If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trips a reality.
Gengo. Gengo is a beginner-friendly platform that covers a range of subjects and project types. Pay tends to be on the low side, but payment is frequent and predictable – it comes via PayPal twice per month. Experienced and prolific translators can become Senior Translators, who command higher pay rates and are responsible for evaluating and editing entry-level translators’ work.
All written content on this site is for information purposes only. Opinions expressed herein are solely those of AWM, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What’s more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Contena, which makes this a high-demand opportunity to make money online.
Before I talk about some of the methods for making money online, I wanted to address the role of pain versus pleasure. Every decision that we make in life is weighed on a pain-versus-pleasure scale. We will always do more to avoid pain than we will to gain pleasure, plain and simple. However, this is also what holds us back from succeeding in any endeavor.
Teaching and tutoring English as a second language is a great way to make money online, not to mention open some doors for you to travel the world if you’d like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker and have the ability to teach, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to tutor them English via Skype. Check out Indeed, Learn4Good and Remote.co for remote english tutoring jobs or sign up on a specialized site like VerbalPlanet or Chegg Tutors.
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.
Promotion. You don’t need to buy digital ads to promote your classes, but it’s definitely worth your while to drum up support by email – sending out targeted blasts to your professional and personal networks – and social media accounts. As you gain students, reputable platforms like Udemy will boost your visibility, doing some of the hard promotional work for you. However, you must opt into its extensive course marketing network.
Turo pays you via direct deposit within five days. According to their site, you’ll earn “65% to 85% of the trip price, depending on the vehicle protection package you choose. If you have commercial rental insurance to cover you, your car, and your customers and would like to waive vehicle protection provided via Turo, you earn 90% of the trip price.”
Hey Luisa, I would first have a look around at what already exists in your industry and how you could differentiate yourself from it. For example, two of my favorite cooking channels on YouTube are Bon Appetit and Binging with Babish. Both of these live off of the personality of their presenters, together with a wide knowledge of food. See what new thing you could bring to the table and make decisions from there. Good luck!
Though seeing and hearing your name in print is a worthy accomplishment in and of itself, selling audiobooks probably won’t make you rich. In most cases, your royalty-sharing arrangement will amount to just a few dollars per download. A lot depends on the extent to which you promote your audiobook and how visible it is on platforms such as Audible and iTunes. If you’re lucky, a successful audiobook can generate a five-figure annual income stream. More obscure titles might earn just a few hundred bucks per year.
Advertise! Whether you pay for advertising or you trade advertising with related websites and blogs, or you use free search sites, the important thing to remember is to put in the time and keep track of what works. Search out other websites and blogs with similar content and leave comments with your contact info. There are services that will do all the marketing for you for a fee, but to start out, you can do the marketing yourself. Fiverr.com will advertise your website starting at $5.
Getaround is the sharing economy's answer to rental agencies. The company allows you to rent out your car on an hourly or daily basis, starting at $5 an hour. Depending on your vehicle's market value, you set the price per hour, and Getaround takes a 40% cut to cover 24/7 roadside assistance and driver insurance. According to the Getaround, earning potential for renting your car when you're not using it is up to $1,000 a year.
One of the biggest and best-known at-home tech support employers is Apple, whose At Home Advisor program employs thousands of people at competitive, experience-based salaries. At Home Advisors are part- or full-time employees, not independent contractors, so there’s a measure of security here that’s often missing from work-at-home gigs. The benefits package, including Apple stock, is pretty nice too, and every At Home Advisor gets a free iMac.
Though your answers must be honest and make sense, you don’t need to devote your full attention to online surveys – music to multitaskers’ ears. And you can invest as much or as little time as you like. Individual surveys can take anywhere from a couple of minutes to 20 or 30 minutes to complete, and you can do as many or as few as you want in one sitting.
Next come the nuts and bolts: choosing and buying a Web domain, hosting and designing your site, and planning content. While this is a lot of work to put in before publishing your first post, resist the temptation to cut corners. You’re laying the foundation, hopefully, for a long-term endeavor. Once you’ve created a quality site and built a following, there are plenty of ways to make money from your blog.
You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
YouTube Partner Program. The YouTube Partner program empowers YouTube channel operators to monetize certain types of videos. Finding paying advertisers is hard work, and you need a sizable following before you can find companies willing to pay for direct or indirect promotion. Plus, your videos must meet YouTube’s monetization criteria, which ban explicit or copied content. Pay potential is directly proportional to the size of your channel following and, to a lesser extent, audience demographics.
According to findings by Experian Automotive Researchers, 61% of individuals who earn $250,000 or more rarely buy luxury brands. Instead, they buy Hondas, Toyotas, and Fords like the rest of the world. The reason is they are not ready to spend money on premium cars that tend to drop in value in a couple of years as it would cost money. Millionaires invest in assets that appreciate.
Know What to Charge (and When to Charge More). Setting freelance writing rates is notoriously challenging. The value of your work depends on many factors, including your writing style and quality, your niche, your subject matter strengths and professional credentials, your research skills, your production speed, and your ability to work on deadline. As a rule of thumb, licensed professionals (such as lawyers, CPAs, and physicians) can charge more than nonexperts with above-average writing skills. But don’t assume your earning potential is static. As you gain skill and familiarity within your niche or with individual clients’ needs and your professional visibility improves, you’ll become more valuable to current and future clients.