Whether you want to make money quickly, or you are looking for sustainable, profitable results, there are ways to make money online. The truth is that making money online is not as hard as getting it out. It requires some discipline.
However, if you are looking for realistic ways to make money online now, this really comes down to seven paths that you can use to make a profit. Some will provide you with immediate results that will help you tackle your basic monthly needs such as rent, utilities and groceries, while others have the potential to transform your life by revolutionizing your finances in the long term.
Whatever method you choose to generate your online income, there is a very important thing to understand. Money can be earned and spent, saved and stolen, invested and wasted. No time. That is why time is much more valuable than money. You cannot re-create the time. Once it’s released, it’s gone forever.
When you miss the luxury of time, earning money from or offline can seem like an impossible task. How should you do that if you are working on a life-giving nine-to-five job? While the stability of a full-time job offers the best chance of sleeping well at night, it does not give your creative juices the chance to look for new revenue-generating strategies.
Whatever method you use to generate income on the internet, you have to adjust your setting to gain more power instead of discouraging yourself. The truth is that earning money online can be fraught with avoidable pitfalls. Cancel the sound by keeping in mind a few basic guidelines.
If you are serious about generating a full-time income and possibly more of your online activities, then you should focus on passive income rather than active income. Of course, the active income will help you survive. That is the scarcity mentality in the game. But it is the passive income ideas that will help you thrive.
Since you have a finite amount of time, passive income should be a big part of your job. If you are seriously generating online income, passive income must be one of your only goals and ambitions. Why? Wouldn’t you rather do the work once and get paid repeatedly instead of relying on your time to generate that income? Invest the time in the front so that you can reap the benefits of the back end. This means adding a little sweat and not being paid today. On the contrary, you are paid somewhere on the road. And you continue to get paid whether you continue to build up or stop that passive income stream.
Anyone interested in making money online must pursue a passive income and at the same time work on an active income. There are numerous ways to passively generate an income on the internet, many of which start with the basics of having a blog, generating significant traffic, and building an audience and a list. It is not easy, but it is worth it.
That does not mean that you have to start a blog today to make money. You can opt for a non-blog start route, but if you are looking for a long life in your revenue-generating skills on the internet, then a blog should be your primary goal.
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1. Use the app economy
If you are looking for a number of immediate financial needs, then the app economy is probably right for you.
Uber or Lyft: if you are in an environment where you can find Uber or Lyft, or one of many competitors around the world, such as the Chinese Didi, the hours are flexible and you can work the way you want, making it perfect , even if you currently have a full-time job, but are looking for some money on the side.
Postmates: You don’t even need a car in some locations to make money with this app. In some large metropolitan areas such as Manhattan, a bicycle would suffice.
iBotta: earn money back by buying recommended products from major retailers. All you have to do is add discounts, shop and then take a photo of your voucher to earn back your money. Simple and effective.
Task Rabbit: Another simple and straightforward app for making a little side-hustle income is the Task Rabbit app. Tasks can be anything from simple repairs to more exhausting businesses. The app ensures a careful check of every service provider to ensure the highest quality, and it is a great way to earn some extra income on your own terms.
Ebates: this app offers an easy way to make money online by buying what you already buy and then getting a money back reward. With eBates there are no scan proofs. Simply click on a link in the app and buy in the store. You automatically receive your cash payment upon purchase and at the same time receive an e-mail confirmation.
Swagbucks: with Swagbucks there are a number of ways you can earn money. You can shop online, watch videos, answer surveys and surf the Internet. The app gives you both cash back and gift cards as a reward for your efforts.
Inbox Dollars: Another app that you can use to make money online is Inbox Dollars, which allows you to pay for watching television, conducting surveys, and shopping. There are cash offers here and it is relatively similar to some of the other apps in this arena.
Related: What you really earn on Uber, Airbnb and TaskRabbit every month
2. Use existing websites
You can also choose to use existing websites to make money. These include both active income and passive income methods. For example, you can sell a number of used items or invest in creating some digital designs that can then be sold on items. Again, spend a significant amount of your time on a passive income so that you can slowly build up income that arrives on autopilot without extra effort.
Of course, a large number of these sites have their own respective apps. But these are certainly less involved in the gig economy, and even more so in the longer term projects that exist in the field of photography, online marketing, graphic design and web development, for example.
Craigslist: this site has been the go-to resource for people looking for a little extra money online for more than a decade. You can easily sell your used things, rent a guest room in your house or apartment and offer your services to the world.
Upwork: this website offers a great marketplace for selling almost any professional service. You do not need a merchant account, your own website or anything else for that matter. All you have to do is offer good service at a reasonable price. But be warned, you will have to compete with many others who are constantly bidding on vacancies.
Cafe Press: on this website you can create digital designs that can then be sold on the platform. You earn a commission for everything that is sold and you will never have to deal with logistics such as printing, warehousing and customer service. If you have some graphic design skills, then this is a great potential resource for your internet-based income.
Fiverr: Fivver, who lives in Israel, was founded in 2010 by Shal Wininger and Micha Kaufam. You can offer performances starting at $ 5, but you also get paid much more for upgrades and add-ons.
Mechanical Turk: Amazon’s Mechanical Turk is a tool for performing human intelligence tasks, or as the site usually refers to them, HITs. You get a very small amount for every given HIT and you need a lot of volume to earn a substantial amount. But it is a tool that you can use in your free time to generate a small income online.
Flippa: if you have a preference for buying and selling, you can use Flippa and its more expensive counterparty Deal Flow Brokerage to buy and sell websites for profit. You need to know what you are doing here, but you can easily earn a substantial income by turning over profit-generating websites.
Etsy: Although Etsy’s popularity has recently declined, it is still a great resource for selling handmade items online. No need for complex e-commerce sites or vendor accounts or any form of automation. The company takes a commission from every sale and charges a small offer price per item. But many still use Etsy as their main source of income. The best part is that you can also sell digital products here, such as poster designs.
Shutterstock and iStockPhoto: do you have a good eye for photography? Why not sell photos on some of the leading photography sites. You need some skills in design software to tag with. But if you have skills in this area, it is a great potential source for passive income.
Threadless: similar to CafePress, Threadless from Chicago also offers you the opportunity to sell digital designs in the form of t-shirts and other merchandise such as phone cases, mugs, beach towels, and so on.
Zazzle: Another great source for online sales is to use Zazzle from Robert Beaver. The site is somewhat similar to Etsy and almost anyone can make money online by selling a variety of items here. From art to handmade items and customizable products, you can sell almost anything here.
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3. Sell your own things
When you are ready to participate in the e-commerce battle, you can sell your own stuff. Of course, along with selling your own things on your own website comes a whole range of both responsibilities and technical configuration and requirements. To begin with, you need a website and a hosting account. You also need a seller’s account as offered by Stripe or PayPal. Then you have to design that site, build a sales funnel, make a leading magnet and do some email marketing.
You also need e-commerce software, fulfillment software, concerns about warehousing, customer service and refunds. But that is not everything. You also need traffic. Think of search engine optimization, Facebook ads and other social media campaigns. It is hard work, especially alone. You could opt for the Amazon platform, which might be the easier route. But at the end of the day this is a serious matter, which could generate significant profits. So you are either all-in or you are not.
Shopify: do you want to build your own storefront? You can choose to create a Shopify store. You can also install WooCommerce as a plug-in and manage your blog’s e-commerce store. You need an SSL certificate and a way to process payments, but you might find this easier to get started and sell immediately.
Fulfilled-by-Amazon (FBA): you can start selling in the largest online store in the world and not spend time building your own infrastructure or worrying about traffic. You have to pay a commission, but most other processes are automated for you.
Drop-shipping: Amazon offers one form of drop-shipping, but there are other sources for drop-shipping products that you never have to see or handle yourself. You only have to close the sale. Providers such as SaleHoo, Worldwide Brands and many others offer you a tool for dropping your products.
High-ticket consulting or coaching: you can sell your own high-ticket consulting or coaching products from your website. You still need a website, seller’s account, sales funnel, main magnet and many other items. But you can easily earn a substantial amount from each individual customer, making it worth paying for the tricky setup that is needed.
Related: Make money online: 5 Great online sales opportunities for every entrepreneur
4. Sell as a partner
There are many resources to make money online as a partner. You could buy products from ClickBank, Commission Junction, Rakuten Marketing, Share-a-Sale, Impact Radius and many others. Plus, many of the larger companies also have their own partner programs. Do your due diligence and find the right company with a relevant product or service for your audience that you can sell as a partner.
In some cases you need an active website with significant traffic to be approved. Selling as a partner is not easy, but if you do have the public, it can certainly generate a substantial amount of income.
Related: Why affiliated networks are so important for online affiliate marketing
5. Start a blog
If you want to earn serious money online, start a blog. Blogging is one of the easiest and most sustainable sources of income. As long as the blog is set up in the right way, in the right niche, with the right content aimed at the right target group and the offer complements the content, you could earn a huge amount of passive income with a blog.
While some may think starting a blog is a tough effort, it becomes much easier when you understand the precise steps you need to take. It all starts with the decision to choose a profitable niche and choose the right domain name. You must build your offers from there. You can easily sell things such as mini-email courses, training, and e-books.
Related: 6 ways to turn your blog into a Money Maker
6. Email marketing
If you are interested in online marketing, set up email software and create a main magnet that you can use in your sales funnel. Then build that list. It is often said that you can earn around $ 1 per subscriber per month. If you have a list of 10,000 subscribers, it means that you can earn around $ 10,000 a month. You will have to deliver value and not put them on every email, but it is a very achievable goal in a short period of time.
There are many ways to get people on your list. Lead magnets are such a resource. For example, you can build e-books, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with additional resources in it, four-part video training series, and more. Think of your audience and what you can offer them to better serve them, treat them with some respect and you will ultimately reap the benefits.
Related: One of the first Facebook employees explains why email marketing is better than social media marketing
7. Webinars training
Webinars are perhaps one of the most powerful ways to make an exorbitant amount of money online. You need an audience to train and you need to know what you are talking about. Of course this usually requires having a website and some appearance of an online presence. However, people can still do webinars without all that. For example, you can follow a good social media and you train them every week on something that has to do with social media. But at some point you need a product to embed and sell. Don’t worry about it in the beginning. In my experience, GoToWebinar is the best webinar platform.
Whichever method you choose to make money online, understand that you may be able to make some money quickly, but for the high return you need considerable sweat. However, in a year you will be happy that you started today. Remember that time is much more valuable than money. Focus on creating passive income streams that free up your time so that you can leave the rat race and focus on the things that matter.