This is a more technical way to make money online then most of the other strategies given. But you can get an excellent course on how to make it happen with Steve Chou’s Create a Profitable Online Store program. Steve and his wife have built a highly successful online store – selling wedding napkins – and he’s anxious to provide insider secrets to people who sign up for his course..
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.
Better yet, you can even upload your own book to one of the world’s largest book sellers: Amazon. With Amazon self-publishing, you set the price, retain the rights to your book, and get access to Amazon’s massive audience. For every sale, you keep 70% with Amazon taking the remainder as a fee. If you want to get started, check out Tara Gentile on CreativeLive as she shows you how to use your existing body of work to write an eBook within the next week. Who knows, you might just write one of the best business books of this year!
Just be sure to put a lot of care into your product listings. Everything from the titles you use, to how effective the description is at convincing potential buyers your product is better than the rest, and even taking care to shoot high quality product photos can have a dramatic impact on your sales. I recommend using photo editing tools like Fotor, which gives you the ability to edit your images, create captivating graphic designs and more.
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.
You can earn above-average rates of return because peer-to-peer lending eliminates the bank function. That means that you participate in nearly the entire interest rate being paid by the borrower, rather than the less than 1% that you will typically earn on certificates of deposit. And you can reduce your risk by investing in slices of hundreds of different loans.
Has anyone ever told you you have a voice for radio? Are you great at creating original characters with just your voice? There are tons of people looking to pay for quality voice overs for their corporate videos, animation series, or educational videos. Check out Fiverr and UpWork or create a profile on a specialized site like Voices.com or The Voice Realm to get started making money online doing voice overs.
It’s industry standard to charge anywhere from $1,000-$2,000 per month per client, and you don’t need previous website or marketing experience to get started. As you bring on more clients and build a reputation in your community for delivering outstanding results, your income can scale up quickly. It only takes a handful of clients to start building a full-time income.
Anyone who has ever googled “work from home” or “make money from home” knows that the web is overflowing with sites proclaiming you can make thousands from the comfort of your living room, most of the time requiring you to first buy a book, CD, or DVD to learn how. Since there is so much of this garbage out there, it can be frustrating looking for legitimate ways to work from home. Below are some reasonable ideas to consider.
Rather than making money through subscriptions, YouTube channels are based on a traditional advertising system. Meaning the more viewers you get, the more you make. Once you’re approved for the YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2-$4. Which might not seem like a lot, but if you have 100 videos with 5,000 views a month each, that would be $1,000–$2,000 already. Just imagine if your videos start hitting millions of views!
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.
Car rental apps abound. Before you choose one, read the fine print and make sure it has adequate liability insurance that protects you in the event of a serious accident involving injuries and property damage. Getaround has a good reputation and a relatively long track record. According to its website, car owners in high-demand cities such as San Francisco can earn up to $10,000 per year. That’s a pretty impressive passive income stream. Another option to consider is Turo.
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.
You can generate a small side income taking online surveys — but don’t expect to be rolling in the dough. Survey sites don’t typically offer a big payoff, unless you invest a lot of time, and many sites are more useful for earning gift cards than cash. Some of the more popular survey sites include Swagbucks and Global Test Market. Read our analysis of a dozen survey sites to find out which one is best suited for you.
Also, companies that use mystery shoppers require professionalism and often require you to perform other tasks beyond visiting a store or restaurant. You may be asked to visit specific departments, purchase particular items, or query others for certain information. After a shopping assignment, you will need to submit a detailed report of your experience and findings.
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for articles and content you write. Think of the sites you read regularly. What can you contribute to them that would be interesting? Research your niche and then look for ways to pitch articles. Many sites will simply have a submission or contact link in the footer. To get started, check out my full guide to becoming a freelance writer on the side and then submit your articles to places like Listverse, A List Apart, International Living, FundsforWriters, and Textbroker.
Demands on Your Time and Personality. Tech support is a 24/7 business. You’ll likely have some freedom to set your schedule, but you’re virtually assured to have some work shifts that don’t jibe with your lifestyle. You’ll also likely be responsible for some holiday and weekend coverage, though how much varies by employer. Finally, you’ll need to be “on” and personable at all times. If you don’t think you’re capable of maintaining a sunny disposition as you near the end of an eight-hour shift, this might not be the job for you.
The peer-to-peer concept is coming to virtually every corner of human existence. That includes the hospitality industry. Through AirBnB you can actually rent out your house for various lengths of time for a predetermined fee. That gives you an extra income on your house and gives the visitor the benefit of having an entire house, rather than being crammed into a single hotel room.
23. Affiliates – There are many affiliate networks, such as FlexOffers and CJ Affiliate that allow you to promote other people’s products and services. You simply put a link or a banner on your page and then you get a percentage if someone clicks through and buys the product/service. You’ll want to select products that are specifically within your blog’s category.This is an effective way to earn money once you have the traffic coming to your blog.