Month – February 2015

Build a steady income stream making YouTube videos

You can make money with YouTube. Beyond that, you can build a steady income stream from YouTube. YouTube places ads either before a video (pre-roll) or as a banner ad over the low section of a video while it’s playing.

How It Works
When you post unique videos to YouTube you can monetize your channel and YouTube will share a portion of the revenue’s generated from ads played alongside your videos.

You associate a Google Adsense account with you YouTube account. In 2014, on average, YouTube paid out $7.60 per thousand video views. So a content provider that averages 100,000 view per month could expect to earn around $760 per month from their unique content, around $25 per day. While it’s nowhere close to the $300 per day, but having some fun producing how-to videos or gadget unboxing videos in your spare time can build up your passive income stream putting you on your way to earning $300 per day in passive income.

What kind of videos can you make?
Almost anything can become an overnight viral sensation on YouTube. However, don’t expect to wake up tomorrow and find that the video of your cat playing with a cardboard box is going to get you a million video views.

Research on YouTube shows that some of the types of videos that get consistent plays are those that demonstrate something, such as DIY home improvement techniques or how-to videos demonstrating a skill. Also videos that show the unboxing and assembly of the latest toys or electronics and gadgets are high in popularity. The key is to find something that you enjoy doing that you are knowledgable at and can demonstrate.

Maybe you’ve got a side business baking organic all-natural dog treats and you can demonstrate your recipes and preparations. You can also leverage YouTube to sell your wares in this case.

Perhaps you’re great at crocheting scarves, maybe it’s forging hand-crafted knives from raw steel, or juggling bean bags. Everyone has some skill or talent that they can share with others and YouTube is an excellent medium for sharing that skill or talent. In addition to providing ways to monetize your skill.

YouTube does have some do’s and do nots.

From YouTube:

Examples of videos that could be eligible include:

  • You filmed your cat and there is no background music.
  • Your video contains royalty-free music, and you can prove commercial rights using direct links to the song and applicable license.
  • Your friend’s band wrote and recorded a song for your video and states in writing that you can use and make money from it.

 

Your video is not eligible if it contains content that you didn’t create or get permission from its creator to use. You need to be able to show written permission for the following video elements:

  • Audio: copyrighted sound recordings, live performances, background music, etc.
  • Visuals: images, logos, software, video game footage, etc.
  • Any other content you don’t own worldwide commercial usage rights to.

Examples of videos that are NOT eligible

  • Your video contains a song you purchased for personal use (e.g., bought on iTunes or in a store) but didn’t obtain a commercial license.
  • You found a video on the Internet and you cannot prove that it’s in the public domain.
  • You are singing words of your favorite copyrighted song and there is copyrighted audio in the background, such as instrumental or karaoke tracks.
  • You have used content from someone else without permission, but you haven’t yet received a copyright notice on your video.
  • Your video does not provide proper attribution or credits as required by a license.

If your video is not eligible, it may be removed from YouTube.

Making Money Reselling Cardboard Moving Boxes

cardboard moving boxMoving between houses and apartments is one of those chores that no one really likes to do, but sometimes it’s necessary to do. One of the biggest expenses in moving (aside from hiring the moving company) is buying boxes and packing materials.

Moving boxes and packing materials can get expensive. Especially true if you are packing up and moving a 3 bedroom house. Moving.com estimates that to move an average 3 bedroom house with two adults it will take 45 medium boxes, 31 large boxes, 13 extra-large boxes, 9 picture boxes and 4 wardrobe boxes. With each box costing between $2.20 up to $12.00 buying boxes can add up quickly! In this case, $413! This is just for boxes!

This doesn’t include paper to wrap dishes or bubble wrap for wrapping valuables. Those are add-ons that add considerable cost to the price of moving.

After someone has invested all this money in boxes and has moved from one place to another, in most cases, inevitably, the boxes are then thrown into the garbage or recycling bin. Other times, people will post their moving boxes to the free section craigslist or one of the freecycle email list hoping that someone can reuse what they no longer need. This is where our opportunity is.

Collecting discarded moving boxes and reselling them for profit.

In most cases moving boxes can be reused 3 to 5 times before they start to fall apart. To collect boxes, just keep an eye out for online posts for people giving away free boxes. Once you’ve built up a decent collection of boxes you can post ads either online or in places like the post office, super markets, storage units offering your recycled boxes for a discounted price.

Be sure your ads show a comparison of prices between your price and the full retail price of a comparable new box so that the financial benefits are immediately noticeable by the potential buyer. I recommend pricing your boxes 30-50% lower than new boxes. The price difference, especially to a customer that knows they’re going to need a lot of boxes, will make a huge impact on their savings and will make the decision for them easy.

If you’ve got the space to store the boxes your inventory can almost be limitless. Once you’ve made a couple of sales you may be able to get a feel for some other things that people need for moving such as bubble wrap, plain newswrap paper, and packing tape. These items in bulk can be bought much cheaper from companies like uline.com and others.

For example, moving.com sells bubble wrap at a retail price around $0.20 per foot. Bought in bulk from uline.com that same bubble wrap can be as low as $0.13 per foot. There are also opportunities in tape. A case of 36 rolls of tape can be purchased for a little as $1.25 per roll while the average retail price is closer to $4.00.

In our scenario above for a 3 bedroom house, they would need at least 100 feet of bubble wrap and 3 to 4 rolls of tape. Add on items can easily increase the value of each sale by 10-25%.

Statistically people move more often in the mid to late spring months. If you plan ahead and stock your inventory through the fall and winter months you should be able to make 3 or 4 sales per week during the spring months. With the average sale $250-$300 you could easily earn $1,000 per week for very little effort.

Don’t forget to co-market your box recycling company with your ink cartridge and toner recycling income stream.

Earn money recycling inkjet and laser toner cartridges

There are many companies that are paying top dollar for used ink jet and toner cartridges. Prices range from around $1.00 for low end common inkjet cartridges and over $20 for some of the higher end laser and copier toner cartridges and drums. Many companies in your area are probably just dumping their used cartridges in the trash. There is a tremendous opportunity for you to turn their waste into a business that brings in a steady cash income stream.

Your opportunity is in collecting used cartridges from companies that are just dumping their inkjet and toner cartridges in the trash. You will want to survey the types of offices in your area that may be heavy consumers of inkjet and toner cartridges. Law firms & doctors offices consume lots of ink printing out steady stream of documents and invoices. They are a great place to start when looking scouting out locations for this opportunity. I suggest that you start by calling larger firms and ask to speak with their office manager. The office manager is most likely the person responsible for ordering and swapping out inkjet and toner cartridges.

Tell the office manager that you are an inkjet and laser toner recycler and ask how they dispose of their cartridges. They may already be in a program where they send their old cartridges back to the manufacturer for recycling. There are several manufacturers that offer this type of services. Some provide some sort of credit when returning the cartridges. However, most do not. They simply provide a shipping label to return them. If they tell you that they throw their inkjet and toner cartridges away ask if it would be possible for them to set their used cartridges aside for you to pick up once per month, or more frequently if they use a lot of ink.

They may tell you that they send their inkjet and toner cartridges back to the manufacturer for recycling. Ask them what benefits, if any, they receive from that program. Most of the time they don’t receive any benefit aside from a free shipping label to return the used toner cartridge. Tell them about how recycling with you provides local benefits.

Before you start calling think about your sales pitch. Each year more than 350 million ink cartridges will end up in land fills in North America alone. The plastics used in manufacturing ink cartridges and the trace amount of inks inside them contain toxic chemicals. If not recycled ink cartridges that end up in land fills will eventually leach those toxic chemicals into the soil.

Independent studies have proven that recycled ink cartridges have a carbon footprint that is one third that of new cartridges. Use these facts and others you find through research to become an authority on the environmental impact ink cartridges have in landfills.

Once you’ve landed an office to join your recycling program, pick a day to visit the office and meet the office manager. It’s important to have business cards printed up with your contact information. During your visit provide the office manager with your business card and schedule a date in advance when you will retrieve their cartridges for recycling. Oftentimes, they will already have some cartridges set aside for you to take with you that day.

Some companies that purchase empty and used inkjet and toner cartridges include:

Be sure to check out each sites list of cartridges that they are buying and how much they are paying for each. One company may only be paying $1.00 for a specific inkjet cartridge while another may buy the same cartridge for $5.00.

It should not take long before you’ve enrolled 10 to 15 offices in your recycling program. You should be able to visit all of the offices in one day per month. Anticipage how much you’ll be able to collect from each office by asking the office manager about their ink usage. If you can schedule your pickups on days when you’ll be able to pick up a dozen or so toner cartridges and a few dozen inkjet cartridges you should be able to resell them for a couple hundred dollars.

During your pickups, look around for other nearby offices. Walk in and speak with the receptionist and ask if there is an office manager you can speak with. If not, it may be the receptionist that also acts as the office manager. Be sure to sell her on the benefits of ink cartridge recycling and provide her with your business card and contact information.