However, not matter what method you choose to make money online, understand that you might be able to make some money fast, but for the sizable returns, you'll need significant sweat equity. However, a year from now, you'll be happy you started today. Remember, time is far more valuable than money. Focus on creating passive income streams that will free up your time so that you can quit the rat race and focus on the things that matter. That's the important thing here.
21. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.
Some subjects are much better paid than others, so although you may love the idea of writing about travel (badly paid) a better bet would be a niche like finance (much higher rates of pay). Check out the Pro Blogger job board for high paid freelance writing jobs – other places to look might be Textbroker or you can look at the “gigs” section on Craigslist.
A blog highlights your technical ability and showcases your ability to write blog posts. Your blog can be about different topics than those you write about for your clients. In fact, it should be on a topic that interests you. Visitors will see that you can not only write, but you can also build an online community. A good blog has the potential to earn you many referrals for more clients.
First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
White labeling products involve purchasing pre-made products from a supplier and then adding your own labeling and branding. Products could range from candles to gym equipment or even tea, but all will come without labels, allowing you to create your own new range of merchandise. Most suppliers will advertise the fact they offer white labeled goods on their websites, so pick your niche and then find the right supplier and product for you. Once labeled, products can be sold via sites like eBay and Amazon, or from your own eCommerce store (discussed in a moment).
It works essentially the same way as the phone apps do above. If you don’t care to let Google know what you do on a daily basis, you can make money from home by letting them monitor your Internet usage. They use the information they gather to help them market/increase the functionality of their advertising programs when targeting users that are similar to you.
Clearly, there's a lot of demand on Amazon, and if any product is going to sell, it's going to sell well on Amazon. But the goal here is to source the right products that will easily sell at the world's largest online retailer. Generally, products between $10 and $50 sell very well here. Just be sure to do the right market research before jumping on this bandwagon.
Next, you need to set up and build your YouTube channel. Your YouTube channel is your homebase for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).
Not quite ready to start your own blog, but still like the idea of getting paid to write? You may want to consider trying your hand at freelance writing. Many bloggers and website owners are willing to shell out some serious cash for high quality writers. In fact, Holly Johnson from ClubThrifty.com makes over $200,000 per year from freelance work! And she has a course that teaches others how to do the same.
VIPKID provides an international learning experience to children in China between the ages 4-12. Headquartered in Beijing, the company offers fully immersive one-on-one English language instruction provided online by highly qualified teachers. The curriculum is based on the U.S. Common Core State Standards and uses a flipped-classroom approach to foster creativity and critical thinking skills.
Another strategy to make money online is to become a social marketing manager. Being present on social media is key for any business that wants to attract new customers, promote their products and grow their following. However, constantly posting, liking and commenting on the numerous social media channels is extremely time-consuming. More and more businesses are recruiting social media managers to run and organize all their social media. And to save money, social media employees are often employed as online freelancers.
No matter what method you select for generating your online income, there's one very important thing to understand. Today, across this globe, with its 7+ billion inhabitants, there are two recurring things that people are looking for more of. Either people want more time or they want more money. The truth? Time is far more valuable than money. You can't recreate time. Once it's spent, it's gone forever. Not money.
Social networking and social media is a great way to share your content, gain followers, and in general, increase your presence online. There are, however, ways to make money by sharing someone else’s content with your followers via Twitter. I generally don’t consider this to be a great way to make money online, but it can be lucrative for those who have a big following. (Side note: I tried to see if there was a way to sell Facebook “likes” or get paid to share content on Facebook, and couldn’t find anything.)
Babysitting isn’t just for teens. Everyone from college students to recent retirees can make money watching other people’s children. Word-of-mouth referrals from friends and family are still a great way to get started, but you can also create a profile on Care.com or Sittercity to expand your reach. Note any specialized skills, such as CPR certifications or experience with special needs children, to make yourself more marketable.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
Dating sites and apps are extremely popular and have become more and more niche as the industry develops. They can also be very profitable, as there are many ways to monetize them. You can charge a joining fee, provide premium subscriptions, or make money from advertising on your site. White Label Dating provides a pre-built dating platform for your project. You simply choose the niche and branding for your new dating site. Once your website goes live, you just need to promote it, manage the users, and collect the earnings.
When I first started some of my online courses which we'll cover in a little bit, I was actually offering coaching and consulting-- and people were signing up and it was great. It was extremely rewarding, but then I realized I just can't keep doing this and hope to scale. I'd rather spend time on other activities and enjoying life because the amount of people that want me coaching isn't scalable. If you're just starting out trying to make money online, this is something important to keep in mind.
With any business, there are ways you can get started putting a lot of money down upfront. There are also ways to start an online business that don’t cost much. With the affiliate marketing business model, the startup costs are low, but you will be relying on organic traffic. Some affiliate marketers rely too heavily on paid traffic, which will quickly eat into your profits. Put work into your search engine optimization (SEO). It will pay off in the long run.
As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things.
In terms of adding to your list, I also recommend careers in online marketing. Now, there are two types of careers. The first one, where you have to work out of an office, is not really making money purely online because it’s a job that requires an office presence (although an absolutely amazing one and one that may still make your list). However, another route is starting your own SEM agency. If you start your own agency, you can make a tremendous amount of money from the comfort of your own home if you work hard and are really good.
This is one of the classic online work opportunities and well-suited to picking up in your downtime. All you need to do basic transcription is the ability to listen and type what you hear – correctly – at a respectable typing speed. On average, it’s best if your typing speed is around 65 WPM and that you can maintain accuracy of at least 95%, though you’ll find that most transcription opportunities urge you to maintain 99% accuracy. Many transcription companies pay per audio hour transcribed, so it’s in your best interests to be as quick and accurate as possible to maximize your earnings. You can often make more by having the background to specialize in medical or legal transcription.