Considering that you have a finite amount of time, passive income should make up a large part of your work. And if you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Simply this. 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?
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.”
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
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.
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.
InstaGC is a rewards site you can use to redeem instantly for Amazon gift codes (and all kinds of other gift codes). With this site, it's possible to earn money for doing all sorts of things which include short tasks, surveys, watching videos, listening to music, and more. What I love most about this one is that when you do redeem, there is NO waiting. You just ask for your code and it's there waiting for you on the next screen. It's also possible to request a check for a cash payment, but you will have to wait several days for that to show up in the mail.
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.
Creating a jobs board website can be another profitable venture. The ‘jobs’ field can be quite saturated, so it is important to find a niche that is still crying out for a jobs board website. Monetize this type of site by charging businesses to list their jobs on your site. Those searching for jobs could also be charged a fee to access the higher paying job adverts.
To test these websites, you’ll be asked to visit the site in question and record your reactions and thoughts as you go through it. To get started making extra money online by testing websites, sign up for some of the most popular services like UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (for people outside the U.S), or Side Income Jobs.
Equally, you can charge businesses to ‘claim’ their listing, a method used by many large directory sites like Google Business and Yelp. This involves companies paying to upgrade their listing and adding information such as their web address, social media links, images, and more. Other revenue streams include charging for ad space, adding affiliate links and even charging for services and products on your directory site.
The world becomes a better place when people learn new things, and if you are a good writer, you can put your skills to use and help educate the world. If you love to write, consider being a freelance writer. Freelance writers are always needed for blog entries, magazines, websites, and more. Business owners are often willing to pay a good price for a well-written article they can use, and you will get some fast cash as a result. There are several different ways in which you can embark on a freelance writing career. You can register for an article writing website, look through the writing job boards, or contact a publication on your own and pitch your ideas. The sky is the limit to how much you can earn.