IDEA 5: Software as a Service - Earn 10,000 Dollars Per Month
SAAS is also known as software as a service and refers to websites which charge a monthly fee for the services on offer. Think of it as a professional stock picking service and software offered by stock market analysts to help people become better traders. Motley Fool charges anything between $20 and $100 per month for the subscription. Another idea you could use is offering project management software on a website for a monthly subscription.
To implement this idea you need to find a service which is highly sought after and charges a lot of money. Now once you've found the service all you need to do is make it better or put your own individual spin on it and then offer the service for a similar price. There are many SAAS services which are earning more than $10,000 per month.
Suppose you have a website offering cutting edge project management service. Suppose you charge $50 per month for this service and can generate 200 paid users over a period of time. This means that you can earn $50 x 200 = $10,000 per month. This project will take time however the income potential is absolutely phenomenal.
If you need more money then this is a quick money making technique which is completely legitimate and legal. The website will take time to build and it will take time to earn more money however once you get going there will be no stopping you. This is an idea I always consider when I need some more money.