Breaking

Join With Us On Telegram

Join With Us On Whatsapp

Tuesday 24 March 2020

How can I use Quora to make money?

DISCLAIMER
I have made money thanks to Quora.However, PLEASE read these disclaimers, warnings & important bits first.
  1. NEVER ADVERTISE EXPLICITLYI have NEVER advertised myself or my services explicitly. I’ve never sent people spammy messages or unsolicited messages asking them to subscribe to me or my services. I have received messages from people advertising their services. But I haven’t resorted to this strategy.
  2. NEVER MISLEAD PEOPLEI have NEVER misled people by telling them false statements about me or my background.
  3. TELL THE TRUTHI have let people EXPLICITLY know up front that I am on Quora to promote my brand and not for charitable causes (i.e. to help or change the world for free). And how do I do this? By encouraging them to ask me questions, by sharing my Quora answers on their Social Media & by asking their friends to follow me on Quora (if they loved my answers).
  4. SELFLESS SERVICEI have always answered all questions without any indication that people should pay me or subscribe to any of my social media platforms.
  5. STATE YOUR TERMS & CONDITIONSI have been very truthful about saying that I prefer they ask me Questions on Quora as that builds my online credibility and brand. However, if anyone still insists that they want my services on a ONE-TO-ONE basis where they want me to talk to them for one hour or write them an email of 1,000 words with a strategy, solution or guidance - that is chargeable.
  6. QUORA RULES ARE PARAMOUNT
    Please ensure you NEVER break any rules of Quora. Please read and re-read the rules of Quora so that you do not get flagged for a violation.
  7. ILLEGAL STUFF = NO!DO NOT sell, offer or provide anything that is illegal or not allowed.
  8. WHEN IN DOUBT - ASKIf in doubt - please contact the Quora Moderation Team
So how did I earn money on Quora?
  1. I spend 8 hours to 16 hours answering questions on Quora
  2. I ensure every question I answer I give truly my best content
  3. Some of the questions I spend even 3 days just to research and answer. That’s what it takes to produce my quality 3,000 - 8,000 word answers.
  4. Each answer I write - is 100% complete and authentic. I never hold anything information back in my answers.
  5. I always ensure I follow the BNBR policy. (I did make many mistakes in the past)
  6. I always ensure I ignore rude comments
  7. I always ensure I block or report trolls or abusive members.
  8. The ONLY and ONLY explicit advertisement I have - is in my bio section, I make sure my bio is detailed containing all the honest information about my business and my life
  9. I share my personal phone number and also my private email address
  10. For those people who send me email requests or phone requests to provide them more time, more service and more expertise - I inform them that:
    1) I prefer that they ask me the question on Quora which I will do it FOR FREE
    2) And if the are happy with my service - to talk about me to their friends
    3) However, One-To-One services - is a Premium service which I charge for
    4) And if they are still interested in my One-To-One Premium Services - it a chargeable service.
  11. I always encourage people to opt for the FREE service - which is asking me a Question on Quora with my name ‘Loy Machedo’ on it. And once they have asked me the question - to send me the link - which is where I answer it. The only drawback of this strategy is that only me and this user gets to see the answer - no one else as it is user specific.
  12. If however, users STILL insist that they want Privacy, Secrecy, Attention, My Personal Time, Effort, Space & Expertise - I guide them to website where they are able to see the list of options I offer. Here they can choose what they want.
  13. There are some people who ask me for a FREE service. And if I feel they have good connections - I give them a $500 service for FREE in exchange for a referral.
DRAWBACKS OF THIS STRATEGY
  1. LONG JOURNEYIt has been 5 months since I joined Quora and I have answered 3,000 answers. And on an average day - I spend 8 to 16 hours on Quora per day - while every other alternate day - I spend on my other Social Media Platforms. So my conversion rate is 1 good customer for every 3,000 answers. So not an easy task!
  2. TOUGH STATISTICS
    The conversion rate to get $25 (my minimum rate) is 1 good customer after connecting with nearly 1,000 people on Quora.
  3. TIME + MONEY + EFFORT = FREEIt is very very very time consuming. Sometimes my day starts at 2am writing answers on Quora. So while others are sleeping - I am busy working. And all this - for FREE on Quora.
  4. THE HORRIBLE SIDE OF FAMEI get spammed heavily both on my phone & email by trolls, trouble makers and especially children. If you are popular - you will receive at least 100 emails, messages & texts from trouble makers. You will not believe how horrible it is to clean up your inbox and phone. I wake up in the morning to nearly 1,000+ notifications!
  5. SOME PEOPLE NEVER UNDERSTANDMajority of the users even after informing them the terms & conditions STILL ask for FREE by sharing their sad stories
  6. MISUSING YOUR TRUSTPeople have shared my details online to groups stating I am a prostitute looking for sex and fun. And some of them call you from fake numbers and then threaten you or waste your time with nonsense.
  7. UNNECESSARY ENEMIESYou will make more enemies than friends as everyone will expect you to give them FREE content and FREE help - especially since you give FREE answers online. And on top of that - they will be rude and obnoxious with you.
  8. IT IS ALL ABOUT LUCKIt is all about luck. You can go on for 3 months and not have a single inquiry.
  9. END OF THE DAY - THE BIGGEST SHOCKERThe possibility and probability of a popular Quoran losing his account is exceptionally high. You can lose your account and everything you have worked for - by just one small mistake.
FINAL THOUGHTS
So before you do decide to opt for a strategy on Quora, in Summary keep this in mind:
  1. It has been 5 long months since I joined Quora.
  2. I’ve written quality answers to 3,000 questions on Quora
  3. Out of the 1,000+ emails, messages & texts I have received per day, I have made sure that I answered the relevant ones - which I have to dedicate one entire day to.
  4. Focusing on Quora led to a decline and elimination of my other online activities
  5. I am still learning how to use Quora
  6. I am still doing my best to contribute MORE than what I receive
  7. It has not been an easy ride.
  8. You have to be exceptionally focused, dedicated, obsessed, committed and explicit about your strategy. That involves telling people the truth openly. And this can make you very unpopular.
  9. Many users have unsubscribed from me or even trolled me for the simple reason that I was honest enough to let them know I am on Quora to promote my brand. For some strange and funny reason some people believe that everyone on Quora should be there giving world-class content and hours and hours of work - for free.
  10. However, the focus should NOT be to be loved by the whole world but by the few who are willing to accept that you are a professional and if they want more (Your Personal and Professional Time, Effort & Expertise) they should go through your private channel.
  11. End of the day the Universal truth is this - All the Professionals like myself who are online and who make money online - take this job very seriously with ethics, morals and standards. And if we were to violate these standards - we simply cannot survive. There are no shortcuts to making money - no “get-rich-quick” easy schemes. If you want to succeed - you have to FIRST GIVE VALUE IN ORDER TO GET VALUE. Ultimately this is the reason and only reason professionals like me have survived, thrived and succeeded.
Hope this helps.
Loy Machedo
PS - If you liked this answer - could I have an upvote?

No comments: