Looking For Supplemental Income Ideas?

By | November 14, 2019

The other day, I was having a conversation with a friend of mine and he knew that I was always looking at ways of starting a home based business. He asked me if I had any supplemental income ideas that didnt involve huge amounts of money to get started in and could work on in his spare time.

I told him that one way he COULD make some money was through affiliate marketing! There are many different ways to make money from home. This could include starting some tyoe of service based business, or working as a part time virtual assistant, or some other job you could think of that you could operate from home

The reasons I suggested Affiliate Marketing is because the ease of working on his spare time, ability to work directly from home, the amount of products and companies out there willing to let you market their products, and potential for big payouts.

Working On Your Spare Time

Affiliate Marketing can be a full time position if you want it to be. Nothing says it cant be. But as most of us, myself included, need to continue working to pay the bills. If, and it is possible, the income from Affiliate Marketing were to become more than what you are currently making on a consistent basis, you could go full time. Many people have.

But until then, most of us will have to work on it in our spare time. I have it set up like this. I have a family and maybe you do too. They come first, and there are many things we need to do with them after we get off of work, such as homework, getting dinner ready, after school activities, etc. I work on my sites and content material after they and my wife go to sleep. This ensures that all my things to do are done, and that I have zero distractions to work.

Another good thing about being on my spare time is that if I have something come up, I am not pressured to get things done.

But, there is a caveat to this. Affiliate Marketing does take work. Your products you want to review and market will not sell themselve. There is work to be done. Even though it can be done on your spare time, I would recommend putting at least 10-15 hours per week on the site and content. This way there will be consitent content coming from you and allows Google to trust your site.

So while you can definitely do this on your spare time, be prepared to put in some work.

Ability To Work Directly From Home

Most if not all of us have seen the ads on Youtube with the guys and ladies saying that they work at home in their pajamas or next to their pool working on their business. That is definitely the case. I find it better to be in the comfort of my own home, wearing comfortable clothes, and be able to concentrate on the tasks.

This is YOUR office, not the companies you work for. How many times have you had a Casual Friday and found that wearing clothes in a dress down environment actually increased your productivity? Did it make you feel better becasue you were comfortable? I know it does for me!

Good thing is that when you have the ability to work from home, it is always casual Friday. Plus, especially for me when I work from home, I dont have to worry about constant distractions like I would in a work environment.

The Amount of Products and Companies

Are you worried that the niche you select wont have that many products to market or have enough companies that will have affiliate programs? I know I did for the niche I selected.

To help you, think of something you like and wouldnt mind reviewing. For this example, lets put this into Google:

Military Gear + Affiliate Programs. Just on page one of the results yields a large amount of affiliate programs.

If you have any questions, leave it in the comment section below and I will get back to you.

Potential For Big Payouts

The burning questions I always get from people who ask me about Affiliate Marketing is “how much money could I make?” I mean, why would you want to start something that doesnt pay you right? My answer to them is always the same “It depends.”

I always say this to them. “You need to select a niche that is something you are interested in, but also has a market.” While we use straws everyday almost, and even though you may be interested in curly straws, people are not knocking each other over for them.” Now lets pick from the example above with the military gear. There are many veterans, survival enthusiasts, paintball and airsoft enthusiasts, etc who would definitely buy this type of stuff.

The potential to make money on this niche is much, much higher than curly straws. Pick your niche wisely and make sure there is a market.

Some of the big ones are health and beauty, video games, electronics, and other big ticket items. But realize the competition is stiff and will require alot of work.

Also, as a word of caution. Alot of the times i talk to people about this, it is because they are in a financial bind and need money now. There is no way I can guarantee that you will ever make any money as an affiliate marketer. Also, it will take time to start making money, in many cases 6 months to a year. It takes time to build traffic and to be trusted by your readers and to become an authority figure in your niche. Affiliate Marketing is not a get rich quick scheme. But, in time and with the right niche, you COULD have the potential to have a big payout and have a good residual income.

My Thoughts

If you are looking for an honest way to potentially make money and supplement your income, i would suggest Affiliate Marketing. There are so many different products out there and companies willing to pay you real money to get people to buy their products. The ability to work at home on your spare time is what got me to start affiliate markting.

If you want to good way to get your feet wet and start affiliate marketing, I would suggest looking into Wealthy Affiliate. This platform will get you up and running in no time and get you started on your spare time from the comfort of your home. Check out Wealthy Affiliate to see how you can get started by clickng the link below. Also, if you have any questions or content, please dont hesitate to leave it below!

–>CHECK OUT WEALTHY AFFILIATE HERE<–

Until Next Time

Gordon

4 thoughts on “Looking For Supplemental Income Ideas?

  1. megan

    Thanks for posting! I love that others have the same goals as me and want to be able to work from home. It is however the reality that we must continue working until we can make this a full time income… Keep working at it, I know its hard with a family life but you are doing great!

    Reply
    1. Gordon Post author

      Thanks for the comment! I would love nothing than to work full time from home. But, I am in a bit a conundrum as I absolutely love my current career field as well. I would have to gauge it but if the income is consistently higher than my current profession, I would definitely and strongly consider working from home!

      Reply
  2. Daniel

    Very sensible and straight forward analysis for the affiliate marketing. You have some practical advise here and glad to read through because answers some of the concerns I have I realize not every niche will produce. Time is the key can’t be emphasized enough. Thanks for the article

    Reply
    1. Gordon Post author

      I am glad this was able to help. Not all niches are the same, and when people see that you can make money in affiliate marketing, by either seeing an ad on Youtube or what have you, they think that they will gain the same level of success. Unfortunately, not everything produces an income. If you are obsessed with underwater basket weaving, thats great, but there may not be a market for it, and if there is, it may be very small. You are right, time is key. Thanks for commenting and reading!

      Reply

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