There are lots of sites, but I use VIPKID. You just need a wifi connection, headphones, and a laptop with a good web camera to teach Chinese students English. They give you all the material you need to teach and an online portal, you just have to show up. The kids are super cute and fun to teach and I actually have a lot of fun doing it. Plus, I can set my own hours, work as much as I want, and take vacation whenever I want. It’s honestly great. And $20/hr goes a long way in Thailand. I make more than a lot of the English teachers I know who work in schools here. But, you have to be eligible to work in the U.S. or Canada to apply and you need a bachelor’s degree.
The need for online tutors seems to be growing every day, particularly in ESL industry. (ESL stands for English as a Second Language.) There are many apps which are looking for native English speakers to assist their students, often through simple conversation – so there are opportunities for you even if you don’t have any teaching experience. Beyond the English-teaching market, there’s also a niche for those who can help middle school students with their homework assignments and more general tutoring positions available online to assist students at all levels with their studies.
There’s a high probability of passive income if you get to the top of the pyramid on these MLM networks. Multi-Level Marketing does take some time, so this is more of a marathon rather than a sprint. It takes some time to build a good sales team. So as long as you’re willing to start at the bottom and work your way up over time, Multi-Level Marketing can be a great way to earn an income online.
Outsourcing is the new and dominant wave of the business world. As businesses shed employees, they increasingly turn to independent contractors to supply what in-house staff used to do. One of the ways they do this is through virtual assistants. These are people who provide certain tasks online. Businesses can use virtual assistants as much or as little as they need to. If you can make yourself available to multiple businesses, you might have plenty of work without ever leaving your house.
How many email newsletters are you bombarded with every single day? There’s a reason for that. Marketing to an actively interested group of email subscribers is one of the best ways to make money online. There have even been million-dollar businesses built from simple email newsletters like TheSkimm, or Mister Spoils. Each newsletter targets a specific type of user with interesting, daily content, while also partnering with relevant companies and affiliates to bring in extra money. If this seems daunting, it’s not. Tools like MailChimp, ConvertKit and AWeber make it easier than ever to get started with email marketing. And another great option to consider (with the largest free plan available) is SendPulse, with their ability to send up to 15,000 emails per month to 2,500 subscribers, and then affordable plans starting at under $10/month as you grow from there.
Everyone has thought about different ways to make money online, but most people don’t really know how. I’m fortunate enough to have figured it out. For several years now, I haven’t only earned a full-time living using nothing but the internet, but I am making more from my online venture than I’ve ever made at any other job (into the 6 figure range now). The longer I do this, the more I make. I also have no employees, I don’t sell any of my own products, I provide no customer service, and I hardly have any overhead. Plus, I make money 24/7/365 whether I’m actually working or on vacation.
If you have an eye for design and some experience of creating websites, then you could offer your services as a freelance web designer. You will need to create your own stylish website and have a few other projects that you can show potential clients to demonstrate your skills. You will also need to initially spend time emailing businesses to promote your services and find work.
You can set up a website, gradually build up the content (articles, videos, podcasts, etc.), then eventually monetize the site through advertising, affiliate marketing, or even the direct sale of specific products or services. Even better, you can generally find whatever services and technical assistance you need online and free of charge. Later on, when your site develops a reliable cash flow, you can begin working with paid providers who can take your blog to the next level.
Making money online will take work and dedication. This series is not meant to be a get rich quick scheme on how to make money online. You will often do just as much if not more work as your day job. The difference is that you will love what you’re because it’s something that allows you to control your time while doing something you love or are at the very least skilled or interested in doing.
With membership sites, there needs to be that hook, that thing that keeps them. I’ll give you some examples of people that do this well. Besides DSL, I’m part of a few other online communities, like the Dynamite Circle from a lifestyle entrepreneurship podcast called Tropical MBA. What members get when they pay the $70 monthly fee is access to the ‘Circle’. This is a valuable forum where we can all connect with other listeners.
Many people fancy themselves as designers. If you have a unique idea for a new product then it may be time to get it designed. This can be a long process involving prototypes, discussions with factories, package design, and much more. However, the profits once the product is on the market could be substantial. And remember, with Amazon FBA, your products can all be stored and shipped by Amazon, giving you time to think up your next invention. Learn more about Amazon FBA with my How To Start An Amazon FBA Business Guide.
Blogging can be something that requires patience, persistence and discipline. It may mean writing everyday for upwards of a year prior to deciding to really will see any money from using it. There are exceptions to your rule, but from my dealings for some other bloggers, this indicates to be pretty common to spend one or maybe two years building your blog post, your brand name and your authority, prior to making any serious amount of cash.
One common way to do it is to create a niche site – a site generally focused on one type of product or sub-market – and populate the site with relevant articles, with affiliate links embedded. One of my current challenges is to add $20,000 per year to my passive income portfolio by creating niche sites that focus on Amazon products. Here are some good sources for products to sell as an affiliate:
Cryptocurrency or digital currency is the next big thing in currency trading. It’s a digital asset that is used as a method to pay for things, that isn’t run by a government or institution. Bitcoin is the most well known digital currency and was trading at $200 per Bitcoin back in 2013. Now it is worth over $17k and is expected to be worth well over $1m in 2022.
Ebates is another cash back app, similar to DOSH, and right now they are offering a $10 signup bonus. There’s no rule saying you can’t have multiple cash back apps, so why not sign up for a couple just so you get the bonuses? Once you get your bonuses, then just use whichever app gets you the best deal on your upcoming purchases. Easiest money ever!
Travel blogging is a hard industry to break into. However, the rewards can be worth it, and let’s face it, who doesn’t want to be paid for traveling around the world! There are numerous ways to monetize a travel blog, but affiliate marketing should predominantly be your focus. On your blog, promote hotels, tours, equipment hire services, flights, and anything else travel related. Then take a cut of the proceeds as your audience books their holidays based on your recommendations.
Completing paid surveys is one of the most popular ways to earn extra cash online. There are entire websites devoted to nothing but surveys that you can register with and be paired with surveys that best fit your profile. You will get paid according to the terms listed at the beginning of the survey and will have the chance to add some extra money to your wallet. When taking surveys, it is important to be honest and take them seriously because you can be banned from the site the researchers determined you did not put any effort into your answers.