Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
Do you constantly come up with witty one-liners? Do you dream of the days of Mad Men-style advertising? If you’ve got some branding chops or just come up with imaginative copy, there are lots of opportunities to make money online through company naming and slogan contests. If you think you have a knack for names check out namingforce.com and squadhelp.com. If you dream of coming up with witty copy, try coming up with company slogans on Slogan Slingers and Get a Slogan.
If you don’t mind doing other people’s chores, then TaskRabbit is a great option for making money online. Earn extra income by walking your neighbor’s dog or mowing Mr. Smith’s lawn. It might seem like not the most lucrative option, but the top taskers reportedly earn as much as $7000 a month, making this a full-time way to make money online for some.
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.
This book is a definite must read, and in the top 5 out of this list. My favorite use for this book is to help people decide what business model to pursue – for a start anyway. ie info product v membership site v affiliate marketing. Since Joel compares them all and shows you the major challenges for each (along with how-to guides), the task becomes a lot easier.
If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
Make Money Online: Roadmap of a Dot Com Mogul doesn’t hit bookstores until May 1 but retailers have been swamped trying to keep up with the demand. Jeff Bezos, founder and CEO of Amazon.com said, “Never before have we seen this level of interest for such a niche product. Reaching one million pre-orders a full month ahead of release is quite the accomplishment. A well-deserved kudos goes out to John Chow and Michael Kwan.”
Televated is the ideal site for those looking for home based customer support jobs that pay well. Apart from offering jobs for live chat help, they also have positions where customers are responded to using e-mail as well. They also pay hourly, which can be around eight dollars for each hour but they make working for them much better by offering incentives as well.
But I will temper that opinion, by saying getting your name in print can be great for achieving expert status for use in later ebooks/membership site promotions (your really money spinner), and for gaining new fans that your own distribution efforts can’t get. For example, Ferriss pulled this off pretty well, using a book to drastically grow his online following / blog readership.
The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.
Not only will this multiply the money you’re bringing in in a serious way, but it protects you against any sudden changes in the market or in your business. Remember that old saying about putting all your eggs in one basket? A few hours a week committed to just one or two of the following opportunities will put you in a much stronger position to be financially safe and independent.
In regard to sources of income, it is not necessarily coming from Blackhat activities, White hat work might fund hacktivism. Some are students supported by family, some have mundane side jobs. Some get paid for their technical skills in regular IT jobs, some speak at info-sec conferences, write articles and books, do consultancy or do work as paid media sources.
I wound up earning 30 grand from him that year. Now I have a guy sending me a mandatory $3,000 per month, but I usually end up with more. I’m on his payroll, and the money gets direct-deposited into my bank account. Last year he paid for a girlfriend and I to fly business-class to Greece. When we landed, his driver picked us up and handed us our island-hopping itinerary. Hotels and meals and everything were all paid for. The last week of the trip, I met a hot young Greek guy and bragged about him online. [The client] was jealous, but being jealous turns him on. Just hearing about me being with the Greek guy is enough of a reward for him.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
Upwork is a popular platform for budding freelancers starting a side hustle. You can search for online chat jobs with part-time or full-time hours and place a bid. Speaking from personal experience, only apply for jobs from clients with a “Payment Verified” status. Most listings with unverified payments are scams and they will try to send you a virus-embedded document or (even worse) not pay you for the work you do.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
It’s sometimes hard to comprehend just how much people love t-shirts. And with the right niche, marketing, and tools, you can create an online t-shirt business that makes you extra money online while you sleep. (Even Bloomberg and Forbes feature stories from entrepreneurs who've done just that.) Services like TeeSpring make it easier than ever to create a t-shirt drop-shipping business where they handle the sales, printing, and shipping, and you’re only responsible for design and marketing. For more tips, check out this simple guide to launching and marketing an online clothing store by my friends over at Selz.
The fact is, most people have no idea how to pick a doctor or a financial advisor or any other related professional service practice. They don’t know anything about the skills necessary, what to look for, what to avoid, or how to think about the service. A book is a great way to establish your authority and show people what it would be like to work with you. Beyond that, it does a great job educating your clients on what they should expect, making your job easier.
It doesn’t pay much, but if you’re a healthy person and want to make a bit of extra money online, the AchieveMint app will reward you for doing things like walking, tracking your food, or taking health surveys. AchieveMint works by connecting to fitness apps you might already be using like Fitbit, RunKeeper, Healthkit, and MyFitnessPal and then giving you points for certain actions. For every 10,000 points, you earn $10 with no limit on your earnings.
You can make money chatting online when you join a chat service that pays. Video-chat, video sharing, get-paid chat programs and forums are several ways that you can make money at home in your spare time. Video-chat websites allow you to choose either a one-way video chat or a cam-to-cam video chat with other members. Other types of chat services require you to create an account with them and post quality content on their websites.
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Holding contests online is a great way to get attention for your brand or products. Giving away free products is perfectly fine. But if you hold a contest involving money for a prize, you are entering into what is considered “sweepstakes” territory. There are particular regulations in various states regarding such contests, and you must make sure you follow these to the letter or face criminal charges. If in doubt, leave it out!