What Nobody Told You About Online Money In Nigeria
Today, we will discuss what you need to know about online money.
It’s an assumption to think nobody told you about what we will discuss but you have to take them seriously because they are my secrets to success. In an industry, either online or on-site, you have to provide values that laudable to rewards.
Money is a product of reward, while some rewards are not monetary, the majority always want to get value for value.
There is a reward system that governs the affairs of the world and that is providing useful value. You can call it productivity. What matters is I need an article about how to set up my blog and you happen to be the one to clarify things.
Any attempt to encourage me to learn more, either by online training, eBooks, the on-site event is a welcome idea for me as my first encounter with you turns out to be productive. It’s a good time to say, providing value precedes getting a reward, if you have not gotten enough reward, you have not provided enough value.
Value is the vehicle that delivers reward to you. You can call the reward, Naira, or dollar, it’s just a mere way of exchange of value. If you have to sharpen your skills into being productive, that’s a great idea.
As a blogger or Comedian, dubbing what someone has done does not look like a problem, if you just start but it becomes a problem when you are thinking of getting a reward for an idea that is not originally yours.
It’s hard to get value for what you did not improve. Add value. It may not start from you but you can add to it. You can learn from anyone or model after anyone but you cannot get magnitude rewards for pretending to be Tolu Adebayo whereas you are Adams Johnson. Another thing you need to know about Online Money in Nigeria is that you have to build trust before people can buy from you.
Building trust is core to business online. Do you have a handful of followers or you are just a lone ranger? Do you engage with people’s content online? Are you traceable to good people or you are just about making money ASAP?
There is no deception in telling you that if your social media pages are not well organized, you may not get people to buy from you. When you build trust with people, business becomes friendship.
The platform is built for friendship but since business is friendship, business begins to emerge out of mutual friendship. There are several reasons while people buy things and they are predicated solely on emotions. People buy things based on emotions and create a logical reason to justify it.
The other reason why people buy is justifying their emotions with a logical reason like I need it, I like it, I want it and many more. Create the emotions people need to give you their attention online.
What Nobody Told You About Online Money In South Africa
Making money takes work, but work is too hard.
Luckily, there are some ways to make money with little to no effort. Thanks to apps, basic investment tools, and savvy shopping strategies, you can make get extra cash without doing much.
Though some of these methods do take some work up front, they can set you up to earn passive income for the long term.
Here are 32 ways to make money with minimum effort.
Credit cards often offer cashback as a reward for making purchases. What this means is, for every purchase you make, the credit card company will give you a small percentage of the money back.
The percentage differs between credit cards and categories. So, for example, one type of credit card might offer 1.5% cashback on all purchases. Another might offer 1% back on most purchases, but 5% back on gas and travel purchases. An app called Birch can help you figure out which credit card is best for a particular category.
You also often have to reach a certain threshold of payment to be able to cash in. And cards will often allow you to redeem your cashback as “points” to purchase things directly from the credit card company’s website instead.
Invest in index funds.
It’s generally a really bad idea to try to play the stock market unless you’re a financial professional.
There’s one exception: index funds. Investing in a small number of stocks is a volatile business. It’s possible to make a lot of money, but you could lose a lot, too.
Investing in index funds puts a little bit of money in a lot of stocks. Those stocks track parts of the stock market as a whole. One index fund known as the S&P 500 has grown by more than 2,000% over the last 40 years, so it’s a relatively safe, stable fund to invest in.
However, you likely don’t stand to lose or gain as much money as you would if you invest in individual stocks.
To invest in stocks, the easiest way would be to get a brokerage account at a bank like Charles Schwab.
You can also use the free stock trading app Robinhood, which gives you a free share in a stock, usually worth around €4.21, if you sign up with a referral code.
Refer people to apps.
If you use an app often enough, referral credit is as good as cold, hard cash. Uber and Lyft (ride-sharing), Seamless (food), Proper Cloth, Spier & Mackay, and Everlane (clothes), and other apps and sites offer you some credit for every person you refer who uses the app to make a purchase.
Write a book and get royalties.
Okay, so this one takes a bit of work. But lets say you’re an expert on a subject. On Marissa Mayer and the company Yahoo!, for example (now available in paperback). Once you actually write the book and put your expertise to paper, then get it published, you’re pretty much done.
From then on, whenever people buy your book, you get paid in royalties. The precise amount of royalties are contingent on your contract with the book publisher.
Cut out the middleman with self-publishing.
If you self publish on Amazon or another self-publishing platform, there are standardized contracts that pay out depending on how many people download the ebook or read it through Amazon’s ebook-lending program. That way, you can cut out the middlemen of the publishing industry and make a higher percentage of profit from your own book.
Create an online course and get paid for it.
Let’s say you’re an expert in a subject, but don’t think that a book is the right way to communicate the knowledge you want to share.
You can do it with an online course. You can make and upload one to Udemy, for example, and set your own price points. Whenever someone buys the course, you’ll get paid.
Make a website and get advertisement revenue.
If you’re an expert in a subject, but that subject isn’t fit for a book project or an online course, set up a website!
Use WordPress, Weebly, or some other web-creation platform to make a site and make your guide there. Then sell online ads — which you can do with Google, for example — on your site so that you get some spare revenue whenever someone reads your work.
If you’d rather implement a paywall instead of advertising, the startup Verst can help you do just that.
Or make a YouTube video guide.
Stick with me. Let’s say you’re an expert on a subject, but the best way to convey your information isn’t in a book, an online course, or a post on the web. Instead, consider making a YouTube video.
YouTube is filled with thousands and thousands of guides on every topic imaginable. If you’re an expert on how to do a factory reset on an iPhone, you can make a video about that. If you’re an illustrator and want to explain the vocabulary of your trade, you can make a video about that.
As with the web, YouTube lets you set up ads on your videos. People searching for those subjects will find your videos, watch them, and then the ad revenue will roll in indefinitely.
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