A new law, the Corporate Transparency Act, requires over 32 million businesses to report their real owners, or "beneficial owners", to the government. This helps track down illegal activities like money laundering. Affected companies must submit a Beneficial Ownership Information report to FinCEN by varying deadlines based on their establishment dates. Failure to comply can lead to significant fines or even imprisonment.
A viral method claiming easy money with Google News by rewriting articles and submitting them to editors doesn't hold up. Plagiarism and low-quality content are concerns, and the method's unrealistic income claims are misleading. Instead, consider legitimate writing opportunities like ProBlogger or starting your own blog for long-term income potential.
A man with no coding experience created Formula Bot, an AI tool for spreadsheets. He used YouTube and feedback to add features and partnered with Microsoft.
Despite competition, he differentiated Formula Bot by making it easy to use and customize within Excel.
He promoted his app on social media and found creative ways to generate income.
To stay ahead, he's focusing on exclusive features and customization, creating a product that combines convenience and advanced AI capabilities.
You can earn passive income by selling AI-generated art on Etsy using print-on-demand services. To succeed, research popular designs and use high-quality AI tools. Partner with a print-on-demand provider for order fulfillment. Optimize Etsy listings with compelling images and keywords. Offer free shipping, and research competitors' pricing. Regularly create new artwork, and stay up-to-date with trends. With proper research and consistency, you can generate substantial earnings from this business model.
Starting a side hustle may seem tempting, but it's a distraction that won't lead to significant change. Instead, focus on creating a business that solves problems and meets needs. Identify an unmet need, find a solution, set a fair price, and refine and repeat based on customer feedback. This approach is accessible to everyone and can truly transform your life. By addressing real problems, you can build a business that delivers value and leads to growth.
Using AI-powered book summaries and affiliate marketing, you can create a side hustle that generates passive income. By summarizing trending audiobooks on Medium and embedding affiliate links, you earn $5 per click from free Audible trials. To reach the goal of $500 per day, you need around 100 daily clicks, which requires publishing 20-25 summaries. Remember to disclose affiliate links to comply with Medium's policies.
