Now since Iâ€™m starting with $0 the fist thing that comes to mind for most people is to probably say find a job where you will trade your time and expertise for money. While I wonâ€™t rule out the possibility of doing some simple small stuff in the future for the sake of this test, I usually prefer to find ways on how one can generate an income even if they are not there.
For myself, the first thing I thought about is web publishing since it is one of the things that I am very familiar with. In general, people make money by either selling advertisements on their website or through what is known as affiliate marketing where a site owner can get a referral bonus by helping a company to sell its products or services. Due to the subject matter of this blog, I get requests all the time from people who are interested in purchasing some kind of an ad space for their credit card offers or debt reduction programs as an example. Just try to picture how much money making spam comments I get all the time too.
If you have been one of my readers for awhile I guess you have noticed that there are small advertisements at the end of each post which are provided by Google. I personally display it as a way to offset any costs in maintaining this blog as oppose to focusing on trying to make a lot of money from it since that wasnâ€™t my intent. Come to think of it, this is probably going to be the first form of income that I will receive for this journey.
There are a lot of things that I can do, but at the same time I donâ€™t want it to be too intrusive with the content. Maybe Iâ€™ll try experimenting a bit with certain web publishing programs or even start to take some offers more seriously (Thatâ€™s not an invitation for get rich quick offers either). Hopefully I can find other ways that require little or no capital as this route feels a bit too safe for me personally since I am comfortable with it. You have to start somewhere I suppose and you may as well do something that you know a lot about.