What's crazy is that my book income is more than my SF condo-rental income. Yet I didn't have to come up with $1.2 million of capital (the minimum cost to buy my condo today) to create my book. All I needed to create my book was energy, effort, and creativity. I truly believe that developing your own online product is one of the best ways to make money.
2) it would likely be easier to emulate what some of these big MLM girls are doing with their FB groups. Rather than advertise your products on FB, look for ways to build a page with a large following of interested users. A lot of these Lula Roe girls that do exceptionally well have large facebook pages with 10,000+ likes they “go live” on facebook and have Lula Roe parties showing off their goods/sales.
Not too keen on shuttling people around? We totally get it. How about dropping off a to-go order of burgers and fries instead? Driving for Uber Eats, Grubhub or Postmates is a great way to make extra money in your free time just by delivering food to hungry clients. Bonus points: Your car is going to smell amazing. We’re already kind of jealous of you, really.
Animal lovers can start dog walking or dog-sitting with apps such as Rover, Wag or DogVacay, or by sharing services on community boards or by word of mouth. Compensation will vary by location, app, frequency and the rates you charge. Users of these apps typically set their rates and work through the app to schedule boarding and walking requests from dog owners.
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.
You must sacrifice the pleasures of today for the freedom you will earn tomorrow. In my 20s, I shared a studio with my best friend from high school and drove beater cars worth less than 10% of my annual gross income. I'd stay until after 7:30 p.m. at work in order to eat the free cafeteria food. International vacations were replaced with staycations since work already sent me overseas two to four times a year. Clothes were bought at thrift shops, of course.
Start a blog. Blogging is how I make a living and just a few years ago I never thought it would be possible. I made over $320,000 in 2015 by blogging and nearly $1,000,000 in 2016. You can create your own blog here with my easy-to-use tutorial. You can start your blog for as low as $2.95 per month plus you get a free domain if you sign-up through my tutorial.
If you’re strapped for cash but want to work on your own schedule, you might want to consider becoming a driver for Uber or Lyft. You can drive as much (or as little) as you want and set your own schedule. Plus, you get the added bonus of having interesting conversations along the way (or at the very least some colorful stories to tell of your travels with strangers).
While building apps for Apple (or Android) mobile devices can be a lucrative way to generate passive income online, it's not as easy as many people make it seem. Beside the fact that it’s hard to get your app noticed among the millions being released every year, most people expect apps to be either free or very inexpensive. In fact, a recent study found that only 11% of apps are paid for. The number of paid apps will only decline over time as more players join the market. The key, like many of the business model mentioned here, is to be strategic and creative from the very start. There are a few ways to monetize your app and keep it free for users. Examples include advertising, premium services, and sponsors.
Last but not least, you can also earn money online by building an online community, although the monetization strategies you can pursue will vary a lot depending on your goals. You can build a community with a blog, for example. You can also build an online forum and charge people for membership. You could even build up a Facebook group and use your influence there to sell and promote products.
@moxie1956 Thanks for sharing your experience with CashCrate.com. That’s certainly disappointing to hear that you weren’t able to make the $50-$75 a month that I expect. Maybe they are just going through a seasonal downturn or something. Like I mention above though, the real money with Cash Crate comes in the referrals. Find a way to consistently refer a large amount of people to the site.
Writing an eBook and selling it on your blog can be a great money maker. Your eBook should be directly relevant to your blog’s content so you can sell your book to your existing audience. Creating a recipe eBook for a food blog or an eBook full of training plans to complement your fitness site are just a couple of examples that have the potential to sell.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
They often expect you to commit to working a certain number of hours per week, which is generally part-time. They will pay you an hourly salary for that work, so it is really more of an at home job situation than it is in an entrepreneurial way to make money online. Still, if you want to get involved in political activity, and you have the time and motivation, this could be a way to monetize that passion.
Even in the age of automation, some jobs still require a human touch. Companies often outsource those jobs via services like Amazon’s Mechanical Turk. These jobs can be tedious — tagging images, transcribing videos, classifying receipts — and can take anywhere from a few minutes to a few hours. Pay depends on the task, and the person requesting the work gets to approve the finished product before paying you. That can leave room for scams, so do your research and join a community like TurkNation, which can steer you away from shifty dealers. Read more about doing tasks on Mechanical Turk.
Hello Philip–good list but most of the activities are so cliche and yet more creativity could be better employed here…this would make me work more hours for a little more pay and still keep me in the debt circle for so long. it would require me to worker harder so that i can make more money and yet am at the point where i want my money make more money with me getting less actively/ physically involved. Some call it ‘Working Smart’ unlike traditional options that have often helped many to stay afloat without helping them soar to financial growth and prosperity. Thanks though
Write and publish an eBook. You don’t need a traditional publisher and financial backing to publish your own book anymore. In fact, Amazon.com makes it possible for you to publish your own eBook and sell it independently – with no financial investment on your part. And with Kindle eBook publishing, your book will appear on Kindle stores worldwide within 24-48 hours. Just be prepared to market it yourself on social media, your blog, or elsewhere if you expect to generate sales.
Now I’ve been using Swagbucks for a while and have found the money works out to just under $2 an hour so this isn’t something that’s going to make you rich. You’d have to work 2,500 hours to make $5,000 so that’s about three and a half months, non-stop. The thing with Swagbucks though is you can do it when you’re doing something else so I flip through surveys and other stuff while I’m cooking dinner or flipping channels.
The hardest part about saving money is actually transferring the funds out of your checking account and into a savings or emergency fund. No one wants to see their savings account drop without an immediate benefit! But with Rize, you can automate saving so you never have to think about it. Just set a savings goal and a date, and Rize will do the rest.
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.