You don’t have to snag an adjunct professorship at your local university to share your knowledge with your peers and earn some cash in the process. Thanks to the magic of the Internet, you can cut out the middleman and teach classes directly to lifelong learners without leaving the house. Here’s what you should keep in mind to begin and maintain a successful at-home teaching enterprise:
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
The virtual assistant workforce is global, which means two things. First, if you’re in the U.S. or another high-cost country, you’ll likely be undercut by English- and Spanish-speaking professionals in cheaper markets. Second, you’ll need to either stick to clients in or near your time zone or be willing to work odd hours. A reasonable starting wage for North America-based VAs is $10 to $20 per hour, but competent VAs command much higher rates.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What’s more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Contena, which makes this a high-demand opportunity to make money online.
Recording Others’ Work. If you’re a trained voice actor or narrator, or you think you have what it takes to break into the niche, you can use ACX and other outlets to find audiobook recording jobs. You’ll need to audition for each role, but once you land a gig, you’ll earn money two ways: at an agreed per-hour rate for the actual job and a shared royalty arrangement with the rights-holder and others involved in the production. If you’re a union actor (SAG-AFTRA), you’re required to charge a minimum fee (variable, but above $200) per finished hour (roughly two studio hours). On a 10-hour audiobook, that’s a minimum payday of $2,000 before royalties.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
There’s more. Well over half enjoyed flexible scheduling that allowed them to stop and start work at their discretion. As competition for millennial talent heats up and the unemployment rate reaches multi-year lows, employers are offering ever more flexible work arrangements that allow white-collar (nonproduction) employees to perform their duties from just about anywhere.
Topic and Structure. It’s not enough to select a popular vertical. You need a compelling topic and a tight structure for each class. After all, everyone wants to learn how to code, but you can’t teach every popular program language in an hour. Build your curriculum around interesting, high-demand topics within your niche. Use real-life examples, hands-on exercises, and attractive graphics (whiteboards work well) whenever possible.
Put in the time and see where it leads to find out. There’s something there for everyone. Whether you want to get your hands dirty or just earn an income passively, there’s plenty there on my list of online business ideas. I hope I given you some inspiration to start something yourself! For more information why not head over to my How To Start A Business guide.
@Philip Taylor I was merely using medical science as an example profession. It’s quite obvious that you don’t have any professional courtesy and downplay professions in which you don’t understand. Logo design isn’t just logo design. I don’t know what the profession of a public accountant entails, or a lawyer perhaps, so I’m not going to give advice on matters that I don’t especially have knowledge in.
If you want to help shape digital products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’re highlighting in this list, but you can join groups on sites like Survey Junkie, User Interviews and InboxDollars that pay out through PayPal, check or even Amazon gift cards. You’ll be asked to provide a bit of information about your personal demographics (age, location, etc…), but after that you can get going making money online through completing surveys.
As internet-based businesses go, affiliate marketing has huge income potential. And as mentioned earlier, once it’s set up properly the income from it can be almost 100% passive. In fact, this is how I quit my job originally. I built lots of little niche sites that eventually were bringing in income of over $10,000 a month! So, I say “Adios!” to my day job and I’ve never looked back.
Fiverr is one of the biggest providers in the gig economy on the web and you can sell a wide variety of services and products through this medium. Do the research and find out what you can offer. However, keep in mind that like any other money-making task, it takes time to succeed here. And stellar reviews will help you generate more and more income over time.
The prep work before you open up shop is more time-consuming. You need merchandise to sell, photos and descriptions to post, a name for your shop and a business plan to help you succeed. Once that’s done, you’ll still need to find customers. Depending on what you’re selling, that could take weeks, which is why you should expect the overall time for this gig to be slow.
You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort.
Ebates: This app offers a simple way to make money online by buying whatever you're already buying and then getting a cash-back reward. With eBates, there is no scanning receipts. Simply click a link in the app and buy it from the store. You'll automatically be credited with your cash rewards upon purchase along with receiving an email confirmation.
While not a “side hustle” per se, Trim does the hustling for you and acts on your behalf as a full-service bill crusher. When you sign up for Trim, they immediately begin analyzing your spending and look for ways to reduce it. They’ll call your internet service provider and negotiate you a better deal on the same service. Same for your cable package (or any other recurring service you have). They’ll also look for hidden or otherwise forgotten about subscriptions and cancel those if needed. Think of them as your bill guard dog. No one gets by without their permission.
Traditional brick and mortar banks are offering historic low rates on savings accounts. So low that you’re losing money to inflation by keeping funds in them. For example, the national average savings account APY is hovering around 0.09%. The current inflation rate is above 1.2%. If your savings account doesn’t offer more than 1.2% per year, you’re losing money.
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.
So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to brainstorming the best blog post ideas, publishing (and promoting) your first blog post in just 1 week. We also cover beginner and advanced ways to learn how to make money blogging in the course. I can’t recommend it enough.
Instead, try scratching for free using an app called Lucktastic (Lucktastic is called Lucktastic Match on iOS). Each day, it releases a new assortment of digital scratch-off tickets. Lucktastic says instant wins range from $1 to $10,000. You can also earn tokens that you can exchange for free gift cards to retailers including Amazon, Walmart, Kohl's, Sephora and more.
Demands on Your Time and Personality. Tech support is a 24/7 business. You’ll likely have some freedom to set your schedule, but you’re virtually assured to have some work shifts that don’t jibe with your lifestyle. You’ll also likely be responsible for some holiday and weekend coverage, though how much varies by employer. Finally, you’ll need to be “on” and personable at all times. If you don’t think you’re capable of maintaining a sunny disposition as you near the end of an eight-hour shift, this might not be the job for you.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.
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Create a killer course experience: With your course validated and in the works, you need to figure out how people will take it. Most course creators choose to host their courses (after going down the path of learning how to make a website) on their own blogs. This way, they get all the value of bringing customers back to their site on a regular basis. I host my own courses from a subdomain on my own site so I can easily add more. The course experience is incredibly important as well. And after trying most of the solutions, I highly recommend Teachable—an online platform designed specifically for courses.
Upwork: This website offers a great marketplace for selling just about any professional service. You don't need a merchant account, a website of your own or anything else for that matter. All you need to do is be able to provide a high-quality service at a reasonable price. But be informed, you will have to compete with many others that are constantly bidding on open jobs.
– Project Payday is one of those sites that has testimonials of people who have earned thousands of dollars by getting paid to get trial offers. I’m not saying you’ll earn thousands, but it is legit and you can earn some extra cash. They assume that by paying you to do a free trial, you’ll either like the product and purchase it, or forget to cancel the trial and get charged for it. If you can keep track and cancel before you get charged (if you don’t want the product), then this is a great site for making some money.
When Paribus succeeds and a retailer issues a price adjustment, you are credited funds directly onto the original form of payment or provided the equivalent amount in store credit. It is sometimes necessary for you to call the company. Or you may need to fill out a form to receive that credit in addition to Paribus reaching out. Plus Paribus provides a convenient desktop version and an iOS app with a live feed of savings. [Paribus compensates us when you sign up for Paribus using the links we provided.]
Uploading videos on YouTube - You can monetize your funny videos on YouTube with Google AdSense. All you need is a YouTube channel then upload videos of your funny cat or your crazy friend, and YouTube viewers will get you paid. Getting paid to download apps. You can get paid by specific companies by downloading their apps and getting bonuses for every week the app remains installed.
You know those top-down cooking or craft videos you just can’t seem to get away from these days? There are people out there making a living from them, especially those that also run their own food blogs or travel blogs. In fact, a whopping 78% of B2C companies depend on user-generated content (like these videos) for their marketing campaigns. You can sign up as a creator on a site like Darby Smart and potentially work with brands like Nordstrom, Mattel, and BarkBox. Or, learn how to master PPC advertising and you can use the content to build your YouTube following and monetize through ads and views.
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service and refunds. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. It is hard work, especially on your own. You could opt for Amazon's platform, which might be an easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
Whether for high school students or adults, you can monetize your expertise by teaching people with less experience or knowledge than you in that subject area. You can work with an established group like Kaplan for, say, SAT tutoring, or you could try hanging out your own shingle and making your services known either to students, parents and schools in your community. If you are targeting adults, you can create your own website or list your services with adult tutoring companies.
As with online teaching, to maximize your chances of success as an online tutor, stick to subjects you know well. Use a reputable and high-visibility venue, structure your sessions sensibly, price your services in line with the market, follow scheduling best practices, and promote yourself enthusiastically (or choose a platform that does so on your behalf).
Gig economy jobs have quickly changed the way Americans earn money. They’re not always the highest-paying opportunities, but they do offer a more flexible means of earning than your traditional 9 to 5. As a Postmates courier, you can capitalize on this trend and make money delivering things like groceries, takeout food, or even alcohol depending on the state.
The most common at-home sewing pursuit is clothing alterations, a high-volume niche that’s always in demand. However, depending on your skills and interests, you can pour yourself into a slew of other opportunities: making custom curtains and draperies, repairing heirloom bedclothes and tapestries, assembling and repairing durable fabrics such as canvas bags and totes, or producing large-scale items such as boat covers.
Try flipping houses if you have experience with making home repairs. As you may know from watching popular home improvement shows, flipping homes involves buying up a lower valued property that needs work, and then fixing it up for resell. To get started, you’ll need to have financing either through a bank a partner. Then, you can buy a property that’s priced below market value. After you renovate the property, you may be able to sell it for a profit.