Thanks for the tips, Jeff! I am gonna try them out and see if I can get some more extra cash. May I suggest to other fellow readers one way I have been earning. I have been earning a bit by writing snippets on QWERIFY and it had been great and I am getting paid for writing contents for others. Writing is fun but I will also try these tips when I have the time!
Cleaning and Damage. Online rental platforms let you charge cleaning fees so that you aren’t financially on the hook for the full cost of a post-tenant professional cleaning. Most cover the cost of renter-caused damage too, provided you properly document and report it. But financial redress only goes so far. You still have to deal with the inevitable investment of time and energy to fix the damage or clean up the mess.
It’s something akin to picking stocks. You want to buy undervalued domains, and sell them later on at a higher price. For example, you can pick a domain that is out of favor, but could be related to some future event. So if you decide that the stock market is likely to crash in the future, you can buy a domain that includes the words stock market crash during a rising market, and then sell it in a falling market.
If you’ve got experience and expertise in a specific area of business, there are hundreds if not thousands of business owners who would love to jump on a phone call and pick your brain. This can be an easy way to make extra money online and to hone your skills to use in your consulting or freelance business. Sites like Clarity.fm let you create a profile where entrepreneurs and business owners can pre-pay to book a phone call with you for a set amount of time. Whether you’re an expert in raising money for startups, building apps, or running a restaurant, you can make extra money selling a few minutes of your time to people in need.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
Build a Portfolio. Unless you’re very lucky or a credentialed expert in a sought-after niche, such as law or accounting, your first freelance writing gigs probably won’t come with a byline. But that doesn’t mean you can’t add your early work to your writing portfolio with permission from your clients. The more pieces you produce, the more variety you’ll have to show clients down the line. As your portfolio grows, use a professional website or content marketing platform like Contently to present it publicly.
Working online could actually earn you more if you play your cards well. For example, if you take on two jobs a day, you will earn less than a person who does five jobs a day. Your earnings fully depend on how much expertise you have and how willing you are to work. This means that you get value for your time and effort as opposed to working in an office for a fixed salary at the end of the month.
You could try advertising more, for example, by putting up signs around the neighborhood, posting about it on social media, or having people you know spread the word. You could also try doing it in a different neighborhood that might have friendlier people, or do it in a time and place where there's likely to be a lot of people walking around the area (e.g., near a church before the end of a mass).
Drive Traffic. The more traffic your site receives, the more revenue it produces and the more valuable it becomes to prospective buyers. Your traffic-driving strategy will depend on a host of factors, including your budget and target audience. But it’s likely to involve some combination of organic SEO, paid search ads, content partnerships, pay per click (PPC) advertising, and social media marketing.
Are you good at catching typos, poor grammar, or other mistakes in written text? If so, you may want to consider becoming a freelance proofreader. In 2014, Caitlin Pyle made over $43,000 working as a freelance proofreader — in her spare time. After she had a ton of success doing that, she started Proofread Anywhere to teach others how to do the same.
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.
Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant digital products.
Before I talk about some of the methods for making money online, I wanted to address the role of pain versus pleasure. Every decision that we make in life is weighed on a pain-versus-pleasure scale. We will always do more to avoid pain than we will to gain pleasure, plain and simple. However, this is also what holds us back from succeeding in any endeavor.
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.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
Become a Query Machine. Once you’ve gained confidence on freelance copywriting platforms and built a modest portfolio, look for companies that actively advertise for writers – both traditional publications and companies with obvious content needs, such as PR firms. Do some research on crafting and personalizing query letters, which is an art form in itself. Then, start sending out queries to blogs, magazines, dailies, and other content-hungry organizations that fit your writing style and knowledge base. If you’re looking for byline work, each query should include a clear pitch for a single article or article series. For behind-the-scenes gigs, such as ghostwriting ad copy or press releases, condense and communicate your value proposition. Don’t sweat nonresponses. This is a numbers game, and more queries than not will be ignored.
If you’re not ready to go through the complex process of setting up a full online business, you can make a little easy money by filling out online surveys or doing paid micro-tasks, like odd jobs on Amazon’s Mechanical Turk website. You can also try selling some items on eBay or putting a few designs up on a free CafePress account to try to make a little side income. With any of these approaches, it may take some time for you to get any payout!
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
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're a crafter, the internet is your showcase — and not only at auction sites like eBay. DeWitt Young of ObviousFront.etsy.com has had success turning her crafts into cash online. She has a booth at Etsy.com's Craft Mall, an amazing place where thousands of artisans and crafters offer their goods for sale. DeWitt turns salvaged parts from old TVs and VCRs into artsy necklaces, earrings, and figures. Colleen Jordan of wearableplanter uses 3D printing to create her necklaces called wearable planters.
This could be a smart strategy if you live in an area where real estate is outrageously expensive, or you don’t want the hassle and expense of traveling all over the country visiting potential properties. Plus, if you are new to single-family real estate investing, letting a place like Roofstock guide you through the process is a great way to get your feet wet.
As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things.
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.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of top affiliate programs for bloggers and even 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.
Moreover, one has the freedom of dressing and can work in casual clad, not necessarily suiting up. For the parents who have to split between home chores like childcare responsibilities, are able to create balance between work and home. One does not have to commute thus saving on gas and also commuting time. Convenience for example in sales where one is closer to clients than when at work. Finally, there is access to a wider pool of applicants for example the disabled who prefer to work from home.
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.
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.