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Show Notes
https://www.youtube.com/watch?v=apFE7Yaluj0
In this video I want to show you how I make money online by answering questions and how this may be something you can do as well to generate passive income on the side.
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0:00 - Introduction1:30 - Inspiration for this strategy2:24 - The basic strategy2:50 - 1. Finding Unanswered Questions5:55 - How to find unanswered questions8:39 - 2. Set up a website and write articles that answer those questions10:35 - 3. Make videos to answer those questions11:59 - 4. Repeat the process12:57 - Challenges with making money online this way17:49 - Give us a thumbs up if you like this
Recommended Videos:
How I Achieved Financial Freedom at 28 With Online Passive Income
Marcus Sheridan's Video (2013)
Transcription:
Ryan 0:00in this video i want to show you how i make money online by answering questions so rather than talking about property i actually want to talk about my online media business how i make money through it simply by answering people's questions and how this is maybe something that you could do as well to generate some passive income and extra income on the side so if that's something that you're interested in listen along and i'll show you exactly how i do it and how you can do it too dave this question asking me if i'd share a bit more about my experience and my story how did i start they understand is not properly relevant but something that the audience may be interested in since you've got so much free time at home why not start an online business or content creation so i'm not going to go into my backstory in this video because i did talk about all my backstory in this long video on how i achieve financial freedom at 28 with online passive income so i'll link up to that down below or you can go to onproperty com.au forward slash 795 to see the show notes for this episode but i talked about it in detail there and you can see there how i set things up i achieved what i call pseudo financial freedom so i didn't have to work for a couple of years there because my business was earning me enough money but it wasn't a long term financial freedom that you get through property so in this video i'm going to talk about how i did that how i make money online by answering questions called they ask you answer now this idea in this concept is taken from a bunch of different sources but a massive inspiration for me is this talk by marcus sheridan which was done back in 2013 and he ran a pool company and during the financial crisis of 2008 obviously sales for his pork company went down dramatically and in order to get more exposure and get more interest in his company he took all the questions that people had ever asked about pools and he started writing blog posts on them eventually grow grew his website and pool company to be the most visited pool website in the world i think and so the ideas shared in this talk again i'll link that down below if they asked you answer is just phenomenal and kind of what i built my business off as well as a bunch of other diet ideas that i'll talk about throughout this video so the strategy behind it is really quite simple is you find on answer questions you go ahead and set up a website and you write articles to answer them you or you make videos to answer them and then you go ahead and repeat that and then you can make money from that by using affiliate links or by doing advertising on those so let's go ahead and look through that one at a time finding unanswered questions so if we go to our handy friend google i'm going to type in a bunch of questions that someone might write and we're going to see that i actually rank for a bunch of days so something that's related to onproperty is how to find positive cash flow property so we go ahead and search for that you can see that i've answered this question on property how to find positive cash flow suburbs i think this article was written years and years ago so you got onproperty as the number one result you've also got onproperty as the number two result for the 12 hot places to find positive cash flow property which was october a hit in 2013 so definitely probably needs to be updated and you can also see here a bunch of videos obviously i've covered this topic a lot and positive cash flow is kind of my specialty so you can say 1234567 of the 10 videos shown here are actually on property videos and my ones another one is i started a website on becoming carbon positive or carbon neutral and i just thought about questions this is before i really knew how to do research to find unanswered questions but basically i thought okay how long do led lights take to pay themselves off or pay for themselves you know survive replace my lights with
led lights how long are they actually going to take in reduced electricity costs in order to cover the extra costs of the led lights and you can see that if you search this search volume for that is zero but you can see that i come up first here and there's a bunch of other websites as well but if you go ahead and click on this then you can see that i've done an article where i look at you know how much the regular bytes how much the regular lights cost to run looked at the wattage looked at the cost of electricity and how much do led lights take and then compare them and then basically went through and looked at if you're only using them for hours a day how long do they take to pay off if you're using them all day every day how long do they take to pay off and it was really actually quite startling that most most of these were paid off well within a year and some of them paid for themselves within about a month i even went as far as to see how many co2 emissions can you save from using led lights so basically i had this question and i went ahead and i answered it to the best of my ability and i probably went over the top here with this and answering it for how much money this one article makes me but you can also see here that we've got some advertising on the website as well which is how i make money so that's it we're going to find out unanswered questions and that is videos in amongst themselves but one of the easiest ways to find them is if we go back to google how long did led lights take to pay for themselves then google actually suggest a bunch of questions down here how much the led lights save per month do led bulbs really save you money so these are all questions that people are asking is it cheaper to leave led lights on and then what you can do is you can read through this and you can see the answer and if it's a good answer then maybe it's not worth writing them out you can also open up the search term and see okay what if people have people actually answered this question is it cheaper to leave the led lights on so this one has answered or is it cheaper to leave a room light on but that's from chora which is kind of like forums people asking questions so generally it's not a dedicated article to that and then we've got one when to turn off your lights should you turn off your lights when you leave the room saving energy tips well you can see how much money you can save by turning off the lights what you can see here is that no one's actually written an article specifically for this question so no one's actually said is it cheaper to leave led lights on if i'm googling that and asking that i want a website to come up that has written an article detailing whether or not it's cheaper to leave led lights on when i should leave them on when i shouldn't leave them on so if i wrote an article on is it cheaper to leave led lights on i can almost guarantee you that i would probably rank definitely on the first page for this but i would probably get here this little snippet here that is shown i could almost yeah guaranteed to do that given just the minimum competition that is here and so it's about finding those sorts of questions ideally you want to find ones that says volumes zero that's not necessarily the case because if google's suggesting it then there's probably some volume of that but what you can do is also look down the bottom here at the related keywords is it better to leave led lights on benefits or turning off lights how much electricity electricity is wasted by leaving lights on so there's a lot of different questions and suggestions that google does so it's about finding a niche and it's about finding a niche that has all these questions that haven't been answered i use a tool called w ms everywhere to give me the search volume and you can see here turning off lights facts benefits or turning off lights how much electricity is wasted by leaving lights on you can see that there's about 50 searches a month these are never completely accurate but it just kind of gives you an idea of what may have search volume and what may not so if i haven't lost you
there in all the details you want to find those unanswered questions step number two is to set up a website and to write articles that actually answer those questions so as we saw i had the website carbon positive life.com this is one i started years ago and i think i only ever wrote like 15 articles on this most of these articles get hardly any traffic there's a couple on there that get a couple 100 views per month where people come to them but i started this website i wrote these articles and now this website generates some passive income for me i haven't touched it in years it's something that i would like to go back to at a later date because this sort of carbon neutral carbon positive living is something that i'm passionate about but i was able to set up this website again that could be a whole nother video in and of itself of how to actually set up the website i do i had previously used bluehost in the past to set up the hosting for my website as well as godaddy to buy the domain name so buy the.com so this is carbon positive life.