Effortless Income Formula - A Work From Home Business Plan

By BHARAT NISHAD

Want a fast way to fill your bank account with an extra $500... $1,000... Even $10,000 or more by the end of next week?

Then you need to read the Book above and read every word on this page. That's because on this page you will discover a brain dead simple way to earn 6 or even 7-figures…

Without having to leave your home…

Without having to do any hard selling...

In fact you can run this business in just 20 minutes a day all over email and see your first payment by this time next week.

The sooner you can get started the sooner you will become the 'goto' expert in your local area. This high ground will make you the authority for online consulting and businesses will naturally flock to you.

Seeing that first payment land in your PayPal account from a business owner who needs your help is LIFE CHANGING. It's an experience that can't be put into words… The pride, and confidence that comes with it… Knowing that YOU have the power to generate income on demand and you will never have to worry about money ever again.

It's an experience I want YOU to have, and one that I am willing to personally promise you.

• Language: English
• Publisher: BHARAT NISHAD
• Release date: Apr 2, 2024
• ISBN: 9798224450183

Book preview

Make Money From Home Overview

Make money from home during the covid 19. Social distancing. We're gonna talk about some common ways that you can make money online from home. There's gonna be a lot of information if you search and dig into these items. However you'll also find a lot of stuff which I would think is kind of like junk where you'll see titles like you know make ten thousand dollars in a day you know just starting out or make a thousand dollars a day type of title so it's hard to decide what to trust when you're doing research on these items. So I've been working from home full time for two or three years now. I thought it might be worth going over some of these items, some of these platforms that are often used to make money online. My principal way to make money online is through teaching Books in content information and so I do make you know add since revenue and then I make revenue from core sales on various platforms.

I'm not going to be discussing that right here, however I'm going to look at some of the other types of platforms because the Book investment is usually something that's going to take a little bit longer for a return. So I'm I'm thinking at this point in time it might be something that people are looking for kind of on a more immediate return and that'll be in a way to get some kind of feedback a little bit earlier and get used to some of these platforms and then maybe work into some things that might take a longer time to to return such as you know a Book creation and things like that. So we'll take a look at some of the more common or some common ways that we can get a fairly quick turnaround and the platforms that are typically used. We'll talk about tutoring platforms that I've used and then up work and fiver.

So here is the tutor inside I'm going to take a look at. I've worked with varsity tutors and then we have five here is a website so that you can take a look at and then up work is a website to take a look at. Another reason I've grouped these together is because they're kind of similar in their nature although they focus on different areas and that is that the platform is looking to basically be the middle person between you and the person you're going to be dealing with. Obviously with tutoring they're going to be looking to be the middle person and therefore I get some fee to be the middle first person the exchange the connector between you and the student five or you're gonna have a client you know kind of like an employee employer relationship and it's a contractor type of based relationship.

And so again they're going to be the go between. Same with the upward. So that's going to be kind of like the model with these three things. Now the first thing I want to point out with any or any one of these are great tools because once you get a job you can basically turn around do a job and get paid immediately. If you do, Now I don't mean you're gonna get paid the same day as you do the work but the system these platforms process the payment pretty quickly and you don't have to go through the collection process. If you were to have to do it yourself to have a receivable to go out there and then go through the collection process because obviously the platform will go through that collection process for you and you don't have that employee type of information where you have to have the withholdings and all that kind of stuff.

Cuts are typically set up as a contractor as if you were a contractor for them. Things like it would seem like it would take a lot of time to figure out and set up. But with the use of things like paypal now you can get paid online and you could take the money out of your PayPal account put it in your bank account and it works quite well in most of the time you don't have to be set up as an employee you're set up as a contractor therefore it's just a straight payment and that's an easy process. The clear downside Of course is that you know if you were able to get the clients yourself for tutoring or for contracting work then you can charge a higher price and you wouldn't have to get the cut from the middle person which is going to be the platform. So that's going to be the pros and the cons in general.

So I'm imagining at this point in time there's probably a lot of people that have you know highly skilled areas either and it is a subject such as tutoring or that could be giving advice or whatnot or doing work in some way shape or form to consulting or some other work that they can sell out as a contractor to individuals. The problem Of course when working from home is that connection. How do you connect and these platforms are basically designed for that connection. Now just realize that you could Of course set up your own platform and you're gonna think about this you know as you do these.

And think about the cut that's being taken out and you can't do that you could set up like your own platform such as a website like this and just say contact me on the Web site and then you can use something like like Zoom meeting because that's all you really need is to meet online but also be able to display what you're showing for tutoring or for consulting that type of work. That's basically all the platforms are going to be doing over here and you can do the same thing. The problem is how do you get traffic to your website here? It's going to be hard to pick up the clients.

Once you get the clients you can charge them basically the same rate they would be charged other wares and you'd get paid more because there's not going to be a cut from the middle person so that said that's why it's usually easier than whether you be doing tutoring or some type of consulting work from home to work through the platform because they're gonna be they're gonna be the one that basically markets all the all the information and then they're going to they're gonna be able to send that information to you so it's really easy to work with the clients. And plus if there's any problems or anything like that they often go through the platform the platform basically handles that.

So all that type of work will typically go through the platform and then maybe later on branch out to it to your own Website as well. Now the other thing I want to advise on any of these platforms just notes that as the Internet grows what happens is you'll see these networking kinds of effects meaning the companies that survive have the larger network. So for example if you're talking about Facebook. Another competitor can come in and possibly have a better platform Of course than a Facebook platform and might have a different angle a better angle in some way and it would still be almost impossible for them to get into the exact nature market because just because Facebook already has the network they got all the people are already on and used to the platform. So once people are on and used to the platform and it becomes like the standard then then these platforms tend to get a monopoly of a certain area.

So obviously if you like YouTube it's pretty difficult to compete with YouTube in that same area or you know something like Facebook and whatnot. So the same thing happens with these type of platforms if you're talking about teaching platforms that are public teaching platforms or if you're talking about these middle person platforms as well especially with like fiber and up work like people already know these platforms if you work online and you're trying to contract with people and you're trying to get people to do like computer skills or get people to do consulting skills these platforms are well known it's gonna be it's gonna be difficult to go to other platforms. Now why do I say this?

Because what you don't want to do is sign up for these items and and and do it in a lazily kind of process because what'll happen is if you get bad reviews when you start up then it's not as easy as you would think to just wipe the slate clean. You can't start a new account and start over again but note that everything is becoming more integrated. So these platforms kind of know who you are because you're linking this to your LinkedIn account you're linking it to the other types of things. So what you want to do is decide whether or not you want to participate in these platforms and then and then do it really do it as well as you can.

You know, take on the clients and then you want to build up the ratings so that you'll be built up in the ratings system. If you if you go in and you start off with some with low ratings in the end and you don't start off well it can be difficult to turn the account around and you might think well I'll just start another account which you may be able to but it's not as easy as you would think considering the fact that again these Websites are interlinked with a lot of your other social sites. So you know they're going to be able to know that it's the same person and they could block you based on that even if you start up another account.

So the first thing I would think is well is this something I really want to do. Do the research on it. And then if you do want to do it you know do it well you know sign up do everything they ask for to sign up the account. And even if you don't use it , if you say hey I'm not using it for a while then that might not be a problem. What you don't want to do is take on work and do it poorly because then this whole thing is built on a system of known stars and how well you've done and whatnot and feedback and all that kind of thing. So. So that's one thing I would make sure to to look into when you're considering these items.

Now the tutoring item if we go through each of these tutoring I'm not sure that in terms of I know varsity tutors pretty large I'm not sure if they've completely dominated there's other tutoring large tutoring companies as well so. So I've worked with varsity tutors. Again I don't. I should have an affiliate link or something but I don't. So you know it's just so I'm not related to them in any way for it or getting money for this but I've worked with them before and the way they're going and they do have a big platform and they were able to just get work all the time for it. Now the great thing about the tutoring again if you could get the tutor then you would you can charge more Of course but you know if you're tutoring from home even if they don't tell you that much it's really pretty easy to do they just call you up and you jump online on their platform and and then you just tutor for an hour and and you close it off.

So that means that unlike other work you're not doing any commuting time you're not doing any added time you know that you would be spending at the place in a normal job here they're just gonna call you say hey do you want this. Do you want to take this tutor now or not? Or you could set up the appointments for it. So like I say it's not that they're not going to get a lot of money per tutoring job but the money is consistent and they paid consistently. So you know if you picked up if you picked up the tutoring you paid consistently and you can also learn better ways to work with these online things because the tutoring that they have here at Varsity they use their own platform to sign into their own platform it's going to be similar to something like a zoom which is that which is something you can experiment with which which is like a free platform that many many teachers and many meetings are using now.

So once you so it's good practice if they actually pay you to it you know if you get paid anything during this time and you don't have any of it you know to learn these platforms and how to use these e teaching platforms then I think that's a you know a useful use of your time and as you do that then you can build up your skills and possibly be able to pick up a few clients again what you want at very very very careful with all of these is your temptation is going to be should I want to take pull this person off the platform and get them on to my platform give them my Web site and my you know you are able to work with Zoom. And Of course the platforms get very angry at that or that's what they're worried about.

So the reason they're going to have you connecting and talking between their platforms is because they typically do not want you to put your email. So if you put your email on their platform saying hey contact me and we can do something then they're going to know they're going to get mad probably against their terms. It's almost definitely against the term. So again what you really want to do is build up your clientele here you know, learn everything from here and then run your platform parallel to that. And then do your own marketing coverage over here as you perfect your system and then you can do your own marketing over here and you try.

You're not trying to pull from from the tutoring platform over here because that could get you in trouble with the platform but rather you know doing your own tutoring possibly through a YouTube channel your own kind of blog pulling people into your own platform and and then you can use the tutoring platform to try to mirror what you would need for it for good tutoring. Right. Which means you need a good platform and you need a connection which you can do basically free with something like a zoom type of software also. And then this is a quick little plug on the tutoring platforms. If you are an accounting tutor and you're looking for resources to help you with your accounting tutoring we do have resources over here.

So on our account on our Website. So if you are an accounting tutor and and you want to do accounting tutoring for something like varsity tutors and you want resources that can help support your tutoring online then you know we may be be able to give you access to our resources in exchange for you know using them with potential students who might want to engage with our accounting resources. All right. So that's our little plug here. Okay. And then five or between five and up work. Now I've worked with Fiver. That's why I have it first. Because this is what I work with for my little job. Now I usually hire people on five or like I say most of my work that I do online is actually with teaching platforms but that's a much longer return.

But I've worked with Fiver because I've needed help with. With jobs you know like computer jobs and other kinds of updating and that kind of thing. And the fiverr is going to be good for little jobs usually like a one time job type of thing is going to be the idea on fiverr. I've used other other websites that don't have kind of like this middle person setup because if I'm going to have a long term job like up work is usually set up more for a long term job where you're actually going to be working with people for a longer period of time a longer project or have multiple jobs with them. And if that's the case for me I'd like to go outside of the platform entirely. So I try to, if I'm going to hire someone as a contractor and have an extended relationship, I try to hire them when I'm not on the platform.

So I don't actually have a lot of experience on either side of my work. However I think our forks are a really good place to start off as again there's a huge network of people on up work. So if you have a skill such as such as teaching or something like that they're really big on computer skills Of course as well but any kind of even consulting and that kind of kind of stuff is all you know writing types of things is a ton of things online that are going to need a writing for like blogs and whatnot. So you can take a look and you can review other people's other people's sites upward and then you know how to build your profile and there's a lot of information on how to build a profile both upward and upward.

I actually think if I was to build a profile that I would think up work would be the more reputable place you'd want to do it because up work is really where you're going to. It looks to me like you'd be building a longer term portfolio whereas fiver is gonna be a quicker type of job like a one job where you're not really most likely working multiple times for the same for the same individual. So you're doing quicker jobs whereas up work I think it's got to be designed more so you can work with the same individual no longer for a longer frame of time. Now these two if you're working with these two they're probably because you're doing jobs on a contracting basis they might be providing you more you know you might like.

working for them as a as a contractor because they might they might as the middleman be able to deal with with any kind of any kind of problems any kind of refund problems and that kind of things things that might happen a little less likely to happen in a tutoring situation maybe whereas you know tutoring if you can get the if you can get the student yourself if you were to pick up the student yourself you could probably deal with any you know any problems that happen you know. But if you're doing other kinds of more complex issues where you could have an issue with a you know someone's Web site goes down or something like that then it might be nice to have some more liability protection with the middle person working here.

So it might be worth the cut that they that they take more in that sense but you'll have the same kind of thing where they're gonna be in there being the middle person and they're going to not want you to be communicating off their platform and that's going to be something you'll have to deal with and you have the same kind of kind of setup that you might want to make your own Website parallel and then use your own marketing to see if you can pull people to the Web site that you can have your own clients as well as doing work on upward running them parallel instead of thinking about trying to pull people from an up work or something to your Website which is going to which could get you into trouble with the up work and then and then just note once you're in trouble with up work and fever then there are those are basically the main two kind of Websites you can do this with.

Right then you're left to do your own marketing which is possible but difficult. All right so what you really want to do is start here build a solid profile you know be happy that with the cut that they have it even if it seems like a lot and then run your stuff parallel to that and see if you can if you can draw people into that website as you go now how can you start your Web site if you wanted to if you want to run this parallel Well you could use WordPress to do it. That's going to be like an open source type of software but you need to get a domain to do that. The easier thing to do is to use something like a Wix. You don't actually own the Web site that way but you can easily build one page.

I mean if your pages like I'm a you know I'm a tutor and you're trying to draw people into that and then you can make a youtube channel or something that draws people to this page it just has your pricing and contact information and you just say hey look I use I use zoom to have tutoring meetings online and you know here's my contact information here's my prices you know and possibly to if you're an accountant tutor and here's the x and you know outstanding resources we have