Financial freedom is everyone’s dream, don’t you think? Just imagine: Being able to live a life free from the strains and shackles of money. Now, I believe, would make anyone happy. They say that money alone can’t ever make you happy. But if you really think about it, the absence of money won’t make anybody happy either. Whether we like it or not, we live in a world where green matters. If we are not financially stable, happiness is always just little ways beyond reach. I mean, who on earth can feel happy with an empty belly?
Our very survival depends on whether we have the capacity to earn enough for ourselves or not.
The need for financial stability is very evident in society (read more). From a young age, parents teach children the value of practicality, even education is not often seen as something that can hoist personal growth but rather a means to generate income in the future. Although society won’t say it bluntly, the fact that children are taught that “good education is the key to their future” is already a subliminal message that people need to go to school, get proper education and later on join the workforce to help build society.
Every minute you grow older, the more you realize this fate. While a few choose to run away and refuse to follow the path laid out for them, many conform to societal standards of labor. After all, survival is at the very core of our instincts as living beings.
To put bread on the table one must work and to work, one must acquire the qualifications of a good worker. While this system has long benefited society, I wouldn’t go as far as saying that it has given the workforce equal benefits in return. As society continues to progress thanks to the unwavering efforts of the labor force, the costs of living also become higher – leaving our worn-out salarymen disappointed with the amount they earn on a monthly basis. Check this out: https://www.forbes.com/sites/joshbersin/2018/10/31/why-arent-wages-keeping-up-its-not-the-economy-its-management/.
Sure, a day job puts bread on the table; it pays off the bills, rent, and may even send a few kids to school. However, the compensation everyday workers receive is far from what you’d say “rewarding.” If anything, it simply gives them the means to survive. This is why people are challenged by two options: Do they settle for a stable yet mediocre job or do they challenge their fate and look for other ways to earn money?
Well, let me tell you something: You don’t really need to sacrifice anything. So excuse this really lame pun but as Hannah Montana (hello to all the Disney babies out there) used to say “You can get the best of both worlds.”
So, you don’t want to quit your current job because you value its stability and regularity? I get that. Sometimes, mundane things aren’t all that bad. They give you a blanket of security and that’s great. However, it doesn’t mean that you should just settle easily. There are ways you can keep working while earning a little extra on the side. Today, we introduce you to the world of passive income.
When you say passive income, it is when you earn money with or without your active participation. I’m not saying that you’re not to do anything at all. But with passive income, you can reap the fruits of your efforts little by little but for the long term. You basically build now and collect later.
One example is Affiliate Marketing – and it’s something I would really like to delve on today. Affiliate Marketing is when you don’t have a company of your own, no product of your own, but you earn by marketing the brands of others. This is unlike pyramiding schemes or other bogus instant money ideas. Affiliate marketing is a legit way to earn money online that is growing more popular each day thanks to this age of influence we live in.
Let’s face it. Even if we want to start our own businesses so badly and become our own bosses, many of us simply don’t have that kind of money. So the next best thing is to make a business out of marketing other people’s businesses. Affiliate marketing gives you the chance to earn commissions (in bulk) by bringing other people’s or businesses’ products to your niche audience. The more people who buy through you, the more you earn. And since we’re talking about the internet, we’re not just talking about a handful of people here. We’re talking thousands, or even millions. Now, that’s your key to financial freedom right there.
However, before you jump the gun, it’s not like you can become an Affiliate Marketer without putting in the work. As I said, work now, reap the rewards later. The beginning is always the hardest hill to climb. Still, it’s worth every drop of sweat.
Anyway, here’s a three-step plan to materialize your Affiliate Marketing dreams!
You can’t really just up and say that you want to become an affiliate marketer. First, you need to study the type of audience you would want to reach out to. Which types of people do you think would listen to you? What businesses would be interested in reaching out to these people? Identifying your “niche” is a crucial first step to this world.
Once you’ve identified your market, the next thing you have to concern yourself with is “what” exactly you’re going to bring into this market. What will you be showing your audience? It’s important that you find a form and topic of content that’s comfortable for you. Will you be creating video content on YouTube? Will you be starting a review website? If so, what will be your topic of interest? Always take into consideration what you already know and build from that.
Knowing your audience, check! Making original content, check! Now, the last step is actually connecting the two together. Hook your target audience to your content. What you need now is attention; you have to build your market base. If on YouTube, you have to increase your subscribers. If starting your own website, you need to drive in more traffic. If you want to pick it up a notch, Affiliate Marketing That Works recommends these 5 steps (2 more than what we already have here!) so that you will have a better understanding of this passive income strategy.
Once you grow your influence to a considerable degree, businesses will start noticing you or you can try reaching out to them yourself!
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