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Any ways of making money with no money to invest? (19)


04-02-2020 06:21 PM #1 nomore9to5 (Member)
Any ways of making money with no money to invest?

Hi guys
I'm on a tight budget these days due to the coronavirus situation..was wondering if you guys have any tips on how to make some solid income without investing (besides SEO)? 100-200usd a day would help me a lot these days..

Thanks in advance


04-02-2020 06:46 PM #2 lukeexperience (Member)

I think that a general and vague answer can be this one: "if you have no money to invest, prepare yourself to invest a lot of your time!"
Why?

Money buys traffic.
Traffic gives you data.
Data ----> Experience, from which you learn and on which you base your next steps.

I never had concrete results with free traffic, so I don't have anything valuable to share but my thoughts.
So here are my 2 cents: think out of the box and go looking for traffic sources that are free: Youtube, Reddit, Quora, Kijiji, Gumtree.... and so on!

Many people have made money out of them!
For example, CPL + Kijiji: few bucks invested, lot of profits (there's even a nice case study here on STM).
But as always, you have to invest your time and your energies!


04-02-2020 06:48 PM #3 stickupkid (Senior Moderator)

Get a job would be my advice honestly. Mediabuy needs investment, so cutting out SEO , it will be practically impossible.


04-02-2020 07:22 PM #4 eurosen (AMC Alumnus)

Are you good at anything? Sell your service on Fiverr.

Another thing you can do is so called parasite SEO.

You basically create mini blogs on free web 2.0 platforms and hope that they rank for money keywords.

You then monetize these free web 2.0 blogs with affiliate links.

This way you get free traffic from free platforms without the need to invest anything.

No guarantee that you will make something, but this is what I would do if I had nothing to invest but my time and hard work.


04-02-2020 07:23 PM #5 jack_l (Veteran Member)

Offer services on Fiverr...

It's the most overlooked thing in IM (since it's not very 'sexy').

If you look on Youtube in the comments sections on all the Shopify Guru vidoes you'll see thousands upon thousands of guys saying "Oh, if I could just make 100$ a day with Shopify that would change my life"... when in reality most of them could make 100$ a day on Fiverr INFINITELY easier than with shopify or any of the other 'sexy' forms of IM.

Learn something useful (photoshop, video editing, ebook formatting, whiteboard videos, translation, tech support for various SaaS, email marketing, etc), write up a two page 'Business Plan' of what you are going to do, then get at it!

Just my .02$


04-02-2020 09:42 PM #6 platinum (Veteran Member)

Quickest way would be to sell your skills as a service on freelancing sites like Fiverr, Upwork, etc.


04-03-2020 12:15 AM #7 cmdeal (Veteran Member)

If you have little money but lots of time, you can focus on activities like SEO, or organic which take a lot of time, but not as much upfront cash investment.


04-03-2020 08:21 AM #8 nomore9to5 (Member)

Thanks to you guys I just upload 2 gigs to fiverr!! Any ideas how to make my listing be visible more than the others? As I see there are so many other providers it's hard for me to believe that I will get enough exposure


04-03-2020 08:26 AM #9 erikgyepes (Moderator)

Either you will pay with MONEY or pay with your TIME.

In you case you need to pay with your time and your options are freelancing or getting a job (not the best option during this pandemic).

Sell your skills: writing, code/programming, webdesign, etc. Million options.


04-04-2020 05:20 PM #10 nomore9to5 (Member)

Impossible to make money on fiverr... I posted like 4 gigs , only 2 views so far (2 days)... as far as I understand in order to get ranked high with your gig you should do a lot of "favorite" and "reviews" exchanges with other sellers otherwise you have zero chances for your gig to be shown at all..


04-04-2020 05:33 PM #11 platinum (Veteran Member)

Quote Originally Posted by nomore9to5 View Post
Impossible to make money on fiverr... I posted like 4 gigs , only 2 views so far (2 days)... as far as I understand in order to get ranked high with your gig you should do a lot of "favorite" and "reviews" exchanges with other sellers otherwise you have zero chances for your gig to be shown at all..
I have lots of friends generating 3/4 figures a month quite easily.

Like anywhere else, your gig images, titles and descriptions are very important.

In addition to that, response rate and timing can make or break the success of your gigs.

Do some research on what other people offering similar services like yours are doing, then adopt.


04-04-2020 08:14 PM #12 jack_l (Veteran Member)

Quote Originally Posted by nomore9to5 View Post
Impossible to make money on fiverr... I posted like 4 gigs , only 2 views so far (2 days)... as far as I understand in order to get ranked high with your gig you should do a lot of "favorite" and "reviews" exchanges with other sellers otherwise you have zero chances for your gig to be shown at all..
You've posted 4 gigs in 2 days and concluded it's "impossible" to make money on there?

If it was that easy everyone would do it man! lol

Any way to make money online is going to take at least a modicum of hard work, study, failure, etc.

Even making 100$ a day on fiverr is 36.5k a year working at home, which is something 99% of people in the world would kill to do, and thus you're going to have to work harder and smarter than 99% of other people.

I didn't mean to imply Fiverr was "easy" so my apologies if it came off like that- it is- as @platinum mentions- a proven way to make money though, and I also know numerous dudes in their 20's and 30's (some even teens) making 100-200$ a day on there. It definitely took them awhile to master it though.

You're obviously a smart dude or you wouldn't be on STM discussing all this stuff in the first place - just wouldn't want you to fall prey to this black/white thinking you often see in Internet Marketing (especially in the Youtube 'guru' space) that everything is either a) impossible, b) a scam, or c) the "secret" to making millions instantly.

In reality most forms of making money online are none of the above- they all take several hundred if not several thousand hours of study to get to the point you can really make money with them, and basically none are easy to do from day one, and none allow for 'instant' riches.

Anyway don't mean to ramble on at you- Fiverr might be the totally wrong thing for you, who knows- I guarantee you'll make something work if you stick at it long enough though and definitely wish you luck!


04-04-2020 08:29 PM #13 jaybot (Veteran Member)

Back in my day, we didn't have anything as awesome as Fiverr, or FB or LinkedIn for that matter.

I got gigs by scouring the internet and cold emailing/IM-ing people offering my services. You can imagine how much rejection that entailed.

I also built up a sort of personal brand by writing reviews and articles on websites related to the niche I wanted to work in, for free. That got my foot in a few doors plus name recognition. I eventually made enough to live off of.

Nothing glamorous, but I was still working for myself. Usually in my underwear.

As the internet evolved, so did I, and social networking apps and everything else just made things easier.

If an idiot like me could get it to work without a platform, a smart person on a platform like Fiverr should make things even easier.

As usual, gotta grind a little bit.


04-04-2020 08:37 PM #14 youreadthis (Member)

Fiverr won't provide you the required traffic for $100-200/day+ immediately after registration and posting few gigs. These platforms don't work like that. For this freelancing thing to work the way you want it, you will need multiple platforms like upwork and fiverr (would help to register in top15+), and hustle around FB groups and linkedin for prospects. Build a portfolio, references and brand like jaybot mentions. There are freelance groups (hundreds, many local too) on FB where you can freely post your offerings for free.

P.S. First reviews are the hardest, try hard to obtain some.


04-05-2020 06:59 AM #15 nomore9to5 (Member)

I don't know if any of you tried fiverr lately but this is what I can tell you about my 3 days journey there -
At first I didn't think it would be so hard to get some views (I thought it's like ebay for freelancers). I didn't think that once you post your post it will not be visible to any one! Not even on page 1000...

So I started to look on Youtube to find ways how to get my gigs ranked higher. All of the guides pretty much explained the same - go into Facebook groups of people who want to exchanges "favorites" and "reviews" which helps to get ranked higher.

I joined to like 10 different groups and when I saw what is going on there I was in a complete shock...there are endless amount of freelancers (mostly indians and pakistans) from fiverr who do these "favorite"/"reviews" exchanges all day long in order for their gigs to get ranked higher...So if this is the situation, not only I will have to make a real work for the $5-10 per job that I can earn on fiverr, I will also have to endlessly compete against those freelancers who do this type of "SEO" all day long....it's totally not worth the time and the effort, there must be an easier or should I say a smarter way to make money


04-05-2020 02:48 PM #16 iiabed8 (Member)

Hello bro!
I can tell you in my experiences of Fiverr I had spent 20 days and I make one sell (40$). you should be focus to add value for a client before earning money I will use the quotes of @twinaxe

This is no game with Monopoly money
anyway the 3 days not enough period for judging Fiverr worth or not. all businesses online need to split-testing the different combinations to achieve the best one.
from my experiences I can suggest to you:
- checking the Fiverr Forum that has huge information
- pick the 3 of best competitors and analysis the descriptions and everything
- more reading and searching


Please don't use the scammer methods, Fiverr have the smart system
thinking outside the box
Goodluck


04-05-2020 03:43 PM #17 nomore9to5 (Member)

Quote Originally Posted by iiabed8 View Post
Hello bro!
I can tell you in my experiences of Fiverr I had spent 20 days and I make one sell (40$). you should be focus to add value for a client before earning money I will use the quotes of @twinaxe anyway the 3 days not enough period for judging Fiverr worth or not. all businesses online need to split-testing the different combinations to achieve the best one.
from my experiences I can suggest to you:
- checking the Fiverr Forum that has huge information
- pick the 3 of best competitors and analysis the descriptions and everything
- more reading and searching


Please don't use the scammer methods, Fiverr have the smart system
thinking outside the box
Goodluck
First thanks for your message.
Second, the gig I offered has a lot of value in it. I'm very good with photoshop and retouching so I offered a full retouch for a photo for only $5. I tried 4 different gigs which more or less offer the same idea, but nothing got any views at all....so if Fiverr doesn't give me any chance to be seen, how can I make any money off of it? I mean, Fiverr should have the traffic to provide me to work with..otherwise what's the point? If I also have to do the SEO like on google, I would be better off by simply opening my own site with my services and promote it instead of driving traffic to Fiverr...Am I missing something here?


04-05-2020 05:13 PM #18 platinum (Veteran Member)

Quote Originally Posted by nomore9to5 View Post
First thanks for your message.
Second, the gig I offered has a lot of value in it. I'm very good with photoshop and retouching so I offered a full retouch for a photo for only $5. I tried 4 different gigs which more or less offer the same idea, but nothing got any views at all....so if Fiverr doesn't give me any chance to be seen, how can I make any money off of it? I mean, Fiverr should have the traffic to provide me to work with..otherwise what's the point? If I also have to do the SEO like on google, I would be better off by simply opening my own site with my services and promote it instead of driving traffic to Fiverr...Am I missing something here?
What’s your competitors avg service price for the same task on Fiverr? Have you already checked it? Also, what’s the overall number of orders delivered by the top listed guys with services similar to yours?

If your competitors are charging $15-$30 for the same service, going for $5 will not make your gig a favorite one for Fiverr. Reason behind it is that they keep 20% of your order value, and they will make more money from someone that charges $15 compared to someone that charges $5.

Remember that they have all the data in terms of search volumes and conversion rates per gig category. So their system will prioritize proven gigs and sellers first. Especially when talking about photoshop (which is hugely offered).


04-05-2020 07:03 PM #19 jack_l (Veteran Member)

Quote Originally Posted by nomore9to5 View Post
I don't know if any of you tried fiverr lately but this is what I can tell you about my 3 days journey there -
At first I didn't think it would be so hard to get some views (I thought it's like ebay for freelancers). I didn't think that once you post your post it will not be visible to any one! Not even on page 1000...

So I started to look on Youtube to find ways how to get my gigs ranked higher. All of the guides pretty much explained the same - go into Facebook groups of people who want to exchanges "favorites" and "reviews" which helps to get ranked higher.

I joined to like 10 different groups and when I saw what is going on there I was in a complete shock...there are endless amount of freelancers (mostly indians and pakistans) from fiverr who do these "favorite"/"reviews" exchanges all day long in order for their gigs to get ranked higher...So if this is the situation, not only I will have to make a real work for the $5-10 per job that I can earn on fiverr, I will also have to endlessly compete against those freelancers who do this type of "SEO" all day long....it's totally not worth the time and the effort, there must be an easier or should I say a smarter way to make money
It sounds like Fiverr left a bad taste in your mouth - which is totally fine- if that is the case you should do something else. There's no shortage of entrepreneurial opportunities online - that's the best thing about it-- that it's a "make your own adventure" type of journey, as Malan Daras says (shout-out to old Mad Society members on here ).

I think the reason we're all kind of pushing back on you is that most of the people responding have all paid out thousands or tens of thousands of dollars to Fiverr and Upwork sellers so we know that it isn't "impossible" to make work and in my case (because I like dealing with native English speakers) most of the money I've spent on the platform went to regular twenty-something American dudes who I know were doing well with it (typically selling high price point services and leveraging their language/location to stand out amidst the armies of Pakistanies and Bangladeshies advertising 5$ gigs).

Again- there's definitely things to dislike about it though, but if your goal is to find self-supporting income, and your username is "nomore9to5", you gotta make sure you don't fall into this trap of thinking everything is "impossible" or a "scam".

Whatever you choose to attempt next, I would recommend reading at least 1-2 books on the business (there's books outlining how to succeed with nearly every business model on Amazon somewhere), spend a couple hundred hours studying your competitors, the best practices, etc... then write out a "business plan" of how you are going to succeed, and then force yourself to spend several hundred hours trying to make it work before making any judgements about it.

Everything is going to be frustrating at first though... even if you were to do something entirely "entry-level" like taking surveys for 10$ an hour, it's still going to be frustrating and difficult at first... and the more profitable the potential opportunity is, the more difficult it's going to be up front. If it wasn't, we wouldn't have anyone working at McDonalds or Walmart because everyone would be making money online

Here's an Alex Becker video on this exact subject, of why so few people succeed at making money online: https://www.youtube.com/watch?v=VkrC3QKpoH8

As I've heard other people say on here, if you've made it this far (to actually joining STM and making concrete attempts at making money online), then you are already farther than 95% of people ever get, so just keep pushing and don't give up! We are all rooting for you!


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