For many couples who want to start families, it’s getting increasingly harder to do so without sacrificing a lot financially. Education costs for kids are soaring and it now takes two incomes to afford a home in many big cities rather than just one 30+ years ago.
The nagging question on a lot of couple’s minds is, “Can we afford to have one person stay at home to raise the kid(s)?” An equally common question is, “Can we afford to have kids at all?” It’s kind of sad that many well-educated and well-paid couples have these thoughts. Part of the reason why I’m working so diligently on building up Financial Samurai and Yakezie.com is because my spouse or I would like to have something to do if one of us decides to one day stay at home and raise a family.
After a couple of years blogging, I know that making money online is possible. Not only that, it gives the stay-at-home spouse something exciting to do for several hours a day, in addition to raising the kids. Working from home while being able to raise a family is an enormously attractive proposition and I’m excited to present another way to do so!
A KILLER PRODUCT TO HELP GET US THERE
So many people have said you don’t make money from your blog, you make money from a product. Well, that’s not entirely true, since you clearly can make good money from advertising from your blog, especially if you are in a niche such as personal finance. That said, I do believe that having a product to sell is definitely necessary to take your online income stream one step higher. A blog + a product is a winning combination.
Steve Chou, Yakezie Beta Class Member, blogger at My Wife Quit Her Job has created a fantastic step-by-step course on How to Start a Profitable Online Store today! I’ve followed Steve’s blog for a couple years now, and what Steve and his wife have done is exactly what I and many couples want to do: have one spouse work at home to take care of the baby and create an online business that is automated and replicates one’s entire day job income!
I have always wondered how the Chou’s were able to create an on-line wedding store and make over $100,000/year after only one year, and now I know. Thanks to their new guide, Steve goes into step-by-step detail of finding your niche, setting up a legal business entity, marketing, and SEO to name a few. Some of my favorite sections were how to determine the best pricing for your products, understanding the market place, and how to create a shopping cart on your site with a great explanation of all the different options available today.
ABOUT THE COURSE: How To Make A Profitable Online Store
What you will learn:
- Why It’s Easier Than Ever To Start An Online Store
- Why There’s Very Little Monetary Risk Involved In Starting An Online Business
- Dispelling The Myths Of Business Ownership
- Why Setting Up A Website Is Easy Even If You Have No Technical Knowledge
- How The Create A Profitable Online Store Course Will Help You Run A Successful Business
- Membership to the course
- The course materials in PDF format which includes 9 modules and over 75 lessons
- Over 35 hours of recorded video instruction that guide you through the entire process
- Live webinars and telecasts where Steve will present the course materials and answer your questions in real time
- 24/7 access to all archived webinars so you can review the materials at your own pace
- Spreadsheets to determine your profit potential
- Exclusive access to member forums
- Worksheets to apply what you’ve learned
- Checklists to make sure you don’t miss any details prior to launch
- Questionnaires to you help you make the hard decisions
Bonuses Included in the How To Create A Profitable Online Store Course
- Free upgrade to the next version of the course when it comes out
- Live office hours and comprehensive email support
SUPPORT GROUP TO HELP US SUCCEED
I’m really pumped about what Steve has to offer and will be implementing his instructions over the coming year to build yet another income stream to my portfolio. Even if you don’t plan to be a stay at home parent, wouldn’t it be nice to build another solid stream of income on the side? I’ve currently got five active income streams as you read earlier and I cant wait to build one more.
Remember, action is what makes things happen, not day dreaming. Buy the product here and let’s start getting busy! I’m a proud affiliate of this product having spent the past two weeks reviewing all the material. Furthermore, Steve is a member of the Yakezie Network. I got to meet him in 2012 and again in 2013 and he’s really enhanced the offerings and resources in this course.
At the end of the day, it’s all about building multiple income streams for financial independence.
BONUS INCOME STREAM TO TRY
In June 2015, I spent 30 hours testing to see what it was like to earn money driving for Uber. I never planned on driving for Uber, but when they offered me $100 in free gas cards at a gas station to sign-up, I figured why not. I uploaded all my docs, got the sticker at the driving center, and switched on the Uber partner app to give it a go.
After 130 hours, I’ve averaged ~$36/hour. Not bad! Anybody can easily drive for 20 hours a week whenever they want to make an extra $2,000+ a month in spending money. I did most of my driving between 5am – 8am and after 8pm given I hate traffic.
If I lost all passive income, online income, and assets, I would definitely drive for Uber for 40 hours a week (~$4,800/month) and try to teach another 10 hours a week of tennis ($2,000/month) to make ends meet. Finally, new drivers can earn up to $300 in bonus income after making their 20th ride! You can sign up to be a driver today. I’d at least drive until you can get the bonus.
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About the Author: Sam began investing his own money ever since he opened a Charles Schwab brokerage account online in 1995. Sam loved investing so much that he decided to make a career out of investing by spending the next 13 years after college working at Goldman Sachs and Credit Suisse Group. During this time, Sam received his MBA from UC Berkeley with a focus on finance and real estate. He also became Series 7 and Series 63 registered. In 2012, Sam was able to retire at the age of 34 largely due to his investments that now generate roughly $150,000 a year in passive income. He spends time playing tennis, hanging out with family, consulting for leading fintech companies, and writing online to help others achieve financial freedom.
Updated for 2016 and beyond.