Topic and Structure. It’s not enough to select a popular vertical. You need a compelling topic and a tight structure for each class. After all, everyone wants to learn how to code, but you can’t teach every popular program language in an hour. Build your curriculum around interesting, high-demand topics within your niche. Use real-life examples, hands-on exercises, and attractive graphics (whiteboards work well) whenever possible.
Buy and Host Your Domain. Your domain name should be catchy and relevant to your niche. It should also roll off the tongue and sound as similar as possible to your site’s actual name. If the domain isn’t yet registered, you can probably find it on GoDaddy or a comparable domain warehouse for less than $15 per year. Already-registered domains can cost hundreds or thousands of dollars, depending on the quality of the name. Already-built sites can cost tens or hundreds of thousands of dollars, depending on traffic, revenue, and other factors. High-performing domains are out of reach for low-budget flippers.
Facebook ads are nothing new. They’re also not going away any time soon. Think for a moment about the last time you saw a Facebook ad for a local small business. (And not the giant brands around you like Kroger, Walmart, etc.) Can’t remember? That doesn’t surprise us. It’s because while local small business would like to advertise, odds are they don’t have someone in-house that’s wise enough to effectively run campaigns for them without losing money.
Web design is an online service business that has been around for quite long; yet, the market is not saturated. With an ever growing demand for websites, forums and blogs; the momentum for web design services will never die down. To get started as a web designer, all you need are some artistic talents, programming knowledge and time. As you design your websites, you must ensure you build your portfolio and look forward to having additional clients through word of mouth.
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.
If you have “extra” money sitting around or want to get serious about building wealth for later in life, consider investing it in the stock market with Ally Bank (whose investing branch is included on our list of best investment apps). If you don’t have immediate debts and aren’t currently living paycheck to paycheck, investing can be a powerful tool for generating passive returns.
Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
Trade-In (Resale) Marketplaces. There are plenty of other places to sell your stuff online, especially if it’s electronic. Popular and reputable online resale marketplaces include SellCell, Gazelle, and MaxBack. Major retailers such as Best Buy have extensive trade-in programs as well, as do national carriers such as Verizon and AT&T. Decluttr, a hybrid option, cuts out the middleman and claims to deliver better value for unwanted tech items.