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May 2018 Passive Income Report

May 2018 Passive Income Report Jerad Hill

Welcome to my Passive Income report for May 2018. I am excited to report growth in May and am looking forward to June. May was a busy month personally, so I didn’t get to spend as much time on growing passive income streams as I would like, but it is nice to see that growth can still happen if I continue to produce more content that has value.

I am realizing that I need to increase the production value of my YouTube videos. The content is great, but the production value is just lazy. Other creators are stepping up their production quite a bit. People are expecting more out of the videos they watch. I need to focus more on producing an all around great video rather than just trying to get something out in a timely manner.

Traffic to my websites saw a boost in May, but I need to be more consistent with creating content there as well. Having videos transcribed has helped quite a bit with search engine ranking but a direct transcription of a video is not providing the best experience for those who land on this written content. I need to take my videos and turn them into a well-organized article with quality photography when necessary.

It’s hard to do all things well. That is why most people focus on only doing one or two things to the best of their ability. I have never been that way. I want to do all things and do them to the best of my ability, but I know that to be near impossible. I give myself eight hours each day to work and I don’t work weekends. I either need more manpower or I need to scale back in a few areas. I guess I have some thinking to do over the next few weeks.

Going into June, I have a lot on my calendar in regards to family time. We have something scheduled each weekend through the end of summer with family events and other short trips scattered throughout June and July. It is going to be hard to focus on Passive Income Growth so I will take time when I can find it to create. Summer is a prime example of why I am doing this. I will have extra income in June and July because I have done this work. Passive Income is providing more freedom for me this year than I had last year, and that was the goal. I am getting closer to replacing my families income needs and feel 100% confident that I will be able to pull that off well before the end of this year.

Later this year I will bottle up everything I learned growing my Passive Income (Side Income) from a few hundred dollars to what it is now in under a years time. People ask me about these monthly Passive Income Reports all of the time. I know there is a huge need for education on building passive income streams from someone who actually has proof they are doing it.

Make sure to subscribe to my YouTube channel to follow along as I continue to explore new ways to grow my personal income.

May 2018 Side Income Total – $4,698.92 (+17.33%)

YouTube

  • StateOfTech – $1,378.28 (+39.55%) Subscribers: 31,567 (+5.57%) Watch Time: 1,507,912 Minutes (+28.93%)
    We have released a lot of videos over the last few months and the numbers are reflecting that. We broke through the 30,000 subscriber mark as well. This is a huge milestone and has given me a fierce desire to grow this channel. I still feel that I need to narrow down the topics a bit to appeal more to a specific audience. With over 1.5 million minutes consumed each month, we should be growing at a subscriber rate greater than 5%.
  • Ditch Auto – $522.90 (+24.78%) Subscribers: 27,311 (+5.30%) Watch Time: 904,417 Minutes (+11.14%)
    I was able to get a few new videos live this month. I am looking more into affiliate programs in the photography space to grow revenues and seek out new opportunities. A video I did for a Peak Designs Camera Bag brought in over $175 in affiliate commission. Over the next few months, I am going to try to bring on a few more affiliate programs for products I believe in.
  • Jerad Hill – $57.64 (+27.72%) Subscribers: 5302 (+0.34%) Watch Time: 40,005 Minutes (+7.53%)
    I didn’t upload as much in May to this channel as I have in the previous few months, but the transcriptions of the videos I have been posting have been helping grow traffic to my blog, which has these videos embedded. My income reports have also been getting talked about a bit which has resulted in more views and subscribers. Looking forward to growing this channel as I would love to catch up to State of Tech and Ditch Auto.
  • AltCast – $0 (0%) Subscribers: 1,718 (+3.99%) Watch Time: 34,106 Minutes (+4.51%)
    AltCast is a new channel started in January 2018 with a focus on Cryptocurrency Mining. I am not sure what I want to do with this channel. I have not been doing much with Cryptocurrency Mining over the last few months other than just making sure my mining rigs continue to run. I sold off some of the hardware so I only have two rigs left. I think I am going to need to pivot and come up with another topic for this channel in order to keep moving forward with it.

Amazon Affiliate

  • Amazon Product Links – $804.83 (-4.28%)
    This last month I have been publishing a lot of informational content rather than product reviews which is where most of my Amazon revenue comes from. I need to start doing a better job representing products in my videos without the video having to be a review for an exact product.
    Want to show me some love on Amazon? Use this link the next time you go to purchase something on Amazon.

Google Adsense

  • Google Adsense links/display – $42.10 (+42.9%)
    As I mentioned last month, I have been publishing more content on the two sites I monetize with Adsense. This shows up in the numbers. Though it is only $42, that also represents a huge bump in traffic to these websites. In order for adsense revenue to almost double, traffic to the site had to almost double. I am glad to see some forward momentum after how the last several months have been.
    Sites with Adsense Integration: StateOfTech.NetDitchAuto.Com

Jerad’s Courses

  • Paid courses on Jerad.Courses – $49.00 (-50%)
    The Mining Rig Course is definitely not producing like it did for the first three months of this year. On this site alone, that course produced just over $3,300 in income. Not too bad, but I was hoping for more. I should have more aggressively marketed that course while the interest in mining was still high.

Udemy.Com

  • Paid courses on Udemy – $163.17 (+32.97%)
    Just like with my personal course site, the revenue has bottomed out here on Udemy. To date, the Mining course has brought in just over $2,300 on Udemy.

Other Income

  • Other monthly revenue streams from side work – $1,681.00 (+14.98%)
    Over the last few months, I have started to build content for a few small affiliate programs that will eventually become their own category in this income report. The affiliate programs are for products I have reviewed or produced other content for. In the next few months, I will break apart this category a bit to further explain what it is made up of.

Investments

I didn’t touch my investments this month. My stock holdings in the Robinhood app grew at a decent rate but my cryptocurrency holdings decreased a bit after last months rebound. Nobody knows where Crypto is going. I know it is not going away, but it’s hard to tell where it will go in regards to value over the following months. My plan with Crypto was to hold on to what I had (HODL) and wait for it to recover. My investment strategy is a long game here.

  • Stocks (Robinhood) – Holdings: $10,402.92 (+13.24%)
    Continuing to see good growth here. I did not put any money in this month so the improvement here is all market growth. Hopefully next month I can throw in an extra $500-$1,000 to purchase more stock. There were a few stocks that bottomed out in early May that I wish I had the extra money to buy as they saw a solid rebound in May. I need to make sure I have money set aside for opportunities I see like this.
  • Cryptocurrency – Holdings: $6,033.52 (-9.92%)
    Last month I was happy to see things rebound a bit. There was not a lot of excitement here in May. I did sell off some of the GPUs from one of my Ethereum Mining Rigs and stopped mining ZCash altogether. I am continuing to mine with 375mh/s of power going to Ethereum.
    If you want to get started investing in Cryptocurrency, I suggest joining Coinbase. You can buy and sell Bitcoin, Ethereum, Bitcoin Cash, and Litecoin currently.

May was a pretty good month. All of these revenue streams continue to grow organically. I have not partnered with anyone or attempted to collaborate with other creators yet. I feel that this is one of the next areas of growth for me. There are opportunities for growth in these partnerships. I have used my location as an excuse and I need to stop there. There are creators near me, I just need to find them and partner with the ones who make sense.

Thanks for coming along. If you have any questions, please ask them in the comments section below.

 

May 2018 Passive Income Report Jerad Hill May 2018 Passive Income Report Jerad Hill

Vlog

5 Ways to Make $1,000 By Next Week

5 Ways to Make $1,000 By Next Week

Since I started publishing my passive income statements, people have been asking me how they can get started making money online. There are a lot of ways to make money online, but if you wanted to get started fast and are ambitious enough, these 5 tips on how to make $1,000 by next week could help you out.

In this video, I outline 5 Ways to Make $1,000 by next week. I discuss different methods and tactics, so hopefully one or more will make sense for you to try.

What are your thoughts? Have an idea or something to share? Post it in the comments!

Video Transcript:

Hey it’s Jerad and I have kind of a continuation on the whole like entrepreneurial freelance topics that I’ve been kind of posting videos on lately, and that is how to make $1,000 by next week. Now, sometimes we get in a pinch where we need some extra finances, some extra money or we lose a job or something comes up unexpected and we need to earn a little bit of extra money. Now, typically when that happens we kind of get into this hustle mode where we want to do anything and do everything to try and make some extra money.

But for those who haven’t had to actually go out and try and do that on their own, perhaps maybe you’ve just had a normal job for a long time, it can be kind of daunting because you haven’t had to do this before. You typically go to work and you get handed tasks and those tasks you achieve and then you get paid at the end of the week or the next week or something like that. So, when you actually have to kind of take matters into your own hands and seek out opportunities, it becomes a little daunting. And so I wanted to give you some tips on how you could get started and potentially even earn $1,000 or more within the next week depending on how hard you feel like hustling.

1. Post Your Skills on Fiverr.com

So the first thing is something you can do from home, it’s simply going on this website called fiverr.com, which is Fiverr, F-I-V-E-R-R.com, and if you have some skills that could be put to use there, you can get paid anywhere from five dollars on up for those skills depending on what they are. So they have topics such as graphic design, writing, music and audio, fun, lifestyle, they’ve got lots of different things that are on here, social media. Things that you can do easily but probably you already have some experience in and people will pay you as little as $5 and on up depending on the experience that you have and what you’re able to bring to the table.

For example, say you have an iPhone or like a phone with a decent camera on it, you can provide services like shooting a video for them, a product video or shooting a testimonial video or an explainer video on how to do something. You can create content that they could put on their website. You can write, you can offer your services as a writer even if you’re not a professional writer but just somebody who can do a decent job at writing, and you can write things for people. Write product reviews, write content for their website, there’s lots of things that you can do. Go over to fiverr.com and check that out, I’ve got a link for you in the description below so that you can check that out.

It’s definitely a way … I mean, if you’re doing $5 a job, $5 a job, you’re going to need a lot of jobs, but some of these you can add upgrades or add-ons to this where that $5 job becomes a $30 job or something like that. If most of the jobs are averaging around $30, that’s definitely going to make the path to $1,000 much shorter.

2. Make Money with Photography

The second is photography and I talked really briefly on Fiverr, the topic of Fiverr about that but photography. Most of us have smartphones that take pretty good images and we don’t have to necessarily be a professional photographer these days to take decent photos that people can use. Now, realtors and investors and there’s all sorts of different companies that are looking for photos of properties or things that are outside that they need for either their websites to sell or whatnot, you could call your local real estate office and say hey, I’m looking to take some pictures of properties, I have time available today, are there any properties that you need photos for.

Maybe they just got off the phone with their photographer who’s two weeks out or something like that and they need photos taken right away. If you have a modern phone, you can take some pictures for them and charge them a couple hundred dollars for your time and just deliver them the photos. Most of the realtors are taking photos on their smart phones but aren’t really that good at it, you can practice a little bit taking photos of your own home or your own property and go out and offer this for them. If you have a camera that’s better than an iPhone or something like that, like a DSLR camera, you’re even one step closer to making that $1,000 because the better the equipment that you have, you could probably charge a little bit more. Because, if you say, I’m going to use my cell phone to take pictures but don’t worry I take good pictures, here are some examples, you’re not going to get to charge as much as somebody who has a professional DSLR. So you’ll have to price yourself somewhere in there reasonably.

You can offer $50, tell the realtors look, I’ll go out and I’ll shoot photos of the home for you for $50 and if you don’t like them, then you don’t have to pay me, but if you do like them, I’d sure love to shoot more properties for you over the next week. And that can add up really quick and you can even say the next one I want to charge $80 or $100 to go and get photos. And there are YouTube videos talking about how to shoot real estate photography. You can pretty much figure out how to shoot anything as far as photography goes by watching a couple of YouTube videos. So don’t be afraid to kind of put yourself out there and think about the different ways that you can be shooting photos, maybe product photos. You can call a local business such as like a consignment store or a thrift store and say hey, I’d love to come in and take a lot of photos of the stuff that you offer for sale and help you get them up on your Facebook page.

There are so many ways that you can use photography even if all you have as a smartphone so that you can get paid and help these companies, these businesses around the area get more exposure for their stuff. A lot of these people, these business owners just don’t think about it, they don’t think that they can afford it or whatnot. But because you’re trying to kind of get in at a lower price and kind of get started, you can offer them something that’s affordable to them.

3. Do Work for Family and Friends

Number three is probably the best option here, which is to ask family and friends. You never know what somebody has a need for and a lot of times people only associate what they know about you as something that you can do. So say, for example, you are a teacher and it’s the summertime and you want to earn a little bit extra money during the summer, most people just think of you as a teacher. They don’t think that maybe how to take decent photos with your smartphone so you can take photos for them or maybe there’s some other thing that how to do. Maybe you’re good at woodworking or you’re a little bit younger and you have some good labor left in you, and you can go and do some work on yard for them.

There’s a lot of things that you can do that most people might not know that you’re capable of doing and they aren’t going to know unless you ask them or you tell them. You can ask your friends, family, neighbors, co-workers, other people that are around, post it to social media and ask and say hey, does anybody have any projects that they need help with. Do you need work done on this or that or whatnot and see what people have to say, and then you could say hey, I can help with that. Most people aren’t going to have enough work for you to like pay you 40 hours a week and that’s okay. If they have five hours of work for you or even just two hours of work for you, and they pay you 20 or $30 an hour because it’s short-term work, which means you can typically get paid more hourly for that because it’s a short-term project. And you can price per project not the hourly.

So, if you say, that’s going to take about two hours, why don’t you pay me 50 bucks. That’s $25 an hour and if somebody that becomes valuable to them, it would have taken them many more hours to do it themselves or to do it by themselves, it’s going to be worth at 50 bucks. Think about pricing based on the project that they have not necessarily on hourly. Because if minimum wages in your area is say like $10 or $12 or $13 an hour, and you say well, just pay me minimum wage, you’re going to be working pretty hard for a short period of time. So think about charging based on the project or whatever the job is, not based on the amount of time. Of course, the time and everything in the project is part of that but think about saying like I’ll do that for $50 instead of saying, that’s $2 or that’s 2 hours and say $15 an hour that’s 30 bucks, you just made $20 extra by making it a project fee instead.

4. Find jobs on Craigslist or Facebook

Number four is answering and doing odd jobs found on like classifieds or Craigslist. There’s a whole section on Craigslist where people post needs for certain jobs. I’ve read into a lot of them and some of them are kind of weird but you can definitely find something interesting too there. There are companies that need people to sit in on focus groups and stuff like that, there’s lots of opportunities for things there that you could find on Craigslist or perhaps in the classified section of your local newspaper.

People post short-term jobs, I remember this was huge when I was younger. When I was a teenager, I would look in the classifieds for any jobs that somebody might have there temporary and that’s how I ended up starting to go and mow yards and do yard work for people when I was 12 years old. I was going all over the neighborhoods with the lawn mower, pushing it up and down the street mowing lawns and all that stuff making money as a 12-year-old, and it’s definitely something that you can do as an adult to make some extra money especially if you already have the equipment. But of course be careful because who knows what people are posting, you want to make sure you don’t get yourself into a dangerous situation. Make sure to kind of vet whatever job that is before you just randomly show up by yourself. You want to be safe.

5. Drive for Uber, Lyft, or DoorDash

Number five is to do Uber or Lyft. A lot of people have been doing this in making extra money and there’s a lot of conflicting information out there as to whether people are actually making money doing this or if they’re actually just wearing out their vehicle, and in making money in the moment but their vehicle’s going to wear out sooner. I think that it really depends on where you’re located. If you live in a small town and you’re going to Uber and Lyft around there, you might not make much money because people aren’t traveling too far, they’re maybe just going to and from work. It’s not a very busy area so the rate in which you’re getting paid for your time is not very high.

But if you live near a bigger town or city where there is a airport and there’s bigger companies there, for example, I live in the Central Valley, California and San Francisco is about an hour and a half away, San Jose about the same. If you go into one of those areas, you can earn a lot more and get a lot more rides and that makes it worth it. The area is smaller but it’s busier, which means not nearly as much wear and tear on your vehicle as maybe being in a smaller town where your rides are longer. You’re going to get a lot more rides in a shorter period of time and then of course those airport rides and some of those rides that may end up taking them from one bigger city to another bigger city is going to result in a bigger pay for the right as well.

Of course there’s a little bit of time involved in getting approved and all that stuff but those are things you can almost get done in the matter of a day or two if you’re very vigilant. And going down and getting your vehicle inspected, signing up through the Uber or Lyft app or even both and going down and getting that taken care of. I know that there’s typically like a $30 or so fee for getting your vehicle inspected but I know from the experience of people that are really close to me, that you can go and make 4 or $500 in a day if you live near a big area and are okay with driving non-stop for pretty much eight hours in a day. But that’s a way to make money and they’ll pay you out next to the same day and you can get paid really quickly. Yeah, it’s some wear and tear on your vehicle but if you put away a little bit of that every time you go out and drive, you’re going to have money there for repairs or upgrades to your vehicle later on as you need.

So that’s five ways that you can make a thousand dollars by next week. When you get in a pinch, definitely don’t sit on your hands, be proactive, do something about it and you’ll have the opportunity to go and make a little bit of side income. You might find something that you actually enjoy doing and can do over the long haul and that would start to alleviate the stress of putting all of your financial burdens on one job. Spreading that out across a couple of jobs sometimes makes it easier and makes those financial goals of yours more attainable.

Let me know what you think down in the comment section below. Are these valid, have you tried some of these, what are your tips if you have maybe that other people can learn from. Share that down in the comment section below, I’d love to hear those and also see what everybody else is doing out there to earn extra money. That’s going to do it for this video so make sure to click that subscribe button and the little bell next to it if you want to be notified when I put out new videos. Thanks again and I hope to see you back soon.

Vlog

Five Different Ways to Recognize An Opportunity

how to recognize an opportunity

You might often hear people say that there are opportunities all around us. It’s actually true, but it’s hard to figure out what they are and whether or not they are worth chasing. As an entrepreneur, I have to pay attention to whats going on around me in order to recognize these opportunities. I then have to decide whether or not it is worth working on or passing up.

In this video, I discuss five ways you can recognize opportunities that could become your next business idea.

What is an opportunity you saw and jumped on, or perhaps missed? Share it in the comment section.

Video Transcript:

Hey, what’s up. It’s Jerad with another Thursday thoughts video, and I have five different ways to recognize an opportunity. Now, I started working for myself full-time at age 20. Before that, about three years before that, is when I started really trying business things that were outside of just simple things I could do as a team, like mow lawns, or deliver newspapers, or something like that. I had jobs and my first actual managerial job was when I was 16 years old. I wasn’t even old enough to have a manager’s position, but they gave me one anyway.

By the time that I was 18, I really was thinking about how I could start doing something of my own, because I don’t know if it was my personality or what not, but I just at that time didn’t like being told that things needed to be a certain way unless I agreed with that way that they should be done. A lot of times you get told to do things a certain way and you know that that way is the wrong way or the slow way. You want to do it your way. If you’re like me, the only way to get to do it your own way is to branch out and do it your own way.

Over the years I’ve had to recognize opportunities quite often, because if I just continued to do the same thing forever, I’m going to get ran over by everybody else who recognized the opportunities and the changes that were taking place. Over the year, now I’m 38, so I’ve been full-time entrepreneur working for myself, freelancer, whatever you want to call it for over 18 years now, and a lot of times I’ve had to look for opportunities and recognize them so that I could either add more value to what it is that I’m currently offering, or maybe even pivot to something that’s more beneficial to me so that I can avoid a slow down.

For example, there’s been a few major changes in our economy over the years, so I’ve had to recognize opportunities and jump on them when the time is right so that I can continue to not be so affected by different dips and changes in the economy, which thankfully I’ve been pretty consistent. I’ve had some dips of my own, of course, but as long as I’m paying attention to opportunities, I’m able to react and keep afloat during times when other people are being affected big time during economy changes.

Here’s five things that you should pay attention to, to recognize different opportunities when they come about.

1. When Someone Tells You No!

The first one is huge. It’s when someone tells you no. Maybe you’re super excited about something. You have this idea or this thought, and you present it, and you get told no. It’s such a good idea and you’re just sold on it, but then you get told no. It’s such a discouraging thing because you got told no. You did all your homework, you really felt that you were on to something, but somebody didn’t recognize what you saw, and so they told you no.

That’s a real pivot moment in your life when you can take that situation and say, “Okay. I see the value in this. That person said, ‘No.’ I was trying to give them this knowledge, this information, this way of doing things, and now I’m just going to take it and do it myself.” I mean, that’s a fantastic opportunity right there if you can recognize what it is that’s happening in that moment. Instead of being mad, instead of going and being like, “Oh, they didn’t recognize my work,” or, “I’m not appreciated,” or whatever. Forget all that. Forget them, forget what they didn’t see in you. Take that and make it something.

I’ve done that several times. I think when you get told no, a lot of times it is an opportunity for you to branch out. Not everybody can see the bigger picture. Not everybody is open to outside of the box thinking like you are. So, when you get told no, look at that as a potential opportunity to take advantage of.

2. When Someone Says “That Won’t Work.”

The second one, is someone telling you that that won’t work. Sometimes that goes in with what I said number one is, which is being told no. Sometimes people will say, “That doesn’t work,” or, “That would never work,” or what not. There’s been a lot of situations where I’ve been told, “Oh, I don’t know if that’s going to work.” I go ahead and do it, and sure enough, it does work and I end up earning an income off of it, or it ends up being another thing that I can add as a service. I get told that that won’t work so often that it’s funny.

I remember when social media was first taking off. The church I go to, I was telling the pastors, “Look, you need to be on social media because that’s where everybody that goes to church is. That’s where everybody that doesn’t go to church but you want them to go to church is. That’s where all of your kids are that are students in high school and what not. They’re on social media.” I got told no, like pastors, “No, we can’t be on there. That’s too risky,” or whatever. Blah, blah, blah. Now, social media is used for everybody and, of course, every church and every pastor and whatever is on it.

You can take that not just for in the church, but I wanted to use an extreme example that I was getting told, “No, that won’t work. Why would pastors want to be on social media,” this and that. “Our kids and our people shouldn’t even be on social media.” They had too narrow of a thinking and they didn’t think that social media was going to become what it was. You can take somebody telling you that something won’t work as an opportunity to turn it into something, to make it an article, to make it a video, to make it a business. I mean, if you know something’s going to be a certain way and other people are telling you that it’s not, but you see the future and they can’t see past whatever’s in front of them, that’s an opportunity for you. It happens every single day when you bring something to somebody. There’s always a chance that they’ll either accept it or they won’t. If you think it’s a good enough idea, you can move forward with it.

3. You Spent Time Researching Something

The third, is that you spend time researching something. That time either didn’t end up getting used, that research didn’t end up getting used, somebody didn’t want that research, it ended up not being a part of the final product or whatever. There’s a lot of times that we spend time researching or looking into something and then we feel like we ended up wasting our time. Maybe we were told that we needed to research this heavily and then it didn’t end up getting used in any way. That’s information that you’ve acquired now, and you can take that and maybe there’s an opportunity in it, in that information.

You may have researched something and now you can turn that into a white paper that you could share with people that’s going to inform them on a specific topic, or maybe it’s information that you can package together in an ebook. There’s a lot of times that we end up researching something and then just letting that research go, or maybe we don’t even think we’re researching. We’re scrolling the internet just going down a rabbit hole, per say, and you’ve accumulated information about something. If you don’t do something with that information, you might have lost it.

There are times we go down these rabbit holes and the information just leads us to a dead end and you just leave it at that. But there are a lot of times you find something interesting in that and you continue to go down that and head towards it. It might not be applicable to your job, or it might not be applicable to other things in your life, but there may by an opportunity there. It doesn’t hurt to look into that a little bit further and see if there’s an opportunity there for you to do something with that. There’s always opportunities, you just have to go and look.

There’s a video I did on finding video or blog ideas. There’s three tools that I talked about there, so if you go and check out that video and article, I’ll post it in the comment section … I’ll post it in the description below. Check that out because you can use those tools to also validate research ideas and stuff like that.

4. You are Continuously Asked About Something

Number four is somebody asks you about something or maybe even repetitiously. I recognized and opportunity when I started getting into cryptocurrency mining. I put it out there on social media to my friends and family that I was messing around with cryptocurrency mining. I had people coming out of the wood works asking me questions about it. Because that doesn’t happen that often, that people just randomly are contacting me even people that I hadn’t talked to in five or six or more years, I saw an opportunity there, the fact that people are really wanting to know about this.I saw that opportunity as a way to teach them about it. I produced a course on how to build a mining rig, a mining computer, and that course has made me a couple thousand dollars over the period of two months.

If it wasn’t for recognizing that opportunity because people were asking me questions, I would have never thought to come up with that course. When people ask you about something or maybe even more than a few people ask you about stuff, people are coming out of the wood works to ask you questions about something, that’s an opportunity to do more than just answer their question, but come out with something whether it be an article, or a video, or a course, or maybe a whole business to solve that.

5. People Are Complaining About Something

Number five is people are complaining about something. The number one way that new products and services are developed is to solve a problem. I mean, problems are being solved every day. I mean, Apple felt like the iPad was solving a problem, that the iPhone was solving a problem. This mouse that I use has specific buttons and a configuration on it to solve a problem, which is like navigating your desktop in a better way. There are new things coming out all the time to solve problems.

What’s a problem that you’re constantly having? How can you turn that into something? Or maybe there’s a problem that you’re always helping other people with. How could you turn that into a product, or a service, or an article, or a video, or something like that to where you’re adding value to where you’re fixing that for them? The whole reason that our economy exists is because there are problems and there are solutions.

A lot of times there are solutions that can be made to problems that people don’t realize they have. I mean, did we all sit around and realize that we wanted an iPhone and so Apple made one? No. They saw an opportunity. They saw a need that they could make us have, in a sense. We didn’t need smartphones, I guess, but they came out with smartphones. They gave enough value and added enough cool things to them and now all of us have one.

You don’t even necessarily have to wait around for people to complain about something, you just have to see an opportunity to add value. But when people are complaining about something, maybe something is a constant problem, that’s an opportunity for you to say, “Okay. Well, how can I fix that or how can I package this together as a fix and sell it to people or make it available?” It’s definitely an opportunity that arises all the time in many different facets of your life. Maybe not just work, but with your kids, or with your family, or with the hobby that you’re involved in, or something like that.

There are lots of opportunities there to be had all the time. That’s one of the reasons that that Shark Tank show exists. People are coming to the sharks with solutions to problems and they want money so that they can expand this and sell more of their solution to somebody’s problem. That’s how the beginning of pretty much every pitch starts out.

That’s going to do it for this Thursday Thoughts video. I hope that you’re enjoying them each Thursday. I’m launching videos on different topics with thoughts and solutions, so I hope that you’re enjoying them. Click on that subscribe button here so that you can be subscribed to my channel and I’ll show up in your feed. If you want to be notified when I put out new videos, click the little bell next to it. Once again, the link with the additional stuff is in the description below, so you can click on that link and get all the resources I talked about.

If you have any thoughts or anything that you’d like to add, the comment section down below is a great place for us to communicate. For us to talk about opportunities, and share them, and work on them together down in the comment section. Let’s do that. Until next time. I hope that you’re having a great day and I hope to see you back here soon. Thanks a lot.

Vlog

Five Home Business Ideas You Can Start Today

Five Home Business Ideas You Can Start Today

I worked from home for many years. For over six years, I worked from home growing a couple of businesses. Working from home allowed me the freedom to have a flexible work schedule. I kind of miss it. These home-based business ideas take up a small amount of space and could easily be run from a spare bedroom or even your kitchen table.

Bluehost WordPress Hosting: http://bit.ly/jeradbluehost
Getting started with WordPress: https://jerad.courses/p/getting-started-with-wordpress-a-beginners-guide
How to start a WordPress Blog: https://jerad.courses/p/4-steps-to-starting-a-wordpress-blog-website
Learn Manual Photography: https://jerad.courses/p/ditch-auto-start-shooting-in-manual
Commission Junction: http://cj.com

Vlog

Five Tips for New Entrepreneurs

Five Tips for New Entrepreneurs

Starting a new business is tough, scary, and kind of lonely. It takes a lot of work to turn an idea into something that makes you money. Many new business owners or entrepreneurs think that simply starting something is enough. It really takes networking and exposure of all types to get a product or service known well enough to start making money from it. Over the years I have tried many different methods in an attempt to grow my business. In this video, I discuss what has worked for me as I have grown my business over the years by sharing my top five tips for new entrepreneurs.

If you have any thoughts or tips you would like to share, please post them in the comments section below.

Business Networking Organizations:
Local Chamber of Commerce
BNI (Business Network International)
Local Rotary Clubs

Vlog

How Freelancing Changed My Life

How Freelancing Changed My Life

Before I even knew what Freelancing was, I was freelancing. I have always worked on the side. I wanted to build something of my own. Freelancing meant being able to set my own hours. It meant doing work that I wanted to do. That was the life I wanted. When I started freelancing full time, my goal was to have more freedom in my life. Though that has not always meant working fewer hours, it has led to having something that is mine which has resulted in the freedom to choose.

In this video, I talk about how Freelancing changed my life and what it has led to.

Vlog

10 Passive Income Ideas I Made Work and How You Can Make Them Work for You!

28:14 10 Passive Income Ideas I Made Work and How You Can Make Them Work for You!

Through my desire to find freedom in my life I have worked on projects that produced passive income. Passive Income is important because without some sort of passive income you are constantly trading hours for money. If you find yourself unable to sustain those hours, you take a pay cut. I have come to understand that life is not going to get any cheaper. Traditionally that would only leave me one choice, work harder. The problem is that I don’t want to have to work harder and harder until I get old. I want some freedom in my life to enjoy life as I live it. This requires passive income.

In the following video, I discuss 10 Passive Income Ideas I Made Work for Me and How You Can Make Them Work for You!

Blog

Focusing On The Small Wins

Focusing On The Small Wins

Everybody wants to get rich and it has to happen today. If you look at social media, people are either living the good life or in shambles. There doesn’t seem to be an in-between these days. Though 2017 has been a tough year for me both physically and emotionally, I am choosing to focus on the small wins.

I love discussing life and it’s various pursuits with people. I have met a lot of driven people in my life. I have also met a lot of people who are obviously stuck in a rut. How do I know they are stuck in a rut? I only recognize a rut because I have been stuck in too many to count.

One bit of advice I have received over and over again is to focus on one thing that I am good at and give it 100% of my effort. To me, that would mean choosing one thing and focus on doing that better than anyone else. While that seems like simple advice to follow, it has not been that easy for me. You see, I have a problem with sitting still. I don’t have the ability to focus on just one thing. I have tried. It just doesn’t work for me. My brain is not wired in that way, and yes I know that you can rewire your brain. I just don’t know if I really want to in that way.

I have often measured my success by the big tangible wins. The first year I marketed myself as a wedding photographer I booked 32 weddings. That was a big tangible win. In 2008 I started a website reviewing smartphone apps and technology. That website quickly became a huge win that lasted for several years. It’s easy to see those wins because they are big and they change your life for the time being.

What I have ignored is the small wins and today that changes. The small wins are what I believe really define us. The small wins are what give us daily contentment. Looking back on this year, I realize that all I have had is small wins. There were no big wins this year. There really haven’t been any big wins for a few years, and I notice that in my emotional health.

While big wins are great, they take a lot of time and hard work. There is nothing wrong with big wins, but big wins can be lonely. On the way to a big win is a lot of doubt. The path to a big win is a tough path that you often do alone. Few people understand that path and can relate to it.

I have been at it long enough to know what it takes to make a big win happen, the problem is that I am not willing to sacrifice everything in order to get to the next big win. I am at a point where in order to make a big win happen I would have to subtract a lot from something else. I am completely fine with that. I don’t need another big win to define myself by. I watch people chase big wins every day and most of them never reach them. They jump between big win opportunities never giving them the time to become anything.

I have a couple of projects that I am working on that could be big wins if I stopped everything and focused on one of them. The problem is that I don’t really want to stop everything and focus on one single thing. While I might be able to see a huge growth in success in one of those things if it was my only focus, I don’t want to let go of the other things. I enjoy these projects and I want to continue on them. I also enjoy my business and do not want to sacrifice that for short-term success in one of these projects.

I have a long game but I am also focusing on my short game. You can’t ignore one or the other. You need to focus on the future and what that is going to look like but you have to make time for the small wins and celebrate them. You can’t jump from opportunity to opportunity, you have to invest time and effort to see a return.

If you are young, it is much easier to focus on the big wins that come with the investment of time and effort. In some areas, I have succeeded in this way. In others, I have fallen short. I have always invested in learning and exploring. That has never led me astray.

For now, I am going to be better about acknowledging the small wins and celebrating them. Small wins add up to a big win over time. I didn’t give some of the small wins of this year the appreciation they deserved. I don’t see any big wins happening in 2018, but you never know when something small shows opportunity to become something big.

What were some of your small wins this year? I’d love to hear about them in the comments section below.

Blog Income

My September 2017 Side Income Report

September 2017 Side Income Report

I have certainly let time get away from me this year. I mean, I meet all of my deadlines and don’t miss anything at work, but the goals I make for myself often get put off. My goal of reporting my monthly side income finances is one of those goals that quickly got put on the back burner.

I know we are supposed to be talking about September but October was a crazy month for me. I had two jobs out of state which took up just about two full weeks of the month. Both jobs were on the east coast. I felt it in my productivity and my ability to create content that would assist in my goal of increasing my side income.

With that said, a few things took place in September that was notable.

Toward the end of the month, I hired someone to assist with editing video. This part-time position was created to help us catch up on all of the video content we had filmed but had not yet edited. We had about 30 or so videos in the backlog. I will talk more about the progress here in Octobers post.

I am approaching some major milestones on Youtube. From here on out I will include subscriber counts to the YouTube channels and the increasing percentage as well. Though this report is about income and income is usually referred to in dollars, I also will be paying attention to reach. At this phase, I would prefer an increase in reach over income.

September 2017 side income total – $2446.50 (-17.56%)

YouTube

  • StateOfTech – $909.62 (+17.42%) Subscribers: 19314 (+5%)
    This YouTube channel is part mobile technology review videos and part tech tutorial videos.
  • Ditch Auto – $349.52 (+1.77%) Subscribers: 17227 (+6.04)
    This YouTube channel is similar to StateOfTech but for Photography. The videos that perform well are reviews and tutorials.
  • Jerad Hill – $32.62 (-2.51%) Subscribers: 4569 (+0.41%)
    This is my personal channel which I do not post too often. I do plan to do a lot more on my personal channel in the near future. I am just trying to decide what I want my focus to be there.

Amazon Affiliate

  • Amazon Product Links – $527.77 (-47.31%)
    With August being back to school, it makes sense that these numbers would be higher. The majority of the product links I have out there are for technology and camera equipment. We have not put out much content that includes product links so I don’t expect much growth here until Christmas shopping begins.

Google Adsense

  • Google Adsense links/display – $108.97 (-7.41%)
    I cut some of the fat on a couple of my websites which will initially produce a decrease in traffic. I deleted a lot of content that I did not feel was relevant anymore. Many of these pages would generate a click or two here and there from organic search, but I deleted it all so that the search engines could focus on crawling quality content.

Udemy.Com

  • Paid courses on Udemy – $0 (-100%)
    I only have one paid course currently and that course is getting old. It needs to be refreshed. I have plans later this month to get new courses out that will be paid and to revise a couple of my existing courses to drive some return traffic to my instructor page.

Other Income

  • Other monthly revenue streams from side work – $518 (-23.28%)
    I turned off a couple of sources of this other income that I did not plan to maintain any longer. These sources really only brought in $20-75 per source and took an average of 3 hours per source. Not a good return on invested time, so they are gone.

I like the color red on a car, not on income statements. I have not looked at the numbers for October yet but I am sure they won’t look much better. Unfortunately, I just have not had the time to spend on much. Unless I cut back somewhere, there is no room left for growth. This is why I have started removing some of the items that consumed a small bit of my time. Removing, even more, will allow for more time on my side projects.

October is going to tell a similar story as to September. I battled with not posting September or October at all, but that would not paint a very fair picture of reality. The reality is that sometimes I start things and don’t have the time I thought I would have. I often get into trouble in this way. I am learning that it has to do with some fear that I carry that stems from a need for security. It’s not completely unhealthy, but there have been times I have missed opportunities because I chose security over risk.

One last thing of note: Both of my brothers have now entered the realms of the self-employed. My middle brother bought a truck and started his own mobile diesel repair business. My youngest brother was doing some sales for a solar company and saw a need for solar panel cleaning. One of them is full-time self-employed and the other is on his way there. Pretty cool if you ask me.

Stay tuned for October’s numbers. I know I didn’t provide much hype, but I will be posting them soon.

Thanks for reading. If you want to connect, shoot me an email or contact me through social media. I enjoy connecting with others on Instagram, Facebook, and Twitter.

Check out August 2017 financials.