Specialized Knowledge: How to Make $50 (or More) Every 5 Minutes, All Day Long, By Clicking a Few Buttons (Just Like I Did at Age 17)
33 Comments: Leave a Comment or QuestionTopics: Mindset, Personal
Let me tell you something.
Do you want to know the first time I saw a balance of 1000 bucks in my PayPal account?
It was 2002... geez, a decade ago now, I was 17 years old. I was a senior in high school. I lived with my parents. And you know what I was doing to make my money?
Installing a link tracker plugin. I had programmed it, and people could buy it for 67 bucks (I think)... I would get 1/3rd of that money. Better than working at McDonald's at that age, right?
But the big bucks came in when someone bought that plugin... many people wanted "someone else" to install it.
5 Minutes = 50 Dollars
The price was $50 bucks per install. What they didn't know is it took me about 5 minutes to FTP up files, chmod files, create a database, import that database, create a cron job, edit a config file... in other words, my "specialized knowledge" was worth every penny to them even though I could do it fast.
As you can imagine, it didn't take long to fill up to 1k...
And that paid for college. I'll admit I needed help from my parents for the first year living alone, but never fully. They gave me "some" money for rent. I paid the rest of my rent, plus school, plus food, cable, internet, clothing, all that good stuff...
Why am I telling you all this?
- Because I still believe that if you're starting out, the fastest way to make money is freelancing: performing a service in exchange for pay.
- You can get paid more per hour if you do whatever it is you do FAST
- You get paid even MORE than that if you have a SPECIALIZED SKILL and differentiate yourself
What's a specialized skill? Let's think about this...
Scenario #1: WordPress Installer
How much would someone charge you to install WordPress? 10 bucks? But what if...
- You installed WordPress on their domain
- You loaded it up with a beautiful looking WordPress theme
- You customized it with all the SEO, social media, discussion, and traffic plugins they need
- You setup their blog to retweet and post to their fan page every time you made a post
- You loaded up the blog with YouTube videos, EzineArticles and PLR articles
- You contacted 25 professionals in their niche asking for guest blog content
- You brought people to the site to leave comments
- You setup their autoresponder, optin form, and popup on that blog
Now how much is that worth? 100 bucks MINIMUM... and it still takes you under an hour of work.
Scenario #2: Offline Business Setup
A few months ago I had dinner with a small business who was getting his website setup. His "coder" gave him...
- A professional design (magazine style WordPress theme)
- "About Us" and "Photos" pages (content supplied by the business owner)
- A Facebook Like button (installed a plugin)
- Business information and a Google Map to the location (installed a plugin)
- Coupon and QR code (installed a plugin)
That took even less time and the business owner was happy to pay over 1000 dollars for it. Just something to think about... but what about this?
Scenario #3: Membership Site Ninja
I know a couple of people who are the "modern day equivalent" of what I used to do. They are membership site installers. Their full-time living consists of:
- Installing WordPress
- Adding a good looking theme
- Setting up membership site software
- Add a simple sales letter with a payment button
- Setup "free" and "paid" levels
- Install a forum
- Install backup and monitoring plugins
Average price these people ask for membership site installations: $4000. For MAYBE an hour of work if you're slow and a riveting, action-packed re-run of "Mama's Family" is playing on your TV in the background?
My head is spinning right now with so many ways you can look at what freelance services other people are providing, and put your own "twist" on it. Here are some more examples...
- Article writer: in addition to writing the articles, you could submit the article to 20 article sites, AND login to their blog once per day to post the articles they hired you to write
- Copywriter: in addition to writing their sales letter, you could write and schedule the autoresponder emails, setup the thank you page offer and upsell, setup the affiliate program, and contact 20 joint venture partners
- Graphic Designer: in addition to creating someone's logo, you could create their 3D cover, affiliate banner graphics, sales letter "doodles" and minisite design
- Product Ghostwriter: in addition to writing someone's product, you could put it on Kindle and CreateSpace for them
- Resale Rights Seller: in addition to selling resale rights to your report or membership site, you could install the sales letter and download page on their site for them
And how do you get these jobs? Easy... contact anyone who sells a WordPress plugin, WordPress theme, article creation course, graphic creation course, copywriting course... get yourself listed in their product and download page.
Remember, that's how I got all my "$50 installation in 5 minutes" jobs came from... someone bought the link tracking plugin, and they had all the instructions to install it themselves, but that download page said: contact this guy if you want to pay 50 bucks to get it installed.
Quick question: What have you done, heard of, or plan to do to make more money with freelancing and done-for-you services?
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When you do that on my blog, I feel like I can't use your name when I reply to you... I feel like you're only here to get linkbacks to your site, and it messes with my search engine relevancy.
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