Before we go any further, let’s talk about the difference between active income and passive income. This distinction will be paramount to your ability to produce serious capital on the web. So what is passive income? Passive income, if you don’t already know, is income that’s earned automatically. It doesn’t require much maintenance once that income stream has been created. However, it does require an enormous amount of effort at the outset to establish that stream of income.
Try Uber EATS or DoorDash. Uber EATS offers part-time work that’s similar to driving for Uber or Lyft. Instead of picking up passengers, however, you will pick up food orders and deliver them in your area. Pay works similarly, letting you earn a per-job rate plus tips. Door Dash works similarly, letting consumers order food from restaurants and connecting drivers to pick up and drop off their meals.
Video is growing like crazy. And more and more people are looking for professional help cutting their raw footage into viral-worthy content. If you have the right software and a bit of skill, you can easily make money online as a video editor. Check out these article of Fstoppers on how to become an online video editor and then look for relevant jobs on Mandy.com, Creative Cow Job Search, or ProductionHub.
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.
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.
Some websites pay for performance based on page views for virtually anything you want to write about if you have the proven experience and background to cover your beat. Many companies are looking for part-time bloggers to help them create high-value blog posts for their websites. This, in turn, creates great opportunities for those who have a knack for writing compelling content. Most clients pay per post or on a retainer contract with a set number of posts delivered per month.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
Again, if your blog has a large reader base, then businesses may be interested in paying you to review their services or products. Not only will you get a free trial using whatever these businesses are selling, you will also get a fee for writing them a review and posting it to your site. Paid reviews (and other paid and sponsored content) can be big money, so advertise this service on your contact page to generate business.
The peer-to-peer concept is coming to virtually every corner of human existence. That includes the hospitality industry. Through AirBnB you can actually rent out your house for various lengths of time for a predetermined fee. That gives you an extra income on your house and gives the visitor the benefit of having an entire house, rather than being crammed into a single hotel room.
Active income requires your time and you can only produce as much money as your time allows. For example, a doctor or a lawyer who charge high per-hour or per-consultation fees and make exorbitant amounts of cash are stifled by the amount of time they have in a day. We all have the same 24 hours. Not one person on this earth gets more time than the next. It’s the greatest equalizer in life. When the time you work directly correlates to your income, it’s called active income.
I’m not sitting here and telling you it’s going to be easy though. It’s going to be downright difficult. At times, you might kick and scream in frustration, wondering when it’s ever going to happen. The difference between those that succeed with any type endeavor online and those that fail, are the ones that have cloud-nine dreams of lightning-fast internet riches. That might be because of all these supposed experts out there who tout these overnight systems, or it might just be our general desire for instant gratification.
If you don’t want to get paid Fiverr prices, you can turn to platforms like Craigslist to find side gigs. Under their jobs section, you can search for contract or telecommute opportunities. The great thing about the telecommute opportunities on Craigslist is that you can apply for them for any city in the world. For example, if you see a telecommute opportunity in the San Francisco area, you can apply to it. Craigslist has a variety of side gigs from writing, business, design, accounting and more. So if your talents don’t match up with anything else on this list of money making ideas, you might want to try a side gig from Craigslist, and start making money online. Apply to multiple opportunities to land a few small side gigs.
Writing copy for websites is another great freelancing option for those who have a way with words. Copywriting can involve writing the text for websites, press releases, promotional offline materials including leaflets and brochures, and any other professional text for businesses. Writing copy can be better paid than blog writing. However, clients can be more fussy, as they want the highest quality writing for the forefront of their website or advertising campaigns. Many freelance writers offer both copywriting and blog writing amongst their services. This can be a good way to juggle regular but lower paid clients (blogging) with the higher paid but ad-hoc project based copy work.
VIPKID provides an international learning experience to children in China between the ages 4-12. Headquartered in Beijing, the company offers fully immersive one-on-one English language instruction provided online by highly qualified teachers. The curriculum is based on the U.S. Common Core State Standards and uses a flipped-classroom approach to foster creativity and critical thinking skills.
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
No matter what method you select for generating your online income, there's one very important thing to understand. Today, across this globe, with its 7+ billion inhabitants, there are two recurring things that people are looking for more of. Either people want more time or they want more money. The truth? Time is far more valuable than money. You can't recreate time. Once it's spent, it's gone forever. Not money.
It may take time to build that audience that turns views into dollars. The average revenue per 1,000 YouTube views is just over $6. But with enough videos for fans to scroll through, those views can add up over time. While you're building an audience, you could also join an affiliate program related to your channel and make money through affiliate links in your video descriptions.
Sell plasma. After passing an initial screening, you can usually sell your plasma for anywhere from $25 to $50 per donation. To qualify, you’ll have to stand in a long line or show up early, be willing to fill out a very personal questionnaire, and endure a painful needle prick or two. Still, selling plasma is a great way to raise money fast – if you can stand the hassle.
Yet another Amazon service providing the possibility to make money online is the Audiobook Creation Exchange. You can create a standalone audiobook, or create an audio version of your eBook as complementary media. And you can narrate your audiobook yourself, or Amazon can put you in contact with a professional to help. Once sold, you can then earn up to 40% royalties per audiobook.
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.
Whether your feedback to companies is positive or negative, all is welcomed. Companies are open-minded in accepting different types of opinions, as feedback is valuable for their product development – to design a better/improve the current product. So don’t worry about “not being paid” if you provide negative feedback. Perhaps a company saw your opinion and was inspired to make a new product – and bang, a new generation of smartphones appeared.
Posting ads on Craigslist is technically easy, but people often have fears about posting their personal information on the site. I communicate mostly through email when doing business on Craigslist, and I’ve never run into any issues. I’ve never been ripped off, nor have I been murdered or raped for using the site. It takes common sense, so use your best judgment, but don’t assume someone is a thief just because of their preferred communication method. For an extra bonus, google “funny Craigslist ads” to see some delightful examples of guerilla and grassroots marketing.
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 products.
Similar to e-commerce websites such as Amazon and OLX, a peer-to-peer (P2P) platform is a marketplace for money lending activities. You can lend money to others in a more organised and structured manner using the P2P lending platform. The P2P platforms have the recovery process in place and one should understand it before using the services of the platform. Since this is an unsecured loan where there is no face-to-face interaction, a P2P lender needs to be aware of the risks involved. Currently, the interest rate earned can be anywhere from 13 percent to 30 percent.
If you are more confident in your skills, you can also market directly to websites and blogs. You can contact the sites by email to market your services. That will also enable you to select the specific types of sites that you are more comfortable working with. Since there are literally thousands of websites and blogs on the web, the potential market is limitless.
The best smartphone apps are based on the freemium model, which allows some level of game play or usage without having to purchase. But this also means that you have to build something with real inherent value. It also has to be highly engaging if people are even going to consider paying for an in-app purchase. Take the time to really research this money making opportunity before diving in head first.
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.
When you’re desperate to make money now, sometimes the only option is to sell your stuff. If you’re unemployed and struggling to find a job, selling your posessions is a great way to make money fast. You can earn money online using the links below or you can head to a pawn shop. Keep in mind the shipping costs associated with selling online. Be sure to charge the buyer for it if you’re shipping products internationally.