Many Baby Boomers are finding that they will not be able to retire at 65, much less retire early, and are now scrambling to find a way to continue to earn an income to supplement their social security dollars.
There are a course of several options available to retirees, but if your preference is to stay at home rather than continue working for an employer, then you should seriously consider an Internet home based business.
Even if you have no experience you can still very easily create a website and start generating an income. If you are wondering how you earn money from an Internet home based business, there are actually different different ways to do that.
You can become an Infopreneur by setting up a content based website. With a content based website you choose a niche topic. It should be something with which you have some expertise. It could have been a favorite hobby or even your previous work skills. Maybe you love stamp collecting or glass collecting or gardening. Or depending you have years of experience in the retail industry or medical industry. Whatever the topic, you can create a content based website.
Are you wondering how you make money from a content based website? Here too there are various options. You can earn revenue from a combination of advertisements, your own products and affiliate agreements.
Advertisements can encompass various types. The most common and easiest ads to use in your Internet home based business are called Google AdSense. These ads are placed on your website pages via links provided by Google. They are automatically custom targeted to your content. When a reader clicks on the ad you get a commission. Mind you, the responsibilities can be very small (from about $ .05 to $ 3 per click on average). However the more traffic that comes through your site, the more clicks you get and the faster the commission dollars add up.
You can also sell your own products. They can be products that you create or you can use drop shipping wherey you become the middleman. You sell an item and it is shipped from elsewhere. You do not need to buy or hold inventory.
If you can write an eBook you can sell it on your website. Here again you draw on your expertise in your niche topic. You do not need to write a New York Times bestseller, but you should strive for quality to build credibility. You can also use affiliates to sell your eBook on others' sites. You give them a commission and they promote your book.
Speaking of affiliates, you too can sell others' ebooks or other products or services on your site and earn a commission. There are some very lucrative affiliates sources out there that can generate a very nice income.
Should you require help with your website content you can hire a freelance writer. Freelance writers can also help with blog posts. Blogs have grown very popular and incredibly easy to create. The key to all this is traffic. The more readers you attract, the more income you will generate. Having lots of quality blog posts or website content is paramount. Again, using a freelance writer to fill in the gaps can make all the difference.