Alt Chat: Generating Revenue from Your Expertise

Thanks to the Internet, web-based applications, and social media platforms, we have more ways to earn a living than ever before. We can sell information and skills, as well as, or, instead of physical products. And we’re able to sell to anyone not just the community in which we live.

Join the Alt community and Alt Summer 2015 sponsor Gumroad on Twitter Wednesday morning (tomorrow) May 27th at 9 AM PT/12 PM ET for an hour-long chat about how you can turn your expertise into a product that connects you with your audience, expands your brand, makes you money, and more. We’ll talk about how you can gauge which ideas have the best potential and what strategies you can incorporate to generate sales.

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Making Money: When Having Too Many Jobs Hurts

By: Melanie Blodgett. Photo by: Justin Hackworth

I’ve mentioned several times here that the key to making money online when you don’t have huge numbers on your own site is to diversify and to have multiple streams of income. While the first step is to secure paid positions, once you do that, one issue you may run into is having too many jobs and not enough time to execute them all. While it may appear that you’re making more money by keeping all of the positions, in the end all your work will suffer because you won’t be able to spend adequate time on each and that will hurt your potential to make more money in the future.

If you find yourself in this dilemma, here’s some steps to take to save your sanity:

1. Decide what your end goal is. For instance, if your goal is for your blog to be your main source of income - what’s going to get you there? If spending more time on your content is key, what are the most time consuming jobs that are preventing you from doing just that?

2. Take stock: make a list of all the jobs you currently hold and the amount each job pays.

3. Really break down the pay: look past the face value and consider the amount of time each job takes, the other benefits it offers, and how much you enjoy the job too. If it’s sucking the life out of you, let it go.

4. Decide which jobs are worth eliminating and if you don’t have a contract preventing you from doing so, quit. Make sure to deliver what you’ve already promised and give them plenty of time to find a replacement. If you are in a contract and you no longer like the job, consider outsourcing the work until your contract is through.

5. Look at your remaining jobs and be realistic about how much time you need to put into each. Break down your work week and decide if it’s feasible. If it’s not, repeat the steps until you have a schedule you’ll be able to maintain.

As I write those steps down, it seems so straight forward but I know it is not. There are a lot of factors to consider and it’s hard to turn down money when you’ve worked so hard to get it. But what you have to keep in mind is your end goal. Let that be your motivator.

Why Contribute?

By: Melanie Blodgett. Photography by: Gabriela Herman

Some of you may be excited about the possibility of contributing, but some of you may be wondering why you would choose to create content for sites that are not your own. Here are 5 reasons why contributing is beneficial:

Contributing is a money maker

If your own site isn’t large enough to pull in much cash flow, you can make money contributing. Sites that hire contributors have the advertising revenue to be able to compensate you. In turn, you can take the money you earn to help build your blog by investing in a custom design or hiring contributors of your own.

Contributing will help grow your traffic

Your traffic grows the more readers with similar interests are drawn to your site. Contributing to sites with a larger readership will attract visitors who will hopefully become faithful readers.

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