Thanks for the great post. I couldn’t agree the more with you that a lot of times people end up having to spend more time to struggle with their online business rather having quality time with their family and etc. I think you hit the nail when you mentioned that one of your goals is to ensure you adopt an approach and system that allows you to not getting stuck in the trade hour for money kind of thing.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he’s made almost $13 million since launching in 2012.
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service, refunds and so on. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. Sound like a lot of work? Sure, it is. Especially if you do it all on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
Before having my own website, I spent time reading websites, newsgroups, bulletin boards and forums about the game, and eventually started trading online. Back before search engines were any good most of my time was spent in particular Magic newsgroups, some that talked strategy, and some that were focused specifically on trading and/or buying and selling cards.