Protect Yourself With Enforceable Contracts. You don’t have to be a lawyer to draft an enforceable freelance contract. You just need to find a legitimate freelance contract template and modify it for your use. It’s fine to use a client-provided contract as long as you review it thoroughly, ask piercing questions if necessary, and seek an attorney’s advice when in doubt.
It’s sometimes hard to comprehend just how much people love t-shirts. And with the right niche, marketing and tools, you can create an online t-shirt business that makes you extra money online while you sleep. (Even Bloomberg and Forbes feature stories from entrepreneurs who’ve done just that.) Services like TeeSpring make it easier than ever to create a t-shirt drop-shipping business where they handle the sales, printing, and shipping, and you’re only responsible for design and marketing. Or you can even buy into well-established franchise businesses like Rhea Lana that sell fashionable, affordable kids clothing and get the backing of a proven organization to fuel your online sales. For more tips, check out this simple guide to launching and marketing an online clothing store by my friends over at Selz.
When it comes to at-home income, selling your unwanted stuff is the definition of low-hanging fruit. Even if you’re intentional in your purchasing habits, you likely have possessions you can do without. Examples include old kids’ clothing and toys, sporting goods you no longer use, out-of-fashion wardrobe accessories, electronics, valuable but nonsentimental keepsakes such as watches and jewelry, old furniture, dusty tools and outdoor equipment, and perhaps even big-ticket items like a motorcycle or second car.
Recording Your Work. If you’ve already written a book, you can leverage an entirely new revenue stream by turning it into an audiobook. It doesn’t have to be your voice on the recording. In fact, unless you have voice acting or radio experience, it’s better to hire a trained voice actor. Reputable platforms like ACX typically have low production costs and innovative royalty-sharing arrangements that maximize rights-holders’ (writers’) income potential. Check Publishers Weekly for a list of platform options.
Medical transcription is semi-skilled work. While you don’t have to be a doctor or nurse, you do need to complete an intensive training course that can last a year or more and cost several thousand dollars. During periods of increased demand, some employers may be willing to finance your training course, or at least partially or fully reimburse you after the fact. Once you’re employed, you can expect to earn about $16 per hour on average, according to PayScale.
If you’re comfortable having strangers in your home and confident you’re on the right side of the law, check out these popular meal sharing options. Depending on your platform choice, guest capacity, and local market, you can expect to rake in anywhere from $50 to several hundred dollars per meal after accounting for expenses. Hosting opportunities are more plentiful in major cities.
Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant digital products.
There are different ways to market an ebook. One of the most common is through Amazon’s Kindle program. They can help you with all the steps to both publish and market your ebook through their incredibly popular platform. There are some specialized sets of writing software that will help with not only writing your ebook but also formatting it correctly for the Amazon market as well Barnes & Noble and iTunes
Worth noting is that Postmates doesn’t even require that you deliver by vehicle — a bike will do. Better yet, there are no startup fees or time commitments with Postmates and all you’ll have to do is pass a basic background check to get started. Once Postmates verifies your identity, they’ll send you a delivery bag and a prepaid card (in the mail) that you’ll use to purchase delivery items.
If you’ve developed valuable skill sets or picked up certifications within your industry over the years, offering your consulting services to local business owners can be a lucrative way to make money online. Whether you’re an expert marketer, business strategist, or manufacturing aficionado, there’s likely a local business owner who’s willing to pay you to help them solve an issue with their company. Start with my guide to launching a freelance (consulting) business and then use my breakdown of crafting an effective cold email to convince local small business owners to hire you.
According to Getaround’s estimates, car owners that routinely lend out their car can earn “$1,000s per year actively sharing your parked car”. Considering there is no effort needed by you, it’s a pretty good way to make money. That being said, your car will likely depreciate a bit faster by virtue of lending it out to other people. If you have a big car loan or are underwater on your loan, putting your car on a site like Getaround might not be a great idea.
There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.
If you have a knack for organization, you can make money online as a virtual assistant helping people to keep their days in order. A virtual assistant will do everyinthing from bookkeeping to research, database entry, booking travel, and managing email. It can also be an awesome way to rub shoulders with some very important people, build up your professional network, and of course grow another stream of income. You can find great gigs on UpWork, Fiverr, Indeed, and Remote.co.
For sure! I think that’s something Jeff and I have learned rather quickly is to definitely not put all your eggs in one basket. We had 1-2 affiliates that we promoted for the longest time that were by and large our main sources of income. We realized that if we lost even 1 of those affiliates we would be in for a huge world of hurt when it came to our monthly intake.
Uploading videos on YouTube - You can monetize your funny videos on YouTube with Google AdSense. All you need is a YouTube channel then upload videos of your funny cat or your crazy friend, and YouTube viewers will get you paid. Getting paid to download apps. You can get paid by specific companies by downloading their apps and getting bonuses for every week the app remains installed.
Get-rich-quick schemes and fad weight-loss diets are naturally popular because they satisfy the id while also attending to the super-ego. The ego's job is complete when it sees something like this. The appeal of "fast'' stems from the innate desire for instant gratification, so beware of what seems too good to be true (they often are) when you're looking to make money quickly. Be wary. Listen to the conversation deep within the confines of your mind and do your best to tame the proverbial beasts.
As with online teaching, to maximize your chances of success as an online tutor, stick to subjects you know well. Use a reputable and high-visibility venue, structure your sessions sensibly, price your services in line with the market, follow scheduling best practices, and promote yourself enthusiastically (or choose a platform that does so on your behalf).
Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.
If you’re a skilled worker in a specific niche, like marketing, design, or software development, there are specialty marketplaces that cater just to you. These are amazing places to make money online as you know that the people visiting them are looking specifically for the skills you have. Check out places like 99Designs or Dribbble for designers, Cloudpeeps for marketing and SEO professionals, and TopTal, Crew, or Gigster for high-level software developers. Once you’ve built up your development skills, you can begin building a brand for yourself as a higher-value consultant and start charging brands for larger projects like implementing an entire WordPress security overhaul or migrating a website from http to https.
The sharing economy has created new opportunities for regular people to put their excess capital to work. Person-to-person (P2P) lending platforms such as LendingClub and Prosper are reputable outlets for nonaccredited individuals seeking above-average returns on investment – anywhere from 4% to more than 10% annually, after accounting for nonperforming loans and the platforms’ service charges.
Tutor students. Many families prefer the flexibility of using an online tutor. Depending on your background, you could be simply helping a child with homework or providing college-level support. You need to have your own computer and high speed internet. Experience required differs among companies. Some require “strong experience,” while others require a specific educational background. However, most companies do require a college degree.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Amazon Mechanical Turk is a service that lets you make money online through doing paid microtasks. Each task is something simple that requires human interaction like rating search results, checking for the right spelling on search terms, categorizing the tone of an article, or even basic translating. You can do these tasks from anywhere you want and make money online from the world’s largest e-retailer.