January 20, 2009
On occasion, online entrepreneurs have to outsource potions of their latest projects. No one can do everything well, and sooner or later, they’ll have to hire someone to do it for them. Things like web design, programming, writing, or video creation are examples of things that get outsourced. If you can do one or more of those things, you can make money by being the outsourced help.
There are some ups and downs to this technique. The biggest up side is that you get paid regardless of the success or failure of the clients. You do a good job for them, of course, but once you’ve given them what you were hired to create, your part in the matter is done. This cuts your risk considerably, and insures that any work you do will be paid no matter what happens afterwords.
The down side is that you don’t have the opportunity to make as much as you would with direct sales or promoting someone else’s products. Business people takes those risks for a reason, and that’s the chance to make large sums of money. You can still make money, but you’re potential may not be quite as much as another type of entrepreneur.
Still, freelancing is a good way to monetize a skill, and if you want to go this route, here are a few things you’ll need:
- A web site decribing what you do and other things to help sell your services. Those would include automated lead collection, samples of your previous work, and easy navigation so you don’t annoy potential customers away.
- Some means of promotion, especially those that let you build credibility for your expertise.
- A reliable form of payment collection that takes credit cards, like PayPal. Furthermore, never create a project until you have payment in hand. Some people may hire you frivolously, but you can minimize the risk they’ll waste your time by getting paid in advance.
If you have skills, you can put them to use for others to make money online. You took the time to learn them, and using them to make some extra cash is a perfectly legitimate way to go.
December 5, 2008
I thought some of you might be interested in trying it out to make a little extra money on the side. This service hooks up people who need expert advice with experts that can provide it. You charge by the minute for advice over the phone or through a chat service (I also think you can do it through email). I will probably sign up for it and try it out sometime.
The only thing I am uncomfortable with is the following two sections in the Terms of Service:
- Expert agrees that any information or content that Expert posts or transmits through LivePerson.com will not be considered Expert’s confidential information, but rather this information, whether personal in nature or not, shall be owned by LivePerson. Expert further agrees and consents to the Expert’s chats or transcripts, being captured in any format, controlled, processed and shared by LivePerson with third parties as designated solely by LivePerson;
- Expert grants LivePerson an unlimited, irrevocable, royalty-free license to use, reproduce, display, edit, copy, transmit, process, control, publicly perform, and create derivative works communicate to the public or any third party any such information and content on a world-wide basis;
Otherwise it looks like it might be a cool way to make money online. I will probably try it out when I am caught up on implementing my current business plans.
Shout out to Garry Conn for letting me know about it.