How to Make Money Online with No Money [Detailed Step-by-Step] | Summary and Q&A

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May 22, 2020
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Let's Talk Money! with Joseph Hogue, CFA
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How to Make Money Online with No Money [Detailed Step-by-Step]

TL;DR

Learn how to make money online with no investment by selling bundle deals, which offer a selection of courses, books, and memberships at a discounted price.

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Key Insights

  • 🀝 Selling bundle deals can be a profitable online income source with no initial investment.
  • πŸ‘‚ It requires thorough research and organization to create a list of products and contact sellers.
  • 🍻 Promoting the bundle to potential buyers and utilizing affiliate links can maximize sales.
  • 🀝 Offering a limited-time deal increases urgency and encourages buyers to take advantage of the discount.
  • πŸ’° As an organizer, you earn a percentage of sales and can potentially make thousands of dollars.
  • 🀲 Having a large list of products and getting others to promote the bundle can boost sales.
  • ❓ Utilizing your own distribution channels, such as a blog or YouTube channel, can further increase sales.

Transcript

you want to start making money online but just don't have the money to invest in products or all those other side hustle ideas in this video I'll reveal an online income idea you can start today with absolutely no investment in fact I'll share the actual numbers from when I tried this and made almost four thousand dollars in a single month we're ta... Read More

Questions & Answers

Q: How can I make money online with no investment?

Selling bundle deals is a great way to start making money online without any initial investment. You can earn a percentage of sales and commissions by offering discounted packages of courses, books, and memberships.

Q: How do I choose a theme for my bundle deals?

The theme of your bundle deals should align with your target audience. Consider popular topics like personal finances, investing, crafts, or any other area where you can find online products to include in your bundles.

Q: How can I contact sellers to contribute to my bundle deals?

Contact sellers through email or social media. Explain the benefits of being involved, such as increased exposure and potential sales. Highlight the number of contacts you have, which can help attract bigger creators to participate.

Q: How much money can I make from selling bundle deals?

The amount of money you can make depends on various factors, such as the number of sales, the value of your contribution, and the commission structure. With effective promotion and a well-curated bundle, it is possible to earn thousands of dollars within a month or two.

Summary & Key Takeaways

  • The video discusses a side hustle idea of selling bundle deals online, which can be done with no budget.

  • Bundle deals offer customers great discounts and allow creators to earn a percentage of sales and commissions.

  • The process involves picking a theme, creating a list of products, contacting sellers, organizing marketing, and setting rules for the bundle.

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