
Below you will find many different types of programs, from extra cash generation opportunities to full online business startups. Cash Buddha has reviewed and ranked these opportunities and provides you with everything you need to become successful creating your own income streams. We have added information that might be missing from the programs themselves, included complete estimated start-up costs, and provided additional resources for you, so you won’t be taken by surprise at any point along the way.
Please keep in mind that the opportunities below are NOT “get rich quick” schemes, nor do they promise to make you millions with no work. They are legitimate, useful opportunities that anyone with the desire and follow-through can make money with. It is strongly recommended that you create more than one income stream if your goal is to generate enough income to break away from a 9-to-5 job. Two income streams can get you out of the rat race. Three may very well change your life!
Bookmark this page and check back periodically for additional opportunities and information. We will constantly be reviewing opportunities and updating our recommendations.
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The short description of an affiliate program is that companies will pay a lot of money to have you send people to their online business. They may pay per click, or pay per order. It’s cheaper for these companies to pay you to send traffic their way than to pay for additional advertisement themselves. The focus for an affiliate site owner is getting customers to the partners’ sites, so advertising is a big part of creating a really successful affiliate site. For that reason, each affiliate opportunity comes with tons of information on how to successfully advertise online, and we have tons of information in the Resources section to help you as well.
Some of the opportunities in this category are complete “turnkey” packages, and often a bit heavy on the “marketing” feel. However, most online businesses have some sort of affiliate program, and with the information provided in just one of these turnkey packages, the world of affiliate site programs will be laid open to you to become as creative (and as wealthy) as you desire to be!
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Short Description: As affiliate programs go, this one is about as simple as it gets. The author of this program has not only put together a majority of the information you need (if you can sit still to read through 10 web pages), she opens the door to the whole world of affiliate site promotion. The program is a total package, but more importantly, it is a jumping off point to much greater things if you have the slightest bit of imagination. Unfortunately, the site, its partners and their partners seem a bit over-the-top on the marketing. Don’t believe everything you read – it’s a very cleverly designed and marketed business – but do use this opportunity for what it’s good for, which is to get you started in the online affiliate world.
How it works: Once you purchase this program, you will read through all the information about the program, which includes just about everything you need to get started. Not only will you be given the instructions and tools to “set up shop”, you will also be offered a fully developed website for $69.95, which includes the hosting. You will not own the site or the url domain registration, but you will receive the affiliate fee for all traffic you send to the site. If you choose to go with one (or both) of their websites, your affiliate site can be up and serving customers within just a few days.
What they don’t tell you: This program leaves out a few technical details. If you choose to set up your own website (which you can do without knowing how to program – see the Resources section), you will likely incur additional costs. In addition, you will have costs for marketing your site through search engines, although we have provided some resources and ideas that you can employ to minimize or even turn those costs into a profit making venture in and of itself. We also suspect that all the “supporting” sites are owned by the same person, and while we find that slightly annoying, we have to give them credit for creativity, and we don’t feel it detracts from the potential of the program.
Total Startup cost: under $150
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| Start-up Cost Breakdown |
| 6-Figures program |
$ 69.97 |
| Pre-packaged site |
$ 69.95 |
| Total |
$ 139.92 | |
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Our rating: We have given this program a 4 out of 5 stars rating because it provides a surprisingly complete package, and has a substantial return on investment potential for the cost. We took away a star because the sales site feels a bit gimmicky, and we are put off by poor spelling. |
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Short Description: This is a very cool little program that allows you to connect up to the Ebay database, and then display all the items in the category of your choice in your own little “niche” store website. You drive traffic to your site, people see something they like and buy it from the seller on Ebay, Ebay pays you an affiliate fee which is a percentage of their auction fees.
How it works: This is an actual software program, that helps you create your site using pre-designed templates, connects you directly to the Ebay database, and gives you a handy administrator tool by which you can edit the way the site displays, how it’s laid out, etc. It does NOT include site hosting or a domain name for your site. They have a “recommended vendor” for those things with which they undoubtedly have an affiliate partnership, but in our opinion their vendor is not necessarily the best option out there for site hosting or domain registry.
What they don’t tell you: You will never make a living from this program. In fact, the marketing alone will probably cost you well more than you could ever make from Ebay. Ebay’s fees are really quite low – 2-3% of each sale. So unless you are marketing large ticket items like cars, each sale that comes through your site will only make you pocket change. On the other hand, if you do focus on the larger items, and you are willing to spend some time and money generating traffic for it, you could certainly supplement your income. In any case, it’s very gratifying to be able to make your own purchases through Ebay and get an affiliate fee for doing so…
Total Startup cost: Under $200
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| Start-up Cost Breakdown |
| BANS Program |
$ 97.00 |
| Site Hosting ($7 per month) |
$ 84.00 |
| Domain Registration (per year) |
$ 10.00 |
| Total |
$ 191.00 | |
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Our rating: Despite the “cool” factor of being able to set up your own Ebay portal, we are only willing to give this one 2 stars out of 5 due to the low return on investment potential for most people. For retired persons, this could represent a fine supplemental income stream. |
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These are the more traditional business opportunities that you might think about when you hear the term “online business”. These are ways to set yourself up with an online store, or website that is selling something. Also in this grouping are resources for everything from coming up with a business concept and getting your site built, to buying products wholesale and learning how to market your site to customers.
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Short Description: This site is a legitimate source for all sorts of wholesale, drop-ship and liquidation wholesale items. Their customers’ success is their success, so they provide video tutorials, market analysis tools, and support for every part of the purchasing process. Unlike some other wholesale sites, you sign up as a distributor right on this site. It’s fully networked and integrated with the wholesale companies. This site provides a lot of Ebay stores with their inventory, but would work just as well for a traditional retail website. Drop-ship wholesalers mean that you need not store or ship any of your own inventory, should you choose not to.
How it works: You purchase a lifetime membership to access the list of wholesalers that WorldWide Brands has already created relationships with. You search the categories and choose your products using the marketing tools they provide with the membership to tell you what’s in demand, what competitive conditions are, and what wholesalers are supplying the products, then you create an account with the wholesalers of your choice, and purchase your products directly from the wholesalers.
What they don’t tell you: It’s pretty much all here. The one thing they stress is to “keep an open mind.” What that actually means is, many of the common ideas for products are not actually the most marketable. Their tool will help you determine that, but you may end up with a product category that you have little or no previous knowledge of as the best option for your online business. They make mention of this phenomenon, but until you actually start working through the product categories, it may not sink in.
Total Startup cost: We estimate startup cost to be around $1000, which does not include any inventory purchase. If you start out with drop-ship vendors, your initial inventory costs should be negligible.
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| Start-up Cost Breakdown |
| Worldwide Brands membership |
$ 250.00 |
| Product Inventory |
variable |
| Website creation* |
$ 600.00 |
| Domain registry and site hosting (per year) |
$ 94.00 |
| Total |
$ 994.00 | *website creation cost based on average bids for a small website from service providers at elance.com. For more information about elance.com, see our Resources section. |
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Our rating: We review this site at 4 stars. The only reason we’re not giving it 5 stars is because the tool they have for picking the best products to market would be much easier to use if you could simply search by the “easy/hard” indicator, rather than having to see the rating of each product individually. It takes a fair bit of time to research and find your optimum product, despite the tool. |
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Short Description: Another wholesaler/drop-shipper site, SaleHOO has beefed its offering recently by adding a beta “market analytics” tool.
What they don’t tell you: SaleHoo simply provides you with a list of many wholesale companies that you then can connect directly with. In essence, it is simply a directory that they maintain. However, for the price, it is an excellent resource with a large wholesale directory.
Total Startup cost: We estimate startup cost to be under $1000, not including the first inventory purchase.
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| Start-up Cost Breakdown |
| SaleHoo membership |
$ 67.00 |
| Product Inventory |
variable |
| Website creation* |
$ 600.00 |
| Domain registry and site hosting (per year) |
$ 94.00 |
| Total |
$ 761.00 |
*website creation cost based on average bids for a small website from service providers at elance.com. For more information about elance.com, see our Resources section. |
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Our rating: We also rated this site at 4 out of 5 stars because the quality of the wholesalers seems good. We are a bit concerned, however, that SaleHOO might not be totally on top of maintaining their wholesaler database, as we ran into at least one wholesaler site that was no longer registered, and another that seemed perhaps to no longer have a partnership with SaleHOO. |
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Short Description: Ebay has set up a very easy to use, complete system to get you up and running with a web-presence with the backing of their considerable marketing clout. You don’t have to build a website, you don’t have to be technically-minded. All you need to do is follow instructions, think of a good name for your store, and implement their program. Obviously, you will need to have products to market, which our wholesale reviews above can help you with. This is a great opportunity for anyone who would like to start a web business but don’t have the first clue where to start. You may not make millions with an Ebay store, but it has quite good potential.
What they don’t tell you: Ebay is quite thorough with tutorials, information, support and marketing tools. We have not found any gaps in their program.
Total Startup cost: There are three levels of store with Ebay: Basic, Premium and Anchor. Basic and Premium stores currently have a free first month promotion, so the total startup cost for an Ebay store at those levels is essentially the cost of your inventory.
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| Start-up Cost Breakdown |
| Basic Store (per month) |
$ 15.95 |
| Premium Store (per month) |
$ 49.95 |
| Anchor Store (per month) |
$ 299.95 | |
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Our rating: For this first-time internet store owner, this option strikes us as a brilliant start. Having the power of Ebay marketing behind any store is an enormous bonus, and the program is well put together, so we have rated Ebay stores 5 stars. |
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For those of you who feel that starting your own online business is just a bit more than you are prepared for or can afford, and are more interested in an at-home job, this section is for you. We have found a myriad of opportunities that anyone can take advantage of, most of which are free or very low-cost to access.
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Freelance Work from Home
Short Description: There are a number of ways to work from home these days. One of the most exciting is through online freelance work. Busy professionals and even small business owners are turning more and more so-called “virtual assistants” for everything from simple data entry to developing complex marketing programs and/or writing software. They don’t need the work done in an office, they just need it done and delivered to them. That is where you come in!
How it works: With most freelance programs, clients write a description of the services they need, and you get the opportunity to bid for each of the jobs. After a bidding period, the client selects a bid and if it’s yours, you and the client agree on terms and conditions, and then you get to work. Payment is usually staggered, part at the beginning, and part at completion of the project. Freelancers live and die by their clients’ feedback, so making sure you are responsive, organized and follow through religiously is important.
What you need to know: Keep in mind that through many of these services you will be bidding against people all over the world for jobs. That is why making sure your feedback is always excellent is a must. If your feedback is always stellar, you are more likely to be awarded more jobs even if you bid higher than many others.
Additionally, depending on your income needs, doing freelance work may keep you quite busy. We advise having memberships in more than one of these freelance services to ensure that you have the best chance to stay working regularly. It can be very satisfying to work your own hours and be your own boss.
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This site is a subscription type site. Rather than earning a commission on your projects, they ask you to pay a small subscription fee. The fees are relatively low – from $4.69 to $9 per month depending on the level of service you prefer, and how much you would like to promote your services (the $9/mo. price level gets you top listings on the provider lists). There is a promotional discount for signing up for a year of service. This site offers the following work categories:
- Accounting / Finance
- Administrative Support
- Business Consulting
- Engineering / Architecture
- Graphic Design / Multimedia
- Legal
- Marketing / Advertising / Sales
- Networking / Hardware / Telephony
- Photography / Videography
- Programming / Database Development
- Traditional Art (Illustration / Painting)
- Training / Education
- Writing / Editing / Translation
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Our rating:We have rated this site 5 stars out of 5 based on the number of projects we found and the value for the money. If you sign up with this site, we strongly recommend that you study and take advantage of all their marketing strategies to give yourself as much exposure as possible!
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Elance is a well-established freelance site. They provide a full escrow service so that your payment is always secure – clients cannot “accidentally forget” to pay you for your work. This site works on a “commission” basis. It is free to sign up for, but you pay a percentage of your compensation for using their services. This provides the following job categories:
- Web & Programming
- Design & Multimedia
- Writing & Translation
- Admin. Support
- Sales & Marketing
- Finance & Mgt.
- Legal
- Engineering & Mfg.
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Our rating: Because of the escrow service and the mature process, we rate this service 4 stars out of 5. We took one star away because a lot of international competition keeps bidding fairly low, and the commission fees can come close to 10%, which might further lower your potential income. |
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As a new member of any of these freelance sites, you will not have any feedback yet. We suggest that you ask someone you know who needs some help to create an account and request bids for a simple task. You complete the task and then have your friend leave you positive feedback. Take care that you actually have a real task related to the type of jobs you would like to normally bid on, and that you have some proof of completing because the freelance sites do not tolerate fraud. Alternately, you can provide potential clients with your resume, portfolio or a well-written profile. Be sure to include recommendations from previous bosses or clients. Those may make the difference for someone trying to decide which bid to select.
Paid Surveys
Short Description: There are hundreds of companies out there that will pay you a fee to provide market research in the form of surveys. These are real companies and they pay real money. You may have been approached by these types of market research companies at malls. While some of the survey companies will simply enter you into a drawing as “payment” for your time, many will pay in merchandise or cash. CashBuddha researchers have seen payments offered as high as $100 per hour for a two hour survey.
What you need to know: What you need to know going into using surveys as an income stream is that most of the companies that pay really well for surveys set a limit on the number of surveys you can qualify for in a set period of time. For example, while one company may allow you to take unlimited surveys and pay only $10 to $15 for each, the companies that pay $75 to $100 per hour may only allow you to take up to 3 surveys every 6 months. The key to being successful with surveys is being signed up with as many survey companies as possible. That way, if you bump up against the limit of one company, you have many more to choose from.
Note: The companies we have reviewed below charge a fee for their information and services. Anyone could do the research, create their own contacts database, and set themselves up, but the sheer amount of time it would take for one person to gather all this same information makes the small fees seem well worth the price, in our estimation.
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This company provides a very large database of survey companies you can sign up with. However, they really shine in the information, resources and other services they provide – including a free form robot tool that automates the often repetitive and time-consuming task of filling your personal information into survey forms. In addition to survey companies, they provide links to companies that offer other sorts of working at home opportunities. |
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Our rating:
We rate SurveyScout 5 stars out of 5 because we consider their $34.95 price to be an exceptional value, find their site to be extremely easy to navigate, and their tools easy to use. |
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While not as sophisticated as some of the other sites we’ve reviewed, this site does provide a significant database of survey companies, along with some tools, such as the form robot, that will make your survey-taking easier. Update: This site has changed significantly since CashBuddha initially reviewed it. When our CashBuddha staff was reviewing this opportunity, we found that it was a marketing front for another company, and the cost for access to the survey database was only $2.95. It appears that since then, the cost for the survey information has increased to $29.95, and they are still fronting for the affiliate company. |
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Our rating:
Originally we rated this site a 4 out of 5 simply because $2.95 was such a low price for the information the program was offering, no matter how simplistic the site or obnoxious the marketing front was. Now, however, we are dropping our rating to 2 out of 5. Even though you can get the information you are paying for, we are offended by the “bait and switch” feel of the site. |
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This site also provides a database of survey companies, as well as “get paid for” driving, shopping and eating, and reading links. However, it is also a front for another affiliate program, and much of its site content is advertising for other affiliate programs. At $69.95, this site simply does not provide the value that SurveyScout does, so we have rated this one 1 out of 5 stars. Advertising your affiliate partners on a site that provides real information and usefulness to your customers is one thing, but building 2/3 of your site around that advertising is just excessive in our opinion. We do not recommend that you waste your money on this site
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From stocks to Real Estate, these are the opportunities that will help you follow the age-old advice to “diversify”. Some of these opportunities will be recognizable to you while others are quite unique. Don’t be afraid to give one or more of the lesser-known programs a try… you may be surprised at what you find!
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FOREX Trading
FOReign EXchange trading has become an unbelievably hot topic in the past few years. And there’s no better time to tap into the wealth of the international markets than now. However, it’s a big world out there, and we all know that market trading is inherently risky. For this reason, CashBuddha has accumulated some resources and opportunities for those of you who would like to learn about FOREX, and see if it can change your life!
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The Global Forex Trading company offers some excellent resources for beginner and seasoned traders alike. From online brokerage accounts with “Practice” money in them, to live accounts for you to experience the real thing, this company provides everything you need to get started. Use the Education page to start learning, and then start practicing with a free practice account. This company has done a huge amount of work so that you don’t have to. We rate this site 5 out of 5 stars.
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As a “Guide” for those looking to change their lives, we think it would be irresponsible for us not to provide the following links to educational resources. Some of them are free for the taking, while others are “information for purchase”. However, the benefit for you is that they are all in one place here at Cash Buddha. Additionally, we have included the information for sale options because we believe they provide a good value in terms of potential to help you reach your goals. We will always be expanding this section as we find critical information for those of you who are looking for life-changing business or career opportunities. Be sure to check back with us often and stay up to date on the latest information.
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Click Marketing
Google.com: Google has provided a large archive of click marketing tutorial videos and information on their Learning Center site. You will not want to miss any of this information as you learn how to drive traffic to your new online business or affiliate site.
Click Here to visit Google's Learning Center.
Worldwide Brands: This company also has an enormous archive of educational articles, ebooks, videos and podcasts to help you understand the business of e-commerce and selling products online. You can sign up for their newsletter and receive daily tips, ideas and resources from both WorldWide Brands, and their partners.
Articles
Free E-Book
Video Center
PodCasts
Get Google Ads Free: This is really less about getting “free” Google advertising, and more about how to leverage advertising space on your website. This is actually an excellent concept that web business owners should all know about and have in their back pockets. It can only be beneficial to your business to utilize a strategy like this. At $97, it seems a bit pricey, but it does provide an enormous amount of information and education around click advertising and search engines. Because of this, CashBuddha rates it a good value for the money.
Ebay Auction Inspector
This tool claims to help you find what people are looking for but can’t find on Ebay. We can see the potential of this and believe it can certainly help you get “jump-started” in an Ebay store business, but do not expect it to cause a windfall situation for your online business. At $39.95, it should pay for itself very quickly and for that reason we believe it is probably a good tool to have in your online business toolbox.
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