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.
Online savings accounts usually come with crazy good interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). We’re fans of CIT Bank and Discover Bank (among others) because their interest rates are often over 25 times the national average. That means the money in your savings account will grow 25 times faster than the pace it’s most likely growing at now. Really, though, you can’t go wrong with pretty much any online savings account that offers over 1.50% APY 🙂
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.
There are always a ton of transcription jobs out there, and it’s one of the most commonly suggested gigs for work-at-home newbies. However, run-of-the-mill transcription also doesn’t generally pay that well. Where earning a respectable transcription income comes in is in specializing so that you can do more specific and sensitive transcribing quickly, accurately, and efficiently. Some transcription skills you can only get through transcription experience, but other skills may come from your background or require you to complete a certification course.
Thanks for the great post. I couldn’t agree the more with you that a lot of times people end up having to spend more time to struggle with their online business rather having quality time with their family and etc. I think you hit the nail when you mentioned that one of your goals is to ensure you adopt an approach and system that allows you to not getting stuck in the trade hour for money kind of thing.
Whether you're looking to make some fast cash, or you're after long-term, more sustainable income-producing results, there are certainly ways you can make money online today. The truth is that making money online isn't as difficult as most make it out to seem. It does require some discipline. Sure. Without discipline, you'll find it tough to make a buck both online or offline.
Many of my readers aren’t hip on the idea of becoming a rideshare driver. It can be a little intimidating being in a car alone with a stranger. A great alternative in the same industry is becoming a courier. Sites like Postmates, UberEats, Amazon Flex and others can be a great opportunity to earn extra cash delivering everything from lunch to packages. These can be good side hustles with flexible schedules. In some areas, I have also seen a big boom in medical courier opportunities, and these don’t pay too shabby!
Medium is an online community where anyone can post articles and essays and get them in front of their audience of millions of monthly readers. While it can be a great place to build your audience for your own blog or find customers for your consulting business, with Medium’s new Partner Program, you can now make money online whenever someone reads your articles. Register for free and you can choose whether your articles are freely available or only readable by those people paying $5/month for a premium Medium membership. You’ll make money based on the amount of people who read and engage with your posts each month.
If you have a flair for designing cool images, don't bother about creating your own inventory. As long as your design can be printed on a product, you can pocket some money. You can upload designs on various Websites such as CafePress, and if somebody orders these designs, the company will print them and distribute the products. It could be designs for T-shirts, hats, bags, books, posters, calendars, greeting cards, etc. You will receive a commission for each sale. Other such sites include Lulu and Zazzle.
Buying and selling domain names is another way to make money from home and requires very little investment or time. You can buy domains at their registration prices or even cheaper and trade them at a profit. However, always research on sites such as sedo.co.uk, afternic.com, ebay.com or other domain auction sites to get an estimate of the hottest selling names. The best way to find good ones is to use terminated domain lists, which contain several expired names that are back in the pool.
Retain some control. If you upload photos of yourself, or friends/family with consent, it's worth going for the 'rights managed' licence option – otherwise you'll have little to no control over how your images are used (eg, you could star in an ad for haemorrhoid cream). See Alamy's page on understanding stock image licensing for more on the different types of licences.
If you are a professional photographer or have a real flair for photography, then selling your images on other sites could be an idea. This could be done alongside your own photography site, as it is a good way to help get your work viewed by a wider audience. There are numerous stock image websites to contribute to, but choosing a popular high-end site like Shutterstock should ensure your photographs make you some money.
Website Flipping refers to creating or buying a website and then fixing it up and selling it to make some money. There are a lot of factors that will at what price you can sell your domain such the time spent on developing, optimizing, and getting traffic to your website. You can sell a website from 10$ to 1,000000 $, it all depends on the website’s traffic and overall worth.
Creating your own food blog, will not only be fun but done well it should also be profitable. Link your site to affiliate cooking products, sell your food photos, create and sell your own physical cookbook, or launch a cooking app. Equally, you could turn your cooking blog into a membership site. You would then share all your content, including recipes, how to videos, food photographs, and much more, with only your paid up members.
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.
Set up a roadside stand. Depending on where you live, you could profit handsomely by setting up a roadside stand. If you live near a resort area, for example, you could buy cases of bottled water, put them on ice, and sell them to passers by for twice what you paid. Selling fruit and produce you grow yourself is also a smart idea in highly-traveled areas.
Coding – whether for developing apps or designing websites – is another big business online! It’s a pretty egalitarian business as well, since you can teach yourself to code in many languages and you can code from wherever you are. At its most basic, all you need is a computer (or laptop or tablet), an Internet connection for connecting with project files or far-flung colleagues, and a text editor. (The software involved can get more complicated than that, as you go along.) There are more small businesses wanting customized websites and startups trying to create that next great app every day, and coders can make a living along the way.
The difference between Amazon and EBay is that EBay (though still filled with new items) is seen as a used marketplace between individual parties, whereas Amazon (which is filled with offers for new and used merchandise from the 3rd parties) is viewed as a Wal-Mart-type superstore. As a consumer, this difference leads me to use Amazon, so it only makes sense to target on my own demographic.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.