There’s a certain hurdle that gets in the way of creating new steams of income.
You’re not me.
You’re not Tim Ferriss or some other genius online money creator.
And you’re definitely not anyone special.
At least, that’s how you think about yourself: No one would be interested in listening to what you have to say. No one would trust you enough to pay you for a product.
Here’s the good news, though: You’re wrong.
Here’s the bad news: You’ll have to think differently about yourself if you want to make remote income and travel the world.
How do you have to think differently, you ask?
One fundamental change…
NEVER think: “How does someone like me do this?”
Think: “How does this happen?”
Remove the actor from the sentence. If the thing you’re trying to do has already been done by someone else, then you can do it as well. End of story. Bye, Felicia.
To prove to yourself that the remote stream of income you’re working to create is profitable and can change your life, go search online and find one example of someone else doing it.
That’s all the proof you need that the way you’re planning to make money is possible for you — someone else is doing it.
Still, knowing what to sell or how to make money in the first place is tricky.
Partly, because there’s sooooooo many options…
It gives you a good ol’ case of analysis paralysis.
Which is why you need set your very own quitting date for whatever it is you choose to pursue (more on that in a minute). First, let’s talk about 3 remote income options at your wallet’s fingertips.
1. Amazon selling — anyone can do this
This is one of my favorites.
Because practically anyone can win at ecommerce. You don’t need any past experience, any unusual skills, or even — in some cases — any ability to advertise your own products.
Dropshipping on Amazon, for instance, is a beautiful, hands-off business model.
All you have to do is list products consistently (about 30 minutes a day once you get good at it) and buy products after your customers have already paid for them.
Which means there’s virtually no financial risk involved.
My wife and I do this and we’re currently making about $1,200 net profit per month with a commitment of about 30 minutes per day. We’re actually hiring a VA right now as well to scale that income.
And I would not recommend doing this without a coach. We used Katie Melissa’s course (← AFFILIATE LINK).
Now, I know that me being an affiliate probably makes my recommendation seem biased.
And it is…
But here are the facts…
When we bought her course, we paid $500 for it. We made that money back in profit in just two weeks. Our first month, we tripled our money and made $1,500.
And we didn’t do anything special – we just did everything she told us to do. Then, when we had questions (and you will have questions) she answered them quickly and completely.
Now, we’re making $1,000 extra per month that we wouldn’t have if we hadn’t bought her course. Honestly, this course is a steal for the price it’s at (I told her she needs to raise her price since we made our money back in just two weeks – that’s crazy).
2. Freelance work — turn your existing skills into cold, hard cash
Have a skill that you could monetize?
Here’s a list of remote-work-capable skills that people in the business world are constantly trying to hire freelancers for (from my own experience).
- Writing sales copy
- Writing long-form blog content
- Video editing
- Photo editing
- Website design and creation
- Virtual Assistance — anyone with basic data entry skills and good communication could do this.
- Social media marketing
- Graphic design
- Video transcription — anyone with good english-speaking could do this.
Now, we have a few options if you want to go the freelancer route.
If you already have developed one of these skills, then the trick is finding clients.
To do that, reach out to your existing contacts and ask them if they know anyone who might need your service, or if they themselves do. Do this on Facebook, text message, email, Twitter, and LinkedIn…
I guarantee you’ll have your first client by the end of the week (if you don’t, consider the format below to get the ball rolling).
If you don’t have any of these skills, then consider the VA (Virtual Assistant) and video transcription ideas — practically anyone can do those jobs. You just need hustle and persistence.
Or you can spend the next few months developing one of the other skills…
Here’s a format for doing that…
- Read the top three bestselling books about that skillset — After that, you’ll know more about it than 90% of your potential clients.
- Work for free — Find people that need your skillset. Tell them that you will work for free for two months since you’re still new. If, after two months, they aren’t pleased with your work, then you’ll go your seperate ways. If they are, though, then they will start paying you $X/hour (decide on a fair wage). This is your opportunity to prove yourself and get your first client!
- Use your first few clients as case studies — Save the work you did or the results you pulled from the first clients you worked with. That way, when you’re trying to find new clients, you can show proof of your abilities yourself without working for free.
Before you know it, you’ll be knee-deep in remote work territory and you’ll start to establish yourself as the expert in your field. In time, clients will come looking for you and you’ll have to do less hunting yourself…
And you’ll be free to do more traveling.
3. Blog monetization — making money by writing
Monetizing a blog is a great way to create a new source of income…
But maybe not in the traditional way that you’re thinking about it.
When I say “blog monetization,” a lot of people think “ads.”
They assume that by publishing a blog, writing consistently, and running ads on their blog, they’ll start raking in remote cash.
The truth is, though… ads suck.
Using affiliate links or creating and selling your own products, no the other hand, are two of the best ways to monetize a blog.
Here’s a high-level view of the process.
- Choose a niche — Decide what you’re going to be talking about. What do you know a lot about that other people don’t? What skills or knowledge do you have that other people would pay you to learn?
- Build your audience — There are a lot of different ways to build your online following. For a blog, though, one of my personal favorites is to simply republish your content on Medium and LinkedIn and add in a “Subscribe to My Email List” CTA at the end of each article.
- Monetize — Either become an affiliate for products that will geniunely help your audience (ideally, stuff you’ve tried that worked for you) or create your own physical and/or informational product. This could be an e-book, course, consultation, guide, or something else.
It’ll take time, but do it right and the consistent payoff will be well worth the time you invested.
Especially when you’re lounging on the Amalfi Coast, sipping on Italian wine.
Now, I know what you’re thinking…
You’re thinking, “That’s all great advice, but I need a step-by-step plan for how to get started.”
And yes. You do.
Really, what you need, is a coach.
Think about it this way…
Would you rather learn from your own mistakes or the mistakes of others?
How about people who made those mistakes but came out on the other end successful?
So, before you dive into anything, hire a coach to teach you how to do it. Someone you trust who’s seen results, that you know won’t lead you astray.
Yes. It’ll cost money.
Yes. It’ll be a commitment.
Yes. It will be a leap of faith.
But so will traveling the world. 😉
Find someone who’s done what you want to do and buy their course or pay them to teach you how to do it. That’ll give you a much better chance of success than you’ve had in the past.
Then, set a quitting date…
Set a date either 90 days or 6 months down the road where you can quit if you want to. Maybe the thing you tried to do isn’t working. Maybe you hate doing it. Or maybe it isn’t as scalable as you had hoped.
Whatever the case, when your quitting date arrives, you can quit if you want, no questions asked.
But here’s the kicker: you can’t quit before that date.
You’re in it – hell or high-water – until that day arrives, regardless of how much you like/dislike it.
The reason for my quitting-date rule is simple: most people give up WAY too early. They quit on their dreams before the things they’re working on even have a chance to flourish.
99% of people never WIN because they quit too damn early.
Remember: Building new streams of income takes time. You have to build trust with your customers, create products, hone skills, and increase confidence.
It’s going to be a process…
But you’re not going to quit.
You’re going to win.
You’re going to travel the world.
You’re going to persevere until this works. <– Make that your new life motto.
There are tons of other ways to create remote streams of income. Here, I only presented three common and fool-proof ways.
Ways that are guaranteed to make you money if you commit yourself to them.
Still, for many of you, this blog post may have created more questions than it answered. That’s okay – I’m tackling your questions one at a time, as thoroughly as I can. But I’m also trying to cover material that you might not even know you need to be familiar with.
So, determine which of these three ideas you’re most interested in and ask me a question in the comments. I’ll answer as best I can. 🙂