Earn Money to Get Your Business off the Ground with These Fresh Ideas
Raising the funds to get your business started is probably one of the most difficult hurdles you’ll have to face as a new business owner. If you’ve been struggling to pull the capital together so that you can get going with your business, we’ve got some fresh ideas for you.
For instance, one of our fresh ideas has to do with YouTube.
However, making money on YouTube with Adsense has become way more restrictive lately. That’s because of new rules from YouTube. You can still make this work, though. Here is an excellent monetizing guide to help you get started. It will inform you about the new policies you need to know in 2018. Plus, it offers excellent alternatives for YouTube monetizing without Adsense.
Have a Marketable Skill? Try Freelancing
With the help of online platforms like Upwork and Fiverr, freelancing is something you can do in your spare time. Set up a profile and soon you could be pulling in income you didn’t have before. Best of all, you’ll have a flexible schedule, and you’ll do business with clients from all over the world. Who know where that could lead? You might actually meet someone on the other side of the globe who could be instrumental in helping you kick off the business you have in mind.
On the other hand, once your business is up and running, you’ll know where to go when you need someone to give you a hand with a logo or a bit of web content. Plus, you’ll have a good idea about how to find yourself a good freelancer when you need one.
Monetize Your Social Media Offerings
If you are a creative type and you’ve posted some videos on YouTube, you can agree to allow YouTube run ads alongside them whenever anyone plays them. Why would you want to do that? Well, because you’ll get paid, that’s why. Every time someone plays your video, a few pennies will drop into your account, and every few months YouTube will send you a check for whatever your video has earned from the ads that run when it plays. Income doesn’t get much more passive than that!
We know a guy who made a video aimed at young children, a silly song about a train, and he posted it on YouTube. As it turns out, little kids all around the world loved it and insisted that their parents play it for them over and over again. Our friend makes out like a bandit!
Remember, you can only do this with videos you made yourself or those on which you own full copyright.
You’ll find lots of other opportunities for monetizing your channel further with this guide. For example, you’ll learn about influencer sponsorship campaigns. When you take advantage of this opportunity, you’ll hook up with companies who want to promote their products with your content. You’ll also learn about straightforward opportunities for affiliate campaigns for sales through your video links.
Additionally, you can monetize your blog if you have one. You’ll need to spend some time on making your blog great first, though, because a sloppy, uninteresting blog won’t attract many followers. And the one thing you’ll need in order to pull in revenue from blogging is lots of followers.
Invest in Real Estate
Even if you don’t have a lot of money to begin with, you could invest in real estate by way of a real estate crowdfunding site. If you’re smart about it, you could grow a small amount of money into a good-sized bundle within a short time, enabling you to start your business faster than you might have otherwise.
Take Out a Small Business Loan
Consider taking out a small business loan. When you meet with your banker to apply for that loan, make sure your business plan is impeccable and put your best foot forward. You just might get the financial help you need to start your business.
Furthermore, if your idea for a business will provide a product or service that people truly want and need, your chances of obtaining funding will be that much greater.
Governments in some countries offer help in the form of loans and grants, too, so be sure to check out those options as well.
Invest in the Stock Market
If you have some money you can afford to invest, but it’s not enough to get your business off the ground, you could invest in the stock market.
A good strategy might be to set your sights on a goal for the amount of money you need to have in order to get your business going. Be smart about your stock purchases and sales, and thoroughly investigate any company that interests you before you purchase shares of their stock. Start small and continually reinvest your profits, until you reach your goal, at which point you can invest your money into your own company.
Use Your Imagination
It’s difficult to deny that YouTube is likely one of the more lucrative options we have offered here. And you can definitely start making money with your channel now. Find all the resources you need to do well on YouTube by reading the blog posts and taking advantage of the services offered on this platform, not the least of which is a buzzing community of monetizing experts.
These are just a few ideas to get you started thinking. If you are committed to your goal of being your own boss and starting your own company, your imagination will bring you more ideas for raising the capital you need.