You don’t have to find a long-term tenant to earn income from your home’s unused square footage. Apps like Airbnb, Vrbo, and HomeAway let you rent out your home to business and leisure travelers on a nightly or weekly basis. Depending on prevailing rents in your local market and your space’s size, amenities, and privacy, you could earn anywhere from $40 or $50 to $500 or more per night.
Some opportunities pay better and more reliably than others. Netflix reportedly pays “taggers,” who watch and categorize Netflix shows, at least $10 per hour. Individual shows or production companies occasionally advertise for similar positions, though these opportunities are becoming fewer and farther between. Competition is stiff when positions do open up.
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look at how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you’re using one of the best CRMs for small business—and start building your own community!)
Launching an at-home consulting business means getting comfortable with the idea of marketing yourself. Start by modifying your LinkedIn profile to emphasize your consulting services and relevant professional experience. Set up a website that describes your consulting work in more detail and features testimonials from former colleagues and clients. And create a blog that plays up your expertise.
Amazon makes it fairly easy to list and sell old books, games and devices on its marketplace. You can make more than just a few bucks If you have pricey textbooks from college. Be sure the books are in good condition. You'll get negative reviews if you attempt to sell books that are falling apart or games that are scratched up. Remember, be upfront about any defects, no matter how small they might be and no matter how few people might readily notice it.
Often, what happens is that we run into unscrupulous Internet Marketers (IMs) who have less-than altruistic intentions of extracting money from you rather than helping you to make it. However, this isn't something new. People have been falling for networking marketing, pyramid schemes, and affiliate marketing scams since before the start of the net.
With the Discover it® – Cash Back you’ll get a generous 5% cash back on select categories each quarter you activate ($1,500 max spend), 1% cash back on all other purchases and no annual fee. Discover will also match the cash back you’ve earned in year 1 and provide you a 0% intro APR on purchases and balance transfers for the first 14 months (then, the regular APR of 13.49% – 24.49% Variable applies). Read review
The best part? You get to put a smile on someone’s face — and you get paid to do it. Though exact wages will vary, Instacart Shoppers can earn as much as $20 per hour. If you committed to a typical 40-hour workweek, your compensation would come in at just under $40,000 per year (without taking into consideration expenses like gas and wear and tear on your vehicle).
Keep in mind though, you don’t need a website to do sponsored content since you can also get paid if you have a lot of social media followers. My wife has a pretty big Instagram following, and she gets all kinds of sponsorships. Not only does she get paid in cash, but we get a lot of free stuff, too. We’ve received free rugs, free lights, and free carpet cleaners. She only promotes things she loves though, so this strategy works really well for her.
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.
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.
Are you a professional in a field that can help answer questions for people looking for your expertise? Websites like JustAnswer and LivePerson match you up with people looking for answers to technical or professional questions. You can make money online by simply answering these questions and providing the right information to people based on their individualistic circumstances.
It’s something akin to picking stocks. You want to buy undervalued domains, and sell them later on at a higher price. For example, you can pick a domain that is out of favor, but could be related to some future event. So if you decide that the stock market is likely to crash in the future, you can buy a domain that includes the words stock market crash during a rising market, and then sell it in a falling market.
This could be a smart strategy if you live in an area where real estate is outrageously expensive, or you don’t want the hassle and expense of traveling all over the country visiting potential properties. Plus, if you are new to single-family real estate investing, letting a place like Roofstock guide you through the process is a great way to get your feet wet.
Considering that you have a finite amount of time, passive income should make up a large part of your work. If you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income? Invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop.