This has become a popular business model for online entrepreneurs over the past several years, and will probably just continue to grow in popularity. The best thing about selling online courses is that once you do the up-front work in creating the course and setting up your marketing strategy, you can get paid over and over again for work you do once.
Running and charging for webinars can be a great way to build a following in your niche, demonstrate that you are an expert in your field, and make a profit. Hosting a webinar can be hard work. They need to first be promoted, provide original and valuable information, and include interactive elements so your audience can ask questions and engage with your topic. However, once you have built up a large blog following, each webinar can be extremely profitable.
Creating a video series and selling it as a digital download on your blog, much like an eBook, can be another great seller. A video course, teaching viewers a specific skill or how to achieve a particular activity, may well resonate with your audience. If you are going to go down this route then your videos need to be as professional as possible so you should consider investing in some video and lighting equipment, as well as editing software.
Parlay your math, science, foreign-language or test-prep expertise into a lucrative side gig by becoming a private tutor. You can tutor people online or in-person. What you charge can depend on your experience, expertise and what’s in demand. To get started, see what types of tutors are needed on Craigslist, or create a profile on sites like Tutor.com or Care.com. You can also advertise your services at local schools and community centers.
Since time is the most precious commodity on this earth, 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. It's obvious that this is the preferred route, but clearly the road less traveled.
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.
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.
It can take time to build up your personal freelance business. Yet, there is more demand than ever for freelancers. So, if you want to kick start making money online through freelancing you can join one of the top freelance networks, such as Flexjobs, SolidGigs, Upwork, Fiverr, or PeoplePerHour. Sign up, build your profile, upload some samples of your work and start making extra money by doing small freelance jobs.
As well as selling your eBooks, Amazon can also create paperback copies of your book. CreateSpace, an Amazon-owned company, will help you self-publish your book. A relatively straightforward process, you must upload your work to CreateSpace and submit it for review. Your book will then be displayed on Amazon, and printed on demand and shipped by CreateSpace when purchased. And you can collect up to 70% royalties for each book sold.
Tutor students. Many families prefer the flexibility of using an online tutor. Depending on your background, you could be simply helping a child with homework or providing college-level support. You need to have your own computer and high speed internet. Experience required differs among companies. Some require “strong experience,” while others require a specific educational background. However, most companies do require a college degree.
Lending Club (U.S. Residents Only) – I’ve been talking about this site ever since I started this blog, so there’s no reason to stop now. Lending Club is an important part of my passive income strategy. I discuss it in all of my income reports, so you can read those for more detail. As I’ve said several times, I believe this is my only true source of passive income.
I just wanted to say thanks! I have been reading your blog for a while now and I have never posted a comment. Once again you have helped this newbie out with wonderful information about making money online. I should have really commented on your original post about “Hostgator” but I just wanted to let you know that when I signed up for my domain I made sure to use your affiliate link as a way to pay you back. Once again thanks and make sure you get your commission from my purchase.
Thanks for the list Eric. Many of these I have tested out and a few I still work on with regularity. There are many more places to join and get paid to write if one wants to become a full time freelance writer. A few places are Bright Hub($15 for an article), Textbroker(varies from .01 a word to .04), and The Content Authority(roughly same as textbroker). These are probably the easiest to get started with.
Robert said he did an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was pay he was earning to advise people on the best ways to use social media tools like Facebook and Pinterest to grow their brands.
Share a sale is a super cool company that allows affiliates to get paid per click, per lead, or per sale so you can earn in multiple ways. Another great thing about Share-A-Sale is that they make it easy to be an affiliate for basically any product you genuinely like. Which makes transparency with your audience much easier. You can find out more about Share-A-Sale by clicking here.
In Paid Viewpoint, your opinion counts and you also get to count some money. Signing up is fast, easy and free and you are paid through PayPal. You get money as soon as you finish signing up- $1 is sent to you after completing this process. A feature called TraitScore enables you to earn more money for every answer in surveys. This is after you get to 9000 or a higher TraitScore. Your network is your net worth. This is a phrase that has been said over and over. You will get to experience this through Paid Viewpoint as you earn as your friends cash out. This amount can go up to $25 for each and every one of your friends. When you cash out, the money is processed and sent to you through PayPal. The funds are sent to your account quickly, 72 hours being the maximum time. Click here to join!
Number 3 on my list of ways to make money online is to become an infopreneur. I love this one because it’s how I got started. The way to do this is to use the CTPM process to track thousands of visitors to your website per day. You can learn more about the CTPM process at MySiteSell.com. That is the service I used to start learning how to make money online. Within’ one year of going through their training program, I was able to quit my job as a full-time truck driver. Becoming an infopreneur is how I started.
With that said, I find Ebay is better for supplemental income instead of a full-time income. But you CAN grow a full-time business on Ebay if you choose to. I simply prefer other ways to make money online. I don’t like to rely on Ebay or any single company to grow my business, so I tend to use Ebay for things that I find to be fun like garage sales. It’s not something I like to earn a full-time income from, but others do choose to grow an entire business centered around Ebay. If it’s really something you enjoy, you could do the same.
A niche affiliate site often presents like an eCommerce store. To get started with an affiliate site, choose your niche then display products with pictures, descriptions, and prices, just as you would on an online store. However, when visitors click the ‘buy’ button, they will be taken directly to Amazon, to make the purchase. You then make an affiliate fee for sending the traffic to Amazon but have none of the packaging hassle, or initial financial output creating or buying the products.
Ready to enter the ecommerce fray? Why not sell your own stuff. Of course, along with selling your own stuff on your own website comes a whole slew of both responsibilities and technical configuration and requirements. For starters, you'll need a website and a hosting account. You'll also need a merchant account (sure you can use Stripe or PayPal). Then you'll need to design that site, build a sales funnel, create a lead magnet and do some email marketing.
Again, if your blog has a large reader base, then businesses may be interested in paying you to review their services or products. Not only will you get a free trial using whatever these businesses are selling, but you will also get a fee for writing them a review and posting it to your site. Paid reviews (and other paid and sponsored content) can be big money, so advertise this service on your contact page to generate business.
This isn’t to scare you off. I simply want you to know that this guide is going to focus solely on ways to make real, sustainable extra income online. Not just a few bucks. I want to share all the mistakes I've made that got me to where I am now so that you don’t have to go through them, and can build a successful online source of income for yourself.
Career in online marketing – This one comes per the suggestion of Ian in the comments, and rather than rewrite what he said, I’ll simply quote him: “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.”
Believe it or not, but simply searching the web is a viable way to make some extra cash from home. There are two main methods of getting paid for web searches, and the first means being comfortable giving your information to marketers and foregoing your usual search engine. Several “Get Paid To” sites like Swagbucks or MyPoints will reward you for using their site’s search engine to search the web by periodically (and randomly) giving you points for your searches. The second method is to become a web search evaluator – these jobs give you specific search assignments and pay you for doing these web searches and evaluating the results.