Dana Prince on June 27th, 2010

How many eggs are in your online income basket?

How many eggs are in your online income basket?

Getting to work from home can be great. One of the things many people do is find more than one source of income, to protect their lifestyle.  By having several sources of income, or income eggs in your basket, you protect your ability to earn, should something go awry.

Some, who are telecommuters, don’t worry as much because their job is considered as safe as any other full-time job but if you are a freelancer or have your own business, this isn’t always the case because you’re regularly searching for ways to earn.  Several sources of income could mean safety and it could also mean that you’re making decent money.

Tips for Having Multiple Income Eggs

  • Find some quick paying go-to options. That way, if you’re in a pinch, you can get grocery money fast or money to take care of an unforeseen expense quickly. Wherever possible online entrepreneurs should have a few make money fast options.
  • Network. Talk to other entrepreneurs and freelancers. That way you can share leads and potentially share overflow work.
  • Work on developing some passive income streams.  If you build websites with affiliate marketing, network marketing, or contextual advertising, for instance, the initial work could be time consuming but those sites could become passive for you, creating income that generates itself and presents you with monthly payments. Learn more about affiliate marketing and passive online income opportunities.

Strive for a delicate balance when adding income eggs. Too many could feel overwhelming and result in lack of balance but some regular ones, some passive income-building options, and some strategic fast-earners could be the ticket to reaching your financial and career goals.

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Dana Prince on April 8th, 2010

Most freelance writers have several sources of writing work where they can get paid to write articles. Some are ongoing, some are one-off, and some are gap-fillers. All can be good. Read on for a bit about each of the above categories and how to go about getting those types of writing jobs.

  1. Ongoing

Finding regular writing clients can be a good thing. Do a good job and you might get ongoing writing work.

  1. One-Off Jobs

By marketing yourself, you can find writing jobs that are one-off scenarios. Someone might need a press release written, might decide that they want to write a new sales letter, want help re-vamping their website content, or want another freelance writing service. Marketing can help these clients find you.

  1. Gap fillers.

There are content companies and busy clients that may offer you an all-you-can-write buffet. Having a few of these eggs can be a good thing because you can make fast money writing when you need to up your earnings or when you have a gap in your schedule. You an also spend some of your gaps working at upping your passive income streams through writing for revenue sharing sites, such as InfoBarrel and HubPages, or through developing content for your own sites and blogs.

How to find Writing Gigs:

Find ongoing and one-off clients by marketing on an ongoing basis. Freelance writers who market can get found by clients and some of those clients could provide you with regular work.

In terms of gap fillers, sign up with a writing agency, start a profile on a freelance bidding site such as Elance, sign up with content companies such as Textbroker, Internet Brands, and Demand Studios so you can dive into one of these options as and when you need to.

Getting paid to write articles can be a business of feasts and famines. By diversifying your incoming writing work sources and by continually marketing yourself you can have a wide array of options available.



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Dana Prince on March 4th, 2010

I signed up to get paid to write articles for Demand Studios in 2008. They offer an all-you-can-write buffet for writers where you can get paid to write articles ranging in fees from $3-$75 per article plus revenue sharing options. I got accepted. But then I realised they accepted my application in error because they only hired US writers.  Sad face :(

I left my account in tact. It allowed me to get updates relevant to writing for DS and I knew that there was a chance that they’d eventually let their friends to the North in. Today I got an alert on the WAHM writers forum which led me to Deb Ng’s freelance writing jobs blog and sure enough, today was my lucky day.

I emailed Demand Studio’s Help Desk and they tweaked my existing account to reflect my Canadian status and voila! I can now get paid to write articles for sites like Ehow and others. At the moment my freelance writing and web marketing service business is smokin’ busy but it’s great to have DS as a gap-filler.

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