Dosh: An up-and-comer among cash back apps, Dosh is quickly earning a reputation for offering some of the strongest cashback offers in the space. Pay with your linked card at 1,000s of stores and restaurants, and get up to 10% cashback automatically in your Dosh Wallet (in addition to a $10 sign up bonus). Refer your friends to Dosh and get $5 for each one who signs up and links a verified card.
Promotion. You don’t need to buy digital ads to promote your classes, but it’s definitely worth your while to drum up support by email – sending out targeted blasts to your professional and personal networks – and social media accounts. As you gain students, reputable platforms like Udemy will boost your visibility, doing some of the hard promotional work for you. However, you must opt into its extensive course marketing network.
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.
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.
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.
Etsy is the most popular online marketplace for handmade goods and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who is creative and wants to sell their handmade creations. As long as you have the space, this can make for one of the best ways to make money online that can be started with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology.
Other common opportunities include insurance claims processing, roadside assistance routing, and customer assistance for health care consumers. LiveOps packages all of these functions, plus a healthy dose of inbound sales, under a single roof. Keep in mind that there’s a modest startup cost – less than $100 – involved, and you’re not compensated for training. So LiveOps isn’t suitable for at-home workers who need cash immediately.
If you’re good with Photoshop and can work quickly you might make some decent cash with this online business. Are you a graphic designer or do you have some artistic talents that you know others are looking for? Why not make extra money for your bottom line by designing logos or other graphics for people’s websites, for their newsletters or for other print applications?
@LauraGesicki I disagree Laura. Technology can only let an individual go so far with design. It all starts with the thought process and possessing the “designer eye.” This “eye” cannot be taught, but is rather a natural talent and ability to recognize good design from bad. Technology is merely a tool to display our ideas. Nothing beats natural talent and creativity.
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).
I personally have enjoyed working a direct sales/home based business on the side. I found a good, legitimate company with very low upfront costs/overhead. It has been a great experience. Just be sure that the company offers training and some sort of simple, step-by-step system and it helps if they are in the DSA Top 100– instantly proves their legitimacy!
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
While it often takes a significant amount of time and hard work to build up your affiliate income, if you have the ability to regularly publish high quality content that drives in targeted traffic to your website, this online revenue source can become quite substantial. Follow along with my experiment growing a new blog, called SmartWP about WordPress, into an additional revenue stream for my business.
Defeat that statistic by moving your money to an online savings account that offers something higher than the current inflation rate. Now, an increased interest won’t help you earn quickly, but a $150-$200 cash bonus will. Certain banks are offering new customers exactly that just to make the switch. Discover and Chase banks are but two of the many banks offering such bonuses.
People are changing the way they search and consume content on the internet. No longer is it just text rich articles that people read from finding them on a Google search. Internet users are now getting more engaged with rich media such as videos. Because they are more engaged, Vloggers are able to leverage this to their financial gain. Vloggers can make millions of dollars a year from their audiences.
Salvage and resell. Do you love antiques or have a knack for finding valuables at flea markets or yard sales? If you do, it might be time to consider salvaging items for resale – or even scouting out antiques to sell for a profit. While you’ll need to spend quite a bit of time searching for prospects and spend some money buying upfront, you could easily turn a profit if you know what you’re doing.
Some opportunities pay better and more reliably than others. Netflix reportedly pays “taggers,” who watch and categorize Netflix shows, at least $10 per hour. Individual shows or production companies occasionally advertise for similar positions, though these opportunities are becoming fewer and farther between. Competition is stiff when positions do open up.
Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
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.
Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends, Google’s Keyword Planner and other key blogging tools to do keyword research and look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.
Hi Nick! I was researching online successful businesses and came across your article. For the last couple months I have been thinking about starting my own online business that is geared towards online health/fitness coaching. Then I think maybe freelance writing or perhaps starting my own blog. Do you any suggestions on how to start these businesses? Where I could even begin? I have been a nurse since 2010, love fitness. However, starting a blog would be interesting as well.
The ego is the driver making the decisions. It decides between the devil (the id) and the angel (the super-ego) on either shoulder (yes, all those cartoons you've ever seen are partly true). We have voices in our mind, and it's up to the ego to decide which one to fulfill. Its goal is to satisfy the id in some way while also attending to the super-ego.