that requires A LOT of hard work up-front and then minimal maintenance work to keep up the income stream. Some passive income ideas require more maintenance work compared to other ideas.

Let’s take a look!

Passive Income Ideas

  1. Niche Websites

    Niche websites probably take the most time out of any of these passive income ideas but have the greatest potential to make A LOT of money. This is because they can consist of the next four items on this passive income ideas list. Putting all four of these ideas together in one niche website can really boost anyone’s income stream.

    Niche websites require you to put a lot of time in up-front to build the website (Need help? Check out this article), build good solid content, perform good marketing, and execute a solid SEO Strategy. Once all of this work is done you could be making thousands of dollars a month.

  2. Subscription Fees

    This passive income idea requires you to come up with a service for people to subscribe to. One of my favorite photographers, Trey Ratcliff, has done this perfectly. He has created the Passport service on his website which provides access to exclusive content he has created. He creates training videos, e-books, Adobe Lightroom preset packages, and so on. People subscribe to his site for $9.99 a month to have an all-access pass to this content.

  3. Training Courses

    Are you an expert in something such as, “How to prune a rose bush.” Well, you should create a training course on how to maintain rose bushes on Udemy. Here you can great courses about subjects that you are passionate about. Then others who want to learn about that subject purchase your course.

    Udemy requires a lot of up front work to create the course but once complete it needs minimal maintenance. Occasionally, you might want to come back to update the content of the course.

    You can even create and host your own training course. This is something that Michelle from Making Sense of Cents has done with her affiliate marketing course.

  4. Affiliate Marketing

    Affiliate marketing is probably one of the biggest ways to make income off of niche websites. With affiliate marketing, you team up with companies from all over the world. Those companies will pay you a commission for any customer you send their way. There are bloggers out on the internet making 10’s of thousands of dollars each month off of affiliate marketing.

  5. Advertisements

    Google Adsense is a super easy way to have Google place advertisements on your website. You decide where and what type of ad is placed on the website. Then they decide what content is placed there based on the website or viewer. Every time a person clicks on the advertisement, you get paid! It is really that easy!

  6. Stock Photography

    Are you good at taking photographs? Check out stock photography as a passive income idea. All you have to do is shoot, edit, and upload. After being accepted on iStockPhoto for Shutterstock (my two favorite hosts) then you are on your way to make some good money. I have made over $1,000 just off of one photo! There are others that make well over $10,000 a month selling stock photography.

    There are several other ways to make some passive income off of your photography. Check out my 5 Simple Ways on How to Sell Photos Online article.

  7. E-Books

    This is another passive income idea that requires a lot of up-front time. Once you finish writing your book you can have Amazon host and sell it for you. From there it is all about letting the book bring in money for you. Of course, you will need to market the book after completed. People need to know that it exists!

  8. Dividend Income

    Andrew is the pro at this passive income idea. Dividend income comes from stocks that you purchase. These stocks pay out dividends in different intervals whether it be monthly, quarterly, or yearly. The key to dividend income is only purchasing stocks that have a strong reputation for paying out dividends. Then you can turn around and reinvest those dividends.

    Interested? I know you are! Check out Andrew’s What are Dividends and Dividend Investing article to get started!

  9. Mobile Applications

    Even if you do not know how to create a mobile application you can have one made for you fairly cheap. Personally, I do not have any experience with this but cannot wait to give it a try. All you need is a good idea, a developer, and the ability to upload to the Android Play Store, Apple Store, or both!

    Have a good idea already? Check out Fiverr.com for an application developer. The cost will depend on the complexity of your application.

  10. Rental Properties

    This passive income idea takes a lot of capital up front to be able to get into the gig. Once that is done, you can let the passive income flow right in from renters. You can either do traditional long-term rentals or you can do short-term rentals on Airbnb. Determining what path to take will depend on your rental’s location and local ordinances.

    Rentals will require maintenance throughout its life but you can have someone help you out with it. Perform a Google search for rental property management companies in your area. They will help maintain everything for your property. The ones I have seen do take 10% of your income though.

  11. YouTube Videos

    Who does not love a good prank or how-to video on Youtube? I know I do! If you have any good and creative video ideas, you can make some serious money off of YouTube. All this takes is some up-front work with shooting the video, editing, and uploading. YouTube does all of the work from there!

  12.  T-Shirts via Teespring.com

    Have a funny or creative T-Shirt idea? Hop over to teespring.com to create and sell that shirt! Here you design your shirt and then someone buys it. From there Teespring prints it and ships it. This sounds pretty awesome!

    Oh! And they do home decor, phone cases, accessories, tote bags, and mugs too! Let’s get designing!

  13. Peer-To-Peer Lending via Lending Club

    With Lending Club you can lend others money and they pay you back plus interest. Lending Club helps you do all of the research as to whether the person is someone good to invest with or not. Andrew has tried it out and has written about his experience over here.

    Do note that you are taking a risk by investing with others. They may never pay you back.

  14. Fitness via Achievement App

    If you like to workout, walk, hike, Tweet, or sleep then the Achievement app is for you! You connect major fitness or social media applications to your Achievement app. From there the application does the rest of the work. It will sync up that data and then give you points for each activity. Once you earn 10,000 points, they pay you $10.

    For more information check out my review of the application.

Conclusion

These passive income ideas can give you an extra boost in income each month. Like I have mentioned in other posts, do not just jump into multiple of these at a time. Pick one, master it, then add the next one on top of the previous one. Loading your plate too much at the beginning can result in failure and no one wants that!

Did none of these passive income ideas trip your trigger? Head over to our Ways to Make Money page to learn about some other side hustles.

 

Cheers!
Adam

Domain Flipping: Make Money Buying and Selling Domain Names

Domain Flipping: Make Money Buying and Selling Domain Names

THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ OUR DISCLOSURE BELOW FOR MORE INFO.

There’s an entire underground world on the internet of people buying and selling domain names, it’s called Domain Flipping. Thing is, anyone can do it and make money. Think of it like flipping real estate, but instead, you’re flipping website domains.

What is Domain Flipping?

Similar to real estate flipping. You are flipping website domains. These are the addresses you type into your internet browsers that direct you to the website you’re looking for. These are the addresses that end with (.com), (.org), (.biz), (.net) and so on. In total there are about 280 different domain extensions.

Domain Flipping is buying these addresses for a low price and then selling it for a higher price.

Crazy Domain Flipping Success Stories

If you’re curious about how much people have made while buying and selling domain names or domain flipping, here are some examples of success stories that have hit the news.

Page Howe once owned the domain name “Seniors(.com)”. He originally purchased the domain name for $100,000, which is a lot mind you, most domains sell for $12. He later sold “Seniors(.com)” for $1.8 Million or $1.5 Million after his broker commissions.

In a similar fashion, Page Howe also owned the domain name Guy(.com) and he sold that a few months later for $1 million. If he bought that for the average $12 for a domain name, he made an 83,333% profit buying and selling domain names.

Here are some other crazy sales in the millions

  • Cameras(.com) was sold in 2006 for $1,500,000
  • DataRecovery(.com) was sold in 2008 for $1,659,000
  • Computer(.com) was sold in 2007 for $2,100,000
  • CreditCards(.com) was sold in 2004 for $2,750,000
  • Candy(.com) was sold in 2009 for $3,000,000
  • Toys(.com) was sold in 2009 for $5,100,000
  • Business(.com) was reported to have sold in 1999 for $7,500,000
  • Hotels(.com) was sold in 2001 for $11,000,000

What these success stories have in common

All these success stories have one major thing in common, they are typically one, generic word. There is a HUGE advantage in having a small, easy to remember domain name. If you’re a company that sells cameras, having the domain name Camera(.com) is beneficial. You’re in a prime marketing spot online for people to looking to buy a camera.

Think about these common word website domains as the New York Times Square of real estate in the digital domain world. You’re buying these website domains because people are familiar with those words. The more common a word or phrase is, the more valuable it can be.

Currently, the (.com) domain extensions are the most popular, but like I mentioned. There are 280 different types of domain extensions possible. Most people though associate a web address with a (.com) extension. So I will focus on these.

In the future, other well-known extensions like (.co) will become more popular but we’re not there yet. If you’re looking to buy a domain and sell it, you’ll likely want a (.com) extension.

Here’s How To Start Domain Flipping (I tried it)

Looking at some of these success stories, I wanted to give it a try.

I likely couldn’t find any one-word domain names (most are taken) but I could find a couple popular phrases that have an available domain name.

Here’s how I started.

Step 1 – Find Popular Phrases

To find popular phrases I opened up the Google Keyword Planner. This free tool by Google, allows you to find out how often a word or phrase is searched in Google. A phrase like “Yoga Mat’ has on average, about 10K – 100k monthly searches. That’s A LOT. However a more niche phrase like “Good Yoga Mats” only has 100 – 1K monthly searches. These seem similar, but I wanted to focus on the exact popular phrase that people are searching for.

The more searches your popular phrase gets, the more valuable your exact domain name could be. Try finding popular phrases with the Google Keyword Planner.

Google Keyword Planner for buying and selling domain names

Words/Phrases to consider:

Choose Niches that make money: People will buy a website domain if they think they can use it to make money. So buying popular phrases/words that could be associated with selling something like computers(.com) or hotels(.com) could be used by a company to sell computers or hotel reservations. However, something like Warof1812(.com) may not have the same business potential.

Local Domain Names: Something like TireRepair(.com) may be taken but you should also look into DenverTireRepair(.com). Sometimes local cities have high search rates that may have an available domain. It’s definitely decreasing your audience the more you niche down, but your chances of having an available domain increases.

Future Potential: Think about what’s next in the world and see if you can buy the name first. Do you know rocket powered sneakers are the next big thing? Try buying the domain name RocketPoweredSneakers(.com) and sell it when it’s at the peak of popularity. It’s currently available, I checked, you can buy it now.

Current Craze: When PokémonGo was HUGE last year, my domain flipping friends (Matt of Handshakin.com is one) were all about buying domains like PokeStopNearMe(.com) and other related domains associated with the PokémonGo craziness. It’s like the day trading of the domain world. You’re buying domains during the hype and hope to sell them for a higher price quickly before the hype fades.

Date Names: Do you like to think about future events like the 2030 Olympics? Think about buying the domain 2030OlympicStadium(.com) or other Date Names that could be a hot item to buy when the date gets closer.

Avoid Trademarks: You do need to be careful from a legal standpoint. If you choose a name that too close to a trademark name like McDonaldsBurgersSuck(.com) it could result in a lawsuit that could force you to give them the name for free. In general, I try to avoid buying and selling domain names close to a trademark name.

Step 2 – Filter Popular Phrases with available domain names

Once I did a search of any phrase, I would immediately download the results from the Google Keyword Planner and export the list to excel. Usually, you could only download around 750 results from the Google Keyword Planner at a time.

I would copy and paste those phrases that had above one thousand searches a month into GoDaddy’s Bulk Search Option to see how many of those phrases are available. It’s great you can search up to 500 phrases at a time to see if there is a (.com) domain extension available.

GoDaddy Bulk Search find finding the right domains for Domain Flipping

Now I used GoDaddy because it’s a simple and easy way to search for available domains, but it’s definitely not the only game in town. I use my hosting service, Bluehost, to actually buy my domains, to keep them all in one place.

I repeated Step 1 & Step 2 a lot, like 5 hours on Sunday to find popular phrases that have high monthly searches or future potential.

In the end, I had a small list of available domains with how often they’re searched for online. The longer you do this, the larger your list could be of popular phrases of available domain names to buy.

  • Domain Name
  • IHateCold(.com)
  • ReallyFunnyJoke(.com)
  • ThisExists(.com)
  • FunnyOfficeGifts(.com)
  • BoredDefinition(.com)
  • CharityDefinition(.com)
  • OfficeBoredom(.com)
  • WaysToEarnMoneyFast(.com)
  • ThingsThatAreBlack(.com)
  • Average Monthly Searches
  • 100 – 1k
  • 10k – 100k
  • 100 – 1k
  • 1k – 10k
  • 10k – 100k
  • 10k – 100k
  • 10 – 100
  • 1k – 10k
  • 1k – 10k

Step 3 – Buy your Domain with the most potential

After veting my list for a while, I knew I only had a budget to buy 2 domain names. So I limited my selection to the very best.

The two domain names I bought were:

  1. ReallyGoodJoke.com – The phrase alone “Really Good Joke” has between 10k – 100k average monthly searches, this is the highest searched name I found. Meaning that people are regularly looking for a really good joke. So having the domain name that matches exactly this search, will be very valuable.
  2. IHateCold.com – This phrase only had 100 – 1k monthly searches but I think it’s a phrase that has winter sports gear potential. Typically when people are buying cold weather gear they are thinking “I hate the cold” and if a business capitalizes on that feeling with this domain name, it could be profitable.

Sad Fact: I bought both of these for $11.99 but that’s only a 1 year license to own these. So it’s more like leasing. You have to renew your ownership of domains every year. So holding both of these domain names for 10 years will cost a total of $260.

The two domains I bought for my first Domain Flipping experiment.

Step 4 – Market Your Domain Names for Sale

Just because you bought the domain name, people aren’t magically going to email you offering millions of dollars for your domain. You have to let people know you have it for sale and how it can benefit them.

My next steps:

  1. Parking the Domain Name: When you park a domain name, every time someone enters IHateCold(.com) into their web browsers, a page with a few ads and sales info is shown. So you’re letting the visitor know that the domain is for sale and you make a few cents on the ads displayed for views. There are several domain parking services for when their buying and selling domain names, but I’ll go into that in another post.
  2. Contact Potential Buying Companies: With my domain IHateCold(.com) I will email the marketing teams of some of the large winter clothing companies and let them know of the available domain to buy and a few potential slogans they could use with the domain name. This is a very “I’m here to help you” scenario that I’m curious to see how it plays out. They’ll have to learn about the domain name for sale somehow, right?
  3. Wait for people to contact me: When I bought my two domains, I didn’t pay the extra $12 for Domain Privacy, learn about Domain Privacy here, so anyone can look up the owner of IHateCold(.com) and ReallyFunnyJoke(.com) in the ICANN WHOIS Database. It can tell you whoever owns any website unless that domain owner pays for domain privacy. So if someone was really interested in any of my websites, they could look me up and shoot me an email about their interest.
  4. Auction: There are numerous auction sites where people buy domain names. Just because they didn’t think about the potential name IHateCold(.com) before doesn’t mean when they see it in an auction, they won’t buy it. You may make a few bucks just because you thought of a creative name they didn’t think of.

If you’re looking to Auction a name, here are some popular sites you can auction your new domain name.

Usually, these auction sites take 20% – 30% of the sale. They take so much because they are providing the audience that is actively looking for buying and selling domain names. Otherwise, it’d take forever to sell a name.

Don’t expect to sell your domain right away, it sometimes takes months or years to sell a domain name. Sometimes not at all. Not many people make buying and selling domain names a full time business. For most domain buyers and sellers, it’s a part time job.

A lot of people who are regularly buying and selling domain names have a portfolio of hundreds of domain names. A sale of a website name for $6,000 might sound like a lot, but often times it only pays for their library of domain names they’re paying an annual subscription to hold.

In the end, a domain name is only as valuable as the price a buyer is willing to buy it.

Conclusion on Domain Flipping

We covered a lot, what is domain flipping, some crazy success stories and step by step guide to buying and selling domain names. This is something you could totally start right now as another way to make money.

I’ll be honest I’m just excited to own a couple of website domains, they’re my own little piece of the internet. I’ll likely hold onto these for a couple of years if I can’t sell them right away.

The fun part of this is the potential to discover those hidden gems like hotels(.com) and sell it for $11M down the road. It’s not likely to happen for the domains I have, but I now know the process. I can be on the lookout for website domains in upcoming trends. I’ll let you know how it goes!

Get a free share of stock from Robinhood for New Signups & Referrals

Robinhood App now offers a free share of stock for New Signups & Referrals

Robinhood App the free stock trading app that I’ve used for my portfolio and reviewed last year has a new promotion making some unique headlines. Now for every person you get to sign up with the broker Robinhood, both you and the person who signed up, get a free share of stock.

What Stocks Do You Get?

It appears to be a randomized assortment of stocks from the messages posted on social media. Robinhood states that the stocks range in value from $3 – $150, so you could technically get a share of Apple (AAPL) randomly if you sign up now, or you help a friend signup.

What Are Your Chances of Getting $175?

Depends, how lucky are you? Like REALLY lucky. You have a 1% chance of getting a stock valued at $175. Reading the fine print on their website you’re most likely to get a $2.50-$10 stock.

Here are your chances for a free share of stock when you sign up.

  • 98% of getting a stock valued at $0.50-$10
  • 1% of getting a stock valued at $10-$50
  • 1% of getting a stock valued at $50-$200

Thanks to Social Media, we have an idea what it looks like.

So get all your friends to sign up?

For everyone you get to sign up, both you and your new sign up friend get a free share of stock. All you need to do is use the referral code that Robinhood gives you.

If you’ve been with Robinhood for a while, this is the same referral code you’ve always had. Now there are just perks for you to refer a friend to Robinhood.

Here click on my referral code (http://share.robinhood.com/andrewk48) to see what it looks like. You don’t have to sign up.

However, if you’re someone like Kim Kardashian who can get ONE MILLION people to sign up, you won’t get $1M free shares of stock. You’ll be capped at $500 worth of stocks no matter how many people you refer. Lame I know.

Is this promotion available to anyone with Robinhood?

It started off a few months ago. I was NOT one of the early testers for this. However earlier this week I saw on my Robinhood App that I’m NOW able to this. I’m not sure what changed. If everyone is able to do this now or what (I’m not special). They must have just opened this up to a much wider pool of users.

If you’re curious if this works with your Robinhood referral code. Go to your app and if you can’t find “Free Stocks” in your sub menu. You’re not in the program yet. Maybe send the Robinhood App people a tweet (@RobinhoodApp) and say “Hey, can I join this super cool referral club like @WalletSquirrel”. I’ll retweet for you.

 

Should you feel comfortable referring friends to Robinhood?

If it helps, I refer all my friends to start investing with Robinhood. It’s a great broker to start off with (one I personally use) because there are $0 fees to start buying stocks and all of their securities customers are insured up to $500,000 by the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

Also keep in mind that Robinhood recently raised $110M in Series C round of fundraising, which they’re valued at $1.3 Billion. Some of the investors working with Robinhood are Google Ventures.

These guys are growing and they have the support of some major players in the game.

This promotion makes Robinhood worth considering

If you’ve ever considered the stock market, you should do some research on Robinhood because not only are you going to get free trades while using their app, you’ll start off with a free share of stock that could be Apple.

This isn’t on our list of ways to make money, but maybe it should be.

How to Start a Blog – When You Know Nothing About Blogging

How To Start A Blog

THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ OUR DISCLOSURE BELOW FOR MORE INFO.

Two of my friends want to learn How to Start a Blog. Justin wants to start a cooking blog and Emma is going to start a travel blog. Since I’ve created over a dozen websites/blogs, I wrote them a guide on How to Start A Blog When You Know Nothing About Blogging. They’ve never set up a blog before, so this is a complete guide (tons of screenshots) for setting up your first blog.

No matter if you want to set up a Finance, Fashion, Travel, Cooking or Photography blog. This guide will set you up with your own unique blog in 20 minutes.

Why Do People Start Blogs?

Both Justin and Emma want to learn how to start a blog so that they can do what they love, write! They want to write about topics they’re passionate about and knowledgeable on. Their goal is to make enough money with their blog, so eventually, they can quit their job and work from home blogging. It’s entirely possible and super easy.

Other popular reasons people start blogging are:

  • Make Money from blogging Anywhere – Many people make a great side income or full income from writing about what they love and know. Plus you can do it anywhere, at home, in a coffee shop or in an RV traveling the United States.
  • Self-Publish Writing – If you have a story you want to tell, but don’t have the resources to find publishers and print hundreds of books. Try starting a blog and share your story immediately. You can start to build an audience and become an expert in your field with a website.
  • Promote a Business – If your business isn’t online, it doesn’t exist. This is how people find if a company is open, what it does and how it affects the community. A blog is a simple and FAST way to get your business online and start reaching customers.

Save time, don’t use third-party blogging websites.

Save yourself so many future headaches when learning how to start a blog by NOT using a third party blogging site. Some people start blogging on these because they think it’s easier than setting up your own blog, but it’s not.

If you use a third party website like Blogger, you won’t have a custom domain (like WalletSquirrel.com, it’ll be something like www.blogger.walletsquirrel) which comes off odd, then you’ll pay tons for add-ons to get the look and feel you want and you’ll never have complete control over your own blog.

One of the biggest reasons to start your own blog is so you can later make money off of it. You just can’t easily monetize if you use a third-party website. Click here to start your own blog on WordPress.

WordPress is the most popular Blogging Platform, use it!

Most blogs use WordPress, in fact, 25% of the websites on the internet are run by WordPress. That’s the ENTIRE internet. Every website I’ve ever built runs on WordPress because it’s SUPER easy and convenient. If you learn the easiest way to start a blog, start your blog on WordPress.

Easy Steps on How To Start A Blog

Here is the basic overview on how to start a blog. It’s really simple to set up a blog in 20 minutes.

  1. Figure out what your blog is about
  2. Decide on a domain name
  3. Choose a web host (I use Bluehost because it’s one of the best, and cheap)
  4. Click 1-button install for WordPress
  5. Start writing for your blog & customize

Easy Step 1 – Figure out what you want to blog about

Whether you’re creating a finance, fashion, cooking, travel, photography or business blog. You want to have a solid idea of what you’re going to write about.

If you’re like Justin wanting to create a cooking blog, it helps if you niche down to a Gluten-Free Cooking Blog or Farm-To-Table Cooking Blog. If you don’t niche down, your blog will likely get lost in the sea of other cooking blogs. When you niche down to a specific cooking blog, your blog will stand out more and be recognized as THAT Gluten-Free Blog or whatever you want to write about.

Also when you’re thinking about “How to Start a Blog”, think about how your blog could grow and make money in the future. If you want to create a Gluten-Free Cooking Blog, start thinking about how you could incorporate affiliate links into your favorite recipe books and cooking tools or where advertisements may go in a sidebar.

The better you can visualize and plan what your blog may become, the easier it will be to come up with a name and direction for your new blog.

Easy Step 2 – Decide on a Domain Name

Domain names are what people will type into their website browser to find your website. It’s your online address.

Not going to lie, when I started Wallet Squirrel I had over 100 domain name ideas. I would daily write new domain name ideas on my phone like “MillennialRetirement.com” and search GoDaddy.com to see if they were available. It wasn’t….

I always use GoDaddy to see if a domain name is available because it has a nice and clean search option to find available domains. So think about different domain ideas that relate to your website and use GoDaddy to see if they’re available. A good domain can really help your website. However, don’t buy a domain through GoDaddy. When you sign up for web hosting through Bluehost later, you’ll get a free domain name.

I always chose a (.com) domain because those are the most trusted domain extensions. If I chose “MillennialRetirement.net” it would only sound cheesy and made up to me. People might be hesitant to click on it because most websites are (com). You could take a risk choosing a different extension like (.net) or (.co), but I wouldn’t.

Get creative and find a unique (.com) domain that’s:

  • short
  • easy to remember
  • easy to type
  • reflects what you want to write about

Before I settled on WalletSquirrel.com I went through TONS of different domain name possibilities. Here are a few.

Potential Website Names When I Started this Website (Wallet Squirrel)

  1. Dividend Student (.com)
  2. Millennial Dividends (.com)
  3. Get Dividends Monthly (.com)
  4. All Dividend Revenue (.com)
  5. The Dividend Experiment (.com)
  6. Perpetual Dividends (.com)
  7. Dividends Wanted (.com)
  8. Invest The Hustle (.com)
  9. Dividend Army (.com)
  10. Div Push (.com)
  11. Dividend Entrepreneur (.com)
  12. Div Effect (.com)
  13. Dividend Pursuit (.com)
  14. Test Earn Invest (.com)
  15. Dividend Invested (.com)
  16. Dividend Theory (.com)
  17. Div Rule (.com)
  18. Think Dividend (.com)
  19. Dividend Passive Income (.com)
  20. Wallet Squirrel (.com)

You may get the idea that I was pretty focused on Dividends. However, like I mentioned in Step One, think about the future of your site. I considered expanding beyond dividends and the stock market, so I went with Wallet Squirrel with the tag line “Save your nuts”. It was relatable to finance with the word “Wallet” but fun with “Squirrel” and the tag line “Save your nuts” is pretty memorable. This way I would have some flexibility on how I wanted to grow Wallet Squirrel.

When you’re planning how to start a blog, think about how your website may grow. I usually think of my websites like TV seasons. Where do I want my website to be in season 4? Does my domain name idea still make sense?

Easy Step 3 – Choose a Web Host (Important)

This is the virtual cloud that will host your blog. Think of it digital real estate that will house your blog on the internet. Your web host will affect how fast your site is, how much you pay and how good their tech support is.

 

I personally use Bluehost for all my websites (including Wallet Squirrel) because it’s the best price for how fast Bluehost runs my websites (Google ranks faster websites higher) and their tech support is amazing. I just shoot them a text on their website if I have a question and they solve any issue in minutes, it’s the best. You can even just chat with them before you sign up on how to start a blog.

For reading this post, you can use my referral code to get a great discount on hosting and start at $3.95 per month. Plus you’ll get a free website domain (your internet address), which normally costs $12.

 

Other reasons to use Bluehost for your first blog

  • WordPress through Bluehost is free!
  • There is a 1-click button to automatically set up WordPress on Bluehost (EASY & FAST)
  • Bluehost is faster than most web hosts, which will better your Search Engine Optimization (SEO)
  • Hosting your own website on Bluehost looks more professional than a third party site like Blogger
  • Their Tech Support works with tons of new bloggers like you, and you can text them rather than calling (I love that!)
  • 30-Day Money Back Guarantee. No risk if you don’t like it.

Fill Out Some Info

Select the plan you like (you can upgrade/downgrade anytime) and fill out the general account and billing Info. This is what the General account information will ask you.

It’s really not that intrusive. You don’t have to fill out a social security number or anything too personal. Once you fill out the “account info” you scroll down for the package you want. The “package information” or hosting options seems really intimidating to someone who’s never signed up before, but only because you’ve never done it before. Here are the options.

Here is what I choose for my websites.

  • Account Plan – If you’re just starting off, keep it cheap and choose only 12 months. If you really like blogging, you won’t mind paying for a new plan in 12 months. If you don’t like it, you didn’t spend that much money and you always have your 30-day money back guarantee.
  • Domain Privacy Protection – The internet has a database for which websites are owned by who. Domain Privacy allows you to keep your name off that list so you don’t get bugged by salespeople who found your email as the owner of your new website. I usually order this.

Everything else is not really needed. I’d consider adding additional services only once you get more familiar with your website and find a need. There is no need to pay for things before you realize if you need them or not.

You’re Signed up!

That’s it! Once you sign up, you’ll get a confirmation email that will take you to your Bluehost menu. You can start right away, no 3-5 business day set up time.

Easy Step 4 – One Button Install For WordPress

So you planned what you want to write about, you picked a domain and signed up with Bluehost to host your new blog. Now you just need to install WordPress. This part is easy. The menu on Bluehost is called their cPanel. This is the main menu that you’ll be directed to once you click their confirmation email.

Select the “Install WordPress” button. It’s a one-click install button. Once you do that, you’re in the process of installing WordPress, you’ll just need to:

  1. Select your domain name, from the options to install WordPress on
  2. Select Advanced Options and choose a username and password. Remember that websites sometimes get attacked. So choose a username and password that’s long. The longer the password, the harder it is to break.
  3. Select “Install Now”.

At this point, you have a WordPress blog!

Easy Step 5 – Design and Start Writing for Your Blog

From now on, all you have to do is go to your new domain “yourwebsitename.com/admin”. To sign into your WordPress Blog. You no longer have to deal with Bluehost at all. Everything you do from here on out is all on your new WordPress blog.

Once you log into your new WordPress Blog, Your Admin Menu will look like this.

How To Start A Blog - WordPress Admin Panel

This is close to what every WordPress Blog looks like, the main options for every WordPress blog are:

  • Posts – These are where you write you daily, weekly, monthly articles for your blog. These are your cooking articles or travel adventures. This is the “blog” portion of the blog.
  • Media – Every image/video you upload to your blog, all those media files live here. You can add images within your actual posts and pages, but all your media content can be viewed here.
  • Pages – These are the “About Me“, “Contact Us“, “Ways to Make Money” pages. These are usually static pages that aren’t your daily, weekly, monthly posts.

Customize the look of your blog

If you want to want to change the look of your blog, you can change the theme under “Appearance”. Themes are like costumes for your blog. Different themes will change the colors, fonts, and style of blog. I personally use the Enfold theme, bought from Themeforest. It’s very user-friendly (plug and play) with tons of documentation.

*Bonus* – Make money with your blog

Don’t come off cheezy placing ads everywhere, instead install a plugin like Viglink for affiliate marketing. Now, anytime you reference a blender (my personal blender) on Amazon, Viglink will automatically track clicks on that link and you’ll receive a commission if someone buys. Viglink is partnered with over 2,000 online merchants (including Amazon), chances are your favorite websites are included. So once you learn how to start a blog, your blog can start making a little money.

Done, You have a blog!

I ran through this (while talking) with Justin and Emma to set up their blog in under 20 minutes. They took it from there and immediately started writing and designing. Again, I set up their blog through Bluehost, which made it a lot easier. You could probably set up a blog on your own (not talking) even faster.

Let me know if you have any questions on how to start a blog! I’d love to help or share more of my experiences!

*Disclosure – I host all my websites on Bluehost and we receive a commission if you sign up using our referral links.