My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
Become a virtual assistant. Virtual assistants perform a wide range of services for their clients, all of which can be completed online. Depending on the day, they may open and reply to emails, schedule online work or blog posts, write mock-up letters and proposals, or perform data entry. You can look for virtual assistant jobs on sites like UpWork.com and Problogger.net.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off, there’s still plenty of others that you can get your hands on for relatively cheap and broker as a way to make money online. Before you dive in, however, beware that some experts doubt the long-term viability of this idea for making money online. However, there’s always the change you might just land on a lucrative domain name for a future billion-dollar company. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names.
Once you have this down, you’ll be a budding Etsy entrepreneur. Provide great quality to your customers, and they’ll often return. Many people are willing to pay a premium for quality handmade designs. Etsy (like EBay and Amazon) takes a cut off the top for selling items through their site. PayPal takes another cut, and you have to be careful with taxes on all income, so be diligent while building your online business.
Host a giveaway on your store. Run a Facebook ad to a giveaway landing page on your store. Use a tool like Rafflecopter to add multiple contest entries like sharing on Facebook, Twitter, and more. You want this giveaway to get maximum reach. You’ll want to make sure you have a retargeting ad running on your store at the same time. The retargeting ad isn’t going to be the only way you’ll monetize the contest though. When sending high numbers of traffic to your website, you always want to have a retargeting ad running. The giveaway page has to be located on your store website – do not put it on another site or on social media. Otherwise retargeting won’t work. After the contest for the giveaway prize has ended, you’ll send the winner the prize they won. However, you’ll also send everyone who lost a runner up prize. The runner up prize can be a $5 gift card for your store. Make sure that all of your products cost over $30 and have more than $15 profit so you don’t lose money. The gift card almost acts like a discount code.
Twitch streaming is becoming increasingly popular. While it started out as a gaming platform, it’s quickly evolving to include other types of content. To make money fast on Twitch, you’ll need to grow your following. If you’re unemployed, spending your entire day streaming on Twitch can help you build a sizeable audience fast. You’ll need to find a popular game or channel that isn’t overly competitive so that people can easily find your content. In order to make money online from streaming, you’ll need to have a consistent style to your channel: is it going to be funny, educational or entertaining? Engaging on the chat feature on Twitch is another way to grow your following. You’ll want to communicate in popular chats. However, you’ll also want to engage with those chatting on your streams as well.
Want to find clients? Check out the list below. Also, look up freelancers in your niche. You can use LinkedIn to find out who freelances. What brands do they work with? Often times, brands work with multiple freelancers. Feel free to send a cold email out to the brand asking if there are any opportunities for freelancing available. If they’re not interested at the time, they might reach out to you in the future.
Buy and sell domain names. If you’re good at finding popular yet undiscovered domain names, you can make some cash on the side by buying and reselling websites. Think of it as digital real estate speculation. Domains are available on GoDaddy.com for as little as $2.99 per year, but are sometimes resold at far higher prices: According to Business Insider, the site MM.com sold for $1.2 million dollars in 2014. Once you find the perfect domain name to resell, you can market it on Flippa.com for a flat fee.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
If you have graphic design skills then you could make money online by creating and selling your own design elements, like templates, fonts, graphics, and other assets. This is a great way to earn extra money, and build up a portfolio of work, which could lead to you picking up freelance graphic design jobs. Websites like Envato Elements pay you a fee per element sold, which can become quite profitable if your work is popular.
Work in grocery delivery. Instacart is a company that will pay you to pick up grocery store orders in your spare time. The entire purchase and order takes place through the Instacart app, making it easy for you to pick up the groceries your customers wants and get paid. Like other food delivery jobs on this list, Instacart lets you earn a per-trip rate plus tips. Shipt is another service that will pay you to shop for groceries and deliver them to consumers in your area, so make sure to see if they’re available where you live.
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.
If you’re an experienced nanny or babysitter, Care.com is the place you want to make money. By listing yourself on the Craigslist of Childcare, you’ll broaden your reach and increase your odds of finding the right gig at the right time. You can be pickier with what kids you watch when you have the reputation and traffic to pull in more customers. Join Care.com and start making money by investing in the future of our youth.
White labeling products involves 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).
If you have a background in a specific field, you may find there is a demand for writing industry papers in your area of expertise. For example, there are often adverts for doctors, lawyers, nutritionists, and business experts from particular niches, to write white papers on different subject areas. These are well paid jobs that you will need to stake your reputation on, but that can often be worked on from the comfort of your own home.
Become a proofreader. All kinds of businesses hire professional proofreaders to look over their copy and content for errors before they publish. This side hustle is one that could work for nearly anyone since you can work from home provided you have a computer and an internet connection. You can find online proofreading jobs through websites like Indeed.com and FlexJobs.com
Each item purchased through your Amazon links give you a commission. It doesn’t take high volume traffic to achieve results, either. I began making money with the program when I only had 1,000 hits per month on my site. They can apply your earnings to your Amazon account balance, issue you a check, or direct deposit into your bank account. If you love Amazon, you’ll love their associate’s program. Click here for another Lifehack dedicated to Amazon Associates.
You will need to ensure that you adhere to a few principles when doing this. You need excellent photos, so investing in a good camera is well worth it here. You also need to ensure a meticulous description of the product, new or used. People appreciate the attention to detail and it will go a long way when trying to sell anything through these bustling online hubs.
There is enough material available online to help create your own website. This includes choosing the domain, templates, and the design for your website. Once ready to service the visitors with the relevant content, sign up for Google Adsense, which when appear on your website and clicked by visitors help you make money. The more the traffic you get on your website, the more will be the potential for higher earnings.
27. Sponsored/paid posts – Many blogs publish sponsored and paid posts. Sponsored posts are basically just posts about a specific brand, product or service. A company will pay you to publish an article about it. It’s similar with other paid posts as well. Your basically selling the spot for the article on your site. If you decide to take this route, you’ll want to build your traffic before you will get many offers.
For those with a large Twitter following, you can make money from your Tweets alone with Sponsored Tweets. You could be paid for sharing a business’s information, recommending restaurants or hotels, or tweeting pictures of you using or wearing products. As with all sponsored posts on social media, businesses will only be prepared to pay you to Tweet if you have a large following that you can influence. So work hard on building up a loyal fan base.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.