Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
21. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.
If so, chances are good that you are not earning as much interest on your savings as you could (and should) be earning. At the time of this writing, the average annual percentage yield (APY) on a savings account in the United States is 0.09%. That means that $1,000 sitting in a savings account will only earn $9 in interest if it sits there for an entire year.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
Outside of starting your own business, investing in the stock market has been one of the most consistent ways to create wealth over the past 100 years. In fact, since its inception in 1957, the S&P 500 has consistently returned 8% per year on average. A far higher return than savings accounts, CDs, money markets, or any number of other vehicles for saving and investing your money.
Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.
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.
Giving Assistant. Giving Assistant puts a charitable spin on online shopping discounts. Functionally, it’s similar to Qmee and Piggy, but users have the option to donate their earnings to their favorite charities. Of course, those who prefer to pocket their cash still can. You can reliably earn 5% cash back with Giving Assistant and more at select merchants.
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
At-home consulting is a great way for new parents who’ve scaled back their hours or sidelined their careers to keep their skills sharp and their names out there. It’s also a great side gig for professionals who’ve grown stifled in their current roles but don’t yet have the confidence or client base to quit their 9-to-5s and strike out on their own. With time, a consulting side business can easily turn into a full-time job, with all the freedom that entails.
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
It works in essentially the same way as the phone apps that were mentioned earlier. If you don’t mind having Google know what you do on a daily basis (anonymously), you can make money by letting them monitor your Internet usage. They use the information they gather to help them market and increase the functionality of their advertising programs when targeting users that are similar to you.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
If you need to make money really quickly, your best bet might be to sell something of value. For example, you can sell a piece of jewelry at a pawn shop or jewelry store. If you have an old smart phone or tablet lying around, you may be able to get instant cash for it from an ecoATM kiosk. Keep in mind that while these methods are easy and super quick, they won’t get you the best value for your goods.
Take it seriously. Yes, you’re applying for an online job. Yes, you can do the work in your underwear, but that doesn’t mean it’s not a “real job”. You must treat it as such or they aren’t going to treat you as a serious candidate. You aren’t the only one who wants to work in their underwear. In fact, the competition online is likely higher than it is in your local area.
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.