There are many ways to make money online that do not require that you take a bank loan in order to get it up and running. I prefer to build my businesses from scratch using free proven techniques and solid hard work.
But despite the obvious appeal of creating a business using cost-free methods, this is often not enough for many newbies, because it takes time to see results. Many grow disillusioned with the lack of profit in the first weeks and simply give up. So I wanted to promote a method that is simple to set up, does not cost anything but your time and effort and crucially brings an income instantly.
I am talking about writing articles for other people. Now I know this not something that appeals to everyone, but if you are capable of writing then you should definitely give it some consideration.
Firstly, you should visit sites such as digital point, elance, sitepoint, etc. and find the section where people request writers. The average rate is around $5 per 300-500 word article, but if you can demonstrate your writing capabilities and develop a reputation as a writer who produces work quickly and meets deadlines, then you can reasonably expect to charge $10-20 per article.
Next, you should aim to develop a client list. Write as many articles as you can and make sure you ask for testimonials from your clients as well as payment. Once you have 5-10 testimonials, you should set up a basic blog that offers your services as a writer. Demonstrate your past experiences by including some of the testimonials on the blog.
Now having created a client list and provided a platform for your services you are in a good position to set your prices at a level higher then the average. You can advertise your blog in the relevant forums that allow sig files and build your business from there. That's it - Simple!
Now, I will be honest with you - this is not going to make you rich, but it can definitely provide a good income and is a real, genuine home based income. Here are some basic figures - If you write just 2 articles an hour, 8 hours a day, 5 days a week (i.e. the basic working week), your income at $10 per article will be $3,200 per month. Not bad for just writing articles - I know it's not glamorous but it will bring in more than the average income and this is real money.
Anyway, I wanted to put this idea forward. Let me know what you think.
Paul.
