Hello Miles, awesome job getting over your hesitation toward writing. I have the opposite problem, I’ve been trying to make a YouTube video for the last 3 days after finding your channel. It’s very frustrating because I’m excited about the process and very motivated I just don’t seem confident at all on camera (because I’m not). However, my niche is in fitness and confident, over the top enthusiastic delivery is sort of expected.
This was a wealth of helpful information, thanks. In the first section you described how you found your niche. Any more suggestions on how I would find a niche that would be profitable? I understand you probably want to find something that you can write good content on, but what steps would you take to make sure to validate that it will be a good niche to work on? Thanks for any help Tom.
And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he’s made almost $13 million since launching in 2012.
To be honest, I know nothing about the EU or the UK. as an affiliate you are simply an independent contractor, here in the United States we get a tax form called a 1099 that reports our earnings and we have to self report all earnings and pay taxes on our own. I usually expect 30% to 40% of my income will be taxed and that is a conservative estimate so I don't underestimate. Best to find someone more familiar with Europe, the UK and your specific position to give you specific guidance… With that said remember, the only time you deal with taxes is if you're making money. If you don't have a website built, you don't have an audience growing, you don't have dozens if not hundreds of posts published… You are very far away from earning money and a thought about a future challenge that is not real yet is holding you back from getting started. The most important thing to do is to start
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trip a reality.
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.