Dating sites and apps are extremely popular and have become more and more niche as the industry develops. They can also be very profitable, as there are many ways to monetize them. You can charge a joining fee, provide premium subscriptions, or make money from advertising on your site. White Label Dating provides a pre-built dating platform for your project. You simply choose the niche and branding for your new dating site. Once your website goes live, you just need to promote it, manage the users, and collect the earnings.
Signing up with Google AdSense will enable you to make money from advertising on your blog. Google AdSense will place relevant ads around your site, and if your site visitors click on these ads, you will earn a fee. Although each click only amounts to small change, if your blog has high levels of traffic and lots of page views this will quickly amount to a reasonable sum.
Great breakout of some common items that are (mostly) accessible to individuals. My biggest issue with p2p is the ordinary interest it generates and the ordinary tax that we have to pay. That really takes a bite out of the returns. Fortunately, I opened an IRA with one of the providers to juice the return with zero additional risk. 6-8% nominal returns over a long period of time will make me very happy. It should end up as 5-7% of the portfolio anyway, so nothing too significant.
Perhaps you're interested in measuring America. “Census Bureau Regional Offices conduct continuous surveys–other than the once-a-decade population count–to supply the nation with important statistics on people, places and our economy.” The US Census website states that the local field workers understand their communities best and are an important part of conducting surveys with residents. You get to work out of your home and you're also reimbursed for your mileage. The Census Bureau is hiring across the United States and you can search temporary field positions here.
No extra rooms, beds, or couches for a weary traveler to rest his head? No problem! You can still rent out another space: your parking space. Homeowners who live within walking distance of major tourist attractions or sports venues will often sell parking spaces in their driveways or on their lawns. But even if you don’t live just down the road from the Indianapolis Motor Speedway or a major music festival, you may still be able to profit off of a parking space. Why not park on the street while you rent your parking space to a neighbor? Sites like JustPark, Parklee, and SpotHero can all help you find a renter for your primo parking spot.
Mechanical Turk is Amazon's take on micro-jobs. These are small miniscule-jobs that you can do for other people, which they call HITs, or Human Intelligence Tasks. These are super simple tasks that anyone can do. Some examples are listing off some URLs with certain kinds of images for one cent, or recording a few phrases with a microphone for 6 cents.
If you have experience as a personal assistant, secretary, admin assistant, or something in a similar field, then becoming an online PA may be a great role for you. Many professionals want someone to help organize their business and personal affairs. Jobs could include sending emails, managing financial affairs, booking flights and arranging day-to-day activities. If you are interested in this line of work there are many PA agencies that are crying out for reliable assistants.
Speaking from our own experience, you can’t be a passive McDonald’s franchisee. Every McDonald’s potential franchisee will need to complete at least thousands of hours of training before he/she would be approved to acquire a franchise and only if he/she has the financial resources to acquire a franchise. It could take years before one would get a single store franchise. Until the franchisee eventually has acquired multiple stores and established his/her own management team, the franchisee would have to put his/her nose to the grindstone and work his/her ass off every day. I won’t call it a passive investment by any stretch of imagination.
2. Focus on income-producing assets. Internet growth stocks may be sexy, but they provide no income. To build a large enough passive-income stream to survive, you must invest in dividend-generating stocks, certificates of deposit, municipal bonds, government Treasury bonds, corporate bonds, and real estate. You're free to invest in non-income-producing assets for capital appreciation too. You just want to earn reliable income when the day comes to leave your job.
Rent out a room on Airbnb. Living near a tourist area has its perks, including the prospect of renting out a room for a profit. With home sharing sites like Airbnb, you can rent out a room in your home – or even the entire place – for a day, a week, or longer. If you have extra space and might enjoy the company of travelers, renting out a room is great way to earn some extra money with little effort on your part. See our post, “How to Make Money as an AirBNB Host.”
If you’ve got expertise in a certain area, package up your knowledge into an online course and sell it. This has become a very popular business model for online entrepreneurs over the past several years. The two big websites that are used to sell online courses are Udemy and Teachable. Check out this awesome article by Regina on How to Create an Online Course that Sells.
Test websites. Remote usability testing means getting paid to navigate a website for the first time and giving feedback to the website owner. Most tests take approximately 15 minutes, and you can get paid up to $10 for each test. A test involves performing a scenario on the client’s website and recording yourself doing it. For example, you might be asked to go through the process of selecting and purchasing an item on a retailer’s website.
You can generate a small side income taking online surveys — but don’t expect to be rolling in the dough. Survey sites don’t typically offer a big payoff, unless you invest a lot of time, and many sites are more useful for earning gift cards than cash. Some of the more popular survey sites include Swagbucks and Global Test Market. Read our analysis of a dozen survey sites to find out which one is best suited for you.
There are different ways to market an ebook. One of the most common is through Amazon’s Kindle program. They can help you with all the steps to both publish and market your ebook through their incredibly popular platform. There are some specialized sets of writing software that will help with not only writing your ebook, but also formatting it correctly for the Amazon market as well Barnes & Noble and iTunes
Content is what drives web traffic. Websites are always pumping out fresh, new content for their readers, and they are always looking for writers! If you aren’t quite ready to launch your own blog yet, this might be a good option to see if writing is for you. Since competition is high, we don’t recommend starting from scratch as a freelance writer. Want to see success faster? Learn from a veteran, six-figure freelance writer.
Hey Mike! Love this article. Recently, I paid off my student loans and am crazy focused on creating multiple passive income streams. Currently, all my passive income comes from real estate and because of your great articles on the subject I called to check out refinance options! I had no clue about CD laddering, dividend investing or P2P lending until two weeks ago when I started doing my research on where to put my hard earned money. I had been just saving it but when I looked at the terrible 0.01% return I said forget it! 2 % for me is a great way to start. It is better than what I have been getting outside of my real estate. Also, creating products is a must! I’m working on this type of royalty too. I find it so exciting to learn how to use your money to make money. Thanks and I will be sure to link to you when I start my blog!
Better yet, you can even upload your own book to one of the world’s largest book sellers: Amazon. With Amazon self-publishing, you set the price, retain the rights to your book, and get access to Amazon’s massive audience. For every sale, you keep 70% with Amazon taking the remainder as a fee. If you want to get started, check out Leslie Samuel's great guide to selling eBooks online or follow Tara Gentile on CreativeLive as she shows you how to use your existing body of work to write an eBook within the next week. Who knows, you might just write one of the best business books of this year!
Another option that isn’t quite cash back but is along the same lines of “make money by saving money” — the Honey Chrome extension. Whenever you head to your cart to check out, Honey searches for online coupon codes or better deals from different retailers. That means no more wasted time Googling “[insert store name] coupon code” just to come up empty-handed. Honey does all the legwork for you!
No matter how you earn your income, you may need to report it to the IRS at tax time, so keep good records and track expenses. And remember that you shouldn't let your part-time or gig work detract from any full-time or salaried position you already hold. Says Sullivan: "Make sure to be diligent with your time, so you are still able to do your full-time job while making deadlines for side hustles and freelance work."
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.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of 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.
You can do the same thing with strollers, kids toys, etc. One EXCELLENT item to flip is iPhones! There are SOOO many scammers on Craigslist from other cities who list $200 new iPhones. They are fake ads that want people to call them and then the “seller” will scam the buyer. Anyway, enough scammers list $200 iPhones that the legitimate people in your city selling iPhones see the low prices on Craigslist and think that’s the going rate! I bought an iPhone last week here in Boise for over $200 less than the LOWEST used price on Amazon or eBay. I could flip that phone for a nice profit, and there were several other iPhones in Boise priced similarly that I could do it with.
I have been really disappointed with the survey gig. They underestimate the time they take to complete by like a third and often I find myself spending 10 minutes in what seems like a survey only to find out it’s a pre-survey qualifier, where it feels like I’m giving them so much personal information that I ought to be paid, but at the end of it I’m told I don’t qualify but the award like the equivalent of a penny or two to thank you for your time.
I think Drop shipping is the best way that can help you make money online. It is the only way that allows you to start an online business without investing capital in inventory, warehouse and to buy products individually from a wholesaler and ship them directly to your customer. Moreover, with my drop shipping experience, you will learn key strategies that you won’t learn anywhere else to help your online business grow and thrive.