More and more companies and startups especially are embracing remote work—where you use online collaboration and communication tools to do your work from wherever you want. And you don’t have to be a 20-something hotshot designer or coder to reap the benefits of working remotely. Many remote positions are for customer support positions or other customer-facing positions that don’t require specialized skill sets.
Work-at-home scams. Watch out for any job opportunity that promises high pay for low-effort work. “Businesses tend not to solicit employees on flyers on telephone poles or social media messages,” Hutt says. These offers are rarely legitimate, and they might end up losing you money. The Federal Trade Commission lists envelope stuffing, mystery shopping and certain types of multilevel marketing among common work-at-home scams.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
If you can find and restore items like furniture and appliances, you can make a substantial amount of money. You can acquire the items on Craigslist, or even at garage sales or estate sales, restore them, and then list them for sale on the site. You may also be able to market certain items on eBay, particularly if they are small, unusual, but high in price.
Websites such as Upwork, Fiverr and Freelancer offer opportunities to do a variety of freelance jobs, such as writing, programming, design, marketing, data entry and being a virtual assistant. Fluent in a second language? Check sites such as Gengo or One Hour Translation, or drum up business through a site of your own. No matter what kind of freelancing you do, keep track of the going rate for the kind of work you provide so you know if you’re charging too much or too little. Learn how to get started on Upwork.
Instead, go with a self-hosted site (like my blog here is)—this means your blog will be hosted on your own server and you’ll have full control over it. There are tons of highly reputable, affordable companies you can choose a web hosting plan with to get your website online, like Bluehost, A2 Hosting, Dreamhost or one of these monthly web hosting services.
There’s an excellent chance that you have one or several musical instruments sitting in storage that haven’t been used in years. Perhaps it’s a leftover from when you were in school, or even from your days playing in a band. Whatever the reason that you have it, it’s probably worth money if you can sell it. Brand-new instruments are ridiculously expensive, so people often look to buy used equipment instead, particularly if they are novices.
Be professional. When you submit a résumé, don’t type it in ALL CAPS and please don’t avoid the caps lock like the plague. Know how to use it without looking incompetent. Write in complete sentences with proper grammar. Of course, there will be exceptions, but even with the exceptions, you must keep it professional. You’re building their view of you.
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.
If you’re willing to take on some risk and have the heart of a true hustler, you can make extra money online doing commission-only sales for startups and other businesses. While you won’t be getting a regular salary, with the right sales strategies and skills as an inside sales rep, you can make decent money for each sale you bring in. And because you’ll most likely be working with startups, if you can negotiate a little equity you could profit big time if you’re pitching a solid product and the startup succeeds.
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’ve thought about trying some of these money making ideas! That said, it seems like I just get the run around have to keep doing the same stuff over an over again! I’ve been thinking about advertising chauffeur services where I take people to appointments, clean houses, and run errands for them! I have a list of things to do to make people lives easier (where I can earn some extra money for me). Thank you for all your advice. I’ll just have to go over stuff and see what I think will work best for me!
Under no circumstances should any information from this blog be used as replacement for professional financial advice. DollarSprout.com is owned by VTX Capital, LLC and neither are licensed by or affiliated with any third-party marks on this website and third parties do not endorse, authorize, or sponsor our content except where clearly disclosed. DollarSprout.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.
This article was co-authored by Michael R. Lewis. Michael R. Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas. He has over 40 years of experience in business and finance, including as a Vice President for Blue Cross Blue Shield of Texas. He has a BBA in Industrial Management from the University of Texas at Austin.
However, if you're looking for realistic ways you can start earning money online now, then it really truly does boil down to seven paths you can take towards profit. Some will provide you with immediate results, helping you to address your basic monthly necessities such as rent, utilities and groceries, while others have the potential to transform your life by revolutionizing your finances in the long term.
Clothing: thredUp makes it easy to sell clothes online. To sell your items, order a free “Clean Out Bag” on thredUP’s website. Then send in your shoes via FedEx or USPS. Once they arrive, thredUp will inspect your items before listing. Their site says they accept less than 40% of items in the average Clean Out Bag. Make sure your items are clean, name-brand, less than five years old, and in excellent condition to increase your chances. Depending on the popularity of the clothing items you send in, you will be paid either after processing or once your items sell.
Next come the nuts and bolts: choosing and buying a Web domain, hosting and designing your site, and planning content. While this is a lot of work to put in before publishing your first post, resist the temptation to cut corners. You’re laying the foundation, hopefully, for a long-term endeavor. Once you’ve created a quality site and built a following, there are plenty of ways to make money from your blog.
People often have very unique reasons for wanting to start a blog and make money from home. Some blogs, like this one (DollarSprout), are meant to be informative resources for readers. Other bloggers may opt to share personal sides of their lives. For instance, many people will start a blog to document their fitness journey and inspire others along the way.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trips a reality.
Pets. Dogs and cats complicate short-term rental arrangements. It’s hard to give a visitor free reign over your place when you’re worried about them inadvertently letting Fido or Fluffy out when they come home in the middle of the night. At a minimum, you should disclose the fact that you have pets, lest an allergic tenant leaves a toxic review on your otherwise pristine online listing.
With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you.
This is something like Experts Exchange, except that it’s more general in nature. As a professional in just about any field, you can offer your expertise on JustAnswer. They are looking for professionals in various fields who will provide answers to reader’s questions. You can make money online by answering these questions and pointing people in the right direction to get the solutions that they need.
Recording Your Work. If you’ve already written a book, you can leverage an entirely new revenue stream by turning it into an audiobook. It doesn’t have to be your voice on the recording. In fact, unless you have voice acting or radio experience, it’s better to hire a trained voice actor. Reputable platforms like ACX typically have low production costs and innovative royalty-sharing arrangements that maximize rights-holders’ (writers’) income potential. Check Publishers Weekly for a list of platform options.
Pay varies by vertical but seems to be pretty generous. JustAnswer claims you can earn upward of $35 per hour – and sometimes significantly more – if you’re an expert in a high-demand subject. Your work volume depends on the quality of your answers and the volume of questions users are asking, so you may not find as much work as you expect at first. Still, JustAnswer is ripe for multitasking, making it a perfect work-from-home opportunity.
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.
Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
If you’ve got some free time and don’t live in the middle of nowhere, becoming a Lyft driver can be a very lucrative side hustle. And right now, they’ve got a promotion going on where any new driver can earn up to a $1,000 bonus after completing their 125th ride. If you start now and hustle hard on the weekends, you can probably unlock that bonus within a few weeks of driving (the bonus is cleared on top of your normal 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.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.